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Veritasfuturestrading.com looks great!


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Veritasfuturestrading.com looks great!

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  #101 (permalink)
 Cloudy 
desert CA
 
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From the several tradingschools comments of Amico's prior rooms, the "trade management" by him looks hilariously obfuscated , lackadaisical, and it was a sim show anyways. Yes, I would agree trade management is so important for live trading, just not really applicable with a sim dependent vendor and a crook who still owes millions in mortgage fraud restitution.



http://www.tradingschools.org/reviews/global-trade-room/

https://www.tradingschools.org/reviews/the-trader-institute-global-trade-room-dr-dean-handley/

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  #102 (permalink)
 jmh13 
Argentina
 
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Really! trading school and handley, they are as phoney as bang bang. But if you need to believe one liar over another. Rock on.

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  #103 (permalink)
 Cloudy 
desert CA
 
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jmh13 View Post
Really! trading school and handley, they are as phoney as bang bang. But if you need to believe one liar over another. Rock on.

Whatever, at least the CFTC, FBI have worked with or referenced tradingschools or took action in part because of, and there is real proof action by subpoena. And Emmett has endured over 15 lawsuits by the scam vendors with their funding. Not much one can trust in review out there in general. Better than just Handley before.

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  #104 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
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jmh13 View Post
I try vendors stuff and based on a hundred or so trades using their criteria and methods i try to determine if it is any good. With the majority of vendors I can't get any better results over 70-75 %.

I can understand where you are trying out ideas from vendors. 70-75% sounds very decent to me if one can make it work for them. I can agree if one has and doesn't mind using funds to try out vendors it's their choice to do so with ideas or indicators they having tried yet and are curious about. Just that some of us are already so jaded like myself after so long and kind of have a disgusted feeling on seeing others especially newcomers taken by sites for multiple $thousands or tens of thousands on false advertising of or implied non-sim, or supposed live results by especially proven shady vendors.

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  #105 (permalink)
 kevinkdog   is a Vendor
 
 
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jmh13 View Post
Trading school shakes down vendors for $ or you get a bad review. I guess that ok?

Do you have any proof of that?


On the other hand, I do have proof of the opposite. I am well acquainted with someone who has received two 5 star reviews on trading schools, and has offered to gladly testify in court that he was never been shaken down by Emmett or anyone at tradingschools to get those reviews.

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  #106 (permalink)
 Oriole 
Naples FLA
 
Experience: Beginner
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If you watch the video he has about the settings, it looks at first glance to be a simple MA crossover that he sets to 8 and 21. You can see the 2 lines on the chart and the buy and sell noted on the cross.

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  #107 (permalink)
 kevinkdog   is a Vendor
 
 
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jmh13 View Post
I try vendors stuff and based on a hundred or so trades using their criteria and methods i try to determine if it is any good. With the majority of vendors I can't get any better results over 70-75 %.

70-75% win rate? Annual return? I am, as usual confused.

If it is win rate, why does that even matter? I know people who had 90-95% win rate, but got blown out (option sellers).

Some of the best strategies I have had had 30-35% win rate.

I have found it is all about expectancy (average trade).

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  #108 (permalink)
 kevinkdog   is a Vendor
 
 
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jmh13 View Post
Trading school shakes down vendors for $ or you get a bad review. I guess that ok?

I'll ask again: Do you have proof tradingschools is extorting? I know some of the vendors he has bashed created websites claiming extortion, but I've never seen any proof.

We'd all love to see any proof you have of your claim!

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  #109 (permalink)
 Big Mike 
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Complete BS, created by Day Trade Academy. Believe me, I have proof of just how low that vendor will go to distort the truth (lie) to his own benefit, attempting to mislead people.

Speaking of which, please clarify your exact relation with DTA.

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  #110 (permalink)
 Big Mike 
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How did you find that link?
jmh13 View Post
I have nothing to do with day trading anything. Don't know who they are or what they do.

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  #111 (permalink)
 Big Mike 
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If you wish to discuss Trading Schools, search for the correct thread on that topic or create one of it doesn't exist. This thread is not the correct location.

Don't make any more off topic posts in this thread.
jmh13 View Post
Is Moore ever convicted of a crime?

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  #112 (permalink)
 kevinkdog   is a Vendor
 
 
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jmh13 View Post
Pay attention to how apologetic he is to the people he hurt:

As many readers are aware, I was once a stock swindler that got busted for securities fraud and went to Federal prison for three years. I orchestrated a penny stock Ponzi scheme for $400 million, or $600 million, or some outrageous number. But they are all wrong. It was actually closer to one billion dollars. Yep, nearly a billion with a capital B. Get it correct people.

Actually, it was $956 million to be exact. But hey, what’s the difference in a few hundred million?

Regardless, I was awarded the much-coveted “prison ID card” and given a job washing dishes for three years. I went from living in a mansion and eating unlimited shrimp cocktail to living in a concrete box and eating way too much ramen noodles. My prison paycheck was also an embarrassment of riches — forty cents per day.


Our nice guy we all like to believe.


You are great at making accusations, but then avoiding, deflecting and obfuscating when someone asks you to back up your accusing statements.

I find that interesting.


Sorry Mike for calling this guy out, but he should produce proof of his accusations, or not post at all.

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  #113 (permalink)
 Big Mike 
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No more posts here about trading schools.

There is another thread for that. I'm on my phone, someone please link it for me.

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  #114 (permalink)
 estrade 
Austin/TX
 
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I just don't have time for trading if someone wants the bots. I haven't loaded my LIC. yet. Discounted.

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  #115 (permalink)
 Cloudy 
desert CA
 
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Here are some facts:

Amico was second main room host besides the owner, Simon, and sales head for GTR (Global Trade Room) around the period of 2015. The CFTC did an investigation last year with findings reported in September which included subpoena of broker statements that showed GTR's chatroom never had a live trading account so were using sim feeds. The CFTC document: (https://www.cftc.gov/media/2446/enffuturesfxsimoncomplaint091019/download) In the comment section of a site which we can't reference now there were 22 pages , many with comments of former customers who complained their trading did not improve even following Amico's trading room, nor made profits but lost money. Several spent $7k to 10k or over for dubious education and subscriptions.

Interestingly (but not surprising for rats ditching a sinking ship) due to the 2015 review and a surge of customer complaints as more spoke out, Amico and Sandy Seaghal jumped ship and ditched Simon Jousef and GTR and promised they would start showing their dom for every trade live with their new site "futurestradinginaction". Just months later clients on the review site comments complained after an initial demo carrot stick period, Amico was obfuscating the same way he did on GTR and just occasionally showing his dom again. Since 2017 or so, it seems Amico had left Sandy and started his own site "veritasfuturestrading". Since 2019 or so, Veritas has stopped the monthly subscription and now charges quarterly with no refunds. Their prices have increased. Now it's at least 1.1k to subscribe to their autotrader bot. The veritas site now shows since Jan. that most all of their chat room trading is SIM only, and obfuscating with differing types of "sim track records". Which confirms more recent comments in the last two years on the site we can't reference now that customers were complaining Amico wasn't showing his dom for the most apart anymore despite a posting earlier not by jmh that claimed Amico was showing the dom with a supposed live account all the time.

Yes , on the front page of veritas it shows that stupid backtest graph chart of supposed increasing profitablity, but veterans to trading should well know enough a generated backtest in sim hardly means proof. And there are signs of glossing over losers compared to the spam email of so many "winners" in the spam email ads and there are no broker confirmed proven statements. And the signs are the past Amico shenanigans are going on again in the comments on review sites.

Yes, I get that someone could want to respond to my 'witch hunting' mode due to opinions or biases, but I've been duped before by previous scammers in my past ten years of learning and trading futures, and I'm not backing down with reminding of these facts shown and evidenced. And I was especially triggered feeling about the comments of the plight of those relative newcomers who had wasted tens of thousands and even lost money. Amico's site veritas has all the signs of many other dubious vendor sites with a pattern of the usual dream marketing, with no proof of actual profits despite claims otherwise, much less even the idea of being able to trade for a living while charging up to thousands again to numerous clients on the site. They even have their cftc "Hypothetical" disclaimer at the very bottom that most of us veterans to vendor fakery surely know about. And I was warning newcomers of this past history and even the proof with authorities as referenced in the review site. So I warned and warned again, and my relevant posted links keeps getting shifted to back pages of this thread now (just go back to page 10 of this thread to see the relevant links: ) and I think my warning points are very valid for discerning newcomers wanting to do due diligence in researching a trading education guru/vendor, particularly this one. Fin.


Oriole View Post
If you watch the video he has about the settings, it looks at first glance to be a simple MA crossover that he sets to 8 and 21. You can see the 2 lines on the chart and the buy and sell noted on the cross.

Thanks, I recall back since the 2015 review of GTR checking out videos by Amico and later of his tradingroom "futurestradinginaction". And it looked somewhat discretionary but also very simple and crossover like with a slapped on profile. I guess a sufficing enough carrot stick show for newbies. Even the trading journals here by members can have more involved strategies and journaling thought into them.

Others have done due diligence and posted on or related to this thread, lest we forget, or may have missed:


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  #116 (permalink)
 estrade 
Austin/TX
 
Experience: Advanced
Platform: NT
Trading: ES, TF
 
Posts: 48 since Jun 2010
Thanks: 3 given, 19 received

This is the last email update I got on the 25th of April... I purchased this Robot but decided not to trade so I'm going to try to sell it cheap if someone is interested. PM me for any details otherwise you can ignore this Thank you very much.



Daily Update(s)
Traders,

I have not sent a daily update over the past few sessions as I simply have not had the time. Working with so many BOT owners to get them set to use their BOT has kept me busy! In any event the past few video's are here for you to watch;

2020-04-24 0757 Targets Trading Pro Trade Room Access


2020-04-23 0758 Targets Trading Pro Trade Room Access


As you can see we have utilized primarily the 3 minute BOT and the results have been exceptional!

This BOT is the most cost effective BOT in the marketplace as well as the single best performing day trading BOT available!

If you still struggle with;

> Order Entry
> Identifying Targets
> Identifying Stops
> Trader Anxiety

Then this is YOUR answer!

The BOT can be owned for life for only $2,197.00 (back testing strategy an additional $249.00) and includes;

> 3 Month Trade Room Access (no charge)
> 1 on 1 Training When Needed (no charge)
> Chart Templates (in member area)

Why Targets Trading Pro? Simple, we are the BOSS!

Contact Lauren,


Trade Well, Trade Robotic

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  #117 (permalink)
 nightangel0203 
Yonkers
 
Experience: Intermediate
Platform: TradeStation
Trading: CL
 
Posts: 8 since May 2016
Thanks: 1 given, 6 received

I don't think it's resellable as it's linked to a computer and email. Unfortunately he has 50 bots running with different settings and picks the winners and shows those.
The bot is nothing but a simple moving avg cross over with MTF. Anyone can copy and paste the code using info on this forum. Sorry to hear that dude

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  #118 (permalink)
 Trader111 
Albany, NY
 
Experience: Advanced
Platform: Sierra
Trading: Futures
 
Posts: 2 since Jun 2012
Thanks: 0 given, 3 received

I haven't posted before but I felt this will help those who want to know how Bob Amico does trading real money. He has a separate New site to market his The Targets Trading Pro Auto Execute program where he places trades that are executed with a broker along with his subscribers.

Anyone trading from Sept 10, 2020 until Oct 5, 2020 incurred a loss of $5,869 on a $15,000 account.

He uses his order flow and Bot when trading.

https://www.ttoautoexecution.com/

I uploaded his track record but it is also on his site.

Take notice that he does not refer to his name on this site nor make reference to this site on his main Bot site. He does mention on the performance page about the Bot though.

Attached Files
Register to download File Type: pdf bob track record btr.pdf (24.2 KB, 39 views)
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