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Puretick (puretick.com now puretick.co also Market Dancer marketdancer.com)

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  #1 (permalink)
 Ben16JP2 
New York, United States
 
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I see that Pure Tick has a track record of over 89% winning trades, according to their website.

If anyone who has been, or currently with pure tick please give a review.

Questions I would like to know:

Are entry prices called in advance?
Are stop placements called before or after a trade?
How are profit targets determined?

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  #3 (permalink)
 Family Trader 
Palm Beach County
 
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Ben16JP2 View Post
I see that Pure Tick has a track record of over 89% winning trades, according to their website.

If anyone who has been, or currently with pure tick please give a review.

Only 89%!!!

Lock them up if they go to 88% or lower...


NiN

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  #4 (permalink)
 drytlewski322 
Fort Lauderdale Florida
 
Experience: Intermediate
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I spent some time in the room, actually under two different ID's at two separate times too take advantage of the $29.00 offer

You will find that their is tons of talking by the moderator, it is annoying. But back to the track record, it claims to have that, I did see quite a few winning trades, but the loses are there as well, just not talked about as much.

You will find you can never match or come close to his calls, their are times they are in, and then no one knows or no call is made, and by the time they do say something, they are scaling out.

Kinda of like, "Did you guys all catch that?" WTF? you just said there was no set up, or it was a poor set up, then all the sudden it is a 30 Tick winner.

Try for yourself, but the best way to to learn and never rely on one to give you the calls. There are a few good rooms out there, but you still must use your best judgement and discretion on the calls.

In my opinion, It was not for me, they take in the newbies and sell them a bunch of indicators, mentoring ect. You may find it suits you.


I remember when I first inquired, they hit me with relentless emails of marketing, never a good sign. Then when you reply to one of those emails (they make the email seem it is right from a trainer, who has your best interest at heart, bit is is all automated) they always say call the 800 number and anyone can help you. When I did that, I got the run around on answers by a phone admin. and never a strait answer. They also use affiliate marketing to promote, Once again is why I stayed away. I did do two trials just to be sure and investigate, and I was right, it was just not for me.

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  #5 (permalink)
 Family Trader 
Palm Beach County
 
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This outfit,Puretick, has a notorious reputation and not really worth of further discussion on this forum.

By legal definition...charlatans.

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  #6 (permalink)
 monpere 
Bala, PA, USA
 
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They add to losers. I stay away from any day trading system that adds to losers, because the amount loss on trades that lose are huge compared to the amount on trades that win. So you can have 90% win rate, but if you loose 2 or 3 times as much on every loser, then that win rate becomes less impressive. Win rate is misleading, and that is why they advertise it. What matters is expectancy. There are plenty of traders making tons of money with a 40% win rate, they have more small losers, but big winners.

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  #7 (permalink)
 booker777 
Augusta, GA
 
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I concur with the feedback on this room. I took a trial with them and i found it very difficult to keep up with the moderator, the way he trades. There is an alert system in the room but you cannot wait for that to take the trade or you will likely miss the move imo. I never showed the same results at all so their performance is definately misleading. I know this is par for the course but some posted peformances are in the ballpark not this one. He also doesnt take questions well. He often chastizes newbies who either question the trades or just don't understand his methodology. Not an endearing trait imo.

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  #8 (permalink)
 toulouse-lautrec 
Europe
 
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be sure to use a prepaid CC or similar when you take the trial. They make it extremely hard to cancel out of the trial, demanding you to give them a call to a phone number which nobody ever picks up.

The calls are confusing. Stay away.

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  #9 (permalink)
 rtrade 
Paradise, USA
 
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toulouse-lautrec View Post
...They make it extremely hard to cancel out of the trial, demanding you to give them a call to a phone number which nobody ever picks up....


Clearly these are red flags indicating they are CHARLATAN TRADERS!

"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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  #10 (permalink)
 jagui 
Italy - Roma
 
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I had to disable my credit card to unsubscribe... back in 2003 or so...

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  #11 (permalink)
 tamerrashdan 
New York
 
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I tried their room twice
Target is 7 points and stop loss is 21 points, YM moves like crazy and it's impossible to get the fill price Alex claims he got, of course he's not even trading live, not even in SIM
One day he called 2 bad short trades with full 21 point stops, and guess what, no mention of these 2 trades in the track record
Alex uses stochastics a lot, and as you all know if stochastics work even 50% of the time, we would all have been millionaires by now
The track record is simply science fiction
I remember he had something like a hedge fund that he was supposed to trade himself with Al Green raising the funds for it
I think it tanked so badly, they had to close it, if he can't trade real money, then.....

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  #12 (permalink)
 trader2 
Berlin,Berlin
 
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Definitely nothing for 1 lot - trader`s.

There is a buzzer that has delay of 5 seconds at least, so even if it was a good call you missed it.

If they trade real money, this is with a big account and much scaling in and out, working cost basis.
And this thing they do not teach in the daily chatroom.
This is an extra service that you have to extra-pay, and that is a phone call. They call it "money-management". What I do not like about that company is that they take money from each client for every extra service such as "money management" or other services. This should be covered in the daily chatroom which is $350 a month plus hotcomm fees.
You have to understand the YM from a hedging perspective ( and I never understood that, honestly)
in YM other traders hedge positions - the more it goes down the more people scale in and vice versa...

go to GOMI from Paris here on the forum, learn everything about cumulative delta and download his free GomCD indicator, apply it for YM, and see that in YM traders are buying into falling prices (and vice versa) Divergences! You see that in the GomCD values. I did that for some time, and I think I now understand what Alex from puretick is talking about. He claims to "read the tape" and see the buyers and sellers and the levels.
He calls himself a "card holder" like in poker - he knows which person holds which cards...
Unfortunately he wants additional 7500 $ for one week of personal coaching... and there you learn everything and then you are a master trader... these are his promises and they might be true. I did not try that. I do not have that $ 7500 and if I had, I would give it to another coach than Alex of puretick...

When I watch cumulative delta which is free (thank you, GOMI!) I see that Alex might scale in every time he sees buyers on the tape, and he uses pivot points, yesterday`s low etc. . He looks for divergences between price and delta and he uses some indicators for that. In his daily room he is not able to teach what he trades. I tried to find out if he hides something, but I think that he is just a miserable teacher. He is just not able to explain his method. He talks a lot about technical analysis tools and he yells at room members when they ask "stupid questions". You shall follow an EMA 89 on an 89 tick chart, but no problem to change that to a 133 tick chart because of... (I forgot the reason)

I tried about 9 months to understand what he does.
I do not have the impression that he is not a trader.
He wants to be sure that he has always enough money to pay everything. He does marketing. He has an office.
He might even trade. In fact I believe that he trades his own account.
But it is much about scaling in and out, and that does not match with the 1 lot-trader who wants a trading call and a buzzer and after some minutes a nice winner.

If you are looking for a trading call service I do not recommend them.

If you are looking for a personal trading coach - there might be cheaper ones, but that is personal.
You will not learn to trade in their daily chatroom that is 350 $ a month.

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  #13 (permalink)
 JonnyBoy 
Market Wizard
Montreal, Quebec
 
Experience: Advanced
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I have already posted about my experience with Emini Trading School and so I thought I would trawl though the forum and try to find reviews/comments on all of the trading rooms I have been involved with and give my thoughts.

I had a 4 month stint with Puretick in 2010. Alex is certainly a character but don't for one minute believe his track record. That very well might be 'his' track record (questionable) but it certainly isn't the 'rooms'. I was absolutely explicit about entering when the buzzer sounded but his entry point was way, way earlier every single time, front running his own room in the process of course.

Yes, I understand in the fast paced world of the mini YM it would be impossible without some slippage, but seriously I am entering when he is taking his first 7 points of profit. No prior analysis of where he might enter, what he is looking for in an entry.

He adjusts his track record to suit what he thinks were his entries and exits. I know this because I took notes of the chat in the room and asked every time where he got in. Sometimes he didn't answer but for the ones he did, it didn't match the track record posted the next day. On every occasion.

He reads charts and talks shop very well. Educational it isn't but you can always get a one-on-one phone call with him or a designated other... for big money of course!

If you want people to believe your results, trade showing your DOM. Prove you are in a trade. Surely that isn't too difficult, is it?

The ES room was a shambles. I don't know if that has changed since I was there but it was run by 2 moderators cross chatting all the time. On a number of occasions they had 7 to 8 losing trades in a row. Yes, again this happens but if they were not just 'blind' entries (as we were led to believe) I want analysis of what happened. What went wrong with our analysis? Why was our entry wrong? They could never, ever answer with good enough clarity IMHO.

A trading room is no quick fix and can be a cool place to hang out but please, please do your due diligence before paying out month after month for a service that ultimately will blow up your account.

Avoid Puretick.

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  #14 (permalink)
 TraderTed 
Hamburg + Germany
 
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The track record is not real in a 1:1 way. As far as I understood Alex is trading with big variance in contract size.

On some rare occasions he trades between 20 to 30 contracts. That is 1 to 3 times every 2 days, when there is really good opportunity.

But than he does 10 - 15 trades per day with 1-5 contracts and often completely on a simulator.

His own money is made with those rare big trades. He scales out very quickly. So on a big trend day, he will scalp with the first half of his position and slowly scale out with the rest one by one. So he will catch the big moves and scalp as well.

On none trending days he will scalp all, and trade much lesser size anyhow.

The Pure Tick Track Record now is an artifical construct of what he would have made using a two part position on every trade he did. Scaling half out at 7 ticks and the rest on the last part he covered in reality.

So in fact Alex is a 2 trades a day type of guy, which is ok with me, but he plays around now and does 10 more trades for his members. These will not hurt him, when they go wrong because of the small size.

He for example often calls counter trend trades, but the guys who take his private coaching are not allowed to take these counter trend trades. (That is of course, because he knows that they will loose money over time.) He once told, that some of his customers in the room demand counter trend trades, and so he delivers them to satisfy them. I do not like this attitude at all.

Also it is not possible to know in advance when Alex trades big. Most of the time he will tell you only when his big position is already half or two third off the table.

So if anyone wants to try Puretick out, you should read carefully all info on their members side and trade at least some weeks on sim. You have to figure out, at which times Alex is trading big and only try to get along on these trades. And never countertrend trade along with him, or when he is only going with 1 or 2 contracts.

So you will have to figure out the market and on top you will have to figure out Alex !!! Not an easy task!

At last some positive stuff about Puretick. Alex is very entertaining and fun to listen to over the time of the day. He will joke around and even sings from time to time.

...and you can definitely learn some things about the markets, that are not easy to find elsewhere. How to interpret NYSE Tick and ADV/DECL in real time or how to anticipate trading range days etc.

You can learn some things for sure, but you cannot mirror that track record! It is just to lure in more customers.

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  #15 (permalink)
 tradermark2009 
Concord, CA
 
Experience: Intermediate
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Trader Ted, I think you have stated everything that I would have said.....I saw the same thing....For 2 months a few years ago I was unable to duplicate his trades. I just found his trades calls to be really inconsistant and at the time his room was 349 per month. I felt I was more or less fighting with how his calls that were being made, then staying true to price action.

He uses his own software that I purchased, on eSignal which was costly....software calculates a point system based on using market internals, and setting it to a probability to trade success as he called it. I actually figure out the code, and it is useful. He uses the 89, now I think 133 EMA for trade direction. Stops a 15 ticks, exits are 7,11,13. Also uses STO 14.3.3, on does not trades against 3 min STO setting.

What killed me is that he called his trade entries less then 50% of the time, and rarely ahead of his so-called room called entry. I just felt he front ran the room, then called a trade that help him get a volume push at times. To me he was dishonest and for a cost of 349.00 a waste. But, that was me....today I trade using more S and R, and relying on higher time frames vs. market internals.


TraderTed View Post
The track record is not real in a 1:1 way. As far as I understood Alex is trading with big variance in contract size.

On some rare occasions he trades between 20 to 30 contracts. That is 1 to 3 times every 2 days, when there is really good opportunity.

But than he does 10 - 15 trades per day with 1-5 contracts and often completely on a simulator.

His own money is made with those rare big trades. He scales out very quickly. So on a big trend day, he will scalp with the first half of his position and slowly scale out with the rest one by one. So he will catch the big moves and scalp as well.

On none trending days he will scalp all, and trade much lesser size anyhow.

The Pure Tick Track Record now is an artifical construct of what he would have made using a two part position on every trade he did. Scaling half out at 7 ticks and the rest on the last part he covered in reality.

So in fact Alex is a 2 trades a day type of guy, which is ok with me, but he plays around now and does 10 more trades for his members. These will not hurt him, when they go wrong because of the small size.

He for example often calls counter trend trades, but the guys who take his private coaching are not allowed to take these counter trend trades. (That is of course, because he knows that they will loose money over time.) He once told, that some of his customers in the room demand counter trend trades, and so he delivers them to satisfy them. I do not like this attitude at all.

Also it is not possible to know in advance when Alex trades big. Most of the time he will tell you only when his big position is already half or two third off the table.

So if anyone wants to try Puretick out, you should read carefully all info on their members side and trade at least some weeks on sim. You have to figure out, at which times Alex is trading big and only try to get along on these trades. And never countertrend trade along with him, or when he is only going with 1 or 2 contracts.

So you will have to figure out the market and on top you will have to figure out Alex !!! Not an easy task!

At last some positive stuff about Puretick. Alex is very entertaining and fun to listen to over the time of the day. He will joke around and even sings from time to time.

...and you can definitely learn some things about the markets, that are not easy to find elsewhere. How to interpret NYSE Tick and ADV/DECL in real time or how to anticipate trading range days etc.

You can learn some things for sure, but you cannot mirror that track record! It is just to lure in more customers.


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  #16 (permalink)
 treydog999 
seoul, Korea
 
Experience: Intermediate
Platform: Multicharts
Broker: CQG, DTN IQfeed
Trading: YM 6E
 
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Here is a screenshot of one of the room leaders, Reven. He leads the ES room that he trades simulator. Both DOMs as well as the entire platform are on simulator mode. I posted this late because I wanted to make sure I canceled my account before i did. Although this was taken less than 1 week ago. I cant speak for Alex, as i dont have the concrete proof. But this just goes to show simulators are used by their instructors. YMMV

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 tamerrashdan 
New York
 
Experience: Beginner
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Broker: AMP/CQG
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I guess you canceled which means the posted performance on the website is pure fiction

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  #18 (permalink)
 treydog999 
seoul, Korea
 
Experience: Intermediate
Platform: Multicharts
Broker: CQG, DTN IQfeed
Trading: YM 6E
 
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tamerrashdan View Post
I guess you canceled which means the posted performance on the website is pure fiction

Yes, I had written down every call at Alex's price when he stated it. He doesn't say it until several minutes into the trade, my guess is to shade it in his favor. I was in the YM room and the record did not match what i had written down myself. Nor the results that i was able to obtain trading at the moment of the buzzer or at the price he told the room to get filled at. Everything about that place is pure fiction, except the bill at the end of the month.

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 tamerrashdan 
New York
 
Experience: Beginner
Platform: NT
Broker: AMP/CQG
Trading: ES
 
Posts: 124 since Oct 2011
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Amazing how they still can operate and defraud people and get new victims
I guess if any new trader google their name he would end up reading this thread
I'm thinking of opening my own trade room at half their price and my performance will match their real performance if not better
At least I'll be honest about my failure as a trader

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  #20 (permalink)
 JonnyBoy 
Market Wizard
Montreal, Quebec
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Kinetick
Trading: ES
 
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treydog999 View Post
Yes, I had written down every call at Alex's price when he stated it. He doesn't say it until several minutes into the trade, my guess is to shade it in his favor. I was in the YM room and the record did not match what i had written down myself. Nor the results that i was able to obtain trading at the moment of the buzzer or at the price he told the room to get filled at. Everything about that place is pure fiction, except the bill at the end of the month.

I don't know how they get away with it. Alex has his 'cult' followers who defend him (and his results) to the hilt whenever he has been bashed on other online forums, but I like many others kept a very accurate log of trades and they were not even close. In some cases when trades appeared in the log the next day, I thought J.K Rowling must have been writing it for them. Pure fantasy.

I don't know how many regulars they have in the room, but even with 100 people that is nearly 45k of income per month alone. And I am sure they have well over 100.

Whomever has just Googled for Puretick reviews, I hope you read this thread.

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  #21 (permalink)
 Zondor 
Portland Oregon, United States
 
Experience: Beginner
Platform: Ninjatrader®
Broker: CQG, Kinetick
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The histogram plot of their "Number One's Cyclone (Enhanced Stochastics)®" appears to be the Fisher Transform of the %K line of the Stochastics.

And the line plot is the INVERSE Fisher Transform of the %K Stochastics. These transforms were first applied to trading by John Ehlers and are widely known.

Here is a more reasonably priced version of Fisher Transform of %K:



You can be pretty sure that my version will use a lot less CPU resources than theirs does, until they get around to copying my code.

Number One's PT Order Flow® looks like Gom Up and Down Volume but would have to be based on UpDownTick not Bid Ask because TradeStation® does not have BidAsk data (Alex LOVES TradeStation®, using it confers an aura of professionalism) and they would not be using the GomRecorder for their proprietary indicators.. (would they?).

There can never be any doubt who Number One is in the Puretick universe. There have been rumblings of discontent there for quite some time, but any personality cult will have appeal to some.

Puretick has gotten much bigger over the last few years. I wonder what happened to Alex's original sidekick, CajunSniper, who kept a low profile but actually sounded very intelligent the few times he was heard in the Trading Room.

Disclosure: This weekend I have been watching some documentaries about North Korea on You Tube.

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  #22 (permalink)
 JonnyBoy 
Market Wizard
Montreal, Quebec
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Kinetick
Trading: ES
 
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Zondor View Post

Puretick has gotten much bigger over the last few years. I wonder what happened to Alex's original sidekick, CajunSniper, who kept a low profile but actually sounded very intelligent the few times he was heard in the Trading Room.

Indeed. It was CajunSniper whom defended Alex to the hilt at every turn. I have been away from Puretick for so long I don't know what the situation is there now.

I hope and pray people wise up to Puretick.

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  #23 (permalink)
 TraderTed 
Hamburg + Germany
 
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JonnyBoy View Post
Indeed. It was CajunSniper whom defended Alex to the hilt at every turn. I have been away from Puretick for so long I don't know what the situation is there now.

Cajun is still around. But he keeps as you said a very low profile. He does not call any entries or exit.

In Alex room there is on guy called Stretch who is very active and seems to even outtrade Alex. But again, he starts with many contracts and scales out one by one.

So if the market is trending you see him scaling out and get the impression that this guy catches every bit of movement. But he never calls something like "stopped out with the full position!".

They always praise their wins but the losses happen on the side without much talking about.

In general Alex is very much fixated on being right instead of making lot´s of money. With a general stopp loss of 20 - 25 ticks and taking half of the position at 7 - 10 ticks he needs his 89 % win rate to at least make a little bit of money, because the loosers eat up all the little winners.

There where often situations, where he got very angry, when somebody tried to talk about loosing trades. Even if just to review them to learn from the mistake. Alex yelled that he does not want to think about loosing trades, because this would mess up his psychology. (And of course it scares away newbie customers.)

Alex is all about having such a high winning percentage, he claims to be the best trader in the world. "Not the richest...but the best!".

By the way this is thing with Number One: "Number One" is Louis Borcelino. Who is one of the biggest locals in the SP500 pit in Chicago. Ben the moderator of "Traders Audio", which Alex is listening to while trading , often talks about what "Number One" (Borcelino) is doing in the pit (bying or selling etc.).
So Alex is joking in his room, that Borcelino is in fact number two, because he (Alex) is the real number one.
Now it seems that this joke gets more and more real thinking, because he names the new indicators after it.

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  #24 (permalink)
 ElectricWiz 
Chicago
 
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PURETICK is a scam. The owner simply uses psychological games to convince the members that he is a real trader. HE GETS RICH WITH YOUR MONEY!!!......
I speak from experience as I was a member for a few months. Take it from me, many of these TRADE GURU rooms are just ways of stealing money from new traders.

Any Questions just ask me,
Wiz

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  #25 (permalink)
 josh 
Legendary Market Wizard
Georgia, US
 
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This is not a review, but I could not resist posting. Over at ET there is a thread about Don Miller that I stumbled upon, and the "Co-Founder and Head Trader," Alex Wasilewski, posts numerous times on the thread and uses some of the most foul language (it is ET after all) I've ever seen. It's like a bunch of babies having an argument; any real professional would shrug it off and get lost, but it's clear that he has some serious issues. I have no experience with PureTick nor any other vendors, but in case anyone was reading this seriously considering PureTick, I recommend a read of the thread on ET I'm referencing, to see the kind of behavior of the person you would potentially be doing business with. Shocking and laughable. I normally don't post in this section, but I thought it best to issue a warning for any potential customer.

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  #26 (permalink)
 trader2 
Berlin,Berlin
 
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I was just bounced out of their presentation this evening/afternoon.
This is my copy of the discussion in the chat:

00:30:04 {prospero:AlexLW<EN>} there is always a person who can not follow the trades
00:30:19 {prospero:AlexLW<EN>} today one trader lost money
00:30:25 {prospero:guest} stop that, Alex!!
00:30:28 {prospero:AlexLW<EN>} we called a long on the open
00:30:34 {prospero:AlexLW<EN>} he kept shorting
00:30:40 {prospero:AlexLW<EN>} we can not control what one person does
00:30:45 {prospero:guest} nobody csan follow you
00:31:03 {prospero:Cathy_OTCSupport<EN>} hahahaha you ALL behave, it's been such a great hour, don't make me eat those words!
00:31:10 {prospero:Steve_(1)<EN>} do you teach how to identify those hot zones?
00:31:11 {prospero:Stretch<EN>} Hehe
00:31:24 {prospero:Cathy_OTCSupport<EN>} § As we approach the hour mark, our sincerest thanks to the whole team at PureTick.com | Live! Real Time Futures Day Trading Alerts! Trade Calls Along With Us! - PureTick offers LIVE profitable day trading alerts and a foundation to learn more about trading for a living. (Reven, Alex, Tanya, Cajun, Sandra) and of course, our host, Ray Phister, professional trader, educator & mentor of the new PureTick.com | Live! Real Time Futures Day Trading Alerts! Trade Calls Along With Us! - PureTick offers LIVE profitable day trading alerts and a foundation to learn more about trading for a living. ES-CL II live Traderoom! <><>Please see: CL-ES II - PureTick.com | Live! Real Time Futures Day Trading Alerts! Trade Calls Along With Us! to get room details! Additional questions direct to Tanya@Puretick.com to enroll with the discount! Thank YOU all for your time in attending too! WE appreciate you - every one of you!!
00:31:39 {prospero:AlexLW<EN>} 11:10:10 {Turd Ferguson} Down this am $1,000 and now up 43,200
11:10:16 {Snagglepuss} after sitting out runup
11:10:19 {Turd Ferguson} $3,200
11:10:25 {Turd Ferguson} oops
00:31:41 {prospero:NJ<EN><EN>} do you trade a LIVE or SIM account in the room?
00:31:46 {prospero:AlexLW<EN>} Turd was able to follow today
00:31:53 {prospero:AlexLW<EN>} 3 of our traders had their best day every
00:32:05 {prospero:AlexLW<EN>} ever
00:32:09 {prospero:AlexLW<EN>} i know
00:32:14 {prospero:MrGambino} live or sim
00:32:16 {prospero:AlexLW<EN>} and
00:32:17 {prospero:NJ-BOT4<EN>} 5/23/2013 (Private): You have been disconnected by room's moderator!
00:32:17 {prospero:NJ-BOT4} Disconnected 5/23/2013.


I disturbed their great discussion of course. I told everybody that nobody can follow Alex. That is the truth.
To be honest:
I think that Ray might be really good.
He might be not honest about where he learned his great stuff. I learned the exact great stuff from Christopher Koozekanani (https://www.fulcrumtraders.com/ which is now owned by his student Brian Gardner) and it is not complicated - you do not need an expensive room fee.
Christopher did some great webinars here on BigMike`s. Watch that please. It is really good and keeps you away from monthly room fees.
Of course I cannot assure that Ray(puretick room moderator) got his order flow stuff from Chris. But it sounds similar...
Ray might be the first really great teacher at puretick...
what he presented sounded really good...
but puretick always wants to have clients that are DEPENDED to puretick - so you "never" get the last "secret" from them that makes you an independent trader!!!

What you have to be careful about:
Do not watch too much what other people are doing!!
You can never follow another person`s trade entries!!!!!!!!!!!!!!!!
That is just not possible.

You have to understand what you are doing.
Do not follow.

Free stuff does not help you!
Understand that, please!

Learn a method!
Do not copy! You will lose!

Puretick is looking for stupid followers that just want to copy trades. That is their business - although they tell you another story than I do.
They make those followers ridiculous - as that short dialog from the presentation is showing -
haha: How funny is that person that is all the time against Alex`calls!

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  #27 (permalink)
 TraderTed 
Hamburg + Germany
 
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I would really like to hear something from those people who visited Alex for a mentorship.
In the time while I was in the room, several people did this. They paid thousands of dollars + traveling expenses, to trade alongside of Alex for a week and get special training.

It would be interesting to hear from these people, what their impression was.
  • Did they learn something important, which is not taught and / or cannot witnessed in the room, which would be worth the money ?
  • Did the mentorship help them to become successful profitable traders?

For example at about the time I was in the room a female trader called Sandra started there as well. She was even kicked out of the room by Alex on 2 different occasions, because of similar arguments as mentioned in the previous post above.
Later I found in another forum on the internet a thread about puretick, in which she (Sandra) commented positively that she did a paid consulting with Alex via Skype and after that she now would understand the method etc. what she did wrong etc..

About a couple of weeks later I witnessed, while being still in the room, that Sandra had traveled to Florida (from another country) to even take the big and very expensive mentorship with Alex !!!

So I really would love to hear something about that kind of experience....

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  #28 (permalink)
 JonnyBoy 
Market Wizard
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When I was in the room, he supposedly had a student sitting with him for a week. But who knows if that was true.

I remember Alex once said a room member (White Rabbit I think, but this was back in 2010) did a private mentorship with him, and started on a balance of $5,000. I think this is another shill to try and get people to trust him.

Puretick is a disgrace. I hope and pray people find this thread in a Google search.

If I was a successful trader with an 89% success rate, I wouldn't have the time or inclination to have a trading room. If I was a bad trader with just enough chat to be convincing I sure as hell would. That is Alex.

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  #29 (permalink)
Pedro40
Pittsburgh, Pennsylvania
 
 
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JonnyBoy View Post
If I was a successful trader with an 89% success rate, I wouldn't have the time or inclination to have a trading room.

Come on, for 45K extra, why wouldn't you have a room? You are trading anyway.... Not defending pureshit, but there is a perfectly legit reason to run a trading room, it is called extra income...

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  #30 (permalink)
 JonnyBoy 
Market Wizard
Montreal, Quebec
 
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Pedro40 View Post
Come on, for 45K extra, why wouldn't you have a room? You are trading anyway.... Not defending pureshit, but there is a perfectly legit reason to run a trading room, it is called extra income...

If your success rate as a trader was 89% as claimed on Puretick, you wouldn't need extra income.

I am glad we both agree on Pureshit tho!

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  #31 (permalink)
 Jaba 
Austin TX
 
Experience: Intermediate
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I took a trial with PureTick when they still were on HotComm in 2008. I used Paypal for the trial because I heard some people had difficulties cancelling.

At the beginning I had good impression of the room, as Alex tried to apply some logic to the markets, and do some pre-market preparation. I didn't know any better. That impression didn't last very long. They were using a buzzer sound to alert people of the trades, which was delayed quite a few seconds. By the time you hear the sound the guy is already 10 ticks in the trade, or so he says. The calls were all over the place, and misleading. Alex would issue a call that goes like "we have a short coming up", then the buzzer would sound, then I would take the short, it was the bottom, and I would take a 20 point hit (on YM). When I tried to ask what the heck was going on, his answer was that I should stop complaining and shop for the best price. Sometimes he would call a possible long, then a few minutes later he'd be like "what an amazing short we just took", hmm, hello?

They used to post their track record on the website, not sure it is still there, I don't wanna look, lol. It wasn't always accurate, to say the least.

The standard answer to any question from anybody in the room was "give it time to sink in". To sink what in? Where can I find the rules? "Oh the rules are in the forum". Ok I'm on trial, I dont have access to the forum. Alex why are you entering this trade here? "Oh, this is what we call a turnpike trade" , meaning run for your life.

What pissed me off for real were bad jokes he was making about members who ask questions. Some of them were terminated because they complained about the BS. He was calling somebody named "Susan", a "Suzy the Pig", "Piggy", making some animal noises, etc... Very unprofessional.

I stayed for over a month as they didn't change the room password, but I couldn't follow his trades, or make any money, so that was it.

All the best to him
J

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  #32 (permalink)
 danathetrader 
California united states
 
Experience: Intermediate
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I was in the ES room for over a year. 2012 I bought there package for $2995.00 gives you a reduced room per month fee and a bunch of trading rules and such. I just received an e-mail today that they have a new website. when I went to it two of the moderators Raven Wood And Ray Phister where not on it. NO ES room at all. Raven was the sole moderator for the ES room. I could not follow the trade calls live, hot com 2 second delay. I got all the losers and very few of the winners. I believe the YM room with the owner Alex Wasilewski is the best room. he has less rules and stays focused on the big picture. I did not want to trade the YM because of trading cost fee vs Tick amount. in retro spec I should of taking a look at his room. he is a basic 15 min 3min 133 tick chart trader with 89 ema and 50 sma with 200 sma. they track daily pivots and the 30 min opening range. I paid $250.00 to be mentored by Raven on the phone and he basically said if I am not constantly making money go back and take 5000 sim trades to learn how and train my brain. I got tired of hearing them tell all of us to go back and sim trade for 5000 trades. it seems to be his answer on how to become a winning trader. I will say he was a hard worker and trader, he did try to make the room a teaching room. but with out a written plan. (mine came from Alex and was for the YM.) got my money worth....? I could not make it work.... you can contact me by e-mail if that is allowed on this site. Dana

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  #33 (permalink)
 treydog999 
seoul, Korea
 
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danathetrader View Post
I was in the ES room for over a year. 2012 I bought there package for $2995.00 gives you a reduced room per month fee and a bunch of trading rules and such. I just received an e-mail today that they have a new website. when I went to it two of the moderators Raven Wood And Ray Phister where not on it. NO ES room at all. Raven was the sole moderator for the ES room. I could not follow the trade calls live, hot com 2 second delay. I got all the losers and very few of the winners. I believe the YM room with the owner Alex Wasilewski is the best room. he has less rules and stays focused on the big picture. I did not want to trade the YM because of trading cost fee vs Tick amount. in retro spec I should of taking a look at his room. he is a basic 15 min 3min 133 tick chart trader with 89 ema and 50 sma with 200 sma. they track daily pivots and the 30 min opening range. I paid $250.00 to be mentored by Raven on the phone and he basically said if I am not constantly making money go back and take 5000 sim trades to learn how and train my brain. I got tired of hearing them tell all of us to go back and sim trade for 5000 trades. it seems to be his answer on how to become a winning trader. I will say he was a hard worker and trader, he did try to make the room a teaching room. but with out a written plan. (mine came from Alex and was for the YM.) got my money worth....? I could not make it work.... you can contact me by e-mail if that is allowed on this site. Dana

I was in Alex's YM room and its not any better. Trust me there is no way to follow their calls. I have a picture of ravens screen which shows he only trades SIM. post #16 in this thread. I believe Alex does too. I wrote down every call he made for a month and there were no trades crossing my time&sales at that price and time. Or they were already well into profit and could have only been filled minutes before he actually 'buzzed'. IMHO its all a load of BS and just walk. I wish i could prove that Alex only traded SIM also but he never shared the wrong screen

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  #34 (permalink)
 tamerrashdan 
New York
 
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If the ES room were so successful, why did they eliminate it!!!!
I guess they didn't have enough money to renew domain registration for https://www.hugedomains.com/domain_profile.cfm?d=puretick&e=com so they registered https://www.puretick.co!!!!

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  #35 (permalink)
 Greatwest1 
Nelson, B.C. , Canada
 
Experience: Intermediate
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JonnyBoy View Post
Indeed. It was CajunSniper whom defended Alex to the hilt at every turn. I have been away from Puretick for so long I don't know what the situation is there now.

I hope and pray people wise up to Puretick.

Hi all from Canada,
CajunSniper - is really Geoff , Alex's co-founder of Puretick.com !!!
Yes, Geoff is nice, and the computer guy in the outfit, he and Alex met at another trading site years ago.
Reven- runs or used to run the ES room.
Alex, and Reven - are loud traders, lots of yahoo's and chatter, but definitely not Coaches or helpful traders.
I was in the room years ago for about 10 months.
*
Alex- has big stops, enters before he says , and is a very weak-minded person overall. He can't take
any criticism - a BIG sign of someone who wants to be called a SuperTrader, but knows he isn't.
I defended these guys in the beginning , but then caught on.
*
FRAUD, Very selective in posting trades in their Daily Track Record.
*
Try their trial, see how they do.
A sure sign of poor performance is : 1- lots of marketing , 2- if they really ''call'' it right, then you don't need
to know, the fine details, Focusing on the entertainment during trading hours- why not just focus on trading?
*
I guess Alex hasn't figured that out yet ! Quite funny isn't it ?? If he called it right most of the time- then we
wouldn't need coaches ?
Still after all these years, the only way he can keep 115 people in his room , is to keep getting new people
each month !! This room should have 1000's of traders , if he really was honest and Good.

'Nuff said, I could go on, but thanks for listening , spent a lot of money there, and don't want you to lose yours!!
*
Thanks also to Big Mike for allowing traders to have their (polite) voice. !
*

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  #36 (permalink)
 Greatwest1 
Nelson, B.C. , Canada
 
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Hi again Another FYI about Puretick.com:

*
'Stretch' is the super trader in the room, he knows and does better than Alex, but he's fairly quiet(unfortunately),
because he is the best one there.
Alex- likes to do Rodney Dangerfield impressions, when he can't find any decent trading pointer to say- which is often.
*
Poor Alex, poor Alex- only gets income from paying newbie traders.

Poor Alex, if he would only announce his trades when he gets in ! Poor Alex....

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  #37 (permalink)
 Padge 
Chicago, IL
 
 
Posts: 5 since Oct 2013

Wow, you are a genius! Stretch is very good, but how do you supposed an over the road truck driver got to be so good at trading? He certainly didn't take out trial after trial... He was a student of the game, was coachable, and didn't let his ego get the best of him. The only person who is P.O.O.R. (Passed Over Opportunities Repeatedly) is the man in the mirror my friend. If you have ever gone to college you would know, education is not free, and there is no such thing as a free lunch.

Belittling Alex's humor, and jokes just shows how insecure you are. You are in dire need of personal growth my friend.


Greatwest1 View Post
Hi again Another FYI about Puretick.com:

*
'Stretch' is the super trader in the room, he knows and does better than Alex, but he's fairly quiet(unfortunately),
because he is the best one there.
Alex- likes to do Rodney Dangerfield impressions, when he can't find any decent trading pointer to say- which is often.
*
Poor Alex, poor Alex- only gets income from paying newbie traders.

Poor Alex, if he would only announce his trades when he gets in ! Poor Alex....


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  #38 (permalink)
 Padge 
Chicago, IL
 
 
Posts: 5 since Oct 2013

Quitters never win, and winners never quit. Obviously you two showed what you are... The education is in the A-Z guide where you will "learn" successful trading methodologies. I have been trading with Alex and he is simply the best I have ever seen Period! You mentioned Stretch previously, yeah, he tried 16 rooms before he stopped cold at Alex's room. Why? Because he is the best!

All the haters in this forum are hilarious! Alex's alerts are a "GIUDE" and he educates along the way. Latin for educate is to "draw out" your own knowledge. Use his proprietary signals as the set up. Oh, yeah there are three hedge fund managers in his room and countless number of others who purchase his data. Don't hate, it's so petty.


Greatwest1 View Post
Hi all from Canada,
CajunSniper - is really Geoff , Alex's co-founder of Puretick.com !!!
Yes, Geoff is nice, and the computer guy in the outfit, he and Alex met at another trading site years ago.
Reven- runs or used to run the ES room.
Alex, and Reven - are loud traders, lots of yahoo's and chatter, but definitely not Coaches or helpful traders.
I was in the room years ago for about 10 months.
*
Alex- has big stops, enters before he says , and is a very weak-minded person overall. He can't take
any criticism - a BIG sign of someone who wants to be called a SuperTrader, but knows he isn't.
I defended these guys in the beginning , but then caught on.
*
FRAUD, Very selective in posting trades in their Daily Track Record.
*
Try their trial, see how they do.
A sure sign of poor performance is : 1- lots of marketing , 2- if they really ''call'' it right, then you don't need
to know, the fine details, Focusing on the entertainment during trading hours- why not just focus on trading?
*
I guess Alex hasn't figured that out yet ! Quite funny isn't it ?? If he called it right most of the time- then we
wouldn't need coaches ?
Still after all these years, the only way he can keep 115 people in his room , is to keep getting new people
each month !! This room should have 1000's of traders , if he really was honest and Good.

'Nuff said, I could go on, but thanks for listening , spent a lot of money there, and don't want you to lose yours!!
*
Thanks also to Big Mike for allowing traders to have their (polite) voice. !
*


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  #39 (permalink)
 Big Mike 
Site Administrator
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@Padge,

What is your relationship with Puretick?

Mike

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  #40 (permalink)
 Padge 
Chicago, IL
 
 
Posts: 5 since Oct 2013

Traders are trained, not born. Once trained, do you need to follow?

Write down his trades again, this time with the 7 second delay. You have a brain use it! His alerts are guides, you have to pull the trigger. Stop blaming everyone under the sun for your losses. I recommend reading "Trading in the Zone."


treydog999 View Post
I was in Alex's YM room and its not any better. Trust me there is no way to follow their calls. I have a picture of ravens screen which shows he only trades SIM. post #16 in this thread. I believe Alex does too. I wrote down every call he made for a month and there were no trades crossing my time&sales at that price and time. Or they were already well into profit and could have only been filled minutes before he actually 'buzzed'. IMHO its all a load of BS and just walk. I wish i could prove that Alex only traded SIM also but he never shared the wrong screen


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  #41 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
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who else could he be but Mr Puretick himself.

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  #42 (permalink)
 Padge 
Chicago, IL
 
 
Posts: 5 since Oct 2013

Trader, in the room. This is interesting why would you ask me that? It seems that this is just a negative sounding board against Alex. Alex has been a huge help to me and all of these comments are biased to the negative. Is Puretick a competitor of yours? Why would you let these completely biased unfounded opinions desecrate your forum?

I have read some other reviews on rip off report and they at least let others chime in, now I have something to say and your moderating my responses.

Alex is AWESOME, and these stories need to be set straight, unless of course you have a pecuniary interest in bashing puretick. If you take down my responses, i will be sure to voice my opinion about your forum.


Big Mike View Post
@Padge,

What is your relationship with Puretick?

Mike


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  #43 (permalink)
 Padge 
Chicago, IL
 
 
Posts: 5 since Oct 2013

Yeah, your right I"m Alex


cory View Post
who else could he be but Mr Puretick himself.


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  #44 (permalink)
 Big Mike 
Site Administrator
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Padge View Post
Wow, you are a genius! Stretch is very good, but how do you supposed an over the road truck driver got to be so good at trading? He certainly didn't take out trial after trial... He was a student of the game, was coachable, and didn't let his ego get the best of him. The only person who is P.O.O.R. (Passed Over Opportunities Repeatedly) is the man in the mirror my friend. If you have ever gone to college you would know, education is not free, and there is no such thing as a free lunch.

Belittling Alex's humor, and jokes just shows how insecure you are. You are in dire need of personal growth my friend.

This guy appears to be Senior VP of Puretick.



He has violated futures.io (formerly BMT)'s terms and conditions by not declaring himself as a vendor before posting and has now been permanently banned.


Padge View Post
Trader, in the room. This is interesting why would you ask me that? It seems that this is just a negative sounding board against Alex. Alex has been a huge help to me and all of these comments are biased to the negative. Is Puretick a competitor of yours? Why would you let these completely biased unfounded opinions desecrate your forum?

I have read some other reviews on rip off report and they at least let others chime in, now I have something to say and your moderating my responses.

Alex is AWESOME, and these stories need to be set straight, unless of course you have a pecuniary interest in bashing puretick. If you take down my responses, i will be sure to voice my opinion about your forum.

He then further violated futures.io (formerly BMT)'s terms and conditions by lying about his identity, saying he was "a trader in the room", as opposed to his true identity, Brian Padgett, Senior VP of Puretick.

Guys, if you are considering doing any business with this company, be careful. You can see how this company acts.

Mike

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 Big Mike 
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And now in wasting no time, Brian Padgett of Puretick has sent me an email saying he is going to post a negative review on ripoff report.

To quote him: "Laughable!". LOL

Mike

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 Big Mike 
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And now another email from Brian Padgett, Senior VP of Puretick, again telling me how he is going to post a ripoff report, and he hopes I like it.

I replied:

"Not as much as you will like my response, showing proof you lied about your identity, lied about your affiliation, and pretended to be a user when in fact you are the Senior VP.

I am sure it will go well with all the other ripoff claims about Puretick."

Mike

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 Daytrader999 
Legendary Market Wizard
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...Hopefully not another (hopeless) 'case' like Oil Trading Academy...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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 Big Mike 
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Daytrader999 View Post
...Hopefully not another (hopeless) 'case' like Oil Trading Academy...

I think that guy has been posting on TL recently. And from the looks of it, he's likely off his meds.

Mike

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 Big Mike 
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Big Mike View Post
And now another email from Brian Padgett, Senior VP of Puretick, again telling me how he is going to post a ripoff report, and he hopes I like it.

Here it is:

Ripoff Report | Big Mikes Trading Forum Complaint Review Princeton , Texas: 1092663

Mike

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 Big Mike 
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Big Mike View Post
This guy appears to be Senior VP of Puretick.



He has violated futures.io (formerly BMT)'s terms and conditions by not declaring himself as a vendor before posting and has now been permanently banned.



He then further violated futures.io (formerly BMT)'s terms and conditions by lying about his identity, saying he was "a trader in the room", as opposed to his true identity, Brian Padgett, Senior VP of Puretick.

Guys, if you are considering doing any business with this company, be careful. You can see how this company acts.

Mike

He has now also started posting on LinkedIn that futures.io (formerly BMT) is a fraud/scam or etc. Here is his profile:

Brian Padgett | LinkedIn

I am not able to see the posts directly as I am not a member of those types of sites, but a friend that runs a very large trading group on LinkedIn made me aware of it.

Mike

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 Big Mike 
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Just read his ripoff report, in particular I like this last sentence:


PureTick's Brian Padgett
Buyer BEWARE!! Do not subscribe to Bike Mikes Biases Forum, Unless you want to lose your credibilty.

Brian is exactly right. He joined futures.io (formerly BMT) to promote PureTick, and by the time he left (banned, a few minutes later) his credibility was indeed lost!



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 tflanner 
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I have been in the futures business since 1987 (CBOT floor). I was surrounded on the floor by a lot of different personalities (some good/some bad/some difficult). Also, dealt with a lot of large institutional clients (mostly from NY).

I have seen it all but I have never seen a more unprofessional person as Alex W. at Puretick. In 2012 I had to reinvent myself as a trader (formerly a spread trader) and I somehow joined Puretick. A total scam and you will lose money in his trading room. I won a raffle that they had and I got their A to Z guide for free. They charge $2,500 for it and it is worthless. I could go on and on....

8,000 people have been in his room....don't be 8001. You will lose and after you lose he will try to get you to pay for a private mentoring program (for $10k). He is a bad person and if he would have worked on the CBOT floor in the 'day' he would not have lasted more than a month. No one would have put up with him. Fortunately, my stay in the room was rather brief...but I still cannot believe I joined this room.

Alex if your listening....show your DOM.

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 xiaosi 
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Quoting 
Buyer BEWARE!! Do not subscribe to Bike Mikes Biases Forum, Unless you want to lose your credibility.

Baaahahaaa! Classic, well said...i guess he is honest after all!

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  #54 (permalink)
 Greatwest1 
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Hi All,
This will be my last post on Puretick.com ( now : Puretick.co because of high volume complaints).
Yes, I need to grow in all ways.
Yes, Alex can trade, and does have a sense of humour.
However, Alex does call himself a Coach. Honest? Truthful of called trades ?
No comment.
Padge is obviously a long time member of Puretick.- since virtually no one knows
much about a great trader there: 'Stretch' . He is a Great guy, generous and quiet.
*
Those who know don't talk, those who don't know 'talk' .
*
I was a defender of that site in the past; no mud on my face- I do stand up and
accept responsibility. However , I have learned from that experience and feel others
must get a 'head's up '' , before joining any room.
*
However, I do feel that the owner of the 'Puretick.co 'site, does have serious issues that I feel
must be raised - so other traders are forwarned .
*
I accept criticism, and will stop here, except to say thank you to Mike for allowing
differing opinions- 'cause we are all traders here, with different ideas and goals.
*
My goal is to be a helpful trader, and a great one.
Cheers to all serious students.

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  #55 (permalink)
 Big Mike 
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A futures.io (formerly BMT) user let me know they posted a rebuttal on rip off report:

Ripoff Report | Big Mikes Trading Forum Complaint Review Princeton , Texas: 1092663

I then read another post by Puretick saying that I called Alex and told him for $5000 I would take down this thread. This is completely false, and I wonder if I should contact an attorney or not and sue them for make knowingly false statements (libel/defamation).

The issue isn't whether or not I could win a lawsuit, it's the time it would take. Something I really don't have. Anyone care to comment on this, whether you think it is worth it or not? Maybe the goal could be to finally put Puretick out of business, and from that point of view I do think it would be worth some time, in order to protect all the future victims that this company could create.

Mike

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  #56 (permalink)
 cory 
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This is just the game pt likes to play making wild accusation without a shred of back up evident. I say don't waste your energy on them, relax on your private beach and chuckle at their silliness.

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  #57 (permalink)
 Greatwest1 
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Hi Mike,
This all seems like traders having different opinions and Brian Padgett
feeling snubbed because very few agree with him- as sales
marketing manager with Puretick.co .
It is unfortunate that Brian does not examine why Puretick.co is so small
in number. 9 years in business and still he only gets 100-120 paying members
a month. If the site was so good why churn the membership number at only
110 traders monthly. Traders are dropping out at the same rate as they join-
that would explain why Alex needs a new marketing guy !
*
I 'd suggest leaving Puretick.co to its' own demise. Traders are a much smarter
group now than they were 5 years ago.
*
Any simpleton who can read can tell in a heartbeat that you and most
members here are here to help, share, and grow.
*
Any judge reviewing 5 pages of notes in your forums will see the integrity you
have brought to : 1) public forums in general, and 2) to the trading community
overall ( new and experienced traders alike).
*
Remember , again I said - I defended the Puretick.co site in the beginning, but
as my eyes opened; I saw a very different picture - hence my reason to comment.
*
Thanks for doing a great job, Mike. You have a lot of supporters, far more than some
unscupulous trading operators.
G.

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  #58 (permalink)
 trendisyourfriend 
Market Wizard
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Big Mike View Post
A futures.io (formerly BMT) user let me know they posted a rebuttal on rip off report:

...The issue isn't whether or not I could win a lawsuit, it's the time it would take. Something I really don't have. Anyone care to comment on this, whether you think it is worth it or not? Maybe the goal could be to finally put Puretick out of business, and from that point of view I do think it would be worth some time, in order to protect all the future victims that this company could create.

Mike

Personally, i would not invest a iota of time in this pursuit. The more time you'd invest on that case the more energy would be lost for other worthy pursuits. Think about it this way, is it your mission in life to save all souls?

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 tradermark2009 
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Mike, the only thing Puretick is good for is a good laugh...please do not do any more then that....not worth the time and wasted effort on these fools.


Big Mike View Post
A futures.io (formerly BMT) user let me know they posted a rebuttal on rip off report:

Ripoff Report | Big Mikes Trading Forum Complaint Review Princeton , Texas: 1092663

I then read another post by Puretick saying that I called Alex and told him for $5000 I would take down this thread. This is completely false, and I wonder if I should contact an attorney or not and sue them for make knowingly false statements (libel/defamation).

The issue isn't whether or not I could win a lawsuit, it's the time it would take. Something I really don't have. Anyone care to comment on this, whether you think it is worth it or not? Maybe the goal could be to finally put Puretick out of business, and from that point of view I do think it would be worth some time, in order to protect all the future victims that this company could create.

Mike


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 Cloudy 
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I don't think it's worth the time either. These guys have unfortunately been more successful than the Oil Academy loony and survived over the years like Netpicks. gone are the old west days when they used to tar and feather and cut off body parts of snake oil waggoners. Overall I think this thread alone is good enough to warn most newbies who search for real info reviews on Puretick. Even as a more positive, friendly site, futures.io (formerly BMT) makes no bones about hard trading is on it's forum threads nor any less in the vendor review section.

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 TraderTed 
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When I started to post in this thread it had been my opinion, that Alex was a bad teacher, but that he had at least some valuable knowledge about trading (i.e he can trade)...


TraderTed View Post
...some positive stuff about Puretick. Alex is very entertaining and fun to listen to over the time of the day. He will joke around and even sings from time to time.

...and you can definitely learn some things about the markets, that are not easy to find elsewhere. How to interpret NYSE Tick and ADV/DECL in real time or how to anticipate trading range days etc.

...but now, after following this discussion over time I get more and more convinced, that he is in deed just another scam artist!
What I don´t like at all about this realisation are the implications that come with it! Because although I did never bought anything like the Puretick A-Z guide or some private mentoring etc.. I had the impression that a lot of things about trading that Alex talked about in the room made sense and were reasonable and valuable. And I still tried until lately to make some of these concepts work for me. But reading all of this and especially about the way some Puretick sales and marketing guy acts and behaves here, I really should abandon every piece of knowledge about trading connected to Alex!!

I think that even worse than the lost time and money spend on these scam artists are probably the wrong ideas about succesfull trading that they plant in your head. Because wrong ideas and concepts stay with you long after you left their trading rooms. (This could even be a good topic for different forum thread...)

"A chap who speculates- let this be said-
Is very like a beast on moorland dry,
That by some evil spirit round and round is led,
While fair, green pastures round about him lie."
v. Goethe (Faust)
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  #62 (permalink)
 Greatwest1 
Nelson, B.C. , Canada
 
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Hello Trader Ted,
Thanks for your experience and comments . I only reply here because of what
you said about yourself, that" I should forget about what he said...'' .
Remember the good things he said about the markets, some of that is useful.
But yes, drop the rest .
*
Even though someone who knows how to use tools- is useful, but not if he's using them
to break into your house ( or your trading account ).

*
I spent $3500. there . I walked the walk. Let the riff-raff swim in the mud, we have things to do...
*
'Nuff said, let's drink up and now get back to work:
Look at what we need to do to improve,
visualize our end goal images- in vivid detail, as if it's real,
develop a knowing within yourself that you are activating your higher self to attain these end-goals
- more quickly and faster than before.
*
Dr. Wayne Dyer once said: '' Believing is Seeing '' as the proper step to achievement. Not the usual
way most folks think, as: '' I believe it when I see it ''.
All the Best, G.

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  #63 (permalink)
 Sony108 
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I was in puretick room for 4 months (in the Spanish room ) at the beginning I was convinced it was a system that worked , he had a high rate of success in the alerts , but when I started to trade I realize many things ..

the system is whit aggregate contracts when an alert goes against, contracts are adds , but if the price continues agains to the alert and the stop lose is at 20 Tick,. really is too bad, because being stop out with aggregates, means the gain of several days, very difficult to reverse that loss
because the target is 7 tick , second target 10 , and third target to flush..
Sandra the coach ( alex's girlfriend ) copy exactly the alerts given by Alex , which is received by the students up to 10 seconds later the main alert . when is a good alert and all student Win Money (5% or less of student in spanish room trade in real money) is all fantastic , nobody asks if you entered the trade with the alert or setup, price .. etc. but when alerts its bad, the fault is of the students ( puretick giving excuses, like you are not wait for the setup, does not add contracts at fair price (as if I were a magician ) or not entered right on the alert ( according what is convenient excuse )
in the English room directed by Alex (I've been there a couple of days ) much as the room in Spanish, the both coach is saying all the time to take profits and celebrating the trades, even when the alerts are horribly bad ,and still not reach the target of 7 tick , the celebrated and gives the signal to take profits .. ( very cute…)
Nobody can contradict it , or ask questions to him or commit to the system as he get obsett(or simulates angry )
maybe there is profitables students , adapting the methodology to their own style of trading , I do not know.
a student of the English room told me one time, that most students who remain for a few months or years , are gamblers , playing with alerts as casino, red or black .
the system is also adapted to answer any questions , and is never allowed in the room doubts the system , but as I said do not put the DOM on the screen. NEVER PUT THE DOM IN THE SCREEN
otherwise, 7 years making and trading his system should be now be billonaire , And the famous track record 89.9 % is made with 6 contracts , he never makes trading with 6 contracts, the set on track to record what would seem that the cast had with 6 contracts , there is no alex puretick account exclusively for the track recorD 6 contracts . is a lie .. another one.
is mathematically impossible to have hit 89.9% every year
If you see the track record aggregates are fantastic at the right price and Time.. because the track record seems armed after the day of trading ..in the track record so he also knows when to stop running or when to take profits .. that in the two rooms, Spanish and English.
Many contradictions with profit taking too, was never clear whether the coach was in or out of the trade and when taking profits.
I feel a fool for not realizing this at time.

I apologize for errors in the language, but English is not my first language, I hope I have made clear my experience.

Sony108

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  #64 (permalink)
FalseProphets
Toledo, OH
 
 
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Thanks to the last poster.
I urge those reading this thread for the first time to heed the words of the last post and NOT take it as a 'let me check them out'. If you are new to this business, you will likely fall prey to gimmicks like these on your own.
I 'll make a broader generalization here-order flow skills are real and the number of vendors who get it can be counted in one hand! I won't mention names but AMA threads should give you some idea.
Another tip, if you are considering a trade room guru, and he/she uses an inverse risk/reward ratio, RUN.
If he/she peddles 70%+ win ratio, consider them an amateur with website skills only. (Or extremely skilled scalpers who don't run trade rooms for a living)
If you are into daytrading, get used to 40-50% win ratio. This is where the highest profitability will be in liquid Futures if trend trading. The most legendary traders of the last few decades would vouch for that as well.
Thx

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  #65 (permalink)
 Big Mike 
Site Administrator
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Let's be honest. Anyone that reads this thread and then wastes any time or money with this vendor deserves everything they get.

Sent from my LG Optimus G Pro

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  #66 (permalink)
 TraderTed 
Hamburg + Germany
 
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So here seems to be the answer to my question from earlier in this thread:



TraderTed View Post
I would really like to hear something from those people who visited Alex for a mentorship.
In the time while I was in the room, several people did this. They paid thousands of dollars + traveling expenses, to trade alongside of Alex for a week and get special training.

It would be interesting to hear from these people, what their impression was.
  • Did they learn something important, which is not taught and / or cannot witnessed in the room, which would be worth the money ?
  • Did the mentorship help them to become successful profitable traders?

For example at about the time I was in the room a female trader called Sandra started there as well. She was even kicked out of the room by Alex on 2 different occasions, because of similar arguments as mentioned in the previous post above.
Later I found in another forum on the internet a thread about puretick, in which she (Sandra) commented positively that she did a paid consulting with Alex via Skype and after that she now would understand the method etc. what she did wrong etc..

About a couple of weeks later I witnessed, while being still in the room, that Sandra had traveled to Florida (from another country) to even take the big and very expensive mentorship with Alex !!!

So I really would love to hear something about that kind of experience....




Sony108 View Post
Sandra the coach ( alex's girlfriend )....


So it seems that Students who pay thousands of dollars and fly to Alex for personal coaching are getting their own room at puretick and become the girlfriend of Alex!

I just looked on the website and this is definitely the same Sandra from Uruguay that runs now the spanish room!

Is she really his girlfriend now??

"A chap who speculates- let this be said-
Is very like a beast on moorland dry,
That by some evil spirit round and round is led,
While fair, green pastures round about him lie."
v. Goethe (Faust)
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 Sony108 
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TraderTed View Post
Is she really his girlfriend now??

Yes TraderTed, it was no secret in the spanish room. at least until two months ago was the girlfriend, lived together in Destin FL.
Now I do not know, I guess if.
At this moment she is in europe, because she could not stay longer in the U.S.

Also remember Alex and Sandra were desperate for more people will enter the room, that they buy the master guide, indicators and other ..
but as I said earlier , in the spanish room, only 5% or less trade with real money, there are very few who have purchased the master guide and indicators, the master guide is 2000 USD, a real scam to for the content that have.
I think, I can not ensure that they (sandra and alex) do not trade real money.(we would have to ask tradestation, about the accounts of the Puretick coach )

Sony108

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 Greatwest1 
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Puretick.com had to change their web site to this ; 'Puretick.co - because of so many complaints.

BEWARE . Puretick.co is hard to cancel your subscription without over billing.
Alex - likes to have affairs with his chubby lady traders. Hi Sandra ! How's Spain ?
Not a great site.
Word gets out.
Alex, obviously is not a real trader; any trader worth their 'salt' would accept that some people will question
your strategy (-ies), NOT Alex, he will kick you out of his room if you question his trades !!
*
Alex makes his money by selling memberships.
If not, then why does someone with a so called 89% success rate, only have 80-110 people in his room every
month ?? after 5 years !
Obviously people get smart and drop out; so he brought in Brian - a marketing person to boost sales.
*
When you have integrity, you don't need sales' people to push the hype and do extra billing
Wise up Alex...
Show your live DOM and we'll see your real Trades !! Doubt you're big enough to do that. ... I paid my dues, hope you learn from these comments above
about PURETICK.CO - = AVOID

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 deaddog 
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They are now calling anyone who was in the room at one time; I took a trial in 2008; and are offering a trader boot camp.

Got a call today and was gauranteed $1000 per day if I successfully completed the training. When I told him I wasn't interested he said he had to get going as he had another 200 calls to make today.

I guess I should have asked if I could pay for the course once the profits started rolling in.

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 cory 
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deaddog View Post
...
Got a call today and was gauranteed $1000 per dayther 200 calls to make today.
...

I always give out Starbuck's phone number.

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 TraderTed 
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cory View Post
I always give out Starbuck's phone number.


"A chap who speculates- let this be said-
Is very like a beast on moorland dry,
That by some evil spirit round and round is led,
While fair, green pastures round about him lie."
v. Goethe (Faust)
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 ptpatrader 
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I am not from the US, so I am asking for advice. Some time ago I sat in the Puretick free webinar, for about 20 minutes, and decided he Alex had no idea beyond what his indicators showed him. A few days later Tiffany had contacted me and i said I wasnt interested. During the brief pause i reaserched Alex and clncluded from what I read there was too much negative press. When Tiffany contacted me i told her i was not interested and that i didnt feel the service was legit. Less than 24 hours later i received abusive emails from Alex, and I admittedly engaged him, a liitle shocked at what i was reading. Eventually i just stopped writing to him to justify my decision not to take on his service. About three or so weeks pass by and on friday, i grt another offensive email from him, and they dont stop. Hes a madman, he must be.

I would like to post the email transactions so people can see the type of person he is. I dont know if that would set me up to be sued; everybody sues someone here it seems; no offense. In any case I am going to be doing what ever i can to report Alex.

Thanks.

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 treydog999 
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ptpatrader View Post
I am not from the US, so I am asking for advice. Some time ago I sat in the Puretick free webinar, for about 20 minutes, and decided he Alex had no idea beyond what his indicators showed him. A few days later Tiffany had contacted me and i said I wasnt interested. During the brief pause i reaserched Alex and clncluded from what I read there was too much negative press. When Tiffany contacted me i told her i was not interested and that i didnt feel the service was legit. Less than 24 hours later i received abusive emails from Alex, and I admittedly engaged him, a liitle shocked at what i was reading. Eventually i just stopped writing to him to justify my decision not to take on his service. About three or so weeks pass by and on friday, i grt another offensive email from him, and they dont stop. Hes a madman, he must be.

I would like to post the email transactions so people can see the type of person he is. I dont know if that would set me up to be sued; everybody sues someone here it seems; no offense. In any case I am going to be doing what ever i can to report Alex.

Thanks.

Honestly if you are a citizen and resident of another country. Its much harder for someone to take legal action against you. For example a Chinese Citizen vs a US citizen. They must apply international legal regulations and any documents can not be sent directly to the other party or their lawyer. They must be sent through the High court of china and then passed down to the individual. This is my personal knowledge not legal advice. However I doubt that due the increased cost, complexity and length of proceedings. Attempting to sue you for slander (which is what I am assuming you will be threatened with). The costs will heavily out weight and sort of settlement. Also you are not slandering him by posting direct quotes and allowing others to gleen what they gleen from it. If you make statements about him that are false, then yes. But again you are subject to the laws and regulations of your home country, not his. AGAIN THIS IS NOT LEGAL ADVICE, CONSULT LEGAL COUNSEL IF YOU HAVE ANY SERIOUS QUESTIONS OR CONCERNS.

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 ptpatrader 
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Thanks Trey...

I got a new response this morning and this is what the threats are looking like:

"Every one of my clients was a person willing to learn, willing to grow. The reason you lose (and yes I know you lose) your writing gives you away.

Actually I will make money from the few morons who were stupid enough to post defamatory materials. Some, like you are indigant. You can post any crap you want because you know even if I legally prevailed, you probably have no assets
to go after.

I have a very thorough investigator who finds out those things. The last clown who posted ramblings had exactly $17,000 liquid net worth. He had a $350,000 home with a $290,000 mortgage." Alex Wasilewski.

His mails are full of these threats with legal action on anyone who posts against him.

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 Greatwest1 
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Hi Ptpa Trader,

Well done, you have saved yourself some money. I may have helped in that.
I spent money on his service, and to find out how much quackery that service is.
*
Pass it on. It seems real, but without showing his live account = smells fishy !
Also, you can hear him click on a trade before he announces it- so his success is not
really your's . NOW that is ILLEGAL . But the securities commision has to check that one out !

Thanks for posting, to warn others. Beware of anything that says: PURETICK.co
-G

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 JonnyBoy 
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Seriously, if anybody is searching for reviews of Puretick on Google and they happen upon this thread, read it over and over and realise that you just dodged a bullet.

please, Please, PLEASE do not give them any of your money. Puretick will not teach you how to trade. Puretick will not teach you money management. Puretick will not make you money.

Puretick will help you blow your account so do not get taken in by Alex Wasilewski and Puretick.

As newbie traders, we all get it...you want to make money. You want to win all the time and you read the 89.9% success rate with Puretick and bam, you think it is the holy grail. It isn't. Not by a long shot.

Trading is the hardest thing I have ever done. It is a huge steep learning curve that requires patience, psychology, dedication and learning. You will make losing trades. Lots of them. When you are 'right' and the market proves you wrong, it will feel like everything you thought was 'right' has crumbled away in seconds.

You will then tinker with your set up. You will tinker for hours with your indicators and go back over weeks of charts, trying to tweak your favourite indicator to identify winning setups. Then when it doesn't work, you will search the internet paying through the nose for another indicator that you think will work for you. It won't. So you take a free trial in another trading room. Rinse, cycle, repeat.

I have been there. I have lost thousands. I have lost tens of thousands.

I am only now at a stage where I feel semi comfortable facing the markets. I still consider myself a beginner and I have been trading since 2010!

There is light at the end of the tunnel, but it requires you, not a trading room to make that happen. I am sure there are trading rooms out there that are great, I have just never found one. Trading for me is solitary. No news, no music, no phone calls...just me, my charts and Big Mike's.

Sorry for the diatribe here, but I don't want people to experience the pain I went through. There will be pain, no doubt about it, but at least come and share your pain on Big Mike's where we ALL know what your are going through.

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--------------------------------------------------------
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 ptpatrader 
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Just want to give an update - as expected the DA for Florida did little, but I was then put in contact with the Miami FBI and all of the material I have on Alex W was passed on. I forwarded what I had done to their more sensible side of their business, stating that I wished Alex to cease-and-desist contacting me. I havent heard anything since then, and they were made aware I had sent everything over to the authorities...hopefully thats the last I will hear from him.

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 Big Mike 
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ptpatrader View Post
Just want to give an update - as expected the DA for Florida did little, but I was then put in contact with the Miami FBI and all of the material I have on Alex W was passed on. I forwarded what I had done to their more sensible side of their business, stating that I wished Alex to cease-and-desist contacting me. I havent heard anything since then, and they were made aware I had sent everything over to the authorities...hopefully thats the last I will hear from him.

If going this route you should also consider reporting to the CFTC.

Mike

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 Zondor 
Portland Oregon, United States
 
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https://www.hugedomains.com/domain_profile.cfm?d=marketdancer&e=com

Puretick has transformed into MarketDancer®, and now.. (drum roll) they offer an (expensive) Pro Trader Training Program, with free ($2,000 value!) Trader Talent Scouting!

The fees seem a little high. You can get the Talent Scouting for free in the Combine®!

Back to my studies now.. learning about The Illuminati and Reptilians today! They hold the secrets to trading!

"If we don't loosen up some money, this sucker is going down." -GW Bush, 2008
“Lack of proof that something is true does not prove that it is not true - when you want to believe.” -Humpty Dumpty, 2014
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 Big Mike 
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Zondor View Post
https://www.hugedomains.com/domain_profile.cfm?d=marketdancer&e=com

Puretick is now MarketDancer®, and now.. (drum roll) they offer an (expensive) Pro Trader Training Program, with free ($2,000 value!) Trader Talent Scouting!

The fees seem a little high. You can get the Talent Scouting for free in the Combine®!

Back to my studies now.. learning about The Illuminati and Reptilians today! They hold the secrets to trading!

If someone else can confirm, I will updated thread title info with their new name

Sent from my phone

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  #81 (permalink)
 Zondor 
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Please DO keep Puretick in the thread title... for Old Time's sake! Sounds like a brand of bleach...

"If we don't loosen up some money, this sucker is going down." -GW Bush, 2008
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 JonnyBoy 
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Zondor View Post
Trade Like a PRO | MarketDancer

Puretick has transformed into MarketDancer®, and now.. (drum roll) they offer an (expensive) Pro Trader Training Program, with free ($2,000 value!) Trader Talent Scouting!

The fees seem a little high. You can get the Talent Scouting for free in the Combine®!

Back to my studies now.. learning about The Illuminati and Reptilians today! They hold the secrets to trading!

If this is Alex "rebranding" then we need to ensure the folk whom actually bother to do a Google search on Puretick or Market Dancer stumble across this thread.

I can't believe this guy is still getting away from it.

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 Big Mike 
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I poked around and can confirm it does seem to be the same company. If anyone else can confirm/deny please post in the thread.

I'll update the thread title.



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 tamerrashdan 
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I got the email from Alex
Not much changed
Same scam same prices
Bad choice of name


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 Big Mike 
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tamerrashdan View Post
I got the email from the Alex

Could you post the email?

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 tamerrashdan 
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Dear Tamer

Exciting News! . . .

Dear Friend of PureTick,

I’d like to take this opportunity to share with you some exciting news. PureTick is now Market Dancer.

As the nation’s leading day trading training enterprise, we have a system that works and a team of professionals who have consistently demonstrated their skills and expertise. But, it is not in our nature to stand still or rest on our accomplishments. We are constantly searching for new, innovative and more effective paths to success. We believe there are great opportunities ahead in the market, provided the savvy investor know the right steps to take, the right moves to make.

To better define our role, mission and vision, we are rebranding PureTick as Market Dancer. As with PureTick, Market Dancer offers online seminars and follow-up coaching to teach investors how to become successful short-term traders. Market Dancer will continue PureTick’s tradition of providing our clients with aggressive wealth-building trading strategies. We are assembling a world-class faculty of former floor traders and our most successful clients to coach Market Dancer clients to success.

I will continue to be involved in this process, overseeing the strategies, coaching materials and team members to ensure that your needs are met and your dreams are fulfilled and you achieve long-term day trading success.

I ask for your patience as we transition from PureTick to Market Dancer. We pledge to keep you informed on our progress and welcome your comments and feedback. We’ve proven to you in the past that we know how to move in the trading arena. As Market Dancer, we intend to move even more effectively and aggressively, with a redoubled commitment to our clients’ success.

To learn more about Market Dancer, please visit our new website at https://www.hugedomains.com/domain_profile.cfm?d=marketdancer&e=com.

Thank you for your patience and confidence. We are honored for the opportunity to serve you.

With appreciation,
Alex Wasilewski




Risk Disclosure: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
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 JonnyBoy 
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tamerrashdan View Post
Dear Tamer

Exciting News! . . .

Dear Friend of PureTick,

I’d like to take this opportunity to share with you some exciting news. PureTick is now Market Dancer.

As the nation’s leading day trading training enterprise, we have a system that works and a team of professionals who have consistently demonstrated their skills and expertise. But, it is not in our nature to stand still or rest on our accomplishments. We are constantly searching for new, innovative and more effective paths to success. We believe there are great opportunities ahead in the market, provided the savvy investor know the right steps to take, the right moves to make.

To better define our role, mission and vision, we are rebranding PureTick as Market Dancer. As with PureTick, Market Dancer offers online seminars and follow-up coaching to teach investors how to become successful short-term traders. Market Dancer will continue PureTick’s tradition of providing our clients with aggressive wealth-building trading strategies. We are assembling a world-class faculty of former floor traders and our most successful clients to coach Market Dancer clients to success.

I will continue to be involved in this process, overseeing the strategies, coaching materials and team members to ensure that your needs are met and your dreams are fulfilled and you achieve long-term day trading success.

I ask for your patience as we transition from PureTick to Market Dancer. We pledge to keep you informed on our progress and welcome your comments and feedback. We’ve proven to you in the past that we know how to move in the trading arena. As Market Dancer, we intend to move even more effectively and aggressively, with a redoubled commitment to our clients’ success.

To learn more about Market Dancer, please visit our new website at MarketDancer | Successful Day Trading.

Thank you for your patience and confidence. We are honored for the opportunity to serve you.

With appreciation,
Alex Wasilewski




Risk Disclosure: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
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I just hope that a Google search for Puretick, MarketDancer, Alex Wasilewski, Puretick review or Marketdancer review gets a link to this thread.

To the new trader out there. Please do not get caught up with this clown. No really, it won't be different for you no matter what you think.

I was at my wits end in the early days of my trading and I stumbled across Puretick. With an 89.9% success rate it was like all my dreams had come true. There was no way I could lose, right? Oh how wrong I was.

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 TraderTed 
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I find it interesting, that they do not mention any names on the new "MarketDancer" website. Before it was clearly Alex W. but now it is completely anonymous. I suppose that his name is already connected with too much bad reputation. So he tries to stay in the background to lure in new people with a new brand name. Also the made up track record seems to be gone.

"A chap who speculates- let this be said-
Is very like a beast on moorland dry,
That by some evil spirit round and round is led,
While fair, green pastures round about him lie."
v. Goethe (Faust)
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  #89 (permalink)
 JonnyBoy 
Market Wizard
Montreal, Quebec
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Kinetick
Trading: ES
 
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Posts: 1,559 since Apr 2012
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I was just goofing around and thought I would see who registered Market Dancer. To my amazement, Alex is there for all to see. So without shadow of a doubt, he is behind the operation.

https://whois.icann.org/en/lookup?name=www.marketdancer.com

Registrant Name: Alex Wasilewski
Registrant Organization:
Registrant Street: 4112 Indian Trail
Registrant City: Destin
Registrant State/Province: Florida
Registrant Postal Code: 32541
Registrant Country: US
Registrant Phone: +1.6103046420

The fact he put his home address, email contact and home phone number on there only means that aggrieved people can go and take a look at the real estate they helped purchase.

Now some might say this might not be his home but according to the Okaloosa County Tax Collector, he is down as the owner - so I would hazard a guess and say it most certainly is.

--------------------------------------------------------
- Trade what you see. Invest in what you believe -
--------------------------------------------------------
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  #90 (permalink)
 Trader Duck 
Fairbanks, Alaska
 
Experience: Intermediate
Platform: Ninja Trader, Nexgen T-3 Fibs Pro Trader (Love Them!)
Broker: AMP/CQG & Kinetic
Trading: CL
 
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Posts: 69 since Jun 2010
Thanks: 130 given, 76 received

Pure Tick is now Market Dancer. Avoid this scam. He never shows his DOM. He posts a spread sheet that is suppose to be his trade record. IT DOES NOT MATCH THE TRADE CALLS IN THE ROOM. IT IS FAKE. HE IS A PHONEY. Here is how it works. Alex places a trade, then calls it in the room. Everyone gets in behind him eating liquidity and as a result, lifts the market for his benefit. That's why he trades thin a market (YM). That would not work in a larger market like the e-mini S&P. He is foulmouthed, rude and equally dishonest.
I took a free trial once. I'm not a beginner and I can tell you, he is not a very good trader. I was making money with my own method when he was constantly upside down with the market.
Usually I post comments to stick up for legitimate vendors who are being lampooned. In this case, I had to pile on. Alex is the worst that the industry has to offer.

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  #91 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, SC, ToS
Broker: AMP, DT, TDA
Trading: CL,NQ,YM
 
Posts: 2,135 since Jul 2011
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Puretick trading room and puretick.co exposed finally as a complete scam and fraud in a CFTC crackdown which also discovered over half a million in hidden real trading losses in their prop fund. Just amazing how some of these frauds get away with it for so long..


Fined $7.2 million -> https://www.tradingschools.org/mark-slobodnick-of-puretick-is-a-fraud/

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  #92 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
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Posts: 49,960 since Jun 2009
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Good riddance. And may God have a special spot in hell, just for him and people like him.

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  #93 (permalink)
 cory 
the coin hunter
virginia
 
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Trading: NQ
 
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Puretick started out by Alex L. Wasilewske, he started it in Paltalk. What struck me as weird was he carefully documented of what he posted as he was already anticipating a lawsuit. So the name passed on to Mark Slobodnick. I didn't find it interesting enough to join when they decided to take it somewhere else beside Paltalk.

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  #94 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, SC, ToS
Broker: AMP, DT, TDA
Trading: CL,NQ,YM
 
Posts: 2,135 since Jul 2011
Thanks: 2,388 given, 1,726 received


Big Mike View Post
Good riddance. And may God have a special spot in hell, just for him and people like him.

Sent using the futures.io mobile app


I wouldn't go as far to judge or condemn these worst scammers in the afterlife, but yeah, I'm satisfied with them and their shady business practices being exposed or penalized to pay restitution to their victims and other legal consequences for the rest of their lives.

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futures io Trading Community Trading Reviews and Vendors > Puretick (puretick.com now puretick.co also Market Dancer marketdancer.com)


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