Please add MissTrade to the list. Here is my argument as to why he should be included in the list of vendors that are not to be trusted. http://yournewmonkey.com/2013/12/21/proof-of-misstrades-deception/ Thank You
Michael Boulter (BM) is in a world of deep shit for conspiring with some programmer named James Stone who tried unsuccessfully to extort money from AMP. By the looks of the complaint filed by AMP, James Stone hooked up with Michael Boulter to use the forum to shit on AMP and then sent AMP's CEO warnings about bad press if he didn't pony up $65K. Michael Boulter apparently was looking for revenge against AMP because they threatened to sue him in the past for libel and he allowed this con artist to do his dirty work on the forum. One has to wonder if Michael Boulter wasn't in on the plan to get a piece of the money James stone was threatening AMP for. After all, we know Boulter lost his money and wife to trading. And speaking of rich, Boulter has set up a legal defense contribution box on his website, asking his members to help foot the legal bill. He must think these members worship him.
What are all those people that their money was stolen by Oliver velez of Ifundtraders formally Velez Capital management VCM / Team Trading and Charlie Vacarro are doing? Does nothing happen when people are ripped off?
I disagree. There is nothing about MA crossovers that is worth $500. And they could serve as a distraction to prevent a trader from ever learning how to meaningfully measure or just detect real trends and avoid false ones.
Good post, bro! And may I remind everyone that I anticipated "a clusterfuck of lawsuits" to head Big Mike's way almost 6 months ago on this very forum? Let's call it a good start. It's good indeed. Here is a link to this: http://www.elitetrader.com/vb/showthread.php?p=3875561#post3875561 I am really not shocked by that, but how much he is to blame is better left to the court of law. I don't want to speculate here, though I am glad to see that someone is finally doing what many should have done a long time ago had they had the guts or time/money because that can be a costly business and only a bigger company can afford it. I intend to revisit the other thread. I hope it stays open for a while. I don't come here that often.
You are showing your true colors of a crackpot and apologist for rip-off artists, the worst of whom is your beloved Big Mike, the greedy loser who charges $100 for free indicators. Now, that's some generosity, "fundamentally different" from anything I have seen in this business. Sheesh ...