I Am A Day Trader

  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
1.0

Summary

Here we go again. Les 'Ray' Freeman, formerly the owner of Your Trading Room is back with yet another live, day trading room. Apparently, after recently burning investors in a multi-million dollar trading scheme, has decided to bestow upon the world yet more day-trading financial wisdom. The latest financial incarnation is remarkably similar to the last turd he dropped on the financial community.

In the great swamp of investment educators, this guy is the grand floating turd of investment hustlers. A track record of failure and financial devastation second to none. Has left a soup kitchen full of broke and destitute investors over a multiple of times zone and continents.

An ultra rare, high-level con artist with a penchant for the elderly and the financially desperate. Absolutely avoid.

Thanks for reading today’s review of I Am A Day Trader

What is I Am A Day Trader? The website can be found at www.iamadaytrader.com. The company is a day trading educational company owned and operated by Ray ‘Les’ Freeman. An Australian citizen, currently living in Los Angeles, Ca.

The company is currently selling a day trading course, named the “Fast Track Program” for $197. In addition to the day trading course, the company is also offering a live day trading room at $297 per month.

I Am A Day Trader maintains a very active YouTube page at the following address.

And just like every other trading educator on the planet, the YouTube page is filled with dozens of promotional videos that extol the amazing trading abilities of Mr. Les ‘Ray’ Freeman. In fact, TradingSchools.Org was simply amazed and the unseemingly endless stream of “Live Winning Trades” and promises of  easy day trading profits.

Amazing Claims of Success

The I Am A Day Trader website tells the amazing story of Mr. Raymond ‘Les’ Freeman, and how he has tutored thousands of day traders worldwide to gain financial independence by learning his time-tested patterns to profits. In fact, Ray Freeman likes to refer to himself as “The Samurai Day Trader”. He assures the audience that for well over 20 years, he has been applying his Samurai skills like a karate master, each day pulling out easy profits. His mind is sharp, like the Samurai sword. And he wants to teach you his day trading secrets. For only a small fee.

But before you take out your credit card, it’s important that we take a closer look at Mr. Ray ‘Les’ Freeman. This is not his first trading product, nor his first live day trading room.

The Most Recent Failure: Your Trading Room

Prior to teaching his secret Samurai skills at Iamadaytrader.com, Ray Freemon owned and operated a company named My Trading Room.Your Trading Room

For only a small fee, a person would log into a live day trading room and watch the amazing day trading abilities of Ray Freemon. After signing up for a monthly subscription to the trading room, the customer would then weave and wind through a proverbial primrose path of upsells and additional spending opportunities.

The grand finale of sales would be the Global Prop Trading program, where the victim/sucker would be enticed into spending $20k to $30k for the Ulitmate Educational Experience, and once they completed the educational program, they would then be awarded up to $5 million of dollars of Ray Freeman’s own personal trading capital. He would supposedly, financially support the person with a fat trading account, with no risk of loss to them. And they would enjoy the massive profits that so many others were also enjoying.

Unfortunately, the Ultimate Educational Experience and the Global Prop Trading program turned out to nothing more than a complete and total scam. Have a read of the following…

Ray Les Freeman

Pretty juicy stuff. And it all coincides with the stories of various individuals that contacted TradingSchools.Org directly and asked that we expose the scam. And most importantly, talked about the slick talking, con artist with a penchant for hustling working people out of whatever their meager savings. Pretty sad stuff folks. This guy has hurt a lot of people.

The big question, how much money has this guy hustled with his trading scam? The prior article claims thousands of investors lost money in the millions of dollar range. However, an additional article that was published by The Australian Business Review claims that “about 2000 investors worldwide lost approximately $10 million dollars.”

Yet more scams and hustles

Of course, maybe my choice of words are being a bit too hostile towards Mr. Freeman? Or perhaps, the Courier Mail newspaper was more succinct in describing Mr. Freeman as “Mr. Falure Les Freeman Strikes Again.” The following article describes how Mr. Freeman hustled 135 investors out of $1.5 million by promising upwards of 100% annual investment returns in a scheme resembling multi-level marketing.

Only a short time later, after burning through $1.5 million, Mr. Freeman created yet another amazing investment opportunity that promised 50% to 100% annual returns and raised an additional $6.7 million dollars from investors. A wealth building seminar that pitched various real estate investments. Of course, that also went bust and the financial authorities shut it down. Some investors were so upset with being hustled that they rearranged Mr. Freeman’s car, courtesy of baseball bats.

Apparently, after the baseball bat episode, Mr. Freeman grabbed whatever remaining loot that he had stolen from investors and made a mad-dash escape to safer lands. He found fertile pastures in the tony Los Angeles suburb of Santa Monica, where he now enjoys his days lounging in the sun, drinking fruit punch and dreaming up his next outrageous investment scheme. It appears that I Am A Day Trader is the latest hustle.

Truth be told, I could write an additional 1000 word article describing yet another “wealth building educational seminar” that hustled yet more people out of an estimated $5.5 million dollars. But to continue is to beleaguer the point…everything this guy touches turns to crap.

A tsunami of broken dreams, broken promises, and thousands of investors losing millions of dollars. Eventually, after lawsuits, regulators, and angry mobs make his life too uncomfortable, he disappears like a fart in the wind. And then later reappears with yet another amazing investment opportunity.

The latest hustle: I Am A Day Trader

Let’s not be naive to believe that “Iamadaytrader.com” is only selling a day trading room at $298 per month. This latest scheme is a nearly identical pitch that Mr. Freeman used to market Your Trading Room.

The victim is slowly drawn in Mr. Freemon’s world via the live trading room. Mr. Freeman then develops and cultivates a relationship. Not unlike a naive alter boy and a pervert priest. He creates the illusion of friendship and trust, he then probes the victim for information on their available credit card limit and available savings. Once the victim is woozy and delirious from the dreams of day trading glory, he then springs forth with his financial dildo of destruction. And begins unmercifully and gleefully thrusting away until the victim is broke, despondent, ashamed, and feeling very icky from the experience.

Of course, my description might be offensive or too visual for some. However, in interviews with the multitudes of victims, the feeling of financial rape is the most common descriptive terminology. So let’s call it what it is, Mr. Freeman is a financial predator, a financial rapist. A slick talking, slim emitting, ooze extruding financial con artist pitching snake oil in various flavors.

Wrapping things up

Some of these reviews really rile me up. And Mr. Freeman, with his marathon of BS investment schemes, has been going full tilt for nearly his entire life. It just amazes me how he moves from big-time hustle to big-time hustle, scamming millions of dollars and never catches a prison cell. Always slipping through the hangman’s noose, always blaming someone else for the missing monies, and then sliding through the sewage pipe to yet another grand escape.

Sometimes I wonder if Karma is real.

Thanks for reading. And don’t forget to leave a comment.

Leave a Reply

37 Comments on "I Am A Day Trader"

Notify of
avatar
Sort by:   newest | oldest | most voted
Less Freeman
Guest
Less Freeman

I purchases his day trading system and it’s basically trading with moving averages and waiting for the price candle to touch it…..it’s total BS since there is no way it can traded profitably. It only looks good after the fact. Garbage.

Brandon Diggs
Guest
Brandon Diggs

Your results will always be an expression of your beliefs. Therefore, if you believe “there is no way it can be traded profitably”, you will be correct. Your mind will make it so, to save you from the emotional pain associated with experiences that contradict your beliefs.
Change your beliefs and you can change your trading results.

Rob B
Guest

What complete nonsense. This Trading Room is run by a complete con artist that can show no proof he can trade profitably. And that is the only fact that matters. Everything else is nonsense. This is like saying if you just close your eyes, snap your red shoes together 3 times and really believe you can calculate the last digit of Pi then you can do it.

Do you shills have no shame once so ever. Apparently not.

dtchurn
Guest

Yep this is another way shills keep newbs hooked and continuing to pay monthly churn fees, by saying “work” on believing. Believing only goes so far on an unproven losing system. That’s why most newb retailers lose money on trading room shams trying to believe the “system” is statistically profitable because the vendor said so. Online trading sure has opened up a myriad of hooks and tricks possible for these shammers to come up with new ones every years or so.

Rob B
Guest
I had something funny happen today that remind me of this. Someone knocked on my door who was selling some type of detergent. He was all excited and enthusiastic and telling me how it was the greatest detergent out there. I never even heard of the brand. I guess I was suppose to just believe what ever he said. I told him I research everything and am slow to believe. I told him give me some literature on the product and I will research it. He left. I guess off to find the next sucker that will pay 10 times… Read more »
James
Guest

The ‘beliefs’ angle is a good one. Works on a lot of people. Most successful vendors use it.

Hey, that detergent guy should contact Big Mike to see if he can market the stuff on FIO.

Mike has been known to promote vendors of unproven and sketchy products. LOL! Maybe he can offer a 2-for-1 deal. Buy two jugs of detergent and get 1 free month chatroom membership of your choice: Al Brooks, FT71, or Jaguar Ed.

amit
Guest

Thanks Emmett for positing about this fraudulent predator. All the readers should not only post online about this guy and others with low ratings but also mention where ever possible about “trading schools” as a good source for authentic evaluation of the “dream sellers”.

Ariel
Guest

Man the people are such con-artists…makes you wonder if there’s anyone good out there.

You know what they say…those that can’t trade scam suckers (and end up being reviewed by Emmett – LOL).

Ariel
Guest

Emmett,

I’ve been reading your trade room reviews for almost year. I love ’em. Absolutely love ’em.

They’re fun to read. You always tell it straight. And you separate the truth from the bull-poop.

Love it. Love it. Love it.

Keep it up man!

dtchurn
Guest

A liflelong con fleeing his home country then proceeds to yet another retail sham monthly churn in Los Angeles, CA. Thanks for the warning for all the newbs. Hope interpol gets him deported and locked up to stop this crook’s financial devastation to victims and he shoudl be featured on the down-under’s equivalent of CNBC’s American Greed.

toto
Guest

probobly close friend of Al Brooks who also lives in California

dtchurn
Guest
Newbie trader
Guest
Newbie trader

The variety link you pasted in there is talking about a completely different Al Brooks – not the trading author. This information is in the first line of the article.

dtchurn
Guest

Exactly.

Steve Williams
Guest
Steve Williams

What’s wrong with Al Brooks? He seems legitimate. Do you have proof to the contrary?

Newbie trader
Guest
Newbie trader

There is a review of Al Brooks on this site. While people do rave about his books, it looks like he does not actually trade for real.

New Trader
Guest

I’m on this Freeman’s spam list and just got an email today saying he’s started a trading room @ $197 per month. Beware.

Richard
Guest
Wow wow wow! I passed my trading combine and funded trader preparation only focussing on 3 setups that Ray teaches. If you have discipline and follow the entry rules and become an expert at concentrating on only a few setups you might be amazed at what you can achieve. The 197usd to enter his programme is nothing compared to a minimum of a couple of thousand dollars charged by other vendors. You sign up via paypal to the trading room thats launching the 25 Jan 2017. So you have full control over your subscription! So nothing to lose and he… Read more »
Marco
Guest

The Live Trading Room it is not profitable they lose money almost every day and they just talk rather than taking winning trades. I’ve been following them for 2 months.
Do not waste your money

Brandon Diggs
Guest
Brandon Diggs
I purchased the Fast Track Program in Apr. 2016 and the experience has been nothing like what you described above. There have been no attempts at any upsell beyond the original $197. There have been no attempts to “draw” me in to the live trading room. On the contrary, I have been offered free access to the trading room (once it opens), because of a few YouTube videos I made talking about his various systems and explaining them in more detail. In your article you have done what unscrupulous writers do – sensationalized the scarce facts you actually have, and… Read more »
Stray Dog
Guest

Brandon Diggs, do you even know what “I don’t have a dog in this fight.” means? Clearly you do, the whole content of your post screams that you have a dog in this fight. You want people to believe your account of dealing with Ray, your anecdotal, unsubstantiated account verses Emmett’s researched, documented and fact laden review. Hmmm, that’s a tough choice.

Brandon Diggs
Guest
Brandon Diggs
Out of my entire post, you’re refuting my statement that I don’t have a dog in this fight? You’re missing the point. I don’t have a dog in this fight, meaning I won’t be affected in any way whether Ray’s trading education business succeeds or fails. “Researched”? “Fact laden”? Really?!?! I refuted two “facts” that were pretty darn material to the rhetoric of the article. It took me all of ten seconds to research Ray’s site and prove there is not yet a live trading room. It took another 10 seconds to research his daughter’s name. Kiara Freeman, the 12-year… Read more »
ZAQ@
Guest

Brandon is spot on about Ray’s method. Take this knowledge and enjoy life. Good value. Trading is hard.

Stray Dog
Guest
Geez Brandon do you know where else the sun is shining when is dark in California? About a thousand other places on the earth. So this and the fact that you haven’t be up sold anything yet means that Ray is an upstanding citizen and Emmett’s review was completely wrong. One tiny problem for you Brandon, as Goagal pointed out “According to those two Australian newspapers Freeman swindled people out of millions of dollars. And THAT’S what’s important: the millions of dollars he stole. Refute that and you’ll have a point.” Give me a break but at least the shills… Read more »
Eduardo
Guest
I agree with you. This is one system I run into several months ago, I’ve tested it, and it works. Many systems out there works, you must adapt it to your personality and feel comfortable with them (apart form the hard work and all the personal skills you must develop to be succesful). I purchased it for just 99$ and that was all. The trading room will start next year, I’ll try one month-thre months first, and I’ll post here again. I’ve read many books, watch videos, courses and I’ve learnt from all of them. This is a very difficult… Read more »
BrokeMike
Guest
Ray is a smooth bullshiter, web marketer, with a system to sell, for easy TAX free money! He’s no different to Emmett Moore’s other prized catches! The site say’s he’s in the states “Suite 300, 10100 Santa Monica Blvd, Los Angeles, Ca 90067” And if you google it, it looks like there’s other businesses in that same office “Suite 300” :/ lol https://www.yelp.com.au/biz/mccarthy-law-los-angeles http://1031exchangereplacementproperty.com/contact-us/ But I doubt he’s there, most likely in Australia where your tax free USD provides for a nicer lifestyle! Actually, the gold coast has a very high crime rate, so he’s in good company! Brandon, Eduardo,… Read more »
Goagal
Guest

“Many systems out there works, you must adapt it to your personality and feel comfortable with them (apart form the hard work and all the personal skills you must develop to be succesful).”

Lol, this is the exact line that con-artist TR operators give you, while they themselves don’t make those systems work and until the authorities shut them down.

wpDiscuz