The only joke is the large number of traders who actually paid for this course. always do your diligence and be sure the trades recorded are actually taken in a live market. Does Ed do this? NO Does he ever show a number of live trades using his methods? NO When I took a trial i asked to see his live screen again he refused.... Why all the winners that no one can verify? again no answer.
Of course Ed isnt the only one who trades "away" from the computer this forum is full of vendors who use all these tricks. In fact of all the vendors mentioned here I've only found one who actually trades live with full access on his screen." trades are sim but slippage on fills are accounted for.
Ed learned all the vendor tricks when he was a room moderator and just figured he could start a site put a bunch of bullshit on it and act like he was making big $$ every day. of course those who didnt have the proper means to see through his ruse get stuck for course fees and even bigger losses in their accounts...
The methods he used are actually protected under the warnings used on his site so remember always to do your work when using any vendor. Simply put when I called him out he refused to answer and eventually booted me. Go figure.
After reading these posts over last week, I must say I was really shocked. Edwin Abreau, better known as Pro Trader Ed and operating as Jaguar Trading Club, has really created quite an elaborate scheme here it appears. Even though I was never a club member, for quite some time he had me fooled also and I thought he was legit.
Why he has not come forward anywhere on his own behalf I think speaks volumes about what he has been doing. He also has made almost daily changes to his website including taking down his pay for club memberhsip, hiding his trading results, and posting his disclaimer all over his website. Previously, his disclaimer was in fine print at the bottom of the first page.. To me , none of this bodes well for a man who is honest and transparent.
Equally alarming is why none of his students have come forward since these recent allegations and validated his legitimacy in trading.. There has not been a peep from any one of them on this forum. Again, this does not bode well for the legitimacy of what he had been doing. You would think out of 70 or more club members over the years, at least one of them would come forward and validate his legitimacy, but no one is to be found.
I really hope justice prevails in this instance. Not only did Protarder Ed, Jaguar Trading Club , and Edwin Abreau take $3500 from many traders in what appears to be false pretences; he stole something more precious from them than money.. He stole time from them that they can never reclaim. I hope many of the members pursue the legal remedies at least get their money back.. Unfortunately , their time is lost and we all must move on.
Last edited by Traderwolf; December 15th, 2014 at 10:40 PM.
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When I was a guest in his room, I asked a few questions about his method and got some very vague answers back. I understood that he didn't want to give away any information about his methods to someone who wasn't a paying member. I do remember him saying "You need to be me, to trade like me" Looking back I now realize how true that statement was.
I did find him a very odd character, quite narcissistic and full of his own sense of importance and yet when he did put on a trade he seemed totally stressed out. He even told someone to 'shut up' he wanted to concentrate.
He was always very keen for members to take the mic as he said he was bored doing all the talking. I now realize he needed this to happen so he could make a bunch of trades on sim and then delete the bad ones and post fantastic results for the day.
Last edited by pvlee; December 16th, 2014 at 04:00 AM.
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Been in the club for a year; its been all gravy. Seems most of what is posted here is by casual observers who never attended the room long enough to know anything about the club. or members who never made it through mic work, or chart work, or basic strategy work. Many, most, didn't participate in spending the time to do the real work, for whatever reason. In fact over 90% never finished the acid test, the 100 yard dash to prove their own stable psychology. So many attended so irregularly that they just quit and or decided this forum was a great place to vent about their own inability to demonstrate self control. I wasn't going to waste my time posting here, but people need to focus on trading rather than bash others. All I'm sayin is the system works and its real.
Say what you want; but trading is about self control. later.
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Is this the Dave that helps the famous ProTrader Ed. WOW, you are GOOD.
I would expect the same crap from you as Ed. But, here after Ed was showing off Kenneth for almost a year...guess what he's GONE. So Ed is going to march you out now? Here, go take some arrows for the team. Kenneth said he could not support what has been going on in Ed's room, based on what TRUTH in this thread has stated. So you are saying that people should spend the money for a fraud. Somebody who had to photoshopped and/or delete his daily records to show the world he is a trading GOD. Someone who had no shame in doing so? Genius!
Dave someone said you and the rest of the Ed minions are drinking Kool-Aid, well, here's a news flash you are. See we just exposed your leaderís fraud, but you could care less.
You expect us to take in FAITH after what all has been done on his website, stripped to the bone, Matt removing his logo, futures.io (formerly BMT) saying he could not recommend ED, the post after fraudulent daily post exposed. Now you come here and say the people here are just complaining, poor traders, didnít take the time to learn Edís system. No we have pointed out REAL facts REAL FRAUD, in what YOU and Ed are doing. I know this maybe a reality flash for you, but we are only stating FACTís for the world to see.
All we wanted was Ed to be HONEST and display some truth on how he marketed, to how he traded, how he ran his room, and show people how he traded, as he said he would, nothing more. See it was too hard to see between the shades of gray to what was the truth to what was a bold face lie. Now you tell us we have no clue.
Dear Dave, we have a clue, and Ed cannot trade, HE is a fraud, and guess what that make you. You are a willing accomplice to all Ed ill gotten gains as he signed up one trader after another based on lies, that you help distort. If you had the lack of brains to come here and lecture us, I see you like Ed have no shame yourself. Now, please go back and drink more Kool-Aid, and get rid of that hangover.
After all the facts, you still come here and blame us, once again, Genius. You and Ed are what is wrong with this whole trading game. So many FRAUDS out there, no one knows who to believe anymore. If I were anybody who really wanted to learn how to trade, go take the Topstep training, and get some real facts on how to trade, and then go take some combines and see where you stand. Let these poor souls feast upon theme selves, they have nothing to offer. I know, I have been around the block. Go see how big Mike trades, and learn a little, please.
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@pvlee, when I was a member, I saw the same thing, and grew tired, of the negativity that he led the room with. Nice to see that iti still is the same. Wait, "shut up", because now I have to phototshop my daily log. Yep, he can trade, and this is just a glimpse of how he trades and treats his room. This is the same thing that @Tiger45 stated in the beginning, when Ed jumped him. Again, what is the truth, what is the lies, and trade in that environment? When someone cannot be transparent, we ask what is hiding and why. If we become suspicious of what a head trader is teaching them how does that affect the students. Trust in a training situation is EVERYTHING. If a trainer has been shown to be a fraud, can you ever TRUST that person again.
What we have shown here, is that Ed Abreau, ProTrader Ed is a fraud, yet, people who benefit by is fraud say we cannot trade. Well we can, just not what Ed showed us. Fraud, when sought in court, is a possible jail time offense, and for sure restitution to those who have been harmed. I would tread lightly on this Ed and Dave, we have evidence to go after your room in a civil case if we choose. We still have time on our side to make that decision, its not up to you, by name calling. The facts will and have spoken for themselves. If I were you do not add to that fire, its stoked already.
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I don't know Ed or ever attended one of his sessions. But this thread is becoming more like a bash thread - similar to what Elite Trader does. Ed may be a scammer - I don't know, but to repeat it over and over and over again and assume that anyone who writes something positive is also a scammer is a little too much. I hope futures.io (formerly BMT) is not heading that direction.
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I hear what you are @BigMike are saying. I think what is different here; Mike will not allow that to go that far.
@BigMike, Dave, is the same type of thing that Puretick did. Send in the minion to cloud the minds of the message with no facts. Again, this guy works with Ed, not sure if he is paid, as the others were who helped Ed room the room. I am sure we will not find out sooner than later, now.
What we did if you have read the whole thread is not just say wild statements. We backed everything up, based on what WE experienced in the room, over the last 3-4 years, what Ed posted, what Ed wrote, what Ed said. We only show those who cared for the truth, of what was behind the scenes. You have to give us credit, right?
Dave is not an innocent sign up at Ed’s, he actually runs the room with Ed and comes here and offers no facts, but said we lie, Ed can trade. Yet, people say we/I am bashing him. No, if someone is going to come here with no facts, just statements, and with that act as facts, where is the truth in that. We have posted post after post of outright trading fraud-does anyone care about the truth? One who works with Ed shows nothing, and we are wrong. I am not so sure that is correct. We just want Ed to close his room, to stop lying that he can trade. His fraud up to now shows that he can’t and should not be teaching. Please tell where I am wrong?
Isn’t fraud, fraud, or is it just a little fraud? Remember, this is how he got his students, and still is. Please listen to the truth, and what we posted, they have post NOTHING, just words.
I, to want this behind me as I am sure all parties do but the fraud has to stop. I again thank @BigMike for this forum. Just the facts and not emotion, please.
Last edited by tradermark2009; December 16th, 2014 at 04:56 PM.
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