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This is an invitation for fraudsters like Bob to do what they do best; namely, dupe the public and make false representations. All the more reason to get copies of broker's statements from those who claim they trade with real money in front of your eyes.
I've supported Bob here in the past and I'll continue to do so. All this crap about providing statements and does he or doesn't he trade a live account is secondary to whether or not some people find that he is very helpful both as a trade leader and a mentor who is teach people to trade using order flow. Bob has also helped many traders achieve funded status with both Top Step Trader and One Up Trader.
I can't say for sure that he is or isn't trading a live account nor do I care. He treats his trading as though it is real money and has the pressure to perform well on a daily basis for the 100+ traders in the room. This is not an issue for me.
His style works for him and he teaches it as best he can to those who join his trade room. At times it's too frantic for me but for the most part it's a joy to be in his room and to follow his lead as best I can.
For those of you who don't like his approach or insist that he is somehow deceptive if you think you are helping other traders by bashing Veritas Trading I would argue that you are doing them a disservice. You should state your concerns/issues but encourage other traders to experience his room for themselves in order to draw their own conclusions.
In closing is there are better trade room than Veritas Futures? Sincerely is there? Who?
I'm sure I'll get "pitched high and tight" again for this post so fellas let's just keep in civil. Thanks...
Think for one minute Why a good trader will open a trading room and have to deal with 50 to 100 students and miss so many trades helping all his students when he
can make money trading his own money with no distractions
Well you will said he wants to help traders, yea right. I take one week trial and paid for one month to see if someone can make money with him. Bob has a very good personality and he can express himself very well he is charismatic and sure of himself . All good qualities of an excellent seller and that what all the educator in this business are, they make his money
from you and they make good money, why do you thinks are so many gurus, Bob is not honest he make so many calls and only talk very highly of the good calls and silence on the bad ones and keep jumping from one instrument to another and stay with the calls that are looking good, no one can mimic his trade forget about it. I toll him that he care more about his glory and the money than really help new traders . and this is not only Bob doing this is probably 95 % of the educators.
If you are a good trader you can make the money trading and if you want to help traders help them .if you have a room is because you can not make Money trading and that the true.
there is a strong urgency to defend the leader of the clan this is normal nothing wrong when you want to protect what you believe but you have to be honest with your self so you can see more clear. I had been there when I was learning.
If you are student and believe in him is nothing wrong to come and defence him but if you try to advertise and promote him that another thing
We know it is important to decide whether a mentor is worth your investment of trust, time and resources. So you may want to ask yourself and them:
Have they fully achieved what you want help with?
Do you see the same results in their community?
Is there a clear system and roadmap to get you those results?
I got some good looking emails so went on another trial.
EMAILS like this "After watching me trade, IN FULL VIEW to a total of (so far) +$" 4k 5k 6k
OKAY. Here is what happened.
On his winning trades the DOMs were not on the screen until they were winners.
FULL view? NO. And he has 6 monitors.
He said that he "doesn't care if you (members) only make $50"
"there is no way I will ever leave my DOM's on the screen and line them up"
Prior his reason was that he is teaching. A lot of his winners are after the fact.
Now he is going for his Classed licence so that he can promote trading your money.
I have a friend who told me that Bob Amico of Veritas (different name before Veritas) lost his 50k in a fund trading the same method.
I remember back then I was in the room and he accidentley pulled the fund DOM over and it was down big with big lots in a trade. But the members small trade was totally different (the trade).
My friends words, "I wouldn't go near Bob Amico with a 15 foot pole and that he doesn't trade real money".
I've checked for a statement from his promoter Dean Handley and I got a pic of some written notes from Bob. Nothing real.
Skip this one. I don't see the honest FULL view or real statistics for the last 3 years as promoted on his websire. no ! Not Transparent or FULL view. One monitor with DOM off and on randomly but surely if he hits a winner. Multiple accounts.
Why does he need your money for his fund? Why not only triple up the lot size on his own account?
I would give it a 6/10
Sales 10/10 and emails
Very difficult to trust your money here otherwise I wouldn't be doing a review.
To get the full story since when tradingfuturesinaction, followed by veritas started, see the several pages of comments from this page onward. Very enlightening.
Bob Amico will NEVER get a CTA license from the NFA to trade other people's money. Why? He is a convicted felon who cheated banks and investors out of $60 million in the largest mortgage scam in NY.
