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Veritasfuturestrading.com looks great!

  #91 (permalink)
 
Oriole's Avatar
 Oriole 
Naples FLA
 
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Cloudy View Post
Besides the past history of being a mortgage fraud felon to the tune of tens of millions. It sounds like some reading this thread may not be aware that Amico was the main trading room host working for globaltraderoom back in 2015. He cajoled chat members back then to dole up to over $10k for GTR's worthless trading course. Emmett's review and the comments stopped GTR in it's tracks then, and since GTR has been further exposed by the CFTC.

The 22 page of exposing comments here: https://www.tradingschools.org/reviews/global-trade-room/comment-page-2/

Amico also did a yt video rant for GTR against Emmett's review. The video has long been taken down , but it was hilarious. Reading the comments continuing on for 22 pages on the review comments, one can easily see dupes of the $10k+ course and as of the more recent review it was shown GTR chat room hosting never traded live and was a sim scam. Amico tried to weasal out of the recriminations posting there a lot in reaction to Dr. Nadina, another multi $k course victim as can be seen in the comments.

Amico and Sandy Seaghal soon quit GTR and started "tradingfuturesinaction" claiming they would be transparent and show a live account dom. Then later it seems Amico quit the team and started Veritasfuturestrading. The pretense at showing a live dom has long been dropped, where they probably lost live funds putting on a live demonstration, but now he can just get more victims and continue just faking in sim as usual.

If this is not enough history and exposure warning with the 22 pages of comments of victims lashing back at Amico for selling 10k+ courses in the chat room for Simon Jousef while trading sim, to stay way from this felon's current sim fakery "Veritas" site, then I don't know what is. And yes, Dean Handley was paid vig to include GTR as one of his "titans" also back then.

It's nuts. Thank you for that.

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  #92 (permalink)
 Cloudy 
desert CA
 
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Oriole View Post
It's nuts. Thank you for that.

Your welcome. I edited it late where I'd forgot to post the link to the more recent GTR review and report of the CFTC investigation and subpoena of GTR's supposed brokerage accounts which showed there was never any live trading. Their investigation tracked back the GTR 2014-2016 years of which Amico was head room host in 2015 so by that logic, he never traded on live accounts running trading rooms for GTR either.

The review link and CFTC report and indicting documents: https://www.tradingschools.org/reviews/the-trader-institute-global-trade-room-dr-dean-handley/

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  #93 (permalink)
lightsun47
Toronto, Canada
 
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Are you talking about back then in 2015?

Because he does trade live these days (since at least a few years) clearly showing the DOM with his live trading account whenever and wherever he enters any markets. (He trades like 20 instruments.)

That being said, not a fan of him either not because of his history, but most importantly, whenever he enters the trades:

'C'mon NQ go lower.'

'Ok guys, trade it as you see it fit because this trade may or may not work'.

'Ah! The buyers disappeared after that initial push on the order flow!'

All these negative comments and uncertainty does not make him a good trader as an average person will consider all this to be just a speculation based on order flow. Not actual and factual trading.

Of course, the profit and loss are visible on his DOM. But what's the point if it's just guesses?

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  #94 (permalink)
 Cloudy 
desert CA
 
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It's easy to mockup ninatrader to look like a live account, changing colors, even some tricks behind the scenes so that it's actually a sim account even pretending to be live. Regardless, there had been more recent comments on tradingschools about veritas where members last year are saying he (Amico) only shows the dom for a few occasional demo times as the usual "carrot stick", and gets testy when others ask him to put up the dom again, so who or what to believe? why still give benefit of the doubt again and again when it's been so failed before and GTR made over a million in course sales and chat room fees(by Amico as chief sales manager also) during that 2015 period. Anyway, newcomers can do what they want, eventually everyone learns how much of a typical scam they are like many others out there, and one will never learn to be consistent following these snakeoils and felons still owing restitution to prior victims.

"From 2014 to 2016, Simon Jousef sold 300 consumers a total of $1,300,000 in live trading room subscriptions and magical magnet trading indicators." , "That Simon Jousef claimed to be trading “live.” Yet, the CFTC discovered that he never even had a trading account."
-> https://www.tradingschools.org/reviews/the-trader-institute-global-trade-room-dr-dean-handley/

"Hypothetical" disclaimer on the veritas site:

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  #95 (permalink)
lightsun47
Toronto, Canada
 
Posts: 357 since May 2018
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Cloudy View Post
It's easy to mockup ninatrader to look like a live account, changing colors, even some tricks behind the scenes so that it's actually a sim account even pretending to be live. Regardless, there had been more recent comments on tradingschools about veritas where members last year are saying he (Amico) only shows the dom for a few occasional demo times as the usual "carrot stick", and gets testy when others ask him to put up the dom again, so who or what to believe? why still give benefit of the doubt again and again when it's been so failed before and GTR made over a million in course sales and chat room fees(by Amico as chief sales manager also) during that 2015 period. Anyway, newcomers can do what they want, eventually everyone learns how much of a typical scam they are like many others out there, and one will never learn to be consistent following these snakeoils and felons still owing restitution to prior victims.

"From 2014 to 2016, Simon Jousef sold 300 consumers a total of $1,300,000 in live trading room subscriptions and magical magnet trading indicators." , "That Simon Jousef claimed to be trading “live.” Yet, the CFTC discovered that he never even had a trading account."
-> https://www.tradingschools.org/reviews/the-trader-institute-global-trade-room-dr-dean-handley/

"Hypothetical" disclaimer on the veritas site:

It's easy to change colors on the DOM, but is it easy to show the trading account in the same DOM as well? Because he used to show the DOM WITH the account (not blurred or SIM).

Not defending him or anything, but just curious. Thanks.

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  #96 (permalink)
 Cloudy 
desert CA
 
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lightsun47 View Post
It's easy to change colors on the DOM, but is it easy to show the trading account in the same DOM as well? Because he used to show the DOM WITH the account (not blurred or SIM).

Not defending him or anything, but just curious. Thanks.

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Sure, it's been done before with background configuration of NT, where one can change what appears in the text in the dom representing an account even if it was a sim feed. I recall seeing an example years ago using nt7 dom . I don't have nt8, but I would assume if NT can be modded or added on to with 3rd party products such as bookmap or jigsaw, a coder with knowledge of nt's internals and addon dev capabilities could mock up a dom showing a "live" looking account name for a fake sim feed for a vendor.

Alternatively, a scam vendor can also have a dummy live account to use occasionally for the carrot stick show, and accept some limited losses that are glossed over or never truly lined up with supposed posted website or email spam ad results when only provable by confirmed broker confirmation. (or subpoena of broker account results by the CFTC or some other legal authority). Because the fees, sales, and subs of fooled newcomers far outweigh in profit "live" performance if any. (usually none by most all of these "hypothetical" disclaimer trading rooms). They have a myriad of tricks and their hired coders can and continue to develop new ones.

And Amico had already helped Simon Jousef amass over a million in sales selling expensive ($7k to $10k+) sub or "education" material in the 2014-15 period investigated by the CFTC which also subpoenaed brokers related to the case, proving GTR had no live trading at all during Amico's invovlement. It was all foolery traderoom. (https://www.tradingschools.org/reviews/the-trader-institute-global-trade-room-dr-dean-handley/)

https://www.tradingschools.org/reviews/global-trade-room/comment-page-2/


EDIT: Just looked at the veritas site. Now it basically says SIM trades "demonstrated" on the dom. -> And supposed "carbon-based", "silicon-based" sim trading for "track records" obfuscation and distraction. So it confirms recent comments and complaints on tradingschools last year by veritas room members that the dom or anything live is hardly shown. Now it looks like the dom is coming back but mainly in sim. So it's the second type of vendor trickery strategy , which is use of a small dummy-account of occasional sacrificial live trades for the carrot-stick purpose , while the rest of the time is sim and the ongoing email spam ads are full of trading "winners" alerts and supposed profitable bot performance.

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  #97 (permalink)
 jmh13 
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Ex crook or whatever his Bot and trading systems works 70-75 % of the time like many others. Trade management is the key.

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  #98 (permalink)
 Cloudy 
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jmh13 View Post
Ex crook or whatever his Bot and trading systems works 70-75 % of the time like many others. Trade management is the key.

A sim backtest, or sim period often looks good enough in that range. I'd doubt Veritas or Amico has much of a significant forward live testing record.

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  #99 (permalink)
 jmh13 
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Does the 30-35 % that it doesn't work consume your profits? Only your trade management will prove it.

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  #100 (permalink)
 jmh13 
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Cloudy View Post
A sim backtest, or sim period often looks good enough in that range. I'd doubt Veritas or Amico has much of a significant forward live testing record.


What he posts is suspect. He posts winners and doesn't post losers like all other stuff sellers.

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