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Oil Trading Academy www.oiltradingacademy.com review


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Oil Trading Academy www.oiltradingacademy.com review

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  #251 (permalink)
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 223 received


futurestrader1 View Post
maybe it's actually good! Does anyone know? Sounds very interesting from a very interesting character!

Take it for face value...a highly entertaining marketing pitch with no pressure to buy.

On their NT ecosystem video, the only thing I didn't like was their R/R...they were risking like 10 ticks to make just a couple ticks.

Thats a loser any way you slice it.

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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  #252 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 376 received

So I was cruising trading videos and I accidentally ran into one where this David starts out with a 4 minutes rant against BMT. Then he says he is going away and when he comes back he is going to trade. Instead of that, another 3 minutes rant against the criminals here who are trying to force him to trade for them.

The whole thing is kind of sad on a deeper level. The guy is obviously certified and should be on medication. I mean it was funny at first, but these types are the ones who eventually go out and hurt others. Anyway, I am not including the URL (only on request) just wanted to let @Big Mike know that there is this slender on Youtube against the website...

After quickly going through this thread I saw several earlier rants were removed from Youtube, well I am not sure what the best course of action is. The video is a year old...

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  #253 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
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Thanks: 31,793 given, 95,659 received


Use YouTube's report option to report hate speech or etc. It's under "more" under subscribe.

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  #254 (permalink)
Savannah Georgia/usa
 
Experience: Beginner
Platform: ninjatrader
Trading: es
 
Posts: 5 since Jul 2015
Thanks: 6 given, 0 received

So does anyone know if his system actually works? I have my own profitable system but i love seeing other ways people trade. I just happened to stumble upon this "gem." The way he trades follows none of my rules, but he is quite the character. I would buy his "CODE" out of shear curiosity but i have a problem (morally) giving this guy money.

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  #255 (permalink)
Boise, ID USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: oil
 
Posts: 45 since Nov 2010
Thanks: 44 given, 103 received

1) He has opened a room several times over the years supposedly making live calls and always shut it down a week later. What does that tell you?

2) He has opened up 'charting services' several times and shut that down shortly after... What does that tell you?

3) He cannot demonstrate his system live for any length of time and has offered NO proof of anything he says is true... What does that tell you?

4) He has only EVER provided after the fact videos, not live videos, as his proof, which is not proof of any kind at all. Anyone can record market playback OR just record every trading day and only post the winning days.

5) If you ever watched his videos, he often discusses how much money he makes raking in selling his CODE but he NEVER mentions anything about making any money using his own program. As a matter of fact, he has made recordings where he admits he and EVERYONE will GET RICH on his next venture, which speaks volumes about how he himself, is not rich at all.

6) He charges a price point, and this is part of his brilliance, that people are willing to shell out JUST IN CASE it is something like he says it is. If it is not, they aren't too upset because it is not like $5000 or something. His background is all internet marketing selling one scam or another over the years and this one he has stuck around with the longest because it is the easiest to find people who want to get rich on a small investment. He is not stupid. He knows how to market and guys like YOU are his perfect MARK because you are willing to TAKE A SHOT JUST IN CASE

He knows what he is doing. He may have some serious mental issues, but he knows what he is doing to bring in money to make a living and I promise you, it is NOT trading

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  #256 (permalink)
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
 
Posts: 2,893 since Apr 2012
Thanks: 1,683 given, 3,666 received


Marc Abell View Post
Interesting, that is really getting a little ridiculous. I mean the most weird thing is that I never suggested that David was a scammer. My point was that I become interested and start watching some videos of his presentation on You Tube to hear about his product. But I became very disappointed that instead of discussing his product, he talked loudly about people accusing him of bad stuff. So he turned off a potential sale by not discussing his product and making several of us uncomfortable with his anger and loud voice etc.

Talking about his crazy theories is much more entertaining than actually discussing his plan, which he doesn't really disclose in his videos. He may sound like he knows a thing or two about trading I'll give him that, but he ruins it with all the other BS he tries to push onto his customers. IMO that stuff isn't appropriate for trading, it should be kept in his personal life. I'm not even jewish and I find it offensive. Maybe it's okay to mention he thinks the stock market is a program or whatever, but he definitely markets his system around these theories that are obviously false.

but you having so few posts and being the devil's advocate makes me a little suspicious, especially considering the coherency and particularity of your posts.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
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  #257 (permalink)
Demarest, NJ, USA
 
Experience: Advanced
Platform: ninjatrader
Trading: CL
 
Posts: 618 since Jan 2015
Thanks: 156 given, 387 received


Kujo View Post
1) He has opened a room several times over the years supposedly making live calls and always shut it down a week later. What does that tell you?

2) He has opened up 'charting services' several times and shut that down shortly after... What does that tell you?

3) He cannot demonstrate his system live for any length of time and has offered NO proof of anything he says is true... What does that tell you?

4) He has only EVER provided after the fact videos, not live videos, as his proof, which is not proof of any kind at all. Anyone can record market playback OR just record every trading day and only post the winning days.

5) If you ever watched his videos, he often discusses how much money he makes raking in selling his CODE but he NEVER mentions anything about making any money using his own program. As a matter of fact, he has made recordings where he admits he and EVERYONE will GET RICH on his next venture, which speaks volumes about how he himself, is not rich at all.

6) He charges a price point, and this is part of his brilliance, that people are willing to shell out JUST IN CASE it is something like he says it is. If it is not, they aren't too upset because it is not like $5000 or something. His background is all internet marketing selling one scam or another over the years and this one he has stuck around with the longest because it is the easiest to find people who want to get rich on a small investment. He is not stupid. He knows how to market and guys like YOU are his perfect MARK because you are willing to TAKE A SHOT JUST IN CASE

He knows what he is doing. He may have some serious mental issues, but he knows what he is doing to bring in money to make a living and I promise you, it is NOT trading

completely agree, i'm extremely skeptical of any "call out" services. It seems like a lot of people want to make a quick buck and not put in the work.

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  #258 (permalink)
W.Coast, USA.
 
Experience: Intermediate
Platform: Anything
Trading: Emini
 
Posts: 61 since Jul 2017
Thanks: 13 given, 39 received

Are there reviews of this product from people that actually bought it? Would appreciate an objective review from people that bought and used it. PM is also welcomed.

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  #259 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,130 since Jun 2009
Thanks: 31,793 given, 95,659 received


Arch View Post
Are there reviews of this product from people that actually bought it? Would appreciate an objective review from people that bought and used it. PM is also welcomed.

Anyone that would give this guy money after reading this thread deserves to have their money and time wasted.

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  #260 (permalink)
W.Coast, USA.
 
Experience: Intermediate
Platform: Anything
Trading: Emini
 
Posts: 61 since Jul 2017
Thanks: 13 given, 39 received



Big Mike View Post
Anyone that would give this guy money after reading this thread deserves to have their money and time wasted.

Sent using the futures.io mobile app

I briefly viewed a few pages of replies and mainly found ridicule. While I agree the product/service sounds absurd and crazy, I wanted to hear from people that actually bought it and then concluded that it's BS (or not). If someone did buy it and is embarrassed to admit it, then send me a PM please with your review.

Again, just curious and keeping an open mind. I am not for or against the product. Just want to hear from people that bought it.

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