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Epic? I get the community spirit of sharing bad experiences, but this was a written in a Greek tragedy style.
We get it...Vendors don't make you money, so why go there from the first place? To get some material for gossip because you have nothing worth of value or content you can contribute here?
It's easy to hide behind your keyboard and spill your heart out, after all, no one knows you.
But, is this legacy you want to leave behind? I really thought that after 5 years of futures.io (formerly BMT) we graduated from personal insults even if its a vendor who is supposadly not the best of traders.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
remind me of Frankz who was with Trader International, the day I was in his trading room, he was having a great time 'making' 5K+, 10K+ with his up to 50 cars per trade. Everybody was impressed until someone pointed out there were no 50 cars moving on DOM, busted. But it got better he switched to live account in order to show the same winning trades except he lost more than 10K with just a couple of trades. TI fired him the next day saying they didn't know he was on sim all those time.
Greek tragedy style? Well, that's exactly what it is! Talk about hubris.
Here's a guy touting an 80% accurate system, who "promises" to get 75% returns per month.
Instead, he loses 100% in 6 weeks.
Don't you think people would want to know about that, to not get sucked into this morass?
Hey, I lost $4000 or so of real money, between the shitty Boomerang trades (80% accurate), and the
subscription fees.
Thank god I stopped it before he went on the drunken bender, losing $8000-10,000 in 11 trading days.
You're certainly welcome to praise his trading room, or his autotrading accounts (which, by the way, have apparently been suspended until he gets his act together), but everything I've written has been the ABSOLUTE
truth, based on Mohan's end of day wrapups, and observations of his trading style in real time.
Hey, I wish he was successful. I would love to see him make 20 points a day. But he's obviously incapable of that.
Instead, he makes 9-11 points 2 days a week, and then loses 26-29 points the other 2 days of the week.
Is that what you expect of a "professional trader"? Especially using a "system" that is supposed to have 80% accuracy? I think not.
I think this guy has never traded live before February 2014.
I have never been to any of the rooms you mentioned and my comments are just general. I don't belittle the loss of your funds, and I am sure you feel strongly about what you wrote, but you must evaluate if such returns that you have mentioned are realistically achievable.
This is a hard game, and many smart people here have shared their journey, their frustrations and what they have done to rectify psychopathology and method. You can learn a lot from that than many outside vendors.
Again, my comments were not about the method that was shared with you, I know nothing about it. Rather, I think you can spend your time on this forum in a better way than vent.
I too made a lot of mistakes in business, life and trading. I take responsibility, don't get angry and turn everything to a learning experience.
I wish you well.
Matt
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Hey, it's not that big a deal, but I just want to warn people to stay away from this person who touts himself as a market "expert", yet trades like an amateur, and has lost an incredible amount of money in only 11 trading days. He charges $250 per month for his trading room / autotrade subscription, and his results are laughable, if they weren't so pathetic. As I said, I removed my funds from his trading before the death spiral, so I'm just an objective observer, but the level of ineptitude is gobsmacking, to say the least, and I wanted to share the objective results of his "trading".
I think he already did...and provided a pretty good analysis of Mohan's trading room as well.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Well, it seems that Mohan has a quite different perception of the results of his trading room (reality) since I received this Email today:
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn