DayTradeToWin is a day trading educational company with a supposed winning track record of 8+ years. Not a single losing month, not a single losing week. Unfortunately, its all a fantasy from the land of leprechauns and unicorns. In direct conversations with the owner, John Paul, he was not able to produce any proof of these amazing performance figures. Avoid.
Thanks for reading today’s review of DayTradeToWin
What is DayTradeToWin? The company is a day trading education company that is owned and operated by a person named John Paul, operating out of Boca Raton, Florida.
A quick search of Archive.Org reveals that the DayTradeToWin website came online in late 2007, or early 2008.
In addition to the website, DayTradeToWin has a YouTube channel that came online October 13, 2008. The YouTube channel currently has 19,000+ subscribers with over 2,200,000 page views of the videos. In terms of social media coverage, subscribers and page views, the DayTradeToWin YouTube channel should be considered one of the largest trading promotional businesses on the internet.
DayTradeToWin has the following product offering:
- 8 week mentorship program at $5,400
- Atlas Line Trading Software at $1,799
- The Trade Scalper Software at $597
- Power Price Action Trading course at $995
The crown jewel of the DayTradeToWin products is the mentorship program. The mentorship program lasts a total of 8 weeks. Included in the mentorship program is the opportunity to watch John Paul trade on a simulator for two hours, each week.
During the two hours of live simulated trading, John Paul also gives his opinion of the market and how it relates to his trading method.
From 2008 through October 2015, DayTradeToWin posted highly detailed performance claims.
The current website reveals “real time” performance from April 2011 through October 2015. TradingSchools.Org exported all of the trades and analyzed the supposed performance. In total, Jean Paul is claiming that he earned $898,000 in profits from 3354 trades. During this period, Jean Paul also claims to have no losing months, nor any losing weeks. A truly incredible record…if true.
Prior to April 2011, DayTradeToWin posted highly detailed performance claims dating back to 2008. These performance claims were even better. The average winning month was typically ranging from $30,000 to $70,000 in monthly profits. Once again, no losing months, nor any losing weeks.
For eight consecutive years, Jean Paul claims to not have a single losing week at day trading. I dont know about you, but if I were able to profit 416 consecutive weeks, and never have a losing week, this would be some sort of world record. In fact, in the past 2 years of writing these reviews, I have never witnessed such an amazing winning streak.
But is it real?
Contacting Jean Paul
During the months of June 2016 through July 2016, I made several attempts to contact Jean Paul. Several emails, and several phone calls. He does not answer live phone calls, so I was forced to leave several messages. During this period, I could see that Jean Paul was opening my messages, but he was not responding.
Finally, during the second week of July 2016, he finally called me back. In my opinion, he was motivated by two separate conversations from investors that had spent a great deal of time and resources attempting to learn his methodology. These individuals gave me details of their individual experiences, and I wanted to know if Jean Paul could provide a rebuttal.
In addition to seeking his comment from previous students, I also wanted to verify the supposed performance that Jean Paul has been claiming since 2008.
The telephone conversation was amicable and I found Jean Paul to be soft spoken and quite honest about his trading performance. He was upfront and plainly admitted that the posted trading performance was a hypothetical, best case scenario. And that the listed performance is meant as marketing and advertisement.
I next explained to Jean Paul that the vast majority of negative reviews are a result of the trading vendor not having a verifiable track record of trading results. And, at the end of the day, this was the most effective way to evaluate whether a day trading educational program was worth the investment. He understood.
Next, I asked if he could provide a redacted account statement for any portion of the supposed performance period from 2008 through 2016. That I was not looking for month upon month, nor year upon year. I was only asking for a tiny sliver. I explained that if he could produce only a single month of winning trades, even a modest month, that this would be enough for a positive review.
A positive review from TradingSchools.Org is very rare. There are typically a minimum of 5,000 unique daily visitors to the TradingSchools.Org website. A positive review is a major boon and can drive a lot of sales volume. I pleaded with Jean Paul to produce only a single winning month. He explained that he could not provide a winning month, but he could perhaps provide a winning day.
A lot of readers might be laughing and thinking to themselves…anyone can produce a single winning day! That the bar has been set so low that surely Jean Paul could produce a single winning day. Unfortunately, Jean Paul can produce absolutely zero proof that he even has a trading account. In spite of my begging and pleading for some sort of proof, he simply replied, “I will look into it and get back to you”. After waiting and waiting, and asking, it appears that Jean Paul can provide absolutely no proof whatsoever.
Conversations with prior students
Over the past two years, TradingSchools.Org has received 20 individual requests to review John Paul and DayTradeToWin. Of those 20 requests, two of the individuals were prior students and had spent several thousands of dollars for the software and private mentoring.
Both individuals had dismal results. The first individual lost a cumulative $35,000 in trading losses, trying desperately to replicate the trades from the “Atlas Line” trading software. Over the course of several months, he poured his heart and soul into the dream of becoming a full time professional day trader, just like Jean Paul. However, he would experience losing week after losing week. Multiple times he would deposit an additional $5k to $10k into his trading account. He just could not understand why he kept losing and yet Jean Paul kept reporting winning week after winning week.
The experience for this individual was heart wrenching. His wife begged him to stop burning through their retirement savings. He was semi-retired and was pinning his hopes on making it work out. Finally, after several months of disappointment, he finally came to the realization that the DayTradeToWin training program was flawed to the core. He had built his house upon a faulty foundation. The foundation of his decision to participate in the DayTradeToWin educational program where the performance claims that Jean Paul had listed on his website. In retrospect, the customer told me in a phone conversation,
“I should of asked him to prove that the results on his website were real. I based my decision and future upon these figures”.
The next customer interview is similar. This person discovered the DayTradeToWin educational program from the NinjaTrader Ecosystem website. He participated in a webinar and came away with the impression that Jean Paul was, “the real deal and he sounds so convincing”. This was the first step in his journey.
The next step in convincing him to purchase were the YouTube videos. If you watch the DayTradeToWin YouTube video’s, you will notice that every single video replay of “live” market action concludes with a winning trade. These winning videos put him over the top. However, upon further review of the YouTube videos reveals that the videos are nothing more than market replay. In other words, Jean Paul enjoys the benefit of knowing the result, before he places and records the trade on the screen.
With both customers, they also were convinced by the large amount of “customer video testimonials” that Jean Paul has prominently displayed on his website. In speaking with both individuals; in retrospect the video testimonials could be the work of pure fiction. Both felt embarrassed, and ashamed that they were so naive, and believed the supposed performance claims. The second customer said the following:
I didn’t want to seem rude by asking for an account statement. I just assumed it was real. And that if I could come close to the performance claims, that I would of been satisfied. In retrospect, I wanted to believe so badly that this could change my life for the better, that I allowed it to cloud my judgement. There red flags were there the entire time. I just refused to acknowledge them.
Wrapping Things Up
Is a DayTradeToWin a scam? In my opinion, there are a tremendous amount of red flags. Most troubling is the performance record. I consider it to be highly disingenuous, or even borderline fraudulent to tout these sort of investment returns, and yet provide absolutely no proof that any prior trading success has ever existed. In short, the supposed performance claims serve as “bait.” The YouTube videos, that give the impression that every trade is a winner, serves as yet more bait.”
The customer testimonial video’s are yet another piece of “bait”. And one small, and seemingly insignificant piece of evidence is that Jean Paul claims that DayTradeToWin has been featured on Bloomberg, Wall Street Journal, and Reuters. However, a through and exhaustive search of the archives of these reputable websites reveals no such articles that feature either DayTradeToWin or Jean Paul.
So does Jean Paul have anything of value to offer? Thus far, I have spent about 3 hours reviewing various YouTube videos that Jean Paul has published. In my opinion, he obviously has a great deal of experience at trading, and some of these videos are quite useful and informative.
Hopefully, at some point, Jean Paul is going to read this review. And maybe this review will motivate him to “get real”. Start showing some sort of real track record that can be verified and gives a more realistic portrayal of his trading abilities. At the end of the day, people are buying a product that display his best abilities.
Well that’t it for today. Thanks for reading and don’t forget to leave a comment below. Even the haters, trolls, shills, and delusional will find a warm and receptive response from me.