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Tim, when do you plan on covering your 900 shares of USCN?

B.G, Gary and Jay; How much in your accounts before these gains?

Tim,

You always deride people for a “lack of research” but if you did some you would realize that some of the people you endorse are scams. You let Fausto Pugliese come on Livestock. Did you do your research? Pugliese, who surprise surprise is not signed up to Covestor, runs Cyber Trading University, an educational programme that teaches traders to “Shadow the Dominant Market Maker”. This trading strategy has been completely useless since decimalization and revisions to SOES, as discussed in the books “NASDAQ Trader’s Toolkit” and “The Market is Always Right”. My guess is that he started this “school” because his trading was no longer profitable. He is also involved in typically scamish prop firm which I won’t name. He tried to sell me this firm and his training products in a classic boiler room sales pitch.

Brian Shannon, who also is not signed up to Covestor, is also involved in another scam operation. I don’t care how great his book is. He is signed up to World Cup Advisor, a subsidiary of Robbins trading. Not only does he not show his results under the performance section (where many other traders involved do) but the website is also home to Chuck Hughes, who has taken scam to all new level with his website. Not only that, but listen to the operation that Shannon is involved in:

WorldCupAdvisor.com Terms and Conditions of Use

…Trades discussed, recommended, displayed, or executed by an advisor participating on the WCA site may not be representative of all the trades entered by or on behalf of the advisor in all the accounts of the advisor. The trading strategies employed by traders in the World Cup Trading Championships® (WCTC) may be different from those used by the traders in giving trading advice or managing accounts for others. Accounts trading in the WCTC may be subject to margins and commission rates different from those charged accounts they advise or manage, or from accounts traded by those relying on their advice. WCTC accounts do not necessarily represent all the trading accounts controlled by a given competitor. WCTC competitors may control accounts that produce results substantially different than the results achieved in their WCTC accounts.

Prior to this paragraph, it states a quite astonishing sentence:

“Hypothetical performance results, while clearly labeled when used, do not represent actual trading results”

Do I need to say anymore?

Before you call me a hater (which I am completely not as I am an alert subscriber and DVD/book owner), maybe you should refer to the posts Transparent Investment Management and Freedom of Finance. Unlike you, I don’t have an issue with traders not sharing their results. I DO have a problem with educators not showing their results, which is something that Pugliese and Shannon don’t do whilst being involved in pure scam operations. Is the future of your website now just in shady operations/affiliates and promotion? Or solid trading, no BullShip and real help for the little guy?

I get a lot of google searches for "chuck hughes scam"...anybody confirm that?

Jmal, I dont endorse ANYONE else because I cant trust ANYONE else, u see how much i rip on EVERYONE whats your deal...i like shannons book and fausto has great testimonials, do i know everything about their business, no of course not...stop being bitter and make some $

"do i know everything about their business, no of course not"

I managed to find all the information I posted through Google, (yet you know these guys and have links) so you should try and do some research sometimes especially since you destroy others for not doing it as well as the fact that you are introducing these guys to your customers.

I'm not being bitter (I could say you are bitter about the SEC, lack of transparency in finance etc.) but I say this stuff because other readers could get hurt by it...which would be wrong, and bad for you business too! If I am able to help others, then others will step forward and help me (as discussed in Pennystocking), thats why i bought it up, not cause I am bitter.

zzzzzzzzz, focus on my products, not random affiliates

lol...to be fair An American Hedge Fund is the best book ever (how can you say Livermore's book is better? it sucked, yours is soooooooo much better) And I loved Pennystocking...just need to complete my collection sooner rather than later!

it's friggin 5.20 am over here, so ur right, i am gonna do some zzzzzzzzzzzz.

tim, just signed up for timalerts and payed. When do i get access?

cool, it takes a day or so for us to get u into all our different systems

cool, it takes a day or so for us to get u into all our different systems
BTW I love your blog!

well anyways just came to say thanks for the 7k made on UOMO short of 10k shares, and that i just bought an american hedge fund! and hey i was a little offended when you talked about working in a degenerate prop trading office...its great trading alongside others who are like minded, im the 4th highest earner in my firm, the top earns 12 million/year whilst i make just about 1.5m pre tax...damn tax. im going to start a little penny stocking on the side whilst trading daily, im not going to be gay and take up all of the borrowable shares either.