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KongZanaTrading live room plus strategy

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  #101 (permalink)
 JonnyBoy 
Market Wizard
Montreal, Quebec
 
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Serif View Post
Just go to NT control panel, you will find a tab called executions, make a screen shot and you can paint your account detail in black so nobody can see your account number. Post it here and the hole scam false apart.

If @sharmas was a vendor I would say yes go ahead and show us your end of month/end of day trading statements for proof of this strategy working. But he isn't a vendor and he is only informing people of his findings with this particular vendor in question so he doesn't have to do a damn thing. I don't think the "whole" scam has a true or "false" "hole"...

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  #102 (permalink)
 sharmas 
Auckland
 
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Serif

I dont owe you anything or you to me.

If you asked me nicely, i would have more than happy done it for you.

With some one so uneducated and lacking of simple ABC of timeline, i do not have any time for you


You made reference to the method to another method which is not even close to it. Seems like you have an issue with VK or again another serious issues.

Sharmas


Serif View Post
Just go to NT control panel, you will find a tab called executions, make a screen shot and you can paint your account detail in black so nobody can see your account number. Post it here and the hole scam false apart.


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  #103 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
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Thank you @JonnyBoy and appreciate your input.

I use VK's strategies

Proof that i pay for the services

Dear Saten Sharma,

You sent an automatic payment to VBK Kazana LLC. Here are the details:

From Amount: $462.48 NZD
To Amount: $299.00 USD
Exchange Rate: 1 NZD = 0.646515 USD
To: VBK Kazana LLC
For: KongZanaTrading Strategy Lease

And what a business i have that i pay myself for the lease of strategy . Make me laugh... Sorry had enough of this


JonnyBoy View Post
If @sharmas was a vendor I would say yes go ahead and show us your end of month/end of day trading statements for proof of this strategy working. But he isn't a vendor and he is only informing people of his findings with this particular vendor in question so he doesn't have to do a damn thing. I don't think the "whole" scam has a true or "false" "hole"...


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  #104 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
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Then to waste on someone so uneducated.

I have and the forum is the evidence that i have called a spade a spade and have exposed or helped expose Scams. I have joined VK for his education and honesty and trading knowledge

VK has instilled in me the discipline and trade like a machine mentality and also how to trade with Algos.

My last reply to @Serif and i wish you nothing but blessed day and wish you the best and that you learn to trade rather than looking for holes in every thread.

Come out clean if you have any issue as people on this forum are very good and will assist you

Sharmas



Serif View Post
The problem is that a lot of people are falling into this scam.

The reason that you will not and cannot post the execution table is that those trade will appear as hand added and not real executions.


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  #105 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
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Using STS Strategy

One contract

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  #106 (permalink)
 phantomtrader 
Reno, Nevada
 
Experience: Advanced
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Serif View Post
The problem is that a lot of people are falling into this scam.

The reason that you will not and cannot post the execution table is that those trade will appear as hand added and not real executions.

I wouldn't normally butt into a conversation like this but you're wrong. Sharmas is not a vendor. He happens to be a nice guy.

I take trials of just about everything that is offered - I can tell you that VK is a damn good trader. Doesn't matter what indicator he uses, etc. The guy has a setup, discipline, knows how to get in and out of a trade and keep his money. Sounds easy doesn't it? Well it's not. He's also a good teacher. Anyone who thinks they can just sit in a trading room and copycat trades is in the wrong business. The guy is teaching something very useful especially for new traders. Old traders like myself need a refresher once in a while too! It's easy to lose your discipline and focus.

Anyway, just thought I would put my 2 cents in as I hate to see people demonized with no substantiating evidence.

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  #107 (permalink)
 sharmas 
Auckland
 
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Thank you so much phantomtrader and for me to become a vendor i need to have success and success that is consistent as i dont think i will ever become one as i want to make few dollars a day and have enough to replace my income and do this full time

Its a dream and i always say there are few people who make the world go around with their hot air and we do need those people.....lol


And you are so right and yes i do go from room to room and for time being i have found the right room and teacher in VK and KangZana Trading room.
and VK is damn good trader and also a very humble guy.

This is his 10 day cycle.. I would love to make half of what his makes and i will be happy

Sharmas


Follow the TREND not so called "Experts"
2016 10 Days Cycle
Daily goal of $1,000 - Today's performance - ZB +$1,418
Daily goal of $1,000 - Today's performance - DAX, ZB, NQ, TF, CL +$4,154
Daily goal of $1,000 - Today's performance - DAX, CL, TF, ZB +$4,927
Daily goal of $1,000 - Today's performance - DAX, ZB, CL +$1,984
Daily goal of $1,000 - Today's performance - DAX, CL, ZB +$2,544
Daily goal of $1,000 - Today's performance - DAX, CL +$3,247
Daily goal of $1,000 - Today's performance - DAX +$1,211
Daily goal of $1,000 - Today's performance -
Daily goal of $1,000 - Today's performance -
Daily goal of $1,000 - Today's performance -
Total P/L this cycle +$19,485



phantomtrader View Post
I wouldn't normally butt into a conversation like this but you're wrong. Sharmas is not a vendor. He happens to be a nice guy.

I take trials of just about everything that is offered - I can tell you that VK is a damn good trader. Doesn't matter what indicator he uses, etc. The guy has a setup, discipline, knows how to get in and out of a trade and keep his money. Sounds easy doesn't it? Well it's not. He's also a good teacher. Anyone who thinks they can just sit in a trading room and copycat trades is in the wrong business. The guy is teaching something very useful especially for new traders. Old traders like myself need a refresher once in a while too! It's easy to lose your discipline and focus.

Anyway, just thought I would put my 2 cents in as I hate to see people demonized with no substantiating evidence.


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  #108 (permalink)
 phantomtrader 
Reno, Nevada
 
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Serif View Post
VK has to give Emmett Moore from Trading Schools.Org - Live Trading Rooms, Trading Software, Trading Mentors, Brokers a call and apply for the ´´The Robot´´ to track his trades.
I bet he or you will give an excuse, you can´t fool ´´The Robot´´.

VK doesn't have to do anything. If you don't like his trading style, then don't join his group.
But don't accuse people of being dishonest or running a scam without evidence.

I think your response is typical of people who think "If I can't do it, neither can anyone else".
I've been in this business a long time. The guy is a good trader. He likes to teach.
There are many ways to skin a cat - his is one way. I use MP, Jigsaw and John Grady.

The point here is it's wrong to accuse someone of a scam without hard evidence. Please refrain from doing that.

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  #109 (permalink)
 bobwest 
Site Moderator
Sarasota FL
 
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There may be no point in jumping into this controversy, but I'll just add a thought or two and then bow out.

First, I have no idea whether vk is legit or not, and it isn't anything I'm going to spend time on. There are many, many vendors out there. Some are fair to good, some are lousy, some are fakes. Maybe some are even very good. I am not looking for help there, and don't care one way or another.

Second, this is a vendor review thread. So, anyone with an opinion would contribute more if they had actually tried the vendor's product, and had good or bad things to say based on real experience. No experience = no value. I apologize if any of the critics do have real experience that I missed, but I wouldn't want to use someone's opinion that didn't have something in their own experience to back it up.

Third, I do agree with the general idea that most vendors are worthless, so I do think it is right to have a very high level of skepticism about all claims. It is also perfectly good to challenge any claims, in the sense of asking for actual validation. "Validation" could, for me, include that someone who is known on the forum has used it successfully. This comes back to the experience question. I would also say that the perfectly reasonable attitude of skepticism needs to be governed by the limit of someone's actual experience. So just saying that something is definitely a "scam," just on the general principle that all vendors are unreliable, is going further than the person's actual knowledge.

(Also, "scam" is about being deliberately crooked. That is not the same as not having something that is not really valuable. One is similar to an accusation of a crime; the other is simply the -- usually correct -- observation that they don't know anything. There is a big difference.)

Fourth -- and I'm finally getting to my point -- personal stuff about known forum members is not useful, period. Unless you really know something about them, and then you should PM @Big Mike and let him handle it. If someone is a shill for a vendor, then, according to the rules, they should be banned. Mike does that when necessary. So if anyone thinks this is the case, Mike should be informed. He will want some evidence, however.

------------

Now, as to cases, @sharmas has been around here for a while and has not been credibly shown to be a shill for this vendor, or any other I am aware of. He does post in a journal, and explains the trades, and lately they seem to be based on this guy's "system." I would take his charts and explanations as showing that he is using it. I am not going to trouble myself about whether I should use it, but who cares about that? And who cares about whether anyone else should?

It is not helpful to be slamming people whose only fault may be that they believe in a vendor's product that you may not, for good reasons or bad. This is a vendor review thread, so it has people's opinions of vendors in it. If there is no reason to think that someone with a positive comment or review is lying, it is wrong to assert that they are. And any such assertion, like the assertion of "scamming," is an assertion of wrongdoing that needs to have evidence.

We should be civil here. There are bad people and bad vendors. So what? Attacks without evidence are not justified.

I'll bow out now. Whether this vendor is any good is not my fight. But civility in the forum is.

Bob.

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  #110 (permalink)
 xplorer 
Site Moderator
London UK
 
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bobwest View Post
Second, this is a vendor review thread. So, anyone with an opinion would contribute more if they had actually tried the vendor's product, and had good or bad things to say based on real experience. No experience = no value. I apologize if any of the critics do have real experience that I missed, but I wouldn't want to use someone's opinion that didn't have something in their own experience to back it up.

Third, I do agree with the general idea that most vendors are worthless, so I do think it is right to have a very high level of skepticism about all claims. It is also perfectly good to challenge any claims, in the sense of asking for actual validation. "Validation" could, for me, include that someone who is known on the forum has used it successfully. This comes back to the experience question. I would also say that the perfectly reasonable attitude of skepticism needs to be governed by the limit of someone's actual experience. So just saying that something is definitely a "scam," just on the general principle that all vendors are unreliable, is going further than the person's actual knowledge.

(Also, "scam" is about being deliberately crooked. That is not the same as not having something that is not really valuable. One is similar to an accusation of a crime; the other is simply the -- usually correct -- observation that they don't know anything. There is a big difference.)

I don't have any comments or experience about this specific vendors either. I agree with all Bob said, I just wanted to qualify the part of his comments I quoted above.

It is absolutely true that Vendor review threads should be based on actual, personal experience of those vendors, with one notable exception: when you come across a website and you uncover blatant or veiled attempts to either 1) mislead people 2) scam them by being deliberately crooked or 3) simply making claims that are not substantiated by facts in order to sell something (one could say this is a subset or a finer qualification of point 1).

If I come across those cases I tend to make it my duty to point out the incongruencies and I believe it should be everyone's duty to do so too.

Once, when I was very young and inexperienced I was scammed. The scam worth was the equivalent of a couple of hundred dollars so nothing huge, but it instilled in me a sense that the more inexperienced people, until they build a sensitivity for it, can easily fall prey to these scams. Pointing those out can make a real difference in people's lives.

One such example of websites intentionally misleading people is recorded in this thread.

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  #111 (permalink)
 JonnyBoy 
Market Wizard
Montreal, Quebec
 
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bobwest View Post
There may be no point in jumping into this controversy, but I'll just add a thought or two and then bow out.

First, I have no idea whether vk is legit or not, and it isn't anything I'm going to spend time on. There are many, many vendors out there. Some are fair to good, some are lousy, some are fakes. Maybe some are even very good. I am not looking for help there, and don't care one way or another.

Second, this is a vendor review thread. So, anyone with an opinion would contribute more if they had actually tried the vendor's product, and had good or bad things to say based on real experience. No experience = no value. I apologize if any of the critics do have real experience that I missed, but I wouldn't want to use someone's opinion that didn't have something in their own experience to back it up.

Third, I do agree with the general idea that most vendors are worthless, so I do think it is right to have a very high level of skepticism about all claims. It is also perfectly good to challenge any claims, in the sense of asking for actual validation. "Validation" could, for me, include that someone who is known on the forum has used it successfully. This comes back to the experience question. I would also say that the perfectly reasonable attitude of skepticism needs to be governed by the limit of someone's actual experience. So just saying that something is definitely a "scam," just on the general principle that all vendors are unreliable, is going further than the person's actual knowledge.

(Also, "scam" is about being deliberately crooked. That is not the same as not having something that is not really valuable. One is similar to an accusation of a crime; the other is simply the -- usually correct -- observation that they don't know anything. There is a big difference.)

Fourth -- and I'm finally getting to my point -- personal stuff about known forum members is not useful, period. Unless you really know something about them, and then you should PM @Big Mike and let him handle it. If someone is a shill for a vendor, then, according to the rules, they should be banned. Mike does that when necessary. So if anyone thinks this is the case, Mike should be informed. He will want some evidence, however.

------------

Now, as to cases, @sharmas has been around here for a while and has not been credibly shown to be a shill for this vendor, or any other I am aware of. He does post in a journal, and explains the trades, and lately they seem to be based on this guy's "system." I would take his charts and explanations as showing that he is using it. I am not going to trouble myself about whether I should use it, but who cares about that? And who cares about whether anyone else should?

It is not helpful to be slamming people whose only fault may be that they believe in a vendor's product that you may not, for good reasons or bad. This is a vendor review thread, so it has people's opinions of vendors in it. If there is no reason to think that someone with a positive comment or review is lying, it is wrong to assert that they are. And any such assertion, like the assertion of "scamming," is an assertion of wrongdoing that needs to have evidence.

We should be civil here. There are bad people and bad vendors. So what? Attacks without evidence are not justified.

I'll bow out now. Whether this vendor is any good is not my fight. But civility in the forum is.

Bob.

I couldn't have worded that better myself. :-)

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  #112 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
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Here is my ES trade

The algos work and keep working. 100.00% range achieved in ES today. Check it out for yourself.

This is my personal experience and i am attaching my charts and there is a secret weapon on the chart which gives me more confidence on the levels and range

Beautiful Long Trade and i have marked potential trades which the STS will take in Real time and i only use STS strategy and it brings home bacon.

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Views:	205
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ID:	205589   Click image for larger version

Name:	ES 06-16 (1 UniRenko T1R8O4)  7_04_2016 2.jpg
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  #113 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
Experience: Beginner
Platform: NT, MT4, Jigsaw
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How do the trend lines help?

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  #114 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 735 received

To avoid taking silly trades

I seem to like trend lines and a break with or after the signal lines helps me to get into the trade with confidence

Sharmas

spideysteve View Post
How do the trend lines help?


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  #115 (permalink)
 mmaker 
Toronto Canada
 
Experience: Intermediate
Platform: ninjatrader
Trading: es
 
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sharmas View Post
Here is my ES trade

The algos work and keep working. 100.00% range achieved in ES today. Check it out for yourself.

This is my personal experience and i am attaching my charts and there is a secret weapon on the chart which gives me more confidence on the levels and range

Beautiful Long Trade and i have marked potential trades which the STS will take in Real time and i only use STS strategy and it brings home bacon.

Hi Sharmas...

Someone already mentioned the indicator on the bottom looks a lot like a CCi. I have to agree.

The cci meassures the distance between price and a moving average. I forget if it is sma or ema. Anyways that is beside the point.

Just a dumb question here....do you see much difference between drawing trendlines on the actual price versus drawing them on the indicator in your bottom window?

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  #116 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
Thanks: 3,793 given, 735 received

Personally i use a lot of trend line in my trading.

I have used it on my Momentum indicator and also i use it in a different way that i learnt from another very successful trader/mentor.

have a play and you will get used to iy and your way of trading style.

Sharmas


mmaker View Post
Hi Sharmas...

Someone already mentioned the indicator on the bottom looks a lot like a CCi. I have to agree.

The cci meassures the distance between price and a moving average. I forget if it is sma or ema. Anyways that is beside the point.

Just a dumb question here....do you see much difference between drawing trendlines on the actual price versus drawing them on the indicator in your bottom window?


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  #117 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
Experience: Beginner
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mmaker View Post
Hi Sharmas...

Someone already mentioned the indicator on the bottom looks a lot like a CCi. I have to agree.

The cci meassures the distance between price and a moving average. I forget if it is sma or ema. Anyways that is beside the point.

Just a dumb question here....do you see much difference between drawing trendlines on the actual price versus drawing them on the indicator in your bottom window?

Go back to page 3, post 21 of this thread and you will see that is already been discussed. It is a cci with a MA

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  #118 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
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Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
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VK is human and he makes mistakes like us too
And he stopped when he went to his daily loss limit

Daily goal of $1,000 - Today's performance - DAX +$1,211
Daily goal of $1,000 - Today's performance - DAX +$3,769
Daily goal of $1,000 - Today's performance - DAX -$7,237
Daily goal of $1,000 - Today's performance -
Total P/L this cycle +$16,054

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  #119 (permalink)
 ratfink 
Birmingham UK
 
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sharmas View Post
VK is human and he makes mistakes like us too
And he stopped when he went to his daily loss limit

Daily goal of $1,000 - Today's performance - DAX +$1,211
Daily goal of $1,000 - Today's performance - DAX +$3,769
Daily goal of $1,000 - Today's performance - DAX -$7,237
Daily goal of $1,000 - Today's performance -
Total P/L this cycle +$16,054

I would think losing 7X a daily goal would be a tilt day, not just hitting a daily loss limit, so I'm surprised it's not tighter. I work with much smaller amounts but definitely something I need to get sorted in my head as well, that's an interesting reminder.

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  #120 (permalink)
 angela d 
New York City, NY USA
 
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I'm pretty pleased with the training, the room and the strategies. I use some of the strategies that comport with my own trading plan. I don't use the strategies that don't fit my own plan.

I happen to prefer trend and momentum, so quite a few of VK's "by the book" trades work well for me. I don't care about calling tops and bottoms; I'll leave that for others.

I've been looking at momentum and MAs for a long time, and I can replicate VK's proprietary indicator with more than one combination of oscillators and MAs. But that indicator is not the point. If it was I would have stopped paying his subscription fee immediately. If an indicator could make a successful trading plan, we'd all be rich; there is no shortage of indicators, or combinations thereof. For me, the value is in the continued analysis and training.

I've realized that, as a trader, I need to be very rules-based. No "thinking" during the trading session. No opinions about "overbought" or "oversold" matter to me. No "fading" an uptrend or downtrend. No "what do I think?" If the trade meets my criteria, I take it. If it doesn't, I pass. Doesn't matter what I think. I trade like a machine. If I miss a move because I was following my plan, fine. There will be other trades. Although sometimes I spit out some expletives.

For me, it's very good rules-based system that I can use in my own trading plan.

You may be different. We all need to discover who we are as traders, and what we can see and codify to trade the markets consistently.

Is it perfect? No.
Will it work for everyone? Of course not.

Lots and lots of strategies/plans work; but not a single one of those working strategies or plans will work for everyone.

just my few cents,
a

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  #121 (permalink)
 trader1512 
west chester
 
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Well as usual when researching through forums my head is spinning. I do not think there is one vendor out there that if you read the forum reviews you would ever invest in. Yes, its an investment and as such your decision should be based on research.

If this vendor is offering ten days to research his system with no gimmicks, just opening the doors to you and you have not done that then how can you write a review. the credibility of such reviewers is suspect.

after reading thirteen pages of reviews, the only reviews that have any credibility are those from people who have tried the product and they all seem positive.

Am i missing something.

Thanks to Angela for her feedback. There were a couple of other reviews which provided a lot of value. Sharmas seems completely sold on the system and a defender of it. I don't think he is a rep for the vendor but there does seem to be some bias.

I am going to try the trial period if i can figure out how to do it on his website. My commitment will be to stick with it for the time given to me and then make a decision based on how i believe it works for me or not.

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  #122 (permalink)
 trader1512 
west chester
 
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Finished up a week of the trial on Kong Zana Training. Not really for me.

Trades mainly CL and FDAX. All strategies are automatic execution. Too much risk to leave them on so if you are trading ES your on your own.

Basic indicator appears to be CCI with an MA overlay.

The trial doesnt give you access to other "key" indicators.

He is consistent with his approach, "by the book".

Seems that while indeed you have some good signals from the main indicator, if your stops are tight and you take the signal each time, you lose.

Small room with no more than 10 people in it at a time. He is somewhat inpatient with questions or counter comments.

If you trade CL and FDAX primarily and wish to have someone leading you it will probably work for you. Be aware though you arent getting much advance notice on average so you dont get the chance to analyze the trades before you need to take them. thats the same issue with the strategies, there is no alerts just execution.

Overall, he seems to be sincere with his approach and is consistent in his message.

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  #123 (permalink)
 crazybears 
Alesia E.U.
 
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https://www.comapps.ohio.gov/secu/secu_apps/FinalOrders/Files/2016/16-009%20Waldemar%20Kazana%20C&D.pdf

is the same guy ?

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  #124 (permalink)
 longboat 
Philadelphia, Pa
 
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Hmm not sure, but I think he does live in Ohio.

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  #125 (permalink)
 wshi88 
Santa Barbara, CA
 
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KongZanaTrading.com WHOIS, DNS, & Domain Info - DomainTools

Registrant Name: Valdemar Kazana
Registrant Organization: Valdemar Kazana
Registrant Street: 1506 Trinity PL NW
Registrant City: Canton
Registrant State/Province: OH
Registrant Postal Code: 44709
Registrant Country: US

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  #126 (permalink)
 IzhakHaim 
white plains new york
 
 
Posts: 66 since Apr 2016

Looks like Sharmas's party is over

https://www.comapps.ohio.gov/secu/secu_apps/FinalOrders/Files/2016/16-009%20Waldemar%20Kazana%20C&D.pdf

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  #127 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
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What does this have to do with @sharmas ?

Are you implying that they are the same person?

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  #128 (permalink)
 IzhakHaim 
white plains new york
 
 
Posts: 66 since Apr 2016

just to point out that Sharams was working very hard via dozens of postings to convince people to sign-up for the guy room and praised his honesty.....so now the "secret sauce" party is over and the sauce is not a secret any more....

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  #129 (permalink)
 sharmas 
Auckland
 
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@IzhakHaim

Simply amazing and we should give an Oscar award for this conclusion.

Last time i posted on this thread was on 8th April and Yes i joined VK and taught me a huge amount on discipline and Algos.

My trading style has moved on from there and I haven't been with Vk for months as i have found my method of Institutional levels (secret sauce) more profitable with very less stress .

I trade for a living and YES i did and will continue to promote any Vendor who has assists me with my learning

After all this is about sharing your experience.


When i saw the post i went straight to VK to confirm if it was him.

Sharmas



IzhakHaim View Post
just to point out that Sharams was working very hard via dozens of postings to convince people to sign-up for the guy room and praised his honesty.....so now the "secret sauce" party is over and the sauce is not a secret any more....


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  #130 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
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IzhakHaim View Post
just to point out that Sharams was working very hard via dozens of postings to convince people to sign-up for the guy room and praised his honesty.....so now the "secret sauce" party is over and the sauce is not a secret any more....

I also talked about VK and his honesty. Does that mean I am VK as well?

I wrote about my experience with VK and his room many months ago and I don't have a negative thing to say about the guy based on my personal experiences. So what does that mean? Nothing. It was my opinion and nothing more.

YMMV

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  #131 (permalink)
 sharmas 
Auckland
 
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Make what you want and i dont have the inside information anymore than anyone else in here.

I know and until @Big Mike comes out and clarifies his findings inregards to that i am secret vendor, these sorts of questions will be raised against my name. That i can understand.

Traders need a game plan and focus on discipline and when i found VK's room , I was impressed and thus I shared my experience.

I am not VK or secret Vendor or anyone else. I am who i am and have managed to conduct my business here in BMT and Fio in respectful manner and yes there will be few in here who will say what ever they want as their focus is not in trading or learning how to trade.

Sharmas

This is from VK and @Big Mike, delete this post if you think its not appropriate.

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  #132 (permalink)
 Big Mike 
Site Administrator
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Manta, Ecuador
 
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@sharmas my conclusion is that after many complaints against you, I'm really tired of it. It seems you promote vendors here that you like, but you do it in a way that makes your reputation be questioned.

I suggest you stop posting because soon my patience will be exhausted, leading to a ban.

Sent from my phone

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  #133 (permalink)
 angela d 
New York City, NY USA
 
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I have to say that I'm disappointed in VK's explanation.

Yes, I understand it. Yes, I remember when it happened, along with other ETF and interest rate index manipulations.
Yes, those years were turbulent. Yes, it could have happened to anyone.

BUT, he was managing accounts for others! He was managing an account for at least one senior retiree! That confers extra responsibility. A LOT of extra responsibility, IMO.

Maybe I don't understand ETFs well enough to comment, but I'll do so anyway -- because I think that when one agrees to manage someone else's funds, one had DAMNED-WELL better really understand the characteristics of the instruments that they are trading. I think that's something that a license helps to cover. Otherwise, it is the height of irresponsibility, IMO. In fact I have to agree that it is fraud.

Ignorance of the characteristics of the instruments one is trading (in this instance Credit Suisse ceasing issuance of shares) does not excuse one from being accused, or guilty, of fraudulent activity. Especially if one thinks he's above obtaining a license to manage someone else's funds.

I'm still a member of this room, as of right now. But someone agreeing to manage a retiree's funds, under these circumstances, has me livid.

I have an elderly aunt with whom I spend 1 week per month. I can't count the number of phone calls I field, never mind the junk mail, during that one week from scammers trying to pose as her investment advisor with an "urgent message".

Again, if one is presenting himself as someone who can manage someone else's funds, he has extra responsibilities other than those that he has managing his own account. Or even advising others in his method.

Again, it could have happened to anyone. That's fine. But he took down others with him. That's not fine.

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  #134 (permalink)
 HoopyTrading 
Boston, MA
 
 
Posts: 264 since Apr 2014

I have only one cent here to proffer...

Sharmas, listen to Big M. Whatever the heck is going on with the VK guy (Seems it's really WK, but dialect stuff), just stay the heck away from it. I briefed through the legal documents, along with the C&D complaint and answer and the Ohio state code, and it's true. VK did a bad thing. Don't get caught up in it. Stay away.

Take a vacation for a while please. Just chill. Else you may very well get banned. Stay...Away... from all that noise.

My last cent for you. Good luck.

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  #135 (permalink)
 angela d 
New York City, NY USA
 
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One more comment:

VK refers to this issue as "old laundry". Seemingly with a laugh and a shrug, but nuance is often lost in text.

It's more than "old laundry" to me, or anyone who has lost money via a fraudster, or anyone who has watched their senior loved ones fall prey to a fraudster.

It's not "old laundry". It's a lot more than "old laundry".

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  #136 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
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Broker: Zen-Fire
Trading: CL and ES
 
Posts: 764 since Apr 2010
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I haven't posted anything on this thread for 4 months and got dragged into this.

I will go back to concentrating on my personal trading and improve my method and stay away from all this.

I am based in New Zealand and anyone can check that out and i have nothing to worry as i not a vendor or ever tried to be one.

All the best and will take a vacation from BMT for a while.

Last week has been full on and i need to chill and get away from this storm as its not mine to weather it...

Thanks

Sharmas



HoopyTrading View Post
I have only one cent here to proffer...

Sharmas, listen to Big M. Whatever the heck is going on with the VK guy (Seems it's really WK, but dialect stuff), just stay the heck away from it. I briefed through the legal documents, along with the C&D complaint and answer and the Ohio state code, and it's true. VK did a bad thing. Don't get caught up in it. Stay away.

Take a vacation for a while please. Just chill. Else you may very well get banned. Stay...Away... from all that noise.

My last cent for you. Good luck.


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  #137 (permalink)
 Big Mike 
Site Administrator
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Manta, Ecuador
 
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angela d View Post
One more comment:

VK refers to this issue as "old laundry". Seemingly with a laugh and a shrug, but nuance is often lost in text.

It's more than "old laundry" to me, or anyone who has lost money via a fraudster, or anyone who has watched their senior loved ones fall prey to a fraudster.

It's not "old laundry". It's a lot more than "old laundry".

I also noticed in @sharmas screenshot it implies a continuous or ongoing conversation about this vendor on the site. This makes me wonder as well.

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  #138 (permalink)
 angela d 
New York City, NY USA
 
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Big Mike View Post
I also noticed in @sharmas screenshot it implies a continuous or ongoing conversation about this vendor on the site. This makes me wonder as well.

Mike

I'm not seeing that.

What I am seeing is a depraved disregard for his clients' financial well being.

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  #139 (permalink)
 rocksolid68 
Duluth MN
 
Experience: Intermediate
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angela d View Post
I'm not seeing that.

What I am seeing is a depraved disregard for his clients' financial well being.

You can see in the screen shot that the receiver of the e-mail was not valdemarkonzana@valdamartraderoomblahblah.com, it was his name. Most email services do this if you speak with the person on a regular basis. They "personalize" the account.

I believe this is what @Big Mike was referring to.

EDIT: After looking at the screenshot, I can now infer that @sharmas uses iCloud (Apple's email service), which does what I previously stated automatically. So disregard what I previously wrote in this post^

However, the message does say "RE:" which means they have been emailing back and forth. Also, VK responds in a very informal and "friendly" way which insinuates that he has spoken with @sharmas before.

This DOES NOT mean anything, but I am just trying to clear up what @Big Mike said regarding the picture of the response.

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  #140 (permalink)
 Big Mike 
Site Administrator
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rocksolid68 View Post

This DOES NOT mean anything, but I am just trying to clear up what @Big Mike said regarding the picture of the response.

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  #141 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
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rocksolid68 View Post

However, the message does say "RE:" which means they have been emailing back and forth. Also, VK responds in a very informal and "friendly" way which insinuates that he has spoken with @sharmas before.

This DOES NOT mean anything, but I am just trying to clear up what @Big Mike said regarding the picture of the response.

VK is a a pretty amicable guy. I was a paid member in his room for about 3 months (November to end of January roughly) and I have emails from him that are friendly and informal. Even about a month ago, after not being in his room for 6 months, I emailed him with a question and his reply was worded in the same manner.

From being in his trade room and also having emails from VK, plus PMs here with @sharmas I am reasonably certain they are not the same person but that is IMHO.

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  #142 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
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am I reading this right? VK selling candy on the side?

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  #143 (permalink)
 rocksolid68 
Duluth MN
 
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spideysteve View Post
VK is a a pretty amicable guy. I was a paid member in his room for about 3 months (November to end of January roughly) and I have emails from him that are friendly and informal. Even about a month ago, after not being in his room for 6 months, I emailed him with a question and his reply was worded in the same manner.

From being in his trade room and also having emails from VK, plus PMs here with @sharmas I am reasonably certain they are not the same person but that is IMHO.

I was not making the claim that they were the same person. I do not think they are. That would be one bizarre magic trick

I was just trying to clear up what @Big Mike was saying.

I have nothing against VK or @sharmas personally.

This is my last comment here, as I do not want to be mixed up in this. I hope you all understand!

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  #144 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
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https://web.archive.org/web/20130322125520/www.investing.com/members/30024
http://web.archive.org/web/20130704124846/http://marketrecon.webs.com/

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Education and Add Ons now available from KongZana Trading - NinjaTrader Support Forum


out of curiosity, some videos about the semi-auto strategy:


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  #145 (permalink)
 alizaidi 
singapore
 
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i don't know about his legal troubles, all I know is he's a decent trader, having been in his chatroom few times. (not a paid member)

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  #146 (permalink)
 Forexoil 
Bangkok thailand
 
Experience: Advanced
Platform: Multicharts, ninjatrader, tradestation, fxcm
Trading: Es forex
 
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it's a scam. he is a fraud.
I called this long ago.

Sharmas actively ignored what I said and in fact countered it.
I believe sharmas is simply gullible rather than a part of the scam.
his history on this website of supporting other scam artists shows he will fall for anything.

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  #147 (permalink)
 Forexoil 
Bangkok thailand
 
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here is an earlier post on this thread where a member - bobwest- argues with my comments

Forexoil:why doesn't he show his actual trading DOM so that his entries and exits are seen perfectly clearly> obviously it is part of his marketing to show when he is in profit as your screen shot shows.



Forexoil :
And if he does start showing a live DOM, and actual account details on daily basis, let us know> I will jrejoin and give an update of my experience then.

bobwest:I have no skin in this debate, and have no idea whether this site is a good one or not. I think it is usually best to be cautiously skeptical of anyone who offers to show you how to trade for a fee.

But I don't understand why you think whether he shows a DOM matters one way or another. You do not need to use a DOM to enter trades in NT; my impression is that many, perhaps most, NT traders use Chart Trader because it lets you enter trades right on a price chart. Other posters have said that this guy uses Chart Trader in NT to enter his trades, which certainly would eliminate any need to have a DOM up for any reason.

The world is full of people who are faking it and looking for your money, and I don't know (and am not that curious, frankly) if he is one of them or not. But not showing a DOM, or even having one up on-screen, does not matter one way or another to the question. He doesn't need one in order to enter

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  #148 (permalink)
 Forexoil 
Bangkok thailand
 
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spideysteve View Post
I also talked about VK and his honesty. Does that mean I am VK as well?

I wrote about my experience with VK and his room many months ago and I don't have a negative thing to say about the guy based on my personal experiences. So what does that mean? Nothing. It was my opinion and nothing more.

YMMV

don't you have any shame about your posts promoting this fraud? How many people might have been tricked by him because of you and sharmas shilling this scammer..

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  #149 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
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Forexoil View Post
don't you have any shame about your posts promoting this fraud? How many people might have been tricked by him because of you and sharmas shilling this scammer..

Ridiculous claim. Promoting is beyond anything I ever did. I told it how I see it.

I also have said I haven't been in his trade room since February. You dragged up an older post to make a belittling comment with zero proof.

All you have to say is that he doesn't show a DOM. He doesn't use it. He trades off his charts and shows every one of them. For me that was good enough.

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  #150 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
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Why don't you explain in great detail @Forexoil why it is you have such a hate on for this guy?

You bash the shit out of him but don't say why. What was so bad that he did? Please tell everyone. All you have said so far (and even reiterated it several times) is that he doesn't show or trade with a DOM. That in and of itself does not indicate any wrong doing.

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 Forexoil 
Bangkok thailand
 
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spideysteve View Post
Why don't you explain in great detail @Forexoil why it is you have such a hate on for this guy?

You bash the shit out of him but don't say why. What was so bad that he did? Please tell everyone. All you have said so far (and even reiterated it several times) is that he doesn't show or trade with a DOM. That in and of itself does not indicate any wrong doing.

as well as the poor, deluded suckers ( no doubt many of them joining due to this sad thread) paying his $299 a month, he was befriending the most deluded, no doubt looking for ways to extract every cent they had.
Still the biggest losers were the ones he met at bible study classes: he is obviously an even better manipulator in person than over the internet..
for huge losses of course. and still you defend him: trading rooms are exactly like cults.

i was one of the members of elitetrader in 2007 who broke the news about john novak of nexgen - just as big a scam- and still to this day that pos is raking in the lost souls..

https://www.comapps.ohio.gov/secu/secu_apps/FinalOrders/Files/2016/16-009%20Waldemar%20Kazana%20C&D.pdf

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 spideysteve 
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Forexoil View Post
and still you defend him: trading rooms are exactly like cults.

I gave my opinion. That is completely different than defending a person.

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 Forexoil 
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angela d View Post
I'm not seeing that.

What I am seeing is a depraved disregard for his clients' financial well being.

angela
what intrigues me is why you trusted this guy in the beginning. you probably read my post in this thread back in January where - after an hour in his room- I indicated it was a waster of time. a few other members agreed with me.

did you discount my comments because of the weight of posting by sharmas and spidey et al. or was it because kongzana website looked convincing?

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 angela d 
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Forexoil View Post
angela
what intrigues me is why you trusted this guy in the beginning. you probably read my post in this thread back in January where - after an hour in his room- I indicated it was a waster of time. a few other members agreed with me.

did you discount my comments because of the weight of posting by sharmas and spidey et al. or was it because kongzana website looked convincing?

I was hardly a cheerleader; I just gave my personal assessment. Your opinion is not important to me, Forexoil.

And I don't owe you, or anyone, an explanation for my own personal decisions.

And with that, I'll bid you a good day, sir.

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 JonnyBoy 
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 angela d 
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FWIW, I don't believe that he is a scam.

I think he over-estimated his analytic abilities. Not uncommon for loud blustery men strutting their stuff.

I learned something important in his room though--that my own strategies are better for my style of trading. and much more profitable, than his. That made a big difference.

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 IzhakHaim 
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angela d View Post
FWIW, I don't believe that he is a scam.

.

Tell it to all the victims in his church....

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