Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading
Welcome to futures io.
(If you already have an account, login at the top of the page)
futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.
At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.
With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.
We are fundamentally different than most other trading sites:
We are here to help. Just let us know what you need.
We work extremely hard to keep things positive in our community.
We do not tolerate rude behavior, trolling, or vendors advertising in posts.
We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
We expect our members to participate and become a part of the community. Help yourself by helping others.
You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple.
Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading
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.
The following 4 users say Thank You to flipper26 for this post:
Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.
Please post URL's when giving a review of a company, so it is easier to see who you are reviewing.
Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
Are these daily key levels? There are a few sites out there with over a decade or two of experience selling key levels for multiple instruments. However, I haven't seen a site where they instead of deliver for a fee, actually teach one to come up with s/r levels as good as said sites.
The following user says Thank You to Cloudy for this post:
They don't teach you how to come up with the levels. The mathematical formula is in this guy's head and only he can calculate these key levels. There are reputable companies selling key levels but clearly Prediction Point Trading cannot be considered one of them.
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).
