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Is School of Trade legitimate? (www.schooloftrade.com)


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Is School of Trade legitimate? (www.schooloftrade.com)

  #161 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

here is the video from School of Trade with their TF Trade





and here is my chart marked up with the levels

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  #162 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Charts to use:
 Entry: 4-NTRenko
 Set-up: 3-multiple of entry chart
 Anchor Chart: 2-multiple of the set-up chart
 Example:
o Entry = 4 NT Renko chart
o Set-up = 12 (3-multiple of entry chart)
o Anchor = 24 (2-multiple of set-up chart)

Analyze the Set-up Chart:
 OHLC Levels (dotted lines) (GLOBEX-Session)
 Key Trend-lines from Swing-highs/lows
 Key Retracements from major swing-highs/lows
 Golden Ratio Extensions from ‘moving-average-cross’ and ‘wave-count reset’ areas

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  #163 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750


how simple this program is and yet JJ and Megan will lead you to believe that their system is the very best out there.

here is my chart and then their You Tube video


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  #164 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Chart marked to show multiple entry using the FIB zone

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  #165 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

How to Define TREND:
Short-Term: wave-count reset with VOLUME on the entry chart
Medium-Term: Trend-lines on the Set-up chart
Long-Term: color of the ‘cloud’ on the SET-UP chart

How to Define RANGES:
Short-Term: Use the highs and lows of the set-up chart
Long-Term: Use the highs and lows of the anchor chart
Use the 27.2% Extension of the range to qualify a breakout of the range.

Entry Patterns to use:
Golden Wave-Pattern
Wave Pattern #1 & #2

Team
PM if you need further details and set ups
save yourselves 5k that SOT charges

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  #166 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,322 since Jun 2009
Thanks Given: 33,143
Thanks Received: 101,476

@sharmas leave this thread be. You've made a review now move on.

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  #167 (permalink)
LloydH
Manchester
 
Posts: 31 since Feb 2010
Thanks Given: 0
Thanks Received: 13

JCHAWAII, you are an obscene troll. I have not been active on these forums for some years, that part is correct. Nothing has changed from my original review of schooloftrade.com the review blog is located at jameswavereview.blogspot.co.uk. Your reference to me making an apology is a total lie and I never started a trade room, where is this room you refer to ? I would love to see it and speak to myself on it LOL! It does not exist, this post is a total lie and no doubt another from JJ himself or his minions. Big mike I urge you to check the background of JCHAWAII.



JCHAWAII View Post
This long thread on SOT is very, very interesting. i have attended a number of his afternoon reviews and have found him really interesting. He is definitely "on fire"...probably drinks 30 cups of coffee a day but I have back traded many of his huge trades on Replay and came up with similar numbers so I do know that AT LEAST the trades he SHOWS are legit. His DOM is white which indicates a live trading account, not SIM and he really knows his trend lines, S/R's and is funny. I kinda like the guy but I have been burned before by likable guys so I am super cautious. I was so ready to join that I put $5000 in a special account to send to him and decided to check out some reviews before I joined. I was horrified by what I saw and not just the negative comments on Big Mikes but EVERY other forum out there. So, I decided to further look into this and also try to see who started all this commotion.

It seems as though a guy called Llyod H or something from the UK started it and just went peddle to the metal with it. He has not responded to any inquiries by me and everything he did was quite a few years ago. Then on one site (probably shouldn't name it here, but it is pretty easy to find) I saw a letter by LlyodH, with his same handle, apologizing as part of his 12 step program for MAKING IT ALL UP! Seems he was a student and started his own Trade Room then was bent on destroying Joesph James. Llyod does not respond to any inquiries and hasn't been active here for quite awhile.

WOW!!! This is like "Days of Our Life" or something. I REALLY want to find out the TRUTH. I would hate to see a good man ruined nor would I want to see good people ruined by a bad man. There have been a lot of super positive comments posted and all the negative comments seem to be posted by a small group of people. The BOTTOM LINE would be is there anybody MAKING MONEY from SCHOOL OF TRADE? A lot of super successful people have "unique" personalities. I would like to find out the TRUTH here as I think personal assassination is a very serious thing and I have seen it before. Anybody remember the Mary McMartin pre school scandal?

Here is the apology from LloydH as printed in another forum;

lloydH
Read the truth here : www.schooloftrade.com & James Wave Review
lloydH
My apologies to Schooloftrade.com

I am a previous member of SchoolOfTrade.com, and I am now a competitor selling day trading education online.

The reason I am posting this today is because I am working through my 8th step in Alcoholics Anonymous, which requires me to make amends to people I have harmed in the past, and this is my sincere attempt to apologize for causing so much harm to SchoolOfTrade.com and anyone associated with that website.

In all honesty, SchoolOfTrade.com is where I learned to become a successful trader. I saw how much success they have at SchoolOfTrade.com and I thought that I could have more success with my website if I slandered their good name in this industry.

I know what I did was wrong, and I know what I have done has stolen thousands of clients, and millions of dollars from the owner of SchoolOfTrade.com.

I hope that SchoolOfTrade.com will forgive me for this horrible behavior, I am truly, truly sorry for causing them harm.


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  #168 (permalink)
JCHAWAII
Haleiwa, Hawaii, USA
 
Posts: 25 since Feb 2014
Thanks Given: 42
Thanks Received: 17


LloydH View Post
JCHAWAII, you are an obscene troll. I have not been active on these forums for some years, that part is correct. Nothing has changed from my original review of schooloftrade.com the review blog is located at jameswavereview.blogspot.co.uk. Your reference to me making an apology is a total lie and I never started a trade room, where is this room you refer to ? I would love to see it and speak to myself on it LOL! It does not exist, this post is a total lie and no doubt another from JJ himself or his minions. Big mike I urge you to check the background of JCHAWAII.

Dera LlyodH

If you read my post it says I tried to reach you many times. I tried every way possible to reach you and sent you the originals posts from the other sites. . I did not use the names of those forums on Big Mikes because I figured that is against policy. I tried to reach you on Big Mikes, your personal site as well as a few others that had your name on them, INCLUDING your site pertaining to your lawsuit against SOT. You went MIA.

In my post here on Big Mikes, I said "seems". All of this was a long time ago and I had tried to reach you so many times. For me to not pass this information on would have been irresponsible. If it is not true then I apologize. I am not trying to defend SOT, and I am certainly not Joesph James. I am simply trying to find the truth in a very, very interesting situation, which has become boring by now.

I will send you a personal reply, so as not to mention the names of the sites that posted statement attributed to you.

Again if it is not true, then I apologize, but then I never said it was true and I never called you an obscene troll and I did make a very diligent attempt to reach you, long before I posted in Big Mikes.

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  #169 (permalink)
LloydH
Manchester
 
Posts: 31 since Feb 2010
Thanks Given: 0
Thanks Received: 13

JCHAWAII,

My video review on you tube clearly provides a contact email address at the end and I receive lots of emails regarding my video and blog and I try to respond to every single one. I save every single email I receive regarding SOT. I do not recall receiving a email from you, what email address did you send a message from ?

You said "I tried to reach you on Big Mikes":
I have no private messages from you on this "Big Mikes" forum. I just double checked my message box and there is nothing from you. I wonder if Big Mike can help out and confirm if you have ever sent me a message on this forum and if so what has happened to it?

"your personal site" :
If you have posted a comment on my blog it will be there for everyone to see along with my response, what did you post, please provide a link to your comment if you have ever posted one?

"as well as a few others that had your name on them":

Which sites are you referring to , please provide links to the sites you have tried to contact me on, I assume your comments will still be there unless you have deleted them?

I have not been active on any these forums for sometime, I give you that. I do respond to any emails as and when they come to me and that includes and responses to posts and comments I have placed on forums like Big Mikes. This comment being an good example, I just received an email relating to the reply you have just posted to my comments made today. If you were trying every way possible to reach me then why did you not simply reply to one of the many posts I have made on this thread?

I welcome some answers, I find it very hard to believe you have ever tried to contact me. I also want to know where you have taken these complete lies you posted about me from? I never made any apology to schooloftrade and these comments are utterly libelous and defamatory on my character and whoever posted is no doubt in breach of the terms and conditions of this forum to start with. It is a total lie that I said "and I am now a competitor selling day trading education online". These are absolutely scandalous lies.

Big Mike please contact me directly regarding this comment because I believe there are new laws against this unmasking abusive trolls coming into affect now. I was furious to read this post today , having been scammed by SOT and JJ is bad enough but I will not stand for total lies being posted about me on the internet forums like this. I have taken screenshots of these posts and comments for my records.





JCHAWAII View Post
Dera LlyodH

If you read my post it says I tried to reach you many times. I tried every way possible to reach you and sent you the originals posts from the other sites. . I did not use the names of those forums on Big Mikes because I figured that is against policy. I tried to reach you on Big Mikes, your personal site as well as a few others that had your name on them, INCLUDING your site pertaining to your lawsuit against SOT. You went MIA.

In my post here on Big Mikes, I said "seems". All of this was a long time ago and I had tried to reach you so many times. For me to not pass this information on would have been irresponsible. If it is not true then I apologize. I am not trying to defend SOT, and I am certainly not Joesph James. I am simply trying to find the truth in a very, very interesting situation, which has become boring by now.

I will send you a personal reply, so as not to mention the names of the sites that posted statement attributed to you.

Again if it is not true, then I apologize, but then I never said it was true and I never called you an obscene troll and I did make a very diligent attempt to reach you, long before I posted in Big Mikes.


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  #170 (permalink)
DrewDown
Kansas City, MO U.S.
 
Posts: 211 since Mar 2015
Thanks Given: 301
Thanks Received: 122



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