Global Trade Room ***Update***
Emmett Moore February 13, 2016 Live Futures Trading Rooms, Trading Courses, Trading Mentors Thanks for reading today’s update Global Trade Room
This past September 5, 2015 I published a very critical review of Global Trade Room. If you read the original review, then you are aware that it was a really tough hit piece that was extremely critical. In particular, the lack of transparency, the claims of limit orders being filled without a DOM present on screen, and claims of $30k monthly profits with no losing months that I found to be highly questionable.
In addition to the outrageous claims of success, the trading room moderators: Could show me no proof, in the form of verifiable account statements that any trades were actually ever executed.
After the review was posted, there was a fire storm of comments and a lively debate ensued. Some folks that had purchased the program felt cheated, and yet other folks felt that the review was not fair. I am sure there is merit from all parties. Truth be told, you never really know if the comments and the people leaving those comments are telling the truth. . . . . .
However, I wanted to make note of where I personally made a mistake on this review. The owner of the company is Simon Joseph, a registered CTA was never allowed a rebuttal. During much of the review period, I was not able to collect much evidence as to his personal trading. Since my review was based upon his employees, it probably would of been a more fair and even handed review to include his side of the story. I would like to take a moment and apologize to Simon for not giving him the opportunity to provide some sort of rebuttal.
It is also important to note that the previous employees have since left the company . . . . . . (Actually they were let go) Since they have left the company, then perhaps it is not fair to continue to post an old review based upon the performance of individuals that are no longer affiliated with Global Trade Room.
In the past several months, I have developed a useful dialogue with Simon Joseph, as well as his new sales manager Mr. Scott Cooper. It has been refreshing to be able to air grievances, speak honestly and candidly, and attempt to form some sort of path forward that both repairs the damage done by the original review, as well as enlighten the audience on some much needed changes at Global Trade Room . . . . . .
It is of my personal opinion that Simon Joseph is making sincere efforts to provide a quality product, and provide a higher level of transparency to the trading community. For example, for the past several weeks, several current members have been sending me private messages indicating that Simon has been very transparent and the trading DOM has been present during all trading sessions. In addition to receiving more positive comments, Simon has also recently begun recording the trading sessions in their entirety and showing trades with the DOM present on the screen. What more can we ask for?
You can read the full story on Emmett’s site.