Oh good, Bill Schamp. Interesting things: From your marketing article http://www.seminar-shop.com/static/presse/artikel,1518377.html. I noticed you let your website http://www.logicaltraders.com expire. You now seem to be a modeling agency . This is a sure sign of a successful business From your website: http://www.agmarketlogic.com/About.html "So, from this point on I give myself to the Agricultural community. " Didn't you just say you have lots of lawyers in your classes? I will devote the bulk of my professional time in teaching these proofs, and I do mean proofs to all the farmers and ranchers willing to open up their mind to the possibility of a perfect understanding of price in their specific marketplaces. I repeat . . . you are required to verify all of the information I give you. I teach you to never blindly trust anyone but yourself and what you can confirm with your own two eyes. " Well it is good to know you will prove and verify what you do, except of course, establishing an independently verified track record. How come you don't demand $50,000 from farmers like you did here, and previously to another person?
this guy is a real trip. he even has the nerve to conjure the CFTC in his defense!!! however, he will show you with your "own two eyes" in his class. he did invite me attend at no cost--however this would be equivalent to watching david blaine perform magic in a theater. quite silly. regards, surf
And from just one page of a past ET thread, (http://www.elitetrader.com/vb/showthread.php?threadid=49608&perpage=6&pagenumber=5) lets see what they had to say about you: sevenfirs: By the way, he already said in 2003 that he would retire by the end of the year, so hurry up if you wanna be rich ... When the going got tough for him in 2002 he said the same thing. He was packing it all in and intended spending time with his family...He doesn't need to retire right now as he has found newbies in Asia. He has said in the past he likes travelling and meeting people!!!! Bill Schamp is a likeable guy if you meet him in person but very evasive. He offers crap!!! HH, HL, LL, LH Yes, I've been had!!!! steve035: Bill don't you think you're "hyping" this patent issue for the sake of promotion. In a previous thread you stated that you had to provide "proof" of a working theory in order to submit the provisional application... you submit a provisional application and then run around touting "worlds only patent pending trading method" AND then you have this holier than thou attitude... "but no I'm not promoting or selling anything" kgharris: What is stupid about all of this is that ProfLogic could have - at any time - started a journal and posted some real trades. Even if for only a week, or a few days. If he had been successful, he would have shut-up many of the detractors. But, like almost every other guru, this option was not pursued. It should make you wonder... Or even posted a few trades on the "Market Calls" thread. If he was right 100% of the time, he would have. There is NO reason he would not have - people would have been knocking down his door. Put up or shut up. Prof chose shut up, and wisely so.
http://www.elitetrader.com/vb/showthread.php?threadid=49608&perpage=6&pagenumber=4 "jr222 ...Two years ago i attended one of proflogic's private seminars. The fee was 7500$ for 5 days. What he is teaching is not wrong but it is very basic stuff. It was definitely not worth the money. He told me the trades on his website were real but i never saw him trading real-time. When i asked who was placing the orders while he was traveling he said: "My wife". The disclaimer on the results page ("All trade set-ups ... are based in theory") was added only months later - after the CFTC contacted him. " roberk, Moderator: Nice to see another scam artist revealed by ET members. http://www.elitetrader.com/vb/showthread.php?threadid=49608&perpage=6&pagenumber=3 sunnyskies: The only sad thing is that CFTC has very limited resources to go after Bill Shmucks like this one. CFTC tends to concentrate on big time FOREX/Commodity pool/etc swindles. nononsense: The Method is Flow Charted and the whole reason I was granted a provisional patent. Did the patent office require any broker statements in support of your claim? Most important thing if you want to get money out of someone else's wallet: they must like and thrust you. When that has been accomplished you can make your move. spike500: It was too obvious, a complete success story: prof at a university patented system he even knew lawyers at the CFTC he even gives seminars in Asia http://www.elitetrader.com/vb/showthread.php?threadid=49608&perpage=6&pagenumber=2 yenzen: spoken like a true snake (an arrogant one at that). I guess this little statement of yours speaks volumes as to why you would not post real time entries and exits for your "students". Essentially, if you did post this advice you would be in direct conflict with the regulations regarding giving investment advice for compensation. By merely posting hypothetical performance in some "perfect and imaginary world" on your website, you can have your proverbial cake and eat it too. sevenfirs: No one has ever seen you trade real time Bill Schamp. Many of us were sucked in by you in PALTALK days 2002 when you called yourself Logicmaster, if I recall right we paid $4700 for the trading sessions. It turned out to be total crap. Remember the "doctor" who was supposed to have given the "holygrail" and on his deathbed he asked that you could share "IT" with the world. I wonder where his family was when he was dying!!!!. You told many of us that you trade 5 contract for your daughter 10 for your brother and about 5 for your mother. I recall you were supposed to trade with one of your students realtime but then your "Mother had a bypass" which prevented you honouring your promise!!Do you remember "Disillusioned" he was the very first person to speak out about your crap and then we all realised "we'd been had." Now you reside on Elite traders sucking in newbies, in time they too will realise what crap you offer. None of us ever saw you trade realtime, you never refused but you had a way of not honouring your promise. Hey what goes around comes around!!! Just matter of time. No wonder Proffy will only trade for money. No wonder he is running away from a challenge.
rcanfiel Registered: Sep 2006 Posts: 891 09-05-07 12:24 PM -------------------------------------------------------------------------------- How come you don't demand $50,000 from farmers like you did here, and previously to another person? ___________________________________________________ On your lunch break? Don't be late. I don't demand anything of the agriculture individuals except the ability to verify oscillation occurrence in their charts of their markets on their own. You on the other hand are an ignorant, gossip mongering, penniless, malcontent trader wannabe and I have just a hoot dinking you because you can't afford to put the money up to trade against me. If you weren't such an a$$hole I would have offered to have you sit and trade with me for a few days for nothing so you could see what I do. I have done that with others. That's not happening. Jack hit the nail on the head when he said you were phishing. I've read other threads where your comments are all about trying to pry information out of others on how they trade or where they got there information. Lazy leach is the best description I come up with for you. Unable and unwilling to do any independent creative thought on your own so you lay on your back and wait till others float by and then try to suck it out of them.
Yea, I guess you aren't bright enough to tell the difference between useful common sense information spoon fed to you in a classroom environment in person with other acedemics and professional traders with live realtime trading verses a theater filled with smoke, mirrors and slight of hand. I can see your point.
Quote from ProfLogic: Didn't you say twice you put me on ignore? Do you EVER do anything you claim? "when he said you were phishing..." phishing? Based on what others say, you phish for $$ from unsuspecting students of your seminars. I will leave your falsified claims littered across the interstate. Jack already bailed. Then you bailed. You are terrified of independent analysis. Your sideshow of demanding money is a pathetic thing. As I said, it is obvious from the past comments of others about you, that you are unreliable and would never pay. You extract fees from others to make your $$$ Regardless AGAIN, I don't want your money. I plan to expose you as a paper trader and a circus clown. Notice that you don't bother to address the many complaints from the many ET people who have already figured you out??? How do you expect to have any impact with anything you say? http://www.elitetrader.com/vb/showthread.php?threadid=49608&perpage=6&pagenumber=1 [/b]cornholetrading: what I find rather odd is that numerous times on that thread current and former students of his have complained about having no idea how and where one would actually enter the market. They all thought the general method was useful for market direction but had no idea when and where to actually put the trade on. What was interesting is that it was brought up several several times and in all the replies Proflogic made not once did he cover that topic. You would think since it seems so many of his students have the same problem that he would like to clear this up since his method is suppose to be very objective and essential perfect. I would say most people can look at a chart and tell where the trend is going, but the difficult part is timing it. I would say on intraday trading that is what separates those that make money or lose money. Obviously it is important to his method too because as he posts the results on his website it shows several trades for 1 point profit. If you are correct in trend but wrong on timing all those 1 pt profits could easily be 1 or 2 pt losers. I think I am very open minded to learning new things, but found this difficult to understand why he glossed over the topic over and over again when responding. It makes it seem like he does not have an objective and perfect answer for that question which seems to be the most misunderstood part of what he is doing. Htrader: Proflogic's methods are not new or original. He is merely one of many so called gurus who have intelligent sounding ideas that don't actually work in the real market. His verbose ramblings are easy fodder for newbies who lack the market experience to realize the fallacy of his preachings. [/b] Why are you so deaf and blind, proffy? Aren't testimonials important? Are you including THESE testimonials in your website???
that is ACADEMICS and that is VERSUS and that is SLEIGHT. Are you sure you are a prof? And what have you to say about what other ETers say about the fact that you are a phony? WHERE IS YOUR REALTIME TRADING RESULTS THAT YOU CLAIM??????
You were on ignore until the continued slurs were forward to me so I will respond, hopefully, one last time. The vast majority of my students are referrals which means that they are taking the class because they know someone who has achieved success with it. If what I teach didn't work I wouldn't get referrals or would have been invited back to Singapore 5 times over the last 3 and a half years. There will be unsatisfied people regardless of whether they try to learn to trade or any other profession. You and most of those you have seemingly quoted have never taken my class, have absolutely no first hand knowledge as to what I do. So what do you do, resort to conjecture and gossip. I'm used to it though. Traders think they can learn to trade in a few hours in a class or by reading a few books and that is a crock. It takes lots of screen time and focus to build ones confidence regardless of the method they trade. I trade live in almost all of my classes, time permitting. The best was a class held during the January grain report at Oklahoma Panhandle State University which was attended by the past president of the National Cattlemen's association, 3 of the largest land owners in the panhandle, the CFO of the second largest church in the U.S. and 2 of the owners of the largest feedlots in the United States, just to name a few. Over a 2 day period we generated over $250,000 in profitable trades spread out over all the students in the class. The feed lot owner alone made over $50,000 in profit in the eGrain markets alone. I can't help it if some of the individuals that took my class early on didn't have the patience or focus to follow the process through to completion. That isn't my fault. Just like it isn't the fault of any one instructor that does a solid effort but the student decides on a different path. One of the people you quoted was in a class with one of my best students who now trades with his son in Utah and makes a comfortable 8 figure income each year. There are always extremes. I teach traders to trust themselves not what they are TOLD to trust. Bottom line, when it comes to taking a trade the only one clicking the mouse is the trader not the instructor and if the trader isn't confident in what he has seen repeatedly play out in the market, he can't trade with surety and clarity. I teach traders to learn to trust themselves not their instructor because I have no monetary interest in their decisions. My interest is in their success. I can't teach everyone and no instructor can. There will always be that part of the public that think they know it all and want to argue with everyone and everything, including the market. Those are the ones that will fall flat on their faces. I do my best to prevent that but I am just an instructor, I am not perfect. You make fun and ridicule what you don't understand and that is something that we as children learned was unacceptable behavior. Why is it acceptable now for you? It's one thing to have an opinion based on fact but to have an opinion based on the gossip of others . . . that is weak. You got a kick out of my typos. Good. Spell check is a great tool when used but sometimes one just is in a hurry. Nice to see you exploit everything. Oh, by they way. WHERE IS YOUR REALTIME TRADING RESULTS THAT YOU CLAIM??? should have read WHERE ARE YOUR REALTIME TRADING RESULTS THAT YOU CLAIM??? Too bad ET doesn't have a grammar check, huh. We all make mistakes and errors. I teach my students to learn from them because there are only a limited number you can make in a closed trading environment. Good luck and God speed on your search. You will need it.
What you call "slurs" I call quotes from other ET people, en masse. Much of what they say makes it quite clear that you have some disconnects. The complete lack of a realistic track record and your continuing unwillingness over several years to make one leaves glaring holes in your business credibility. As you made it completely clear that you refuse to evidence your trading claims unless a ransom is paid, going forward I am considering your credibility a lost cause. Have a good life. It is short, and those who play with the truth and deceive others will find once they pass over, they will need all the help they can get. Of course then, it is too late.