Dekmar Trades *Update*

Dekmar Trades
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
4.1

Summary

Can you make a consistent income day trading penny stocks? Maybe.

Since our original review of Dekmar Trades on April 5, 2017, we can report that Sean Dekmar is still a net profitable day trader. And user feedback has generally been positive.

Penny stock day trading is extremely difficult. Nearly everyone will lose. But Sean Dekmar continues to grind higher. And truth be told, TradingSchools.Org did not have much confidence that he would continue to generate a positive return. After observing Sean Dekmar for these past 6 months, I am actually impressed and a little bit jealous that he is doing what I could never do. Make a nickel at day trading penny stocks.

Included in this updated review is a breakdown of affiliate income that TradingSchools.Org has received from our promotion of Dekmar Trades.

Thanks for reading today’s update of Dekmar Trades

On April 5th, 2017, TradingSchools.Org posted a highly positive review of Sean Dekmar of Dekmar Trades.

You can read the original review by following this link: Dekmar Trades Review

Today, I want to go over a few things:

  • The income that TradingSchools.Org has received from our affiliate relationship with Sean Dekmar at Dekmar Trades.
  • Both positive and negative user feedback. Please note that none of this information has been shared with Sean Dekmar until now.
  • Most recent performance summary.

Before I jump into this, I want the audience to know that I took a huge leap of faith by writing a positive review for Sean Dekmar. He is a penny stock day trader. Which as far as I am concerned is a rigged game. The spreads are wide and dangerous, the price is easily manipulated, and the listed companies are often of a highly dubious nature.

To make matters worse, Sean Dekmar is trading with a TD Ameritrade account, which sells the execution order flow of these penny stocks to whoever is willing to pay the highest rebate. Truly a stacked deck against the average day trader.

Yet, Sean sent me daily account statements that revealed he could actually earn a consistent profit.

With this in mind, I wrote a positive review. I hoped for the best. But truthfully, I expected the worst. So let’s jump into this…

Affiliate Income

Since June 2, 2017, TradingSchools.Org has been paid $1,366 in affiliate income for the promotion of Dekmar Trades.

Some folks are probably already poo-pooing the idea of the affiliate relationship. However, running this stupid blog has been a major time suck. If you think I am driving an orange Lamborghini with bikini models, you need to get your head examined by a licensed health care professional.

Trust me when I tell you…the business of uncovering frauds, fakes, and phonies is not nearly as profitable as being a fraud, fake, or phony.

The affiliate income ‘is what it is’. Unless readers want to flip TradingSchools.Org into a subscription based model, then having these relationships is the only way to keep the lights on.

Now that we got that out of the way, let’s jump into user feedback.

Positive and Negative User Feedback

Until now, none of this has been shared with Sean Dekmar.

Let’s start with the negative feedback:

The biggest problem that I am hearing about is the ‘alerts box’. What is that? Sean is making live calls, and some of these trades are not fillable for the average user. For instance, he will call an entry for a penny stock with a wide spread, and he will magically get the best price fill. Both on the entry and the exit. This is a big red flag. In fact, I have been highly critical of nearly all stock trading educators for committing this exact same foul.

Through a little bit of magic, I later discovered that Sean was not actually taking every single trade that he was calling through the alerts box. In my opinion, users were hungry for action. They had paid a fee to be served juicy trades, each and every day, and so Sean started ‘Carnival barking’ to provide ‘entertainment’. Not good.

The hard and simple truth is that day trading is not a reality TV show. Where everything is scripted and users can expect to be entertained daily. Sometimes doing nothing is actually the very best thing you can do. But when you have paying subscribers expecting to be entertained, then I can understand the temptation to toss out marginal trading signals.

So Sean, when you read this…if you are not willing to take the trade. Then don’t make the call. It’s better to lose subscribers than losing your reputation.

The next most common complaint is that Sean pushes the Trade-Ideas affiliate program pretty hard. Personally,  I don’t have a problem with that. Trade-Ideas is an excellent stock scanner. If Sean can pick up a few bucks by promoting what he personally uses, then that’s OK with me.

Let’s now talk about positive user feedback:

TradingSchools.Org received two emails from users that offered the same positive feedback. Both persons essentially wrote the same thing. That they quickly learned that speed and decisiveness were the key to ‘turning the corner’. Especially when taking a loss.

Penny stocks can move extremely fast. One moment, you can have a big winner. Only a few minutes later, the profit is now a loss. Being able to overcome the emotional urge to “hold on for just a minute longer” was the key to having a profitable month.

Users explained that Sean is good about taking losses. He doesn’t waffle and waylay. He is quick and ugly about cutting the cord.

Another bit of positive feedback is Sean’s dedication to the craft. Users explained that “this guy never leaves the market. Is completely obsessed-24/7.”

Recent Performance Summary

On our last review, which we published on April 2017, things were looking pretty good.

For the past four months…

  • April +$2000
  • May -$3000
  • June +$400
  • July +10,000

For the month of July, I have included the brokerage statement. This should give you an idea of the frenetic nature of day trading with Sean Dekmar.

Wrapping Things Up

Obviously, Sean had a really good July. Hopefully, he can keep up the positive momentum. We will check back in another few months. And continue to provide updated performance summaries.

In my opinion, the big story is the total amount of commissions paid by Sean Dekmar.

Its pretty nutty that he still trading with TD Ameritrade. In fact, I would hope that Sean would consider getting his prop traders license and opening an account with T3 Trading. This would probably be the best place for him. This would cut his costs from $1k per month in brokerage commissions to about $200 per month. A big difference.

Thanks for reading. Would love to read your comments below. And if you have subscribed to Dekmar Trades, would appreciate if you can anonymously leave a comment about what you like or do not like.

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60 Comments on "Dekmar Trades *Update*"

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Jimbo
Guest
Maybe I’m missing something here as I’m new to all this trading business, so I hope you can correct me if I’m wrong, but something doesn’t seem to add up though it may be legit. I was looking through the performance summaries and comparing the data with Market watch where you can look at the data of stock on a given day. So I checked the CLSN shares on the 5th of July this year which in the summaries were bought for 2.05, 2.25, 2.26 among other prices but according to Market watch CLSN opened for $2.63 that day and… Read more »
John
Guest

Premarket buys probably

Matt35678
Guest
As a subscriber to Dekmar Trades I find this review to be inaccurate. Sean only alerts plays that he would jump into himself. He always states an entry and exit. Any play alerted is credible as to why it is moving, generally press release or chart pattern. He uses etrade. Always shows his p/l after every trade. Also the stock we play are high volume based off their 3 month averages so all this talk about wide spreads is inaccurate. I’m in chat m-f and see this all first hand. Trust me I was skeptical at first also but he’s… Read more »
Rob B
Guest
I watch this guy pimping SW and I get so angry that I have a challenge for you Emmett. And there is no excuse not to step up to the plate and take it as you do not even have to call or email Sean. And I will break it down to simple steps: 1) Rehire that poor sweet Filipino girl, 2) Setup a live trading account for her to trade, 3) Have her sign up for Dekmar’s TR and 4) Have her make 2 different trades: a. Trade based on his Trade Alerts (which we know he does not… Read more »
Cyn
Guest

I agree with what you say here, but again, it would appear that the SW pimp is Dean Jenkins of followmetrades.com. not Sean Dekmar. It seems pretty certain that they are not the same, no?

Rob B
Guest
Cyn
Guest

It seems that you have the wrong affiliate, no? Unless of course Dekmar and Dean Jenkins are the same. The page you reference directly says, (see picture).

ArtOfTradingSoftware.png
Rob B
Guest

Darn, you are right as usually, I got these 2 mixed up sometimes as Emmett gave both a good review. Maybe Emmett can move it to that page instead.

But my challenge for this room stays in this thread.

Jenny Wok
Guest

This dekmar guy rave rave reviews but I learnt in past that it is best if we can see student reviews that have been verified as well.

Rob B
Guest

Indeed as student’s proof of success eliminates the pump and dump scammers. But in this case I have yet to see verified proof by the vendor. He has produced something, yet I know 100% sure they are not TD Ameritrade Brokerage statements as Emmett stated. So what the HELL are they?? That is the Q!

Thomas
Guest
The Alert Box purpose is to show what are some other good trading options and give traders a trading plan as they state the Entry, Exit, and Stop Loss they should consider on that play. Sean will always tell you before hand what stock he is going to get into and when he gets into it. He live commentates everything and explains why he is going into each trade so it is a great learning environment, so there is never any confusion. YES he trades his own alerts, he just puts other alerts in the Alert Box that he thinks… Read more »
Rob B
Guest
What complete BS! Actual I have listened to him and he does what virtually everyone of these day trading room con artist operators do. Motherhood Talk, like this is a good area and so forth and so forth and then claim victory no matter what happens. That is easy to do. What is hard to do is actually take a live trade with a real stop loss and a real target and make money. Being no one else can step up to the plate, maybe you can show how you are knocking it out of the ballpark trading Sean’s Trade… Read more »
J J
Guest

No one, including Sean, claims to be “hitting it out of the park” with his alerts. He makes money trading – if you are in the chatrooms you’ll see that – but “hitting it out of the park” is NOT Sean’s focus. His focus is to EDUCATE traders. Which he does by making sure every alert (whether initiated by himself or a sub) is credible AND by explaining his reasoning behind each and every alert/play. Once again, if you’re actually in the chatrooms instead of spreading your fallacious negativity on this blog – you’d already know this.

amit
Guest
Improbable fills, Ghost trades, Penny stock environment are all red flags. To that add the fact that he is pushing trade-ideas for affiliate income show that he himself is not happy with own trading. Lastly, account statements sure do not look authentic, mere some different software than MS excel. Seems the model is deceptive at least and border lining crooked. Btw, he is also selling T-shirts and caps. Better advertisement or some more side income. In trading business, authentic performance verified via brokerage statements and real time free trials is the best advertisement and promotion tool.
Rob B
Guest
I am sorry but count me extremely dubious. 1) He does not even trade his trade calls. This is beyond red flag, 2) Two people claimed he is helping them, yet showed you no prove they could trade profitably, 3) Sean claims to be making all this money, yet in the previous article not one person could come forth and show proof they are making money. 1 person that was associated with the room bragged, yet when asked to show proof of his claims he could not. This is extremely beyond red flag to me, 4) Finally those brokerage statements… Read more »
John Santos
Guest
John Santos

Speaking of trading statement, I’d like your opinion, as well as everybody reading this, on the trade statements here http://scorpionfx.com/trade-performance (scroll down the page to November 16 to see eight months of daily trades).

Either this is a big scam or these guys are the gods of trading. If they made 22,672 pips as claimed, they could have had up to 1000% ROI depending on leverage. Account management minimum $100k and one-year commitment.

I’d appreciate the feedback.

James Mincell
Guest
If you’re going to invest with someone in fx they need to have a verified portfolio linked to http://www.myfxbook.com/most-popular-forex-systems or show you brokerage statements or even tax returns.That bullsh*t picture performance has to be the funniest thing I’ve seen in a while.Search Robert Halterman forex on Facebook and see how many fx scams have been exposed so far and how much money people have lost. Trading is mostly a very individualistic sport, you need to find your edge not “Make 10,000% this month with my calls”. What has been their long term verified performace, that’s what investors need to see.… Read more »
Rob B
Guest

I have to comment about myfxbooks statement. Myfxbooks is the con artist tool. They set up a White Label Forex Brokerage for a few thousand and then send trades to Myfxbooks. The whole things is a scam as shown in the article below.

I have skyped with many Forex traders saying, but his results in Myfxbooks is so good and then of course to proceed to just lose money.

For Goodness sake do not believe anything shown in Myfxbooks.

Profit-Forex Signals

Jenny Wok
Guest

I agree rob it can be faked but you can always ask for additional information to soothe your doubts.Something is better than nothing ,be skeptical and if they don’t ease your doubts they are definitely a scam.

Mike M
Guest

James

You can’t make 1000% a month? what is wrong with you. You are truly in the wrong business.

Rob B
Guest
I don’t even have to look at their site assuming what you stated is true: ” they could have had up to 1000% ROI depending on leverage ” Do you really need a 2nd opinion???? 1000% return you would quickly become the richest man on the planet. The greatest hedge funds do cartwheels is they can make a 25% return. GS would hire these guys and pay them what ever they wanted. But out of the goodness of their heart they are going to teach you their method to make 1000% return, which by the way would no longer work… Read more »
Rob B
Guest

Cool, and also have a bump feature so the comment is not deleted but just moved to the appropriate thread.

Mike M
Guest
I’m sorry, but I look like a shill for Rob because I believe everything he stated. I listened to Sean’s live trading you tube videos and he is not very precise when he calls out trades. don’t believe me, please listen for yourself. He touts a stock and talks about an entry, but he never said ok i’m in here. He will say ok this is the level we are supposed to be in and this is after it took some heat. then he will say this stock is hot, it’s going we are looking for a rip which it… Read more »
Rob B
Guest

What is the VIG I must pay Shill Mike. 🙂

Mike M
Guest
I can hear it now, you just agree with whatever Rob complains about. No, I listen to facts and you can’t refute facts with..oh you must be a failed trader because you follow concepts such as ROI. Listen I’m sorry Rob brought up so many great points, but I hate to put a damper on some of the Vig Emmett receives so he can keep this blog running which really is performing a public service. Please someone listen to his live trading room calls on you tube and tell me if I’m wrong so I can join Rob on eating… Read more »
Rob B
Guest
Mike, I have seen his stuff. As James pointed out he only trade longs. So while it is certainly possible with the stock market just going up up up recently he could have made money, there is just too many anomalies to ignore. He basically trades the way Ross trades, who also puts out fake brokerage statements. And we all know even Suretrader has come out and stated Ross is a phony. But the biggest point I cannot get over is he puts out a trade alert that he does not trade. Contrary to Emmett basically giving him a pass… Read more »
Cyn
Guest

Hey, hey, it was only 4.1 stars, not 5 stars. LOL.

Rob B
Guest
Darn you did get me on that one. But I stick to my skepticism. Here is the fact except for Dekmar (maybe there is another) every day trading vendor Emmett review turned out to be a con. Sure some of them at first conned him, like the pump and dump, but eventually all where shown to be scams. I believe in the old principle, “Extraordinary Claims Require Extraordinary Evidence”. And I think claims of day trading penny stocks profitable is an extraordinary claim. Unless I misread, the man is even shorting 10,000 shares of $1.00 stock. I say the odds… Read more »
crow.jpg
Cyn
Guest

Sorry, but that is an improper meal. A large helping of crow must come with a side of humble pie. I do not see the humble pie anywhere on that table. 🙂

James Mincell
Guest

Rob, I believe in the other review Emmett stated that “short ” meant short term trade and all were longs

Disgusted
Guest

Sean now sending out Emails stating the gains for the day by totaling up Emails from members advising how much they made that day. Zero proof. Nothing. Obviously no losses. It appears there is a connection with Warrior and others.

Also in and out of trades in minutes claiming a win. Too much talking sounding like a high school football coach is annoying.

Cyn
Guest

“In fact, I would hope that Sean would consider getting his prop traders license and opening an account with T3 Trading. This would probably be the best place for him. ”

Not if they are going to force him to take their nutty course, and insist that he trade in that manner that they teach in that course, it is not.

Disgusted
Guest

Sean trades Sure Trader and Etrade according to other members. Never heard mention of tos. He buys huge amounts (on margin?)

Aside: Scroll down home page and see address used as Day Trader Drive – ????
No such thing exists.

Rob B
Guest
Sure Trader?? Gee as if there were not already enough red flags. Look there are enough red flags at this point that I will go out on a limb and state exactly what I think. And once again I pull out Occam’s razor. The question is why does Sean not trade his own trade alerts. Well you can come up with some complicated answer, but I say he does trade his alerts. That is right he does trade them!!! But he does it in sim and he takes about 5 other sim trades with it. I have seen this same… Read more »
Mike M
Guest
I am going to shill for Rob again. Rob has stated now, for what I have seen, over a year for a student from one of these rooms to verify the profits they claimed to make. Not one, I repeat, not one came back with proof. There was this dude that claimed he was a roofer before Sean then made the switch to full time trader because of Sean’s education. He was very adamant about the validity of the room and claimed he was killing it now that he was a full time penny stock trader. This was after the… Read more »
Rob B
Guest

Roofer. Where I live the Real Estate Market is hot hot hot and you can not even find skilled labor. Not to mention Trump has sent most of them back to Mexico. He will make a hell of a lot more money as a roofer than a day trader.

Bee
Guest

I’m interested in a review of John Carter and his Simpler Options, Stocks, and Futures. Any chance that is happening?

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