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  • #781
  • Nov 21, 2009 6:42am Nov 21, 2009 6:42am
Quoting Setebos
I'm curious to see some hard evidence supporting jacko's business too. At least for the sake of ending this discussion for good. Knowing that jacko has been a respected member here for years and his services has many costumers I think it shouldn't be that much of a problem to bring some proof on stage.

Other than that the thread is already trending in rubbish direction so I'd like to kindly suggest that LasVahGoose & Co either say something on topic or simply shut it.

I agree, that would certainly put an end to all the doubt which understandably exists. I think something tangible from his customers showing consistent profitability would also be helpful, after all they're paying someone to teach them how to make money, either it was a good investment (the topic of the thread!) and they're making money or it wasn't and they're not.

I know if I was selling a service and people were challenging my credibility I would be very eager to prove the naysayers wrong, especially when it's my reputation at stake!

As a community I think it's our responsibility to question sellers credibility. Genuine sellers are very aware of how many scams there are in this business and will understand, even welcome, being called to task. It gives them the perfect opportunity to legitimately promote themselves and back up their claims with indisputable evidence, it's a great way to weed out the unscrupulous snake oil vendors who are just out to fleece gullible novices!



@Takisd - lol, yeah the stale scones issue is ongoing but look on the upside, they're great for throwing at passing PM's and MP's!
  • #782
  • Nov 21, 2009 6:54am Nov 21, 2009 6:54am
Quoting jacko
Another US trading session and I see the trolls have used that time to focus on another outpouring of fake indignation and outrage...
And to think I actually had respect for Jacko before this thread . . .


First off, gbpip is not daytrading/pipmutt and was infamously banned for being a TRO alias as explained by Twee here :

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Jacko would have known this already if he actually participated in this community instead of leaching off of it for advertising and charging people money.


Secondly, it's actually Jacko and his bunch of usually idiotic followers (I am not including some people in this, I enjoy the posts of a few people.) who have multiple username trolls talking about how great Jacko is/backing them up :

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Attached Image (click to enlarge)
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Here is "forexfixer" - a true multiple username troll talking about how "great" his mentor Jacko is on his profile page . . A "splendid" mentor indeed.

Add to this the Jacko "turtles" who talk about nothing except how great jacko is, all the "pips" that they made with Jacko etc etc. Unfortunately here in FF we have to put up with this rubbish,


In reality, daytrading has provided far more more insight and knowledge on here than Jacko ever will. Anyone who has been a member actively involved in this community will have read at least some of daytradings posts and know that this is the truth. He also provides it for free too.

No amount of mud-slinging on Jackos part will change that.
  • #783
  • Edited 7:12am Nov 21, 2009 6:57am | Edited 7:12am
Quoting Pips_Cruiser
I don’t know if this thread should be cleaned up and moved to the Commercial Forum, or just tossed in the Recycle Bin.

But here’s one vote for the Recycle Bin . . .


Here is another vote for Recycle Bin.

For a record, I agree with Jigsaw post above.

"Anyone who has been a member actively involved in this community will have read at least some of daytradings posts and know that this is the truth. He also provides it for free too."

I also used to have respect for Jacko, before this thread.

As being eloquent is not one of my strong points, I will restrict my input to voting.
  • #784
  • Edited 7:56am Nov 21, 2009 7:20am | Edited 7:56am
Quoting ALThau
Here is another vote for Recycle Bin.

For a record, I agree with Jigsaw post above.

"Anyone who has been a member actively involved in this community will have read at least some of daytradings posts and know that this is the truth. He also provides it for free too."

I also used to have respect for Jacko, before this thread.

As being eloquent is not one of my strong points, I will restrict my input to voting.
Me 2 ,........
1- He never made 1 live call
2-try many time review his posts nothing really as expected from big trader as they say so.... just bla bla
3-I see Paid service like someone say Hey give me 700$ and i will give you 2000$ back lol

So maybe he is good trader as they say so but very Selfish OR you guess the other possibility........
  • #785
  • Nov 21, 2009 7:44am Nov 21, 2009 7:44am
Please, people -

Do not vote for this thread to go into the 'bin' just yet. It would be the same if the media in the recent parliament expense scandal was asked to not investigate the corruption any longer and to forget about all the wrongdoings.

I am also quite certain that if it happened that one of the 'preferred brokers' here on FF would turn out to be possibly fraudulent or make false representations for example, that every reading member (or guest) had the right to be informed about it - it would not be ignored. Further to that I believe that the business in question would be given the opportunity to not only speak up to either refute or confirm the situation, but to prove its legitimate existence with hard evidence - or if it cannot, to simply stop.

In the case of this thread, we are looking at a business which has been actively promoted through paying members, and simple due diligence has not brought up a single shred of tangible evidence of its legitimacy. This is only possible because the market is unregulated and any cowboy can create a web blog with claims like (p.3 from the original 'Jacko' thread):



On that Forum I traded live time for about six months and, as was seen by all who followed those trades, was very successful in my trading. If you have read that journal, you will know that it was "live time trading" and there was no possibility of any B.S. because I (and others) were all posting as we traded. If we had tried to B.S. then everyone would have jumped on us. Initially, I started with very small numbers of standard lots, but as I started to make very serious money, I stepped up my trading volumes and eventually found my ideal comfort level. I am still trading those large lot numbers.


If it was no 'Bullshit', then why have we not seen any real audited account statements of what I call simple 'live calls' - it simply does not confirm whether the trades were a) taken, and b) taken in the size. As I mentioned previously, making live calls and claiming to actually having traded the stuff are two very different things.

If the statements exist in reality, why not showing them and instantly regaining credibility and control over what has the possibility to look to many like a cheap scam now.

That is simple and legitimate due diligence which can be asked from any business/commercial venture on the globe that one pays for.

So, please, help this forum by making sure its members can have the confidence to browse through the commercial part without having to fear that they will be ripped off and to protect them from possible misrepresentations.

Real independently verified statements (despite all the accusations against me from the proprietor of the business) could still change the picture here and put the whole matter to rest with a good outcome.

What ever happened to the right to ask questions and the freedom of speech?

regards
daytrading
Enter Signature
  • #786
  • Nov 21, 2009 7:48am Nov 21, 2009 7:48am
Quoting Jigsaw
And to think I actually had respect for Jacko before this thread . . .
Daytrading and others are being maligned because they have actually had the stones to stand up and say prove it as anyone selling a service like this should do, taking anyone at face value is a suckers game in these times.

Jacko and his marketing dept are really doing a disservice to the community here on ff, I too actually used to think highly of Jacko.
  • #787
  • Nov 21, 2009 7:52am Nov 21, 2009 7:52am
this thread should NOT be sent to the garbage bin !

think about all those newbies who are gullible enough to pay 700$ based only on the cheerleading and the so called reputation of jacko on FF.
I think they and the rest of us who participated in this thread deserve better than simply sweeping the things under the carpet and pretend nothing`s happened and everything smells rosy.
In fact, it smells of bull*hit a mile away !
The worst thing I can be is the same as everybody else. I hate that.
  • #788
  • Nov 21, 2009 8:06am Nov 21, 2009 8:06am
Guys, thank you!

I though that I was pretty alone in my corner for a while -

Keep reading - and politely post your views. Maybe we end up with a better community. One that will allow members to speak up without getting called 'trolls', where nationality (or similar aspects) are of no relevance during discussions and where the burden of proof lies with associated businesses - and not the other way 'round.

regards
daytrading
Enter Signature
  • #789
  • Nov 21, 2009 8:08am Nov 21, 2009 8:08am
keep it going is the right thing to do,it could turn out to be one of the best threads,in fact for anyone new to trading .this is a great starting point.its time to get everything out in the open but lets be civil about it
student
  • #790
  • Edited 10:34am Nov 21, 2009 10:10am | Edited 10:34am
Binning this thread could be the worst thing one could do to newbie traders and the Forum itself. I personally am weary of traders here claiming to have made it big posting pip rallies and completely circumventing dialogue relative to draw downs or bad months. Eventually no harm done until your paying for something, like i mentioned earlier, a good signal service and/or expert tutelage are immensely coveted in this industry. The only ones to finally blame are those that don't practice their share of due diligence and make uninformed decisions or purchases. Audited Validation is a very reasonable request not because the individual its demanded from has lesser credibility but because this Industry is a scammer's paradise, every single phase needs to be treaded with caution. The NFA will hopefully have a registration process for Fund Managers and signal providers some day, showcasing past performance of the registered Manager/ Service provider when demanded. Would save several calamities which I've personally experienced.
  • #791
  • Edited 11:15am Nov 21, 2009 10:53am | Edited 11:15am
this is becoming quite sad

I have yet to find - anywhere - a member, or for that matter even an ex-member of his groups, state Wayne Jackson is at worst a fraud or at best that he doesn't deliver what he said he would.

not one.

some may have found his trading style didn't fit with their own personality, account balance or whatever - but that he wasn't 100% legit - no one.

on the contrary in fact.

Truly, in this day and age where it takes very little for such complaints to be made public, that in itself does not spark some thoughts? Or is it believed that Jacko has bought everyone off? I contend that he has gained the respect to the point of even ex members abiding by his request of confidentiality regarding his trades - nothing is signed - it is just a request he makes.

I wouldn't want the true purpose of all this to be the disclosure of exactly how much he trades or his yearly income - and not the veridicity of the trades (entries - exits - which members of the group witness and recieve practically in real time) or his capability of offering something of value to those who wish to follow his methodology.

Personally I couldn't care less if he trades 2000000000 lots or a micro account or even if he trades at all....

In my experience he has delivered what he said he would - that and then some.

All the way down the line.

Again - sad.
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #792
  • Nov 21, 2009 11:24am Nov 21, 2009 11:24am
I have the greatest respect for Jacko ...... seems to be a perfect gent.

But I was wondering whats wrong in posting a statement say for only a short time say 6 months, the name account number and all other critical information can be edited out?

I know he's not obliged to prove anything to anyone but as he's so successful why not just post a 6 month statement. I mean all he has to do is to edit his statement in ms paint and upload. It would take less than 2 mins and put an end to all this.

This will silence the critics for once and for all. I mean u cant argue with a statement.

I hope Mr Wayne reads this and considers this.
  • #793
  • Nov 21, 2009 11:39am Nov 21, 2009 11:39am
Quoting fugly
I have the greatest respect for Jacko ...... seems to be a perfect gent.

But I was wondering whats wrong in posting a statement say for only a short time say 6 months, the name account number and all other critical information can be edited out?

I know he's not obliged to prove anything to anyone but as he's so successful why not just post a 6 month statement. I mean all he has to do is to edit his statement in ms paint and upload. It would take less than 2 mins and put an end to all this.

This will silence the critics for once and for all....
Anything he posts will be called a fraud by daytrading & co. It's a no win situation. They were pissed off before the commercial forum was created and they are pissed off now the commercial forum has been created. Nothing will ever been enough to satisfy them. Whenever they get bored with Jacko they will move on to another member.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #794
  • Nov 21, 2009 11:47am Nov 21, 2009 11:47am
Personally, it doesn't bother me whether the thread gets binned or not. People can choose to read it, or ignore it.

I'm just amazed that it has survived in the Trading Discussion section for this long. It breaks forum rules #1 (fighting; disrespect; name-calling), #2 (attention; personal agendas) and #3 (blatant promotion; people with less than 100 posts discussing a service) over and over and over again.

My only question concerns the consistency with which the rules are upheld. Other threads have been binned, or at least moved to the Commercial section, for much, much less than this. If the rules apply only to certain situations, then I believe these situations should be clearly spelled out.

Jacko's advocates really haven't done their master any favors here, IMO. Excessive promotion of a product or service is always going to result in questions being asked, which I have always believed to be a healthy process. Having said that, this thread hasn't changed my opinion of the probable quality of Jacko's service, one way or the other: nobody on either side of the argument has really presented anything of factual substance to support their opinions, either in terms of trading performance, or methodology. Apart from confirming my views on human nature, I have learned little from this thread.
  • #795
  • Nov 21, 2009 12:03pm Nov 21, 2009 12:03pm
Quoting garrye
keep it going is the right thing to do,it could turn out to be one of the best threads,in fact for anyone new to trading .this is a great starting point.its time to get everything out in the open but lets be civil about it
A great starting point for a newbie trader? Please...

You must have never looked at the sticky threads under Rookie Discussion. Those contributions far outweigh daytrading and co. posting over and over that commercial members at FF are fraudsters. There are many great folks here that contibute excellent material, to say this thread is that league is an insult to the fine work of many fine people.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #796
  • Nov 21, 2009 12:18pm Nov 21, 2009 12:18pm
Quoting LasVahGoose
Anything he posts will be called a fraud by daytrading & co. It's a no win situation. They were pissed off before the commercial forum was created and they are pissed off now the commercial forum has been created. Nothing will ever been enough to satisfy them. Whenever they get bored with Jacko they will move on to another member.

Ok, a word to your post first:

I have not accused anyone here of fraud - in fact it is I who have been repeatedly accused of using multiple usernames which I categorically deny and I can easily prove that. I have been accused of 'dragging down' the forum and now I am being accused by you that 'nothing ever satisfies me'.

I have raised the possibility that misrepresentations have been made and if any reader is still unclear about my intentions in this thread, they should (re-)read me previous 10 or so posts (I really cannot make it any more open).

I am not picking on a specific character, but unfortunately the business proprietor is the face and so the representative of a business that has been extensively promoted and discussed here.

As a business you are under obligation (or even courtesy) to answer the questions that have been raised - that is nothing unusual.

At no point in time have I made reference as to the possible mentoring qualities or trading related skills. Whether they are existent or not is not of any concern. I have repeatedly made clear why I believe this thread has a very important purpose - and I personally gain nothing from it - in the same way I never had any gain from sharing part of my market knowledge with other members on this forum.

I am still asking for the same: for the business to provide real evidence in order to back up the publicly made claims on which its credibility and its potential future revenue rests.

regards
daytrading
Enter Signature
  • #797
  • Nov 21, 2009 12:27pm Nov 21, 2009 12:27pm
Quoting daytrading
I have not accused anyone here of fraud -
regards
daytrading

I just call it like I see it, I'm not fooled by the fancy double talk and fake diplomacy and the "oh, I just want to help the community" talk. You have an agenda and are on mission.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #798
  • Nov 21, 2009 12:33pm Nov 21, 2009 12:33pm
Quoting coscorp
Truly, in this day and age where it takes very little for such complaints to be made public, that in itself does not spark some thoughts? Or is it believed that Jacko has bought everyone off?
I have nothing against Wayne, or the service that he offers. At one point, several months ago, I thought about signing up myself.

The problem is that 98% of folk offering any kind of paid education or signal service are snake-oil vendors, hence it's sensible to be cautious, even skeptical, by default. Moreover, when a service is being excessively promoted, as has been done repeatedly throughout this thread, people are justified in asking questions as to why, IMO. Promotion will always create the impression that the vendor is in need of more business.

If Wayne chooses not to publish audited statements here, that's his prerogative; in his situation, I'd do exactly the same. But I would expect even more questions as an inevitable consequence, and I would accept that anything less than hard evidence is not going to satisfy the vast majority, for obvious reasons. So I would learn to live with the fact that some people will henceforth remain suspicious of my intentions.

Profitable trading is not easy, and I fully understand why anybody making money as a result of their subscription would leap to defend Wayne, who has doubtless been very good to them. But Jacko's subscribers also need to see it from the point of view of an 'outsider' looking in: the only way of obtaining 'seeing-is-believing' proof is to pay the $700, and I think it's perfectly understandable why folk are unwilling to do that.

I agree that the on-going bickering is a sad situation, but the thread has been allowed to go on and on, and I'm afraid that, once egos are permitted unrestricted freedom of expression, it's an inevitable consequence.
  • #799
  • Nov 21, 2009 12:37pm Nov 21, 2009 12:37pm
Quoting LasVahGoose
I just call it like I see it, I'm not fooled by the fancy double talk and fake diplomacy and the "oh, I just want to help the community" talk. You have an agenda and are on mission.
Sorry dude I don't see any agenda here except to ferret out some answers. As I recall the genesis of this discussion merely was asking for Jacko's marketing dept to backup their wonderful proclamations of success, quite a reasonable request and something that should be common practice when one is selling a signal service or whatever he is pedaling.
  • #800
  • Nov 21, 2009 12:50pm Nov 21, 2009 12:50pm
Agreed, as a business owner of 13 years this is something I must concur with every month through, book keeping, insurance, licenses etc...point being every business in the real world has to answer to claims it makes at some point.


Quoting daytrading
I am still asking for the same: for the business to provide real evidence in order to back up the publicly made claims on which its credibility and its potential future revenue rests.

regards
daytrading
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