B12 Trader Review

B12 Trader
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
4.8

Summary

B12 Trader is completely open, honest, and 100% transparent. All trades verified with authentic account statements. The trading advisory is well managed, with all signals very clearly stated and easy to follow. Extremely reasonable price at only $39 each month. An add on educational product that coincides perfectly with the trading signals. High quality service. Great for newbies.

Sending
User Rating 3.83 (12 votes)
Comments Rating 5 (1 review)
Pros: All performance history verified with authentic account statements. Long track record of success and consistent performance. Easy to follow trading advisory. No "low float" stocks, only broad based EFT's. Moderator practices what he preaches. An excellent option for newbies. High quality accompanying educational product.
Cons: Swing trading usually takes a bit larger account size.

Today’s Review is Jasen Baker of B12 Trader.com

What is B12 Trader? B12 Trader is a stocks swing trading signal advisory that specializes in only 12 distinct ETF’s, or exchange traded funds. The trading program is designed from a global macro perspective, the main idea of the B12 trading system is to trade a broad spectrum of companies and commodities, across many different global markets. In a nutshell, this is not a traditional stock picking service, rather this sort of trading attempts to highly diversify positions and spread risk across many different companies through the use of Exchange Traded Funds. This might sound confusing to some, however the idea of broad diversity is an idea built upon a solid foundation.

The owner B12Trader.com is Jasen Baker. Who in the heck is Jasen Baker? Jasen is a cloud solutions engineer for Google, located in Palo Alto, Ca. Jasen has been trading the markets for over 20 years,  and has a long history of proven success. Over the years, he has built a tiny trading account into a really big trading account. He has perfected his trading methods twofold; firstly he has fine tuned a macro approach to the markets that just plain works (I have proof-Account Statements), and secondly he has also fine tuned the teaching of his method by being the resident “stocks guru” on the Google campus, also known as Googleplex in Palo Alto.

Google CampusWhat is really interesting about Jasen is that he teaches a stock trading class at Google. There are a lot of really smart people that work on that 5 acre campus, and many of those very brainy people also attend his trading trading class. Its one thing to go onto the internet and proclaim yourself a stock trading guru, its an entirely different thing when you are teaching fellow engineers at Google how to play the stock market. As you can imagine, giving stock trading advice to fellow engineers at Google could quickly become a sticky situation if Jasen was losing everyone’s money! However, Jasen is perfectly comfortable getting up in front of room full of brainy computer engineers because he has a proven track record of excellent performance.

Marketing Disclosure

Before I get into the meat and potatoes of this review, I think that it is important that you know that I have formed a marketing agreement with Jasen. If any of my readers purchase something from Jasen, then he is paying me 25% of the gross sales volume. Some of you might be turned off by this arrangement. However, B12 Trader will now be only the 3rd person that I am willing to advertise on TradingSchools.Org. The first would be Google, then TopStepTrader, and now Jasen Baker of B12 Trader. In addition, I will also be trading right along with any subscribers. It would certainly be fair for you to look at this review with a jaundiced eye, and be cynical of my cheer leading. However, after reading the amount of vetting, research, and effort that I have put into checking this guy out…hopefully you will understand why I feel this is service is worthy of at least a closer look.

Performance Disclosure

When it comes to trading. All that really matters is performance. Jasen contacted me this past June and asked that I write a review of his service. I was blunt honest with him and told him that my review could very well backfire. As many of my readers know, I am the nastiest of reviewers. The stuff I write can be downright cruel and I told Jasen that the review is going to feel like someone has rifled through is underwear drawer. He just laughed. In fact, he commented that he has been reading the TradingSchools.Org blog for several months and felt it has been a long time coming that someone has the guts to call out the many trading frauds and charlatans that occupy as much web space as internet porn.

Jasen also explained to me that since he officially went public with his subscription trading service, that he was having an extremely difficult time being discovered. There are quite literally thousands of stock trading guru’s, all offering the riches of King Solomon, and that he felt like a tiny voice struggling to be heard in a vast ocean of trading guru nonsense. We both agreed that I would attempt to elevate Jasen a few pegs up the ladder of BS (or down), and hopefully he can start getting some of the recognition that he deserves.

On a side note, when I began the TradingSchools.Org blog, it was my hope that I would be able to clear out some of the scammers and useless noise makers, and make room for the legitimate vendors to rise up through the cacophony of marketing noise. Slowly but surely, I believe that I am making forward progress.

OK, so lets talk about Jasen’s trading performance. In speaking with Jasen, I was crystal clear that I was not interested in any sort of customer testimonials, I was only interested in verifiable account statements from a legitimate stock brokerage. Jasen was more than happy to oblige my request. However, I have also had vendors send me photo shopped brokerage statements that were outright fraud. And so Jasen and I agree that he would screen share with me, and then we would log into his account at Fidelity, downloading all of his statements since the inception of the account. This was the only way that I could be completely sure that everything was absolutely accurate and above board.

I have two sets of results. The first set ranges from December 2014 to August 2015, this set represents the starting date of the B12Trader.Com advisory service. The second set represents prior years. However, for posterity sake we felt it best to detail every single trade going back to December 2014 to present, this was the actual start date of the B12 advisory. Prior years would simply be presented as an annual percentage of returns.

From December 2014 through August 2015, Jasen has traded an even $20,000 per trade, for each ETF position. December 2014 to present are the standardized amounts and give a very clear and accurate picture of performance. Prior to 2015, Jasen traded non standardized amounts and the performance summary is best represented in % of returns on account. So lets now take a look at December 2014 forward. The following is a spreadsheet of the trades that were downloaded directly from Fidelity.

https://docs.google.com/spreadsheets/d/1gNrwyM1kJBcJ6WGKTMsw5uFoY5JAIDhsO57gHrWMCeM/edit?usp=sharing

Trades Displayed By The Month

2015-08-25_23-23-58 2015-08-25_23-24-31 2015-08-25_23-25-13 2015-08-25_23-25-45 2015-08-25_23-26-09

As you can see, these numbers look very impressive. In particular, what I like to see are the low levels of draw down, and the consistency in the monthly income. For me, I live off my trading account, and having something that produces consistent monthly income is a huge plus. And, the trades are evenly placed throughout the month, without huge commissions paid to brokers.

Another thing that I really like about this style of trading is that I am not glued to a monitor all day long. All trades are entered on the open. In additional to a simple order entry, each order comes accompanied with exact stops and profit targets. I don’t need to be check my email for intraday alerts and special situations. This is a low stress form of trading.

Finally, I really like that he is trading broad based ETF’s which cannot be manipulated with front running schemes. One of the worst such front running schemers would be Jason Bond of Jason Bond Picks, you can read about his front running scam here.

What about prior trading histories?

In reviewing Jasen’s previous years of trading, its also model of consistency and smooth performance. Annual returns ranging from 22% to 180% over 8 years, without the big nasty draw downs that are difficult to emotionally weather.

What markets does Jasen trade?

The B12 trading system covers 12 unique markets, across 12 different asset classes and international markets. All of the following are ETF’s.

  1. SPY or the SP500 tracking stock
  2. TLT which tracks the 20+ Treasury Bonds
  3. IYR which tracks over 100 U.S. Real Estate Companies and REITS
  4. EWZ which tracks 85% of Latin American Markets
  5. FXI which tracks 25 largest stocks in China
  6. VGK which tracks 15 largest stocks in Europe
  7. PIN which tracks the 50 largest stocks in India
  8. EWJ exposure to 85% of the Japanese Stock Market
  9. RSX exposure to 50 companies across different industries in Russia
  10. EEM exposure to emerging growth companies in China, South Korea, Taiwan, Brazil, South Africa, India, Russia, Mexico, Malaysia, Indonesia
  11. GLD which tracks the spot price of Gold
  12. FCG expose to 30 companies in the Natural Gas Industry

Why does Jasen focus on broad based ETF’s?

Jasen believes that trading in individual stocks is a recipe for disaster. What happens if the CEO lies about earnings? Or if a company has a surprise announcement that shifts the price up or down 50%? These types of scenarios are to be avoided. Instead, he believes that broad based ETF’s mostly avoid price shock and display simple and easy to identify trends. Jasen goes by the thesis that there is always a bear market, or a bull market, somewhere in the world. You simply need a plan to take advantage of global macro trends.

Another thing I like about Jasen’s method is that he is only looking for trades that are screaming off of the chart. The chart should be begging to go in an obvious direction. Anything less should be avoided. Simply follow the big money as it flows around the globe, identifying the major global macro trends and just plain go in the prevailing direction of the major trend. Simplicity is the key.

B12 Educational Product

In addition to the daily signal service at a monthly cost of $39, Jasen has also created a series of .pdf’s and videos that describe in exact detail how each trade is selected. Normally, I am not very high on educational products, however Jasen presents a set of exact rule sets for both long and short side trades. I watched all of the videos and read the trading manual and found the information valuable and dovetails perfectly with the nightly trading advisory. The cost of the educational product is a very reasonable $399.

In speaking with Jasen, I asked him some particulars of the how and the why of the educational product. He explained the educational product is exactly what he teaches on the Googleplex to fellow Google employees. The opportunity to sit with real people and speak with them directly, one on one, has really refined his approach to teaching his method. A lot of the trading products that I see on the market are just a bunch of technical indicators with some hastily written explanations regarding chart patterns. However, Jason breaks the material down into modules complete with real world examples of trades taken with the B12 advisory service. The educational product dovetails perfectly with the advisory.

One of the interesting questions that I asked Jasen is the WHY? Why is he doing this stock trading education and advisory service? I mean really, the advisory at a cost of $39 a month is a pittance. He certainly is not going to get rich from this. He gave me a pretty lame reason, “I like to teach, its fun”.

Another thing I found interesting is that nearly all of Jasen’s current B12 subscribers are fellow employees that work with him at Google. What would happen if his advisory starts losing boatloads of money, wouldn’t this create a really bad work environment? He explained that he has been doing this for so long, and had so many years of success, that he is supremely confident that his robust approach will continue to stand the test of time. I felt OK with that answer.

A Market Crisis

I began writing this blog post about August 15, 2015, at the time I began this article Jasen was up about $5,000 for the month. And then we had the big crash of stocks that commenced on August 21, 2015. I was really interested to see how he handled this market crash. Truthfully, it was fun to read his nightly market reports complete with the trades heading into the next trading day. Jasen had one of his worst trades ever…he took a short in the Chinese stock market, only moment before China announced a surprise rate cut. He got smashed on the trade. Did he hide and simply move onto the next trade? No, he actually sat down that evening and sent out a very good blog post on dealing with greed and how to take a big loss from an emotional perspective. I do enjoy reading his blog post. Lots of good information.

Wrapping Things Up

I would like to wrap this blog post up with an observation regarding swing trading vs. day trading. Over the past 10 months, since I began writing these trading reviews, and covering this crazy world of trading educators, I have noticed something very obvious. The most obvious thing I have noticed, observed, and written about is that swing trading appears to be the most reliable form of trading. Not only is it cheap and relatively easy to learn, but the performance of swing trading advisories is generally better than the day trading advisories. In particular the learning curve. Swing traders tend to take a more simple approach to the markets, free from fancy day trading indicators that are just as likely to lose or win. Swing traders tend to focus on larger overall trends that just seem easier to capitalize upon.

Another thing I really like about swing trading is that a person does not need a fancy software package with high monthly fee’s, and fee’s associated with real time intraday data. Most newbie traders seem to believe that they need to have a finger plugged into the flow of even the most minutia of price fluctuation, as if this is going to help them take small scalps for quick and easy profits. However, I am discovering that the shorter a time period that person chooses to trade, then the higher probability of failure.

Lastly, another positive benefit of swing trading is the time commitment. For my own personal trading, I am increasingly moving away 5 minute bars and am now putting more focus on daily bars moving in an obvious trend. For me, the move away from intraday and the frenetic checking of intraday prices has been a real improvement to my mental health. As well as gives me more time to write these reviews and do other things I find enjoyable.

Well that’s it for now. Also, Jasen offers a free two week trial, no credit card required. This should give you a bit of time to observe and ask Jasen questions and see if this style of trading is a good fit for you. And please don’t forget to leave your comments below. Even the haters and trolls will find that their voices are heard.

 

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143 Comments on "B12 Trader Review"

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Jasen Baker
Member
First, I am not a financial advisor so I am not making recommendations. Second, do not blindly follow my trades. My intention was to show all of my trading activity in real market conditions using the strategies I teach in my educational series. You learn nothing from blindly following other traders. You might as well hand your investments over to a hedge fund or mutual fund provider because that is what their job is. When you blindly follow another trader you aren’t developing your own trading personality. You aren’t learning how to adapt and you could be following trades that… Read more »
David G.
Guest
Not sure why you guys are so excited about this service… if you take Dec. out of the mix, as it was obviously an exceptional month… this service generated about $4500.00 over 7 months… and that is being generous! That’s barely 900.00 a month… and you plan on using this to make a living??? Additionally, I notice a few times where he opened as many as 3 positions at the same time… that’s $60,000.00 required IN buying power… and that doesn’t take into consideration that at the time there may have still been other positions open… that would require even… Read more »
Colin Unger
Guest
Colin Unger

I don’t think it would be an accurate practice to just remove the best month from the numbers. Perhaps a more accurate procedure would be to remove his best and his worst month.

doc
Guest

you are very trading wise and well informed.

liked your post.

nakachalet at gmail dot com

Pekelo
Guest
OK, what am I missing here? Jason had an excellent month way back in 2014 December, and since then he has been going sideways or down. That is not a profitable trader in my book. But let’s break it down: For 2016 he is down -13K. For the last 12 months he is down -7K For the last 16 months he is down -6K In fact he is only up since inception because of that very good 2014 December return, but anybody who subscribed after that month should be down. So why is this one of the highest rated systems… Read more »
Pekelo
Guest

Revisiting the performance 6 months later:

Jason’s system is up 25K in 2 years, that is 12.5K per year on a close to 400K account. That is a 3+% annual return, nothing to write to home about.

But this year’s YTD is breakeven, and the market is up 10%. Now if you throw in subscription fees and commissions, you have a loss for this year.

And this is the best system on tradingschools….

Rob B
Guest
That should tell the wise something about Day Trading and other vendors out there running trading rooms. Hint Hint. The wise will get it. But there are plenty of Day TR that will tell you how they are making 30% a day, that is until you try and lose every single day. In fairness, for most TR you can not make any true assessment as all there stats are fake. So first you have to actually find TRs with honest stats which is like 1 in a million. Then you would have to compare to their bench mark assuming you… Read more »
Christopher O\'Donnell
Guest

Dear Emmett,
Thank you for your excellent site.
Questions re B12
(1). Assuming $20k per trade, how much capital would you need per month to trade B12
(2). Does B12 require any management of trades during trading hours? You state that you get signal alerts prior to trade open. On B12 site they mention something up alerts to manage trades during trading hours.
(3). Is is possible to autotrade B12 signals?
Regards,
Christopher

Jasen Baker
Admin
Hi Christopher, I’ve changed from a fixed $20k per trade to a dollar risk level per trade. I don’t want to risk more than $1,500 in possible loss, so my maximum position size will be $20,000 as long as my stop doesn’t account for more than $1,500. However with the recent volatility of 2016, I’ve taken my trade size down to as low as $6,000 in some cases, with very wide stops, still account for a $1,500 loss. It has increased my win % dramatically and dug me out of the whole I got myself in earlier this year. The… Read more »
Gerry
Guest

I noticed the addition of directional options plays in the recent months. But I have never traded options before – is this something covered in your educational program?

Vlad
Guest

The likes of Kavan or Jason Bond are an utter disgrace to trading. The sooner people become aware of it and legitimate vendors rise to take their places, the better.

Stray Dog
Guest

We apologize for the technical difficulties and once again return you to comments about “www.b12trader.com”

Rafal
Guest

I have recommended myfxbook in previous comments but I have found something that forces me to retract a bit:
https://youtu.be/XQTx1DYSy8Q?t=1m29s

Stray Dog
Guest

Rafal,
B12 does not trade currencies so comments about myfxbook don’t apply. If you want to see his results just ask him.

Goagal
Guest

Or … join B12Trader free for 14 days and replicate Jasen’s trades, and see if you get similar results with the ones he reports.

Rafal
Guest

Ok, sorry. I just wanted to discuss trading products/scams in general. It wasn’t intended to specifically about B12. Maybe I am on a wrong forum.

Stray Dog
Guest

Emmett how do we let Jasen know that we’ve joined his service because of you?

Colin Unger
Guest
Colin Unger

Do you need his training in order to profit the way he does or can you get away with just the membership fee?

Jasen Baker
Member
Hi Colin, it all depends on your level of trading experience. I publish every trade I make and why I’m making it. I may use terminology or concepts you aren’t familiar with. My trading personality may not quite match yours. However my educational series does teach techniques (aka the B12 Trade Confidence Scale) that can be adapted to different trading personalities (shorter vs longer term) (aggressive strategies vs less aggressive) (leveraged ETFs vs non vs stocks) and finally, frequency. I spend 15 minutes each day looking for new trades, you may only want to look for trades once a week.… Read more »
Ron
Guest

Hi Emmett. You said you don’t think you’ll get rich on this but if Jasen has 10,000 followers and you have sent 2000 of them to him. That’s a nice slice of the pie. Nothing to scoff at.

Adam
Guest

Will be interested to see his returns for August, inclusive of the China trade. Thanks for bringing this service to my attention.

Barrymore
Guest

This looks great….an ETF service for about $1 per day! AND positions are entered ON THE OPEN (market on open) meaning we can enter it in before it opens the night before. Also there are SET STOP and TARGETS…Count me in! Sounds better than Kcapital where there are NONE of these and that means NO oddly timed entries and possibly no trade matching due to extreme latency.

TraderTom
Guest
8 months history is not enough to evaluate B12’s trading system. You made a vague statement regarding the last 8 years annual returns range from 22% to 180%. The previous 8 years returns are very important …..Can you be more specific? Maybe you can state each monthly return for the last 96 months or at least the each annual return over the last 8 years. As an example Collective2’s website has many systems with great “short” histories that seem to loose money as soon as you subscribe. I found nothing dishonest about Collective2. Collective2 just seems to have very poor… Read more »
Joel
Guest

I completely agree with this comment. Emmet can you at least confirm the % yearly return for each of the other 5 years?
Thanks,
Jay

David G.
Guest

BTW… my math was erroneous… it was barely 600.00 / month !

Roger
Guest

Nice. But i want to know. Apart from the spreadsheet, does he show his own P&L or positions statements ?

the guys at LiveTraders.net do a great job of showing both spreadsheet as well as their Positions. Check this screenshot i got from their social media http://i.imgur.com/x0ukAku.jpg

Jasen Baker
Member
Hi Roger, I am trading every trade that I post. I will personally take larger position sizes than $20k because I like to try and compound previously profitable trades. The $20k reported on the site is a benchmark so people can quickly compare the percentage gains to their position size. Not everyone can play $20k per position, but they can see the % returns on the trades. A $10 return on a $5k trade is still $500. I want to see traders focus on % returns, and not dollars. High % returns is a more universal benchmark since it can… Read more »
doc
Guest
hi j i went to your website and enjoyed your posts and charts. however, there was no timestamp of any of your entry nor exit shown on your trading charts. just like to know why you are not showing your subscribed members, your real live timestamped entry and exit charts which is not difficult to post for all to see for transparency sake? and to show that your daily charts and your reported daily trades and daily profits are all in perfect harmony? love to see that before signing up. thx though for everything shown to date, very interest and… Read more »
Rob B
Member
I think for swing trading you need to see longer term performance and how they perform during bull and bear markets. I disagree with the comment about livetraders.net. I am trying their room right now and so far it is seeming a bit smoke and mirrors to me. They do not show their live trades on the charts or the DOM. They post their trades. The results they show are not real. If these guys are real then show your DOM every second showing P/L. These rooms have every excuse in the world why they do not show their DOM,… Read more »
Rob B
Member
Emmett, I have a question on how you do your testing. In a room like LiveTrader.net where they post the exited at price X and by the time it is posted the price is already below X and the bid and ask spread is large. Do you just close out at market or what is your trade logic. I would be very interested in you posting your actual live trade results in comparison to the theoretical trade results they post each day. Anmol might be a real legit profitable trader, but without showing his DOM throughout the trading day and… Read more »
doc
Guest
@rob like your comment dated 2015-09-29 above, saying: ….I would be very interested in you posting your actual live trade results in comparison to the theoretical trade results they post each day. Anmol might be a real legit profitable trader, but without showing his DOM throughout the trading day and then showing those ridiculous hypothetical results who really knows. And worst those results are constant $1000 risk even though that would mean buying large shares on a low volume stock. may i also add my observation as well in that line of thought, pls: (from previous post above somewhere)…. ….just… Read more »
Stray Dog
Guest

And now we return you to comments about b12trader.com

Christian
Guest

At this amount of money and effort I would rather trade Joe Ross’s IIG.

Colin Unger
Guest
Colin Unger

Does his service require you to be available to make trades during the trading day?

Christian
Guest

No. It has 8-12 trades per month.

Sammy Costa
Guest
Sammy Costa

Thank you for the work you do. It is a great resource for many people.

I was curious as to whether or not you have a review in the works for livetraderpro.com. He seems to make some good calls, but I am not convinced he is making any of the trades he is calling out. He does not post HIS performance on his website. Thanks.

Sammy Costa
Guest
Sammy Costa

Oh, and Bulls on Wall Street, too. I think this guy is the real deal and it would be good to see a comprehensive review of his service.

Mike
Guest

Livetradepro is another fake! 1/10 of his stocks go up 5-10% and he brags about it on his website and on stocktwits but never mentions all the losers. No DOM and no statements either. I’m positive he doesn’t even trade and is making a nice living of the member fees.

Sammy Costa
Guest
Sammy Costa

Thanks Mike.

I figured I would try him for a month and came to the same conclusions you have. I have only taken a few of his trades (the ones I liked) and have done ok with them, but I, like you, am highly suspicious as to whether or not he even trades. I suspect he doesn’t.

Alessandro
Guest
I tried Livetradpro for a while. You’re absolutely right Mike that he doesn’t take the trades himself. It’s impossible to take all his trades unless you’re always in the chatroom and have some decent money to begin with. He advices having 4-6 positions open max at any time but then might have 8-10 open positions at any time. So you can’t take all trades. He sets stop limits at 1.5% max loss for every trade which makes the losses small. But most positions end up stopping out or break even. I found that if you don’t catch that 15-20% stock… Read more »
Stray Dog
Guest

It doesn’t seem to be too much effort to me. From what I’ve read on B12’s site his system is aimed at people who can’t be in front of a computer during market hours and who aren’t planning on giving up their day job to become full time traders but who want to beat the market returns. I appears to do that.

Colin Unger
Guest
Colin Unger

I’m considering a strategy of diversifying but trading all trades from kcapitol investments and b12trader. When employing this strategy you’re going to have few months in which you take losses.

Thoughts?

Roger
Guest

Well thats not really a strategy, You are just following 2 services. Following almost never works

Colin Unger
Guest
Colin Unger

I’m not talking about following exactly but using the sites for trading ideas and adapting to your own personality. With swing trading as long as you’re provided with the complete setup and strategy ahead of time you actually can get in and enjoy the benefits of a guidance service. While you learn and adapt. Personally I work more than full time so right now I don’t have enough time to research my own setups.

trader
Guest

@Sammy
bulls on wall street is full of bullshit

trader
Guest

LOL……..Stray dog

What room do you trade at.

Stray Dog
Guest

Yeah I felt that the comments had the potential to get right off track but I confess I bought Jasen’s education materials and got the 3 months subscription as part of it. I don’t have much (any) use for trading rooms because my part of the world is asleep while you guys are trading.

trader
Guest

Good day mate……

Stray Dog
Guest
And G’day to you too. Regarding trading rooms watchhimtrade.com has one for $6 a month but it’s mostly options traders. BMan alerts has a free trading room but it’s mostly cheap rubbish stocks. I don’t get much out of rooms, except a bit of friendly banter. I’ve found more success by following a few stocks and getting to know their behaviour than by trying to find the next hot thing every day. I don’t want to deal with anything that has light volume and I’ll take trading stocks with more predictable moves over the potentially greater moves in volatile thinly… Read more »
Gary
Guest
YTD, Jan-Aug, he made a little under $7500. He’s trading $20k per position, and in a quick scan I see several places where he had 5 positions open. So he made 7.5% in 8 months, which compounds to about 11.5% per year. Which is OK but not very inspiring. But Emmett says the past results have ranged from 22% to 180%. So either… A) ~1%/month is typical, but giant winners like December are common and pull up the annual performance considerably. Which raises the question if it’s typical to have an 8-month spell of “ordinary” performance. B) Jasen is having… Read more »
Colin Unger
Guest
Colin Unger

I don’t think Bear markets really effect his style very much. He trades a lot of inverse eft’s like how i made 400 dollars on my first day with him trading dwti.

TJ
Guest

how long did you stay in the dwtl trade? I am talking the trade that you made 400 dollars on. do you still use his system ? thanks for your time and efforts . Taj

Jason
Guest
Hello John, Your point is well taken. However, the reasons for not posting performance past results are not as nefarious as you suggest. Let me explain. 1.) You say my main reason for not posting historical results is that they can be easily manipulated. While that is one of the reasons I don’t post, the main reason is that it does not matter what I do, it only matters what YOU do. Specifically, I have untold examples of people who tell me, “I got the losers, but didn’t catch the winner”. And like I have mentioned before, the reasons are… Read more »
Stray Dog
Guest

What the hell was that all about?

RV
Guest

Looks like Jason of Oil trading group responded in the wrong location.

=RV

todd miller
Guest
todd miller

are there any good rooms out there to make people money, reading all the reviews here doesn’t seem so

Colin Unger
Guest
Colin Unger
There are a couple of good ones for swing trading i’m aware of through experience. or at least my experience so far. Unforgettably i don’t believe they would pass emmit’s standards in terms of proving their trade history ect. The ones i’m speaking about are livetraders.net (swing trader’s newsletter. I have no experience with their day trading room) and thecontrariantrader.com. I’m getting good results with them. Have only been with livetraders.net newsletter for a month though but i’ve been following thecontrariantrader.com for 6 months and he’s got a winning formula but certainly doesn’t hold your hand and you need to… Read more »
Hommie
Guest

contrarian is a good talking head, quickly checked his service and all suggestions went against him (NFLX, USD etc). That’s the magic of market – it moves against common expectations and good justifications. Same with technical analysis – it stops working right when you enter the trade. In these markets, i recommend short time frames, actually the young Kevin service, newly reviewed, offers probably the best approach in nowadays market.

Hommie
Guest
99% of rooms are making money.. for themselves:) why would they do it? they know trading is hard, risky and time consuming. it’s better to cash out off the crowd. even the traders who were successful before set up rooms for the sack of retiring (i.e. not trading anymore). simple like that. b12 is a nice guy, he needs to make his entries more realtime, it’s not good to try to build positions at sod. i don’t like he is bullish on RUSL and bearish on SPY, why they have same direction most of the time. forget 15min trading per… Read more »
DGDye
Guest
From what I’ve observed, the best traders on the planet don’t run trading rooms or services. I know a few guys who’ve averaged triple digits for multiple years and amassed immense wealth on their personal accounts. They have zero interest in being responsible for the returns of outsiders. Interesting, however, that they all confirm the old cliche that a trader’s worst enemy is himself. For example, one of them built up a massive short position before August 24 (Black Monday) and made a killing, but in the weeks leading up to his jack pot, his account was showing a 7-figure… Read more »
Robert Larsen
Guest
Robert Larsen
Emmett, time for a reality check. The trades reporting on the B12trader web-site appears to be spot on, so I loaded the performance results into a spreadsheet for evaluation. The December 2014 profit of $18k+ seemed out of line with any other month reported, so I opted to start the evaluation with the 2015 calendar year. If you would have started trading the system on 1/1/15 with a $100,000 account, which would be the minimum required to take up to five $20,000 positions, you would have been $11,744 underwater by 3/27/15. An equity peak of $109,468 would have been reached… Read more »
DGDye
Guest

Robert,

I agree with your analysis. However, we have to be careful as some of the best traders in the world (e.g. Soros) depend on the fat tails to make virtually ALL of their profits. The percentage of wins is a misleading stat. Soros will take a dozen losers at 10% each, but then hit one out of the park at 300%.

Cheers

Rob B
Member
Robert, I do not know anything about B12 Trader, but to be fair I think you have to calculate its performance against the S&P. I believe the S&P is down around 7% this year. I also think most mutual funds and hedge funds are down this year. So if B12 Trader is up 6.51% it is outperforming them. Now you make a fair point about risk. I think it is worth doing a risk assessment in comparing the Beta or stock volatility of B12 Trader’s stock picks .vs the Beta of the S&P. Also I am not sure a single… Read more »
Eric
Guest

Looks like credit card now required – review needs to be updated.

Stray Dog
Guest

@Eric – Access to B12’s current content never was free. Only subscribers get that access.

Bizzy
Guest

Also his trading performance is not public anymore and can’t be found unless you are a subscriber.

Gr8 Trades
Guest

Emmet,

You commented that the 8 Month results posted are “impressive” could you kindly explain what you meant? the dollar values certainly are not.

Robert
Guest

Any update on this and replies to the comments about the losses

Rob B
Member
I know nothing about B12 Trader and whether or not he trades profitably, but I do know as I have written so many times the fantasy world that trading rooms and vendors portray is just that. It is a world of 10% a month guaranteed returns and no draw downs. Belief in that world is why 95% of people loss money. Real world trading has draw downs. 2 or 3 months of draw downs is nothing. Here is the best advice I can give anyone. If someone shows you a real proven track record which included draw downs that is… Read more »
Sparky
Guest
Recently started on B12. (Nov 2015) . My objective was (and is) to learn the concepts of spotting trends and using the technical signals to determine when to enter a position and when to exit. I use the info from B12 as a guide and then make my own decision. In many of the suggested buys Jasen puts forward – I enter and exist differently because I don’t just follow blindly into a trade – I analyse what he has put forward and then determine what to do … after all I am trying to learn. I do like the… Read more »
Brian
Guest

I am eagerly awaiting your update at the end of Jan 2016, because it has been brutal so far. I’m using another service that has had its biggest losses in Dec 2015 and Jan 16, so I’m looking for another service. B12 looks appealing so far, but I’d really like to see how it handled the recent volatility and crash/panic that this year starte dwith

David
Guest

Second. Am very interested to know how your portfolio’s responding using this strategy. Keep us posted.

Francis
Guest

The same reason I still want to join him, have been doing extensive research (especially on tradingschools) silently for months and comparing, but still undecided. Good to read this as your joining reasons would be quite similar to my own. ETFs seem to have a more conservative approach then Forex and one that has less risk, I’ll be investing with him or WatchHimTrade by February. Crossing my fingers and routing for Jasen for a long term approach as I love anything associated with Google, thanks for the helpful comment and feedback of his B12 approach Sparky.

Jasen Baker
Member

Hi Sparky, it’s great that you are doing such patient research. If you ever want to chat one on one via phone just contact me on my website https://www.b12trader.com and we can setup a time to talk. I’m always open to dialog.

– Jasen

David
Guest

Second. Am very interested to know how your portfolio’s responding using this strategy. Keep us posted.

Jasen Baker
Member
January isn’t looking good. I made the strategic mistake of trying to bet on the market bounces and all of them went against me. I held a couple of key positions over the weekend thinking we’d see more pullback in Oil which would give RUSL (Russia) and (GASL) Natural Gas Companies a boost and I had to pull the rip cord and take a good loss today. I’m basically shorting Oil again to see what I can salvage of January’s performance. It’s a bearish market, and I still have the rest of the year to close out positive. I still… Read more »
robert
Guest

so january was a 9000$ loss . almost 50% of the 20,000 account that the trades were based on.
how is february coming along?

i had some big losses in swing trades myself this month, while my daytrading was breaking even.

and for emmett: what happened to the reviews if the trading clan and the david adams room?

Jasen Baker
Admin
Jasen Baker

Hi Robert, I’m up $1,050 so far for February. We’ll have to see if I can squeeze out a few more wins before the month is up. There has been an insane amount of market correlation in which every ETF I track moves in the same direction while Bonds and Gold move in the opposite. I’ve reduced my simultaneous holdings to 1-2 holdings at once to reduce risk of the global movements in sync.

Dong Yah
Guest

great review… thanks to all

Rafal
Guest

Can you provide link to verified track record from third party provider? E.g. myfxbook.com ?

Rafal
Guest

So there is no verified track record after all? Is this website just another layer of Forex marketing scam?

Jasen Baker
Member

Hi Rafal, I don’t trade currencies, perhaps you are posting in the wrong review?

robert
Guest

you do understand he is not trading the contracts or brokers that you see on myfxbook?
Myfxbook is mainly for mt4 traders who are trading small lots (some mt4 brokers allow a balance of $500 !). Although there are efts on some platforms I dont think this vendor is using mt4.

Rafal
Guest

Does it mean that basically there is no way to verify his track record by third party provider?

Rafal
Guest

By the way, while you can trade small lots on MT4 it does not mean you can’t trade big. You can trade 10000$ per pip if you want – which could wipe out 100k $ account within seconds. In today’s trading world dominated by scammers third party verification is a must. If you don’t agree with that then most likely you are one of them.

Robert Kirkpatrick
Guest
Robert Kirkpatrick
Rafel some of these verified accounts on myfxbook have only $1000 of actual money in the account They tend to be martingalers . look at some like fxviper (one of the most popular) who are hundreds of ‘pips” in the red and who simply wait for mean reversion to occur – even if it takes months.- adding small amounts and averaging down. This is impossible with a real futures account where even one tick on ONE contract is worth $5 -$10 It’s a completely different way of trading. Not that I think myfxbook is bad- they do a reasonable job… Read more »
Jasen Baker
Member
I offer the most detailed trade history than most anyone on the net. What you also get with my site is a detailed blog post of every trade I tried to make. I detail every trade as I’m watching it, when I plan to get in, when I get in and a full blog on managing the trade. All the other websites simply post success/fail because they are trying to use it for “marketing” I am giving full open and documented trading history for education. Seeing a spreadsheet of successful or failed trade history doesn’t tell you anything, but go… Read more »
Rafal
Guest

Yes, admitting 50% drawdown is quite honest.

Rob B
Member
In an unregulated industry full of scammers like this one, how do you find a 3rd party that honestly verifies the results. Just look at some of the options out there, Dean Handley, Collective2, Profit-Ly and etc. They are all scams. They would have to make sure the traders is trading live and that the trader cannot selective select which trades are sent to them. How do you know the 3rd party is not part of the scam and selectively fudging the numbers? Maybe the person being tracked has 1000 strategies and surely one of them will be profitable until… Read more »
Rafal
Guest
There are no guarantees but…. On myfxbook your track data is downloaded directly form broker.You can hide anything you want on myfxbook but everyone will see notification that you did so. Everyone can see also what size you trade – If it is small account then yes, you may suspect that somebody is trying many methods simultaneously. Everyone can see your drawdowns – if they are big you probably are trading Martingale which will blow up sooner or later. I have to agree with you on one – I can’t prove that myfxbook is not part of a scam. But… Read more »
Rob B
Member

I only know my personal experience and talking to other traders that have tried Collective2 and other 3rd party verifiers has not been good. I have never tried Myfxbook, but honestly I think the only way to know is to pick some of there top traders to auto copy and trade real money and see how it matches to their posted results. If you decide to do that I would encourage you to post your results and let us know how it goes.

Rafal
Guest

Just to show if anyone is interested live action on myfacebook:

This vendor hid currently open trades which should be a huge red flag.

Rafal
Guest

myfxbook of course.

Rob B
Member
Rafel, Best video ever! I keep telling people what a scam these 3rd party evaluator like Collective2 and etc are and no one wants to hear it. They just want to believe in the fantasy. That video only shows one of the many tricks these vendors use to make their trading look so profitable. What more can I say, “WAKE UP AMERICA”. This video should be required watching before anyone pays to copy one of these traders trades. I know a lot of traders and yet to meet anyone that made a dime copy one of these scam artist trades.
Stray Dog
Guest

Hello Rafal. Emmett has already verified B12’s results and as he said “Jason at B12 has no problem showing account statements of his trades. Just ask him.”

Stefan
Guest

Does Jasen ever use options? Or does he only ever just trade the underlying etf?

Goagal
Guest

Has anybody here tried B12Trader’s service or bought his educational series? Is it worth buying, or is it just the same-old information freely available on the Internet but re-packaged and with a price tag?

Stray Dog
Guest
The education package is an explanation of the market he trades and how he trades. His method/system relies on a combination of a few indicators and technical analysis, and it is quite specific to his own method of trading. In my opinion, it is not a broad based education that someone new to trading may be looking for nor is there anything in it that is difficult to understand. It is his way of evaluating the market and charts in order to enter, manage and exit trades. Perhaps you could apply it to other markets but you have to remember… Read more »
Jasen Baker
Member

Thanks for the overview Stray Dog, you pretty much hit it on the head. I haven’t made a slew of overview videos, but that may come in the future, just to drive more traffic to the site since it’s readily available information, and it will be free of course.

I haven’t had any complaints about the educational series and no one has come to me saying it wasn’t worth the cost.

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