Day Trading University

Day Trading University
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
2.7

Summary

Ken Calhoun is long time salesman of trading systems, courses, advisories, software, etc. Has been selling trading "wet" dreams since the late 1990's. Onward he continues to dance, sing, and entertain the masses with his stories of day trading glory and day trading lifestyle. Has he ever traded successfully? Yes. He is certainly not the world's greatest trader, but at least some of his trading records are verifiable. For this, he does deserve some credit. Most trading educators, in a million years, would never disclose performance, at least with Ken you have some sort of history. A luke-warm endorsement of a first-rate entertainer.

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Pros: An excellent internet marketer, public speaker, and top-notch salesman.
Cons: An entertainer, trading hustler, and performance artists that have spent the past 17 years convincing the gullible and naive into purchasing his ridiculously corny trading products.

Thanks for reading today’s review of Day Trading University

What is Day Trading University? Day Trading University is owned and operated by Ken Calhoun. I would consider Day Trading University to be one of the few “legacy” day trading educators. Anyone that has been selling day trading courses, day trading rooms, trading advisories for more than 15 years is an old dinosaur. And Ken Calhoun is a very old dinosaur. In fact, it would be fair
to say that Ken Calhoun has been selling trading products since the birth of the internet.

What exactly is Ken Calhoun selling? A better question would be, what is Ken Calhoun not selling? TradingSchools.org assigned our best online sleuth (Reyna) onto the job of curating the entirety of Ken Calhoun’s trading product offerings. It was no small job. In fact, it took her 3 days of digging, researching, and organizing. And yet, she is confident that she has only found about half of Ken Calhoun’s differing trading products and websites. Let us start with the websites we were able to uncover. The following is a list, and we assigned a year in which the website became active and products began to appear for sale:

Website #Website NameWebsite Year Founded
1
www.daytradinguniversity.com1999
2
www.tradingtheopen.com2000
3
www.kencalhoun.com2001
4
www.swingtradinguniversity.com2001
5
www.tradinglife.com2002
6
www.advancedswingtrading.com2003
7
www.breakoutsecrets.com2003
8
www.chartscans.com2003
9
www.stockcoach.com2003
10
www.forexvideos.com2004
11
www.adxmastery.com2006
12
www.daytradingsuccess.com2006
13
www.saxuniversity.com2006
14
www.trademastery.com2006
15
www.tradingjazz.com2006
16
www.forexbreakouts.com2007
17
2007
18
www.forexmegaseminar.com2009
19
www.forextrademastery.com2009
20
www.traderscash.com2009
21
www.breakoutmastery.com2010
22
www.etfmastery.com2010
23
www.pivotmastery.com2010
24
www.shortingsecrets.com2010
25
www.stocktradingsuccess.com2010
26
www.tradewebinars.com2010
27
www.tradingconfidence.com2010
28
2011
29
www.breakoutinsiders.com2011
30
www.eminiinferno.com2011
31
www.howtotradegaps.com2011
32
www.jvtradingwebinars.com2011
33
www.kenswebinars.com2011
34
www.microstops.com2011
35
www.trademapping.com2011
36
www.tradingoilandgold.com2011
37
www.tradingshortetfs.com2011
38
www.forexbundles.com2012
39
www.forexpivots.com2012
40
www.forexscanning.com2012
41
www.forexsuccessstrategies.com2012
42
www.priceactionmastery.com2012
43
www.scanningmastery.com2012
44
www.scanningsecrets.com2012
45
www.stocktradingalerts.com2012
46
www.forexinnercircle.com2013
47
www.forexliveprofits.com2013
48
www.forexmainevent.com2013
49
www.forexsuccessmastery.com2013
50
www.worldstoptraders.com2013
51
www.breakoutprofits.com2014
52
www.speedscans.com2014
53
www.swingscans.com2014
54
www.swingtradingsuccess.com2014
55
www.tradingplanprofits.com2014
56
www.swingtradingentries.com2015
57
www.annualadvantage.com2016
58
www.tradersuccesscoaching.com2016
59
www.winningentries.com2016
60
www.tradingtalk.com
61
www.tradingvideos.com

In total, we found a whopping 61 websites that Ken Calhoun is selling his amazing trading secrets. What is incredible is that all of these websites contain significant amounts of written content, as well as creatively produced promotional videos. Some of the videos are quite entertaining, creative, and expertly produced.

Ken Calhoun is a marketing wizard. He is a restless, non-stop marketing and messaging machine. He cranks out trading courses and trading websites like elephants crank out elephant poop. And websites, advisories, video’s, courses, and ebooks are only part of his marketing arsenal. A deep web search of MoneyShow.com and Traders Expo archives reveals that Ken Calhoun is one of most frequent speakers on this well-known trading circuit.

The Money Show and Traders Expo

Let’s talk a moment about The Money Show and Traders Expo. Every newbie trader, at some point, is going to bounce through a Money Show or Traders Expo convention. It’s almost like a “right of passage” for all new traders. These conventions are as predictable and reliable as the sun rising in the morning. Every quarter, of every year, for the rest of your life, you will find a Money Show or Traders Expo convention in every major city, on every continent. Today is September 15, 2016. And tomorrow is September 16, 2016…guess what? There is a Money Show happening in Toronto, Canada. Can’t make it to Toronto, no worries because the Traders Expo will be in Las Vegas on November 16.

The Money Show and the Traders Expo is packed to the roof with ridiculous trading charlatans selling everything from software that uses moon cycles and mystery algorithms, to some guy selling a penny stock in aKen Calhoun company that markets perfume derived from pig droppings. Every ridiculous and nutty investment idea that is known to mankind passes through these conventions. Keep in mind, the investment opportunities found at The Money Show/Traders Expo are the stuff that no venture capitalist would ever touch. And no bank would ever fund. The Money Show/Traders Expo is a carnival attraction. The Money Show/Traders Expo draws in the ultimate newbie, the senior citizen with too much time on his/her hands, or the wild-eyed kid looking to turn $500 in $5,000,000 in day trading profits. But what most convention attendees do not realize is that anyone can be  a “Featured Speaker or Featured Presenter” at these glossy conventions, all you need is to pay $7,000 to $20,000 for the loftiest perch in which to sell your wares. Heck, the Money Show is so unscrupulous that they would probably let Bernie Madoff pitch his amazing investment opportunity. But since Bernie is currently residing in the Federal Penitentiary, then the fraudster known as Jason Bond will have to do. (read about Jason Bond Picks here)

At the Money Show/Traders Expo, you will find Ken Calhoun up on the stage, talking and dancing and gesticulating wildly with his hands. “Day Trading is so darn easy!” And, “My newest trading indicators are guaranteed to make your underwear sizzle!” Or, “My newest stock scanner picks winners like Warren Buffet!“. The Money Show is a show, meant to get your money. Ken Calhoun is akin to a TV evangelist, preaching and praying, and dancing and hustling the crowd. Note: Ken never said he can make your underwear sizzle, but you will be so excited by his presentation that your underwear will feel sizzly with anticipation.

Is Ken Calhoun a con artist?

Ken Calhoun is not a con artist. Ken Calhoun is a performance artist. He is like the guy at the carnival, trying to tempt you into spending a few dollars to win a stuffed animal worth only a few pennies. He is like that guy on the street corner, selling a fake watch for $15, or the guy at the stoplight that hurriedly washes your car windows and then guilts you into giving him a dollar for his unwanted labor. He resembles the guy you see on late night TV, selling a toaster oven, or a kitchen knife that stays sharp forever. Ken Calhoun is a great salesman. He can sell anything to anyone, at any time. He is the quintessential used car salesman. Like this guy…

Should you be taking investment advice from Ken Calhoun?

In my opinion, the better question to ask is whether Ken Calhoun has ever traded successfully? Sure, Ken Calhoun loves to make wild claims of trading success. However, he is never willing to admit whether he is a net-profitable trader or a net-losing trader. And this is the genius of Ken Calhoun, he pushes right up to the edge of what the financial authorities will allow, and then only tempts the line. He is never willing to cross the line and make wild claims that he has earned millions of dollars each year, or even had profitable months. His performance claims are a strip tease of “give me a little money and I will show you a little-bit of my charms.” He doesn’t cross the line. Everything he does and sells is a show, a performance, an exciting potential of how great your life could be if you only know the trading secrets of Ken Calhoun. As much as I would love to scream and holler that Ken Calhoun is a con-artist, the simple truth is that Ken is just a performance artist.

Let me give you an example of how Ken Calhoun is crafty with his marketing. Notice the following promotional video, how these lovely ladies pronounce that Ken is a “real trader” and the rest of those “so-called traders are just fakers and phonies”.

 

Ken Calhoun Trading Performance

Ok, so the lovely twins are very clear in stating that, “Ken Calhoun is a real trader” and that “Before anyone purchases a trading course, they should ask for real results”. This is great advice from the twins. But now let us take a closer look at Ken Calhoun’s trading record, which can be found at Ken Calhoun’s online forum located at www.tradingtalk.com.

We dug through TradingTalk.com and in an attempt to curate a complete trading record of “real trading results” from Ken Calhoun. Unfortunately, the “real results” listed are a little skimpy. There is no complete record, by any means. Example: Ken will upload a grainy screenshot, from a camera phone and say, “Look I made $500 trading Apple!” And I have little doubt that he really did successfully earn $500 trading Apple, but a singular screenshot posted once a week, really tells me nothing about Ken’s ability to trade. The key takeaway is that Ken Calhoun gets close to the line by insinuating and suggesting how successful he is, but he never crosses the line and makes claims that he has ever made a consistent income from trading. In fact, the fine print on his trading forum contains the following:

Most of my personal income is from training active traders, not trading.

The posted trades is not by any means a complete record of all my trades (sometimes I may make many dozens of trades a day, which I do not take time to document or screencap). I take many stops as well as wins, which I have not screen capped or included here. This is a partial record of some of my winning trades, and stop-losses, to illustrate what my more successful days look like. It is not a complete record of all of my trades.

I want to continue to make that clear, for transparency and compliance; eg I’m primarily a trainer of traders; that’s what I do for a living. I do not claim to be a hugely profitable trader making a fortune trading, nor do I claim that my training will do that for others. It’s all about learning from wins and mistakes, with our goal to be learning how to trade more successfully.

Ken Calhoun deserves at least some applause

Ok, so now that I bit a chunk out of Ken Calhoun about his skimpy trading records. Let me talk a moment about the positives…first and foremost, he does have a positive track record of trading. In fact, during the year 2009, Ken was able to produce a profitable year and earned nearly $20,000 from his trading. Some readers might scoff, and be thinking to themselves that this is a paltry sum. However, in the world of trading educators, the fact that Ken does disclose at some verifiable results puts him in a class of his own. In fact, since I began writing reviews of trading educators, Ken Calhoun is only 1 of 5 trading educators that I have been able to verify, at least some performance. So he deserves credit for that.

Wrapping things up

In my opinion, and this is only my opinion, Ken Calhoun does not deserve to be thrown into the same class of charlatans and hucksters that consume so much space on the internet. Is he a world class trader? Probably not. And he admits it. In fact, in a telephone conversation, he was very open and honest and preferred to not to have to sell trading products at all. But selling the products helps to make ends meet, and he sincerely feels that he has something positive to offer the trading community. One of the other things I found interesting about Ken is that during our telephone conversation, he is very quiet and non-excitable, this stands in stark contrast to so many of his promotional videos. When asked about this, he simply replied, “hey, I want to give a good presentation and people deserve to be entertained. Ok, Ken. You are certainly entertaining. With this in mind, I will leave you with Ken providing yet more entertainment to the audience…

One of the other things I found interesting about Ken is that during our telephone conversation, he is very quiet, reserved, and non-excitable, this stands in stark contrast to so many of his promotional videos where he resembles a wild-eyed televangelist. When asked about this, he simply replied, “hey, I want to give a good presentation and people deserve to be entertained. Ok, Ken. You are certainly entertaining. With this in mind, I will leave you with Ken providing yet more entertainment to the audience…

Thanks for reading and don’t forget to leave a comment below.

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63 Comments on "Day Trading University"

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Pete
Guest

This review is further proof that Al Brooks’ claims of consistent trading success are shocking and not industry-standard. Consumers must weigh what Brooks has been doing consistently (selling trading material) since 2008 with much more gravity and prejudice due to his unusual claim of consistent profitability and his (IMO) violation of the Hippocratic Oath. We must remember Ken Calhoun never took this oath. Al did take this oath and uses his background as a doctor to earn our misplaced trust and we have suffered as a result.

Lucky7
Guest

Can you give it a break with the Al Brooks stuff
? All I see is you complaining about Al Brooks on every single review. We get it, you don’t like the guy… but you make It sounds like the guy ate your newborn or something. Let Emmett do the review or just get your own ihatealbrooks.com domain so you can talk about how much mental and physical anguish brooks has brought upon your life.

Pete
Guest

Other folks are in agreement with me and see similarities between Brooks and scammers mentioned on this site. You think Brooks gave you an edge in trading, you’re the one making the outlandish claim that does not fit with the moral lessons extracted from these many great reviews Emmett has done of Al Brooks-like characters.

Stray Dog
Guest

Well I do have sympathy for Lucky7s point of view. We get it Pete, you hate Al Brooks and probably with justifiable reason but the last three reviews have been hijacked by this Al Brooks stuff and the discussion about the people being reviewed is getting lost because of it.

You have demonstrated that you are capable of articulating your points of view about Brooks so do that, submit it to Emmett. If he gets enough complaints then I’m sure he’ll follow up on it, or you could write the review yourself and send it to Emmett.

Pete
Guest

Brooks and Calhoun have both been using the Moneyshow to further their agendas. All readers who want to see Brooks get reviewed holler at Emmett ASAP

Rob B
Guest
Do you really need a review of Brooks. He does not show a single trade or any proof what so ever he can trade profitable. I put him in the same camp as Mack, who circles a bunch of trades you could have made all in hindsight. Man it is easy to find perfect trades in hindsight and circle them, especially when you ignore all the other trades setups that look the exact same but did not work. Anyone that can truly day trade profitable and wanted to sell their services, would clearly show their trades and be more than… Read more »
Stray Dog
Guest

You don’t have to holler at Emmett, you could go to the “Add Listing and Review Request” tab and make a post there.

Dave
Guest

@Pete I do get the connection between Ken Calhoun and Al Brooks

T. Nguyen
Guest

Emmett,

You actually copied an paste the following twice in your review here..

“I have little doubt that he really did make $50 trading Apple, but a single grainy screenshot, posted once a week, really tells me nothing about Ken’s ability to trade. The key takeaway is that Ken Calhoun gets close to the line by insinuating and suggesting how successful he is, but he never crosses the line and makes claims that he has ever made a consistent income from trading. In fact, the fine print on his trading forum contains the following:”

Pete
Guest

Your online sleuth should find much dirt on Al Brooks as well based on her expertise with Ken Calhoun. The “professional trader” Dr Al Brooks who “trades for a living” should be left in shame once he realizes the seriousness of his (imo) flagrant and callous violations of the Hippocratic Oath and the harsh judgment he should face from the international community of traders he has misled and profited from for nearly a decade now, while irresponsibly using his privilege and status as a doctor to strengthen his sales pitch, without critical refutation or condemnation for nearly a decade.

Stray Dog
Guest

Keep banging on your Al Brooks drum Pete. Violation of the Hippocratic Oath is a stretch. You should detail what it is that’s angered you so much about Al Brooks in a review and send it to Emmett.

Pete
Guest
You don’t think the dangerous ideas Al Brooks has propagated since 2008 have led to insolvency and distress for many people? His actions HAVE clearly done that to atleast one person, therefore I find him in violation of the Hippocratic Oath. There is no edge in his methodology it’s a vague descriptive series of inappropriately oncretelabels to describe randomness, 2. he appropriated ideas from predecessors without properly acknowledgement, i.e. Elliott Wave theory’s waves is very similar to Brooks’ “three-push pattern”. 5 minute close of the bar is looked at by institutions on line charts to determine next institutional movement is… Read more »
Winter Is Coming
Guest
Winter Is Coming
@Pete This is probably the wrong thread to discuss Al Brooks, but I guess this is as a good a time as any. I’ll be honest with you and say that I totally get where you are coming from. Al Brooks is held as being a Saint that has totally and utterly mastered Price Action trading. But there is zero proof he trades now, has traded in the past or has been profitable from trading, period. I have read all of his books. Sure, there is some merit in a few of his topics, but where I start to raise… Read more »
dtchurn
Guest
I was in Brooks room for a couple of months. I also saw how his commentary often differed from what was in the book and how he tries to equate changing bias as “always in long” vs. “always in short”. It’s almost cult-like in his terminology in the book. Failed-failure. H1H2, breakout-pullback etc. Some of what I remembered in the room. Once he said it was like floating along a river rapids in a raft bouncing around following the current, presumably attesting to his trading prowess. I don’t understand how he takes the room so seriously for the entire session… Read more »
Stray Dog
Guest

There you go Pete. An intelligent and articulate outline of your issue with Al Brooks. You don’t need Emmett to write a review. You’re very capable of doing it yourself and Emmett may appreciate the help with the heavy lifting.

toto
Guest
I agree with Pete. Since 2008 Brooks has been selling a lot of books and runs a live trading room. His room turnover is very high as expected. I was in his room at beginning for about 3-4 months until i realized it has no value. Most what you hear in his room is “maybe” “but” “possible” never anything clear. I feel like i wasted $400 dollars and lots of time reading his hindsight analysis bs. Whats ridiculous is Al claims to be trading many contracts scalping ES for 1 Point all day. Never mentions entries Live,only mentions Exits after… Read more »
dtchurn
Guest
Nice to TS now taking on the legacy vendors and “official legit” face of the trading education industry i.e. moneyshow. Good coverage of “link pimping” in the previous review of CTU. I had long used a dummy free email account to trial out vendors and along with CTU and DTI (Busby and sons) , there are tens of thousands of spam email over the past few years. I think the days of moneyshow milking the retirees and newbs are numbered. As the baby boomers get too old to trade, gen-x and younger generations are of the internet type to push… Read more »
BigLou
Guest

That damn Unicorn.i know she is out there!
Is there a trading vendor/educator/room that you can see the actual Gurus trader blotter as he/ she buys and sells an equity no demo crap real live account trading. Where you can see 500 shares long and see it on your end time and sale match his/her order entry the close out for profit or loss…or is that Wayyyy too much to ask for for $200 monthlty sub fee? Also match broker account statement kinda seals the deal with consistancy and eliminate cherry picking trades.
Anyone?

Rob B
Guest
No one that can deliver the fantasy returns with no drawdowns like the Day Trading Rooms promise. But that is what people want to belive in the fantasy. There is a reason virtually all the rooms Emmett’s reviews are rated 1 star. Hedge funds managers who are paid hundreds of millions are doing cartwheels if they can get a 25% return in a year and most underperform the S&P. But no one wants to hear that. All you have to do is work hard and you to can turn a $5000 account into a million dollars. As I have said… Read more »
Mocha Jim
Guest

Emmett, is it true about what they are saying on other sites about you? You have tax liens for tens of thousands of dollars against you? Isn’t it hypocritical of you to demand transparency from traders while you yourself are obviously terrible with your finances? Seems like you may not be the best person for the job? Thoughts?

Rob B
Guest
Who would know a con artist better than a con artist? Who better to call out the worst scum on the planet than the number 1 Master Criminal? Also when I read what Emmett writes it is exactly what I experienced in the past with day trading rooms. If you question it go to any of the day trading rooms and do the exact same thing and ask for them to show their DOM and provide real proof of profitable trading. And you too will quickly see the light. And on a side note, “frequented many prostitutes”, liking the ladies… Read more »
Stray Dog
Guest

I’ve been a bad dog too and enjoyed it immensely, probably because I escaped without having to face too many consequences.

dtchurn
Guest
It’s a strange twist of fate, Emmett with his dark past is the vanguard of this expose blog finally bringing to light all the tricks to these scams many have wondered about but not dared to voice in most forums and other review sites all brought together as a single convenient list style reference. Before, you had to dig in old posts in the depths of places like elitetrader, forexpeacearmy, ripoffreport and yes, even the isolated dissenting comments shoved to the back of investiscamma often suffocated by the shill comments or the vendors themselves. Like Emmett said, he’s fully transparent… Read more »
CCtrader
Guest

Haha. I received a flyer in our mailbox about Money Show, and Jason Bond is presenting in Dallas. I want to go with my millionaire grandpa to make more millions. You guest it! I’m sarcastic.

Gaspy
Guest

Can you do review of aheadofthecharts.com dekmartrades or tradenet.com ?

Ken Calhoun
Guest
Ken Calhoun
Hi Emmett – I’m one of the top-respected figures in the trading industry. I am Ken Calhoun, UCLA grad, not the same person as “Kent (with a t) Calhoun” referenced above. I have been in business since 1999 (not earlier). Read that document; it’s a different person (in a different state, Texas). Your comments in the Entire area of ‘an unsavory past’ above are NOT me. I’m Ken Calhoun, NOT Kent Calhoun. Different educator entirely. That person is Kent C. Calhoun; I’m Kenneth Edward Calhoun. Here’s a screencap Proof of my UCLA degree & name: http://trademastery.com/wp-content/uploads/2015/04/KenUCLAGradProofthumb.jpg I am a real… Read more »
Dave
Guest
@Pete Ok, I don’t follow Al Brooks much so I will pass on this. @Ken Calhoun I thought your post was reasonable until the end when you wrote ” This entire post has been screencapped and saved to pdf as evidence. -Ken Calhoun .cc legal “” The thing that annoyed me the most is that either you don’t seem to know that CC does not work in comments the way or you think writing .cc Legal give it some gravitas. Why the veiled legal threat? It makes me think Emmett was striking a nerve in coming close to the truth.… Read more »
rtchoke
Guest

Who knew — that Shakespeare knew about trading?

rtchoke
Guest

On second thought, Shakespeare always wrote about the big themes — greed, lust, power, revenge. Yeah, that sounds just like a trading scamsite.

Stray Dog
Guest

In addition to greed, lust, power and revenge Shakespeare would often throw in some crazy plot twists and a bit of cross dressing – sounds like a night out in Bangkok to me.

Ken Calhoun
Guest
Ken Calhoun
I went to my local police department last weekend (as well as consulting legal counsel) for help; everybody has been very supportive. Background checks, prior court actions/history, google+ pages and other publicly available records have been provided to law enforcement. I’m fully compliant with applicable regulations and my company is successfully growing, as we’ve done since 1999. I’ve never evaded taxes nor entered into any contracts with anyone regarding my business. I have no idea what this is about. Everything is being documented as evidence (including this page); as this is an ongoing investigation no further comments will be publicly… Read more »
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