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So tell me, how many people after learning the basic set-up have started to trade like mBox Mike?
The step-up being taught in the room has noting to do with how mBoxMike trades.
mBox Mike does not use moving averages and he does not engage in bar by bar analysis to enter/exit trades.
Mike.s/Graham etc do not even use mBox in their trade entire/exits yet Matt in his advertising states Mbox indicators among the reasons that lead them to enter/exit trades. This is false advertising.
Again, am not saying the room has no value, am saying the room is not teaching what people sign up for.
It should be made VERY clear that the room is independent from Mbox software. That is all there is to it.
As you navigate more through this site and especially when looking at vendor reviews, there is a particular pattern of postings to look out for. Users that spring to the defense of the vendor in question typically have zero posts or very few posts and are therefore worth a little scrutiny, especially when a bunch of them show up in short succession.
Typically they all go onto provide glowing 5 star reviews, berating other users experiences in the process. The review is generally so skewed in favour of the vendor that it is worth questioning the genuineness of it, especially if it isn't a balanced review or isn't asking valid questions like yourself.
In some cases (like the user ''knuckleheadmovies'' that just got banned) there was clearly something untoward there. The FIO administrators do a phenomenal job in keeping FIO on the straight and narrow. I honestly don't know how they have managed to keep things as professional and balanced as they do for as long as they have.
This is the only trading forum IMO that is worth the time to be on. No other forum can touch the professionalism and passion of the users on here. Sure, heated debates take place in threads but that is because of their passion for trading!
I think you provided some excellent points and it is a pity that the vendor (alleged of course) feel they have to disguise themselves as "just another trader who isn't affiliated with the vendor" and belittle users who provide genuine and honest impressions. Their disingenuous attempts to swing the pendulum in their favour and chide other users genuine experiences, IMO, speaks volumes to the actual authenticity and underlying intentions of the vendor themselves.
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- Trade what you see. Invest in what you believe -
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Lfx987,
Well said !! Being trained on Mboxx is the basis on which I bought both the software and the training. I also feel that their advertising is false. Am in a position where I am slowly adapting the Mboxx software to my way of trading. It is slow, because I am reliant on myself only. That is I am reliant on the publicly accessible videos, NOT any specific Mboxx training with any Q/A capacity etc etc. To be sure, the software is well coded and I do find it helpful, BUT there is no Mboxx training in the grandfather package. I was in the training room for 2 weeks and the previous posts are accurate. It's EMA and VWap on NQ and training one's patience on one specific set up. Mboxx hardly gets a look in and almost zero mentions.
i am new on this forum and i hope my comment on this thread will not be removed
i paid to join matts room about four months ago. i saw the youtube videos then bought the grandfather package thinking i could learn mbox because that is what is advertised on webisite. see this link
wen i was in there the first thing i was asked is if "i wanted to learn mbox" or "i want to make money". matt bowen asked me that. I told him i want to make money. someone named mike sappington then chimmed in and told me to "then take all that mbox shit off your charts" and he went rant about how people think mbox will make you money and thats all you need
i wasnt v happy but i did what i was told and started to learn the pullback setup. this setup is not reliable long term and u can see this because the people who preach it do not do it themselves
when i didnt get the setup straight away i was publically humiliated and berated by mike sappington. when i asked about things like support and resistance levels, both matt bowen and mike sappington would then tell me i was stupid if i thought s/r levels would make me money and that i was thinking too much. i only asked a question
ive been there four months. i paid for mbox yet havent learned any mbox.
i was in the room on friday
matt bowen and mike sappington are cruel bullies. i have been in there four months and i have yet to see a single trade matt has taken himself. not talking about a live trade here i mean a chart with his markings on.
hes very good at talking about trades after the fact but you never see him talk through a trade properly
matt was saying how the people on this forum are failed traders and are stupid *(insert swear word here)*
i believe what i have read above because i have seen it with my own two eyes
i have recordings of the room when theyve been saying this and if i see them cruelly have a go at another person i will consider doing something with the recordings that i have
the room is toxic and shut be shut down for good. no real teachings goes on in there. its seems to me its place for matt and mike sappington to pass the time and berate other traders who have paid a lot of money for training
there are some nice people in there. but matt bowen and mike sappington need to find something else to do because teaching people to trade is obviously something either of them want to do or really enjoy. they also use are very racist to european traders and put difficulties in them learning the trade down to their poor enlgish (rather than the poor training)
the whole room is a con and decent people are losing money to these two frauds
i had not heard of this forum before and have since seen it to be an excellent source of honest knowledge
when i heard matt talk about it i had to come on here to add my comment
admins please please please do not remove this
i noticed when someone searches for "mboxwave review" this is the second listing in google
i want to prevent other people from going to this room and losing their hard earned money
Wow. That is an incredibly honest review, thank you. You do not need to be concerned about this post being removed, it is very apparent this is based on a real person spending real time in the room and proving very valuable feedback. And of course you have recordings of the session.
If FIO was being discussed in the room and then berated then that really goes to show the type of people we are dealing with here. @NinjaTrader have Mboxwave as a vendor, but it appears they do not seem too concerned about the live trading videos not containing any kind of disclaimer. This was pointed out in another thread but to my knowledge nothing has changed.
I hope they would also be interested in Mboxwave's close ties to the website you described. This isn't exactly a good advertisement for them IMO, but I guess we'll wait and see.
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- Trade what you see. Invest in what you believe -
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This part about them being racist towards non English speakers is disgusting and abhorrent. Every time I think we are making progress in this world to eradicate racist behaviour, people like this remind me that we still have such a long way to go. I am glad you have the recordings of them.
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- Trade what you see. Invest in what you believe -
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Just got the grandfather package last night, will paper trade the hell out of this thing before Sunday open and will test it out with MES and once I'm comfortable will be going to ES and using my regular contract size. Will keep you guys posted, didn't even bother with the trading room because of the reviews on this page. Thanks for saving me a grand guys 😁
Edit: wow I didn't even read the previous 3 messages and that's disgusting of them to do and now I'm really glad I didn't get the trading room as well...
Edit: I got 2 PMs asking me the reason and I figured I would just write it in the post to save some of you the extra step of PMing me and saving me from PMing back haha. I got it because I use delta and footprint charting to trade and this kind of simplified it for me. But again I still have to see. As of Apr25th2020 I am not sure. I messed around with it for a couple of hours and I consistently was positive but that's on paper so who knows?