KingfishTraders

Quote from tomhaden:

Here are a dozen trading scams that come to mind (in no order of priority)

kingfishtraders.com - KingFish Day Trading Program
trendfund.com - Waxie
tradingmarkets.com - Too many to list, see TradersGalleria Homepage
wizetrade.com - Wizetrade
4xmadeeasy.com - 4X Made Easy
traderscoach.com - Applied Reality Trading Course
coiledmarkets.com - CM emini-ATM Method
ablesys.com - eASCTrend
tradersinternational.com - TIMES Course
rsofhouston.com - Home Study Course
pristine.com - Pristine Method
changewave.com - Tobin Smith

And I can go on and on and on.

Please add to the list to help the newbie members.

How about?

tradingzoo.com

falcondaytraders.com

bullsyeyetraders.com

If these have already been mentioned in this thread I am sorry because I did not read the whole thread yet.
 
Quote from austinp:

<b>tomhaden,</b>

Not once has a method spinner = junkie ever said, <i>"Austin, to be honest the problem really is me. When it's all boiled down, I had the wrong expectations for success. Thought I could spend x-amount of money and learn how to trade in mindless, A-B-C fashion."

"I thought paying for information would let me circumvent the need to master my own emotional control. I tried each approach for a few days = weeks, but insisted on trading real money from day one. I didn't use good money management. I cannot control my own emotions, which compel me to take too many trades, not enough trades and the wrong trades."

"I cannot help adding in my own previous poor experiences = baggage to each new attempt. To be honest Austin, I'm an emotional wreckage in need of a rest."</i>

/B]


Actually that was gist of what I wrote to you 2 or 3 years ago when I enrolled. :) Its a vicious circle the punters want set ups the vendors offer what the punters want. (There is a post in the psychology section from PureTick saying much the same though they still focus on set ups and calls).

I still search for someone to help sort me out knowing that I really have to do it myself. Actually I just need some one to kick me up the arse when discipline lapses (I guess the odd pat on the back when its done well too).

The search within continues in earnest. The search without goes on but I don't really expect much. Perhaps a prop firm? I dunno.
 
What actually determines a trading scam? It seems that anybody that has a product or service dealing with trading that has a price tag associated with it could be considered a scam.

LB
 
Quote from hyper:

I CHALLENGE ANYONE TO BRING YOUR SYSTEM, YOUR INDICATORS OR WHATEVER YOU HAVE TO THE KINGFISH ROOM AND CALL YOUR TRADES AGAINST KINGFISH'S TRADES, THEN DOCUMENT YOUR TRADES AGAINST KINGFISH'S TRADES FOR 1 DAY 1 WEEK, 1 MONTH OR 1 YEAR AND SEE WHO CAN CALL THE BEST TRADES...
EVERYONE HAS A BIG MOUTH WITH TALKING GARBAGE ...PUT UP OR SHUT UP!
WILL THE KINGFISH SYSTEM WORK FOR EVERYONE ...NO WAY. WILL ANY SYSTEM WORK FOR EVERYONE...NO WAY
YOU HAVE TO MASTER A SYSTEM THAT WORKS AND FITS YOUR TRADING STYLE OR PERSONALITY.
SO ALL YOU TRASH TALKERS...HERE IS YOUR CHALLENGE....PUT UP OR SHUT UP!!!
THE CHALLENGE IS OPEN TO GURU'S, EXPERTS, PALTALK ROOMS WITH 300 MEMBERS, LARRY WILLIAMS, OR ANYONE...SHOW EVERYONE WHAT YOU GOT!!!!

The caps speak volumes Bud.

So hear is my question.
If we come into the Queenfisher's room,
one,
will he LET us call out trades without him throwing us out, blocking us or going off into one of his drunken rants . . .
and two,
if we show him up will he close him PalTalk room forever and disappear to his little larceny hideaway in Costa Rica, never to be heard from again?

If the Queen can answer yes to both of those questions, personally and without the rude caps . . . I'm up for the challenge and I will even throw in $10K fun money for him to match where the winner gets the pot.

I sat threw 4 free trials in his room, at different times with different usernames and can comfortably say they were some of the most entertaining times I've had trading. Not from a trading standpoint but definitely comical. Someone told me to sit in and not say anything and I did . . . what an eye-opener.
 
Kingfish is a total scam. And he is one of the worst salesman I've ever seen. He had an add in the local paper in Winter Haven, FL about 1 yr ago. So I went.

He says he's never had a losing month but refuses to offer any P&L stmts or anything showing so. He showed me his trading room, it had like 10-12 screens all ghetto rigged together on a beat up desk. Then he had pics of his house in Belize basically showing how successful he was. He also stated how he had a Viper but got drunk and totalled it.

His shop has been closed down for awhile, no idea where he went. But if you think he'll guide you to financial freedom, I got a bridge in Brooklyn I'll sell ya!!
 
Quote from drase:

Kingfish is a total scam. And he is one of the worst salesman I've ever seen. He had an add in the local paper in Winter Haven, FL about 1 yr ago. So I went.

He says he's never had a losing month but refuses to offer any P&L stmts or anything showing so. He showed me his trading room, it had like 10-12 screens all ghetto rigged together on a beat up desk. Then he had pics of his house in Belize basically showing how successful he was. He also stated how he had a Viper but got drunk and totalled it.

His shop has been closed down for awhile, no idea where he went. But if you think he'll guide you to financial freedom, I got a bridge in Brooklyn I'll sell ya!!

He sold his home on eBay in Belize for a $300,000 loss. Here's the link:

http://cgi.ebay.com/The-Finest-Mans...884289&_trksid=p3286.c0.m14&_trkparms=72:1240|66%3A2|65%3A12|39%3A1|240%3A1307|301%3A1|293%3A1|294%3A50
 
Quote from ProfLogic:

He sold his home on eBay in Belize for a $300,000 loss. Here's the link:

http://cgi.ebay.com/The-Finest-Mans...hrooms? What is in the other 16,000 sq ft?
 
Quote from Kevin Schmit:

4 bedrooms and 2.5 bathrooms?

What is in the other 16,000 sq ft?

There's a ballrom on the property he converted into a teaching facility and the house has a lot of open spaces. It really is a nice home and property. Kingfish is just a drunk and a slim ball and didn't know how to maintain the house. He couldn't maintain his lifestyle trading and his reputation was killing his teaching income.

Whoever got it, got a great deal.
 
I have no idea how he ended up in little Winter Haven, FL. A friend of his was letting him use the office space.

I also remember I was sick and stayed home from work and entered his chat room. Someone said something to him, and he responded by trying to be cool by saying "Don't piss in the wind, don't pull Superman's cape, and don't mess with Kingfish"!!! BAHAHAHAHA. It was embarassing it was so cheesy!
 
Back
Top