Mook Trader

Mook Trader
  • Honesty
    (1)
  • Quality
    (1)
  • Cost
    (1)
  • Support
    (1)
  • Verified Trades
    (1)
  • User Experience
    (1)
1

Summary

Mook Trader is a live day-trading room that is long on claims of massive trading profits, and short on actual proof. The owner of the company, Hubert Tsai claims to be a full-time professional day trader, with a $500,000 per year track record…and apparently, no losing trades. Additionally, Mook Trader claims that all trades are 100% real, and verifiable. Unfortunately, no proof of these amazing claims of trading profits could be provided to TradingSchools.Org.

When Hubert Tsai was asked for a consolidated report of trading results for the prior year, his response was that he does not keep a record of his trading results. But that all of his trades could be verified by asking members of the live chat room.

Claims to own a $115,000 Porsche. Unfortunately, the license plate on the car “MOOKTDR” appears to be a fake license plate with no DMV record.

Pros: Hubert Tsai is a charming character that really sounds like he knows what he is talking about.
Cons: Unfortunately, nothing much of what he claims can be verified. No verifiable track record of trading results. Plenty of sizzle, but not much steak.

Thanks for reading today’s review of Mook Trader

What is Mook Trader? The website is live day trading room that specializes in day trading stocks. The cost of the live day trading room is $159 per month and includes a one-week free trial. A review of Archive.org reveals that MookTrader has been in business since 2015.

Mook Trader is owned by a person named Hubert Tsai. Hubert claims that he has been a full-time professional day trader since his 1996, and has trained hundreds of traders to learn his proprietary “prop trading methods”.

Mook Trader maintains the following social media profiles: Facebook, YouTube, Twitter, Instagram, and StockTwits.

Mook Trader: Performance Claims

Mook Trader claims that all trades are 100% real trades and that all trades are verifiable. A list of supposed trades that were called live, inside of the trading room can be found on the following performance page link. It is important to note that Mook Trader is posting no disclaimer regarding hypothetical performance. Since there is no disclosure regarding hypothetical performance, then we are under the assumption that all trades are real. From a regulatory perspective, this is extremeley sketchy.

The following screen shots are the supposed performance of the live trading room, for the past 12 months:

 

Obviously, this looks quite impressive. All winners. No losers. The following is a summary of the supposed profits:

Mook Trader    
$7505$4606$2145$6261
$2379$11,808$3085$2707
$2176$2429$20,470$4674
$3389$8710$28105696
$9360$2621$8373$3732
$28,868$6080$88422237
$5114$2389$2782$4751
$4550$2940$15,672$3555
$10,993$2611$2549$6782
$3549$8048$6360$3415
$5880$4889$2645$7266
$2448$7385$3900$8459
$44,740$2229$4440$3192
$17,505$22,221$14,276$9022
$3776$1779$13,784$8712
$3992$3132$3102$9153
$6174$4772$1245$5065
$2216

Pretty impressive results…a grand total of $477,422. Think about this a moment. Mook Trader is claiming a profit of $477,422 for the prior 12 months. All 100% verifiable and authentic, executed through an actual brokerage account. And no disclosed losses!

I don’t know about you, but I would love to pay Hubert $159 each month for his amazing trading room, where I can earn $477,422 by simply copying his trades. All of my day trading dreams can come true.

Trader Porn

With so much easy, day trading profits, Hubert has apparently been stocking up on expensive sports cars and even a Rolls Royce. Every day-trading guru needs at least one $100k sports car, and Hubert is without exception. The following images were scraped from his social media profile:

That’s a pretty nice car. A Porsche Panamera GTS, with a starting price of $115,000. And that license place, “MOOKTDR” is really nice looking. However, is it real? Does he own this car? Well, thankfully Experian has a website named autocheck.com. The history of any vehicle can be quickly reviewed by entering either the VIN or the license plate number. And so I checked the license plate number for “MOOKTDR”, for California. 

Unfortunately, the license plate “MOOKTDR” is not registered in the state of California. It appears that Hubert Tsai created a fake license plate and slapped it on somebody’s car.

Maybe Hubert had the license plate created by this guy.

Now let us be clear, I am not calling Hubert Tsai, the Mook Trader a fraud and a phony. But these claims of amazing profits simply sound too good to be true. And this whole fake car nonsense is enough to make my stomach turn sour.

Contacting Hubert Tsai

Hubert Tsai is actually an entertaining character. TradingSchools.Org attended the live trading room during the month of September. He is quite charming and fun to listen too. And he knows how to talk about the stock market. He is a constant stream of comments. He loves to talk about why a company is moving up or down. But his trading? Whom in the heck knows. There is no live trading account on his screen. His trading calls are a mish-mash of  grunts, hollers, and verbal instructions like “GOING LONG HERE!”. And if the price goes against him, he starts hollering “GOING LONG SOME MORE”, and if the price keeps going against him…you guessed it “GOING LONG EVEN MORE!!!”. In fact, on various trades in the chat room, he just keeps screaming and adding to his losing position. Sometimes holding overnight.

In multiple instances, we witnessed supposed trades that started off as a loser with 1000 shares and he progressively adds to the losing position until he had accumulated a position of nearly 14,000 shares. Keep in mind, each share was priced at nearly $20 a share. This would have required an account size of over $520,000. My question to Hubert, is any of this real?

TradingSchools.Org reached out to Hubert Tsai, seeking clarification on some of these performance issues. In particular, we asked for some sort of proof that he was executing with a live trading account, as he claims on his promotional videos. Hubert Tsai responded that he could not produce any trading records.

Our next question to Hubert is whether he could produce a consolidated record of all of his trades for the past year. He responded that he was a 20-year trading veteran, and he “personally does not keep a track record of his trading.” Furthermore, he stated that if I needed a verified record of his trading results, that I should speak with chatroom members, and that they would verify that everything is real and truly amazing.

Wrapping things up

Let’s wrap this up. Hubert Tsai is claiming profits of nearly $500,000 as a day trader. Yet can provide absolutely no proof. He is publishing pictures of a $115,000 Porsche and claims to own a Rolls Royce. The license plate on the Porsche appears to be a fake license plate that he purchased over the internet. His only form of proof? That we should talk to people inside of the chat room. They will verify everything. Ok, sure Hubert.

Pretty funny stuff. But also pretty sad that anyone would fall for this.

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

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69 Comments
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Gus
Gus
3 years ago

I joined mooktrader room from the day he launched the site. To me, mooktrader is the best boost I could ask for in my trading career. It is not just about the live trades he is executing with an impressive consistency. To me it is about stepping up your own competence level every single day that I truly do in the room. I studied 5 years at university myself and like to dig into companies fundamental health. This is exactly what I like the most with mooktraders contrarian trading style. No matter if it is a long or short he always knows at a glance the companys financial health. Therefore, scooping up solid companies on bigger selloffs, also making great swing trades for me. It’s all about managing your risk.
I can’t ask for a better professional chatroom and mentor in my now three year old full time trading career.

Stray Dog
Stray Dog
3 years ago
Reply to  Gus

You like to dig into a company’s fundamental health but someone who refuses to produce any evidence of their success using the method they sell doesn’t raise a single red flag with you. How do you resolve that?

Hank
Hank
3 years ago

This is my first time participating in such a forum, and I’m only doing it out of respect for Mr. Tsai. I have known him since 1998. I have seen his daily P&L with my own eyes every time I visited risk management office. He’s the real deal. Look guys and girls, as Mr. Tsai would advise you himself as he advised me, there are many ways to trade. His way may not be yours and his style may not fit your character. But to call him a fraud? What proof do you have to slander a good man other than conjecture? FYI, our boss would always sit rookies with Mr. Tsai first. That’s how highly regarded he was and still is by fellow traders who know him. Best of luck to you all aspiring traders. I know how hard it is to make it in this business. It is a continuous learning process. Don’t get discouraged if this is not your cup of tea as it is not a reflection of who you are.

JOE
JOE
3 years ago
Reply to  Hank

Join the discussion ok mr tsai , lol … who the fuck do ya think your kidding pretending 2 b someone else ,lol….. BULLSHIT

Danny Tong
Danny Tong
3 years ago

Typical hater post on someone who is truly legit in the world of day trading. I used to work with Hubert back at Worldco and he made millions each year and taught me the ropes when I started. Whoever wrote this review must have been paid to bash him. And no that probably isn’t Hubert’s Porsche because he only drives custom twin turboed Ferraris. You should google his cars.

jim
jim
3 years ago
Reply to  Danny Tong

why doesn’t your boy Hubert just show proof that he actually is profitable?

guest
3 years ago

reviewer is fair & honorable here, save for the fake car thing, who cares if he wins trades… commentors are reminiscent of a cossack lynch mob.

Tom
Tom
3 years ago

Al Brooks is a fraud just like every other clown that does this.
Folks trade rooms are like late night infomercials. Most of the crowd in your room is staged, and its a performance to sell a product.
If someone was really that good of a trader, you think they would waist their time showing anyone? They would be trading making money and not putting on a show.
$3-500 / month is what the room is all about.
Do the math. You get 5-8 new suckers each month and you dont need to trade at all.
Average person lasts about 6 months before they bail, so you need a constant social media spam routine to keep the pipeline filled with pigeons.
How do I know?
I was on the other side for over a year, and could not live with myself because I knew it was a fraud.
I gave everything back to the people who signed up, but also seen just how easy it was to put on a performance especially for people who were not very technically savvy.
You never trade real money because the fills will be perfect , and you use Ninja Trader because its the only platform that you can mask your DOM to look like its a LIVE account.
How, you might ask…
Just rename the SIM account to something similar to a real account, and change the DOM SIM color to the White Live color, and BINGO , everyone watching thinks you are trading live.
Always use 3-5 contracts taking 3,4,5 ticks for first targets and let 1 ride so you can always pile up trades.
Never include commission, fees, or ticket charges in your totals .
So that folks is all you need to know and you too can start your own trade room and start fleecing people..

Thats the business model, not trading ….

Sam Watson
3 years ago
Reply to  Tom

I disagree Tom. As someone who has danced with the idea of teaching there are quite a few candid reasons:
1- Vanity: “If a tree falls in a forest and no one is around to hear it, does it make a sound?” this old adage rings true for the trading profession; Most traders feel deprived of the recognition and ‘pat on the back’ that other professions provide. Success without an audience to attest to it can feel unrewarding for most. Some trade room operators feel a sense of worthiness and confidence from having a room full of admirers. It’s nothing evil, it’s just the human condition.

2- Money: Yes, yes, of-course trade room operators ‘can’ make more money from teaching than trading. But there is no harm in aspiring to do both. There is no golden rule, quite simply making money is making money. The oft-repeated phrase of “well if they could trade then why would they teach’ is non-sensical. Let me give you my example; Currently i trade futures, for some of the commodities that i trade successfully there are limits in the number of lots i can trade e.g. 10 lots, in addition to limitations in terms of the ideal trading time-window etc etc all of this presents a finite amount of money that i can make with my trading strategy in a finite amount of time to do so. Now that finite amount can still be a dream come true for aspiring students, so its a Win-Win for both student and teacher. Professional traders do encounter profit limits, more-so in the futures and options market, maybe less so for cowboy penny stock traders that aim for Jupiter.

3- Discipline: Teaching others how to trade on a daily basis does reinforce a lot of trading discipline thats important for trading. Teaching the same thing day-in-day-out and the repetitiveness does help tremendously towards polishing your self-discipline and reinforcing the rules and playbook that are pertinent to your trading strategy; There’s less of a chance of detracting from the rules when there’s a room full of observers compared to when you’re on your own and feeling ‘adventurous’ with your trading.

4- Growth: As a trading room operator you do learn new things from your students, perhaps something you’ve overlooked in your own strategy or something new that helps improve the strategy etc etc.

Now with all this said, yes it can be tempting to be lured into the ‘dark side’ hence the big basket of dirty fish that this website exposes. Also despite all the points i’ve listed above it’s also quite important that any trade room operator does limit the number of students he has or it would negatively impact the efficacy of the successful trading strategy.

Rob B
Rob B
3 years ago
Reply to  Sam Watson

If this is true Sam, why then cannot none of the Day TR show any proof of live trading and “Real” proof of their claims. What other industry can do that. If a mutal fund claimed outrageous returns that they did not acheive they would be locked away. This industry is Just Trust Me and people are gullible enough to fall for it. Sam, can you name that mysterious honest trading room that can show actual proof of their claims. As they say, Where is the beef?

Sam Watson
3 years ago
Reply to  Rob B

I was merely discrediting the statement Tom made that real traders would have no real motive to teach. The points i made are valid – at least for me. As for genuine trading rooms, Emmett has highlighted a couple already including ‘watchhimtrade’.

guest
3 years ago
Reply to  Rob B

its probably a regulatory nightmare

Billy b
Billy b
3 years ago
Reply to  Sam Watson

Do you mind if I ask why you didn’t start your own trade room and what size limit for the room would be appropriate (e.g. 50 students for a stock room).?

dtchurn
dtchurn
3 years ago
Reply to  Tom

Which room were you working in, and do you know how Valdamare Kingkongzana ,kongzanatrading.com pulled the wool with his NT results?

Rob B
Rob B
3 years ago
Reply to  dtchurn

Don’t know anything about Kingkongzana, but faking NT results is easy.

dtchurn
dtchurn
3 years ago
Reply to  Rob B

I’d heard about the dom faking part and I have NT. I don’t waste time trying to put a fake dom because I don’t have a scam room and I am busy trading live. The only coding I do is modding indicators to help my trading. Someone told me Kongzana had his results posted often instantly after the session with the dream results. I’d heard there was some way of messing with the local database but was hoping for specifics on how VK put up those dream results daily from his semi-auto system.

MATT
MATT
3 years ago

One of the biggest and most respected guru traders is ANAND SANGHVI & his SANG LUCCI hedge fund/ crew. Even though he knows what he is talking about, says he makes millions, has a hedge fund. It just kills me to know why the hell he would have a guru service?? I respect him but this would be a great review on a very popular trader in the trading community

kooltrade
kooltrade
3 years ago

Emmett, why are you deleting my comments about Meir Barak and his shady trading service??? are you involved with him?? what are trying to hide??
Its starting to smell fishy man

kooltrade
kooltrade
3 years ago

Hey Emmett, Would you please review Meir Barak and his tradenet chat room. This guy making all kind of claims on his youtube channel.
https://www.tradenet.com/trading-room
https://www.youtube.com/user/TradenetGlobalUK/videos
Thanks

Gaspy
Gaspy
3 years ago
Reply to  kooltrade

Hi there,
I am in Meir’s chat room since 2 months. Good thing about him is he tells you when he is red or green, when he enters stock and it’s up to you if you gonna follow him. Today he was red 5.5k. They have their techniques that they follow, they have losers and winners. There are other guys who are profitable like Steve who makes money on forex. I recommand this place. There is 2 week free trial so it speaks for itself. Some chat rooms dont even offer trial and free trial? Never seen.

Pete
Pete
3 years ago
Reply to  Gaspy

Al Brooks is an honest man and almost never has a negative day and he has not yet been reviewed, yet Emmett too is an honest man and has been told by me that Brooks offers free trials.

Rob B
Rob B
3 years ago
Reply to  Pete

You know I have too many fights with shills to fight with some obsessed with Al Brooks. So this will probably be my last post to Pete. I can not imagine how this is a response to Gaspy’s post, but when I read it, this image pops into my mind with the words:

Where is my Precious Al Brooks Review

http://screencast.com/t/XaeOetfsy8

Cyn
Cyn
3 years ago
Reply to  Rob B

Oh Lor’, who is that? Pete or Brooks?

Pete
Pete
3 years ago
Reply to  Cyn

Yes, in the words of Gollum, where is OUR PRECIOUS Al Brooks review. WE, as an intellectual group-mind of misled and failed traders have conversed for years about what the mastermind Al has been up to since 2008 and we sent our precious review to Emmett. Time is precious and it’s time for Emmett to act swiftly and justly. I hope he understands how serious it is we get this out before Brooks strikes again at another Las Vegas trading expo Nov 17th. With this Mook review Emmett has shown he’s not against going after lower-priced services, Brooks may be more dry and less sexy than Mook but still this is VERY urgent due to his arrogant and bombastic claims of trading success and the upcoming expo.

Stray Dog
Stray Dog
3 years ago
Reply to  Pete

This has to be my last post to Pete as well. Pete, how many posts have you made about Al Brooks? 100+? How many words have you written about him? 1000s+? Do you think that anyone reading any review on this blog does not know your opinion about Al Brooks? A review almost seems pointless at this stage. Al Brooks doesn’t show real trades. Al Brooks hindsight calls trades in his room. Al Brooks is nonspecific about any trading calls and really he doesn’t make trade calls. Al Brooks teachings don’t work in the real world. Al Brooks is a sham bordering on a scam. Everyone should avoid Al Brooks. Does that about sum it up? Finally from me. What do you think a review from Emmett will achieve that your posts have not already achieved? Has Jason Bond been shut down? Warrior Trading, have they closed shop? If this is your crusade you should get onto social media, trading forums and take the fight to Brooks.

Joe
Joe
3 years ago
Reply to  Pete

FOR THE LOVE OF GOD! Emmett, PLEASE review Al Brooks so this idiot will STFU! Or, either block his IP, or, make a new section at the top and label it TRADING MENTAL DISORDERS and banish him to it.

Stray Dog
Stray Dog
3 years ago
Reply to  Joe

🙂 I like your new tab label idea.

toto
3 years ago
Reply to  Pete

Al claims he is a successful daytrader for over 25+ years.. Emmett make him prove it, do a review of this slickster!

Stray Dog
Stray Dog
3 years ago
Reply to  Cyn

Pretty sure Rob B is alluding to the effects of allowing something to grow into an obsession that takes control of your whole life. Pete, we’ve all had set backs. A large part of how catastrophic they turn out to be is how you deal with them. Your obsession with Al Brooks is worrying and exhausting.

Pete
Pete
3 years ago
Reply to  Stray Dog

Good points…but it is Emmett’s duty to prevent others from going out like I have following scams like Mook and Brooks. I am 20K in high interest debt on loans used for trading futures. Oh and the review is important because Brooks goes to places like Asia to teach for profit, as I pointed out in the review I wrote for Emmett.

Rob B
Rob B
3 years ago
Reply to  Pete

“I am 20K in high interest debt on loans used for trading futures”

This has got to be a joke. If not then seriously you have no one to blame but yourself and our stupid Govt that allows anyone to get student loans. And then Govt wants to pardon these student loans. So we will be taking tax money from hard working America to pay for Pete’s gambling addiction, yes gambling addiction. Get help NOW!!!!!!!!

dtchurn
dtchurn
3 years ago
Reply to  Rob B

losing and racking up 20k in high interest debt due to Brooks? how crazily foolish is that? Brooks never called out trades nor sell any indicators or signal systems. Hard to believe anyone would fool themselves into live trading with brook’s bare 5min chart and be so eager to not even test it sim.

Cyn
Cyn
3 years ago
Reply to  Pete

Did you not read the disclaimer that the CRTC tries to force even the scammers to put on their sites?

You should not trade with money that you cannot afford to lose!!!! High interest loans certainly fall in the class of money you cannot afford to have, let alone to lose.

This one is on you alone, not any of the scammers. Yes, not even Al Brooks.

You should not be in here complaining because of your own intemperate decisions.

Your rant is one of the most awfully pathetic pieces of drivel ever written.

Pete
Pete
3 years ago
Reply to  Cyn

You’re wrong! I have sim traded with success, I even had somewhat consistent success with real money. For many many years I always thought I was just around the corner to being a profitable and actual professional trader like Al Brooks. I was deceived based on the dream he was selling of himself as an independent professional futures day trader, I am NOT suggesting he had any direct influence in me getting in debt from trading futures. I know others will lose money if they follow Al Brooks’ deceptive and high-risk teachings and it is our duty within the social contract to inform them of lack of success of Brooks’ students and the charlataness of Brooks. Cowards like dtchurn who apparently saw no edge in his teachings and thought his teachings were misleading, they did a disservice to the internet community of traders by not publishing negative reviews of Al Brooks.

dtchurn
dtchurn
3 years ago
Reply to  Pete

The shitty coward is Pete who still hasn’t done his own CFTC complaint and it follows he calls the rest of Brooks readers cowards for not doing their cftc complaint. Got news for his Brook diseased brain. Most everyone found no need to file a complaint and there is little ground since Brooks is small time and always has been. The earlier Brooks students who read the book jsut did that, read a book. The trading room was always educational and not a trade calling room. Go ahead and post on brook’s forum calling for a cftc complaint drive.He won’t do it there, he won’t do it on bmt or anywhere except in review threads where he can overstuff posts and hope people don’t read the older ones of his bullshit. There are thousands of vendors on ninjaecosystem who never get cftc compalints. And there will be none for Brooks, because the single complaint will be a joke the CFTC will toss out.

dtchurn
dtchurn
3 years ago
Reply to  dtchurn

Another point, I already voiced my feelings on the method and felt it didn’t work right in the brooks forum years ago in the midst of scores of kool-aid drinkers. Not my problem if people continue to do it after having seen a negative testimonial. It’s not like I lost my shirt trading brooks like some fools. Brooks is so small time, but nah the sniveling petedetithbrooks won’t even bother to bring the fight to forums. I simply stopped caring about Brooks years ago until these crying victim posts about Brooks brought it up from obscurity on TS. what an annoying reminder

Cyn
Cyn
3 years ago
Reply to  Pete

“I am NOT suggesting he had any direct influence in me getting in debt from trading futures.”

Then you should not have mentioned it at all, as what you now say means that the statement about your $20k in high-interest loans has no relevance to all the tea in China?

“I know others will lose money if they follow Al Brooks’ deceptive and high-risk teachings and it is our duty within the social contract to inform them of lack of success of Brooks’ students and the charlataness (sic) of Brooks.”

That is debatable, but I am inclined to agree with you. It is a matter of how each of us wants to go about that, and your continual and persistent ranting became counter productive once you had made the point.

“Cowards like dtchurn who apparently saw no edge in his teachings and thought his teachings were misleading, they did a disservice to the internet community of traders by not publishing negative reviews of Al Brooks.”

He decided not to spend his time on that. He has no duty to take on the education of KoolAid drinkers. Emmett made the decision on his own to become the scourge and gadfly of rogue TR operators. dtchurn decided to let the KoolAid drinkers be, after a single warning. We need to respect both decisions.

Pete
Pete
3 years ago
Reply to  Cyn

No, direct influence means I still have autonomy and have direct responsibility for my decision to trade with a live account. I can still warn others to avoid following my path of following misleading day trading educators while taking responsibility for my actions.

I respected dtchurn’s decision to not to have posted anyhting negative about Al Brooks in the past until dtchurn clearly made a disrespectful decision to antagonize me with ad hominems, question my motive and commitment to the educational products in question.

P.S. “charlateness” is a neologism.

dtchurn
dtchurn
3 years ago
Reply to  Pete

Thank you Cyn. Pete is full of it. He has little respect for the discussions. All that matters is his little pathetic game. He started following me since two reviews ago and continued to tag my posts and then tries to pin the flaming on me. Then he talks to himself with alternate names to make it looks like a “discussion”. You are done Pete. Everyone can see what you’ve done , how you brought the whole discussion to a cess level, and you have no business complaining about Brooks because of your rookie trader mistakes.

Cyn
Cyn
3 years ago
Reply to  Pete

Fair enough.

Simon Watfa
3 years ago
Reply to  Pete

From a search engine ranking perspective you’ve probably created enough backlinks with all your posts about Al Brooks across multiple forums that one might attribute at the very least some modicum amount of his success to your incessant posts.

Rob B
Rob B
3 years ago
Reply to  Simon Watfa

Yes, I agree and think there might be an ulterior motive to all this posting.

Amit
Amit
3 years ago

Why is Mooktrade making thousands on one stock each day but still wanting $159 month subscribers and similar headache and responsibilities. Something does not fit in this model. Fraudulent predators nothing else.

David
David
3 years ago

Why would you review crap like this, the name itself already screams “scam”. I asked multiple times to review scammer http://www.profitsrun.com with no success, do the favor to the community, produce the review!!!

Rob B
Rob B
3 years ago
Reply to  David

If Emmett reviewed ProfitsRun, someone would be complaining he did not review Mook.

All these Day TR are scams. You think Profitsrun is different. Tell them you are really interested in their training and would just like to see actual Brokerage Statements as proof of their trading profitability. Good luck!

David
David
3 years ago
Reply to  Rob B

I already asked and you can guess the result :-)). They deserve review in high traffic place as this one.

Fara
Fara
3 years ago
Reply to  David

I think this site has severed it purpose. At this point I don’t think Emmett needs to do anymore reviews because at this point if you can’t understand that 99.9% of this trading rooms are frauds than there is no helping you.

As Rob B said, if you are interested in a trading room ask them for a brokerage statement to verify that they actually trade. If they can’t, that should be enough evidence for you too move on.

I think we are a point that if this site wants to grow, we need forums where we can have open discussions, instead of these discussions taking place in comment sections of reviewed trading rooms which is counterproductive to those that want to feed back about the reviewed vendor.

Chuck
Chuck
3 years ago
Reply to  Fara

Yeah, I do agree that adding a Forum area would probably add traffic for Emmett. I’m sure there is some public domain forum software that could easily be added. Hopefully he will do that soon.

But definitely do not agree that Emmett should stop doing reviews. I personally love reading Emmett’s reviews – Even though I know all the trading rooms are frauds I enjoy Emmett’s writing style and come back to this site just about every day hoping for a new review or the latest on how the SEC is cracking down on somebody or his insight on the trading room scum/business that we may not know about..

Fresh content (new reviews) is also needed for this site to stay relevant in Google Search as well.

Chuck
Chuck
3 years ago
Reply to  David

They don’t deserve shit moron. You can’t demand Emmett to review a site because you think it needs a review – Go here
https://www.tradingschools.org/add-listing/
and request a review like everyone else does and then wait.

toto
3 years ago
Reply to  Rob B

Al Brooks MD is also a Scam…his brookspriceaction trading candles on 5min chart scalping for 1 point profit all day is just ridiculous.
Needs to sell $99 live room, many books and does seminar to really make money. he coudnt trade if his life depended on it!

Dave
Dave
3 years ago
Reply to  toto

Pete ?

John
John
3 years ago
Reply to  David

Profitsrun is clearly an education company and they don’t make any profit claims at all. For me its quite clear that they don’t trade but just provide educational material like million other companies too. Why do you need a review for that? Just don’ t join and go to a library.

David
David
3 years ago
Reply to  John

2000$ education from somone who doesn’t trade at all? I watched a lot of tennis videos, I will teach you, interested?

John
John
3 years ago
Reply to  David

Its overpriced, sure but they dont make any claims regarding profitability. Its the same like a video cpurse of Stephen Bigelow. You pay him that he teaches about candlesticks. The guy did never trade in his whole life but he doesnt make any claims either. So you get what you pay for.

Cyn
Cyn
3 years ago
Reply to  John

Not true. Stephen Bigelow traded in the World Cup Advisor one year long competition. At last look, he has lost 85% of the account. World Cup Advisor claims that competitors trade with their own real money, not in Sim.

Rob B
Rob B
3 years ago
Reply to  Cyn

People look at those trading competitions and say WOW! What they do not realize is these guy risk it all to try and win these competitions so they can sell their books or education. They will risk 30% at a time. Most blow their account but no one sees that. They see the one that made money.

And the funny thing is the TR promise returns even greater than the winner of the competition have.

Cyn
Cyn
3 years ago
Reply to  Rob B

Exactly. That is why I was pointing it out. I think that I did a poor job of what I wanted to say.

Indeed it is so bad that one pundit claims that at any given time, the most profitable traders are the worst traders. I do not quite subscribe to that, but he was saying that the traders taking the biggest risks tend to be leading the returns at any given time. The problem is that it is never quite the same trader when you come to check the next time out.

Kevin Davey
3 years ago
Reply to  Rob B

As someone who won a trading contest, I can safely agree that winning a trading contest proves…only that you can win a trading contest. It does not prove you are a great trader, but it does take skill to win (and some luck too).

I’d much rather see a trading contest based on return/drawdown rather than just return, but such a contest would not be as exciting for the typical retail trader.

GemBow
GemBow
3 years ago
Reply to  David

And you stayed at a Holiday Inn, right? 🙂

Sam Watfa
Sam Watfa
3 years ago
Reply to  David

Actually mooktrader has built a bigger reputation and is more renowned than profitsrun. In fact a lot of his followers on twitter seem to claim profitability.
I had been a member in the past – my reason for quitting is the writing on the tin was not the same as the ingredients. His website mentioned a trading school and educational resources yet after paying the only thing i found was a couple of short blog posts that were extremely ambiguous.

When i asked him for more information on his trading methodology his reply was just to spend months in the chat-room (which doesn’t even have a live screen, only text similar to what Emmett highlighted) and that i would eventually get a grasp of how to find the right trades and replicate his results.

Regarding live trades.. Well yes he does call out in advance what he plans to buy but the playbook is so confusing that i feel like a dog chasing it’s tail. For example some trades are intraday, yet sometimes he would carry them over as a swing trade, so the following day it becomes a combination of following orders of the previous day’s trade whilst placing new trades and adding more shares here, removing a few share there yadda yadda and before you know it you feel like you’re in Tokyo’s Shibuya crossing with thousands of people coming and going. Chaos through and through.

What i can say is if he is actually successful, great for him – but i’ll be damned if a person can actually learn something from his website.

Chris
Chris
3 years ago
Reply to  Sam Watfa

I’ve personally traded at the same firm as Hubert in NYC (2003). Back then he was driving a Ferrari… Saw him driving it myself on the Westside Hwy… He’s for real… I’m not going to debate this with anyone so I won’t post again, but I wanted you all to know the truth. Learn to trade by trading…

Goagal
Goagal
3 years ago
Reply to  Chris

I’ve personally traded at the same firm as Hubert in NYC (2003) too. Back then he was driving a Toyota Tercel … Saw him driving it myself on the Westside Hwy… He’s a total fake … I’m not going to debate this with anyone so I won’t post again, but I wanted you all to know the truth. Learn to trade by trading…

See? In the anonymity of the Internet we can all make shit up and claim it’s the truth.
Objective proof is what intelligent people are after, not unverifiable opinions.

Trader
Trader
3 years ago
Reply to  David

Exactly, it’s your preference. I welcome Mook review more as he’s twitter “star” (once caught paper trading by competition scammers IU) while have no clue about proftsrun.
What is needed most is finally a review of options scams.

ChrisTrader1
ChrisTrader1
3 years ago
Reply to  Trader

I’ve been in Mook’s room for over a year now and it works very well for me. I’m not there to mirror his trades and frankly, no trader should ever do that. I highly recommend anyone new to trading to get the proper education beyond technical analysis i.e. learning to read and interpret financials before joining his room. As for Mook’s room, I’m there for his ideas and I’m telling you fellas, his ideas have made me a lot of money. He is great at explaining his trade ideas too. He’s as good as they come when it comes to identifying inefficiencies in the market and those are they type of plays that suit my style. Find your niche and then find the right room. Use these rooms as tool just like any other tool such as an indicator or a scanner, etc. Manage your risk and you’ll make plenty of money in Mook’s room.

dtchurn
dtchurn
3 years ago

So here I am, ending the week profitable. Now enjoying a cool drink (not vendor kool-aid as I no longer attend any trading room) capping off the start of the weekend with a new Emmett review on tradingschools, yayy! Ok, hard to prove fraud, yet hilarious icon header, Faker and bigger! lol. offshoot of CTU’s “fake!”
Never heard of MookTrade. I wonder of those who were duped and sent the complaints to put Mook on the review list did their CFTC inquiries. Did you check out the “About” section of the site Emmett? It says Tsai was at some prop firm called WorldCo from 1996-2002. Maybe TS could have contacted WorldCo to check if Tsai was ever there and verify his claimed capacity and his “success”? The review reminded me of SoT review where Megan was contacted and kept claiming all the trading was “live”. So Mook claims it’s all live with no disclaimer too. Well we know how that went with SoT and the CFTC. On another side hilarious note. Looks like sim busting “danny boy” left his last site hanging and “suspended”. Guess he just ditched them too like all the other refunds, lol.
uniquethinkingtrading.com
davidadamseminiscam.com
The youtube page of mooktrader has the same single video. interesting looking photo. Some old fart laughing presumably at dupes maybe signifying the vendors knows Mook is all a sham joke.
http://www.youtube.com/channel/UC3FbnD2H-gsGA47SNbqOvYA
Thanks for the new review as always.

dtchurn
dtchurn
3 years ago
Reply to  Emmett Moore

Wow, I just report one week of trading success and the flak I get. Well, doesn’t matter as it’s the same AlBrooks loon. http://www.tradingschools.org/reviews/school-trade-sideways-markets-update/#comment-10484
Emmett, if your scam sense of Mook can immediately boil down the Mook stink coming from proptrading in a penny account arcade with fakeasset mannequins lined with the skincare products he hawked than that’s good enough for me.

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