Monday 22 November 2010

Why SOT publicise Fake Trading Results

Live audio footage of the schooloftrade.com Live trade room with Joseph James attempting to hide a 2nd losing gold trade, guess 2 loser's in a row does not look good on his spreadsheet ! LOL

1 comment:

  1. This is a classic example of what you will notice constantly in the SOT trade room. Like the gentleman who put up this blog I lost several thousand dollars trying to make the SOT methods work. That of course was after I spent over $3500 on the SOT membership.

    For anyone who is thinking of joining SOT let me give you my experience because I hope it will help you avoid the mistake of joining and worst of all believing that an SOT membership will help you be successful.

    I was a struggling trader trying to figure out a way to make a living. I stumbled onto the SOT youtube page and was amazed by the results he was claiming. I looked back over the many videos he has and thought it was worth a try to test the 2 week trial. I tried to follow along with what he was doing each day but everything happened fast and I could never truly tell when he was actually taking a trade. I thought to myself...if only I was a member I would have all of the charts and indicators he has and he would be able to educate me on how to be successful so I joined.

    Here is what I quickly learned....he lies about his results. If you randomly enter trades on your own and only count the winners anyone can show big profits on a bogus spreadsheet. For those that have used NT which is what JJ uses to enter his trades you know how simple it is to generate a very detailed report of all trades and profitability. THE SPREADSHEET ONLY HAS THE WINNERS WITH A FEW SMALL LOSERS SPREAD THROUGHOUT TO MAKE IT LOOK MORE LEGITIMATE.

    When you take a free trial you will be overwhelmed with all of the charts and random hot air that JJ will talk about. He is great at SOUNDING LIKE HE KNOWS WHAT HE IS TALKING ABOUT!!! By the time you figure out that is nothing more than a bloated fancy show you are already out your $3500+ and your pride will force you to keep "trying to make it work" After several months of losing money you will eventually have to admit you were duped by a very clever scam artist.

    I have completely given up on getting my money back but I do want JJ stopped because he will continue to fill people with false hope with his bogus youtube videos. I only want him stopped so he can't hurt any more people.

    I am thankful this gentleman put up this site to reveal SOT as bogus and I hope that will help others avoid the financial and emotional pain that will surely follow if they become SOT members. PLEASE DON'T MAKE THE SAME MISTAKE I DID!!!!

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