I am learning heaps from ytr. happy customer. skype me dougitk if you would like to hear my experience
oh gawd, stop pls stop...
Your Trading Room
- Thread starter nielsend
- Start date
oh gawd, stop pls stop...
Despite all the "boosting" by the shills from ytr, these questions still have not been answered.
Sounds like they are sending signals but not trading those signals themselves. I wonder why not? Perhaps they cant make a profit by trading?
But, I suppose when newbies are paying them $20,000 for their GPT trader program, why would they want to trade?
I found this after doing some Google searching. Definitely worth reading.
http://www.trade2win.com/boards/general-trading-chat/107206-yourtradingroom-com-scam-7.html
http://www.trade2win.com/boards/general-trading-chat/107206-yourtradingroom-com-scam-7.html
- Joined
- 20 November 2010
- Posts
- 544
- Reactions
- 2
What an appropriate handle you have. Plumbing the depths of the blogsphere for any negative statements about YTR, you find a bit of discontent from a supposed former or current member of the GPT program who (if he/she really exists) was obviously hoping YTR mods would just tell him when to push the buy and sell buttons and make him a millionaire in short order. Just a lone malcontent with an axe to grind who provides no useful insight into their experience with YTR and hardly worth a read, pure trash. One valid criticism of YTR may be that they are not screening GPT applicants well enough since the person in the forum link clearly should not have been accepted into the program.
For your information, many experienced traders are part of the GPT program and not just "newbies". But I have come to expect such anti-YTR bias and misinformation in this thread from you and other trash peddlers here intent on trashing the reputation of YTR for mischevious reasons. Never mind that you are desperately seeking to justify your own misgivings and fears about an organization and its programs that, based on your questions, you're totally ignorant about. But you don't really want answers or information now do you, just more fodder for your fear and misinformation campaign here.
When other YTR members like myself come here and tell you about their experiences we are dismissed and derided as naive, gullible fools, shills, boosters etc. who bought into a sales pitch from a scam operation. Such is the moronic drivel of a fear monger intent on promoting themselves as some clever super sleuth who mistakenly thinks they have uncovered a scam and hopes to achieve some star status on a forum as a result - how utterly pathetic.
Instead of wasting time trying to dig up dirt and hearsay on a reputable and trustworthy organization like YTR (from my experience), why not get out there and find an organization you think you can trust (if that's even possible for you) and put an end to your baseless suspicions, fear and muckraking campaign against YTR here. You have uncovered nothing and informed no one here, consider your real motives here exposed.
Oh how funny! I guess they were making so much money they decided they didn't need any more and just closed up shop!
Where are you now, Youandme and FXTrader - retired to a Pacific Island to live in luxury on your profits? or have you done your dough? All those people making thousands of pips a month. Hmmmm!
Where are you now, Youandme and FXTrader - retired to a Pacific Island to live in luxury on your profits? or have you done your dough? All those people making thousands of pips a month. Hmmmm!
A bit more digging, and this leaves a lot of vendors without a licence..
21st Century & Jamie McIntyre
KPI Capital
Your Trading Room
Vertue Trading
ASI Group
Viklex
the list goes on and on. Does anyone have info on what has happened to Romad? Nothing on the ASIC website other than their license is cancelled?
21st Century & Jamie McIntyre
KPI Capital
Your Trading Room
Vertue Trading
ASI Group
Viklex
the list goes on and on. Does anyone have info on what has happened to Romad? Nothing on the ASIC website other than their license is cancelled?
Vertue has gone over to the International Securities and Derivatives Group. He was with Your Trading Room - must have jumped ship a while ago and taken their data base, because I have been getting invitations from him. (I did a free trial on YTR once).
As for the others, I expect they will resurface as Auth Reps of some other licence holder.
As for the others, I expect they will resurface as Auth Reps of some other licence holder.
International Securities derivatives group only have a handful of representatives, couldn't find Vertue on their ASIC register. Vertue are listing Romad on their website so not sure what the lie of the land is here.
Can't imagine too many AFSL's wanting to pick up reps associated with a failed AFSL.
Found this for Romad;
Document Number 027078332
Form Code FS66 Date Received 21/10/2011
Date Processed 21/10/2011 Pages 0
Effective Date 21/10/2011
FS66 Order Revoking Afs Licence
The document isn't imaged so can't get a copy, but looks like their licence was revoked.
Can't imagine too many AFSL's wanting to pick up reps associated with a failed AFSL.
Found this for Romad;
Document Number 027078332
Form Code FS66 Date Received 21/10/2011
Date Processed 21/10/2011 Pages 0
Effective Date 21/10/2011
FS66 Order Revoking Afs Licence
The document isn't imaged so can't get a copy, but looks like their licence was revoked.
- Joined
- 20 November 2010
- Posts
- 544
- Reactions
- 2
Keep doing your research, Romad's FSL has been restored after a brief dispute with ASIC. To bad for irrational mudslingers like Ruby who salivate like one of Pavlov's dogs every time there appears to be the slightest opportunity to bag YTR for any reason whatsoever (fact or fiction matters not). YTR must be a scam or shut because Romad (a financial services company) briefly lost their FSL! LOL Just more pathetic mudslinging from one of the usual suspects. Alan Vertue left YTR to focus on his own competing business.
Telsonic, your time is better spent deciding if YTR's education program is right for you and asking about member experience. Otherwise there are many other options for forex training and coaching.
Don't take any notice of the rants of biased, ignorant and misinformed posters here who simply have little or no idea about the quality of the programs and education provided by YTR. These fearful, neurotic types think just about any service that isn't free or cheap (that's all they can probably afford) is suspect or a scam. Send me a PM and I will be glad to share my experiences (both good and bad) with YTR so far if you're genuinely interested.
As @ 3:15pm today ASIC lists their license as revoked, and Romad's website is still offline. Can you please point me in the direction as to where you found the information regarding the ASIC dispute and the license being restored?
- Joined
- 20 November 2010
- Posts
- 544
- Reactions
- 2
Call Romad and ask for an explanation, how hard is that if you're genuinely interested in what's going on with the FSL. Even if Romad's FSL was revoked and not current, what has that to do with the integrity or offerings of YTR itself, the subject of this thread?
What are you hoping to achieve with this line of enquiry? Are you interested in what YTR offers and just checking the company out or just digging up dirt looking for scam gold in the vain hope of being recognized as a forum hero like some other posters here?
- Joined
- 2 June 2011
- Posts
- 5,341
- Reactions
- 242
It's about time they were closed down.
Bag me all you like, FxTrader - it's not my money being wasted. The fact remains that not one of the people loudly beating a drum for YTR has produced any trading results to back up their claims. I know, you don't have to.......... of course not, but don't expect anyone to believe you if you don't.
Neither will YTR produce any trading results to back up their claims. And yes, I do know what I am talking about - but I don't care whether you believe me or not. The fact is that a lot of people who sit in on trading rooms are just junkies who sit there day after day and NEVER press the button - they sim trade.
I've completed my due diligence on YTR and won't be having any dealings with them, or any other rep of Romad.
- Joined
- 20 November 2010
- Posts
- 544
- Reactions
- 2
Speak for yourself, I don't consider that I've wasted a cent joining YTR. Rather it saved me from being washed out of forex blowing accounts like some 90%+ of others who try and fail at forex trading without proper education and mentoring from professional traders. The big lie is that reading up on babypips.com, buying a few books and ease dropping on some free trading room will see many following this path succeed at forex trading - it's the path of greatest resistence.
You've missed the point yet again, I don't really care if anyone here believes me or not. I am not promoting YTR to anyone, just sharing my experience with them including that they are not running a scam or fleecing people by asking them to pay for what they offer. I judge the mods to be professional, reputable traders and the organization itself as reputable as well. The content of YTR's educational material and their traders are excellent IMO - take it or leave it. Will every member become a successful FX trader, of course not, but the odds of success will be improved dramatically.
I am speaking from my experience of being a member for a year now and you speak from your experience of being a guest (limited access) for two weeks. I will let others decide whose statements are more credible.
Spoken from a position of pure ignorance and untrue. For your information, each mod has a shadow trader that records every trade call as an audit. Stats are available each month on mod trade calls. Clearly you know nothing of this nor would you as a non-member.
What you think you know is of no interest to me since I know you are misinformed based on what you say and don't say. How many traders are trading sim is not the issue, all traders should stay in sim until they have achieved consistent profitability. You can't possibly know what proportion of traders in a room are live unless you poll them and many of the traders in the rooms are live traders, all paying for the privilege. You're just a rabid YTR hater for reasons only you can fathom and I will not waste any more time trying to change your misconceptions.
- Joined
- 20 November 2010
- Posts
- 544
- Reactions
- 2
Your choice, and frankly I could care less. Find your own way in the wilderness of forex training and coaching and just maybe, if you're lucky, your so called due diligence will pay off. It certainly failed you on this occasion with your blinkered focus on Romad and its FSL instead of what YTR has on offer. Somehow I doubt you will ever sign on with anyone. Good luck with your hunt, you will need it.
Why the angst?? I simply pointed out that they are unlicensed, which I confirmed with a phone call to ASIC. You're pushing a dangerous barrow here, promoting and or providing an unlicensed financial service is illegal.
- Joined
- 20 November 2010
- Posts
- 544
- Reactions
- 2
Yes, you pointed out that Romad had their license temporarily revoked, Romad claims its been restored. Once again I am not promoting anything here just sharing my opinion and personal experience, you need to learn the difference and stop making silly claims about legality.
Why the angst? Because you appear to be just another mudslinger hoping to grap some attention on this forum. This thread is about YTR not about Romad and your entire focus here has been on Romad's FSL as if this has anything at all to do with YTR's product and service offerings as a company. You have asked NOTHING about YTR itself, the topic of this thread. No surprise considering you're agenda appears to be the same as some others here, to smear reputation by innuendo, rumor and misinformation. Welcome to the bandwagon.
I seriously doubt you ever had any intention other than to dig up some muck and serve it up here as sensational information. Like others before you crying out for attention by digging for dirt, you informed no one about YTR itself and contributed nothing useful with regard to the topic of this thread.
Similar threads
