He may be trading in replay mode but his videos do share some decent knowledge. He may be a better teacher than trader? I don't know. I thought someone here might have had a direct experience with that site.
So these guys are done... Along with restitution, disgorgement, penalties, and permanent trading bans. http://www.cftc.gov/PressRoom/PressReleases/pr7464-16 http://www.cftc.gov/idc/groups/publ...ts/legalpleading/enfubssotcomplaint093016.pdf
I provided Google and YouTube feedback and a link to the CFTC ruling and complaint through my own personal gmail and YouTube accounts - could other members reading this post do the same ? Is there a more effective way to bring this matter to the attention of the YouTube and Google legal departments? They're still operating and this is serious shit...
Reading further I see his work history includes grounds worker at a golf course, front desk help at a gym, and a run of unemployment. Also has a past criminal record. But wow... clearing 60k a month for the first 5 months of 2016. Made well over 2 million since 2011. Shit.... no wonder the education space is so crowded.
Good job CFTC! https://steadyoptions.com/articles/schooloftrade-another-guru-busted-r218/ More of those trading gurus are busted by CFTC and SEC, and this is a good thing.
I was reading about this on a different forum. It is not only School of Trade. There are more ninjatrader vendors recently busted by the CFTC. I just created a thread with more of them in the retail firms section. I agree with ndtrader - Good job CFTC!