(binned per thread starter’s request) Bye RTM

The demise of RTM is before us.

It's leader, IF, a self proclaimed teacher and trader has given it up. I wonder (but not too much). IF, someone who has achieved god-like status among the RTM cult and who himself alleges to be able to trade but, does not, but also claims at will to make enough to support the cost of the RTM website, yet himself alludes to living in relative poverty. Does this seem odd? Yes it does. A trader with the skill as claimed by If and his cultish followers surely should be able to support a lifestyle above the poverty level and support a website. Let us not forget the RTM academy where wanna-be RTM cult members pay around 10K USD each. And yet IF still complains about his pauper-like life style and his sacrifice to our Blue Planet.

Is it me or is it IF's website and bait thread here at FF just another failed commercial venture that has taken advantage of many who never really could afford to pay the princely sum RTM academy commands and are now left with nothing but perhaps an email receipt. We can be sure of one thing. Those funds have gone to one place: IF's pockets.

Sadly the origins of RTM stem from a once great thread "Price is Everything" and it's author Redsword11 whom IF claims to pledge allegiance too. Let's cut to the chase: IF has merely repackaged the simplicity of the PIE strategy, complicated it so that many cannot understand it and then sold it to a hopeful few in the form of the RTM academy. Be sure of another thing. Few if any of RTM academy graduates can claim they profit from the teachings of RTM. Not unlike 99% of the commercial snake oil sold here on FF.

I have not clue about what is going on, but wasnt red part of RTM?
On a side note, why did you stop trading with supply and demand?

Of course you are right WR, I made a post on his thread about why the RTM companies in Ireland were all dissolved last year including the Fund and Academy and also pointed out what he had said about posting results/accounts for himself and RTM, instantly banned from the thread, struck a bit of a nerve. He seems to have a history of Directorships and dissolved companies under his name, Michael Guilfoyle.

If you read his FF posts from 2011 you can see he was a 'noob' floundering around various threads with no idea how to trade and charts full of indicators, within months he's read PIE and others then opened a website and is seen as some 'master' trader. The Quasimodo trade is a classic example of a trade type he just repackaged, it was published by nobrainertrades in 2009 (google it) maybe others before?

When people have questions about his charts or who want help, his answers were always cryptic or no use whatsoever (wonder why?).

Why do his videos always have charts from Forex Tester? Could it be because he would then already know what price is going to do? He then places miraculous trades which just happen to be exactly where price turns. This guy is like Yuri Geller.

And what's all this 'I'm not a trader, I don't trade' nonsense, there's a video where (using forex tester of course) he makes a 40:1 trade, which of course he says he took, but no actual proof of it.

He's always professing to have this 'big secret' about institutions and what they're doing, but of course can't say anything because it would be the end of the forex markets. He also makes out the banks and funds are out to trap you in the markets, they're manipulating them and robbing you etc. They are traders, they're doing what they're paid to do as are their algorithms, they don't give a monkeys about retail traders.

So he finally has this so called tantrum and shuts RTM down, gets all the fish on the hook and bam! Oh go on then I'll re open it, but you're going to have to pay pay pay.

Is he clever? deluded? certainly an egotist, whatever, all his followers have obviously made up their minds and see him as someone to guide them into the light and save their failing accounts.

RTM is now a offshore company (Seychelles)

Doing his best to hide the company details and how much he'll be raking in from the 875 Euros per year he's now charging.

Gone for a year and the site has morphed into a paywall. I was a little surprised then remembered how angry I was the first time he started charging for the "academy" and how they then convinced me that all was well again since the rest of it was "freely available". Now we see the end result. From his thread, before I was permabanned I got a few good words in:

If it's too good to be true, it probably is. Have had lots of other people contacting me as a result of my posts telling me their stories including high ranking former members.

'It's a maintenance fee' Thousands of Euros going to offshore accounts - I don't think so

"It will be run by the members" They're paying to teach themselves then? And they want to work in finance?

"I really should start running a marketing company" You already do, you're a marketeer, nothing else

"I think the best way to beat the market is to ignore it" Yes, and get loads of suckers to pay you, for what exactly?

"I cant enjoy profiting from entries at the stops of my fellow man" No need when you're getting money for nothing, so don't worry about that

"We're considering running friendly competitions between the groups, to keep track of progress, and maybe find groups to trade the fund" Is this like the other fund, the one where you were going to publish results, but didn't, said it was still running when in essence it looked as if it might have been closed down?

"We have a few groups working together in different trading rooms, run by them I'm enjoying watching their work" Not as much as counting the money they've paid you for the honour.

For someone who's so anti establishment, anti capitalist and anti big banks he has a very strange agenda, companies offshore, no transparency.

Due diligence

"I think the best way to beat the market is to ignore it" Yes, and get loads of suckers to pay you, for what exactly?

"I cant enjoy profiting from entries at the stops of my fellow man" No need when you're getting money for nothing, so don't worry about that

Lol classic Ifmyante bullshit.

I completely agree. RTM had some good info, but it's all been repackaged from elsewhere and cryptic terminology added to make the whole thing as arcane as possible. He admitted in at least one post that he was not a profitable trader himself, but maintained that "his" ideas were still worth paying for. As stated above, if you ever asked a question his answer would be totally indecipherable because in truth he didn't know the answer so had to keep it vague. None of his promises about proof ever came to fruition and graduates from his 10,000 euro course felt ripped off. He is not an honest person, nor a profitable trader and for someone who claims to be anti-establishment his corrupt behaviour is extremely hypocritical.

If knows that the concepts he's teaching are very powerful so this is how he justifies his actions to himself. These concepts can be found either for free or cheaper elsewhere and from people who implement them on a daily basis. As stated above: Due diligence. Don't give money to people who claim how to make you rich unless you've got a damn good reason to do so.

I'm the teacher there, and have hardly traded at all over the last year, as I'm sure you can imagine .
I hope, however, that my students get good enough to trade the fund we're gathering, in which case all of their trades will be audited and published.

Were they audited and published? Didn't think so

I'll be trading the fund too when I have time, but really I reckon the graduates' results will be the test of whether the course works or not
In any case, the academy won't be enrolling students until it's proven to work; I want the traders, not the enrolment fees!

No, you want their annual 'maintanance' fees

Pretty soon I'll be trading the fund full time for a while. During this time all my trades will be audited and published.

Did it happen, I think you know the answer

I thought I couldn't post in that worm's thread because I'm a commercial member. But that's not the case!
I simply can't post there because he's blocked me from posting there.
Only a coward and despot blocks the right to reply

Yes, you've blocked many people, even the ones with legitimate questions

As you know, I'm adamant about taking over the planet from the banks, and making the World a not-for-profit place

The world except for yourself, naturally

He was not

So it continues, a new 'fund', the unwary will get what they deserve by getting involved. No doubt there will be disclaimers aplenty to cover himself, whilst the investors will be wide open, and the money will be offshore and untouchable.

If he is so good why does he need other peoples money? This type of thing has gone on for years because there's a sucker born every minute.

Never thought I'd post here but the great pretender IF has blocked me from posting on RTM for telling the truth before I could respond to his post. What a fucking child.

My response to the great pretender. IF

I think you're being seriously disingenuous.

I think you've taken the piss out of FF and the people who helped you.

I repackage absolutely nothing! Has Porsche simply repackaged the Model T?!
Some of my material may have its origins in simple patterns, but I invite you to prove that my take on it has been previously published.
As for Supply/Demand: We teach that it's set up to take your money, and we don't work with it at all (but you already knew that, and decided to tell an untruth)

I invite you to actually prove you can trade before selling your product.

About business: If I were treating this like a business, I wouldn't be charging so little for it. This is a very niche market, and any instructor would be lucky to get five students per month.

Your charging makes it a business as well you know and you've already done the sums. You couldn't get away with charging 10k so you dropped the price.

Now, do you think that three families in the West can live off 625 per month between them?

What??

I charge less for my material than others who've translated it charge.

If you think about it, you'll feel like a troll for what you've said. I certainly see you as one now

You blocked me before I could respond so I now see you as a scam artist fishing for talent because you have a character flaw that prevents you from trading. You are a delusional person who sees himself as the savior of the plant and a gifted trader yet you refuse to step up and prove it, you've also posted many times how skint you are so in my eyes you shouldn't be selling anything.

He said, Only a coward and despot blocks the right to reply

Only the stupid are allowed on his thread in his brave new world.

So the great pretender has spat the dummy once again and resorted to name calling and blocking more people who's only crime it was to put up a chart. Apparently nobody is allowed to put up anything of any value on the RTM thread which maybe educational or helpful to aspiring traders. Why? because the "entitled" one needs payment, forgetting that FF is not his site. The arrogance astounds.

I don't doubt the method works because I use it, that's not my argument, my point is someone is selling something created on the back of others and refuses to prove he can trade but wants money from you. Worse people are spending time trying to figure out the method but his disciples have been told not to help or put anything on the thread that he "thinks" is his. FF is a place for sharing and learning, what RTM are doing is wrong, they are allowing people to get confused and lose money in the hope they sign their lives away.
Which leads me to what I think they'er really up to, some great traders like Merch and Kovalenko came through the early days of RTM and thats the type they are looking for. Like the music industry they get you to sign the dotted line in the hope your going to be a star, if you're not who cares, they got payed when you signed to be a student, if you are great you're tied to them.

So how does the market work? well supply and demand was first explained to me by a man who actually worked in the industry and actually trades. It is worth listening to his story about where orders are waiting, if you haven't already.

https://www.youtube.com/watch?v=uX6TUrTxD7U&t=1461s&list=WL&index=114

You will notice a lot of the RTM style in these vids that the great pretender claims to be his own workings.

https://www.youtube.com/watch?v=rzch9xbWLxQ&list=PL2AkZg2iAqYQuGiFTJzRfaCkSBzPGFYV6&index=2

I may do a chart a day in the spirit of traders helping traders. (for the next 2 weeks )
If there is a specific chart anybody wants just ask.

"Where SS lets off is where RTM begins. And let me say this once again: We do not use Supply/Demand, and teach not to use it!
Supply/Demand is just another trap designed to make retailers lose."

Yet the name of your thread is.

ReadtheMarket - Supply and Demand with Price Action

You couldn't make it up. Please, stop with the bullshit. I'm done with the drama just charts from me now.

I abhor the commercial section. A bunch of money-grubbers via fees for access to their precious unproven methods and not a single one of them willing to provide one shred of evidence that what they sale works for even themselves. RTM and James 16 are probably in the top 5 of scammers in the commercial section. IF doesn't need to prove anything because IF is loading up the wheel barrow with cash from hopeful individuals scraping up what they can to pay for info beyond the pay-wall at RTM. This is the nature of these individuals. They find out quite quickly that there is money selling a hyped up method. IF has hijacked supply and demand which was popularized by Redsword 11 and distorted it into a web of acronyms and price patterns not understandable by most and then for an unaffordable fee offers to make it understandable. Yet have any of the individuals who have paid these fees over the past few or so years been able to demonstrate their profitability. No. None. And there won't ever be any. It seems there is some sort of fund that was announced. If the fund is legit it should be published publicly and available to all. What's the chance of that? Make no mistake if such a fund exists there is only one individual that will benefit. You guessed it. The infamous Ifmyante.

By the way Ifmyante. You are not on my ignore list as I am on yours. Don't be a coward. Release me and all those individuals on your ignore list and have the courage to respond to them. But you won't because your RTM site on the commercial section is a portal and you must suppress negativity and opposition as much as possible to tractor beam $$$ to your website.

Don't know how many times I have to say this I USE THIS METHOD read post #15 to understand my concerns because once again IF deflected from ALL my points and tried to make out I'm against the method, I'm not, I'm concerned about what these guys are up to. This is starting to smell like a "Jacko" situation all over again, he too built up a reputation and stung a lot of people, just a polite warning. New thread on the way FREE




Will monitor exit as it's Friday


PS the comment is not directed at you Winston, don't want to start that again.