Cyber Trading University

Cyber Trading University
  • Honesty
    (1)
  • Quality
    (2)
  • Cost
    (1)
  • Support
    (2)
  • Verified Trades
    (1)
  • User Experience
    (2)
1.5

Summary

The owner of Cyber Trading University, Mr. Fausto Pugliese claims to be a world champion trader. Specifically referencing a supposed trading competition titled, “World Traders Challenge”. Mr. Pugliese claims that he has been the grand champion of this competition for 12 consecutive years. However, after an exhaustive search, apparently no such trading competition actually exists. The live day trading room contains very little actionable advice. There is no live trading DOM present on the screen, no trading from the charts, and no track record. Mr. Pugliese offers no verifiable record of ever trading successfully, yet expects consumers to happily pay him upwards of $15,000 for his magical trading advice.

Sending
User Review
1.86 (36 votes)
Comments Rating 0 (0 reviews)
Pros: Good for the basics.
Cons: Zero transparency. Owner of company making wild and outrageous claims of being a 12-time world champion day trader. No track record of trades. Day trading room is a complete joke. Overpriced education.

Thanks for reading today’s review of Cyber Trading University

What is Cyber Trading University? Cyber Trading University is a stocks, Forex, and options day trading educational school that appears to have been founded back in 2001, as per Archive.Org. Cyber Trading University describe themselves as a “University.”  However, this appears to be a moniker with no actual university accreditation–similar to how Donald Trump prefers to describe the now defunct, Donald Trump University (for suckers).

Cyber Trading University is owned and operated by a person named Fausto Pugliese, operating the business out of 6800 Jericho Turnpike, Syosset, New York.

Cyber Trading University offers the following Stocks related products and services:

  • Phase 1, Stock Trading Class $2,500
  • Phase 2, Stock Trading Class $10,000
  • Phase 3, Stock Trading Class $10,000
  • Platinum Edition Stock Trading Class $15,000 (includes all three phases)

Cyber Trading University offers the following Forex related trading courses:

  • Phase 1, Forex Trading Class $997
  • Phase 2, Forex Trading Class $1297
  • Phase 3, Forex Trading Class $1697

Cyber Trading University offers the following Options related trading products:

  • Phase 1, Options Trading Class $997
  • Phase 2, Options Trading Class $1297
  • Phase 3, Options Trading Class $1697

In addition to the above referenced training programs, Cyber Trading University also offers approximately 14 different courses designated for intermediate to advanced users. These courses range in price from $159 to $549, per course.

In addition to the above courses, Cyber Trader University also offers a live day trading room experience. The company claims that the trading moderators show “live trades.”

All courses and materials appear to have been developed by either Fausto Pugliese or Jesse Colombo.

Since January 2015, Trading Schools has now received 40 requests to review Cyber Trading University. In addition to the requests for a review, Trading Schools has now received three direct emails from individuals claiming to be former students.  A Google search for the keyword “Cyber Trading University” reveals an average of 500 to 700 global monthly search volume.

Live Trading Room Experience

During the month of May 2015, Trading Schools attended approximately five days of the “live trading chat room.”  During the course of the five days, we witnessed zero live trading. No trading DOM was present on the trading screen, no live account was displayed, and no record of trades being recorded.  Instead, what we witnessed were a series of suggestions and verbal exclamations describing what may or may not be happening with individual stocks.

During the pre-market, Fausto Pugliese will usually issue a series of stocks that he is “watching,” and that these could be “big movers.”  Unfortunately, during the live day trading sessions we never witnessed Mr. Pugliese (or his moderator) ever taking any live trades.  Since the “watching” list contains several potential stock trades, then there was a very good chance that at least one of the stock symbols would break out. Whenever the inevitable stock did actually break out, Mr. Pugliese would began hollering into the live chat how he nailed the trade perfectly.

After the live trading sessions, using an alias email address, we requested that Mr. Pugliese send a redacted account statement that verified his claims of “nailing it.” Unfortunately, all requests to verify performance claims with a redacted account statement were ignored.

Mr. Pugliese also likes to make bold claims of his amazing day trading abilities on Twitter.  A review of his Twitter account reveals hundreds upon hundreds of supposed winning trades.  Never does he lose. In fact, a thorough review of his official Twitter track record reveals not a single losing trade. Since 2009, a constant and unrelenting stream of winner upon winner. You would think that with such an amazing track record of never losing, Mr. Pugliese would be willing to post a redacted brokerage statement that corroborates this truly outstanding track record. But, after repeated requests to verify his trading, we can only theorize that Mr. Pugliese has no interest in transparency.

World Traders Challenge

Fausto Pugliese claims to be “World Champion Trader.”  In fact, on his website he states, “I am a 12 time champion of the World Traders Challenge.”  What is the World Trader Challenge?  Nobody really knows.  An exhaustive search on Google reveals absolutely nothing about any World Trader Challenge contest, company or any person related to this so-called World Trader Challenge.

You would think that a person who was the grand champion of 12 years worth of trading competitions, that he would be more than willing to provide some sort of reference to verify such an amazing claim.  Instead, Fausto Pugliese seems to have forgotten or simply cannot explain where readers can find this information regarding the World Traders Challenge.  Once again, Trading Schools reached out to Mr. Pugliese for references to the World Traders Challenge.  Zero response.  However, contained within all of Trading Schools emails are pixel tracking codes that auto alert whenever an email is opened.  In real time, we could watch him opening the email, but no response. Why no response?

Through the years, Fausto Pugliese has given many recorded interviews on various online trading websites.  In some interviews, he mentions that he is the nine-time World Trading Champion, in other interviews he claims that he is the 16 time World Trading Champion. Is it 9, 12, 16? Nobody seems to know for sure, even Mr. Pugliese seems genuinely confused by how many times he has been crowned the World Traders Challenge champion. If I were the World Champion of anything, I would proudly display it…like this guy holding a beer.

Cyber Trading University

It seems the Fausto Pugliese has a real panache for self promotion. But sometimes self promotion just isn’t enough. Sometimes you need more flair, more sparkle.

Cyber Trading University’s Star Student

Trading Schools reached out to Cyber Trading University and asked for student success rates.  Most legitimate universities publish this sort of information.  However, Mr. Pugliese can provide nothing more than unverifiable “written testimonials” and a reference from a former Playboy Playmate and Cyber Trading University Alumni named “Kennedy Summers.”

In an interview with Equities.com (2015), Ms. Summers explains that since she began day trading, in only a few months, she has transitioned from knowing nothing about stocks to becoming a full time professional day trader. Really? Trading Schools reached out to Ms. Summers and requested comment and whether she is maintaining some sort of trading log that prospective, dreamy-eyed students could review.  No response.  It seems that since the initial promotional splash, Ms. Summers has decided to once again focus on her modeling career.  Her Twitter profile makes no recent mention of her new career as a full time day trader.

Ms. Summers is certainly a lovely looking woman. The following pic is certainly a very revealing photo. But, I have to wonder if her words on the T-shirt do not tell the real story of her involvement with Mr. Pugliese.

Cyber Trading Univesity

Fake?

Wrapping Things Up

So lets go over a few things…

For the past 20 years, Mr. Pugliese has been touting himself as a financial guru, yet he can provide absolutely no verifiable track record of sucessful investing.

Cyber Trading University is selling a financial education for upwards of $15,000 per student. Yet, there is no verifiable track record of how students have performed with this so-called financial education.

The live day trading room has zero track record. There is no official record of trades by Mr. Pugliese or his moderators. No live trading accounts are on display, no trading DOM on the screen, and a refusal by Mr. Pugliese to provide a redacted account statement that verifies that trades taken inside of the live trading room.

A boastful and self aggrandizing Twitter account for Mr. Pugliese reveals nearly 7 years of consecutive winning trades…and never a Tweet or mention of a single losing trade.

And finally, Mr. Fausto Pugliese claims that he is the World Traders Challenge champion…for the past 12 consecutive years.  Yet a thorough and exhaustive online search reveals that no such trading competition exists.  To make such a claim with the lack of evidence, in my opinion, is a display of extreme dishonesty.

Thanks for reading and don’t forget to leave your comments below.  Even the haters and trolls will find that their comments are warmly received.

553
Leave a Reply

avatar
  
smilegrinwinkmrgreenneutraltwistedarrowshockunamusedcooleviloopsrazzrollcryeeklolmadsadexclamationquestionideahmmbegwhewchucklesillyenvyshutmouth
Photo and Image Files
 
 
 
Audio and Video Files
 
 
 
Other File Types
 
 
 
59 Comment threads
22 Thread replies
9 Followers
 
Most reacted comment
Hottest comment thread
25 Comment authors
Jakeelche1stgenerationdtchurndavuha Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of
Newbie Trader
Guest
Newbie Trader

I attended one of his free live presentations. It was definitely a sales pitch, and one thing I remember was him saying that over half of his customers are over 60 or 65 so anyone that old should be comfortable trading. While his honest there was refreshing, it seemed like a expensive bunch of classes, around $5,000 at that time, for elderly people. About 3 months after that I got a series of phone calls from Cyber Trading University. At this point I had heard the words of wisdom from trade2win dot com which said to avoid any companies that… Read more »

sam
Guest
sam

If you ask me, Faustio has stopped trading live for years and CTU has become full on sales dept. I had similar experiences with Preston “pirate” James, and DTI. After a subscription to one of Preston’s now defunct sites, I kept getting a call every other month or so by a different sales guy, sometimes even a foreign sounding voice. Since then, if I ever attend a trading related ad presentation I always put a dummy phone number if asked for one or try to leave it blank. These sham vendors are desperate enough to have cold calling sales dept.… Read more »

Lu17
Guest
Lu17

Do you have any idea if the Jesse Colombo you mentioned as co author of the courses is the same guy who goes by thebubblbubble on Twitter? That guy is delusional. He’s like a far less informed Peter Schiff. Forbes will let anyone write an online column these days.

James F
Guest
James F

Actually the Jesse Columbo in Fausto’s site showed up during my one year tenure (included in the $10K). I dropped from the room about 2 months after being in as I soon realize they got me only a few of the ingredients to trade the hyper dangerous and fast moving pre-market movers so I got out before being killed. The Jesse they have in there was actually the only one that brought in a bit of a swing mentality and the only one that came close to calling real trades. He did a few webinars. Fausto is 99% “passion”, “enthusiasm”… Read more »

Parry
Guest
Parry

This guy Fausto has a nagging team of marketers who kept calling me several times a week. Never give them you phone number. A bunch of BS.

James D
Guest
James D

C’mon Parry. It’s only $500 an hour for a one on one. Then it’s 3 hours of work in the morning and fishing bass the rest of the day.

S.one
Guest
S.one

One thing you guys have to agree! … thats a fine piece of … women right there! I would certainly join the room for the wrong reasons smile

Troy
Guest
Troy

Hey Emmett, let me start by saying that reading your reviews has become one of my favorite things to do after a long days work. I’m glad you have finally found your calling and I hope you continue it with much legitimate success. On a second note, I went to the Las Vegas money show a few months back and I’m pretty sure I went to this guy “Fausto’s” presentation. I tried to pull up the old itinerary online and couldn’t find it but I’m 99 percent sure it was him. What’s weird is he has an attractive blonde assistant… Read more »

Robert
Guest
Robert

So I was reading the article when I got to the picture of Ms. Summers. My computer seemed to freeze at that point and I still have not read anything beyond. I may never.

Goagal
Guest
Goagal

“I am a 13 time champion of the World Traders Challenge.” – Penelope, from SNL.

Tradregino
Guest
Tradregino

Obviously, there’s one important course missing, i.e. ” How to make the Perfect Omlette.”

Osikani
Guest
Osikani

One more try: Emmett, you said: “An exhaustive search on Google reveals absolutely nothing about any World Trader Challenge contest, company or any person related to this so-called World Trader Challenge.” That is not quite true. I remember the day he was presenting on TOS Wednesday chat, and I exposed him in the chat window, only for the moderators to zap my posts. It is very simple: he has been winning a competition that he created, and one in which he is the only contestant. It would be laughable, if it were not so pathetically a scam, that trades on… Read more »

WorldTradingChallengeWhoisInfo.png
Osikani
Guest
Osikani

WTF? After all this time, I post a comment about how I once exposed this scam, and I am told my comment is awaiting moderation?

Rob B
Guest
Rob B

Yea if you change your name, your email or have links it does that.

Osikani
Guest
Osikani

Ah. It must be because the whois record has links in it then. That explains it.

Thanks for the information.

Osikani
Guest
Osikani

Emmett, you said: “An exhaustive search on Google reveals absolutely nothing about any World Trader Challenge contest, company or any person related to this so-called World Trader Challenge.” That is not quite true. I remember the day he was presenting on TOS Wednesday chat, and I exposed him in the chat window, only for the moderators to zap my posts. It is very simple: he has been winning a competition that he created, and one in which he is the only contestant. It would be laughable, if it were not so pathetically a scam, that trades on ignorance of how… Read more »

Rob B
Guest
Rob B

Too Funny,

When you mentioned world champion, before I even saw the picture I was thinking WWE Champion Belt.

As far as Ms. Summer. I believe you Emmett is scum to question you. Now how about a Date, where we bash “EVIL” Emmett? LOL! Man talk about eye candy. Ask her what short sale is and I am sure she will tale about getting those short pants she is wearing on sale.

Osikani
Guest
Osikani

One just wonders what she will say if asked to go long.

dtchurn
Guest
dtchurn

The WWE photo just brought this to mind. One of my favorite TS icons. But a variation with CTU and TDT’s with the same head tilt . The “standard” for professional traders

bptstandard.JPG
sunil
Guest

thank god; what if you had mentioned “naked price action”…

sam
Guest
sam

I’ve had CTU spam email for a long time no doubt sold my email from Busby’s DTI when I attended one of their free ad webinars years ago. They seem to have strong ties with old legacy trading education such as tradersexpo and moneyshow as well as other sham sites.

Resources


Good job in showing their upsell pricing tier structure. I wonder if those who actually tried the courses reported if it helped their trading progress any. I vaguely recall Pugliese’s ad email about the playmate model a couple of years ago.

toto
Guest

yeah World Champion of Bullshit like they all are.

Look anyone that sells you their books,webinars,dvds ,chat rooms is doing it because they cant make a dime trading on their own. Also explains why none will show their account statements and get defensive if asked.

larroo
Guest

there all fucking con artist, bullshiters from the word go

sam
Guest
sam

I still get spam email from CTU occasionally. I never signed up for them so I think they got my email from my having attended one of Busby’s free DTI ad webinars a while back. CTU’s list of “partners”. http://www.cybertradinguniversity.com/resources/ Glad this review was done. He seems to have more “respect” and ties with the older generation of trading educators and he always seems to be listed on moneyshow and tradersexpo as a regular. Did the people who actually took some of the courses report the education helped them any in their trading progress? I never saw the pricing tier… Read more »

Osikani
Guest
Osikani

“She says she makes around $600 on a good day, but can lose up to $1,300 on a bad day.”

At least it would seem that she has rules for quitting, or at any event, a maximum she is willing to lose in a session. That is better than some gurus I have heard about, who trade with no stops, or remove their stops when the stops are threatened.

sam
Guest
sam

Maybe she could start a trading site as a “breakeven” trader after she retires from modeling or gets tired of being a cover ad for Pugliese. Though there is only a slight chance there would ever be verified results but it could work anyways with her following.

1 2 3 4