Chris Dunn has no verifiable track record of trading success. Instead, he is master promoter and top tier salesperson. If this review were about salesmanship, then Chris Dunn would get 5 stars. However, this review is about a trading product. And Chris Dunn is selling a $5,000 trading product that has been built upon an unproven foundation. The live trading room is nothing more than a chat room, there is no live trading. No trading from the charts, no trading DOM, no record of trades, no verifiable account statements. 100% sales puffery of unproven trading techniques.
User Review( votes)
Thanks for reading today’s review of Chris Dunn and Daily Trading Profits
Who is Chris Dunn and what is Daily Trading Profits? Chris Dunn is an entrepreneur. And he is one hell of a good salesman. He is a people person. First and foremost, he sells stuff and likes to make money. He is a creative guy. And I mean this as a complement. The guy is a doer. He married his high school sweetheart, Nikki. She is also charming and a real looker. She helps him run the business. A few years ago, Nikki’s mom came onboard, and she also helps run the business.
And the business is trading education. But before we get into the trading educational aspect, I would like to take a moment and give you a background of Chris. This should help bring some perspective to the trading educational business.
Chris’s first business was an auto detailing business. He started this back in high school. From high school, Chris then went into sales. Specifically, he got involved in real estate as a mortgage broker. This is a business that I am very familiar with. Its a sales business, its a people business. Selling mortgages is about making friends with people and getting people to feel comfortable and confident that you can deliver a purchase mortgage or a refinance mortgage. The mortgage business is not about smarts, its about hustle. And Chris has a ton of hustle, so I can imagine that he did pretty good.
In 2007, the mortgage business cratered. It was a once in a generation bust where banks went out of business overnight. Mortgage brokers took the biggest hit. The vast majority of mortgage brokers had to find something else to do…and quickly. It appears that at this exact moment, Chris made the leap from selling mortgages to selling trading educational products. Lets take a look at the timeline and how all of this played out.
In 2008, Chris Dunn starts ChrisDunn.com. A review of previous content on Archive.Org shows that he initially started his blog as sort of a life coach, inspirational guru, self help enthusiast, and a smattering of talk about becoming a day trader. As you follow the early parts of the blog and into 2009, you can really witness the transition into becoming a trading educational guru. In the later part of 2008, Chris started Daily Trading Profits.
Daily Trading Profits
Quite simply, Daily Trading Profits is a day trading/swing trading educational company that focuses an individual product on either stocks, bitcoin, or futures. Daily Trading Profits attempts to segment and partition prospective purchasers of products into a sales funnel. The sales funnel includes a stocks trading course that can be found at TraderFormula.com. The course is your standard primer on technical analysis. Nothing fancy here. The cost is $497 and is an online educational product. There are quite literally thousands of different courses on the internet regarding technical analysis, I would consider this just another in the genre. It appears that Trader Formula for stocks was developed in 2013.
Bitcoin Trading Academy
The next product would be Bitcoin Trading Academy, established in 2013. It appears that Chris was looking to cash in on the hype surrounding Bitcoins and decided to develop a trading course similar to TraderFormula.com. A quick view of Archive.Org shows that the site was never actually built out. From day one, the landing page shows that the Bitcoin Trading Academy was “Sold Out!”. My best guess is that in 2013, when bitcoin made that huge move from basically zero to over $1,000, Chris saw this as an opportunity to sell a trading course specifically tailored to Bitcoins. The landing page at Bitcoin Trading Academy has a “Join The Notification List”. In other words, Chris is simply watching to see if the interest perks up in Bitcoin. It it does, then I am sure he will be selling a technical analysis course on Bitcoins. Chris also started a couple of other websites hyping bit coins; MoreBitCoins.Info and BitCoinWealthAlliance.Com.
Bitcoin Wealth Alliance
Bitcoin Wealth Alliance is a $27 dollar ebook that is sold on Clickbank. What is it? It is quite simply a hype festival where Chris sells the sizzle of bitcoins, combined with the sexy of technical analysis. If you watched the promotional video at BitCoinWealthAlliance.com, then you probably got the underlying principle of what Chris is trying to do…hype bitcoins combined with his secret sauce of technical analysis. Its a cheap product. I rather expect that this cheap product will be used as a base for an up sell that will fuel the soon to be Bitcoin Trading Academy. Enough with the talk of Bitcoin, lets now move onto Chris’s next set of products.
Ok, the next Chris Dunn product that we are going to take a look at his is the EminiAcademy.com What is this? It appears that this site popped up in about late 2009 and sells a set of special sauce indicators, a series of online trading tutorials, as well as an online trading room. The cost of this product is $4,990. A deep search shows that there are a whole host of complaints filed on Investimonials and Big Mike’s Trading. One thing you might of noticed, the home page for EminiAcademy.com is actually a dead page with nothing showing. However, I was able to dig deeper into the website and found the still functioning portions of the website. In response to the mounting online complaints and tarnished reputation, it appears that Chris put together another website offering the exact same product. This new website is titled, EminiTrading.com.
EminiTrading.com is the exact same offering as EminiAcademy.com. No difference whatsoever. Chris is simply attempting to ditch the old complaints regarding EminiAcademy.com. If you visit EminiTrading.com, you can see that the landing page attempts to immediately collect an email address, once you enter your email address, then you are given access to the inner website. However, I will save you the time and frustration of joining Chris’s email list…simply enter EminiTrading.com/faq, which will get you into the website without having to enter your email address. And believe me, you dont want to give this guy your email address! This dude loves to send promotional email.
Ok, so now you should be starting to get the bigger picture. Chris Dunn is a promoter. A hard core promoter. First and foremost a promoter. We have talked about his stocks educational course, his bitcoins course, and the emini trading course. You would think that this would be enough for even the most hyper aggressive promoter, but you would be wrong. Now Chris is venturing into live trading seminars. He next promotional is Traders and Investors Summit.
Traders and Investors Summit
From October 3-5, 2015 in Las Vegas, for a fee of $297, Chris has put together quite the impressive line up of traders/promoters, including Tim Sykes, Superman Paul Scolardi, Tim Grittani, Hubert Senters, etc. This is a virtual who’s who in the trading promotional world. As you can see, Chris is really the promoter. And thus far, I have given you the broad brush on all of his promotional activities. Now that we can taken the time for this general overview, lets take a closer look at his core promotional product…the $4,990 emini trading education.
Does Chris Dunn Trade?
No. Over the past 60 days I have taken multiple paths in an attempt to answer this question. And this question is really the central thesis and the basis of everything that Chris Dunn is selling. I listened to one interview where he claims to have made $600k in trading the emini’s in 2008, but when I contacted Chris for proof, he simply ignore me. Over the past two months, I have created several aliases and made multiple pushes into his organization. I have spoken to Chris over the phone and asked him point blank to prove that he trades. He refuses and say’s that his trading is not relevant to my trading, I have spoken to his wife Nikki and attempted to get trading performance figures, but she also skirts the issue. She is also claiming to be a full time, successful day trader, but once again NO PROOF. She is plenty nice, but when you speak with her, she contains none of the polish and salesmanship of her husband. Heck, I have even had multiple phone conversation with Nikki’s mom, whom is titled “Education Counselor” and asked her point blank for proof of trading results. She can provide none.
Ok, so we have courses in Bitcoins, stocks day trading, futures day trading, seminars in Vegas….but we have no trading results whatsoever. The guy simply promotes and uses salesmanship to keep wiggling away from the question of whether he actually trades. And I have to give him credit, he is incredibly wiggly about performance disclosure!
Heck, I even spent 3 days inside of the live trading room, which was moderated by a person named Justin. Thankfully a reader of the TradingSchools.Org blog had spent his $297 for the live trading room and was kind enough to give me her entry credentials. There is no free trial of the trading room. You have to fork out $297 to discover that no real trading is happening inside of that trading room. There is a shared screen of Ninja trader with the secret sauce indicators, but not once did Justin ever take a trade. There was no trading DOM present on the screen, no trading from the charts, no live trading accounts present.
I spoke with Nikki’s mom, whom is quite pleasant and asked why no trading was happening inside of the trading room, she explained that they don’t actually trade. That the live day trading room was not a trade calling service, rather the trading room was a chat room where people come together and talk about the indicators. I asked her flatly if she had ever verified that Chris was making money from trading, she was candid, honest and nice in stating that Chris makes his money from selling trading educational products. As far as she knows, and to the best of her knowledge, she believes that Chris can trade successfully, but in truth she has never seen his trading account statements.
What I find incredible about all of this is that Chris has been able to sell all of these products, courses, seminars etc. And nobody has ever put him to the acid test…does Chris Dunn actually trade successfully? Based upon what I have seen, I doubt he even has a trading account.
Does it matter if Chris Dunn trades?
If a person is going to spend $5,000 with Chris Dunn to learn how to trade, you would think that this would be important. But apparently, Chris is such a great salesman that having a bonafide trading record is really not that important. I just find it insane that people fall for these trading educators that have no track record of trading success.
As exasperated I get thinking about how people get duped into sending people like Chris Dunn $5,000 to learn how to trade, I have to give a huge amount of praise for his ability to put all of this stuff together. This is a kid that started with nothing and built a car washing business, then he jumped into mortgages, and has now become a successful trading guru. Have to give credit where credit is due. The kid can sell stuff.
Wrapping Things Up
I have little doubt that Chris Dunn is not going to become a millionaire. But it wont be from trading. He will make his money selling the dream to the dreamers. And I doubt that my negative review will make any dent in his sales. He is so clever at selling stuff that I am sure he will keep finding the angles and the weak spots. As far as buying his trading educational package, that would be a waste. My personal advice to Chris would be to find a proven trader that really does know how to trade. A person with a bonafide track record. Put that person inside of the live day trading room and have this person develop a track record that can be verified. That way he can continue to sell and actually have a product that is worth $5k. And he will feel a whole lot better about himself. It would be a lot of fun to do another review, but have it based upon real trading performance.
I am sure that Chris is going to read this. And I am sure that he is going to think that my review is unfair. But I hope he makes some changes. And the first step is finding someone whom can trade, in real time, with real money. Sell products that he can be proud of, that will allow his business to survive long term, and to thrive. As it stands now, eventually word is going to get out that he cannot trade and he will have to keep creating new websites and building a new reputation. But if he can just find a few successful, proven traders, then he will have a product to sell that he feels good about.
Well that’s it for today. Please don’t forget to leave your comments below. Event the haters will find that their voices are heard.
Thank you! I haven’t laughed that hard in awhile.
excellent review, great to know this is where Maecello coming from, he mentioned in his videos about working for a company that sold indicator subscriptions
Speaking of POS scam artists…I think Emmett takes the cake. Nice Job Emmett on this rave review of just how trustworthy and honest your endorsements are…who’d listen to a fraudulent con artist such as yourself…just idiots who can’t think for themselves.
Please learn the use if the work “whom”.
I joined Dunn back in 2009. He led the chat room personally, then passed ue on to other moderators and would jump in every day or so. The material was relevant and effective. Unfortunately the advent if high frequency algorithms changed things. He moved on from futures to Bitcoin and wife Nikki continued her focus on stocks. I’m still trading futures successfully using what I learned from Chris Dunn.
Please learn to spell and/or use the correct word “of” (twice), “word”, “us”, the contraction “onto”, “every other day”, the use of hyphenation in the case of “high-frequency”, and cease the sloppy use of the unspecific notifier “things” – before nitpicking over his lack of use of an arcane word modern reference sources (such as dictionaries – you should buy one), state is no longer in common use in modern English – having been replaced by the more acceptable: “who”.
Darn, I love a good critique.
Have to say, I am really trying to be a better writer. It’s been a process. My wife is a lawyer, she say’s my writing is barely 3rd grade. Lol.
There are quite a few grammatical errors and colloquial malapropisms, evidently carried over from speech patterns, but I think that your writing is much better than 3rd grade level. 🙂
You guys know that I got my GED in a Federal prison…right? I am definitely not the sharpest tool in the shed.
Thanks for the gracious compliments. And thanks, to John K for the critique. Have to keep getting better and better. Iron sharpens iron.
One can improve their writing skill over time if practiced with the intention of producing better articles. Personally, for the 2 cents that it is worth, Emmett’s writing is improving. The gathering of the material needed to critique a trading educator or trading room is where his skill is evident. In fact, your writing has that federal prison appeal in between the sentences. Your style is consistent with the subjects that you write about. Keep it up! I’m looking forward to your maturation as an investigative journalist. I do not say that with tongue and cheek.
John K, please learn to understand what the topic is in a piece of writing so that you can make useful contribution rather than petulant rants about grammar and spelling.
I confirm that he’s a salesman with minimal trading skills, he cannot be called a trader.
What a shit review! Did you get pissed off , because you didnt get a discount? Funny to see these angry keyboard warriors. Its a pretty long review you wrote, and as a current member i can confirm 100% of the review is bullcrap. Why did you even bother writing this? I imagine you spent a few hours, sad sad man 🙂
so show us your and his trading history if ya wanne proof something.. it’s easy to do.
I’ve read a few different sites (reddit etc) about so wod these scammy trading sites.
I have a simple question, has anyone came across any good sites/books to help get into some crypto coin trading, just some way of learning the basic so I can do some small trades for a bit of fun. Big fan of cryptos, but seems to be hard to come across good material for a beginner. I don’t plan to be a full time trader or anything, just do some small trades for a bit of fun.
1. He trades and I have witnessed it 2. He teaches you a skill (trading) if you just watch someone trade live and buy and sell because someone said so you havent learned anything. 3. Entire post is based on speculation 4. Sure the emini program isnt as popular because it takes 5x the effort to learn how to trade eminis and be profitable with all the HFT compared to bitcoin 5. He is a professional trader that trades only when there is a chance to make 5-6 figures in 1 trade. If you had a hard time learning from him im sorry it didnt work out for you but if you want to bash him because you think your trading room is better than keep trolloling the internet.
Personal Testimony: I new nothing about trading in Sept 2015 within 6 months I more than doubled my account.
I got a lifetime membership 2009. Marcello was the room trader. I did everything anybody could do to make this work; as it was my first major full time attempt at daytrading the ES. Needless to say, this review is spot on and actually gives Dunn a “soft” touch; it is much much deeper and less rewarding than one may gather from this. Marcello became Dunn x10! Check that one out. Either way, I moved on and found a different path. What a price to pay.
DTA and Marcello Arambide needs to be reviewed. Featured on the Huffington post as if legit. http://www.huffingtonpost.com/author/marcello-arrambide
I went to school with this guy and have the yearbooks to prove it. We went to high school at Bloomingdale High in Valrico, FL. The dude has always been a flake and his various websites SCREAM sales man/gimmicky. The guy lacks the foundational knowledge needed to be a truly successful trader.
He’s another guy trying to get rich from selling his worthless crap that promises to get other people “rich”. As history shows, successful traders actually TRADE! They don’t SELL garbage seminars. Why would they need to, if they are making tons of money from trading? And spare me the BS on successful traders wanting to give their “secrets”….pfftt. Such BS. This guy is a scam!
Chris Dunn is also filtering uncomfortable comments on youtube so they are visible only to you (without your knowledge). He allows from time to time some obvious scam links in comments so everything looks like there is no filtering. What a sneaky bastard.
Hi guys and girls,
Sorry to hear that there are stll people around trying to learn to trade the easy way. Just think, if you make money on the market just by trading the right way, using your skills which you’ve aquired through the years, would you sell that knowlegde for just $5000??? Hell no, I keep it to myself!!!
These guys pretend they make money, yet, you never see them trading live, all they tell you are nice fairy tales.
One tip, for those who want to make a living from trading, if you look at charts, and I mean many many hundreds and thousands of hours you will finally see certain patterns. Most of them you see coming around daily if you look at .. min charts. Plot a ..ma sma/ema and you will see what the big boys are doing.
Just as simple as that, no need to pay $….K’s
The same pattern on investi-scamma. The real reviews are masked over. had to sort by lowest first again as most of the reviews are plants and usual rebuttal comments by the owner or a shill.
no wonder the oct 2015 con video included Sykes and Kunal. an investi-scamma conf.
The video and page is still up even after the “event” is over. http://traderandinvestorsummit.com/
MoneyShow is part of the investing scam establishment. Superficially they have a public face representing the face of wall st. reporting with guest from CNBC etc. But practically none of their guests and online webinar hosts, or Las Vegas show hosts are live traders, rather they sell services, write books or articles. After finding out about Jake Bernstein’s injunctions from the NFA recently, he’s still one of their guests of their next “trader’s expo”, http://www.tradersexpovirtualevent.com/experts.asp?scode=035323 Busby, an affiliate hub tradeucation guru is also there. Makes me sick. I had attended one of his ad webinars, and they called me not more than 20 minutes after with a product offer. Made me feel sick.
It looks like when it comes to money you can’t trust anyone. Especially those who sound convincing – they are predators who did their homework.
This guy was once on MoneyShow here:
Should I be disappointed with MoneyShow for not verifying this guy? Could you comment on that?
I needed to read this review last year. I contributed to his wealth too. I was naive. Never again.
Emmett Keep up the good work.
A friend asked me about these guys and I mentioned not to touch them. I didn’t realize you had a review of it here. I have to confess that I contributed to their income a number of years ago for around $3k or so. They were one of the very few to actually phone me at home and speak for a good while….which for some reason made think they were more reputable than others.
Looking back now…it is funny that as new vendors and sites pop up their terminology also updates to the ‘current’ times. At that time the word ‘Academy’ was making an appearance in all the offerings. The inference is of course…study hard and you get success. I guess that was part of the reason I fell for it as well. Always been taught that studying hard is good and honorable.
Felt so bad afterwards for falling for it like a sucker. I worked extra overtime and did some out-of-hours on-call work so that I could get most of the money back. Took me a good few months.
Concerning Bitcoin trades, Chris Dunn made the good job of giving hints ahead of time on Twitter. There you can easily verify he knows his business in trading Bitcoin. He even did a great video (again shared on Twitter) warning for mtgox demise two months in advance. That video saved me a lot of money I was holding there.
Here you go- Finally- A site that displays their broker statement for you 🙂
Day Trading Academy is poo poo, sorry bro. The investimonial testimonials are there because they tell members that they can get another month or 2 free if they post a testimonial.
Well knock me over with a feather 🙂
Sadly, I know all to well about the day trading academy- my first loss
to the market was to Marcello. I am hoping one day Emmett can put
on his latex glove and go deep inside this now brick and mortar scam.
It’s not just money people lose- but the waste of time is even worse.
Here’s a modified version of their promotional video LOL.
Yes, please do the expose of Day Trading Academy and their supposed team of ‘master traders’. The ‘dream’ is all over their webpage which is some kind of resort setting by a lake or beach.
The free “60 minute breakout” course on http://www.traderformula.com/ is certainly a legitimate course. I did not buy any of Chris’ paid services but I did follow his free content. I think Chris is good at teaching and his free content does have a lot of valuable information.
As for you doubting that Nikki trades – you are more than likely wrong. With a chat-room and a following, it would be stupid for her not to trade.
Cannot say it enough Emmit, great work. I see Dr. Handley is now trashing you on his web site. He can’t stand honest competition. Yours is the only honest evaluation of these junk rip-off sites that I have found. I tried Chris Dunn way back in 2010. Wish you had been around then. What a waste of money. Stay away from this fluff marketing. No real content here, (as you rightly said).
Butt dang….can’t you find more honest sites? Do any really exist? Is there anyone out there than can honestly teach people to trade?
I had to check it out myself. Got a bit of a kick that he labeled it as a Public Service Announcement. I think his mentioning of Emmett will get people to find this website that otherwise would not have. So I think this will be a win for Emmett, because anyone with any intelligence will quickly be able to tell who is the real fraud in their evaluation of Trading Rooms. I still put a challenge to IMO con man Dean Handley to show any evidence that GTR that he rates so highly can trade profitable. Do like Emettte does Dean and show a video of your trades on top of their calls. I Double Dare you!!!!
I no longer read sci-fiction. I get it all from TradingSchools! Emmett’s reviews being the science while the trading gurus the fiction. Five stars to Emmett, the avenger of us all.
wow this guy was so fcking friendly that I thought he was for sure the real deal, no way I would have ever paid for his bullshit prices but damn if he is not actually trading thats just not right, karma aint no joke, she will haunt you down if you fck around and do dumb shit like this smh
I’ve seen a couple of YouTube videos of this guys and I see right through his bullshit, Keep em coming, maybe this blog will start to awaken some of the idiots at the SEC.
Another great review. I wish there was some way to promote this webiste more aggressively.The content is truely amazing .I have seen Chris Dunn videos on Youtube and he seems to selling more of lifestyle of a successful trader.There is hardly any video of him doing hardcore trading.I was pretty sure that this guy really does not make his living trading.I hope this review is read by lot of newbies who probably can save a lot of time and money in their trading efforts.
Come on man. Real traders have bags under their eyes and you can smell the stress. Anyone that is as happy as this guy is doesn’t manage money or trade for a living.
I know several people who attended this program. This program is similar to thedaytradingacademy (DTA) – Marcello the founder of DTA was the lead trainer at eminiacademy.com. They got my $$ years ago- No live trades were ever given there either. Chriss Dunn and Marcello are good marketers.
Another good read Emmett although I was a bit disappointed that their back story wasn’t as colorful as Barry and Jeannie’s from Millennium. Car detailing and hiding from online complaints about his over priced course just can’t compete with their sleaze.