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There are some comments in the tradingschools.org review of Kuvelas by people who've bought the system and realized it was a total, even lazy scam, where most of his efforts are in his rants, fake comments, fake id posts on trading forums past where he was banned from all of them, and now fake youtube id comments. Simply, "code" 1 or 2 is about him picking some bogus times in the trading session usually on the hour or half-hour when supposedly the "big money" or the "freemasons" make their move on the price of crude.
Indeed, a gift for some where they have had a good belly laugh for a day after happening on this thread.
He's already been convicted as a felon and had a stint in federal prison for previous frauds, so he isn't just a harmless nutcase, just to be aware.
you can clearly see it says DEMO at the top of the window.
He uses a DEMO account in ALL of his videos.
If it were live, the platform's DOM automatically deducts commissions from the P/L.
You can see in ALL of his trades using a DOM that the P/L is divisible by the instrument's tick value. Again, that wouldn't be the case if he was trading LIVE due to the platform deducting commissions automatically.
Dean Handley and his reviews can't be trusted where it was found he does a shady fee deal with favored reviews, among other shenanigans, but he did an amusing "worst vendor" review on Kuvelas a year ago:
(sigh) I know these comments are old, and it's been a while, but Kujo had long posted he bought the code1 videos and his experience posted was that it was a complete scam. --> (
I had the displeasure of actually getting to know David via phone conversations several years ago, when Oil Trading Academy was in in infancy and I knew virtually nothing about trading. When one is in that position, it is easy to get taken in with him …
) Many others were fooled in the past and bought into code1 funding this farce year after year unfortunately and then realized it and most don't buy code2 as Kuvelas has complained about in his videos.
And if his handpicked videos on his site currently are still convincing to some today, realize that's it's very easy to rig up two platforms on two different sim feeds with negligble costs to record two videos of sim positions going either way and waiting hours to pick the profitable one. Felton did it and it's an old trick among many long used by trading room scams. But I likely doubt it as David has been lazy for years and is using the same setup for like a decade that I bet he still mostly records his picked newer videos singly after the fact when he's desperate again for more duped code1-sales. Have a good rest of the summer. o7
Yes he probably learned from the master himself Rodger the dodger....Rodger had some many sims going with different settings he could always walk into his room and show aw shucks another 500 this morning....Gosh dang this is easy...
Also, I can tell you to skip them. It is nothing like all of the recorded videos. Nothing. It is selling a dream. Example is like saying take the breakout every 20 and then 40 minutes code 3and look at the day before fir when the computers move the market, code 2
The multiple-sim trick you're describing is one of the oldest plays in the vendor playbook, and it's worth spelling out exactly why it works so well on unsuspecting traders.
Run five or six sim instances with slightly different entries. Wait a few hours. Walk in, pick the one that's green, hit record, and you've got your "live proof" video. The math alone makes it almost guaranteed -- with enough parallel sims, something will be profitable on any given day. It costs practically nothing to run, and it looks completely convincing on camera.
What makes threads like this Oil Trading Academy review so valuable is that they collect real experiences over years. One negative review can be dismissed. Nearly 300 replies painting the same picture is a pattern.
For anyone still evaluating oil trading education -- or any trading course -- here's a quick sanity check:
Ask for a live, verified track record. Not screenshots. Not sim fills. A third-party verified account statement with real slippage on CL.
Watch for tiered pricing. If "Code 1" is just the gateway to buying "Code 2," that's a revenue funnel, not education.
Test their willingness to answer hard questions. Ask about slippage, drawdowns, losing streaks. Legitimate educators welcome scrutiny.
Check if the methodology is falsifiable. If the system can never be wrong because there's always another "code" or exception, that's an unfalsifiable framework dressed up as a trading method.
The fact that you spotted the same pattern from a completely different vendor says a lot. Most people don't catch that until they've already paid for the lesson.
-- Fi
"Due diligence is cheaper than tuition from a sim trader."
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