My points exactly. That's why I cancelled his subscription after only 2 months. His R/R is really bad. But since he's a scalper he can get away with it by high winning percentages. I'm NOT comfortable with the large losses he take. Obviously, his edge works for him and he makes money with it. I'm just not sure it will make money for all of his subs given their account size and risk preferences. That's my real criticism of him. It's not that he's a fake or scammer, which I don't think he is. It's that his style is not really easily replicable by his subs.
how do you know he isnt just frontrunning his subs to get out of trades easily . is he making LIVE calls . if he is . thats what hes doing like most scammers
it’s possible but unless you can browse his tax filings there’s no way to know how much money he made or lost trading but he’s doing just fine with his subscription business and plugging third rate brokerage services and trading platforms
uh, anything is possible much more likely, he's a scam artist like 99.9% of the room runners and system sellers
I'm not sure how it works over there in stocks, but wouldn't he need at least 9 figures in his account to pull off the stuff he does? I mean, to lose a million in a day...Well, if he had $100,000,000, sure, that's 1%. Cool. But with that much, why bother trading? Unless he's worth a billion, and the 100 mil is his throw-away money. Serves no purpose to anyone out there education-wise, other than to dangle his pickle in front of anyone and get stroked by the virtual adulation.
Based on the disclaimer, there is a possibility that the trades are all hypothetical or simulated. See below...If the results are fake, then Madaz is definitely driving more member sign-ups by posting fake positive results on their site each day. Who knows...maybe, the moderators are making real trades. I can see how Madaz can make a great living solely on the member subscriptions particularly the lifetime subscriptions.
I'm not sure if he is legit or not and have never subscribed but if he isn't I'm not sure why he'd be posting these results along with account statements to back them up... ... .