A list of all scam unregulated 3rd party educational vendors

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

  1. Greg88

    Greg88

    Hi everyone,
    I spent there at Puretick.com .
    I 've posted this elsewhere- no need to repeat.
    Yes, some of the things posted about them as a negative
    is true: obnoxious, high pressure, not exactly true fills.
    Ok. nuff said.
    I personally had a good experience there. Dropped out only
    because of current work demands.
    Ok, nuff said.

    Hey can anyone tell me about worthwhile sites that are not on this list ?
    I ask this only to be positive, and I am focusing in a pos. direction only ? As I am only trading part-time now. Love to get back into it - full time.

    Please post a list of worthwhile vendors, trading rooms.
    I look forward to your replies.
    Let's drop the chat about Puretick.com - enough has been said- let's move on.
    Big traders will want to move on..
    Thank you,
    G.
     
    #611     Dec 15, 2011
  2. You can check out Covestor.com for real money stock trades with 180 models to choose from, or you can wade through collective2.com and pick the next bit of random outperformance by people who have a habit of starting new systems under different aliases just to have their bad systems implode while keeping their good performing ones in front of investor's faces.

    C2 and Covestor are the only sites you should pay any attention to, because they are as real as it possibly gets.
     
    #612     Dec 15, 2011
  3. So continuing to deny this is an excellent track record:

    http://covestor.com/timothy-sykes/contra-hype

    Doesn't make sense, because it is a great system and if people are subscribing to his alerts outside of Covestor then they probably can short whatever he recommends, or else they wouldn't subscribe in the first place.

    Much of what I understand about his methods is only by his equity curve, and even though Covestor doesn't allow IB to place trades that are outside of market capitalization constaints I'd say he knows what the hell he's doing, and anybody who subscribes probably finds brokers that'll let them trade his alerts, again, or else no one would subscribe, and he's not a broker or IA so if you subscribe and find you can't follow his trades then switch brokers. IB definitely handles his trades well, and I would say anybody subscribing to him or his model will quickly figure out if it's worth subscribing, and that isn't any different for anybody putting out newsletters while having a 3rd party verify an actual track record of those recommendations.

    All thumbs up to him, and even though you believe he's perpetuating a scam the inability to follow his trades is not a consideration to claim fraud because otherwise nobody would subscribe or follow his lead.

    Think about that, emg.
     
    #613     Dec 15, 2011
  4. Greg88

    Greg88

    Thanks for your input.
    I will add this to my list.
    Let's have more positive sites.
    Tim Sykes - is a scam. No broker will let
    you short penny stocks; Unless you are a
    broker, that is underwriting that very stock.
    An experienced trader can see quickly
    through Tim's blurb on his website.
    He's just hooking in gullible investors.
    Thanks for contributing.
    Cheers,
    G.
     
    #614     Dec 15, 2011
  5. If IB won't let you short penny stocks, I have news for you: Yes, they will!

    Every broker who wants commission, (think about how many who don't), must do anything an investor submits to them.

    You can do his trades, but he has first mover advantage as a leader, but that's like with every newsletter but rarely does that newsletter have a 111% return in the past 3 years verified by Covestor.
     
    #615     Dec 15, 2011
  6. Greg88

    Greg88

    Sorry to mislead you Bwolinsky. Agreed penny stocks can be shorted,
    but- not all. It depends on many issues .
    You're playing with fire on thinly traded stocks, too easy to
    manipulate the price. Not my style.
    I'm more of a futures day trader- no long holds.
    I'm interested in contributing positive thoughts- so, I
    don't suggest penny stocks for heavy investing- too many
    failures happen with them. Fwiw.
    Cheers,
    G.
     
    #616     Dec 15, 2011
  7. emg

    emg

    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
    rs of houston
    PureTick
     
    Last edited by a moderator: Nov 26, 2019
    #617     Dec 19, 2011
  8. Greg88

    Greg88

    Hi Emg,
    I guess the above list is the scam list ?

    Could you post a title of scam list, just so people won't think
    you're recommending the sites on that list.
    fwiw.
    Thanks for all,
    Greg
    ***
     
    #618     Dec 19, 2011
  9. Frits

    Frits

    Been a while since I visited this forum. Been busy trading and celebrating the holidays.

    Good to see that the list is still going strong! Concerning the Rockwell Trading scam, there is actual proof in writing from a rockwell trading insider (an Infinity Futures employee) that the "powerful daytrading strategies" rockwell trading sells are completely worthless. Besides that Markus Heitkoetter (CEO rockwell trading) is now handling client support at infinity futures. Isn't that hilarious haha!!

    You can read al about this and more on:
    www.rockwelltradingscam.wordpress.com

    Enjoy and keep up the good work guys!

    Shaka :cool: ,

    Frits
     
    #619     Jan 8, 2012
  10. BuyDell

    BuyDell

    I see that there are many "scams" ....God knows I've been to a lot of them....It usually doesnt take me long to figure the con or scam. You guys did a great job of listing them..

    But on the other side...Is there a list of endorsed sites...? There must be a few around ....Right...?
     
    #620     Jan 15, 2012