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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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  #71 (permalink)
Oslo, Norway
 
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That tells me all I need to know about "School of Trade".

Just sayin'....

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  #72 (permalink)
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LloydH View Post
Yesterday if you went to the schooloftrade.com website you would find the following address listed,

5482 Wilshire Blvd, Los Angeles, CA, 90036, USA.

AND if you go to the schooloftrade.com website today you will find the following address listed,

40 E. Main St. #640 - Newark, DE 19711. take a look at these pictures :

@LloydH

I have serious doubts about all "trading" schools.

BUT... having an address at a UPS store (Formerly Mailboxes Etc.) is not an indictment. I have always had one. A lot of small businesses do.

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #73 (permalink)
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Lloyd,

Most of the corporations in this country are incorporated in Delaware for tax advantages.

Fibbee

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  #74 (permalink)
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Fibbee View Post
ed·u·ca·tion·al   [ej-oo-key-shuh-nl]

adjective:
1.pertaining to education.
2.tending or intended to educate, instruct, or inform.

Within the SOT website I counted over 40 educational videos, that's not including the links for download which include all of the indicators, automated strategies, or written notes. All of them with the intention to EDUCATE the members on everything from advanced price patterns to the use of the NT platform, as well as a wide range of educational subjects that pertain to trading. They are not on selling insurance, not on changing brake pads, not on how to cook a good turkey. The lessons are trading education. JJ is not breaking any laws by offering education, therefore by definition he is a legitimate educational service. If he was offering education and then did not deliver on such an offer, he would be illegitimate.

Once again however, you are assuming that I care about Joseph James or Joseph Dufresne or Joseph Whatever's character. I do not. I cut my loss on the trade a long time ago. You should do the same. I do not care if he is a professional scam artist or the most honest guy on earth. That doesn't concern me, I am worried about myself and my own trading. It wouldn't make a difference to me if he is selling snake oil on the corner of Hollywood blvd. The trading industry, unfortunately is full of scams and people promising you financial freedom, however success ultimately lies within the individual. Just accept that.

Anyone can go to Clickbank and become an affiliate for some dumb forex robot, and start peddling people pipe dreams, the internet is littered with them. That's the reality of this business.

Cut your loss, or take him to court if you feel you have a case. (either way I don't really care)


Fibbee

I find your post disturbing and your credibility negligible. On the one hand you tout School of Trade for it's educational instruction and on the other hand indicate that you do not care where or from whom that information comes from. I'm not sure what type of education appeals to you or how desperate you are for it but a reasonably intelligent person, it seems to me, would be just as interested in the credibility of the educator as the credibility of the "information" they offer, especially if there is a price tag affixed to it. To suggest that you care nothing about the integrity of the educator and the validity of their educational authenticity says as much about you as it does about them.

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  #75 (permalink)
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Aragorn View Post
I find your post disturbing and your credibility negligible. On the one hand you tout School of Trade for it's educational instruction and on the other hand indicate that you do not care where or from whom that information comes from. I'm not sure what type of education appeals to you or how desperate you are for it but a reasonably intelligent person, it seems to me, would be just as interested in the credibility of the educator as the credibility of the "information" they offer, especially if there is a price tag affixed to it. To suggest that you care nothing about the integrity of the educator and the validity of their educational authenticity says as much about you as it does about them.

Aragorn,

I am not touting the School of Trade. That post was mainly just an effort to show Lloyd that the SOT can still qualify as an educational service because it does offer trading education. I find his posts as disturbing as you find mine. Does that mean that I do not personally find what he (JJ) is doing wrong, absolutely not. If I could be refunded my money I would take it in a heartbeat, but I know that's not going to happen. I was merely trying to equate my poor decision of joining the SOT with a bad loss in the markets, emphasizing to Lloyd that I accept I was ripped off, or wrong on the trade, and have moved on, or cut my loss.

In my personal opinion the education offered there, actually everything offered there is not worth the money. Not even close. And most of the video's could be cut down to about 10 or 20 minutes of useful information. The remaining hour and a half of "training" is just people asking dumb questions and him repeating himself. (same with the trade room) I could go into more detail about the actual information offered but for the most part it is all basic trading subjects, how to use fibs, reading the tape, etc. I will however, in an effort to further discredit myself, say that I did pick up a couple things from him about market personality that I find useful. Was that worth the price tag? no way. Now as far as JJ and his credibility goes, I am not sure why he does not trade live because he definitely knows a lot about how the markets work, and how to trade, etc. So I am a little bit confused I guess that he would not trade live. Either way it makes no relative difference to my trading as of today, and that was all I was trying to get across.

I joined the SOT about a year ago and at the time I will admit I did not do my own due diligence about Joseph James and his operation. That was a mistake on my part. So, I also feel slightly had but I have accepted that I made a poor decision and have moved on. I do care, very much so, about the integrity of the educator as well as the education that is offered. That is why I commented on this thread initially, to hopefully deter someone from spending 4 grand to learn how to trade an ema wave pattern.

Fibbee

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  #76 (permalink)
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Thank you for clarifying Fibbee. The only thing I would caution is that if you believe JJ and School of Trade to be, how shall I say it, not all that it purports to be or not in accordance with what it is being represented to be by JJ, to not appear to discredit the message that Lloyd and the others are trying to get out. It gives the impression that you are supporting and backing JJ and the School of Trade as being valuable and worth the cost. There may be others, like me, who were confused by the point you were trying to make.

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  #77 (permalink)
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I am with you. Agree 100% with everything you wrote.
I am a member since Avgust 2011 and I know what
you are talking about.

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  #78 (permalink)
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WOW I guess price went down since 2010 when I was talking to JJ. Now it is only 4K used to be 6K.





Fibbee View Post
Aragorn,

I am not touting the School of Trade. That post was mainly just an effort to show Lloyd that the SOT can still qualify as an educational service because it does offer trading education. I find his posts as disturbing as you find mine. Does that mean that I do not personally find what he (JJ) is doing wrong, absolutely not. If I could be refunded my money I would take it in a heartbeat, but I know that's not going to happen. I was merely trying to equate my poor decision of joining the SOT with a bad loss in the markets, emphasizing to Lloyd that I accept I was ripped off, or wrong on the trade, and have moved on, or cut my loss.

In my personal opinion the education offered there, actually everything offered there is not worth the money. Not even close. And most of the video's could be cut down to about 10 or 20 minutes of useful information. The remaining hour and a half of "training" is just people asking dumb questions and him repeating himself. (same with the trade room) I could go into more detail about the actual information offered but for the most part it is all basic trading subjects, how to use fibs, reading the tape, etc. I will however, in an effort to further discredit myself, say that I did pick up a couple things from him about market personality that I find useful. Was that worth the price tag? no way. Now as far as JJ and his credibility goes, I am not sure why he does not trade live because he definitely knows a lot about how the markets work, and how to trade, etc. So I am a little bit confused I guess that he would not trade live. Either way it makes no relative difference to my trading as of today, and that was all I was trying to get across.

I joined the SOT about a year ago and at the time I will admit I did not do my own due diligence about Joseph James and his operation. That was a mistake on my part. So, I also feel slightly had but I have accepted that I made a poor decision and have moved on. I do care, very much so, about the integrity of the educator as well as the education that is offered. That is why I commented on this thread initially, to hopefully deter someone from spending 4 grand to learn how to trade an ema wave pattern.

Fibbee


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  #79 (permalink)
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Aragorn View Post
Thank you for clarifying Fibbee. The only thing I would caution is that if you believe JJ and School of Trade to be, how shall I say it, not all that it purports to be or not in accordance with what it is being represented to be by JJ, to not appear to discredit the message that Lloyd and the others are trying to get out. It gives the impression that you are supporting and backing JJ and the School of Trade as being valuable and worth the cost. There may be others, like me, who were confused by the point you were trying to make.


Aragorn,

I am not trying to discredit the message, I have the same message. I was trying to provide anyone who visits this thread a factual contribution from an actual member. If anything I think that my opinion holds more weight than someone who spent a day in the trade room and has two cents to kick in. The "supporting" or contradictory nature of my previous post in regards to the education that is offered by the SOT was not an endorsement of any kind. It was basically just the sarcastic bi-product of being annoyed with Lloyd's prior comment. That whole thing about his real name being Joseph Dufresne was totally irrelevant to what I was trying to say. Assuming that's true, that doesn't mean he isn't still offering trading education, it just means he's a liar.

Regardless, If you want people to join your cause and support your message you should present the facts as they are. No matter how much negative emotion you carry about this, the SOT is still technically providing trading education. Albeit, overpriced and misleading.

My intentions here are not to fight with anyone, I am a friendly trader among traders, and that is only my opinion.

Fibbee

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  #80 (permalink)
desert CA
 
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update: I saw that this was LloydH's blog.

www.schooloftrade.com & James Wave Review

plenty of reviews and information about the shenanigans of the business.

Thanks LloydH. I'm glad and thankful for the warning about the place and it's probably helped
steer away a lot of people who would also be otherwise taken for an expen$ive ride.

(unfortunately its at the point if one just types "crude oil" in the youtube search bar, a lot of schooloftrade's "big win videos" i.e. +120 ticks, +76 ticks etc. , pop up now)

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