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Jaguar trading club (protradered.blogspot.com) w/Ed Abreu


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Jaguar trading club (protradered.blogspot.com) w/Ed Abreu

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  #101 (permalink)
Hertfordshire England
 
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I just hope that Ed's trading room victims have the cahoonas to ask for the mic during the session tomorrow and demand their money back.

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  #102 (permalink)
Europe
 
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opentrdr View Post
NO BS. Here are the precise instructions. Start Ninja. Place a bunch of SIM trades (good and bad). Disconnect from your data provider. Reconnect. Go to the executions tab and delete the losing trades. You are now a trading god and can charge $3,500 for anyone willing to believe you. Simple. Oh, I forgot-I am using V7.0.1000.25 (Live)

confirmed. that's how it's done.
very clever.

i'm shocked.

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  #103 (permalink)
 
 
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Big Mike View Post
Unless @mattz endorses him in some way, I don't think that matters. But being a NinjaTrader partner with a listing and affiliation is more of a concern, at least to me. I will stay out of whether he is a fraud or not, I am just concerned in all the unhappy customers - there seems to be a pattern which warrants some investigation.

Mike

We don't endorse anyone. If we feel customers have unrealistic expectations, we simply share with them the reality of trading and it's challenges. Ed's call ins never sounded like they have unrealistic expectations and showed willingness to practice on an ongoing basis, so I was never altered as to any type of "hype".

I don't know what people consider legit, or not, when I learned trading I did it by going to the book store and buying books. I sat and read it, did charting and spoke to people who traded live, and some were even floor brokers.
I was very young when I realized how difficult markets are, and there is no method, system, "the way" that could consistently work. Today, without admitting it, many traders still seek red light/green light methods and many of their frustrations are the result of buying products that did not deliver their expectations.

So if you are someone who purchased literature in the past or are shopping around in order to further enhance your knowledge, I recommend you implement the following approach when it comes to trading:

I truly believe that the development of your own methodology has to be based on a sound understanding of the supply and demand of market prices. More specifically, a thorough understanding of the odds of whether the buyers or sellers are controlling the markets.

I discourage people from thinking in terms of red light/green light whereby you seek a method that has some sort of a probability that you think will work under all market conditions. Rather, we encourage you to seek out a set of tools (indicators/methodology) that can be used under different market conditions. Your experience over time will dictate which set of indicators will be better suited for the different markets you trade.

I encourage the understanding of a value-based approach where you DONíT look at prices only in terms of highs and lows, but rather in the value perceived at that point in time to other buyer and sellers. This approach will prevent you from attempting to catch the high and lows to the point where prices are just numbers.

Your frequency of trading should match your personality and tolerance and above all should only increase as your own trading experience increases. Overtime, you will actually find yourself feeling more comfortable trading certain markets at certain times of the day. There is no way quick-fire way to achieve this. Only time and patience will get you there.

THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Matt

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
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  #104 (permalink)
Hertfordshire England
 
Experience: Intermediate
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mattz View Post
We don't endorse anyone. If we feel customers have unrealistic expectations, we simply share with them the reality of trading and it's challenges. Ed's call ins never sounded like they have unrealistic expectations and showed willingness to practice on an ongoing basis, so I was never altered as to any type of "hype".

I don't know what people consider legit, or not, when I learned trading I did it by going to the book store and buying books. I sat and read it, did charting and spoke to people who traded live, and some were even floor brokers.
I was very young when I realized how difficult markets are, and there is no method, system, "the way" that could consistently work. Today, without admitting it, many traders still seek red light/green light methods and many of their frustrations are the result of buying products that did not deliver their expectations.

So if you are someone who purchased literature in the past or are shopping around in order to further enhance your knowledge, I recommend you implement the following approach when it comes to trading:

I truly believe that the development of your own methodology has to be based on a sound understanding of the supply and demand of market prices. More specifically, a thorough understanding of the odds of whether the buyers or sellers are controlling the markets.

I discourage people from thinking in terms of red light/green light whereby you seek a method that has some sort of a probability that you think will work under all market conditions. Rather, we encourage you to seek out a set of tools (indicators/methodology) that can be used under different market conditions. Your experience over time will dictate which set of indicators will be better suited for the different markets you trade.

I encourage the understanding of a value-based approach where you DONíT look at prices only in terms of highs and lows, but rather in the value perceived at that point in time to other buyer and sellers. This approach will prevent you from attempting to catch the high and lows to the point where prices are just numbers.

Your frequency of trading should match your personality and tolerance and above all should only increase as your own trading experience increases. Overtime, you will actually find yourself feeling more comfortable trading certain markets at certain times of the day. There is no way quick-fire way to achieve this. Only time and patience will get you there.

THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Matt

He seems to trade through Optimus so you would know if he is a fraud or not. If you believe he is a fraud then I'm sure you would want him to remove your logo from his blog

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  #105 (permalink)
Indianapolis, IN USA
 
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pvlee View Post
He seems to trade through Optimus so you would know if he is a fraud or not. If you believe he is a fraud then I'm sure you would want him to remove your logo from his blog

Indeed.

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  #106 (permalink)
london uk
 
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I guess its just another "potential stream" for them to make money. People will go to Ed's site, see the "so called" results, think wow this Ed person is amazing, lets sign up, oh and "Tell MATT I sent you."

I think if people went to BMF 1st, it would be a different ball game all together.

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  #107 (permalink)
Hertfordshire England
 
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tellytub View Post
I guess its just another "potential stream" for them to make money. People will go to Ed's site, see the "so called" results, think wow this Ed person is amazing, lets sign up, oh and "Tell MATT I sent you."

I think if people went to BMF 1st, it would be a different ball game all together.

I think if Optimus Futures were to guarantee that the trades are all true and made against a live account then that would be an end to the matter.

But judging by the way the club members are wanting to take the legal route to get their money back, Optimus may be receiving a subpoena anyway.

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  #108 (permalink)
london uk
 
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pvlee View Post
I think if Optimus Futures were to guarantee that the trades are all true and made against a live account then that would be an end to the matter.

But judging by the way the club members are wanting to take the legal route to get their money back, Optimus may be receiving a subpoena anyway.


Looks like the Optimus Futures button has gone from his site!

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  #109 (permalink)
Hertfordshire England
 
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tellytub View Post
Looks like the Optimus Futures button has gone from his site!

Wow... Now I am shocked!

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  #110 (permalink)
Hertfordshire England
 
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tellytub View Post
Looks like the Optimus Futures button has gone from his site!

Kudos to Matt and Optimus Futures. They obviously value their integrity

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  #111 (permalink)
Concord, CA
 
Experience: Intermediate
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Hi PvLee, your correct just like a GS managed account, hey your account lost 12% this last quarter, but we still need to take our 2%. They are saying hey we really earned it, we could have put your account into a higher risk category and you would have lost more, we really are good, arn't we.

Hey Matt:

Ed probably does get a huge contact discount for his referrals, Ed has stated it a few times that Matt "Helps him out" in that area.

Being tied to Ed right now is not good, this will not just blow over easily, too many people who have seen/heard the same thing. You can see that when we say something here, Ed immediately makes a op change on how he conducts himself, its so obvious. Now matt just directly stepped on the land mine, on his own free will. You are right Matt we all are stupid newbieís, and should have seen that Ed was a fraud, and that his summaries are all legit.
Ed states in his room, that once you trade live, you NEVER go back to SIM. So, with that website statement AT THE TOP it states this" YOU CAN WATCH OVER MY SHOULDER AS I TRADE IN THE LIVE MARKET. I mention the entry price, the stop, the targets and exit. I use Ninja chart trader so you see it on the chart.Ē

We have to assume ALL his trades REAL AND CAN BE AFFIRMED AS TRUTH, well MATT can they. Somehow itís all adding up to be a total lie/fraud, yet you MATT know the truth, and have the keys to open that door. Yet I find this statement by you curious Ē I don't know what people consider legitĒ.
When we see a NT summary of that dayís trading, and it has 2K, 4K, and up to 6K we thought it was legit. Especially we Ed stated once trading Live, never do not go back to sim, (so our assumption is that that his trades are LEGIT, as you say). As you sought out others, we sought out Ed, no bad remarks, anywhere, not even on futures.io (formerly BMT), or that other site that kills anyone in this business. So as you sought, so did we, and we paid for that, to learn a his discretionary trading system. Hey, you endorsed, him, so he is really legit. Yet, we now find out how he has defrauded us, by lying and removing his negative daily trades. You have been an willing part of that, you should have seen his results, thatís he posted, yet you have allowed this thing to grow to maddoff proportions in the trading scalper world. Thanks for your help!

Sorry, just another newbie.

If you care to do a little research to see what you will need to know if you are a party to any litigation you can start here at these posts. But, the best way is to go look at Edís daily web summary and trade posts, then look at his real trades, you have the records and you may need to understand them a little better then you do now. Remember, he says, when you trade live, never go back to sim, so those trades MUST be live and the truth, right? Is that a newbie thing again?

I do not think so, since Ed has removed your Optimus button from his site, so maybe you do know. For now that is client only info. Well, for now.

Read the thread post numbers if you choose to see what we have: Post #ís:
13,16,17,22,25,36,65,66,67,68,69,70,71,72,83,84.




pvlee View Post
Kudos to Matt and Optimus Futures. They obviously value their integrity


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  #112 (permalink)
San Diego, CA, USA
 
Experience: Intermediate
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tradermark2009 View Post
... But, the best way is to go look at Edís daily web summary and trade posts, then look at his real trades...

Ed beat you to it. They're all gone.

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  #113 (permalink)
london uk
 
Experience: Beginner
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Check his site out now, all the stats are gone, i.e. how many (so called) ticks he made every day.



Tiger45 View Post
Ed beat you to it. They're all gone.

Sorry, just saw your comment

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  #114 (permalink)
Hertfordshire England
 
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It looks like Ed is on massive cleanup exercise at the moment, getting rid of evidence etc..

A year ago his trading performance was impressive, around a 75% success rate and close to believable to an experienced trader. As far as I can see he messed up big time when he turned into Superman and started posting between 95% and 100% daily successes.

I predict he will re emerge at some point as a highly credible 65% trader. It is obvious to anyone that his income comes from membership fees so he needs a constant stream of new members to make a living. If he can't attract new members he is going to have a tough job selling those paintings

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  #115 (permalink)
Concord, CA
 
Experience: Intermediate
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Pvlee, its nice to know a lot of us have hard drive storage and saved his lies, I have a ton, so he can destroy all he wants. The only way he can get to mine is if he hires the N. Korean's who are suspected in the Sony hit. Otherwise, its still no good how much he deletes and hides, its all on Matt's and/or the IRS hard drives. Life is good, the air is smelling a little cleaner.


pvlee View Post
It looks like Ed is on massive cleanup exercise at the moment, getting rid of evidence etc..

A year ago his trading performance was impressive, around a 75% success rate and close to believable to an experienced trader. As far as I can see he messed up big time when he turned into Superman and started posting between 95% and 100% daily successes.

I predict he will re emerge at some point as a highly credible 65% trader. It is obvious to anyone that his income comes from membership fees so he needs a constant stream of new members to make a living. If he can't attract new members he is going to have a tough job selling those paintings


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  #116 (permalink)
london uk
 
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tradermark2009 View Post
Pvlee, its nice to know a lot of us have hard drive storage and saved his lies, I have a ton, so he can destroy all he wants. The only way he can get to mine is if he hires the N. Korean's who are suspected in the Sony hit. Otherwise, its still no good how much he deletes and hides, its all on Matt's and/or the IRS hard drives. Life is good, the air is smelling a little cleaner.

You can always look at the cached version of the site, I guess its only a matter of time before that goes too!

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  #117 (permalink)
OC, California, USA
 
Experience: Advanced
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I was never a member of his site, but I used to be on his email list years ago. I remember him sending long-winded diatribes about the nature of trading. 90% of it was just re-iterating the obvious or what was already said earlier. It was always long and verbose, but you could tell the guy had put a lot of thought about the subject into the message.

Too bad it is all going down like this and so many people were swindled. The whole public shaming and making members feel like they are not working hard enough and not worthy to be at Ed's level because he is more experienced are classic cult brain-washing tactics. I could sense it in post #20 and #21

It's too bad so many people wasted so much time and money trying to follow him. Hopefully they learned SOMETHING about trading the markets and it wasn't a total loss.

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  #118 (permalink)
In the heat
 
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No way @mattz could possibly disclose what you are asking here without a court order. To do so would violate every possible client confidentiality law out there. The fact Optimus is no longer on his blog should tell you something. I've known Matt now for a couple of years and have found him to be nothing but credible. If he were to somehow affirm or disaffirm Ed's live or sim trading results, I'd quickly change my opinion of him.


tradermark2009 View Post
Hi PvLee, your correct just like a GS managed account, hey your account lost 12% this last quarter, but we still need to take our 2%. They are saying hey we really earned it, we could have put your account into a higher risk category and you would have lost more, we really are good, arn't we.

Hey Matt:

Ed probably does get a huge contact discount for his referrals, Ed has stated it a few times that Matt "Helps him out" in that area.

Being tied to Ed right now is not good, this will not just blow over easily, too many people who have seen/heard the same thing. You can see that when we say something here, Ed immediately makes a op change on how he conducts himself, its so obvious. Now matt just directly stepped on the land mine, on his own free will. You are right Matt we all are stupid newbieís, and should have seen that Ed was a fraud, and that his summaries are all legit.
Ed states in his room, that once you trade live, you NEVER go back to SIM. So, with that website statement AT THE TOP it states this" YOU CAN WATCH OVER MY SHOULDER AS I TRADE IN THE LIVE MARKET. I mention the entry price, the stop, the targets and exit. I use Ninja chart trader so you see it on the chart.Ē

We have to assume ALL his trades REAL AND CAN BE AFFIRMED AS TRUTH, well MATT can they. Somehow itís all adding up to be a total lie/fraud, yet you MATT know the truth, and have the keys to open that door. Yet I find this statement by you curious Ē I don't know what people consider legitĒ.
When we see a NT summary of that dayís trading, and it has 2K, 4K, and up to 6K we thought it was legit. Especially we Ed stated once trading Live, never do not go back to sim, (so our assumption is that that his trades are LEGIT, as you say). As you sought out others, we sought out Ed, no bad remarks, anywhere, not even on futures.io (formerly BMT), or that other site that kills anyone in this business. So as you sought, so did we, and we paid for that, to learn a his discretionary trading system. Hey, you endorsed, him, so he is really legit. Yet, we now find out how he has defrauded us, by lying and removing his negative daily trades. You have been an willing part of that, you should have seen his results, thatís he posted, yet you have allowed this thing to grow to maddoff proportions in the trading scalper world. Thanks for your help!

Sorry, just another newbie.

If you care to do a little research to see what you will need to know if you are a party to any litigation you can start here at these posts. But, the best way is to go look at Edís daily web summary and trade posts, then look at his real trades, you have the records and you may need to understand them a little better then you do now. Remember, he says, when you trade live, never go back to sim, so those trades MUST be live and the truth, right? Is that a newbie thing again?

I do not think so, since Ed has removed your Optimus button from his site, so maybe you do know. For now that is client only info. Well, for now.

Read the thread post numbers if you choose to see what we have: Post #ís:
13,16,17,22,25,36,65,66,67,68,69,70,71,72,83,84.


Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #119 (permalink)
Concord, CA
 
Experience: Intermediate
Platform: Sierra Charts and NT7
Broker: AMP/CQG
Trading: Mini's and CL
 
Posts: 230 since Oct 2009
Thanks: 974 given, 274 received

Hi Shodson, your second paragraph is so right on, he made everyone that couldn't trade to his standard feel so bad, and in front of the whole room. It wasn't preatty and you are right about the so-called "classic cult brain-washing tactics". But, the whole training industry seems to know how to do that, to protect themselves. Good comments!-Mark


shodson View Post
I was never a member of his site, but I used to be on his email list years ago. I remember him sending long-winded diatribes about the nature of trading. 90% of it was just re-iterating the obvious or what was already said earlier. It was always long and verbose, but you could tell the guy had put a lot of thought about the subject into the message.

Too bad it is all going down like this and so many people were swindled. The whole public shaming and making members feel like they are not working hard enough and not worthy to be at Ed's level because he is more experienced are classic cult brain-washing tactics. It's too bad so many people wasted so much time and money trying to follow him. Hopefully they learned SOMETHING about trading the markets and it wasn't a total loss.


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  #120 (permalink)
Concord, CA
 
Experience: Intermediate
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Posts: 230 since Oct 2009
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Hi @PandaWarrior, you are correct, in my last statement, I did state that Ed's info is client only, meaning that Matt would only release it in an court ordered situation.

From the research on Ed, he may not be the trader he stated he his. This may not even be worth going after him in a civil suit. The problem is not winning the problem is getting anyone to pay, and all that cost lawyer $$. I was in a Wade Cook civil suit in 1997, and we won. Lawyers made millions I got a check in the mail for 35 or $45. Here I am not sure I could get anything of the 3K I spent back once fees and effort is considered. Just getting Ed out of the teaching business is our only goal as it stands now.

My inference about @mattz knowingly endorsing Ed is not true, a referral button is just that a referral, not an endorsement (but he still has the records of ED). I have only heard good things about Matt, myself. I do know traders that use him and find his service good. I didn’t want to leave it as I did initially. BTW, NO one has asked me to state the above, I did it all on my own. My whole intent on @mattz comment was to make sure we were not looking blindly at Ed as the Holy Grail of trading. Only the simple facts that about 100 or so of us saw in his daily trading logs. Matt, I have spent a lot of time learning how to trade, and $$ to do this full time. I have been trading since 1996 in options and Stocks, and since 2008 in Futures, but since 2010 full-time. My wife can attest to all that as well.




PandaWarrior View Post
No way @mattz could possibly disclose what you are asking here without a court order. To do so would violate every possible client confidentiality law out there. The fact Optimus is no longer on his blog should tell you something. I've known Matt now for a couple of years and have found him to be nothing but credible. If he were to somehow affirm or disaffirm Ed's live or sim trading results, I'd quickly change my opinion of him.


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  #121 (permalink)
Concord, CA
 
Experience: Intermediate
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Posts: 230 since Oct 2009
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After 2 people PM me about the blog, here it is before it goes away like everything else on the blog.

One of Ed's latest and greatest prized pupils just threw in the towel. Yep, that's right even Kenneth has pulled his full recommendation from the trading room that is ProTrader Ed.

So for those of you who have said this is garbage, (what we are talking about) will this is from someone who counts. To me it shows me who Kenneth is, I am sure this has not been easy in him. For him to see all this happening, but hey we only report the news, we do not make this stuff up. That’s for Ed.

Open the pic attached and see for yourself, now who is left, and who wants to sign up for half price?

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  #122 (permalink)
Phoenix, AZ
 
Experience: Intermediate
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Has anyone been to Ed's blog this morning? I just noticed that the 50% deal (HA!) is no longer being advertised. I have a few ideas why.

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  #123 (permalink)
Concord, CA
 
Experience: Intermediate
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Anyone know how the room went this am? I am sure the tension was in the air.

I bet it was not a 6K day AND no loses for some reason prior to the room opening-Mark


opentrdr View Post
Has anyone been to Ed's blog this morning? I just noticed that the 50% deal (HA!) is no longer being advertised. I have a few ideas why.


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  #124 (permalink)
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tradermark2009 View Post
After 2 people PM me about the blog, here it is before it goes away like everything else on the blog.

One of Ed's latest and greatest prized pupils just threw in the towel. Yep, that's right even Kenneth has pulled his full recommendation from the trading room that is ProTrader Ed.

So for those of you who have said this is garbage, (what we are talking about) will this is from someone who counts. To me it shows me who Kenneth is, I am sure this has not been easy in him. For him to see all this happening, but hey we only report the news, we do not make this stuff up. Thatís for Ed.

Open the pic attached and see for yourself, now who is left, and who wants to sign up for half price?

This link has now been pulled

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  #125 (permalink)
london uk
 
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Daytrader999 View Post


Don't really understand the link above, but isn't this the same thing i.e. CHEAT,FRAUD DECEIVE CUSTOMERS

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  #126 (permalink)
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@tellytub, your are correct, but that person was a NFA member, Ed has no trading association with anyone. Which means he is or at least has a rogue trading room via the NFA. You would have to go after in a civil suit, or try to get the SEC to take a look.
From what I know, the other issue is that anyone from NY can go the NY DA. It can be referred from a local DA within NY to the NY DA, as well.

If anyone would like to add anything that they know, that would be great.-Mark



tellytub View Post
Don't really understand the link above, but isn't this the same thing i.e. CHEAT,FRAUD DECEIVE CUSTOMERS


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  #127 (permalink)
Concord, CA
 
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@opentrdr, @Tiger45 @pvlee @arafg

I think we now have to do a complete show and tell of the total transition that the co-called ProTraderEd has done in the last months, and include all his great week of 71-2 summary and his 6K day with only a few small losers. He wanted to seem that he was trading live but would not do that in the room. Yet, all his room minions are still following him like he was a trading God.
His broker, made his remove his referral button, why? Well his numbers did not match his daily summaries all parties knew it. This is the same reason; all daily logs have been removed, for the last 2-3 years.

Even, Kenneth, his prized pupil removed his recommendation from his blog that Ed was linking too. What Kenneth did took a lot character to do and I appreciate him for doing so.

See this is what I think, due to Ed's greed and wanting to become a high volume daily dollar winner and prove himself as a trading room and trainer, which he couldn't do without cheating. Also what added to this whole dynamics of what a new trainee add to it come from Kenneth kicking his butt (via putting up solid trading numbers). Ed could only do so by trading outside the room and by finding a way to falsify his records, by removing his loses from his summary.
Ed wanted to show the trading world that he was better than the student, well he wasn’t. His greed got to the best of him; yet he wanted to still have the training income, that his unbelievable summaries helped bring in by appealing to frustrated traders. So he became a very good fraud and it kept on growing (up to over 20K a week) until we put a stop to it.
He did not show his account on the summaries, because he wanted the assumption that he was trading live. Now all his summaries show SIM.

We caught the fraudster:

Our astute snoops on futures.io (formerly BMT) found out how he committed ever increasing daily numbers of fraud. Once Ed saw what we came up with and that we were correct he then become ProTraderEd the mass blog deleter. He has taken everything off from his blog.

Why has he done this, he has been committing fraud to gain students he would not get otherwise.

Ed has told the students that we are only frustrated former students that could not trade. No, we are former students that got tired of seeing him trade larger and larger numbers outside the room, and not teaching his students how he did it. Even his closes students had no clue how he did it, and I bet they still do not. He states LOOK OVER MY SHOULDER, YOU WILL SEE WHAT I DO. Well, Ed we couldn’t look over your shoulder (since you wouldn’t let us), but we did see what you did and how. It just took me 4 years. Thank you to futures.io (formerly BMT) for finally seeing that I wasn’t a lazy brain after all, as Ed would say. The true lazy brain was ED. Yet, his laziness, was outright fraud and what he and others have done in the last week perfectly showed us all that. Thank you ED. I do fully see how you actually trade….you fraudster. Now that was worth the 3K I spent, but not the time that I wasted trying to copy your method, and your poorly thrown together so-called training material that we all received when we started. My job is done!

If anyone cares to add to this please be my guest, like I said my job is done…..Mark

The combine is next…BTW, I love the Topstep University, my goal is to transition from a scalper, but trade to larger zones for larger profits, and what I am learning is helping.








opentrdr View Post
Has anyone been to Ed's blog this morning? I just noticed that the 50% deal (HA!) is no longer being advertised. I have a few ideas why.


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  #128 (permalink)
the coin hunter
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tradermark2009 View Post
....

you make Ed works hard for his blog, link to other other blogspot is gone now there is a new link to sfveritas.org ?
On other hand I discover Ed the artist, I like his style Edwin Abreu: Artist Website

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  #129 (permalink)
Concord, CA
 
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@cory, I figured he would totally run and hide elsewhere. That blog was the original one that I signed up under almost 5 years ago. He is a smart old Dog, and I literally mean DOG.


cory View Post
you make Ed works hard for his blog, link to other other blogspot is gone now there is a new link to sfveritas.org ?
On other hand I discover Ed the artist, I like his style Edwin Abreu: Artist Website


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  #130 (permalink)
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@Jaguar52,

Why haven't you come to defend yourself, Ed?

You were soooo quick to write an illegible lengthy post (#17) to rebut Tiger45 and now as quiet as a mouse??

Your students are calling you a fraud. Why is there still no response from you???

Sure, go ahead and hide.. Your silence reveals your guilt and crime..

The trouble is.. Ed will reappear when the dust settles, and continue his cheating ways again..

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  #131 (permalink)
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tradermark2009 View Post
@cory, I figured he would totally run and hide elsewhere. That blog was the original one that I signed up under almost 5 years ago. He is a smart old Dog, and I literally mean DOG.

@tradermark2009

How long has this been going on? If you were a member 5 years ago, let's say 100 new members a year at $3500. That makes $1.75 million he has taken in membership fees.

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  #132 (permalink)
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pvlee View Post
@tradermark2009

How long has this been going on? If you were a member 5 years ago, let's say 100 new members a year at $3500. That makes $1.75 million he has taken in membership fees.

Don't know the answer to that, but whats funny is back in 2013 he had this on the blog:

Monthly subscription $200. USD

Now its...

Monthly subscription $50. USD

what a joke he is

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  #133 (permalink)
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The only joke is the large number of traders who actually paid for this course. always do your diligence and be sure the trades recorded are actually taken in a live market. Does Ed do this? NO Does he ever show a number of live trades using his methods? NO When I took a trial i asked to see his live screen again he refused.... Why all the winners that no one can verify? again no answer.
Of course Ed isnt the only one who trades "away" from the computer this forum is full of vendors who use all these tricks. In fact of all the vendors mentioned here I've only found one who actually trades live with full access on his screen." trades are sim but slippage on fills are accounted for.
Ed learned all the vendor tricks when he was a room moderator and just figured he could start a site put a bunch of bullshit on it and act like he was making big $$ every day. of course those who didnt have the proper means to see through his ruse get stuck for course fees and even bigger losses in their accounts...
The methods he used are actually protected under the warnings used on his site so remember always to do your work when using any vendor. Simply put when I called him out he refused to answer and eventually booted me. Go figure.

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  #134 (permalink)
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After reading these posts over last week, I must say I was really shocked. Edwin Abreau, better known as Pro Trader Ed and operating as Jaguar Trading Club, has really created quite an elaborate scheme here it appears. Even though I was never a club member, for quite some time he had me fooled also and I thought he was legit.

Why he has not come forward anywhere on his own behalf I think speaks volumes about what he has been doing. He also has made almost daily changes to his website including taking down his pay for club memberhsip, hiding his trading results, and posting his disclaimer all over his website. Previously, his disclaimer was in fine print at the bottom of the first page.. To me , none of this bodes well for a man who is honest and transparent.


Equally alarming is why none of his students have come forward since these recent allegations and validated his legitimacy in trading.. There has not been a peep from any one of them on this forum. Again, this does not bode well for the legitimacy of what he had been doing. You would think out of 70 or more club members over the years, at least one of them would come forward and validate his legitimacy, but no one is to be found.

I really hope justice prevails in this instance. Not only did Protarder Ed, Jaguar Trading Club , and Edwin Abreau take $3500 from many traders in what appears to be false pretences; he stole something more precious from them than money.. He stole time from them that they can never reclaim. I hope many of the members pursue the legal remedies at least get their money back.. Unfortunately , their time is lost and we all must move on.


Wolf

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  #135 (permalink)
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When I was a guest in his room, I asked a few questions about his method and got some very vague answers back. I understood that he didn't want to give away any information about his methods to someone who wasn't a paying member. I do remember him saying "You need to be me, to trade like me" Looking back I now realize how true that statement was.

I did find him a very odd character, quite narcissistic and full of his own sense of importance and yet when he did put on a trade he seemed totally stressed out. He even told someone to 'shut up' he wanted to concentrate.

He was always very keen for members to take the mic as he said he was bored doing all the talking. I now realize he needed this to happen so he could make a bunch of trades on sim and then delete the bad ones and post fantastic results for the day.

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  #136 (permalink)
Irvine Ca USA
 
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Been in the club for a year; its been all gravy. Seems most of what is posted here is by casual observers who never attended the room long enough to know anything about the club. or members who never made it through mic work, or chart work, or basic strategy work. Many, most, didn't participate in spending the time to do the real work, for whatever reason. In fact over 90% never finished the acid test, the 100 yard dash to prove their own stable psychology. So many attended so irregularly that they just quit and or decided this forum was a great place to vent about their own inability to demonstrate self control. I wasn't going to waste my time posting here, but people need to focus on trading rather than bash others. All I'm sayin is the system works and its real.

Say what you want; but trading is about self control. later.

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  #137 (permalink)
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Is this the Dave that helps the famous ProTrader Ed. WOW, you are GOOD.
I would expect the same crap from you as Ed. But, here after Ed was showing off Kenneth for almost a year...guess what he's GONE. So Ed is going to march you out now? Here, go take some arrows for the team. Kenneth said he could not support what has been going on in Ed's room, based on what TRUTH in this thread has stated. So you are saying that people should spend the money for a fraud. Somebody who had to photoshopped and/or delete his daily records to show the world he is a trading GOD. Someone who had no shame in doing so? Genius!

Dave someone said you and the rest of the Ed minions are drinking Kool-Aid, well, here's a news flash you are. See we just exposed your leaderís fraud, but you could care less.
You expect us to take in FAITH after what all has been done on his website, stripped to the bone, Matt removing his logo, futures.io (formerly BMT) saying he could not recommend ED, the post after fraudulent daily post exposed. Now you come here and say the people here are just complaining, poor traders, didnít take the time to learn Edís system. No we have pointed out REAL facts REAL FRAUD, in what YOU and Ed are doing. I know this maybe a reality flash for you, but we are only stating FACTís for the world to see.
All we wanted was Ed to be HONEST and display some truth on how he marketed, to how he traded, how he ran his room, and show people how he traded, as he said he would, nothing more. See it was too hard to see between the shades of gray to what was the truth to what was a bold face lie. Now you tell us we have no clue.

Dear Dave, we have a clue, and Ed cannot trade, HE is a fraud, and guess what that make you. You are a willing accomplice to all Ed ill gotten gains as he signed up one trader after another based on lies, that you help distort. If you had the lack of brains to come here and lecture us, I see you like Ed have no shame yourself. Now, please go back and drink more Kool-Aid, and get rid of that hangover.

After all the facts, you still come here and blame us, once again, Genius. You and Ed are what is wrong with this whole trading game. So many FRAUDS out there, no one knows who to believe anymore. If I were anybody who really wanted to learn how to trade, go take the Topstep training, and get some real facts on how to trade, and then go take some combines and see where you stand. Let these poor souls feast upon theme selves, they have nothing to offer. I know, I have been around the block. Go see how big Mike trades, and learn a little, please.



HiDiHoDave View Post
Been in the club for a year; its been all gravy. Seems most of what is posted here is by casual observers who never attended the room long enough to know anything about the club. or members who never made it through mic work, or chart work, or basic strategy work. Many, most, didn't participate in spending the time to do the real work, for whatever reason. In fact over 90% never finished the acid test, the 100 yard dash to prove their own stable psychology. So many attended so irregularly that they just quit and or decided this forum was a great place to vent about their own inability to demonstrate self control. I wasn't going to waste my time posting here, but people need to focus on trading rather than bash others. All I'm sayin is the system works and its real.

Say what you want; but trading is about self control. later.


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  #138 (permalink)
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@pvlee, when I was a member, I saw the same thing, and grew tired, of the negativity that he led the room with. Nice to see that iti still is the same. Wait, "shut up", because now I have to phototshop my daily log. Yep, he can trade, and this is just a glimpse of how he trades and treats his room. This is the same thing that @Tiger45 stated in the beginning, when Ed jumped him. Again, what is the truth, what is the lies, and trade in that environment? When someone cannot be transparent, we ask what is hiding and why. If we become suspicious of what a head trader is teaching them how does that affect the students. Trust in a training situation is EVERYTHING. If a trainer has been shown to be a fraud, can you ever TRUST that person again.

What we have shown here, is that Ed Abreau, ProTrader Ed is a fraud, yet, people who benefit by is fraud say we cannot trade. Well we can, just not what Ed showed us. Fraud, when sought in court, is a possible jail time offense, and for sure restitution to those who have been harmed. I would tread lightly on this Ed and Dave, we have evidence to go after your room in a civil case if we choose. We still have time on our side to make that decision, its not up to you, by name calling. The facts will and have spoken for themselves. If I were you do not add to that fire, its stoked already.



pvlee View Post
When I was a guest in his room, I asked a few questions about his method and got some very vague answers back. I understood that he didn't want to give away any information about his methods to someone who wasn't a paying member. I do remember him saying "You need to be me, to trade like me" Looking back I now realize how true that statement was.

I did find him a very odd character, quite narcissistic and full of his own sense of importance and yet when he did put on a trade he seemed totally stressed out. He even told someone to 'shut up' he wanted to concentrate.

He was always very keen for members to take the mic as he said he was bored doing all the talking. I now realize he needed this to happen so he could make a bunch of trades on sim and then delete the bad ones and post fantastic results for the day.


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  #139 (permalink)
San Diego
 
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I don't know Ed or ever attended one of his sessions. But this thread is becoming more like a bash thread - similar to what Elite Trader does. Ed may be a scammer - I don't know, but to repeat it over and over and over again and assume that anyone who writes something positive is also a scammer is a little too much. I hope futures.io (formerly BMT) is not heading that direction.

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  #140 (permalink)
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@BeachTrader,
I hear what you are @BigMike are saying. I think what is different here; Mike will not allow that to go that far.
@BigMike, Dave, is the same type of thing that Puretick did. Send in the minion to cloud the minds of the message with no facts. Again, this guy works with Ed, not sure if he is paid, as the others were who helped Ed room the room. I am sure we will not find out sooner than later, now.

What we did if you have read the whole thread is not just say wild statements. We backed everything up, based on what WE experienced in the room, over the last 3-4 years, what Ed posted, what Ed wrote, what Ed said. We only show those who cared for the truth, of what was behind the scenes. You have to give us credit, right?

Dave is not an innocent sign up at Ed’s, he actually runs the room with Ed and comes here and offers no facts, but said we lie, Ed can trade. Yet, people say we/I am bashing him. No, if someone is going to come here with no facts, just statements, and with that act as facts, where is the truth in that. We have posted post after post of outright trading fraud-does anyone care about the truth? One who works with Ed shows nothing, and we are wrong. I am not so sure that is correct. We just want Ed to close his room, to stop lying that he can trade. His fraud up to now shows that he can’t and should not be teaching. Please tell where I am wrong?
Isn’t fraud, fraud, or is it just a little fraud? Remember, this is how he got his students, and still is. Please listen to the truth, and what we posted, they have post NOTHING, just words.

I, to want this behind me as I am sure all parties do but the fraud has to stop. I again thank @BigMike for this forum. Just the facts and not emotion, please.



BeachTrader View Post
I don't know Ed or ever attended one of his sessions. But this thread is becoming more like a bash thread - similar to what Elite Trader does. Ed may be a scammer - I don't know, but to repeat it over and over and over again and assume that anyone who writes something positive is also a scammer is a little too much. I hope futures.io (formerly BMT) is not heading that direction.


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  #141 (permalink)
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amazing; kind of like "Lord of the Flies". and a sad state of the human mind, to find fear and hate in every corner without the right facts. I will not attack any of my brothers, or boast, or make any claim; but simply live with the fruits of my own labors. A true successful trader has no need but to focus on his own trading and success; therefore what others do is of no consequence. I will leave here now; in my own peace knowing I have hurt or deceived no man, and shake the dirt from my feet to move on with those souls who understand the fine art of trading.

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  #142 (permalink)
Phoenix, AZ
 
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As I have stated in the past, I was a member of The Jaguar Trading Club for about a year. I was a member of the room for more time than Dave. I spent more time in the room than Dave. Dave has been taking Ed's "acid test" for well over 8 months now. Dave's trading, in my opinion, has not gotten any better than when he first signed up for the club. This is based on what I have seen directly when Dave was given the opportunity to display his trading screens.

I witnessed numerous times where Dave would take trades that were on emotion. This is similar to a new retail trader "missing the train" and then chasing. Dave talks about controlling emotion. This is "the pot calling the kettle black". Dave also knows that he was attempting to sell memberships "out the back door" from the Jaguar Trading Club. Yes, I have a direct source who told me Dave was trying to sell Ed's membership at a reduced price. I also witnessed Dave trying to peddle water purification systems when Ed gave him control of the room and had left on one occasion. This is the truth. Could I really make this stuff up? It was a circus. Dave also is the member I had mentioned earlier (but chose to keep his name out of my statements) who loves to call out trades that have already happened. "I am long/short CL at this price". Well that was 20 seconds ago and now the trade is running in your favor. This happened some many times, I lost count. When I read Dave's statements I knew I could not sit around without speaking up. Dave might actually believe Ed because he has almost the same personality as Ed.

Someone said that we are all bashing Ed relentlessly. I speak just for myself. I want my money returned. I also do not want anyone else to waste their money or time with this scam. I also want Ed banned for life regarding trader education. He is a fraud. He does not give a c r a p about any of this as long as it disappears before the start of 2015 where he will continue his fraud. Vendor's (Ed) in my opinion should be held to a higher standard when showing/executing trades. The vendor is the one who is charging fees to obtain their knowledge. This is also where trust is so important. Ed has lost my trust. I think I speak for the rest of the traders who have been screwed by Ed-we're not going to stop until Ed is stopped.

I hope this thread remains on topic and Dave as well as others will continue to post their personal experience. Dave, after reading your post I got nothing. I would like to hear how Ed has changed your trading since you joined the club. Explain how his methods are better than a 48% or so win ratio? Please come up with something better than we are all lazy and none of us ever gave 100% to Ed's "method". That is a load of garbage.

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  #143 (permalink)
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HiDiHoDave View Post
amazing; kind of like "Lord of the Flies". and a sad state of the human mind, to find fear and hate in every corner without the right facts. I will not attack any of my brothers, or boast, or make any claim; but simply live with the fruits of my own labors. A true successful trader has no need but to focus on his own trading and success; therefore what others do is of no consequence. I will leave here now; in my own peace knowing I have hurt or deceived no man, and shake the dirt from my feet to move on with those souls who understand the fine art of trading.

There's a lot of anger here because people feel Ed stole money from them. Deliberately stole money.

You were in the room when this whole thing went down. Ed did his usual thing. Drags out his trade list showing another amazing session. He was accused in very clear language of being a fraud. Several times. He was asked repeatedly to show his DOM. He refused, got mad, said he had nothing to prove to anyone, and closed the room.

Ask yourself this, Dave. If you were trading like Ed claims, and someone accused you of being a fraud and demanded to see your DOM, what would you do? Probably drag your DOM out and say nyaa, nyaa, nyaa. DOM matches trade list. Case closed. Accusations crushed. So easy.

But what did Ed do? Closed the room. Sterilized his web site. Changed all the passwords. The last time Ed got mad and changed the passwords was when you tried to sell your membership to someone, remember?

I've seen you trade in the room. You show your DOM. Sometimes live, sometimes sim. That's good. It's honest. That's all anyone is asking Ed to do, but he refuses. Why? Because he can't. It won't match his trade list. Why is that? Because his trades aren't real.

If there's something about what Ed "teaches" that is helpful to you, and has made you a better trader, I'm happy for you. But for the other 68 out of 70 people over the past 5 years, there was little or nothing of value. True, there were probably some people that wanted the quick fix, red light/green light answer. But for others, myself included, we worked crazy hard on this. I for one, don't appreciate being called lazy. I might be a moron, but I'm not lazy.

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  #144 (permalink)
Los Angeles, CA
 
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HiDiHoDave View Post
Been in the club for a year; its been all gravy. Seems most of what is posted here is by casual observers who never attended the room long enough to know anything about the club. or members who never made it through mic work, or chart work, or basic strategy work. Many, most, didn't participate in spending the time to do the real work, for whatever reason. In fact over 90% never finished the acid test, the 100 yard dash to prove their own stable psychology. So many attended so irregularly that they just quit and or decided this forum was a great place to vent about their own inability to demonstrate self control. I wasn't going to waste my time posting here, but people need to focus on trading rather than bash others. All I'm sayin is the system works and its real.

Say what you want; but trading is about self control. later.


Sorry @BeachTrader, but I had to respond to this post. ďThe system works and its realĒ; this is your argument? You could have ignored all the facts and made the same arguments for Bernie Madoff. The funny thing is Ed sent out an email and told his members what to and what not to say. Ed might be a con artist but he is a brilliant con artist. Ed knew the facts are against him, which is why instead of saying he had nothing to hide, he immediately hid everything from his site. But if you had actually took Edís posting advice your post would have at least come across as sincere and I would not have responded to it.

First there are about 3 or 4 members that I thought might come to Edís defense. But Dave is a special situation. Ed has been grooming Dave to take over the room. Dave actually sold back door memberships and Ed sent out an email (shown below) changing the password due to Daveís actions.

2014-12-16_1809 - arafg's library

Dave you attack the posters, but yet show no facts. In fact your entire post is 99% fact free. In my post I actually showed evidence that the video Ed posted and told members was live trading; was not. I spent 60 plus hours a week for thousands of hours putting Edís teaching into practice and as I said I finally realized there was just nothing to get.

You talk about the acid test, yet you have been continuously in the acid test since the spring of last year and your have never passed. I have only heard of 2 members that ever passed the test and the only one of those 2 I have ever seen involved in the club was Ken Sklander, who passed the test over a year ago. But IMO opinion Ken became successful in spite of Ed, not due to Ed. Ken does not trade or manage the trades like Ed is teaching. After Ken passed the test Ed changed his setup to adopt Kenís setups. As Tiger45 pointed out most of Edís setup such as the Golden Boy, Silver Boy and Tap and Go are all Kenís setups. And the worst part of it is I have talked to Ken and he says Ed is explaining all his setups incorrectly. So now Ed is not only teaching Kenís setups, but doing it incorrectly. Yet even Ken, who was Edís poster boy, has come forth and discredited Ed. As Tradermark2009 said this had to be difficult for Ken and showed a lot of character.

Well, Dave if Edís teachings are really gravy for you, which I doubt, I wish you the best of luck. But members who feel they have been completely ripped off by Ed have every right to bring forth there experience and warn others.

@BeachTrader I wanted to briefly respond to your comment. If Dave posted his personal experience with the Jaguar Club, even if I disagreed, I would not have replied to his post. In fact you can see after my original post, Joe expressed his personal experience and even came after me a bit, yet I did not rebut his post, because I felt he had every right to express his opinion. But Dave has made groundless accusatory statements saying the system is great and the members posting here are just basically lazy and did not try. When you do that then you throw yourself open to rebuttal.

As far as I am concerned I think all that needs to be said has been said.

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  #145 (permalink)
Concord, CA
 
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This is some of the makings of another Marvel Super Hero...I hope they do not see this thread. Maybe the NSA will want to see how he does it.


opentrdr View Post
This is what Ed said this morning-

I am a great trader

I am a great boxer (he is into karate)

I am a great swimmer

I am a great runner

That is the truth. He is an exact definition of someone with narcissistic personality disorder.


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  #146 (permalink)
the coin hunter
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fourtiwinks View Post
Jaguar52,

Why haven't you come to defend yourself, Ed?

...

he can't, his counter argument posting may be interpreted as vendor self promotion and he could be perm banned.

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  #147 (permalink)
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cory View Post
he can't, his counter argument posting may be interpreted as vendor self promotion and he could be perm banned.

That isn't true. If he wants to answer some questions asked by members he is free to do so. A problem would only exist if he promotes his business or make unsolicited promotional posts talking about his service.

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  #148 (permalink)
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@cory, you are right Ed can't but he wants his room to do it for him. If that is the case, they cannot deny what has taken place this last week or so. They can only make veiled and failed statements that room mod Dave made. But they are fighting for the reason to still be a part of something, and still listen to Ed say how worthless we are.
As you all can see, we did not force Ed to hide and retract everything that we proved. He did that all on his own, that alone should say something. Just stop and think about it. Yet, people will still validate this mentorship as having any merit, with what he just did this past week shows he doesnít. He just wants to cause a little chaos, which I hope no one falls for. The truth is the truth, we proved that, yet we still have to defend ourselves. Sad, really!



cory View Post
he can't, his counter argument posting may be interpreted as vendor self promotion and he could be perm banned.


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  #149 (permalink)
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See attached email from Ed to Dave....yes dave " sad state of the human mind, to find fear and hate in every corner without the right facts.......in my own peace knowing I have hurt or deceived no man" a sad sad state indeed.

Those around Ed may not be innocent as they would like to be. We do not make the news we only report the sad sordid tales that have taken place. Does this make us proud, no.

BTW, if anyone has anything good to say like they have become a profitable trader, then please tell us. Just do not come in a say I can trade, Ed is great, just show a little proof has we have. Please be truthful and factual as we have. We will not so called attack anyone who can show some truth. But we have people who still are in the room, who feel they have been ripped off (they signed upand relied on those false records), and do not like losing time and money from a teacher who they thought was honest.

TY arafg for posting email, I deleted mine when I saw it come in some time a go.


HiDiHoDave View Post
amazing; kind of like "Lord of the Flies". and a sad state of the human mind, to find fear and hate in every corner without the right facts. I will not attack any of my brothers, or boast, or make any claim; but simply live with the fruits of my own labors. A true successful trader has no need but to focus on his own trading and success; therefore what others do is of no consequence. I will leave here now; in my own peace knowing I have hurt or deceived no man, and shake the dirt from my feet to move on with those souls who understand the fine art of trading.


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  #150 (permalink)
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Just took a look at the protradered.blogspot.com. Things have changed there. 'All trades are for educational purposes' is on the 1st line. 'No Refunds' on the 1st line.

The rest of the text sounds like some philanthropic foundation for the betterment of traders, with a few paintings thrown in.

You've got to love it !

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the coin hunter
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pvlee View Post
Just took a look at the protradered.blogspot.com. Things have changed there. 'All trades are for educational purposes' is on the 1st line. 'No Refunds' on the 1st line.

The rest of the text sounds like some philanthropic foundation for the betterment of traders, with a few paintings thrown in.

You've got to love it !

As long as the key word 'education' is there you are home free. I see the link to alt blog is back on top. It looks like he changes his page again.

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  #152 (permalink)
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The Jaguar Trading Club's blog has been completely scrubbed. I wonder if Ed (or his attorney) understands that all of Ed's preexisting clients who joined the club and paid the fee, joined under the old blog page (and the contract at that time) and all its conditions (little to none). Changing the verbiage only affects new clients going forward. Changing the look and feel might make Ed feel better, but it is not what I encountered when I signed up. Additionally, if the old blog details were not preserved that makes legal action (in my opinion) a little easier for "disgruntled" members. I can only speak for myself, but I am not "cyber-bullying" as Ed has recently claimed some of us are. Everything I have pointed out is true and witnessed with my own eyes.

I do think Ed has plans to return to "teaching". He sent out an email describing his thoughts about everything that has happened. He said he is "closing down all public operations". I don't know what that means. Just a few months ago, during a webinar, he stated that he would no longer be accepting new customers and by the end of the presentation he was already making exceptions.

It is obvious to me that Ed does receive a fairly decent income from his blog. He claims he does not. If he does not make much income then why continue? He claims it is all about teaching others his profitable concepts. But, Ed (at least when I was in the room) constantly was taking vacations from the room. However, when he was on "vacation" and did not open the room, he still posted GS-type results to his blog daily. Posting "god-like" results while on vacation and ignoring his paying customers (most traders like to learn during live markets) was something that numerous members really disliked. If Ed loves to teach, he sure has a unique way of showing it.

I still want my money returned to me. I still want Ed banned from any further trader "teaching/education". Ed obviously reads futures.io (formerly BMT) and knows that there are several of us "disgruntled" members with strong determination to stop Ed from defrauding new clients. Ed, do everyone a favor and disappear from the trader education world. Recently you were posting results around $4K a day (everyday). My math says you make seven figures a year. Go out and enjoy all that trading income and cease your trading "education" business.

I also want to point out that Ed and The Jaguar Trading Club is no longer an Education Partner with NinjaTrader. That changed within the last week. I will not provide the details as to who did what. However, this is a solid step in removing Ed and the webinars he conducted that were designed to attract new customers.

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  #153 (permalink)
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opentrdr View Post
The Jaguar Trading Club's blog has been completely scrubbed. I wonder if Ed (or his attorney) understands that all of Ed's preexisting clients who joined the club and paid the fee, joined under the old blog page (and the contract at that time) and all its conditions (little to none). Changing the verbiage only affects new clients going forward. Changing the look and feel might make Ed feel better, but it is not what I encountered when I signed up. Additionally, if the old blog details were not preserved that makes legal action (in my opinion) a little easier for "disgruntled" members. I can only speak for myself, but I am not "cyber-bullying" as Ed has recently claimed some of us are. Everything I have pointed out is true and witnessed with my own eyes.

I do think Ed has plans to return to "teaching". He sent out an email describing his thoughts about everything that has happened. He said he is "closing down all public operations". I don't know what that means. Just a few months ago, during a webinar, he stated that he would no longer be accepting new customers and by the end of the presentation he was already making exceptions.

It is obvious to me that Ed does receive a fairly decent income from his blog. He claims he does not. If he does not make much income then why continue? He claims it is all about teaching others his profitable concepts. But, Ed (at least when I was in the room) constantly was taking vacations from the room. However, when he was on "vacation" and did not open the room, he still posted GS-type results to his blog daily. Posting "god-like" results while on vacation and ignoring his paying customers (most traders like to learn during live markets) was something that numerous members really disliked. If Ed loves to teach, he sure has a unique way of showing it.

I still want my money returned to me. I still want Ed banned from any further trader "teaching/education". Ed obviously reads futures.io (formerly BMT) and knows that there are several of us "disgruntled" members with strong determination to stop Ed from defrauding new clients. Ed, do everyone a favor and disappear from the trader education world. Recently you were posting results around $4K a day (everyday). My math says you make seven figures a year. Go out and enjoy all that trading income and cease your trading "education" business.

I also want to point out that Ed and The Jaguar Trading Club is no longer an Education Partner with NinjaTrader. That changed within the last week. I will not provide the details as to who did what. However, this is a solid step in removing Ed and the webinars he conducted that were designed to attract new customers.

You are right. Why am I bothering?

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  #154 (permalink)
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Jaguar52 View Post
You are right. Why am I bothering?

So Ed, you admit all of the allegations towards you, your teaching and website? Wow.

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  #155 (permalink)
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Jaguar52 View Post
You are right. Why am I bothering?

Nice to hear from you, we missed you

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  #156 (permalink)
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Ed,

Please prove everyone on this thread wrong. I want to be proven wrong.

If you -
A) open your trade room on Monday to all
B) make 20 trades using 'your method', showing your DOM, proving that you are trading with real money in a live account
C) post 19 successful trades (which is a normal statistic for you over the last few months)
D) make all trades in the room, with you on the mic

I will -
A) apologize profusely
B) revoke my membership from this forum
C) shave my head in shame



Somehow, I think I will still be looking like Charles Manson this Christmas holiday

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  #157 (permalink)
Concord, CA
 
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@pvlee, Ed just should take a Topstep Combine. At least you get a verified 3rd party stats.
To tell you the truth, when he gets his head on straight I think he can pass it. To me ,to be a teacher/trainer passing it is a min. standard for anybody who takes $$ from others.

The sad part is that Ed has taken 70, well, its been more than that over the past 4 years, but to have 7 traders developed, not good. I think its less. You think if someone is paid to train, then training is the focus, but not Ed he for some reason blamed the students. I think its hard for Ed to do both well, trade and train/teach. I do not fault him in that, I fault him for blaming the students, as lazy. I know some that tried very hard, to become a student of his system, I was one.

I am not happy for being called a "cyber-bully" in his email to the students. We only made light on what we could prove, and we did. Nothing more, yet nothing less. We kept everything above board. That goes for @Tiger45, @opentrdr, @arafg, @Traderwolf. We took one liberity, and that was his paintings, well what do we know about paintings, really. Art appreciation 101, was a long time ago, and it was my only C in college.

We took this serious, we paid 3K to be told how lazy. etc. We just wanted to follow a trader who posted at first reasonable results, who may have took trading serious. When he took money he did do it too actually provide a quality service to the trading public? I hope he can get back to that, if that was ever his initial intentions.

If Ed really wants to Help traders, than he needs to read this thread and go back to what he initially promised in his blog and SF web sites. Good teachers, make hard subjects easier, I didn't say easy, just easier. It is always hard work, on both sides, when done correctly.
Trading like coaching: Good coaches, take average players and make them better with a lot of hard work on both sides

The question is, is Ed really a good coach? I cannot fully answer that, at this time I would have to say No since it seems he is in it for the income which he has gained through fraud due to his daily postings for the last 2 years..


pvlee View Post
Ed,

Please prove everyone on this thread wrong. I want to be proven wrong.

If you -
A) open your trade room on Monday to all
B) make 20 trades using 'your method', showing your DOM, proving that you are trading with real money in a live account
C) post 19 successful trades (which is a normal statistic for you over the last few months)
D) make all trades in the room, with you on the mic

I will -
A) apologize profusely
B) revoke my membership from this forum
C) shave my head in shame



Somehow, I think I will still be looking like Charles Manson this Christmas holiday


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  #158 (permalink)
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pvlee View Post
Ed,

Please prove everyone on this thread wrong. I want to be proven wrong.

If you -
A) open your trade room on Monday to all
B) make 20 trades using 'your method', showing your DOM, proving that you are trading with real money in a live account
C) post 19 successful trades (which is a normal statistic for you over the last few months)
D) make all trades in the room, with you on the mic

I will -
A) apologize profusely
B) revoke my membership from this forum
C) shave my head in shame



Somehow, I think I will still be looking like Charles Manson this Christmas holiday

I have been picking away at this entire thread over the last few days. It is clear that the vendor in question should join the incessant low life pool of shills, scammers and grifters that are scattered across the web, promising trading education and trading riches.

It disgusts me that people like this exist and take glee in fleecing genuine people wishing to get a helping hand in their trading education. It is shame this happens all too often and I myself have have fell victim to it in the past.

He is clearly not a trader. Never has been and never will be, but has managed to fly under the radar until recently.

The truth never goes away, and it always comes out. Looks like it's game over for this vendor.

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  #159 (permalink)
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This is what Ed posted and deleted:

Member "Jaguar52" writes:

Dasani View Post
So Ed, you admit all of the allegations towards you, your teaching and website? Wow.

Absolutely not. But of course you know this.

If you want us to make you look like what you deserve for being a fraud...keep it up!

We only stopped because we wanted too since you took down your fraudulent site postings. We have more to show the viewing public. It will be your call. You outright fraud!

Absolutely Not....Trade what you see? LOL, right! How about a 6k day, by using the look what I did using the remove drop down on NT7. Please do not get us started again, go back into the wood work, and take a time out. Remember, we let you off easy, this time. Ed Abreu, the Fraud (is a good keyword search). Remember, based on your fraud in the room and out they want thier money back!

Just because you deleted your fraudulent posts, doesn't mean they are gone. Isn't screen captures wonderful.

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JonnyBoy View Post
...It is clear that the vendor in question should join the incessant low life pool of shills, scammers and grifters that are scattered across the web, promising trading education and trading riches.

It disgusts me that people like this exist and take glee in fleecing genuine people wishing to get a helping hand in their trading education. It is shame this happens all too often and I myself have have fell victim to it in the past.

He is clearly not a trader. Never has been and never will be, but has managed to fly under the radar until recently...

Yes, that was what made me post in this thread too.

As an outsider, I do not wish to create unnecessary posts as we all know there are always two sides to a story. But it became very clear and troubling that Ed's students have VALID reasons for exposing Ed as a fraud.

Ed's subsequent actions and behaviour seriously indicate that he is trying to hide evidence, instead of defending his teachings.

Even more indicative is that Optimus Futures and NinjaTrader took actions to dissociate themselves from him.

But what really galls me is that Ed claimed that he could get Big Mike to reveal the futures.io (formerly BMT) members in this thread. With such a claim, he is insulting the integrity of the futures.io (formerly BMT) forum.


arafg View Post
... Right after this thread began Ed got upset and tried to get other members to rat out anyone posting here and then he said he and Big Mike went way back and he would get Big Mike to tell him who the posters were...

Up till today, Ed has NOT refuted that statement made by arafg, nor any of the charges made against him in this thread.

@Jaguar52, are you going to refute the charges against you? Or are you going to continue to enrich yourself with your scheme to con traders with your lies?

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  #161 (permalink)
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He has made no such request. Any future request would be ignored. I do not release private user information unless compelled by court order.

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  #162 (permalink)
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Have any of the people writing on here ever had a one to one with Ed? I have. I learnt more from that 2-3 hours than I could of done from any blog or web site. What it showed me is that he is genuine and has an enormous knowledge of the market which he is willing to pass on. The hardest part of trading is in your own mind and until you conquer that aspect you will never make it.

Are his trading results real? Trading with him during the one to one's I have to say I believe they are as he seems to have a brilliant trading brain. He continually calls the market and tells you when not to enter, the most important part for me. What Ed isn't is a sales man, more a grumpy old man at times but isn't it better to have someone tell you the truth rather than sugar coat it.

Dont normally get involved in forums but this thread seems to be misrepresenting what Ed is providing so I though I would add my experience.

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  #163 (permalink)
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gordon12 View Post
Have any of the people writing on here ever had a one to one with Ed? I have. I learnt more from that 2-3 hours than I could of done from any blog or web site. What it showed me is that he is genuine and has an enormous knowledge of the market which he is willing to pass on. The hardest part of trading is in your own mind and until you conquer that aspect you will never make it.

Are his trading results real? Trading with him during the one to one's I have to say I believe they are as he seems to have a brilliant trading brain. He continually calls the market and tells you when not to enter, the most important part for me. What Ed isn't is a sales man, more a grumpy old man at times but isn't it better to have someone tell you the truth rather than sugar coat it.

Dont normally get involved in forums but this thread seems to be misrepresenting what Ed is providing so I though I would add my experience.

You don't normally get involved in forums...which is why you registered at Big Mike's and it took 2 years for your first post...and to defend this shill. Laughable.

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JonnyBoy View Post
You don't normally get involved in forums...which is why you registered at Big Mike's and it took 2 years for your first post...and to defend this shill. Laughable.

Watch it please. Everyone is entitled to their own opinion. If you believe a post is suspect (vendor self-promotion, spam, etc) then use the Report Post feature. Do not engage the user directly.

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  #165 (permalink)
Market Wizard
Montreal, Quebec
 
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Big Mike View Post
Watch it please. Everyone is entitled to their own opinion. If you believe a post is suspect (vendor self-promotion, spam, etc) then use the Report Post feature. Do not engage the user directly.

Mike

Fair enough Mike.

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  #166 (permalink)
Hertfordshire England
 
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gordon12 View Post
Have any of the people writing on here ever had a one to one with Ed? I have. I learnt more from that 2-3 hours than I could of done from any blog or web site. What it showed me is that he is genuine and has an enormous knowledge of the market which he is willing to pass on. The hardest part of trading is in your own mind and until you conquer that aspect you will never make it.

Are his trading results real? Trading with him during the one to one's I have to say I believe they are as he seems to have a brilliant trading brain. He continually calls the market and tells you when not to enter, the most important part for me. What Ed isn't is a sales man, more a grumpy old man at times but isn't it better to have someone tell you the truth rather than sugar coat it.

Dont normally get involved in forums but this thread seems to be misrepresenting what Ed is providing so I though I would add my experience.

Gordon,

I'm sure a 1:1 with Ed would leave you feeling impressed with his advice. No one is saying he doesn't talk a good game and he is correct in saying that dealing with the psychological aspects of trading is vital. The problem is that his phenomenal success just cannot be verified. People who have been in his trading room observe break even trading but his off screen trades are nearly all successful. I personally witnessed this and suspected something was amiss because I couldn't reconcile his trading results with what I saw with my own eyes, but I thought the ninjatrader performance page does not lie. It was only when it was pointed out on this thread that it was very easy to delete trades from ninjatrader, that everything fell into place.

Before his results were removed, I would say 280 of his last 300 trades were winners. This is not feasible and I should know. I have spent 2 or 3 years slowly losing money or breaking even. It's only in the last 6 months that I have become consistently profitable on a weekly basis.

I hope Ed can show that his results are real because there is a lot of ill feeling towards him on this thread and If he is fixing his results to lure new members, he deserves much worse than he's got here.

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  #167 (permalink)
Los Angeles, CA
 
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gordon12 View Post
Have any of the people writing on here ever had a one to one with Ed? I have. I learnt more from that 2-3 hours than I could of done from any blog or web site. What it showed me is that he is genuine and has an enormous knowledge of the market which he is willing to pass on. The hardest part of trading is in your own mind and until you conquer that aspect you will never make it.

Are his trading results real? Trading with him during the one to one's I have to say I believe they are as he seems to have a brilliant trading brain. He continually calls the market and tells you when not to enter, the most important part for me. What Ed isn't is a sales man, more a grumpy old man at times but isn't it better to have someone tell you the truth rather than sugar coat it.

Dont normally get involved in forums but this thread seems to be misrepresenting what Ed is providing so I though I would add my experience.

Gordon, I had not planned to post again, but I will answer your question, because I understand where you are coming from. In fact there was a time I could have seen myself making the same post. I want you to understand for me to come to the realization that Ed is a fraud was a painful process.

Not only did I do the 1 on 1 with Ed, I spent hundreds of hours watching the recorded one on ones; some of them 2-3 times. At first I thought this guy must be a trading genius. As hard as it is to believe, his one on one trading was even more amazing than his blog. He called every turn in the market. He would be up hundreds of ticks in 2 hours. I was truly amazed. And he even had explanation why he took that specific trade. But as time passed and I replayed data again and again (I literally spent thousands of hours replaying) things just did not add up. I started to ask him why did he take the trade here but yet under the same market structure and conditions he does not take it here. He could not give an answer. Nothing was consistent or repeatable. There was just nothing I could take away, apply and trade profitable.

On top of that I started to see all the other inconsistencies that just did not add up. How could his videos and blog be so amazing day after day yet when he trades live he loses money, why when he trades live and loses money does he say there is no endless winning and then gets a student on mic and then continue to trade and call out winning trades in hindsight, why would there be a student taking the trade exactly as Ed instructed and then when the trade went south, Ed would say: “why did you take that one“. I could go on and on. You have been in the room you must have seen some of the things I am talking about.

But even with the inconsistencies and things not adding up to me, I just could not believe anyone would fabricate all this, until I hit a point where it was like the straw that finally broke the camel’s back. I just realized this whole thing was an illusion. And once I did that everything, all the inconsistencies, made sense to me. Some of the conclusion I drew.

1) He could not trade live profitable, because he cannot trade profitable,
2) His amazing videos (as I documented) were replay not live,
3) His Blog results were faked, which is why they were so amazing,
4) He had to get a student on mic because he could not trade profitable, he needed the time to fake his trades, plus he could call out winners in hindsight to impress the trials to join,
5) His one on one trading was so amazing because he was looking at the chart and he knew exactly what the market was going to do.

This explained why his student failure rate is higher than if you just bought a day trading book and studied it.

And believe me this was not easy to accept. After all, what kind of person would do this and why? Did he get so hooked on the money or was it an ego thing. I have no idea.

And as I said coming to the realization for me was painful. I had been ripped off by others selling courses and trading rooms. Here I was being ripped off again and now I have to start all over again after wasting thousands of hours studying this method. As I posted previous I just eventually came to the realization there was just nothing to get. Ed may have helped some people. In fact some of the members seemed to be trading profitable before they even joined. So maybe Ed helped them with the psychological aspects. I can only express my experience.

Just one final thought. No one innocent responds the why Ed did. Someone in the room stated they were calling him a fraud on BM and asked him to show his DOM. He refused and closed the room. Now he has hidden everything and closed the blog. What innocent person does this?

As many have posted here there were easy ways he could have come out and showed he was a real trader. One person even offered to shave his head. Ed all you had to do was pick a market and put your DOM up where we can see it. The DOM should say $0. Now just trade what you see for the next couple of hours. Don't move your DOM or stop the recorder. You should be up at least 100 ticks within a couple of hours, just like you've done every day for the past several years. And BTW your original blog stated you can watch over my shoulder as I trade so I think that is a pretty reasonable request.

In addition he might be able to get his broker to provide a statement that his trades were executed as he showed. You know in the room he repeatedly stated he trades live.

To me this would be like you hire a contractor to build a sun room and he says he has done 100’s of sun rooms and then you ask for 3 references and instead of giving you those reference, he changes his number and closes his business.

I talk to fellow members and I know even now there are still a few members that defend him. Each person has to evaluate the facts and come to their own conclusion.

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  #168 (permalink)
the coin hunter
virginia
 
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the latest;
This blog is open to invited readers only.

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  #169 (permalink)
Concord, CA
 
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Hi @cory

I am wondering if his weekly log of the 71-2 week will re-appear inside, will the 6k day with 2 small loses, are they gone for good.
I like how Ed totally changed his site and trading room once we pointed out what he was doing and really the biggest thing was HOW.

This will just show he will never be able to become a NFA member, since we still have all those logs.
Once a newbie reads this and if they give him a second thought then they deserve to have their money separated from themselves.

When you pay for a trader to teach you his profitable way, just because they can talk and chew gum in market replay doesn’t mean they can trade for a living.
Looks like lil Gordon12 hasn’t understood that….yet, that’s understandable. Gordon12, it was not us who misrepresented Ed, clearly it was Ed who wanted to become larger than life in his world. If you want to trust your trading life to such a person as that then good luck.

Sooner than later everyone finds the truth about that. Mainly its after a lot of money is spent before they see the truth. For most it comes much too late.

The last post Ed made was a defiant “Absolutely Not” which he later deleted.

See the jpg from his now deleted web page. The top box for me it pretty much says all it needs to say, well at least for me.



cory View Post
the latest;
This blog is open to invited readers only.


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  #170 (permalink)
the coin hunter
virginia
 
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time for a brand new blog?

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  #171 (permalink)
london uk
 
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cory View Post
time for a brand new blog?


LOL, how funny is this, yes I'm sure he will come back or maybe 2015 is a time for inner contemplation, its obvious he has ripped lots of people, so good luck with all the demons he has to face, and I'm sure there are lots!

On a positive note, thank you guys for everything, hope you have a lovely Christmas and a Happy New Year!

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  #172 (permalink)
Hertfordshire England
 
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Merry Christmas to all those who have contributed to this thread. I hope all ex club members can move forward with their trading. Obviously money and time has been lost but it is possible to be successful in this business.... It's just not as easy as Ed made it appear.

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  #173 (permalink)
london uk
 
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Looks like the blog is back online

"Monday, December 29, 2014

Contact me with your full name, join date, location, email on record if you want to remain a member and access the club libraries and activities."

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  #174 (permalink)
Canada
 
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Just....wow. I have to say he did a good job pulling the wool over my eyes. I never looked incredibly closely due to the price but I had the incorrect feeling he was "legit". I do wonder if he was at some point above board or trading well and just had it all slip away. Markets changed or whatever... Not an excuse of course. This whole thread is a brutal read.

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  #175 (permalink)
Marketing Specialist
Portland, Oregon
 
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DrRumpy View Post
Just....wow. I have to say he did a good job pulling the wool over my eyes. I never looked incredibly closely due to the price but I had the incorrect feeling he was "legit". I do wonder if he was at some point above board or trading well and just had it all slip away. Markets changed or whatever... Not an excuse of course. This whole thread is a brutal read.

If someone has a system that works, they are not gonna share or sell it. Only once it stops 'working' does it go on 'sale'.

I will never understand peoples drive to follow educators. Odds are most people will fail over the long term. Key in this business is to get in and get out with dollars still in your pocket.

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  #176 (permalink)
Joplin, MO
 
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At least the word is out here on Big Mike's. What a worthless farce this guy is. I see he is still doing webinars with Ninja. Too bad. I wish the SEC would catch up with him for all the bogus trading results he use to post to "prove" what an incredible trader he was.

Lesson for anyone wanting to try a trading room, mentor, training program, etc. Ask them to put you in touch with 5-6 former students that have been through the program and are now using the techniques successfully to trade for income. I have never found even ONE that would/could. People can be trained to be physicists, engineers, doctors, they could be trained to be a successful trader if anyone actually had a program with decent instruction. It is a shame this profession is so full of charlatans and crooks.

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  #177 (permalink)
Site Administrator
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alans View Post
I see he is still doing webinars with Ninja. Too bad. I wish the SEC would catch up with him for all the bogus trading results he use to post to "prove" what an incredible trader he was.

If a bad vendor is a @NinjaTrader "approved" vendor (listed on their website) then you should not cease contact with NT until you have demonstrated to NinjaTrader they should be removed from their list.

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  #178 (permalink)
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arafg View Post

After being a member I am so convinced Edís blog is fake, I will put my money where my mouth is. I will put up $100, maybe @Big Mike will be willing to hold it in escrow, and donate it to the charity of Edís choice if he can trade profitable for just one week.

This offer should be given to all self-proclaimed "trading geniuses".

I'll throw in another 100 just for shits and giggles to root out this scam.

Sincerely,

TheSpyder

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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  #179 (permalink)
United States of America
 
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alans View Post
At least the word is out here on Big Mike's. What a worthless farce this guy is. I see he is still doing webinars with Ninja.

Has he done any webinars since he was "outed" here in this thread? I don't see any. I think he is in hiding from what it looks like. His site looks private to the public.

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  #180 (permalink)
Hertfordshire England
 
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I've received an email from ProTraderEd telling me he is about to retire after 15 years trading. Everyone who knew he was a fake, managed to get him to close down his website a few months ago, but apparently a few of his die hard members, having already paid the one off membership fee, wanted him to continue with the room - After all, they'd paid for life time membership.

I assume he has soldiered on in the room with no new business for a few months but now he seems to have given up on that. I just hope he had the morals to pay his few remaining fans their membership fee back.

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  #181 (permalink)
Johor Bahru, Malaysia
 
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I just want to thank all of you again for stepping up and pressing on on exposing him.....

I was about 60% decided on taking him up on his Special 50% off promotion during that Christmas period.

Can't image where I'll be now if I had done that.... man.

Even if he doesn't give the refunds, at least the next best thing is he can't rip off any more people...... Just puzzled as to why he still continues to make that link to those screencasts public and take the trouble to post the fake results daily though... Funny man....

Cheers!

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  #182 (permalink)
Hertfordshire England
 
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Looks like Ed is back. He is available for 1:1 training

Jaguar Trading Club


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  #183 (permalink)
San Diego, CA, USA
 
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pvlee View Post
Looks like Ed is back. He is available for 1:1 training

Jaguar Trading Club


I think he's always offered that. What's new and interesting is the mentoring service offered by his graduate. It's only $1,900 which is down from $6,700. He was running a Labor Day promotion where 3 students could join for the price of one. Bet those guys are feeling dumb now.

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  #184 (permalink)
Hertfordshire England
 
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Tiger45 View Post
I think he's always offered that. What's new and interesting is the mentoring service offered by his graduate. It's only $1,900 which is down from $6,700. He was running a Labor Day promotion where 3 students could join for the price of one. Bet those guys are feeling dumb now.

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I wonder how much Ed's cut is?

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  #185 (permalink)
San Diego, CA, USA
 
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A suggestion on how to spend your trading profits.


Selfie Shower Curtain by Edwin Abreu

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  #186 (permalink)
Concord, CA
 
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That's almost unbelievable! I guess that's why he can sim trade and tell others never sim trade. Call his students stupid almost daily. Be 71-2 for a week, in his blog but be a 50% trader in the room. Thanks Tiger for the heads up.
I have to admit he got me good, I thought it was all me for about 2 years.


Tiger45 View Post
A suggestion on how to spend your trading profits.


Selfie Shower Curtain by Edwin Abreu


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  #187 (permalink)
Concord, CA
 
Experience: Intermediate
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Is it me or is this guy a clone of Ed how he phrases his words related to trading. Looks like he has the Sim trading down as well as remove bad trades as well. Welcome to the 90% club, just like Ed.


pvlee View Post
I wonder how much Ed's cut is?


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  #188 (permalink)
Hertfordshire England
 
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Tiger45 View Post
A suggestion on how to spend your trading profits.


Selfie Shower Curtain by Edwin Abreu

He certainly looks worried in those pictures

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  #189 (permalink)
The Moon
 
Experience: Intermediate
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pvlee View Post
He certainly looks worried in those pictures

Not so sure about the the selfies for sale at the moment - i.e. shower curtains, iphone covers, bags....

I reckon he will get more interest in something like a selfie dart board

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  #190 (permalink)
San Diego, CA, USA
 
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theace View Post
Not so sure about the the selfies for sale at the moment - i.e. shower curtains, iphone covers, bags....

I reckon he will get more interest in something like a selfie dart board


I might buy some selfie toilet paper.

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  #191 (permalink)
United States of America
 
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For those of you who used to trade with Mr. Ed, did he trade breakouts?

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  #192 (permalink)
The Moon
 
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Dasani View Post
For those of you who used to trade with Mr. Ed, did he trade breakouts?

In my time - Mr Ed. traded 3-range bars as follows:

1. Mark out a price range and trade long from the bottom / short from the top - looking for some sort of confirmation - what ever that was - hence the demise.

2. Wait for a box to form (congestion of several bars) - then
a. trade a 3 bar reversal (which often went more than 3 bars) - basically a mini contiguous move from the box that suddenly stops = change in sentiment (so you take the trade the other way)
b. A break-out from the box

3. A break and re-test of support/resistance

4. A break of a super-trend like indicator - which he automated at one point - called the JAT - Jaguar Automated Trader

5. Something he called a golden boy - which was a W or M pattern at S/R

6. A touch and go - price makes a half a dozen bars - then stops - usually at some obvious point - that was the Touch - then when it reversed - enter the trade on close of the next bar - if the Touch and Go failed - reverse and go the other way...


Seems like the other area of trading skill was around editing the Ninja Trade Log for the website.

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  #193 (permalink)
Gallup NM USA
 
Experience: Intermediate
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DO NOT WASTE YOUR TIME>>>>>> There is nothing beneficial from Ed's teachings....wasted a lot of time and energy.

I even wrote a post supporting him before everything came to light. How foolish of me...lol... Please note I have asked futures.io to delete my post #22 supporting Ed.

In light of his dishonest and unethical practices, I am retracting all statements of support of Ed and his sites. Plain and simple I was duped.

AGAIN:

DO NOT WASTE YOUR TIME>>>>>> There is nothing beneficial from Ed's teachings....wasted a lot of time and energy.

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  #194 (permalink)
Hertfordshire England
 
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theace View Post
Seems like the other area of trading skill was around editing the Ninja Trade Log for the website.

LOL

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