thank you for not removing my post

i will be in his room again next week and will keep the recorder running

i agree

racism has no place in 2020

I have been a member of this forum for a number of years. I have never posted anything because I consider 90% of the stuff here is of little value. This thread is an excellent example of misinformation. However, since there are blatant lies being posted I feel a need to respond.

JonnyBoy 

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 NexusFi administrators do a phenomenal job in keeping NexusFi 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.

The logic of JonnyBoy is fascinating. If a first-time post of a vendor is favourable it must be scrutinized. However, a first-time negative post is considered an honest review. No scrutiny necessary. Go figure.

Here is another profound statement by JonnyBoy

JonnyBoy 

I think this is fair commentary you just made. I do not have the Mbox products, nor do I know anything about this trading room. However, like most traders on NexusFi, whenever a product or website is mentioned/reviewed I am always curious to check it out and take a look at the offerings. From everything I read on the Mbox website, I was 100% convinced the trading room was an Mbox trading room. The cherry picked Twitter posts where supposed members charts are posted, appear to all show the MBox product. I can understand the confusion and it is unfortunate that this isn't made crystal clear to everybody.

Go back to the NOBS twitter feed and look for Emma’s “cherry picked” trades and there are a lot of them. Impossible to miss. Never is there a Mbox tool shown.


I have been in the trading room since February and believe it or not I am not affiliated with the vendor. I am not trying to “swing the pendulum” as so you eloquently describe but I will debunk the obnoxious lies that are being spread here. This is my first post and probably my last as I have no intention in engaging with the people here. It would not surprise me if I get banned for the obvious reasons.

Many people here saying they bought the Mbox software because they saw Mike’s videos where he makes a bucket of money and want to trade just like him, so I assume the purchase was based on greed. This is only an assumption. Apparently, people fail to realize is that Mbox Mike developed that system for his trading style and only Mike can trade that way. No two traders trade the same. The point being is that majority of the people who buy the indicators are not profitable traders to start off with and are under the illusion that the Mbox tools will make them rich. Afterall, they all say they want to trade like Mbox Mike and he never posts losing trades.

I would agree that the web page is somewhat misleading and that the purchase of the apprenticeship is solely a Mbox trading room. Anybody who took the time to read the page thoroughly must have seen that no prerequisites were required. More importantly, it states the less trading knowledge is better. This should have made people think twice as Wyckoff trading requires background knowledge. There is a contact form at the bottom of the page. It requires little effort to make contact and ask for a one-day pass to the room where any questions would have been answered. Amazingly, this actually happened recently, and Matt Bowen advised that person (a doctor) NOT to join the room. Maybe it is on one of the recordings of trader98336262.

I read that people are complaining is about the scope of the trading being taught in the room. Matt Bowen offers a proven trading setup that will make approximately $50,000 annually. The time needed to achieve this is generally 15 months for the average person and requires commitment, discipline, determination, generally just a lot of hard work, day in day out. According to this forum Matt should adapt to all the whims of every trader in the room.
Just to put things in perspective.
Jim Dalton only teaches Market Profile. 1 month course $1099
Al Brooks only teaches his proprietary setup and has a trading room that costs $99/month
John Grady only uses DOM - 2 Weeks of Live Trading + Recordings + Set of Webinar Primer Videos: $1849
Matt Bowen NOBS Trading only teaches day trading based on 1 minute charts with LIFETIME access.
The point is everyone has a different timeframe and trading style and you should find what works with your personality. Personally, what is offered in the trading room is exactly what I sought. It does not bother me at all that the Mbox stuff is not part of the apprenticeship. Honestly, if I can make $50,000 per year, I will be more than satisfied. It is really that simple for me to accept this. I, unlike others on this forum, have no problem with this whatsoever. But then again, I have never had the illusion of trading like Mbox Mike. This makes no sense to me.

The post by trader98336262 motivated me to post for the first time here.

trader98336262
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

Perhaps if you had done your due diligence you could have asked for a one-day pass. I thought everybody was aware there are a lot of scams in the trading world.

trader98336262
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

This is the program they start with. They provide a simple pullback setup with a set of predefined rules to learn the discipline needed to trade successfully. This is where the majority of traders fail, they cannot follow simple rules, argue about everything and trade emotionally. The point Mike Sappington was making that any other indicators on the chart will only be a distraction, which is a correct assessment based on years of experience.
Personally, I like Mike Sappington. Politically incorrect and has a distinct character that is a little daunting in the beginning as he tends to swear and cuss a lot but that is just how he is. He has told quite few interesting stories. Mike has not had a losing day in more than two years, but I doubt if the sceptics here would believe that.

trader98336262
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

This is a false statement. The setup has been proven by professional traders and more recently by one of the members who programmed the strategy to assess it with a reasonably large dataset.

trader98336262
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

That is criticism and it appears you cannot deal with it. The trading rules are quite simple. Other people are also being criticized, one person I admire is Bruno, who always comes back for more despite the continuous verbal abuse. Point being is that the market does not care how you feel.
I suggest you watch a BBC series called Million Dollar Traders (3 parts) and note how harshly the traders there are treated.
Link to part 1:

trader98336262
ive been there four months. i paid for mbox yet havent learned any mbox.

You cannot even trade the basic pullback setup which is much simpler than the mbox. However, there is good news for you. It appears Mbox Mike has updated his site and here is the link to the free training.
https://mboxwave.com/free-training-ongoing-education

trader98336262
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.

Cruel bullies. Seriously, are you a child? What would Matt showing his trade prove?


trader98336262
hes very good at talking about trades after the fact but you never see him talk through a trade properly

Another false statement. Matt talks a lot about the market and calls the market direction, however no trading is done in the room. You fail to mention that he does post trades of his successful students who are making money every day. Most are trading various (advanced) setups, including the pullback setup and some do use the Mbox tools. Others do not need to because Matt has taught them how to read the bars.

trader98336262
matt was saying how the people on this forum are failed traders and are stupid *(insert swear word here)*

I do not remember him saying that but out of curiosity how many traders on this forum consistently make money? Probably less than 5%. Would that make his assessment correct?

trader98336262
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

Please do. Why don't you post them on this forum and let people judge for themselves. I am sure there are a few adults here.

trader98336262
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

You act like a spoilt child saying the room should be shut down simply because you cannot accept criticism and yet you cannot explain the successful traders Matt has taught.
Seriously, do you honestly think $1200 is a lot of money. You do know Mbox Mike trades 10 lots a pop.

trader98336262
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 racism card. I cannot recollect any racist remarks whatsoever. I have been in the room every single day since February. Nothing even close. The strange fact is they have successful (European) traders posting their trades.
I can only suggest you prove your allegation of racism and post your recordings.
Perhaps Matt Bowen can sue NexusFi for defamation of character as they are responsible for the content of this forum.

trader98336262
the whole room is a con and decent people are losing money to these two frauds

Which people? Most are trading a SIM account!

trader98336262
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

An excellent source of honest knowledge. Debatable, perhaps 10%. I consider your post is based on emotions and you cannot accept responsibility for your own failure, so you blame others. Others who have posted here fail at any form of self-criticism.

While I was doing my due diligence about Mbox apprenticeship I wanted to find out as much as I could about out about Matt Bowen. Coincidentally it came from this forum and I suppose it must have slipped past JonnyBoy as he would consider this as swinging the pendulum. I would agree with what is stated the post. Matt has ethics and integrity and he will do all it takes to make the people in his room successful if the person is prepared to commit to his apprenticeship. I should point out that this is my opinion and not a fact for the people who cannot distinguish between the two.

Finally, I suggest anybody reading this thread should be aware of false information being spread on this forum. They are not facts, but opinions based on emotions. Do not believe me. Simply ask for day pass to the room and judge for yourself. You can ask Matt whatever you please, that is, if you have the guts. I am sure Matt will oblige.


Matt Bowen -Indicator Warehouse use BMT indicators_ - Trading Reviews and Vendors _ futures

Stevun 

I have been a member of this forum for a number of years. I have never posted anything because I consider 90% of the stuff here is of little value. This thread is an excellent example of misinformation. However, since there are blatant lies being posted I feel a need to respond. The logic of JonnyBoy is fascinating. If a first-time post of a vendor is favourable it must be scrutinized. However, a first-time negative post is considered an honest review. No scrutiny necessary. Go figure. Here is another profound statement by JonnyBoy Go back to the NOBS twitter feed and look for Emma’s “cherry picked” trades and there are a lot of them. Impossible to miss. Never is there a Mbox tool shown. I have been in the trading room since February and believe it or not I am not affiliated with the vendor. I am not trying to “swing the pendulum” as so you eloquently describe but I will debunk the obnoxious lies that are being spread here. This is my first post and probably my last as I have no intention in engaging with the people here. It would not surprise me if I get banned for the obvious reasons. Many people here saying they bought the Mbox software because they saw Mike’s videos where he makes a bucket of money and want to trade just like him, so I assume the purchase was based on greed. This is only an assumption. Apparently, people fail to realize is that Mbox Mike developed that system for his trading style and only Mike can trade that way. No two traders trade the same. The point being is that majority of the people who buy the indicators are not profitable traders to start off with and are under the illusion that the Mbox tools will make them rich. Afterall, they all say they want to trade like Mbox Mike and he never posts losing trades. I would agree that the web page is somewhat misleading and that the purchase of the apprenticeship is solely a Mbox trading room. Anybody who took the time to read the page thoroughly must have seen that no prerequisites were required. More importantly, it states the less trading knowledge is better. This should have made people think twice as Wyckoff trading requires background knowledge. There is a contact form at the bottom of the page. It requires little effort to make contact and ask for a one-day pass to the room where any questions would have been answered. Amazingly, this actually happened recently, and Matt Bowen advised that person (a doctor) NOT to join the room. Maybe it is on one of the recordings of trader98336262. I read that people are complaining is about the scope of the trading being taught in the room. Matt Bowen offers a proven trading setup that will make approximately $50,000 annually. The time needed to achieve this is generally 15 months for the average person and requires commitment, discipline, determination, generally just a lot of hard work, day in day out. According to this forum Matt should adapt to all the whims of every trader in the room. Just to put things in perspective. Jim Dalton only teaches Market Profile. 1 month course $1099 Al Brooks only teaches his proprietary setup and has a trading room that costs $99/month John Grady only uses DOM - 2 Weeks of Live Trading + Recordings + Set of Webinar Primer Videos: $1849 Matt Bowen NOBS Trading only teaches day trading based on 1 minute charts with LIFETIME access. The point is everyone has a different timeframe and trading style and you should find what works with your personality. Personally, what is offered in the trading room is exactly what I sought. It does not bother me at all that the Mbox stuff is not part of the apprenticeship. Honestly, if I can make $50,000 per year, I will be more than satisfied. It is really that simple for me to accept this. I, unlike others on this forum, have no problem with this whatsoever. But then again, I have never had the illusion of trading like Mbox Mike. This makes no sense to me. The post by trader98336262 motivated me to post for the first time here. trader98336262 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 Perhaps if you had done your due diligence you could have asked for a one-day pass. I thought everybody was aware there are a lot of scams in the trading world. trader98336262 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 This is the program they start with. They provide a simple pullback setup with a set of predefined rules to learn the discipline needed to trade successfully. This is where the majority of traders fail, they cannot follow simple rules, argue about everything and trade emotionally. The point Mike Sappington was making that any other indicators on the chart will only be a distraction, which is a correct assessment based on years of experience. Personally, I like Mike Sappington. Politically incorrect and has a distinct character that is a little daunting in the beginning as he tends to swear and cuss a lot but that is just how he is. He has told quite few interesting stories. Mike has not had a losing day in more than two years, but I doubt if the sceptics here would believe that. trader98336262 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 This is a false statement. The setup has been proven by professional traders and more recently by one of the members who programmed the strategy to assess it with a reasonably large dataset. trader98336262 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 That is criticism and it appears you cannot deal with it. The trading rules are quite simple. Other people are also being criticized, one person I admire is Bruno, who always comes back for more despite the continuous verbal abuse. Point being is that the market does not care how you feel. I suggest you watch a BBC series called Million Dollar Traders (3 parts) and note how harshly the traders there are treated. Link to part 1: trader98336262 ive been there four months. i paid for mbox yet havent learned any mbox. You cannot even trade the basic pullback setup which is much simpler than the mbox. However, there is good news for you. It appears Mbox Mike has updated his site and here is the link to the free training. https://mboxwave.com/free-training-ongoing-education trader98336262 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. Cruel bullies. Seriously, are you a child? What would Matt showing his trade prove? trader98336262 hes very good at talking about trades after the fact but you never see him talk through a trade properly Another false statement. Matt talks a lot about the market and calls the market direction, however no trading is done in the room. You fail to mention that he does post trades of his successful students who are making money every day. Most are trading various (advanced) setups, including the pullback setup and some do use the Mbox tools. Others do not need to because Matt has taught them how to read the bars. trader98336262 matt was saying how the people on this forum are failed traders and are stupid *(insert swear word here)* I do not remember him saying that but out of curiosity how many traders on this forum consistently make money? Probably less than 5%. Would that make his assessment correct? trader98336262 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 Please do. Why don't you post them on this forum and let people judge for themselves. I am sure there are a few adults here. trader98336262 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 You act like a spoilt child saying the room should be shut down simply because you cannot accept criticism and yet you cannot explain the successful traders Matt has taught. Seriously, do you honestly think $1200 is a lot of money. You do know Mbox Mike trades 10 lots a pop. trader98336262 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 racism card. I cannot recollect any racist remarks whatsoever. I have been in the room every single day since February. Nothing even close. The strange fact is they have successful (European) traders posting their trades. I can only suggest you prove your allegation of racism and post your recordings. Perhaps Matt Bowen can sue NexusFi for defamation of character as they are responsible for the content of this forum. trader98336262 the whole room is a con and decent people are losing money to these two frauds Which people? Most are trading a SIM account! trader98336262 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 An excellent source of honest knowledge. Debatable, perhaps 10%. I consider your post is based on emotions and you cannot accept responsibility for your own failure, so you blame others. Others who have posted here fail at any form of self-criticism. While I was doing my due diligence about Mbox apprenticeship I wanted to find out as much as I could about out about Matt Bowen. Coincidentally it came from this forum and I suppose it must have slipped past JonnyBoy as he would consider this as swinging the pendulum. I would agree with what is stated the post. Matt has ethics and integrity and he will do all it takes to make the people in his room successful if the person is prepared to commit to his apprenticeship. I should point out that this is my opinion and not a fact for the people who cannot distinguish between the two. Finally, I suggest anybody reading this thread should be aware of false information being spread on this forum. They are not facts, but opinions based on emotions. Do not believe me. Simply ask for day pass to the room and judge for yourself. You can ask Matt whatever you please, that is, if you have the guts. I am sure Matt will oblige. Matt Bowen -Indicator Warehouse use BMT indicators_ - Trading Reviews and Vendors _ futures

MBox Mike has indeed revised his product offerings and the NOBS Trading Room is NO LONGER being sold with The MBox Wave Trading System. Mike is now including MBox training for free.

Since this thread has evolved from reviews of MBox Wave Systems to a NOBS Trading Room review, perhaps whoever wants to continue on the NOBS discussion should start a new thread with a NOBS Trading Room title? I’d love to get this thread back focused to those trading MBox and how it’s going.

Stevun 

Go back to the NOBS twitter feed and look for Emma’s “cherry picked” trades and there are a lot of them. Impossible to miss. Never is there a Mbox tool shown.

...the same Emma who's Twitter account has been suspended for violating Twitter rules?

Oriole 

MBox Mike has indeed revised his product offerings and the NOBS Trading Room is NO LONGER being sold with The MBox Wave Trading System. Mike is now including MBox training for free. Since this thread has evolved from reviews of MBox Wave Systems to a NOBS Trading Room review, perhaps whoever wants to continue on the NOBS discussion should start a new thread with a NOBS Trading Room title? I’d love to get this thread back focused to those trading MBox and how it’s going.

I agree. If MBox is no longer affiliated with NOBS, then it is no longer relevant to talk about in this thread.

Let's bump this thread back to on topic and Mbox stuff.

JonnyBoy 

...the same Emma who's Twitter account has been suspended for violating Twitter rules?

Nope.

Account is not suspended, her last post was 2 hours ago.

Try again.



Emma twitter

Stevun 

Nope. Account is not suspended, her last post was 2 hours ago. Try again. Emma twitter

Right. Sorry Emma. It was down earlier hence the screen shot. An incorrect tag in one of NOBS posts.

I know someone who also bought the grandfather version and feels cheated. Everyone has to decide BEFORE BUYING, but the cheek is that the complete package can be COMPLETELY rebuilt in SC within a few hours. I tried it for fun and it was easy. So you buy what you already have in SC anyway. Some call it fraud. I do not want to comment further on this.

Monika 

I know someone who also bought the grandfather version and feels cheated. Everyone has to decide BEFORE BUYING, but the cheek is that the complete package can be COMPLETELY rebuilt in SC within a few hours. I tried it for fun and it was easy. So you buy what you already have in SC anyway. Some call it fraud. I do not want to comment further on this.

I am not sure why this particular vendor does not offer a free trial so traders can determine if Mbox is the right fit for them. I believe that a few people have asked but the vendor refused. You can draw your own conclusion as to why. Not his business model I am guessing is one of the reasons.

I rebuilt the product in NT8 as well (I have no experience with SC). I have had many PM requests for it but it isn't IMO ethical to share it. At the same time, if the grandfather package was 50% to 60% less than it costs now, that is probably venturing in to the 'not bad for what you get' territory.

JonnyBoy 

I am not sure why this particular vendor does not offer a free trial so traders can determine if Mbox is the right fit for them. I believe that a few people have asked but the vendor refused. You can draw your own conclusion as to why. Not his business model I am guessing is one of the reasons. I rebuilt the product in NT8 as well (I have no experience with SC). I have had many PM requests for it but it isn't IMO ethical to share it. At the same time, if the grandfather package was 50% to 60% less than it costs now, that is probably venturing in to the 'not bad for what you get' territory.

agreed!