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Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading


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Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading

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  #11 (permalink)
PhuKet Island / Thailand
 
Experience: Beginner
Platform: Sierra Chart NT
Trading: ES
 
Posts: 124 since Jul 2018
Thanks: 123 given, 45 received


forgiven View Post
taking the range of the overnight market. when the range is 50 to 65 % of normal using the volume POC as the price magnet . where price will retest 80 % of the time in the next days RTH. IT MAY but not be for your stop is triggered 75% of the time. lola the 800 a month trade room looks like the best deal. they make 40 points a day trading the NQ. LETS JOIN AND GO DOWN AND GET US NEW a BMW

L O L ....

You didn't mention the ads
as per required by BM

when you reviewed something like that....

what is the ads and his/her name....?

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  #12 (permalink)
 
 
Posts: 96 since Sep 2018
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flipper26 View Post
Attended a webinar from Prediction Point Trading today. The creator, Sean Larsgard, claims to have a proprietary mathematical formula that allows him to identify key levels on the ES. Multitudes of past days are posted on his site for you to verify his accuracy (amazing how good they are after the fact). You can get these levels emailed to you for $4995 but today only $100/month. I immediately knew this was too good to be true and had no interest but was concerned by the interest of the other participants in the webinar. I wanted to see what I could find out about this company and the creator of these miracle levels. It took me awhile but I did find out that Sean was the founder of Hindsight Trading and CEO of Market Mover Trading. It was no surprise to me that there were complaints about both companies - excessive cost, products did not deliver as promised, and people had difficult getting their money back.

It bothers me that there are so many individuals and companies like this, in this industry. It makes it very difficult to sort through the really good products and individuals.

I put this post here to caution others to be wary that if it sounds too good to be true it probably is and always, always do your due diligence. I have never bought a product that I could not touch, feel and try out first, and doing so has saved me a bundle. I won't even look at products where they have a so called "money back guarantee" - just search the internet, there are so many people having difficulty getting refunds for products that didn't deliver. If there is no free trial available I'd sooner pass, and it tells me that the company does not have sufficient confidence in their product.

I have a winning system. it is not for sale or gifted to just anyone. If you track my record, you will see. I do share ideas for thought. In my mind I am giving my secrets to the earnest. Sometimes actual trade times and sometimes summaries.

If a product existed that won, all it takes is more contracts. Educators can tell what you should know but NO ONE guarantees success. I could guarantee success. What is the retail price for a winning system. Defined-a system that will extract profit consistently and minimize risk.

TY-

TraderEX

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  #13 (permalink)
Reno, Nevada
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
 
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Posts: 335 since May 2011
Thanks: 78 given, 552 received



TraderEX View Post
I have a winning system. it is not for sale or gifted to just anyone. If you track my record, you will see. I do share ideas for thought. In my mind I am giving my secrets to the earnest. Sometimes actual trade times and sometimes summaries.

If a product existed that won, all it takes is more contracts. Educators can tell what you should know but NO ONE guarantees success. I could guarantee success. What is the retail price for a winning system. Defined-a system that will extract profit consistently and minimize risk.

TY-

TraderEX

I also have the cure for cancer, multiple sclerosis, nine types of dementia and the heart break of psoriasis. But I ain't giving it to anyone because everyone would be healthy and WTF - what happens to the drug industry?

Do you realize how stupid your comment is? Think about it.

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  #14 (permalink)
Boston, MA
 
Experience: None
 
Posts: 6 since Apr 2019
Thanks: 9 given, 0 received


rplust View Post
As I trade off levels, I just attended the seminar for 15 min with the intention to ask a question. But i'ts not live as pretended, just a video. Anyway, the result of an intraday MTF Pivot calculator (it's free, no secret formular) I compared gives the same levels as published on the guy's website. Not really a surprise, is it! That even a Financial Analyst at Goldman Sachs would use the service as mentioned under "Gossip" should give the whole thing a "wow" factor. Gossip indeed.

Fancy websites and "secrete discoveries" still seem to make a lot of money from novice traders who grasp every straw (which in fact I do understand).

Does anyone know what the MTF Pivot calculator is? I've googled it and can't seem to get much traction

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  #15 (permalink)
Washington
 
Experience: Advanced
Platform: NinjaTrader
Broker: NinjaTrader
Trading: ES, NQ
 
Posts: 58 since Dec 2009
Thanks: 2 given, 28 received

These guys are back. They now call themselves "Day Trade Like a Pro".

https://www.daytradelikeapro.com/

Beware.

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  #16 (permalink)
Legendary 4LeafClover
Mumbai, India
 
Experience: Beginner
Platform: Own Customized
Trading: Crude, NIFTY, BANKNIFTY
 
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Posts: 583 since Jan 2019
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dyoung View Post
Does anyone know what the MTF Pivot calculator is? I've googled it and can't seem to get much traction

Little late but I think he means multitimeframe pivots, you can easily do that on any professional trading software, even sometimes broker software. You can do that on excel and python too, condition is that you have timeframe data of last bar of same which you want the pivot calculated for.

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  #17 (permalink)
garopaba + santa catarina
 
 
Posts: 21 since Aug 2019
Thanks: 6 given, 23 received

95% of those vendors out there, either selling indicators, systems or courses, are all embezzlers/hustlers and/or copycats fishing for noobs, but they are so astute that they can even fool advanced traders sometimes.

It would be nice to have a special thread here in the forum with a list of scammers sites so people can stay away from them.

It is very common for people to waste a lot of money with those people in the beginning of their trading journey, I certainly did. With luck, people can find the thread when googling about "X" vendor and then be more careful.

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  #18 (permalink)
Toronto, Canada
 
 
Posts: 82 since May 2018
Thanks: 27 given, 41 received


Gauer View Post
95% of those vendors out there, either selling indicators, systems or courses, are all embezzlers/hustlers and/or copycats fishing for noobs, but they are so astute that they can even fool advanced traders sometimes.

It would be nice to have a special thread here in the forum with a list of scammers sites so people can stay away from them.

It is very common for people to waste a lot of money with those people in the beginning of their trading journey, I certainly did. With luck, people can find the thread when googling about "X" vendor and then be more careful.

I would also like to have a dedicated thread to expose these scammers, but I think Big Mike is gonna have more enemies in the future just like Emmet Moore.

Sent using the futures.io mobile app

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  #19 (permalink)
Legendary 4LeafClover
Mumbai, India
 
Experience: Beginner
Platform: Own Customized
Trading: Crude, NIFTY, BANKNIFTY
 
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Posts: 583 since Jan 2019
Thanks: 1,349 given, 1,406 received

While I agree with the sentiment, generally a thread like that results into a "accusation war" which is just a mess to handle and regulate. I've seen similar thread on forexfactory. I feel its not suitable for the atmosphere here, which is much more professional and you can indeed make independent threads for asking reviews, which is much more appropriate and reasonable where both accuser and vendor can have fair chance at presenting the case.

tldr; it will just ruin the forum atmosphere and its not good to throw stones in that kind of mud, it will leave stain on cloths

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