David Becket of Coherent Vibrations owns a futures day trading room and educational program with a nearly flawless track record of winning trades. Unfortunately, none of the supposed trades could be verified.
Vendor appears to be displaying a pattern of dishonest marketing, faked trading videos, chicanery, and clever wordplay. David Becket is also part of the Todd Mitchell group of trading products. Todd is a long-time trading hustler with over 20 years of selling magic trading indicators and get rich quick trading systems. Avoid.
Thanks for reading today’s review of Coherent Vibrations
What is Coherent Vibrations? The company is a day trading educational company owned and operated by David Becket. The cost of the day trading educational program is as follows:
- Levels L1, L2, L3 – Training & Trading Room Only with Moderation – $999
- Level L4 Training Key Base Component & Trading Room Only with Moderation – $1899
- Level L5 Training Advanced Footprints, Moderation & One-On-One 2X Week Lifetime – $3799
To David Beckets credit, he does offer an 80% money back guarantee. However, this is only applicable for purchases of the $3,799 educational plan. In addition, it is important to note that in order to trigger the refund, the customer must pass a rigorous 7-steps refund process. This process seems nearly impossible to complete.
For instance, one of the 7-steps includes a “Jeopardy” like game show quality where the individual must complete several one-on-one questions and answers sessions, in which all quizzes and questions must be answered correctly. No exceptions.
In addition, the person must also submit a daily journal that describes each trade in minute detail, and each trade must conform to the “Business Plan and Acid Test.” No trades can be taken unless it is part of the pre-approved business plan. If any trades are taken outside of the “Business Plan and or Acid Test” then person is subject to immediate disqualification.
The person must also complete the “Acid Test” a minimum of three times during a 6-month period. David does not go into much detail into what exactly is the “Acid Test” is, but it sure sounds painful. Only after completing this obstacle course of obfuscation, over a minimum of 6-months, they can apply for an 80% refund.
In my opinion, the refund policy is reminiscent of the obstacle course from the popular Japanese game show, Takeshi’s Castle.
Why bother with David Becket?
Some readers might be questioning why TradingSchools.Org is writing about what appears to be an obscure trading educator, stranded in the hinterlands of nearly zero web traffic and nearly zero public interest. Truth be told, I wondered if writing about David Becket was worth the time. However, over the past several months a steady trickle of complaints began hitting the inbox. After speaking with several individuals, it appears that David Becket is actually part of Trading Concepts.
For those unaware, Trading Concepts is a long, long, very long time hustler of all things day-trading related. The owner of the company Todd Mitchell has been selling magical trading indicators, in various derivations, for well over 20 years. It seems that every couple of years, Todd takes his tired, old trading ingredients and repackages them as something new and fantastic. Todd Mitchell is the Taco Bell of the trading world. The same old ingredients,
Todd Mitchell is the Taco Bell of the trading world. The same old ingredients, mish-mashed into something that looks fresh and interesting. But yet, the ingredients are all the same. Like the Gordita, the Gordita Crunch, Nacho Supreme X3 Cheesy Taco, Power-Bowl Nacho Supreme, Cheesy Master Taco, Griddled Burrito, Cool Ranch Doritos Taco Supreme, Cheesy Meat Roll Up, Triple Double Crunch Wrap, Fiery Doritos Locos Supreme. The list is long and will be forever changing.
But again, the one constant is that the ingredients are the same, of little nutritional value, and can often be described at “mystery meat and synthetic cheese“. This is the essential Todd Mitchell. And David Becket is simply another “mystery meat and synthetic cheese” output of Todd Mitchel and Trading Concepts.
Trading Room and Track Record
David Becket keeps a supposed track record of trades on his YouTube channel. These are primarily promotional video’s that purport a truly amazing track record of winning trades. In fact, on the YouTube channel, we cannot find a single losing day.
It is important to note that David is very careful not to create a freeway billboard banner that proclaims his trading greatness. He is clever and subtle. He begins his videos with the usual disclaimers, and then quickly transitions into a supposed list of trades that he supposedly executed on his Ninja Trader platform. However, it’s all recorded jibber jabber of post-market replay. All carefully selected clips of how well he did, and plenty of supposed performance numbers from “thriving students.”
From a regulatory perspective, if David proclaims that his trades are real and authentic, he knows that he is opening his g-string underwear up to CFTC regulators. And so to get around this, he creates videos of outrageous performance records that he supposedly received from “Student graduates.” One has to wonder whom these mystery graduate students are, and if the amazing performance is just a clever way to introducing “actual” performance, without actually disclosing personal trading records. The following video is a prime example. Notice how he introduces the trades as “distinct opportunities” and “many people profited from.” Lots of clever linguistics.
More Clever Marketing
In addition to the never ending stream of winning trades on video, David Becket is also clever with email marketing. Once on the marketing list, you will begin receiving screen shots of supposed, post-market trading performance. You can find hundreds of these screen clips by accessing David Beckets image repository located at the attached page. Over 850 screen clippings of supposed, real-time trading performance, and yet a losing day is more difficult to find than Bigfoot in a porn video. (Please don’t Google ‘Bigfoot in a porn video’)
Am I calling David Becket a fraud? No. But I believe that if he is going to make such outrageous claims of trading success, then he should be able to verify his performance. In the TradingSchools.org 3-day trial period, we certainly did not witness any live trading what-so-ever. No live DOM on the screen, no trading from the charts, no clearly marked trades, no account statements. Everything is verbal, suggestive, after the fact, and third party references like “John and Bob are reporting in the chat box a positive trade. Good job John and Bob.”
Contacting David Becket: the Lion and the Sheep method
I love emailing trading vendors and asking questions. The best responses are when I use the “sheep” method of correspondence. This is when I email the vendor and describe myself as a poor lost soul, completely new to day trading and desperate to learn the secrets of success. Invariably, trading vendors cannot resist a plump sheep for the taking. They open up and talk. And tell me that success is close at hand. That if I invest my money, and diligently learn how the magical trading indicators work, then success is as attainable as a venereal disease in Bangkok. David sure thought I was an anonymous plump sheep. That I should practice proper meditation and align myself with the positive vibrations of the new age philosophy. Sort of like being stuck in a presentation at the local Church of Scientology.
By far, the least effective emails that I send to trading vendors is the “Lion” email. Where I candidly introduce myself as Emmett Moore with TradingSchools.org and that I write reviews and would love to conduct an interview. I am friendly and non-accusatory in the email. But I let the vendor know that verifying real-time performance is a big part of the review. I also tell them that hardly anyone receives a negative review if they consent to questions. This is true. If they consent and are open, if I don’t like the product, there is very little chance that a negative review is written. I inform the vendor of the things I that I like, and the things I don’t like. Ask that they make some changes, and I will touch bases in a few months.
The truth is that I have too much negative material. And if a vendor is willing to openly talk, then there is a high likelihood that they are aware of the product’s faults and strengths, and are committed to offering a better product. Some vendors truly believe that their product is awesome but in my opinion its a waste of time. Hardly ever do I write about these scenarios.
But when a vendor responds to the “Sheep” email and yet hides from the “Lion” email, this is a red flag that something shady is taking place. All of my emails are embedded with tracking links. And I can watch in real time as they open, forward, and print the emails. David Becket has no problem opening and responding to the “Sheep” email. David Becket refuses to respond to the “Lion” email. And believe me, I sent David multiple messages from firstname.lastname@example.org and so he knows that a crappy review is going to be published.
Wrapping Things Up
Vendors like David Becket at Coherent Vibrations can easily obtain a positive review. By simply being honest, open and transparent. By showing a redacted account statement, which violates no laws, and does not violate his privacy.
Heck, I would even be willing to draft a new and positive review if David were to trade with a simulated DOM present on the screen. Some sort of mechanism that shows the audience that he can execute, even if the execution is a “video game mode.” Something. Anything. Just build a damn track record.
That’s if for today. Thanks for reading. And don’t forget to leave a comment. And if you have ever purchased a product from Todd Mitchell, and I know many readers have, then please leave your opinion below.
I have read your review of David Becket and Coherent Vibrations, and I must say that it does not reflect the David Becket, nor his Coherent Vibrations trading room, that I have come to know as his student. David is the only trading coach that I have encountered who takes a personal interest in mentoring his traders, and he has a consistent, winning track record to back up his advice. I meet with him weekly for one-on-one training, and he is very generous with his time. It is not unusual for our sessions to last 2 to 3 hours. He is an optimistic, structured and determined coach – determined that ALL his traders succeed! His room is always full of very practical trading knowledge, and he calls out alerts that are timed so every participant can take advantage of his positions. He executes each trade in a live trading account along with us, so he is in the trenches with his students, teaching us to manage our investments through personal experience. I really cannot recommend his services enough – he has given my family a level of hope in our financial future which we have never before experienced. I do not know about the accuracy of your other reviews, but I sincerely hope you take the time to reassess David and his room so you may come to a more accurate conclusion of his merits.
Looks like the shills are returning from their winter holidays. So James, David Becket from Coherent Vibrations “has a consistent, winning track record to back up his advice.” yet when asked by Emmett to show evidence of this he refused. If he, as you claim, “executes each trade in a live trading account” where is the evidence of this? Emmett made it as easy as possible for his to provide it, and he went so far as to say that he “would even be willing to draft a new and positive review if David were to trade with a simulated DOM present on the screen.” and still David provided nothing. At some point in time reality has to dawn on you James that no matter what warm fuzzy feelings you get from your association with David Becket and Coherent Vibrations, he’s not trading he selling a product.
OMG, I cannot believe you are doing an article on this loser. He was Ed’s Protect from the Jaquar Trading Club. I even remember him having some website where he was peddling some water product.
After that TR got exposed as a complete scam and closed, up pops Dave’s room including Ed’s old Acid Test. These con artist are like weeds. The 2nd one closes down another pops up to take its place and even DDT cannot kill it.
Another guy Craig Hill is running the trading concepts Emini ES room. I have been waiting since inception of this website for that review since it is one of the big ones and very surprised that there is no TRADING CONCEPTS review as of yet! Any feedback from the ES room?
Punks like Al B—ks and this David Becket have been been exploiting good Americans by using the American Dream and the phony 10,000 hours of practice theory to to sell their now obvious gambling texts for too long. Donald Trump is going to move so fast against retail trading scam businesses, your heads will spin. Justice will be served and another financial crisis will be prevented by Donald Trump’s swift and just action.
“Donald Trump is going to move so fast against retail trading scam businesses, your heads will spin. ”
Just to set the record straight, Donald Trump said he is going to depart CRIMINAL illegals so fast your head will spin. I know somehow you hear Trading Room.
They should all be departed to be neighbor homeless expats surrounding bmt’s abode in Ecuador. That village and the beach shown in his photos won’t be looking so ‘pristine’ anymore such as Velez hired to clean up the bmt pooches’ poop on the beach.
lol, pristine guy was actually walking the beaches recently.
Trump will strip these white bread daytrading scammers of their privilege if enough citizens demand action. The daytrading vendors have evaded law and order for too long, like many other antisocial criminal elements of society. Trump’s punishment of day trading vendors could involve placing of trading vendors in internment camps, to revoke citizenship and rights quickly, allowing unprecedented retroactive criminal prosecution against these white collar criminals, in addition to U.N. and Interpol penal action against this global threat. This first battle in a prolonged global war against trading scammers will serve as a public display of how Trump can restore law and order and Make America Great Again.
Seriously, do they allow internet access from the nut house these days. I hate TR and their scams but the idea this is somehow on Trumps to do list, is beyond insane. I hope you are getting the help you need.
i.e. in the nut house for the “B_ooks” disease.
lol, I doubt innocuous book authors will have retroactive indictments for those who have no one to blame but themselves for loan debt losses retail trading and still no cftc case pending. better off suing directly so we can all see in the retail world news.
OK – You think the guy that settled “Trump Scam University” for 25 million and now can’t even close his “Trump Scam Foundation” due to the New York DA investigation. The guy that is afraid to release his taxes. You think that moron is going to clean-up this industry?? First he will have to turn himself in.
If Trump moves against criminal retail scams it will only be so that he eliminates the competition so that he has that space for his own business ventures, Trump per-schools perhaps.
You mean scam training businesses like Trump University?
Yes, but that won’t fly anymore so he’ll have to try something new. I hear that Pete is enrolling his kids in Trump Preschool and Al Brook’s daughter will be their teacher.
Or the Scam “Trump Foundation” that he recently shut down before the IRS or state of New York could.
At least voters were fully aware of Trump Foundation, Trump University, Trump Water, Trump Steaks and all of Trump’s bankruptcies and so forth (as the liberal news made all of it front page news everyday) before they voted him into office, unlike Hillary who started her pay for play foundation after she is in office. Seriously can not believe these 3rd world kings gave to the Clinton foundation out of the goodness of there heart and just coincidence they were able to get a personal meeting with the Secretary of State right after that donation.
Yeah she should be arrested for meeting with someone who made a substantial donation to her charity – How could she?? I mean that is so terrible its almost as bad as scamming people out of their hard earned retirement money like “Trump University” did. No Equivalency, Get Real!!
You think a Secretary of State being influenced by Ruthless Dictators and giving them deals that are bad for our country is better than Trump scamming some people. And BTW, even though he promoted it, I am not sure how Trump was personally involved in operations of Trump University. Maybe you are right. I do not agree. But honestly anyone taking a real estate course from Trump University and then think they are going to make a fortune in Real Estate are clueless. Real Estate, like other investment, is hard and many go bankrupt including Trump. Very few will ever make it as big as Trump.
But my point was everyone knew about Trump and all his issues and even the fact he refused to show his taxes and they still elected him. Now I am not saying that is a good thing, but those are the facts.
What Hillary Clinton did was very bad, but having Russia elect its puppet as the POTUS and “leader of the free world” is much worse. And at least Clinton paid back her donors BEFORE the election, so if she had been elected she would have owed them nothing. Trump otoh is still indebted to Putin, both in his business dealings and for winning the presidency, and can only pay him back AFTER he is sworn in as president. THAT should scare you and worry you much more than crooked Hillary.
Give me a break! Damn you are liberal Gaogal as I have had these fights with you in the past. Do you even live in the US, maybe in CA.
Really every excuse from liberals why Hillary lost, except Hillary was a bad candidate who did not even visit states like Wisconsin.
Let me tell you a secret all countries are spying on each other. Remember China’s hacking of the OPM. Gosh remember wonderful US’s hacking of Angelia Merkell’s cell phone. Russia trying to hack us is not news to anyone.
If Podesta is so dumb to click links in his email he knows nothing about and gets hacked, then he is a fool.
And if Russia were able to hack the Republicans and put out information, let me tell you a shocker it would have even rawed up Trump supporters even more to go out and vote for him.
Clinton was a horrible candidate that stood for nothing and that is why she lost. Plain and simple.
If I could suffer through 8 years of Obama, you guys can suck it up and deal with Trump.
And BTW why has not one of those morons that said they would move to Canada if Trump won moved. Leave for goodness sake. Adios and goodridness.
I hear you RobB. I was fooled for Obama on his first term until he ditched all his promises for fixing the economy, infrastructure and gave another trillion to tarp pt. 2, and spent the rest of his term on the disastrous obamacare. The blank check given to Reid and Pelosi until ballooned the debt and garnered the public sector and illegal vote. The clintonCrimeFoundation had oversaw millions of weapons deals while lining it’s own pockets along with it’s own hedge funds in South America. Hillary was going to tax wall st. but as usual the exchanges and brokers would have passed it all to the retailers. If Trump actually proceeds on his agenda to bring jobs back, it would help stop massive flow of the desperate dying middle class from using up the last of the credit card debt in monthly churns to the vast scumbag cesspool of retail vendor shams. If paying jobs came back, the middle class would prosper and would have enough to invest in real estate again instead of being tempted by the scam ads to daytrade illquid stocks on DAS, or scalp ES, CL and forex on NT or MT4 and lose the rest of their cc limit. The better of two controversial candidates.
shoot, I didn’t really want to get involved in political views, so no offense to others, and my last post about the election.
Way to go Dtchurn. You even made any interesting point on how Trump might reduced the day trading scam, unlike Pete’s comments.
And believe me I understood why Obama won his first election. I have liberal friends that would have walked 100 miles in a snow storm to vote for Obama after the IRAQ war.
I know I can hear the, this topic is way off the thread crowd , so I will end here unless I have to respond to some crazy comment.
Thanks for the review as it briefly touches on Todd Mitchell and TradingConcepts. I’ve had his spam email for years no doubt my dummy email for vendors was traded around in the past. Along with fake!?-CTU poogliese and DTI busby&sons etc. I hope Netpicks and their gang are touched on one day. They’d cornered a lot of the past generations of monthly churn retail futures newbs during the bmt/fio era. Looking at the site of coherent-vibes it looks like the guy has a decent setup. A bunch of almost bare ninja 7&8 screens with the free “dValueArea” indicator and then another photo showing a bunch of Thinkorswim screens. They all look bare, so I would guess the real screentime is spent on making up the replay shamming videos. So this guy (nauseating swimming pool video up front) may have been successful on another gig in the past, and since got scammed by vendors , is doing his own sham thinking there are plenty of new newbs each month to pull a monthly churn from. Whether it’s a liflelong scammer or a someone thinking to start a trading sham business , it makes no difference imo that they are all ethically challenged thinking shamming other newbs is the same as a barely legal medicinal pot farm/shop.
“Acid test” screenshot page.
Just a bunch of typical ninja replay/sim tables. Of course it won’t full the retail veterans , but unfortunately there are probably brand new futures and ninja newbs who will run into this guy’s site every month from this rotting economy and the dying middle class.