A list of all scam unregulated 3rd party educational vendors

Discussion in 'Educational Resources' started by emg, Dec 15, 2010.

  1. SteveH

    SteveH

    They all hide behind the name "educational service" and point to the SEC's rules on not being able to give specific advice in real-time. Well, why aren't ALL of them registered CTA's then? That removes this restriction.

    Being a CTA doesn't make you a better trader. You certainly are allowed to legally give bad advice. However, it does open you to fraud prosecution if you advise one thing and do another.
     
    #1011     Mar 20, 2015
    CSEtrader likes this.
  2. Yeah if they cannot show their results, No matter who they are or how long they have been trading, its a BIG red flag
     
    #1012     Mar 21, 2015
  3. This thread interests me because I have begun publishing reviews of futures trading systems over the past few months. Most simply, it is a practical question -- can you make money trading by using the system? It doesn't really matter what the site publishes or doesn't publish.
     
    #1013     Apr 3, 2015
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    #1014     Jul 26, 2015
  5. #1015     Jul 26, 2015
  6. OMoney

    OMoney


    BlazTrader, You must be just as gullible as when Velez ripped you off to be still taking Oliver Velez word as fact for anything. Velez was fired and thrown out of Pristine many years ago. The lawsuit almost sounded like a replay of what he did at VCM. Taking money, strip clubs and trying to put it out of business.

    Like most, you never did any type of background check to see who he was and you didn't check now to see if what you posted from him was the truth either.. Velez never worked at a hedge fund, and he was never a Nasdaq market maker. You talk about velez in a negative way, but then quote him as if anything out of that mouth is to be believed. Do some homework net time. Has velez fled to Columbia and a one man operation?
     
    #1016     Jul 27, 2015
  7. I guess you are right, Trust velez is obviously not the way to go, But pristine is no more anyway now, I heard T3live purchased them and it is going to be official soon. Wonder what they do to their current subscribers, Is the room going to remain as it is or is it going to merge into T3 room. Because t3 is very particular about their brand and they dont even let their prop traders be part of any other trading room which is ridiculous.

    Found this image floating around on twitter,
    http://s1.postimg.org/ier9ah0dr/image.jpg

    so looks like oliver did infact own piece of pristine and has now sold it to make the deal happen, The same t3 deal i heard other people talk about, so it confirms it, Even Greg capra confirmed this.

    I guess its for the good as their community and the trading room was dying and losing interest anyway
     
    #1017     Jul 27, 2015
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    #1018     Jul 31, 2015
  9. tandh

    tandh

    There is no restriction against giving advice in real time, unless they are a registered broker, which they are not. If you're not registered with the SEC, then you are not regulated by the SEC. The reason they don't give real time calls, is because if they did, people would realize they don't make money trading.
     
    #1020     Aug 1, 2015