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 tradingstarpro.com
do you have any live person who comes forward and launch a charge that he/she is duped by woodie or woodiescci club....? if you do have any, pls allow them to present their personal complaint, K? if there is none coming forward on personal complaint.... then plse do remove woodies cci club from your blacklist asap, which is only fair and square, right?
No. Life is not fair and square. If you are a vendor you are in the list by default. Guilty unless proven innocent. This is not a court of law. This the Royal Spanish Inquisition for crap vendors and scumbags. Put coiledmarkets and austinp back in there, and also the known scamsters from Puretick. Also add RSofHouston and BreakthroughTrader in there.
Wow, my small paragraph case about Woodies CCI gets shouted over like that. Will other cases about wcci be subjected to this similarly? Keep that list going emg. Here's a link to a former moderator at wcci: http://trade-logger.blogspot.com/2008/03/update-on-my-involvement-with-woodies.html
from your link: Hello everyone, it's been a while since I've posted here and a lot of things changed in my life, but for the good I'm pleased to report. For the last 2 years I have been a moderator and full time trader within the Woodies CCI Club group. I have made the decision to leave that group 2 months ago after a number of revelations and truths have come to light about the system and about the leadership. First of all, after 2 years of full time trading with WCCI, I simply could not make the system work for me. I felt bad that I just wasn't good enough, etc. But as I spoke with many many former moderators and some long time supporters who were among Woodies' inside circle, they all confided that nobody that they have ever met could actually make money with Woodies CCI system. Now, of course in the club they'll just talk about me as another loser who quit and gave up. They say that about everybody who leaves, even high leadership. But one clear fact remains, I have yet to talk to anybody in leadership or former leadership there that has ever made any money with it. Fortunately TradeLogger indeed help me mitigate many thousands of dollars of losses, but despite it, the WCCI just doesn't work, even in auto-trading. For 2 years I was blinded to this because the mantra being taught in the group is always based on the principle of "Do not doubt", "Do not ask questions" and most importantly "Do Not Think"...just react. So you are taught to keeping on trading, even though you are losing...if you question it then it's just YOUR doubts that are betraying you keeping you from being a winner. It's a very typical brainwash methodology I've seen in religion and in Amway. Anyway, I couldn't continue to try to moderate and mentor people and contribute to providing false hope for those sincerely seeking a way. Every person that I was taught by in the club and respected have all left and have all confided in me that none of them every made any money. I also felt duped that I was promoting the Make-A-Wish charity so heavily, only to find out that no money for the last 3-4 years ever was donated. Profits from the seminars and tools that were so publicly touted as being slated for this charity never went. This information was verified by a former moderator hired by the group to write a book about WCCI to show them in a favorable light. After doing first hand investigations, he discovered that nothing was true that he had been told for many years. The group over there is really nothing more than a giant feeder site for the PFG Brokerage to sign up new accounts and start trading. Of course they make money if the trades are winners or losers so it works for them. Anyway, I wanted to clarify that I no longer have an affiliation with them and feel tremendously bad that I may have helped to perpetuate the illusion that the system worked and that charities that were promoted as a means to entice people to buy, but in fact were not beneficiaries. I didn't know about this at the time until after I left, but I wanted to apologize to anyone that may have listened to me and lost money in the club. You can find other information from many many other former leaders there posted at: Trader's Paradise. I do continue to use TradeLogger in my part time trading and find that I really do yield a benefit from drawdowns with it, and it will continue to always be free for all to use and benefit from.
You can add robwessels.com (or .nl if you like) to the list as well. He uses an averaging in method with overnight positions. Just like Robert Hoffman. It appears that he recently blew up his account with a loss of well over $300.000,-!! Well done Robert, mwoeahahaha!! Rob Wessels undermines the risks, exaggerates the earnings and charges you thousands of dollars for a crappy course. The course simply tells you that e.g. you go short. When the market goes against you you short another contract. When the market keeps going against you, you short another one, etc. When you are starting up with a $10000 dollar account and you are short e.g. 4 contracts at the end of the day + your loss you'll get a margin call and you're f*cked... Besides that I wouldn't have a goodnight of rest when I'm short 14 contracts in the ES for example. And that can go on for weeks/months untill eventually you'll have to take a loss just like Robert Hoffman did. But that's just a personal note. Since Robert Hoffman is the "highly sought-after trading room instructor" of tradethemarkets.com, what about them. Does anyone have experience with tradethemarkets.com? So robwessels.com can be added to the list! Shaka , Frits
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 tradingstarpro.com robwessels.com
I think the posts on this thread say enough about wcci and there is that other thread as well which EMG pointed out. I'm with you EMG, wcci stays on the list! A possible suicide, a fake "make a wish" foundation, and a connection to some guy that ran off with $20million... This wcci smells even worse than my grandma's stoma!! Why someone would even bother to take up for these scammers is a riddle to me, but I don't wanna know the answer. Too tired to hear all sorts of lame excuses from scammers and there henchmen. Shaka , Frits