In my opinion, this trading method is not consistently profitable and no way near the 80% success ratio that's advertised on the homepage. There is absolutely no data to prove this grossly overstated claim. If there is, I haven't seen it and if you ask for it, you'll get a wishy-washy answer.
The testimonials were written by old members of Trading Zoo. "Sam, " whose real name is Edan Aharony, a registered CTA with the NFA, took the liberty without permission to change the words in those testimonials from "Trading Zoo" to "Edge Traders" and his name from "MP" to "Sam Baum." This is a violation of CFTC rules and regulations. As people learn about this and complain, he takes down their testimonial.
The trading setups are exactly the same as Trading Zoo. There are no differences except for their names. Zooline is now Edgeline; Zoomap is now Edgemap and so on. It's the same old wine in a brand new bottle. Fancy names for head and shoulders, double tops/bottoms, double pipes and so on. Unfortunately, the setups don't work consistently enough to make a good profit, let alone a living to replace a real job. Unfortunately, it took me a year and a lot of lost money to find this out. When I tried to explain to Edan that I was trading the setups exactly as he taught them, he riduculed me in the room and said, the reason I wasn't successful was "I didn't think like him." Well, he didn't teach us how to think like him and the idea that anyone can think like a total stranger on the Internet is an insult to one's intelligence, but I guess it's as good an excuse anything to coverup the facts the setups are weak, old and available for a lot less money in a number of books on charts patterns and technical analysis.
Don't be swayed by the psuedo psychological pep talks Edan has on his site and gives in the free trial. It's all Tony Robbins infomercial type BS. And don't believe the hype and lies. This method uses multiple timeframes and a few indicators, both of which Edan sells to further line his pockets.
Save yourself the $6300 and buy a few books on chart patterns for $50 instead. You'll learn the same things with a lot less heartache.
Also check out these links to learn more about this operation.
TraderJ
hamburg
Netherlands
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