Mohan aka Scott Wolfe, buyer beware, NFA record, Day Traders Action, Boomerang, more - futures io
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Mohan aka Scott Wolfe, buyer beware, NFA record, Day Traders Action, Boomerang, more

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Mohan aka Scott Wolfe, buyer beware, NFA record, Day Traders Action, Boomerang, more

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  #1 (permalink)
 Big Mike 
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Recently, in another thread, Mohan outed one of his user accounts here on FIO and promoted his newest venture (he seems to keep opening new businesses, perhaps after the old ones gain negative press).

I thought it was long overdue for him to have a dedicated thread of his own, instead of riding on Indicator Warehouse's coattails.

Below is his post, with the self-promotion links removed:

JohnnyR View Post
Mohan here: I know these are old posts but one of our traders that has been in our room for years told me about these garbage BS posts here recently.

Remember, those of you reading this junk posted here: when you listen to this crap WITHOUT ANY PROOF of what they are posting and fully believe it you are just a sucker buying into statements that you do not know who or why they are coming from.

to just buy into the lies without any proof shows complete childishness. You will NEVER be successful at trading unless and until you GROW UP and accept the responsibility of how difficult trading can be.

We have many, many jealous vendors in the industry that have lost business to our documented and proven Boomerang Day Trader software. They are most likely behind these childish and FAKE NEWS reports.

I know its been years but I just heard about these and I have never heard of ANY of these people.

Why don't they email me directly and tell me about their disappointments with any trades? Its because they are FAKE.

You can see me trading succesfully live on our You Tube channel to see our winning and loss trades too.

I have never claimed to be a big "trading expert" or any such thing. Look at our sites and you will see I have been around 17 years and NEVER MAKE FALSE CLAIMS. I am just a hard working Blue Collar working trader that makes a living from trading.

Instead of whining and posting fake reports ....why don't you email me and I will be glad to assist you in learning to trade.


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You can find more information about Mohan and Boomerang, as well as Day Traders Action, here:

The above article is worth the read.


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  #4 (permalink)
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It's funny, Scott posts that:
"Why don't they email me directly and tell me about their disappointments with any trades? Its because they are FAKE."

I did just that, I took him to task for losing the full $12K in their autotrade accounts with Mason Ching of Global Futures in 2014. Fortunately, I cut it off after he lost $3K, but continued logging the trades until he had run through the entire $12,000. Of course, he had nothing to say. But his inability to trade his own system has certainly been pointed out directly to him.

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