Traders International = SCAM ARTISTS

Traders International (TI) is a SCAM and RIP OFF!!!!!!

Yes, I might as well where a dunce hat and sit on a donkey. These guys are the biggest scam artists on earth. I have been trading with them since April 09 and have yet to make any damn money from their bullsh*t indicators. I have done nothing but lose money with these idiots since i started. It's a f*cking crab shoot. Lets just say that I can flip a coin and make better guesses.

Here is how they count their points gained:
1. When I started, they used to show the ninja trader dom while the moderator trader and made calls. We could see the entry and exits. Now they have taken the dom off the screen completely. Their excuse at first was that it kept crashing, but now it's because they don't want to show it. Instead they just want to show us their sh*tty charts.

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2. They use the ninja trader dome (which I really like by the way) and the damn thing is in sim and the jerk offs try to convince you that its live. If it were live the account number would be showing. How stupid do you think we are? Well, I guess pretty stupid for signing up with them.

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3. When they showed the dome while we were trading, the moderator would always try and get away with a losing trade by saying that you should have taken your profits when I told you at 1-4 ticks, which is horse sh*t since he said to go for 2 points profit and loss. Let me give an example of how they trade:
1. You have to remember that they are supposed to give you clear
entry and exit points (which they don't) and lately the
moderator supposedly makes a call and oh guess what,
"the mic was off again, you guys didn't hear me make that 3
point trade?" This has happened 4 times in the last month
since they took the trading dome off the screen. Also, the
rooms are in privatized mode so that you can't see what other
people are saying or complaining about. Only the Signal
room, previously called the Pro room, allows you to see what
others are saying; and it's funny that the same people
(about 10) consistently post profits. The rest of the time the
moderator is yelling at people and telling them that it's
their fault that they got out too early or too late. - It goes
something like this: "We are only going for nibbles here
traders (1-2 points)." And when you are in the trade: "I
suggest you take profits here at 1-2 ticks because this is not
going anywhere" or "you should get out now at about 1 point
loss, oh wait, hang on let me look at the price action
again." some people end up getting out at 1 point loss (only
to have the market turn around and actually go in their favor)
and the others get out at 2 point loss. God forbid if it goes
in his favor and you say something, because he will rip you a
new hole. He basically says "It's your fault, you should have
stayed in the trade longer" EVEN AFTER HE SAID TO GET OUT.
2. he starts with 2-3 contracts.
3. he takes 1 out at 1 point and usually the other 2 at
2 points, but sometimes he uses the 3rd contract to ride the
wave just in case it keeps going (90% of the time it
doesn't).
4. Now that the trading dome is gone, we can't even see when he
is getting in and out. He makes a call and everyone gets in
at that price and he will tell you, oh I got in at a tick
or two better for some reasons. You know what I get it,
slippage happens, but who the hell are you kidding. This crap
is happening more and more now that the trading dome is not
visible.
5. Here is the real kicker in the butt. After telling people to
get out at 2 points, he leaves the remaining contract on the
table just in case it does go up, and guess what they post on
the site for the world to see? A 2.5 POINT PROFIT. Lets break
it down here: One 1 point profit + One 2 point profit + One 2
point loss = 1 point profit (you still have to take out $4.8
per contract for broker fees). Where the hell did they get 2.5
points from. I'll tell you, its from him letting that last
contract run longer, but what the hell? Didn't he just tell us
to get out? A lot of times the numbers on their site don't
even add up to what the actual profits where. They are wrong
%65 of the time on the calls. Thats worse than me flipping a
coin and making a call.
6. Don't even bother trading with them when it gets close to
options expiration. Good lord - ALL the calls are wrong. It
turns into a BUY HIGH and SELL LOW type of trading.

I'm going to start recording them on my computer (I wish I had done this sooner, before they took the trading dome off) so that I can hopefully get my credit card company to reverse the charges. As of yet, my credit card company will not refund me and they will not stop further charges.

Take my word on this, DO NOT SIGN UP WITH THIS COMPANY. TRADERS INTERNATIONAL IS A SCAM AND RIP OFF. Oh, I forgot to mention this, their "PROPRIETARY TRAINING" or what ever the hell they called it is crap. There is a lot more and better free info on youtube.com than these idiots provide. What they provide is not even training. A kid can put better information together.

And by the way, don't bother questioning them on why they made a call. Whether it was a good call or a bad call, it doesn't matter, the moderator will only yell at you and tell you he will not explain it to you. WTF?

I'm leaving out a lot, but I'm tired of typing all the crap that is wrong with TI.

DON'T GET SUCKERED LIKE I DID - RUN FOR THE HILLS.......NO REFUNDS....
JUST A BIG MIDDLE FINGER IN YOUR FACE.

SCAM, SCAM, SCAM, SCAM, SCAM - YOU ARE BETTER OFF O/N YOUR OWN.

I stopped trading with them in May of 2009 and have made my own trading signals that work 75% of the time. If you want to learn about trading, go to www.daytradingradio.com. the video feed is free, but if you want to see them daytrading, just sign up for the 2 week free trial. I have been with them a month before I started with TI and made lots of money. Then came TI and I have now blown my account way under the $25k daytrading limit. Thats why I made my own signals so I can work my way back up so I can start trading stocks again.

Screw playing with the FUTURES as an only source of income. It is harder and more dangerous to play than stocks.

I have warned you....please don't make my mistake. I don't know where else to post this thing to get the word out, but I will be posting it to as many places as I can.

TRADERS INTERNATIONAL IS A SCAM.

Can anyone recommend a good online company where you can learn about forex trading? I listened to TI webinar, can't say I trust them all that much, would prefer to do my own learning and then make a start. I would also prefer to do my own trades in future, does anyone know of a good platform? Thanks

I also am very disappointed with Traders international. I went to their preview session in Melbourne twice before handing over $7,000. They promised that anyone could trade eminis even if they had no experience. They also promised that they would hand us a trading plan and all we had to do was follow the moderator in the trading room and we couldn’t go wrong because they make money and we just had to follow them. I think the statistic used was they were right 80% of the time. As it turned out they didn’t have a trading plan and we (with no experience) had to come up with one! What a joke! Even more disappointing was that they didn’t get the results that they claimed and were fudging the figures. I had two friends sign up with me and they also lost their trading account and we all wasted our money signing up with Traders international. I should have clued on at the time that all the video testimonies on Traders internationals website of people saying how great emimis and Ti are were in Simulation or just getting out of sim. (THEY HAD NOT EVEN TRADED WITH REAL $$$ YET!) There was a lot of dodgey stuff that went on that I don’t have time to go into but long story short if I had my time (and Money) again I would not be handing it over to Andrew Barnett. I do not have any vested interest in making these true statements other than I would like to save some other people making the same mistake and I wish I had read something like this before I signed up.

Jack, How long ago did you join as the price is more than $7k and Andrew no longer works at TI?

I have read quite a few negative posts here about TI so I thought i should post my views since i had quite a different experience. I took the course about a year ago and I feel, and many others in the rooms feel, this was a great investment. I guess folks who are having success don't post on chat boards. I know a lot of people in the TI rooms, personally, who are making very good money.

BB

Peetie, please don't take this as a personal attack, as absolutely none is intended. This also isn't in any way offering a comment on TI. This is just a question I have in any thread to any poster. Are you willing to post some statements showing the results you are speaking of? Do you know of any other traders, the ones you spoke of, who would be willing to come here and post their statements? This would go a long, long ways to adding useful information to this topic. Again, I am not attacking you or TI (in fact, I know nothing about TI, and have no opinion one way or the other), I'm just asking if you are willing to show us what you are talking about, for informational purposes.

I agree with Jim. This is a repeating theme on the forum. Traders turn up claiming that they are making money with System X. Like Jim I'm not singling out TI here. This applies to all systems that we hear about here.

Let's call it the Unicorn Effect. We hear that they exist and they've been drawn in great detail and we've been shown what they would look like by putting a horn on a horse but nobody has ever brought one to show and tell.

Hey everyone, I'm finally uploading the video that I took of TI back in March 12th, 2010, unfortunately something is wrong with my computer and wouldn't record the sound, but I remember their excuse being "Oh we got hit with good news from China," it was classic TI B.S. for "I F*cked up and your going to pay for it". By the way, they trade more than just the eur.usd. I just put my charts there to show you where we were headed. These guys have no concept of trendlines, stochastics, or divergence.

http://www.mediafire.com/file/t2qmm1duzio/TI1.avi

At the time, the eur.usd was in a upward channel within a bigger downward channel. It didnt break up and out of the bigger downward channel, but we did move to the top of the upward channel within that downward channel (read it again if it confused you). TI however kept shorting the forex and kept getting stopped out. 9 stop outs and 3 profits in 2 days(scroll to 1:24:30 in the video to see it.

Where they should have started shorting was at the top of that upward channel (1 hour and 21 minutes in the video to see the big picture). The probability of all of their shorts working would have increased dramatically if they had shorted at the top of that channel, because the daily stochastics where overbought and there was the 20 period moving average coupled with the upward channel making for resistance. In other words, they should have been going long up to that point on the daily chart. Also, they should have recognized how strong the upward movement was and taken long trades rather than short trades. Then again, if they knew how to trade, they wouldn't be working for Traders International in SIM.

I have completely pulled out of my long positions and stopped trading the ES and forex since then and am purely day trading. I make at least 1% profit on my cash every day on average. A lot better than holding and hoping in this crazy market. I've been killing LVS this past week with shorts and I have not lost money on it yet. There have been days that I got out flat, but I never lost money for the day. You want to know the secret? I have developed patience to wait for the right setup. I'm not trying to brag (this is chump change compared to what some people make), I'm just stating this to tell you that if you have patience and wait for the right setup, you can make money too....and you won't get scammed by companies like Traders International.
Here are my 4 basic rules: (I use the 1 and 5 minute charts for my trades with more emphasis on the 1 minute chart)

1. I will never sell unless the stochastics are at or above 80 for overbought and I will never buy unless the stochastics are at or below 20 for oversold. I don't care if the stochastics are at 21, I wont take the trade long until the stochastics come down to at least 20 for oversold conditions.
2. The MACD has to look oversold or overbought.
3. I look for trend lines and support/resistance from previous days
4. The S&P500 chart has to be showing me a possible movement setting up in the direction I want to take my trade or else I just wont trade.

I don't have money to waste and I don't have a huge account like other people so that I can take every trade I see (stinking bills are eating up all my profits right now). I can only take the trades that show me the highest probability of making profits. By the way, I usually look for 10-30 cent moves.

For the person asking for help on Forex (I don't know your level of experience so don't bust my balls): The best way to learn is to trade. If you have a trading account already, put it in SIM and just take the trades you see. If you don't have an account, then go and search for "sim forex". Stop looking for someone to teach you how to trade (or you will get another TI); you need to instead be searching for how to read the basic chart setups like the ones I have mentioned above. You need to keep it simple, because trading the forex is like trading stocks. The setups are the same and the patterns are the same. Now if you dont know how to trade at all, then go to youtube and type "daytraderrockstar". You will learn the basics when you watch his videos. They pertain to stocks, but the concept is the exact same thing.

Good Luck everyone

My experience with Traders International is a little different than what I have read of a few posts here. I took this course 9yrs ago. I was one of the first students of Afshins'. This is when the home office was in Austin not Houston. Long time ago. I have been trading full time professionally ever since. I have not been back to the rooms in many years so after reading a few posts i called TI office and asked for a free day. They gave me a free week which was nice of them. I spent about an hour each morning with them before I continued with my own trading. They seemed to be doing very well. Just wanted to post a different perspective. It seems many of these posts say negative things about TI them pump their own company. Mmmmmm.

Hi SanSingh, welcome to the forum and thanks for your comments.

Have you been trading profitably for the last 9 years?

Are the strategies and techniques that you use today in your day-to-day trading the same strategies and techniques that you were taught by TI 9-years-ago or that you saw in the recent free trial?

A friend of mine is a TI student. He got me a free three days in the room. I was impressed with the accuracy of calls, at least for the time I was in there. From what I witnessed I don't think they are a "Scam" at all. And from what my partner told me who has been with them for 8 months now. He's making money. I will most likely sign up once I have the money. Things a little tight right now.

I hope everyone is doing good and staying away from companies like Traders International. I have not traded for over 2 years now because a few weeks after I posted that comment in 2012, my dad was diagnosed with brain cancer and after a long struggle, he ended up passing away. Just wanted to update this post and show that what I posted was not fake. I have attached a pdf of my month end statement in Jan. 2012 to show anyone who doesn't understand what a real trade statement looks like or for any of you who didn't believe me when I said I was making way over 20k per month without the help of crooks like Traders International! I have also included a daily statement in pdf format as well and NO I'm not going to leave my name or account number on there. I always take out anything above $110k-$120k from my account. Taking money out above a certain limit you set for yourself is a must; hard to explain why, but it helps psychologically. Go and compare the statements that Traders International(TI) shows to fool people who are newbies into believing their lies. I wouldn't be surprised if they tried copying this or something similar to make their simulation trades look like real trades. This will be my last post here. Good luck, stop being sheep, and stop being lazy. Do the leg work required to teach yourself because the information is on the internet for free. You just have to find it and stop relying on other people to do the hard work for you.