A list of all scam unregulated 3rd party educational vendors

If somebody can't provide you with independently verified track record of their own trading (e.g. on myfxbook) you can be sure with 99% accuracy they are scammers. I am yet to see one trading "educator" who can do it. All other testimonials, reviews etc. is BS written by scammers themselves or delusional wannabe traders who are yet to experience realities of the market.
 
Avoid this Vendor:
Daytradetowin TradeScalper (John Paul) Scam

I purchased the DaytradetowinTradeScalper software and methods (90 page manual) and I would highly recommend you AVOID this company and save your money. The TradeScalper system which cost me $597.00 is complete garbage...I traded it for 30 days and backtested it's recommended 3 tick 6 tick stop loss with no success as more than 80% of trades trades taken were losses. My backtest trading the ES emini (3 tick profit target, 6 tick stop) RESULTED IN 1097 LOSING TRADES and only 37 winning trades (based off daytrade signals provided 7 am – 3 pm). This is definitely the worst investment I have ever made. I’m just glad I didn’t purchase the more expensive system (The Atlas Line system) that this SCAM COMPANY tries to peddle. The Daytradetowin Tradescalper software and methodology is a complete scam based on my experience (real time trades and backtest trades) Save yourself $597 and avoid this vendor.
 
Saw this on the local Craigslist and had to add it..... For a mere 4,000 dollars this guy will show you the "Forex oil business"
http://nashville.craigslist.org/fns/5716509836.html

I will show you how trading the Oil market from home will make you very wealthy and the best part about this is that you will actually make money! Now let me share with you what I have to offer you.

First off I have broken the code to all Forex markets. Yes broken the code meaning I know exactly what way the market will go for and how many ticks you will get out of that trade. Still with me? What if I told you that I have discovered that the Oil market is completely controlled by a computer and I know the code. Oh I see now half of you have just left this post thinking I have lost my mind and there is know way this is real.

Well let me tell you for those that are still with me here I can show you 100% without a shadow of doubt what I am telling you is the truth. How can I say that? because I will show you live in person at my office while the market is trading the proof that this market is 100% rigged and I know the Code.

You really think I could make this up? If so then I do not have time to waist with you because even if I told you the sky is Blue you would argue that it`s not. If you want to change your entire financial future and you want to see my method I will show you like I said in person LIVE so you can make up your own mind. If you are not 100% convinced after seeing the undisputed truth then you do not pay me a dime, we part ways. If you do then I am asking for a fee of $4000 and it will be the best investment you have ever made into your financial future ever. I made over $17K just last week and I can show you exactly how I did it knowing the Code!
 
Rafal said:
If somebody can't provide you with independently verified track record of their own trading (e.g. on myfxbook) you can be sure with 99% accuracy they are scammers. I am yet to see one trading "educator" who can do it. All other testimonials, reviews etc. is BS written by scammers themselves or delusional wannabe traders who are yet to experience realities of the market.
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Generally, a good point. There is more than one way to be a legitimate teacher, but the more evidence you can provide you can trade (even on a simulator) the better. Most of these trading geniuses cannot trade successfully even on a simulator. Or, at least, there is hardly any evidence that they can.

Now, here's one good example:

https://tradingloonies.wordpress.com/2013/03/01/a-trading-genius-is-born/

Yep, this guy claims to be a trading genius via his PR agency and has been a trading "teacher" for at least 2 decades with no evidence of trading prowess of any kind. No other bogus business would be able to survive that long except for businesses based on the public greed and stupidity.
 
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