Global Trade Room
-
Honesty
(1)
-
Quality
(1)
-
Cost
(1)
-
Support
(1)
-
Verified Trades
(1)
-
User Experience
(1)
Summary
A smoke show of pure BS. Global Trade Room claims 98% winning days and $300,000 in 100% verifiable profits from real trading accounts. Complete and total malarkey. Zero transparency. They refuse to verify any of these wild and outrageous claims of success. Trading room is a complete joke, no trading DOM present on screen, no trading from the charts, all orders are limit in and limit out, all trades are verbal BS. Avoid these shady hustlers.
User Review
( votes)Thanks for reading today’s review of Global Trade Room
Global Trade Room is a day trading room and day trading educational company founded and owned by Simon Joseph, a registered CTA or Commodity Trading Advisor. The day trading room is moderated by Simon Jousef, Sandy Seghal, and Bob “Bang Bang” Amico. The cost of the trading room is a one time fee of $9,850. There is only a one day free trial in which to access the validity of the trading methods that they teach.
The Global Trade Room is also listed as one of Dr. Dean Handley’s “Trading Titans”, in which Dr. Dean Handley supposedly verified that the performance is honest and accurate.
Initial Observation
One of the things I found to be highly interesting is that Simon Joseph is a registered commodity trading advisor or CTA. Why is this important? Because if a person is registered with the NFA, then they better be able to verify every single claim regarding trading performance. The NFA and CFTC (regulatory body) take disclosure and reported performance very seriously for all registered members. In other words, the reported performance claims of Global Trade Room had better be spot-on perfect, else the regulators are coming.
Reported Performance
The Global Trade Room does report performance. In fact, a review of the spreadsheets listed on their website claims that the Global Trade Room made a total net profit of $308,160 trading three contracts per trade, for the year 2014. Also, for the year 2015, Global Trade Room is reporting profits of over $200,000. Where these trades simulated or hypothetical? According to Bob “Bang Bang” Amico, these trades are 100% real and verifiable, and these trades were traded using only live trading accounts. Please watch the following video which confirms…
Bob “Bang Bang” Amico also claims that for the entire year of 2014, the Global Trade Room had only 5 losing days. In other words, the Global Trade Room has winning days over 98% of the time. Pretty impressive numbers. But are they real?
In addition to this outrageously excellent performance, Bob “Bang Bang” Amico also claims to be a pretty big trader, in fact he claims that he usually trades in the 20’s. Meaning that he trades 20 contracts per trade.
How did I collect all of this information? I attended the live trading room sessions for the month of August and the first week of September. Everything that I am writing came directly from the recorded transcripts of the live trading room. Again, I am not making this stuff up. The video does not lie.
As I watched the video and recorded everything that was happening, I could not help but keep thinking about these wild claims of success within the context of a being a fully registered CTA. Once again, a registered CTA better be able to fully verify every single one of these claims, or the regulatory body is going to come down like a mountain of pain. I hope for Simon Joseph’s sake, he can produce the trading records that verify these returns.
Inside the live trading room
The video below shows the typical trade inside of the Global Trade Room.
If you watched the video, you will notice that at no time during the trading day will you see a trading DOM, nor will you see any trading from the charts. Rather, everything is verbal. I personally found it quite confusing as the charts were so small and the trades were typically only a few seconds long.
One of the things I found very unsettling were the consistent use of limit orders for entry and exit. Both Sandy and Bob would quickly declare, “I am in” always on a limit entry and they always got into the trade with no delay. Unfortunately, this is not how the real world of trading works, a person does not simply enter on a limit order. Limit orders take time to fill, yet Sandy and Bob always got their price, always got their fill.
Another problem was the quick scalping exits on limit orders. In particular, Sandy would quickly declare that he got his 10 ticks or 5 ticks with zero delays. He would just howl into the microphone and congratulate himself on yet another winning trade. After every winning trade that Sandy would declare, Bob would immediately begin howling congratulations to Sandy on yet another winning trade.
The whole time, Bob declaring that this was real-time trading, with real money accounts, not the “simulated trash” like the other trading rooms. He also liked to reference Dr. Dean Handley and how Dr. Dean Handley had fully vetted the company and the performance. The whole time that I was listening and recording, I kept thinking about the field day that the CFTC was going to have with this video. These guys better be able to verify every single trade, else there is going to be hell to pay with the regulators.
Verifying Performance
At the end of the long trading day on September 2nd, I sent an email to Bob “Bang Bang” Amico and said that I was ready to send my $9,850. I was excited about the opportunity and could not wait to learn all of the secret trading methods of the Global Trade Room. However, before I sent my $9,850, I just needed to verify that the trades called in the single recorded trading session were real trades(as Bob claimed). I just wanted a screenshot of Bob and Sandy’s consolidated trade report that comes with Ninja Trader. Bob responded with a very curt, “NO”. Bob “Bang Bang” Amico simply blew me off. Bob has no problem declaring that each and every trade is 100% real and verifiable, that the Global Trade Room is the highest-earning trading room on the internet, and a whole host of other wild exaggerations, however, the moment you ask him to verify performance…he turns as slippery as a wet turd.
How could someone simply send these guys $9,850 without verifying performance? It truly amazes me. They claim that they earn over $30,000, every single month. And win over 98% of the trading days. This is by far the most outrageous claim that I have ever witnessed since I began writing these reviews.
What should you do?
These guys claim 100% real trades, with real money accounts. If you are on the fence or thinking about sending these guys $9,850, then you should make them verify these magnificent claims of success. Is verification really such an outrageous request?
I will wrap up this review and speak very candidly. A lot of people have blindly purchased this trading room based upon the implied credibility of Dr. Dean Handley’s “Trading Titans” list. However, in my opinion, the Global Trade Room represents all that is wrong with the trading education industry. These folks are ugly, shady, and outrageously dishonest. I wish I were wrong, and I would love for these jackoffs to prove me wrong by showing account statements, but I am afraid that they are just going to keep on with the scam until the CFTC comes calling. Which I am sure they will, as I have already filed a complaint.
Thanks for reading, and don’t forget to leave your comments below.
And here is the F.B.I. file on Amico.
https://archives.fbi.gov/archives/news/stories/2005/december/operation-quick-flip-1
Guys I was an undercover investigator for years infiltrating these con men.
People ask, “why does Dean Handley hate me?”
I prosecuted these bastards that’s why.
Amicos for their mortgage frauds, Handely for his false statements to the FDA.
Check out page 22 of this lawsuit involving Handley the convicted liar.
http://securities.stanford.edu/filings-documents/1026/SEPR02-01/2006223_r01c_0212338.pdf
You can add con man Handley to the list of losers pretending to be watchdogs.
That would have been like Ted Bundy writing a women’s rights column. LOL
Here is Handley’s fine work.
It is a long legal document but search down for “Handley”
https://casetext.com/case/in-re-sepracor
Court approves CFTC’s settlement with FuturesFX and Simon JousefFuturesFX and Simon Jousef will have to pay $1.3 million in restitution, as well as a civil monetary penalty in the amount of $450,000.
Bob Amico with these people?
Nice respond in return of this matter with solid arguments and describing everything about
that.
Thanks for finally writing about >Global Trade Room – Trading Schools.Org <Loved it!
I got a CFTC subpoena on these guys. I would expect a large some sort of regulatory action coming down the pipeline.
Ӏ think the admin of this web рage is actually working hard for
hіs web site, fⲟr the reason that heгee every stuff is quality based information.
Simon Jousef (not in the video) is the best teacher trader I've ever met.
I trade with Simon every day and have been for a few months. I have brought new traders in as well. Everyone has been using their method, all of us are hugely profitable. If their were scammers Simon was not one of them. Everything is verifiable all trades are protected with stops. This is a training site and a method of trading. I can now put a forex trade in on my own USD.CAD is my preferred as I’m Canadian and get great margin. I have an alert on my entry, I know my stop and I know my exit. This is what I’ve learned and I am so successful at it now that I’m willing to bring friends and family in. What ever issues there were they are not Simon.
Did you find this review helpful? Yes (2) No (16)
It’s quite telling “Andrew Stephen McAllister” with your title “Simon Jousef(not in the video)” which unconsciously means you are not this made-up name but actually Simon himself , or Daryl Swanson per the new review (https://www.tradingschools.org/reviews/the-trader-institute-global-trade-room-dr-dean-handley/) with this old pathetic shill post. Might as well point the CFTC and FBI to Amico ( who owes 23 million in restitution for his mortgate scam )too since you pushed him to make that basement sewer pipe video in response to the outraged victim comments.
Nadina, and all the others who were scammed for 1.3 million. You are VINDICATED. All the shilling and lying by these pathetic shits, sociopaths causing financial damage to churn the new trading newbs every month. Finally justice and exposure is arriving. All the lies and smokescreen (Alex Wassssilllesky, bwhahaha) won’t work anymore on forums. Tradingschools should be actual national treasure instead of the Wolf of wall st. guy. Without this site and Emmet, the dirt and confirmed truth the victims always suspected deep in their hearts after being scammed would have never been exposed to the truth with with their fake and nonexistent trading accounts of which I had long knew after I first ecountered this site finally starting exposing these shamshows. 99.999% of them never had a real trading account, or at best losing old accounts before they became trading educational psychopaths like schooloftrade. This cess industry needs to be shut down with strict new laws requiring live trading to always be available and confirmable with the brokers for any “educational only!” incl. the desk duckers that admit they are education. Well the day is finally here for GTR and good comeback Emmett, against that clown Dean Handley gobbledygook with his AlexWassy fartsmoke. Thanks so much and congrats. Handley indeed is part every trifecta with each of his grand fraud tetons, shamrock crews, and good use of “abode” in the new review, haha!
Hi, I’m still trading with Simons Volume Profile method and using his indicators to make money. He is no longer running his room as he deals with the case, however, there are many over 200 members in the Elite group and we all communicate. I have seen nothing but positivity there and I’m not fake and can easily be found on social media. I now incorporate the DOM order flow for more confirmation, however, I personally am always looking for an edge and incorporating more confirmation. I have taken Urban Forex, Sykes, Warrior Trading, and read many books and Simons technique is still the best I’ve ever used. I get how many people lose their shirts due to not following the process however if you do you will make money. Trading isn’t for everyone. As well Urban forex teaches the same type of trading but without the indicators which make it a lower win rate. They both teach that algos are attracted to large order areas and are also repelled by these areas, and that true S&R are areas where the algos will turn the market. It’s not rocket science it professional trading.
Hey, if it works, and you have found value…then I really happy about that. And if the community is doing well and they enjoy each other, that is a big positive.
You did Warrior Trading? Really curious how that worked out…please describe!
Andrew
Interesting then that CFTC has found him a fraud. Why they must have different criteria. Maybe ever having a live trading account is one of them? As Simon never had one.
rapport the scams here
https://forms.cftc.gov/Forms/TipsAndComplaints.aspx
Veritasfuturestrading.com ,,,bob amico
lol, looks like Sandy and Amico split. Where Seaghal kept TFIA and the Handly grand teton “trophy”, lol.
http://www.tradingfuturesinaction.com/meet-the-team
So the “veritas” results show a profit in the month just after this original review and shenanigans as seen in the old comments here, then suddenly big whopper gain in Jan. 2016 and after, lol.
Too bad that baseball cap weaing long haired under the basement sewer pipes video Amico did for Simonsez GTR is gone. That video was a keeper, lol.
So now it’s dom after dom, of “hyptothetical” results. Any current members want to inform whether those results reflect the veritas p/l graph or it’s fill in after hours or hyptothetical backtest only? /w ninja set up to show the dom with its color and renaming options to make it look like a “live” account dom? probably the oldest known trick of NT in support of the shams.
I hope Emmett wasn’t vigged by either of them to stay away.
It would surely be entertaining for a follow up review of either TFIA or now “Veritas” with it’s never lose upgraph. Man with that kind of “performance” a trader would already be at GS or trading for himself not having to do a silly shamshow of hypotheticals, lol.
oh yeah, thepricing, the usual monthly churn bs:
$400/month, $1k/quarterly, $1900/half-year,$3500/yearly.
(i.e., RobB’s lion barfing pic. one of my favorites)
Also, on the main TFIA page, it links to a recent Handly video review of “felons/criminals” of the industry trying to catch up to tradingschools bar-setting of more truthful reviewing. The underlined “video” link actually leads to a second right after Handly criticizes only tradingschools better reviews of B2 and Soares while conveniently ignoring the over 100 reviews that helped stopped new clients from being duped unlike Handley’s own shilling cessmess causing so much financial pain to dupes just for his lousy grubbing vig deals and his stinky rushomre tetons.
http://www.youtube.com/watch?v=hEUBDJCx7vA&t=321s
So actually linking to Handly’s words on Emmett without trying to seem like it, pathetic.
Laughably Handly also piles on David Kuvelas which is lame because any sham vs. sham can easily pile on Kuvelas by default, the craziest raging-ranting shamshow clown ever.
Sure looks like Bob booted Sandy after he helped build up a few hundred fool payers for Bobs mystical magic.
Trading Futures In Action does appear to be Sandy’s dog and Veritas Futures Trading is Bob Amico planetary magic. Market/ Volume profile BS that does not work
Did bang bang ever pay the mortgage fraud people
Speaking of POS scam artists…I think Emmett takes the cake. Nice Job Emmett on this rave review of just how trustworthy and honest your endorsements are…who’d listen to a fraudulent con artist such as yourself…just idiots who can’t think for themselves.
http://tradingschools.info/2015/08/05/a-review-of-emmett-moore/
http://thetraderinstitute.com/ is the new Simon website
Emmett, would you consider reviewing and/or offering Dean’s Titans the Robot? You’ve already reviewed 3 of them, as far as I know (emini volume, Global, and CFRN). Would you be inerested in at least approaching the others? Thanks for your hard work and honesty. You have really changed this industry for those of us who have found you.
Can anyone recommend the online trading software, which works perfectly without loss of money. I am in doubt, if everyone will use this kind of trading software where no one losses money then how someone will earn. In trading, someone makes money when someone else losses it.
If this post is true, it sheds more light as seen in the youtube video by the tradingpriceactioninfutures guy. http://www.elitetrader.com/et/index.php?threads/a-list-of-all-scam-unregulated-3rd-party-educational-vendors.212110/page-104#post-4242447
https://youtu.be/WYSkTPaHEh8
Absolutely agreed with this, Knowledge is increased when shared.
It takes lot of time when going through this kind of article but it helps.
Robert Amico’s TradingFuturesinaction.com has officially been dropped by Ninja Trader as a third part partner. No surprise as I predicted this would happen weeks ago.
Wow. Dr. Dean Handley responds to the “kitchen” video review youtube video with his own.
Mentioning tradingschools.org at the five minute mark as an indirect rebuttal to the earlier comments and video link here.
https://youtu.be/3qN4-tRJd3I?t=5m8s
https://youtu.be/3qN4-tRJd3I
I can not even see how this guy earned a Ph.D. He can not even get his chart right. He put 4 months old under GTR instead of Trading Schools.net
http://screencast.com/t/5tacway0R
But on top of that his argument is non sense. The only thing that shows is that GTR has been ripping people off for 2 years. It shows nothing about the accuracy of Emmett’s review.
Dr. Dean for the 1 million time, I dare you to show any proof you took live trades and those live trade results for those trading titans room and made a dime. Every single person I know that has tried one of your Trading Titans has lost money. In fact Simon has admitted he does not even trade live. As far as I am concerned you are one of the worst swindlers out there by pretending to be this honest 3rd party evaluator. I dare you show PROOF of your claims!!!!!!!
Yep, I bet Bob hasn’t reported income to the State of Georgia from the scam trade room !!
Please everyone ! If you will just call that Amico probation officer , refer them to what is going on with these scams we may get the State of Georgia to investigate the entire Simon Josef Fraud / Bob Amico Fraud !
This morning, via FedEx, I received a cease and desist letter from Robert J. Amico’s Atlanta attorney threatening a lawsuit based on tortious Interference. I laughed out loud so much, I started to get heart palpitations. After calming down, I sat at my computer and sent the lawyer a short but sweet history and background on his client, because I truly believe he didn’t have a clue that Robert J. Amico, who runs and operates http://www.futurestradinginaction.com, is an admitted felon who ran one of the largest mortgage fraud operations in the State of New York and did 8 years in prison and has over $15 million in restitution to pay.
It wouldn’t surprise me if Robert J. Amico withheld this little detail from his lawyer.
Join the club! I get them all the time.
You must be really getting under his skin.
Not sure what you are doing, but no doubt its working…
For those of you having trouble downloading the link from sendspace, this may be better.
[IMG]http://i64.tinypic.com/1xxmab.jpg[/IMG]
Here’s proof the Bob in the room is the same Bob who lives in Atlanta. He denied it to a few important people in the futures industry and will most likely lose his partnership with Ninja. THE PROFIT Group already pulled the plug on the auto trading venture for subscribers who didn’t wish to try to take 15 calls in 10 markets in 30 seconds for 3 ticks LOL.
https://www.sendspace.com/file/fkcex1
Don’t mislead…If you trade Sim Tell people you are TRADING SIM and tell people that your trade statements will not be provided for verification. Don’t pretend you are trading real money when you are not trading real money. All we need to do if put a statement on the website and say SIM TRADING and no verified trade statements will be provided.
Funny I posted twice up here yesterday and see nothing .
Said nothing vulgar just stated some demands …
Did you have links? I noticed if you have links it requires moderation.
Abdul, Dimitri, Shill of the Month …
We are living in the past because your buddy took our money and threw us out of his room because we questioned his authenticity.
You ever buy a TV and it breaks but is still under warranty? Does the store or manufacturer say, screw you we are not honoring it go buy another TV?
Many of those thrown out were only in the room for less than a year.
Its very clear ….
Simon room sales are sucking ass because of this thread. That is clear.
Simon changed the format of the room because of this thread. That is clear.
Simon wants retribution because he changed things. That is clear.
So I will make this clear ….
Simon, you want to redeem yourself……
1. Admit what went on in the room from 2013 – 2015 with You, Bob & Sandy was wrong
2. Admit you knew Bob was a Mail & Mortgage Fraudster
3. Admit the endorsement to Trade Titans was nothing but a marketing Scheme engineered by Dr. Dean Handley .
4. Admit YOUR WRONG DOINGS !!! PERIOD !
That is the only thing that will stop us.
I will also be very clear. This is not the only website that records all the antics of Simon Jousef Fraud A.P.
So dont think getting an upgraded review from Emmett will change your internet reputation anytime soon.
Lastly, all of the members you took money from and booted from your room are still waiting for an invite back.
This new room is so improved from when Bob & Sandy were there, then let us check it out . We paid for it.
What are you afraid of?
So my issue is whether this site is even credible anymore.
The review above begins with names that have no affiliation with the Gtr. Bob amico and sandy sehgal.
FYI they don’t exist anymore.
How can a site that screams about credibility, transparency and Honesty continue to display a false review that has no merit as of today.
I like what Emmett is doing but when you provide inaccurate info for a review that is currently posted who’s to say how many of the other reviews are credible.
If I was a consumer I would expect up to date accurate info that portrays the current status and situation of any specific product.
Not out out of date information that keeps you living in the past! Life is about moving forward!
This is why we overlook Emmetts past, we are displaying our ability to move forward.
But hold on a sec…
It seems all the Gtr haters in this blog or review or whatever you wana call it enjoy living in the past. Hence the inability to move forward.
Simon is a liar, cheater, thief, illusionist and a pompous degenerate. I think i covered most of’em.
Simon is a businessman. In being a businessman he has offered services to the public who can afford to pay for them.
Simon is using specific tools in the markets to trade sim or live doesn’t matter in my opinion.
Fact is he is sharing those exact same tools that he uses. Did you expect them for free?
It seems you people thought you were paying for a high priced prostitute who would stick his hand in your ass and control you like a puppet. You expect him to control your trigger fingers, emotions, psychology, and thinking ability to take trades altogether.
In reality he is showing you the tools that he utilizes to take his trades. Why does everyone in here choose to blame Simon for their own deficiencies.
Learn the profile, that’s all he keeps saying. Everyone is different in how they may apply it.
Learn the profile, learn the profile, learn the profile.
Take Simons hand out of your ass and learn the profile.
You people seem to forget the biggest part of trading is being PATIENT, take your losses when necessary and MOVE ON.
You must forget about the past take the next trade and the next and the next applying your own style of utilizing the profile. It’s really that simple.
It amazes me how many of you talk so much negative nonsense that stems from the past. How do you expect to move forward ???
Well let me tell you Simon and the GTR is moving forward, the proof is in the pudding.
As this review falsely claims at the top bob and sandy are dead to the Gtr, why are they still even mentioned?
Ok so you don’t like Simon, well what do you know, Simon gives you other options.
Wow would you believe such an egotistical narcissistical human being would give you the option of learning from any one of the other traders he has chosen to be part of his team.
Let me introduce them to you haters.
You got Jay, this guy is reinforcing the profile at nite defining critical areas that you can trade for yourself the following day with specific rules to get in the trade in the first place. Showing you how to identify the huge stops of 5-10 ticks. (That is such a big stop)
Then you got Franck, this guy is like some kind of encyclopedia or next generation mathematical wiz.
He is opening a new opportunity in options for those with much smaller risk tolerance and smaller accounts.
Did I forget to mention that there is a Skype room where traders are actually allowed to speak to one another regarding their own personal thoughts about the markets and possible trades to take utilizing the same methods taught by Simon?
Then you have the videos of past recordings where Simon has spent countless hours demonstrating the use of his tools to navigate the markets.
what a horrible businessman and human being Simon is. He is providing his students with the opportunity to build their skills in 4 different ways where he is not involve in 4 out of 4. Where you have the ability to learn from 3 different traders with their own unique outlook on how to apply the profile.
Example after example of how the profile can be utilized to produce a unique edge for each individual trader who is willing to think independently and apply the methods according to their own risk tolerance and knowledge of the markets.
I can’t believe Simon would do such a thing!!
In conclusion — Emmett you need to reinstate the credibility of this site by first removing the review you have posted.
It is 100% false as to the current state of the Gtr. In my opinion it is defeating the purpose of this site that preaches higher moral and ethical standards of trading room moderators. It is complete hypocrisy at this point on your part Emmett.
Please redeem yourself and remove or re evaluate the Gtr. That is what is right and fair.
As for the haters — and yes haters love to hate— that’s why so many do not achieve success by the way.
Take out Simons or whoever the new moderators hand is out of your ass stop being puppets.
Learn to take the best of what is being taught by the moderator and apply according to your own personality.
Of course it will be confusing and frustrating at times but this just means you are about to learn something.
Learn patience which I am also guilty of. But this is what we need. Work hard, be patient and then work harder and focus on the task at hand.
Success will come. And that’s The Truth !!!
Hi Abdul,
The old review has an update link, so new readers will be directed to that link.
I feel that its important to keep old reviews, combined with new reviews is because it provides contrast and a working history of how things are changing for the better or worse. In due time, everything will work itself out and become clear.
@Abdul. Be quiet Dimitri you fool.
http://www.futuresinaction.com appears to be down….maybe Bang Bang forgot to pay the monthly hosting.
That’s not the website.
Buy/sell now…yep..to late I’m out with 20 pips
So same old Bob then?
Playing the same game as he did in GTR?
Lies. fabrications, late calls impossible to catch. When you complain he presumably does the same, tells you that you are stupid and need to study and to ” ask for help humbly”?
Yes. It sounds like good old Bob. Except he is invisible now. And possibly less arrogant. Keeps a low profile. Open blatant arrogance has been taken down ( by us). Hopes he can own a trade room and make calls in it without people asking who he is.
I watched jake post trades in his room and he put all other to shame. Keep your eye out for jake.
Bob Amico’s new room http://www.tradingfuturesinaction.com is an extension of the shenanigans he played with Global. Amico lies through his teeth in the room claiming (1), he always shows a DOM (only sometimes); (2) he calls trades in advance in time to get in them (not easily done since the price has already moved in his favor AFTER he announces it, and (3) perhaps the biggest lie of all; namely, he’s “trading his own live, real money account as shown in his projected DOM with 100% transparency.”
After an in depth investigation with Dorman Trading and Ninja Trader, I learned the account depicted in Amico’s DOM was indeed a Sim (not real money) account and doctored up to appear as though it was a live, real money one with Dorman Trading. When Amico was confronted via emai whether the DOM he displayed in the room was real money–as he stated multiple times each day–or Sim, he danced around the question every which way he could with answers that weren’t relevant and finally stopped the email dialogue never answering after multiple attempts by me to get a simple yes or no to this straightforward question..
Some say a leopard doesn’t change his spots and in this case, I conclude Amico is back to doing what he does best–lying to separate aspiring traders from their money.
My advice is to stay away from http://www.futuresinaction.com. There is no transparency, only deceit.
There is a guy in the background jake that does the only real trading. All the other trades are BS
Simon Yousef is such a fucking penny pinching scumbag. He has already earned $ millions of dollars from his Global fraud room. now the new memberships have dried up he needs to con the members that have already paid $8 to10k for more money.
This guy needs stopping.
Anyone who thinks he trades, it reads very clearly sim on his charts, wake the fuck up!! ask him for his live trade results in a live session and watch him squirm like the rat he is.
Seems Simon is now offering GTR members discounts on services provided by the staff.
Need technical help?
Screw you, your 10k dont cover it. Go ask Gomi for help for $XXX / hour.
Need psychological help (you probably do since you paid 10k for this)?
Screw you , your 10k dont cover it. Go ask Mark for help for $XXX /hour.
Need a Stock Trading room ?
Screw you, your 10k dont cover it. Go sign up for Francks stock trading room for $XXX.
But as a GTR member, you get a discount on all these great services.
Dont you see how Simon is looking out for his members and providing great value?
Simon Jousef Fraud A.P.
So everything is so much better, that everyone can bill GTR clients for their services independently .
Sounds to me like someone not getting the new membership to support the staff .
Keep up the great work folks, this site is doing what it should.
I have started restructuring things to continue to improve our GTR Room’s Trading and Education – most of you have expressed how you’ve enjoyed the recent changes and benefited from them already.
To update you on further developments, moving forward:
I am planning to work with Franck and help him start his own Options Trading room under the GTR umbrella. He has proven to be very good in that department as well — his calls and results have been fantastic.
Mark Selfin also has been good to us and has helped a number of our students on his own time. I have therefore negotiated exclusive rates for his consulting services, available only to our members, reflecting prices which I think are extremely reasonable. Please visit psych-coaching for a description of Mark’s prices and services available to all of our GTR members.
Gomi has worked untiringly to support our old and new members, but we have realized that as we grow, that his services and time have made him overstretched. Therefore, moving forward, and in order to better serve individual member requests for his support specifically with regards to setting up platforms, profiles and the like, we have negotiated with him the following rate schedule (for our members only):
$75 USD for one hour of Gomi’s support time
$125 USD for a 2-hour timeslot Support
and $200 USD for a 4-hour session
We recommend setting up specific appointment times with Gomi – as with Mark – for any one-on-one time with either of them.
Gomi shall remain available in our Tech Support Skype team of course, for general questions.
We remind you that our Tech Support Skype Room itself is a great tool to ask general questions and to get answers from many of our members, many of whom have experienced the same situations when they first-joined and set up the profile for themselves, in either NT or in SC.
For platform-specific technology questions, we recommend that you continue to make use of your Platform-provider tech support teams and contact them directly via email, and/or visit their own FAQ resources online.
We look forward to growing GTR and to continue offering you services as they become available, services that will enable you to become the best trader possible according to each’s specific needs.
With ongoing wishes – ‘see you very soon in all our Sessions!
Simon
Hello, i am going to try the FREE week trail with Bob and Sandy at TFIA. I really don’t care one bit who the traders are as long as they call out trades in advance and can be profitable. I will report back!!
So basically this blog is all based on a fake review by the author. And a bunch of fake comments followed by fake names and fake email addresses. That’s real class. I have been a student of GTR’s for over 8 years. How you can watch someone trade live in front of you in real time, and call it a fraud is beyond me. Think I’m lying go to the link for a free trial and make your own decisions FREE TRIAL http://globaltraderoom.com/free-trials/ OR Better yet, watch the videos from the last 2-3 weeks and see that every trade is showing up on the screen live in front of youas it happens https://www.youtube.com/user/GTRFuturesLiveRoom/videos There’s all the proof. No denying that. You can bash here all you want behind your fake names and emails, but live videos and live trials do not lie.
I feel for you Roger, you are as deluded as your employee Simon.
Roger,
Live Videos and Live Trails is not the same as Live Trades!!!!! I am so sick of the BS family and friends shills that post advertising crap instead of showing ANY evidence of profitable trading what so ever. Read my posts!!!! I clearly showed concrete evidence GTR is nothing more than a circus act designed to take money from the naive investor.
Unless you are a complete moron it is obvious they are sim trading and as I clearly showed in my previous posts this room is complete illusion, using all the following tactics:
1) Simulator set to take touches and only allows positive slippage even when trading pre-market. I clearly showed their pre-market trades where there is no slippage even on instruments such as NQ where you are almost guaranteed 2 ticks of slippage pre-market,
2) As I clearly showed in my previous post they are not even documenting the trade results accurately. As I clearly showed they reported a trade with a 21 tick loss that I calculate would have been a 54 tick loss. There whole track record is a complete fantasy,
3) They are adding CL ticks with NQ and other instruments with different tick value (complete non sense). You could be up 99 ticks and still lose money using this logic.
4) After taking several losing trades they removed their chart trader and went to just hitting the market closes button, which can have HUGH slippage and of course no slippage is ever shown,
If Simon is not willing to trade his crap method live why would anyone else. If you want to be transparent as you self–proclaim then show all trades with chart trader on, accurately document the results straight from your brokerage trades showing the true entries and exits, and then open up your brokerage account showing you actually got those entries and exits.
But you cannot do that because GTR is a complete scam and in a million years Simon could not trade his method profitable and refuse to show any proof he can.
Sadly facts and reality do not seem to matter. I was just Skyping with someone yesterday and they do not want to hear the truth. They just wanted to drink the Kool-Aid and believe in the miracle. So I guess there are plenty of suckers you can scam. For Goodness sake, Do not be the “FOOL”!! Demand real proof they can trade profitably before spending a dime on this joke room.
And Roger if you cannot explain this complete BS and show a real certified or live Brokerage Statement then you need to SHUT UP!! I am sick of the BS lies and hope all of you are thrown in jail together.
One shouldn’t be afraid to tell it like it is, isn’t that transparency?
I’ll tell you I’ve lost over $30,000 since I’ve been in this room. I don’t doubt Simon is a good trader and well intentioned, I have the utmost respect for him, but some days he is totally off and they can be devastating. I have studied and studied. The education system is totally disorganized and confusing. Yes, I would like a refund. I would guess there are many more people like me.
I’m not trading anymore, have devastated my retirement savings. Simon, I admit I wouldn’t have lost so much if I would have quit your room earlier. I accept responsibility for that, but how many have asked for a refund? Add me to that list. This is not the room I signed up for, nor did it produce the results that was
Here comes Bang Bang
I only took a couple of bucks from a couple of people. I shared the wealth. They love me in Rochester NY. Many people wanted me to run for mayor.
Any clue who this jake dude is?
No way to duplicate their trades. 2o markets you need 5 guys min. I have tried to duplicate their trades and there is no way. I you can duplicate is 2-3 trades. As far as giving a trades in advance its a joke. Ok buy now …ok i’m out ..i’m in cl…ok i’m out complete BS
Bob came on her to preach how his new room would be the most ”honest and transparent room out there ”
Everyone deserves a second chance to redeem themselves ( to a certain extent ).
It just makes me laugh to now see him trying to distance himself from his new room , hahahahahahahah!, what a fucking dirty little rat. he would try anything to get a monthly fee.
Bob, you kept your word on one of your promises…… you have made yourself ”Transparent” well done!
Thanks for the update all ..
He is no doubt trying to guard this new trading room from his checkered past.
If you dig around the site, every reference to Bob Amico has been removed.
Bringing Transparency, Honesty & Integrity to the trading room business but as long as it does not involved Robert Amico Mortgage & Mail Fraud disclosure, or the fact you defrauded hundreds while at GTR with wild claims of profits.
Simon Jousef Fraud A.P. ( Now a changed man)
Bob Amico Mortgage Fraud (Now an invisible man)
Dr. Dean Handley Fraud Titans (Still a Slob in a Ralph Kramden Apartment)
I was in the trials a few and their calls are BS. There is a person that comes in and posts trades in the chat and was calling trades a lot better an the room calls. But since they did away with the chat box you don’t see this persons calls. I think the persons name was jay or jake. Maybe they did away with the chat box because this person was making better trades than the room.
FFIA, yes, Bob Amico is still there and when questioned about the website having ZER0 mention of his name, unlike the previous one–which had an in depth bio of his trading history with photo (sans mentioning his Felony admission) he said the website is “rebuilding.” His email, Skype ID and home phone number are still the main contact vehicles for the business. I also find it interesting that Dr Handley must have accommodated Mr. Amico’s request to have his name removed from Handley’s glowing review while now mentioning Sandy the sidekick only as if he is the lead trader.
Time will tell if this isn’t a deliberate attempt to have Mr. Amico invisible in print but still running the business and making all the trade calls. Given all the hits Emmitt’s website gets and it high Google ranking, I think Mr. Amico is at best a bit naïve and at worst, delusional thinking he can sleep under the Internet’s radar.
They did away with the chat because a person named Jake was showing up their trades.
That guy was really making them look bad.
Very interesting Barry.
I’m curious if he is still there or perhaps he split from there also.
If he is still there, that is a complete disgrace.
“Robert Amico Mortgage Fraud” in google
returns a boatload of threads.
Its not like he flipped a couple condos and wrote a few bad loans.
This was huge elaborate scam.
What is even more of a joke, Bob’s Mortgage Fraud antics happened in the Rochester NY area and Simon Jousef lives in Guelph Canada.
Look at how close in proximity Guelph & Rochester are.
Would love to hear if old Mortgage Fraud Bob is still involved with that new place….
Simon Jousef Fraud A.P.
Bob Amico Mortgage Fraud
Dr. Dean Handley Fraud Titans
Unfortunately, Amico’s pledge for total transparency in his new venture, trading futures in action.com isn’t getting very far. The new website conveniently has no mention of Mr. Amico in the Meet the Team tab. Apparently he doesn’t want Google searchers to easily learn he is the head trader, let alone owning the business. It just goes to show he feels he has something to hide with respect to his admission of guilt of federal grand mortgage fraud, a seriously felony.
http://www.tradingfuturesinaction.com/#!meet-the-team/c1n8o
Those who were wiling to give him the benefit of the doubt and hope he turned over a new leaf should seriously reconsider.
I have to expand upon my previous comment regarding the “New Improved GTR”. I decided to look closer at the GTR recording for 2/2/2106 to see the new circus act. What a complete joke and that is being kind. I do not even know where to begin. Trading pre-market and if they get slippage it is only positive slippage, complete inaccurate recording of the results, trades where the chart markers are removed and he then just hits stop market and still gets no slippage. Give me a BREAK!!!!!
And if that is not bad enough they add ticks from CL with NQ and report 99 ticks. You cannot do that. With that accounting you could make 99 ticks and lost money. NQ is $5.00 a tick and cannot be added with CL ticks. It is done as part of the illusion for people think $10 a tick or maybe even $12.5 a tick and then they think GTR made $1,000 that day.
I am going to go through in details one of their trades just to show what a complete smoke and mirror the posted results are. The only way to truly know what results you would get is to trade these calls live but from what I saw in a million years I would not do that with my money. So I am going to give an educated approximation of what the real results would be for one of their trades and if they are lying about one trade you can be sure they are lying about all their trades. If anyone want to make an intelligent argument against my approximation, please do so.
As I mentioned previously, on the later NQ trades he pulls the orders from the chart and just hits the close market button. Doing that would have lots of slippage. I am not even going to discuss that crap.
I am going to focus on the 2nd NQ trade taken at 8:24AM as it was a loss and he used stop market order so it is easier to analyze the trade than some trade he hits the close button on.
Here is GTR posted results:
http://screencast.com/t/DRkCKXIQIy
First, lets have a Reality Check. You are not going to be trading NQ with a stop market and never get slippage. Worst this trade is pre market. I personally do not trade NQ but I am guessing pre-market on a stop loss order you are likely to get 2 ticks of slippage per contract. If any NQ traders disagree please speak up.
Where do I even begin with the errors? First the entry GTR shows of 4245 is wrong. Maybe they meant 4254, but that would also be wrong. And even his stop of 4253 is wrong. It is just all made up crap. Let actually look at the real entries and exits. As you can see from the screenshot below his entry was 6 contracts at 4254.50 and his stop was 4252.75. He never changes that stop throughout the trade.
http://screencast.com/t/E1Z0Q83mZ
Just to show proof, here is the screenshot right before the stop out with the price 1 tick from his stop
http://screencast.com/t/qF1wqUK0q
So the number he is posting are total wrong, So let’s do the math and see what the real results would have been”
4254.5 – 4252.75 = 1.75 Points Loss or 7 Tick / Contract Loss X 6 Contracts = – 42 tick without slippage. And I believe premarket on NQ you are likely to see 2 tick of slippage per contract; 6 contracts x 2 ticks of slippage = -12 ticks loss in slippage. This comes to total of -54 ticks loss on this trade alone. And I am not even including commissions paid on 6 contracts. Yet they show a -21 tick loss. Give me a break. Why not just report a +21 tick Gain.
This is the difference in a BS simulator set for no or only positive slippage and real world trading. And even there his numbers are not even accurate. You combine this with the trades where the targets are removed from the chart and who knows what the real results are.
I am sorry but anyone believing this GTR circus needs to have their head examined. It is obvious Simon is not trading live to anyone and there is a reason why. Anyone saying this room is legit you better show some real proof. The more I look at this complete smoke and mirror BS the sicker I get.
Maybe someone with money to burn will take this trades live and record the whole session to compare their results with real results. From what I have seen the difference will be shocking
Simon Yousef is a master illusionist and a very deluded conman. When you are dealing with someone so delusional they will be very convincing because they will even believe there own lies.
For any of his members that believe in his methods but are not getting the same results as he ”claims” to be getting, you can just do a few simple things.
Write down the amount of ticks he claims to have made over a 2 or 3 week period. after that time has passed compare that with your own tick count that you have followed in his room, if you have something similar then Simon has made a miraculous recovery and good lick to you. If its way off from his claims ( which i guarantee it will be ) kindly ask him to show you his Ninjatrader Trade records on his Live account ( not a a fucking Excel spreadsheet, like he does ) There should be no reason at all for him to NOT show you. if you are a paid member then its the least he can do. Simon …if you read this, come clean and prove your 3 weeks worth of trades that match your inflated Excel spreadsheets.
It is as it has ever been.
Evidence on our out side. Delusion and fantasy on theirs
They post something unsupportable. We dissect it and throw it down the drain with the evidence to back it up.
When investigators come they will look for facts. Not fantasy.
Want to prove us wrong? Statments please! Over a period of time, straight from the trading platform. No fantasy or doctoring allowed.
Also lets hear the quiet majority. The long suffering members who are not plants. Post your experiences here guys. Under a different name if need be (or you will get chucked out like we were). Let us know the truth. That is all we want. Post facts. Exactly what happened. He called a trade – how many times over? How many attempts lost? Did he show hart trader or not ( as he seems to be doing it when it suits him not all the time). Give us the truth. Give it to yourselves. You paid enough. We all did. Lets sort this out once for all backed by statements, not by posting on you tube once in a blue moon when he had a 200-tick day.
These guys at GTR are full of shit. I’m a veteran trader on the CME and these rooms are typically full of idiots who can’t actually trade, but scam others in educational fees. DO NOT GIVE THEM YOUR ATTENTION OR MONEY !
READ THE TAPE, FOLLOW THE FLOW, MANAGE YOUR RISK = MAKE A LIVING !
Fine I have no problem with him getting stopped out as long as everything is posted honestly. So let’s look at that post:
http://screencast.com/t/A8gqVclKu8
According to that post he lost -16 ticks on that trade. I have traded CL for year and on a stop market order you will get on average of 1 tick slippage. Therefore I would expect the loss on this trade to be 43-37 =6 tick loss per contract + 1 tick slippage x 3 Cars = -21 ticks. Yet he shows -16 ticks. He not only did not get slippage he got positive slippage. Is it humanly possible to get positive slippage sure, but very very rare. So he is posting results that are 23% better than reality (21-16)/21 = 23% . This is the difference in looking like a brilliant profitable trader and a complete loser trader.
Then I looked at the other trades on his sheet as he posted (his numers) and all have no slippage or positive slippage. Even TF as shown below no slippage.
http://screencast.com/t/K9Mh6cZqC
How many people trade TF and get no slippage on stop market orders.
I cannot believe they think people are this stupid. Heck maybe they are, I do not know. This is pure fantasy. I can make a bunch of BS Sim trades and show positive or no slippage and look like a brilliant trader. It is completely ridiculous.
I am so sick of the BS family and friends shills that post here. If you cannot explain this complete BS and show a real certified or live Brokerage Statement then you need to SHUT UP!! I am sick of the BS lies and hope all of you are thrown in jail together.
I read these post on how GTR is now this honest site showing their chart trader. So even though I am busy day trading during the day I put GTR up on my other computer. I only had time to capture one trade. But from what I saw it was just complete BS. I am so sick of these low life shills posting positive reviews with no facts what so ever to back up their lies. Here is the one trade I captured and if this trade was complete BS my guess is so are the rest. Here is the start of his trade:
http://screencast.com/t/T8QvujIc4cI
3 Cars Long at 30.43; 2 targets at 30.47 (4 whole ticks) and the final target at 30.79. Stop loss at 30.35.
Trade goes against him so he moves SL to 30.37 as shown below and gets stopped out.
http://screencast.com/t/aefuaMWUDa
Apparently this site thinks you are spamming if you include too many links so I have to continue in another post
Funny thing is that he calls this trade a winner!
I was in the trial today for about 90 minutes.
All I witnessed was the typical stuff that has been going on in here for years.
Simon was talking about going short at 30.55 the entire time I was in there.
When price blew through 30.55, and went to 30.68, he called it off and said ‘oh no crude is going up now . We need to look for a long.’
Then he took a long after a pullback at about 30.43-44 not sure exactly as the call was typical BUY now bullshit.
He kept saying take 30.49 (4 ticks), it never got there (may be in SIM) then proceeded to blow through his stop at 30.37.
Then as usual, Simon droned on how it went 4 ticks, but he did not take his target, and how he seen it and knew it would go through there for 4 ticks.
Then he said crude has changed and now is bullish. He knows this because once you know how to read profile like he does you know.
Where is Crude now? 30.10, thought it was going bullish because you seen it in the profile?
He mentioned how he educates everyone in the mornings on where the markets will go based on this wonderful methodology he has and if you learn it you can make trades just like the one we seen get stopped out for 6 ticks.
He showed his trades for the morning a couple of times, and it looked like all the CL trades he took were full stop outs. He did have a couple NQ trades that I was not in the room to witness, but he claims he got 82 & 40+ and that he was up like 125 ticks or some bullshit of that sort.
I find it amazing how its always the NQ or YM (both of which are thin and only $5 / tick half that of CL or GC), are the trades he claims all his success . Bang bang Bob pulls the same garbage.
These are markets absolutely impossible to get filled efficiently and are the easiest to bullshit people especially when you’re not showing a DOM or Chart Trader.
There was the typical comments in the chat about how wonderful the room is now since the format was changed back in Nov.
A number of comments referencing this thread and how it was hard to believe how negative it was seeing how clearly Simon was calling trades, seemed unjustified.,
The view of the actual chat box is now filtered and all that is present is what the moderator wants to post. Pretty convenient for the trial.
I not once witnessed a Chart Trader or DOM present during any of the calls he made.
There was plenty of reference how Simon closed things down in Jan to change things for the better with his staff. To me looks like they did not do shit except remove the chat box so everyone cant see people bitching and moaning at him.
For the most part, Simon seems extremely pleased with himself (No surprise as the guy is an egotistical dickhead), with the changes that were made.
Being very objective on what I witnessed today, there was nothing different being done in this room.
Here is what has changed:
1. No Bob & Sandy
2. No screaming trades out at random times
3. No Visable chat box to see others comments
What has not changed:
1. Murky calls and claims of 3-5 tick profits before a stop gets taken
2. Continued sermons of how great a trader Simon is
3.Claims of how Simon knows where the market is going by reading profile like he does
4. Shills and plants in the chat room boasting and praising
5.plenty of funny “Too tha Teek” quotes
6.Plotted trading levels that never get executed on but are always referenced later on as levels that Simon told you about ..
Clearly nothing has changed and do not feel another review is necessary .
Emmett, save your energy. The room or Simon has not changed one bit.
Anyone posting otherwise, can in no way be real or have any experience with this trade room in the past.
I was also in the trial (the full trial) today and saw the initial stop-out on CL.
I also saw the two winning trades on the NQ. To suggest that NQ is too thin to get decent fills on is bs. Both of the NQ trades (and the CL one) you said you watched had the chart trader on . The ticks made on those trades were reflected accurately.
Your review is a typical one from someone who loves to hate on the GTR room.
For all the rooms faults, it has made changes for the better.
Your response it typical of the shills who come in here justifying things.
I expected one of the minions would be posting today in full support.
Its pretty much what you have to do on that sinking ship.
All any of us want is proof.
Its not much to ask for .
All we get is claims of change, and new hope.
There are a ton of old members who have been tossed out, lynched or treated unfairly.. They all deserve a chance to be let back in as they paid for a membership and thrown out unjustifiably.
And if things are changing for the better, then let these folks back in and let them judge for themselves.
I know they will never be let these people back in because things have not changed.
I clearly stated I was not in the room the entire time.
What I did say, from the time I was in there, I seen nothing new and Simon acted the same way he did before when a trade blew up.
As a trader for over 20 years, the NQ and YM are extremely hard markets to get EFFICIENT fills. That is what I said. I never said it was impossible.
I also said that fact is, NQ & YM are the easiest markets to bullshit people on fills and execution because they are so thin. I never said he did not get the trades , only stated a known fact of how these scumbags bullshitted people in the past with executions on NQ & YM trades in the past.
So Chris, Dimitri, Simon, whoever the hell you are , I stand behind what I experienced and it was objective and honest.
I was in there today for the first time probably for half the time. I saw the second successful NQ trade and after. The trades he entered and exited were clearly on the chart. I’m not sure what you were looking at “Same old same old”
1. They have one successful day and they put it on you tube. It means nothing but PR. You tube is full of it. Lets see if he posts when he has a catastrofic day.
2. Whatever changes have been introduced for the past day and a half (and it will take a lot of proof to show they are true and genuine and not another PR stunt) that does not justify the past. Simon Yousef is not a victim of Bob Amico. He is his partner in crime. Every penny obtained through fraud in the past is still in his pocket. When investigators come they will watch the past videos and emails and screenshots from the website the way it used to be before we shook it.
3. Current changes, if they can be believed, have ONLY happened because of this forum. Jamie Marca – just be grateful. If it wasn’t for us you would still be listening to the same unaccountable cheating rubbish that beggars belief. If you have been in GTR for four months, have you been in on that day I posted about, when he called a crude trade long eight times and when it finally went up, claimed he called it to the tick when the loss for everyone was huge in stops, never mind commissions. He had a luxury of not showing the chart trader then so he could do what he wanted. If he has now lost that luxury it is because of what this forum has done.
4. The good thing is – Simon Yousef have been stopped in his tracks. He has to watch what he is doing now. And he will not escape the past. Be proud guys.
If all these happy people are so genuine and everything is great in wonderland, then tell Simon Jousef Fraud A.P. to refund the people he frauded with Mail & Mortgage Fraud Bob.
Things may be different, but understand, the only reason they have changed is because Simon Jousef Fraud A.P. got caught scamming people because of this review.
This thread is also the reason everyone knows what they do about Mail & Mortgage Fraud Bob.
This thread exposed Simon Jousef Fraud A.P. for everything he has done over the last several years.
Remember , this thread is the reason everything has changed in SImon Jousef Fraud A.P. trade room.
You really think that fraud really would have changed anything if he did not get caught?
You think he would admit he knew Mail & Mortgage Fraud Bob’s past?
If he were a “Man of Character”, he would refund the people fradued by all the TICK COUNTS , the Dr. Handley Titan Review, and Bang Bang Mortgage Fraud tactics.
Lastly, I know you read this Simon Jousef Fraud A.P…. If you really feel you’re a changed man, let Nadina, Myself , and any other person you threw out because we spoke out in your new trade room and let us be the judge if you changed?
If you truly are a “Man of Character” you would afford all that were abused by your lynch mob a chance to see for ourselves.
Prove me wrong. I have no problem eating crow…
Sorry Emmett, I also wanted to give you the full session recording and I forgot to include it earlier.
https://youtu.be/48VE4E16fR4
Thank you again.
PS. Jon . . . I am genuine, unlike you. AS for that day, I did 217 ticks myself and I have no problem showing my proof, but what good will it do. No one in this room cares about proof. The only reason in this room is to just keep using bad language without trying to reach any resolve. I see now that it was a mistake to even post in this room. The post was meant for Emmett and only Emmett. I hope you’ll at least see the new format Emmett, and thank you again for your time.
Hmmm, the only thing anyone has ever asked for is actual proof. I have gone to GTR trials in the past and it was a complete circus of murky calls and the illusion of great success with absolutely no proof what so ever they could trade profitable. You are now telling me a miracle has happened and they have seen the light and have transformed into this honest trading room clearly showing every trade they make right in front of you. Call me dubious. This would mean they got rid of the ridiculousness of having 3 different people calling out trades, which sometimes even conflicted with each other and none of those 3 traders showing any trades on the chart or DOM. If I get bored next Tuesday maybe I will check it out for myself. But I am sure if you have a reasonable period (not one day) showing how you are profitable trading GTR’s method then Emmett would take this into account and might lead to an updated review, especially if Simon does the same. As far as I can tell you would be the first to show any proof assuming you actually do show any proof. Again call me dubious. Gosh, I am just so untrusting. As Emmett says I do not want to be the goat. Prove me wrong.
If you wanted to contact Emmett only you could have emailed him directly so don’t give me that bullshit. If you send Emmett the proof , (which i very much doubt you will do) . its only one day of trading and it means nothing. Simon has already done the damage and been exposed as a fraud.
If you wanted to contact Emmett only, you could have emailed him directly so don’t give me that bullshit. If you send Emmett the proof , (which i very much doubt you will do) . its only one day of trading and it means nothing. Simon has already done the damage and has been exposed as a fraud by many people on here.
asking Emmet to change his review is a joke, you must be affiliated with the GTR
Jamie Marca, If you are genuine ( which i doubt ) seeing as you have only been with Simon for 4 months I will advise you to to get the fuck away from him as fast as you can as you will NEVER make a profit with him.
Simon you are a disgrace to the trading world and you have been well and truly found out. You have removed the chat box because people are questioning your dodgy trade calls and fills. I watched that video for a laugh, How can you put your trade results on a spread sheet and expect that to be proof. Any of his fraud victims ( students ) you have to ask him for proof of his 230 ticks for that day. I will guarantee you he will not show it, because it is all bullshit..
The chat box was obviously removed to avoid bashers from this site slandering his room during their open trials. I am not a member but have attended the free Tuesday trials for well over a year. The new room format with Simon showing trades on a chart trader is a large improvement over the verbal calls in the past. Nobody misses Bang Bang Bob and his incessant sales pitches. To each his own when it comes to trade rooms. Plenty of members love GTR and many former members do not.
Dear Emmett, my name is Jamie Marca. I am a student at GTR and have been for about 4 months. I am very happy with the program and the support I get. I was a little hesitant because of this blog if I should sign up, but I’ll be honest I am glad I did. I understand everyone has a right to their own opinion. I respect your effort in your site and what you are trying to accomplish. I don’t necessarily agree with your readers language, but not for me to judge.
As for the initial review you wrote. There seems to have been a lot about Bob and Sandy and even the video was all Bob talking and pitching for sales. I really wish you would re-review or re-analyze and actually listen and review Simon. I mean to me he is the real deal. I am very happy with my results and obviously have no benefit to whether you change the review or not. But I would like to send you a recap of one session that was done this week. You can clearly see that he calls and takes the trades live on the screen. You can actually see the trades show up as they are taken in real time.
And I know that was one of your main issues with this and other trade rooms. The review just doesn’t quite fit the person and trader that I see and listen to in the room. Here is the link to the recap https://youtu.be/jLnGjN9piKo
Ultimately, it is your decision to re-evaluate Simon and the room again (with Simon running it and not the others). And I respect your decision either way.
Thank you for taking the time to read my note.
I received an email today stating they made 33 official trades and grossed $5,333.25 as depicted on the DOM. Bob sent me this “blotter.”
1) 7:26am……….SHORT NQ @ 4191.50…………………………………………………………….-30
2) 7:37am……….LONG ZB @ 159’30…………………………………………………………………+12
3) 7:43am……….LONG FDAX @ 9775.5……………………………………………………………..+11
4) 7:47am……….SHORT CL @ 30.79…………………………………………………………………+4
5) 8:01am……….SHORT FDAX @ 9774.5……………………………………………………………+14
6) 8:27am……….SHORT FDAX @ 9798.5……………………………………………………………+10
7) 9:31am……….SHORT CL @ 30.98…………………………………………………………………+12
8) 9:33am……….SHORT FDAX @ 9819.0……………………………………………………………+10
9) 9:52am……….SHORT FDAX @ 9818.5……………………………………………………………+13
10) 10:11am…….LONG ES @ 1884.50……………………………………………………………….-18
11) 10:22am…….SHORT CL @ 30.80…………………………………………………………………+6
12) 10:23am…….SHORT ES @ 1883.75……………………………………………………………..+6
13) 10:33am…….SHORT FDAX @ 9793.0……………………………………………………………+10
14) 10:37am…….SHORT CL @ 31.15…………………………………………………………………+6
15) 10:39am…….SHORT CL @ 31.47…………………………………………………………………-30
16) 10:41am…….LONG ES @ 1887.50………………………………………………………………..+8
17) 10:49am…….LONG FDAX @ 9830.0………………………………………………………………+20
18) 10:55am…….LONG FDAX @ 9814.5………………………………………………………………+12
19) 10:57am…….SHORT CL @ 31.16…………………………………………………………………..+7
20) 11:00am…….SHORT CL @ 31.35…………………………………………………………………..+12
21) 12:01pm…….SHORT 6A @ .7057…………………………………………………………………..+7
22) 12:08pm…….SHORT YM @ 16,120………………………………………………………………..+20
23) 12:39pm…….SHORT ES @ 1903.25……………………………………………………………….-15
24) 12:57pm…….SHORT FDAX @ 9893.5……………………………………………………………..+10
25) 1:00pm………SHORT CL @ 32.27…………………………………………………………………..+26
26) 1:18pm………SHORT CL @ 31.96……………………………………………………………………+6
27) 1:29pm………SHORT CL @ 31.97……………………………………………………………………+6
28) 1:55pm………SHORT FDAX @ 9888.5………………………………………………………………+38
29) 2:09pm……..SHORT CL @ 31.75……………………………………………………………………+31
30) 2:26pm……..SHORT ES @ 1894.0………………………………………………………………….+10
31) 2:28pm……..SHORT YM @ 16,012………………………………………………………………..+104
32) 2:41pm……..SHORT CL @ 32.10………………………………………………………………….+10
33) 2:49pm………SHORT YM @ 15,953………………………………………………………………+30
34) 3:01pm………SHORT ES @ 1872.25………………………………………………………………+11
TOTAL ON DOM………………………………………………………………………………+$5,333.75
Its a fucking disgrace how Dean Handley ( porky pig ) writes a complete and utter bullshit reviews and gets paid for it. He forgot to mention that Bob Banged banged up done time for a grand scale fraud and has already been caught out cheating and lying in his room.
Handley has got to be the worst of the worst out there.
Emmet,t you need to write a review on this scumbag.
Here is the latest review from Handley on Mortgage Fraud Bob Amico’s new room.
http://media.wix.com/ugd/cc5378_a91051285ee748dd9597b8fe260fe0b0.pdf
I got an email from GTR their trails began again today. Anyone go? Was it the same old same old.
I’m with Nadina and the others. This is the only outlet where former disgruntled members can speak out. Otherwise they delete reviews or have their shills overload comments in “investi-scama”onials. It’s always the same story. Students are just “starting” to learn – testimonials. No real proof of “graduated” success. Despite the hedging shills trying to sound legit by posting here saying this is a “hate-speech” thread, it is good to know minds can be heard here and that isn’t going to change unless somehow Emmett closes down.
Emmett
I know you are a v busy man, but given the fact that Dean Handley has recently added Bob’s room as a Titan, are your thoughts on his new venture ready for publication? – not least in order to save folk from potential ruin who may take Handley at his word, if indeed the room is a cesspit (I’ll await your judgement on that). many thanks
The credibility of Dean Handley is 0!
You bet Bill. Keep up the good work! I tell ya… If a guy has no conscience, and decides he wants to make a lot of money, set yourself up with a smoke and mirrors operation with a fancy website, littered with after the fact huge winning trades done on market replay or something, learn to call trades after the movement a few tics. to make folks believe you were really in a winning trade, convince people showing your DOM is illegal, and promote promote promote. Maybe have some testimonials on your website with half naked women claiming they were trained by you when they were just poor students or waitresses etc and just work every angle… I swear… This gig is can be so lucrative and there is no shortage of hundreds of people doing it! I guess it really is the latest avenue to convince people of easy riches so everyone is jumping on the bandwagon. By the time you get shut down, if that ever happens, you have pocketed a TON of money. Then, just start it up again with your buddy and so forth and do on… Just unreal
Nice job Todd.
Its great to see people speaking out with facts.
Simon Jousef Fraud A.P. created a totally false trading identity back in the days when it was easy to dupe the search engines..
If Simon Jousef Fraud A.P. wants to be a “MAN OF CHARACTER”, would be real easy to refund people. A “MAN of CHARACTER” would do that without even being asked or pressured.
Also , Simon Jousef Fraud A.P. used Mail & Mortgage Fraud Bobs sales tactics to peddle the trade room and used those fraudulent verifiable trade results provided by that Fat Sloppy Slob Dr. Dean Handley.
Lastly, after this review, the whole scam began to unravel. Pressure mounted in the room day after day as none of these dirtbags could give a legitimate answer. All they could say was “Emmett is a convicted criminal”. Emmett was a huge effin criminal. Those clowns were not even giving Emmett the full credit for his crimes that he deserved.
Then Mail & Mortgage Fraud Bob’s checkered past began to make its rounds. It was obvious some kind of statute of limitations was lifted as the info on Bob grew exponentially.
I personally searched Bob’s name many times to check if he was legit, and nothing really surfaces. Only things I could find on Bob was a few shitbag broker dealer slock houses he worked at and his Broker Check.
Then Bob left GTR, and 3 weeks later, the dirt started to roll.
Coincidence?
I doubt it …
Anyway, Simon Jousef Fraud A.P. and Mail & Mortgage Fraud Bob knew it was only a matter of time before all the shit would hit the fan.
We owe it all to Emmett , the convicted criminal …
Thanks ..
I tend to agree with Nadina. What Simon sold for upwards to $10,000 was FRAUDULENT. They, all of them, made claims of VERIFIABLE RESULTS! Well, If someone was making the sort of money they ‘claimed’ they were making (presented as though it was fact), but it turns out their ‘verified trades’ was smoke and mirrors, which is now proven, the result is people were purposely and intentionally deceived into buying what they they were selling based entirely on false claims. This is FRAUD. This is a serious offense and Simon needs to refund people their money, or he needs to be taken on by the Feds and/or regulatory agencies for running a scam. The way this happens, is to scream bloody murder until someone steps in and handles it or Simon has an epiphany and gets a conscience and refunds people’s money. After all, Simon always brags about being a CTA or whatever he is. This holds this fraud to even a HIGHER standard. He NEEDS to be taken down and I am all for Nadina and her cause. Keep it up Nadina.
A few years ago Simon had a guy in his room named Greg Henry for quite a while and he lived in Indiana or Ohio. Simon would brag how Greg traded BIG CONTRACTS and was this STUD of trading so Greg was in the room commenting a lot. I often wondered why if he was so wealthy from his trading and he would mention his wife worked in the mortgage business at a bank. Well, Simon left for a few days and Greg was going to be so gracious to run the room and have some ‘free training’ after the trading day, which was just very simple candlestick pattern stuff you can find anywhere. Anyway, I began really listening to Greg in the room and he was apparently ALWAYS in on a trade in any one of 6 instruments and he was ALWAYS on the winning side of it, even though he was constantly talking and being very laid back, just chatting all the time. I can’t tell you how many times, when Simon would ask him, if he had a position on something and Greg would say “I just shorted Crude” and then Crude would run up and Simon would ask how he did and he would say he got out with a few ticks and was in on reverse run up etc. Anyway, Greg eventually helped develop something called the “G Scalper” (stood for Greg) and they touted that for weeks, which made it evident what he was doing there all along, which was to make some money off the room members. At some point, Greg had all of the email addresses of the people in the room, probably from when he did the room for a few days, and he emailed to the folks and offer to provide his ‘services’ to help people trade for several thousand dollars. I am not even sure if Simon knew he did that but I expect so because he wasn’t around shortly after that. Anyway… Simon and everybody he brings on are a bunch of frauds.
And it’s too late for Simon to slither out. He has been thieving and he is going to be investigated
Nadina and other disgruntled GTR members
First off, I am just another member like you are or were. I understand your frustration because it seems you would have rather followed the trades then understand them.
I personally joined for this exact reason.
Like I said when things changed and GTR became a little disorderly I was pissed because now things were changing according to what I had paid for.
Albeit Simon came back with a better team and made regained his respect. He displayed even when he was down he was able to think for the best of the group and not crawl into a shell and cry about it. HE MADE THINGS BETTER even though it was different IT IS STILL BETTER.
I dont make anything or lose anything writing this. I just feel my opinion of what I have received from the GTR is positive at this point. Maybe not so much in the start but I CAN ONLY SPEAK OF THE PRESENT.
Even the moderator of this site Emmett Moore has magnified his wrongdoings of the past. Does that make him a bad guy now?? I dont know never met him. But from the work he is doing with the site and trying to save people from wasting there money on trading rooms seems honorable enough.
You just haveto remember Emmett has certain criteria he bases his opinions on. It is not right or wrong just his criteria. Anyone who feels it is legit (PERFECT). Anyone who doesnt (PERFECT).
It is just how Emmett chooses to do things. I personally like his sight. Free Speech is great.
But from my opinion GTR has helped me. I like the other users. I like the moderators.
I like the whole system.
People love to be negative and pretty much the only time they speak is for negative thoughts.
I thought it would be nice if someone finally send something good about GTR because it is THE TRUTH !! Based on my experience and how things have been playing out for me recently.
Nadina I was there when you were making your case in the chat room. Yes I feel your initial arguments of free speech I think were fine. But the prolonging of it was unnecessary.
You see I believe to be positive you need to be in a positive environment. SImon allowed to speak your mind freely. But you wouldnt stop. YOu were making the environment hostile. Your concerns were expressed over many multiple messages. Simon allowed you to take over the the skype group for quite some time and never banned you immediately.
But when you were starting to make others who are trying to move forward become negative, I think there should be a limit to that.
Your argument was the DOM not being shown but from when I have seen GTR a DOM has never been shown. I also complained that the trades being called at that time were not easily recordable and followable (if those are even words).
Finally If you would like to learn what SIMON is doing maybe he will give you another chance. If you are willing to learn for yourself do the hard work like you did for MEDICAL SCHOOL I am positve you will understand it and be profitable. It takes time and effort to be a good trader.
These are my opinions they are currently in FAVOR of the GTR only because I respect what I have received from the GTR and finally because it is
THE TRUTH !!!
What other chance? We are expelled for speaking after he took our money.
Give your name.
Bill
Our (mine and yours) fist names are true and real and exactly the same as in GTR before we were expelled. While we were members anyone could have checked our full names just by clicking on our Skype ID. It is exactly BECAUSE we do not hide our identities that Simon was able to expel us. Same goes for any other members. So where’s the big secret? Those members that do not want to be expelled HAVE to post here under a different name or they will end up as we did. If Simon did not chuck people ( who paid him) out for speaking the truth there would be no need for secrecy.
At the same time this person calling himself “Real Names Please” posts without giving anyone any clue whatsoever as to who he is. He could be Simon, his brother, Dimitri or any of the shills from GTR for all we know. The other one (calling himself The Truth) posts as well, hoping to inform everyone how GTR is now a happy place where members paid $ 10 000 to Simon to have lines drown on the chart. Then they have to call the trades for each other as Simon does not do it. But that’s OK with everyone, they are all one happy family and there is such good rapport amongst them all. Some expensive rapport for $ 10 000.
I apologize to everyone for even answering this person calling himself Real Names Please. By doing that I gave him and his post some credibility and that was unwarranted.
Well said Nadina.
FIrst name was enough for Simon Jousef Fraud A.P. to throw me out without any proof it was really me.
He took it upon his arrogant prick self to assume it was me and threw me out.
So as Nadina said, Simon knows who we are and I’m not hiding from anyone.
Outside of the humorous arrogant prick association, nothing I have said was not true.
If he was “A Man of Character”, he would have admitted hiring Mail & Mortgage Fraud Bob was a mistake, and offered refunds to all that were taken because of it. That would have made it right and proved he was a “Man of Character.
But what did he do?
NOTHING….. He reply’s “OMG what a surprise, lets not lose focus on our trading”..
Then he tried to just slither away and hide in hopes over time its would all just go away.
Real Names Please
Nadina is my real name and S is the first letter of my surname. This was my ID in the room so everyone could know who I was there or here and what I stood for. Which is more than you ever did. My real name is well known to all officials that investigate this situation as I am one of those that reported it. I am a UK registered doctor and my email address is nadina@doctors.org.uk. I have given this email address in GTR on the day when shills have launched a savage personal attack on me. I have said that people should contact me on it as at least if there is abuse I can report it, it being an official email address for UK doctors and not some Skype room where everything is allowed. Simon and Bob know my full name. With the abuse and things that go on in GTR no one in the right mind would give their full name. But what I have given is true albeit partial, I am not calling myself something totally unrecognizable like you are. You have a clue who I am , I have no clue who you are. First name will suffice. And so like the other shills, you hide behind the silly pseudonims in order to get personal and abusive. Shame.
And so you had enough of the rants ” of myself and the others”? Look at the posts of Karen R above and the other poor members who were scammed, many have only posted once just to say what they have gone through with this fraud. All of us get on your nerves? Well sorry. You are in a minority. Very few people think that Simon is a “man of good character”. And that man knows my name – I have paid him $ 7000 through official pay channels. He can report me to whoever he wishes as I reported him, if I have tried to tear down his character without justification.
You need to realize this is not personal. We are objecting to the theft that Simon Yousef has committed. Many people are. Close to a hundred or more have voiced it , either here or in GTR or in private messages to other members. We will know the real number when the investigation is finished. You are very vocal in defending Simon. You are also very lonely. You are also much more anonymous and secretive as to your identity than I am.
Chris – most of us have moved on and are doing our own trading for ourselves. I certainly am. But our money is where it shouldn’t be, in Simon’ s and Bob’s pocket. We can bitch all we want, we have bed lied to and cheated.
I heard that Dean Handley showed his true colors this week.
He decided to publicly scold someone in the subscriber skype room on Thursday. After being told that the person was away 2 weeks for a murdered friend’s funeral, Dean demanded to see the obituary & berated the person for “wasting” his time.
Dean was asked by several members to discuss elsewhere (even Gomi made that request) but Dean’s personal issues were more “important” than the polite requests from the paid members in the room (not clear if he is one). Several members were interested in the ideas that the person was sharing.
On Thursday, Dean said “I am done here” but reappeared Friday to berate the same person who was once again sharing chart pics with members who were responding positively. Dean’s issue was that “anyone can post winning trades long after they are taken”. Again multiple members did not appreciate Dean’s negativity but did like the person’s idea sharing.
Dean then asked for the person to post their track record as if Dean owned/ran or policed the room himself (which he does not as it is currently explained).
Then it got “better”. 30 minutes after complaining that anyone can post winning trades after the fact, Dean posted two of his own closed trades, with no prior heads up or track record. Wasn’t that his issue with the other person? Any credibility gone Dean!
Maybe he could publicly apologize for his behavior to the members in the room next week. We’ll see.
Nadina, I have HAD IT with your and others rants here. You want “the truth” to post his/her real name, yet you only go by “Nadina S”. If you are so cheated, so robbed, so taken advantage of — then give us YOUR real name…FULL name.
And while I am at it, the same goes to “rob”, “jon”, and especially YOU “bill”. YES you bill who are so arrogant YOURSELF that you call someone of sterling character, Simon Jousef, by the foul name I wont even repeat here . WHO is the ARROGANT one??? I think someone who hides behind a “bill” and spouts out hatred. Simon is an honest man of integrity. I am a long time member of GTR who is just fed up at the arrogance of those who hide behind the internet to demean the character of a good and hard working person.
And Nadina “S”…..show us your name, otherwise I will tell you something that a long time ago finally brought down a great demeanor of character –Sen Joe McCarthy who ruined many decent peoples’ careers: “Have you no sense of decency ??”.
If any and all of the people here who have anonymously tried to tear down the character of a good man, then you should have the COURAGE to give us your real names. Otherwise, all of this is just internet drivel.
This is NOT any different than Emmett wanting to verify trade room records with some type of verifiable documentation. Well, any and all assertions here mean nothing at all, without your real names. In the end, all ANY of us have our our good names. 100 years from now, when we are all gone from this world, all that will remain of us is what good (or bad) we did for others….and our good or bad name.
So if you are so intent on trying to destroy another person’s career, life, and name…for God’s sake…if you have any decency, show us YOUR names.
Regardless of any opinions I have of Simon and/or GTR, I must agree that this thread has become a slanderous wasteland for these disgruntled folks. If there really are multiple agencies looking into any misdeeds let them do their jobs.
Move on and learn how to trade. It is much more fun than bitching and moaning all day about how Bang Bang Bob got one over on you.
So what is your real name??? this Rant sounds very similar to Dimitri the donut, Simon’s little errand boy.
Let’s not lose sight of why Simon has changed the format of his room.
He did it to cover his ass as he knows full well what was done in the past is outright fraud.
The Truth you obviously know Simon reads this and if you put your real name you will get banned eventually .
Its understood there are currently 5 different agencies in both Canada & US with active investigations on Simon and his practices.
I have been in the room about 6 times over the last couple weeks.
It has to be the worst trade room I have been in 5 years.
Franck works his ass off and really not sure why he is even associated with Simon.
10 grand for someone drawing lines in obvious areas and never acted on them is a waste of money to me.
A number of members have reached out to me directly and are so furious with what is happening , but are afraid to say anything because they know people get banned when they complain.
This message is for those who are pissed and frustrated, just move on.
You are not going to miraculously start making your money back and understanding what is being done in this room, as it was all a con game.
Simon knows it and is doing everything he can to cover his ass.
The quicker you move on and ditch this place, the better you will be and your trading career will improve also.
Claims of people sharing ideas and Simon building a community of over 250 is complete bullshit.
I challenge anyone to check all those Skype accounts.
50% are ghosts
25% are friends and relatives
and the rest are members who stay in because they paid.
I know a thing or two about this stuff. Its real easy to create bogus Skype accounts.
Why do you think Simon created a new Skype room about 6 months ago…
THere were so many bullshit accounts, he maxed the old room out.
People are always getting removed and added, no way new ones are new members.
Simon has not had a new member in months, but still people are added to Skype.
Well , Im outa gas …..
Is it possible to create “ghost” members on Omnovia? Amazingly, WarriorTrading’s room member roster count is now up to 650 after Emmet’s review sunk it to less than 200 on the weeks following.
The Truth
Give you real name. What are you afraid of ? That we may recognize you as one of the shills from the chat room? Could you be one of the more moderate ones?
Members can talk to each other freely? Really? Like I and others did so we got banned and our money still in Simon’s pocket?
So Simon NOW no longer scams people into joining by wild claims of completely falsified results? What about before? What about false claims and lies that got many people to join? Just forget about it shall we and leave him our money? Or was poor Simon himself a victim of Bob’s sales tactics that got his business a bad name? And after his lobotomy even Bob isn’t so bad now and needs to be rehabilitated? We will leave them the money they cheated out of us as a gesture of good will and just as as a sign that we are no longer angry and that we are all good friends now.
And so members are calling trades to each other now? Hahahaha. I am sure its very profitable and you have statements to prove it. Also handy, takes pressure off Simon. He does not have to call any trades. He just pockets the money, then lets the members talk amongst themselves.
Your ” Truth” stinks as much as those you are defending. There are a lot of agencies interested in Simon AP business now. They will need to hear both sides. I am sure you will have the opportunity to defend GTR in a much more official place than this forum. Lets hope you arguments hold as much as ours where it matters.
I would like to say that GTR is no longer making claims of there daily profits and losses.
I would simply like to give credit where credit is due.
As a member you are encouraged to utilize the strategy according to your own style.
From what I have seen the Profile works.
I guess to each there own on how you use it.
I also joined based on the results of what the daily earnings were. Was upset when things fell apart when Bob and Sandy left.
I also wasnt too impressed by the way the trading was and was really pissed when things changed so much.
But…. NOW
Simon has surrounded himself with good traders. They are much better than Bob and Sandy in my opinion…
Only good thing about Bob was he was always willing to help you learn on weekends one on one… although I never received any of that.
Back to GTR… members are allowed to speak to one another via skype… trade ideas are shared and many members are calling trades to others.
The environment is awesome being that you can speak to everyone else who are also utilizing profile.
IMO the interaction with all members is amazing. It helps you to stay positve and fresh.
Simon has built a community of over 250 people who can interact on a daily or minute by minute basis. Which is outstanding because GOD knows trading can be a lonely business.
Finally the addition of FRANCK and JAY has been a very good educational experience.
JAY has an evening session where he goes through levels with members. It is very clear and helps alot to understand how to use the profile. Many members are very impressed, happy and utilizing JAYS levels and are simply astonished at the accuracy.
Now, if one has a strategy or any methods they trade and just need something else to help them confirm the entries. Using Profile in conjunction with any other methodology can further increase and confirm the entries.
Although profile alone in my opinion works just fine. But alot of members are definitely using other forms of confirmation whether its fibonacci, oscillators, moving averages, or simple support and resistance.
I just wanted to give my honest opinion. Nothing to lose or gain.
The truth is what is required.
The truth is if you believe in yourself and are not looking solely to depend on others. You would like to learn something that can help you to fish on your own.
GTR – SIMON, FRANCK AND JAY are providing information/education which can help you take your trading to the next level.
Not to mention the friends and community that you will automatically be accepted into which will keep you entertained, help boost your confidence and help you stay motivated to learn and reach profitability.
I visited this GTR room when a friend of mine in Toronto told me that some guys there was calling out trades for him in his personal account. He was upset about the losses. I’ve been a professional fund manager for Ontario Teachers for over a decade and have my CFA.
It was easy and quick fro me to see this Simon Josef and Bob Amico were committing a fraud. I took the time to turn them in to the Canadian financial authorities via a quick brief of my observations and recordings of the room. I still would not be sure that the authorities will shut this down quickly, but it has been my experience that the government wont give up on complaints. Follow the advice above and send in your complaints. Best of luck !
Ari
Thank God for that Karen
As listening to Simon Yousef AP and his shills, I was the only person that ever complained. Everyone else is a faithful and quite delighted with Simon’s magic and making a lot of money – apparently. Especially now that he has cut off all the outside control by stopping the trials. Those poor sods who actually paid him and have not yet been banned (unlike me) can only listen to his voice every day over and over. A certain way to go mad.
I’ve been stolen from ! I am pissed off about it ! I pray others will read this and NOT waste their money !
This is interesting also.. GTR Domain name expires on May 31, 2016
Does he have plans on being done before then?
Domain Name: GLOBALTRADEROOM.COM
Registrar: ENOM, INC.
Sponsoring Registrar IANA ID: 48
Whois Server: whois.enom.com
Referral URL: http://www.enom.com
Name Server: NS1.GRIDFAST.NET
Name Server: NS2.GRIDFAST.NET
Status: clientTransferProhibited http://www.icann.org/epp#clientTransferProhibited
Updated Date: 04-apr-2014
Creation Date: 31-may-2013
Expiration Date: 31-may-2016
Simon Jousef Fraud A.P. (arrogant prick)
To Global Trade Fraud members, ask that prick how much longer he expects to keep that trade room open?
Members have to be wondering where is the room they were sold?
100’s of ticks profit everyday….
Trades called clearly and precisely
Education like no other from one of the top traders in the world in 2005
Come on folks.. You know you been had.
That trade room is nothing short of a art show for 5 year olds.
If you people paid 10k for what is going on in there now and you’re happy, you deserve what you get.
Ask that arrogant prick, when he is going to trade and not worry about when the next Holiday is, so he can close the room .
Simon Jousef Fraud A.P.
I also have it as a matter of fact that The Global fraud room and Simon Yousef are under investigation by the CFTC and the NFA. Hes days are numbered.
No surprise there that Bob bang banged up has reverted to his usual tactics, it was only a matter of time. Hes a dirty sewer rat just like Simon Yousef.
Well, Bob is making money, but the only problem is that you can’t follow all his trades now. He’s gone back to his gunslinging style where he’s trading about 20 markets and in and out all the time. He basically keeps a CL DOM up all the time, but he probably doesn’t show about half his trades in other markets. He’ll call them out, but not put the DOM on the screen for that market. Sometimes he’ll pull it over after he’s in, sometimes after he’s in and out. It can be confusing and hard to keep up with.
Before he started trading so many markets he would call a trade, put his entry in on the DOM and show it to you, then when in would manage the trade on the DOM where you can see it. He doesn’t do that all the time now. So he’s not as transparent as he once was. He’s making big money, you can’t follow all the trades now. I once said in another post that I think Bob can make money, but not trading in a room where others can follow clearly. Well that’s where it is now. He’s making money, but he doesn’t show his DOMs a lot and very rarely manages the whole trade on screen unless it’s CL or ES. All the other markets it’s just a crap shoot to whether you can trade it or not.
Several days ago a couple of people mentioned it being hard to follow and he went off on them. Someone else today mentioned it being hard to follow but I didn’t hear a response to that. And of course Dean is in there pumping the room up and saying he’s made $18k in there overall so far. Also that he’s having $3-$4k days. It’s funny how supposedly all these people in the room are making more than Bob is when he can’t be followed clearly. All I can figure is they’re not trading HIS calls, but they’re own method as I said before.
And one other thing, the small stops are gone. The small stops were their big claim to fame, now Bob is saying you can’t use small stops and even criticized GTR when Bob did the same thing there and brought that philosophy over to this room and traded that way to begin with. Now that doesn’t work according to him.
Here is what Bob says in his email:
=====================
Remember, these trades are ALL done with a DOM in FULL view at ALL times! We are the ONLY room of over 1000 that trades 19 instruments as well as shows a DOM ALL DAY!
======================
This is unequivocally NOT TRUE. There is a DOM in full view all the time, but it’s not necessarily the market that he’s trading at the time. He always keeps the CL DOM up not matter what trade he is in. Again, he calls many trades where he doesn’t show his DOM at all times. And doesn’t even manage it with the DOM in full view. Again, this is a LIE. Notice too I said earlier he’s trading about 20 markets. You can’t keep up with everything he is doing, especially when he doesn’t show the DOM all the time.
Anyway, Bob’s making money, but doesn’t show all his trades any more, and doesn’t manage them all on screen any more. Still shows the total on his DOM. But the room is a far cry from what he said it was going to be, fully transparent. He found he can’t be fully transparent and make money.
So let me get this straight. When he showed his DOM and you could verify his calls he lost money, but now he is not doing that and making “BIG” money. It is easy to make generic calls, it is another to actually place an order and trade it profitably. I was in a trading room and this trader made a clear call with clear stop. It took out his stop, but somehow he did not get stopped out. Instead after the price rose again he made money when anyone that took his call was stopped out. The point is easy to make money on calls where the trade is never shown.
If he is not showing his DOM or trade on chart it is meaningless. Did he open up his brokerage account and show any proof? Ask him in the room to show actual proof he made these trades and they are profitable.
As for Dean and the other people in the room it is all an illusion to scam in suckers. IMO Dean is one of the most corrupt people out there even willing to make false statement during FDA trials. He has no credibility what so ever.
Anybody that disagrees, post a video of taking his trades profitable and prove me wrong.
Thanks for the update on Mail & Mortgage Fraud Bob.
Its completely clear if Mail & Mortgage Fraud Bob cant trade transparently, he cant trade at all.
When he was showing his DOM, he was getting killed.
The reason for trading the other markets is to create an atmosphere that is overwhelming for the members to keep track, so much so, there is the illusion of success.
This is exactly what was done in the Global Trade Fraud room day after day.
Real traders dont trade 19 markets folks.
Realistically, 4 futures markets are the max and they should be all different sectors as they dont move together at the same times. CL, GC, ES, ZB are the most common for most trade rooms.
I find it amazing how Simon Jousef Fraud A.P. & Mail & Mortgage Fraud Bob both trade the very thin markets like NQ, YM, & TF. Im not saying these markets are not tradable, but they are the markets easiest to BULLSHIT people when not showing a trade DOM or CHART. I would bet that Mail & Mortgage Fraud Bob bangs out all the ticks he bellows about in his emails from the dopey NQ or YM.
As for Handley , he is a god damn fucking slob. LOOK AT THE JOKER in those videos’?
He looks like a 1930’s hobo who just fell off a train.
Bottom line….
Simon Jousef Fraud A.P. (arrogant prick)
Mail & Mortgage Fraud Bang Bang Bob Amico
Fucking Fraud Slob Dr. Dean Handley
All of them are the same. They all come from the same sewer.
Again thanks for the update.
Nice to know that douche bag never changed one bit.
Would love to hear an update on Mail & Mortgage Fraud Bob’s room….
This thread is having a noticeable effect on Simon Jousef Fraud A.P. ability to moderate his room.
Since the beginning of the year, the room has been reduced to an art school. Plotting and painting lines all day with no action on anything.
Keep up to pressure on this prick.
This thread managed to get the trials closed for the month.
When the trials open again, Simon Jousef Fraud A.P. should expect to get hit with a barrage of posts listing this thread.
A good number of folks found this place just from the trial on Jan 5th., where there were a good number of hecklers he could not even get a handle on.
Lets make a point at closing this arrogant prick down.
Any update on Bob / Fraduster room ,hope it is closed by now .
I remember seeing that Dean Handley video. It looks like the kitchen in the Jackie Gleason show. Well things must be tough because I received the below barter offer from the good ole Doc. Also, isn’t WIX the cheapie free website?
Dean Handley
Jan 9 (4 days ago)
to Dean
Hello:
I am in the process of moving my library out of Tesseract Trading (a move that is long overdue as it was only to be a short term arrangement at best) into the a new site I am building for myself and the Trade Titans – globaltradetitans.com. It is mostly built now but the current GTT site was started using WordPress which I find clumsy, awkward and frustrating. I would like to rebuild in Wix which I find easy, logical and straight forward.
To that end, if any of you can help me yank critical info from WP site and reassemble in Wix, I would be willing to trade my consultant time for your web building/SEO efforts.
If interested, let me know and thanks, Dean
Scott,
I find that message hilarious. In that same Dean Handley video, there’s a glimpse of an agreement/contract Dean wrote up for potential “Trade Titans”. This is what he wrote regarding his new site running on WordPress, to lure folks into becoming a Titan:
================================
On the SEO side, this includes a fully functional, state-of-the-art, HTML 5 and PHP website built on a secured Genesis platform using WordPress scripting language. Each site will include basic one-page Search Engine Optimization (SEO) which will help it be indexed on the search engines like Google, Bing and Yahoo. Using a Genesis and WordPress platform is important these days as it is the standard for websites having features such as the latest in web technology and capabilities, applications and software, using safety and security, speed and reliability and is favored by search engines.
===============================
First off, almost everything Dean wrote is pure BS…he’s just making up crap and throwing out technical jargon, hoping no one will notice and be impressed by how “advanced” his new website will be. FYI, there is no Genesis “platform” (it’s just a framework for certain themes) and WordPress isn’t a scripting language. Unless hosted on a fast server, WordPress is notoriously slow and is extremely vulnerable to hacks. (That said, there are good qualities about WordPress). But regardless, it sounds like good ole Dean is now willing to switch to far WORSE platform with Wix. So much for “state of the art”. Makes you wonder if he says this much BS about his website, what other stuff does he just make up?
Also, is Dean THAT cheap (or poor) that he’s only willing to barter for website work? He claimed to have made 2-3k in one day last week in Bob’s room. Surely he can afford to pay for professional website and hosting.
WOW.
Nice find …
Trade rooms are the last stop for all the shitbags before they check into hell I guess.
It’s like a prerequisite for entry and without it, they have to stand in line or something.
Simon Jousef Fraud A.P (arrogant prick) removed trials for the entire month of January.
Do you think he is paranoid of nothing but hecklers or what?
You’re probably reading this right now you prick.
You’re finished you arrogant prick.
He got hammered last week, and bunch of people found this place .
Keep it up.
Its working, the prick has got shrinkage from the cold.
Thanks.
Simon Jousef Fraud A.P.
Will the Real Dr. Dean Handley Stand Up!!!!!
I look at Dr. Dean Handley’s website showing he has a PHd in Molecualr Genetics and I cannot help but wonder how could such a brilliant man be the same person seen in that video in a rundown kitchen putting trading rooms like GTR on a Trader’s Titan list when clearly they do not meet the requirements. Is he corrupt, incompetent or did something happen to make him fall from grace? I just could not understand until now when some light of day has been shined upon his past. Another trader friend of mine found out this scoop.
First as seen from the article below Dean was a brilliant, well dressed, and highly respected individual working on bringing cutting edge new drugs to market. A director, making, I would imagine, a boat load of money.
http://www.the-scientist.com/?articles.view/articleNo/18494/title/Chiral-Chemistry-Enables-Firms-To-Try-New-Twists-On-Old-Drugs/
So what the hell happened that he went from such an amazing high level career to that person in the video in a rundown kitchen promoting GTR. This next article explains a lot and shows his real character.
FDA trials are about as serious as you get and people’s life’s are on the line. I would imagine falsely statement would be a career killer. You read and make your own assessment.
http://securities.stanford.edu/filings-documents/1026/SEPR02-01/2003411_r01c_0212235.pdf
“Dr. Handley, who was Sepracor’s Senior Director, Office ofMedical Communications and Scientific Affairs, regularly represented Sepracor at hearings before the FDA and was a Sepraco r spokesman at the conference . Sepracor’s Dr. Handley stated that the cardiac effects of Soltara have been studied in several well-controlled, randomized clinical trials. He reported that “virtually no change in the Qtc interval” was observed at relatively large doses of the drug, referring to an articl e in the Journal of Allergy and Clinical Immunology . Dr. Handley further reported that no change in Qtc interval was observed either one or two weeks into treatment that would indicate any cardiac propensity. Moreover, Dr. Handley falsely represented that “these clinical data are wellsubstantiated b a variety of molecular, genetic and animal studies” .”
Just went to go into a trial in the Global Fraud room to warn others that Simon AP Yousef is a Fraudster but to my surprise they are not giving trials in January.
What a coincidence!
If that continues in February it looks like Emmett could have shut the prick down.
Bill, that is the finest summary I have seen yet ! You have carefully explained EXACTLY what is happening. For many of us it was a subtle conclusion. I know for me I felt embarrassed and ashamed that I was so stupid to fall for the falsehoods.
Im through with that emotion and I encourage all of us to explore the links above to file your claims of fraud with the authorities ! Channel your anger and shamed energy into stopping these monsters !!!
Simon Jousef Fraud A.P. (arrogant prick)
Michael,
Glad you have come to that bitter conclusion.
Its hard to admit when you been had.
But you’re not alone…..
Its important you continue to pressure Simon Jousef Fraud A.P with every means possible. Man is an internet illusion created by clever seeds planted in search engines in the early days when they could be duped ….
Simon Jousef Fraud A.P. hired Mail & Mortgage Fraud Bob to peddle his strategy like a late night infomercial.
Simon Jousef Fraud A.P. paid for a recommendation from Dr. Dean Handley to become a part of the “Trade Titans” . Handley setup the “Trade Titans” to be a marketing tool used to plant search engine results for paid members.
Simon Jousef Fraud A.P. claims to have a trading strategy that is absolutely proven, but fails to supply any proof whatsoever, or show a trading DOM during his live FRAUD room.
Simon Jousef Fraud A.P. front runs his members by, yelling out “BUY BUY BUY” or “SELL SELL SELL” at completely random times, always gets filled buying BID or selling ASK, and always gets 3 ticks profit before his stop is taken out.
Simon Jousef Fraud A.P. will say 3-4 times a day “See I told you it was going to that price, wuz too the teek”.
Simon Jousef Fraud A.P. 3-4 times a week, will act like he is already in a trade, manage the stop, and give you target , even though absolutely nobody ever heard the initial entry. However, you will always get the same 3-4 shills who got the trade and make you think you missed something.
Simon Jousef Fraud A.P. will always mention a new member every month who paid for their membership in the first 2-3 weeks. This to make the new people who are getting shit hammered by his trades think they have a chance of making their money back.
Simon Jousef Fraud A.P. will get nasty and pissed off once a week from people asking questions about his trades, and then refer them to the extensive video library on the website. This library is very extensive, but is as organized as a teenage girl’s shoe closet. If you find anything useful, please let us know.
Simon Jousef Fraud A.P. is so arrogant and such a prick, he will ban people who question anything in the room or in skype.
Simon Jousef Fraud A.P. has 6-8 members he uses as a lynch mob to assault anyone who asks tough questions. They are also the same people who “Are Killing it”, and get all the impossible fills this prick gets during the day in the live Fraud room.
“Simon Jousef Fraud” A.P. (arrogant prick)
Have to get a kick out of this one. The wonderful Dr. Dean Handley got a new website where he continues to list GTR as a Trading Titan.
http://globaltradetitans.com/
and his requirements to be a Trading Titan are shown here:
http://globaltradetitans.com/who-are-the-trade-titans/
Post a truthful and forthright track record, detailing trades, P/L, index, etc.
Communicate trade entries, targets and stops in real time
Type or narrate; price chart, DOM with some verification that trade actually was filled, fill price, etc.
Communicate trade execution in real time: stops, targets and number of contracts in trade
It is obvious to a 2 year old GTR does not do any of that. It really makes one wonder what the double hockey sticks is mentally wrong with the good Dr. Giving the guy the benefit of the doubt and assuming he is not a complete con artist, then IMO he must have some serious mental issues and be completely incompetent. I see no other possible explanation.
As I have said in past post, Dr. Dean Handley I challenge you to show any evidence you could trade GTR’s trade calls profitable. Record a video taking their unclear murky trades and post it. What a bunch of complete BS. Bill I think this guy is A.P. Senior.
I am trying to get Paypal credit to get my money back, the more people who try this the better, I got that impression, I realize you risk losing out on the service, but I believe this service is really worthless, will cost you a lot of money if you trade real money with them, and if more people request refund there is a good chance they will have to refund.
Ok Donald, I didn’t mean no disrespect to you.
I was thinking about going into a GTR trial to warn others and let them know about Emmetts Tradingschool but it seems someone has beat me to it, well done.
I know I will be in there next Tuesday to warn others and Id encourage others to do the same. Lets shut the Arrogant prick down!
Jon, totally agree that the GTR indicators are worthless ! I just wanted to make sure anyone that paid for them, could have them. Simon uses the concept of “intellectual secrets” as a way to solicit people to buy from him.
I am a current member of GTR, but have just discovered this thread. I have had a sinking feeling for some time that I may have been taken advantage of, now after reading all of this I can see I’m not alone. It is hurtful that people are being scammed. I am sure there is a remedy for it. Now that we know Bob Amico it makes perfect sense. I bet Simon probably isn’t who he claims he is, probably has a criminal background of some sort ?
Karl
try Skype again, it’s working now
Has anyone tried to obtain a refund from GTR through Paypal site?
If so, how has Paypal responded?
I am a member of GTR 4-5 months . FIgured I gotten taken(scam) pretty soon after I joined but kept thinking it may get better. After reviewing all the info in this thread its really mind blowing…..no good honest ppl left. I guess my fault to being new trader. eager to learn…anyways whoever sees my email I published above (admin) please don’t share, can you please send me info on how to file my complaints etc? I tried joinin the skype thing but it didn’t work. IF you email me I can give you my skype connect and proof if you need that I am a member of Gtr. Thanks
For those interested a Skype Chat has been created for frauded members willing to join:
https://join.skype.com/uAZESQzay4pW
You will be screened prior to being accepted.
Please provide an email address in your request so you can be verified for acceptance to the group.
We are doing this to avoid letting in henchmen, shills or those looking to cause trouble.
If you cause trouble or turn out to be a shill, you will be ejected.
thanks.
For those of you that Simon has stolen money from, and has then banned you from the room and used his runtime server on Ninja to deactivate your indicators, we have all of them decompiled !! Not that they are really useful, but if you’ve been thwarted by this scam and want to use what you paid for……. can give you these indicators!
We have: DRL, bang bang, price magnets, fx1, fx2, ACE, ACT, and others !
Here’s how to get them: post your experience with the scam here, and post an email address where we can you!
Say what?
You looking to sell some indicators?
These indicators are free to those that have already bought them and have been cheated by Simon. If you can describe your situation, prove your membership, show us that you deserve them I will GIVE them back to you.
We are NOT selling these
This is way over my head and I certainly understand your desire for justice. But I do not think you can distribute even for free someone else copyright product without their permission. Sounds like this is issue between Simon and the people that got ripped off.
Maybe you could find the programmer and get permission. But again way over my head.
Have you considered GTR / simon doesn’t own the copyright for these indicators, and now you resort to steal from a 3rd party by violating copyright.
That’s not cool…
If you are trying to have the morale high ground, you should take your claims to simon, not resort to activities stealing from someone not involved.
Im confused by this. why on earth would anyone want to use the indicators That Simon AP yousef has used and failed miserably.
He has already proved that he is the worst trader out there by using shitty indicators with stupid made up names.
We were in today’s free trial for the GTR , and THANK GOD there was someone in there referring us to this review ! We had ten or more students watching and we were all exasperated with the spammers, but now we see they are the heros ! I hope they read this ! THANKS FOR SAVING US FROM THIS SCAM !!!!
I am a current member in the GTR room. I bought my subscription for 9850.00 and this is after many repeated visits to the free trials.
It is apparent to me I have been “had” by this scam. Simon refuses to teach in the trials, so you come to realize that the only way to get access to his knowledge is to buy……..and of course Nadine was correct when she said Siman really can’t offer any more in the teaching than in the trials, BECAUSE he HAS NOTHING ELSE !
From what I learned I could never get filled at Simons prices,,,,he always was in and out long before I even had a chance….and I am fast ! I think the whole thing is just a set-up for a fleecing of young traders trying to learn…..SIMON should BE ASHAMED !
I have asked repeatedly for my money back, but now I too have been banned from the room. I hope the law will apply here and protect those that are still sucked into this !
I have been in and out of trading since 1994. I have been conned myself with the email scams back in 1999, but incredibly and thank the heavenly Father, I actually made money on one of the scams. Today the scammers have to be more sophisticated and great marketers with a talent to quickly quiet the inquiring mind! All of them have the talent to be politicians in this age. So … I found the free trial quite expository. As soon as you try and question their integrity, you are accused of having an agenda. I had caught them multiple times lying as well as one of Simon’s and many other trader’s famous excuses, ” I was distracted, so I missed it, but I did call it out”. You have to be quite sneaky in formulating your questions in order to expose the lie. But, I have to be honest in regards to knowing how to spot a con job. I think it is best to always with due diligence be skeptical! Everyone is responsible for their decisions, but to protect all, something has to be done especially when a good chunk of trading capital is at risk! If someone has been wronged and Simon and his associates are committing a crime(FRAUD!), then it should be exposed. I pray the one and only true God brings light and justice to the situation. Sincerely,
Jason, you are clearly one of Simons shills, and YOU are an asshole !
Jason P
This is the answer to you post from January 3:
1. People being stupid enough to buy GTR membership (me being one of them) does not release the vendor from the responsibility for cheating and breaking the law.. Otherwise drug pushers and sellers would never be charged as surely the fault is with the customers buying the drugs so it serves them right? Lets abolish all regulators as things can be self-regulated by the amount of stupidity/ cleverness of the buyers.
2. On GTR Tuesday trials things were always presented as if there was something crucial you did not yet know. As if knowing and understanding the methodology would increase your chance of success as you would somehow see and know in advance what Simon sees so you could anticipate him and therefore not be front-run by him. It took buying the membership to realize that Simon sees absolutely NOTHING and he makes it up as he goes. A bunch of levels that are used as a potential entry in 20 sequential trades most of which end hitting the stop and when one ( of 20) takes off, he claims he called it to the tick. So: Hand the money first, then you will understand.
3. It is obvious that you are a superior individual highly critical of the stupidity of us mere mortals. You saw in a trial what we did not. There were 284 people who were in the room a few weeks ago (GTR statistics), most of them very unhappy and feeling cheated. I am still getting private messages from members that do not dare speak publicly, including my medical colleagues from US. Are they all stupid? And in your superiority, what would you have us do? Not talk about it? You criticize this thread – why? Would you prefer no one saying a word so Simon Yousef can continue supporting his children at the expense on someone else’s children? I only heard you talk about members and their stupidity, not about Simon and his fraud. Do you actually AGREE with what he is doing? Would you like him to continue and have more people conned? So lets all shut up?
4. On many occasions I have been a target to savage attacks from Simon’s shills in the room before I got expelled for speaking out (do you also approve of this practice by Simon Yousef – take the money then ban? This is now becoming epidemic). The way you talk is very reminiscent of those shills . They were saying exactly the same as you: get out if not happy, hard luck for being stupid, you bought it, this is not Simon’s fault. I was called much worse than what we call Simon, which I did not deserve as I was always polite just stating the obvious and asking questions. Simon Yousef has earned his nickname many times over.
Additionally Simon and Bob are violating the accords with Citrx Gotowebinar / gotomeeting. We need to call the administrators and lodge our complaints with Citrix.
Call toll-free 1 888 646 0014
https://www.citrixonline.com/tosPopUp.tmpl
4.4 Illegal Purposes. Customer shall not use the Services for fraudulent or illegal purposes. Furthermore Customer shall not use the Services to record phone communications without notifying the concerned persons and participants that is recording such communications.
http://www.antifraudcentre.ca/reportincident-signalerincident/index-eng.htm
Ways to report fraud
By Phone
Toll Free
1-888-495-8501
Hours of operation
Monday-Friday
9:00 a.m. – 5:00 p.m.
Eastern Time
Online – CAFC Fraud Reporting System
Fraud can now be reported to the Canadian Anti-Fraud Centre (CAFC) through a new, easy to use, Fraud Reporting System (FRS). You can log into the tool using either:
GC Key (User ID/Password)
Sign-In Partners (Banking Credentials)
How stupid can you all be to be offered a free trial every single week, then decide on your own to purchase. Then you are offered a money back guarantee (as far as I know), and because of your ignorance you come into this blog and verbally bash people because of your ignorance? I have been to over 20 trials. That’s close to 140 hours. What else do I need. After all that, if I don’t like it I won’t sign up. Why is someone else responsible for your purchase and your decisions. And why the name calling? Well since this is purely a name calling room and nothing more, I don’t want to be left out. I have met a lot of stupid people in my life, but this blog breeds the stupidest of all.
Perhaps you like Simon Jousef arrogant prick, are an arrogant prick as well.
You appear to be so intelligent and everyone else so ignorant, we applaud your absolute perfect judgement by not joining.
I admit, I was stupid , a moron, and a fool. I am true to myself and being an honest person can admit when I “Screw up”.
It still does not void Simon Jousef from being an arrogant prick and a fraud.
The purpose is not just name calling, as that I must admit, has been a bit overdone on my part. I do apologize for continuing to call Simon Jousef an arrogant prick.
In fact, I fully accepted that I got conned and moved on with my life.
It was not until I found out about Mortgage & Mail Fraud Bob Amico and seeing Simon Jousef’s arrogant prick response to such news of “OMG what a shock, OK lets not lose focus”…
Up until then, I was fine.
But when I found out Bob’s rap sheet and then Simon the arrogant prick acted like he had absolutely no clue, I just went ape shit.
That alone gave me the absolute fortitude to do everything in my power to insure nobody would ever give Simon Jousef another dime.
And if it means, being called out as a moron, fool, and dipshit by people as smart as you Jason, then so be it.
Simon Jousef is an arrogant prick and a fraud.
He knew everything about Mortgage & Mail Fraud Bob, and Dr. Dean Handley and used it to buy 2 houses in his wife’s maiden name.
Simon Jousef the arrogant prick chicken shit even has the PayPal account in his wife’s maiden name.
Why you think he did that?
Maybe its not even his wife, maybe its another relative…Who knows, but nothing reads “Simon Jousef”.
Whats he so afraid of ?
In conclusion, Jason, I’m a dumbass, idiot, and a jackass.
But Simon Jousef is an arrogant prick fraud.
Jason P,
I was suckered in by a trading room once, not GTR. These trading rooms are masters of illusion designed for one purpose and one purpose only to sucker you out of your money. That is right to scam you out of your money and certainly not to educate you to become a profitable trader. Even one of the self-proclaimed greatest criminal mind of our time, Emmett, was suckered into a trading room which is why he said he started this blog. Happens to be the same trading room I was suckered in. GTR even works with Dean Handley who publishes articles and then even puts them on his titan list. A perfect storm.
And until this site there was no place that did an honest review of trading rooms. I went to the GTR trials and after being a sucker once I can smell a smoke and mirrors room a mile away, but they are brilliant in creating that illusion having their shill text how much money they are making and if only you had their education you can do the same.
I understand people getting suckered in once. But if suckered into another trading room with out doing their due diligence or being suckered into GTR after reading this blog, I have no sympathy. Fool me once shame on you, fool me twice shame on me.
I think one of the best things people who were scammed is to let all other traders aware of their experience by posting here in addition to filing charges with the regulatory agency. Heck where else but here would you have found out Bob Amico had mortgage fraud in his past.
Man, I was in only 2 trails on this GTR room and was obvious it is a scam. How stupid can you be since you could not realize that even after 140 hours ?
Bravo to everyone .
Absolutely great work.
We can make a difference , but we have to be willing to stick with it.
Simon is such an arrogant prick he feels insulated from everything.
Thanks C for posting that info.
There is no doubt the arrogant prick is reading this now trying to figure out who the hell you are and I am sure that drives him crazy.
Simon Jousef is an arrogant prick.
http://www.antifraudcentre-centreantifraude.ca/fraud-escroquerie/types/investment-investissement/index-eng.htm
Quote from Canadian Anti-fraud Centre – Investment scams link:
” Investment scams are not only “boiler room frauds” ……… These types of scams are categorized as investment scams and are one of many Mass-marketing fraud scams being reported to the Canadian Anti-Fraud Centre). An investment scam is any solicitation (telephone, mail, email, etc) for investments into false, deceptive or misleading investment opportunities, often referring to higher than normal or true monetary returns which consumers lose most or all of their money. Types of investment reported to the CAFC included ponzi schemes, franchise opportunities, futures trading……….”
Sounds familiar?
Yes Nadine, now this is what we must do. We need to get a representative investigator from these Canadian authorities to deliver our justice. Like the NFA, and the CFTC they have regulatory body jurisdiction, BUT more than this they have criminal fraud jurisdiction.
Another route we should immediately take is to contact the FBI. They have created the largest global anti-cyber-fraud division in the world.
https://www.fbi.gov/scams-safety/fraud/internet_fraud
I am asking EVERY member that reads this to PLEASE join us and file your complaints with ALL of these authorities ! WE CAN MAKE A DIFFERENCE IN THE FUTURES INDUSTRY AND HELP OTHERS WHO WOULD LOSE MONEY TO THESE ASSHOLES !
http://www.consumerinformation.ca/eic/site/032.nsf/eng/h_00388.html
then click on the link “scams and fraud”
sounds appropriate
thanks C
Rob
On the subject you raised of traders blindly signing up to these scam rooms with no proof and refusing to see the logic that your cat would see – it’s desperation.
People are desperate. Someone in the family is ill. They need money. They need pay medical bills, tor stay at home with them, or pay someone else to do it while they are out working. Or they are ill themselves. can’t go out to work. They need something like futures trading. They think it will be a solution. And IT IS if you know how to do it properly. But they know they haven’t got time. They need the money now. And so they hand over the last of what they have. And trade it in for an illusion of making 1000 ticks a day as per infomercial, While you can realistically hope for 40-50 ticks a day max on lower liquidity instruments (or 4-8 ticks on ES) if you REALLY know what you are doing and all you can do is grow your account and earn more money with the same number of ticks. But when someone tells you they made 1000 ticks yesterday ” and you still not a member?” ………
It is these despicable scammers that prey on that desperation. They are the lowest of the low. All of them claim to be big Christians. We had daily lectures from Simon Yousef on ISIS and how they destroyed his homeland. While it may be true, I didn’t pay him 7K to listen to that. Apparently his family speaks the language Jesus spoke. Really? What does he think Jesus would think about him supporting his family at the expense of other families? Praying on people’s misery and stealing the last of little they have left? Then helping them lose more money trading, because he trades THEIR money the way that makes Donald Duck look like a master trader? Plainly crapping on every trading rule that was ever known. Bob Amico told us he is sorry for ” not always acting consistently with his faith and beliefs”. He can take his faith and beliefs as far as he wants. He is only consistent in doing it over and over again. He was part of a company that was a fraud, then joined GTR that is a fraud, and now is setting up his own fraud. I am sure Dean Handley is a big Christian too.
With this Holy Trinity it is a miracle we have any common sense and trading rules left. And people who are desperate will certainly not listen to them
Nadina,
I think that is the truest thing I have heard. I was talk with someone that got scammed in one trading room and now is in another trading room. I ask him is that trading operator showing his DOM or any proof what so ever he can trade profitable and of course he does not and gives some lame excuse and yet this trader accepts the lame excuse and continues to be ripped off by this trading room operator. It is just soooooooooo frustrating. There is the old saying fool me once shame on you, fool me twice shame on me. And yet some people get scammed again and again. As I said, I have to turn to my cat for intelligent conversation
http://screencast.com/t/T29xgNmo
I wish I knew a way to reach these blind faith following people, but it seems nothing I say, no logic or reason works.
There are consumer protections available in the USA and Canada. Clearly lies have been told, many have been hurt from the scam.
The first lie is that Simon claims he is a “licensed CTA”
A “CTA” is not a professional designation. The NFA does not hand out licenses to manage capital. All it means is that you have passed a series 3 exam at some point and use the term commodity trading advisor to classify which type of asset manager you are. Simon claims that he has never managed others money. To use the initials CTA behind your name is clearly a way to make people think you have earned some professional designation, but the NFA only recognizes and then regulates a REGISTERED CTA. Simon is not a member of the NFA, and this frustrates them I am sure !
This is a clear case of criminal fraud and the consumer protection agencies will have to be the ones to stop it, but we need a loud voice to send that message !
All of us should forward our complaints !
http://www.consumerinformation.ca/eic/site/032.nsf/eng/h_00388.html
https://www.usa.gov/consumer-complaints
Bob is too easy to rip apart at this point.
https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=Robert+Amico+Mortgage+fraud&start=10
Simple Google search and you get pages of info on him and his scams.
Some kind of statute of limitation was lifted as it seems there is more and more info surfacing everyday.
Sadly, if he came clean on GTR and admitted everything he did was bullshit, Id have total respect for him.
He wont as he and arrogant prick Simon were in on the whole thing right down to getting Dr. Handjob (Handley) to endorse the room.
I am surprised he is allowed to trade for others ( I have heard him remark that “they” are trading for others) with a fraud conviction. Also, unless I am incorrect, you cannot call trades or use a cash account unless you are licensed???
Great job to all of you here !
Some ideas:
Contact Brian Reilly with the NFA by emailing him: Breilly@nfa.futures.org
IF you can make ANY connection to a registered NFA member doing business with Simon, Bob, Sandy, Coop, Dimitri, MES or other room partners, just turn them in to the NFA. This will add tremendous leverage to a deeper disclosure process. My gut tells me this is far larger than just 2 trading rooms run by different operators.
I want to feel that Gomi is not part of this ! Also I would be surprised if Mark or Fanck are part of it. Let’s let them continue, and listen for more valuable clues. Simon cannot sleep at night, Bob is a psychopath.
Another idea is to start a group class action lawsuit asking the Canadian authorities to represent us as a whole. These are criminal and civil legal issues.
I don’t understand why you guys are not reporting to Revenus Canada – am sure he would have evaded taxes on the shit fee he has been charging . and to RCMP – they have financial wings which takes care of frauds .
I have been in this Mortgage Fraudsters room ex con of GTR Bob ,,but the thing is have wasted few months fee and part of my account but no big fee like GTR .
Shaking heads above post is absolute truth .Sandy is a Retard or ball of the big fraud Bob .
Next week I will post some of the links of his mortgage fraud in his room for sure .
Nadina,
You took me back to my days of being in trading rooms. Gosh I miss all the smoke and mirrors (not really), thanks for the drive back down memory lane. Horrible memories, but memories non the less.
The only think I will add is that Kook-Aide is so powerful. I argue with traders all the time on Skype about con artist trading rooms and I tell you when people believe in blind faith logic and reason do not matter. It does not matter that the trading room operator can never show any proof they can trade profitably. I have argued with traders until I am blue in the face. I literally can have a more intelligent conversation with my cat.
But if I can save one person from throwing their money down the drain, I will have done my job.
Attention all potential GTR newbies (aka sheep to slaughter): I’ll give you a few trades. You don’t have to pay anything.
Buy bid. Buy bid. BUY ! BUY! BUY!
What’d you mean what instrument? Crude. No! No. Nasdaq.
What price did you get guys?
Right. My first target is 21 or 22. Out first target. Rest out on break even.
Anyone with me on that trade?
Now crude wants to go up. It’s a poke-poke. I think entry about 23 to 25. I am at +3 now. Shame, it hit the stop.
Thinking about entering that crude again. It touched +4. Right, I am out with +4.
Crude near that entry again. I am looking for a runner, guys.
( Fast forward the next half an hour: crude has touched the 23 entry six more times, and every time went the other way, hitting the -7 stop. Finally for the seventh time it goes the right way and is now at +20. )
Did you see? Did you see? Guys I called that trade to the tick. Did I not say it would be a runner? Guys did you see? I have just given you the proof. My method is working. You just need to study it, watch the videos, so that you can anticipate and see what I see in advance. Method never changes. It keeps proving that it works. You just need to work on it.
I got a new moderator. When I saw his CV and how good he is on trading psychology, I said to myself: this is the kind of guy we need in this room. As he will tell you later, it is ALL about trading psychology. You can’t even dream of how many different things in your life have an impact on your trading. For example, your past relationship with your parents. It’s all in your psyche guys. That is where you will find the problem is. You need to work on that.
Surely you understand by now: If you are seriously considering giving money to Simon Yousef, you may as well just bend over singing national anthem at the same time.
“Yez, I see it , I see it. Waz too the teek!”
Nadina, you just saved people 10K and months of headaches.
This is in reply to Jason Isbister but posting it here so it won’t be missed by anybody. Jason, you say you are a new trader, and I’ll take you at your word on that (mostly), so let me point out a few things to you. You said, “Yes he does trade on his own when he is on lunch break and shows only glimpses of what he is doing , trying to recover from losses, but generally he is doing pretty good.”
The point of lunch trading is not that he’s trying to recover from losses, it’s that while he’s trying to recover from HIS losses, YOU can’t follow him and do the same because he is only showing glimpses of what he is doing as you said. This is supposed to be a TRANSPARENT room where you can follow him and supposedly make (or lose) what he makes. You cannot make up YOUR losses when you can’t follow how he is making up HIS losses. So there is NO TRANSPARENCY there. Transparency isn’t flashing your DOM when you’re already in a trade. When you’re down $600, and you trade through lunch and get back to BE and count it and others can’t follow it, but then you still report it to the public as if they could have followed it, then that is dishonest in how you report your winnings. It’s mind boggling that nobody in the room calls him on this. Being a ‘new’ trader, maybe you just don’t see the dishonesty in this yet. You will when you finally get burned.
You said, “I’d say give them some time to see if they are worth but I was there to witness those 3 , one thousand days and they were genuine.” Jason, they are ‘genuine’ if you don’t count the fact as I said that you can’t make up for the losses by following him when he tries to catch up during lunch when you can’t follow him and he doesn’t call his trades and flashes his DOM briefly and when you include commissions. And those 3 ‘supposedly’ $1k days have many, many losing days wrapped around them.
I will admit Bob has gotten better the past few weeks now that he’s trading 20 markets instead of mainly oil. But he’s gunslinging every moment, flashing DOMs that can’t be followed all the time, etc. At least you have recognized he can’t be followed all the time. But this room is supposed to be about TOTAL TRANSPARENCY and it isn’t. A person in the room should be able to follow him exactly. And you could at first. But his trading sucked so bad that he had to go back to his old style of trading to make money. The truth is Bob cannot trade profitably when he has to be clear enough for others to follow him. One, there isn’t time to follow him sometimes, the other is he isn’t honest about what he’s made because it couldn’t be followed. When you put out a figure to the public about what you made, then a person should be able to go into the room and make that. You can’t anymore because he had to change his trading style in the room to do better and that can’t be followed 100%. And he’s delusional when he states that he can be. Sometimes I think he really believes it himself.
You said, “In fact the members in the room, make more than whats on the DOM, almost every time.” You don’t get why this is so do you? THAT’S BECAUSE THEY’RE NOT TRADING LIKE HIM. You can’t trade like him and ‘make more than what’s on the DOM’. As a matter of fact, I’ve seen people in chat TAKE THE EXACT OPPOSITE TRADE HE JUST CALLED and make money and he didn’t. As a matter of fact, the other day he takes a trade and after a few seconds Sandy says, “Great trade Bob…oops, never mind. I thought you went short” and it was a loser for Bob. Even Sandy recognized the opposite call of what Bob did was the right one. It’s high comedy in there a lot of times. And don’t get me started on the win/loss ration of his target/stops.
Now let me say this. Bob IS trying I think. But him trying doesn’t make me any money. The point is that no matter how hard he tries, he can’t be fully transparent and make money for the people in the room if they are trying to follow him to make money. He’s reverted back to his GTR days in the way he trades by not being totally clear. Now he’s added to that not showing his DOM clearly all the time; flashing it over and back off the screen after he’s already in a trade; make split second calls that can’t be followed; presenting false results to the public, etc, etc, etc. I’ll have a further review with a little video showing what he’s doing. Nobody could follow it and it’s dishonest for him to report that in his results. And Dean Handley being a shill for this room just like he was for GTR when neither room clearly meets the requirements to be a ‘Titan’? You honestly can’t see through all this?
One question. Can you seriously say that you can CONFIDENTLY take every trade Bob/Sandy calls without hesitation, knowing you have a better than average chance of making money on that trade? I sure can’t. And if you’re making money in the room it’s because you’re not taking his trades either like the other ones and making money. So what’s the point of being in the room and paying $250 a month if you’re not making money taking his trades? The others sure aren’t trading like him that are making money. I mean if you do it for camaraderie, etc, more power to you. But don’t try to present that Bob is a good, transparent trader. He isn’t.
One more thing, if Bob was just honest about it all, it would be different. If he just said sometimes you can follow me, sometimes you can’t, sometimes I’m transparent, sometimes I’m not, sometimes I really suck and it is my fault, not the market’s fault, not Sandy’s fault, etc, I can’t trade in such a way and be totally profitable if I have to be super clear all the time about what I am doing, you won’t always be able to take all my trades because sometimes I have to get in in a split second, the results I am posting you wouldn’t have been able to get, etc, etc, etc, it would be different. If he would just own it, it would be different. And then let Dean Handly shill for him when Bob himself knows he doesn’t meet those requirements. Sorry. He just dishonest at worst and delusional at best. If you can go in there and take his trades confidently, more power to you. But if anyone in there is honest, they will have to say they can’t trade like Bob does and be profitable.
Bob started with the right idea, but he found he can’t trade in a way in a room where people can follow him clearly and be profitable, so he had to change back to his GTR style, just adding a DOM, and then not being clear with that all the time. He didn’t realize this in GTR’s room I don’t think because he didn’t have to be transparent. I think Bob actually can be profitable. He just can’t be when he has to trade in such a way that he has to be fully transparent and allow others to follow him clearly.
I’ve been in the room since the beginning, so I know what I’m talking about. Maybe if I’d just been in the room the past couple of weeks like you, I would have a little different opinion, but not much. Because I can’t overlook the things that are wrong that even you recognized in your post. He’s not as transparent and honest as he makes himself out to be, and you’ve even acknowledged that yourself by what you’ve said. I’m not trying to dog you here, but I think you’ll see it eventually if you don’t keep making excuses for the things you see are wrong.
@Shakingmyhead, With all that you’ve said up to this point, will you continue in the room or are you done?
Chris,
If Bob shows no signs of changing (which it doesn’t look like it), I definitely won’t be renewing. He would need to:
1. Stop taking these silly lunch trades and counting them
2. Count overnight trades separately, since not everyone can follow him at 6:00am in the morning.
3. Show his DOM on ALL trades, and manage them. This one is a biggie. Lately, many of his calls are just said out loud, with no DOM when he’s supposed to be showing all entries and managing trades on his DOM. He’s slowly and sneakily reverting back to his GTR ways because it’s the only way he can make money.
Simon Jousef Fraud A.P. (arrogant prick).
What is he charging per month?
I know it was like $350 at one time.
Personally none are worth it, but $100-125 is reasonable if they can trade. Anything higher and they are just out to rip people off.
Bill
Kudos to you. You have just described a natural history of a GTR client.
Can you believe they are still on the Titan’s list? I keep checking. Will be interesting when CTFC gets to speak to Dr Hendley.
Without question, I do not expect to get any money back.
I knew I was hosed 2 months after I joined.
I accept it and openly admit I got taken.
However, the good that has come out of this forum, it has brought many out of silence.
Simon is an arrogant prick, just want to remind everyone that.
The amount of messages I have received in the previous 3 days has been absolutely amazing. So many members of this con game who have been afraid to speakout thanked me for posting the articles about Mail & Mortgage Fraud Bob.
They know they cannot voice any opinion or discontent in any of Simons rooms because they see people getting booted constantly for speaking out.
So put yourself in most members as well as my shoes for 5 minutes.
We spent all this money and still hoping we get something for what we spent.
We know we all got fucked over, but you did spend the money and figure why not hang around, something my eventually pay off.
Then you see people asking the same questions you have:
How did Simon get filled on that, I didn’t….
I did not hear Simon call a trade at that price, where was his entry?
Why is he now referring to trading a channel, thought he was a profile trader?
What fucking powerline is he talking about, there are 20 of them on my chart?
You get the idea.
So you see people ask these questions, but they either get ignored or quickly explained away as you are still new, you will get it.
Then they ask questions again , and then Simon starts getting defensive, and starts telling you to go watch the video’s, or tells you you did not study his methodology enough.
Then they ask questions again and now the people on the payroll in the room start attacking you saying your disruptive. It gets real personal to the point your completely singled out.
Then if you ask enough questions, eventually, this gets you banned, Simon throws up some bullshit rules of conduct that you never seen before and your 6, 7, 8, 9K is gone.
SO as a member, you see this happen to so many people, you eventually just stay quiet and not say anything because you don’t want to completely flush your money down the toilet.
So this is my interpretation on what members are feeling inside this arrogant pricks room. I have had 4 people plead with me not to create a shitstorm in the room after posting Mortgage Fraud Bobs checkered past. So members are really uneasy right now and all this arrogant prick says is “OMG what a shock, lets not lose focus”.
Long story, even longer….
This is not about money any longer for me. This is about making sure nobody else gives this arrogant prick another cent, and that he reads everyday seeing more and more people come forward.
You call it negativity, Chris. . I call it justice. People need justice in order to be able to move on. The two things are not mutually exclusive. On the contrary they supplement each other.
Everything that has been said on this forum is positIve. It is making sure that scammers are caught and stopped. The idea is that CTFC and PayPal get 200 complaints about the same company. They wont be able to ignore it then. Then the state can sue in federal court. Long game but possible. Someone has to make a start in regulating this industry, it may as well be us.
Simon Yousef is already consulting his solicitors.
Yes Nadina,
Report it anyway even if it was 4-5 years ago.
PayPals policy is to protect customers from fraud and scammers.
Plus keep posting here as the arrogant prick looks at this everyday because he is paranoid as more members are posting on here, even the ones he thinks are in the bag for him.
If they are not involved in the scam, most likely they are pissed and looking for restitution.
Happy New Year you arrogant prick.
You are wasting your time with Paypal unless you have a valid dispute within the 180 day limit from time of payment. Paypal doesn’t care one bit about truly protecting buyers from sellers or sellers from bad buyers for that matter. I’ve been dealing with Paypal for 14 years on Ebay, they are a nightmare. As far as building up a case of complaints against a particular Paypal account – that likely get THAT account closed eventually. The seller can than simply just make a new stealth Paypal account.
Chris those are my thoughts. Look these con artist are not going to give any ones money back. What part of con artist do you not get. So Paypal would have to eat the cost. Yea they might shut down the account but he can just open up another one in another name and the scamming continues.
Just trying to save these people some time. Even if their efforts are justifiable they won’t make headway with Paypal unless within that 180 day window. Even then, proving one’s case and getting an actual refund is tough. It is hard to get over the feeling of getting scammed both financially and mentally. But the sooner you can move on in a positive direction the better in my opinion. Trading is 99% a mental game. And if your mental state is negative, best of luck.
If the paypal purchase was funded with a credit card, you can file a dispute with the card issuer, typically within 12 months . Also you can consider making criminal fraud complaint with the police in his jurisdiction, where a judgement against may allow illegal obtained funds to be returned for an even longer period.
It does not matter if the 6 months in which you an get the money back through the Paypal have passed. You still need to report it. Go to contact page and phone them. This is the message I got:
” Thank you for contacting PayPal Customer Support. My name is Katie and I am happy to assist you with your recent encounter with a potential scammer.
Your issue has been escalated and we are now reviewing the account of this potential scammer. Our aim is to protect you and every other PayPal user, the last thing we want is for someone to be scammed.
We appreciate you letting us know about this seller and we will investigate this thoroughly.
Thank you for choosing PayPal.
Yours sincerely,
Katie
PayPal ”
And Simon’s wife has refused my request for money back.
Great thanks for that info Nadina.. will contact PAYPAL today!!!
Does not matter if you have passed 6 months in which you can get your money back from Paypal. You still need to report this as a potential scamming issue. Best is to phone them. Go to “contact” on the website. This is the message I got:
” Thank you for contacting PayPal Customer Support. My name is Katie and I am happy to assist you with your recent encounter with a potential scammer.
Your issue has been escalated and we are now reviewing the account of this potential scammer. Our aim is to protect you and every other PayPal user, the last thing we want is for someone to be scammed.
We appreciate you letting us know about this seller and we will investigate this thoroughly.
Thank you for choosing PayPal.
Yours sincerely,
Katie
PayPal ”
And his wife has refused my request for money back
“Another happy member” …..
Thanks Dan (Alias) , you cant kick him out as you have no idea who he is you arrogant prick.
I will totally disagree with the above statement and give you my personal experience with Global trade room- futures fx. If i can save one person from wasting $8000 ‘ which I paid and lost’ then its all good.
I have 4 years of trading experience with limited success but i still got suckered in by the GTR. I had 4 months with them that was a total waste of money and time.
They inflate their ticks and combine them with the 3 traders that are there to total 100 ticks a day but its complete ********.
many times i took their trade calls to the tick and ended up losing 30/40 ticks but they would be the opposite +40/50.
Simon loves the word’ I told you it would go there ‘look! look! told you. most people with some experience with trading know that the analysis is the easy part, its the trade management that’s the hard bit, staying in trades and not overtrading. PLEASE DO NOT WASTE YOUR TIME AND MONEY, THEN THANK ME FOR SAVING YOU 1000’S of dollors.
address: 61 wideman Blv , Guelph, On N1E 0H9 Canada
Phone: 5197668083
http://www.apnewsarchive.com/2000/N-Y-Homebuilder-Charged-With-Fraud/id-24cedc81989fe5de14ec4e4aaad904d8
Defendant Overdoses After Mortgage Fraud Conviction
http://www.mortgagedaily.com/FraudAmicoConvictionOverdose040403.asp
Apr 4, 2003 – After being convicted of mortgage fraud, a New York homebuilder Robert J. Amico collapsed from a suspected drug overdose .
Great job.
I been getting private messages all night since getting banned.
Cant believe how many people have reached out to me.
Please folks, even if it was 4 years ago, stick it to this arrogant prick were it will hurt him the most….
PayPal has a 6 month limit on filing disputes… I have no problem filing a complaint but just hope it’s not too late.
Thanks for the support.
This guy needs to be shutdown once and for all.
I know your reading this YOU ARROGANT PRICK !!!!
Here is what he responds to me:
Bill,
I thought about this before emailing you , i also took my lawyer’s advice after I showed him all the posting you had made in the EM’s Blog
Please advice
Simon
Its obvious he is shitting his pants.
He has to confer with his lawyer because a member posted something on a blog site?
How about you ask that lawyer about hiring a known convicted Mail Frauder to run your Marketing and Sales (Bob Amico)?
Im sure he’s the one who told you to purge everything Bob .
How’s it feel to have a site you read everyday constantly confirming your a FRAUD?
You’re obviously so paranoid about it, you monitor it all day and cross reference it to any members who are demanding their money back, complaining, or just asking good questions you wont answer.
Feel the walls closing in around you?
Cant trust anyone anymore?
Well, guess what, I still have access to all your skype rooms and your trading scam room.
The great part is, you have no clue who they are because they are members looking to take you down .
There are more of us then you think.
Have a nice vacation you arrogant prick.
Great job .
There are some instructions by Tom above that outline how an account can be created to look like a REAL account in the DOM.
I have tried it and it’s undoubtedly what these fraudsters do.
No way anyone can trade like that in a RETAIL account without burying their account with exchange, ticket & commission fees.
All Mail Fraud Bob has done is create another illusion to try and fool people into thinking he can trade.
At some point, Bob and Simon will start to cannibalize each other.
Its only a matter of time but one of them will get squeezed and need to rat the other out.
Bob Amico is full of shit and a thief. I asked him many times to show his results for the previous nights GTR via email and Skype and no response or dance around the question. He is your full blown scam artist salesman. You can tell that when you listen to him speak. Then he will bang on about how he smashed his lats in a gym session the day before and he how shredded he was looking! This was during a trading session when we wanted to be taking trading. I mean seriously! The blokes a tool. Sandy would very rarely reply to questions and would yawn into the microphone every 5 minutes during the London session and would go quiet for 10 minutes at a time. As for Simon I think enough has been said in past comments. Don’t give these clowns any more cash. They wouldn’t be bothered with a trade room if they were great traders. They are greedy filthy scam artists before and won’t change. One of their other tricks at GTR was if they supposedly made 100 ticks they would say we made $1000 yesterday when 50 of the ticks were on the a $5 a tick market. So really it was $750 but who would notice. $1000 sound better. Imagine the backslapping and carry on when the three jokers got together. Jerks!
Has anyone been in this room since the start?
Are any of these numbers even legitimate?
From the little I have heard, nobody is making money in this room and the losing days are so huge most retail traders just cant sustain 1-2K drawdowns 2-3 times a week …
Let us know….
Traders,
AS we end 2015 on a very positive note Sandy and I would like to express our deepest thanks and well wishes to each nof you. We sincerely hope your 2016 is blessed, safe and one in which you trade profitably..
For the week ending today, December 31st, a week in which many traders did not trade, We not only had our 3rd CONSECUTIVE week OVER 200 Ticks (285 TICKS BEFORE FEE’S), but also on Wednesday we had our single biggest trade day as a room, $1,432.75 on 9 trades..In addition, we have now traded PROFITABLY for 12 CONSECUTIVE day’s!
For the month..
After a DISASTEROUS start we finsihed +$7,210.00 BEFORE FEE’S! For the trades as well as trade totals, please visit our website, http://www.tradingfuturesinaction.com to see the day by day totals..
Remember, this was all done ON THE DOM, IN FULL VIEW! In addition, we only count the daily total on my DOM..so, room ticks do NOT count in this total..
For those wishing to sit in a week trial please email me direct and I will send access..
Once again, we wish you a blessed and prosperous 2016!
Best,
Bob & Sandy
Head Traders/Partners
Are you seriously asking if Mortgage Fraud Bob’s numbers are legit? If you really have any doubt than go review ShakingMyHead video where he showed Bob did not accurately document his losing trades. Showing your DOM does not mean much if you then fake the results on your spreadsheet.
I can not imagine after all that has been revealed here one can possible believe these guys can trade profitably but if you do then here is what I suggest. You take his week trial. Trade his calls in sim and then come back here and show your results compared to his. Of course it is possible he has a good week and is honest in his results posting, so best to do this over an extended period gathers stats over several week of trials.
Hi,
i’ve been attending TFiA, Bob’s new room for a couple of weeks now and follow his calls closesly. I have found that his trading is pretty good and they have been making money on live account with a live DOM. Yes he does trade on his own when he is on lunch break and shows only glimpses of what he is doing , trying to recover from losses, but generally he is doing pretty good. I am not yet a paid member and have been observing very closesly almost everyday and have another friend who is also in the room follow his trades. His trades are good , only sometimes he doesn’t give much time to open up your DOM but most of the time, i’d say, 90% of the time, he gives enough time to adjust your limit orders. Sandy on the other hand is a useless guy who knows just to laugh out loud and praise Bob.
Its a shocker to see his criminal background, but he hasn’t done me any harm and the money they ask is not much , not like GTR. only $250 per month.
I’d say give them some time to see if they are worth but i was there to witness those 3 , one thousand days and they were genuine. Infact the members in the room, make more than whats on the DOM, almost everytime. Members share their ideas and the chat is pretty active. In my opinion which may not be worth much as a new trader, i’d say these guys are doing a good job, only if Sandy is let go and another experience trader is there to help. They trade with market profile and orderflow and with me being new, even i have managed to pick up levels to trade and scalping 4-6 ticks is not that hard.
If Bob has a chequered past, this doesnt mean that he cant mend ways and not provide a good service at all.
Thanks
Jason Isbister ( Bob Amico ) You have so much to say and praise Bob bang banged ups trade room but this comment wreaks of the stench from Bob himself or someone closely affiliated with his scam arsed trade room. You have already been caught by lying about your trade results so fuck off .
Hi Jon,
Why do you have to be so rude. I have nothing to do with Bob and expressed my views just to be a part of this discussion and community.
Yes, Tom, those numbers are real. But please note that many days you were $600-1000 in the hole before coming back to positive, and often you were trading all day to get out of the hole. Most traders, especially small account traders, are not able to trade like that. If you’ve got a 5-10k account and you hit -$750, are you ready to jump into the next trade? What about when it hits -$1200? Most guys will stop. Bob does not. His account is large enough that he can be down $1200 and continue to trade until he gets back to positive (or at least close to it).
Just today he took a 3 contract sell in ZB and was down 11 ticks ($1060.95) at one point. He wouldn’t get out of the trade because he was convinced it was coming down. He eventually got out positive but it took over 2.5 hours to get there. Would you or your account be able to handle that? How many more ticks could you have held before getting out with the loss? 15? 20? I’ve seen him hold an ES sell overnight because he wouldn’t accept the stop out. That one went about 10 points against him if I remember right.
My point is, if you have a big account and a lot of patience, it may be worth it for you. If not, I’d advise you to look elsewhere.
The guy in CTFC who is investigating GTR is called Steve Kim
If you put in a complaint (on CTFC website) he will email you and ask to talk to you.
Here are his contact details:
Steve Kim
skim@cftc.gov
00 1 202 418 5040
Why not complain to Revenue Canada and Royal Canadian Mounted Police RCMP financial wing about the misdeeds of this guy as he is based in Canada .
I don’t see how Simon can ban someone but keep all that money they paid. That’s a huge chunk of change.
If they just made a few changes to one of the paragraphs it might be honest. Change this:
GTR is a professionally run Educational Program. It’s sole purpose is to teach the GTR method to it’s life-long students / members and maintain a pleasant and cohesive environment for learning. This is accomplished through online training videos, open forum skype room (students helping students), and Live trading/training 50+ hours a week.
To:
GTR is a professionally run Trading Room ran by brilliant con artist. It’s sole purpose is to scam you out of your money using illusion and smoke and mirror techniques, which will be accomplished through online training videos, open forum skype room (shills suckering in newbies into believing the method works), and fake Live trading (no one with 1/2 brain would really trade this live) /training 50+ hours a week.
And Bill – if it’s any consolation I got the same letter!
🙂
Bill
Great job.
I just did what you said ( requested money from lg@tradinglibrary.ca that is Simon Yousef’s wife). I also phoned PayPal and they promised to investigate. I said to expect a lot of complaints about this account (FuturesFx). So anyone that did not do it yet, you need to contact PayPal and CFTC. Hopefully the sheer volume of complaints will speak for itself..
PayPal has a 6 month limit on filing a complaint. It’s past 6 months since I paid. Do you think this is different because it can be considered fraud?
This is how this prick justifies throwing people out.
You complain a few times, then he sends this bullshit thread about code of conduct, and then banns you.
Absolutely amazing . So please know, once he has your money, if you do anything that questions this pricks methods, he uses it as purpose to throw you out.
The fact that all the trials were a circus and a rigged con game orchestrated by a known convicted Fraud Bob Amico, has no bearing.
Folks stay the hell away from this place, these reviews are not made up or some kind of conspiracy against Simon Jousef.
This whole setup is one big scam with many players involved.
I know you read this you arrogant prick.
You fucked with the wrong guy, thats all Im gonna say.
I’ll make sure FRAUD gets plastered all over the web when anyone searches for GLobal Trade Room, Simon Jousef , or any other alias you or your wife use to con people.
Here is what this prick sent to me after continuing to ask for the truth about Bob Amico and refunding a portion of my membership.
Rules, Bylaws, and Conduct:
In short. No GTR information (Proprietary or other) shall be shared without written permission and consent of GTR and it’s representatives. You can read the full Refund and Disclaimer policy on the website. Everything in the GTR room is proprietary. That includes (but is not limited too): indicators, training videos, snapshots, dialogue and visual representation in the live trade rooms, skype rooms, and any other form of communication intended ONLY for the use of paid members and students.
If any proprietary or other information about GTR or it’s members is blatantly distributed, shared, or talked about in a venue outside of GTR’s environment without the consent of GTR, then all membership privileges shall be immediately revoked.
GTR is a professionally run Educational Program. It’s sole purpose is to teach the GTR method to it’s life-long students / members and maintain a pleasant and cohesive environment for learning. This is accomplished through online training videos, open forum skype room (students helping students), and Live trading/training 50+ hours a week.
No member of GTR shall or has the right to disrespect, slander, or ridicule any moderator or member in any way, shape or form. If any member is found causing disruption to the
the live trade room, by attacking every aspect of the training process. Harasses the moderators and / or students for the sole purpose of causing harm and chaos to the trading environment. Slanders and bad mouths students and / or moderators by trashing their reputation in other venues. This member’s privileges shall be immediately revoked.
You had ample time to request a refund in the first 72 hours of signing up. You had, 30 hours of live trading in the trade room where you could have asked for a full refund.
You came to countless trials prior to signing up for GTR membership. We never once asked or forced you to become a member. You called and requested membership on your own.
Due to the infractions above, we regret to inform you that your GTR membership privileges have been permanently revoked.
Thank you,
Simon Jousef
Everybody on this website is done and amazing job piecing the facts together and showing Simons true motives. I will not put Bob Amico on the same category because I believe in redemption. Just as redemption for Emmett. Not drinking the Kool-Aid but true redemption. In emmets latest review the guy sweet talks the whole thing and then when everybody says no you still haven’t proven it he shows his ugly side. He says good luck at looking for the holy Grail. There’s a big difference between the holy Grail and Having no proof of anything which 99% do. OK bottom line if Bob Amico continues to show his DOM to Emmett satisfaction and yes has profits in January as he’s now is in the black In December nk 10 consecutive profitable days. I want to ask Emmett of all the reviews how many have really proven it. I know of only two so far Bob Amico is showing it whatever its been. Joe Trader of open range trading he shows it as well it’s just that he Uses 30 tics stops which is just too much for Your average retail trader. Pretty much that’s the whole shebang who’s proving it how many out there who are proving it?? All the smoke and mirrors some nice some not so nice don’t want that ever to go forward Because if that becomes the industry standard they’re out of business. Emmett is making that happen all the people that are contributing are making that happen and I for one want to support anybody who is doing that in their trading rooms. 1000%. Proving their results
This seriously sounds like Dean Handley.
I am going to do a further review in a couple of days and nothing has changed. The only way Bob has had 10 profitable days is that he says so. With commissions, some of those days are losers. Lately, he’s been making trades during lunch, not calling his entries and only briefly flashing his DOM AFTER he’s already in the trade — as if that’s good enough to count it. It’s impossible to have taken these trades with him and he’s using them to make up his losses before lunch. Totally dishonest and not transparent.
The fact Bob shows his DOM (sometimes) does not make up for all his shadiness on how he states his profit. Today he started talking about how you need to have a big account to suffer large drawdowns because that’s the only way you can trade anyone. Making excuses for his huge drawdown days.
But I have another review coming and I will go into this more. Bob is hiding just like he did in Simon’s room, but he’s hiding by not being totally honest about his results every day even though he shows his DOM, and not being honest in that a lot of those profits come when others can’t follow him. When you factor in commissions, it’s even worse. And I’ll have some definite examples that people can view that can’t be denied.
Here are all the alias’ this Fraud has used over the years:
Domain name: tradinglibrary.ca
Domain status: registered
Creation date: 2010/11/03
Expiry date: 2016/11/03
Updated date: 2015/10/28
DNSSEC: Unsigned
Domain Name: GLOBALTRADEROOM.COM
Registrar: ENOM, INC.
Sponsoring Registrar IANA ID: 48
Whois Server: whois.enom.com
Referral URL: http://www.enom.com
Name Server: NS1.GRIDFAST.NET
Name Server: NS2.GRIDFAST.NET
Status: clientTransferProhibited http://www.icann.org/epp#clientTransferProhibited
Updated Date: 04-apr-2014
Creation Date: 31-may-2013
Expiration Date: 31-may-2016
Domain name: futuresfx.ca
Domain status: registered
Creation date: 2007/01/12
Expiry date: 2017/01/12
Updated date: 2015/12/15
DNSSEC: Unsigned
He has also deleted everything from his video library from Bob Amico (Mortgage Fraud) and all trading records as well.
There is no question Simon knew the checkered past of his Director of Sales and absolutely was involved with him from the start of the Global Trade Room.
Bob started in 2012 right before the creation of Global Trade Room.
What was once FuturesFX.ca turned into GlobalTradeRoom.com.
TradingLibrary.ca is a site Simon has failed to update, as it still shows Bob & Sandy as moderators.
Dont worry Simon, screenshots have already been taken and sent to the authorities, so go ahead and change it now.
You arrogant prick.
I would suggest anyone wanting their money back, send a money request via PayPal to:
lg@tradinglibrary.ca
This is this pricks wife and uses her name for billing under her maiden name.
Its real easy, just follow these steps:
1. Login to PayPal.com
2. Click on Send & Request in top Margin
3. Click Request Money
4. Type in : lg@tradinglibrary.ca in the Name or Email box
5. Type in the Amount
6. Type in a Note: (Like I want my money back you arrogant prick)
7. Click the REQUEST button
If enough of us do this, and keep doing it we can get him classified as the fraud he is on PayPal and may even get our money back.
Time for us to turn up the heat on this arrogant prick.
ar·ro·gant
ˈerəɡənt/
adjective
having or revealing an exaggerated sense of one’s own importance or abilities.
Hahaha Tom, good work.
Bob bang banged up is finished. I hope any members he has left see all this. I might go into a trial of his room and let everyone know. That would be classical to hear him TRY and Bullshit his way out of that.
Looky here, Firm Expelled .
Bob, do you have this one on your resume?
Oh I think you do. Looks like FINRA has you working there 1990-1991.
THOMAS JAMES ASSOCIATES, INC. (CRD# 15609) – ROCHESTER, NY
FINRA expelled the firm in 03/1999
======================================================
Here is another bute. Check out this fucking schlock house.
INVESTORS ASSOCIATES, INC. (CRD# 958) – HACKENSACK, NJ
FINRA expelled the firm in 05/1998
Looks like FINRA has you there from 1992-1995.
=======================================================
FINRA says you only worked for 10 years as a broker, before you started your mortgage fraud business.
You tell everyone you worked on Wall Street for 16 years.
Only 2 of the firms were even based in NYC.
The rest where just branch office shit hole boiler rooms.
It even says that in your new scam trade room.
Why dont you stop lying you dirt bag, and come clean .
How about posting some of this on your goddamn weekly newsletter?
Stay tuned, got more coming …….
AND BOB, YOUR STILL NOT INDICTED !!!!
Hey Bob,
Rather than repost your shitty emails , with your shitty track record, how bout continuous new clippings about your Multi-Million Dollar Mortgage Fraud Scheme .
I’ll also keep posting clips of all the chop shop brokerage firms you were at during your illustrious brokerage career.
Im sure if we keep digging, we will find out you robbed neighborhood lemonade stands as a teen.
Here you go:
https://news.google.com/newspapers?nid=1916&dat=20030704&id=Ew4hAAAAIBAJ&sjid=HXUFAAAAIBAJ&pg=3669,449802&hl=en
Put that in your goddamn weekly email .
Im sure that will “will help you grow from that kind of exposure” …
Nadina,
Several members reached out to me and confirmed that they knew about it.
Three people ask me not to ignite things and create a shitstorm.
One of which pleaded with me, and tried to tell me Simon did not know.
Skype was the last place I was going to argue about this. Its senseless since right away there were people coming to Bobs defense like he stole a bottle of brandy from the liquor store.
Just seeing Simon’s asshat response of “OMG what a shock”, “lets keep focused”, just proved that he knew.
Simon knew everything.
I am sure Simon and Bob had an agreement Simon would claim ignorance and Bob would simply take the fall and it would be as if Bob lied to poor Simon.
See right through it.
Its why the departure was so quick and clean and nothing was spoken about .
As soon as the heat started from this review, the scam started falling apart.
They both knew it was unraveling and only time before old Mortgage Fraud Bob would get exposed, so time to split.
But Simon, you screwed over far too many people, and now the truth is out.
CHECK & MATE you arrogant prick.
Enjoy your vacation
As Bill says regarding Bob ;”there is no human way Simon did not know about this”. Couldn’t agree more.
After I have been booted out of GTR for speaking out , other members now let me know what is happening in there. I got a message that when the news about Bob was posted here (goes to show every GTR member now reads this forum), Mr High Horse Superior Pontificator Simon Yousef apparently said: ” OMG what a surprise”, then “lets keep focused on our trading”.
Simon only let Bob work for him and took advantage of his fiddling ad obviously well perfected cheating methods, and now he is doing his usual act again: pleading ignorance and innocence and INTEGRITY and so treating every GTR member as if they were absolute idiots. He is doing it again. You don’t see what you see. Simon will tell you what you see.
No wonder all GTR members now read this forum and most of them post here (under a different name). They would implode otherwise.
Simon and Bob are partners in crime. But Simon let Bob do lower jobs (like selling) which Simon regards as being beneath him . Did not stop him taking and keeping the money from the sales Bob made. But now he says OMG.
On the subject of Emmett’s review: I don’t think you need to worry guys. Emmett has stipulated as one of his conditions that a live DOM or a chart trader is shown. The other condition is that the trade performance is shown as achieved live (statements). Showing DOM itself is not enough if the results obtained on that DOM are then ignored or doctored and some other crap (like saying that someone else got great results) pushed around. Bob can say anything he wants about getting a good review from Emmett. He is not getting it.
He will have to content himself with a review from Dean Handley which he will surely get. He fulfills all criteria for that.
Maybe I should rephrase that last paragraph, because I don’t really have any idea what Emmett is doing in regards to the review. I am hoping Emmett takes all this into consideration, what he himself has written and what others have said when he does his review. Maybe Bob for some reason just assumed it was going to be a good review without Emmett having told him that. So my intention is not to call Emmett out. Sorry it came across that way.
I just want to remind everyone what Emmett himself has said about Bob in the the review and comments:
“At the end of the long trading day on September 2nd, I sent an email to Bob “Bang Bang” Amico and said that I was ready to send my $9,850. I was excited about the opportunity and could not wait to learn all of the secret trading methods of the Global Trade Room. However, before I sent my $9,850, I just needed to verify that the trades called in the single recorded trading session were real trades(as Bob claimed). I just wanted a screen shot of Bob and Sandy’s consolidated trade report that comes with Ninja Trader. Bob responded with a very curt, “NO”. Bob “Bang Bang” Amico simply blew me off. Bob has no problem declaring that each and every trade is 100% real and verifiable, that the Global Trade Room is the highest earning trading room on the internet, and a whole host of other wild exaggerations, however the moment you ask him to verify performance…he turns as slippery as a wet turd.”
“I was shocked at the amount of boasting by Bob “Bang Bang” Amico, to come right out and say that every single trade is 100% real and verifiable is just crazy. Especially since Simon is a registered CTA, all of this is going to haunt them.”
“Bob “Bang Bang” Amico is now claiming that I want $20,000 to take the review down. What a bunch of poppycock. I cannot wait for the CFTC to hammer this douche bag of a human being. This guy is worse than scum.”
How could Emmett not take all this into consideration when reviewing Bob and Sandy now? Did he forget this? How could Bob say they are ‘getting a good review by Emmett’ unless Emmett had told them that? Did Emmett forget that Bob is ‘worse than scum’ and actually lied saying Emmett wanted $20k to take the review down? All is well because Bob shows his DOM now, but is still shady about his losses with the public? Now you know why my handle is ‘ShakingMyHead’.
As a member I am so absolutely pissed off to hear about Bob Mortgage Fraud Amico .
There is no human way that Simon did not know about this.
He can claim ignorance all he wants, but it is plainly obvious he used Bob’s tactics to sell tons of memberships and buy 2 houses in the past 2 years.
These guys are the scum of the earth.
Simon, I hope you are reading this, because I am going to do everything in my power to insure you are closed down and put in jail.
Enjoy your vacation you fucking arrogant prick.
Bob room is losers Den ,shows Dome but bigg losses the way he trades has my account blown off . Keeps praising Some guy who sat with him and learnt some kind of stuff .
Bullshit if that guy is making that much – why not use same thing in room .What benefits it gives to people in room – just satisfying there ego by telling how many ticks they have made .
Have stopped going in room and am out after being in few months .
No training no indicators – creepy .And after reading above links on his past – it is wise to move away and not waste / blow your accounts .
Sam, I was gonna mention something about this myself. If Tom is doing so great with this and making all that money, then why is Bob losing so much? Obviously what Tom is doing he didn’t learn from Bob. Does Bob realize how stupid this makes him look that supposedly the guy next to him is making all this money and he’s losing?
Oh and you can be sure that Bob bragging today about how Tom has made so much money was done with a purpose in mind. Knowing what a snake-oil salesman Bob is, he’s using Tom’s success to pitch some “new method” with an expensive indicator he’s been talking about.
Never been to Bob’s Room, but I have been to enough trading rooms to realize the whole thing is one big illusion with one singular purpose, “To do whatever it takes to sucker people out of the their money”. Nothing else matters to them. NOTHING ELSE!!!!! This is important to understand; their goals and your goals are completely different. They are not looking to teach anyone anything that will make them profitable. I do not care how caring or sincere they sound. That is how great con artist steal your money.
Without even being in that room, I have no doubt there is no Tom, never was a Tom, Tom never existed or any other mysterious profitable person. All illusion. In this case it is the coach concept. Bob cannot trade but he can coach you to become a great trader. You are suppose to be able to figure it out even though Bob cannot. What a joke. The whole thing is a joke. Until people “Truly” realize these type of trading rooms are all smoke and mirror and nothing more they will continue to be suckered. in.
And I want to explain why what I said is so important. Maybe the regulators will close these guys down, but many of these people are located in different countries and will just pop back up like warts. This is why it is so important to inform people of the way these con artist work. But I tell you it seems to be a losing battle. I tell this to traders and then they go and join a trading room that shows no DOM or proof what so ever. I am just amazed!!
I totally agree Rob. Though in all honesty, Tom seems like a real person, as he’s very active in chat. Whether he consistently makes profit is another story. But regardless, Bob is quick to take advantage of any success story (since he himself can’t trade worth squat) and milking Tom’s success in order to get more subscribers and pitch this new method/indicator.
Yes, Physically there is someone claiming his name is Tom typing in the chat box. But in reality it is all an illusion. Tom is Bob or Bob’s Brother Richard or another family member that could not trade the method Bob teaches profitable if his life depended on it.
I know it is hard for decent, honest, and trusting folks to understand just how corrupt these trading rooms are. Read that article again, maybe 10 times, and see who you are dealing with.
Think of it this way. Your goal is to Scam people out of their money by running a trading room. That is your only goal. Does not having Tom chatting away how he is knocking it out of the park making money using the method you taught him not help achieve that goal? If yes then you will have a Tom in your chat box to achieve your goal.
Until people realize this is all an illusion they are doomed to be suckered in by the next trading room.
I can add no more to show the light of day. You just have to see it for yourself or not.
I will add one thing. In my experience devils seldom wear horns and carry pitch forks. Instead they start trading rooms and give the persona of a caring individual that just wants to help you become a successful trader as they bleed you dry.
We can all talk and spread the word about these fraudsters until we are blue in the face but actions speak louder than words.
I have made my complaints with the CFTC & NFA.
The more people that do it the better chance we have of getting these scumbags shut down and arrested.
Come on people….it doesn’t take long at all.
I sent an email to Dr. Dean Handley, mentioning this thread and asking Dean if he was aware of Bob’s past and if he was going to continue endorsing Bob. Below is his reply:
======================
I did not know – but your questions are not linked –
Emmett was convicted and stayed convicted – Bob’s was overturned –
Bob trades truthfully and profitably – Emmett does not trade at all –
Emmett is deceiving people – you think b/c he has been “open and upfront” that he has been truthful and complete in his statements? Naive really don’t you think? Run a criminal check on Emmett or better yet go to Lexus Nexus and look at his court documents – don’t let a swindler and fraud form your opinion for you.
=====================
Uh, excuse me, but when was Bob found not guilty of his crimes? Dean is delusional.
I find it amusing that Bob is not forthcoming at all about his past, yet Dean (who was unaware about his past) still he excuses him. While Emmett is totally open about his and Dean tries to use it to discredit him. And why? Because Bob lines Dean’s pockets. Unbelievable.
The difference is, if not obvious. Emmett is open and honest about his past. Emmett lets you post right here any evidence you have to show he is wrong. If you do not think Emmett is truthful and honest in his statement, all you have to do is show any evidence to the contrary, right here. Come on Dean I double dare you! Show a lick of evidence what Emmett wrote is false.
Bob on the other hand tells no one of this past and as ShakingmyHead showed in a video he is faking his results.
I dare Dr. Dean to show any proof what so ever he could traded Bob’s method profitable and let people here see it. And then answer how can he explain the video ShakingmyHead posted that is clear evidence Bob is a fake.
I forgot this industry is not about honesty, but scamming people. How dumb can I be to forget that. Sorry!
It looks like the GTR room is not calling trades and recording a trade record anymore, Simon seemed to be saying he would only call out areas that clients are suggested would work out, it is their decision but no clear room calls will be made going forward. This is what many other rooms do, but it would be a drastic change for this room, and not at all what I paid for. Did anyone else get this impression or did I hear them wrong?
Another WOW!
Bobs Trade record for his last 20 trades in ”1 DAY” 157 ticks won. 188 lost giving a negative total of – 31 ticks. On his first 5 trades he was already down – $740.
That amount of trades and stress in just 1 day is worse than beginner level trading.
We may as well kick him while he’s down because he is a little rat.
Anyone subscribing to his service is off their fucking head.
Wow! Bobs been bang banged up!
That is some serious level of fraud, He is one dishonest scumbag.
I don’t know how anyone could trust him now after these findings.
The game is definitely up.
I would put Simon’s GTR fraud on the same level as Bob’s mortgage fraud maybe worse.
And much worse than Bob’s New trade room.
The pic is definitely Bob. You can check his pic out on his TFiA website and on Skype and other places.
I wonder how Dean will react if he doesn’t already know Bob is a convicted felon, since Dean has been bashing Emmett based on the fact that he is a convicted felon, and as a matter of fact so has Simon, and Bob worked for him.
Just another piece to the puzzle but note this case was in Rochester, NY and guess what Bob went to college at Monroe College which has a branch in Rochester NY.
Rob, it is definitely Bob. That’s him in the pic being arrested in the article you posted. No doubt about it. Check out Bob’s photo on the TFIA site: http://www.tradingfuturesinaction.com/#!meet-the-team/c1n8o
If this is him, then 2 things:
1) Emmett should hire me to background check these guys as he is dropping the ball (actually I am not for hire) and
2) WOW!!! what else can I say. Just look at the trading room operators mentioned on this site; they range from con artist to doctors arrested from pushing pills. The poor trusting sole who thinks these tradign room operators sound so caring and sincere do not have chance. No way they realize what this industry is all about and this is the first site to shine any daylight on this.
How can it be that this industry is nothing by con artist. It is truly unbelievable.
Where did you learn Monroe College has a Rochester branch?
Wow.
Its all over Google:
https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=Robert+J+Amico+Mortgage+Fraud
You think Simon did not have any idea about this?
Him claiming ignorance is as good as him claiming responsibility …
Had a convicted Fraudster running his sales department.
Emmett how do you like this one?
Looks like Bob’s scams put yours to shame. 😉
Maybe Emmett goes so easy on him is that they were cell mates. LOL!
Maybe Emmett goes so easy on him is that they were cell mates. LOL!
A
Yowza. Mortgage fraud of $60million? All those emails by “bang bang” from GTR when they never even traded live on GTR as evidenced by the new room? This is truly the wild west of the internet. Snake-oil, tar and feather days. Someone’s going to write a book about this historical caper of the early 21st century of all this online financial fraud!
Chris
Firstly. GTR really is one of the biggest scams because of the advertising. Many other rooms will not provide statements of live DOM but they advertise themselves as educational, promising nothing concrete. Take it or leave it. This is why they don’t have three hundred members. GTR advertising is giving false and exaggerated statements and promises of a fantastic return, completely misleading people. Of all scammy trade rooms out there ( I tried about 10 or more, some of them evaluated on this website), GTR is THE WORST. No one else makes such bold claims of profit which could not be further from the truth.
Secondly, what you describe was not me. It was one of Bob Amico’s sales stunts. In one of my posts above I describe how on the very first trial I thought they were terrible and sent Bob an email to express it (said it was a mess). He said to stick with it and try to get used to how they operate. I wish I left then. The next trial was a good day and I changed my mind and handed the money. Hard to believe how stupid I was but GTR advertising and Dr Handley’s endorsement had something to do with it. The very first Tuesday trial after I joined, Bob was sure to use it. He called my name (after asking for permission first) , said I was a doctor and that I initially had misgivings, then signed up. I confirmed this was true as he asked me to. I did not volunteer or initiate any of that information and I certainly did not ” praise GTR for being a great room” as you put it. I just confirmed that it was me Bob was talking about. If you were following my comments in GTR chat, it is interesting that you do remember that single and very early event and not all the other comments I made in the chat, prompting Bob’s and Simon’s defensive derogatory answers and savage attacks from their shills. If you are not a member, many of my comments were made on Tuesdays, in an attempt to worn people not to join.
I am not quite sure what you mean by : “GTR is certainly not transparent in it’s trade calls – that needs to be rectified.However, I trade a very similar approach to their room and it is effective.” ??? Many have commented here on the fact that the GTR method does not give you the actual entry to the trade. It gives you a level. Hence you can end up trying it on and entering 10 times in a row as Simon does (with his clients’ money anyway), hitting the stop then entering again. I sure hope this is not how you trade. If you have never signed up. how can you be sure what this method really is? To say the very least, you would need another solid method to give you an actual timely entry – in addition to this self-proclaimed GTR voodoo stuff full of “power lines” so many you are bound to hit one. Their chart is a bloody mess. you don’t even see the candles properly so where is the price action? It is static info, just levels. What you do with them, no one knows. If you do, please tell us.
And any claims that anything works should be supported by statements.
My apologies Nadina – in my memory I associated your name with good things said about the room. What you said about Bob makes perfect sense.
With Bob’s new criminal background coming to light, I am not surprised he was such an a-hole to you.
Guessing Bob isn’t about to get any good reviews from Emmett or Dean anytime soon.
http://newyork.realestaterama.com/2007/11/01/amicos-plead-guilty-in-connection-with-60-million-mortgage-fraud-conspiracy-case-ID0112.html
See, just like Dean said, Bobs conviction was overturned.
He just forgot to mention the guilty pleas that followed, innocent mistake.
Came across this article. I ask the posters here to decide is this Bob Amico from 2008 our Bob Amico based on the photo
http://roc.democratandchronicle.com/article/20080304/PROTOTYPE/303040005/Amicos-receive-new-prison-sentences
the photo looks like him, i think..
Rob — great find. That is indeed Bob Amico. Will make a post of my findings in a separate post in a second.
I wrote this to Emmett several weeks ago and was just going to let Emmett decide on what to do with the info. But now that the cat’s out of the bag, I guess I can post it here too. That definitely has to be Bob Amico. Here is what I had found on him:
If you google Robert Amico, you’ll come across several articles regarding a huge mortgage fraud scam back in 2007 in New York, like the one Tom posted.
At first I brushed it off, thinking there’s no way that could be the same Bob Amico. But I did a little more digging and found a few tidbits that has me wondering if it could be Bob:
1. Here’s Bob’s LinkedIn account:
https://www.linkedin.com/pub/robert-amico/4b/719/38
The picture looks like the photo he has on his TFiA page, so this is definitely his account. You’ll notice a few things on this page…. he has experience in real estate and the mortgage industry and that he went to college in New York. Surely just a coincidence I thought…until I kept digging.
2. In the realestaterama link that Tom posted, it states that Robert Amico was 45 back in 2007. That makes him 53 years old now. On Bob’s skype account (bobamico055), which he uses to interact with members and an non-members who wishes to speak to him, his profile states that he is 53.
3. Here’s what appears to be Bob’s old Twitter account:
https://twitter.com/robertamico1
Again the picture looks like same person on his TFiA page. If you click on “followers”, you will see that there is a “Rick Amico”. If you recall, all the mortgage fraud articles stated that he had a brother named Richard who also served time for the fraud. Could Richard be going by Rick these days? In addition, if you click on Rick’s twitter account, his most recent post talks about giving fair chances hiring former prisoners.
Rob, that link you found pretty much sealed the deal that it’s indeed Bob — that’s a photo of him, 100%.
Tremendous digging Sandman and Rob! Well done indeed! I expect Emmett to offer you lucrative consultancy contracts ASAP
Also one of the defense lawyers (Mark Lembke) in the fraud case has endorsed Bob on his linkedin account for construction and property management
heres the case:
http://caselaw.findlaw.com/us-2nd-circuit/1020339.html
So two guys using google get further than the CFTC seems to be able to get with half a billion a dollars a year in tax payer funds.
Rob B,
The link from your 12/17 post with Amico’s photo is dead and I wonder why. Any chance you have a copy of the article and or picture.
http://roc.democratandchronicle.com/article/20080304/PROTOTYPE/303040005/Amicos-receive-new-prison-sentences
I’m investigating another lead with implications for Robert J. Amico, his new trade room, and his status as a Ninja Trader Ecosystem partner. Hint: Either Ninja Trader did a lousy job of vetting Mr. Robert J. Amico, or he lied to Ninja about his history and background. Stay tuned.
I guess the link went dead. I did not keep any copies. I just searched mortgage fraud and Bob Amico and found one with a picture and asked if that was him.
I don’t really care how much Dean Handley gets from GTR and I don’t think it is very much anyway. If he was telling the truth I would not mind him charging a fee for his services.
What I care about is the fact that he presents himself as an honest man. I thought it appropriate to pay for his advice and he sold me his stories about honesty and working for the traders and against the unscrupulous trade rooms. What does he call GTR then?
Dean Handley has dropped rooms from endorsement before. What is it that makes him hold on to the biggest fraud that ever existed in trading, after all the arguments that were submitted to the contrary? How CAN a man that calls himself honest think he can still maintain that GTR are not scum?
GTR is NOT the biggest fraud that has ever existed. There are plenty of other rooms that have been selling the dream to people for a much much longer time.
In fact when I was in a Tuesday trial some months back I recall you, Nadina, telling us in the chat how great the room was….
Maybe that was wishful thinking and obviously things didn’t work out well for you with them. I attended many a free Tuesday and took some free education from my time there. I never however joined. Bob was too slimy for me.
GTR is certainly not transparent in it’s trade calls – that needs to be rectified.
However, I trade a very similar approach to their room and it is effective.
Nadina,
I could not agree more. Dean Handley writing articles for Future Magazine and giving this illusion of being a honest independent 3rd party evaluator is one of the main reason GTR is able to con so many folks out of their money.
Frankly, I do not know if Dean is corrupt, incompetent or both, but i do know like GTR he never shows any proof what so ever he can trade this method profitably. And he offers no blog where people can comment, nor does he respond to post here or any post asking how he could trade this method profitably.
All I know is after seeing that video of the PHd and his wife in that run down kitchen, something is obvious not right with him.
I hope someone who wasted their money on this worthless course brings a lawsuit to both GTR and Dean Handley and files disclosures demanding both of them to show any proof they can trade this method profitably.
If you look on Simon’s facebook & twitter page you will see he has spent a lot of time on the road in seminars and conferences doing sales pitches in his bad suits, it makes you realize that this guy spent a lot of time marketing his shitty products and less time Trading. He states that he has had 2000+ ”Happy” customers, If each of his victims spent an average between $5000 to $8000 that is a mind blowing $13,000,000….yes that’s right (13 million dollars ).
This guy is a serious fraudster and I don’t know how he has been able to carry it out until now??
WOW!!!
13 million dollars. Crime really does pay. Why risk getting shot robbing liquor stores and making nothing when you can just do this instead and better yet the regulators seem like they do not even care if you scam would be traders.
Just get 3 people making murky and hindsight calls. In hindsight say how all the member who took your course got that one. No matter what the trade does, goes 4 ticks, 5 ticks or whatever call it a winner; “Made 4 ticks on that one”. Never show a DOM or any proof what so ever your fantasy method can be traded profitable by anyone. Have shills call out how they are hitting it out of the park and the only reason you are losing is you do not have their secret formula. Post a bunch of ridiculous made up post on investipedia and other sites. Charge $10K for this complete BS that could not be traded by anyone profitably. And how can I forget the most important iceing on top of the cake; pay off Dean to get on his Titan List.
And here is the saddest part of all before Emmett no one called them out on this complete BS. This place is a black hole who’s only purpose is to sucker in naive want to be traders.
Making 13 Million doing this scam, these guys are not going to close up shop without a fight. I am surprised they have not just offered Emmett a million to go away or maybe they have.
This trade room is finished.
Simon does nothing but pontificate all morning long about levels that never get traded.
Simons new technique is to manage a trade out of thin air as if he called it 10 ticks earlier. Really rather remarkable.
He just starts managing where the stop should be , then says , ya we are up 20 ticks right now.
Happened twice today alone, probably 4-5 times last week.
The guy does not even think anyone is catching on to what he is trying to pull.
The room is a snooze fest not worth $2 for a good laugh.
The only reason I listen is an attempt to get something out of a membership that is completely worthless.
Im on the verge of going ballistic and teeing off..
I expect I’ll be posting here before the end of the week that I got booted for calling Simon an asshole …
Has anyone here tried dealing with Paypal about getting some refund due to decreased value and drastically changed training/trading environment since joining which is undeniably true? I don’t think they are even attempting to offer a trading record going forward from what I could tell today.
Simon & Bob manage to con people into joining or staying with them even after bad results.
They will constantly call out area’s that often get hit and will harp on about it constantly on how they “Told you it would go there to the tick” Simon’s favorite ”Look Look what did I tell you”
To the new member or inexperienced they will be conned into thinking that they are seeing something special from Simon & Bob that not many people can do.
Analyzing charts and calling out precise areas in the market is something that any person can learn, It may take 6 months or 6 years, its how many hours you spend studying.
But the the very very difficult part is consistently making a profit from those areas.
Ive been trading for many years and can still lose money even when my analysis has been spot on, the timing may of been out & the stop was in the wrong place or profits took too early. Its a constant battle, no matter how great you are at calling out areas it does NOT make you a consistently profitable trader.
DO NOT give money to these clowns just for calling out areas, its not rocket science or magic like they claim it to be.
Hello,
I’d like to comment on the way Simon counts the total ticks per trade.
According to him he trades more then 3cts sometimes much more, unlike ever most of the people in the room who trade 3 only. the the tick count is done is this; He takes 2 off at the first target, then he constantly taking more and more off as the trade goes on and the final target goes into the total tick count. That makes no scene to me , if you are in with 9ct , then you may hit 5-7 targets where others will get only 2 , so why would would you count last target into the total ticks count. It would have been fair , in my opinion if he’dd count losses on all the contracts as well, but losses are counted on 3 ct
Shakingmyhead
I agree with everything that you said, I had a week trial with Bob bang bang , Total garbage.
How come the silence on this thread Emmett? You’re not seriously going to give Bob a good review as he states, are you?
Chris, I read your post and thought I might have had a memory lapse and had written it myself. Your whole post is right on. If you go back and read some of my earlier posts you’ll see how similar they are. So true about him having lost so many times and so big, you absolutely have NO confidence in any of his calls. I don’t see how anyone could take a trade call from them any more with any confidence at all.
Bob: “We have a VERY good review coming on the 16th from Emmett Moore and Dr. Dean is naming us a Titan. HUGE exposure.”
I also had seen in Skype where he said he was going to get a good review from Emmett. I don’t know how he could know that unless Emmett told him that, and if Emmett gives them a good review I will have lost all confidence in Emmett. A good room is more than just showing your DOM and being ‘a nice guy’. You should actually be a good trader too. Without the cover of Simon’s room these guys absolutely suck. And like you, I like them and was rooting for them until it turned so bad. And it wasn’t the just going bad, it’s how Bob tries to cover it other than showing his DOM. He says he’s being transparent, but other than showing his DOM in the room he does his best to hide results from the public.
I had also noticed as you said how he basically lied about his overnight trades. I checked them out too and no way those were winners like he said. Like I said, anywhere he can ‘fudge’ he does. Like I’ve said before, everybody loses. But it’s how he tries to hide it outside the room when he does. Because he can’t hide it in the room. And here is a guy that basically bilked every one in Simon’s room, and it supposedly trying to make it up to everybody (not sure how), and then in the same comment in Skype about getting the good reviews, he then says about the traders he lost because he was trading so bad, “We lost about 9 guys because of last week..Too bad for them”. That just shows you the attitude he has toward people. Here he ripped tons of people off in Simon’s room, and now through his bad trading no telling how much people lost in the room, and they leave because of that, and it’s “too bad for them”. Unbelievable.
If Bob had any integrity at all he couldn’t accept being a trade titan with Dean because he knows it’s a sham. He has done nothing to qualify for dean’s requirements just as you said. He knows it and Dean knows it. Total scam. Again, I can’t believe Emmett would tell him he’s getting a good review. Like I said, a good room is more than just showing your DOM. Bob is a very shady guy with how he trades other than in the room where his DOM makes it obvious how bad of traders he and Sandy are.
I don’t see how in good conscience Emmett could recommend this room because at least two of us here, Chris and myself know the real story. If you read the comments by Barry K. in the Right Line Trading review, and Emmet’s reply to that, it seems like Emmett may be going a little soft on us, especially for those that have committed fraud like he did.
Barry K: Perhaps you felt a sense of camaraderie given your baggage? Your credibility has taken a hit in my eyes because of this kid glove treatment to Sachs.
Emmett: I agree with a lot of what you are saying. Specifically, the part of relating to my own personal baggage. You hit that on the head for sure.
Also read the subsequent reply by IRS Reporter with even worse facts and Emmett never even commented. And I notice an absence of comment in this thread by Emmett. I think Emmett might be getting too friendly with some of these guys and it’s hard for him to give a bad report. I’m concerned Emmett may do the same thing with Bob as he did with Right Line.
Thanks for the comments shakingmyhead. At least I know I’m not the only one in the room who experienced this. Yesterday Bob ended up down around 120 ticks or more for the day. Yet he has the balls to say that those who unsubscribe are short-sighted? Sorry, but I don’t have deep pockets like him.
And I agree 100% ~ If he gets a great review from Emmett then there’s obviously something suspicious going on here. I expect it from Dr Dean because he receives monthly fees to have the titans on his list, which is extremely dishonest, but not from Emmett.
Me get too friendly? Maybe. But I am think I pretty much the biggest troll out there. Except for IRS Reporter, that guy is so nasty that Twitter even banned him. Even terrorists dont get banned from Twitter.
Be honest Emmett, if you’ve been in the room this month you know he’s getting crushed. You can’t give that your approval.
I’m all for transparency, sure, but I would like to see some profitability to go along with it as well.
I have not been in Simon’s room since the review. About Bob and Sandy’s room, they recorded the first two weeks in its entirety, in which I did review and to be honest…everything was above board. DOM was up, etc. I have not written about it. But I need too because the conversations are overlapping.
Have been working on a technological solution for tracking rooms, and its been taking a bit more time than I had hoped.
More reviews coming.
I was speaking only of Bob and Sandy’s room. If you only watched the first 2 weeks, then you’ve missed some huge losses.
Yes, Bob keeps the DOM up, which is a rare thing in this business, but his results have been awful lately. Profitability counts in your overall evaluation, doesn’t it?
Have been in Bob’s new room the last couple days as well as a week a couple of weeks back.
Bob continually is rude to Sandy and they have no chemistry.
The room has to be down a ton since it opened in true market losses.
Whatever you say about Simon – at least could nail a trade here and there.
Bob and Sandy just suck.
Emmett,
I can say that if you’re going to do a review of the room based on only two weeks info, and it is a good review as Bob said, then it is not going to be accurate. That is really no better than Dean, basing it only two weeks of data. 1K losing days are the norm and the winning days a couple of hundred or so at best. And that’s not factoring in commissions. I’m just not sure you are fully aware of just how bad Bob and Sandy trade. Again, just showing your DOM does not make a good room. If Bob just fully admitted it publicly too, then no big deal. But the worse they have gotten the less transparent they have gotten with the public.
As much influence as you have, it would be a disservice to your readers for a review based on the first two weeks. They would join based on a good review if it is indeed one, and lose that money they joined with as well as a large portion of their account.
Yes, I agree. That is why I am waiting.
And you never know…I might be secretly recording everything the entire time. And I might already have all the draw down recorded.
My reviews are always based upon a blind sample, not the provided sample. Understand what I am trying to convey here?
Nudge nudge wink wink. Yes, I think we do.
Emmett,
Have you been able to verify if its sim or real accounts by watching the videos (by comparing the level 2 when the trades are taken and watch for discrepancies with orders shown in the DOM). The one video the raised a red flag, but not a definite conclusion as it requires more material. If you are pressed with time I can help comparing the order-changes done with what actually happened at the exchange for the days you have videos. (that is if you can share some of the videos(.
Hey guys, go easy on Michael. He said it was a few months ago when he signed, so he may not have seen this thread yet, and we all know how seductive the lure of learning to trade can be.
Meanwhile, try contacting paypal and your credit card company. Tell them you are not getting the product that you paid for. They may be able to help in some way.
Possibly the credit card company can cancel the charge to your card, stopping further payments or something.
Good luck
Jim
Folks,
All these people derive from the same core .
They are all shitbags who prey on others to make a living and survive.
They have zero skills, except to be a scumbag liar and thief.
The poetic justice is how Bang Bang Bob is going down in flames under his own design and proves daily he cant trade for shit, and everything done in GTR was a scam.
He literally poured gas on his own bridge and torched it.
Chris
Remember this : If these were bad old days, the trading results would have been as you just described but you would still be getting delusional emails ” We killed it and you are still not a member”. They did then exactly what they do now, perhaps worse. But they lied through their teeth, and are still paying their bills off with our money. Risk free. And unlike now we weren’t able to say or do anything.
That is he material point.
If you complained and said exactly what you are saying now, you would be sent a derogatory email listing all YOUR failings as opposed to admitting theirs. You are stupid and ungrateful. You are lazy. You do not study the methodology. You refuse help. You have unrealistic expectations. You had all the time in the world to make a decision. No one forced you to enroll. You do not see what you see. You do not hear what you hear. Just ask Bob or Simon , they will tell you what you should be thinking.
Chris, face it, Sandy and Bob are just as bad as Simon. They helped him move his scheme from sublime to ridiculous. They were in on the fraud. They are just as culpable and should be just as liable to prosecution as Simon is.
Thanks Nadina. I can hear him saying every word of what you wrote.
And ultimately, you’re right. Bob and Sandy both knew what was going on with Simon and not only condoned what he was doing, but encouraged people to give him their hard earned money.
I’ve been in the trading futures in action room with Bob and Sandy and I’ll tell you honestly, save your money. Bob’s winning days are meager at best, but his losing days are huge. After a couple of weeks trading you deep in the red, you tend to lose confidence in taking further trades. Don’t get me wrong, I expect losing trades. I even expect losing days. But when you’re down 700-800 bucks by 10am, you’re gun shy when the next trade fires. It would be nice if he had a reasonable daily loss limit, but when he digs himself into a hole, he starts revenge trading, telling everyone he’ll sit there til market close if he has to. That’s not a good way to trade when you have a roomful of people following you.
He’s already told everyone that he’s getting recommendations from both Emmett and Dr Dean. Dr Dean requires $200/day or $50k/year to be considered a “titan”. While I’ll agree Bob fulfills Dean’s transparency rule, there’s no way he’ll make $50k a year if he continues the way he’s going. So I don’t know how how he could possibly be considered as a titan (plus the room has barely been open a month, so how is Dean calculating his normal requirement of hundreds of trades?). If you joined at the beginning of this month both your confidence and your account are getting KILLED.
Bob has also bragged about several of the overnight trades being huge winners. Trust me, they were not. Two of them were stopped out to the tick and he called them both huge winners the next morning.
In a comment above this, Tom talks about Tom V and Terry K who are making $2500/week in the room. I can tell this: they are experienced traders who know and understand the methodology from their days in GTR with Bob, AND they are taking a bunch of trades that Bob DOES NOT call in the room. I know this because they post in the room when they’ve taken trades and they rarely coincide with Bob. Case in point: today Bob got crushed in the room, but he said that Tom V (who was sitting right next to him in his Atlanta office) was scalping 3 ticks left and right and was up almost $1200 for the morning. If that’s the case, Bob should turn the screen over to Tom and Terry cause members can’t take much more of these huge losses.
I honestly hated to write this because I really like Bob and Sandy, and I wanted this endeavor to work, but unfortunately it hasn’t.
Chris,
Thanks for the update.
Bob’s a dirtbag scumbag liar.
Check out his profile on broker check: http://brokercheck.finra.org/Individual/Summary/1250030
He claims he worked on Wall Street for 16 years.
If you research the firms, they were all bucket shop, chop shop, pump & dump firms.
What kind of guy does that for 16 years?
I’ll tell you, a scumbag, liar with absolutely no soul.
If you Google the names of the firms he worked for, everyone lists some kind of scam or judgement in the first page of results.
https://news.google.com/newspapers?nid=1345&dat=19860925&id=J-tWAAAAIBAJ&sjid=zvkDAAAAIBAJ&pg=6840,2449825&hl=en
http://articles.sun-sentinel.com/1989-05-18/business/8901250896_1_blinder-robinson-precious-metals-state-complaint
http://www.stopbrokerfraud.com/broker-complaints-network-1-financial-securities-inc-crd-13577.html
http://www.leagle.com/decision/1990826738FSupp88_1807/S.E.C.%20v.%20THOMAS%20JAMES%20ASSOCIATES,%20INC.
Here are the first few. You can do the rest as I think you see the guy has just moved from one scam to the next. Perfect place for him is a trade room.
He can keep tuning his craft.
I have been a member for a few months and it does seem to be getting worse and no where near what it was before, does anyone have any idea if I can get a refund? I used paypal and took the 6 month credit option which is not due for a few more months.
Michael what have you done?
Firstly, it was never any better. It was always scam. “We make $ 300 000 a year. 1200 ticks today. And you are still not a member?” Bob Amico has now had a lobotomy and is a new person. He says he ” did not always act in line with his faith and his beliefs”. That makes it all right does it? Half of our money still in his pocket. Faith and beliefs are worth nothing if you don’t act on them.
Secondly, did you not read this thread before signing up? Or did you not believe it? It would have stopped me if it was around at the time.
I think there is a clause that you can ask for money back in the first three days as long s you only attended the room but did not log on and access indicators. Three days without magical software we all signed up for and could not wait to get and start making our 1000 ticks a day? The scammers know how to make sure no one ever qualifies for a refund.
If I were you I would try anything to stop them from taking any money. Complain to CTFC, when they book an appointment to speak to you, ask them what to do. Notify Paypal. They are getting so desperate now they are offering any sort of deal as long as people will sign up.With a bit of luck maybe this scum of the earth will be down before your payments start.
Nandina,,
That was my exact thought. I went into their trial a long time ago. They were always a scam to sucker in suckers.
When will traders wake up and stop being suckered by these con men. If they are making murky calls, do not show a DOM, accurately report their trades and/or show real brokerage statements, for goodness sake do not believe the smooth talking, caring sounding con man that shows no proof. There is a reason they show no proof. Think about it!!! I have yet to meet a trader who trades successful joining a trading room on blind faith. GET A CLUE!!!!!! Anyone that joins GTR at this point I have no sympathy for. They are a complete FOOL!!!!!
OK , he’s back.
Guess telling people you’re getting your ass kicked everyday not good for business.
Now we can look forward to a bullshit email once a week.
They showed their DOM , and made a few hundred, but other members made THOUSANDS who used bigger stops.
WHAT A BARGAIN !!!!
What a sleaze machine.
======================================================================
Many of you have emailed me asking about our daily updates..TFiA has decided to now only do a WEEKLY update. For those that would like to see our DAILY trade blotter, please visit our main site, http://www.tradingfuturesinaction.com.
The week began with a small profit on Monday, followed by a losing Tuesday (after being up over $350.00) and ended with 3 consecutive trade day’s of profitability.
Though the OFFICIAL trade (my DOM) shows just over $700.00 in profits, several members totaled OVER $2500.00 for the week (Tom V and Terry K). These traders trailed differently than I but used our DOM entries on trades..
We have added a MT to our staff..not yet a CMT (needs to be published, but we would like to welcome Randy Rosen. Randy brings many years of both trading as well as running several trade desks. Randy has been responsible for our OPTION TRADES, sent to those that requested the overnight service, as well as members..At $149.00 per month is’t a bargain..
For the month we are not yet profitable after having a tough week last week. With 2 weeks left in the month and FOMC due next week, we feel highly confident we will trade our way to another profitable month..
For those interested in joining us for our WEEKLY TRIAL, you may register by going to our website:
Great marketing! Let me know when Tom V and Terry K open a trade room.
Not sure where to start , so I’ll simply say , I’ll be a member 3 years March 2016, and this has got to be the worst week I have experienced in GTR.
It was so bad, I had to post something here, or I was going to completely puke.
From the Skype room ranting and cheering about how Simon was the master, and how GTR changed their life, to Simon trying to BUY the damn bottom in CL while taking multiple stops outs, and the laundry list of excuses why he got stopped out and how it went up anyhow, to some new guy learning to moderate and not knowing his ass from a whole in the wall.
My lord this room is such a complete joke now, I cant believe anyone will be left by the end of the year.
I feel bad for anyone who sign up in the last 2-3 months.
The room has been reduced to a glorified squawk room with a bunch of funny accents.
Price levels get drawn on a chart, then when price gets there there are a hundred excuses why there was no trade there anymore.
To be fair, this new Guy Franck is a complete workhorse.
Guy is constantly offering info, news, and some trade info.
He wont last as Simon will burn him out or get in an argument with him and kick him to the curb.
We were told the room will be closed the last 2 weeks of the year also.
This is a joke. I understand being off for the holidays, but there are like 4-5 people now moderating, and none of them can have the room open while Simon celebrates every holiday in December.
Also, Simon seems to have a calendar which supplies him with every holiday in existence, as he tends to be off or has an excuse why you cant trade.
Also, seems Simon conveniently removed all his trades from the Trade Logs that were once posted.
Its my opinion , that this rag tag crew is the one selected that will go down with this ship.
It is also my opinion, Simon is planning an escape plan. He has been so disengaged since Bob & Sandy left, and so distracted by this website, he must be looking for a way to slither away.
Reading the comments on this site, there is no way he recovers a reputation for 2-3 years. Be easier for him to walk away and start fresh ….
Thanks for allowing my comments.
I think the CFTC subpoena had a bit to do with Simons sudden distraction, the website changes and the bang bang running for the hills.
There was some references on Simon’s GTR site that Dr Dean Handley had audited Trade records of something like $300,000. I cant see it there anymore, strange!
What I do see is a very nice affiliate program that Simon encourages people to get involved in his fraud . I scam a family member or friend and get 15% of $9000, anyone interested. haha.
Simon….you are a low life scum bucket.
And of course my 2nd piece of advice is bag your bags and leave town before the regulators come and take you away.
Have a great day!
Man, I wish this site had an edit feature. Simon I forgot to mention something in my last post. As a fellow business man & investor (though I am an honest one), I am going to help you out and tell you how to deal with Emmett. I can see the posters now saying, “Why would you do anything to help out this scumbag” and of course they would be right, but I am going to do it anyway. Hmm, maybe I should be a trial lawyer for criminals. Here goes the advice.
Get rid of the link on your site insulting Emmett!!!! It is the dumbest thing ever and I will explain in a bit. Second never mention Emmett and just ignore all comments from anyone that mentions Emmett. In case you truly do not understand why, I will explain.
You fight when you are “RIGHT” not when you are a low life con artist!!! If you were right then you would show all your brokerage statement and clearly show that Emmett was just out to get you. But you are running a scam. So you need to not even acknowledge Emmett exist and here is why.
Trader’s will go to your site and see that link about Emmett and then search for Emmett and then read all the post that tell them how the whole GTR smoke and mirrors trading room operates and that you show zero proof of any ability to trade the method you sell for $10K profitably. They will then go to your trial and sell how everything that was posted here is true including the shills you use. They will then ask you to show some proof and of course you cannot.
So bottom line if you are going to be the best con artist you can be for Goodness sake get rid of that link and then never never mention Emmett!!!!!!!!!!!!!!!!!!!!!!! I am giving you Good solid advice, Listen up!!
And to all those posters that will cuss be out for helping out Simon, I have no argument. You are right and I am ashamed!
Rob,
That didn’t take long.. He removed the link. Simon must be reading these posts and realize what a Scumbag Loser he really is.
Yep, I don’t understand why you “helped” GTR out. They took down the link to the diatribe written by their IT guy and now replaced it with a slick sign-up for “free reports” about “Ever wonder why 95% of traders lose? Want to be part of the other 5%?” . The report should detail how to set up a scam site and fib orders and profits like they do. lol. too bad, newbies were discovering this site and coming to this comment thread to learn the truth after being exposed to the investimonials plants. Warrior Trading as Emmet mentioned is slicker. They guy removed any reference to an architectural past and did a subtle long paragraph about outside criticism aimed at his review and us commenters, but never mentioning in name, Emmett or this site.
Hmm, Sam you are of course right, but I did have some reasons and none of them are probably acceptable or justifiable, but here are my top 4 reasons:
1) First, it shows that Simon or his cronies reads this blog which speaks volumes if you think about it,
2) My post, as stated in the post, was about what to do if you want to be the best con artist you can be and by Simon following my advice it is basically a confession and shows these guys are shaking in their boots and scared to death of this blog and of the poster here showing the truth. I think the posters here should take a bow. If I could figure out how to add icon I would add one here,
3) Blogs are rated by Google based on links to them and etc. The more posters the higher rated this blog becomes. If my post gets you and others to respond and helps even a nano meter on rising the ranking of this Blog I have done my job. I just did a Google search on Global Trading Room and this site came up 5th. My goal is for this site to come up 1st. Anyone that finds GTR via a webinar or other means unless they are absolutely brain dead, which some sadly seem to be, will do a internet search and then see the posters here and see the truth, and
4) For the sake of thoroughness, I guess it is possible that I have a sub conscience sympathy for criminals. In which case Bernie Madoff is next on my to help out list.
You are right these reasons are not good enough, so the only other thing I can do to get forgiveness is to take a scene from one of my favorite movies ;Shogun. I will hand the sword to Emmett so he can cut off my head.
Bob “Broke Broke” Amico has not posted any trade records for days now.
The emails have stopped also.
He down to $250 /mo for membership, was $350.
Buy Jan he be paying us to show up ….
Glad your showing your DOM though.
For the time being down the site looks to be down http://www.globaltraderoom.com/
Hope fully forever!!!! Way to go Emmett
Went to the link and the site was up. I have not been to that site in so long, but the first thing is a link to talk about Emmett. I got a laugh at this part. BTW these are his exact words not mine.
“Let me tell you a bit more about your lovely little Emmett Moron. Not only does he randomly just blast and call every trade room fraudulent. He actually calls some of the best rooms out there fraudulent without any proof and then he actually accepts money to reverse that review and give that company a good review. ”
The funny part is 99% of the time Emmett Maverick (standing up for what is right) updates a review he turns a good review into a bad review after he finds out they actually made their money by pumping and dumping stocks. If Emmett is changing his bad review from bad to good when someone pays him off, he must be doing a horrible job of getting that money. In fact I can only think of one site he upgraded his review on. Maybe there have been more.
The second part that just makes me laugh is the only thing Emmett is asking for is proof, even just a little hint of proof. I mean GTR send out emails day after day saying how he nailed 200 ticks, how hard can it be to show any proof what so ever. I guess it is really Sad not funny!
Seriously Simon if you were not a complete fraud would it not been a 1000 times easier to show proof you can trade your BS method profitably than all the effort you go through to discredit Emmett.
I tell you there must be a test to open a trading room. You have to prove you are the most dishonest, immoral, corrupt and one of the most unethical persons on earth.
That seems to be the problem, that there is no regulatory body to vet a trade room, so anyone can set one up.
Dr Dean Handley is obviously trying to put forward his ‘Trade Titans as some sort of messiah review regulator but in reality he has just helped them to carry out their scam to line his pockets.
He needs to be bought down just as much as the GTR, and I will definitely be mentioning him In my Cftc report.
You can add this video to the Tftc report: https://www.youtube.com/watch?v=WYSkTPaHEh8
Jon,
Handley’s Trade Titans is kinda like Sykes Investomonials web site. Maybe not as elaborate but Same BS theory.
Also wheres Bob Bang bang gone? He was doing his best to defend his fraud on here.
After posting fraudulent trade records he realized he was fighting a losing battle and crawled back into that little hole where he belongs with all the other Rats.
To hear that Simon is now saying forums are filtered is laughable.
He is a deluded conman and will say anything to save his skin.
There are many negative comments I have read on other sites, if his members want to believe him then more fool them.
Futursio ( big mikes ) is one of them.
I see a snowball affect happening and its gaining momentum to bring that egotistic arrogant prick down.
What about Sykes’ investimonials.com and the trade tetons list. Overwhelmingly positive “reviews” planted on investimonials for pretty much every scam site. Jason Bond and Kavan got newbies through their investimonials plants for a long time. With all the positive “filtering” on those faux promo investimonials , the victims haven’t had an advocate site to have voices heard until Emmet showed up. Forexpeacearmy isn’t what it used to be with active web intrusions, affiliate linking, and tracking cookies up the wazoo if you try to visit it. Other sites on investimonials that need to be looked at are thetradingbook, tradingadvantage, and thedaytradingacademy.
Great job all.
Nothing but facts and even headed commentary .
This is the purpose of this forum, and it’s serving the community at large well.
There is no filtering or moderation of only bad things.
If GTR was impacting people’s lives so wonderfully, the positive comments on this forum would be much greater.
Fact is most members who joined within the last 18 months finally feel some redemption from this forum that they are not alone.
Members who question anything get pegged as someone who “Does not get it” and get quickly powered over and the shills just drown their comments out .
After this happens a few times, most members get scared as they just spent 10k on an education and they start questioning themselves and get convinced they are doing something wrong.
I know this because I been there in other trade rooms .
“It’s gotta be something Im doing wrong, all these people are making money and Im not.”
Fact is those people are either not real or members with a vested interest in creating a positive buzz in the room.
Another redemption for GTR members has been watching Bob’s room just completely fail right from the get go.
OK, great you’re showing your DOM , congratulations really proud of ya..
However, he is proving everyday he can’t trade for shit and everything done in GTR while he was there was complete bullshit.
Lastly, after being in the trial today in GTR, its clear that Simon is nothing more than a chart painter who points out the obvious, and always has an excuse NOT TO TAKE A TRADE .
If he does take a trade, there is always an escape hatch and he always gets a “4 tick target to secure his stop”. Even when he gets stopped out, he will act like he is still in the trade “For members who stayed in and used larger stops.’
Anyway, go see it for yourself . Its so goddamn pathetic , you almost want to say “Dude you called 5 swings trades on 5 different products, they all went 4 ticks, then you got stopped out and now you’re claiming you got 200 ticks on the day. WTF are you smoking , share it with the room, must be good shit.”
Whats best is when Simon gets his ass kicked in CL , he quickly moves to NQ TF or YM as he loves those real illiquid markets.
Real easy to make up fills on those, and most traders stick to ES for equities are not following them anyhow, so he can really bullshit the hell out of the entire room.
Thanks again Emmett, and others who keep this thread and site the resource it has become.
Keep the fact coming …….
One other thing, during the Dean Handley webinar, Bob said he was getting an account setup for just the room so he could show brokerage statements. Great idea. Except for this. He says that some of the trades taken on that account will be after hours, when Sandy is trading since he is in England. What is the point of that? Nobody can follow what Sandy does after hours. Why go through the hassle of getting another account so he can show brokerage statements, but then warn people that some of the trades taken will be after hours? If you’re gonna get an account in the room, keep it to only trades people can actually follow. I’m paying $250 or whatever it is to be in a room to follow trades. But if you’re showing me brokerage statements from trades I cant follow anyway, that does me no good. I guess Sandy could post in Skype, but he never does, and we’d all be in bed anyway. So there’s another head scratcher. I assume maybe Sandy trades the other hours profitably and Bob is hoping that will offset the room losses. But there’s another point about a lack of integrity. If you’re gonna open just an account to trade the room, and show room results, then only have the trades taking in room hours.
Don´t believe ´´DR´´ Dean Handley!
https://www.youtube.com/watch?v=WYSkTPaHEh8
I was taken by the good “dr./phd./jd.” . Having seen that video a month ago shocked me. One would have thought he would have been trading to prosperity now with a free membership with any of his trade titans. (or as the reviewer calls it “trade tetons”). Instead he is listing all the fees required for web marketing to his prospective tetons, from a strangely dilapidated and noisy kitchen, i.e. where’s the trading desk room? CFRN and GTR are at the top of the tetons list , maybe as the early signups.
Robert Robinson,
I have no doubt you have some type of financial connection to GTR, but I will respond to your post. Basically you are saying, “Why should Simon show his statements”. Maybe you feel a business built on fraud and deceit is a legitimate business. After all it makes money; what else matters.
First I must start with a sad commentary on the vast majority of all Trading Rooms. The vast majority of all trading rooms are operated by individuals that are great talkers and great illusionist to make you believe in a fantasy. GTR is one of the best smoke and mirrors trading rooms out there. From what I have seen this is your basic business model:
1) Make murky trading calls – No matter what price does you make money. If price goes up 4 ticks and slams down you shout, “Got 4 ticks out of that one”, even though when you look at the price and sales virtually no one had a fill at that price. And of course anyone that took the trade lost money as you never said get out on a 4 tick gain until after the fact. And if the price runs up 20 ticks you shout, “Got 20 ticks out of that one”,
2) Then there is always the hindsight calls after the price goes up where you make some statement to the effect there was a Bang Bang Trade that are members would have known to take,
3) Yet no DOM or Brokerage P/L statement will ever be shown,
4) And then when the trial members attempt to mimic the trades and are stopped at a lost there is always the shills shouting, “Had 3 Cars good for 20 ticks each on that one”, thus convincing the trail member the lost they experienced was just their fault and if only they had access to your great “Holy Grail” trading secret they too could be knocking it out of the park,
5) Then there are the constant emails how you are making 200 or more ticks each day. Occasionally you will throw in a small loss day to look good which is followed the next day by a big money making day.
6) Again no proof what so ever, but the promise you too can trade futures with a $5,000 account and make 200 ticks a day. Just spend us $10K on our educational course,
7) Heck who needs any proof just drink the Kool-aid and believe in the fantasy. Life is Great!!
8) And how could I forget send out your shill posters to say how they are went from losing money to making money hand over fist after taking your education course and of course once again absolutely no proof what so ever.
9) And finally the most brilliant move of all. Team up with Dr. Handley and get him to state what a great trading room GTR is. And even though he has been challenged many times to show how he could trade these calls profitable, he never responds and once again never shows any proof. Heck as you originally stated – who needs to show proof.
So what has Emmett and other posters attempted to do here is bring the light of day to these con artist trading rooms. For my part I attempt to show would be traders the illusion these trading rooms use and tell them to demand real proof that a trading room can truly trade profitably. For goodness sake quit believing in the I will make a million dollars overnight trading futures fantasy. You have a better chance of making a million dollars playing the lottery than you do from day trading the way GTR teaches. The only results you will achieve is too blow your account.
So here is my question for your Robert, if Simon is running a legit business and truly trading profitably and making those 200 ticks as he self-proclaims, “Why would he not want to show those results” Heck if he does that he could:
1) Double, Triple or more his education fees, Can you imagine how much a individuals would pay for private education from a proven successful day trader. Seems like just good business sense to me,
2) Have a line around the block of people ready to sign up,
3) And this is the most important one, make Emmett and poster’s such as myself eat crow. But somehow I do not believe crow will be on my plate anytime soon.
Now after saying all that, Robert I will tell you; you guys are winning. These trading rooms are operated by such smooth talking brilliant salespeople they sucker people in everyday without a lick of proof that they or anyone can trade their method profitable; all on the hope of learning that secret Holy Grail. And I do not even think Emmett can turn it around. I know this because I literally think I will die of a heart attack arguing with traders to quit Drinking the Kool-Aide and paying trading room operators unless they show there DOM and honestly document their trade results. But I tell you it is like talking to a wall, the fantasy is just too powerful. So for my part if I can just save one person from the scam that I personally was suckered into (another trading room not GTR) I feel I have done my job.
Don´t believe ´´Dr´´ Dean Handley!
https://www.youtube.com/watch?v=WYSkTPaHEh8
You keep posting this link. Who is the guy in the video? What credentials are you relying on that anything he says in it is true?
Do you frequent the trade room of the guy who made the video?
There is plenty of evidence of the Doctors character but lets be fair about it.
So I experienced the most bizarre and surreal webinar on Thursday Dec 3. Dean Handley actually doing a webinar in Bob’s room on why he was selecting Bob and Sandy’s room, Trading Futures In Action, as his next room to endorse. Forget the facts that this room has been in existence only about a month, and that so far Bob and Sandy have basically proven themselves to be horrible traders, at least in a room environment, and that they have no track record at all to qualify for Dean’s stipulation that you must be able to make $50k a year in the room (they actually look like they are on course to lose $50k a year at this point). They’re getting the endorsement. Also Dean was making excuses for recommending some such as GTR and a few others even though they really haven’t proven what they make. And Dean is not in the dark. He’s in the room probably most every day and says he checks every claim, ever email, etc. for accuracy. Yet still talked like they were the greatest traders in the world. Dean came off as a real sham after this webinar.
Email sent Tuesday the 1st, but no email on the 2nd. then the email for Friday provided no details. And there hasn’t been another public email since. This is one thing about these guys. When it’s a good day, you get every trade listed in detail. When it’s not, you either get no email, or a very vague one admitting to losses, but no detail. You know, we know traders have bad days and weeks and month. Just be consistent. If you’re gonna list all the details when you win, then do it when you lose. It really shows a lack of integrity. If you’re gonna use the ‘transparent’ word, then really be transparent all the time. When you lose, don’t get shady and do things different than when you win. This is what drives all of us up the wall about trading rooms. We actually did get a room that shows the DOM and is fairly transparent about what they’re doing, then get all shady when they lose.
And another thing, when you lose, quit making excuses. I heard him say more times than i could count while he was losing, “I talk to traders all day long, and believe me, nobody is making money in this market this week.” I got tired of hearing that over and over. If it wasn’t that, there was some other reason. Never was it ‘you know, I just suck’. Of course we’re never gonna hear that from any room moderator.
But anyway, after this webinar I thought I was in Bizarro world. It’s a real head-shaker for sure.
Here’s a breakdown of Bob’s DOM at the end of each day for December so far (not including commissions of course):
Dec 1: – $1012.50
Dec 2: – $530
Dec 3: $892.50
Dec 4: – $1205
Dec 7: $0 (they took trades that day… just happened to end up BE)
Dec 8: – $610
By my calculations, they are down about $2400 for the month before commissions, probably about $3400 with. And as I said, the emails have stopped. But the next wining day you will for sure hear about it not long after the room closes. No way have these guys proved THEY can even make $50k in a year, much less someone following them. I really think they have a hard time being profitable calling out trades in advance that people can actually follow and not being able to hide behind the anonymity they had in Simon’s room. It’s easy to say ‘we made 240 ticks today!’ like they did in Simon’s room when you didn’t have to prove it. Well now the light is shining bright, and it ain’t pretty.
Oh, one more thing. Bob took a long I believe it was at a particular price today, and somebody posted ‘I went short where you went long’ and they had a winning trade and Bob didn’t. It’s getting pretty bad when the members are calling out trades the opposite of what you’re doing and making money. There’s been so much fail in this room I don’t see how anyone clicks their DOM with any confidence at all when they call a trade. I suspect many aren’t any more.
It’s not so much they are a scam per se. They just lack integrity about being fully transparent by not sending detailed emails on losing days, etc., and honestly they just suck as traders not being able to hide in Simon’s room any more.
Don´t trust ´´Dr´´ Dean Handley!
https://www.youtube.com/watch?v=WYSkTPaHEh8
It’s quite telling when GTR’s long time room hosts left (or were fired. It’s still confusing what happened) only when this review came out with the ensuing comments. The current blurb on warrior trading also has a paragraph while not specifically naming tradingschools, is apparent in response to the review. Good luck to Nadina and all others with their CFTC complaints.
We are talking serious stuff here. Who is lying and who is not? And it’s easy to prove.
When I talk to CFTC I will mention this and ask them to “test” if this forum is obstructing positive posts on GTR or not. When they find it does not, they are bound to ask themselves : What need can Mr Yousef possibly have to lie about it?
By comparison, I have proof that he is obstructing his members from speaking and eventually banning them for it. Not counting myself ( copied chat full of appalling abuse) , I have a sackload of messages from long term members frustrated to the point of screaming for being gagged. Would Dr Handley like to check the authenticity of these messages?? We deal with facts in this forum. We do not lie. Well you can’t if you are expected to give evidence to CFTC
They tested giving positive feedback.
So is Simon admitting that he was trying to shill this site by pumping it full of positive feedback?
That’s what it sounds like to me……
Maybe there is no positive feedback because nobody can give positive feedback.
Simon, gigs up, your a fraud and now everyone knows it.
This is so funny that the BIGGEST habitual liar on the planet Emmett Moore, has room to call other people liars. First of all who are you that Simon has to show or anybody has to show their personal statements. Why don’t you show proof to everybody on this site that you actually reviewed the sites that you say you reviewed. Cause Reviewing something and writing a review are 2 whole separate things. Why don’t you post all the hours you spent in GTR and post all the trades you took (you should have at least a couple hundred with time and date stamp). Since you claim you spent 5 weeks. Post that and then we’ll see who is the liar. You should post the same for every room you were “Supposedly” in. cause right now there’s no difference between you or yelp, where most reviews are fake.
Robert Robinson
You have just proved that what Simon said about this room is a lie. No reviews are filtered, good or bad.
As for the arguments supporting the claims against GTR, everything said in this forum is supported by evidence. The same evidence we will give to CFTC. Many of us, paid members, have recorded footage from the room that shows it’s a con. Since Simon is the one who took the money, the omen is on him, like any other trade room owner, to show his statements and prove the method is working.
Interesting. I also wondered myself why all the hours of video are not linked in on the website. Hmmm.
You Tube videos would also drive traffic to the site so they can click all the ads that are here.
So why would such a benefit not be implemented?
Did anyone sees GTR’s email today. Unbelievable! How unfair the review are here and how so many students are just making money hands over fist after his training. BS on top of BS!
I keep it simple Simon, “PROVE IT!!!!!”” Seriously how hard can that be. Show your DOM and show brokerage statement showing how you or even how one of your students is knocking it out of the park using your method. Yet not even one; not a single student or Simon has come forth with any proof of profitability.
I am sorry but anybody foolish enough to believe him is beyond a fool. In fact we need a new name for someone foolish enough to join GTR after reading the truth here.
Below is snippet of Simon Email. Poor Simon so abused. I feel so sorry for you. I for one can not wait for the regulators to investigate you and put you where you really belong. BTW say hello to Madoff for me.
NOTE FROM SIMON
This letter is in response to the several negative posts online about Global Trade Room – something which one must live with nowadays in today’s unfiltered social media and online-review community. As a rule we try to ignore negative and even derogatory posts, as the tendency is for people to post a majority of negative reviews and/or opinions compared to the minority who post positive ones and even accolades.
In some instances of what we have been encountering, however, the posts themselves have been pre-screened such that positive reviews are not allowed to be visible (we tested it) while negative ones are sought, invited and even encouraged. As such, those posts and sites are driven by specific agendas rather, hence the need for this letter. …. etc, etc.
Simon is simply a liar. Nobody is filtering his comments. His students can come onto the site and say whatever they please.
Of course, Simon can prove me wrong and put me in my place by simply showing his true trading results via account statement…but that wont happen.
Thanks Nadina.
I been a member of GTR for over 2 years, and may not fall within the statute of limitations.
Think its great you took the step to file.
I really hope more members do the same .
Simon has gotten progressively worse since I started.
He literally believes he is such a great trader even after calling multiple stop outs in his trade room.
His vanity is absolutely disgusting.
I’ll file a complaint anyhow. The man deserves to be put out of business.
I urge other members do the same.
FML
This is the email I got from CFTC after I filed a complaint:
“My name is Steve Kim, and I work at the United States Commodity Futures Trading Commission. We received the complaint that you filed with us recently, and we’d like to talk with you about it at a mutually convenient time. Please let us know when it would be a good time for us to call you. In choosing a time, please bear in mind that our office is in Washington, DC, which is 5 hours behind you. Also, please let us know if the mobile number that you provided in your complaint is the number that we should call. We have also attached our Statement to Persons Providing Information to the CFTC. Please review it sometime before we talk. Thank you, and we look forward to hearing from you.”
Come on guys, those that still did not put in a complaint, you need to do so. Hopefully after they speak to everyone, and everyone is saying the same thing, they will realize that something needs to be done.
Hopefully new traders will see this thread and save their $$ with this organized group of con artists.. His employees are simply pawns in his orchestration to appear to be winning. 1/ Doesn’t trade a live account.. 2/ won’t provide account statement because he can’t. Great at front running.. All they can do is try to knock Emmett when in fact they avoid answering the questions about their deceptions…can’t comment on their youtube page …wonder why..
Please report GTR as fraud at https://forms.cftc.gov/_layouts/PublicForms/TipsAndComplaints.aspx
No mention of any emails.
You are doing a fine job yourself proving whatever methodology learned at GTR is completely worthless.
Keep up the good work.
Simon Yousef is a very good con artist/salesman and cant trade to save his life.
He has 3/4 people on the payroll in the trade room so when a newbie goes into the trial he/she will see the scam live with the employees lying that they are getting the same fills as Simon.
Some of them will get better fills and better trades that Simon did not get filled on.
But its all bullshit.
After having a few trials and not getting the same results you will be conned into thinking you are missing out on the secrets of his methods, only available if you buy a membership and get full access and practice.
After a few months you will realize its not right but if you question Simon in the trade room you will get jumped on by the mob on the payroll and ejected from the room. You have just lost $8000 membership, money you may have lost trading and countless months. Simon, i know you read this thread..you need to go to prison for this.
Here is the latest…
Just making sure my foot remains on the throat of this scumbag.
STAY AWAY folks…..
I mean really… SPECIALS !!!!
I remember K-Mart when I was a teen would walk around with those blue lights on a cart, announcing specials on shit they were trying to get rid of..
Get the point ???
==================================================================
It is getting towards the end of the month and our specials are winding down.
Give me a call to discuss your trading situation and if we are a good fit for you,
to take your trading to the next level.
Nobody trades with the precision that we do!
Franck Avril and Mark Selfin, our newest moderators were also in the room today.
The chemistry, in the room, keeps getting better and better! Both Franck and Mark add a great dynamic to the room. Not only with their trade calling but also their market insight.
Remember, it’s not about the total trades but the ticks you keep at the end of the day.
No one trades the way that we do at Global Trade Room! That’s why we are a one of
Dr. Handley’s Trade Titans and one of the top trading rooms.
We have been teaching our methodology and since 2004. There is a reason for our longevity!
If you have a sincere desire to learn how to trade, than we will teach you!
Trading can be taught!
Traders, you are welcome to join us each and every Tuesday for our trial.
We also have a five day, no question asked, refund policy. If you join you can spend 5 days in the trading room. If not 100% satisfied and thrilled. Ask for a refund.
These trading room operators are like magicians; all illusion. Everything from their vague or hindsight calls to their brilliant use of shill in the room that somehow make 18 ticks on 6 cars even as the trade was clearly stopped out. These shills are so important, because when you take the trial and lose money trading their calls in sim, you see these shills just knocking it out of the park, so you think I only have to join and learn their method then I can knock it out of the park.
This might be the easiest business left to take a fools money. And I was one so I can talk.
Here is my advice.
1) Do not believe what any other members post. They are more likely the room operator under a different name or his cousin,
2) Demand a DOM be shown. Contrary to what the trade room states, there is no reason they can not show their DOM. One room said it made his system crash. Really? Actually I take that back their is a reason for them not to show their DOM, but not the one you want to hear. I will let you figure it out,
3) Demand they show accountability; show their trade results as the day progresses,
4) Demand they post accurate accounting of their trade results. If they had a 36 tick loser and it is not accurately post, run, do not walk, away!!!!,
5) Demand they show you their actual equity curve. This way you can see if you are prepared mentally to handle trading. The straight up equity curves shown by trading rooms is pure fiction,
6) And this is the hardest, do some research and find out what realistic returns are. The reason a lot of people are taken by these trading rooms is they give you the Kool-Aide and sell a complete fantasy all based on some story of a person who under the right circumstance and right market, that occurs once in a lifetime turned his $5,000 into a million dollars in a year. Literally there more people that one the lottery and made a million than could do this. So you would be better off playing the lottery. But this is the crap people believe and they trade on that belief. As I have posted elsewhere, If you think you are going to take a $5,000 account and going to trade futures (good luck) and make $250K a year, have an 80% win rate, take home $1000 a day and have a straight up equity curve, I am sorry but you are completely delusional. And anyone that says you can I say post your statements and prove it. I am sorry to burst your bubble but you are not going to make a living trading a $5000 account. I think Emmett should offer a open $1000 challenge to anyone that can do that. I have no doubt your $1000 is safe.
I am sure I will think of more. Hmm, Emmett should have a tab at top titled, “Things to Demand from a Trading Room Before Joining” and we could add ideas.
Home run Rob.
Perfectly said ….
Bob’s new room is a discount version of GTR but definitely not affiliated with GTR any longer.
Yo Emmett, when are you going to make it official that Bob’s new room is just a scam extension of the GTR?
Hey Bob,
Here is a service for ya.
its called restitution.
You pay back every member of GTR you fucked over each month with all the money you make trading from your DOM in FULL View.
Put your transparency, honesty, and integrity were your Bang Bang is ……
This is a joke….
Now we are listing trades in Skype and NO FILL as honorable mentions.
WTF ..
Then on his website:
$349/mo For the Trade Room
Now offering some dopey trade service for $149/mo.
What a scumbucket.
Folks , please stay away from this guy.
He really is a complete utter sleaze machine.
================================================================
As we wrap up the week and head into Thanksgiving we wish all of you a happy, family filled day..
Today we totaled 32 TICKS on the DOM (+$320.00) before fee’s
These are today’s trades:
1) 7:13am EST (In Member Skype) SHORT CL @ 42.10…1st +10…2nd +1……..Total +11**
TOOK ON SECOND ACCOUNT
2) 7:51am EST SHORT CL @ 42.17…….1st +15…2nd 0……………………………..Total +15
3) 8:31am EST SHORT CL @ 42.01….1st +6…2nd 0………………………………….Total +6
4) 10:37am EST LONG CL @ 42.08….1st +8…2nd +6………………………………..Total +14 ***
NO FILL
5) 10:42am EST SHORT CL @ 42.43….1st +8….2nd +3………………………………Total +11
Day Total:…………………………………………………………………………………………+57 TICKS
DOM Total…………………………………………………………………………………………+32 TICKS
For those interested in joining us for our WEEKLY TRIAL, you may register by going to our website:
http://www.tradingfuturesinaction.com,
and register there. This trial will be held NEXT WEEK!
Also, as mentioned, we will be offering several new avenues to traders. We will have several end of day services that will allow for traders that don’t have the time to sit in front of screens all day, the chance to catch overnight moves in the futures AND, for those that trade STOCKS/OPTIONS, we will offer that service as wel..
If anyone is interested in either (or both) of these services, please email me and request to be added to our OPEN TRIAL..This will start Monday and we will send FREE alerts for 2 weeks..Those that have a continued interest can then sign up for this service @ $149.00/month..
Rob,
Bob is done posting here.
And I agree , now way he trades live.
In fact, there is a way to make it seem like you are trading live in Ninja while showing your DOM.
Here are the steps its pretty easy :
1. In menu, Options, under simulator you can just add another SIM account simply by typing a new one in the selection box and saving.
TO be real cute, Ninja Brokerage uses Dorman, so most of those have DOR some where in the name if using Rithmic data feed. AMP same thing . Always AMP in the account .
You can use anything, really as long as the name in the account field does not say “SIM” anyone watching would not know WTF account it is …
2. Restart Ninja
3. Change the colors on your DOM Properties for Simulation Color to be Same as for a live Account. Just have it be White instead of the GREY default.
3. When you show your DOM, it looks , acts, feels and is perceived being a real account.
The on lookers have no idea its a forgery.
This was something I discovered about a year ago and realized these scammers must have known this forever.
So even though someone is showing their DOM, it could be a SIM account and you would not even know it.
Tom, this is a VERY interesting observation — I didnt know you could do that in Ninja. If this is the case, than the “show the DOM” yelling is NOT ENOUGH from any room!! The only thing that proves anything is brokerage statements…right? Even Ninja trade performance report is not enough, right ??
Yes.
Even Ninja Reports can be fabricated.
I suggest you try creating the a SIM account with the same name as your real account. Make it look the same as a live account.
its pretty easy.
So bottom line, I doubt any of these trade room guys are showing their real accounts.
They all hide behind this “Education” banner.
Its how they justify the crazy upfront charges to the regulators.
The trading results are an advertising hook.
$100-150/mo tops if a fair price to charge for a trading service.
At least with those, you can bail if its not working for you.
So it’s my belief , if it costs anything more than $100-150/mo and they want a large sum upfront, it’s a scam.
Most real scammers know under a monthly structure he only gets 2-3 months out of you tops before you figure out his bullshit.
If you sink $4-6K, you’ll hang in there and deal with more pain since you have more invested.
The hustlers are all setup the same, it’s really rather amazing …
ShakingMyHead, those video speaks volumes. Clearly both trades where stopped out for 36 ticks each (12 Tick Stop Loss x 3 contracts), yet those results are no where to be seen on Bob’s results page. I guess Bob figured it was so easy to scam people at GTR and to sucker Dean Handley he could do the same to the poster’s here. WRONG!! Bob, you will need to work a lot harder to scam the traders at this Blog. I guess this explains why he never produces his trading videos he promised. I can guaranty you there is no way he is trading live. In fact I am starting to wonder if he has ever placed a live trade.
I had high hopes, well not really that high, that Bob say the light and had a revelations and was going to run an honest trading room, but unless Bob comes here and can clearly explain this discrepancy, I say this new room is a continuation of the complete BS GTR Scam. Just like if you see one cockroach you know there are a 1000 cockroaches, when you see one falsely posted trade results you know there are many many more. And once caught in a lie, nothing you say can be believed.
Meet the Scumbags.
Put a Face to the thief….
http://www.tradingfuturesinaction.com/#!meet-the-team/c1n8o
I been a member of GTR for almost 2 years now.
Over that time , I would say my results are mediocre at best.
What I learned from Simon was not to take his trades when he shouts BUY or SELL.
Simon also renamed many basic setups with his own set of catchy synonyms.
This is an attempt to think he found something new that no one else has discovered.
The knife trade.
The poke, poke .
Into the throat .
Suction Tube.
Power Lines .. You get this indicator for free. One thing it does do is put enough lines on your chart that price will run into one sooner or later.
All these catch phrases are used repeatedly at nasium.
Simon does appear to be knowledgeable about profile, but no way he’s trading real money as the fills he claims he gets are not achievable.
I know this first hand as I have lost plenty following many of his BUY BID, SELL ASK type of trades. He claims he is filled on most all of them, but I have a real account to prove, they never do.
Also another problem with Global Trade Room, there is no software or system offered to follow or own once you have joined.
Simon uses free GOM Profile software available to Elite members of Big Mikes (now Future IO) .
GOM is on staff for technical help and is a wonderful guy. How he got caught up with Simon is beyond me, but I guess the pay is good.
In addition, it’s very difficult to question trades or trade calls in their skype room. It appears SImon has several hitmen ready to pounce on anyone who questions anything going on, or trades that were called …
I have been bounced once for questioning trades and their outcome.
There is a definitive pattern to how these questions are handled as well.
I questioned one of Simons fills on a BUY BID trade. I had been watching Order Flow, and noticed nothing but Zeros on the BID for about 10 ticks on either side of his so called fill.
I showed the screen shot of the Order FLow Bar where he said he was filled, and highlighted that no way anyone got filled there, there are no BIDS to fill for 10 ticks in either direction. Appeared to be a big stop run.
No sooner did I do that, and 4 or 5 people began to chime in how they got filled and what a great trade it was.
The more I continued, the stronger the crowd turned on me . Eventually they bounced me from the room saying I was disruptive. But all I wanted to know was how everyone got filled when it clearly showed nobody got filled.
After discussing what happened with other members, it was clear to me that Simon uses certain members to bully those who question his authenticity.
I have witnessed it several times in the past 2 years.
Most recently, there was one member who really stirred things up.
it was a wonderful sight. Members who felt disenchanted for a long time finally felt they had a forum to vent. And Vent they did. I never realized just how many members were so unhappy.
My recommendation for anyone considering this trade service, please do not buy it.
I paid 5k when I signed up, seeing that its 10k now, holy shit.
No way this is worth that.
Hope this helps.
It now seems clear that Simon Yousef is a clever con artist and salesman but he couldn’t trade to save his life.
He seem to have 4 or 5 people on the payroll in the room that say they are getting filled and earning ticks. They back Simon to the hilt and anyone that questions him gets Jumped on by his cult, then get their membership revoked.
Any person that is on a trial will be duped into believing the scam, even though they may not be getting the results on the sim.
They believe if they Join up they will get access to Simon’s special formula’s ( which are all shit ) and soon become consistent like the ”Employees” in the room.
Simon…..the games up you scumbag.
I looked at the videos that shakingmyhead posted and it is just disgusting too look at. They don´t have a clue of what trading is. All they are doing is giving this business a bad name. Every time they take a trade and they get stopped out they are blaming the market. NO IT IS NOT THE MARKET THAT IS WRONG! BOB ´´BANG BANG´´ AND SANDY YOU ARE SHAME.
ALL I WANT TO DO WHEN I LOOK AT THOSE VIDEOS IS TO THROW UP.
I hope that Emmett will come with a review soon to shut down these guys.
Bob ”bang bang ” where you gone? 4 tick target with a 12 pip stop!..Really??? how the fuck can you justify that?
Where are the 2 X – 36 ticks gone from your tick count on the 19th???
You have blatantly lied, time after time. You kept harping on about how ”honest ” and ”Transparent” you were going to be.
You got a second chance to prove yourself but all you done was confirm that your just a lowlife scum bucket looking for the next person to con.
Now crawl back to were ever it is you came from and take your buddy Simon with you.
Lets keep this post strong guys..Trading can be boring waiting all day.
Bob is done here.
Only way he can survive is to ignore this thread and hope nobody else see’s it.
He wont argue as he has “Willy Loman” syndrome.
Its up to everyone to continue to post and not let him disappear.
Looking at the results posted for the 19th, they are contrary to what ShakeMyHead posted as shown below:
http://imgur.com/a/45IEY
Bob would have had to move his 12 tick Stop Loss further back at the last second to avoid being stopped out.
Anyone in that room that can explain this contradiction or is it the obvious answer?
It is amazing how he has gone from his “Self Proclaimed” nailing 200 ticks every day at GTR to this performance.
Rob,
You’re absolutely right. Bob had two trades, each resulting -36 tick losses on the 19th, but the results certainly don’t display that. Here are video snippets of both of those trades (sorry for the quality…you’ll have to enlarge):
https://vid.me/543i
https://vid.me/wSXd
Looking at the website results:
http://www.tradingfuturesinaction.com/#!blank/kvwsp
No where does it list any -36 tick trades for the 19th.
Do you have more recordings of trades, shakingmyhead?
I am comparing the actual level 2 updates with the order changes (moving a limit order or stop order) done during the trade to see if these trades are done on the exchange or not, and although a clear pattern have emerged from going through each order update in the videos you posted with the recorded level 2 book updates – I would like to compare more trades before making my final conclusion to make sure its not a coincidence.
Coincidence? HAHAHAHAHHAHAHAHAH.
I am sure it must be.
Guys,
I still can not understand why you keep commenting on these guys. Do not you get it that however is trying to sell you something relating to trading he or she can not make money out of it on its own hence the selling process. Let me tell you something about GTR. They can not trade properly as they double the amount of lots they trade until they get a winner and hopefully it will make for all the losses before that ( at least that is what Simon is doing). I am sorry for all the people who bought their programme thinking they can learn how to trade. Bob and Sandy and their new idiotic room is the same crap and bullshit. So I do not think there is more to say really. Good luck and go with happiness:)
Can someone please help me list all the names of these scammers so they get indexed on the Internet forever?
Simon Jousef
Dimitri Arabatzis
Bob Amico
Kai Whitney
Sandy Seghal
Jim Hough
Am I missing any others?
Has anyone seen the video by Dimitri on the Youtube GTR channel bashing Emmett’s review?
https://www.youtube.com/watch?v=_jH-aSsTN1k
I swear he’s the guy that sold ShamWows.
Thank you Bob Amico for posting the trade log for last week. It seems you were slightly positive for the week, after spending much of it below water. Taking commissions into consideration would leave you still quite a bit in the red for the entire week. Admittedly, last week was not the greatest of trading weeks for quite a few traders. Please continue to post this log in a timely manner — that speaks louder than any words anyone could write.
Listen people, Bob will deny every type of criticism aimed at him, he’s a snake conman with years of bullshit experience with the GTR, you cannot argue with someone like Bob,
He is deluded and he even believes his own lies.
If he does have any members left ( which I doubt ) they will soon see through the bullshit, unless they are as deluded as he is.
Bob Amico,
WHERE is the record for this week?? Only two (2) trades posted for this past week, both for Monday, 11/16/2015. And for the previous week, when you DID post a full trade history, I counted a NEGATIVE 49 ticks on 74 trades….making a net loss of close to $1k, after commissions. I am really curious where the transparency is IF you don’t post your results ? Please answer this, and where are videos on the site for more than just one day (in early November) of trading? Forget about the indecent language used here by others — that is just plain rude, crude, and reflects poorly on those that stoop to such vulgarities. What I am interested in, is how can you trumpet honest transparency when you fail to post your trade log. Every honest trader has losing streaks: losing days, losing weeks, and (hopefully rarely) losing months. Hiding that record by failing to be prompt in posting — especially on a new and fledgling site is not a good way to counter the diatribes posted above.
Bob, you wrote “But, when the stop is 12 does this mean I take the stop? ”
How can you possibly make that comment with a straight face when on Thursday, you had TWO losing trades that were stopped out at 12 ticks? In case you need a refresher, one trade was at 9:55am and another at 10:43am. Attached are screeenshots right before you got stopped out: http://imgur.com/a/45IEY
At 3 contracts per trade, that was a loss of $720. So again, I ask you….how can you make such a bold comment, when in fact you DID get stopped out at 12 ticks?
If I did not have seen this screen shot then I would not believe this! They really are bad traders! No one can survive in this business when you are working with a 12 tick stop loss and a 4 tick target. 70/30 win/loss would give +280/-360! I think that they are going to have a hard time, I would not want this people to work for me, not even if it was in a grocery store.
I cannot believe that someone is coming here and posting how good they are.
Tricia,
A 4 tick target is being generous. Most of Bob’s trades are 2-3 ticks for the first two contracts and BE on the last contact. The win/loss is more like $60/-$360.
Man, when someone said he was using a 7 tick stop loss for a 4 tick gain I thought that was bad, but 12 ticks stop loss, which become 13 ticks or more with slippage, for a 4 tick reward; Really! I would love to see someone trade that profitably over time.
Bob, stated, “But, when the stop is 12 does this mean I take the stop?” What does that mean? Does it mean he continues to adjust the stop further and further out to “stay in the trade”. I can assure you this is not a long term winning strategy.
When you are taking 12 ticks stop loss or greater to make 4 ticks this sounds like some type of smoke and mirror show for a trading room. Obviously you will get lots of winners doing that so you can brag about those winner and quickly glance over the HUGH losses.
I was curious to see if he posted those results, but saw no updates since 11/15/15. The real question is he accurately reporting what he trades in the room.
If he is accurately reporting his results, losses and all I will eat crow, but so far from what I have read I am very skeptical.
First, Bob says he will make his videos available, yet as you can see I have requested them many times and no response. Bob for the 10th time how do we get access to those videos?
Second, people have asked Bob to come clean about the GTR scam and so far just avoids the question. So Bob what is the deal? I can only come to one of three conclusions: 1) Either Bob is completely delusional and thinks GTR is a fine outstanding establishment, 2) Bob loves the GTR scam model and plans to equally scam people in his room or 3) Bob is afraid if he comes clean the regulators will come after him. Hmmm, I think Emmett should put up a poll and see which one gets the most votes.
And finally I read the post from ShakingMyHead and you wonder how honest things really are. I think if you are going to do swing trading maybe those trades should be reported separately as many might not have the margin to hold overnight. That swing trade call was not clear to me. He needs to specifically state how many contracts to buy and at what price and accurately track those results, otherwise it can just be a scam to make his results look better.
BTW, my hats off to ShakingMyHead. Keep taking those screen shots and holding Bob accountable.
#3 Has my vote at this point.
Leaving GTR was not for ethical reasons.
This new room was an attempt to escape this thread and anything bad associated with GTR.
Move the shingle routine, but the angle now is HONESTY, TRANSPARENCY, and INTEGRITY.
See how long it lasts.
Even the most dedicated followers will grow weary overtime if the track record continues.
It is pretty amazing in just a couple weeks, Bob went from :
“Killed it for 800+ ticks today ”
“Nobody does what we do”
“And you’re still not a member”
to:
“We had a mediocre day posting -20 ticks”
“The market was tough for everyone”
“but we Are Transparent, Honest”
“We are getting our asses handed to us but I’m showing my DOM” (not a quote from Bob, but you get the point ).
How this guy continues in denial of his own buffoonery , utterly amazing …
You must have that wrong. There is no way a reputable trade service would EVER advocate moving a stop in a direction that increases risk instead of lowering risk. That’s just basic noob stuff that I am sure no “mentor” as seasoned as Bob, would ever do.
And another thing you must have wrong. No way a service that “day trades” with follows, allows a trade to go over night. That’s just silly to suggest.
What is great about your posts Bob, is how you make it seem like it’s some monumental journey to be honest, open and transparent.
Guess what , iit’s pretty easy for those of us who have nothing to hide, admitted our wrong doings, or never frauded anyone.
You may not think I was pulling for you Bob, but I really was when you left GTR.
I really thought you left for all the right reasons.
I really thought you would come clean about all the bullshit that was pulled and continues to be pulled in that fraud room.
However, all you have done since was try to clear your name so you could start the same bullshit on your own.
You probably figured a good number of GTR members would sign right up to your new room pretty quickly.
I dont think that happened, because of this thread, and now your doing everything you can to save this new room from going down the shitter …
You probably had no idea this thread would turn out to be your biggest nightmare.
Have a great weekend.
Dear Bob Amico,
I’m about to tell you the absolute sad part about this whole ordeal. 1) You used your real name and it will forever associated with Dean Handley and Simon Jouself (who I have reported to the CFTC) and 2) if you really learned how to trade properly, you wouldn’t have to resort to scamming people out of their money. Seriously, the amount of “quick money” you can make with scamming folks has a cap, but if you can correctly trade your own capital, you wouldn’t even have to resort to the trading version of panhandling. Good luck.
FML
Emmett, you are forgetting to rate something on your reviews. You have to ad a rate for the best scammer. Then at least they have something to offer and then they can compete with each other for the BEST SCAMMER.
Here is the video: https://www.youtube.com/watch?v=WYSkTPaHEh8
There is a thread above that has a link to a video of Dr. Handley sitting in what looks like a kitchen.
Check it out.
Pretty funny. He looks like he just rolled out of bed and the kitchen looks like a fucking shitbox. You can see someone in the background cooking on some stove from 1950.
I think Ralph Kramden has a nicer apartment.
If that does not look shady, I have no idea what does.
Tom,
LOL, I remember watching that video and thinking the exact same thing. I could not have worded better.
True, it was kind of jarring seeing the video in a kitchen. With Handley as a multiple phd I was expecting to see bookcases filled with academia and a study room. Or at least a trading room. Maybe when talking to the vendor who did the video, Handley didn’t want to show the trading room for some reason, if there even is a trading room.
I remember seeing a video from one of the guys at GTR that had a very similar background. I found it odd and I agree that the backdrop of Handley in this video brings many more questions than answers.
Dr Dean Handly seems to be the biggest fraudster out of all of this.
He gets to sit in rooms for free ( which are all shit and a waste of money )
Then he charges them for the honor of a positive review ( Lies out of his fat arse, for his so called ”Trade titans” )
well DR Handley, you have some questions to answer. How can you rate the GTR as a ”Trade Titan” when they are clearly a complete scam.
Have you no dignity?? You’re meant to be a Doctor. I wouldn’t trust you to give me a fucking prescription for a headache.
Guy’s,
Can’t seem to keep up with this string..I will always answer any of the comments, just maybe not in your time frame fellas..
Jon, I will answer that..After Sandy was fired..No, let me digress..Last year October Simon fired Kai, a GREAT guy, and his former partner of 4 years for what I thought a minor issue. Further, he did it in an email. That did not sit well with me. When he fired Sandy I was ready to leave. So, to answer your question, Simon did NOT fire me, I resigned (read a long ago previous post where someone said I quit in Skype..also not true).
To Shaking My head..
Yes, my stop on that ES trade was WELL above..IN FACT, I stated in the room MANY times I would HOLD IT OVERNIGHT..did I not? Yesterday in Skype, at 6:15am I POSTED, ES IS A SELL HERE between 88 and 89..I also gave target when we opened the room..Did I not?
As for my DOM, it is up on every single trade but when no trade presents or I am not in 1, I move it to the side..If you were in the room all day you would see my DOM and the trades.
As for Dean..I am working with both Emmett and Dean. I have sent Emmett FULL tape recordings of each day for over 2 weeks in addition to asking him to join us as either a viewer or moderator. I will gladly send him anything he asks for as we are not hiding a thing.
Seems that no matter WHAT I, we do, there are always going to be naysayers and I am coming to the conclusion that little that I do will change that.
I can also tell you this..I know of at least 1 person that held the ES trade overnight as well and took profit yesterday too..
Trading calls for adjustments..5 tick stops, 7 tick stops often work..But, when the stop is 12 does this mean I take the stop? I would rather be in the trade and make a profit.
Lastly, I am NOT taking trades on the side and we are doing all we can to be a room where people want to be in.
Thanks for the review..But please stop with speculation.
Bob
On your website it says:
“Combining Volume Profile and Order Flow, Sandy and Bob are able to isolate entry and exit points with uncanny accuracy using only small stops.”
so people joining your room would expect small stops, not swing trades with large stops. From the story told by shakingyourhead, it seems the sales pitch on the website and whats happening in the room are two very different things, that’s not transparency. That’s deception.
Bobs on the run!
You’ve been very quick on your reply’s to tell everyone about your Humility and honesty.
I thought you wanted to be transparent Bob? This is the 3rd and last time I will ask,
Would you still be at the GTR if Simon hadn’t sacked you?
Your silence speaks volumes!
Well it’s taken this room about 3 weeks to go from good to a train wreck. The past few days, due to losses (and I believe trying to make up the losses because he sometimes puts out an email with the trades), bob has started jumping in trades many times at the last second that are almost impossible to follow (many comments in the room of ‘I missed that one’), and now getting in trades using ridiculous stops that would break a lot of us if hit. This wouldn’t be so bad per se if it had been this way from the beginning, but it started out looking pretty good.
Bob even stated just a few days about how he can’t take trades with large stops because people in the room are following, and how he can’t just jump in trades at the last second because he has to call them clearly and in advance for the people in the room, but that’s all gone out the window in the past few days. 10-15 tick stops have become the norm this week after stating that he couldn’t call trades with that large of stops for the sake of the members. That was until they started taking so many losses that is. It’s literally insane and nobody in the room is calling him on it. Just conversing normally in chat like this should be normal. He’s become like some crazed madman to get his losses back (again because he has to report what he’s doing publicly I believe).
Wednesday he came back for a second session and got in an ES trade that at one point near the end of the day that was at least 8.75 points against him and his stop was above that somewhere. While still in the trade at one point he was over $1k down for the day with his previous losses. When asked where his stop was by someone in the room he wouldn’t even say. Just quickly pointed to a chart and said ‘somewhere above this level’. And by the end had his DOM off the screen where you couldn’t see how bad his loss was. One guy finally had to pull out of the trade with a $1700 or so loss for the day. Plus Bob decide to hold it overnight to try and get it positive which I’m not sure most of his followers have the ability to do.
Today in his email he’s touting it as a successful ’swing’ trade when it really was him basically moving his stop out of the way so he wouldn’t take a loss and just riding it out until it came back down. And of course added a few more contracts up there so as it came down it would get him more profit. A trade that was impossible for anyone in the room to follow. Someone brought up Rob Hoffman and Bob laughed and agreed. For those of you that don’t know, a few years ago Rob kept adding to a losing trade until his broker finally had to shut him down and force him out of the trade after about a $300k loss.
His DOM is off the screen longer and longer now between trades so you can’t see the losses he is taking. His email from today says he ended up positive, but that’s actually not true unless I missed something (see the accounting at the end). He decided to include ALL his trading accounts in that total because the one account he trades for the room was at a nice loss. The transparency is getting a little more clouded with every losing trade. If they’re still posting the videos you can see the carnage for yourself. But it’s really not worth sitting through.
The room is getting so dysfunctional that Bob is getting so exasperated at his losses that many times he takes it out on Sandy and yells at him about stuff. Sandy has become the whipping boy for losing trades when he calls them. When Bob calls a loser, of course Bob doesn’t say anything. And whenever there is one winning trade after several losers, there’s a lot of self back patting and forgetting how bad he’s been trading to that point. It reminds me of a football team that’s down by 5 touchdowns and when the losing team gets a TD, the one who scored does a ridiculous dance of victory even though his team is down by 5 TDs. I could go on and on with the things that are wrong here now. And of course some times the day is at such little profit, if commissions were figured in the losses would be a few hundred bucks.
Oh, and one other thing. Dean Handley seems to be a regular member of the room, making suggestions, etc during the trading. So you know you can’t trust any pending review by him.
I can honestly say I can’t recommend this room. I have nothing against these guys, wasn’t a part of Simon’s room. Heck, I wanted this to be the real deal. But I can’t even make it look good by any stretch of the imagination. He may come in here and try to justify the way he’s been trading the past few days, but if he’s as honest and transparent as he says he is he won’t try to defend it. It’s the total opposite of how he said he has to trade due to his commitment to the people in the room. It’s really been insane and that’s an understatement. I have so little confidence in the calls after watching this week that there is no way I could confidently take any call they made. And the emails haven’t had the exact trades the last few days, if it even got sent. It’s getting less transparent with every losing day. These guys are proving to be not very good traders without being able to hide behind the ‘collective’ ticks of Simon’s room and the transparency of having to show how their actually trading. By the way, Bob claims he was in profit for today. I noted every trade taken today in the room (Bob had to use 2 different accounts):
Account 1:
trade 1 = -210
trade 2 = +40
trade 3 = +140
trade 4 = -180
trade5 = -360
TOTAL: $570 loss
Account 2:
trade 6 = +75
trade7 = -360
trade8 = +130
trade 9 = +70
TOTAL: $85 loss
TOTAL between both accounts: $655 loss
Bob decided to include his overnight ES trade, which ended up making 42 ticks (mind you, he added 5 more contracts…none of which were properly announced…just a vague “this 88-89 is a good spot to sell”). But I’ll be nice and still include those 42 ticks, which means $525 profit for that ES trade (which one member called ‘a prayer trade’). That STILL puts Bob at an overall loss of $130 for the day. Um, how the heck is he in profit? Unless he was taking trades on the side which it appeared he might have been doing. And don’t get me started on commissions.
I cannot recommend this room at all. And again, I wanted it to be the real deal.
You guys are not getting it!
You are supposed to trade the opposite way, if they call a short go long and vice versa.
And instead of using a 7 tick stop and 4 tick target use a 4 tick stop and 7 tick target (not that a 7 or 4 tick stop will do any benefit trading crude!).
ShakingMyHead
You realize of course what you’ve just described. Global Trade Room. Same old practices complete with a pathetic overnight swing rescue attempt that no one could follow and that was then included in the results. What d’you mean the results are not correct? Don’t you just hear Simon’s voice? “I called it to the tick, guys”.
There is one difference though. Arrogance is gone here. Bob has to answer when being called to account or he has to be silent. Only a few weeks ago his answer would have been an abusive email that basically said : “Tough, we got your money. Nothing you can do but choke on abuse.” People are sending me copies of similar emails sent to them by Bob. This was epidemic. Yes he has apologized to me at least. But I still suffer vomitatious attacks when I remember it. Has he had a personality transplant?
I got an email from a GTR member asking me if I would open an alternative Skype room for GTR members to voice their true opinions since they cannot do it in the proper GTR room. Seems a great idea. But I should think everyone would then qualify to be booted out like I was. Mr Yousef’s bye-laws state that nothing that goes on in the room can be discussed outside it. So everyone would be in breech of contract unless people used different Skype names. If we had such a room, I would like to think that it would be better moderated than Simon’s room so the kind of abuse that goes on in there against all that beg to differ, would not be allowed.
On the subject on Dr Handley being in the Bob’s room, he still makes regular appearance in GTR on Tuesday when there is a new flock of lambs to the slaughter. He normally puts ” brb” in the chat just so it is noted that he is in. However recently Simon asked him twice if he would take a mic. No response.
Would you really trust a person who goes by “Bang Bang”?
You mean the guy who use to bombard people’s email about all the money they made trading ? This honest man who blatantly was lying about the trade totals to show he was some world class trader but was only an employee and did not make policy?
Here is one I saved for entertainment purposes. The sales manager now a trade caller.
Maybe even the landscaper could have called trades too.
(I have plenty more, and be happy to post them if you want).
=========================================================
Everyone on the GTR team trades live and is a successful trader, period. In fact our very own sales manager, Bob Amico called out over 250 ticks or $2,000 dollars live in the GTR morning trade call room last Thursday.
Just a quick note about Bob. He came to the GTR after many years of searching for the right mentor. After just 1 year with the GTR, Bob, has now become an absolute super star trader and we congratulate him!
=========================================================
Oh ya, real super star all right.
Look, I am really trying not to completely bash the shit out of this man.
However, Rob B, your last post nailed it and lite the fuse again.
Tony , It’s obvious you’re a friend loyal to Bob or never experienced how he conducted himself while representing GTR.
No way you would ever make a statement like that otherwise.
Here is just a few thread highlights for ya from the archives:
“AND YOUR STILL ARE NOT A MEMBER”.
“ABSOLUTELY KILLED IT FOR 271 TICKs in 45 minutes AFTER LUNCH”
“WE BEAT THE BRAKES OFF CRUDE ALL MORNING BANKING 867 TICKS”
“1024 TICKS ON 9 TRADES and a HUGE RUNNING in NQ for OVER 100 TICKS”
I can go on …..
Tony, are you sure you are not Bob bangbang or Sandy..or maybe a relative of one of them ???
Bob You have the most honest and transparent room! I have taken the trial and by far you go out of your way for your traders! The room is clear and transparent and no BS.Keep up what your doing Bob! You are a classy,caring and honest man!
You are nothing but Bob’s Tool.
I have to respond to both Bob and Jon.
First, Bob, Hmmm! I read your post and you do not seem to get the anger of the posters who got ripped off $10K by GTR, so I will try and help you out. I was ripped off by different smoke and mirrors Trading Room (not GTR), but after that I can now smell a smoke and mirror BS Trading Room from a mile away. And after going to a few GTR trials it was obvious this is one of the worst of the worst scams. And then they have the nerve to email me about their 200 tick winning day; day after day. Oh! Occasionally they will throw in a 28 tick losing day to look good, but then it is followed by another 200 tick winning days. What complete BS to sucker in the novice!!
And your response to all this is; “I was just an employee” . Honestly it reminds me of the German Soldier’s Response at the Nuremberg Trials, “I was just following orders”
Now in fairness your crime is not equivalent to theirs.
I think most people are forgiving, not all, but most if you have a heartfelt Ben Carlson Redemption moment or even if you came clean like Emmett. But you are doing none of that.
So I am going to help you out. I know what I would want to hear and I think most people are looking for you to say. So here I go:
“Yes I was an employee of GTR. I was young and I thought Simon was for real. Simon got all the money not me. After a while I realized the room was a complete scam. I told Simon this is wrong and it needs to stop. When it did not I left the room to open an honest transparent room and I reported GTR to the regulatory agency and have offered to testify against Simon.
I apologize for my association with GTR. I can never make up for the members that were completely ripped off, but I will do the best I can. For any GTR member I will offer 6 months of my trading room for free.”
That is what I would want to hear. Do you see the difference in that and your responses.?
Now to Jon
The reason most trading rooms are smoke and mirrors and not transparent is simple. Most lose money!!!!! And someone said Bob is using a 7 ticks stop loss, which turns into 8 or 9 tick loss after slippage to make 4 ticks. You can never get a high enough win rate to trade that profitable. And to any traders that says they can; I say show Emmett your statements proving it.
Dear Bob,
Bob you dont need to defend yourself here.You are a stand up guy! Honest and sincere! your new Room will flourish.Your transparency and clarity is amazing! I have been to your room and its the best room out there! You will have losing streaks! Keep up the honest and the transparent room with the DOM up!
Bob, ”Vulgarity” you say! That’s rich coming from you. This ”honesty” ”humility” ”transparency” that you keep on harping on about, does not really exist with you.
When you were selling the GTR like it was the best trading room in the world,
I certainly did NOT see on ounce of ”honesty” ”humility” or ‘transparency,
Just salesman bollocks and bullshit.
This is just a sad attempt to redeem yourself.
As I said, the results and the trading will now speak for itself ( which looks pretty shit at present)
Please answer my question: would you still be at the GTR if Simon didn’t sack you?
Ill look forward to your ‘honest’ ‘transparent’ answer.
Bob & Sandy Room
Transparency of Dome is there but where are profits every other day losses and losses ,too much interest in only Cl and ignoring other markets .They are most happy to tell you that they missed by one tick or two to enter .How perfect was there call based on profile – Hell need entries and some green at the end of day .Disappointed.
Good that I am on trial .
Bob
Your a sad man and you don’t give a shit about your members.
And your are the most vulgar person on this blog.
Gentleman,
I have been as respectful as I can be..Answered with HUMILITY and openness..Do you both, Tom and Jon, think we can have a discussion here without the vulgarity? It’s not only offensive it solves nothing. That said..
I sent Emmett an email weeks ago regarding this very same issue. I have no need to publicly post it. Regardless of your beliefs, I had NO control over policy..I was NOT am equity partner and I set NO policy.
Am I distancing myself from the GTR? In what fashion? That I moved on and am doing things differently..then yes. That I disagree with aspects of how Simon runs HIS business, then yes.
Again, I have been as open as I can be..
Bob
Culpability aside….I see no need for you to continue the argument on this forum Bob.
Best of luck in your new endeavor.
Bob, You don’t seem to disagree that ”Simons” GTR was a pile of bullshit, You also seem to be distancing yourself form the GTR.
But I can remember, clearly, that you were the self proclaimed head trader and head of sales. I had a Bombardment of emails every day, from you; stating how you had ”knocked it out of the park with 100’s of pips” and ”Your still not a member! ”
I had to unsubscribe to that shit.
You also state that you were sacked by Simon; Would you still be there if you hadn’t?
I find it hard to believe that you have many ex GTR members that have NOW joined your room. Why the fuck would anyone want to get robbed twice??
The methodology is shit, the returns are shit..the member numbers are either made up or they are off their fucking heads.
And the “I was an employee angle ” not cutting it .
GTR was not fucking IBM, AAPL, or GE were if executives lied , most employees would not have a clue about it. It wasn’t hiding airbags or emissions numbers .
There were at most 3-4 fucking people who all had to know exactly what was going on.
Its also funny how Simon distancing himself from you and you doing the same.
You Each blame the other, like two mobsters negotiating witness protection for testimony.
Your nothing but a hustler, who got caught, and now you’re trying to redeem yourself using another angle to regain your meal ticket.
As for me, Im done posting about it.
If you are really an honest man, you’d fight to get peoples money back knowing they were frauded . That’s what honest, transparent and people with integrity fucking do, Bob. They fight for what is RIGHT.
Anything otherwise , is just more bullshit from another trade room hustler .
Tom,
Many of our members are former and or current GTR members. I think that speaks to how those that have traded with us feel about us. In addition, and this will speak to SCAMSQUAD, I was an employee guy’s, not the owner. I did not set protocol did not set prices, etc. However, I STILL work with any GTR members (MANY!!!) that are struggling with the methodology, that contact me. Oh, and no, I am not charging anyone.
This is the same methodology that I trade to this day..VOLUME profile with order flow..
I realize that no matter what I say, what I do, I will get people that will want to instigate and or castigate. I respect those that post here and care to ask legitimate questions and or post advice.
Thanks Guy’s
Bob
Bob
People will want to instigate and castigate because you have their money. The money you should not have. As all you gave for it was deception and arrogance.
What you are trying to do now does not remove this.
Hi Joe
And he’s (Bob Amico) also the one who has the GTR members money.
Let’s all ask Bob Amico, are you going to give back the money you have
Stolen from all the the GTR members .
We all are waiting for your answer Bob
SCAMSQUAD,
What are you speaking about? What an unfounded accusation! I was an employee of Simon..If YOU are a member, then contact Simon directly..
Bob
You are referring to famous accurate GTR tick count that would make Enron look like a Choral Society?
Am I the only one who noticed? When “bam bam” was trading behind the curtain, he had 3 losing days in the last 365.
As soon as “bam bam” got in the light of truth, he had 3 losing days in 5.
I am not knocking that you took loses, its part of the game.
I’m just saying that it is obvious how fraudulent your claim of 3 losing days in 365 is.
Joe,
Your comment is slightly inaccurate..I never said I HAD 3 losing day’s..The way the ticks were calculated was a gross from the 3 of us..So, if I lost 20 ticks and Sandy lost 20 ticks but Simon made 50 ticks, that’s a 10 tick positive..
While I respect each of you here and all your comments, please try and be accurate in your posts.
Again, we are doing something that is far more clear and transparent..I suspect that if everyone was doing the same their results would differ as well..
Remember, I DO NOT count trades where I am not filled now..Unlike the past or current rooms that count calls from a number and do NOT show their DOM.
Again, I respect and welcome your comments..
Bob
I think what is bothering me the most and maybe some of the others, is your repeated attempts to act like it was someone else who was ripping people off while you were the straight guy.
You knew what was going on, you were a part of it for how long?
You had inside information, you saw the real results and the posted ones.
You aided and abetted them through either direct actions or through complicity and now try to claim you are somehow separate from all the shenanigans.
You were one of the three people who are responsible for the actions of GTR for years. You refuse to take responsibility for your part in it all and you refuse to help any of the people you harmed through your fraud, become whole again.
Give Nadina the money you stole from her and show everyone that you feel some shame and guilt for your sins.
Joe,
Could not have said it better.
I was going to do a trial in there this week, but decided against it.
I’m seeing these emails about transparency every day and its only making my blood boil.
Bob, you ranted, jumped, and boasted how wonderful GTR was for what 1-2 years?
Now you found your soul and being transparent NOW somehow makes you benign to all the bullshit you feed people to make an easy buck?
In addition, what is utterly amazing to me, do you really think anyone reading those dopey emails everyday is going to make anyone think any better of you?
I really thought you would take a different approach in this new venture, I sincerely did.
From what I have seen so far, all you did was take the pitch used in GTR:
1000 tick / day on average …
Top Trade Titans …
Dr. Handley …
Nobody does what we do ….
And you still not a member …
and changed it to :
Integrity
Honesty
Transparency
DOM in full view
Nobody doing what we do ….
WTF…..
Want some advise: just end that email garbage, and that marketing blitz on the transparency, honesty, and integrity bullshit.
If you have to tell people your trying to be something, chances are your not, or never were.
Run your trade room, and organically grow it, and just be honest.
Beating people up about “Trying” to be …
Come one, most people see that and say “Why should you have to TRY to be honest, transparent and have integrity?”
Lastly, if you really want to redeem yourself, as I have said before, why not give former members of GTR a 1-2 month trial in your room?
Why not tell Nadina come in for free ?
Whats the cost per month for your new room?
If its more then $150/mo, your out to rip people off IMO.
OK Simon sent out an email that the room is closed on Monday sorry for any inconvenience know explanation . I think he’s freaking out he doesn’t care now because all the members in the room are not making him any money and he can’t get new sales. Bob was the talent in the sales and Bob is the talent in the trading and now it is going to a new level of transparency!! He’s freaking out so the clamps down on Nadine who so right on. A cowards moves in my opinion. Between credit card protests PayPal protest CFTC protest he’s gonna feel the heat. Bob is liberated from under the thumb of Simon to be true to himself Emmett you started this ball rolling don’t stop gain strength from all the people you’re helping. Yeah the ones to be wary of Dean Handley I don’t know what the whole picture is but I know that whenhe is positive of a room . It’s a false sense security because you think he really has grounded the results and has not can cause big losses. Watch Trisha agenda.
Bob was definitely the sales guy – and still is. I’m sure GTR’s sales took off when Bob joined the team.
But Bob is the talent in the trading?
OK Simon sent out an email that the room is closed on Monday sorry for any inconvenience know explanation . I think he’s freaking out he doesn’t care now because all the members in the room are not making him any money and he can’t get new sales. Bob was the talent in the sales and Bob is the talent in the trading and now it is going to a new level of transparency!! He’s freaking out so the clamps down on Nadine who so right on. A cowards moves in my opinion. Between credit card protests PayPal protest CFTC protest he’s gonna feel the heat. Bob is liberated from under the thumb of Simon to be true to himself Emmett you started this ball rolling don’t stop gain strength from all the people you’re helping. Yeah the ones to be wary of Dean Handley I don’t know what the whole picture is but I know that whenhe is positive of a room can be the Mark of the beast. It’s a false sense security because you think he really is grounded the results and has not can cause big losses. Watch Trisha agenda. Very knowledgeable not an amateur if she’s the Trisha that sells Maria’s order flow she doesn’t want a clear Dom.
Thank you Kenneth. I thought of it. I will contact PaypPal as well.
We need to close him down. And we shall do that.
Include a copy of your CFTC complaint when you contact PayPal and your credit card companies.
Joe thanks
I will
Everyone else – please do the same, submit the complaint to CFTC website as well as the company you paid through , as Joe said.
Direct message to Simon,
The net is closing in on you, you have been uncovered as a fraud.
Its only a matter of time until the authorities come knocking at your door.
I hope you cant sleep at night, get ready for an onslaught of claims against you.
I hand it to you, that you are a good con artist and clever salesman, but the worst trader I have EVER come across. You sold the dream of consistent results, it was inevitable that your big ego and bullshit would be uncovered in the end.
Thanks to Emmet, the people that have been caught up in your scam, have a place to come to and speak about their bad experiences in the GTR and vent their anger.
Rot in hell, the Simon & the GTR
This is the email I got this morning:
“Nadine ,
Please stop coming the GTR trading room ,
Rules, Bylaws, and Conduct:
In short. No GTR information (Proprietary or other) shall be shared without written permission and consent of GTR and it’s representatives. You can read the full Refund and Disclaimer policy on the website. Everything in the GTR room is proprietary. That includes (but is not limited too): indicators, training videos, snapshots, dialogue and visual representation in the live trade rooms, skype rooms, and any other form of communication intended ONLY for the use of paid members and students.
If any proprietary or other information about GTR or it’s members is blatantly distributed, shared, or talked about in a venue outside of GTR’s environment without the consent of GTR, then all membership privileges shall be immediately revoked.
GTR is a professionally run Educational Program. It’s sole purpose is to teach the GTR method to it’s life-long students / members and maintain a pleasant and cohesive environment for learning. This is accomplished through online training videos, open forum skype room (students helping students), and Live trading/training 50+ hours a week.
No member of GTR shall or has the right to disrespect, slander, or ridicule any moderator or member in any way, shape or form. If any member is found causing disruption to the live trade room, by attacking every aspect of the training process. Harasses the moderators and / or students for the sole purpose of causing harm and chaos to the trading environment. Slanders and bad mouths students and / or moderators by trashing their reputation in other venues. This member’s privileges shall be immediately revoked.
You had ample time to request a refund in the first 72 hours of signing up. You had 30 hours of live trading in the trade room where you could have asked for a full refund.
You came to countless trials prior to signing up for GTR membership. We never once asked or forced you to become a member. You called and requested membership on your own.
Due to the infractions above, we regret to inform you that your GTR membership privileges have been permanently revoked.
Thank you,
GTR Team”
So after all Simon Jousef does read this thread.
Of course he does. This thread is jeopardizing his meal ticket. They made a lot of money off the unsuspecting newbies. Nothing lasts forever buddy. Especially a scam.
Nadina,
I believe Paypal’s buyer protection covers digital goods and services too. If you believe whats delivered is substantially different than what was presented before purchase (for instance a lifetime membership, not giving you lifetime access or claims made before purchase that aren’t true), you can within 180 days of purchase raise a dispute with paypal and, if funded with credit card, with the card issuer within 1 year.
Both PayPal and credit card companies will act on your behalf, especially in circumstances such as these, where you paid for “personal services”.
One way to bump up your standing is to first file a complaint with the CFTC and then include that complaint in the refund/chargeback request you make to the credit card company and PayPal.
Nadina,
I assure you there are plenty of members in exactly your shoes.
With that being said, the members I know personally do not want to post here for fear of being banned themselves. They want to keep their access so they can keep info flowing .
The numbers of the disenchanted are increasing faster then new sign ups.
Im being told, though , Simon loves the new setup with the new moderators and he has never been so relaxed and felt more at ease trading.
Members I chat with do not feel the same.
Majority of the trades are the typical Simon bullshit ones like:
“Oh I got first target, then it back stabbed me stopped out, but any body held on to that one it went 40 ticks.. Did you see it, I told you I seen it clearly”.
(Quote sent to me today on a crude trade).
Word is the new Stock trading room will be cancelled.
People who were going to run it bailed out.
Most likely because of this forum.
So keep the info coming , and keep posting.
OK I will never throw out the baby with the bathwater …… emmett moore. And Bob Amico do not have a perfect background ……but this is the best first most transparent chance we as traders have ever had!!! Emmett is exposing so much and he is not being bought in my opinion at all For various reasons that I have looked into ….Bob is making his amends for GTR room and so many are trying to deter him from showing his DOM and he’s going above and beyond. Give him a chance to get his sea legs in this new role he is trying to do something revolutionary believe me we have followed and lost money in many of Dean Handley so called verified rooms. Smoke and mirrors he’s got a good idea but he does not execute the way Bob is offering this up to be verified Especially to the standards of emmett Moore Believe me some of the scammers are freaking out Simon put out a newsletter saying that his sales are going away because of Emmett Moore . He can’t do what bobs doing because he wont stand on his own trading like Bob is willing to do. Give him the chance nobody else is ever given any traders this offer believe me Handley review did not compute most of the time either Maria Roussos who is with Tricia ….Tricia sells her order flow software Does seminars for her Both Maria and Trisha do not want bob to succeed. It pulls the curtain back on showing the truth of the matter. As Emmett Moore does. Emmett gave Maria Roussos order flow room a bad review because no Dom or transparency only software sales. and Trisha is all about selling a Maria’s software. Get emails on it all the time If Bob succes showing his DOM and Emmett is succeeding by exposing those that don’t all these people are done. Thank God when you Google GTR the first thing that comes up now after them is Emmett Moore This is a beautiful breakthrough and everything Nadina said was very well put. There’s a lot of shills out there. I support this transparency then we can see wihat the trading skills are otherwise were just chasing nothing
Hi,
By Tricia do mean me?
I have nothing to do with Maria Roussos.
Christian,
The email has been sent as of this morning at 9am EST..IN addition, the results are posted on the web site..
I do NOT hide from my results, good or bad..Had I not been out of town this weekend I would have done it Friday..But, it IS out..
Bob
It never ceases to amaze me how much you post in this comment section; salvaging and mitigating whatever damage you can. Unfortunately, your comments do nothing more than stir the beehive and discredit yourselves even more.
Can any of you guys even pass a topsteptrader combine?
I too just had signed up for a week trial in Bob and Sandy’s new room. They had 3 losing days, totaling over 1k loss for the week when you include comissions. Now losing days don’t generally bother me — even the best traders have bad days. But what bothered me was the fact most people (myself included) were sold on the fact GTR is “so good” that they only had 5 losing days in 2014. Yet two of their former head traders have had 3 losing days during the first week of trials? That to me is proof that GTR is all smoke and mirrors. Either that or Simon is such an amazing trader that he was constantly making up for Bob and Sandy’s bad trades, which we all know isn’t the case. Now don’t get me wrong, I’m glad Bob is being transparent and people can actually follow along. But i feel like a total sucker for ever believing that I could make money following these guys, all based on lies.
Gomez,
Thank you for attending the week long trial..Yes, we had a bad week, what can I say. For most of the week the markets were range bound and we had a difficult trade. NO excuses, just fact. As you point out, all traders have bad day’s, bad weeks and bad month’s.
As you maintain, you were in the room all week..Care to admit to how many trades were called that came within 1 or 2 ticks of entry that would have been correct calls? How many trades was I not filled on that would have altered the totals.
We have offered anyone that wishes a chance to come back this week and see for another week of trading..Maybe you accepted as there was no “Gomez” in the room..
IN any event, I have sent weeks worth of video to Emmett and as he can attest, I am POSITIVE over the past 2 weeks having made money in the week prior 5/5 days and have a TOTAL winnings of 7/10 trade days..FACT, which as a trader, is what I care about, the LONG pull, not week to week or day to day..Monthly, Quarterly and yearly.
Thanks for your assessment..
What bother me is the fact after the losing days they do not send those funny emails telling what great and transparent traders they are.
WTF,, are you a man or just a chicken afraid to assume you’re failing sometimes ?
Sum all the ticks for past week, add a 4 dollars expenses per round turn per lot and assume the results.
That is what a real trader and a real man would do.
To all GTR members
Don’t ask Bob Amico for transparency
Ask him where’s my FUCKING MONEY ??????
Nadia, I agree with you, this is about the GTR. we have all established that Simon is a fraud & scumbag arrogant prick.
Bob, It doesn’t matter if Sandy’s Fucking father christmas, its not about how nice he is.
He has no control of his emotions, to be a good trader, especially a teacher and a trade room moderator, you ”MUST” be in control. he is all over the place, and I suppose his trading is too.
I don’t need to add anymore on the discussion, I have said my piece, no doubt people can make up there own mind if they take a trial.
Jon,
Thank you for visiting us last week. We enjoyed having you. The markets do not always do as we wish and last week was one of those week. Did I have a bad week..yes, I did but so did many. IN addition, I also had many no fills that would have made the week different, at least from my DOM.
I hardly think you can call me an amateur as I clearly identified prices and levels..We are judged by our overall P/L, not 1 week..Over the past 2 weeks I am still positive and we will see how the month unfolds.
As for Sandy..Yes, he gets excitable..He is a GREAT guy with a GREAT heart..And cares about people. However, I NEVER said “shut up.” I did call his name several times in an effort to calm him down.
We have 51 members as of this email. 51 people that have traded with us and decided that we can not only teach them but trade with them. Again, not everyone feels as you do as each had their own experience in the room, OR, in the past with us.
In point of fact, 1 member that joined has been in over 100 rooms the past 5 years, felt we are the most honest, transparent room he had ever seen. Again, experiences differ..
Thank you for the review..
Bob
As for my trading..I am not a trend trader..I a a scalper as I have explained many times..I will
Your not a scalper, you are a front runner using the actions of your members to gain profit.
No one was knocking you for taking losses over the week, they were knocking you because you claimed to somehow have had a profit.
If you have 51 paying members as you claim, giving Nadina her money back should not be a problem.
Why don’t you just return the money you stole from her?
Just finished the weeks trial with Bobs new room so here is my opinion.
The weeks P+L was negative for the week, they were $900 down on the first day, cant remember the total loss for the week but that’s not much of an issue as its only a weeks worth of trades.
Trading CL and having a 7 tick stop is ludicrous, and then going for 3-4 ticks first target is insane. This pair can breath 100 tick moves , so you will miss the main chunk of the trades, and get stopped out a lot, which they do.
They are NOT seasoned pro’s and lack the balls and experience to alter their entry and stop, so all you will hear all day is crying and moaning about how they ‘did not get filled, missed entry or stopped out by 1 tick’ they also like to brag a lot about how they called the area to the tick, but are not in the trade. ( that is not hard to do ).
Sandy is laughable, he gets very excited and nervous when in a trade, at one point he got himself in such a fluster that Bob had to shout at him several times to SHUT UP!
The he says ”oh sorry Bobby I was loaded heavy on that one”. (PATHETIC!)
You also have some plants in the room that say they are getting 60-80 ticks and bragging about it over the chat box. ( what a load of bollocks )
They also claim to have 50 odd members already. ( that’s either a made up number to entice people in or 50 complete dimwits)
One plant even said ”this is the best room I have ever been in, Im joining up today”
(This made me laugh as they were down for the day and week.)
This is a Very amateurish room, you will be counter trend trading and missing the big moves with the trend and flow of the market.
Avoid this room, they are nowhere near experienced or good enough to warrant holding a trade room.
Jon
On the subject of “ to the tick” – that expression is borrowed from Simon. Apparently all Simon’s trades are called “ to the tick” as he likes to say. Interestingly, most are losers or he is not in them.
Friday was another momentous day in GTR. Business as usual. Up until I left, Simon called 8 trades on crude, one after the other …… all long, while crude was going down. Good old limit order bounces. “Trying to catch a runner. I was hoping for a big runner guys” . 8 times in a row? Surely even trading has rules. Just how long do you keep knocking on a closed door? Till your clients lose their accounts?
6 trades of 8 were losers. That is to say they possibly went 3 ticks positive then hit the stop. No one said to exit at 3 ticks target and it would not have been filled anyway. With entries always being worse than Simon’s (“who’s in it with me – what price?”), it would have been a 1 tick profit anyway. 2 of the 8 trades went into positive, one 10-15, the other 30 ticks, before going back to the stop. But no one said where to exit. So when it returned and hit the stop, it is completely unclear what the profit or loss was.
Simon commented in summary that today he had 8 trades on crude: “and they all went in my favour”. How can this man sleep at night? Does he not know that trading stands or falls on hard facts, not leisurely conversation and claptrap?? How can someone – who can supposedly trade and is a CMA – treat everyone else’e trading in this cartoon-like manner?
Obedient members keep commenting: “What a useful study day”.
Again perhaps this works for him when he trades his own method. For other people to follow and make money (as advertised) – it’s a fallacy.
We had a bit of a psychology lesson a few days ago. One of the other guys told us that how we conduct ourselves in trading is all to do our past and our relationship with our parents. Simon was happy to agree: It’s all in your psyche guys. Very useful to hear – knowing how many people got scammed out of their money. In their psyche no doubt.
Guys – lets not divert our attention from GTR. We won’t get our money back. We need to close him down.
Nadina,
I was in there for about 90 minutes listening with a friend who has been a member for over 2 years.
What you said was 100% dead on.
I listened for about 90 minutes, and all I seen Simon do was basically try and buy a bottom 6-7 times like there was something in profile that will make it bounce. If he was showing a DOM , he would have been hammered for losses well over $1500 just from what I witnessed.
“SWING LONG, I see it clearly, I see it dont you see it”?
I will say there was the one move for about 30 ticks, but when your asking people “Who is in, what did you get?, 55, 56, 59 all good , its going long”.
Of course on every trade, even the stop outs, he always get 3 ticks first target, , but he will tell you “I am not a scalper, these are swing trades”.
I was told later that morning, Simon posted some bullshit spreadsheet with all trades and it showed he was up 59 ticks… LMFAO 59 ticks, absolute illusion .
Maybe he did some huge trade overnight and he was counting that one.
Anyone in their right mind, who listened Friday to this scum bucket, would have easily seen right through his outrageous claims .
I too noticed the feedback of all the praise, and how great he seen those trades.
My god, a complete and utter magic show for the entire 90 minutes.
I was watching the chat box messages that were posted while he was destroying people’s accounts.
It only confirms in my mind they are not real.
These people are part of the scheme.
It’s like the Magician who picks a random person from the audience and it turns out person is part of the show.
My friend showed me also, that he is blocked from posting in the trade room comments box.
Several times he posted messages and we did not see them in the chat box.
So, it’s pretty easy to keep the feedback clean when you can just block someones comments who is asking tough questions.
In conclusion, your dead on Nadina , this jerk hole needs to be shut down once and for all.
If you want to be an educator, thats fine, educate people , use SIM, explain your trades, why you take them, etc, etc… But stop putting on a show like your trading to lure unsuspecting traders in and they can “Earn as they Learn ” bullshit.
Ya Simon , You earn as they learn , pretty great business model.
And oh, the methodology on how you see profile like nobody else; You see it in your bank account. Your right nobody profits like you do claiming to know profile like you do … You no doubt are the pioneer of that ..
Congratulations, you’ve made the scumbag Hall of fame.
Lastly, one thing I would love to see on Your Site Emmet,
A SCUMBAG HALL OF FAME
Nothing fancy, just one entire page with a Mugshot, and a short phrase they may be known for.
What is great about it, they can all finally be recognized for their accomplishments.
Joe,
Are we a bit angry? I understand any GTR member’s anger.
Look I have no idea if Bob is coming clean or he is just starting a new Trading Room to continue the GTR scam. That is why I keep asking to see those videos.
Again, Bob how can we get those videos????????????????????
For anyone in the room currently, is he accurately reporting his trades with slippage and all in his posted results and in his emails. If I look at these videos and the trades called do not match the results being posted I will be the first to be critical.
Emmett what are you seeing. An amazing transformation of honest trading or more of the GTR same old same old.
All I keep seeing is someone talking about how they are going to do it right.
After weeks of conversation, I do not see where Bob has admitted he helped GTR rip people off.
He has not admitted he was aware of it and he was complicit in it.
He just wants everyone to believe that he is now, after getting caught, going to “do it right”.
If this man had any conciseness, cared at all about anything but taking your membership fees, he never would have been a part of such a scam. He never would have aided and abetted GTR to steal thousands of dollars from people.
Nadina, I know I helped GTR rip you off for $7,000 and to make it up to you, I want to offer you a free week in my NEW and IMPROVED room. Wow, so generous.
You made a ton of money from helping GTR rip people off. Why can’t you just give Nadina her money back?
In the long run it would benefit you to do so, both publicly and when the investigators from CFTC come calling, which they will do so.
All this talk of how hard it is to record an accurate record of things done live and out loud, is nonsense.
I don’t take entries if it taps and doesn’t fill but I record the results anyway but only if it’s a winner.
In less than two weeks, there are already questions of how the trades are called, how they are recorded and who even took or did not take them. There are videos of the trade calls and a log that differs.
Same ole garbage in, same ole garbage out.
Hi,
Guys, do you know where Emmet post the list of Best Live Trading Room on this website?
Tks
You wont find one! Lol.
Just to add to my previous comment, I meant 3% loss max per day, not per Trade.
Jon,
EXCELLENT POINT!! Man, I stress money management all the time, hence why I will often close a trade early..2 or 3 ticks gain is better than 7 tick loss (or more). I have a saying and repeat it often in the room..The best money you make is the money you do not lose. In any event, every trader needs to understand their risk tolerance for starters (many will not trade CL or GC) understand draw down, etc. My account can withstand a big draw down, others, maybe 200.00 . I tell people that they should look for about 10 to 12 TICKS per contract traded MAX, per day, and switch to SIM..I also suggest a 4% draw down per day..(roughly back to back losses)
Monday was the only day we started from behind the past 11 trade day’s..and stayed there. TOUGH day, frustrating for me as no area held..
Overall for the week I am slightly down though with last week, still well up, even with fee’s.
I appreciate everyone here and their willingness to offer suggestions and advice.
Bob
Bob, You want to be the single most transparent and honest room out there and I do agree that you are attempting that.
My advice on something that I think you need to make new traders aware of.
On Monday you had approx $935 loss including fees ( correct me if Im wrong )
If we go on a rough estimate that some people starting out will put $10000 in an account , some more some less.
On a $10k account that is nearly 10% wiped from your account in 1 day which is way to much, In my opinion it should be no more than 3% per trade.
You could probably advise people, that are new to trading, they should have a minimum of $30,000 before attempting to follow your method because a few bad days or on the spin, like we all have, could seriously damage their account.
Your method has a very bad risk reward ratio per trade so you have to make people aware of that. 1 losing day ”Could” wipe out 4 previous winning days.
Guy’s,
You all have valid points..and Rob, thanks for being “soft..”..lol. I agree with Nadina and each of you that are suggesting a BOTTOM LINE. Guy’s, I want to be the single most transparent room in the business. Does this mean I’m the best trader? I don’t know..Im pretty good but, again, it’s meaningless IF :
1) No one has a fighting chance
2) We are not profitable AFTER commissions..
Remember, I am the one that told Emmett we were doing this..
I appreciate each of you offering suggestions and the 1 thing I hope you all feel, I am willing to incorporate what it takes to make our room the best in this business. There is no ego or pride here and I am always open to those that offer constructive advice..
Bob
I think it is very hard to copy someone that is scalping for 4 ticks. That is my opinion. But if he is “Truely” showing he can trade profitable then he might be worth learning from so you can make the trades on your own eventually. And I mean clearly showing and counting all his trades winners, losers, slippage and all. As for commissions every ones will be different, so I think you have to just factor that in yourself. But you make a valid point, if scalping for a few ticks with lots of trades, commissions can make or break you.
Hmmm, as I type this I realize this might be my only post where I sort of defend a trading room. I am normally one of their harshest critics. Heck I even called Emmett the JV team once for being too soft on a trading room. I must be getting soft in my old age. LOL. But I am still waiting to see those videos to make final judgement.
Bob, how do we get them. I still suggest moving them to Google Drive and sharing them.
Hi Nadina,
Yes, you can show commissions on Ninja..Here is how: TOOLS..INSTRUMENT MANAGER..Then, 1 by 1 you need to add the name, i.e. CL, ENTER..DOUBLE CLICK..Misc. Tab..PICK BROKERAGE..expand..ADD your expenses EACH DIRECTION..Add for 1 UNIT..
Its easier than it sounds..
In my daily email I give ticks and state, BEFORE FEE’s..
Bob
we need to know if you are profitable after commissions
Nadina,
You can figure out net yourself. He pays about $5 RT, and trades 3 contracts per trade. Just delete $15 from the profit or less for every trade he lists in his email.
Brian
Thank you so much for the calculation.
Lets not be silly about this. The point Tricia, myself and others are trying to make is that it should not be the case that a day is seen as profitable when commissions render it a losing day. Email sent out would not be truthful. Trading is a math game. There is a plus and there is a minus. Plus should be bigger. Minus include commissions and they can be a significant part.
Why do you think Rios Trading (evaluated on this site) displays results with commissions taken out? Because there is a a difference in thousands of dollars per year.
It is up to Bob to take up our suggestion or not. Why should you have a problem with us making a suggestion?
I have not problem with it at all. It’s just that once one thing is taken care of then it’s on to something else. With due respect I don’t think y’all can be satisfied. But I’ll offer you the same thing I did Tricia. I’ll pay myself for you to do a week trial. I’ll set it up with Bob. Here is my email for both of you:
emini2000 at yahoo dot com
Just put “Emmett’s Thread” in the subject. This is the end of the week for the monthly trial. So it will be next month.
Brian
Thanks. No need.
A comment Tricia made rang a bell with me. COMMISSION.
What was and is one of the main problems in GTR trading? No one gives a blind bit of notice to commission. They call many small trades – scalps – at least 10 a day, often many more. They just keep trying till they ” get a runner”. Many trades lose. Those that win on the first target ( majority) – target is on average 4 ticks ( +8 per trade), the third lot out on BE. Those that lose – loss is – 21 per trade. But that is not all. If 15-20 trades per day were called – usual for GTR, the commission is $ 15 per trade. For 10 trades this is $ 150. For 20 trades it is $ 300.
Commission is a known problem with scalping because of the number of trades.
So take a day with 10 losers, a usual event in GTR. What makes it worse is that these losses are scattered between moderators, never owned up to in full. A loss of $210 is compounded by commission of $ 150. I takes a runner of 40 ticks to just about break even. Nearly half the problem (half the loss) is commission.
Bob if you show trading statements that is fine but you need to include commission. My trading statements on ninja do not show commission but I believe there is a way of doing that on ninja platform.
Bob, I have been critical of you in this thread, but if you do all you say in your previous comment then I can only give you credit where its due.
I don’t think its necessary to count the losses that you are not filled on, only the trades that you are personally filled on.
I wish you good luck if you do all that you say, as you have the GTR stigma to get of your back.
Jon,
I get it and I have no issue with being called to task. Understand if you will, in my prior room I did not make policy! I was an employee.
I have tried, and will continue to try, to make this as open as possible..For instance, I have told Emmett we will add an actual statement to the site (this is a temporary site and we are building our final version). NO ONE does that..NO ONE!
Someone above suggested that I was hooting about showing the DOM, as if no one does that..Well, again, of over 1000 rooms, it’s less than 1%..
I have now decided, after consideration and emailing Emmett, to NOT count trades I have called, placed an order on and was unfilled..
Wat else is there guy’s?
As Brian stated above, judge me on my trading now..Jon, if you are in the room this week (no one named Jon) how many trades have been missed on entry by 1 or 2 ticks? I know..it’s 24ow! So, 24 trades, missed by a few ticks, I think suggests the accuracy of how we trade..
Again, I am OPEN to all your feedback and without arrogance and or pride, I welcome it and if viable, I will alter things..
See ya in a few hours!
Bob,
If you are making clear calls and accurately doing as you stated, ” I will only count trades I GET FILLED ON in the total..Oh, and if i don’t get filled, and it’s a loser, I will count that!” then I am at least impressed. I did notice one thing looking at your track record. I know when I trade CL I usually get slippage and with a room of members mimicking your calls I would expect slippage, yet I did not notice any slippage shown on your track record being posted. Are you showing the actual entry and exit prices or the theoretical prices?
I would be interested in seeing those videos. Can you post to Google Drive and share the drive with all that want to see them.
Thanks in advance,
Rob
Hey Rob,
Im actually trading in full view, at all times, with my DOM..The trades are visible so no theoretical, hypothetical trades..LIVE.
Yes, I get slipped..I took a stop on CL and what was a 7 tick stop (-21) was slipped 2 ticks PER contract..I posted the loss of -27 ticks..
On entry I have my DOM set at a 1 tick offset..
If this is the case then you are already cheating, on 11/05/15 you recorded 1 CL trade where you made 4 ticks per contract, total +8 ticks and on the stats you have a total of +24 ticks. And then there is that second long trade from 45.13, you canceled the order so for you no trade but on the stats you can see +27 ticks. Can you explain that?
All I can see in that video is that you are a terrible trader full of fear, from the moment you are in the trade it is like there is an alarm bell going of, GET OUT GET OUT, you even moved your target, That is called BAD HABITS in the trading world.
Your clients are not going to learn how to trade but are going to learn all your bad habits.
From what I can see right now this is a 2 man show with one showing the DOM, this guy is just trying to set something up but when in a trade his first concern is getting out of the trade as quickly as possible in case things go wrong, the second guy is there just to tell people, I TOOK THE TRADE BLABLA……, and the stats are based on the outcome from the second guy that is supposedly trading on the background.
Guys this is a total scam and I really don´t believe that people are coming here to congratulate this 2 guys. I think this is all setup by this 2.
Tricia,
I’m happy to explain both how I trade and the tick count..
Yes, you are correct, there is a CL trade where I got a partial fill (2 contracts) and came out at +4 (8 Ticks) and counted a runner..As I have said, I have adjusted how I calculate totals now..If I get no fill then I will not count the trade. Simple as that. So, no dishonesty here, just an adjustment in how I calculate the totals..Fair?
As for how I trade..Seriously, FEAR? You’re funny..I trade LIVE in front of over 120 people this week and you question if I am afraid..I don’t mean to laugh, but come on..
I am a SCALPER!! I make NO bones about that. I trade off short term charts and when price gets to a rejection area and does not react as it should, i.e. quick bounce back to value, I am OUT..From my perspective a small win beats a big loss every time.
If my style is different than yours, I understand..But it’s not fear Tricia..
And what kind of an excuse are you going to give me for the last CL trade that you did not take but it is on the stats?
Trish,
Then you’ll never be satisfied. If it’s not about transparency, then it’s about how the person trades. If you have no problem with the way the person trades, then it would be about something else. This has been about honesty and transparency, and in my opinion Bob and Sandy fit the bill there. But just to continue to nitpick or now bash on one’s trading style serves no purpose.
This is not nitpicking or bash on one´s trading style.
If you have a win loss ratio of 70%, and to get 70% you have to be really a good trader, normal numbers are 50%-65%, with a stop of 7 ticks and a target of 4 ticks you will get +280 ticks for the winners and -210 ticks for the losers so you keep 70ticks or +$700. 100 trades x $5 per round turn is going to be $500 expenses. $700 – $500 = $200. Now if you have to pay for a subscription you end up losing money. Really earning $200 in 100 trades??? JUST WAKE UP.
If someone wants to fall for this scam go ahead.
That may be the case, but that’s for everybody to decide for themselves on following how a person trades. But the point is you started out on transparency, but now that Bob is proven fully transparent, now you’ve started complaining about something else. It’s not a scam just because you don’t agree with their method of trading. Transparency is the scam issue, and they are fully transparent, so no scam. Just because his risk to reward it big doesn’t mean it’s a scam.
But anyway, you choose not to even do a trial, I did one and I will say it’s the best room I have ever been in bar none. If his trading style isn’t sustainable I will say so at that time. But Bob and Sandy are FAR from a scam.
I clearly can see that you are not a costumer but Bob or Sandy just with another name.
From my previous messages:
From what I can see right now this is a 2 man show with one showing the DOM, this guy is just trying to set something up but when in a trade his first concern is getting out of the trade as quickly as possible in case things go wrong, the second guy is there just to tell people, I TOOK THE TRADE BLABLA……, and the stats are based on the outcome from the second guy that is supposedly trading on the background.
Tricia,
“I clearly can see that you are not a costumer but Bob or Sandy just with another name.”
This is proof of what I’m talking about. You’re so outraged now you can’t look at anything objectively. In order for me not to be agreeing with you then I really have to be Bob or Sandy. I can assure you I am a real member. I even sign in as Brian P and you can come in and see for yourself. Heck, if you want to do a trial I’ll even tell Bob to bill me the $5. You just need to give it a fair shake without risk since I’d pay and sim it for the week and see what happens. If you lose sim money because of the calls, then you know not to follow them. But it will be because they made bad calls, not because they are a scammer.
Tom, Trisha, Kenneth…
I understand some of you have been burned, but this is a different room. You’re in a mode now where you’re just looking for the wrong and even finding it when it’s not there. I’ve been in the new room since inception. There is no finagling or deception going on here. DOM in full view with trades called clearly and tick count done honestly. Heck, Bob’s even not going to count a call if he personally didn’t get filled and it’s a winner, and if it doesn’t get filled and is a loser he IS going to count that. He’s bending over backwards trying to satisfy every complaint ever registered against a trading room, and you guys are nitpicking. Why don’t you do a week trial yourself and come in and see?
Tom, as far as ” you would think from the emails, nobody ever showed a DOM before these guys”, I have been in numerous rooms and the best I have seen is basically showing the DOM maybe every once in awhile. If live it’s usually sim. But can’t even think of a sim DOM up all the time. Bob’s is up 100% of the time and it’s live, AND it’s his real account, not sim. What more do you want?
One other thing, it took Bob about the first week or so to get down exactly how he needs to do it by listening to the people in the room. So in a few of the first videos there may be something ‘fishy’ but it wasn’t intentional, just a part of the learning process for Bob on how to be totally transparent.
Anyway, you guys need to get over your hurt (and I totally understand when you spend $9k) and come in for a week on the next trial and see it live, and give Bob an honest look rather than a look that’s tainted by another room. I’ve been around a long time and NEVER seen a room this clear, honest and transparent. And no I’m not a shill. I’m someone who did the week trial and saw how good it was and put up my money to join.
You owe it to yourself to come in and be objective about this if you really would like to trade in a room.
I will certainly check it out, and I will be fair.
Not going to comment further on this thread until after the week trial.
I assume when Emmett is ready, he will start a new thread on the new room.
Tom,
I assure you the only thing you will have to evaluate is whether Bob and Sandy make good calls or not. You will have no issues with transparency and the clarity of calls.
Sorry but every one that has a decent understanding of what trading is can see from there video they have on there website right now from there trade session on 11/05/15 can see that it is the same scam it just continues.
http://www.tradingfuturesinaction.com/#!videos/c903w
The trade that he takes in that video has a great risk reward! getting 4 ticks and risking 7 ticks is a great beginning for a big BANG BANG of your account.
And the last trade were Amico has an order in the market to buy it at 45.13 you can see him closing the order before price hit that level and you hear that other guy screaming I got filled and no sound from Amico, then sound is on again and the excuse was I got no fill. The good answer is I closed all orders before price hit the level! Remember price went to 45.12 so he would got filled at 45.13.
Trading is really not like this guys, there is no shit talking involved and it is really impossible to see a level of resistance or support on every tick of the chart like they do.
its becoming more and more clear: “welcome to the new room ,its exactly like the old room”
Well, you would think from the emails, nobody ever showed a DOM before these guys.
Its great they are showing the trades, but act like its the norm, not like your doing something so revolutionary you’re changing the entire industry.
Someone showed me the email they send out last night. Look like the same blathering bullshit that came out of GTR, only now “We are transparent”.
Congratulations to them. They are changed men and doing it right.
But seeing that email only proves they were completely full of shit before, knew it, but continued anyhow because the money …..
Really folks, it should not be that hard to be truthful. Why this new room feels they have to now boast like they are some kind of born agains, finding their souls , is beyond me. Bob & Sandy, just trade, market your room accordingly , but knock off the god damn sales pitch bullshit how your bringing honesty and transparency to this business. Its sites like this and people who got ripped by places like GTR who brought transparency to the business. And many of the folks you ripped off at GTR were honest people who trusted you.
So for the record, Honesty was always there, you just chose not to use it when with GTR. So transparency & honesty was always available , just none of you trade room clowns use it, and Emmett has completely exposed it for many honest folks.
Just look at the track record, the first trade on the CL from the video he made 4 ticks per contract on the stats total amount 24 ticks!
http://www.tradingfuturesinaction.com/#!blank/ac0sv
http://www.tradingfuturesinaction.com/#!videos/c903w
Then there was that last trade on the CL, no trade was taken BOB canceled his order and on the stats you can see +27 ticks!
If this trade went down there was no trade on the stat, no loser, but it ended up being a winner so just ad it into the stats even if the trade was never taken.
Great the circus goes on and on.
Simple screen shot of Ninja Performance screen for the day would suffice for a total.
I use it all the time. Even tells me my Net with commision.
Sound crazy, but I have more respect for someone willing to post several $5-600 down days than anyone posting nothing but up days …..
Traders know your gonna have stretches of those.
I will have to ask ,
Anyone receiving the daily emails get any about any losing days yet?
Just curious …
I was in room on Monday for morning session and they were down approx. $800 before comm..I could have sworn on 11/10 after the afternoon session the DOM showed +$220 and email I got that night said they made 40 ticks..
Vincent,
That’s because he used a DOM from a different account for the afternoon session. He was fully transparent about what he did that day. There was no email saying he made +40 ticks. It’s better to stick with the actual facts rather than “I could have sworn”. When you are talking about someone’s credibility it’s better to state facts and not assumptions because you can’t remember. Fact check before posting.
Hey Guy’s,
Happy to answer all your comments…
First and foremost..I have sent each trade day video and stats (4 hours per) to Emmett for his review.
Tom, you ask about losing days..As I stated above I had my head handed to me on Monday! Man, nothing like a -72 TICKS! So yes, I have losing days..and NO< I am unafraid to post it for all to see..
As for the trade on CL..The entry was 13..it came to 13 and did not fill me as you can see. My RULE is, I do not take second touches, and when it bounced the first time, I canceled the trade. Yes it came to 12, and no, I did NOT enter the trade. Yes, it was a winner..
Going FORWARD, as per may last email, I will only count trades I GET FILLED ON in the total..Oh, and if i don't get filled, and it's a loser, I will count that!
In addition, we will be adding a brokerage statement and updating. daily.
The last 8 trade day's results are, 7 winning day;s and 1 losing day..Again, Emmett has the video's guy's and I am happy to send to anyone that would like them..
hello, I got member of GTR 12 month ago and tried to copy their trades until my account was empty. In the traderoom I got the feeling that most of the others were successfull… not easy to tell them I have plus 10, plus 20, minus 30 ticks when they all (???) made 70, 90, 130 ticks…
What I learned from Simon: when he tells more than 10 times in one hour that all indices would crash today, this can be used as a contra-indicator 🙂
this week I am trial member in the new room. monday: there was a loss of more than 70 ticks…. and no daily email!
please excuse my bad english
Urs from switzerland
The end game is money.
I always found it amazing if someone can make 10-20k trading, why the hell they even need a trade room or education.
As a person who has spend many thousands on everything from indicators, trade rooms, education, the only thing that has worked is the school of hard knocks. There is no easy way.
Lastly, if you really feel you need to join a trade room, dont pay more than $100-150 /month.
If they really know how to trade, then thats a reasonable price to pay for service rendered.
Its also about the number the person running the room can make enough margin to run the room, make a few bucks, but still have to trade to produce results.
Any fee bigger than that , then the motive is generating revenue from the room and not trading.
I am also being pretty nice saying $100-150 /month too.
Cost of running a room, is so cheap , as the actual overhead is about the cost of 1 monthly membership for most of the rooms out there.
Lastly, use your common sense. I trade for a living, support a family of 4 doing it, and I have no need to charge ridiculous fees to earn money. Over 90% of these trade rooms are nothing but a revenue stream.
They are nothing more then get rich quick schemes with only 10% of the actual peddlers who have something decent to offer.
FML brings up one of the many tricks I have seen these smoke and mirror trading rooms use to seem wildly profitable. The fact is it does not take much manipulation to make a losing trader seem like an amazing winning trader.
I have been in rooms where they do exactly what FML described. After a trade is a loser they say got no fill on that one and then do not count it. Yet on a winner where they got no fill, they say, “well looks like most of the member got fills so that one will counts”.
You can not pick and choose from various traders which trades get counted. You need to show one persons actual results, Period! Yes others might not get the same fill or filled at all, but showing one persons results is the most realistic results you can show. Anything else becomes BS Smoke and Mirrors.
Don’t buy a membership to the room! Don’t do what I did. I’m going to be brutally honest here but Simon doesn’t use market profile the way the rest of the world uses it. Just go read some MP books from Steidylmeyer or Dalton and you’ll have a better grasp on MP than the garbage taught in this room.
They have resorted to directly attacking Emmett on their website blog, Simon has sent out propaganda emails to mitigate this website review, and Sandy and Bob have splintered off to create their own website http://www.tradingfuturesaction.com. STAY AWAY FROM THESE USED CAR SALESMEN!
For further reviews go to Futures.io (formerly BigMikeTrading) where others have written extensively on this room and the verdict is that your 10k can be better spent elsewhere.
I wass crazy and buy the system and Im verry, VERRY mad, becouse is no transparency.
DO N O T BUY this SHIT.
SIMNON show yur doom and you will have the bigest room in the world. I will come back to see………….
By
I have been in the room since the beginning of the year and I am newbie to the trading world. I don’t have any room experience to compare it to but I do know that there are people in this world that feel the need to bitch and complain about everything. To me, it seems like Emmett and Nadina are trying to get their five minutes of fame. You guys are just upset because you guys cant follow the methodology. The calls are very clear and concise and are easily to follow. If your not paying attention, you will miss them. Simon is all about teaching his methodology and teaching traders to become independent traders. It seems like all you guys want are spoon fed trades when it reality Simon is trying to teach you to look for the trades.
I have to say I was really bummed when Bob and sandy left. They made the trade room entertaining lol because they would make jokes and laugh and made the lag between trades not so boring. Bob and Sandy made calls that were clear and I loved that. Sandy was more conservative, which for me was great because I have a small account. I am sad they left but I hope they do well in their new room.
As for Simon and the GTR room, I think “the haters” need to stop hatin and start learning. Its all about learning and evolving as traders. The market is never the same and there are bad days and good days. Everything is a learning process and this business is not a get rich quick type of business.
Reading all of the comments made me angry and I came on to actually blast you guys because I feel like Simon and his room is a good room. I feel he is sincere and really wants to teach, but I decided that I would not stoop to your guys level and I hope that you guys find a room that makes you guys happy. All of us went in to the room with the full knowledge that trading is a risk. If you didn’t know that then your an idiot. Any business takes time to develop and get off the ground. Your gonna lose in the beginning, its just how it is. Trading is very emotional and it takes time.
I have a feeling I will be getting nasty comments but whatever. Thats fine. Someone on here has to stand up for the GTR room.
No one will rip you as that’s your opinion and that is what this site is about.
The issue was not being spoon fed trades, in fact , the trades in the room “Are for our students to learn not to make money”. Those are Simons words not mine.
So if thats the case , then
1. Why keep a tick count?
2. Why boast about all the money made?
3. Why not advertise what great educators they are?
4. Why the weekly trial side show each week?
It appears you learned in that room and it was worth it.
That’s great for you and glad you feel it was money well spent.
For many, they feel violated, ripped off, and lied too.
Its GTR’s fault. They decided to overstate returns, inflate expectations, and over use a Dr. Handley review to line their pockets, not educate people.
Good luck and thanks for your input.
Your need to defend the room is a direct result of you being a “newbie” (your words not mine). You do not know what “good” or “bad” is. You just know what exists.
From me (trading over 4 years and being profitable for the past 2 years) to you, I’m warning you that you will learn some destructive habits in the room. Took me many months of undoing some of the garbage I learned in the room when I was beginning.
Journey further on your trading journey and let’s see if you still agree with your comment a year from now.
Alison, You are either paid by Simon to come on here or a very deluded naive person.
I have 5 years of experience and only Ive started just seeing some consistent results, its been a long hard Journey.
In that time I have tried many methods and many rooms to find consistent results that we all dream of so most of us are very aware of the risks.
Simon Yousef couldn’t give a shit about you , all he cares about is the money, wake up before its too late.
No one hates Simon here I personally couldn’t give a fuck about him, but if I can stop 1 person saving their precious time and hard earned money, then its all good.
Bob & Sandy got sacked because Simons ego is out of control.
Are you a profitable trader yet with Simon? He will say earn why you learn in the trials, then when you sign up he will say don’t trade live until you have learned the method.
Hes full of shit, get out now before its to late.
Alison, I am sure you can proof with your trading account which is already up 200k since the day you started with GTR.
Jon,
Glad you’re in the room..Interesting comment and I’m glad to answer..First, I had a trade pending SHORT and had NO FILL..However, Sandy did as well as the guy sitting next to me..If Sandy, as a moderator and my partner, claims he is filled, and several others in the room as well (some are also trials) then in fairness, it’s a valid trade. I mean, I’m getting my head handed to me today and I’m doing it in front of all of you! It’s a thin day and I can’t control fills, only my calls..Heck, the winner I managed NOT to get!
You’re here all week..Lets see how it goes. But, you have to admit, we are transparent..
There is a major fallacy in your logic. You record fills if 1 of your 200+ minions say they get filled, but you only count your losses. Do you count their losses in your numbers too? Your stats are skewed to the upside through this little trick.
Here’s a brilliant idea, how about you just count what you get filled on and what you get stopped on? You want credit for your trade? Well I’ll bet the other side of your trade that if you didn’t get filled, then 200+ of your minions didn’t get filled either. Track your actual performance rather than being a couch quarterback.
To me that does not look like transparency. For traders trying to profit from trading the track record is the actual performance in the account, not the “could-have, would-have, should-have” trades.
If the calls are at areas with so little liquidity that you aren’t filled, how can a room full of traders expect to be filled on these trades?
If you want to be transparent, show your actual track record, including slippage and commission, so newcomers to your room can get an idea of how your performance are in the real world.
Bob, It doesn’t matter if you have a bad day or week that’s not the issue here.
You cant count ”the guy sitting next to you” or ” someone in the room” on your tick count.
That is not being transparent. If its yours calls then it must be your trades on your DOM only.
Come on man, you can fool some people some time, but you cant fool all the people all the time.
Just ask your buddy Simon.
I sat in Bob and Sandys new Room today, so Im not going to judge the tick count from 1 day.
One thing that strikes me, if they call a trade and it doesn’t get filled but someone in the room says they got filled, they will include that persons say so in their tick count.
I find that odd so the jury’s out.
You can tell it must be starting to hurt Simon Jousef from his most recent email. He both attacks Emmett and then goes on to plead with him to access his room for a re-review as well as claiming he now trades with a DOM on view. Simon – you read this blog – do yourself a favor and man up and come and respond as Bob at least did. You should at the very least acknowledge some of the criticism and use Emmett’s review as constructive criticism.
Dr. Nadina,
What changed with GTR between the time you spent attending several free trials ( I only assume) until now when you are a paid member?
I understand the personnel change but was a DOM or chart trader shown while you were in free trial Tuesdays & not now?
Why are the new people “clowns” as you put it?
Eric
You are absolutely right . Nothing has changed. GTR is the same scum it has ever been. And I did see it on the very first trial. I just convinced myself I must be wrong. Surely someone who says that they make $ 300 000 a year and are verified by Dr Handley must be right and I must be wrong? Surely I do not realize what a good opportunity this is and I had better surrender the money before I lose any more of their wonderful signals? I was stupid and blind. I am in a good company. Apparently there is 284 of us.
DOM/chart trader was indeed never shown and it was as wrong then as it is now. There are a few groups on Dr Handley’s list (like Open Range Trading) that are maximally transparent without showing the DOM. The owner and moderator of Open Range gives calls in advance with entry, targets and stops and there has NEVER been a case of a member complaining that they did not have all the info before the event. I have this on a good authority. Such trade rooms (very few such exist) can be transparent without the DOM or chart trader showing. Go in and record all you want, you want catch them at not being transparent. Same with their performance records, win or lose, they are truthful.
On the subject of clowns: I realize that the two new guys have a difficult job. It is not easy for them. During the session last Friday, first 3 or 4 trades were losing trades. Simon then went on a break. The guys stayed, with the pressure of having to remedy the situation and bring in some positive trades. When Simon came back, one of the guys reported to Simon obediently that he has called an ES trade while Simon was away and this trade has in his own words “made up for the previous losses”. I know for sure that this trade was not called properly but given during analysis as a possible trade suggestion. Now they were counting it in the daily PnL and making sure that Simon new that they have done their job as expected.
Eric please just go and read the chat from the GTR Skype room discussion on Friday. So many members were making valid points. It is clear that people could hardly wait for the chance to be heard on this subject. Many still do not dare to talk publicly in the room but they have sent me messages privately. I am happy for anyone (like Dr Handly) to contact me on Skye and verify that these messages are genuine. And I do not blame people for being afraid after the abuse I got that day from speaking out. A few shills have made sure that they showed everyone exactly what would happen to them as well if they speak out. I copied the chat, it is going to CFTC.
Read Bob’s comments in this forum: ” I have never called ” buy bid” and I never will”. Most of the abusive shills in the GTR chat room adore Bob and are all in his new room. Indeed they were commenting on Bob’s calls during the conversation. If they have a problem with someone being critical of the way GTR works, why do they think Bob does it differently now?
Go for it Nadina… I would bet most of the birds chirping out at you, are either family, relatives, friends, or plants who drown out the naysayers. If you think about it, would not take much to have a few buddies pop in under some dopey names like Johnny Walker, Jim Beam, or Hugh Jackman. They sit in there and pump up the room and attack anyone who questions it. How would anyone know the difference?
I know , I have sat in many trials. Sure it’s 10x worse in the regular room.
There was always someone new who just started and already paid for their membership in 2 weeks.
I have to ask, does it piss members off that there is a trial once a week?
Where is the value for 7k, if one trading day every week is a sales show?
Keep up the good fight.
Sure this thread is giving them nightmares…..
As Nadina says above I can testify in the favor of OpenRangeTrading and Joe Trader.
I am a subscriber since Sept ’14 but no longer participate since I do not like the R/R of the trades, the draw down periods and the long periods in front of the screen. I switched to a scalping system and I conclude my trading day in 30 minutes average per day.
But Joe is the most transparent trading room owner I have ever seen and they are making money. If anybody goes with them my recommendations is to have a minimum 15k for every lot traded since the system does not have a daily loss limit and you may take every single trade showing from 10:30 to 16:00 without second guess.
^This right here (from Nadina) is the truth. The end.
Thanks so much for speaking out about this Nadina. True there are so many silent members who are taken. And it’s true about “abusive shills”. I’ve been in other rooms where the same thing happened. Exactly, Tom, who knows how many of those other members who chirp out are relations or friends. I’m glad people are coming out speaking out about this rarely mentioned underhandedness of trading rooms when it’s fairly common in rooms numbering over 50 to a 1000 members. Warriortrading does the same thing. Too many free chat Mondays that the value of chat membership is undermined. Good point Nadina about GTR’s use of trade suggestions as actual trades. It’s probably all a sim show as usual in these sort of rooms, so it doesn’t matter if the trade was live, or even sim. Just as long as the trade suggestions “make back the losses” to maintain a so called “live” record in order to get the visitors on free days more enticed to sign up and sell 7 to 10k memberships.
If I were to publish the private emails from very upset people, it would make you squirm with sadness. The majority of these people are extremely nice, very embarrassed and simply want to forget about the horrible experience.
People that get hustled in scams are ashamed and embarrassed. The most read quote is, “how could I have fallen for this, it was so obvious”.
Its important to note that even though GTR did hustle quite a few, they are in the junior league in comparison to the frauds that I committed through my boiler room operations. Hundreds of millions of dollars, completely destroyed the financial future of too many to count. None worse than me.
Sorry to hear about this Emmett. I believe most readers who are benefiting from your reviews and the commentary on this site are at least appreciative of the honesty of your story and your attempt at turning things around. I think you mentioned it’s a heavy thing to live with this past in other comments.
At least you weren’t like particular instigators of the global financial meltdown of 2008 some of whom got away with hundreds of millions in severance pay and left the banks in over a trillion in insolvency. And you weren’t the owner of the boiler rooms you worked for. I’ve watched all the episodes of American Greed and usually the ones who get the 20+ years and life sentences are the main instigators and owners of the frauds and ponzis. As for myself I was a fool who wasted 9k on a semi-private mentor I’m still embarrassed to name. I have mentioned a few other vendors I was taken for much smaller change. And I still am wondering if trading and speculating is just legalized gambling sometimes. Take care.
I did a free trial of Open Range and can verify that the trades were all transparent and easy to follow, despite the fact that there was no DOM or Chart Trader being used. However, the moderator does not trade the room signals with real money, and when asked whether it was SIM or not, seemed defensive and launched into a disingenuous long-winded explanation as to why it should not matter whether the moderator is trading SIM or live.
@ Bob SCAM SCAM Amico
are you going to give back the$7000 you stole form Nadina s
and all of the trades that lost they money because of you.
Hi everyone.
I have been a member of the GTR room for about 15 months. Bob Amico was the best trader /moderator of the room ( IMHO). I mostly took his trades that were in the direction of the market. ( i do not like to go counter trend). And on the toughest days to trade (FOMC days) Bob would take his Bang Bang trades to the next level! This guy is the real deal.
i have been watching him live the past year. Give his new room a free trial. You will be impressed with the levels he picks on his 987 tick charts showing Volume Profile with confluence from the Order Flow tool (NOFT).
Oh and by the way Bob and Sandy show their live DOM !
Now this has gotten the tradingschools fraternity attention?? 🙂
Trade safely.
Gid K
After reading the reviews on GTR here in time saved me from getting sucked into that trap .After a week trial in Bob and Sandy’s new room .I have joined them based on the transparency ie Dome is thru out there ,calls are crystal clear .
Don’t join it based on reviews ,come on free trials and see for yourself and be a judge for yourself .They have weekly and not one day trials .
I agree Irms. Don’t take other trader’s word for it. Bob and Sandy have the door wide open if you want to come in and kick the tires. I think you’ll find it refreshing.
What is the name of new Bob trading room?
http://www.tradingfuturesinaction.com/
It’s Bob and Sandy both.
I remember getting bombarded with emails everyday from Bob when at the GTR stating how they ”smashed it out of the park with 1000 pips today …. and your still not a member!
Makes me sick to my stomach that it was all complete salesman bollocks.
I had to unsubscribe as it was doing my head in.
It is certainly great to hear things are fully out in the open. Only thing extremely concerning is if Bob and Sandy really knew what was going on, why did it take this forum to flush out the truth.
Its great Bob & Sandys new venture is wonderful.
I am sure people posting how great it is are loyal to them, helping distance themselves from Simon.
I also hear the same boasting emails are being blasted out everyday, about how they are now bringing honesty and transparency to the trade room business, we did so many ticks, blah blah blah.
Here is more advise Bob and Sandy… If you really want to distance yourselves from GTR, avoid anything that was done when you were there, for instance:
1. Stop the boasting daily emails about how you killed it, and now your transparent.
For those you rooked into GTR, it sounds like the same Con Game and only proves you were not fully transparent when you were there.
2. Be Humble.
Humility is an enormous trait . Even if your room is knocking them dead, do you really think people want it shoved in their face. If the room is great and people like it , the business will grow organically on its own and no level of advertising will help that.
3. Set reasonable expectations of success.
The outlandish claims of success is what has generated the most amount of scrutiny while you were at GTR. Dont double down on that strategy in this venue.
Lastly, be compassionate to people you SOLD membership to at GTR.
If you are really looking to redeem yourself, let anyone you sold a membership to at GTR a 2-3 month trial in your new room. At least you could prove your willing to help get some of their money back.
Outside of that, congrats in leaving., and good luck.
Well said, I second everything you said.
Couldn’t agree more Tom
Oh – and Mr Youseff has refused my request for a refund. He suggests talking to him on Skype and learning his methodology instead. He must be delusional.
After starting the transparency discussion in the GTR Skype room a few days ago (which I am very glad I did) I got excluded from it by Simon. His ex-mate Bob has asked me once to ” ask for help humbly” for which he apologized. Maybe Simon expects me to ask humbly to be put back in? And how will he stop me talking in the trade room in Tuesdays? Will he exclude me from there as well and still keep my $7000? PayPal will have to be informed as well as the CFTC.
Yes he did show his chart trader on Friday after he called the trade ” buy now”. So no entry price in advance. But the chart trader did appear after the call which is an improvement for Simon. Then he spent the rest of the day saying how ” he is trying his best but the methodology really is not compatible with showing the chart trader”. The unbelievably he stated he just missed a profitable trade because ” he was trying to open his chart trade at the same time”. Get ready for more excuses guys. I had to bite my tongue. But I wouldn’t want to be chucked out of two rooms in two days now would I? Even if the idea of PayPal calling Mr Youseff sounds tempting.
During the same session on Friday he and his two new clowns promised us some trading psychology training soon. The room was thrilled.
I have been in the new room with Sandy and Bob for a week now and without reservation this is the best room I’ve been in thus far. The transparency is there, and the calls are working. What more can you ask for?
Its clear now that Simon & Bob are good salesmen. what Simon does is make up his own stupid names for trades to make it sound unique to anything else that is out there.
The suction tube, bang bang, poke poke, The knife trade, price magnet.
No one has heard of these names and they are conned into believing they are special formulas that he has created, when in fact they are just basic trades setups sugar coated to sound different.
I have also witnessed complete fucking idiots in the room that claim to have earned 100’s of pips even when Simon doesn’t.
Complete scam from the start.
It was dramatic in GTR as well yesterday. I am a a fully paid member of GTR like I said above.
There was another Mickey Mouse trading session with the call details getting through after the event. I kept protesting about the lack of transparency in the actual trade room and also in the associated Skype GTR room. I ended up getting booted out form the Skype room for my comments.
At least 6 or 7 members openly supported me in the GTR Skype room and also privately sent me messages that clearly show this scum had long been clear to members. But people do not like to be the pioneer and it is pretty uncomfortable as I discovered. For all those that agreed with me, gave supported arguments and demanded more transparency, there were a few shills that kept putting in dismissive comments like ” this room is for trading, keep your opinions to yourself”. I got advised to ” get a job and get a life” . ( I am a doctor and a trader). The worst shill, a vulgar person with no manners, kept being offensive, using swear words and several times blinded the room with a series of emoticons so no one could see anything. That kind of talk would be banned in here and in any decent forum. It is telling who Simon Youssef’s friends are. Surely even Skype has rules? Simon was conveniently absent for most of this conversation, just so he did not have to read what his own long term members think of him. He arrived in the end, posted a letter about how ” he is CMA so CFTC cannot touch him, how Bob is now posting in this apparently shameful forum and how the whole purpose of this is to damage his sales but he is not worried because his method will never change and that is all that matters”.
His shills continued to provoke me to which I did answer. And then Simon excluded me from the Skype room.
I requested the refund before I file with the CFTC just so I can give then complete information on the case. No response yet. I will keep your posted.
The biggest revelation to me are the comments – in the room and to me privately – of the members that have long thought the same as we do here. This place is sinking. It still survives only on lies, pretense and people’s hesitancy and being too embarrassed to talk.
I have also been in Bob’s room since a week ago Thursday and I can say I believe I have finally found the real deal. All trades are clearly called in advance, and he clearly shows his DOM and manages the trade telling you when to move your stop and where. I’ve been sim trading to check it out, and every trade I have taken I have basically gotten every tick Bob has following his management of the trade. As far as I know there is not another room like it on the internet.
The only ‘worry’ you will have about this room is not transparency. It’s clear as glass. It’s just whether Bob is actually a good trader or not, and from what I’ve seen he and Sandy can almost read the market like a newspaper. I wasn’t able to get all the trades today as I had to leave and come back. I had 4 winners for over 70 ticks and over $800 ‘profit’ on the sim. Almost every tick was taken like Bob called and managed it. There was I think one loss today but it happened while I was gone.
Anyway, if one can evaluate in a week, this is the best room I have ever been in. Bob and Sandy have a good thing going here.
Yep, I am also hearing a lot of positive things. Got a call today from a person speaking highly. Pretty dramatic turn of events, like night to day.
Am waiting to get a couple of weeks of recordings together, then will be publishing the review.
There was a very heated discussion today about transparency in GTR this afternoon. The conversation was both informative and well received by members who have longed for a chance to be heard. The conversation lasted a few hours, and hit all the topics written about in this thread.
With all the thousands of lines of chat, the only response from the man who created Volume Profile Trading was basically , “Emmetts a convicted criminal”, “I created this methodology”, “I been doing it this way since 2005”, and “I really care about my students”.
Well Mr.Pokey Pokey, if you really care about all of your students, perhaps you start doing 3 small things:
1. Show DOM / Chart Trader
2. Screen Shot your Ninja Performance Report at the end of each session(no account info necessary).
3. Stop the Buying Bid / Selling Ask / Market Orders. Your suppose to be an educator and teaching setups, not front running your members.
Doing those 3 simple things would probably take alot of heat off, and show you really care about all of your students, not just the ones who kiss your ass.
I am just a “convicted criminal”? Come on people, I was one of the worst penny stock hustlers, ponzi scheming scoundrels of the entire 1990’s era. Its time I start getting some recognition!!!
LMAO… Yes its seems to be Simons standard answer to anything Emmett .
They also are very quick to site you as a “Moron”, “Fraud” and even “Hitler”.
So you are even getting historic references to your demeanor. It only proves the facts stated on this site struck a nerve and are taking root.
Again thanks for the forum, and keep up the good fight.
I guess it is just my humor, but I found your offense of being called, “Just a Common Criminal” hilarious. How dare they call you a common criminal! This would be like calling Jesse James a common train robber.
http://screencast.com/t/vGJFknI9fm
LOL.
Jon,
I’m no longer with GTR so I no longer have access to anything there..including my paid membership which I was denied..lol
However, I have sent DAILY 4 hour videos to Emmett for his review and constructive comments, and I ASSURE you, EVERY trade has been with a SHOWING DOM! In fact, in an effort to be 100% transparent (Emmett will see it in today’s video) I called a SELL on ES and a LONG on NQ and CL at SPECIFIC areas ( remember, only buy and sell stops).
The ES hit first and I cancelled the other 2..Many members took them but because I did not trade it with a DOM, I did NOT count the totals in my daily record (both winners)..
First of all I have been to over 100 trade rooms in last 7 yrs of trading part time evaluating them.There are so many scammers and rooms that are bogus.I have now gone full time.I have been in Bob Amico’s new room for 5 days.Every trade is traded on a LIVE TRADING ACCOUNT!The DOM is up on every trade and orders are placed well in advance.Not only is the DOM up but he calls and manages the trade on audio and the DOM.Crystal clear transparency! In all the years I have never seen someone trade a LIVE account in front of you!And hes teaching as he goes! After 4 days in room I became a paid member even though i still had time on my trial.This room is the real deal!Dont beleive me.Come in the room and see for yourself!Bob cares about his traders! I have never seen someone go out of his way to help traders as he does!
Lets not forget The so called Dr Handleys Trade Titans have all paid him for their reviews.
Bob, are you willing to show the audited trades reviewed by Dr Handley that you and Simon claim to have made or are you distancing yourself from the GTR now?
I think its a given that Bob would separate himself from a company he resigned from. His new trade room is clear, transparent, easy to follow. You can SEE when a trade is on, and if there is no DOM on the screen, there is no active trade.
Bob
Of all the things that were said in here, the one thing no one suggested is that you or Simon can’t trade. Only that people cannot physically follow you so as a consequence they get scammed and cheated. One may be tempted to ask why you needed to take $ 10 000 per person off people if you are doing so well in your own trading but still no one questioned your or Simon’s trading ability. Just the morals.
In the light of the sinking ship situation and the clear evidence submitted here by so many people, let’s see how long GTR will be able to remain on The Titans list. How long will they be able to justify it? The Titan principle is to be able to follow the trades without knowing the methodology – remember? Like many people I paid for Dean Handley’s advice and I thought him an honest individual. Watch this space.
Dear Nadina, have you ever hear about a Nigerian scam? The one which involves an outrageous proposition that you first pay a substantial amount of money to some unknown Nigerian guy and then become a zillionaire? I always wondered who in his right mind might accept this obvious set up by a crook? But here is a deal. The whole concept is based on vetting (they send out ten of thousands emails) – finding either an extremely a stupid or – PLEASE ATTENTION, Nadina – greedy person. You are not stupid judging by your posts. But you excellently fall into the second category. I’m sure a lot of people observed what Simon and Co. were doing and correctly decided to bypass their offer. What I found missing in your posts is that never even for a second you had entertained an idea that you should ONLY blame yourself. And if Bob, for whatever reason, is trying to seek his personal redemption, you are not following his suit.
Max
Of course I blame myself. Look at my post from 8 November further down:
“GTR is the same scum it has ever been. And I did see it on the very first trial. I just convinced myself I must be wrong. Surely someone who says that they make $ 300 000 a year and are verified by Dr Handley must be right and I must be wrong? Surely I do not realize what a good opportunity this is and I had better surrender the money before I lose any more of their wonderful signals? I was stupid and blind. I am in a good company. Apparently there is 284 of us.”
So you have just ventured an opinion on 284 of us . I take it we actually agree that GTR is scam?
I ‘ll tell you what I will do. I will open a shop and sell empty boxes for $ 7000. When people ask me why I am selling empty boxes for so much money, I will promise them that by the time they get home there will be $ 40 000 in the box. When they come back with the same empty box and ask for their money back, I will tell them it is their own greed and stupidity that took their money and they should quite rightly suffer for it. I will have only one problem: the regulators will have got to me by then.
Max
I forgot to say:
Bob Amico has taken money off people for false claims, I have not. You compare my “redemption” to his? You sure you are not one of those shills who relocated to Bob’s room?
Good points Nadina. He’s probably a shill trying to make a case about being greedy. Well which is the more greedy, the fooled customer who was told they could learn how to trade and be consistent, or the vendor who is pulling off a scam , knowingly compromising themselves in the greed for subscription profits of $7k to $10k each. You said 284 members. Assuming 84 are plants, that’s still over a million in profits not including “churning” of new members every few months. Going for 4 ticks profits them fumbling about on entries and such and ambiguous “results” reported shows signs of lack of actual trading.
Bob
You have had some calls to contrition above. I am afraid it is not over yet.
1. What makes you think I would want education from you or anyone from GTR? Education on what? Market profile? Market profile is not tradable by itself. It divides market into areas – then you have to have a set up for an entry.That was my biggest problem in GTR room. There is no defined set up for an entry that one can learn, not even the direction (other than BANG BANG which is an indicator not a set up but it tells you where to enter and incredulously one needed to pay an additional $ 100 for that indicator after paying $ 7000 for the room). After watching all the videos, hours and hours of going around the houses and jumping from subject to subject, I was none the wiser on the subject of an entry. Trading should be SIMPLE. Mystifying and complicating it usually has ulterior motives. This is the sole reason why the room never knows or can predict Simon trades but depends on his calls that come in the form of “ buy bid” or “buy now” without any advance mention of an entry price whatsoever. That information comes after you have entered the trade. “ What price did you get guys?” Well probably 2-3 ticks worse than yours Simon. So what would you like to teach me Bob? The set up that does not exist? In my own trading I am using a very logical breakout stair-step entry set up and I do not think a better one exists.
2. When I complained to you about what goes on in GTR you, once you had my money you treated me probably just as you treated anyone else who complained. I initially did a few Tuesday trials, the first one was disastrous (I wish I left then) the second one was a good day with obliging market so even GTR managed to look good. And under the influence of the GTR advertising machine ( “ we made 300 000 ticks last year”) I stupidly signed up. I soon realised what I had done. Many comments have been made here about Simon’s trading. Your trade calls – I grant you – are given mainly in advance as you use Bang Bang. But then your first target is supposed to be 5 ticks and stop to BE. This is the deal unless you say so in advance . Except when the trade wasn’t doing so well you would just say after the event “ guys I am out with +4”. Really? By the time it took to say that, everyone else’s price was at the level of BE and they did not move their stop to BE yet as the plan was to move it at 5 ticks profit. So they lost while you won. As you were not showing your DOM you could easily do this. Even if you WERE showing it you were supposed to give a change of target in advance, not after the event. A lot of people have been writing about these practices here, I don’t want to waste any more time on it. Except to say it is dishonest and you have done it. And worse, when I emailed you about it you treated me with patronising ridicule and disdain. Apparently I was “ stubborn, unreasonable and unwilling to either listen or ask for help”. You invited me to “ humbly ask” . I certainly gave you the answer you deserved. I could easily post all the emails here.
This is a big day. There are not many days that injustice is defeated and this is such a day as I have found this page. So I have one question for you Bob: Are you sorry? Now that it is clear that everything you defended before is rubbish and BS and all the lies have been exposed – do you apologize unreservedly?
More importantly, are you going to refund her the money she paid you?
Nadina,
In no way am I suggesting you don’t have valid points..However, the same profile and order flow are how I trade and as for the methodology, I will defend that. It’s how I trade and it produces day in and day and day out ( I have sent daily video to Emmett with a DOM).
I will say this..I can understand how it would be difficult to follow my trades as a scalper sans a DOM..As I watch order flow as well, my trades take on a different dynamic when price fails to move quickly to my target. That said, without a DOM and only verbal ques, yes, it can be difficult.
Simon is a VERY GOOD trader..make no bones about that. The man can trade..Again, following his calls are all but impossible and quite honestly, I rarely took a call of his UNLESS I saw the trade myself. As you, and others, have pointed out, who knows where he got filled.
What I am offering you, if you wish, is to work with you ( I am still working with many from the GTR) on the methodology and how to trade it. IN addition, as you are in London, Sandy will gladly sit with you and work with you (FREE) if you wish.
I will certainly offer an apology, here publicly, for the way I may have made you feel. I do NOT always act in a way congruent with my faith and beliefs. I would ask you to forgive ME for that.
Going forward, I will assist you in any way I can and it is I that do so humbly.
See what a scammer you are now Emmitt.
Moderate those comments and keep the discussion to your advantage.
You chase transparency and then hide it on your own site. Your a joke.
Lighten up, man. His explanation about first-comment moderation seems reasonable to me.
Guy’s,
I’m compelled to answer this particular email as Nadina has brought my name into this. First, I will ONLY defend MY trade calls. My calls are now and have been, buy and or sell stop LIMITS. I have never once uttered, “BUY BID, SELL ASK.” Never. I never will.
As for my taking the customer list of GTR..No, I would not do that. What I did do was upload my contact list from my personal GMAIL account so if anyone has emailed me (dentist, etc.) they are in the list.
If Nadina would like 1 on 1 education via Skype, FREE, I am more than happy to do that and will see to it you get the education you paid for.
I will do all I can for ANYONE that joined and is having a hard time either understanding the methodology. Simply contact me..
Bob
Why don’t you give her the money back instead?
Your comment is awaiting moderation.
Why is Emmitt moderating comments? Want to be sure it only says what you want it to say instead of just letting people voice their own opinions?
The guy who claims to be on a quest for transparency, moderates the comments. That makes sense.
Hi Joe,
Only the first comment is moderated. Once the first comment is approved, then you are free to post whatever you like. Why do this? A few months ago, I had a Jew hater that attacked Timothy Sykes (and I am no fan of Sykes), and it got very ugly.
Then I had a guy write a pornographic message to the lady at The Stock Swooth, Melissa Armo. Really offensive and descriptive sexual stuff.
Sometimes folks read a negative review and they feel like they can piggy back and pile on. Which is OK, as long as its related to the topic. And another thing, I am not looking to make life long enemies with the trading vendor community, rather I am trying to induce change.
Emmett
I see your response and I apologize for jumping the gun.
I see no way to delete my own posts, like the one below.
I retract.
Seems obvious why the two guys would abandon ship at GTR.
When the CFTC came calling, they realized they were on the hook to have to tell the truth about the practices at GTR or face prosecution. I would have loved to be a fly on the wall in that meeting as they were told that the plan was to commit perjury and try to lie their way out of the obvious.
How two scammers leave one place, claim to be something new and all is forgotten, is beyond me. As evidenced by Emmitt himself, once a scammer, always a scammer.
Anyone falling for overnight redemption, is a fool.
I don’t care if they want to do it right now, they should have done it right from the beginning. How much money did these scammers take from GTR clients before venturing out on their own?
I have not heard them admit that GTR is a scam. I have not heard they are giving the money back to the people they helped GTR scam. All I have heard is that they got caught and want to try again under a new name.
Joe,
I am unaware of any investigation by the CFTC or any other. Sandy was fired by Simon for simple misgivings such as leaving his mic on while eating (No, SERIOUSLY!) and having his Skype constantly show up on the screen..Again, seriously. After Sandy left I was told, UNEQUIVOCALLY to only call my “Bang Bang” trades (range break trades, on the half hour, top of the hour or coinciding with news, hence making me a swing trader, which i am NOT!
My issue there was also personal, though many. In sum and substance I was given an ultimatum and decided I would leave. I DID NOT resign via Skype (as had previously been posted) but I DID say goodbye in the member Skype.
If you knew the law then you would KNOW that even being gone, were I to have to testify in any civil litigation (or criminal) I would STILL be obligated to do so. My leaving has no bearing on that.
So, there was no “caught” as you say..
I am a paid member ( $ 7000 a supposed discount). I have spent the last few months corresponding with the room owners and pointing out lack of transparency and Mickey Mouse trade calls ( buy bid, buy now, no entry price). All I got was abuse.
In response to Tom’s entry above , I was in the trade room yesterday ( 3 November) as well – under the name NS, you may have seen my comment is the chat. It was a Tuesday trial and I tried to point out my experience for the potential members who will lose money. I said that GTR’s published performance is an absolute joke, no trade details, just number of ticks, ie : Simon 54, Bob 28. A few of the room members immediately started defending Simon and the room and I was singled out as the only one who has a problem with them. This always happens when I make a comment in there. There are a few staunch defenders who simply gag me.
Please do not forget: Bob Amico may have taken the mailing list with him from GTR when he left and is now emailing all GTR members about his new room and the apparent transparency he will introduce. But it was Bob who defended GTR while it suited his pocket ( he was a sales manager) , claimed they were great and infallible and transparent and sent me some of the most abusive emails I am ever likely to get when I said they were scum.
I was told yesterday in the room that I am the only one who has a problem with that room. I see now there are hundreds of us. Maybe Simon should read this page. I am so glad I found you guys. And I hope investigation will produce some results
Hi Nadina,
Glad that you took the time to share your story. It is really important that people like yourself have a venue to express themselves.
Hope to read more of your comments in the future.
Emmett
Nadina is right on all counts.
Nadina,
I had much the same experiences when calling them out as did so many, even members. I know members who been banned from their Skype chat because they refuse to answer to complaints.
As for the people who defend them, that is complete bullshit and they are either friends, relatives or even fake users created by the room to justify the con game. Its also an easy way for them to justify you being disruptive and them banning you. The guy is a scumbag , egomaniac who made a fortune finding clever ways to market himself as a trading genius in a time when there was little transparency in 2005. He took open source software from a developer GOM , which is free with a membership to Big Mikes, and spun it as though he found some secret way to trade profile using High and Low volume nodes. The biggest scam is that members where told to join Big Mikes and download the GOM , after paying for membership . Utter lunacy. the man did not have a software package or anything for 10K. I hear now Gom is on staff, but sure that is more of an insurance policy at this point since he basically pirated the guys software and peddled his trading style as if it was his own.
Nadina, you are certainly not alone. And please spread the word to other members who feel the same. The more people that know about this dirtbag the better.
Thanks for sharing you thoughts.
Having sat in on multiple free trials of GTR (Including today), I can offer some observations.
While watching Bob and Sandy trade, for the most part, their calls were made in advance (Bob’s calls almost always were), except for the odd time when a trade developed fast and they had to wing it. Other than that, the exact entry levels were almost always called (some of the entry levels/calls were from 30 minutes earlier, and we had to wait until price got to the entry level, but the calls were made). Bob in particular has a specific ATM that he uses with a set amount of ticks for a stop loss, a set amount of ticks as first target, and a set amount of ticks for second target – unless he adjusted these before or during a trade, the default assumption was that his default stop loss and default profit targets would apply to each trade.
Although my opinion differs from Emmett on Bob and Sandy’s trade calls being relatively clear, I do agree with Emmett on the issue of limit orders. The problem with scalping for 3 or 4 ticks is that if you want to emulate all of the trades, you have to get in at the price that the trades were called at. For a good chunk of the trades that Sandy and Bob call, price will only touch the entry point, and not pass through it. As a result, some (if not most) of the followers in the room won’t get filled – even Bob doesn’t get filled on some of the trades he calls, even though price touches the entry point. In a way, calling a trade “to the tick” (as Bob would sometimes boast about) may not be the best way to get all of the followers into the trade – it would actually be better if a trade caller had the ability to call the entry point 1 tick before the turning point, that way, price would pass through the entry price by a tick, and everyone would get filled. On the other hand, every follower in the room participates in any losing trade, since price does pass through the entry point (which means everyone gets filled), and continues in the wrong direction until the whole room is stopped out. So when looking at tick count and/or Win/Loss record, one has to be aware that they will miss out on a lot of the winning trades, and more than likely participate in all losing trades – this shines a whole new light on the feasibility of some trade calling rooms, even ones that have a profitable historical record.
Regarding the issue of whether Bob and Sandy are trading real money and taking the trades that they call, I’m not 100% sure, but my gut feeling is that they are taking these trades. On rare occasions in the past in the GTR, I have seen Bob’s DOM, although I didn’t care enough at the time to check to see if it was live or sim. Again, this is just my gut feeling, but I suspect I am right.
And Emmett, if you didn’t find Bob and Sandy’s calls clear, you should sit in on a Simon session – his are considerably more murky. In Simon’s defense, he usually gives lines (or ‘levels’ as he calls them) where he expects price to turn. I think there is some degree of value to these levels that he gives, but anyone can give a level – the trick is to be able to spell out a specific entry/exit strategy to utilize these levels, and Simon doesn’t do that. If Simon had a default strategy such as buying at every support level that he gives you, and selling at every resistance level that he gives you, then you would know the exact price to enter into a trade and could quantify his results. Unfortunately, that doesn’t happen. When price approaches one of Simon’s levels, he seems to be watching price action and how the volume profile is building (it’s quite nebulous, and I’m still not exactly sure what it is that he’s actually doing). Some of the time, after looking into his price action / volume profile crystal ball, he’ll end up not taking any trade at all at that particular level. Other times he’ll look for awhile, then say “Buy Bid / Buy Market / Sell Ask / BuyBuyBuyBuy” (whatever the case may be), which leaves followers scrambling to get into the trade, all the while not knowing exactly what the entry point is because Simon NEVER tells you the exact entry point until after he himself has gotten filled and is already in the trade. Because of this, followers of his are usually filled at a worse price (by 2-3 ticks usually) than Simon got. Once he’s in a trade, he’s fairly clear about his stop loss, where it is and if he’s moving it, but his profit targets are often unclear and will constantly change (he will tell you the profit target right off the bat, but will often change it during the trade, often several times, so you’d best pay attention). What starts out as a Swing Trade (as per Simon’s initial call), usually ends up as a 3-5 tick scalp attempt, with the runner being stopped out.
Does Simon trade real money? The answer, in my mind, is Yes – but that’s not necessarily a good thing, because Simon is front-running the room. It all starts by Simon giving you his Levels (price levels to anticipate turning points). Then as price approaches these Levels, the followers in the room prepare to take a trade – but they don’t actually take the trade until Simon tells them to, so they don’t know beforehand what the entry price is, and cannot enter an order until Simon tells them it’s time. This allows Simon to find an entry price that HE likes, and enter the trade. As soon as Simon is in, Simon screams BuyBuyBuy, but doesn’t give a specific price. Anarchy ensues, and the followers start buying at varying prices. Since a good chunk of Simon’s trades are in markets with lighter volume such as the NQ, this surge of buying by the GTR followers causes a sudden rise in price, which often/usually takes the price high enough so that Simon can get out at first target on HIS trade (sometimes he’s probably achieving first target at the same time that some of his followers are getting into the trade). This allows Simon to make real profits for himself, and allows him to legitimize (in his own mind) how he can claim that the GTR room makes so many ticks each day – all the while, the reality being that most of his followers are having a losing day. Sometimes I think Simon doesn’t even realize he’s front-running the room, and that most of his followers are losing – but he must realize it, mustn’t he? And for this service, he only charges $9,800.
I recorded a ton of video on that room. The biggest offender of Limit IN Limit OUT screaming was Sandy. Bob was actually pretty honest in his calls. Bob was the sales guy, and to his credit, he is a very good salesman. He made some really bold claims that I certainly had fun with.
I am hoping that the new room is kept clean and transparent.
Jake you nailed it on the head. Simon is absolutely front running the room and been doing it so long he most likely does not even realize it . It’s like his ego is so enormous , he is unable to comprehend its sleazy.
Their trial today was a joke. He was pulling that buy bid bullshit on GC , saying swing long, then was talking about averaging in on it if it continued down. Crazy as I remember him being pretty animate about how they did not do that in his trade room. There were also several drones piping in, that “They were killing it , way to go Simon” . Not sure how they were killing it , there were not that many good trades. No doubt they were fake users used to create drama. Another amazing thing, is why the free trial once a week? Most rooms do 1 week stuff , then if you dont like it you dont sign up. This guy feels the need to peddle his bullshit every Tuesday. Members have to be pissed having to sit through a trial sideshow act every week.
And Jake your right. Simon will trade light markets like NQ, YM, TF because a room his size can push the market for 3-4 ticks . Maybe a reason he never trades the ES. Ain’t nobody moving that thing, too much liquidity.
You will also find , if Simon starts getting his ass handed to him on CL, he will switch quickly to NQ, TF, or YM. WIth any of those markets, its impossible to get filled as consistently as he does BUYING BID, or SELLING ASK. If he showed his DOM, you’d probably see he already in the trade before he called it , hence why he won’t show it .
As for Bob, he may have been bold, but he did tell you, I’m going short at or long at blah blah blah. Often times , Simon would squash the trade call and say, dont take that trade.
For now, GTR remains a con game with absolutely no effort toward cleaning up their act.
We have a new room with Bob & Sandy who really look like they are trying to be transparent . That’s all anyone can ask of a trade room. Let’s give them a chance.
It appears Bob & Sandy are looking to separate themselves from GTR , which does sound very promising.
Give them a chance to get rated on their own and a whole new thread can get started hopefully on a good note.
There are plenty of ethical issues outstanding during their tenure at GTR, however.
As someone who has been very critical of GTR, I’m willing to give them credit for leaving and getting away from that circus. Everyone needs to understand that we all have done things we regret whether it be for love, money or love of money.
Good luck Bob & Sandy and again, you did yourselves and your souls justice for leaving that side show.
Yes Bob – that is fair. I’m going to draw a line under my criticism / skepticism for now. I wish you all the best in the new venture and look forward to both visiting the room in due course and reading any new review from Emmett.
Joe, and others that have taken the time to ask questions or voice opinions, I thank each of you for responding and offering constructive criticism. I also thank you in advance, for any other issues you may have. Sandy and I wish to have a place that allows for traders OF ALL LEVELS to come in, feel welcome, be treated fairly and not only trade but understand why trades are taken (win or lose).
I am always available either here publicly or via my email and will answer humbly and respectfully any question you all have.
I thank you for your last comment Joe..
Bob
Emmett and those that have posted here..Today was the OFFICIAL opening of our room and the entire 4 hours are taped with the whole segment showing a DOM..Emmett, how do I send this to you and or allow you to post?
For the record, 6 trades, 5 winners..Again, ALL RECORDED with a DOM
Thanks guy’s
All I can say is impressive! What a positive change.
Video files are a real pain to work with because of the size. I recommend uploading and storing on Amazon cloud. Its dirt cheap and easy to use. This way I can grab the video, clip out the trades via camtasia, create a video, and write a review. Can you get me two weeks of live trading?
Emmett
emmett@tradingschools.org
Bob,
What possible law could showing your trading DOM violate? The law was designed to stop fraud! It was intended to stop con artist from making wild unsubstantiated claims or worst showing all their winners while somehow forgetting about their losers. But showing your trading DOM while live trading or even Sim trading as long as you state such, I can not see how that violates any law. Of course you always have to give the Your results might vary disclosure.
If someone says showing your trading DOM violates a law I want you to post that law with all the information so I can see it.
My question is if you are scalping oil for a few ticks and have a room of 100 people making the same trade with multiple contracts just seems like their would be adverse effect with greater slippage and many not getting the fills. Any comments regarding that aspect.
Rob, you ask some good questions..On first blush my attorney suggested this COULD constitute acting in the capacity of an unregistered rep. Now, to be clear, even he had no idea simply because he’s not sure there is any jurisdictional overview. IF there comes a written opinion that does NOT allow, I will PUBLISH that. If we get an opinion that we can LEGALLY show a DOM, we will.
Remember, the DOM does not show all the ZEROS for actual contracts being offered or bid for at a price, BUT, irrespective of say 100 people in any 1 room, you have 1000,s globally trading, hence slippage. I personally have my DOM set to a 1 tick offset. I get either my LIMIT OR, 1 tick..OR no fill..I suggest this to anyone that trades as a thin or wild market can result in large slippage.
As for Joe’s question..Since I only use BUY and SELL STOP LIMITS any trade I take and any call I make are known in advance. To further address your concern of my income gap..I would suggest that couldn’t be further from the truth. I understand peoples skepticism, especially in light of past experiences but I suggest that you should sit with us or a week straight. In the end you will have your answers..If I can trade that becomes evident. If I can’t, well then that too becomes obvious..Fair?
I Gotta say Emmet I’m so glad I came across your review site, Someone posting on Futures io ( Big mikes trade forum ) is how I noticed it.
It gives me great pleasure to say my piece and share my experiences while possibly help someone form making the mistakes I made and saving valuable time and money on these trade rooms.
It doesn’t matter what people try to drag up about your past, its irrelevant.
I can assure you I have been no angel in the past and I’m sure most people can relate to that.
To me, I see good honest reviews and the trade rooms that are trying to slander your name are bitter that you have exposed them as cheats.
This offer from Bob is also irrelevant, as I’m sure you would have reviewed it anyway.
The only way anyone could trust a trade room is to see their Live trades, the Dom or trades on the charts and also Trade history.
Anyone can call out areas with a few years experience, that’s the easy part, the hard part is capitalizing and trading those areas consistently profitable, and I did not see that in the GTR with anyone there, especially Bob and Sandy.
So tell me Bob, what has changed in a few weeks???
Guy’s,
Lets start with this..I did NOT run any trade room prior to what will be the opening of the room with Sandy. I WAS a moderator and yes, I did do the sales for the room.
As for my style of trading..Guy’s, I make NO EXCUSES, I am a SCALPER!!! If that means I trade 3 contracts for a NET TOTAL of 12 ticks..so? I have never claimed to be a swing trader and truth be told, have no interest.
Now, I believe that few call trades, IN ADVANCE, like Sandy and I do. In fact, some of you seem to have a contact inside GTR..ask them.
Like Emmett, we too are trying to bring both TRANSPARENCY and LEGITIMACY to this business.
Emmett, please contact me direct and we can work the details..
Bob, As I asked earlier, Is the new room going to be fully transparent with Live real Trades shown on the Dom or charts and will you show your trade records for proof of the fills you say you are getting ?
Hereit is how they intend to manage this “DOM” request as per received email from them:
“4) Will you show a DOM?
This is the most common question..The answer is, we would like to. Yes, that is vague however, so is my current understanding of the law. We have hired a securities attorney to ascertain the law as it applies to showing either a LIVE or SIM DOM and once we have an answer and we are protected, we will move forward. Again, since we trade with SPECIFIC numbers, the calls are clear anyhow! “
Jon,
Our intent is to show a DOM, yes. As pointed out by Christian in my email, we are awaiting a WRITTEN opinion from our attorney. While I realize there are a few rooms that show a DOM, I have no idea if they are acting in a capacity that MAY violate any law..
Again, I am not EVADING the issue and if deemed legal, then YES, we will.
In addition, we will not only show TIME a trade was entered, we will also show STOP, 1st targets and final target. Again, in an effort to be more transparent.
Guy’s, we are TRYING and I am open to suggestions..
If you are so good at calling trades in advance, how do you explain the video of yours and Simons calls Emmett posted as part of his review? Was this a bad day out of the norm? , because any fair minded person would say those calls were anything but easy to follow , transparent or clear….
I’m all for giving people a fair second chance but at some point you have to acknowledge that your calls in GTR and all the other hyped BS about verifiable calls were well short of fair expectations. Seems to me your main concern here is to get another room up and running as soon as possible to fill in an income gap now you have left GTR. I won’t even start to wonder why someone who claims they make c30k a month of their own calls needs a trading room to make more cash…..
Completely agree with Christian. I too attended a fair few of the trial days and they were a total sham as reported by Emmett’s review. Bob – you ran a fraud service , your claims at having 100% verifiable trades was utter BS and many traders lost or wasted money on the back of your lies. It would be nice to hear a bit of contrition before you try another route to get back in the game. . You have much work to do to convince readers that you’re an honest reformed man selling a decent product.
I was in the GTR room few times, on trial days every time hoping for better. I wrote my impressions on this site before this thread was started but can’t remember now in which thread.
The impressions are still vivid in my memory since it seems to me a sinister joke for someone asking 10k USD upfront payment: 3 guys calling scalping trades, on 3 different methods many times talking all together. Only one screen was shared with participants but even on this single one no trades were shown in a way or an other (not even talking about live trades, which could be easy since they were using NinjaTrader).
When I complained to the moderator that “this is a chaos” he replay I will “get used to with time”.
AT the final of the day they put a total of the P/L on the GTR site but wasn’t able to fit it with my own calculation (I didn’t trade, not even demo, but tried to log the trades they called)
For me was really hilarious their claims about what great traders they are and why they deserve 10k USD but I am not so sure about those who payed the fee.
So,IMHO these 2 “runaway” guys can not benefit of the presumption of innocence.
The full email message from the runaway guys:
Trading Futures In Action
Traders,
Bob “Bang Bang” Amico and Sandy Sehgal, former head traders for the GTR Room and 2/3 of the team that once formed the #1 trade room in the industry have now formed their own LIVE trade call room! Our room will open soon and you are all invited to come watch Bob and Sandy Scalp and call LIVE trades as you have become used to seeing!
Trading both PROFILE and ORDER FLOW we will both show, and trade, with an exact precisness to entry, stops and targets..
Remember, we are SCALPERS and if that is your style then come trade with us..
We will be offering MONTHLY memberships for $349.00 per..
Our website will be up and running VERY SOON!
Remember, the room opens soon!
The room was open today for about 23 people and these are the trades taken:
1) 8:29am SOLD EURO (6E)…1.1037……+17
2) 8:32am LONG CRUDE (CL)..45.96……+15
3) 8:36am LONG CRUDE (CL)..44.88……+18
4) 9:21am LONG CRUDE (CL)..45.79……+18
5) 9:26am SHORT EURO (6E)..1.029…….-21
6) 9:39am SHORT CRUDE (CL)..45.99….+18
7) 10:01am LONG CRUDE (CL)..45.67….+7
8) 10:34am LONG CRUDE (CL)…45.91…..+19
Totals….
7 WINNERS
1 LOSER
TOTAL TICKS….91
Regards,
Bob “Bang Bang” Amico & Sandy Sehgal
bob.tradingfuturesinaction@gmail.com
770-715-3883770-715-3883
Skype: bobamico055
11060 Alpharetta Highway
Suite 120
Roswell, GA 30076
Guy’s,
This is the second request to post here..I am offering Mr. Moore the chance to sit in our room for a minimum of 1 week. He can record the sessions, as we do, and will. In addition, we will supply Mr. Moore with our recording and he can match against his own.
I will also give Mr. Moore both moderator abilities and he can freely ask questions of me, Sandy or the members.
And I have no response nor does my post appear!
Regards,
Bob Amico
Hi Bob,
Glad you reached out. I would love to review your new room. Contrary to the nasty tone of my prior review, I am not looking to make lifelong enemies. Rather, am looking to bring transparency and change to an industry that sorely needs it.
Look forward to meeting you inside of your trading room. Before I publish a review, will give you guys plenty of opportunity to read the rough draft and address any potential points of conflict.
Emmett
So Bob,
Are you saying this will not just be another smoke and mirrors trading room like GTR. You will not be making a bunch of murky calls and claiming great wins no matter which direction the market goes, while anyone that actual took the trades loses money?
Let me get this straight, are you saying you are going to show your entry, your stop loss and your target all prior to the trade being executed and show accurate accounting of those trades?
Or are you really foolish enough to believe Emmett can be suckered into a bunch of BS calls like your buddy Dean? Maybe your hope is Emmett will be asleep at the switch that week.
Just curious which direction your trade room will be: 1) Smoke and Mirrors or 2) Honest clearly shown trading calls. If you do the latter you will have what is close to a monopoly as you can get in this business.
And if you are doing the latter; invite us all in for a one week free trial. Heck I will give your trading room a fair chance and make sim trades based on your calls. But I warn you; I make Emmett look as sweet as honey compared to what I will post if this is another complete GTR Smoke and Mirrors BS trading Room!!
All I am asking for is a trading DOM. Heck, even a sim account with clean signals gets a good review.
Of course, everyone wants a live account. But lets just start moving in the right direction.
Hey, even I got of prison. Everyone deserves a another chance.
Bob,
First as long as you state you are a scalper I do not think anyone has an issue with that. It is honesty people have an issue with. I am glad to hear you say you are going to bring transparency to this trading room, but being you are from that Smoke and Mirrors trading room I cannot help but wonder if you actually know what transparency is so I will show you the difference.
Transparent Trading Call Example:
Prior to the price reaching $45.00; you say, “I am going long at $45.00. My target is 04 When it reach 04 I will move my stop loss to BE. So either I get a fill or BE if price moves 4 ticks in my direction”.
Then you show the trade and the results; slippage and actual fills shown.
Non Transparent Trading Call Example:
“Thinking this area around $45 is interesting”.
Price then pass $45 goes up 4 ticks and slams down and you say
“Well got 4 ticks on that one” even though the sales and times window shows virtually no fill at the exit price.
See in the non Transparent trade, it was never clear you went long until afterwards and you never stated you were going for 4 ticks until afterwards. So basically if it goes up 100 ticks you take credit or what ever it does you can take credit. That is the current GTR model of Transparency.
So the real question, What is your Transparency model?
And again invite all of us for that one week trial so we can evaluate your trading room. Heck I will record it and put my trades over your trading calls so all can see. Just need to get Emmett to allow video uploads.
Rob,
I wholeheartedly agree with you..Anyone that knows how I trade would KNOW, I ONLY..read, ONLY, use BUY and SELL stop LIMITS! I give my entries REPEATEDLY, especially as price approaches the entry. In addition, I go to break even after 1st target out..I then NARRATE where my stop is TICK BY TICK..
I do not yell “buy bid” “sell ask”. For what its worth, I was a member in over 10 rooms long ago..I have tried to right what I saw as wrong, much like many of you.
I’m on this site, REQUESTING that Emmett review us, not because he would have anyhow (as Jon suggested) but because we offer something that few do and we are PROUD of it.
As Jon has pointed out, Sandy and I will be opening our trade call room very soon. We would like to invite Mr. Moore to sit in with us for a minimum of 1 week. In addition, we tape every session and we will supply Mr. Moore with the 4 hour tape to review as well. I simply ask that Mr. Moore contact me personally.
Regards,
Bob “Bang Bang” Amico
Man, this is like fighting the Hydra. Cut off one head and two grow back.
http://screencast.com/t/bxKlx1kHzfMT
One man is not enough I think Emmett will have to team up with Hercules.
New scam alert, Just had the email form Bob bang bang Amico about his new trade room, Trading futures in action
Him and Sandy Seghal have set up on their own after jumping the sinking ship known as the GTR trade room.
The email is his usual sales bullshit form him, how they are the best traders in the world and you can join them very soon.
Emmett please do everyone a favor and expose these rats.
These arsholes annoy me, trading is hard enough as it is without these people wasting our money and time.
http://globaltraderoom.com/get-funded/
MES Capital Ltd
Very fishy, I can’t find a website for them, but many pipping them.
How funny that Bob bang bang Amico has jumped the sinking ship.
He must of been rattled by the negative reviews and realized his days are numbered.
Sandy has left the building as well. The ship is sinking fast.
Anyone else get the email from the new Sales guy ‘Coop’ ?…
Coop – let me give you some quick advice; you guys are on the run with GTR hurtling towards oblivion now that the word is out that GTR is ONE BIG FRAUD. I don’t want any more emails offering free trials until you have taken a long look into your darkened soul and decide to treat prospective members with the respect we deserve- namely on chart or DOM trade calls, proper and accurate reporting and a fair monthly fee. And while you’re at it take down all that Dean Handley endorsement crap; that Titan shit counts for nothing now the truth is out.
Global Trade Reck in complete turmoil.
Apparently Bob, one of the trade callers and Sales Manager, resigned in Skype to all the members yesterday.
What a way to leave a job.
“Oh hey Go Long Crude at 45.50 and by the way FUCK YOU Simon, I quit “.
Things must have been pretty ugly behind the scenes for 2 of your moderators to walk .
Simon assured all the members in an email that:
He discovered this method of trading (which is bullshitting people to think he is trading when he really isnt) , and the other trade callers learned what they knew from him which took him years to master.
And “Oh we are hiring for moderator positions .”
Here is the Want Ad:
Wanted any slickster who can bullshit , double talk, or pontificate in front of large audiences. Compensation will be dependant on how many sheep you coral to slaughter every month. No trading experience necessary , but a willingness to learn the art of complete deception to lure as many new inexperienced traders is strongly required.
Inquire with Rap Sheet to scumbag@Global Trade Reck.com
bob BANG BANG Amico is GONE! Got the email from Simon himself yesterday…Its only Simon left and he is looking for qualified traders if anyone is interested! LOL
Man! they are like rats jumping from a sinking ship. I think I could be a great GTR trade caller. Just make murky calls and call it a winner no matter what price does. I can also sneak into an airport and get some photos of me next to a jet. Anyone have a model looking sister I can take some photos with? What is the Pay? LOL.
Hello guys,
there is something out there that certainly can help you trade better. GTR does not have a reason to claim that they are the best out there as we all know the markets are subjective most of the time. The key to successful trading is to find your style of trading which obviously it does not come easy. GTR uses volume in a very good way and by applying that knowledge into your trading style it should help you to become successful. Having said that it certainly does not worth paying 10K in order to understand volume profile. They do have a trading style but this style is not for everyone so being against someones claim is certainly not a good behavior as well.
The point is yes it is pretty easy money from a new member but also if you think you are better then do a room on your own and good luck in your venture.
Remember: Knowledge is power and a human always can learn something new!!!
Best of the best out there
🙂
Hahaha, excuse me for swearing but what a fucking nob head that Dimitri is.
In his youtube rant he makes a complete prat of himself and just dug the GTR into an even deeper hole.
Keep up the good work Emmett
The site appears to be in its infancy, so I assume the SEO and related services will come in the near future. Or not. I guess we’ll find out over the next couple of months.
I just think that if his master plan, first and foremost, was to have this develop into a money-making venture, he would have targeted a much higher level of income than this video suggests.
David C,
When I stated, “Will the real con artist stand up”, I wrote that because Emmett fully discloses his past and even shows the money this site takes in. GTR discloses nothing. How much do they make from trading, my guess is zero, .vs selling education? And in a million years they are not going to disclose any hidden deals with Dr. Dean, but it is my gut feeling there is something suspicious going on. His connection is making them millions in selling their education package. They actually get him on mic saying how he hit it out of the park using their method. Yet I listened to their murky calls and they looked like losers to me. In fact sometimes you have 2 different people calling; one going short and one going long. I was in the room and one trader called a long; the price went up 4 ticks and then slammed down and he says he got 4 ticks on that one. Really, I seriously doubt that and I am sure anyone that followed that trade was stopped out.
I have been to many trading rooms and IMO humble opinion as I have stated previously this room is the most rotten banana in the bunch. They are as slick as they come. This room needs to be investigated by the regulators.
Hey Rob,
And any other complete idiot in here. Why don’t you guys ask Emmett (if you can reach him) to show you proof that he has been in these rooms and actually spent time (weeks) analyzing them (Like dean handley has) and show you the last 50-100 trades he took in these rooms to prove whether or not they are fake or real. I know for a fact he has not been in any of the rooms. And Dean does not take any money. You honestly think if dean got paid for good reviews (Like Emmett) that out of 950 he would like 13 of them? By the way, Emmett also reached out to Global Trade Room and CFRN, and Back To Futures Trading, just to name some to make a deal with. It’s funny, that video above with that guy that says Emmett is like Hitler is very right. Emmett is slowly building up his trust here with false claims to make everyone think he is the man, and then sometime in the future when he has enough followers, he will promote like crazy a particular trade software or offer. Everyone here will think, wow he bashed all these rooms, so this one here must be good. Then he makes off with all the money. So good luck to everyone here. Some of these traders that he bashes I know personally and they truly are amazing people. It’s a shame to bash with absolutely no proof (some deserve it though). But it’s exactly what Emmett is hoping for. So his plan for his biggest scam is working to perfection.
Hi Merta,
Thanks for the comment. I certainly appreciate it. You are certainly correct in that I do promote and earn a commission from various trading products. I would recommend that you read the monthly income and expense report that describes in high detail all of my marketing agreements.
If I am going to demand full disclosure and transparency from a trading vendor, I better also be willing to be open and honest about every aspect of TradingSchools.Org.
And I will be the first to admit that I sometimes get these reviews wrong. For instance, I wrote an extremely nasty and accusatory review of TradersDen24.com. The owner of the company emailed me account statements. I redrafted the new review, eat humble pie, and published a new review. Prior to the review, he had nearly zero public awareness, after the follow up review was published, that room is packed full of subscribers. So, these things have a way of working out.
Regarding Simon and Sandy’s room, sure they were assholes and got a crappy review. But low and behold, only a few weeks later they are acting like “Trading Room Jesus”. Full disclosure of trading results, showing the trading DOM, being good stewards and providing an example of how this industry has got to change. This industry needs to change for the better. Its time. Dean made a pretty good attempt, but he just doesnt have the manpower and the tenacity to get nasty and start a fight. Dean worries about lawsuits from these scammers. I personally have a $200+ million dollar judgement against me for my past crimes…in other words, you cant squeeze a nickel out of a turnip.
Every single one of these vendors that get a crappy review can turn the frown upside down by simply showing a trading DOM, or trade from the charts, or show an account statement that proves they can product any sort of profit. This is simple folks. And do feel free to contact me personally at emmett@tradingschools.org. Send me your email and I will gladly forward my phone number, you and I can sit on the phone for hours and talk about his stuff. Really.
Emmett
I think that the video (https://www.youtube.com/watch?v=_jH-aSsTN1k) is a reaction upon this video that appeared on youtube about Dr. Dean Handely : https://www.youtube.com/watch?v=WYSkTPaHEh8 and I think that this time he knocked on the wrong door and the guy that made the video decided to expose the hole scam.
Well done!
The only difference is that there video is not build on evidence and the other video about Dr Dean Handle is all about evidence.
With regards to there trading skills, I think that they are very good traders sorryyyyy, I forgot to mention, MARKET REPLAY TRADERS.
https://www.youtube.com/watch?v=vIpY69Vd-To
They are digging there own hole!
Regarding the Dean Handley video …
https://www.youtube.com/watch?v=WYSkTPaHEh8
I have mixed feelings about Dr. Handley (some good, some bad), but let’s put those aside for now while I make some comments on the video.
The video is definitely interesting and revealing, but I certainly don’t think it’s some sort of damning “expose”, especially if the intent was to show that Handley is making any significant amount of profit off of the Global Trade Titans venture.
The “cost” per trade room to take part in the venture is a $475 start-up cost, followed by a $150 monthly fee. If you multiply the $150 monthly fee by, say, 14 trade rooms, that’s a grand total of $2,100 per month.
Even if we assumed that every penny of that was being kept by Dean Handley, that $2,100 per month is the equivalent of a minimum wage job … and the reality is that probably most, if not all, of that monthly fee is going to the SEO/Website guys … so I highly doubt that this is a money-making venture for Handley, at least at this point in time,
As it stands now, it seems more like a joint marketing effort by the various Trade Titans, with them splitting the costs.
I think if Handley actually wanted to monetize his efforts, he would be much better served (dollar-wise) by asking for a referral fee for each new customer that signs up at one of the Global Trade Titans trade rooms.
I wouldn’t be surprised to see Handley try to capitalize monetarily somewhere down the road, but just based on what I saw in the video, it hasn’t happened yet.
” that $2,100 per month is the equivalent of a minimum wage job”
Yes, not bad for doing NOTHING!!!
Zero SEO, as that same video proves, he gets NO traffic!
Zero web Admin, have a look at his page, it looks like it’s home made on MS Frontpage, by a CHILD!
Referral fee ??
Did you actually watch the video? lol
So, I would say the good doctor does live of it and is a big part of the scam!
I agree. Dean is not getting rich off of this. However, he does have his own trading room, Tessaracht Trading, and so everything synergistically fits together. Dean is pretty much “small ball” and relies on the syndication network that is provided with his relationship with Futures Truth magazine. And lets be honest, Futures Truth magazine has very little subscribers. The most interesting thing about Futures Truth magazine is the name. They offer a quarterly magazine that is print only, who in heck does that anymore? They need to publish on the net and stop wasting tree’s. Get with the times.
My ONLY problem with Dean is that his reviews can be really bad. He just trusts these trading rooms, he doesnt ask for any proof or anything, he just shows up and looks for a track record on their website. Once he see’s a track record, then shows up a few days and does not ask any critical questions. Heck, I get really tough on these guys and ask for account statements and proof. I really dig hard and try to uncover the truth. Dean is sort of lazy, or just a little naive, I dont know.
I received an email today from Dr Dean’s assistant stating True North Trading – formerly know as Tesseract trading has “gone private” ! You’ve got Handley on the run big time! Another Titan sinks into oblivion….
Man, Emmett you must be hitting home, that video was funny. I hope he does not live in that place! My response is, “Will the real con artist stand up”!! This guy did everything but show any proof he could trade profitably. Thanks to you Emmett my guess is member are now asking for evidence these clowns can trade.
People with half a brain can tell who is real and who is lying and who is not. If I was a successful trader and ran a trading room and a reviewer said I was a fake and I made a YouTube video instead of talking complete non sense, I would be showing trading charts, my trades and brokerage statements confirming my trades and telling everyone you can contact me and I will show brokerage statements showing all my trades and results.
I have been to their free trials and in my humble opinion their connection with Dean Handley is the biggest scam out their. This trading room is the epitome of a smoke and mirror trading room. I would rate this room the worst of the worst, yet due to Dean Handley they have suckered tons of people into buying their $10K education. I challenge Dr. Handley to show any evidence he could trade the calls they make profitably.
Emmett, if you have saved one person from throwing their money away on these con artist then I say Congratulations!!
Isn’t it common knowledge now that Dean Handley endorses vendors that will pay him. BTW, Tesseract has shut it’s public trading room down and is distancing itself from Handley. They are directing visitors to Handley’s website.
Hey guys….GTR posted a video on you, lol!
https://www.youtube.com/watch?v=_jH-aSsTN1k
14:10 “Emmett Moore talking about transparency, integrity and honesty is like Adolf Hitler talking about human rights.” LMAO
Wow this guy is really entertaining!
I’m sure his room is fun and education.. lol
I know, its cute.
You know, instead of making YouTube videos, why not just publish an account statement on their website? The account statements will prove that they can trade, and I will look like a fool. That would be my recommendation, prove me wrong by providing proof that they are winning traders. But they wont. They are scammers and hustlers.
Looks like Sandy Senghal has jumped ship. He was one of the moderators in that room.
And yes, I am getting emails from people that got scammed by those turds, and they are pissed that they got hustled for thousands of dollars. They have a right to be mad.
Now Bob BANG BANG Amico id gone!! Emmett has possibly single handedly brought this room to a halt. Or thats one big coincidence!!
If that is really true then it is time to hoist the new Sheriff in Town, Emmett http://screencast.com/t/gvoYglrL9 on top pf our shoulders.
Could one man actually clean up this industry. I would have thought it to be an impossible task and no one has taken it on before (the other trading room reviewer the good Dr is a joke) Only time will tell, but I can say Emmett, you are the MAN!!!!
Ha! All this attention must mean that Emmett is having a tangible effect on this industry.
The funny thing is, they could easily rectify this whole problem by simply trading live from the charts and showing their DOM. Yet, no matter how much people clamor for it, it never seems to happen.
Keep it up — you’ve got these crooks on their heels.
Totally spot on , and a perfect rundown of these fucking clowns.
I must admit i nearly got suckered in until I read your review, so thanks a lot.
You just saved me a lot of $$ and time spent listening to these fraudsters.
How these scammers have not been shut down yet is totally incredible. This info coming from a member who wants to remain anonymous so they can continue to follow what goes on and not get booted out. Friday October 9th some real sleezy stuff went down in this room, but the member could not get the session recorded . However, here is what happened.
A trade was called on crude at 49.26 short by one trade caller not sure his name but maybe there is a new sleeze bag in the room now. No sooner does this trade trigger, and Mr Joussef starts yelling “BUY, BUY, BUY, BUY” while the other trade went for 4 ticks down, reversed and started ripping the other way long. It was obviously 2 trades called almost simultaneously in the opposite direction.
There were several members who began to complain about what just happened. How could someone call one thing while people were still in the other.
Of course Bang Bang Big mouth Bob claimed , “no use complaining , both trades were winners if you took them”.
The 1st went 4 ticks (if that was your target and you got filled. Of course there is no way to know if they got filled because they dont show any DOM or Charts with the trade), and the second they claimed like a 40 tick victory on an entry at 49.26, the place were the 1st trade was short.
The problem here is not the success or failure of either trade. The problem with this entire episode is how things were done.
1. Ethically , if the room was already shorting at 49.26, then it should have been disclosed by Simon Jousef that he was looking for a long at or near where the room was going short.
2. Claiming the short at 49.26 was a WINNER, when it only went 4 ticks and reversed, and not having proof you got a fill at 49.26 and an exit at 49.22 is complete and utter bullshit because your head Scammer was yelling “BUY BUY BUY BUY” at the same time.
3. The practice of yelling “BUY BUY BUY” almost certainly should tell anyone that this scumbag is attempting to FRONT RUN the room. He’s yelling BUY, obviously in the trade before anyone else and by the time they get it he could be 4-5 ticks to the good already.
4. He most certainly got the best fill of anyone, as they were all short at the time, and he clearly attempted to ride STOPS of others already in the SHORT trade as he must have seen the reversal before hand and used it to his advantage.
5. After they were caught red handed and members complained, they spent 20 minutes dancing around justifying it, further confirming they knew they got nailed bullshitting everyone and could do nothing but explain it away.
6. As always , during the bullshit justification process trying to ease members who were complaining , there were the usual 3-4 people who followed perfectly and got both winners. Soon after, they of course patted themselves on the back on how great that trade sequence was and how they are the only ones who do what they do (and there is no doubt about the one).
In closing, please avoid this place at all costs and dont get caught up in the circus sideshow they perform. If they are just verbally calling trades and there is no proof, then it never happened. $9000 is a ton of money to pay to see the lady with the beard, or the sword swallower. Members are getting very restless from what I am being told and they are beginning to see the bullshit they are trying to pull, so I think this forum is doing what its suppose to do.
From the sounds of it, it appears NEW membership is sucking wind.
They have now extended the weekly trial to be an all day event.
They offer a NEW monthly payment plan (one of their claims to fame is they are not a monthly priced trade call room because they are educators, guess that’s not working out these days).
They are even starting to make stock, option, & NADEX calls, trying anything to boost membership and show you get something to $9000.
They are also doing so called training sessions on Saturday as well. I hear these sessions are a complete joke and end up running about 30-35 minutes and repeat all the same garbage done during the week.
All this in an attempt to try and ease member growing tensions.
I will continue updating this thread and hope others will as well .
The more people that know about this being a fraud the better the trading business will be in the long run.
Thank you Emmett, this is valuable info, let us hope this valuable info will go out to many new traders who could potentially fall for trading rooms such as GTR.
Just imagine how much Simon and Gang made from robbing new traders, at 10K for new member… perhaps millions, so no need to trade real money for them!!!
I wish NinjaTrader had tighter rules to weed out such crooks.
Oh man, I thought they were real because Dr. Handley said they were Titans. !!!
I want to see what the CFTC is going to do.
Where is the Youtube video?
They are now offering monthly payment plans, in order to rip anyone off that can not afford the $10K education up front. So now they can rip off everyone the poor and rich equally. See Below:
Traders,
Over the past 20 months I have been asked by many people about a MONTHLY PAYMENT OPTION..To date, none has ever existed…Until NOW!
Those that would like to join us can now do so with a VERY small down payment with a structured MONTHLY payment!
Please contact me direct and let’s get YOU in the room!
Trading is OBJECTIVE and as such, can be TAUGHT!
_________________________________________________________
_________________________________________________________
Remember, we build traders…
Bob Amico
Director of Sales, GTR Room
SALES@GLOBALTRADEROOM.COM
770-715-3883
One of TOP Trade Titans
By Dr. Handley
I have a surprise for Dr. Dean Handley in the form of a youtube video with comments and including a video message from him to me via skype. Lets bring down that big scam trade titans!
Just incredible how far people will go to make a buck. If I were a member, it would piss me off that they have trials once a week . Most offer a 1 week , then you either sign up or leave. These guys peddle twice a week from what I hear. 1 Whole day and 1 evening.
All they have to do is display a DOM or Chart trader for a week in a live account .
It would prove they are not a fraud. I’ve heard bullshit stories about how showing your DOM viewers can get account info. Thats garbage, the ending of the account is usually cut off in Ninja and other platforms have privacy settings.
The biggest bullshit measure of success is a TICK count and they pound the table over it everyday with those dopey emails like they were selling SLAP CHOPS on late night TV.
Buyer Beware….
Just an update, the fraud continues. Some members have reached out to me and have expressed concern that all the trading continues to be all verbal, no DOM, no chart trader, and no proof the trade was taken LIVE what so ever. What is most concerning , from what I am being told, there are constantly 4-5 people who always get the trades. Moreover, there is always someone new “Who is Killing it”. “Payed for the membership in 3 weeks” blah blah blah. Amazing, there is always one about every 2 months, about the average time most people figure out they got scammed and just stop coming back. They have mentioned they are going to record some sessions and send it off to the CFTC and see what happens … As one member put it “If they were humble, nice, and sincere, I could deal with it. Bang Bang Bob sounds like the Billy Mays of trade rooms, selling shit on infomercials ”
Keep up the good fight.
Here is the email that was sent out the other day.
Humility goes a long way, and if they were this good WTF are you selling membership for 9k ? Just go trade , and live on a beach someplace.. Swindlers …
Traders,
The markets gave us quite a ride today as the ES broke the 1920.50 area and slid as low as 1897.25 before mounting a furious comeback as it broke the downtrend channel and exploded to the topside..
Crude as well met our long term targets at the bottom of the daily chart of 43.89 (43.73 low) where we took long positions. The long term outlook is for CRUDE to test the lows once again..
For the AM session we Simon, Bob and Sandy combined for just OVER 80 TICKS ($800.00) with Simon accounting for 60+ on his only trade of the day..
The PM session saw Bob and Sandy take 4 trades on the ES, all winners, adding another 37 TICKS to the totals..
I’m still SHORT the DECEMBER 195 PUTS ($7.54) and am well in the profit and will continue to hold. I am looking for a push lower to 1903 on the ES at this point..
UPDATE…
I have SOLD my DECEMBER 195 PUTS at $10.34 for an almost $3.00 gain in 4 day’s..
_______________________________
Trades I am interested in for tonight…
1) SELL GOLD (GC) @1151.7
STOP…$1153.4
TARGET 1…$1150.8 (+9)
FINAL TARGET…$1142.9
Our 1141.7 FINALLY triggered today. This was sent LAST week for those that pay attention!
Please remember, I go to BREAK EVEN at 1st target!
________________________________
Remember to join me LIVE, today at 7:00pm EST
Register at the main site: http://www.globaltraderoom.com
_________________________________________________________
The GTR
Membership Options:
1) Single Payment discount
2) 2 Payment Option
3) 2/1 Special…2 Traders for the price of 1 (you bring BOTH traders!
_________________________________________________________
Remember, we build traders…
Bob Amico
Director of Sales, GTR Room
SALES@GLOBALTRADEROOM.COM
770-715-3883
These guys are scoundrels. Really, really bad people. It amazes me that anyone falls for their BS.
I was in here all morning and if they made $50 after commission they would be lucky. Many of the trades were called but claimed “Unofficial”.
You were even referred to as “That idiot who called us a fraud” , and you were challenged to a trading dual.
The hope is that this get out there and anyone interested in signing up for this scam, avoids it at all costs. The cheering and carrying on over trades that went 3-4 ticks was such a circus.
Just like your video shows, not once did any of them show a DOM or even anything that showed they really took the trade. And of course the intro was, we trade live, not SIM, its our money, blah, blah , blah…… The excuse for no DOM was the traders use another machine then the one the charts are on to trade … OK then start using the machine you trade on to present stuff, pretty simple especially if your running a trade room. Go To Meeting does not cause that much overhead, but if your running a scam, I guess its the only excuse you have to explain why you dont show your trades.
This was the email I got after I attended their trial.
No way in hell they did 47 ticks while I was in there. Im sure it was my fault because I was not paying attention…
Traders,
As ALL of Wall Street awaits the FOMC minutes (and possible rate hike) The volume and range have narrowed and trades are few. Still, with less than 9 trades total today (2 stops) the GTR Room clawed it’s way to a +47 TICKS ($470.00) in very slow trade..
And you’re STILL not a member???!!!
If you are sincerely ready to learn to trade, then contact me direct for pricing!
Trading is OBJECTIVE and as such, can be TAUGHT!
Membership Options:
1) Single Payment discount
2) 2 Payment Option
3) 2/1 Special…2 Traders for the price of 1 (you bring BOTH traders!
Remember, we build traders…
Bob Amico
Director of Sales, GTR Room
SALES@GLOBALTRADEROOM.COM
770-715-3883770-715-3883
One of TOP Trade Titans
By Dr. Handley
They are complete and total scammers. The worst of the worst. Shame on Dean Handley for promoting these charlatans. He knows better. He should pull them down immediately.
Bob “Bang Bang” Amico is now claiming that I want $20,000 to take the review down. What a bunch of poppycock. I cannot wait for the CFTC to hammer this douche bag of a human being. This guy is worse than scum.
Tom, would this be a trading dual of hindsight / fantasy trading calls. So one person says I made 5 ticks on that one in hindsight and the other person says yea well I made 6 ticks. LOL.
I too have been to their room as stated earlier. What a joke and the only reason anyone is paying for their education is due to Dean Handley. A trader friend of mine say he did some software for them and they are making over 2 Million a year in selling their education. I wonder how much kick back Dean gets.
Well your doing a great service. And I am sure they are doing just fine as there were plenty of discussion of a week vacation in Cuba, so Im sure that was some poor bastards membership fee.
Well here is some more dirt. Not sure this is him, but from the wrap sheet and the bucket shops listed on here and the judgements, I would not doubt this is him.
He claims 16-20 years on Wall Street. Funny, no experience with any of the big houses, in fact nothing but chop shops , 2 of which got shutdown.
Again, if it is him, its understandable why he’s in charge of sales from that resume.
http://brokercheck.finra.org/Individual/Summary/1250030
Lastly, they charge like 9k, and dont even use or have their own software package.
They use Gom Profile which you can download for $100 on Big Mikes as an Elite member.
So WTF are they really teaching you or offering you for 9k?
At least the other rooms charging 5k+ have software you own afterward (worth it or not) at least its something.
I mean really, your getting a god damn Ninja Trader Template that looks like theirs for 9k and 5 hours of cheering and boasting about how great they are, and great a trade was that went 3-4 ticks. ..
Sorry , but there is so much respect in humility that experiencing what I did today was enough to give you this additional info.
Keep up the great work…
I cant handle alot of things, but a liar , cheat and ripoff artist of peoples hard earned cash just absolutely chocks me up.
I have been pestering non stop the CFTC and NFA on these guys. Absolutely no doubt that the NFA is not going to take a hard look at Simon Joseph.
Bob “Bang Bang” Amico picked a fight with the wrong guy. The first thing in the morning, right when I awake, I try and figure out a way to get these guys nailed.
GTR, RAmos at emini volume trader….Dean Handleys titans are not titans but a load of BS scammers.
If any room or site is charging any huge money for courses or any type of fee RUN<RUN<RUN. All you need is a trading room and ONE where the trader takes 2-3 max 4 trades a day for 5-6 points each or more. On TF/ ES you can easily get 10 points on a trade especially at the extremes, either short or long. That's my 3k on TF right there.
You must have confidence in you trading and your number is going to hit be it 20 or 30 points away. The question how it gets there nobody knows….4-5 bars down at once on a 15 minute chart 3 bars up then ..chop, chop, chop then slam down in afternoon.
I guess a fractal map would help and this is what I'm looking for. I know where the high or low will be everday and most days they do elect the number. 2-3 days out of the month they don't and chop chop it.
The only thing I'm missing is the fractal map for next day and a trade room where by the trader trades for bigger points on each trade and not take one of at 4 ticks move stop to break even and let runner run…bs. I don't need any courses or an education.
Feel free to comment.
A most important tip…always look for the hwb trade. Bearish below 62.5 and bullish above 37.5, on the retracement.
If you can see them on the ES and TF always getting their number…sometimes they will push for it…its just beautiful. Sometimes the ES will just hang 1 tick up 1 tick down and TF will run up 6 points. ES is just waiting for TF to catch up and then they bring it down. Same going down. TF will hit its number below and then just muddle around while ES going down for another 4-5 points taking up another 5 minutes…..They always want their number. Tick charts, Renko, etc…these fellas know how to play all the games to fool you….but if you know their number…..that's all you need.
Stay away from any Titans. A great trader will not be up selling courses or systems for exorbitant amount of money. He or she will not teach….they may give calls but will want to be incognito….Chat perhaps.
Good luck.
Al your pal could you email me stevemuch@verizon.net
Hi Emmet : Had similar experiences last year when I sat in on the room. After the sessions I contacted the office and complained that trades were called out after the fact and asked to see any verification of the so called trades for the day. I bluntly said without any trading log that they were pushing hot air. I told them this want my first pony ride and without proof I sould considering them scammers Of course they wouldnt provide any proof. Simon and his group are nothing but refined con artists. AVOID!!
I find it completely insane that anyone would send these guys $10k without verifying performance. Crazy world.
Emmet, How did you attend the trade room for 4 or 5 weeks without paying?
Jim
Hey Kaiser,
I love that movie 🙂
Jim
Yea. If he is really talking numbers – and is actually registered (that could be BS – I just don’t care enough to go look at the NFA site to see) then he is in deep shit. The NFA DOES NOT PLAY around.
This is pretty funny though, this industry is amazingly full of BS, at least on the retail trading side. You’re doing great work, Emmett. I hope it pays off monetarily as I know this takes time.
Kaiser
All the regulatory agencies are as phony as these rooms
Another so called Titan falls! Good work Emmett yet again! To paraphrase Clay Higgins of Crimestoppers fame (check him out on YouTube – he’s good) – “Dean Handley – if you’re reading this, listen to me son, I’m talking to you now. I don’t care how many letters you have after your name, how many thousands of rooms you claim to have reviewed- you need to do some explaining. Many of these so called Titans are turning out to be steaming piles of shit. Take this room in question or another like EMini volume trader and explain how and why you gave them the effusive praise and platinum reviews you did. They are not even close calls. These rooms have been proven to be deceitful, fraudulent cons from start to finish. Your reputation I’m afraid is sinking as quick as your self proclaimed Titans. The very least you can do for your readers is to review them again properly or drop your endorsement of them. As Trader says above Emmett is now the voice of reason and truth when it comes to Trade rooms. “
There’s a new sheriff in town and his name is EMMETT MOORE
insane how much fraud is out there in relation to the markets!!!
BYE BYE Global trade room your full of shit
I was shocked at the amount of boasting by Bob “Bang Bang” Amico, to come right out and say that every single trade is 100% real and verifiable is just crazy. Especially since Simon is a registered CTA, all of this is going to haunt them.
Hi Emmett,
I would like to see a review of livetraderpro.com. I am near certain he is a fraud, too.
Thanks for the good work you do.
Emmett — based on what you have said about the CFTC is it your opinion that if someone paid GTR any money they may be able to file a complaint for restitution if they can’t prove the trades were documented?
I tried filing a complaint with the CFTC about Traders International and the CFTC is as useful as the trading room.
I wanted to add one more think. GTR is making million in education all do to the brilliant, yet IMO crocked connection with Dean Handley. Dean is suppose to be this independent 3rd party that reviews trading rooms, yet he never show how he was able to make money trading GTR trade calls.
Emmett, I compare your reviews with Dean and I am sure due to your background you do not get the respect you deserve. But I thought your updated review of Trading Mission where you actually showed your DOM and trades over the trades being called out in the room, was the Model Example of how a trade room evaluation should be done. I would challenge Dean Handley to do what you did and show how he could possible be making money off their trade calls.
I have been to their free Tuesday trading session and could not agree more. IMO the room is a complete joke and their daily emails stating how they nailed another 200+ ticks today is even a bigger joke. What I do not understand is why the regulatory agencies do not go after these type of rooms; fine and close them down. Maybe you can add a tab at the top discussing how to best complain about these type of vendors with links showing who to complain to. What does it take to get the regulatory agency to take action?
Hope to hear an update on the CFTC investigation.
Thanks, Emmett. You are performing a hugely valuable public service.
How is it a hugely valuable public service when you lie to the public. This review is complete false. First of all it talks about Bob, who is no longer there and is a convicted fraud (like Emmet). 2nd The price is not 9,850 but 4,300. And 3rd you mention Transparency. Simon trades live on the screen with all his trades visible in chart trader in front of everyone to see. Here is proof. Here is a recap https://youtu.be/RN1Aj58qP68 and here is the full recording unedited https://youtu.be/E01OsqwER0w If that is not transparency, then maybe you need to define what the word transparent means.
This website is talking bad about others which time a lot of what you said is not true. I knew some of these traders like Simon.
I’m one of Simon’s students. He called live trades ahead of time.
You need to rethink what you are saying about Simon. He trades live/real account.