Complaint Review:
TRADERS INTERNATIONAL
TRADERS INTERNATIONAL CEO Lachlan Elsworth the biggest liar . TRADERS INTERNATIONAL - DISHONEST & MISLEADING Dishonest, Misleading, Australia Internet
I have witnessed unfounded and inappropriate
presentations by LACHLAN ELSWORTH of Traders International quoting we are
achieving up to 600% ROI each month and this is done live in our trading rooms
but has no/is showing no hard evidence (i.e. trade screen shots and individual
trading account) to backup these returns which remain unproven. Instead,
sucking in the uneducated prospects with misleading impressions and unrealistic
expectations during his webinars to leads and prospects.
Lachlans comments
constantly gives the impression that every trade will meet at least 10ticks/10%
every time, is false advertising. Every trade screen shot shown by Lachlan is
selective and not consistent and he avoids showing trade screenshots where all
the rules were met but the trade did not work. Lachlan indirectly hypes that
there will be runner opportunities every day on every trend switch which the
Traders International signals will be able to get every time, is more
unsubstantiated hype.
He is not being 100% honest upfront from a speaker point
of view by not showing visually the winners and losers, which are both sides
and the true realities to trading. Also, Lachlan continually avoids/never shows
his own personal trade screen shots and his own personal live trading account,
which alleges he does not trade his own money at all the way he teaches not
walk the talk. Traders International are only analysts and only marketers who
sell indicator-based systems using hyped returns but provide no hard evidence
to backup their returns that they claim they are getting in their trading
rooms.
They use facebook/twitter to market what other traders are saying but
they avoid/never talk about their own individual trading - because it does not
exist. I personally have asked the hard questions with numerous emails/phone
calls to the Traders International office and to Lachlan Elsworth - which keep
getting ignored and they don't return phone calls. The CEO Afshin (who makes no
time for his members), Lachlan Elsworth (who is inconsistent and contradicts
himself with bad advice/double-standards about general info and trading
methodologies during/between his webinar presentations) and the staff at
Traders International do not all trade.
They collate, use and steal ideas and
screen shots from their members (including myself) and other traders who email
them screenshots, see what's working at the time, and then come up with systems
and they take the credit for it. Also, Traders International will not coach you
personally on technicals unless you fork out more money to their trading room
subscription - I use to be in their trading rooms in the past, it is of poor
quality and the moderators are not consistent with themselves and not
consistent with each other.
The moderators live trade using a test account
(i.e. the company's money), however, none of them trade with their own personal
money in the trading rooms on what they teach. All indicators lag and there is
no consistency in profit returns over the long term when trading off indicators
I know this because I have been backtesting for over five years trying all
sorts of indicators. Price action alone is king when you know how to read
price action only then you will start to trade successfully and will never
need to use any indicators ever again! Stay away from Traders International
their explanation of trading methodologies