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So Vinny claims 10 years of trading with AMP was just for "research and development" and not to make any money trading?
Was his trading with the "research and development broker" actually "Business Development and Marketing" by selectively posting a few AMP broker statements that show a few days where he made a profit in order to drive Algobox sales?
Thank you very much for sharing. I think it is important to expose these scammers, especially for newbies who still think buying software from someone will make them easy money...
I just hope that they learn something from this experience and don't jump right into the next scam.
So arrogant that Vinny got himself into this situation by suing the other guy instead of dropping it. Similar to ICT where they start to believe their own BS. It was always going to end with Vinny's real trading brokerage statements coming out, not that the results are a shocker to anyone.
I wonder if Vinny claiming that the AMP account is only for research in the protective motion can be used for further subpoenas and discovery. Maybe even criminal charges at some point.
They will remain available. I think anyone can DL the pdf documents from the Dropbox link. They may get a takedown notice before long but the guy is currently shopping for a new lawyer.
1. Vinny is clearly a scammer. All you have to do is watch his videos on YouTube. Anybody can see behind the veil right away. Those that fall for it are most likely very new to trading, and I wish there was more information, like shown on this thread, available to the trading community.
2. The name of Matt Miller ("Trades by Matt" on YouTube) came up on an earlier post as "FYI: I have never heard Matt Miller say something that wasn't true." Here is another scammer. Again, all you have to do is watch the videos. Just as an example, "copy trading" 20 accounts? Not real. Just ask any broker if they will open up 20 accounts for you to trade. Besides, what will be the point? Even the guys at Topstep called him out on that. He is one of those where the money they are making is clearly coming from affiliate marketing (in his case used to be Topstep, and now it's Apex), and from YouTube and other social media.
Actually, copy trading 20 PA's is legit. TopStep is up to 3. Apex Trader funding you can trade up to 20. All of these arguments you are making are covered in their FAQ and have been thoroughly debunked. I wouldn't just take some random person's word for it to try and fit my bias when I can see for myself. Rithmic/Tradovate or Tradovate/NT8. There is a good point to it and it varies by each persons preferred style. For people with a valid reason to copy trade that many accounts, it is simply to take off the psychological pressure and be more comfortable trading smaller size and decrease the risk of overleveragging while still getting an amplified return on your capital. Casper SMC is a prime example. Zuessy is another one. You can also see all the payouts on Apex's website. While I dislike Matt Miller's trading style and disagree with much of the things that he says... he still has made 100's of K's trading using Apex Trader Funding funding platform... He is transparent and trades live every day in front of hundreds, if not thousands of traders. What is wrong with getting paid off affiliate's for a funding firm any way? If he recommends it to people who are interested in getting capital to trade with then that is a win-win. He actually went on tilt the other day and lost a bit, but didn't blow out. It takes a lot of cahoonas to get up there in front of people and do that, so he has my respect for that.
