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Is School of Trade legitimate? (www.schooloftrade.com)


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Is School of Trade legitimate? (www.schooloftrade.com)

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  #191 (permalink)
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I also donated to their cause, then i found out that the stuff they "teach" can be found in the first trading book, or free over the internet, not to put them down, everybody can create a product and sell it, but theirs absolutely did not cost the money they are charging for it. But a new trader would never know that..

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  #192 (permalink)
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ValT View Post
I also donated to their cause, then i found out that the stuff they "teach" can be found in the first trading book, or free over the internet, not to put them down, everybody can create a product and sell it, but theirs absolutely did not cost the money they are charging for it. But a new trader would never know that..

A new trader should be using the reviews on this site, including this six year old thread, to make informed decisions.

In this case, it was "RUN" six years ago...

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  #193 (permalink)
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@NinjaTrader...they did not touch this guy as they must have known his shady past and other information that they might have gotten.

So there is a plus for @NinjaTrader.


Sharmas



Big Mike View Post
A new trader should be using the reviews on this site, including this six year old thread, to make informed decisions.

In this case, it was "RUN" six years ago...

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  #194 (permalink)
 
 
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sharmas View Post
@NinjaTrader...they did not touch this guy as they must have known his shady past and other information that they might have gotten.

So there is a plus for @NinjaTrader.


Sharmas

It would be nice however they have never shown any discretion in vetting vendors. Once given, they do not police it would seem either.

If you click on the NT ecosystem link in Ninjatrader.com you now get a disclaimer warning saying none of this is our fault etc. and redirected to Trading Education | Indicators & Add-Ons | NinjaTrader Ecosystem

There was a guy recently from India who got banned here, he was soliciting sizeable amounts of Rupees from Indian investors on his website touting his Ecosystem creds and had no knowlege. He was just scammer and utterly obvious trying to figure out how to pass TST and not even doing TST just faking PnL results. He even had ripoff report complaints and yet.. he´s in here Trading Educators | Education Partners | NinjaTrader Ecosystem

Ninjatrader via ninjatraderecosystem are a passive enabler of disreputable scammers not a cure for them in my opinion.

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  #195 (permalink)
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TradingSchools review is out, especially interesting is the chapter about Ninja Trader ecosystem and I completely agree, they hide behind disclaimer while scammers direct sheep to their brokerage and generate platform sales. I noticed there NT webinar on 13th, why not to ask them publicly?

https://tradingschools.org/reviews/school-trade-sideways-markets-update/

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  #196 (permalink)
 
 
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dk27 View Post
TradingSchools review is out, especially interesting is the chapter about Ninja Trader ecosystem and I completely agree, they hide behind disclaimer while scammers direct sheep to their brokerage and generate platform sales. I noticed there NT webinar on 13th, why not to ask them publicly?

https://tradingschools.org/reviews/school-trade-sideways-markets-update/

I have a dim memory.. Ninjatrader did address this before in another thread? Something about if they receive complaints themselves or see a CFTC complaint etc. they would act? yeah, thats a great help. Ninjatrader might add a complain about a vendor form or email address then on their site?

Trading schools is itself freakin' dodgy, Emmett is highly selective on reviews. His turnaround on MES recently.. Exploiters depend on building trust (my heart bleeds for his story of *redemption) mix some profitable lies in with truth. The source of the information does matter IMO.

Realistically there is buyer beware here. Mike is right, though its very confusing starting off, asking here on FIO about a vendor will give a better idea than anywhere even if still not perfect. For example the school I started learning with is on the FIO naughty list to a degree and I got good value for my money with them so.. what can you do.

Those who can sift deceit from truth will likely be good traders (put the work into every decision) and those who don't (within reason) will lose money either way?

*if you want to redeem yourself, become a florist after leaving prison (for federal Ponzi scheme) and make people happy every day. Its very clear he can't help himself, scorpion and the frog comes to mind.


edit: ahha I found it. Sharmas was on the case.

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  #197 (permalink)
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Rory View Post

Trading schools is itself freakin' dodgy, Emmett is highly selective on reviews. His turnaround on MES recently.. Exploiters depend on building trust (my heart bleeds for his story of *redemption) mix some profitable lies in with truth. The source of the information does matter IMO.

I am not sure I would put Emmett in the "freakin' dodgy" category. Colourful yes, freakin’ dodgy, probably not.

Like any review you see on FIO, it is up to you to do your own due diligence. Some reviews of vendors that get posted on FIO are also “freakin’ dodgy”

This posts for example about MT Predictor:






Obvious all shill reviews via MTPredictor themselves.

Emmett has at the very least got people talking and is beginning to pry open the lid on the dark side of this industry. A side we all know exists and have probably been duped by at some point or another.

I don’t believe his criteria of requesting that the vendor provide proof of profitability is dodgy. Especially when you get vendors like Back To The Future Trading quoting that they have 100% leading indicators that tell you when to be ready to trade days and hours before a setup - but they can't and won't provide proof they actually trade themselves.

We can agree to disagree, but I don't believe what Emmett is doing is inherently 'bad'.

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  #198 (permalink)
 
 
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JonnyBoy View Post

We can agree to disagree, but I don't believe what Emmett is doing is inherently 'bad'.

I have no dog in the fight other than I read him and his actions and motives very differently. I will say I very very thoroughly researched his background last year but I will not make false equivalency of everyone's judgement is just as valid etc etc.

Why did I do this research? He tried to lean on an acquaintance. I would LOVE to explain it in detail but my friend does not want his good name dragged through the mud by association (sensibly). Lets just say that if you have resources to be legally threatening he won't write a review (allegedly).

He is not a good guy from what I've seen and been told. He still lies and deceives for his financial gain (and narcissism) using the ruse of being poacher turned gamekeeper and trying to trick people by being open about his past. He has no choice, he knows he would be found out and his father would suffer (they have the same name). For me, and I have old fashioned standards, its fruit of a poisoned tree as he is not repentant and still scheming.

But its my opinion. No argument with you JonnyBoy. I don't want to be seen as contrary on this, just I feel morally obliged to be tough here.

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  #199 (permalink)
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Rory View Post
I have no dog in the fight other than I read him and his actions and motives very differently. I will say I very very thoroughly researched his background last year but I will not make false equivalency of everyone's judgement is just as valid etc etc.

Why did I do this research? He tried to lean on an acquaintance. I would LOVE to explain it in detail but my friend does not want his good name dragged through the mud by association (sensibly). Lets just say that if you have resources to be legally threatening he won't write a review (allegedly).

He is not a good guy from what I've seen and been told. He still lies and deceives for his financial gain (and narcissism) using the ruse of being poacher turned gamekeeper and trying to trick people by being open about his past. He has no choice, he knows he would be found out and his father would suffer (they have the same name). For me, and I have old fashioned standards, its fruit of a poisoned tree as he is not repentant and still scheming.

But its my opinion. No argument with you JohnnyBoy.

Agreed. No argument taken.

I appreciate your response. There are always two sides to every story. I try not to judge people too quicky but I really hate being duped.

Thank you for the heads up.

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  #200 (permalink)
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dk27 View Post
I noticed there NT webinar on 13th, why not to ask them publicly?

Consider it asked. Although my webinar is focused on NinjaTrader 8, I will happily address vendors listed in the NinjaTrader Ecosystem, how they are vetted, what we are doing to improve the vetting process and what the community can do to help.


Rory View Post
Trading schools is itself freakin' dodgy, Emmett is highly selective on reviews. His turnaround on MES recently.. Exploiters depend on building trust (my heart bleeds for his story of *redemption) mix some profitable lies in with truth. The source of the information does matter IMO.

There are a lot of inaccurate statements about NinjaTrader being construed as facts in various articles published at tradingschools. Emmet, I know you are listening…Your website is void of your contact information. Can you kindly reach out to us at platformsupport@ninjatrader.com, reference this post attention to John. We want to ensure that what you write about us is accurate.

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