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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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  #241 (permalink)
Pittsburgh, Pennsylvania
 
Experience: Advanced
Platform: Ninja Trader
Trading: 6E, CL, Anything that moves
 
Posts: 432 since Jun 2012
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FINALLY!! Great!

THEY ALSO NEED TO HIT UP PRISTINE TRADING ACADEMY

That sh_t was and is complete garbage.

Maybe that is why they changed their name to t3live.com

Those are other garbage garbage trading room from what I remember before.

ALSO: DAYTRADING
THEFUTURES.COM / SYMMETRY INDICATORS


Are also complete complete garbage >>> AND ALSO >>> In the Ninja Trader EcoSystem and they do a TON of WEBINARS.

The Turnover in his room is massive because after a month people realize he is a bullshiter and leave.

Sh_t he does:
  • Calls off trades and never shows his trades DOM or Chart Trader even though asked a million times repeatedly
  • he will say he got in at one price and his stop was at another -- then the market reaches that stop price and he says his stop was not hit and that the trade was perfect even though basically everyone in the room lost money
  • HIS SYSTEM WAS a Bunch of Indicators that are found here on Futures.io FOR FREE !!!! And he goes around saying they are his only.
  • AND LAST BUT NOT LEAST: He would go insane if you asked him for proof or anything or questioned him and his "system" in anyway. The guy is fkn INSANE. :O :O :O


There is a REASON WHY he DOES A TON OF WEBINARS FOR NINJA TRADERS "EcoSystem" because he is constantly, completely and routinely >>> losing money and then he needs Ninja Trader's Base to keep paying him the monthly fees.

Ninja Trader loses FACE and CREDIBILITY Every single second that guy is still on their "PARTNER" List!! Thank God they are finally starting to realize that. There is a reason Bloomberg charges $2000+ a month for their terminal. :O Crazy yes.. Over Priced? Yes Definitely but they have nothing but high yield and return indicators on their platform/terminal. If Ninja's starts cracking down and eliminating the crap then it would DEFINITELY get a ton more clients or even be able to charge a bit more for the licences. Both which would be good for the traders because that money would go into R&D or more programmers to finish the platform faster.


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  #242 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
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OpalDragon View Post
FINALLY!! Great!

THEY ALSO NEED TO HIT UP PRISTINE TRADING ACADEMY

That sh_t was and is complete garbage.

Maybe that is why they changed their name to t3live.com

Those are other garbage garbage trading room from what I remember before.

ALSO: DAYTRADING
THEFUTURES.COM / SYMMETRY INDICATORS


Are also complete complete garbage >>> AND ALSO >>> In the Ninja Trader EcoSystem and they do a TON of WEBINARS.

The Turnover in his room is massive because after a month people realize he is a bullshiter and leave.

Sh_t he does:
  • Calls off trades and never shows his trades DOM or Chart Trader even though asked a million times repeatedly
  • he will say he got in at one price and his stop was at another -- then the market reaches that stop price and he says his stop was not hit and that the trade was perfect even though basically everyone in the room lost money
  • HIS SYSTEM WAS a Bunch of Indicators that are found here on Futures.io FOR FREE !!!! And he goes around saying they are his only.
  • AND LAST BUT NOT LEAST: He would go insane if you asked him for proof or anything or questioned him and his "system" in anyway. The guy is fkn INSANE. :O :O :O


There is a REASON WHY he DOES A TON OF WEBINARS FOR NINJA TRADERS "EcoSystem" because he is constantly, completely and routinely >>> losing money and then he needs Ninja Trader's Base to keep paying him the monthly fees.

Ninja Trader loses FACE and CREDIBILITY Every single second that guy is still on their "PARTNER" List!! Thank God they are finally starting to realize that. There is a reason Bloomberg charges $2000+ a month for their terminal. :O Crazy yes.. Over Priced? Yes Definitely but they have nothing but high yield and return indicators on their platform/terminal. If Ninja's starts cracking down and eliminating the crap then it would DEFINITELY get a ton more clients or even be able to charge a bit more for the licences. Both which would be good for the traders because that money would go into R&D or more programmers to finish the platform faster.


People can only find this if you share on the right thread. These vendors should already have threads here.

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  #243 (permalink)
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
 
Posts: 757 since Apr 2010
Thanks: 3,787 given, 725 received



emini2000 View Post
I reported to Youtube a couple of days ago myself.

Most of you would have by now know that i have been fighting this fight with SOT and JJ for a while as on his You Tube channel, I have left a lot of messages/comments and also have reported JJ to You Tube and yet nothing has been done

Lets all complain about him and lets send him where he belongs


They have no concern for anyone and all his Trade of the Day videos are in market replay.

I urge everyone to take few minutes and complain to You Tube and also those in US to complain to CFTC via phone


Thanking you all ..

Sharmas

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  #244 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
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Posts: 48,922 since Jun 2009
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A user emailed me and told me that shortly after the FIO newsletter went out, he received an email from SOT indicating business as usual.

He also admitted to getting scammed for $3500 by these people.

SchoolOfTrade.com WHOIS, DNS, & Domain Info - DomainTools

According to this, it's a shared server with GoDaddy. So perhaps GoDaddy would be interested in knowing what their customer is up to, and shut off their hosting.

https://supportcenter.godaddy.com/abusereport

There is the link to GoDaddy's abuse report service. Unfortunately, there is no link for "fraud" but you can still submit a report under another category and make your case, if you want to see this website taken offline.

Mike

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  #245 (permalink)
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
xplorer's Avatar
 
Posts: 5,063 since Sep 2015
Thanks: 12,639 given, 11,383 received


Big Mike View Post
It will work if enough legit people complain. FIO members were able to take down another person's page a couple years ago for making death threats against me for exposing him and his company.

Not sure how many are needed, but right now there are hundreds of people reading this post, just a fraction would likely be enough.

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Reported

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  #246 (permalink)
Manchester
 
 
Posts: 31 since Feb 2010
Thanks: 0 given, 13 received

I reported this to YouTube years ago and they did nothing. They even took my own video warning about SOT down and I had to fight them for weeks to try and get them reinstated, some of my SOT warning videos remain removed to this day. I sent them the recent CFTC notice regarding SOT and they just did nothing once more, all they care about is videos that get clicks and nothing else.
JonnyBoy View Post
Done. Let's see if YouTube has the minerals. My bet is no.


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  #247 (permalink)
san antonio, tex
 
 
Posts: 73 since Nov 2014
Thanks: 17 given, 28 received


kevinkdog View Post
......
But most of these bonehead vendors talk a good game, yet cannot trade their way out of a paper bag. That to me is a big deal.

now here is someone that knows what he is talking about!!

My question is what is "school of trade" doing that is so bad that every other training system hawker isn't doing? It's the same ole bull shit about how "it could go here, or it could go there" and adjust the time frame to retro fit to success.

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  #248 (permalink)
Manchester
 
 
Posts: 31 since Feb 2010
Thanks: 0 given, 13 received

Call the CFTC and ask them, why don't you tell them they don't know what they are talking about while you are on the call and see what they have to say to you ?

thailerdurden View Post
now here is someone that knows what he is talking about!!

My question is what is "school of trade" doing that is so bad that every other training system hawker isn't doing? It's the same ole bull shit about how "it could go here, or it could go there" and adjust the time frame to retro fit to success.


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  #249 (permalink)
glostrup, denmark
 
Experience: Advanced
Platform: Custom platform
Broker: CQG
Trading: Futures, Options, Stocks
 
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Posts: 249 since Aug 2011
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NinjaTrader View Post
Clearly I was wrong, in fact they were listed on our website for a period of time. I am looking into this since I sincerely thought they were never listed.


Improving how vendors are listed and continually audited has been a high priority project for us over the last few months. I appreciate the concerns raised by members of the forum and know that I take this very seriously. As a result, our improved process will be more transparent and public communications more frequent.


No, we do not.

Do you give commision incentives to education partners if they refer to your brokerage?

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  #250 (permalink)
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,776 since Jul 2012
Thanks: 1,425 given, 5,344 received



thailerdurden View Post
now here is someone that knows what he is talking about!!

My question is what is "school of trade" doing that is so bad that every other training system hawker isn't doing?

According to the CFTC, SOT crossed the line by committing fraud, making up live trade histories, etc.

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