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James16 is not credible

  • #61
  • Edited 10:17pm Sep 7, 2010 8:04pm | Edited 10:17pm
Quoting Mr Smith
How come people like dragon are not banned? I don't get it?...
That was my point HERE on Post #4 and the (real) mods elected ((as is their right...)) to immediately lift my temp suspension on this ninny... I'm guessing in order to be consistent with their new "...Hands off and let the Fur Fly" policy regarding the Commerical Section.

Quoting Twee
... Nowhere else on the forum do we allow such harassment to take place...

We’ve learned our lesson with Jacko and we are no longer going to extract arguments from Commercial Forum threads unless it’s extremely hostile or in bad taste...
If this thread doesn't qualify as "extremely hostile or bad taste" then I'd hate to see what does...

There are two issues here imo (well far more than two, but tryin to KISS...) The first and most glaringly obvious one is that James has vehemently contested his inclusion in this wretched Commercial forum since Day One and never had a choice in the matter. Yet he's been subject to the same $hit $linging as the rest of them since Day One and it's to his credit that he's still here at all imo. Says far more about him than his detractors and/or executioners realize.

Will FF fold up overnite if one or a hundred contributing members all exited at once? No way... But overnite isn't the problem... it's what I alluded to HERE over a year ago when I said...
Quoting ak4x
...More to be Feared in my opinion than any silly Exodus is that slow, steady and almost unnoticed attrition of seriously Valued members who just don't "have it in them" any more to Fence and Spar with some post adolescent video game champion from the corner arcade that stumbled into FF on a dare while texting in some chat room. It's already begun to some degree in some threads and if you've been a'rd for awhile, you know what I mean...
The second immediate issue as I see it is that Toxins in your system affect all parts of you and I don't think the "barrier" between the General Discussion section and the Commerical section is as impermeable as they ((FF admin)) think. Time will tell.. I sincerely hope they don't lose the patient in the meantime.

I'm slowly ((but surely)) making way out of here altho it's taking a few more posts and exchanging of contact info with some folks than I initially reckoned on, but tying up a couple more loose ends and that should do it. I think...

Maybe part of the difficulty in misjudging what it would take to fully disengage from this place is that I really did and still do have a Great Affection for it.

Those of you who wish to think otherwise... that's your perogative and Welcome to it. No worries...

Those of you who wish to Post otherwise (and have)... Screw You. This is the Commerical Section so deal with it.

The Last word is yours.


ADD: Just saw the Thread title has been changed from "James16 is a scammer" to "James16 is not credible..."

I guess I don't get the difference between an insult and an insult...

Like yelling "fire" in a theater instead of "FIRE!!" ?
FUBAR...
  • #62
  • Sep 7, 2010 9:01pm Sep 7, 2010 9:01pm
Quoting ak4x
Will FF fold up overnite if one or a hundred contributing members all exited at once?
Nice veiled threat of loss of revenue. God forbid this place should turn into real traders helping others build a solid foundation; free of ego or $$.

Quoting ak4x
been subject to the same $hit $linging as the rest of them since Day One and it's to his credit that he's still here at all imo. Says far more about him than his detractors and/or executioners realize.
It said a lot about Bernie Madoff, too. Funny thing, that crowd behavior.

Quoting ak4x
I'm slowly ((but surely)) making way out of here...
Don't let the door hit ya in the ...

Quoting ak4x
Those of you who wish to Post otherwise (and have)... Screw You.
  • #63
  • Sep 7, 2010 10:11pm Sep 7, 2010 10:11pm
james16 is defending jacko now and incontact with him.i rest my case
student
  • #64
  • Sep 7, 2010 10:27pm Sep 7, 2010 10:27pm
Quoting garrye
james16 is defending jacko now and incontact with him.i rest my case
Funny, Jacko is on your buddy list and not on James16's.

Looks like some folks are just trying to start a "Witch Hunt"

Why is it that some folks want proof when they provide none to substantiate
their claims?
  • #65
  • Sep 7, 2010 10:30pm Sep 7, 2010 10:30pm
good lord.

on my mothers grave i have never had one personal contact with the guy in my life that i can remember. maybe a quoted post years ago or something.

are you people smoking crack?

Quoting garrye
james16 is defending jacko now and incontact with him.i rest my case
  • #66
  • Sep 7, 2010 10:48pm Sep 7, 2010 10:48pm
Quoting james16
good lord.

on my mothers grave i have never had one personal contact with the guy in my life that i can remember. maybe a quoted post years ago or something.

are you people smoking crack?
Crackheads are much more intelligent.
  • #67
  • Sep 7, 2010 10:54pm Sep 7, 2010 10:54pm
Have not followed the situation here but use to frequent this forum quite often, James to a degree and even Jacko some. Never really got too involved in their methods as I found what was more condusive for me. Having said that, people never throw rocks at those at the bottom.
  • #68
  • Sep 7, 2010 11:15pm Sep 7, 2010 11:15pm
Quoting tubguy
Crackheads are much more intelligent.
As crazy as this garrye character comes across, so far, it looks as though he was correct in the case of jacko.

I have no idea how he concluded that jacko was a ponzi, but so far it appears the funds have not been returned, and it looks as though garrye was correct to raise the red flag on jackos operation from the start, at a time when NO ONE was on his side.

As far as the $700 mentoring that jacko offered, I would say that is small beans in comparison to his managed funds. In fact, I don't think that jacko owed his students constant profitable quarters, because that is not how trading works.

But to go and steal peoples money by promising returns in a managed fund is just wrong.

As far as I know, James16 does not offer to manage his students accounts. During my 1 month period on the James16 private site, I was never once offered any fund management service, and have not received a single e-mail to re-join the group after my one month was over. Also, for every 1 reason that James will say trading is good, he gives at least one reason why it is incredibly difficult and failure is the most likely scenario for someone who attempts it.

In my opinion, to hunt down James and accuse him is pointless. He offers a teaching service. If you go to the private side for one month, that will cost you $129..... If you don't like it, or don't want to commit more money for financial/personal reasons, you can leave. Quite frankly, the real meat of the J16 method is all offered for free right here on FF....
Many choose unhappiness over uncertainty.
  • #69
  • Sep 7, 2010 11:16pm Sep 7, 2010 11:16pm
Quoting endroute
This from someone who can not even present 1 single shred of evidence that says anything negative about Jim, other than a bunch of mindless babble. You are a complete and total joke
i dont understand the shxtty babble here by the thread starter.
what's your beef? where is the beef?

if u have chocolate, & i dont... then i took it from u... u can complain.
if u have chocolate, & i dont... then i didnt bother u with it... will u/should u complain?
i dont understand why this guy is complaining. are u a James16 PF member? J16 FREE thread reader? & still failed?
if so, u suck big time. make a realistic personal assessment.

im from a 3rd world country... i know how it is here. i havent joined James16 private group & yet i have learned a lot from the free thread.

shame on you for hiding behind 'Angola' (as your 'country') & using incorrect grammar to propagate your sh*t.
threads like this turn off the senior traders, all of whom i have dreamed of seeing & interacting with here again.
what they say is true: FF is not the same...FF has deteriorated thanks to ya gong & siao siao guys like u.

im humbly requesting Twee to remove & thwart guys like these.
Trash here in FF has been piling up.


-----------
regarding jacko,
well... what can i say.. PEOPLE CHANGE.
he could be a scammer from the onset, he could've transformed to one along the way. we cant be certain.

many people change when money is involved.
family & relatives change when money is involve, THAT's A FACT....what more strangers u meet on the web?

people here are terribly f*cked up... they cant discern good from bad apples...
  • #70
  • Sep 7, 2010 11:25pm Sep 7, 2010 11:25pm
i dont know why garrye went after me other than emotion but i hold no grudge.

i hope like hell this somehow works out.

Quoting Dan Gilbert
As crazy as this garrye character comes across, so far, it looks as though he was correct in the case of jacko.

I have no idea how he concluded that jacko was a ponzi, but so far it appears the funds have not been returned, and it looks as though garrye was correct to raise the red flag on jackos operation from the start, at a time when NO ONE was on his side.

As far as the $700 mentoring that jacko offered, I would say that is small beans in comparison to his managed funds. In fact, I don't think that jacko owed his students constant profitable...
  • #71
  • Sep 7, 2010 11:38pm Sep 7, 2010 11:38pm
Long time ago, I had read someone's post I don't remember:

"Never argue with idiots. They will drag you to their level and beat you with experience.

The quote really gets justified in this thread. Why would someone show his bank statement in a public thread? Nobody is selling anything here.

Good Luck guys. If you don't find, I will give you list of teachers on the web who will show their bank statement without hesitation. Even I can give you one.
  • #72
  • Sep 7, 2010 11:56pm Sep 7, 2010 11:56pm
Quoting supremeChaos
-----------
regarding jacko,
well... what can i say.. PEOPLE CHANGE.
he could be a scammer from the onset, he could've transformed to one along the way. we cant be certain.

many people change when money is involved.
family & relatives change when money is involve, THAT's A FACT....what more strangers u meet on the web?

people here are terribly f*cked up... they cant discern good from bad apples...
Nice say SC!
  • #73
  • Sep 8, 2010 1:01am Sep 8, 2010 1:01am
Quoting smjones
Jim, If you did that, I would moderate for you if you where to need it.

BTW, just google onlydragon forex very enlightening. LOL

Well on that note I am out of here. take care everyone.
Mr. Jones sir, this has nothing to do with Jim but with all due respect to you this is exactly what you said on the Jacko thread post #18

Quote
Wayne, I am deeply sorry for this and wish there was something I could do about it.

If this is how this place is going to be I cannot be a part of it.

bye guys, Scott

Coming from a senior member and ex-moderator like yourself there was pressure on Twee to bin the thread ...... which he subsequently did and in hindsight we now know fxterrapin was correct and Jacko just went on losing money.

If that thread hadn't been binned people who were thinking about investing in Jacko's fund or taking his mentorship might have been more cautious.

Lets forget about junior members but I'm sure you realize as a senior members at ff and as I mentioned above an ex-moderator what you say is held in very high regard by many. Do you believe it was correct for you to have made that statment without having actually verified for yourself Jacko's profitability?


thx
  • #74
  • Sep 8, 2010 1:08am Sep 8, 2010 1:08am
I dont think James16 or Jacko sites were scams. Its like if u go to cinema u have to pay for it and after 2 hours u know that the movie was disappointing and u just lost 5EUR. What would u say about cinema , are they running scam?
I was member of james16 site for couple of months and I lost couple of thousands but not because it was scam, it just didnt work for me. There were about 600 people during that time so I suppose its sound bussines model, but most of them probably dont make any money (or worse). U need to be very carefull what u are buying in this industry. There are dozens of commercial threads and as long as FF keep running them we shouldnt consider them as fraud and it doesnt matter if u make money or u dont. If u want to make money start some commercial thread , atract people and u won as James said.
Jacko has run the same bussines model, (which was ok, I acctually mad about 15 % for 2009), but he also took money from people and disappeared which can be classified as scam and he shell be hung.
  • #75
  • Edited 1:39am Sep 8, 2010 1:23am | Edited 1:39am
Quoting james16
i dont know why garrye went after me other than emotion but i hold no grudge.

i hope like hell this somehow works out.
jim,

you've done many good things for this community, you don't need to explain yourself to these mongs. Fuck em.


Quoting onlydragon
R]

7) After hearing all these reasons above and James still quiet, still have nothing stay, unable to counter even one reason….what I could say? This one must share the room with Jacko in jail

Final verdict: GUILTY
Twee & FF mods, membership rule #2 cites that
" Forex Factory is all about trading. Anything focused on the pursuit of trading profits is welcome - anything focused on something else is subject to removal. Keep in mind that Forex Factory is a global community, so controversial discussions (i.e., politics, religion, nationalism) should be kept to an absolute minimum. Additionally, the site should not be used to for personal agendas such as ego, drama, attention or revenge."

The thread owner had clearly discredit another member by claiming him guilty without proper proof. It is not right & ill spirited to have opened a thread just
to discredit another member.
Thank You
  • #76
  • Sep 8, 2010 2:01am Sep 8, 2010 2:01am
Rule #1: Respect Thy Fellow Trader

You little kids must grow up and go do a 9-5 job instead wasting your pathetic lifes trying to play "dog eat dog" on the net. Don't hate anyone cuz he's beautifull. If you can't make it doesn't mean anyone can't. Get over it and just move on. Life's too short. And cheap flaming like here goes against all odds for you to succeed as a trader. Instead of blaming someone perhaps you could learn a thing or two. Once this was a beautifull community filled with gifted bright minded people that shared their ideas and expierences but now it's got rotten. Why do we build bridges, then destroy them and try to rebuild? One can just wonder...
  • #77
  • Sep 8, 2010 2:11am Sep 8, 2010 2:11am
Quoting onlydragon
7 reason James is a SCAMMER

1) James have a same common like any other swindles: no bank’s statement , no tax audit …. Although he said he’s a profitable trader (how profit? Who knows?)
All you guys hear from these scammers is promise , promise and promise

2) James16 alike Jacko : both have a lot of loyal fans in FF , both are partner of FF, both are honorable trader in FF in many years ….. and yes both have no bank’s statements
[color=blue]
3) If you see in...
onlydragon

Shut the fuck up.

yea, that's right, I know how to enlarge words too. I also know how to write with proper grammar. (Just so you know, I'm implying that you don't.)

Now, get the fuck off of this forum and stop making an ass out of yourself.

Attacking someone's product while never having tried it is just tasteless.

Now, mods, I usually don't use profanity. But I really can't stand this fucker. If you feel I need to be banned over this post in this worthless thread, please feel free to do so.
  • #78
  • Sep 8, 2010 2:32am Sep 8, 2010 2:32am
Hi all....

Well what a mess this section is turning into...

First off......the arguments about James16...where have they come from, has someone not been able to get any money invested with James back, has anyone not received what they paid for,, and I dont mean what you think you should have got...I mean...got nothing for there money...

Speculation that James16 is talking to Jacko.....Proof please ?

Has James16 run from the forum, is nobody able to contact him....well looking back on this thread the answer is NO.

So leave the speculation at the forum door....post only the facts


Angler
  • #79
  • Sep 8, 2010 4:39am Sep 8, 2010 4:39am
*sigh*

I really have reservations partaking in this thread. This post is going to appear as fanning the flames, but it's not done with any ill motive behind it. It's purely my reaction to James' posts, which raise more red flags than I care to count.

Again, many parts of this post are going to come off sounding rather abrasive, and I apologize in advance for that, but my BS meter is frankly off the charts..

I am in no way whatsoever defending onlydragon's accusations, these are merely my own thoughts & questions formed from reading James' replies.



James, I address the following to you:
Quoting james16
REMEMBER IVE BEEN DOING THIS FOR 25 YEARS.
...
over the 30 years that ive been doing this.
...
ive been at this game for 25 years
So which is it? Over 30 years or 25? 5+ years is a lot of time to misplace..

Keeping in mind that retail FX has existed for little more than a decade, what is your prior experience? If you're so boastful about the number of years you've been "doing this", it would add a bit of credibility if you said what it is exactly you were previously "doing" (sorry, I'm just naturally skeptical, as well as curious).

Quote
The James16 Group is not a business. Its a hobby.

I PAY OUT 5 FIGURES A MONTH TO TEACHERS WITHIN THE GROUP THAT KNOW MY MATERIAL.
You do realize the second sentence is a direct contradiction of the first sentence? You're paying out 5 figures/monthly to your teachers, it's clearly a business, not a hobby.

Another J16 member quoted 600+ active members. At $129/month, that's roughly $80k/month in revenue, just shy of a million a year. I don't know of any "hobbies" that are that profitable..

James, let's not beat around the bush, you are running a commercial business. There's absolutely no shame in admitting it, you should be proud of what of you've accomplished, but at least man up and admit it.

Quote
I HATE BEING IN THIS STINKING ROT GUT PRISON CALLED THE COMMERCIAL FORUM.
As I previously stated, you are a commercial vendor. A commercial service is what you are selling. Your attempt to cast yourself as a white knight doing this out of the goodness of your heart is, I'm sorry, ridiculous.

Quote
I WOULD PAY 5 FIGURES TO GET OUT IF IT WAS OFFERED.
Pay 5 figures to misconstrue the nature of your business, while at the same time, gain wider exposure on FF? I'm sure you would pay it in a heartbeat.. who in your shoes wouldn't?

Quote
I enjoy the free thread a million times more than the paid group
Really? A million times more? But yes, free advertising is incredible, isn't it?

Quote
MOST OF THE MONEY THE GROUP MAKES NEVER SEES MY POCKETS.
You must mean theoretically speaking, otherwise the IRS may be at odds with your revenue pass-thru arrangement..

Again, it comes off as if you're trying very hard to convince both your teachers and your clients that you're not profiting handsomely from your site. I seriously question that.

Quote
My reputation is important to me not because of the group but because i grew up in a time when a reputation actually mattered to people.
Your reputation is important to you because you've turned it into a million dollar business. Congratulations, that's quite an accomplishment! No need to give us this humble helper/white knight story, I know it helps the bottom line profits (read - obvious mentoring sales tactic), but it's a bit overbearing.

Quote
My wife is not happy at this point.
Considering the money your enterprise is making, she should be very happy. But then again, your family is not relevant to this discussion. We don't need to hear about your wife, or the tears running down your face while holding your child (upon reading the mean internet forum post someone wrote about you). I'm sorry, but seriously, do you see what I'm saying about "overbearing"? Your introduction of family to induce sympathy is, shall we say, unnecessary (and from a vendor/sales perspective, unprofessional).

Quote
NOW I ASK YOU. Why would a successful person continue to put himself thru this and possibly his families safety IF THE GROUPS INCOME DOESNT MATTER.
I'm pretty sure $80k/month matters A LOT, and is entirely the reason you continue to do it. Any suggestion that it's a terrible burden to you or your family appears as yet another attempt to induce sympathy & create a false persona (for the sake of greater following/sales).

Quote
I LOVE FOREX FACTORY, I LOVE MY FREE THREAD
I hate to say who often uttered roughly these exact same words (I think most can guess). But yes, we know why you love FF and the free thread, a million dollar baby is something to love indeed.

Quote
IF I EVER START A LIVE TRADING ROOM (ITS LIKELY)
Sure why not, might as well keep on milking it..



James, I don't mean to come off sounding so critical, perhaps you do mean best. But the sympathy-inducing sob stories and white knight humble helper campaign just reek of shady, false-persona-building sales tactics.

It's obvious you run a highly profitable commercial mentoring service. It's not something to shy away from. As I said before, it's quite an accomplishment and something you should be proud of.

I've loosely perused your thread, many of the early posters there are long gone, likely victims of the unyielding 95%. Your encouragement of daily/weekly timeframes is quite smart, it extends the inevitable, yet encourages a lengthier subscription period (slower drain for them, more money for you). For those who aren't aware, this is quite common in the mentoring business (as is the communal praise amongst vendors, similar to communal praise amongst FF senior members, communal praise = communal credibility = greater following/sales).

I can't say for certain what, if any, long-term edge exists in trading pinbars & fibs (and the other aspects of your methods). I imagine you'd be running a hedge fund if the edge were that evident. But as long as you can keep selling the dream for $129/month, well I suppose the more power to you, but just try to be upfront and honest about it.
  • #80
  • Sep 8, 2010 4:53am Sep 8, 2010 4:53am
Although I can't verify deep in what you have said, you are very skilfully and amazingly argumentative. Rarely have I seen on FF.

cheers,

Quoting Trader KGB
*sigh*

I really have reservations partaking in this thread....
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