28 Comments

1. kev August 1, 2016

   Actually, the correct site is called rickackerman.com

   Reply
   • yoyo March 13, 2017

     I join the free trial on all his titan rooms and I can say that if you are making money trading why in the world will you open a trading and education room, with all the hard work of selling and holding hands, I see that most of the rooms don’t make money that why they teach, I had been trading for 30 years and I know that a lot of traders are good analyst of the market but can not trade..trading is like real fight is not the same that training is very emotional and that where most traders fail, they can not deal with that side of trading…that why the teach, they know the who to but they can not perform in real life….I don’t care if is a famous book writer or a guru , he can not make a living trading . be honest with your self and think very hard , will you open a room if you are making money trading. all of them are annalists of the market that not real trading.

     Reply
2. kev August 1, 2016

   Please do a review on rickspicks.com
   Rick Ackerman is the owner.

   Reply
3. Niles October 21, 2015

   Well, another unhappy trader here, chiming in about George. During a trial, if you maximize the trading room window, you can plainly see the Tradestation status as SIM. George is not trading his own system. He makes his money from the trading room, not from the markets.

   Reply
   • Gyu-Sang July 8, 2017

     Okay this comment is a little fishy too. Emmet clearly says at the first, there is no trial. Now this guy says there is a trial? But even if the trading is done on a simulator, you should still be able to see if the system makes money or not. If you see it loses, then why would any buy the program??? Emmet something seems amiss here. Either there is a trial and you don’t get to see the program in action (win or lose money) or there is a trial and you get to preview the possible results if you buy it. I really cannot see ANYONE paying $4,500 without being very sure they will make profits, unless they are a total newb. Somehow this makes no sense to me. Someone is lying here.

     Reply
4. Rodolfo Espino August 10, 2015

   Oh man, not the Scalping Emini ? I was thinking about subscribing to the HFT indicator for $49 x mo. It looks like a good indicator on videos.
   Why is Dr. Handley ranking Mahshigian as a Trade Titan? I don’t understand.
   What’s going on Emmett….?

   Reply
5. Tamer March 30, 2015

   I lost $6000 because of this scammer with his old Momentum and Reversion strategies on http://www.eministrategies.com
   He gave a free one week trial for the ES Scalper on his own VPS and the performance was of course horrible and then they forgot that I’m running the trial

   Reply
   • Gyu-Sang July 8, 2017

     Just a simple observation, but if you got a one week trial and lost money, why did you buy the program and then lose more? Sounds like a fishy comment to me. Next, unless this is an EA, why would you be trading on his VPS??? I smell a troll with an axe to grind here, not an actual customer.

     Reply
6. arnold February 13, 2015

   iam very sorry Emmet
   may god bless you and your family

   Reply
7. arnold February 12, 2015

   how are you Emmett
   whats new on your list of trading rooms

   Reply
   • Emmett Moore February 12, 2015

     Hi Arnold,

     Have two new reviews coming out by Sunday. And a rewrite on Real Life Daytrading. I originally wrote a negative review on them. The asked that I take it down, pending verification of account statements showing an actual track record. I got that and need to rewrite the review to reflect the positive performance. You cannot find the old review, I took it down.

     Sorry these reviews take so long. Also, my father passed away on Tuesday morning so this got me off track. No need for condolences, for him, the pain is finally over. And it was a painful passing.

     Emmett

     Reply
     • Russ February 12, 2015

       Very sorry to hear of this news, Emmet.. May he Rest in Peace.

       -RV

       Reply
     • Chris February 27, 2015

       Painless passing?

       Reply
8. Chis January 29, 2015

   This guy is one of the TOP 13 traders or from more than 600 trading rooms Dean Handley visit in last 5 years. I knew from other information that Dean Handley has his hidden agenda when he picked up these guys and this review confirmed it to me.
   More info here: http://www.tesseracttrading.com/#!who/c4nz

   Reply
   • Emmett Moore January 30, 2015

     I like what Dean is attempting to do. However, I just dont understand how he could of designed and executed a system of reviewing all of these rooms. He never talks about the raw grunt work. For me, I have a bank of lap tops that generate 25-40 hours each day of raw footage. I have two assistants in the Philippines that watch the tape, and attempt to record the trades from the moderator. If its not pure PS, then it move to the next phase where an assistant will use a sim account and attempt to replicate for two weeks. The whole thing is 4-6 weeks to complete. Final step is get a fair and unbiased review written that I could defend in the legal system.

     Reply
     • Chis February 1, 2015

       I was in a room when Dean visited it. I don’t know what he did in other rooms but in this one (which has published database log of trades for participants and all entries and exits are marked on the charts) he wasn’t all the time in the room. He based his review on logs and market charts and asking people (who could privately speak with him) if the trades are those marked. So this implies he does not record full time what happens in the rooms.
       Because of this I suppose he may be cheted or admit to be cheted because he endorsed for a long period of time the Jaguar Trading Room (Ed Abreu) who in the end prove to be a big con with false Ninja Control Center screen capture
       (see the thread in BigMike forum about this)

       Reply
       • Emmett Moore February 1, 2015

         Dean gave me the idea for my blog. Dean originally published a list of rooms that he felt offered good value. I spent several months going through the list and I was mortified that Dean was giving credit to rooms that executed on a limit order. Anyone with experience knows that a track record based upon limit orders is a huge red flag. The only solution was to do what Dean was not willing to do…screen recordings, record everything. Meticulously review everything to verify authenticity. No other way. I quickly learned that I had to create a system of reviewing this massive amount of information, and that the cost would be expensive. I purchased a bunch of laptop computers, installed camtasia on each, and then began accumulation massive amounts of recordings. I next hired two ladies in the Philippines that are college educated, speak and read perfect english, and work for $450 a month, full time. All they do is review recordings. Everyday they call me and we go over the days events with spreadsheets etc.

         If we get a good round of recordings on any particular room, then I assign one of the girls to trade on a very conservative simulator that will not allow limit orders to fill unless price passes through the bid/ask. No way to game that. If they get past the simulator with profits, then I review it and decide to either trade real money or pass.

         I think that Dean is trying to do the right thing, and I certainly applaud his efforts. However, he does not have the manpower or a system in place to properly analyze and investigate. Plus he has a commercial interest where he is reselling signals from other rooms. Which is OK. I have also monetized my blog, but only with Google Adsense. How much do I earn from Adsense? Typically about .17 cents a day! Laughable. If I start to become an asshole and begin marketing a trading room, please remind me to JUST STOP.

         Emmett

         Reply
         • Arnold February 8, 2015

           So out of the list of the 13 best trading rooms which ones do you recommend

           Reply
         • Chris February 25, 2015

           Hi Emmett,

           Could you expand on this please:

           “Plus he has a commercial interest where he is reselling signals from other rooms.”

           I have not seen where he is doing that. I only know about his consulting which is done through:

           http://www.tesseracttrading.com/#!subscribe/c1tsl

           He claims:

           ” During this time, I have not received a penny of compensation nor are my recommendations monetized”.

           which seems contrary to your comment.

           Like you I have my doubts about what he claims to have done however.

           Claims:

           4 trading rooms a day.

           1000s of real trades placed by him whilst doing 4 rooms a day!!!!

           claims to have crossed checked to the sites claimed performance yet some of them (most) do NOT have a published full track record so what was he checking against.

           claims that his benchmark has gone from a room that can achieve 50K pa to $150K pa after he applies his “optimization” on the top rooms.
           based on trading say the top 3, would one really be listing sites with no published track record as being in the top 1% if one was making 450K pa from trading the best Trading Room trades???????

           I sure know I would not.

           mmmmmmmmmm

           Reply
           • Emmett Moore February 25, 2015

             I called Dean and talked to him. He “trades the trader”. He subscribes to several rooms, collects signals and then publishes. Basically, he is reselling signals. Nothing wrong with that, except if it does not work.

             Regarding his claim of observing hundreds of rooms, this is unrealistic and simply not believable. I should know, I have a staff of 3 working full time, and we can barely get a few done each month. I am not calling Dean a liar, its just that I question the level of scrutiny and observation that he placed on each trading room.

             Reply
         • Chris February 26, 2015

           Emmett,

           I have not seen where he is reselling signals.

           Do you have a link?

           Like you I have my doubts about what he claims to have done especially since many of the sites do not publish a complete and detailed track record so he cannot verify something that does not exist in the first place 🙂

           I agree with your comments

           Reply
         • Matthew September 29, 2015

           I now begin to doubt Dr Dean Handley’s review of the trade rooms, as I paid for the Global Trade Room (www.globaltraderoom.com) but quited after 3 month’s paper trading and attending nearly all the live webinars and trade rooms.

           My paper trading account was in the red, not to mention the fee paid to Globle Trade Room. While the live trade rooms, the modulator traded sim money, but they lost more than they won, and I heard no student were making money, except one that they promoted all the time. But no statements were shown to support their claim.

           Trades were called, but not documented, and when the head trader had a winning trade, he would show a screen window showing the profits, but then he immediately removed the screen. If he lost, he would not show the screen, of course. I guess he could be trading on both sides, and show us the right ones while hiding the losing ones, but I was not sure, just a guess.

           There were 3 trade rooms, one for NY, one in US for after market, one in UK (modulated by a British trader in HK) for Europe, he talks a lot and teach a lot, but his sim trades were mostly losers.

           The US room was not profitable either.

           But now Dean recommends this trade room, and says its trades are profitable! I begin to doubt his reviews, and wonder how he records the trades and claim it to be profitable, while we as paid subscribers were losing.
           I have read some other reviews about Dean, their comments are similiar to mine, just the rooms are different.
           Maybe we should take a different view to such reviews.

           Reply
           • Emmett Moore September 29, 2015

             Well, on a personal note, I too had a really bad experience. Dean recommended a trading room called Jaguar Trading Club. I paid the course fee and the monthly room fee, after two weeks I began to notice that Ed Abreu was lying about his trades. But I stuck with it for another 3 weeks because I had already invested in the course fee and I figured that maybe it was just me. After losing/spending $13k I was really disheartened and I decided to do something about it, this is one of the reasons I started my blog. I recorded Ed and caught him on video lying and cheating. After I exposed him, he pulled his website down and disappeared. It felt empowering that I had actually made a difference. So I started to really apply some critical thought and investigation in Dean’s recommended list. A few are OK, but most are crap.

             I wrote a review a few weeks ago about another of Dean’s Titans…a room named eminivolumetrader.com. Wow, the guy running this room is a complete scammer named Michael Ramos. After the review was published, all sorts of people began emailing me with the same complaints and how they had been taken in by Dean’s recommendation. One guy lost $35k. Well, guess what? The eminivolumetrader.com website is now shut down. Another trading Titan that turned out to be a Trading Midget.

             Regarding George Mahshigian, I have been pretty tough on George. But I have to give him credit because he is now using a trading DOM. This way people can actually evaluate what he is doing. Unfortunately, you need to sit there for a long period of time to see if his scalping program is a good fit. George has sold a few other stinkers in the past. But the trading DOM is a really big step forward for him. You should evaluate George not on my review, but based upon your own observation. In all fairness, he began showing a trading DOM after I published the negative review.

             Reply
             • Gyu-Sang July 8, 2017

               Your initial words on GM seams a little unfair considering what you just said now. Would the right and fair thing be to revise your words and be less critical and defaming? Just a thought. I’ve read all the comments here as I do my Due Diligence on GM. There only seems to be a very small number of people on the internet, that I have found so fair, with anything negative to say about George Mahshigian. Even giants like Whole Foods get people calling them names and such, so it would seem, if George has been in the teaching industry with many products and is a fraud as you say, then I should be able to find many people saying that, but there just aren’t. And some of these comments on your site seem a little fishy at best. I’m thinking there may be more to your bad review than meets the eye. So with this comment above, it might be that a revision of the original review is done? Just a thought.

               Reply
         • Osikani February 2, 2016

           You denigrate Limit orders in an absolute fashion, as if they can never be filled. That is not quite true.

           I trade often with limit orders for entries, and I implement a very simple system to avoid the trades that run away from my entry. The logic is simple: if I do not get my entry and the price trades through the target, it means that the trade is over and I was not on board, so I cancel the sitting order. After all the trade had an entry and a target. Price was at the entry and has reached the target. That means that the trade is over, so if my entry left me out, I do not need to get into a trade that is already over.

           Does this mean that I miss some trades? Sure, but I always say that “trades are like buses; there will be another along soon enough.” I am never anxious to get into the market. The market takes our money often enough. No need for us to be anxious to help it fleece us.

           Reply
       • Jack April 1, 2016

         I think there are too many failed traders on too many chat rooms who are looking for the easy way out. You are probably one of them. As far as I know, Dean provides at least a starting point as to how to evaluate a trading room, no other person in this shady trading industry does this. The rule is that the louder someone screams about their own results, the worse they are as a trader (the same rule applies for those who constantly complain). In this business, if you can’t take responsibility for your own actions, you are dead. I am not affiliated with any room or any service and have been trading profitably for a while. I’ve developed my own methodology over time after much trial and error (which is in fact a mix of 2 rooms that Dean recommended – one of which is Ed’s training). At the end of the day, it does you no good to complain about everybody else, and the faster you can take responsibility for your own trading, evaluate, and measure your trades, the better off you will be. Good luck.

         Reply
         • JBofficial April 22, 2016

           I was a member of that JaguarClub almost from day one with Ed while he was moderating for YTR and Bluewave. I do not remember any Emmett Moore> from what i saw few traders could emulate his accuracy or trading style. There was no mechanical go dot or ‘system’ other than supply and demand, volume and momentum. He used the super trend to help make things simpler, but advised against blindly following it. When all that BMF shit happened, I read through it. Tough to agree with most of it since he still trades to this day, and has a private following. He had already announced he was retiring, then that BMF stuff hit. That was the clincher because many members wanted their money back, even though they got many hours of direct coaching from him. Regardless of what he ‘sold’, his accuracy in tape reading and order flow was impressive, but not duplicate-able without lots and lots of screen time – which most were not willing to do. One thing he did tell everyone,, 8 out of 10 will not be able to trade, no matter what they do. I took this to heart, and while I still watch charts and read order flow, I have been in an automated broker managed system for years now, and doing well. Striker has some good ones for those who are part of that overwhelming majority who cannot do this. BTW, blaming others for your mistakes is not the way to move forward. I found this website because I was looking for info on George Mahshigian emini es scalper. The trial was impressive, and many trades – over 50% – were limits where price moved beyond entry and exit. Not sure if that will pan out real time, but it was good to see that price went past both ends most of the time. I think he was trying to debunk that to the tick limit illusion that has cropped up on the forums everywhere. Bottom line, take this business with a grain of salt, both for the whiners and the supporters. Give it x number of years or x amount of dollars. Then call it a day and let those 2% give it a try. Don’t let anyone else steal your dream. Places like this are good to get both sides of a story, but do not base your decision based on them. I suggest u check things out for yourself. The only real test is your hands on trial and error. One man’s poison is another man’s protein drink. Good luck!

           Reply
   • Chris February 25, 2015

     HI Chis,

     I would like to discuss the hidden agenda with you. I also have my suspicions but they are unconfirmed.

     My email is: chrisj@zip.com.au

     Otherwise feel free to post your comments here.

     Reply