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.
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.
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.
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.
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.
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.
quote:
Originally posted by myptofvu
BTW you berate one program then endorse another that could seem a little fishy.
Amen myptofvu. Nothing could be more obvious. If you have the time read my posts. I felt it important to call 'screwed royally' on what he is so obviously trying to do.
Constructive criticism I will abide with regard to anything. But when a person like 'sr' lies over and over in an attempt to destroy, they need to be exposed.
Hey livingwell, did you miss my question to you? Can you answer that for me? Thanks.
livingwell: I think a better nick for you is imashill.
You are correct JimKane. I was referring to Emini trading and not stocks.
It remains clear that 'sr' is attempting to self-promote himself to get his own business going.
Nothing more needs to be said than to expose his motive for his crude post that indicates his enormous instability and the fact that with his mentality he is not fit to trade anywhere in any market.
I do not suggest Traders is the only good system or program. That is not my point for posting.
It is an exceptional company and program and has been for 11 years to thousands and thousands of people around the world.
There will always be people like 'sr' on the internet with self-serving agendas or just plain spewing misery because they love to do it. And many do it all day long (and night).
As I said in my earlier post, you only need to visit half a dozen chat rooms of the many thousands on the internet to get an idea of the disordered people out there - quite honestly people who could rightly be described as extremely mentally unstable.
Traders International is one of the outstanding companies in the world - in 4 countries - as evidenced by it's long 11-year history and the positive recognition it has received by top publications.
A few negative posts compared to the thousands and thousands of completely happy satisfied members is to be expected quite obviously.
It remains clear that 'sr' is attempting to self-promote himself to get his own business going.
Nothing more needs to be said than to expose his motive for his crude post that indicates his enormous instability and the fact that with his mentality he is not fit to trade anywhere in any market.
I do not suggest Traders is the only good system or program. That is not my point for posting.
It is an exceptional company and program and has been for 11 years to thousands and thousands of people around the world.
There will always be people like 'sr' on the internet with self-serving agendas or just plain spewing misery because they love to do it. And many do it all day long (and night).
As I said in my earlier post, you only need to visit half a dozen chat rooms of the many thousands on the internet to get an idea of the disordered people out there - quite honestly people who could rightly be described as extremely mentally unstable.
Traders International is one of the outstanding companies in the world - in 4 countries - as evidenced by it's long 11-year history and the positive recognition it has received by top publications.
A few negative posts compared to the thousands and thousands of completely happy satisfied members is to be expected quite obviously.
Thanks for the answer, livingwell.
I want to make one quick comment here. Please understand, everyone, if you follow my posts, I am not in this section, the one for evaluating and discussing various systmes and companies, blasting any one them, or even making comments about them, pro or con. I just try to facilitate good discussion everywhere in the forum so new people can develop critical thinking skills in regard to trading, and trying to make sure that obviously inaccurate information is challenged. My goal is and always has been to try to create a forum that is useful and informative to those seeking information about trading.
With that said, I want to comment on the very prolific posts made in here recently. After reading them, heck, I was ready to sign right up. The case is made there is one unstable guy posting some sour grapes in here, and a company can't be judged by one person who may have some ax to grind for some reason. I have to admit, the case was made so persuasively I was ready to sign up. The multiple repeats of how many countries the company was in, the long track record, the thousands and thousands of satisfied customers, and one lone person dissenting, well, it's clear the side to be on here.
But, after getting ready to make the plunge, I decided to just do a search to see if there were any other people who were dissatisfied. I expected to find none. What I found were more posts on more sites that I ever imagined I'd see, all sounding pretty much like 'sr'. Now, I am not in any way saying this isn't a 5-star company, top of the line. But what I am saying is that this thread had a few comments about the company, one very negative, and then it got way more than balanced out by a string of posts by one person. I'm pretty cautious, but by the time he was done, I was ready to sign up, it sounded so good. The thread became overweighted to the positive. I left the thread thinking there was only one side to this case, the positive side.
Understand, the point I am trying to make here has nothing to do with this company. It only has to do with this forum, and how information is presented in any given thread. After doing my own search outside this forum I realized that the general consensus opinion out there is far from one-sided. After doing my due diligence, I came to realize that this thread is not balanced any longer. And from that I take that we need to do more work in our forum (not specifically in this thread) to balance out what we are presenting. Post links to other places with things we find, show both sides, so readers can make informed decisions. That way, the forum will be much more useful for making informed decisions.
With that said, I want to comment on the very prolific posts made in here recently. After reading them, heck, I was ready to sign right up. The case is made there is one unstable guy posting some sour grapes in here, and a company can't be judged by one person who may have some ax to grind for some reason. I have to admit, the case was made so persuasively I was ready to sign up. The multiple repeats of how many countries the company was in, the long track record, the thousands and thousands of satisfied customers, and one lone person dissenting, well, it's clear the side to be on here.
But, after getting ready to make the plunge, I decided to just do a search to see if there were any other people who were dissatisfied. I expected to find none. What I found were more posts on more sites that I ever imagined I'd see, all sounding pretty much like 'sr'. Now, I am not in any way saying this isn't a 5-star company, top of the line. But what I am saying is that this thread had a few comments about the company, one very negative, and then it got way more than balanced out by a string of posts by one person. I'm pretty cautious, but by the time he was done, I was ready to sign up, it sounded so good. The thread became overweighted to the positive. I left the thread thinking there was only one side to this case, the positive side.
Understand, the point I am trying to make here has nothing to do with this company. It only has to do with this forum, and how information is presented in any given thread. After doing my own search outside this forum I realized that the general consensus opinion out there is far from one-sided. After doing my due diligence, I came to realize that this thread is not balanced any longer. And from that I take that we need to do more work in our forum (not specifically in this thread) to balance out what we are presenting. Post links to other places with things we find, show both sides, so readers can make informed decisions. That way, the forum will be much more useful for making informed decisions.
quote:
Originally posted by livingwell
Traders International is a world-renowned 11 year old company with headquarters in four countries.
You can only have 1 headquarter (aka HQ) just like you can only have one head on a body. Because part of the word is "quarter" it doesn't mean that you can divide it into 4 and have each quarter in a different country.
The guys on this forum do not seem to agree with livingwell.
http://forum.bigmiketrading.com/general-discussion/506-traders-international.html
http://forum.bigmiketrading.com/general-discussion/506-traders-international.html
Hello to All of you posting on this string.
I am Dale Kazdan. I am a Moderator with Traders International. Usually I leave these posts and discussions alone, and not offer my "2 cents" worth. Given the initial posting that started this thread, I thought it would be helpful if I finally chimed in.
Traders International is a company that offers Day Trading education to the next interested party. Please remember, business. Now, you have hundreds of people coming to you, with unhealthy and unrealistic expectations. They seem to equate trading like any other "get rich quick scheme they may have seen in the past. The main reason why so many fail at this job, is that they dont realize that it takes a great deal of work. Focus, determination, patience and capital reserves. Without an equal portion of these things, most new traders will fail.
Moderators out there all try their best, but unfortunately, many will still not find the endzone with their trading career.
Now as to what had been posted by others and mentioning my name as the party responsible. My job is simple. I show my charts, evaluate the trade set up, as predescribed by the software, and then make a recommendation as to what price to enter the market. If a trader has no trading plan, overtrades their account limits, or doent even listen to what I recommend...(which happens more than you think), how can one help someone who is not available?
I have been a trader on the e-mini for 10 years. I have offered my trading accumen and guidance for the past 2. The most effective assistance I have offered during this time, has actally been in regard to trading psychology. And the personal changes everyone must go through to become a consistently successful trader.
I only wish and hope for the best, for all who spend time trading with me. I am genuinely aware of how much this really means to folks.
As with any big decision in your life, you must make sure that it will be right for you. Do yourself the favor of good due diligence before making a commitment of this magnitude. If you prepare, and are patient, I am confident you can get to the trading "promised land" much smoother than if you have many unhealthy expectations before you begin.
My Best Regards to you All,
Dale
I am Dale Kazdan. I am a Moderator with Traders International. Usually I leave these posts and discussions alone, and not offer my "2 cents" worth. Given the initial posting that started this thread, I thought it would be helpful if I finally chimed in.
Traders International is a company that offers Day Trading education to the next interested party. Please remember, business. Now, you have hundreds of people coming to you, with unhealthy and unrealistic expectations. They seem to equate trading like any other "get rich quick scheme they may have seen in the past. The main reason why so many fail at this job, is that they dont realize that it takes a great deal of work. Focus, determination, patience and capital reserves. Without an equal portion of these things, most new traders will fail.
Moderators out there all try their best, but unfortunately, many will still not find the endzone with their trading career.
Now as to what had been posted by others and mentioning my name as the party responsible. My job is simple. I show my charts, evaluate the trade set up, as predescribed by the software, and then make a recommendation as to what price to enter the market. If a trader has no trading plan, overtrades their account limits, or doent even listen to what I recommend...(which happens more than you think), how can one help someone who is not available?
I have been a trader on the e-mini for 10 years. I have offered my trading accumen and guidance for the past 2. The most effective assistance I have offered during this time, has actally been in regard to trading psychology. And the personal changes everyone must go through to become a consistently successful trader.
I only wish and hope for the best, for all who spend time trading with me. I am genuinely aware of how much this really means to folks.
As with any big decision in your life, you must make sure that it will be right for you. Do yourself the favor of good due diligence before making a commitment of this magnitude. If you prepare, and are patient, I am confident you can get to the trading "promised land" much smoother than if you have many unhealthy expectations before you begin.
My Best Regards to you All,
Dale
Hey living well. I have a very serious question for you. I have just purchased TI this weekend and am trying to soke up as much information as possible before I do the simulator. I like u am trying to get out of a very deep finacial hole and would love to do it by day trading.. I must say I have spent nearly all I have to be able to do this and probably wont have but a couple thousand to trade starting out. I will admit i dont know the first thing about trading and have never even been in a live trading room before. My question to u is, if i do what the instructors tell me and know the signals will I make enough money to live on, even if I have to pay the $300.00 a month continuation fee plus my broker? How garanteed and comfortable should I be doing this with TI, or anyone for that matter? I have to do something so this is where my decisions have taken me.. Please answer me in the most Excruciatingly honest way possible.. And are u making good money with TI? I would appreciate your advise and Dale K. if he would like to reply.. I will be doing sim probably monday or tuesday and gotta tell ya kinda scared.
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.
Click link to access uploaded file:
Statement on 01252012.pdf
Statement on 01252012.pdf
Click link to access uploaded file:
Statementon 01312012.pdf
Statementon 01312012.pdf
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