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Renko Kings Exposed


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  #1 (permalink)
 tradingspice 
philadelphia pa
 
Experience: None
Platform: NT
Trading: ES
Posts: 4 since Mar 2019
Thanks Given: 0
Thanks Received: 17

I have contemplated on this thread heavily hearted. I try to be a good person and not offend anyone nor vendor. I have struggled with this and have decided to do what my husband advised. Go with my gut! I hope this is my gut typing.

So I have been a member for roughly a year (NON-ELITE). I have my charts I use and happy with. I became a member to see what the "Trading Community" was chatting about and possible ideas. I upgraded to bring this forward. I have purchased a (couple) systems I am learning and trading with. Not here to discuss that.

During this journey I enjoy looking at other vendors and what they have to offer and if it would complement my trading. One of the vendors I was watching is https://renkokings.com/ along with several others.

Have been watching his YouTube videos. I wondered why they would post there videos from 2 weeks prior. Oh well I went with it. Well this past weekend RenkoKings posted another round of videos. As I began to watch and attempt to understand what ARROW your suppose to take and the method behind the trading. He started to explain the scenario he was looking for. Ok great so he is LIVE trading! Well the setup happened and he went to enter the trade, exactly what he was expecting. I did not understand it but he explained it and I knew I had more to learn. He nailed it entered the trade and WOW I was shocked. Window popped up!!! Attached:

Everything has been in replay!

It appears that PapaTom Trading and RBOB Trader are all the same.

I feel bad for bringing this to attention but worse for the clients.

Jan


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  #3 (permalink)
 mavmoney 
boston usa
 
Experience: None
Posts: 6 since Mar 2019
Thanks Given: 0
Thanks Received: 1


Nice post. Thanks for the heads up!


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  #4 (permalink)
 
Linds's Avatar
 Linds 
Victoria, Australia
 
Experience: Intermediate
Platform: NT, MT4
Broker: NT
Trading: Bund , ASX 200
Posts: 417 since Jul 2010
Thanks Given: 982
Thanks Received: 534

Ho hum another one.
I thought his video explanations were too wordy and subjective, meaning more or less impossible to undestand and replicate. Red flag 1.
No mention of actual performance metrics over time..just videos of winners generally...with clever explanations of how losers are avoided. Red flag2
Your discovery...jury seems to he in.
Thanks for posting.

Of course if they get wind of this thread and can plausibly explain everything..then the opportunity is here waiting.


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  #5 (permalink)
 estrade 
Austin/TX
 
Experience: Advanced
Platform: NT
Trading: ES, TF
Posts: 52 since Jun 2010
Thanks Given: 3
Thanks Received: 21

I just saw this, anybody own it?


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  #6 (permalink)
 tradingspice 
philadelphia pa
 
Experience: None
Platform: NT
Trading: ES
Posts: 4 since Mar 2019
Thanks Given: 0
Thanks Received: 17

Well he is back and legit now on YouTube? Pretty abrasive on his part. Its so sad the industry is full of scammers.


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  #7 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,669 since Jun 2009
Thanks Given: 33,669
Thanks Received: 102,557

Seems the vendor Renko Kings is trying to get Google to delete content from this thread by stating that the content is "outdated".




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