amazing; kind of like "Lord of the Flies". and a sad state of the human mind, to find fear and hate in every corner without the right facts. I will not attack any of my brothers, or boast, or make any claim; but simply live with the fruits of my own labors. A true successful trader has no need but to focus on his own trading and success; therefore what others do is of no consequence. I will leave here now; in my own peace knowing I have hurt or deceived no man, and shake the dirt from my feet to move on with those souls who understand the fine art of trading.
As I have stated in the past, I was a member of The Jaguar Trading Club for about a year. I was a member of the room for more time than Dave. I spent more time in the room than Dave. Dave has been taking Ed's "acid test" for well over 8 months now. Dave's trading, in my opinion, has not gotten any better than when he first signed up for the club. This is based on what I have seen directly when Dave was given the opportunity to display his trading screens.
I witnessed numerous times where Dave would take trades that were on emotion. This is similar to a new retail trader "missing the train" and then chasing. Dave talks about controlling emotion. This is "the pot calling the kettle black". Dave also knows that he was attempting to sell memberships "out the back door" from the Jaguar Trading Club. Yes, I have a direct source who told me Dave was trying to sell Ed's membership at a reduced price. I also witnessed Dave trying to peddle water purification systems when Ed gave him control of the room and had left on one occasion. This is the truth. Could I really make this stuff up? It was a circus. Dave also is the member I had mentioned earlier (but chose to keep his name out of my statements) who loves to call out trades that have already happened. "I am long/short CL at this price". Well that was 20 seconds ago and now the trade is running in your favor. This happened some many times, I lost count. When I read Dave's statements I knew I could not sit around without speaking up. Dave might actually believe Ed because he has almost the same personality as Ed.
Someone said that we are all bashing Ed relentlessly. I speak just for myself. I want my money returned. I also do not want anyone else to waste their money or time with this scam. I also want Ed banned for life regarding trader education. He is a fraud. He does not give a c r a p about any of this as long as it disappears before the start of 2015 where he will continue his fraud. Vendor's (Ed) in my opinion should be held to a higher standard when showing/executing trades. The vendor is the one who is charging fees to obtain their knowledge. This is also where trust is so important. Ed has lost my trust. I think I speak for the rest of the traders who have been screwed by Ed-we're not going to stop until Ed is stopped.
I hope this thread remains on topic and Dave as well as others will continue to post their personal experience. Dave, after reading your post I got nothing. I would like to hear how Ed has changed your trading since you joined the club. Explain how his methods are better than a 48% or so win ratio? Please come up with something better than we are all lazy and none of us ever gave 100% to Ed's "method". That is a load of garbage.
Last edited by opentrdr; December 16th, 2014 at 06:16 PM.
The following 3 users say Thank You to opentrdr for this post:
There's a lot of anger here because people feel Ed stole money from them. Deliberately stole money.
You were in the room when this whole thing went down. Ed did his usual thing. Drags out his trade list showing another amazing session. He was accused in very clear language of being a fraud. Several times. He was asked repeatedly to show his DOM. He refused, got mad, said he had nothing to prove to anyone, and closed the room.
Ask yourself this, Dave. If you were trading like Ed claims, and someone accused you of being a fraud and demanded to see your DOM, what would you do? Probably drag your DOM out and say nyaa, nyaa, nyaa. DOM matches trade list. Case closed. Accusations crushed. So easy.
But what did Ed do? Closed the room. Sterilized his web site. Changed all the passwords. The last time Ed got mad and changed the passwords was when you tried to sell your membership to someone, remember?
I've seen you trade in the room. You show your DOM. Sometimes live, sometimes sim. That's good. It's honest. That's all anyone is asking Ed to do, but he refuses. Why? Because he can't. It won't match his trade list. Why is that? Because his trades aren't real.
If there's something about what Ed "teaches" that is helpful to you, and has made you a better trader, I'm happy for you. But for the other 68 out of 70 people over the past 5 years, there was little or nothing of value. True, there were probably some people that wanted the quick fix, red light/green light answer. But for others, myself included, we worked crazy hard on this. I for one, don't appreciate being called lazy. I might be a moron, but I'm not lazy.
The following 3 users say Thank You to Tiger45 for this post:
Sorry @BeachTrader, but I had to respond to this post. ďThe system works and its realĒ; this is your argument? You could have ignored all the facts and made the same arguments for Bernie Madoff. The funny thing is Ed sent out an email and told his members what to and what not to say. Ed might be a con artist but he is a brilliant con artist. Ed knew the facts are against him, which is why instead of saying he had nothing to hide, he immediately hid everything from his site. But if you had actually took Edís posting advice your post would have at least come across as sincere and I would not have responded to it.
First there are about 3 or 4 members that I thought might come to Edís defense. But Dave is a special situation. Ed has been grooming Dave to take over the room. Dave actually sold back door memberships and Ed sent out an email (shown below) changing the password due to Daveís actions.
Dave you attack the posters, but yet show no facts. In fact your entire post is 99% fact free. In my post I actually showed evidence that the video Ed posted and told members was live trading; was not. I spent 60 plus hours a week for thousands of hours putting Edís teaching into practice and as I said I finally realized there was just nothing to get.
You talk about the acid test, yet you have been continuously in the acid test since the spring of last year and your have never passed. I have only heard of 2 members that ever passed the test and the only one of those 2 I have ever seen involved in the club was Ken Sklander, who passed the test over a year ago. But IMO opinion Ken became successful in spite of Ed, not due to Ed. Ken does not trade or manage the trades like Ed is teaching. After Ken passed the test Ed changed his setup to adopt Kenís setups. As Tiger45 pointed out most of Edís setup such as the Golden Boy, Silver Boy and Tap and Go are all Kenís setups. And the worst part of it is I have talked to Ken and he says Ed is explaining all his setups incorrectly. So now Ed is not only teaching Kenís setups, but doing it incorrectly. Yet even Ken, who was Edís poster boy, has come forth and discredited Ed. As Tradermark2009 said this had to be difficult for Ken and showed a lot of character.
Well, Dave if Edís teachings are really gravy for you, which I doubt, I wish you the best of luck. But members who feel they have been completely ripped off by Ed have every right to bring forth there experience and warn others.
@BeachTrader I wanted to briefly respond to your comment. If Dave posted his personal experience with the Jaguar Club, even if I disagreed, I would not have replied to his post. In fact you can see after my original post, Joe expressed his personal experience and even came after me a bit, yet I did not rebut his post, because I felt he had every right to express his opinion. But Dave has made groundless accusatory statements saying the system is great and the members posting here are just basically lazy and did not try. When you do that then you throw yourself open to rebuttal.
As far as I am concerned I think all that needs to be said has been said.
The following 4 users say Thank You to arafg for this post:
That isn't true. If he wants to answer some questions asked by members he is free to do so. A problem would only exist if he promotes his business or make unsolicited promotional posts talking about his service.
Sent from my phone
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post:
@cory, you are right Ed can't but he wants his room to do it for him. If that is the case, they cannot deny what has taken place this last week or so. They can only make veiled and failed statements that room mod Dave made. But they are fighting for the reason to still be a part of something, and still listen to Ed say how worthless we are.
As you all can see, we did not force Ed to hide and retract everything that we proved. He did that all on his own, that alone should say something. Just stop and think about it. Yet, people will still validate this mentorship as having any merit, with what he just did this past week shows he doesnít. He just wants to cause a little chaos, which I hope no one falls for. The truth is the truth, we proved that, yet we still have to defend ourselves. Sad, really!
The following 3 users say Thank You to tradermark2009 for this post:
See attached email from Ed to Dave....yes dave " sad state of the human mind, to find fear and hate in every corner without the right facts.......in my own peace knowing I have hurt or deceived no man" a sad sad state indeed.
Those around Ed may not be innocent as they would like to be. We do not make the news we only report the sad sordid tales that have taken place. Does this make us proud, no.
BTW, if anyone has anything good to say like they have become a profitable trader, then please tell us. Just do not come in a say I can trade, Ed is great, just show a little proof has we have. Please be truthful and factual as we have. We will not so called attack anyone who can show some truth. But we have people who still are in the room, who feel they have been ripped off (they signed upand relied on those false records), and do not like losing time and money from a teacher who they thought was honest.
TY arafg for posting email, I deleted mine when I saw it come in some time a go.
The following user says Thank You to tradermark2009 for this post: