This guy is a complete fraud he want people to donate $10.00 + for (coffee donation) like every 10 minutes. quoting bible scriptures to get people to join his cult of followers and selling freeing indicators and making many fake account like the one he has on here here (now)
I have been a big supported of Futures.oi and I know good people on this site create some of the best indicators and share them for members and dont like to see there hard work being sold and they get none the credit. He also attack other people that he dont and ask other people to attack other traders that don't want to join his cult of traders. (This is all my opinion). please be ware.
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I feel obligated to update this post- I don't want to go misleading anyone here and I don't want to go attacking Vinnie either.
Firstly, I'm not an advocate for ANY live trade room, AND I'm in no way affiliated with this room or part of any of the paid services on offer. However, I will still occasionally visit the "free" room towards the end of RTH- Personally, I find it entertaining.
When I made my initial post, full access to the room was free, now it's a $500 per month premium- which I think is over the top and in no way justifiable (No trade room is worth that much IMO). Not many seasoned traders would spend that amount on a live trade room, so all you are going to get is newbies who think they have stumbled upon the Holy grail.
I was never in the room to copy trades or learn a new approach, it was more for engagement & entertainment, which the room certainly excels at- I found it more engaging than any live trade room I have ever been in. I also warmed to the idea of a community of traders, much like that of Futures.io.
However, I feel as though I was misled on the premise of the room, which was supposedly geared towards building a community of traders. Charging $500 per month for a live room( and 10k for a course/ mentorship) is never going to build a community of traders. Your typical newbie trader can barely afford to fund an account( apparently a lot of them can't even afford an FIO Elite Membership), let alone spend $500 per month/ 10k on a course- while your experienced/ profitable trader knows better, and probably has a wee chuckle to himself thinking he was once impressionable enough to be seduced into something like this.
I'm not saying the room should have stayed "FREE", however, it's disappointing to see such an aggressive pricing structure that certainly doesn't favor any sort of community movement. From a business perspective, I think the room could have become more sustainable in the long run if a different model was used with a more favorable pricing structure. The room already had the "Blue Ocean" style concept but appears to have sunk into the red sea.
And don't think I'm some kind of FREEloader, it's more the idea of creating value by charging less, so you end up with a larger more diverse, loyal community, who back each other up and help each other out.
It also doesn't help that Vinnie seems to constantly be in some kind of "beef" with someone, which is damaging to the integrity of the room and no doubt emotionally taxing on himself (at the moment he’s in some war with another YouTube "live” trade room", before that he was battling with an ex-moderator of his own room). This kind of drama creates a toxic environment for any newbie trader.
If Donald Trump ran a trade room, this would most definitely be it. Although you don't really want to vote for him, you definitely don't want to vote for hilary. So to put it back into context - You know any live trade room is a bit of sham, however, if you had to go into one, it might as well be this one.
To conclude; I like Vinnie, however, I don't like the direction the room has taken, and I wouldn't recommend for a newbie trader to go breaking their bank just for a seat in the room. If the room were still free, then I would still recommend that everyone check it out
"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
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