Bills Room
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Honesty
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Quality
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Cost
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Support
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Verified Trades
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User Experience
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Summary
Owner of company making highly dubious claims that his students, “Have gone years with a single losing day” and “My master trader students have NO draw downs and NO losers”. However, when pressed for verifiable proof of these amazing results, none can be found. Owner of company refuses to verify personal trading performance, will not produce account statements proving whether he can trade successfully. None of Bill’s students are willing or able to produce any proof of amazing results as described in the promotional webinars. In my opinion, and until proof can be provided by the vendor, then I would avoid this several thousand dollar trading product.
User Review
( votes)Thanks for reading today’s review of Bill’s Room Trading
What is Bill’s Room Trading? Bill’s Room Trading is a day trading educational company that operates from within the Online Trader Central family of live trading rooms. Online Trader Central owns and operates Hotcomm software, which is primarily a screen sharing software that allows a person to display their individual computer desktop with viewers over the internet. Online Trader Central is a marketing company. A person can purchase a promoted webinar for a price that ranges from $500 to $1000 to a list of potential traders. In speaking with Kevin Driscoll of Online Trader Central, he does not vet, nor does he perform any sort of background checks to authenticate whether a trading vendor is legitimate or operating a fraudulent trading scheme.
Over the years, we have witnessed just about every potential fraudulent trading scheme being promoted by Kevin Driscoll of Online Trader Central. It appears that the only hurdle to be promoted by Kevin is whether the vendor can come up with the marketing fee. Once a person has paid Kevin the marketing fee, then Kevin begins spamming hundreds of thousands of email addresses in hopes of enticing viewers to sign up for the vendor’s sales presentation.
In total, Mr Kevin Driscoll has now sold 76 of these promoted webinars to Dr. Bill McDowell. I would estimate that Bill McDowell has spent a minimum of $35,000 in marketing fee’s to Online Trader Central. Obviously, this is considerable amount to spend on marketing. On average, it appears that Bill McDowell conducts one of these trading promotions each month.
What is Bill McDowell selling?
Bill McDowell has various educational products that begin with an initial price tag of $3,000 for the Basic Course which includes 8 months of mentoring. Next there is the advance course which costs an additional $1,500 and extends the mentoring to one year. Finally, there is the post one year continuation mentoring that can be purchased for an additional $1,000. However, in watching the sales presentation, it appears that the main thrust is to sell a life time subscription at $5,000 per person.
There is no live trading room. At least in the sense that what most of us are accustomed too. There is only screen sharing post market hours with various assigned mentors that Bill assigns to each person, after the purchase has been made. Each of these assigned mentors are what Bill likes to term “Master Traders” that have all completed Bill’s courses and are now highly profitable traders.
The sales presentation
The Online Trader Central webinar that Bill conducts each month lasts approximately 70 to 90 minutes in length. In total, I have viewed four separate presentations and was amused at the congruity and sameness of each sales presentation. Bill has made this exact same sales pitch quite a lot, and it shows. So what exactly is contained within the sales pitch? For the vast majority of the time that Bill is making his presentation, it is remarkable how very little time is spent talking about actual trading. Instead, the pitch is primarily focused on how many “Master Traders” that Bill has supposedly produced over the past 10 years of training traders. In fact, in Bills marketing materials as well as his recorded webinars, he boldly proclaims:
If you are having more than one losing day a month, then you should not be trading, you should be learning my methods. In fact, my master trader students are currently experiencing no draw downs, and no losing days. With my methods, you can trade any market without draw downs and no losing days.
Obviously this is a bold proclamation. To offer a trading product that essentially guarantee’s these types of amazing results needed to verified.
Speaking directly with Bill McDowell
Over the last two months, I have made several attempts to verify the veracity of Mr. McDowell’s claims. Using several different alias’s and using different email address’s, I contacted Bill and simply asked if he could provide me with some sort of documentation regarding his own personal trading. Bill responded by emailing me the following document:
If take a look at this document, please notice that this trading log is for only a single day of trading. There appears to be a grand total of about 142 trades that were executed for the day. This log describes the trades covering the TF (Russell 2000), and the 6E (Euro). Please notice that at the top of this spreadsheet, Bill proclaims “Every valid trade is listed that could (not should) have been taken”. What exactly is Bill saying here? Did he take these trades? Did he take some of these trades and not others? Does he have any sort of proof in the form of account statements that verifies this impressive list of winning trades? And so, I began a campaign of emailing to Bill in hopes that he would divulge account statements or provide more transparency on his actual performance.
After a day or two of emailing Bill, using different alias’s, he would give the same response, “I will not verify my own trading results, nor will I share any account statements”. I asked him plainly, then how can a person verify the legitimacy of these results? At that point, he simply ignored me. It appears that once you cross the threshold into the realm of verification and provability, he quickly removes himself.
Also, I think that it is important to note that he is only sharing one day’s worth of trading results. To summarize, he wants prospective students to purchase his several thousand dollar, day trading educational course on this flimsy little spreadsheet? And he refuses to show even a redacted account statement? Amazing stuff folks. And 142 trades in a single day? This is nearly $600 in commissions paid. And a new trade executed every 2.96 minutes of the trading day. Seriously?!
Speak with the students
The more I attempted to press Bill into publishing verifiable accounts statements, the more he attempted to push the conversation of verification onto the court of his supposed Master Students. Let’s take a moment and talk about what Bill McDowell presents during his webinar, as performance and proof of his supposed Master Students.
Student A: Two consecutive years of trading and not a single losing day. Verifiable 6 figure trader that is currently winning at 93%. A profit factor of 20 to 1 over thousands of trades.
Student B: 3 year master trader. Over 6 figures in verifiable annual earnings.
Student C: 1.5 year master trader that is left his old job and now earns over 6 figures.
Student D: 7 year master trader. No losing days in the past 4 years. Over 6 figures every year.
To the newbie reading this, admittedly this looks very exciting. During the roughly 90 minute sales presentation, Bill spends the majority of the time talking about each of these master traders that he has personally mentored and taken to the promised land of easy day trading profits. Of course, traders A-D is only small sampling of the supposed traders that are now earning over 6 figures trading Bill’s methods. On any typical webinar presentation, he rolls through a list of at least 9 supposed master traders earning big bucks day trading.
Seeking proof from Bill’s students
Bill assigns each of his master students different initials. There is DM and TP, and DR and KP, and LY, and you get the point. And Bill is more than willing to let you email these students and speak with them directly about their own personal trading results and overall experiences with Bill.
Over the past several months, I made great attempts at getting these supposed students to release account statements that verified year after year of amazing trading results…with no losing days, and no draw downs. Since everything is done via email or over chat, I had no idea whether any of these students were actual people, or just avatars created by Bill. Imaginary straw people, or paid shills that will say or do anything to coax a person into spending several thousand dollars. Lets be clear, I am not stating in fact that Bill is using imaginary people to verify the authenticity of his trading methods. However, I found it strange and disconcerting that Mr. McDowell will not show any verifiable trading results, nor will any of his supposed master students.
Perhaps these are in fact real students. Did Bill verify that these students are telling the truth? Did Bill ask that his students submit a redacted account statement that verifies the legitimacy of his claims of “NO losing days, and No draw downs”? It only seems appropriate that if Bill McDowell is going to parade these supposed amazing results of his students, that these results should be verifiable. Unfortunately, neither Bill nor his students are will to share even a single morsel of evidence.
Highly Dishonest
In my opinion, the willful inadmission of verifiable trading results is a highly dishonest marketing tactic. Some could make the argument that proclaiming amazing financial success and verifiable trading results, coupled with the inability or unwillingness to proffer documents of proof is the hallmark of a very dishonest person. Is Bill McDowell a dishonest person? Ultimately, the reader must make up his own mind. However, in my own personal opinion, there is absolutely no way that I would send Bill McDowell even one dollar….unless he can prove the either he, or his students are trading with some degree of success.
When Bill McDowell makes the bold proclamation this his students have no draw downs, and no losing days trading with this methods, then the burden of proof should be squarely placed upon his shoulders. I don’t know about you, but when something sounds too good to be true…well you know the rest.
Wrapping Things Up
In my opinion, and without calling Mr. Bill McDowell yet another fraudulent trading vendor, I hold out hope that Mr McDowell will contact me at his earliest convenience. I would be more than happy to write him a new review. But the new review needs to based upon facts and evidence. Not promises and hollow decrees.
I also wanted to make note that part of the research for this review was based upon the work of Dr. Dean Handley, whom actually beat me to this review and posted his own review of Bill’s room over a year ago.
Well, that’s it for today. And thanks for taking the time to read this review. Please do not forget to leave your comments below.
http://tradingschools.info/2015/08/05/a-review-of-emmett-moore/
I just realized that Rob B is a lost cause. Totally gone… I feel sad for you.
So Rob has a link to a gentleman who took Bills course and admittedly didn’t put in any time on learning the method because Dr Bill wouldn’t show him his account statements. Yet he decided to invest the 3k without putting in at least 3 months of time to see if the method worked. So that makes Dr. Bill a scam?
Next be assured that Dr. Bill would never come on here to promote or defend his methodology or room. Let’s be real this guy trades and teaches and is in the room 6 hours a day. Come on Rob B, your not even making sense anymore….but since no one here has taken his course, and you guys are all about exposing the truth …. then maybe you should expose to everyone here that your only mission is to destroy peoples desire to attain something that you are not able to. That some how the world is full of bad people who don’t want Rob B or any retail trader to make it. Your a very sad man and need some help.
I will secede as I am a man of my word and realized being on this forum and having discussions here was a real mistake. I don’t like the negative energy here. I thought the information I contributed would be received with a grain of salt but I was sadly mistaken. Again I apologize for even getting involved here. You guys took it in a very negative and ugly place and I must remove myself from this place.
I wish you well and hope this forum turns into something more educational and serving to those wanting to learn how to trade.
Rob B, I wish you well too.
Well, Jason I can not say the same. I wish for you and this con artist trading room to go out of business. You are just too funny. You stated there was not a single negative review about this room and then when I find several you get upset. You are truly unbelievable.
And to address your ridiculous comments. I actually am a successful investor which includes day trading. And my goal is not to bad mouth anyone that is honest. But damn if I am going to let some con artist trading rooms tell people how after paying for their education their master traders have no losing days or draw downs, yet they can not show an ounce of proof to back up their claims. That is pure BS scam artist crap. I will not stand by and not respond to such complete BS.
But you can always prove me wrong by actually showing proof of this amazing trading ability. But once again you post and post and never show any proof. So according to you people are suppose to just hand over their money based on your word. Give me a break!!
No one is interested in reading your BS amazing trading claims yet you can not produce an ounce of proof. Man I wish the regulators would close down room such as yours.
This trading room is so bad I could not even find a website except for some hot comm link through Online Trader Central. I wanted to actually see who this person was and read his bio. But nothing!!!
Sorry, but I can not wish you the best of luck with your scamming people out of their money. But in fairness readers have not had a chance to read your comments and mine and if they still want to hand you money without ever seeing any proof of these amazing claims, then I guess in some ways you sadly win. And anyone willing to do that I got some amazing great swamp land (did I write swamp please cross that word out) for sale at a bargain price. You can trust me. I am as honest as the day is long.
Don’t worry Rob B once you give up on chasing the holy grail and focus on the process, then you’ll make it.
I truly believe that.
Good Luck… and for all those people out there, don’t read negative comments on how the whole day trading world is a scam or conspiracy, although there are bad seeds out there. Just find a mentor who will work with you and put in the hard work needed and it’ll come together with perseverance.
As usual your facts are wrong so I will straighten them out. First I did become a profitable day trader when I stopped listening to people like you and the other scam trading room operators promising fantasy.
Second you are right you do not need negative comments you need to see proof. For Goodness sake do not take my word or the word of Jason who if you checked IP addresses is probably the trading room operator, but ask for proof.
It just blows my mind Jason how you can post again and again with typical scam statements used by trading room operator and yet not show an ounce of proof. Even in your comments you say anything and everything but tell people to actually get proof from the person selling a trading education package that they can actually trade.
Your comments just blow my mind. Would you hire someone to do an addition to your house that was a great talker yet showed no proof he is licensed or that he ever built anything. That is what you are asking people to do with trading educators. You seem to have no moral issue with selling complete crap and suckering people out of their money.
Contrary to the crap you are telling people here is what I am saying.
Before you spend you hard earned money on a trading room or trading education or trading vendor demand they do the following:
Demand they trade real money with live Dom/chart trader, demand they accurately document their results and demand they provide verified trading account from a broker as proof they actual can trade the method they are selling profitable. To me this is common sense. But on the other hand you can just take Jason’s word on it. I am sure he is trust worth and would not lie (I bet he looks just like George Washington). After all this industry is loaded with honest trust worth folks just read Emmett’s glowing reviews.
Oh wow, being your trading room has no website showing any information what so ever, I think I found a photo of you running another scam. If you have no sense of humor skip on the link.
http://screencast.com/t/Ht6nKkmTEyIP
Rob B,
Your a cool and funny guy!
Start a blog man, I’ld read it
I never promised fortunes. I never promised no losing days. I never promised 80% profitable days. I never touched on my trading at all. I don’t need to. I don’t care to prove to you or anyone what I can do. You need to worry about you. Your income and your success. My posts never made promises. It merely touches on the point of how much work it will take to achieve success. I simply don’t care about anyone negative on this forum. You can call me names…you can call everyone on the forum a scam and every educator a scam…doesn’t matter to me.
Now to the people who can READ my post for what it is. Bills room isn’t… I repeat isn’t for most people…. I discourage anyone from joining his room if you think its going to be fast and easy….. it is not…it is tiring and hard. I wouldn’t invest a single dollar in Bills room unless you get that through your head. I am sure there are easier methods out there that can be learned in a shorter time frame and with discipline and focus can get you to where you want to be and it will be much easier to do than Bills room.
Rob B…… I hope you find your way to successful trading, and wish you luck. I hope one day you can be a successful trader, and reach your goals.
Jason AKA Dr. Bill you just continue to promote your BS room that states,
“If you are having more than one losing day a month, then you should not be trading, you should be learning my methods. In fact, my master trader students are currently experiencing no draw downs, and no losing days. With my methods, you can trade any market without draw downs and no losing days.”
Yet now you deny that. Then you challenged me to show any negative reviews and I showed several.
I have my magnifying glass looking for even a hint of proof yet you once again show none
http://screencast.com/t/4SU33gC6D
I am sorry but no one here is stupid enough to buy your course based on your word it works. You are a scum bag con artist with one goal only; to take money out of hard working peoples pocket.
But you can turn all that around just by showing proof of your profitable day trading. I wont hold my breath. Please do not respond you do not need to show proof, it just shows how much an idiot you are.
Man, Jason you are completely 99% fact free and clueless. The only thing you got right is I am sick and tired of scum bags such as yourself suckering people out of their hard earned money by promising fantasy.
I am sorry, but Jason the day of your lies and scamming are over. The days where you make up fake user name and go to sites such as investo lie your ass off pedia.com are over. You have no decency what so ever and will rot in hell for being a scam artist. Trading rooms such as this need to go out of business.
There is a new sherriff in town. Sheriff Emmett
http://screencast.com/t/i2CMxL0t2g
Once again you show no proof the method you are selling can be traded properly. Instead posting lying mother hood statements promising fortunes where you day trade with no losing days or draw downs. Damn!! Where is that Emmett Button. No Emmett Button so I will just type it out.
Either “SHOW PROOF OF PROFITABLE TRADING OR SHUTUP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!” It is that simple. And once again I am sure you will post complete lies and say and do everything but show any proof, which is the only thing that matters. No one here is interested in hearing your promises of fortunes without showing any proof what so ever to back up your ridiculous claims.
Sounds like “Jason”‘s all but shown he’s a plant or fake user name now. Good job RobB. I don’t see a direct website to “Bill’s room”. Must be one of those email quiet deals where one forks up over 5k for some private “vetted and exclusive so it must be good” secret sauce webinars. Yup, these fake names often the vendors or their family/partners themselves can’t pull off their fakery commentary like they do on investi-scamma here. That’s what they all say, backtrack and hedge, takes a lot of time, or “don’t listen to me, try something else” hoping still to get attention from clueless newbs who still think their is something worth forking over for tradeucation chicanery.
Oops. I’d forgotten to remember the review. It’s either expensive mentoring deals, or going for monthly fees and indicators. In this case it’s the expensive mentoring so each prospective client/dupe is important for committed mentoring or “lifetime” deals, and not just keeping up a level of duped new members to a live trading room who quit after a month. I had Preston James and his affiliates keep calling me every six months to try to set me up with some other 8k to 10k mentoring deals. Be careful giving out a phone number as they will hand it over elsewhere and keep calling after you’ve said no. Just amazing online trader central has many sites listed, some already reviewed here. Like another ninja “ecosystem” affiliate list.
Rob B, again your angry because you haven’t found anything that works. And you haven’t found the holy grail. There isn’t a holy grail my friend. You want something that doesn’t exist. I use to be angry too. I use to think there was a conspiracy out there. I just found out that work was the holy grail. Screen time and finding what fits your personality and putting the effort. Stop making excuses and blaming educators for your shortcomings. I feel very bad and sad for you. I don’t think you have the right frame of mind. I know I didn’t. Again your opinion is just yours. I assure you I don’t care where a person goes to get educated. I don’t even encourage most people to spend a single penny on education unless they are ready to make the commitments necessary. You want Emmmet to delete my posts…. Or put some kind of fraud button on my posts?? That is fine by me. Again I don’t serve you or seek your approval. I think you should leave your negativity in your own mind. If I listened to people like you then I would not be in a good place today…. Forget about trading. I am talking about the negativity that you surround your thoughts and mind with. It is unhealthy. I don’t want to banter back and forth …. I gave my 2 cents to those that might need it…and to those that don’t then they can ignore me…. They have the right to read what you have to say and the same right to read my opinions and 2 cents. Its simple my friend…we can agree to have a difference of opinion.
Lastly I want you to seek out one person who will come to this forum and say that they took Bills course and they think its a scam. You wont find one. I know there are people who took his course who did nothing with it….or couldn’t put in the time to make it work….but you won’t find one person who took his course who will say that he is a scam. Your a smart guy… Search all forums and all trading websites and you won’t find one negative review.
So take some time and take me up on that. You will be disappointed to know that there isn’t one negative review out there saying that he is a scam.
“So take some time and take me up on that. You will be disappointed to know that there isn’t one negative review out there saying that he is a scam.”
Jason, I will take you up on that dare, just to further prove what a lying scum bag you are. I did the simplest of searches and found plenty of negative reviews by well respected community members. I could post many, but will just show 2 of them from different sites.
From Big Mike.
http://screencast.com/t/JCqekOuNJ
From Trader Laboratory
Re: Dr. William McDowell
Quote:
Has anyone taken his course or have any input regarding his course?
that’s the worst thing you can do for your hard earned money.
Re: Dr. William McDowell
Quote:
I appreciate your response. Have you actually taken the course or is the comment a statement on all courses in general? Thanx
this comment is in direct reference to the captioned course.
buyers beware.
Jason you are just one lie after the next.
Let me touch on something as well. I definitely do not recommend Bills room… Again I don’t recommend the room…or taking his course..but if your insisting on doing so then know its going to take 9 months to a year to grasp the ideas….
That should satisfy Rob B
Wow, no proof shown; what a shocker. You will not or in reality cannot show any proof of profitable trading. Angry you bet. I am sick of trading room operators coming here and making fake posting as successful students. The one thing all these self-proclaimed student posters have in common is they can never show any proof of profitable trading. Contrary to your statement you are promoting this education program, telling people they just have to work hard and it will work. I say, then show proof of profitable trading using the methods taught. How hard is it to show a redacted broker’s statement? Actually I would not even accept such a statement as it can be faked. You can easily get a hold of Emmett and show a broker’s statement live. How hard is that to do? Do that then I will be satisfied. Nothing else but proof will satisfy me. But for some reason you will not or as I said earlier cannot show any proof. You are just another lying scum bag shill. Many trading rooms and vendors use this same argument to sucker in would be traders. The system works you just have to put in the effort. The problem is people then put in a lot of effort to trade a system that never made money or will ever make money. Anyone dumb enough to buy this education course with no proof of profitably trading from the trading room operator or proof from posters Jason or Bobby who are either the TR operator, his brother or best friend will undoubtedly be scammed.
Jason and Bobby instead of the BS post, SHOW PROOF OF PROFITABLE TRADING. It is not that hard, well in your cases I am sure it actually is impossible.
I do not know why I even waste my time responding to these shill posters. Man Emmett, I do not know how you have the energy to put up with all the trading room scam artist and their fake shill posters.
Hmm, I have an idea. I am so sick of these con artist trading room operators and their self-proclaimed students posting how they are making money, but yet can show no proof what so ever they can trade their method profitable I think it is time for Emmett to create the Emmett Button. The Emmett Button will be a nice Big and Colorful ICON like the Staples Easy Button, that has, “Show Proof or Shut Up” written on it. That way I can just post it as a reply to these con artist posters.
Where is that Emmett Button?????
Rob B who are you? Why would I ever show you my account statements? I don’t understand that. Why would I send anyone over the internet my account statements. Did I ever talk about money in my post? I don’t think so. You seem to be angry. I personally don’t suggest anyone joins Bills room because it is hard work and most traders don’t have that kind of time. Especially if they aren’t totally dedicated. I never talked money or no losing days or how profitable I am. That was not the intent of my post. I was merely letting people know who are looking to get with Bill that the road is long and hard. It isn’t easy. I want people to know that it maybe the hardest thing anyone can do or achieve. I personally don’t care who joins. I don’t want anyone to join. I want to let people know what to expect if they do and If they can’t commit to the hard work necessary or the dedication needed, then they should save their money. I am helping them out. You are mad that I am deterring people who might think its easy? I am just making people aware that this course takes workkkkk….more workkkk…..and more workkk….. Again let me reiterate to everyone here that my only purpose to chime in is let you know that this journey is not and wont be easy.
That’s it. ……nothing more nothing less…….if you think Bills a scam…well that is your opinion.. I don’t defend grown me. I don’t advocate for Bill…. I never recommended his course on this platform or any. All I am saying is that he isn’t a scam. And his style of trading is hard, and it takes work, and it doesn’t come easy.
I will have to clear something up on this review. First Dr. Bills Room is not a trading room. He teaches you how to trade and gives you the path to which to learn to trade. He doesn’t make calls. He doesn’t have you piggyback his trades. He teaches you the process and rigid rules in the basic course, and in the advanced course you develop your own trading method. I know I know, its something no one likes to hear. It takes a lot of work. It takes a lot of time as well. All unattractive to unsuccessful traders….but that’s what it takes to be successful with his method. No one makes it in 3/4 months. You will have to SIM thousands of trades. You’ll have to prove yourself for months before moving to real money trading. You will essentially need to become a master trader. Again this sounds hard to hear. I had problems accepting its going to take a lot of time and hard work. Yet it is worth it at the end. I don’t want to promote Bills room or even rebut the author of this articles claims. It doesn’t matter. Everyone has an opinion. Mine doesn’t even matter. What matters here is what you need to expect from Bill. He is a teacher, and he is there if you need him. Maybe not the best teacher in the world, but his students always help out if you and Bill aren’t in sync. Don’t expect a plug n Play course. It takes work. A lot of work and he admits to that. I can say one thing. His successful students all have the same work ethic. They do what is needed to get where they need to be. Again I am not a shill, promoter, or paid student. Just wanted to leave a note on what to expect if you do decide to work with Bill. Expect to work. Also it is not easy. Never think that it will be. It is freaking hard…. It takes copious amounts of dedication…. I can honestly say it is not for everyone, actually it is not for most people. I can say that he is not a scam for sure, but not for the guy or gal who can’t put in the time and work.
Cheers.
Thanks for the comment! Love differing opinions. And mine is no more, or no less valid than yours.
This is the complete BS I hear so much from Trading Rooms. It makes me sick. And I hear traders all the time that think the reason 95% fail is they did not put in the time. BS BS BS!!!!! The vast majority of day traders I know put in thousands of hours and years and can never trade the crap the Trading Room teaches profitable. You can spend a lifetime and not trade what 99.9% trading room teach profitable. It is all designed to sucker in underfunded traders into micro scalping. In my opinion sets them trying to trade pure noise. Good Luck.
Jason, here is the only thing that matter and that is the trading room operator refused to show any proof they can trade their own method profitably. If they can not trade it profitable you can spend 1000 hours, 10,000 hours or a 1 million hours and you will never be able to trade it profitable either. Basically it is buy our crap and then Good Luck in trading it profitably.
But being your such a success with the method why don’t you show Emmett your brokerage statement and demonstrate how his students, after putting in the effort as you say, can hit it out of the park.
I have no, I mean absolutely zero, doubt what your response will be and I am sure we will not be seeing that proof anytime soon. The same story again and again from all these con artist trading rooms. Seriously no losing days no draw downs. As far as I am concerned you should either provide proof of your amazing success or be taken out and tarred and feathered.
Exactly, this is the same pattern over and over for the last ten years, or however long the online retail trading education industry has been infesting the web. Only rare places like this site and commentary will the unsaid truth be state. It’s always the same. The shuckster will make any excuse. There’s even kool-aid thinking about forum members even on places like BMT/futures.whatever who get sucked into believing the lie about being able to learn from a sim trading vendor. I beginning to think there is no vendor that charges monthly or lifetime fees for a room who can trade a live working method. If they could do so, there would be no vending room; they would be trading by themselves to profit and not have to charge and make up bs methods and indicators to make a living. Even forum members lie to others and themselves putting up so called “journals” of making hundreds of ticks a week which is of course sim only.
Then say nothin Rob B…for your words are completely worthless. Much like Emmet’s.
“if you are having more than one losing day a month, then you should not be trading, you should be learning my methods. In fact, my master trader students are currently experiencing no draw downs, and no losing days. With my methods, you can trade any market without draw downs and no losing days.”
I have posted so many times do not be the fool and posters get angry with me saying how could I call people suckered in by con artist fools. In all those cases I was advising posters to ask for proof of profitable trading and do not be suckered. But in this case, I am sorry, anyone dumb enough to believe that statement above is a COMPLETE FOOL; PERIOD!!!!!! At some point a fool is a fool. How can anyone be stupid enough to believe they will trade with no draw down and no losing days. You would have to be completely void of reality. It gets me so angry!!!!!!! I have nothing more to say.
Rob B., is worthless. Hides behind a PC and posts garbage to destroy businesses. That’s OK biatch…
Really Bobby you think a day trading room showing no proof of profitable trading (in fact disappear when Emmet ask for actual proof) and claiming their master students have no losing days or draw downs is real. And then for proof shows some bogus spreadsheet with a 142 trades per day. What the heck are you drinking? Either you never day traded a day in your live and are completely ignorant to how day trading works or you’re a shill. My guess is the latter. And yes a business based on lies and scams run by a con artist who could not day trade profitably if their lives dependent on it should go out of business.
Well done. I have been wondering about this for a while now. I thought at least he would be showing real trades in some sort of room live of some kind, even in SIM, the way he talks, but apparently not? I think the psychology of wanting to believe a guy like this is a combination of him obviously being older, combined with his extremely bold claims (can’t be all BS RIGHT?), and his ability to talk and talk and talk and talk… Makes you want to believe is somewhat true… That is what pulls me in, though I have never taken the plunge but I can see how some people would and obviously do. Thank you Emmett
Bill has the trusty grandpa voice that you just want to believe so badly. Generally speaking, we have been conditioned into trusting our elders as they have “seen it all”. Another trusty grandpa type that got a poor review would be Woodies CCI Club. Damn old charlatan! The crusty old guy has been around since ticker tape stock quotes. Darn, just realized that I am a crusty old guy as well.
Here’s another “crusty old” voice for y’all. Everyday this senior puts out an after-the-fact video often for a winner of several ES points. http://www.ninjaindicators4u.com/
When asked about it he would just say it “was” the “best” trade of the day. What a shame these seniors are doing this in their “golden” years to supplement their SS. Emmett, you’re just older and wiser, making good use of your second chance and won’t end up like these crusty old charlatans.