Wisdom and his Power Level Thread

Can anyone enlighten me as to why Wisdom prevents people from further posting on his thread when he get some constructive criticism and home truths about his 'holy grail' trading power levels. My guess is his monthly subscription of over $200 might be at risk.

When others show the slightest interest in identifying those power levels and post on his thead he blocks them from any further postings. How selfish and pathetic is that? What a W***@er. OZZY, OZZY, OZZY, OINK! OINK! OINK!

Well, i was a subscriber to his service for a while and wrote the following feedback for which he also cut me from this thread. Screw him , i dont care, but i atleast want the other newbs out there to know exactly what they are getting into before commiting to his shitty service:


"The great traders are busy trading on their own , not selling a signal service.

To add to what the experience is like in that chat room....
i) The guy is never there to help with any questions. When he answers it is usually in his cocky and arrogant attitude like as though he rules the world. Screw you and your lousy attitude.!!!

ii) He has a hard time admitting to or talking about his many loser trades. Lot of times he says to set SL and when everyone else has hit SL , he comes out and says he never set the SL. Plain dishonesty and a pack of lies everytime. Screw you again !!!

iii) His swing trades dont work most of the times. Screw your swings !!!

iv) I will admit that his PLs work most of the time. But due to all the reasons from above and more, would you pay $249 a month and sit there at the mercy of Lord Wisdom waiting forever for those 1 trade a week thing? Screw you over and again !!!

You all subscribers to his service have felt and witnessed one or the other of the above scenarios , but are reluctant to admit it in the open(although several of you have admitted to me and other people in private conversations) so as not to annoy your Lord Wisdom. You can come out in the open and admit it if you have the balls. Else , keep sucking on "you know what". Good Luck, you all need it when he pulls the plug on this thing. That day you will go crying to mama."

Wisdom got called out by someone on his thread. Like always, has no balls to answer him as well.


Sep 5, 2010 9:24pm
http://cdn.forexfactory.com/nfs/cust...tar90295_8.gifehrek
NY/LONDON ID Trader
Member Since Jan 2009
http://cdn.forexfactory.com/images/misc/8kt.gif 517 Posts

http://cdn.forexfactory.com/images/icons/icon1.gif
$5000 in escrow, waiting for you if you show me statements and prove you aren't bullshitting, because frankly.. I think you are full of shit.

calling ya out... easy money!

most likely another scammer ..... is there no end to these shameless people

I think his techniques are based on Breakout and pullbacks with a twist

It's like anything else...you have to learn to do it yourself, the fact of the matter is Wisdom doesn't teach ANYTHING. He just wants people to blindly follow him and as with a lot of "signal services" they eventually lead you off the cliff. The free info provided on the forums here are all a person needs. When in doubt demo it yourself and detemine it's profitability.

I belive that the one who offer service like signal or so , he must show his customers that all what he said is TRUE not Play around them.

thats in genaral

in specific things about Wisdomfx serveice i belive he is good and he offer good level BUT what he said about his BIG LOT not true unless he show his statement .

you can test Wed'sLevels , they work magicaly and free for ever

at http://www.forexfactory.com/showthre...52#post4137852

if Price Kiss Wed'sLevel @3832 will buy and will add more Buy @ 3820 and my TP 3853

I would like 3806 better

ought i would post this info here since wisdom doesnt liek the truth and has banned me from his thread (predicatble):

im actually abit sick of this now, so its time to tell everybody what wisdom's room is all about.

I have been with him for 4 months, in that time ive lost about £2k, all from following his advice to the letter.

he hardly comes in the room at all.

there are hardly any power levels given per month, id say about 3-4, but not all of them hit in a month. they are NOWHERE NEAR 95-98% accurate, and i promise you that. i know becuase i have lost on power levels and so have many others. his rule is to go 10% on a power level and keep adding if it goes 25-40 pips against you........VERY SCARY and it doesnt always work, leaving you with a BIG LOSS.

his guidlines are go for 25 pips but watch PA...on m1! we all know how scary watching every tick on M1 can be, especially when your in 10% deep and hoping price will keep going your way...some people in the room go for a modest 10 pips on each POWER LEVEL. thats fine, but makes no sense when sometimes the POWER LEVEL doesnt stop price and it doesnt bounce 10 pips and goes 25-50 pips against you......when your 10% deep, and advised to ADD INTO THIS LOSING POSITION all in the hope of making 10 pips?.......again very scary!

his swing trades are awful, huge drawdowns and no stop loss is ever given. the "golden rule" is given which is a stop loss of about 200 pips....LOL...and alot of the time you will be in like 4-5% as he keeps adding to losing positions. but if the trade is losing, you will not see wiz and he wont come online and tell you what to do.

his favourite saying in these very frequent situations is "i shared the info, dont expect me to babysit you"......great service for $250 per month hey.

fxdanny is admin on the site, and wisdoms best friend, not a bad guy, but obviosuly you can see where his loyalty will lie.

the fact he claims above to have made 3.5% WHEN EVERYBODY ELSE IN THE ROOM LOST 10% OR MORE LAST MONTH is very strange dont you think?

danny might have made 3.5% but he didnt follow wisdoms trades thats for sure, so what is the point in him being in the room?...maybe he should open his own room?

the most amazing thing about wiz is that he will lose like 2-5% on a swing trade and then come back online the next day or later and say "i scalped 7% and made 2.8% roe......im at BE for the day" lol..........he has doen that so many times its a joke.

he doesnt show people in his room how to scalp. in fact one day after we had all lost like 3-4% on yet anotehr bad swing he came in and said "today we are going to scalp from this region, go in 5-7%, and gave us an entry price and told us to aim for 7-15 pips or whatever.......price never even went more than 3 pips in our direction.......and we all lost heavy again.

anotehr time he went into a swing short trade and it went like more than 100 pips against us.....we didnt hear or see wiz all day and the next day he came into the room and the first thing he said was "wow what an up move......who reversed"

laughable but true.

i have nothing to gain by posting this and no doubt i will be blocked from this thread, but thats fine. im a newbie trader and i dont want other people to even think about paying for such a poor service, and losing money like i did.
http://cdn.forexfactory.com/images/misc/progress.gif

by the way i know what wisdom will say about me, "that ive never been a paid member"......but truth is i have been sharing his subscriptions with other people, as it such a poor service i would never dream of paying $250 per month for it. and neitehr did many others......

alot of people have left.

he gave a free month in july i think which is how i found out about him, so i was in the room for 1 month.

he also signs into the room under different user names, pretending to be new people and saying how great the servie is and how much money he has made!

100% fact and i can prove it.

he uses multiple user names, but they are all him.....again i have proof and others will back me up on this.

to be honest apart from danny and maybe fxranger, i m not sure how many other real people there were in his room.

which is quite sad.

i have not made this up and i know for 100% fact that wisdom comes into his own room under different user names and talks about how happy he is with the widom service and how much money he makes.....that is not a lie and i have seen it with my own eyes!

(and nearly fell off my chair)

please be warned.

finally last month i decided to stop using real money with wisdom as i was losing quite abit each month.

so i decided to take all his trades in demo.

here are the results.

25/10/10: e/u: entry 1.4048......long.......(-58 pips)

28/10/10: u/j: entry 81.60....long.....(-62 pips) some people in the room were still holding at -100 pips....wiz gave no clear indication if he was in or out of the trade.

28/10/10: e/u: entry 1.3825........short...(-17 pips)
28/10/10: e/u: entry 1.3843...short....(-32 pips)

29/10/10: e/u: entry 1.3855....short...advised to add into losing position at 25 pips against entry price.......(-70 pips)

that is just one weeks trades.

last week he made 3.5% on taking a long on g/u and it worked great. then the next day he lost it all AND MORE trying to short e/u when the whole world could see it wanted to go up......he had the whole room trade short and give back the only profits we had made in 2 weeks.

also going back to UJ.........he chased it time and time again tryign to go long, over the course of about 10 days, he made +40 once then after that he tried to go long on about 5 different trades and they all kept losing.

these are the facts people and those trades really did happen.

i think 1 power level was given and price didnt even come close to it.

this is how people were more than 10% down last month

and that is a fact.

this is the truth about his guy, and i have no reason to lie, i just dont want people to lose month like i did......

trade for yourselves guys.......i learnt the hard way!

p.s the guy i was sharing subsriptions with lost more than 10% also, and when he dared to question wiz last week about all the losing trades.........wisdom booted him out of the room!!! with still about 3-4 days of his subscription left.....really smooth wiz......very classy!

nobody can talk, question or debate with the great wiz.

it might be a good idea to join wisdoms room and take the oppsotie of every trade he does, you might actually make alot of money that way.

hope this helps those thinking of spending $250 per month with wiz

i have no reason to lie and im a newbie trying to make my way in forex......but this isnt the way guys.

there are hardly any power levels given at all anymore. and even when they are, the power level is liek 200+ pips away from current price and it might not get hit for over a month, and then it is not as effective?!

the swing trades are really poor and i spoke to people who were with wisdom in his free skype room (before he went to a paid service) and they always said do not take his swings they are rubbish.

the only time wiz makes money (or claims to make money) is when he says i scaped this and scalped that. no evidence is ever provided. and he scalps in sometimes at 7%!!!......how scary is that and how poor is his money managment to be going in so heavy on a scalp?....

scalping is a skill in itself yet he has never taught anybody how to scalp either.

by far the worst thing about this service/room is the fact that NO LOSSES are ever discussed by wisdom, he just brushes ALL loses under the carpet and only talks about the winners which have been few and far between.

remember i am a newbie trader, i have nothing to gain by posting this apart from trying to help others. i gave him 4 months so this is not a knee jerk reaction to wisdom, i have trialled and demo'd every trade to the letter and lost. like others.

chocie is yours.

ok wisdom has banned me from his thread lol (predictably)

thats fine, i can just post here an hopefully highlight the truth and stop other newbies and hopefulls losing money with this guy.

he says "to look at my posts"...please do........you will see that one of my first posts was askign wisdom to join his room for free........which i did...thats how i know so much about his service and how poor it really is.

im not into name calling or getting personal i just want people to read the truth and thats all it is.

i have just had pm's from yet anotehr guy (who is currently in the room) saying he will leave next week as he has lost quite abit too.

yes i do follow wedaei levels becuase i was told by loads of people that wedaei was in wisdoms skype group (when it was free) and worked out how to do the levels himself.

he posts here:

http://www.forexfactory.com/showthre...239080&page=24

and is a nice guy and gives all his levels for free, and they work better than wisdoms levels and are on many more pairs too.

so why would anybody need to pay wisdom $250 per month when wedaei provided more levels, with about the same accuracy and for free?

wisdom, i know your going to read this so i will tell you know....the reason im doing this is becuase you treat your subscribers liek shit, your rude to them and your not there for them when they need you.

you have them sitting around ALL DAY LONG without telling them when you might trade, and sometiem su dont even turn up all day. even when you do turn up most of the time your trades are shit, with crap entries and they lose.........and you dont care enought o even guide your people when these difficult times exsist.

but the number one thing is YOU DONT EVER TALK ABOUT YOUR LOSERS.

A MAN WHO CANT ADMIT WHEN HE IS WRONG IS NOT A REAL MAN.

your journal is a joke, you never ever report all the losing trades, so it is actually a lie.

i dare you to question the above trades i have given with entry prices and times.......you wont becuase you cant...becuase they are true.

and last of all wisdom....i have been talkign to you in that room for 4 months solid, without paying you the $250 a month lol.....yes wiz....i have personally talked to you alot over the last 4 months.

ever heard of screen share?

lol

this is how i know how much of a con and fraud you are, ripping off newbies.

i agree with all your points. as was pointed out by several people, wisdom has no balls to show his statement that he makes the money he says he makes. all a pack of lies. he treats other people like piece of crap

... screw you wisdom , you are the biggest dickhead in the world.

If you trade yourself and make thousands of dollars as the wisdom dickhead claims, why would you want to run a measly service that has only 10 subscribers at most for $250 a piece?

Think, think people ....

hahahaha-- found the right pic for all you monkeys

You are one of those FOOLS that suck on wisdom's nipples for dear life. Mommy , dont leave me lol !!!

You dont know how to trade yourself, so you pay 250 a month to an arrogant individual to mislead you. A case of the blind leading the blind , lol. I have read in your chatroom how you beg him for levels, careful dont beg too much he may not give you any levels even if you pay him 250 a month lol.

Dude - fxmechanic IS Wisdomfx. I'm in the process of putting something together to prove this to everyone - as well as prove that WisdomFX was Hakuna Matata who stole everyones money from PipSnipers. Check back soon.

mate 10 people?!

do you really think all of the people in the list are real people?.....i have never heard them talk in 4 months!

also some of the users like "markt" defends everything wisdom ever does.....even though he has been in the room a month or two...........and so have i been the room for that month or two........and wisdom has consistantly lost!

fx danny and fx mechanic....never really in the room when live trades are going down.........if we lose.....they come on and say "oh i didnt enter........i didnt like PA"

or if we win they come on later say "great trade wiz i made 1.5% roe or some other crap.....

everything is after fact......for example "see how price bounced of that old power level perfect wis, i made 2% tradign the bounce again"

well truth is i have had every power level ever given on my charts for months..........bloody law of probablity says price will stop somewhere and reverse.....get it?

its all a con

and im going to make sure people dont pay this prick anymore money and waste there time and become disillusioned by fllowing him....

it can seriously harm your own pyschology and trading follwing people like this

and for $250 per month!

fx danny

fx ranger

wisdom

fxmechanic

all from australia

all from sydney?


hymmmmmmmm

do the math guys

i hope my posts stop anybody thinking about joining this service
4 months i was in there.......and i know all there is to know about this guy

con man