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NYC, USA
Posts: 2 since Aug 2020
Thanks Given: 0
Thanks Received: 12
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Good day fellow traders,
I've been a member of Eminplayer.net and Opentrader.com for 4+ years now.
Over the past year my faith in their legitimacy is at an all time low.
I truly believe Awais Bokhari, the owner of EMiniplayer.net, has never been a professional, consistent trader (trading for a living) and he has never proven that he is since the conception of his site in 2010/2011 (has never posted his own brokerage statements). I firmly believe he makes his money solely from EMiniplayer.net subscriptions and from his ownership share of OpenTrader.com. Currently he has several hundred or more subscribers to his site paying $97/month, so he does not need to make money from trading the analysis he posts daily.
As for his content: the videos he posts in the morning pretty much just lay out support zones that exist below and the resistance zones that exist above and that you need to watch realtime price action to determine the best course of action. That's fine but no actionable advice is given.
During the day via Twitter he often throws out a kudos to a random member who took a profitable trade. Also throughout the day, if one of his zones worked he will post just that with a few $$$ signs added on. He obviously does this to try to lure in more subscribers.
Then comes review after the market closes. He will proceed through a 2 minute and 5 minute chart and plot an arrow exactly where price had turned around (even if price had sliced through one of his zones by several points), touting that all of these "opportuntiies" fit perfectly in his plan laid out in the morning and that if you were only to follow exactly what he said then you would have ended up catching every swing that occured in the session. Well honestly these "opportunities" did fit in his plan because all he said was that there exists resistance above and support below and anythng can happen.
Next are his known associates: Ziad Masri and Aaron Parker. Ziad Masri has for the past 10+ years touted his performance in 2008/2009 and has never shown consistent results since. Ziad Masri is Awais's partner in OpenTrader. Ziad Masri quit trading last year. Aaron Parker, who ran Awais's $300/month chat room quit trading over 2 years ago to take on a desk job. Needless to say neither of these people were nor are professional consistent traders.
Awais is a nice guy. Ziad and Aaron are nice guys. They are all nice guys. Everyone is a nice guy when they want your money.
To summarize: Awais Bokhari of EMiniplayer.net is purely an analyst and does not trade his own analysis.... he makes enough off his subscribers. Interpret that however you want.
Dan
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