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Anyone use Daytradetowin and their attempts to hide the truth


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Anyone use Daytradetowin and their attempts to hide the truth

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  #41 (permalink)
 dk27 
Europe
 
Experience: Intermediate
Platform: NT, IB
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Posts: 165 since Jun 2009
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See existing thread.





lightninglou22 View Post
Has anyone try day Trade to win scalper software???


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  #42 (permalink)
 Leafcutter 
Munich, Germany
 
Experience: Advanced
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Hi, I have to admit I haven't read through all of the posts on this thread at this point, I discovered it here by accident. This is my first post on this super cool forum. The 100 bucks that I invested here at the beginning were really more than worth it!aumen:

In any case, I can only warn you: These overpriced signals are an absolute scam and do not work.

Why do i know? Because I also fell for the smart videos by John Paul - if his name is really that - and bought the entire course and the associated NT add-ons for several thousand euros and really dealt with it extremely intensively. SHAME on ME - it would have been better to invest this money for a cool holiday or so.

Believe me or let it be: NOT ONE of the DDTW strategies is profitable, it just doesn't work. I back-tested the signals several times, which was quite time-consuming, as the indicators cannot be easily integrated into a NT strategy because the code is not accessible. The fact that the strategies are bullshit can simply be seen from the fact that the stops are often five times the targets.

For example, the targets for the Tradescalper are 4 ticks and the stop is 20 ticks. This looks optically on the chart as if there are so many more winning trades than losing trades that it works. But logically it doesn't. The RR is laughable because the risk is 5 times higher than the potential profit and even higher if you take the fees into account. The decisive factor, however, is that with fast movements with market orders you often don't get the fills that you need and the market often does not come back to the trigger with limit orders. The tradescalper works in such a way that a signal is triggered every 15 minutes if a swing high or low is broken. Trading takes place on the 2-range chart or on the 1-minute chart.

The biggest joke is the draft horse of DDTW, their so-called "ATLAS line". It is marketed as the Holy Grail, so to speak. In truth, it works even worse. I've figured out roughly how it is calculated, but that's a little too complicated to describe here. In short, it is formed from the range that the market has moved in the last 6 hours, if that's still right in my head. But you could just as easily draw an arbitrary diagonal in the chart - it wouldn't work any better or worse.

The ATO2, about which there is quite a stir at DDTW, is also the cheapest rip-off. Anyone can really program it themselves with the simplest means and the Strategy Builder. Here simply the break of the opening range of the first 15 minutes is traded. Not more not less...

The remaining strategies that you buy on the side are also nonsense and so unspectacular that you don't have to mention them here.

The training program, which lasts - I donīt quite remeber - 14 lessons or so, at first view seems to be very competent. They explain to you in great detail how to trade the strategies, so that you get the feeling that it is money well invested. However, what is not explained to you even after asking several times is how the signals came about. They make a big, big secret out of it and even the teacher pretends not to know how exactly they work as they are the secret creation of godlike Tradig genious John Paul ;-)

So to get to the point: "DaytradeToWin" is nothing more than clever marketing for those who are looking for the holy grail willing to spend a lot of money instead of learning to understand how markets move. They sell you shit for money - in other words cheapest indicators that bring a huge bottom line loss, mostly on a daily basis.

In summary I can only say: Folks, please save your money, DDTW is a brazen rip-off! Like most signals that can be bought, by the way...

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  #43 (permalink)
 Big Mike 
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This thread was created in 2009 by a member, and last updated in 2021.

However, this week, March 17th 2022, Day Trade to Win has issued a DMCA takedown to Google to remove this thread from search results.

Here is the DMCA takedown:



Link:
https://www.lumendatabase.org/notices/26998192

Are you freaking kidding me? They are claiming the sunglasses in the member avatar "Dragon" are their copyrighted material? I performed a reverse image search, and there are zero matches.

I would like for them to go ahead and provide me all of the legal details regarding their ownership of this image.

In the meantime, it is a crime to submit a knowingly false/fake DMCA and you subject yourself to a reverse lawsuit due to fraud. It is fraud to attempt to remove content you dislike under false pretenses, and unfortunately the DMCA clause is abused like this on occasion by very shady vendors trying to hide negative reviews.

So, you want my advice? AVOID DAY TRADE TO WIN at all costs. I think they even tried to sue us once in the past? I can't recall but it sure sounds pretty familiar.

I'll be filing a counter-DMCA as soon as I have some time to do so.

Mike

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  #44 (permalink)
 Big Mike 
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Google made it easy to file a counter notice. Thanks Google!



AVOID DAY TRADE TO WIN AT ALL COSTS!

Mike

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  #45 (permalink)
 Big Mike 
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We won the counter notice and this thread about "Day Trade to Win Reviews" is now reinstated on Google.

Mike

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  #46 (permalink)
 Cloudy 
desert CA
 
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Maybe not mentioned already. Emmett of tradingschools.org had exposed DayTradeToWin back in 2016:

https://www.tradingschools.org/reviews/daytradetowin/



Quoting 
"During the months of June 2016 through July 2016, I made several attempts to contact Jean Paul. Several emails, and several phone calls. He does not answer live phone calls, so I was forced to leave several messages. During this period, I could see that Jean Paul was opening my messages, but he was not responding."
"Finally, during the second week of July 2016, he finally called me back."

"DayTradeToWin (circa 2016) has the following product offering:

8 week mentorship program at $5,400
Atlas Line Trading Software at $1,799
The Trade Scalper Software at $597
Power Price Action Trading course at $995

The crown jewel of the DayTradeToWin products is the mentorship program."

In my opinion, the scam vendors know when Emmett of tradingschools comes calling, they're going to be caught, so some of them fess up quickly, hoping Emmett will at least put a sentence saying "at least" they confessed to being "educational only". So hey, 'educational only' as a token carrot stick for retail newbies not yet realizing the sordid prevaricating scammy depths of the overall trading "education" scam vendor plague over the past decades:


Quoting 
He was upfront and plainly admitted that the posted trading performance was a hypothetical, best case scenario. And that the listed performance is meant as marketing and advertisement.

And, recommended to read the rest of the article. Emmett had at least 20 (out of so many more no doubt over the years as is typical) victimized customers of DTTW contact him about it which motivated his review from his plethora of next trading vendor scams to expose waiting queue "list".


Quoting 
"Over the past two years, TradingSchools.Org has received 20 individual requests to review John Paul and DayTradeToWin. Of those 20 requests, two of the individuals were prior students and had spent several thousands of dollars for the software and private mentoring.

Both individuals had dismal results. The first individual lost a cumulative $35,000 in trading losses, trying desperately to replicate the trades from the ?Atlas Line? trading software.

"He just could not understand why he kept losing and yet Jean Paul kept reporting winning week after winning week. The experience for this individual was heart wrenching. His wife begged him to stop burning through their retirement savings. He was semi-retired and was pinning his hopes on making it work out." ...


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