Your Trading Room

[Joe Blow]

I have had enough of the personal attacks and insults in this thread. They stop here and now.

People are entitled to offer their opinion about this service without being attacked by those unable to control their anger.

 

[aarbee]

Team work is essential in getting the message across. Keep up the good work.

It really is easy to be cynical about anyone purporting to be teaching anything connected with trading (and god forbid, charging for it). So your cynicism is perhaps justified. It is also in the nature of this beast called internet for negative voices to be louder and shriller than the positive ones. Online forums are littered with armchair critics spouting opinions on matters they have no personal experience of.
My post was written in the spirit of putting forth a personal (subjective) opinion based on an actual experience (albeit a limited one) with YTR. However, everyone will see it through the prism that they see everything else with.

I completely subscribe to the idea -

"You experience what you believe, unless you believe you won't, in which case you don't, which means you did." Harry Palmer, founder of Avatar

Cheers

 

[wayne879]

Who appears to be correct now FXTrader? YTR has 'temporarily' suspended all operations subject to Mr Ray Freeman securing funding. I think that speaks for itself

The proper focus of any forex education program is to assist one to become a profitable, independent forex trader, not a dependent trading room addict who can only take trades placed by others. With YTR you can trade profitably from the room calls but the best approach is to use the trading room as a coaching experience while you can do so free of charge. Otherwise you will pay for the ongoing room access which some do.

YTR's trading rooms (just one part of what's on offer at YTR) should not be thought of as pip generating machines for robotic traders and evaluated as such, as you and plumber would like to do here, that's not their primary focus. Hence yours and plumber's myopic, inappropriate and obsessive focus on pip gains and if the mods are trading their own accounts in the rooms as the only litmus test for joining YTR. Nevertheless, the room results are impressive.

The YTR programs are educational and tutorial in nature with well-defined strategies and a large library of topical training sessions on forex trading concepts and techniques used by professional traders. I have posted room results before and am happy to share them with anyone here other than those whose primary agenda is to trash YTR with innuendo, false claims and other attempts at smearing their reputation with tactics such as the useless guilt by association play with Romad here.



You keep repeating this claim as fact, instead it's misinformed fiction. How many times must I explain to you that trading room performance is audited. Stats are available, but you won't accept them as accurate so why should I bother to post them? Your irrational anti-YTR bias is so strong that it dominates your every utterance here. You have made up your mind and that's it, just a brick wall mentality.



Not so much angry as frustrated by the B.S. you and plumber are posting here. I can easily answer any of the weak and off the mark questions put to me here thus far but I just can't be bothered with posting more fodder for you anti-YTR types to just mindlessly attack with any spurious counter claim. If I deemed the questions put to me as genuine enquiry I would be happy to answer them, however your agenda is just to smear YTR and I will not indulge that agenda.

 

[TeleSonic]

Wayne879 - Where can I read about this?

 

[TeleSonic]

It would appear that Vertue Trading benefited substantially from YTR closing their doors. Same people, same emails, same marketing, just different branding. Axicorp is the licensee. Product looks to be structured differently but still FX. The marketing is all so similar for these outfits I wouldn't know how a punter could choose one over another. Did YTR clients get ported to Vertue? Any clients care to explain how they are being looked after now?

 

[Smithy10]

So Your Trading Room is no longer operating and it is the fault of the COO Joseph Nikolson and CEO Richard Waryn. Both the scam artists sought to move the shares in this company to a new company in order to take ownership and remove liability to investors and to line their own pockets with the profits and make the company more attractive to new investors that they intended to screw over.

What bought the company undone was that the owner and major shareholder found out their plan and tried to stop it resulting in the company accounts being frozen. This means no operating capital to continue business.

The underhanded tactics of Richard Waryn and Joseph (joe) Nikolson has resulted in thousands of members missing out on what they paid for.

A big warning goes out to other companies considering hiring Richard Waryn or Joseph Nikolson, they are working to their own hidden agenda. I am sure there are other stories that relate to these con men, especially Joseph Nikolson who clearly lacks any capability, well considering he was also axed from the Bonds group!!

Beware people, there is way more going on than just a company that has ceased to operate.

 

[Garpal Gumnut]

It would appear this company is a dead parrot.

http://www.smartcompany.com.au/fina...iday_13_April_201213_04_2012&utm_medium=email

gg

 

[Plumber1]

Since yours are not genuine questions (and generally poor ones I might add) but a fishing expedition in hope of confirming your own preconceived suspicions and biased conclusions about YTR, I will not waste time answering them since it's not a genuine enquiry on your part.

I guess my questions were answered.

YourTradingRoom was a giant scam. The scam was run by Les Freeman (maybe FxTrader ??)

It ripped off millions. And it has now closed and slithered into the darkness.

http://www.theaustralian.com.au/bus...our-trading-room/story-e6frg906-1226325292597

For a deeper review and analysis, see this Forex Peace Army review
http://www.forexpeacearmy.com/forex...rading-room-ytr-gpt-program-ponzi-scheme.html

Members of the infamous GPT program (who paid $20,000 each) have lost it all.

FxTrader must be very proud.

 

[markforex]

I guess my questions were answered.

YourTradingRoom was a giant scam. The scam was run by Les Freeman (maybe FxTrader ??)

It ripped off millions. And it has now closed and slithered into the darkness.

http://www.theaustralian.com.au/bus...our-trading-room/story-e6frg906-1226325292597

For a deeper review and analysis, see this Forex Peace Army review
http://www.forexpeacearmy.com/forex...rading-room-ytr-gpt-program-ponzi-scheme.html

Members of the infamous GPT program (who paid $20,000 each) have lost it all.

FxTrader must be very proud.

Does anyone know if the members will get their money back, I am a member and I have not heard anything from anyone. I dont know whats going on - I have been left in the dark again.

 

[Jeremy]

Good on you both, Plumber1 and Ruby for perservering in your questioning of YTR and it's supporters.
I learn't a lot from reading the whole thread.

 

[AverageJoe]

So true Broadway. Wished I understood this profound sentence all those years ago! Funny how as human beings we always seem to think that we can discover the holy grail and we are smarter than those before us who have tried!

This was heavily pushed by Hometrader when it was an educator. Fortunately I didn't join the discounted package being a member of HT. Results are driven by effort and a genuine interest not by fancy mechanical systems or magic indicators.

 

[SevenFX]

I have had enough of the personal attacks and insults in this thread. They stop here and now.

People are entitled to offer their opinion about this service without being attacked by those unable to control their anger.

Know this post is older but...

I've been a member of this site for while now and never had any problems with
Joe, as he seem so cruisee and relaxed with moderating this site.

I say this now only by joining up with another site but the owner is a massive massive
control freak, and cracks it when people question him.

We have got it so good with Joe here as many members struggle and left their site as very ego driven
owner restricts everything.!!!

Simple things that most forum take for granted, is restricted like PM's to each other, no memtion of product any names, no mention of any brokers, no sending email addresses with each other, no starrting new threads and the list goes on and on.

SevenFX