Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
He was partnered with TI years ago...Franz Shoar stay away. They wacked me for 5k... down the drain. They trade divergences on 2 min chart. stoc and macd save your $$$. I confronted their scam at NY traders expo in 2005 and Felton split with TI. If you search the net you can find their stuff...probably a waste of time reading it. Nothing useful.
Roger Felton was banned from the forum, along with his webinar and indicators.
Mike
) Another was puma avatar "Jaguar Ed" and his beginner's section thread where he was finally also exposed as a sim scammer, but that section seems to have been excised now. (
Looking back I wish I had known the value of spending the first year building positive statistics from the strategies and setups I was learning. Instead, I spent maybe a month or two learning setups and then went into the live market with my account. …
"By far, the most common emails that I receive from persons that purchase trading products is that they cannot replicate the trades from the system vendor or the live trading room. Most people tell me horror stories of how they started off with hope and faith. How they purchased the trading system or magic indicators and then optimistically funded the trading account with $10,000 from savings. They begin trading. And then about a week or two later, they start to notice these tiny discrepancies. These little misses in price and execution. The trading vendor makes $100 on a trade, while they make $75. The trading vendor loses $100 on a trade, while they lose $125. After awhile, the miss in price starts to compound and stack up. The vendor is showing a profit of $800 for the week, while the customer has only broken even. These “degrees of separation” seem insignificant, like e coli bacteria, but they quickly multiply and compound. Eventually this tiny separation in performance grinds the account down, slowly and subtly. But grind it does.
The bottom line is that the trading vendor is riding the simulated results of a magical unicorn. They enjoy every benefit. They eat twinkies and their equity curve slowly moves higher. But the customer, whom is frantically attempting to replicate the results are slowly grinding the account down to zero. Its sad. I hear this exact same story, most every single day."