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So you don't care, and think nobody else does, whether or not the counterclaim and allegations made in it are successful, thereby establishing the claims as fact?
Strange. Especially since you're of the opinion he's a scammer and full of BS, then this is the very mechanism to establish that and provide the basis for future actions.
Have you read the bits and pieces of the allegations posted in this thread purporting to come from a written statement Cowart made?
I'm very interested in whether or not these are established as fact. Especially now that they are public, I hope there's a speedy resolution and finding of fact, which is what a jury does. Why would you prefer this stay in the realm of speculation and hearsay, and assume others navigate their world this way?
I for one am definitely not interested in selectively supporting my own bias. Contrary to your assertion, I doubt I'm the only one.
The lawsuit is just Vinny suing the guy because Vinny claims the guy was trying to steal his business model and the guy wrote to NinjaTrader ecosystem causing Vinny to be kicked out of the vendor program.
My personal opinion is Vinny is probably right about what the guy did, but it's at the personal cost to him of having his real trading accounts to exposed publicly, which may or may not be his undoing.
The reason it may actually not be his undoing is because there's a new trader born every minute, and within 1 year everyone will forget and there will be enough newbies that Vinny will be able to continue his business as usual.
For example, look at financial youtubers like Riley Coleman. ImanTrading did a good video on it, but basically Riley was exposed, then laid low for a few months, and now is back selling his same BS courses again because there's a new trader born every minute and endless supply of beginners seeking out gurus on youtube, just like Vinny.
It's surprising how many characters like him are out there, unbeknownst to us until they pop up on Nexus. The internet is a minefield of such individuals. Buyer beware. Remember, nothing is for free. Put in the hard work and you will reap the rewards.
Steven Dux and Tim Grittani are real stock traders. Their results are certified and backed by broker statements and reviews. Can you replicate their methods?
I suggest reading Nicolas Darvis's How I Made 2 Million in the Stock Market. It's an oldie but a goodie.
Also, I read again yesterday about the demolition I did on Sean Kozok from Goldenzone Trading on this website. I can't believe I put so much time into it. And it was all for a close friend who got ripped off by Kozok 8K. He received 50% back, which is better than nothing,.
PT Barnum's maxim notwithstanding, good ol' Gordon Gekko's will see and raise it to say a fool and his money are lucky enough to get together in the first place.
From the 10,000 foot view, generally, you live awhile and it's not surprising so many people are on the grift, human nature being what it is. What astounds me is how this is enabled by a collective goldfish memory. It allows hucksters to ply their dirty business much longer than necessary.
It's also surprising in this day and age, blinders like hubris, narcissism, and fantasy about their own intelligence can still seduce bad-actors into thinking they can get away with it in the long run.
Maybe back in the day where you could move across the country, or out of country when the heat was finally on. Nowadays, there's simply nowhere to run. You can't live on cash in N. America, and there are records of literally everything. When it come to enforcing and the prosecution of laws and regulations around misrepresentation, ripping people off in business dealings, or going a step further into white collar crime, there is nothing in the private domain any more. No refuge. Everyone has a platform or access to someone who does, and you can't destroy evidence if the powers that be really want to prosecute, because you can't burn, bury or shred the "cloud".
New traders should learn fundamental lessons, before they start, including ALWAYS use hard stops and then take those losses if you're wrong and get ready for the next signal(s).
This example is a good one. A trader may be able to average into losers and eventually come out of it many times . . . until that one time the market won't come back and you blow-out the account!
Did this guy really trade "without a stop?" Did he also try to catch a falling knife without a stop???
That's all the red flags anyone would need to see, IMO.
However, since this guy's past trades have, apparently, been erased from his channels . . . I found one by someone else that's instructive and consistent with the other information we are discussing.
It was apparently erased the day it happened.
PS -- I grabbed this video too (in case it "disappears").
