Global Trade Room

Global Trade Room
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience

Summary

A smoke show of pure BS. Global Trade Room claims 98% winning days and $300,000 in 100% verifiable profits from real trading accounts. Complete and total malarkey. Zero transparency. They refuse to verify any of these wild and outrageous claims of success. Trading room is a complete joke, no trading DOM present on screen, no trading from the charts, all orders are limit in and limit out, all trades are verbal BS. Avoid these shady hustlers.

1
Pros: Absolutely nothing to recommend.
Cons: Outrageous claims of fully verifiable trading performance, including 98% winning days, and $30,000 average winning months. Claims all trading is with live, real money trading accounts, yet refuses to verify. No trading DOM visible in trading room, no trading from charts, limit order scalping BS. Complete and total fraud.

***UPDATE*** Please read update of this review.

Thanks for reading today’s review of Global Trade Room

Global Trade Room is a day trading room and day trading educational company founded and owned by Simon Joseph, a registered CTA or Commodity Trading Advisor. The day trading room is moderated by Simon Joseph, Sandy Seghal, and Bob “Bang Bang” Amico. The cost of the trading room is a one time fee of $9,850. There is only a one day free trial in which to access the validity of the trading methods that they teach.

The Global Trade Room is also listed as one of Dr. Dean Handley’s “Trading Titans”, in which Dr. Dean Handley verified that the performance is honest and accurate.

Initial Observation

One of the things I found to be highly interesting is that Simon Joseph is a registered commodity trading adviser, or CTA. Why is this important? Because if a person is registered with the NFA, then they better be able to verify every single claim regarding trading performance. The NFA and CFTC (regulatory body) take disclosure and reported performance very seriously for all registered members. In other words, the reported performance claims of Global Trade Room had better be spot on perfect, else the regulators are coming.

Reported Performance

The Global Trade Room does report performance. In fact, a review of the spreadsheets listed on their website claims that the Global Trade Room made a total net profit of $308,160 trading three contracts per trade, for the year 2014. Also, for the year 2015, Global Trade Room is reporting profits of over $200,000. Where these trades simulated or hypothetical? According to Bob “Bang Bang” Amico, these trades are 100% real and verifiable, and these trades were traded using only live trading accounts. Please watch the following video which confirms…

Bob “Bang Bang” Amico also claims that for the entire year of 2014, the Global Trade Room had only 5 losing days. In other words, the Global Trade Room has winning days over 98% of the time. Pretty impressive numbers. But are they real?

In addition to this outrageously excellent performance, Bob “Bang Bang” Amico also claims to be a pretty big trader, in fact he claims that he usually trades in the 20’s. Meaning that he trades 20 contracts per trade.

How did I collect all of this information? I attended the live trading room sessions for the month of August and the first week of September. Everything that I am writing came directly from the recorded transcripts of the live trading room. Again, I am not making this stuff up. The video does not lie.

As I watched the video and recorded everything that was happening, I could not help but keep thinking about these wild claims of success within the context of a being a fully registered CTA. Once again, a registered CTA better be able to fully verify every single one of these claims, or the regulatory body is going to come down like a mountain of pain. I hope for Simon Joseph’s sake, he can produce the trading records that verify these returns.

Inside the live trading room

The video below shows the typical trade inside of the Global Trade Room.

If you watched the video, you will notice that at no time during the trading day will you see a trading DOM, nor will you see any trading from the charts. Rather, everything is verbal. I personally found it quite confusing as the charts were so small and the trades were typically only a few seconds long.

One of the things I found very unsettling were the consistent use of limit orders for entry and exit. Both Sandy and Bob would quickly declare, “I am in” always on a limit entry and they always got into the trade with no delay. Unfortunately, this is not how the real world of trading works, a person does not simply enter on a limit order. Limit orders take time to fill, yet Sandy and Bob always got their price, always got their fill.

Another problem was the quick scalping exits on limit orders. In particular, Sandy would quickly declare that he got his 10 ticks or 5 ticks with zero delay. He would just howl into the microphone and congratulate himself on yet another winning trade. After every winning trade that Sandy would declare, Bob would immediately begin howling congratulations to Sandy on yet another winning trade.

The whole time, Bob declaring that this was real time trading, with real money accounts, not the “simulated trash” like the other trading rooms. He also liked to reference Dr Dean Handley and how Dr. Dean Handley had fully vetted the company and the performance. The whole time that I was listening and recording, I kept thinking about the field day that the CFTC was going to have with this video. These guys better be able to verify every single trade, else there is going to be hell to pay with the regulators.

Verifying Performance

At the end of the long trading day on September 2nd, I sent an email to Bob “Bang Bang” Amico and said that I was ready to send my $9,850. I was excited about the opportunity and could not wait to learn all of the secret trading methods of the Global Trade Room. However, before I sent my $9,850, I just needed to verify that the trades called in the single recorded trading session were real trades(as Bob claimed). I just wanted a screen shot of Bob and Sandy’s consolidated trade report that comes with Ninja Trader. Bob responded with a very curt, “NO”. Bob “Bang Bang” Amico simply blew me off. Bob has no problem declaring that each and every trade is 100% real and verifiable, that the Global Trade Room is the highest earning trading room on the internet, and a whole host of other wild exaggerations,  however the moment you ask him to verify performance…he turns as slippery as a wet turd.

How could someone simply send these guys $9,850 without verifying performance? It truly amazes me. They claim that they earn over $30,000, every single month. And win over 98% of the trading days. This is by far the most outrageous claim that I have ever witnessed since I began writing these reviews.

What should you do?

These guys claim 100% real trades, with real money accounts. If you are on the fence or thinking about sending these guys $9,850, then you should make them verify these magnificent claims of success. Is verification really such an outrageous request?

I will wrap up this review and speak very candidly. A lot of people have blindly purchased this trading room based upon the implied credibility of Dr. Dean Handley’s “Trading Titans” list. However, in my opinion, the Global Trade Room represent all that is wrong with the trading education industry. These folks are ugly, shady, and outrageously dishonest. I wish I were wrong, and I would love for these jack offs to prove me wrong by showing account statements, but I am afraid that they are just going to keep on with the scam until the CFTC comes calling. Which I am sure they will, as I have already filed a complaint.

Thanks for reading, and don’t forget to leave to leave your comments below.

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Stray Dog
Guest

Hope to hear an update on the CFTC investigation.

Saber
Guest

I think that the video (https://www.youtube.com/watch?v=_jH-aSsTN1k) is a reaction upon this video that appeared on youtube about Dr. Dean Handely : https://www.youtube.com/watch?v=WYSkTPaHEh8 and I think that this time he knocked on the wrong door and the guy that made the video decided to expose the hole scam.
Well done!

The only difference is that there video is not build on evidence and the other video about Dr Dean Handle is all about evidence.

With regards to there trading skills, I think that they are very good traders sorryyyyy, I forgot to mention, MARKET REPLAY TRADERS.

They are digging there own hole!

David C
Guest
Regarding the Dean Handley video … I have mixed feelings about Dr. Handley (some good, some bad), but let’s put those aside for now while I make some comments on the video. The video is definitely interesting and revealing, but I certainly don’t think it’s some sort of damning “expose”, especially if the intent was to show that Handley is making any significant amount of profit off of the Global Trade Titans venture. The “cost” per trade room to take part in the venture is a $475 start-up cost, followed by a $150 monthly fee. If you multiply the $150… Read more »
Alex
Guest

” that $2,100 per month is the equivalent of a minimum wage job”
Yes, not bad for doing NOTHING!!!
Zero SEO, as that same video proves, he gets NO traffic!
Zero web Admin, have a look at his page, it looks like it’s home made on MS Frontpage, by a CHILD!

Referral fee ??
Did you actually watch the video? lol

So, I would say the good doctor does live of it and is a big part of the scam!

Maurice
Guest

Thanks, Emmett. You are performing a hugely valuable public service.

Alex
Guest
How is it a hugely valuable public service when you lie to the public. This review is complete false. First of all it talks about Bob, who is no longer there and is a convicted fraud (like Emmet). 2nd The price is not 9,850 but 4,300. And 3rd you mention Transparency. Simon trades live on the screen with all his trades visible in chart trader in front of everyone to see. Here is proof. Here is a recap https://youtu.be/RN1Aj58qP68 and here is the full recording unedited https://youtu.be/E01OsqwER0w If that is not transparency, then maybe you need to define what the… Read more »
Skip L.
Guest

This website is talking bad about others which time a lot of what you said is not true. I knew some of these traders like Simon.

I’m one of Simon’s students. He called live trades ahead of time.

You need to rethink what you are saying about Simon. He trades live/real account.

Rob B
Member
I have been to their free Tuesday trading session and could not agree more. IMO the room is a complete joke and their daily emails stating how they nailed another 200+ ticks today is even a bigger joke. What I do not understand is why the regulatory agencies do not go after these type of rooms; fine and close them down. Maybe you can add a tab at the top discussing how to best complain about these type of vendors with links showing who to complain to. What does it take to get the regulatory agency to take action?
Rob B
Member
I wanted to add one more think. GTR is making million in education all do to the brilliant, yet IMO crocked connection with Dean Handley. Dean is suppose to be this independent 3rd party that reviews trading rooms, yet he never show how he was able to make money trading GTR trade calls. Emmett, I compare your reviews with Dean and I am sure due to your background you do not get the respect you deserve. But I thought your updated review of Trading Mission where you actually showed your DOM and trades over the trades being called out in… Read more »
trader
Guest

BYE BYE Global trade room your full of shit

alex
Guest

insane how much fraud is out there in relation to the markets!!!

trader
Guest

There’s a new sheriff in town and his name is EMMETT MOORE

Joe
Guest
Another so called Titan falls! Good work Emmett yet again! To paraphrase Clay Higgins of Crimestoppers fame (check him out on YouTube – he’s good) – “Dean Handley – if you’re reading this, listen to me son, I’m talking to you now. I don’t care how many letters you have after your name, how many thousands of rooms you claim to have reviewed- you need to do some explaining. Many of these so called Titans are turning out to be steaming piles of shit. Take this room in question or another like EMini volume trader and explain how and why… Read more »
Kaiser Soze
Guest
Kaiser Soze

Yea. If he is really talking numbers – and is actually registered (that could be BS – I just don’t care enough to go look at the NFA site to see) then he is in deep shit. The NFA DOES NOT PLAY around.

This is pretty funny though, this industry is amazingly full of BS, at least on the retail trading side. You’re doing great work, Emmett. I hope it pays off monetarily as I know this takes time.

Kaiser

jake
Guest

All the regulatory agencies are as phony as these rooms

Jim
Guest

Hey Kaiser,
I love that movie 🙂
Jim

Jim
Guest

Emmet, How did you attend the trade room for 4 or 5 weeks without paying?
Jim

Patrick
Guest
Hi Emmet : Had similar experiences last year when I sat in on the room. After the sessions I contacted the office and complained that trades were called out after the fact and asked to see any verification of the so called trades for the day. I bluntly said without any trading log that they were pushing hot air. I told them this want my first pony ride and without proof I sould considering them scammers Of course they wouldnt provide any proof. Simon and his group are nothing but refined con artists. AVOID!!
Al your pal
Guest
Al your pal
GTR, RAmos at emini volume trader….Dean Handleys titans are not titans but a load of BS scammers. If any room or site is charging any huge money for courses or any type of fee RUN<RUN<RUN. All you need is a trading room and ONE where the trader takes 2-3 max 4 trades a day for 5-6 points each or more. On TF/ ES you can easily get 10 points on a trade especially at the extremes, either short or long. That's my 3k on TF right there. You must have confidence in you trading and your number is going to… Read more »
Steve M
Guest

Al your pal could you email me stevemuch@verizon.net

Tom
Guest
I was in here all morning and if they made $50 after commission they would be lucky. Many of the trades were called but claimed “Unofficial”. You were even referred to as “That idiot who called us a fraud” , and you were challenged to a trading dual. The hope is that this get out there and anyone interested in signing up for this scam, avoids it at all costs. The cheering and carrying on over trades that went 3-4 ticks was such a circus. Just like your video shows, not once did any of them show a DOM or… Read more »
Rob B
Member
Tom, would this be a trading dual of hindsight / fantasy trading calls. So one person says I made 5 ticks on that one in hindsight and the other person says yea well I made 6 ticks. LOL. I too have been to their room as stated earlier. What a joke and the only reason anyone is paying for their education is due to Dean Handley. A trader friend of mine say he did some software for them and they are making over 2 Million a year in selling their education. I wonder how much kick back Dean gets.
Tom
Guest
Well your doing a great service. And I am sure they are doing just fine as there were plenty of discussion of a week vacation in Cuba, so Im sure that was some poor bastards membership fee. Well here is some more dirt. Not sure this is him, but from the wrap sheet and the bucket shops listed on here and the judgements, I would not doubt this is him. He claims 16-20 years on Wall Street. Funny, no experience with any of the big houses, in fact nothing but chop shops , 2 of which got shutdown. Again, if… Read more »
Tom
Guest
Just an update, the fraud continues. Some members have reached out to me and have expressed concern that all the trading continues to be all verbal, no DOM, no chart trader, and no proof the trade was taken LIVE what so ever. What is most concerning , from what I am being told, there are constantly 4-5 people who always get the trades. Moreover, there is always someone new “Who is Killing it”. “Payed for the membership in 3 weeks” blah blah blah. Amazing, there is always one about every 2 months, about the average time most people figure out… Read more »
Alexandre
Guest

I have a surprise for Dr. Dean Handley in the form of a youtube video with comments and including a video message from him to me via skype. Lets bring down that big scam trade titans!

Tom
Guest
Just incredible how far people will go to make a buck. If I were a member, it would piss me off that they have trials once a week . Most offer a 1 week , then you either sign up or leave. These guys peddle twice a week from what I hear. 1 Whole day and 1 evening. All they have to do is display a DOM or Chart trader for a week in a live account . It would prove they are not a fraud. I’ve heard bullshit stories about how showing your DOM viewers can get account info.… Read more »
Rob B
Member
Where is the Youtube video? They are now offering monthly payment plans, in order to rip anyone off that can not afford the $10K education up front. So now they can rip off everyone the poor and rich equally. See Below: Traders, Over the past 20 months I have been asked by many people about a MONTHLY PAYMENT OPTION..To date, none has ever existed…Until NOW! Those that would like to join us can now do so with a VERY small down payment with a structured MONTHLY payment! Please contact me direct and let’s get YOU in the room! Trading is… Read more »
Chak
Guest

Oh man, I thought they were real because Dr. Handley said they were Titans. !!!

I want to see what the CFTC is going to do.

BGL Trader
Guest

Thank you Emmett, this is valuable info, let us hope this valuable info will go out to many new traders who could potentially fall for trading rooms such as GTR.
Just imagine how much Simon and Gang made from robbing new traders, at 10K for new member… perhaps millions, so no need to trade real money for them!!!
I wish NinjaTrader had tighter rules to weed out such crooks.

Tom
Guest
How these scammers have not been shut down yet is totally incredible. This info coming from a member who wants to remain anonymous so they can continue to follow what goes on and not get booted out. Friday October 9th some real sleezy stuff went down in this room, but the member could not get the session recorded . However, here is what happened. A trade was called on crude at 49.26 short by one trade caller not sure his name but maybe there is a new sleeze bag in the room now. No sooner does this trade trigger, and… Read more »
John
Guest

Totally spot on , and a perfect rundown of these fucking clowns.
I must admit i nearly got suckered in until I read your review, so thanks a lot.
You just saved me a lot of $$ and time spent listening to these fraudsters.

Case Schiller
Guest
Case Schiller

Hey guys….GTR posted a video on you, lol!
https://www.youtube.com/watch?v=_jH-aSsTN1k

Alex
Guest

14:10 “Emmett Moore talking about transparency, integrity and honesty is like Adolf Hitler talking about human rights.” LMAO

Wow this guy is really entertaining!
I’m sure his room is fun and education.. lol

Jordan
Guest

Ha! All this attention must mean that Emmett is having a tangible effect on this industry.

The funny thing is, they could easily rectify this whole problem by simply trading live from the charts and showing their DOM. Yet, no matter how much people clamor for it, it never seems to happen.

Keep it up — you’ve got these crooks on their heels.

Rob B
Member
Man, Emmett you must be hitting home, that video was funny. I hope he does not live in that place! My response is, “Will the real con artist stand up”!! This guy did everything but show any proof he could trade profitably. Thanks to you Emmett my guess is member are now asking for evidence these clowns can trade. People with half a brain can tell who is real and who is lying and who is not. If I was a successful trader and ran a trading room and a reviewer said I was a fake and I made a… Read more »
Barry K
Guest

Isn’t it common knowledge now that Dean Handley endorses vendors that will pay him. BTW, Tesseract has shut it’s public trading room down and is distancing itself from Handley. They are directing visitors to Handley’s website.

David C
Guest

The site appears to be in its infancy, so I assume the SEO and related services will come in the near future. Or not. I guess we’ll find out over the next couple of months.

I just think that if his master plan, first and foremost, was to have this develop into a money-making venture, he would have targeted a much higher level of income than this video suggests.

Rob B
Member
David C, When I stated, “Will the real con artist stand up”, I wrote that because Emmett fully discloses his past and even shows the money this site takes in. GTR discloses nothing. How much do they make from trading, my guess is zero, .vs selling education? And in a million years they are not going to disclose any hidden deals with Dr. Dean, but it is my gut feeling there is something suspicious going on. His connection is making them millions in selling their education package. They actually get him on mic saying how he hit it out of… Read more »
K. Merta
Guest
Hey Rob, And any other complete idiot in here. Why don’t you guys ask Emmett (if you can reach him) to show you proof that he has been in these rooms and actually spent time (weeks) analyzing them (Like dean handley has) and show you the last 50-100 trades he took in these rooms to prove whether or not they are fake or real. I know for a fact he has not been in any of the rooms. And Dean does not take any money. You honestly think if dean got paid for good reviews (Like Emmett) that out of… Read more »
Jon
Guest

Hahaha, excuse me for swearing but what a fucking nob head that Dimitri is.
In his youtube rant he makes a complete prat of himself and just dug the GTR into an even deeper hole.
Keep up the good work Emmett

best of the best out there
Guest
best of the best out there
Hello guys, there is something out there that certainly can help you trade better. GTR does not have a reason to claim that they are the best out there as we all know the markets are subjective most of the time. The key to successful trading is to find your style of trading which obviously it does not come easy. GTR uses volume in a very good way and by applying that knowledge into your trading style it should help you to become successful. Having said that it certainly does not worth paying 10K in order to understand volume profile.… Read more »
mike
Guest

bob BANG BANG Amico is GONE! Got the email from Simon himself yesterday…Its only Simon left and he is looking for qualified traders if anyone is interested! LOL

Rob B
Member

Man! they are like rats jumping from a sinking ship. I think I could be a great GTR trade caller. Just make murky calls and call it a winner no matter what price does. I can also sneak into an airport and get some photos of me next to a jet. Anyone have a model looking sister I can take some photos with? What is the Pay? LOL.

Tom
Guest
Global Trade Reck in complete turmoil. Apparently Bob, one of the trade callers and Sales Manager, resigned in Skype to all the members yesterday. What a way to leave a job. “Oh hey Go Long Crude at 45.50 and by the way FUCK YOU Simon, I quit “. Things must have been pretty ugly behind the scenes for 2 of your moderators to walk . Simon assured all the members in an email that: He discovered this method of trading (which is bullshitting people to think he is trading when he really isnt) , and the other trade callers learned… Read more »
Pete
Guest
Anyone else get the email from the new Sales guy ‘Coop’ ?… Coop – let me give you some quick advice; you guys are on the run with GTR hurtling towards oblivion now that the word is out that GTR is ONE BIG FRAUD. I don’t want any more emails offering free trials until you have taken a long look into your darkened soul and decide to treat prospective members with the respect we deserve- namely on chart or DOM trade calls, proper and accurate reporting and a fair monthly fee. And while you’re at it take down all that… Read more »
jon
Guest

How funny that Bob bang bang Amico has jumped the sinking ship.
He must of been rattled by the negative reviews and realized his days are numbered.

Chris
Guest

Sandy has left the building as well. The ship is sinking fast.

Ben
Guest

http://globaltraderoom.com/get-funded/
MES Capital Ltd
Very fishy, I can’t find a website for them, but many pipping them.

jon
Guest

New scam alert, Just had the email form Bob bang bang Amico about his new trade room, Trading futures in action

Him and Sandy Seghal have set up on their own after jumping the sinking ship known as the GTR trade room.
The email is his usual sales bullshit form him, how they are the best traders in the world and you can join them very soon.

Emmett please do everyone a favor and expose these rats.
These arsholes annoy me, trading is hard enough as it is without these people wasting our money and time.

Rob B
Member

Man, this is like fighting the Hydra. Cut off one head and two grow back.

http://screencast.com/t/bxKlx1kHzfMT

One man is not enough I think Emmett will have to team up with Hercules.

Bob Amico
Guest

As Jon has pointed out, Sandy and I will be opening our trade call room very soon. We would like to invite Mr. Moore to sit in with us for a minimum of 1 week. In addition, we tape every session and we will supply Mr. Moore with the 4 hour tape to review as well. I simply ask that Mr. Moore contact me personally.

Regards,

Bob “Bang Bang” Amico

Christian
Guest
The full email message from the runaway guys: Trading Futures In Action Traders, Bob “Bang Bang” Amico and Sandy Sehgal, former head traders for the GTR Room and 2/3 of the team that once formed the #1 trade room in the industry have now formed their own LIVE trade call room! Our room will open soon and you are all invited to come watch Bob and Sandy Scalp and call LIVE trades as you have become used to seeing! Trading both PROFILE and ORDER FLOW we will both show, and trade, with an exact precisness to entry, stops and targets..… Read more »
Bob Amico
Guest

Guy’s,

This is the second request to post here..I am offering Mr. Moore the chance to sit in our room for a minimum of 1 week. He can record the sessions, as we do, and will. In addition, we will supply Mr. Moore with our recording and he can match against his own.
I will also give Mr. Moore both moderator abilities and he can freely ask questions of me, Sandy or the members.
And I have no response nor does my post appear!

Regards,

Bob Amico

Rob B
Member
So Bob, Are you saying this will not just be another smoke and mirrors trading room like GTR. You will not be making a bunch of murky calls and claiming great wins no matter which direction the market goes, while anyone that actual took the trades loses money? Let me get this straight, are you saying you are going to show your entry, your stop loss and your target all prior to the trade being executed and show accurate accounting of those trades? Or are you really foolish enough to believe Emmett can be suckered into a bunch of BS… Read more »
Rob B
Member
Bob, First as long as you state you are a scalper I do not think anyone has an issue with that. It is honesty people have an issue with. I am glad to hear you say you are going to bring transparency to this trading room, but being you are from that Smoke and Mirrors trading room I cannot help but wonder if you actually know what transparency is so I will show you the difference. Transparent Trading Call Example: Prior to the price reaching $45.00; you say, “I am going long at $45.00. My target is 04 When it… Read more »
Bob Amico
Guest
Rob, I wholeheartedly agree with you..Anyone that knows how I trade would KNOW, I ONLY..read, ONLY, use BUY and SELL stop LIMITS! I give my entries REPEATEDLY, especially as price approaches the entry. In addition, I go to break even after 1st target out..I then NARRATE where my stop is TICK BY TICK.. I do not yell “buy bid” “sell ask”. For what its worth, I was a member in over 10 rooms long ago..I have tried to right what I saw as wrong, much like many of you. I’m on this site, REQUESTING that Emmett review us, not because… Read more »
Christian
Guest
I was in the GTR room few times, on trial days every time hoping for better. I wrote my impressions on this site before this thread was started but can’t remember now in which thread. The impressions are still vivid in my memory since it seems to me a sinister joke for someone asking 10k USD upfront payment: 3 guys calling scalping trades, on 3 different methods many times talking all together. Only one screen was shared with participants but even on this single one no trades were shown in a way or an other (not even talking about live… Read more »
Joe
Guest

Completely agree with Christian. I too attended a fair few of the trial days and they were a total sham as reported by Emmett’s review. Bob – you ran a fraud service , your claims at having 100% verifiable trades was utter BS and many traders lost or wasted money on the back of your lies. It would be nice to hear a bit of contrition before you try another route to get back in the game. . You have much work to do to convince readers that you’re an honest reformed man selling a decent product.

Jon
Guest
I Gotta say Emmet I’m so glad I came across your review site, Someone posting on Futures io ( Big mikes trade forum ) is how I noticed it. It gives me great pleasure to say my piece and share my experiences while possibly help someone form making the mistakes I made and saving valuable time and money on these trade rooms. It doesn’t matter what people try to drag up about your past, its irrelevant. I can assure you I have been no angel in the past and I’m sure most people can relate to that. To me, I… Read more »
Bob Amico
Guest
Guy’s, Lets start with this..I did NOT run any trade room prior to what will be the opening of the room with Sandy. I WAS a moderator and yes, I did do the sales for the room. As for my style of trading..Guy’s, I make NO EXCUSES, I am a SCALPER!!! If that means I trade 3 contracts for a NET TOTAL of 12 ticks..so? I have never claimed to be a swing trader and truth be told, have no interest. Now, I believe that few call trades, IN ADVANCE, like Sandy and I do. In fact, some of you… Read more »
Jon
Guest

Bob, As I asked earlier, Is the new room going to be fully transparent with Live real Trades shown on the Dom or charts and will you show your trade records for proof of the fills you say you are getting ?

Christian
Guest

Hereit is how they intend to manage this “DOM” request as per received email from them:

“4) Will you show a DOM?

This is the most common question..The answer is, we would like to. Yes, that is vague however, so is my current understanding of the law. We have hired a securities attorney to ascertain the law as it applies to showing either a LIVE or SIM DOM and once we have an answer and we are protected, we will move forward. Again, since we trade with SPECIFIC numbers, the calls are clear anyhow! “

Bob Amico
Guest
Jon, Our intent is to show a DOM, yes. As pointed out by Christian in my email, we are awaiting a WRITTEN opinion from our attorney. While I realize there are a few rooms that show a DOM, I have no idea if they are acting in a capacity that MAY violate any law.. Again, I am not EVADING the issue and if deemed legal, then YES, we will. In addition, we will not only show TIME a trade was entered, we will also show STOP, 1st targets and final target. Again, in an effort to be more transparent. Guy’s,… Read more »
Joe
Guest
If you are so good at calling trades in advance, how do you explain the video of yours and Simons calls Emmett posted as part of his review? Was this a bad day out of the norm? , because any fair minded person would say those calls were anything but easy to follow , transparent or clear…. I’m all for giving people a fair second chance but at some point you have to acknowledge that your calls in GTR and all the other hyped BS about verifiable calls were well short of fair expectations. Seems to me your main concern… Read more »
Rob B
Member
Bob, What possible law could showing your trading DOM violate? The law was designed to stop fraud! It was intended to stop con artist from making wild unsubstantiated claims or worst showing all their winners while somehow forgetting about their losers. But showing your trading DOM while live trading or even Sim trading as long as you state such, I can not see how that violates any law. Of course you always have to give the Your results might vary disclosure. If someone says showing your trading DOM violates a law I want you to post that law with all… Read more »
Bob Amico
Guest
Rob, you ask some good questions..On first blush my attorney suggested this COULD constitute acting in the capacity of an unregistered rep. Now, to be clear, even he had no idea simply because he’s not sure there is any jurisdictional overview. IF there comes a written opinion that does NOT allow, I will PUBLISH that. If we get an opinion that we can LEGALLY show a DOM, we will. Remember, the DOM does not show all the ZEROS for actual contracts being offered or bid for at a price, BUT, irrespective of say 100 people in any 1 room, you… Read more »
Joe
Guest

Yes Bob – that is fair. I’m going to draw a line under my criticism / skepticism for now. I wish you all the best in the new venture and look forward to both visiting the room in due course and reading any new review from Emmett.

Bob Amico
Guest
Joe, and others that have taken the time to ask questions or voice opinions, I thank each of you for responding and offering constructive criticism. I also thank you in advance, for any other issues you may have. Sandy and I wish to have a place that allows for traders OF ALL LEVELS to come in, feel welcome, be treated fairly and not only trade but understand why trades are taken (win or lose). I am always available either here publicly or via my email and will answer humbly and respectfully any question you all have. I thank you for… Read more »
Bob Amico
Guest

Emmett and those that have posted here..Today was the OFFICIAL opening of our room and the entire 4 hours are taped with the whole segment showing a DOM..Emmett, how do I send this to you and or allow you to post?
For the record, 6 trades, 5 winners..Again, ALL RECORDED with a DOM
Thanks guy’s

Tom
Guest
It appears Bob & Sandy are looking to separate themselves from GTR , which does sound very promising. Give them a chance to get rated on their own and a whole new thread can get started hopefully on a good note. There are plenty of ethical issues outstanding during their tenure at GTR, however. As someone who has been very critical of GTR, I’m willing to give them credit for leaving and getting away from that circus. Everyone needs to understand that we all have done things we regret whether it be for love, money or love of money. Good… Read more »
Jake L
Guest
Having sat in on multiple free trials of GTR (Including today), I can offer some observations. While watching Bob and Sandy trade, for the most part, their calls were made in advance (Bob’s calls almost always were), except for the odd time when a trade developed fast and they had to wing it. Other than that, the exact entry levels were almost always called (some of the entry levels/calls were from 30 minutes earlier, and we had to wait until price got to the entry level, but the calls were made). Bob in particular has a specific ATM that he… Read more »
Tom
Guest
Jake you nailed it on the head. Simon is absolutely front running the room and been doing it so long he most likely does not even realize it . It’s like his ego is so enormous , he is unable to comprehend its sleazy. Their trial today was a joke. He was pulling that buy bid bullshit on GC , saying swing long, then was talking about averaging in on it if it continued down. Crazy as I remember him being pretty animate about how they did not do that in his trade room. There were also several drones piping… Read more »
Nadina S
Guest
I am a paid member ( $ 7000 a supposed discount). I have spent the last few months corresponding with the room owners and pointing out lack of transparency and Mickey Mouse trade calls ( buy bid, buy now, no entry price). All I got was abuse. In response to Tom’s entry above , I was in the trade room yesterday ( 3 November) as well – under the name NS, you may have seen my comment is the chat. It was a Tuesday trial and I tried to point out my experience for the potential members who will lose… Read more »
Jake L
Guest

Nadina is right on all counts.

Tom
Guest
Nadina, I had much the same experiences when calling them out as did so many, even members. I know members who been banned from their Skype chat because they refuse to answer to complaints. As for the people who defend them, that is complete bullshit and they are either friends, relatives or even fake users created by the room to justify the con game. Its also an easy way for them to justify you being disruptive and them banning you. The guy is a scumbag , egomaniac who made a fortune finding clever ways to market himself as a trading… Read more »
Joe
Guest
Seems obvious why the two guys would abandon ship at GTR. When the CFTC came calling, they realized they were on the hook to have to tell the truth about the practices at GTR or face prosecution. I would have loved to be a fly on the wall in that meeting as they were told that the plan was to commit perjury and try to lie their way out of the obvious. How two scammers leave one place, claim to be something new and all is forgotten, is beyond me. As evidenced by Emmitt himself, once a scammer, always a… Read more »
Bob Amico
Guest
Joe, I am unaware of any investigation by the CFTC or any other. Sandy was fired by Simon for simple misgivings such as leaving his mic on while eating (No, SERIOUSLY!) and having his Skype constantly show up on the screen..Again, seriously. After Sandy left I was told, UNEQUIVOCALLY to only call my “Bang Bang” trades (range break trades, on the half hour, top of the hour or coinciding with news, hence making me a swing trader, which i am NOT! My issue there was also personal, though many. In sum and substance I was given an ultimatum and decided… Read more »
Bob Amico
Guest
Guy’s, I’m compelled to answer this particular email as Nadina has brought my name into this. First, I will ONLY defend MY trade calls. My calls are now and have been, buy and or sell stop LIMITS. I have never once uttered, “BUY BID, SELL ASK.” Never. I never will. As for my taking the customer list of GTR..No, I would not do that. What I did do was upload my contact list from my personal GMAIL account so if anyone has emailed me (dentist, etc.) they are in the list. If Nadina would like 1 on 1 education via… Read more »
Joe
Guest

Why don’t you give her the money back instead?

Joe
Guest

Your comment is awaiting moderation.

Why is Emmitt moderating comments? Want to be sure it only says what you want it to say instead of just letting people voice their own opinions?
The guy who claims to be on a quest for transparency, moderates the comments. That makes sense.

Joe
Guest

See what a scammer you are now Emmitt.
Moderate those comments and keep the discussion to your advantage.
You chase transparency and then hide it on your own site. Your a joke.

Jake L
Guest

Lighten up, man. His explanation about first-comment moderation seems reasonable to me.

Nadina S
Guest
Bob You have had some calls to contrition above. I am afraid it is not over yet. 1. What makes you think I would want education from you or anyone from GTR? Education on what? Market profile? Market profile is not tradable by itself. It divides market into areas – then you have to have a set up for an entry.That was my biggest problem in GTR room. There is no defined set up for an entry that one can learn, not even the direction (other than BANG BANG which is an indicator not a set up but it tells… Read more »
Joe
Guest

More importantly, are you going to refund her the money she paid you?

Bob Amico
Guest
Nadina, In no way am I suggesting you don’t have valid points..However, the same profile and order flow are how I trade and as for the methodology, I will defend that. It’s how I trade and it produces day in and day and day out ( I have sent daily video to Emmett with a DOM). I will say this..I can understand how it would be difficult to follow my trades as a scalper sans a DOM..As I watch order flow as well, my trades take on a different dynamic when price fails to move quickly to my target. That… Read more »
Nadina S
Guest
Bob Of all the things that were said in here, the one thing no one suggested is that you or Simon can’t trade. Only that people cannot physically follow you so as a consequence they get scammed and cheated. One may be tempted to ask why you needed to take $ 10 000 per person off people if you are doing so well in your own trading but still no one questioned your or Simon’s trading ability. Just the morals. In the light of the sinking ship situation and the clear evidence submitted here by so many people, let’s see… Read more »
Max
Guest
Dear Nadina, have you ever hear about a Nigerian scam? The one which involves an outrageous proposition that you first pay a substantial amount of money to some unknown Nigerian guy and then become a zillionaire? I always wondered who in his right mind might accept this obvious set up by a crook? But here is a deal. The whole concept is based on vetting (they send out ten of thousands emails) – finding either an extremely a stupid or – PLEASE ATTENTION, Nadina – greedy person. You are not stupid judging by your posts. But you excellently fall into… Read more »
Nadina S
Guest
Max Of course I blame myself. Look at my post from 8 November further down: “GTR is the same scum it has ever been. And I did see it on the very first trial. I just convinced myself I must be wrong. Surely someone who says that they make $ 300 000 a year and are verified by Dr Handley must be right and I must be wrong? Surely I do not realize what a good opportunity this is and I had better surrender the money before I lose any more of their wonderful signals? I was stupid and blind.… Read more »
Nadina S
Guest

Max
I forgot to say:

Bob Amico has taken money off people for false claims, I have not. You compare my “redemption” to his? You sure you are not one of those shills who relocated to Bob’s room?

Sam
Guest
Good points Nadina. He’s probably a shill trying to make a case about being greedy. Well which is the more greedy, the fooled customer who was told they could learn how to trade and be consistent, or the vendor who is pulling off a scam , knowingly compromising themselves in the greed for subscription profits of $7k to $10k each. You said 284 members. Assuming 84 are plants, that’s still over a million in profits not including “churning” of new members every few months. Going for 4 ticks profits them fumbling about on entries and such and ambiguous “results” reported… Read more »
Jon
Guest

Lets not forget The so called Dr Handleys Trade Titans have all paid him for their reviews.

Bob, are you willing to show the audited trades reviewed by Dr Handley that you and Simon claim to have made or are you distancing yourself from the GTR now?

Zexsy
Guest

I think its a given that Bob would separate himself from a company he resigned from. His new trade room is clear, transparent, easy to follow. You can SEE when a trade is on, and if there is no DOM on the screen, there is no active trade.

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