Thanks for sharing Kujo and everyone else. Many of us had been taken early in our trading careers. Actually I would have left it alone, but then I saw OTA had more "live trading" videos posted. I was curious and wanted to see if there was any rhyme or reason, but it was the same old stuff and the "code" changed again like it was last year , and the year before. Then he continued to take potshots at message boards calling him a scam in a recent video, at the end of the video and laughing about it. Hopefully he can't fool more new traders of precious learning capital which is needed for truly useful learning materials or tools and platforms. One would be better served learning to trade crude without indicators by reading Mark Fisher's book "The Logical Trader" and the ACD method.
Oh geez, in the new OTA video now he says the old irc #Financial Chat rooms are the real "forums"? A desperate look-see for teenagers who grew up with only web social media and missed usenet, BB's, telnet and baud modems. Those unmoderated irc rooms are mostly empty now with most having moved on to futures.io (formerly BMT) or Elite or other forums. Seriously, most traders don't know about them? Grasping for straws in the argument now.
Last edited by Cloudy; May 22nd, 2013 at 05:08 PM.
Geez, that's some pretty heavy stuff in this so-called 'articles'...and I really should be not surprised not only reading those dumb and stupid comparisons with German history from this lunatic as well as personal comparisons regarding Fat Tails....it's a shame, and I won't go any further on a public forum...
OTA guy says he's moving to the European timezone so he can play all "three" codes. Just a few weeks ago there were only two codes. Then "code 2 plus". Now it's officially three. You pegged it Kujo. What about the American lawsuits pending? Going to be a Londoner now, "happier abroad"? Just so you know, the freemasons started from Europe centuries before. Then he berates even his own duped clients who got only code1 saying they are "struggling" because they didn't go for code2. Way to go. Enjoy the rehypothecation London bells rules.
Last edited by Cloudy; May 25th, 2013 at 12:53 AM.
So that is why trading oil is so hard? Why would they keep changing the code? That's just plain mean.
I am sorry guys for wearing this out, but I just got such a laugh out of something that started so innocently. All I wanted to do was leave a comment offering a different view of futures.io (formerly BMT). When he posted a video specifically about me that is when it really got funny, and now it is just entertaining.
If that is what the guy does to make a living, and he is good at it, live and let live. There are far worse things some people do for money. If someone bought it and it did not work, it's a good lesson for them. Trading succesfully does not come in a shiny package.
The following 2 users say Thank You to GaryD for this post:
He has officially put a complaint on the FBI site about Big Mike's Trading for doing and saying the types of things he has been doing for years and years about dozens of companies and people that run legit businesses.
If an agent wastes two minutes of his time on this it will be only to gather his/her buddies around to have a good laugh at David's expense no doubt. Maybe they will do a public service and stop by and see David and offer him some treatment in a nice federally funded facility. Maybe get him some help.
The following 3 users say Thank You to Kujo for this post:
:sigh: This is what I get for warning newbies. David, you picked the wrong place to bother and to attempt to dupe newcomer aspiring retail traders in these tough economic times.
futures.io (formerly BMT) is a well moderated site. That's why newcomers flock here from around the world. A lot of the scam and all spam stuff is filtered out and warned about here.
With the CFTC mostly turning a blind eye to the retail trading educational industry, there are few voices warning thousands of new traders not to be taken by dubious trading educational products and indicators. The retail industry is still like the wild west and we need to be aware of snakeoil wagons and warn those uninitiated.
I'll make it easy for whichever FBI personnel comes researching this site and reading this thread and post and they can see for themselves how everyone is called "freemasons" who reviews the dubious "codes". When the material of freemasons is just pulled from CoastToCoast AM radio, Alex Jones show and many other media on conspiracies and used just to market this tripe set of "codes" which keeps changing.
Here are the links to past reviews from many other trading sites: Hope the FBI read all this first.
And complaining about having been asked to show trading statements or some past summary records. http://www.youtube.com/watch?v=TGZES7L6R0w&feature=youtu.be&t=39s
Wouldn't a successful trader keep a spreadsheet or record of their profits or at least politely reply it's not available? Instead it's a list of clients who were duped and wouldn't go for code2 for 1k more.