Your very welcome Fritz. Thanks for starting this thread! I am still ticked off by those scams. I've lost money. This is probably the only way I can get some small consolation by reporting these scammers to other ET members. I'm kind of hesitant about relating what I heard about Woodies CCI directly here. It looked promising at first. Actually trying it was mixed success. Way too many false positives and losers. If one googles "Woodies CCI" or "woodies CCI controversy" or some chosen key words, one can see the old "news" about what happened with Woodies CCI. But wondering if emg heard the same..and why he put them on his list too. What I've learned from all this is only trust trading educators who you believe are trading for a living themselves. One can plainly see all the effort put into designing these websites and ads, and then ascertain where the money for their business is going into and where their revenue actually comes from..GL.
Thanks cloudy, but the honor of starting this thread goes to EMG ! I just did some searching and came accross a number of things involving woodies cci. There is a.o. something - that concerns a suicide of dr. Famir (lost his whole live coz of wcci) - about a scam that concerns handicapped children (make a wish foundation) - about some dude disappearing from the face of the earth with $20.000.000 investor money You can read some about it over here: http://tradersparadise.blogspot.com/2008/03/woodies-cci-club-and-very-sad-dayvery.html Well... That all sounds like a pretty reliable party to trade with !! By the way one of my contributions to this thread you can see over here: http://www.youtube.com/watch?v=JnWzBw7h1y0 Enjoy!
Thanks for the correction. Thanks emg for thread. I hope some of my list makes it on the main list.. A question about Larry Levin. Has someone reported their experience with Levin on ET? Wow Fritz, great video. You caught them good. Even the charts they showed looked scammy. No candlesticks. Just trading on hourly or daily bars? Inside/outside, bars hardly work. I got a refund for an "outside" bar on bollinger band system. http://10-minute-forex-wealth-builder.com/welcome.php The author was huffy saying it did work, but I showed him screenshots of all my demo trades which were all losers, and said ok, I give you your refund. And look at this, even an offer to be an affiliate selling the system lol: http://www.10-minute-forex-wealth-builder.com/affiliates.html Yes, that's what I read about WCCI. horrible. And get this, I found out somewhere if you check on the author of tradersparadise.com blog, he himself was caught and prosecuted for a $20 million ponzi fund scheme. It was on a local news report still on youtube somewhere. It showed the big gated mansion and luxury car he bought for himself and his wife and continuing to tell clients it was going well. He was jealous of WCCI's success at scamming, and he himself was a ponzi scammer too!
3stepislandtrader.com Dear Trader, Anyone can double or triple their profits on a $500 or $1,000 dollar trade. There's not too many of us who can do the same with $100,000.00 or $500,000.00, or even a small $10,000 account. How would you like it if you could make 100% to 200% or more every year? Obvious, this is a scam along with others: forex-trading-made-ez.com/ lmt-forex-formula.com/welcome.html topdogtrading.com
Updated List: Rockwell trading TraderInternational DayTradeToWin eMiniDayTrader.com nexgen priceactionroom.com eminitradingcourse.com blackjacktrader.com Millenium-Traders tradingonlinemadeeasy.com easyeminitrade.com vantagepointsoftwares.info winborntraders.com Mike Baghdady of Training Traders http://www.3minutetrader.com/alerts/ http://www.2stocktrading.com/index.php http://www.killingstocks.com/ bill duryea of ioamt.com Rhythm of the Markets Options Magic TradQuest Systems eminijunkie.com Dave Wright "Wave Rider/Trend Catcher" Bullseyetraders (Franz Shoar) ShadowTraders (not the TDAmeritrade) School of Trade SOT http://www.james16group.us/ http://www.neweratrader.com/ ktrader.com Oliver Velez and Greg Capra, founders of Pristine.com and Mastertrader.com,iFundTrader.com Woodies CCI Club Larry Levin Secrets of Traders ORDERFLOWANALYTICS.COM the Pro Trading LLC Richard Regan gorillagaps.com 3stepislandtrader.com forex-trading-made-ez.com/ lmt-forex-formula.com/welcome.html topdogtrading.com
Great job emg! List starts to look better every day !! And the search for scammers goes on... Me like!
Updated List Rockwell trading TraderInternational DayTradeToWin eMiniDayTrader.com nexgen priceactionroom.com eminitradingcourse.com blackjacktrader.com Millenium-Traders tradingonlinemadeeasy.com easyeminitrade.com vantagepointsoftwares.info winborntraders.com Mike Baghdady of Training Traders http://www.3minutetrader.com/alerts/ http://www.2stocktrading.com/index.php http://www.killingstocks.com/ bill duryea of ioamt.com Rhythm of the Markets Options Magic TradQuest Systems eminijunkie.com Dave Wright "Wave Rider/Trend Catcher" Bullseyetraders (Franz Shoar) ShadowTraders (not the TDAmeritrade) School of Trade SOT http://www.james16group.us/ http://www.neweratrader.com/ ktrader.com Oliver Velez and Greg Capra, founders of Pristine.com and Mastertrader.com,iFundTrader.com Woodies CCI Club Larry Levin Secrets of Traders ORDERFLOWANALYTICS.COM the Pro Trading LLC Richard Regan gorillagaps.com 3stepislandtrader.com forex-trading-made-ez.com/ lmt-forex-formula.com/welcome.html topdogtrading.com
Well good for me I only bought four of the above mentioned courses. Yeah, had to learn the hard way. One was a definite winner if you took ALL trades as given over time. The second - YUCK! Third one - chart was so cluttered it would take a NASA scientist to figure it out. Nope, won't tell you which four but the fourth of the above courses I fell for at the time had a money back guarantee and . . . I received a full refund! (I checked and don't see a guarantee on their site anymore - too many returns/refunds maybe?) So emg, thanks for your list, albeit a bit of a silly project - do you ever have time to trade?? Anybody with your number of posts must not have time to trade, just time to hurl stones like so many on ET. I know, I know I'll now be called a troll, a shill, etc, etc, blah blah blah and yet, I have nothing to sell nor promote! Maybe you truly feel you are doing a service, I don't know. If so then add Trading Authority and Triple Threat FX (both by Todd Brrown I believe) and whatever else he sells. Why? While I didn't buy his course(s) I attended one of his webinars. During his presentation I had set up his "proprietery" indicators on my charts and duplicated his almost exactly in about ten minutes. I wasn't trying to be a pain (OK maybe a bit) but I typed in to say his indicators were not proprietary and mentioned the indicators he used which all were available in public domain! He got a bit disgruntled because he knew the truth. So saved some big trading capital there. The only way to trade is learn over time, took me darn near four years and learn price action, which is a broad spectrum phrase because even price action can be different to different traders, but take the time to learn it as it works.
wcci, the old hustler is selling some 99 a month indicator. looks like the forums there are all but inactive. has the wood run out of chop?