Scam stock day trading academy

Scam stock day trading academy

Author: Teplohod-Man On: 12.06.2017

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Our Man Goes Undercover and Tells All

February 25th, February 21st, If you already have an account, login at the top of the page futures io is the largest futures trading community on the planet, with over 90, members. At futures io , our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer.

The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community.

Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

Questionable Day Trading Academy Reviews [Screenshot Proof]

At futures io , our focus is on quality education. No hype, gimmicks, or secret sauce. With futures io , you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. We are fundamentally different than most other trading sites: We are here to help. Just let us know what you need. We work extremely hard to keep things positive in our community. We do not tolerate rude behavior, trolling, or vendors advertising in posts.

We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it. We expect our members to participate and become a part of the community. Help yourself by helping others. You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple. The Day Trading Academy Marcello Arrambide www.

scam stock day trading academy

The following 2 users say Thank You to marcelorgil for this post: Quick Summary is created and edited by users like you Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message. Last edited by joaobucks; February 22nd, at The following 4 users say Thank You to joaobucks for this post: Cloudy , Elvin , Target , traderwerks.

scam stock day trading academy

I got on his mailing list and received links to some of his intro videos. Marcello, assuming he is the main instructor, likes to show intro videos showing him at exotic vacation spots like Rio and Gibraltar. He looks extremely young for having claimed 10 years trading experience, and then he says he just uses one computer, a laptop and it didn't even seem like a high-end laptop.

Uncomfortable to say the least. It's fine to have fun in a video and a lax attitude intro to it all even though the vibe seemed like a college or highschool "academy". Anyways there was some comment on the page about a student who blew up his account yet it was tried to put it into a context of a "bigger trading plan".

Our Man Goes Undercover and Tells All

It was not very inspiring or confidence building to say the least. Comments follow the blog post. The Day Trading Academy Someone emailed me screenshots of their sessions at DTA. It's the same as the recent "recap" screenshots on the main site. Basically the method is to wait for a full penetration by price on the main center moving average of the bollinger bands, then enter on a retrace tag of the main EMA.

A very common retrace entry idea. With supposedly some extra bias from the "yellow" moving average, whatever it is. That's all it is. My pal said the sessions were just the usual babbling over the supposedly good trades in recap hindsight which are those "screwcap" red and blue markers yet never any NT entry markers when the chart can be plainly seen to be an NT chart.

And how can one even gauge meaningful HLC price action from those price bar types. Anyways glad I didn't sign on. The intro videos from the free email list registration are entertaining and showing vacation spots and locales.

Last edited by Cloudy; February 24th, at The following user says Thank You to Cloudy for this post: I raised some of the same issues but frankly this is a problem with the industry not just one company.

I actually decided recently to join them and found it to be quite refreshing in comparison to most companies in this industry. I attended many sessions before I joined and one of the things that I like the most is that they have actual students teaching classes. There must be over 10 students that are trading live and making money most of whom I spoke to before joining the program.

All sales aside I think that the company may be one of the different ones in the industry. I would be happy to talk about my own success with DTA if anyone is interested in discussing it. Every company has its negatives and positives and being someone that has bought quite a few programs I would say that they are one of the best in the industry. The following user says Thank You to MichaelTrading20 for this post: Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

No new indicators, charts, or methods. Be consistent with what is in front of you first. Make them about how you trade, not how much money you make. Stop looking elsewhere to explain away poor performance.

Watch this webinar and read this thread for hundreds of questions and answers. Watch this video to learn general tips on using the site.

If you want to support our community, become an Elite Member. The following 32 users say Thank You to Big Mike for this post: The following 16 users say Thank You to skoosht for this post: CandySnake , cm , Deepak , jdrower , kburks , Kharmaz , kullee , mastadee , petedian , Portland , Sand Surfer , Sonofapip , tbondtrader , TravisD , warsteiner72 , WilleeMac.

Mirus Futures Previous , AMP using their free data for the reviews. Ha, yes what skoosht said. Marcello's "customized" indicators would be very easy for someone to figure out who is decent at that stuff. I am currently a member and here is my review: Marcello uses a tick chart to trade with. The indicators he teaches to use are a "customized" MACD, Bollinger Bands and an EMA or some other MA.

The main trades he teaches is waiting for price to come back to the middle Bollinger Band and then take the trade from there in the direction of the trend.

There are a couple of other things to do with the EMA and MACD but that is the basics of it. The starting profit target is 2 points and the initial stop loss is 1. As you become better using his trading style you can incorporate "advanced" trades where you do not go by the rules from his indicators but more on the feel of the market.

Every week you send in your trading log that he provides for you to fill out for all of your trades and a screen shot of your trading charts for the week. He then looks at them and sends you a review of how you did and where you can improve for the next week in a minute video just for you. He also replies to emails pretty promptly and I've spoken to him many times about trading.

Why Day Trading Forex Is A Scam

From what I've seen he doesn't have a live trading room every day. About times per week either Marcello or one of his successful students teach a live class where they talk about what is going on in the market for that day and they call out potential trades.

At the end of each trading day he does a market recap of all of the trades he would recommend to take. Is Marcello a businessman? He uses the corny lines such as "Only a couple spots left so sign up today" during his presentations where he is looking for new members. I think he definitely makes safe passive income by getting new students every couple of months. Is Marcello a scammer? Based upon my time at DTA and my interactions with Marcello he has been very helpful in helping me try to become successful using his trading style and didn't just take my money and have me watch a bunch of videos and offer no support.

He doesn't provide 1 on 1 coaching for his membership if you are looking for that. They don't tell you it has to be a positive review but I think it's pretty obvious that they wouldn't give a free month's subscription to someone who left them a negative review.

You just have to tell them your name on that site and that you gave them a review and they'll credit your account. But it is something to note that they do provide an incentive for their members to give a positive review for them, they all are not out of the goodness of their hearts. I did about months of daily chart reviews in Sim using NT's market replayer and I came to the conclusion that his trading style is not for me. Of course I wish I had the money back which is why I've signed up here at futures.

I see that someone created an account to act like a member here who probably works for DTA which is discouraging. The following 9 users say Thank You to evanbro for this post: The guy is not a scammer I was able to recreate their charts with some simple trial and error looking at their videos. The Yellow Line is a Moving Linear Regression set at 89ish. The band is a Keltner channel with the middle line set to EMA 55ish. Take trades with momentum off the middle EMA, with a tight stop, that's it!

You of course can learn all of this yourself with the tools and wonderful people right here at futures. Now stare at the price action everyday for a few weeks and you will see how it all works.

Reviews of TheDayTradingAcademy at Investimonials

Take yourself and the family out to a nice dinner with the money you saved. Last edited by Jedi; March 25th, at The following 2 users say Thank You to Jedi for this post: Search this Thread Advanced Search. Become an Elite Member. All times are GMT The time now is There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results. Contact Us - Disclaimer, Terms of Use, and Terms and Conditions - Privacy Policy - Downloads - Top.

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scam stock day trading academy

Search all attachments in forum. Page 1 of 4. February 21st, , Ninja trader Favorite Futures: Quick Summary Post Quick Summary is created and edited by users like you February 22nd, , Lack of proof googletag. So you'd be wise to consider the issues raised by this negative review Reviews of TheDayTradingAcademy at Investimonials I received a lengthy reply, which in essence says "no, we will not provide proof of trading.

However, all vendors make claims that they can't prove. That is, I read through the statements and the trades listed don't corroborate the type of day trading shown on the webinar. I have watched several of Marcello's public videos that show his hand-drawn results on the chart. But never, ever, he showed his real trading screen. For now, I remain skeptical.

See my picture of this questionable trade Free Online Storage - MediaFire. At least where Marcello's arrows point to could not have produced two points. He can either move the arrows around a little bit or show his trading statement.

February 24th, , My own custom solution Favorite Futures: The user MichaelTrading20 posted above has been banned. He pretends to be a user, but in actuality he is the vendor discussed in this thread - "The Day Trading Academy". I have proof of this. This should tell you all you need to know about doing business with this company. I have left the post intact for others to see.

Mirus Futures Previous , AMP using their free data for the reviews Favorite Futures: I am currently a member of DTA Ha, yes what skoosht said. March 24th, , March 25th, , How often does this happen? John No BS Day Trading TBA. An Afternoon with FIO member Softsoap being rescheduled. Online Trading Academy www. June 15th, No BS Day Trading www. May 20th, Oil Trading Academy www.

November 16th, Nasdaq Day Trading Simulator www.

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