Follow Me Trades

Follow Me Trades
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
4.8

Summary

Dean Jenkins of Follow Me Trades is the real deal. The track record is real, the trading signals are simple and easy to follow, the service transparent.

This is not a day trading service. Average trades last 4-6 weeks in length, and are primarily trend following. Lots to like. A very nice, and very genuine person is running this business.

Pros: Verified track record. The person running the business is very humble, genuine, and a very good stock picker. Trades are easy to follow.
Cons: A bit expensive at $99 per month. Uses some technical concepts like Fibonacci and Elliot Wave, that in my opinion are of little value.

Thanks for today’s review of Follow Me Trades

What is Follow Me Trades? The business is a stock picking, and trading educational service. The business is owned by Dean Jenkins, operating out of Olympia, Washington.

Follow Me Trades operates a website located at www.followmetrades.com. In addition to the website, a social media profile/Facebook page can be found at the here.

Follow Me Trades offers several products:

  • $7 trial period for stock picks
  • $97 per month for the stock picking service
  • $497 “Master Trader” program
  • $497 “Options Basics” program
  • $139 “Ichimoku Cloud” module

The stock picking service comes with a 10-day money back guarantee with no questions asked.

The business was launched August 2015.

Performance Claims

TradingSchools.Org began receiving requests to review Follow Me Trades as early as February 2016. In total, TradingSchools.Org received 10 requests to review the service.

During the month of August 2016, I reached out to Dean Jenkins and requested confirmation of the supposed profit and losses. The website claimed healthy returns on the stock picking service.

  • 2013 a return of 57%
  • 2014 a return of 37%
  • 2015 a return of 28%

The above returns represent a beginning account balance of $100,000. Each trade of the service represents 2% of the current account balance. Obviously, these sorts of returns seem almost too good to be true. And so my next step was to start actively following the service.

From August 2016 through October 2016, TradingSchools.Org began tracking the results.

For the recorded period, everything appeared to be accurate, easy to track, and easy to record. The trades are sent out via email and website update, the night before the market opens. The entry price has a clear stop-order entry price, a stop-order loss, and a profit target. Very simple. And very easy to execute.

In addition to the daily update, the service also includes a Wednesday evening, screen sharing update with Dean. He goes over each of the trades, the winners and the losers, and gives an update on where he feels the market is going. Truth be told, I found the Weds evening update pretty boring. He talks about Fibonacci, Ichimoku clouds, areas of support and resistance etc. If I could condense his approach, and remove the technical jargon, it would be that Dean Jenkins is a trend trader. He goes with the trend. I am not a big proponent of Fibonacci and Ichimoku, and feel that most of this sort of stuff is just carnival show mumbo jumbo. In my opinion, the ‘secret sauce’ is quite simply…trend following.

A closer analysis of the performance record, which included over 125 trades, revealed that the trades are an even mix of long and short. If the trades were all long trades (ie buy and hold) then I would be suspicious of the track record. Why? Because the stock market, since 2008, has only gone higher. A monkey wearing a costume, randomly throwing darts at stock picks can make money in a bull market. However, the outsize performance of short trades, during a bull market indicates a high level of skill. It is fair to say that Dean’s record at shorting is very good.

Some readers might be tempted to conclude that 125 listed trades is quite low. However, I would counter this argument by reviewing the average hold time of the trades. Each trade lasts 4-6 weeks.

Verifying Performance

During the month of November 2016, I once again reached out to Dean Jenkins. What I really wanted to know…is he actually trading? It is one thing to simply recommend trades, but it’s quite another to actually pull the trigger with real money. On the Follow Me Trades website, he claims that he is trading with a live trading account. And so my next step was to obtain actual account statements and review the trades for authenticity.

To my surprise, reviewing the account statement was not a problem. As a matter of fact, with a screen share, we logged into his TradeStation Brokerage account and began randomly reviewing trades. The trades on the official track record matched the brokerage statement. However, he does make some trades “off the record” that is not included in the advisory. My goal was to ignore anything and everything that was not part of the service. I can confirm he is actually trading with a live trading account, and the amount is significant.

One of the things I really liked

With stock picking services, one of the problems that I often hear from subscribers is “how many shares should I trade?” For instance, one person might have a $200k account while another might have $2k. How many shares should each person trade? Dean created a very handy, risk management calculator for subscribers that answers this question. Example…Dean recommends a maximum position size of no more than 2% of the account balance. The following is a screen capture of what the calculator looks like, for a person trading with a $10k account.

Follow Me Trades

As you can see the instructions are very clear and include

  • # of Shares to Buy
  • Cost of Shares
  • Potential Profit at Target
  • Amount at Risk
  • Reward/Risk Ratio

It is very simple and very easy to understand.

About Dean Jenkins

One of the first things that you will notice on the Follow Me Trades website is a big picture of Dean Jenkins. He is holding a highlight pen and looking really authoritative. In my opinion, he looks like an asshole. A mean, grumpy asshole. The sort of guy that doesn’t answer his door on Halloween. Have a look…

Dean Jenkins

However, when I called Dean on the telephone, it was not was I was expecting. He is very warm. Very down to earth. Patient and kind hearted. And very open to all of my probing questions…and my questions are meant as 100% ‘gotcha’ questions. In my experience, 99% of the guys selling trading products are guilty of various levels of chicanery. But Dean flowed through my intense questions with no delay or shady stumbles. Truth be told, my telephone conversations hardly ever go very well, but I was really surprised at his level of openness, hospitality, and lack of ego.

Once I got past my FBI level of questioning regarding performance disclosure and verification, I next ventured into the back history of Dean Jenkins. I was once again pleasantly surprised. Prior to starting the advisory, Dean spent over 20 years working at NEC and then Intel Corp (MBA University of Washington). He was plainly honest in describing how his career at Intel, and the long time investments in Intel allowed him to stop worrying about money in 2006.

After leaving Intel in 2006, he decided that he wanted to go into the Ministry. He next earned an MA in Pastoral Ministry from Northwest Nazarene University and subsequently founded a church. I know that many of you are probably scratching your heads and wondering “this sounds too good to be true”. Well it’s true. I confirmed it. The church is named Real Life Communities Church, and a Facebook page can be found here. Yes, it is an actual Church, a non-profit that focuses on helping the local community.

What is funny is that I had to practically pull teeth getting Dean to talk about his Church. I have profiled many scammers and hustlers that talk about Jesus and trading profits, looking to fleece the flock, preaching the prosperity gospel. But you will not find this with Dean. He is very quiet about his ministry. Its very interesting, and very refreshing. I guess what I am trying to say, this guy is actually really nice. And the following is picture more accurately reflects his personality…

follow me trades dean jenkins

Ok, so now that I have spent a bit of time talking about what I do like about Dean Jenkins. Let me take a moment to talk about what I don’t like…list sharing. I am on his email list. And there are several other affiliate promoters on the internet that are promoting Dean Jenkins. And they have lumped him into various promotional efforts, with several other “trading guru’s” that are of negative value. So if you receive a marketing email that includes Dean and a few other random turds selling something, try and ignore the turds.

Affiliate Marketing and Promotional Efforts

I want to be 100% upfront and honest with my readers…I signed up for an affiliate relationship with Dean Jenkins. Certainly, some readers are going to frown on me, and this is going to taint my positive review. But I would like to remind the audience that over the past 2+ years of writing these reviews, I have only agreed to market 3 vendors. Nearly 99.9% of vendors get poor reviews, and I earn nothing from poor reviews. So if you decide that Dean Jenkins is of value, then I appreciate letting him know that you read this review. And it factored into your decision making.

The only way this blog can cover expenses and the multitudes of legal hassles are to forge relationships with vendors that have something actually worth purchasing.

Also, I want the audience to know that I have not purchased the Master Trader, Options Basics, or Ichimoku Cloud course. So I can offer no opinion on its value. My focus and scope has been primarily pointed towards verifying that the performance is real. Once we have a baseline of verified performance, then we can judge whether the concepts are valid.

Wrapping Things Up

Thanks for reading. Don’t forget to leave a comment below. If you have subscribed to Dean in the past, would certainly appreciate your opinion below. Well that’s it for today. Once again, thank you for reading and commenting.

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238 Comments on "Follow Me Trades"

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Simmy
Guest

Compared to Futures the returns seem small however it seems he has some track record, he will keep it up posting?. Trading Price Action on Futures for examples was not fruitful.

Lucas
Guest

I see nothing to concern me though Pete and the four little bullies will notice he is missing disclaimers on some of his videos. Also “Billy Bush is Coming” will soon comment on your plural that should be singular. English is not my first language of course.

His office is near Percival Landing, I know the Olympia DoubleTree Hilton nearby, it is a small world.

Simmy
Guest
It certainly can seem small at times @Lucas. Comforting to know thank you. I am looking at some of his videos now. @Stray Dog sweetie, this site is not moderated, your compulsive posting is a sign of forum addiction. Those little endorphin releases add up, it is a powerful physical addiction. I am sure you understand what I am saying. The primary mistake with victims and one perpetuated across this site by allowing broken record & pack posting, is that victims will often start to think and sound like abusers. When you have made your point, you have done your… Read more »
Stray Dog
Guest

Simmy, Up until you and Lucas hi jacked this thread and start posting information that was unrelated to FollowMeTrades I had made 8 posts on this thread, 3 or 4 of those were very short and just quick responses of thanks etc.

If you and Lucas have something to contribute to the discussion about FollowMeTrades then make that contribution. If you don’t then enjoy your walk because your contributions so far have not been relevant to the topic of this thread.

Rob B
Guest

What is the point. You attack Stray Dog but yet make no point about this thread. And if you have an argument to make about Follow ME Trades then I am sure others will be able to intelligent respond.

PETE
Guest

BROOKS IS A SILICON-BASED MEME OF DANGEROUS AND FLAWED METHODOLOGIES BROOKS’ METHODOLOGY IS A DIGITAL PLAGUE UPON NON-PREDATORY AND RESOURCE-STARVED FORMS OF CARBON-BASED LIFE

Stray Dog
Guest

@Lucas since English isn’t your first language maybe you should make sure that you understand what you have read before you post comments. “Pete and the four little bullies will notice he is missing disclaimers on some of his videos.’ I am struggling to find any comment in this thread that could be considered bullying. So you are either a very, very sensitive little flower or you don’t understand what you have read here.

Lucas
Guest
I looked over at BMT and I can see you at least use the same name here and there. I have respect for that honesty. Repeating things until people just stop caring or the opposing views are spammed into oblivion is not free speech, it is ignorance however Pete’s ALL CAPS response is a sign of mental illness. Its going too far so I will go for a long walk myself 😉 If you are actually in China (I imagine not Chinese?), good on you for getting into the world. I hope Brooks’ webinar is open on Youtube so I… Read more »
Rob B
Guest
Lucas, Hmmm, there is a HUGH difference in right and wrong and you seem to not be able to distinguish the two. The two are not equivalent. BM is making money selling memberships by putting on webinars by vendors such as Al Brooks, who is making ludicrous claims of making money and fortune, yet cannot show an ounce of proof to back up his claims. BM has a responsibility to vet the vendors he promotes. Not doing so is Wrong!!!! Plain and simple. And comparing advocates who are demanding accountability to the con artist who are scamming people is beyond… Read more »
Stray Dog
Guest
Do you understand how a forum works Lucas? They only work if people contribute to them. I choose to contribute forums related to trading because I’m interested in the subject. You are also free to post to those forum and you are perfectly entitled to respond to a specific comment I have made but if you aren’t going to do that, if your only contribution is going to be personal attacks then you’ve lost the argument already. In the 18 days since I made my first posts in the Al Brooks thread at FIO I have made 14 additional posts,… Read more »
Sam Watson
Guest

im a little confused. In previous threads Emmett & some of you have ridiculed elliot wave theory & Fibonacci yet in this review Dean Jenkins is given a glowing review with everyone singing song & praise.

His “How i pick stocks” video clearly highlights fibonnaci retracements, elliot wave + some auto-stock picking software called ‘ART’ as his strategy.

Does this mean that people are warming up to the idea that these things really work?

Stray Dog
Guest
@ Sam Watson “Does this mean that people are warming up to the idea that these things really work?” – probably not. Emmett made it clear in his review that he still thinks that Fibonacci retracements and extensions plus Elliot Wave Theory are of limited value if not complete hocus pocus (not necessarily my opinion) but he is applauding Dean Jenkins openness and honesty. However, if the past is anything to go on this glowing review will be the kiss of death for Dean and he’ll struggle to maintain his impressive returns now that it has been published. Are other… Read more »
Lucky77
Guest
I wish Emmett would update and follow up these positive reviews that he gives out. Take tradingpriceactiononfutures for example. Got a 4 star rating (caught him on a winning streak). Worst room ever right now. The owner stopped updating his track record, went on massive drawdowns and only posted his winning days to lure newbies into his room. He even as far as pretending to be someone else on other forums while secretly advertising his trading room. Basically he turned into a con artist. He still has his 4star review up and for every new person to see yet he… Read more »
Dean Jenkins
Guest
I hadn’t logged into this site and reviewed the comments for quite a while. I know this is a tough crowd, rightfully biased towards skepticism. But, I did feel like I needed to respond, whether my comments will be heard or believed, or not. The overall response to Emmett’s review last year was very positive. I made me realize how much people are looking for verifiable results, in an industry with so many “dubious” players. This led me to engage a CPA firm who will be auditing my results and actual trades. I expect to post that first audit result… Read more »
Dustin
Guest

Dean, I think you misread Lucky’s comment. He wasn’t referring to you at all. He was referring to a past review of another vendor. TradingPriceActionOnFutures, the antics he described were of that proprietor not you. Thanks for keeping it real and being a charitable person.

Rob B
Guest
“I know this is a tough crowd” I cannot help but get a laugh when I read that. In a world of TR operator’s making wild claims of profitability, simple asking for proof of their claims makes you a tough crowd? Give me a break! It is like hiring a roofer and asking to see he is licensed and actually done another roof and he/her says, “You’re a tough crowd”. What you call a tough crowd to me is the absolute minimum!!!! And 99.99% of the TR operators cannot even show this, as they are out and out con men.… Read more »
Dean Jenkins
Guest

Complete details of every trade taken in 2016 are here: https://followmetrades.com/2016-trades/

And 2015 are here: https://followmetrades.com/2015-results/

Trade size and risk management details are here: https://followmetrades.com/risk-management/

Dean Jenkins
Guest
And, I would be happy to talk with anyone who has questions about me or my service. I’m not perfect, but I’m not a con artist. I’m not claiming anyone is going to get rich , or turn $5K into a fortune, or can quit their day job and trade for a living. I claim (and deliver) solid gains, beating the indexes, with disciplined risk management and a methodical approach to trading. I’m doing my best to offer a quality service and to represent it in an honest and transparent manner. My reputation matters to me. If I’m to be… Read more »
william
Guest

Hey Dean I am going to be a new trader and I am glad I finally came across a person who is not a scammer . There is so many people out there making money any way they can . After I have my account set up I’ll be back to look at what you have to offer . I am retired so I am cautious about who I listen to and who I am going to pay for services. I appreciate your honesty and integrity. I also am happy to hear you are a pastor.

Stray Dog
Guest

Good work Dean. You’ll be one of a very, very small number of vendors to do this. There’s one thing I’d like to see on your site, and please correct me if I’m wrong and I missed it. I’d like you to document your trading methodology somewhere so that if I subscribed to your service I’d understand why I’m entering the trades.

Dean Jenkins
Guest

Yes, details of my method are on the site. Here is the link: https://followmetrades.com/how-i-pick/

And additional info on how I manage risk is here: https://followmetrades.com/risk-management/

Goagal
Guest

Second that. For me, this was the reason I didn’t sign up; if I don’t clearly understand why things are happening then I’m not interested, no matter how stellar the (claimed) results.

Dean Jenkins
Guest

See the response to Stray Dog above. Links to information are there.

Goagal
Guest

Thanks for the links.
I don’t quite understand what eg “symbol=SPY quantity=3 entry=$531.00” means. “3” of what are you buying at the price of “531”?

Dean Jenkins
Guest

Fair enough question. When I publish trades to my subscribers, I include the details to trade with either shares or in about 90% of the trades, a corresponding option contract (if a good liquid option market is available.) The results I post are how I actually traded it in my account, most of the time using the option.
So, in the example you cite, I traded the underlying symbol SPY with an option contract. I bought 3 of them and paid $531 per contract (quote would be $5.31, but actual price paid is $531.)
Hope that clears it up.

Winter Is Coming
Guest
Winter Is Coming
I happen to agree with you. From what I remember, he was promoting himself on FIO and then denied it was him doing it. Quite laughable actually! I relate situations like this is being similar to a one hit wonder pop star. You have one great hit that everybody remembers you for but your album is total crap and then you disappear into obscurity. When everybody has forgotten about you, you still believe you are that same pop star. Same thing with Alexandre, his prices went up after the review. He thought he was a hot shot. But with a… Read more »
dtchurn
Guest

I would agree Soares of TFIA has become disingenuous with showing his results and the review should be updated like CFRN and DTPower. He got deserved credit for exposing DeanHandley’s kitchen ‘tetons’ swill. If he had continued to be honest during his drawdowns, the members who joined due to the good review could at least respect that and the fact daytrading is hard and stressful for even seasoned traders. This means showing all results not cherry picking good trades and just posting “move on”.

Rob B
Guest

Man you one hit record is so on the mark. I will not mention names but one such person made all his money on some high risk lucky copper trade and has milked it out ever since. And then people believe what ever he says. Truly amazing.

Cyn
Guest

Was Nicholas Darvas just lucky and knew when to quit? Was Larry Williams just lucky and did not know when to quit?

Rob B
Guest
Don’t know much about Nicholas Darvas, but many made millions in the NASDAQ bubble then lost is all. In my view it is a Gaussian Distribution. Yes some will outperform but as time goes on the fewer there are. It is also about stats. Remember some make a million by playing the powerball and in my opinion you have a better chance of making money playing powerball then you do of turning a small account into a large one by day trading futures. So go to the roulette table and bet is all on back 10 or play that Powerball.
David Adams
Guest
Hey Rob, Good to see you are still putting up the good fight. I don’t have much to add about Al Brooks. While I am well versed in price action trading, I don’t know much about Al’s particular brand of price action trading. Price action can be very effective at certain times and utterly useless during certain market conditions. Happy to report a contract extension at my present employer, so the trading must have been good enough. At least, no one has told me to go home. Sure is nice not trying to micro-scalp with phenomenally tight stops. I can’t… Read more »
Trader X
Guest
David Adams, You have a lot of nerve to re-appear again. You left quite a few “lifetime” members in the dust after completely vanishing and taking our money. These members paid over 1k or more to receive training and lifetime access to trading room, only for you disappear just months later. Several members have tried contacting you since you vanished and you’ve ignored all of our requests. Shame on you. I hope everyone learns what a con artist and scammer you are. p.s. Sorry, but no one believes you went to work for Goldman Sachs. You’re just a dirt broke… Read more »
Ken S
Guest
I completely agree with Trader X’s comment on David Adams, I was one of his “lifetime” member. I have tried to contact him through email and skype for weeks after he shut down his room and I finally got a reply from him on Oct 20th, the following is his reply to me, “I will be trading in the near future, had some serious health problems. I will be in touch.” My request to him was very simple, I have not once ask for any refund of my $1499 membership fee, I only request him to resume one on one… Read more »
David Adams
Guest

just as a point of correction, I didn’t go to work for Goldman. I trade for a portion of a portfolio for a hedge fund. Thought I would straighten that out.

Stray Dog
Guest
It’s always gives me a chuckle to read lines like I work/ed for a hedge fund, Goldman Sachs or JP Morgan etc. which are meant to impress people yet these guys/girls are rolling around in the stock trading vendor muck looking for subs. Where are the millions Sachs and Morgan paid them to be hot shot traders? David, I think a more accurate description of your role in the hedge fund is that you deliver the mail and get people their coffee. Honor the commitment you made to your subscribers or refund them their money and definitely refund the money… Read more »
Lucky77
Guest

Hilarious! You’re a fraud old mad. Just an old useless, washed up, good for nothing fraud. David Adams – your scam has been long exposed.

Screen Shot 2016-12-04 at 01.21.37.png
kenneth
Guest

Damn, David, you are one untrustworthy guy…

Stray Dog
Guest

“Happy to report a contract extension at my present employer, so the trading must have been good enough.” That’s great news Dave so I guess the checks are in the mail and refunds are on their way.

Cyn
Guest

“Retail trading” is NOT synonymous with tight stops. YOU chose to trade that way.

David Adams
Guest

Hi Cyn,

I generally traded 2 ATR’s. That was too tight for me. Have a Merry Christmas and best of luck in your trading.

Lucky7
Guest

Give the people their money back you fat POS. You didn’t sound so cocky when you blew out your 5k account in 2 days. Fraud.

David Adams
Guest
Real traders aren’t trading 5K accounts and neither was I. I did record a 5K loss over a two day period…but that was hardly blowing the account out. It is simply unrealistic to believe that you are going to take a 5K account and make anything special. The sooner you realize this the better your trading will become. I freely admit that teaching uninitiated traders is little more than a pipe dream and wish I had not started along that line of business. Head to the Merc and see if you find any traders micro-scalping a 5K account. Small traders… Read more »
Trader X
Guest

“Small traders are a brokers dream, pure profit. Keep pissing and moaning, it provides great entertainment for me and my colleagues. ”

And by entertaining, you mean scamming people out of thousands of dollars for your trade room, not to mention the losses people incurred following YOUR trades. I sure can’t wait for the day when the CFTC catches up with you. Talk about a guy who has absolutely no remorse.

Pete
Guest

Amen. CFTC, if you’re reading, your list of scammers to investigate is David Adams, Albert brooks, and Mark Perry wrbtrader.

Pete
Guest

Adams now rightly admits retail futures trading is, by its nature, opposed to consistent income-generation. wrbtrader and Brooks have done far worse with the false hope they have spread through years of lies about their daytrading skills.

David Adams
Guest

Look, I have no skin in this game. The randomness principle and simple probability make it impossible for you to achieve much better than binary results. Sure, you can go through period of profitability, but inevitably you will experience the dreaded drawdown as the market changes phases. With a few exceptions, small accounts are pre-destined to fail. Why is that so hard to understand? Look at the CFTC stats…do you think they make this stuff up?

Cyn
Guest

So in other words, your entire business when you claimed to be running a trading room was a scam, as you were aware “a priori” that what you were promising your members was actually impossible?

Well at least you had the gumption to put up some of your scammer proceeds into a 5k account which you promptly used to demonstrate that averaging down in a real money account would lead to the poor house!

Congratulations on exposing your own hypocrisy. Nobody could have done it better than you did by making that post.

Lucky77
Guest

David Adams sent out a mass email few days ago:

“Starting to feel better and am considering starting the trading room for a bit…anyone interested?”

LOL Just admit that the only reason you crawled out of your hole was to get more money from naive newbies as your food stamps have already run out. Get that SIM account fired up you clown!

Screen Shot 2016-12-04 at 01.21.37.png
David Adams
Guest

I didn’t send out the invitation. I did send out a follow up memo that said the invite was in error. Stick with something you know about, Lucky.

Cyn
Guest

No. He just says that HE could not cut it as a Retail Trader.

That does not mean that it cannot be done. Just that he could not do it using the style that he was supposedly using.

Check with Rob B’s posts to see why. The TR fantasy is just an unreachable unicorn/phoenix cross.

It is possible to day-trade. Just not in the fantasy manner that one sees in Trading rooms.

Pete
Guest

When is the CTC going to take down the unicorn Brooks and the risen phoenix wrbtrader? This thread offers insight into the mind of the scammer. I suspect Brooks thinks the same way, perhaps PA veteran wrbtrader even inspired Brooks to start his price action scam. http://www.elitetrader.com/et/threads/where-did-wrbtrader-go.304444

Cyn
Guest

If your style required a bigger stop than that, then you should be using the correct size of stop for your trading style.

Using a stop that was too small for your style was YOUR decision alone. It has NOTHING to do with “Retail Trading”.

Accept responsibility for your decisions, instead of trying to blame the trading environment.

David Adams
Guest
Actually Cyn, it has everything to do with retail trading. Stops are set by measuring the level of random movement in the market, be it the ATR or VIX or any other measure of market volatility. There are very few retail traders willing to trade a 40-50 point stop, even tho the market requires it. Even then, getting stopped out is possible. That being said, it is nearly impossible to get traders to hold for a 40-50 point gain. Generally speaking they bail at about 20. Thus the risk reward reward becomes permanently skewed. It is human nature. Professional traders… Read more »
Stray Dog
Guest
OK, I also have to comment, which I am sure will piss off David Adams as it is not going to be flattering. I wish that I could be as polite as Cyn but scam artists who take people’s money, don’t deliver the service that they said they would and don’t refund their clients money as they said they would are in my book lying, thieving pieces of sh#t. In addition to the above, David has also demonstrated that he’s a failure as a trader, so honestly David no one cares about your opinion or your job. You have only… Read more »
Lucky77
Guest

Don’t waste your breath guys. David Adams is a very sick man, a sociopath as well as a perfect example of “The Dunning–Kruger effect” a cognitive bias in which low-ability individuals suffer from illusory superiority, mistakenly assessing their ability as much higher than it really is. People such as David Adams fail to recognize their ineptitude and evaluate their competence accurately. He can’t help it… He’s old too. Infact, he is so old, he sat next to Jesus in high school. You’re a joke David. gtfo

Cyn
Guest
That is the exact point that I made. So what are you trying to do here with this riposte? If your style required you on a particular trade to use a 50 tick stop, there are only 2 options. Either your risk parameters allow you to take the trade, or they do not. If you knew that you should use a 50 ticks stop and instead you used a smaller stop, that was YOUR decision. It has nothing to do with anyone else. You cannot blame that on retail trading. If your room members could not use the parameters that… Read more »
David Adams
Guest

Think what you will. There is a reason retail traders fail at 90%. They don’t adjust stops to the market and they exit too early. You can rationalize your point of view all you want…retail traders are undercapitalized and enter trades they should avoid. There are few market conditions that warrant a 15 point stop. The proof is in the failure rate. In any event, I’m not in the business anymore and enjoy trading with real pros. However, if you would like to trade against me with real money, let me know.

kenneth
Guest

Dave, why do you keep posting here, which is a retail audience? most people here hate you, go play with your “pro’s” and leave the decent folks here alone.

Cyn
Guest
We do not hate him in particular. We just hate scammers in general. He is particularly odious because for a while we thought that he might be the unicorn who could actually trade and teach others to do so in a trading room. We even supported him at times when he was being excoriated. Then he, for all practical purposes, stole his customers’ money. Now he returns and mistakenly confesses that he knew that he was a conman all along, as he knew that what he was teaching was not workable. Then he tries to make excuses by blaming “retail… Read more »
Pete
Guest

A large intraday stop can be used at certain times during certain days to perfect a pattern-based trade based on past 5 minute price action, according to one legendary futures blowhard.

Lucky77
Guest

Pete, who are you referring to exactly?

Cyn
Guest

A nonsensical response that does not address the issues that I raised. You are definitely NOT stupid, so I can only say that you must be EVIL, to be so comfortable having conned so many people out of their money with your deceptive nonsensical trading.

David Adams
Guest

well, that was one easy chain to pull.

Cyn
Guest
That is a shocking response only worthy of a scammer. I do not trade against anybody. I am trading for myself, and my stops are determined by market structure and my risk tolerance levels. You were the one scamming clients with small stops, so do not bring that nonsense to me. I have a maximum size for my stops. If the stop that I have to use for a trade is bigger than that maximum, I just skip the trade. I do not use a smaller stop, then blame anybody for the “too tight stops” being hit. Anything that happens… Read more »
Rob B
Guest
OK, I have to comment, which I am sure will piss off Geo as it is not specifically to FollowMeTrade, but general advice. This is a sore point for me as it is one of my Holly Grails and that HG is: Nothing can be arbitrary in trading. When I see TR put in some arbitrary stop and profit targets based on ones funding, I want to scream. The market structure not your funding ability determines what your stop loss has to be. If you do not have the funding then you need to pass on that trade. The TR… Read more »
Lucky7
Guest

Gtfo

David Adams
Guest

Oh lucky7, (I am assuming you are lucky77)

I read several of your posts on this thread and other threads, and suggest you seek employment as a pastry chef. Based on the tenor of your answers, you are obviously a failed trader and in no position to be posting advice or opinions on trading.

Cyn
Guest
For the record, I was agreeing with you, not castigating you. I simply used those as examples, because they fit what you said, except that it would appear that Darvas quit after he made his 2 million, in an account where at one point the entire account was long a single stock (!) which fortunately fell into a massive short squeeze, whereas Williams kept going and lost his new clients a bunch of money, and has never duplicated the trading that allowed him the fame to get clients in the first place. Ask the CFTC about that one! If one… Read more »
Rob B
Guest
IMHO if he updated the reviews over time they would all probably go to Zero. So where is the money in that. No one wants to hear the truth about this industry. You have the most brilliant top money managers in the world that are doing cartwheels if they can beat the S&P. Yet these TR tell you how you will make insane returns that no one can do over any period or time except for during periods like the NASDAQ bubble. I have stated numerous times I am doing cartwheels if I get a 25% return and even showed… Read more »
Cyn
Guest

No. Emmett clearly states that this person is just a trend-follower. The rest is just arcane mumbo jumbo.

David Grier Jr
Guest

so… i see no track record on the website??? Am i missing something?

Dr. Bob Sebald
Guest

I my dealings with Dean he was always honest with me even though his advice was sometimes very general. He is very definitely one of the good guys.

Goagal
Guest
I looked over the published 2015 and 2016 results, and something stood out at me. Percentage wise, when Dean loses he loses big (eg 60%), while when he wins he wins small (10%). Money wise, because of his 2% rule, his losses are < $2,000, while his wins are anywhere from $10 to $5,000, with the big winners money-wise not necessarily the big winners percentage-wise. What that tells me is that for high-uncertainty trades, Dean sets a wide stop-loss so as to not be stopped out prematurely, and then these trades blow up and his wide stop-loss gets triggered. Wouldn't… Read more »
Stray Dog
Guest
I reviewed the published 2016 trades and my concern is the number of stocks that I don’t think have enough volume. Dean has 45 different stock names listed as trades. Of those 45 names 13 (28%) of them trade on average less than 1 mill shares a day. 7 of those trade less than 500K per day for their average volume. I know that volume can’t be looked at in isolation from the share price but I think there could be real difficulty getting an order filled at the price you want and then selling at the price you want.… Read more »
dtchurn
Guest
I took a look at the symbols listed on one of my broker’s platforms Stray. It seems like most of those low cap stocks have monthly option chains with many of them having weeklies. And the ‘average dollar volume’ for most of them seem to be at least 10 million. I would think that would be liquid enough in general for position trading. Not the type of split second scalping WarriorTrading tries to pretend to do with low floats. Ironic how this seems like a good ‘Dean’ instead of the scourge Dean Handley, jdphdmsmba. Emmett, there is a morning futures… Read more »
Stray Dog
Guest

Thanks dtchurn

Rob B
Guest
I know trading rooms and vendors talk about taking 3-5% positions. Personally I think this is insane. I think 2% is insane. I know others will disagree. TR want you to think there is somehow no relationship between risk and reward and drawdowns. But they are all tied together. And they somehow want you to forget basic math. Even if you have a high win rate if you do a statistical analysis over time you will have periods of high drawdowns. That is how a Gaussian distribution works. It is like when red is hit on the roulette table 20… Read more »
Goagal
Guest

Sounds too good to be true. If anybody has signed up, please post updates here with your impressions. Thanks.

mike
Guest

I see on his site he has a futures trading room in the morning..Did you have a chance to check that out as well Emmett?

Rob B
Guest

Where did you see he mentions a futures trading room? If he is telling retail traders with small accounts to trade futures, I just lost all respect for him, but I do not see that at the site.

dtchurn
Guest

I saw this post about the futures room late. While we don’t want to see another dream room about building a small account scalping futures, I wouldn’t mind if this Dean could show he trades live with proof that he can do both day and position trading. $27/month is cheap compared to most futures rooms out there, many which have still not been reviewed by trading schools with the standard $300/month churn fee.

Rob B
Guest

The first question to ask is if he is even trading futures live. Just seems like he would have also shown those results to Emmett if they are positive and live trades.

Stray Dog
Guest

Less than half the price of his Black Friday special annual membership price for his newsletter with 1 or 2 picks a week. That doesn’t seem right but lucky you if you trade futures and want to give the room a try for the price of Friday night pizza and beers.

rtchoke
Guest
As a trader, one of the more important elements to me is how many losing trades in a row can I take and still take the next trade. I’m a big believer in psychology playing a bigger part of the puzzle than most people want to admit. Looking over Follow Me, in 2015 there were 8 losers in a row totaling about $11,000. So far in 2016, there is only 1 losing streak of 4 losers totaling about $3600. Other than that there is no losing streak bigger than 3 in a row. So you as a trader must decide… Read more »
mike
Guest

go to the website and at the top click on Trading Room.. $27 bucks a month says he trades ES, Gold and oil…. no performance report…seems like he just launched it

Joe M
Guest

Jeez Emmett – I nearly fell off my chair when accessing your site for the first time in weeks on seeing you’ve unearthed a genuine trader. Well done to you and to Dean. May your integrity Dean be paid back tenfold via a subscription surge!

James
Guest

What’s funny is those annual returns are typical of the kind of monthly returns most day trading room subscribers are expecting.

Rob B
Guest

Yes not promising you can make a living off a $5K account trading futures and not microscalping. I know nothing about this room, but at least his promises are believable unlike 99% of the vendors out there. I guess this is why he can actually show proof of real live trades unlike all the ones promising fantasy.

John Baudrexl
Guest
John Baudrexl

I have personally been acquainted with Dean for two decades, and can vouch for Emmett’s written perception of his character, and approach to business: Honest, straightforward, transparent. This is a guy whose cup has always been half full. Best to all.

Jack Kelleher
Guest
Jack Kelleher

I was one of the people that suggested that Dean should be reviewed by Emmett. I had zero doubt as to Dean’s veracity and I am a subscriber to his services. Dean is both an excellent trader and an excellent educator. What more could you want? Thanks Emmett!

Ron R.
Guest
I have recently subscribed to Dean’s service and found him to be genuine in his personal contact with me. I left a voice message late one afternoon because I had made a mistake when I placed an option trade. I actually got a PHONE CALL from Dean soon thereafter and he walked me through a fix. Try to find that kind of concern with most other trading services! Dean walks the talk. His instructions and rationale are very clear even even to a novice like me and he gave me the tools to make my own evaluation and decisions about… Read more »
dtchurn
Guest

Trading options by a monthly basis with that kind of consistent return is extremely tough. Amazing review indeed. Sure different than those jokesters of CFRN and TradeForJesus.

George
Guest

Excellent. Too bad the bulk of my trading funds is gone as well as time and enthusiasm wasted depressingly on some very well versed scammers. I do have a little left and this one looks very promising. After David Adams (I quickly did not follow him but my account was weak) I essentially quit.
I could do MUCH better at craps. Good job.

mike
Guest

I feel the same way… The amount of fraud and bullshit in this industry has pretty much sapped any enthusiasm and positivity I used to have years ago… Im 48 and I just dont have the energy to keep up with it anymore…its too exhausting

mike
Guest

FWIW Dave Adams was the straw that broke the camels back for me as well… He did so well on the robot so I joined… Thank god I was in SIM the whole time but it still left a mark

dtchurn
Guest

Sorry to hear it was David Adams the refund scammer. The guy who did his expose on Adams pretty much said his daytrading dream was ruined too. http://davidadamseminiscam.com/
Emmett has some good advice on trying to figure out a method in his old Steve Nison review. If you ever find your own edge realistically you wouldn’t sell it publicly and probably only teach a SO/family member.
Another forum with some good questions.
http://www.traderslaboratory.com/forums/beginners-forum/20497-11-problems-beginners-youve-never-seen.html

John Long Gone
Guest
John Long Gone
There are plenty of profitable daytraders. So my question is why don’t any of them open their own service where members can simply view their actual portfolio, DOM, and copy their trades? They don’t even need to explain their strategy. People would still sign up to get profitable day trades and it would be manageable stress for the trader. They could limit their room membership so that there is enough liquidity for followers. Is it industry regulation that makes good traders afraid of doing this? Front running and market manipulation risks (I.e. riskier to show actual proof of doing this… Read more »
Lucky77
Guest
No offense but if you guys spent your time and money on actually learning how to trade for yourself maybe you wouldn’t have this problem? It seems people on this site are waiting for some fairy tail unicorn day trade room to come along and provide them with live calls for 99$/month so they can just copy the trades, and make money without putting in any actual work. What happens when your dream vendor closes shop and your left on your own? You guys need to stop looking for handouts, stop being followers and create your own destiny. You guys… Read more »
Stray Dog
Guest
@Lucky77 No offense pretty much guarantees that the person is going to say something offensive, it’s right up there with “I’m not a racist but …” What I see consistently on this site are people who are looking for genuine education that can help them become profitable and independent traders. People are looking for mentors, that’s the appeal of the trading room. Unfortunately 99.99% of trading rooms are just scams. If you can direct people to education that has been useful for you, that would be a more helpful contribution from you, no offense intended, of course.
Cyn
Guest
Therein lies the problem. Most wannabe traders do NOT want an education. They want a gift. Either by following somebody else’s trades with no desire to develop an understanding of the “why”. That is why people like you, Rob, Osikani and I get voted down many times when we comment about the fantasy unicorn that they seek. Just look at this ultra unrealistic post that someone put on NinjaTrader forum. He wants someone to give him a system that is 99% winning!! How can you even start to talk to someone who is that unrealistic to even think that such… Read more »
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Lucky77
Guest

Don’t be so salty. What people are looking for does not exist. No successful trader is going to mentor you or give you trade calls. Why would anyone do that? If I’m making 10k a day while trading the last thing on my list is to run a trade room or “mentor” wannabe traders for any fee. If I can make unlimited money why would I ask your for your money?? Doesn’t make sense.

Stray Dog
Guest
It doesn’t make sense if you think that everyone in the world sees things the way you do and thinks about things the way that you do. People are weird and there are all kinds of people out there maybe even someone weird enough to help out new traders, I see sports coaches doing that all the time, teachers giving up their lunch breaks to help students, neighbors helping out the old couple next door, even Rob B shares his life experience and opinion for free and freely. There must be a few mentors out there but you’ll probably find… Read more »
yogikeung
Guest

Dr Brett Steenbarger

Rob B
Guest

You say learn it on your own. I think most are looking to learn it from an actual profitable day trader. So they just want one that is not a con artist. But in this industry that is asking way too much apparently.

Lucky77
Guest

It IS asking too much. Expecting a successful trader to give away their secrets is akin to someone just giving away bags of money to random strangers in the street. It just doesn’t happen. Please let me know when it does!

Amit
Guest

It seems this gentleman is trading lots of options also which are a part of his track record. In real world while following his trades total discipline would be required or trading results can differ by a lot, IMHO.

Stray Dog
Guest

Finally a good one. Well done Emmett and well done Dean, the decent human being.

Stray Dog
Guest

And it looks like the subscription price has been increased to $127/month

David
Guest

If you take the trial, 97$ a month afterwards.

Stray Dog
Guest

I’ll take your word for it David but all I see under the subscriptions tab is $127/month. Maybe Dean can clear it up.

jim
Guest

I cut and pasted this from his website:
List price is currently $127/month – and it is a great value at that price.
I’m offering it to you now…for a $7 trial.

Then only $97/month, a 23% discount (list price is $127/month) You can cancel at any time.
10 day Money Back Guarantee – no questions asked
This is a limited time discount – you need to act now to get it.

David
Guest

Don’t, I am just like you reading website.

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