A list of all scam unregulated 3rd party educational vendors

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

  1. A WEB REVIEW OF APIARY....

    beware....

    fellow traders....

    you are herely forewarned....
     
    #751     Mar 4, 2012
  2.  
    #752     Mar 4, 2012
  3. LAST but not the least importance among the 5 attachments is

    an actual email secured from one of the accepted students,

    who paid upfront cash, in spite of the company claims to do otherwise, in addition to everything else in terms of tuition and everything....

    read the content yourself.... WITH CAUTION, PLS.
     
    #753     Mar 4, 2012
  4. I would like to nominate Lucias for this list. Now that he has closed his journal I feel the need to record some of it for future generations to appreciate. Here is part 1 where he documents his failure at real money trading:

    This will document my path to success. As I feel I am the best in the world, I will be granted considerable freedom to make mistake but will be expected to produce to my highest performance.

    So, I will be starting at NADEX with a 3k account. I will be testing the concept of extreme leverage in an attempt to double or triple my account. Money means a lot to me. However, serving my abilities is more important and the only way to serve is to trade because the world is a fool.

    I almost always call the exact top and bottom ...

    I try to instill a little bit of controlled recklessness into my trading because I'm highly trained and know that I will make the best decision most of the time.

    I trade the S&P 500 index. I'm a specialist in it. I typically call entire market direction so it works well.

    One other thing, I'm trying to return 3x or 4x my initial capital. I'm a specialist in the S&P 500.

    I win all the time. I always win. But, that is what it takes to do what I do. I have to win all the time. So, part of me never feels comfortable because being great is being great every single day. It is winning every day. It is not about you did the past. I win everyday, and I'm expected to win everyday.

    Fortunately for me, I am one of the best at predicting those 1 to 3 day moves. I don't have time to trade on a smaller wavelength, at any rate.

    I've made about $150 the last 2 days trading the binaries with small position. However, as fate would have it, it called for me to placing a big bet. I'm risking $405 with a potential payout of $2045.

    I'm honestly not very confident. But, I'm highly trained and just do what I'm trained to do. At least one good thing is if I lose I'll only lose $150 of my base capital this week. So, that's a plus.

    But, traded well and I got out of some bad positions well. I did serve. And, I'm one of the best. I need to increase my focus.

    I wanted to instill a sense of recklessness into my work. I think that is important. It is a controlled recklessness. I imagine I'm trading at a large bank with a large capital base. I'm trying to win. But, I'm really not and so that has be to measured with balance. A lot of people lose money and then they trade themselves into a ditch they can't get out. That's not the type of recklessness that I want to develop. The recklessness I want to develop is a skilled recklessness.

    A lot of what I do is about tension.. it is about the dynamics between forces. It is about listening to those dynamics.

    Available Capital: $4,131.80

    I feel pretty good about that.

    Available Capital: $ 3791

    I'm happy that I had a bit of struggle first starting because I rarely lose and frankly because I always win then I wonder how will I handle losing?

    I can make more money trading then I can selling calls or ebooks or whatever else.

    Available Capital: $5,380

    Available Capital: $4,842

    I've had a lot going on in my life outside of trading. My losing streak is enough to capture my attention but not enough to be clearly abnormal.

    Available Capital: $4,581

    I'm on a bit of a losing streak. I think a lot of my losses can be attributed to reversal days and trend day failures.

    Available Capital: $4,342

    Very rough losing streak..

    Available Capital: $4,280.38

    Brutal... I was right on the move but decided to use a limit order instead of market. I always use market order but with 5 losses in a row then I decided to need to pick my spots better. I never got filled until the rebound and took a small loss.

    I don't want to become over confident. Keep an eye on risk and also on adding some additional strategies. I'm already an expert on the ES but need new strategies.

    I have been in profit almost the entire length of this thread, I had around $250 of profits left over after my down turn. I made another $1000+ profits this past week or so.

    Net Profit P&L:+$491
    P&L: +$332

    Progress report:
    It's been approximately 4 months since I started this journal. My model account has been approximately $3,000. Due to they moved my account and non market expenses, I actually have less in the account.

    What it is, what it is

    At peak, I was up $1500 net
    Currently, I'm up $430
    P&L: +$360

    Poor trading. maybe need to end this journal if its hurting my performance

    The real problem is I used to the master of the market. Now, I struggle...The deal was that I'd never mention it. Now, I spend more energy thinking about why I'm not recognized.. why I don't have more followers.. etc...Where are the crowds? Where are the cheering crowds when I'm winning?

    Being in a state of Flow with a connection to the Source is most important to me. That is really what I want.

    Trading for me has always been about 2 ideas. One is developing a connection to the Source, the source of creativity and energy. The other was about self improvement through technology, i.e Cyborganism. I need to get back to these central tenants.

    Coach:
    I want to get yourself physically strong. And, something else. you need a mental edge. Something to brighten your a mind. I have something for you.

    Me:
    You're not a telemarketing vitamin seller?

    Coach:
    No, I'm going to put you back on a powerful nootropic. It's called Creatine. It will brighten your memory. just a bit.

    Me:
    Does that mean brighten good and darken the bad?

    Coach:
    Yes, we're going just going to raise the intensity a bit of your mind. That means more good and more bad. But, you need it. You need energy and it will help with the getting strong.

    Coach:
    Tell me more about this idea of service that you have. What exactly is the source?

    Me:
    Of course, I can't share my most proprietary knowledge in public. Who knows what the source is? It is energy. It could be dopamine. It was once called nature. And then there are more esoteric ideas. It is power but has limitations.

    Coach:
    Right and how do you develop that connection to it?

    Me:
    Getting into flow is a big part of that. Flow is the interaction with the source. It is a good question how to get the connection to it. I find that keeping an open mind helps. Music helps. It helps to be selfless. It is a wonderful feeling. Flow is all about making connections. It is making connections from A to B to C to D and all at the same time. One other thing because the mind is always processing data, one has to reduce the noise to get too it. We process everything that we come into contact with, so we must be careful to restrict what gets processed.

    I'm already producing significant returns: at my peak I was 150% on actual capital in account and 50% on the model account. I'm still up nearly 30% on the capital in the account and the year is not over.

    I want talk about some of the factors that have made me successful.

    And, two of the biggest factors would be:

    Self honesty
    Learning from my mistakes or self correction

    Crushed.. went from a huge winning day to what will be a large losing day. It should have been a small losing day at worst. I may have to take a break after today for a few weeks. From peak equity, I will lose $400-$500 today.

    Net P&L: $130

    Goal Review:

    The good news, I did many things I thought were impossible:

    Return 50% on account
    Return 150% on capital
    Take every trade that I've put in my sim accounts with real money
    Not blow out trading at 30x-40x leverage
    Keep my account above break even most entire time

    The bad:
    Total return is 4%
    Gave back most of my profits. My strongest skill is not giving back profits.

    NET P&L: $71

    Probably went negative today. I can't pull up my account information.

    Frustration level is running higher then usual. I'm estimating that I'm down about $200 but may it will be less if things turn around today.

    Very frustrated.. after my good luck run with scalping. I've been losing, losing on it. The worst/best part is I can predict the market. It is very frustrating because I'm extremely good at what I do-- just unreal good. And, it seems I'm on this path to try return more and more because I can't get the capital. But the more I try to do.. it just seems I'm not getting anything for it. And I could be making money just doing what I do.

    My prediction abilities probably return 30% to 100% with reasonable risk. My trading strategies can do 50% to 100% with high risk. These are great returns. I'm already better then many professionals I know.

    Predictions have been extremely strong. Sharing my work with my interested backer has really helped to get my work back to my normal form. I think I've predicted every move in the market correctly for the last 2 weeks!

    My primary objective is to tighten up my trades and to increase my leverage. While I've made some progress, it has proved rather difficult.

    The difference is that with my current ability I can return 30% to 200% per year with good risk/adjusted metrics. But, I'm trying to do more.

    I've been at this for over 7 years. For over about 5 years, I've been winning. Indeed, I am one of the best in the world, if not the best at what I do.
     
    #754     Mar 4, 2012
  5. Lucias Part 2. This is all after he stopped trading real money. In Part 3 I'll post his products. He gradually starts pumping them in his journal.

    I predict the market well in advance. As for evidence, there isn't a whole lot. I emailed my original record to a prominent scientist and former long term friend. However, my abilities infuriated him and ended our friendship.

    As I noted, I have convinced a new investor that I can predict the market. However, I am having difficulty trading in a way that allows me to leverage beyond 1:1 to 4:1 returns. Likewise, my current abilities are more in the hedge fund space then the proprietary space.

    *************************************************
    Anyway, I'm very tired of talking about my abilities. So, I'm finished with that discussion.

    *************************************************
    There is nobody at Goldman Sachs, at Tudor Investments, at EliteTrader who has my abilities. Nobody and if you question it then come up with the money for the contest and we'll put to the test. Come on Bone. Come on you vendor losers like you know who are scum. Challenge me. Challenge me to trade in my arena with risk controls. Challenge me in my house.. let the Kings come out and Challenge me. Challenge me. You don't wanttododthat.

    My predictions have been extremely strong in the current market. I've won my last 6 or 7 predictions in a row. I've shared them all in advance with my interested backer.

    Well, I'm thinking of quitting. I hit about 7 winners in a row recently. But, I can't get funding. I've tried every way I can think of: saving for years, asking friends and family, and unorthodox means.

    My advice for those who want to get started in trading: DONT.

    The only reason I even bothered was because at my best at it. My success certainly isn't guaranteed but it becomes more and more probable every day. Even still, the cost is very high.

    I see the entire market like a landscape. I'm in the watch tower. Seeing everything. Everything. Nobody makes a move in my market without my knowledge. This my market. This is my house.

    My "savant ability" is calling direction without with any structural edge.

    I want to discuss a bit about my ego. One thing is that when you're really good at good at something and everyone says your not. I mean not just jokers on EliteTrader but people you respect and look up too. I mean the people who should know better then you get to a point where you see a truth that no one else does. It takes an incredibly strong mind to continue to see that truth without going crazy. I mean this dynamic is what drives people crazy.

    My methods are too complex to describe.

    I want to share a little about what I feel makes a great trader and for that I just basically introspect myself.

    I want to share more about what I do. First, I strongly believe that I've an incredible ability to trade and call the market. If "guru status" was based on ability then I'd be you a popular guru... I'm not and don't want to be. However, I would like to have a trade room where I call my trades. This would not be for anyone benefit but to myself though because I'm always working on my game, thinking about it, trying to get it to next level.

    Everything in this world is working to kill you..to break you down.. eat you. Digest you. It takes a strong mind to stay sane. To look out at the world and recognize that you're the only sane one and the world is crazy. If you learn that then you've learned everything you need to know about psychology. Every form of mental illness is the result of one refusing to reject the insanity of the world.. its a weakness and weakness is sickness.

    I'd rather have my abilities then work for any hedge fund on Earth.

    Of course, I'm not really a vendor in the way of most big name vendors. I strive to be great at what I do best -- predicting the market -- and not selling stuff.

    There are several reasons I won't make calls. First, I really value winning and if I make a call then I have to be proven right or wrong and until that time then I will be upset. Second, if I make a call then I have to risk something on it which means money or performance. Third, I like all my calls to be tracked as accurately as possible which is not possible in a forum format. So in essence, if I made a call then I'd have to go and place the trade on C2 anyway. I have no need or desire to prove anything to anyone. I'm way beyond that. Winning all the time for me is fairly normal.

    Then there is brilliance.. One of my projects was to create a stop that would not get hit. This was my best effort in creating some level that most accurately that would not be hit and it indeed is the most accurate level I was able to come up with. It tends to be too far away to be terribly useful as a stop. And, the best way I used this has been to target this on what I call "stop hit days" which I've predicted to a high degree and that's the brilliance. So, I'm taking something that is almost a non possibility and then turning it into a high possibility.

    Yes, there is brilliance but I can't depend on brilliance. I need to, also, be able to hit singles when I lack brilliance. I don't want to depend on being brilliant for my success. I don't think I have too, either.

    So, it is a delicate game that I'm playing because in trying to take my "game" to the next level I risk somehow losing sight of my strengths. And while I toil to learn more about the market and develop new systems, I recognize that it wasn't required for my previous successes.

    Thanks for the interest. My methods are proprietary, complex, and multifaceted. It doesn't mean it is a secret unknown to all but unknown to many, yes likely. Given that you've been pretty nice, I'll share a few things.

    In one sense, I'm a local in that I trade the same market every single day.

    My first thought is that I'm just thankful for my abilities. Maybe, I have I do think highly, rightfully, of my abilities. But, yes, I think at the end of the day I'm just thankful. Blessed.

    This post is on reality. When I speak highly of myself, you will notice it is generally clear, rather precise, rather narrow and that's truthful. You have to be truthful as a trader.

    Coach is me. He's my self-coach. I'm consistently profitable and so yes coach is consistently profitable too. I use self-coaching as a tool.



    :D :D
     
    #755     Mar 4, 2012
  6. damn....baggerlord you just ripped Lucias a new one......


    sounds like he might be posting from an insane asylum somewhere..
     
    #756     Mar 5, 2012
  7. dietsoda

    dietsoda




    Good for him, if he got taken advantage of he should expose the scam. The regulators are all over and want info to save the people, most of these guys are just like a thief in these cases without the gun and well dressed. Their 44 isn't loaded with bullets it's loaded with BS
     
    #757     Mar 5, 2012
  8. emg

    emg

    Not enough info to add lucias on the list, although, he is headed toward that path.
     
    #758     Mar 5, 2012
  9. 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 elitetraders.nl
    rs of houston
    PureTick
    bootcamp.renegadetrader.com mark deaton
     
    Last edited by a moderator: Nov 26, 2019
    #759     Mar 8, 2012
    Ironplates likes this.
  10. #760     Mar 15, 2012