falcondaytraders

In case anybody is really interested in
trading and a good way how to learn it she/he should have a look into this thread

http://www.elitetrader.com/vb/showthread.php?s=&postid=1710668#post1710668

 

I am gratified that when i Google Falcondaytraders...this forum is prominent.

For kicks I went to peruse the Falcon site and I thought what I was reading was a Saturday Night Live spoof.


Some of the claims that are made about the falcon system are hysterical...Falcon boosts of the "systems" "simplicity"... No matter what your intelligent quotient is ...there is nothing SIMPLE about it...On this thread one of the posters admitted he was taking the course for the third time.. There are people there for nearly 2 years and admit they " still don't get it".....that is how simple it is!!!!

"Uncluttered view" of the markets...Can anyone claim the charts Blue posts are UNCLUTTERED???. There is virtually no free space on that chart once blue is finished marking it up with every trendline that can possibly be found and then his fabled elliot wave annotations and moving averages of every denomination... it is about as uncluttered as a Jackson Pollack canvas !!!

This is the funniest claim...better than 85% winning percentage....91% win rate for 6 months.." the worst month produced...86% winners". !!!

Let's see...90% better win percentage...simple...uncluttered...should be lots of very successful traders at Falcon...WHERE ARE THEY?????

I have been there...I have heard it...I have seen it...and NONE of them that trade this system can make a dime!!!...and that includes the high exalted lowlife himself!!!

Every claim on that site is a pack of lies, and if you want more lies you will get them and a lot more if you fork over 7k to this scam artist supreme. Do you get the picture? I hope for your own sake you do.

 

"The only thing members have expertise in is taking the WRONG SIGNALS...how do we know they are wrong?.. because after you get stopped out His Blueness will tell you.."NO NO you didn't have the "context right".... "NO NO it is the wrong time of day...No No it is Wednesday...No NO the alligator's hindquarters were akimbo...No no your mindset is misalignment....No no besides the fibonaccithingamajig was in opposition to the Andrew's spatula ...and next time sing a chorus of Swanee before you pull the trigger if you are going long...Short requires a different tune... try "When you wish upon a Star"....UNWARD AND UNWARD MY FRIENDS!!!!"

this is funniest post yet ...

looks like there is abundance of easy prey in this business

 

It would be funny kayak if it were not true. I dont know if you are a member of the Blue death trap, but people in here have sent him money they did not have to lose. It is a shame that the room can not see this post. There are people in there that feel it is there fault that they can not get this to work. It is not them it is this bullshit system.

The more i speak to people the more i see how much he is hurting them. Always why it did not work, not that he sucks you just dont want it bad enough. What kind of a man would do this in front of his son. I understand his son comes on here and yells his father is the best and the greatest, and he should but he does not know any better. The other day i spoke to someone in the room that said he could not get this to work. He said there are a few that said they were doing very well. I told him to ask them to sit and trade with him step by step. How hard could this be, your on the phone and you say ok i am getting in here and out here.

They all have the same redicules reason, oh i cant while i am trading. How hard is this i am in and ok i am getting out now. That is very hard to do. You would have to be the dumbest person on earth not to be able to do that. There is one reason and one alone why these great traders wont do it, they cant.

The best part is he cant either. We need to find away for the whole room to see this. The reason is not to hurt big blue, it is so all these people can know it is not them. This system sucks and can not work, think about it all those numbers how can you not hit one. What a joke you are. I hope you pray to god because you need all the help you can find. When it is time to answer to him you better come up with something good for doing this.

You will have your new class because you need more money, so bleed some more people. You say i will give you three months of teaching to pull them in, then when there in oh it could take a year. It would take 100 years and they still wont get it. Why dont you trade for a living or you son. You must look at yourself and see the devil. Shame on you Blue.

 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Shame on me - I gave you the wrong link.

Lots to read but worthwhile for those who

really want to find a way.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=99283&perpage=6&pagenumber=891

 

This just found its way into my mailbox:

"I hope that the holidays finds you in good spirits and in good health.

I do regret to inform you that we will be postponing the next trial till the 25th of February, 2008. The purpose of our room is always to educate and bring success to those people that are making a commitment to be truly really great traders. At the beginning of this past year we had decided to form what we called a million dollar club in order set the lofty goal of of seeing how many members we could get to a million dollars over the course of the year through trading our system. At the years end we have found that 1 person has reached that goal and many many people well on their way earning $500 - $1500 a day trading. We want to spend some more time with those individuals that have just taken our recent October course making sure that they also reach this same level of success.

This is a very special program. There are very few programs, if any, that can deliver the such a strong trading methodology. We want to be able to share it with more people but we are looking forward to working more with our current family of traders. We know if you were a current member you would also appreciate this commitment as well.

Please email me if you have any questions or comments. Again Happy Holidays and all the best!

Blue Falcon"

 

The appropriate response to the above post is nonsense!!!

I don't believe for a minute that there is any one in that room trading "Blue's methodology" and making consistent profits. All of it bogus claims like the ones I outlined in a recent post about winning percentages of better than 90%!!!


Here is a challenge for any one in the room to ask his blueness. Do you trade your system Blue?...Does Kevin trade your system?


Of course they know better than to wager REAL money on "Blue's lifetime" insights on how the markets work.

If they don't trade it ..why are they forsaking the "opportunity " to make MILLIONS to teach again and again blue's incomprehensible amalgam of useless tripe?

Why?..because they care so much in helping people?... If you believe that than please send me $1.99... and i will tell you how you might lose 10lbs in a week eating nothing but strawberry shortcake 7 times a day!!!

They don't trade what they teach because they don't want to go broke and teaching the hopeful and naive is far more lucrative.

Is this not logical? If this logic is wrong please show me how.

Blue and his cohort son are not altruists dedicated to helping their fellowman...far from it !!! They are con artists ..grifters...crooks. That is what they are about and ripping off as many as they can lure into wiring them 7g's is what they are dedicated in doing. IT IS SIMPLE PEOPLE!!!!

 

He just wont stop even around christmas. I would like one of the great traders or The Great Blue to tell us once on here, what number out of the endless numbers on the page to do. Not giving away anything you teach, just tell us once before it happens witch one to trade. Not that the stars are not in a straight line or some sick pitch fork. This will not stop blue until you prove it works, and we all know it does not.

All the great trader in your room why cant they help the people in the room. Everyone has a mic. Just turn it on and say in and then out. That should be so easy for people make 50k a month. Why cant you just answer like a man. Why cant you or your top traders in the room do that. Dont post on here trying to make yourself look good. For once answer my question.

WHY CANT YOU, THE GREAT TRADERS OR YOUR SON TRADE ON AN OPEN MIC AND TEACH THESE POOR PEOPLE WHAT TO DO. JUST ANSWER THE QUESTION. I am sure if you ask anyone in the room if they would rather you teach or tell us when you are getting in and out they would all want that. Just ask and see what they say. The best way to learn is to watch the master at work. If you are so good show us If not stop doing this. OPEN MIC BLUE PROVE ME WRONG.

 

For those who don't know me, I was the administrator in Blue's room from it opened on January 11, 2006 - until I stepped down as administrator and left the room on January 17, 2007.
Blue used to accredit myself and Swamper as being instrumental and "responsible" for him opening the room.

Even though I was made aware of this thread shortly after it started, I did not plan to contribute. Up until now I have been very restrictive talking about my experiences with Blue. After all, each one of us is responsible for our own actions and choices in life. I would not volunteer any information regarding why I left Blue's room, and would only answer privately if a member asked me direct questions.

However, after hearing rumors that Blue recently had been trashing me in the FDT room - as well as to members privately, and after I now have been able to verify these rumors to be true (from several room members independently), circumstances have changed.
After having confronted Blue with this information, and the ensuing email exchange with Blue during these last two days, made me change my mind - and I reluctantly decided to clarify what happened regarding my departure from the FDT rooms:


When I read the postings on this site, I feel very sad and get a bad feeling in my stomach. I was Blue's staunchest supporter and defender for more than a year. During that time, I worked day and night trying to help Blue in the room, as well as outside the room. I spent countless hours working with Blue, and among many other things, I wrote the Education Manual for his teachings.

From some time in October -06 (after the teaching process for the first two classes were over), I started talking to Blue about "what was needed" for the members. So far, he had taught his METHODOLOGY (which is 50% of the teaching process), but he had not shown us HOW TO TRADE his Methodology (which is the other and more important 50% of the teaching process).
Blue promised to do this.

However, as time went by and Blue did not deliver on these promises, the membership grew more and more impatient, and complained to me. Complaining to Blue did not work, as he has his ways of shutting people down, intimidating them, making people feel stupid and inadequate, and talk over them.

I continued every week to beg, ask and encourage Blue to do "WHAT WAS NEEDED" for the members. He again promised to do so, but only after the 3rd group of people had received their basic education (3rd group started their education in October -06). He again promised (as he had done for the prior groups), that as soon as he finished their class, he would trade with them and make sure they recouped the cost for their education, during November and December -06.

Unfortunately, in spite of Blue's repeated promises, in spite of members growing more and more frustrated, taking losses and struggling with figuring out how to trade Blue's Methodology, and dropping out - one by one, and in spite of my repeated reminders to Blue about his promises and "what was needed" for the members...... Blue always had an excuse for why he would not do it.

I particularly remember one day in mid December -06, shortly before Blue left on his Christmas vacation, when I again pleaded with Blue to make good on his promises to the members.
Blue replied: "I SHOULD NEVER HAVE MADE THOSE PROMISES!!!"
My jaw dropped to the floor......
All of a sudden, the PROBLEM - as Blue saw it, was NOT that people did not understand how to trade his Methodology. Instead, the problem was that he had made PROMISES he had NO INTENTION OF FULFILLING!!!

When Blue was back from his vacation in early January -07, the discussions between Blue and myself became more and more aggravated. I insisted he had to follow through on his promises to teach us HOW TO TRADE his Methodology. Blue was "tap dancing" around this subject, but I kept insisting on him DOING WHAT WAS NEEDED (and what he had promised so many times) for the members.

The Free Trial week came along (January 08-12, 2007), during which Blue made 2 trade calls (not 23 calls as Blue claims he did, and as tgere79 incorrectly repeated on page 42 on this thread), one trade was break/even and the other was a 1-tick winner, resulting in +2 ticks for the week (trading 2 contracts for each trade). I know this, as I was the administrator of the room, and I was the one responsible for posting Blue's trade calls to the room. And yes, I have the logs from the week and the recordings as well, so no need to dispute this with me.

After the Free Trial, it became very clear to me that Blue's intention was NOT to help older members become successful traders, but instead his ambition was to FILL UP THE ROOM! His focus was on getting in NEW PEOPLE, instead of teaching the OLD MEMBERS how to trade!

I told Blue straight up, there can be only one reason - and ONE REASON ONLY why he will not teach the members HOW TO TRADE his Methodology, namely: BLUE CANNOT TRADE!

The final straw came a couple of days later on January 17, 2007, when Blue told me in no uncertain terms - after I again pleaded with him to TEACH US HOW TO TRADE HIS METHODOLOGY, when he said to me: "THAT WILL NEVER HAPPEN!!!"
This sealed it for me, I could no longer support Blue's behavior, and decided to resign as administrator for Blue's room, which I did that very same day.


It is hard for me to admit that I got duped by Blue. Even though I knew when I left, that Blue is not a good trader, I have to admit I did not fully grasp his intentions or the depth of it, until having read the postings on this site. During the year I worked with Blue, I got to know him very well. He came across as the friendliest person you can ever meet. Up until now, I have had a friendly attitude towards Blue.
But recent events and the development on this site - has changed that.
Chills goes down my spine when I read Lucid's posting on page 41.....

And I can testify, that what Blue now writes on his REVISED web site (earlier referred to by Losi (page 49) and later commented on by others), is a TOTAL CONTRADICTION TO EVERYTHING HE EVER TOLD ME!!!

If Blue had told me he had developed a system - and that he PLANNED TO TRADE for himself sometime in the future (this is what Blue now writes on his web site), I would never have encouraged him to open a room, let alone participated in him doing so!!!

ON THE CONTRARY, what Blue told me, was that he had developed his system over 7 years, and been trading it VERY SUCCESSFULLY the last 4 years!
He also told me it had taken his son Kevin 3 months to learn the system, and that Kevin now was trading successfully on his own.
He further told me and the room repeatedly, that the only reason he decided to share his system with us, was because he felt bad for all the aspiring traders who got taken advantage of by vendors who sold worthless trading systems. Time and again he told us he did NOT NEED OUR MONEY, because he made his money trading. However, he wanted committed people in his class, therefore he had to charge an up front fee - making people invest in themselves and commit to themselves.


Many thoughts have crossed my mind since reading this thread. One of them was what Blue once told me, after he decided to have Free Trials as a mean to recruit new members to the room.
During one of those discussions, Blue said to me, "I AM THE BEST SALES PERSON YOU WILL EVER MEET!"
And boy - were you right, Blue!!!

I don't mind Blue or anybody else doing business selling stuff - that being products, services or dreams, as long as you are FRANK and TRUTHFUL about it.
But to use LIES and MANIPULATIONS to compensate for inadequacies and inabilities - in order to lure people to buy a product that does not exist, that is DESPICABLE in my book!!!



Blue used to tell us, "Trade what you see - and not what you believe!".
Good advice, indeed!

My advice would be:
"BELIEVE WHAT YOU SEE - and NOT WHAT YOU ARE TOLD TO BELIEVE!"
The TRUTH is played up in the rooms FOR EVERYONE TO SEE - EVERY DAY!
But in order to SEE THE TRUTH, you will have to REMOVE the "GLASSES OF HOPE"!
FALSE HOPE will blind you and keep you from seeing the TRUTH!

To all members who in any way were influenced by me in their decision to join FDT, please accept my sincere apology. I am very sorry and truly regretful!

 

Thanks for this forum - hope it helps many keep their money from crooks.

I think this method is junk. I paid for it, and it sounds good in theory - which is a combination of well known approaches to the market as well as a couple of semi-innovative techniques. But it was not tradeable for me in real time. And I don't think it is for Blade either as demonstrated by the results in the trading room.

Thank you for starting this thread. It's been a real eye opener.

Happy Holidays and Greetings to Everyone!