Category: Worst Trading Systems

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Golden Zone Trading

Thanks for reading today’s review of Golden Zone Trading What is Golden Zone Trading? The company is a day trading educational company offering a mentorship program and an assortment of ‘magical’ day trading indicators. Golden Zone Trading is owned and operated by Sean Kozak, currently living in Canada. …

Chris Terry: FX Signals Live and iMarkets Live

Thanks for reading today’s review of iMarkets Live and FX Signals Live It’s not too often that a Forex broker contacts me, asking that I write a review about a Forex trading program. Remarkably, this is exactly what has happened. Generally speaking, Forex brokers could care less if …

Trading123: Automated Trading Systems

Thanks for reading today’s review of Trading123.Net Trading123.net is an automated, futures trading systems vendor that is currently being promoted by the Ninja Trader Brokerage/Ninja Trader Ecosystem. The owner of Trading123 is Patrick Moore, and he claims that his trading system, “Is more accurate that any human trader …

Global Insight Research

Thanks for reading today’s review of Global Insight Research Global Insight Research is a trading signals service that provides commentary and price targets for the SP500, Nasdaq, Russell 2000, Dow, Gold, and Crude Oil. The reports are issued nightly and additional commentary is available via private Twitter feed. …

Pure Financial Academy: 2nd generation hustler?

Thanks for reading today’s review of Pure Financial Academy Pure Financial Academy is a trading educational company owned and operated by Will Busby, out of Atlanta Georgia. The Busby name is certainly nothing new to the trading education scene. Will Busby’s father, Tom Busby has been selling all …

98 Percent Winners

Thanks for reading today’s review of 98 Percent Winners What is 98 Percent Winners? The company is a stock picking service that operates via text message and private Twitter feed. The cost of the service is as follows: $498 for three months of trading signals. $998 for six …

Changes Trading

Thanks for reading today’s update of Changes Trading Another day, and yet another “live day trading room” and trading system vendor is shut down by the CFTC. The website has recently been pulled from the internet, but an archive copy of the website can be found here. What …

School Of Trade and Sideways Markets ***Update***

Thanks for reading today’s update of SchoolOfTrade.com and SidewaysMarkets.com On November 22, 2015, TradingSchools.Org published a negative review of SchoolOfTrade.com and SidewaysMarkets.com. The review was direct, concise, biting, and downright nasty. Over a 3-month investigation period, TradingSchools.Org recorded dozens of hours of highly questionable activity within the “live …

Advanced Trading Workshop, Sniper Scalping School, FTS Financial

Another Highly Touted Trading Room Bites The Dust On September 26, 2016, the CFTC simultaneously charged, co-conspirators Advanced Trading Workshop, Sniper Scalping School and FTS Financial with a massive fraud. The allegations of fraud are deep and ugly. Apparently, since 2012 these guys have been scamming people for …

Wealthpire

Thanks for reading today’s review of Wealthpire What is Wealthpire? The website is a day trading and swing trading educational company. In addition to offering educational products, the company also offers several trading advisories that specialize in stocks, options, penny stocks, and Forex. The cost of these services …

Smart Money Room

Thanks for reading today’s review of Smart Money Room What is SmartMoneyRoom? The service is a live day trading room that is owned and managed by person named Steve DeWitt. The cost of the live trading room is $197 per month. SmartMoneyRoom maintains a YouTube channel at the …

Kongzana Trading

Thanks for reading today’s review of Kongzana Trading What is Kongzana Trading? The trading service is a live, day trading room owned by a person named Valdemar Kazana. The cost of the day trading room is $299 per month. The Kongzana Trading day trading service has been highly …

TradeMasters USA

Thanks for reading today’s review of TradeMasters USA What is TradeMasters USA? The company is a trading system provider that works exclusively on the NinjaTrader platform. The cost of the system is $3,995, with an additional monthly subscription fee of $499 per month. As per Archive.org, the company …

MT Predictor

Thanks for reading today’s review of MT Predictor What is MT Predictor? MT Predictor is quite simply an indicator suite and trade set-up scanner. The foundation of the product is based upon the underlying assumption that Elliot Waves and Fibonacci patterns display a predictive quality. The predictive quality, …

Shadow Day Trading

Thanks for reading today’s review of Shadow Day Trading What is Shadow Day Trading? Shadow Day Trading is a futures day trading room, trading system, and educational product. The cost of the Shadow Day Trading program comes at price tag of $2,698. The $2,698 product includes the following: …

DayTradeToWin

Thanks for reading today’s review of DayTradeToWin What is DayTradeToWin? The company is a day trading education company that is owned and operated by a person named John Paul, operating out of Boca Raton, Florida. A quick search of Archive.Org reveals that the DayTradeToWin website came online in …

Glenridge Capital

Thanks for reading today’s review of Glenridge Capital What is Glenridge Capital? Glenridge Capital is the latest scam developed by Oren Shabat Laurent,  a United States and Israeli citizen.  Currently living in Tel Aviv, Israel. Oren Shabat Laurent is the founder and owner of Banc de Binary.  On …

Trader Insight

Thanks for reading today’s review of Trader Insight What is Trader Insight? Trader insight is a trading educational company that offers several downloadable trading educational courses, as well as several live trading services. The website is owned and managed by Adrian Manz. A quick review of Archive.org reveals …

Profit-Forex Signals

Thanks for reading today’s review of Profit-ForexSignals.com What is Profit-ForexSignals.com? The company is a Forex auto trading service that markets aggressively on MyFxBook.com. The company supposedly offers fully audited, and 100% verifiable trading signals that can be auto traded through various Forex brokerages. Profit-Forex Signals offers trading signals …

Binary Book

Thanks for reading today’s review of Binary Book What is Binary Book? BinaryBook.com is a binary options trading website that allows a person to invest in “Yes or No” Binary Options Contracts. Before I get into the meat and potatoes of this review, it is important that I …

12TradePro.Com

Thanks for reading today’s review of 12TradePro.Com What is 12TradePro.Com? The company is owned and operated by a person named, “Sam”. He refused to give his last name for this interview. The website has been in existence since January, 2013, as per Archive.Org. The company maintains a web address …

Top Dog Trading

Thanks for reading today’s review of Top Dog Trading What is Top Dog Trading? Top Dog Trading is what I would consider to be a “legacy” trading educator. These are trading educators that have been around for at least 10 years. The owner of Top Dog Trading is …

Virtnext

Thanks for reading today’s review of Virtnext What is Virtnext? The Virtnext Application is an automated trading system that specifically trades binary options in the stock market. Before I get into the meat and potatoes of this review, I think that it is important to note a couple …

Indicator Warehouse

Thanks for reading today’s review of Indicator Warehouse.com What is IndicatorWarehouse.com? Indicator Warehouse is a suite of trading products that are specifically designed to work with Ninja Trader. The suite of products includes the following stand alone indicators that can be purchased individually: 1-2-3 Wave Counter $397, Alert …

Woodies CCI

Thanks for reading today’s review of Woodies CCI What is Woodies CCI? Woodies CCI is a group of trading websites that specifically market different variations of one very simple trading indicator, the CCI or Commodity Channel Index. The indicator, according to Investopedia was originally developed by Donald Lambert, …

Trade For Jesus

Praise God and hallelujah for today’s review is Trade For Jesus! Thanks for taking the time to read today’s review of TradeForJesus.Com. What is Trade For Jesus? Trade for Jesus is a day trading software program that runs on Ninja Trader and can also be used as a …

Viper Trading Systems

Today’s Review is Viper Trading Systems Viper Trading Systems is a live day trading room hosted and moderated by Charles Boyle, Gary Donahoo, and Richard Straiton. The cost of the live day trading room is $399 per month, which includes a group of indicators with fancy names like …

Oil Trading Academy, Code Trading System, and Emini Trading Secret

Today’s review is Oil Trading Academy, Code Trading System, and Emini Trading Secret, day trading systems introduced by David Kuvelas. The system is a designed to run and execute on the Ninja Trader platform, the cost of the system is $600. What is the system? In a nutshell, David …

Market Delta Review

Thanks for reading today’s review of the Market Delta Trading Room. What is the Market Delta live trading room? Market Delta is actually not so much a trading room, rather it is a software program that specializes in trading off of the footprint chart. I have known the …

OEX Street and Absolute Day Trader

Today’s review is OEX Street and Absolute Day Trader OEX Street and Absolute Day Trader is a futures day trading signal service. There are three systems available for lease. The logic for each system is not disclosed, nor is the logic available for purchase. The owner of the …

Templeton Trading

Thanks reading today’s review of Templeton Trading. What is Templeton Trading? Templeton Trading is a prop trading firm, that describes themselves as the following: We provide brokerage services for traders looking to trade U.S. Stocks but don’t have $25k to meet the PDT rules. We noticed this is …

Better Trades

Thanks for reading today’s review of Better Trades, a stocks, futures and options trading educational company. This is one of the wildest and wackiest companies I have ever written about. The history of this company dates back to 1998, when Freddie Rick, a self described war hero, came …

Ace Trades Review

Ace Trades Review Welcome and thanks for reading today’s review of a day trading room and educational advisory that goes by the name Ace Trades. The Ace Trades trading room offers three items for sale. A “Gold” package that costs $3,500, a Platinum package that costs $5,500, and …

Profit ly Fake

Is Profit ly A Scam? Yesterday, I posted a review of Profit.ly. If you are unfamiliar with Profit.ly, then please read the post that contains information on how I gamed the Profit.ly trade verification system with the intention of becoming the worlds worst trader. In a very short …

EminiMoney Review

Today’s trading review is EminiMoney.com. A day trading system and day trading room owned and operated by a person named, “JC”. I am not really sure whom this person is, nowhere on the website is there a first name, last name, address, or any sort of identifying information. …