A list of all scam unregulated 3rd party educational vendors

[nakachalet]

Quote from edbar:

That sounds like it could be a legitimate reason to call them scammers. However, maybe a little more information may be helpful.

For instance:

1. did they just take your money and blow you off.
2. or did they send you the training materials, and you didn't think they were sufficient.
3. or did you take the course, and then when you went and took the test, you didn't pass. <while they promised you would pass after taking the course>.

I ask this because "teach me to trade" type courses are very subjective. People could teach you how to reach charts and graphs and technical indicators. But learning all of that does not ensure that you will make money trading.

only if you and whoever you represent or work for, could only show your customers, how you trade on live screen....

there would be no accusation of any kind that would come from your customers or observers....

at this very moment, there are only less than a handful of trading schools whose proprietors are willing to go on line LIVE and TRADE REAL MONEY to show their subscribers how they enter and exit a trade and how they manage their assets and the incurring risk and reward, among numerous other trading necessaries and imperatives in order to become a profitable trader....

if any of you claiming to be successful and consistent traders could or would do that for your students or subscribers, you won't have any problem with any regulatory agencies.

that is a part of what is called--full disclosure.

if you can not do that, then perhaps you ought to do something else more legitimate rather than cheating and feeding on those who are willing, able and ready to learn how to trade.

again, shame on you all, great pretenders and associates.

 

[edbar]

Quote from nakachalet:

only if you and whoever you represent or work for, could only show your customers, how you trade on live screen....

there would be no accusation of any kind that would come from your customers or observers....

at this very moment, there are only less than a handful of trading schools whose proprietors are willing to go on line LIVE and TRADE REAL MONEY to show their subscribers how they enter and exit a trade and how they manage their assets and the incurring risk and reward, among numerous other trading necessaries and imperatives in order to become a profitable trader....

if any of you claiming to be successful and consistent traders could or would do that for your students or subscribers, you won't have any problem with any regulatory agencies.

that is a part of what is called--full disclosure.

if you can not do that, then perhaps you ought to do something else more legitimate rather than cheating and feeding on those who are willing, able and ready to learn how to trade.

again, shame on you all, great pretenders and associates.

Easy with the word "you". I'm not affiliated with Affinity. I was just trying to understand the process of getting a company onto the list.

You do realize that a company can be legitamate without being endorsed by elitetrader. This site is not the governing body for all companies.

Also, DietSoda, send me private messages and clarified his position, and I agree with him. At the same time though, I am waiting for coke and burgerking to be added to the list. I believe I posted legitimate reasons for adding them. If they were smaller companies that you have not heard of, then would they be added?

 

[edbar]

Quote from nakachalet:

only if you and whoever you represent or work for, could only show your customers, how you trade on live screen....

there would be no accusation of any kind that would come from your customers or observers....

We do actually show much evidence and give complete walkthroughs, when someone contacts us.

 

[nakachalet]

Quote from edbar:

Easy with the word "you". I'm not affiliated with Affinity. I was just trying to understand the process of getting a company onto the list.

You do realize that a company can be legitamate without being endorsed by elitetrader. This site is not the governing body for all companies.

Also, DietSoda, send me private messages and clarified his position, and I agree with him. At the same time though, I am waiting for coke and burgerking to be added to the list. I believe I posted legitimate reasons for adding them. If they were smaller companies that you have not heard of, then would they be added?

my sharp comment is directed pointedly to those involved directly or indirectly with teaching others how to trade PROFITABLY AND CONSISTENTLY....

there is no other intention. nor is there any personal attack on you or anyone not involved directly or indirectly with this sham and deceitful practices preying on those genuinely desiring to learn how to trade successful, profitably and consistently.

if you or other readers or traders do not have anything to do with these sort of illegitimate practices then my comment obviously is not directed to you, K? happy trading, edbar and everyone else.

 

[HurricaneUS]

Quote from edbar:

Yes, I am the CEO of CoolTrade, as everyone knows. Just click on EDBAR and you will see that.

DietSoda, I only pointed out Affinity because you just made the post. So I thought you could help me understand the process.

I thought the questions that I asked you were very straight forward and could help determine if you are just a dissatisfied customer of Affinity or if they really are a 100% corrupt company.

The person making the accusation should be the one to PROVE the company is a scam. Contrary to popular opinion, every person in the world is not on the EliteTrader board, and therefore we cannot count on a company's HAPPY customers to come forward to defend the company. So it should be up to the accuser to present evidence that the company is a scam.

Otherwise, this is a witchhunt board and as I stated before, every book in the library will be burned, unless there are firm rules for adding companies to the list.

Edbar.....seriously?.....


As the CEO of CoolTrade, you're having arguments with anonymous posters on an internet forum?.....seriously?


If you have an issue with this thread then have your legal team contact Baron. Otherwise, you're doing more damage to your company's reputation than any of the other adversarial posters combined by engaging them.

 

[edbar]

Quote from HurricaneUS:

Edbar.....seriously?.....


As the CEO of CoolTrade, you're having arguments with anonymous posters on an internet forum?.....seriously?


If you have an issue with this thread then have your legal team contact Baron. Otherwise, you're doing more damage to your company's reputation than any of the other adversarial posters combined by engaging them.

I agree completely. We'll do it offline.

Thanks a lot

 

[nakachalet]

Quote from HurricaneUS:

Edbar.....seriously?.....


As the CEO of CoolTrade, you're having arguments with anonymous posters on an internet forum?.....seriously?


If you have an issue with this thread then have your legal team contact Baron. Otherwise, you're doing more damage to your company's reputation than any of the other adversarial posters combined by engaging them.

ditto and thx hurricaneus.

apparently, edbar is just very anxious to set some records straight for whatever reasons.

perhaps, edbar would subsequently become a shooting star to help those learning to trade successfully, profitably and consistently; is my dream.

 

[dietsoda]

Quote from nakachalet:

ditto and thx hurricaneus.

apparently, edbar is just very anxious to set some records straight for whatever reasons.

perhaps, edbar would subsequently become a shooting star to help those learning to trade successfully, profitably and consistently; is my dream.

I want to alert the trading community, my life has been severely damaged by a "con artist type" company, so many others have been completely destroyed. That was the point of my post to save some from this result. Can you imagine not being able to give those you love a Christmas gift? Not being able to put a good meal on the table? Pay your rent or mortgage"? I was fooled, i hope this saves some people... Good luck to everyone and may the madoffs of this world BURN IN HELL!!!!

 

[bwolinsky]

Quote from HurricaneUS:

Edbar.....seriously?.....


As the CEO of CoolTrade, you're having arguments with anonymous posters on an internet forum?.....seriously?


If you have an issue with this thread then have your legal team contact Baron. Otherwise, you're doing more damage to your company's reputation than any of the other adversarial posters combined by engaging them.

This is a silencing ploy for anyone who is identified online known with certainty.

Edbar, don't buy into this. If someone attacks you then you attack back. Donald Trump style rhetoric is fine, especially when it's in public domain.

I would rather fight anonymous cowards than let bullshit like this go.

I think the scam list has identified some more obvious ones, but the less obvious, like CEO's of systems of CoolTrade, Inc., require first hand experience, and one poster saying negative things doesn't qualify anything like that to be classified as a scam.

 

[heywally]

I've read very little of this thread but the definition of the word scam implies fraud and I'm sure that legally, few trading sites would meet the definition.

Most of these 'educational' sites are simply rehashes/exaggerations of existing trading theories, stuff that is freely available out there with some minimal research.

So rather than look for or create a questionable 'list' of scam sites, newer traders should just spend the time necessary to find and then study the multitude of valuable and excellent free stuff on technique out there, keeping in mind the simple fact that what works in one type of market might not work in another and that markets are always shifting.