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mastersoftrading.com - Stay away at all costs


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mastersoftrading.com - Stay away at all costs

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  #1 (permalink)
 Shredder 
Winnipeg Canada
 
Experience: Intermediate
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Trading: TF, ES , NG
 
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Hi everyone,

I just attended the OTC event presented by Masters of Trading ( Master of Trading ) and I wanted to warn any fellow members of this site and his offer.. I was pretty excited to attend the OTC webinar after reading the summary, which sounded almost too good to be true, but wanted to check it out anyways.. But to my surprise (or maybe lack of ) this was a previous presenter using another new business name.. His name is Mark Katzenberger, but he won't mention that, he only calls himself "lead trader" and his previous company names are XMAtrading.com, Bouncetrade.com, SuperScalpTrading.com, and EZProTrading.com ..None of those sites exist anymore.. I gave him money back in the EZProTrading.com and BounceTrade.com days. And have since seen him go on to have a couple more "scam" sites. The XMATrading.com site was his last venture and he was promoting it through a OTC webinar just a few months ago, and upon membership purchase it was supposed to include another lifetime membership, however that site no longer exists either.. Also his performance pages that he provides just prior to these webinars have some pretty high numbers, but that all changes after he sells more packages to unsuspecting buyers. The numbers/results page will quickly change and seem to stop being updated after just a couple weeks.. His current Masters Of Trading site is boasting some pretty big results, but I'm sure that will quickly change as it has previously.. I asked him a few questions today, but he avoided answering anything about xmatrading.com , and anything about the money back guarantee specifics was also avoided.

You can also search Big Mike Trading for a review of Bouncetrade.com which was one of his previous businesses( that again no longer exists).. Also on ripoffreport.com there is a complaint filed about his ezprotrading.com business.

I always come here to read reviews on vendors and services, and the reviews are always helpful.. And I just wanted to do my part and warn any fellow members about this one, and hope that no one else gets suckered into another one of his ventures.. "Buyer Beware" is very applicable here.


Thank you,

Shredder

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  #3 (permalink)
 estrade 
Austin/TX
 
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Big webinar today...

anyone else from the current room.. I was about to join.. but looking for more comments...

His posts for the last 2 months are very excellent! So I'm not sure what to think but to give it a shot.

Anybody currently in this trading room?

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  #4 (permalink)
 Big Mike 
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Given your experience, you should be reporting everything to the CFTC.

Also, how did you pay him? That information could be used to file a suit

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  #5 (permalink)
 rptrader 
MN
 
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I agree 100% with Shredder. I knew it was the same guy the second I heard his voice. I purchased his system a year ago because there was a guaranteed refund if the system didn't make money. The system did not make money, it actually lost a lot, and he never issued my refund. I paid through Paypal but it was after their 45 day window so I couldn't file a claim with them.

Stay away at all costs!!! I have the emails going back and forth about him saying he would issue a refund then coming up with excuse after excuse. So he let me try his new "system" for free. Same thing. I also know others who purchased the old systems and lost a lot of money.

It's the same guy. Same exact 4 markets, same promises of trading for an hour and being done. None of it is real. Feel free to PM me if you have any questions.

rptrader

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  #6 (permalink)
 nquisitive 
Greenville SC/USA
 
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There is a youtube video presented by Ninja from EZProtrading.com with the presenter identified as Mark Katzenberg by the Ninja rep. This presenter definitely did the mastersoftrading webinar yesterday. The voice is unmistakeable.

I spent some time digging through youtube videos for XMAtrading.com, Bouncetrade.com, SuperScalpTrading.com, and EZProTrading.com. I heard two voices in them, one was Mark Katzenberg and the other was the same person who did the two mastersoftrading youtube videos purported to demonstrate trades from March 2015.

Many thanks to Shredder and RPtrader for helping others who are trying to do their due diligence.

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  #7 (permalink)
 Big Mike 
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Make sure you also file grievances with @NinjaTrader since that is how they are bringing in new customers.

Mike

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  #8 (permalink)
 rptrader 
MN
 
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Big Mike View Post
Make sure you also file grievances with @NinjaTrader since that is how they are bringing in new customers.

Mike

Will do. Thanks @Big_Mike!

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  #9 (permalink)
 estrade 
Austin/TX
 
Experience: Advanced
Platform: NT
Trading: ES, TF
 
Posts: 49 since Jun 2010
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Masters Of Trading

Hi, I'm still looking for someone in the room the last two days since the seminar.

they posted
March 26th, 2015
Slow day again but had two small runners. 4 Trades 1 loss. HG +29 Ticks, ES +21 Ticks, GC +20 Ticks. Net Gains +61 Ticks.

March 25th, 2015
Not much movement today. No big runners. 9 Trades 1 loss. GC +34 Ticks, ES +23 Ticks, CL +3 Ticks and HG N/T. Net Gain +60 Ticks.


This is unheard of in the industry. I'd like to get a current update. I do understand all of the old systems and video's.
But I want to know what is going on live. They will not do a trial, no matter what which is a concern.
Why can't they just do one day on MUTE, and not teach. So we can see the DOM and statement.
Who wouldn't pay $1000 and $300/mo after 60 days.

The only other red flag is that today is the last day for the "deal" as said before!

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  #10 (permalink)
 Big Mike 
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Manta, Ecuador
 
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Posts: 50,182 since Jun 2009
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Mike

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