That's a very judgmental and raw statement to make about someone going through cancer treatment regardless of the circumstances.
A list of all scam unregulated 3rd party educational vendors
- Thread starter emg
- Start date
That's a very judgmental and raw statement to make about someone going through cancer treatment regardless of the circumstances.
That's a very judgmental and raw statement to make about someone going through cancer treatment regardless of the circumstances.
Not judgmental, just reality. If he knew he was taking morphine or whatever it was he shouldn't of been mentoring a room. Not that it seems he has ever led a profitable room in the first place, with or without morphine. This guy has had many rooms, ect. I wouldn't trust him with a ten foot pole.
Here is someone else who was in his room and his experience:
http://marketclips.com/2013/08/12/4...he-us-the-e-mini-trading-professor/#more-1587
If he was "mentoring" a room as you described ( obviously I am not familiar with this vendor's business model ) and he has a direct influence on the risk and decisions that others are making in a live market then your point is indeed valid.
Please elaborate, how is it that "we know Boulter lost him money and wife to trading." - ??
zI wanted to post actual experience here, since so much of this seems to be bashing without evidence.
I attended a few Traders International free online seminars back in the approx. 2004-2007 time frame. To their credit, they were often done in the live market. After much debate, I ended up buying their "system". It was basically a few stock indicators which looked for divergence on 1 minute charts of the Emini ES. It did have its merits, but also produced a lot of "subjective" trades. I also joined the chat room and screen captured those sessions for posterity.
I would have to think I was desperate and needed a direction, hand holding and something to follow without thinking too much. I wanted to trade for a living in the worst way.
For a time the room followed the basic system. I would have to say they did win more than they lost. It was designed to give you the opportunity to make 2 points a day. I do believe traders were able to do so. I personally never traded live, only sim.
At some point, Franz Shoar became the new moderator in the room. Things changed drastically at this point. While he was still calling the classic Times signals, he was also calling new "HP" 1 2 and 3 signals. These were basically supposed to be some "black box" combination of 13+ indicators. These always seemed to be countertrend moves, at times, scalps. He would often double and triple down on moves that had went against him and scale out at a smaller target to make his trade work. Well, one day the market trended for 1-2 days and it appeared he blew out months of gains, including holding overnight...
Later, after this mess, I believe it was claimed he was never really trading money, only a simulator. Perhaps someone can fill out in more detail what I have missed. I may review some of the screen caps to see what I can add to this post. It would be interesting to hear from anyone who might be currently using Traders International and or Franz's new venture Bullseye Traders.
I cannot say TI was all bad, if you wanted hand holding trading this was it. The course price was very high, that was bad for sure. I never did care for Franz and the confusion the HP signals brought to the table. There were constant times where Times signals were against HP signals sometimes having 4-5 signals in play at once, leaving people potentially confused.
In the end I always have to ask myself, if someone is good enough to make a living, why would they need the income from teaching and chat rooms? I understand the concept of passive income, but can't we all assume at some point the trader no longer needs to deal with risk and just makes the money from the website and courses and chat rooms?
I see Pristine (Greg Capra) is on the list. As stated before, many of their methods revolve around price action, how can this be a scam? Does anyone have new information on Pristine, because aside from Velez and VCM, I am not sure that they are all bad.
I attended a few Traders International free online seminars back in the approx. 2004-2007 time frame. To their credit, they were often done in the live market. After much debate, I ended up buying their "system". It was basically a few stock indicators which looked for divergence on 1 minute charts of the Emini ES. It did have its merits, but also produced a lot of "subjective" trades. I also joined the chat room and screen captured those sessions for posterity.
I would have to think I was desperate and needed a direction, hand holding and something to follow without thinking too much. I wanted to trade for a living in the worst way.
For a time the room followed the basic system. I would have to say they did win more than they lost. It was designed to give you the opportunity to make 2 points a day. I do believe traders were able to do so. I personally never traded live, only sim.
At some point, Franz Shoar became the new moderator in the room. Things changed drastically at this point. While he was still calling the classic Times signals, he was also calling new "HP" 1 2 and 3 signals. These were basically supposed to be some "black box" combination of 13+ indicators. These always seemed to be countertrend moves, at times, scalps. He would often double and triple down on moves that had went against him and scale out at a smaller target to make his trade work. Well, one day the market trended for 1-2 days and it appeared he blew out months of gains, including holding overnight...
Later, after this mess, I believe it was claimed he was never really trading money, only a simulator. Perhaps someone can fill out in more detail what I have missed. I may review some of the screen caps to see what I can add to this post. It would be interesting to hear from anyone who might be currently using Traders International and or Franz's new venture Bullseye Traders.
I cannot say TI was all bad, if you wanted hand holding trading this was it. The course price was very high, that was bad for sure. I never did care for Franz and the confusion the HP signals brought to the table. There were constant times where Times signals were against HP signals sometimes having 4-5 signals in play at once, leaving people potentially confused.
In the end I always have to ask myself, if someone is good enough to make a living, why would they need the income from teaching and chat rooms? I understand the concept of passive income, but can't we all assume at some point the trader no longer needs to deal with risk and just makes the money from the website and courses and chat rooms?
I see Pristine (Greg Capra) is on the list. As stated before, many of their methods revolve around price action, how can this be a scam? Does anyone have new information on Pristine, because aside from Velez and VCM, I am not sure that they are all bad.
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I would like to read that. What was it all about?
I reviewed some of my screen recordings and notes. It appears Franz wanted to ban me from the room and get me a refund for questioning his trades which had no relevance to the TIMES signals. I never did get that refund either.
Well apparently , if I remember correctly, after much hype it was discovered his incredible profit record was based on a demo account.
It seems some of the bigger traders in the market , who happened to be ET members, called him out saying they would have noticed the huge size he was allegedly doing.
It seems some of the bigger traders in the market , who happened to be ET members, called him out saying they would have noticed the huge size he was allegedly doing.