Drummond Energy Bands
Drummond Energy Bands and Visual Energy Analysis is regurgitated trading materials from a 1970’s and 1980’s era trading guru known as Charles Drummond. The successor and “most trusted student” of Charles Drummond is JB Wells, a trading educator offering a $10k and $5k trading package, yet he has absolutely no verifiable track record of ever trading successfully. Quite simply, he refuses to publish a track record.
TradingSchools.Org has no opinion as to whether there is some sort of “hidden energy” or forces of magic that are driving financial markets higher or lower. We are only interested in verifying performance. We simply wanted to know if the esoteric concepts presented by Charles Drummond contain a predictive quality? The jury is still out. A verifiable track record of trades would help. None can be provided. Avoid.
Thanks for reading today’s review of Drummond Energy Bands and Visual Energy Analysis
What is Drummond Energy Bands and Visual Energy Analysis? The business is a trading education company that specializes in teaching the concepts of Charles Drummond, a 1970’s era technical trader. The company is owned and operated by JB Wells, a former student of Charles Drummond and supposedly the only student that Charles Drummond trusts to teach his technical analysis techniques known as “Drummond Geometry” and “Visual Energy Analysis.” The company is located in Vancouver, British Columbia and occupies the following web properties:
A search of Archive.Org reveals that the Drummond Energy Bands and Visual Energy Analysis websites appeared on the trading educational scene during the summer of 2015.
The company is offering the following products and services known as the Masters Of The Universe.
- $10,490 ‘Masters Of The Universe’ platinum trading package which includes Drummond Energy Bands software and Visual Energy Analysis software. Both software packages are trading indicators. These are not trading systems. Each person must be able to interpret what the indicators mean. Included are 4 hours of mentoring sessions from JB Wells.
- $5,990 ‘Masters Of The Universe’ diamond trading package which includes only the Drummond Energy Bands software. Included are 2 hours of mentoring sessions from JB Wells.
- $199 ‘The Morning Brew’ market report, which includes a daily update of where prices may be headed. There are no exact entry and exit points. The report is expressed in generalities.
Charles Drummond is now retired and probably close to 90 years of age. I would consider Charles Drummond one of the ‘old school’ trading educators. A 1970’s and 1980’s era trading guru that often published articles in Stocks and Commodities Magazine and Futures Magazine. These were the pre-internet days. In total, Charles Drummond published 12 books that describe his esoteric trading methodologies. To explain Drummond Geometry in only a single blog post, referencing the materials of 12 separate trading books and multiple magazine articles would be too long and cumbersome. Instead, a more truncated and general overview of Drummond Geometry and Visual Energy Analysis can be obtained by reading what is known as “The Energy Paper,” published in 1991.
The Energy Paper
The Energy Paper is an 18-page manifesto on how Charles Drummond views financial markets and how ‘hidden energy’ permeates through financial markets and everything else in life. Supposedly, this hidden energy can be seen and used to predict where prices will go into the future.
Some of the key characteristics of visual energy analysis include concepts relating to planetary alignments, geometric shapes, sunspots, the aura from leaves and cats, Buddha, and thought therapy. To dive deeper into the esoteric thoughts of Charles Drummond is akin to diving deep into the rabbit hole of what many might consider the occult, or at the very least…pseudo-science.
Truth be told, the more I read of Charles Drummond and his thoughts, the more I became convinced that he was either high on marijuana, on an acid trip, sipping peyote tea, or ate way too many magic mushrooms at a Grateful Dead concert. The guy is way out there. A card carrying mystic that might of be on the run from the circus.
The Official Track Record of Trades
No track record of trades can found on the Drummond Energy Bands or Visual Trading Analysis websites. TradingSchools.Org reached out directly to JB Wells and asked if he would be willing to supply some sort of track record of trades for either himself or Charles Drummond. He replied that neither Charles nor himself have a track record of trading activity. I replied that it is very difficult to write a positive review if no track record exists. How can anyone make a decision to spend $5k or $10k on simply his word and a few references from books and articles published many years ago? JB Wells understood and was able to supply a picture from a book that Charles Drummond published in 1978, nearly 38 years ago.
The following picture is supposed to serve as proof that Charles Drummond, was able to generate a trading profit of $24,390. Apparently, JB Wells took the old book out, and simply took a picture with his camera phone.
I am sure that many readers are probably having quite the giggle at this picture. This is supposed to serve as ‘proof’ that Drummond Geometry and Visual Energy Analysis actually works, in real time markets. Truthfully, when I looked at this picture, I sighed and rolled my eyes. Am I calling JB Wells and Charles Drummond market charlatans? No. But this certainly is pretty flimsy proof that these highly interpretive trading methods work in today’s financial markets.
Another problem that I have is that JB Wells is supposed to be “the only person that Charles Drummond trusts to teach his methods.” Yet, JB Wells has no verifiable track record of trades or trading history. The daily newsletter service known as the Market Brew report is truly an exercise in interpreting abstract art, or a Rorschach test.
Trading suggestions by JB Wells are given in broad generalities, such as: “Look for bulls above 2250 and look for bears below 2250”, and “Best bet is maybe a flush to 2200 or a pop to 2300.”
What about an entry price? An exact stop price? An exact profit target? Nothing that JB Wells recommends can be clearly defined or quantified, its just a mumbo jumbo of suggestions in which we must learn to read the energy, or visualize the price flow. How is this useful JB?
Suggestion for JB Wells
JB Wells was certainly friendly with TradingSchools.Org. He answered emails and all of our questions as best he could. But at the end of the day, the business of trading is about making profits. And I simply cannot understand or build a valid argument as to why anyone should send Charles and JB $5k or $10k for trading software when neither individual can show that they are using it on a daily basis. Where are the profits?
Why not publish a track record of trades, JB Wells? I suggest you do. And I would be more than happy to draft a new and glowing review. But it has to be based upon more than just hype and user trust.
Thanks for reading and don’t forget to leave a comment below. And if you have had a positive or negative experience with either Charles Drummond or JB Wells, I would love to hear your story.
I spent over $5K buying Charlie and Ted Hearne’s course in 2006. The methodology is relatively sound, but it takes years to master. Unfortunately, the course is EXTREMELY weak with respect to money management/risk management and trading psychology. It is also important to understand that it takes years to master the methodology and there was scant material on practical guides in money management for beginner traders (like I was in 2006).
In 2006, I was an amateur trader (and this is NO fault of Ted and Charlie), I lost my fortune (over $1M) in the markets due to lack of mastering money management and trading psychology (the methodology is least important for an entry trader — but that’s what Drummond Geometry focused on). Drummond Geometry is the only method I used, but the loss was due to lack of money management, poor entries, trading psychology and a whole host of other factors. Don’t get suckered by courses — there’s a whole lot to trading than just techniques/methodology. Once you survive the money/risk management and trading psychology pillars, only then focus on mastering the technique.
Trading is very difficult and I am making my 3rd attempt — but this time, I care less about methodologies and a lot more about risk management and psychology are #1 and 2. Yes, I still believe in some aspects of Drummond Geometry, but it takes years of practice to master multi-time-frame analysis and the energy of the markets.
Early on in my trading career I foolishly spent 5k on CD’s “trading course”. The only persons that profited from that transaction were Drummond and Hearne. I am still trading, but not because of any so called trading guru. To any newbies starting out trust me when i say the only way to become a consistently profitable trader is to consistently make good choices. I have been trading since 1997 and trust me -there is no holly grail. Trading is very hard work. Remember, you are trying to take money from some of the smartest people in the world. They aren’t going to just give it to you :-). But, it can be done. -d
I too have wasted money on “trading courses.”
Am publishing a story tomorrow, on a Chinese kid that came to the US, and couldn’t speak a word of English.
Fast forward a few years, and he has now made over $4 million.
The secret? He never bought any courses or spent any tie with “guru’s.” Not because he did not want too. But because he couldn’t speak English and had no idea what they were saying. Hence, he was forced to develop something unique, something original.
I think that might be part of the “secret.” You have to be unique in your approach.
Hi Emmett, how much do i need to pay up to change your rating to 5? Thanks, CD. Please email me.
Charlie, i am a die hard fan and student of the DG for the last 15 years and i am a firm believer in your system. Please email me. I would love to talke with you. Sorry about your loss of JB
“I’ve been in other rooms and not only do you give terrific indications of entries, stops and targets without directly telling traders what to do, but your analysis of the charts and active trades is beyond excellent. I’m amazed at how well you are able to read set-ups BEFORE they set up. It’s really great to be day trading with you live now because I feel this is already proving to be a great next step from the Coaching Calls. I’m surprised at how different it is see you analyze live vs after the fact. It’s extremely helpful. One other thing I’d like to mention is that the trading room is very calm and relaxed which is also very beneficial to the trading mindset. I started day trading live the first day the room opened with a goal of $200 per day and I did $412.50 for the two days so I plan to keep working my goal.” – Sarah DeFrance & Matt Morris
Wow, a whole two days of trading offered as proof that Drummond’s Energy Bands is anything other than the obvious con that it is. Hey Sarah and Matt, get in contact with me, I have a bridge that I want to sell you.
This testimonial reads like a shill script. I would say you could show proof to Emmett of all the money you are making trading live using this method, but we all know what your response to that would be.
You shills really need to at least stop and think before posting. No real person gives a testimonial like this about a TR they tried for 2 whole days. It is complete nonsense. Real testimonials will point out good and bad aspects and not some silly made up bad aspects to sound legit. And a real person surely does not post after just only 2 days experience, unless they are a complete fool as they might lose all their money and then some on the 3rd day.
What is a shill??? LOL!! You people are crazy. Why participate in the con unless you are a part of the circus. If not an employee I hope you get paid in cash, not free trading education because you are lying for the right to lose more money.
Most shills are the TR Operator, family or friends. I have also seen TR Operators offer a free month for anyone that post a Positive Review. These con artist know all the tricks.
In fact this reminds me of another post where someone said, “But there is a Tom in the room that post and he seems so legit”. And I am like if there being a “Tom” in the room posting how he is making money in the room and that is able to separator you from your hard earned money to keep the churn going, then there will be a Tom. Tom is a fictitious character created by the TR Operator.
Even after all the reviews Emmett has posted some folks just cannot believe these scammers are this corrupt But they are.
Hey, hey, stop that! I am Tom, and I show every day how to make nice money like a salary, no matter what. Just ask Warrior Trading, who trained me.
Christina and Matt, I’ll give you a 30 day trial of my patented “Grey Matter Energy Band Amplifier” device. You’ll be able to see those trades before they happen. Only $19.99 + shipping and handling.
For underpricing that wonderful device so badly, I hereby resign from StrayDogTrades dot com. The FantasyTradeRoom now disavows all affiliations with StrayDogTrades. We cannot allow the suckers (ahem, valued customers), access to our fantastic tools at such ridiculous prices. Raise that price at once. Now, dammit.
this proves one thing..these markets always have been rigged (like everything in life) and unless you not on the inside, you wasting your time and money…
All these scamming educators tried trading and FAILED as expected and realized its impossible to trade from home and went the other way…
would like to see coiledmarkets.com (Austin) exposed also….
Hi Emmett, I recently came across this company online, selling a system starting at $6800..trading S&P emini – do you know anything about them?
https://www.tradingmadeasy.com/ It’s a lot of money to shell out…
Old school charlatan becomes too old to carry on his trading school, so leaves it to a scumbag assistant who tries to “catch up” with the likes of internet savvy shamshow meisters like GTR selling 5k, 10k packages. Good point Lucky7, where this acid trip tries to lure the pyschic and newager 60’s generation of boomers along the moonphases and horoscopes of trading. Randi was the nemesis of Yuri Geller who today could probably be more profitable doing a psychic trading school shamshow..
Good job, Emmett. James Randi would be proud!
James Randi! I JUST discovered him not long ago and have watched a lot of old YouTube videos on him. A man who deserved SO MUCH MORE attention and loved what he stood for… Brilliant man.
Message to Emmett :
Please contact me privately if you are interested in knowing the complete story re CD and associates as I have taken his course from him personally and others (former students) 21 yrs ago and had daily fax and email tuition and follow up personally from him for 4 yrs . What you say is essentially all true except that your conclusions about him are not due to missing info . I still trade his methods discretionally without the later additions of HITECH Play Station/ Space Station followers.
Serge, can you contact me privately?
I met CD in the late 80’s Orland Park IL CMI class rooms. He is for real and he took millions out of the markets. So did a bunch of others. No joke. I still trade via his P&L. That brokerage statement picture is true. It is from his first book How to Make Money in the Futures Market… And Lots of It! This book will teach you more about markets than anything in school I can tell you that. But not P&L. You will have to get the Advanced P&L courses from someone.
Jack W, “That brokerage statement picture is true. It is from his first book” how does this prove that it’s true? It’s just a picture in a book. How about you share your brokerage statements. That would be proof that a student has used the system to trade profitably.