The Strategy Lab
-
Honesty
(1)
-
Quality
(1)
-
Cost
(1)
-
Support
(1)
-
Verified Trades
(1)
-
User Experience
(1)
Summary
The Strategy Lab is a $497 trading manual that includes a chat room with absolutely no live trading. The owner of the company purports to be a multi millionaire trader that has 14 consecutive years of massive profits. No losing months, ever. Claims an average of one losing day per month. When asked for proof of trading success, the person running the business becomes dodgy, evasive, and highly manipulative. A trading record that can only be described as pure, unadulterated baloney. To describe M.A. Perry as a scam artist is an understatement.
Thanks for reading today’s review of TheStrategyLab.com
What is the TheStrategyLab.com? The Strategy Lab is a website that is selling a trading manual for $497. The trading manual purports to teach a volatility method of trading that is subjective and interpretive in nature. There is no defined rule set, or systematic method to the trading manual. Rather, it is an interpretation of how M. A. Perry views the market. The owner claims his method works in all markets.
The owner of the website is a person that prefers to be only known as M. A. Perry, living in Canada. This person also has a couple of other online alias names including WrbTrader and NihabaAshi. In addition to running the website, TheStrategyLab.com, this person also maintains a StockTwits page as well as a Twitter page.
In addition to selling a trading manual for $497, the person running the website also runs a free online chat room. The chat room is very rough, and it is hosted on a free, open source chat service. The chat room contains no live charts. All you will find inside of the chat room is a list of several people talking to each other. The chat room is not a signal calling chat room. There is no live trading whatsoever. Its a crude experience, and to be quite honest, I do not understand what is the purpose of the chat room. Since there is no live trading, and no possible way to track the trading of M. A. Perry, I am not even sure why it exists.
Track Record of M.A. Perry
On the TheStrategyLab.com website, you will find several years worth of trading results that Mr. Perry claims are 100% accurate, real money trades that are verifiable. You can spend several hours going from page to page adding up the results, or you can have a look at the following table that I created. The following table are reported results from January 2010 through April 2016, where Mr. Perry claims that he earned an amazing $3,520,342 in trading profits. Prior to 2010, as per Mr. Perry’s supposed track record, he claims to have earned several more million dollars in trading profits going back to 2002.
[table id=36 /]
As you can see these results are truly amazing. In fact, a review of Mr. Perry’s daily and monthly track record reveals that he averages only ONE LOSING DAY per month. In one particular string of trading results, he went several consecutive months without even a single losing day.
In my nearly two years of writing these trading reviews, this is by far the most outrageous and outlandish reporting of trading results that I have ever witnessed. In fact, I was so impressed that I simply had to sign up for Mr. Perry’s affiliate program that pays an amazing 25% of all sales of his trading manual! In some of Mr. Perry’s promotional materials, Mr. Perry also claims that many affiliates are, “earning hundreds of dollars each month as affiliate marketers”.
In addition to being able to earn an income selling Mr. Perry’s amazing trading manual, a person also has the opportunity to be a trading coach for TheStrategyLab.com. Once a person purchases the manual, they might be given the opportunity sell the coaching program for $12,000 per person.
Certified by Dr. Dean Handley
On August 19, 2013, Mr. Perry was given an outstanding review and Dr. Dean described Mr. Perry as “Honorable”. In addition to writing a positive review, Dean also claims that he was able to record over $60,000 in trading profits, while following Mr. Perry over the course of 50 trading days.
Contacting Mr. Perry
During the first week of May, I began reaching out to Mr. Perry via email and telephone calls. In the email, I expressed my amazement at his sterling track record. In particular, how impressive to see someone earning millions of dollars trading and whom was offering to sell his secret method. In particular, I asked for any sort of performance verification where I could authenticate the results and make this part of my official written review. No response.
Next, I began calling Mr. Perry over the telephone and was finally able to get him on the phone. It was not what I was expecting. Truthfully, I was expecting to speak with a highly sophisticated person. A person with such an amazing track record of earning millions of dollars in trading, and never having a losing month for the past 14 consecutive years should have some very interesting things to say. However, the conversation was very strange. M. A. Perry is a middle aged, African American male that sounded very unsophisticated. I hope this does not sound racist, or biased, but Mr. Perry struck me as a very simple man. Once again, I dont want this to sound like I have a bias against African Americans, and surely I might offend some of my readers, but Mr. Perry was articulating and conversing in a manner that some would describe as “street slang”. Once again, many readers might take offense to my description of the way the Mr. Perry talks, and I apologize for this.
Regardless of how Mr. Perry communicates, or how simple he sounded, this is of secondary importance. What is important is whether the trading track record, and the claims of millions of dollars in trading profits could be verified. Unfortunately, Mr. Perry wanted nothing to do with verifying his track record. I asked for only a single month of redacted trading statements, where his name and identity would be hidden from public view. He flat refused. I then asked for only a single day of verifiable trading results. Once again, he flat refused. I asked whom he uses as his broker, he gave the names of a couple different brokers and came across as very evasive and dodgy. I asked if he could simply take a screen shot of one single day of fills from his trading platform. Once again, he refused. Not a good sign.
Mr. Perry is very evasive when it comes to talking about his trading results. As you press this button, he quickly and cleverly switches topics and tries to bring the conversation back to his amazing trading secrets. He attempts to push the conversation back to “my happy students, and Dr. Handley”. But I just kept pushing and pushing and going back to verification of his trading results…as you can imagine, we went back and forth in this pretzel of conversation that was meant to divert my attention away from the topic of verification. Very frustrating.
The land of fairies and unicorns
I know that this might come as a surprise to a lot of readers, but fairies and unicorns do not exist. I wish they did. And I wish that magic genies in a bottle existed. And I wish we had time machines and magical copies of tomorrows newspaper. I wish I had my hair back. I wish I didn’t waste my youth on running boiler rooms and selling scam investments. I wish I never went to prison for fraud. Wish I could of kept the millions of dollars that I stole from people. There is much that I wish for. Instead, I have to deal with the hard cold reality of myself, and the world as it is. I have been around for 47 years and have witnessed much. For the past 29 years, I have seen more financial fraud than I care to witness. I have been to prison and met more financial fraudsters than just about anyone on the planet Earth. I just get it. When it comes to money, humans are downright ugly. The internet was supposed to make us infinitely smarter. Instead, it appears to make fools of us daily.
Mr. Perry is living in a fantasy world. These imaginary profits are no more real than dancing fairies, a pot of gold at the end of a rainbow, or a fountain of youth. But when we look at Mr. Perry’s record, we want to believe. We dream of profiting $100,000 each and every month. We only need to buy the secrets contained within the trading manual. A $497 trading manual. Does this pass the sniff test?
Of course, I could be wrong. Mr. Perry could be the worlds greatest trader and is generously giving away his secret trading method because he wants to make the world a better place. That everyone seeking the secrets to trading can simply buy the manual and all the world’s money problems will magically disappear. But think about it folks…
Wrapping Things Up
Yet another trading scammer out peddling useless garbage on the internet. Once asked for proof, Mr. Perry hustles and jives and dances in a lame pirouette of financial buffoonery. Some will see this lame dance and mistake him for an exotic dancer, willing to stuff their money down his G-string underwear. If you do, then best of luck! Please come back and write about your experience. Some readers might love Mr. Perry and believe him wholeheartedly. Your opinion is welcome. I encourage you to join the conversation.
That’s it for today. Thanks for reading and don’t forget to leave your comments below.
wrbtader/MAPerry is still shamming it up there like he’s a real trader. Guess he thought the “coast is clear” as he did duck & disappear for a while when this review came out and exposed his scam. Still a purveyor of bs blabbing since 2002, now 2019..
https://www.elitetrader.com/et/threads/my-demise.333425/page-3#post-4876872
https://futures.io/emini-emicro-index-futures-trading/46756-am-i-ready-live-trading-now-3.html#post717722
A dog always returns to its vomit.
Another one. Shameless comments in elite section of futures.io of newb journals fishing for new dupes to bite the worthless $400 “wrb” trading manual. I admit I fell for “Dr.”Barrry Bbburns trading course I & II when I was first starting. So did RobB, and he also mentioned falling for wrb-scammer’s worthless manual also.
https://futures.io/elite-trading-journals/47085-crossing-abyss-adventure-guide-snax-5.html#post723900
There is a discussion on ELitetrader and the owner of Et says wrbtraders claims seem bogus.
https://www.elitetrader.com/et/threads/where-did-wrbtrader-go.304444/
More here, where the discussion mentioned this review.
https://www.elitetrader.com/et/threads/where-did-wrbtrader-go.304444/page-3#post-4365930
Then on the thread for thestrategylab site review on futures.io :
https://futures.io/trading-reviews-vendors/11166-strategy-lab-www-thestrategylab-com-review-4.html
Same bs about his “broker” statements going back to 2002. When all it is a screencap with a number, likely a sim or made up window. I’d also noticed in the past year or so, the results are all positive, no more losing days, except it’s now instead “did not trade” days, LoL.
More people need to see this review. The newbs since the “coast is clear” in 2018 to now are just getting churned if they fall for his shamshow and buy into the wrb hot dog “manual”.
wrbtrader has abandoned his site and Elitetrader, atleast temporarily. Prayers around the world are flooding in from day traders for Al Brooks to follow wrbtrader’s example prior to the conclusion of the CFTC investigations.
What CFTC investigations?
I’ve noticed that too. He was last seen in mid-September. I wonder if the CFTC got to him? I sure hope so.
I recommend any customers of this guy to report him to the CFTC via the link Emmett provided in another review:
https://forms.cftc.gov/_layouts/PublicForms/TipsAndComplaints.aspx
As a newbie I paid around $450 for his worthless WRB manual based on the amazing track record on his site. It was the track record that swayed me to make that purchase. Given that the CFTC has been busting people lately for promoting fake track records I think it’s time to get this douche WRBtrader to pay the price for his shenanigans.
His track record is faked. He had a trade calling room but the calls were all delayed. On most of his entry calls, if you matched them up with the chart, you would see that the market had already moved away from that price by the time he called his entry. So most trades were “free trades” that he could exit at breakeven or small loss if they went against him, or bank as a win if they happened to continue in his favor.
Come on guys – let’s make it happen.
https://forms.cftc.gov/_layouts/PublicForms/TipsAndComplaints.aspx
Oh, I forgot to mention.
WRB has also claimed to have been accepted to medical school. His story was that he dropped out of med school after 1 year to become a trader, and never looked back.
Pretty funny, when you consider how unsophisticated he sounded, that he actually tells people he got into med school. He is probably trying to copy the Al Brooks marketing tactic of “trust me, I’m a doctor”.
Good follow up. After getting support from the elite mod, his thread where RobB was exposing his schtick was shut down. wrb-blather continues to tout himself as some trading export. I suspect when Emmett called WRBby and KenCalhoun, they were “quiet” and “unsophisticated” because they were suddenly tongue tied after having so much free reign on the web. They knew with Emmett’s call it was the beginning of THE END with reviews coming soon exposing their sham to the mob of duped former noobs. TS is the only untainted resource. They know Emmett can’t be bought because the feds are watching him and TS closely for any sign of restitution Emmett still owes and TS is pretty much an informal complaint alert center for the CFTC now. They are all scurrying like rats from sunlight hoping TS doesn’t get to them yet.
http://tradingschools.info/2015/08/05/a-review-of-emmett-moore/
Could you please show me where it is initiated that someone is offered the opportunity to selling coaching programs? I have spent a great deal of time learning M.A. Perry’s wrbhg trading method and the only thing I recall about promotional participation was 20 and 25 % referral fee you also mentioned.
Has anyone noticed that thestrategylab does not have any new updates since Sept 13, 2016? Maybe he got busted !!!
What a riot. maperry/wrbtrader quickly working to reestablish his guru-ness on elite after they’ve locked the tradingschools review and robb’s threads.
http://www.elitetrader.com/et/index.php?threads/took-out-a-loan-to-transition-to-full-time-trading-24-years-old.298510/page-22
“as you can imagine, we went back and forth in this pretzel of conversation that was meant to divert my attention away from the topic of verification. Very frustrating.”
yes this slick scammer has been around for a while..stay away from him..shady character..doesnt trade real money and all his results are FAKE as stated.
Also claims to have family and connections in the trading industry as he will point it out several times to you. Part of his game.
Hi guys
I’d like to know more about WRB and honest review can someone contact me here : traderitaliano@gmail.com
Italiansharp sono italiano puoi scrivermi un email al mio contatto per discutere di questo corso 🙂 ?
Thanks
How you know the person that will contact you will be honest. Mark refuses to show any proof of his self-proclaimed results. I would suggestion you contact Mark and say you want to see actual proof of his results via brokerage statements. And see how fast he runs.
wrbtrader/maPerry is similar to the fraudster JaguarEd of protraderblogspot. they have a “home” on a forum for years and maintain a presence as some resident “guru”. wrb seemed to be a bit more sophisticated until he was caught.. He should have written some books on amazon. Now the threads on elite are locked up due to his shill poster or alter alias moaning about ts.org.
This whole wrbtrader strategy is really “confuse them with bullshit”
To me you are all Americans.
I am confused about write apologizing about describing the person. Can’t understand what’s wrong about referring to a simple black man. It’s still a simple man:)
There is nothing wrong with saying he is a simple black man in context, considering wrbtrader has written that English is his second language, possibly to excuse his simple writing/speaking style. Wrbtrader often edits his posts on Elitetrader repeatedly to come off more sophisticated/perfectionistic (non-simple), that was all part of the marketing deception, if this review’s conclusions are correct.
Thank you for this review Mr. Moore. I also want to bring to light a potential conflict of interest between wrbtrader and Baron, the site owner of Elitetrader. He discreetly gave wrbtrader a new account against the stated terms of service, making NahabAshi (wrbtrader) appear to have joined in 2010 instead of 2002 and deletes and locks threads which refer to wrbtrader as a vendor.
That is because people like you thought he was black AND a muslim because of the name NihabaAshi. It is a Asian name. But most people are too stupid to realize that. Even Emmet thought he was black, which he is not. How dumb right?
http://www.elitetrader.com/et/index.php?threads/top-scam-vendor-member-on-et.299937/
Looks like they shut down that thread and another one due to the shill poster’s complaints. He just kept saying his “friend” is honest, but never explains why no verified track record and also uses multiple accounts. Glad ts.org doesn’t cater to that nonsense.
Sort of reminds of David Kuvelas from Oil Trading Academy. The more outrageous the claims, the more people you attract to take a look. Then, for the relatively small amount of money, compared to others, people don’t get too much up in arms when they realize it is a scam. People get outraged with Kuvelas because when he is challenged with his fraud, he engages with nasty ridicule. I don’t expect this guy does that.
So many ways to scam people in this business and a brilliant strategy is to make the most ridiculous claims, and don’t take too much from people. This combination triggers something in our psyche that says “what the hell… If it isn’t what they say it is, it is only $500”.
That is scam marketing at its finest
I remember the first time I looked at David Kuvelas, and I thought to myself, is this some sort of idiot savant? Is this some sort of “rainmain” that could mysteriously count the cards?
The Strategy Lab is similar. I thought to myself, could this guy possibly be for real? Maybe he is some mystery, master trader and he cares very little about money. Just wants to help his fellow man. Then I spoke with him over the telephone. Oh wow.
Its clever marketing. Lottery ticket marketing. We throw a few bucks at the prospect and hope that our dreams comes true. Perfectly smart people do it all the time. My brother is a lawyer and he wastes $20-$50 a week on lotto tickets. A perfectly smart guy, but the lottery keeps his unattainable dreams alive. He hates being a lawyer. The lotto gives him a tiny bit of hope.
I wonder what the best price point is for scamming. My guess would be around the $300 mark. I know that 7 is supposed to have a psychological effect when it involves a purchase so $247, $397 etc. are better numbers than $250 and $400 if you want to get someone to click “sign me up.” I really should get “Stray Dog Trades” up and running. I think I’ll use $297 annual membership fee for full access to the “Dog Den.” 9.6 suckers (I mean clients) a week signing up and I’ll have a nice second income.
yes this M.A. perry is a real master of the game of scamming it seems. i just looked at his posts on elitetrader where he is wrbtrader. he has dozens, maybe hundreds attacking anyone who is down on ‘educational vendors’. it seems that on that site he hides the fact he is a vendor.
Looking at his wordy results pages is just craptacular with lots of links to new sites and daily regurtitation of news instead of trading analysis and setups. 77 ES points in one day? 3200 ES points in a month? Many scam vendor results only boast not much more than a hundred points a month. This guy would be a big power hedge fund by now and not have to sell 12k mentorships. Sorry you fell for this RobB. I might have too if this was one of the first vendors I came across. Usually we get duped on different paths although sometimes similar. I used to foolishly think Investiscamma had some merit before tradingschools.
When I got started in day trading I thought these Trading Room Operators where for real. At that time I had no idea the whole industry is nothing but swindlers. And that Kool-Aide taste so good it is hard to get off. Now that I have seen the light I Skype with other traders and can tell them the truth about this industry until I am blue in the face, but I have come to realize you can lead a horse to water but you can not make them drink. Each person must come to see reality themselves and many will not. As I have repeatedly stated here most would rather lose money trading in the fantasy world the TR operators teach than have a chance at making money trading in the real world. It sounds crazy, but I have seen it again and again.
I will tell you true story. One of the first TR to scam me, he was literally trading CL for 4 ticks profit and risking 8 ticks per trade to do it. The guy had years of NT statement showing his amazing profitable trading, plus Lying Dr. Dean’s endorsement. So like the fool I jumped aboard and then watched him lose on trade after trade. He lost like 70% of the time even with an inverted risk to reward, yet posting how profitable he was. It became clear to me it was a scam and I started to talk to other members. Some others started to realize it also, but some were so Kool-Aide infused they defended him. Had one tell me, well maybe he just can not trade when he does it in front of people. Every excuse possible was made to avoid seeing the truth. Of course he never showed any brokerage statement; “the only real proof”. Later on BM it was shown how he faked all his NT statements. I am telling you this is the lowest of lowest industry. Nothing but con men.
Luckily I have seen the light and now trade in the “Real World” in the same manner all the truly great traders trade. Unlike the fantasy world you do not have a straight up equity curve, 80% win rate and make 20 micro scalps in CL a day and make money like a paycheck. All that is pure nonsense. If I had money to burn I would put up a competition for $10K to anyone that could do that for an extended period and not be risking 30% to luck out over a short period of time. I am 99.999% sure my money would be safe. And I only do not say 100% because never say never.
Just how small is a “microscalp” on /CL, especially considering that a 6 ticks target is a day trade to a scalper? Just being facetious.
I think it was like four ticks profit. The Jaguar guy often said in his thread which he kept updated in the beginner’s area to get attention that he was primarily a scalper. I suppose it can be done, but you need to be more than 90% right every session to be worth it. From what I saw in the expose thread, like RobB said, he had fabricated his results completely and got away with it for years. Maybe he didn’t even have a working live account anymore. A lot of these scam vendors can’t even show a statement because they don’t have any live account action for the years they’ve been harvesting subs, fees for the monthly churn rate.
Thanks for the anecdote RobB. I think I know who you’re talking about on big mike’s. “JaguarEd” who acted like a guru on the boards and outside it. I read that thread where he was exposed and rarely took trades even if it was sim. Eventually BM got rid of most of those early charlatan members like Felton and Jaguar, but he still has a bunch that linger like ft71 and jigsaw. As usual none of them, not one show any real proof. There are even former members who become vendors and yes , bmt is biased with those vendors who have a better relationship with the site just to keep it’s content attractive. It’s actually all pretty useless once you realize everyone loses money in their journals and never show their losers; even if they do, it’s all a sim game as they quickly disappear after they’ve lost enough of a busted account. Plus any new ideas you come up or contributed indicators with gets taken by others or becomes the property of the site itself under the supposed guise of “mutual sharing”. I recall seeing a member say he was high up on the “36 steps” to profitability or whatever and now he has his own vendor site selling algos and offering managed trading. If they could trade for a living they wouldn’t need to do an education or trade services site. Elitetrader is a tad more realistic but still has it’s resident site supported scammer-members such as wrbtader, bone and others. As for myself one of the first vendors I was scammed with was Miner’s worthless newsletter. I had purchased and read his books and had memorized his 20+ variant elliot wave and fib projections and finally realized it was all an obfuscating sham. I hear you about the kool-aid phase. Newcomers may get stuck in that phase for some time, then eventually they see the ugly truth of the retail vendor industry and some become bitter like us, lol. I tend to think many of those kool-aid talking shills in rooms are actually host actors, but I can see where one or two haven’t yet woken up from the dreamland sold by the room scam yet. Criminologists should do case studies of this landscape. They would have a lot of material to work with to justify their university positions for years to come.
I hadn’t heard of this guy or his site. But Dean Handley claiming he followed the guy’s trades when it looks like no trades were called? I am pretty much out of any more respect I had of Dean’s reviewing. It sounds more like anyone can pay a fee to Handley and get a good review. Maybe there was an earlier time he did honest reviewing but now his service smells corrupt as the scam vendors he praises. And why can’t Dean just trade the good calls he gets from these rooms, because there are none.
Dean needs to up his game. He needs to start asking for proof. But for whatever reason, he seems to be afraid to ask.
All of us dopes see his PhD, MBA, JD, and all these fancy letters and we think that this guy has to be really smart. But Dean is just like the rest of us, just a human and full of flaws. I dont believe Dean is trying to scam anyone. He certainly is not getting rich from his website.
So Emmett, how much time did you spend in the room? Did you buy the course? Did you learn how to trade price action? Did you follow any of M.A. Perrys’s advice when you were learning the course? Do you have any real evidence that Mr. Perry does indeed make up his trades?
Handley apparently spent time in the room yet you all bash him for it? I don’t get it at all. Lets see if you keep this comment on here. If you don’t then that will tell a big story don’t you think?
Mr. Perry,
Please. Enough. This game of yours has gone on long enough. Please post a redacted account statement on your website, I would be more than happy to write you a new review.
Sorry that I dont have time to once again speak with you over the phone so we can do this popcorn dance over and over. But the truth is that I am already writing about the next guy and I just dont have time.
I wish you the best. Please feel free to make up multiple aliases and post your own “seeds of doubt” into the audience. Its actually pretty funny. Every vendor that I have written about comes here and posts. I will say one more thing “Mr. Perry”, you are a bit sloppy. Finding your real identity was quite easy.
Much Respect,
Emmett
Wow are you one crazy dude. You think I am M.A. Perry and you found it out? Are you retarded or what? Saying I tried to call you? A lie. You found me out. Another lie. I see you haven’t answered any of my questions. Why not? Why do you lie? I am not Mr. Perry and you know it. Lets see if you keep THIS comment on here. Bet you won’t. You don’t know who I am and are trying to find out who I am. Good luck.
Lol! This is truly only a comment M.A. Perry himself would make. You really need to read it back to yourself Perry to realise how silly it sounds
There has to be more to Lying Dr. Dean that he does not ask for proof. His reviews are pure incompetence. The trading titans in no way met the ground rules he claims they met. And apparently that magazine he publishes in does not ask for any proof of his trades either. I think he took to many of those drugs he was pushing for the pharmacy companies. In my opinion his false articles has caused as many people to lose money in day trading as any other factor. I have skyped with tons of people that went to a trading room based on Lying Dr. Dean’s recommendation and everyone of them lost money.
how many people is tons of people? It will greatly depend upon if it were Europeans or Americans….
Your humor is way too sophisticated for me, is this what is considered Droll humor. But yes it could have been 2 Americans or 10 Europeans. LOL. Clearly you are a European. You guys are why too skinny. Eat a sandwich.
Kenneth,
A ton is 2,000 pounds, so Tons is at lest 4,000 pounds. Say the average person weighs 175 pounds. So 4000/175 = 22.85. So lets round up and then we can say that Rob B knows 23 people that lost money with Doctor Dean.
This would be a good math story problem for my 5th grader..
With a name like “Chuck”, I will have to assume that you are a native English speaker. Ever heard the word “hyperbole”?
ref: http://literarydevices.net/hyperbole/
Perchance, I misunderstand you, and you are yourself using hyperbole in this instance?
Ah, but as Ken pointed out it depends if American or not. The average American Male weighs 191 pounds (this also assumes all the people I know that were reipped off were male – actual knew one husband and wife team). Which brings up the point if the husband was conned was the wife also conned. Man this is a much more difficult problem for your kid. You need to tell him he must define all the perimeters. Man I just saw the average weight of Asians was only 127 lbs. I cannot believe I forgot to ask those people where they came from and how much they weighed. Bottom line Osikani was correct and it was hyperbole, but gave me a good laugh.
I think that your comment on him sounding like an African American is racist. That is the only reason I can see that you would mention that fact is that you are implying that African Americans cannot trade.
You could have said the exact same paragraph without out mentioning his race. For example, if you had edited the paragraph as follows, would it really have taken anything away from the message of your piece ?
“However, the conversation was very strange. M. A. Perry is a middle aged male that sounded very unsophisticated. Mr. Perry struck me as a very simple man. Once again, Mr. Perry was articulating and conversing in a manner that some would describe as “street slang”. “
Hi Dave,
Got your email. Thanks for sending the message. In retrospect, my comment was offensive. Its funny, I never really thought of myself as being bigoted. Perhaps this is a teaching moment. I wanted to include the comment that you sent in your earlier email. It does a great job of expressing your opinion.
“I am African American and I was a bit offended. I think if you spoke to me on the phone you would not know I am African American so it feels like you are perpetuating a stereotype that blacks are not in finance/trading. I still feel I have to prove myself more as an African American than as a white American in the field. Which I do not feel when in Europe or Asia.”
I apologize for my offensive and ugly comment. Hopefully more people will give their opinion regarding my comment.
I did not find it racist at all. If you who have described Mr. Perry as a dumb backwoods redneck hick this would not be an issue. However, call a black guy a simpleton you are being racist. Political correctness is like cancer. Everyone is offened over everything. Life is not fair. Time to get used to it. No matter what race you are. If you speak like a redneck hick, or street thug you probaly are one. What is racist in that? If you find my reply as racist thats your problem not mine.
It has been my experience the first person to look for racism is often the problem. Then to say calling someone a redneck, hick, or street thug isn’t racist is simply supporting the first sentence.
Calling someone African American or black is literally descriptive. Calling someone unsophisticated is not nice, but still descriptive. Saying the African American male is unsophisticated isn’t a nice thing to say about someone, but it isn’t inherently racist.
Calling someone a redneck is a derogatory term in today’s society. That is far more racist. Go ask 100 people randomly tomorrow what color someone would be if you called them a redneck hick, and you will likely get 100 out 100 to give you a single skin color. When you say someone is a redneck hick, you aren’t being descriptive, you are being ignorant and racist with the intent to cause harm or just be mean. Thinking that calling a white person a redneck or hick is okay because they’re white and that makes it no problem is just trying to justify your ignorance and racism. People are around the country aren’t normally calling someone a redneck hick to describe someone, but to be derogatory which is the heart of racism.
You simply want to call someone else a racist while trying to justify your personal bigotry. Whatever makes you sleep better I guess.
The problem with PC that I dislike, is you cannot even have an intelligent discussion without being labeled a racist. Talk about real issues in our inner city and you are a racist.
If you said white trailer trash is that racist. I think Europe and Asia have different racist issues. From my conversations with Europeans they have big time issues with Muslims coming in their country. And most of the African Americans that are in our country are decedents from people forced over here as slaves. Take Asians in our country. They were not forced over here as slaves, so in general the most hard working ones and brightest came over, so there stereotype is the the Tiger Mom and their kids all go to college. If we had brought over a bunch of the poorest uneducated Asians over as slaves, I wonder if that would be the same stereotype.
I do not know. It is a complicated subject. Should we never be able to describe someone by their race or is it only not allowed for African Americans. If someone ask me for a good landscape person, can I say the person the Jones next door use is terrific. He is Hispanic and comes over on Wednesday so look for him. Is that racism? How about if someone commits a crime can we not identify them by their race.
It is hard to know what is and what is not allowed these days. Gosh who makes the rules. For full disclosure, my mom is from Brazil and my wife is Hispanic from Central America and my father was one of those red neck hicks from Tennessee.
Rob B,
I agree with you that we seem to lack the civility to have an intelligent discussion about race in this country. I think without the honest discussion of any issue, it makes it harder to progress. Honest discussion is not valued in our media, sensationalized opinion disguised as reporting is valued.
As for the original comment, I would not call it PC, I would call it relevance to the subject. If someone is scamming money, what difference does their skin color make unless you think that it has some relevance to the scam? As an example, there is a rumor that Tesla is going to raise the price on the Model S. What would you think of a headline that said: “Elon Musk, a Jew, is going to raise the price of the Tesla S”. You would ask yourself, what difference would it make unless the author is implying something about Jewish people. Sometimes race does come into play, for example, Bernie Madoff. His was running an affinity con where a lot of his victims were Jewish and that would certainly be relevant. By the way, Elon Musk is not Jewish, but a lot of people believe he is.
As for the rule on describing someone by their race, I think it is a great question that I think a lot of people have on the subject. Just describe someone without the assumptions that can come along with a “nuanced” description. You can describe a person in a lot of ways. Height, hair color, skin color, clothing, and if you use skin color as another description, I do not think anyone would care.
I could talk at length about the inner city and Tiger mom’s but this is a thread about a scammer so I will leave that for another time.
“Elon Musk, a Jew, is going to raise the price of the Tesla S”, this quote really hit home. Maybe I am a bigot and display an ugly bias? Gee, I never really thought about it. My instinct is to declare, I HAVE BLACK FRIENDS! But that’s a pretty laughable statement.
Regardless, its great we talk about these things. Dave, your original comment did sting a bit. Whenever a comment stings me, I know that their is some truth hidden within that sting.
Got a comment on another thread today as follows, “Emmett, you are truly pathetic and complete loser. You only have 35 followers on Twitter”. No sting there! To only have 35 friends on Twitter is quite an accomplishment. Funny.
Well, you have one more twitter follower now
It’s interesting that in the other reviews here, there have been vendors from other countries from eastern europe, australia, some unknown saudis with MES (who screwed up badly on bmt), and ethnic american vendors, etc. yet, only this review and “trade for jesus” got this kind of baited reaction.
Here is my opinion. When you are trying to describe someone, and you live in the USA or Canada, which is predominantly white, you can use all the adjectives, derogatory or otherwise, you want to describe them, and the reader will assume the entire time the person you are describing is white. You can use 20 derogatory adjectives if you want, and not ONE white person reading will be offended, even though we are all envisioning a white person you are describing… As soon as you mention they are black, then it becomes about race, even though ‘black’ is just another adjective among many you said. It is a perfectly reasonable thing to say, since, as the reader, we are all trying to envision the person you are speaking of in your description of the person.
So again…just understand this… You can be describing a person with all the derogatory words you want, when talking of someone in Canada or the US or many parts of the planet hat are mostly white, and everyone, including other races, will assume the person is white, and no one will be offended… All you have to say is the word BLACK to describe them, which is just a fact, and THEN, you are accused of being racist.
Interesting huh?
Unfortunately, I think it would have been better to have just said M.A.Perry sounded unsophisticated for an accomplished African American, certainly not an oratorical Pres. Obama or a Dr. Ben Carson and leave it at that. Anyways, after an apology no harm done I think.
That’s reverse racism,
He clearly has self esteem issues regarding his skin colour and or what he does in finance.
If you are talking about me, you are wrong on both counts.
Thanks for this review, Emmett. Eye-opening, to say the least. I’ve known about M.A. Perry and The Strategy Lab for a few years and actually thought he was one of the few legit trading guys. Fortunately, I never bought anything from him – just read some of the free articles on his site.
well sad to say this is one of the rooms I joined. I paid the money and could not understand what he was trying to say in his various manuals and the iirc chat room. I assumed he might be from china or somewhere due to the level of writing- very confusing.
At least it only cost me a few hundred and I could see it was a waste of time quite quickly.
Yes, the funny thing is most people I talked to gave up on just trying to figure out the manual and his insane rules. But I actually mustered through it until I understood it. Not that that helped.
looking back I also wondered if it was part of the scam. The effects of a maze and a hansel and gretel crumb trail, combined with a Karate Kid apprenticeship, so you couldn’t be sure that sooner or later something useful wouldn’t appear: brilliant in a devious way?
It is hard to imagine one putting together an educational package that is that murky unless they are dong it on purpose to blame the user for not following the method properly.
Yup, a confusing manual is part of the con. It’s all a variation of the bag of tricks these scammers use or make up. Remember, their business is scamming, so they use most of their time and resources to ensnare fees and subs from new dupes. Other scam vendors offer a bewildering array of products, or constantly new updated “methods”. All a variation of the red herrings theme. Wordy trading books with no practical advice are similar in that way.
Gosh, did you have to review this room. I am embarrassed to say I was scammed by this room thanks to lovely Dean Handley. Good old Lying Dr. Dean. If Trump called Ted Cruz Lying Ted, I could imagine what he would call scum bag Handley. There is no way in hell Lying Dr. Dean took Mark Perry’s trades and made a dime. NO WAY!!!!
At least I was not scammed out of a lot of money on this room and I have a surprise ending to this story. But first the bad. Man I had arguments with good old M.A. Perry. First he uses some antiquated IIRC chat service. There is no way anyone would use that piece of junk over setting up a skype group unless you are pulling a scam and that he surely was.
I would take trades exactly as his course outline and he would not take the trade and of course I lost money. I would ask why he did not take that trade and it was always he was busy talking to another student or something like that. Well fine, so then I asked him about trades he took, because none of them match to what he taught in his course. I kid you not every single time it was a complete different rule that was not part of his education course. At first I thought cool I learned a new rule, but after it happened again and again and again and again and again (get the picture) I realized this is just nonsense. Nothing was ever consistent. It became clear he was posting trades in hindsight and not trading live. Just one big scam.
Now I am going to say something that will shock you. And it is not just true of this room, but from other scam rooms I have been to also. Many of these scam rooms got their basic ideas from real traders and then modified it into nonsense to sucker in people wanting to believe in the fantasy. Yes I was suckered in by those amazing results Perry posted and Lying Dr. Dean. Man, I really like that name. Call my Trump Jr. Anyway I actually got some concept from his teaching that I still use today and one of them is even part of my Holy Grails (HGs) that made me a profitable trader. I will even give it you. BTW before you get to excited, none of my HGs are about trade setups. As I have learned trading profitable is not about trade setups. Anyway that HG is:
YOU CANNOT USE ARBRITARY PROFIT TARGET
Nice and simple. I expand it to say you cannot use arbitrary anything. Every day the market is different so how can the same stop loss and profit target apply every day. Anyway I do have to give him some credit for that, so I view the money I spent all went to that one lesson.
Lyin’DoctorDean, thats funny.
I caught all sorts of hell from my girlfriend on how I described Perry as African American and simple or unsophisticated. She said, “you sound like a racist bigot” and “Your writing is barely 6th grade level, its full of incomplete sentences and your writing is a disorganized mess. You are acting like a dumb hick”. I know there is a lot of truth about my writing being so bad, but a racist bigot, dumb hick? Damn political correctness.
It’s a PC truth that if you are male, white and straight then you are probably to blame for whatever the issue is.
I would say “acting like a dumb hick” is bigotry too, by using a specific derogatory term and assuming a specific characteristic for a group of people.
I would get rid of her and find a new girlfriend haha. Nigerian African scammers don’t exist lol.
Dean’s websites seem to be down. Maybe he couldn’t keep up with the hosting costs? globaltrade’teton’s link description says “Advanced mathematical analysis of trading rooms from Dr. Dean Handley.”; lol, more like ‘advanced’ ways to gloss over glaring problems of trading proof with these rooms.