come on spyder, the guy had a perfect track record on his site for years. he claims perfection in the market--yet refuses to post any realtime calls or subject his method to any scrutiny. i make no claims, he makes the claims so he needs to defend them, which he fails to do other than rhetoric and childish challenges. surf
You did not answer the question. What stops you from responding to his challenge? Once again you have posted editorial commentary about his 'claims' indicating, implying and all but accusing The prof of being a fraud. I ask again. If you (or rcan) believe wholeheartedly that Prof is a fraud, then it logically does not follow that you'd fail to jump at the opportunity to expose him by accepting his challenge - irrespective of conditions. You cannot have it both ways. Why again, do you (either of you) refuse to accept his challenge if you both appear to believe with every fiber in your being that he is a fraud? And this time please, no tap dance lesson. - Spydertrader
how does winning challenge expose him? it is irrelevant--- he is afraid to subject his system to objective scrutiny as it would likely fail. i dont believe HE is a fraud. I believe his system is not what is claimed. he might win the challenge, he may not--- the way i trade has nothing to do with his claims--- he needs to show proof in the form of realtime posted trades, collective2 account among many other ways. he is a vendor making claims, selling information based on the claims. the burden of proof is on him, not his skeptics.
The tap dancer is the professor: - does not get independently monitored, yet offers multiple services to the public. - posts falsified track records, based on the way-too-perfect personal track record on his site - has bailed on past challenges, like he is bailing on this one. - has many past ET posts of people who saw through his smoke and mirrors and called him out on it. - no one in their right mind would expect to actually collect from a con artist (see following reply), regardless of the escrow service or guarantor used. He would be happy to collect, but he would again weasel out in some way. - or the Professor using wild position sizing methods to win, out of luck. - or if he loses, to find reasons to keep extending until he noses ahead. Or like Hershey, the 26% loss Jack seemed to have had when he pulled out early from a challenge. The $50,000 or $80,000 is a smoke screen. The Prof puts up a big number to bluff out people. The simple truth is, he cannot just trade publicly and prove that his offerings have any value. He appears to charge $4000+ apiece for his seminars. For crying out loud, the least he can do is go on the record for a reasonable period of time and show he is not full of it. PROFLOGIC - PROVE YOURSELF AND STOP THROWING UP DISTRACTIONS!!!!! ANYTHING LESS IS WEASELING OUT! I expect him to put myself and Surf on ignore soon. That is the Hershey method. That way, he can pretend to be deaf to further I will reply below, with the full text of the PM I received. I truncated it previously, because I have little interest in scoring political points by the bottom part of the message. But this person was angry as a hornet after being taken in by one of "Prof's" seminar. The Prof's demands are pretty much of an indicator he is afraid just to prove himself for once.
PM to me last week, that spurred this challenge Hi, I want to let you know that this character, Proflogic, is a scumbag and a scammer. I was scammed into spending $4000 to attend one of his seminars in 2006. It was a decision I'd regret ever since as was a total waste of money. Be aware that this guy is a charlatan. He gave himself the title of "professor" and adopts a obnoxous and insulting manner to other peoples so as to belittle them in a way as to "how dare you question the learned professor, you idiot". Be also aware that this bastard's knowledge of trading (methods or strategies) is average at best. His claim to fame is that he spent 10 years researching the merit of volume bar chart and ergodic indicator (that is his claim). Keep in mind that he didn't invented the volume bar chart or ergodic indicator, just found out through research the superiority of these tools compare to others. To him (and what he imply through these forum and his seminar) these tools are the holy grail and that you only need these tools to be successful in trading. After testing thse tools I have to say that it couldn't be further from the truth. Volume bar chart and ergodic indicator are just tools. You also needs methods and money management skills to be successful in trading. His method of trading is very simple and common. It basically employ dual time frame and trade the ergodic indicator (very crude in my opinion) and it didn't work since indicator is basically lagging. I (pretended to be another person) at one time asking to see personal brokerage account so as to see his track record and the moment I requested it he basically blew up throwing insulting words at me. This incident is all you need to know how phony this guy is. After realizing that I was scam I tried to do research on this guy and stumble across this EliteTrader website and spent 2 days reading all the past postings of this guy and found out that there are many other people like me who was scammed by him and who had post their experiences as such. By the way, I like you responses to him. Your refusing to take his insult is right on. Keep it up and don't be intimidate by his "professor" title. I had only one wish that the government would put him behind bar so as to stop him from scamming other people. Currently, this guy is doing a good business and earnig a good living by giving seminars (scamming people). You can see this at his website here: http://www.agmarketlogic.com/
My track record has been posted on this web site for over two years. In addition, I have sent certain participants of this thread my trade reports. Please link me to your track record. You have claimed over and over again that 100% winning trades is not possible. He says it is. You have made it perfectly clear you believe him / his methods to be a sham, fraud or any other pejorative term you have used in the past. Why not then expose the methods publicly by accepting the challenge? Because you find it easier to sit and throw accusations? You claim his methods cannot work as advertised. He claims they do. Can you not see both sides of the discussion have made claims? The challenge offers both sides the opportunity to put up or shut up. I find it highly ironic that neither you (nor rcan) have the desire to back up your own accusations with action, yet both of you are quick to create arbitrary thresholds for performance which neither of you have met. I find the whole thing highly ironic is all. Good trading to you. - Spydertrader
once again, my trading has nothing to do with his claims. this is obvious, yet you seem to think that if i "win a contest" his method would be exposed as a fraud--- this is faulty thinking and frankly im surprised its coming from you. its not the skeptics job to prove his/her methods work, its the person making the claim's duty to defend the claim---not the other way around. the performance is based on his claims, had he never made such outrageous and bizzare claims, i would have no issue with his method. surely you are not that naive' to believe him even based on the pretty charts he puts up every once in awhile??? surf
You and Jack should post your records, because you're the ones making unusual claims. Do you have a link to your records? I have never claimed to make or lose anything. You're awful defensive of ProfLogic here. Are you worried that if ProfLogic goes down that Jack will be next? No need to worry, because the consensus of the board is that Jack is a serial exagerator and full of hot air. Jack has taken to ignoring people, apparently unaware that with each person he ignores His Omniscience is diminished.
No worries mate. Perhaps, I just see things a bit differently is all. Enjoy the weekend, and good trading to you next week. - Spydertrader