Complaint Review: Edge Traders Trading Zoo Are 1 In The Same. - Marlboro New Jersey

Just about everything about Sam Baum (Edan Aharony) posted on these scam sites has a great deal of truth, yet they are also one sided.  Yes, the original tradingzoo system was overly risky and all counter-trend.  Yes the owner conned people into investing $100,000 into a fund which he blew out in 2 trades.

Now with that said, here's the other side of the coin.  Sam Baum taught us how to truly read into the market, particularly the e-mini,but all of what we learned can be used successfully in ay market, including Forex if desired

I am  Scott Muller, former student and the new owner of Trading-Zoo.com and I wish for you to come use the free trial to see how when modified, this system provided me with 6 years of 7 figure annual income.

All former Zoo members are allowed in for free.

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Hopefully I will not be accused of being Barry/Kelski by posting this but I was directed to this site by a friend that was invested in Sam/Edan/MP's fund and they lost a fair bit of money, quite a fair bit indeed. I am sure Edan will know who I am and I have no issue with posting my name if that matters to anybody, I own a trading forum which I will not post here as I am not looking for publicity. I say that only so that Edan and Barry and anyone else involved in this is aware of who I am and they can contact me there directly if they so wish. My take is as follows, I should also point out that I have paid the 6k to be taught by Edan, and I can honestly say that I do NOT trade using the methods he teaches. I found that most of the time in the room it was impossible to take trades that he called as far too often he said the price he got after filled so the price usually had moved away so it would have been hard to impossible to get the same fill. Or he would use his famous "mental stops" meaning while anyone else in the world would be closing out and taking the hit he would be adding contracts, a really rookie move, which surprised me how often he did it. The only thing that was totally original about he course was the funny names he gave the setups calling them animal names etc, the truth is that many of the trade setups are very old and very well know chart patterns that can be found for free all over the net. I will also note that anytime somebody asked for Edan to explain how he read the tape on a given trade it was more often than not met with "it's hard to really explain" but followed but a bunch of words that although formed in sentences really made no sense to me. I have to say that I did take some new ideas away from the course but I did not and do not trade using the methods shown as I was not comfortable with a totally counter trend trading method it really is catching the proverbial falling knife. Something that really sticks out for me though is the fake names, and the lack of trading statements. Why all the names? Why not use the real given name, I have asked Edan this myself in private and I was less than impressed with the answer, but maybe others would think it made sense. All of this could have been cleared up instantly if Sam/Edan/MP would just cough up the trading records for the time period in question... I think it's very very safe to say that if somebody is going to open/run a trading fund they should be able to show at the very least a year or two of above average trading results in their own personal account.. and if they can not, they I am unsure how that qualifies them to teach anybody else how to trade?? The simple fact of the matter is there are far too many questions and not enough concrete answers about this whole issue and until they are cleared up I would think the smart money would be left in YOUR bank account and NOT paying 6300 for a course from a guy that has yet to prove he even trades live, forget successful or not.... Thanks for reading, good luck and do your DD on any and all trading material you buy.

How can you say with a straight face the fund has nothing to do with the room and vce versa? The central element between both entities is YOU. You are asking people to hand over $6300 to learn to trade the S&P e-minis and yet your certified track record of trading it is very poor to say the least. Aside from a very flawed strategy, you showed no discipline whatsoever with the fund. And yet you preach over and over again that a successful trader must be disciplined and that is part of your teaching. How can you claim you're such a great trader when the fund you managed performed so poorly? The most obvious question on all of our minds is why didn't you trade the fund like you allegedly traded in the room. Even if you traded similar (not exactly) to what you teach and posted on the Trading Zoo site, your fund results would have been much improved. All of us wonder whether you really traded 32 contracts in a real account or were just papertrading. Were you like Wizard of Oz, the small man behind the curtain? I think you should post your personal trading statements for the month of March 2008 so we can see if your were being honest or just putting on a show. Those who were in the fund can then compare your large loss as you've now admitted to and then see what the disconnect was when you recovered that loss in your own account and why fund clients didn't have that luxury. You can deny it all you want, but I see a trading blotter from the fund for the week ended March 15 that shows a 72% loss! These are serious issues that aren't going to go away and need to be addresses by you directly, Sam. If you want credibility, you have to earn it. Constantly hammering away at kelski who had nothing to do with your trading is a smokescreen that we can all see through.

The fund has nothing to do with room. The calls in the room have nothing to do with the fund. yet the only way you can bash me is by trying to connect the fund to the school, you are pathetic. You were never a member in the fund, Barry, and you asked me if the same trades called in the room are taken if the fund and I said no I have that email as well! The email you are talking about also states; there were $11k profits at the end of the week, but you chose to disregard that important information, you coward!

The fund has nothing to do with room. The calls in the room have nothing to do with the fund. yet the only way you can bash me is by trying to connect the fund to the school, you are pathetic. You were never a member in the fund, Barry, and you asked me if the same trades called in the room are taken if the fund and I said no I have that email as well! The email you are talking about also states; there were $11k profits at the end of the week, but you chose to disregard that important information, you coward!

The fund has nothing to do with room. The calls in the room have nothing to do with the fund. yet the only way you can bash me is by trying to connect the fund to the school, you are pathetic. You were never a member in the fund, Barry, and you asked me if the same trades called in the room are taken if the fund and I said no I have that email as well! The email you are talking about also states; there were $11k profits at the end of the week, but you chose to disregard that important information, you coward!

The fund has nothing to do with room. The calls in the room have nothing to do with the fund. yet the only way you can bash me is by trying to connect the fund to the school, you are pathetic. You were never a member in the fund, Barry, and you asked me if the same trades called in the room are taken if the fund and I said no I have that email as well! The email you are talking about also states; there were $11k profits at the end of the week, but you chose to disregard that important information, you coward!

Scam, you got to know when to fold em and know when to hold em, and now I advise you fold. YOU'RE BUSTED. The regulatory authorities are on your trail for a variety of infractions, the least of which is your deletion of the Performance History from the week of March 10 of the Trading Zoo website, in which you lost over $40,000 in a single day. Unfortunately, your fund clients couldn't erase that loss like you did. They sustained a 70% loss because of your horrible technique--trading with NO STOPS AND AVERAGING DOWN and total disregard of your fiduciary responsibilty to your clients. You did that to hide the truth and to continue to hoodwink prospective fund members that you don't how to trade when in fact you don't. Do you dare me to post the email you sent to kelski about it? Doesn't matter, it's been sent to the CFTC. You call this a hedge fund? It's a pisher account with less than $1MM from widows and orphans that you could care less if you grind them down to dust like you did to the poor members of your room when you touted you were "one of the best traders in the USA." "Scam I am, green eggs and ham"as Dr. Suess would say.

You post the NFA number yet you refuse to expose yourself as Barry Kellner with a clearly hidden agenda - to get even! I trade every day for a living, every day!!! in the room with my traders. How can you rebuke that? I'll tell you how, you'll spend some more time with you hideous brain of yours and come up with a different post under perhaps a different name trying to give yourself more credibility that way. Most of my clients are not my students - another lie of yours. Those results do not reflect the true performance as it is a aggregated amount of a starting balance for the month and an ending balance for the month. I'm precluded of speaking about my fund in public. All I'd say is that you follow your lies to an exact pattern. Why do you go out of your way with this obsessive behavior? We got you, we got what you are trying to do...you are sick! My teachings have nothing to do with the fund. I'm sure you'll be very disappointed once we update the funds results. You wish you'd be half the trader I am. Up until 3 weeks ago you were cheering me in the room saying "I'm the best trader you've ever seen" Was that just a show to guests so you can collect your 20% fee out of every member??? What changed??? Well for once, you being fired obviously changed the way your brain is wired. Sam.

All the numbers posted are directly from the most current disclosure document on file with the NFA for Magnolia Capital Management LLC. NFA# 393458. If anyone wants a copy call Janet Varnagis at the NFA. Her number is (312) 781-1421 Sam, is tyring to tell us that he is a great teacher who knows how to make 2 points a day, but as a hedge fund manager, trading 800 contracts he is a total failure. Well, I agree with the last part as we can clearly see from the documents he submitted to the NFA. He just didn't lose a little of his clients money, he almost wiped them out BECAUSE HE REFUSED TO TRADE WITH STOPS AND AVERAGED DOWN. Every novice know you never do that, but here is good old Sam, trying to tell you he know how to teach and make you a professional trader! That's hilarious! You now what he's saying? It's like going to see a heart surgeon for a difficult operation and the doctor has a record of having patients die on the operating table. When you ask the doctor why so many of his patients die under his knife, he then says, "well when I was in medical school, none of the rats I operated on died." To you, those that he drools over taking $6300 are rats and his Magnolia clients (most of which were students in the room) were the humans. Financially, he killed them. If you're going to spend $6300 with this joker or any other vendor, don't you want to know they have a personal record of success trading? Of course you do. So remember, the only track record that's a matter of public record for Edan Ahaorny ("Sam') shows he loses a lot of money trading the S&P E-mini. That should be the beginning and end of your journey with him. But if you insist on giving him a chance to teach you, make sure you get at LEAST 6 MONTHS TRADING STATEMENTS FROM 3 OF HIS STUDENTS and 12 MONTHS FROM HIM. Don't fall for sales pitch of how great he "traded" in the weekly trial and you saw it with your own eyes BS. Hell, I saw a magician in Las Vegas make a huge elephant disappear on stage, but I don't think that's real and you shouldn't think Sam is either. Any person who had nothing to hide wouldn't be trying to vindicate himself here by blaming his troubles on an ex employee. C'mon Sam, accept responsibilty for your horrific trading in Magnolia and stop saying those numbers are lies. You provided them to the NFA, not your ex-employee.

If anyone had doubts whether this disgruntle person has a hidden agenda against us, well his true colors just showed up. Just read his other disguised posts here and you'll clearly see his hidden agenda. I thought you were posting here regarding our teachings yet you resort to the disgusting behavior you are engaging in ever since you were fired 3 weeks ago which by the way is when all these posts started to show up. He thinks he can hide behind different names pretending he is different people trying to picture a bad picture of me by using multiple persons where in essence it's just one person who got fired by me that is doing it. He is sick, spreading lies all over with a deep personal vendetta that I don't know where it's coming from. THE ONLY CONNECTION BETWEEN MY FUND AND MY TEACHINGS IS THE ONE YOU ARE TRYING TO MAKE! I don't mention the fund in our room nor do I teach about the methods that are being traded in the fund when you trade 800 contracts at a time the approach is completely different that say trading 50 contracts at a time. The results you posted are false and you know it.

If anyone had doubts whether this disgruntle person has a hidden agenda against us, well his true colors just showed up. Just read his other disguised posts here and you'll clearly see his hidden agenda. I thought you were posting here regarding our teachings yet you resort to the disgusting behavior you are engaging in ever since you were fired 3 weeks ago which by the way is when all these posts started to show up. He thinks he can hide behind different names pretending he is different people trying to picture a bad picture of me by using multiple persons where in essence it's just one person who got fired by me that is doing it. He is sick, spreading lies all over with a deep personal vendetta that I don't know where it's coming from. THE ONLY CONNECTION BETWEEN MY FUND AND MY TEACHINGS IS THE ONE YOU ARE TRYING TO MAKE! I don't mention the fund in our room nor do I teach about the methods that are being traded in the fund when you trade 800 contracts at a time the approach is completely different that say trading 50 contracts at a time. The results you posted are false and you know it.

If anyone had doubts whether this disgruntle person has a hidden agenda against us, well his true colors just showed up. Just read his other disguised posts here and you'll clearly see his hidden agenda. I thought you were posting here regarding our teachings yet you resort to the disgusting behavior you are engaging in ever since you were fired 3 weeks ago which by the way is when all these posts started to show up. He thinks he can hide behind different names pretending he is different people trying to picture a bad picture of me by using multiple persons where in essence it's just one person who got fired by me that is doing it. He is sick, spreading lies all over with a deep personal vendetta that I don't know where it's coming from. THE ONLY CONNECTION BETWEEN MY FUND AND MY TEACHINGS IS THE ONE YOU ARE TRYING TO MAKE! I don't mention the fund in our room nor do I teach about the methods that are being traded in the fund when you trade 800 contracts at a time the approach is completely different that say trading 50 contracts at a time. The results you posted are false and you know it.

Listen up people. This guy is a snake oil salesman. It should be obvious from his replies he's not very educated. Too bad for him, we're not as stupid as he is. Go to Elite Traders, Forums, Magnolia Capital and see for yourself what kind of trader he is. He has a wonderful track record of blowing out his clients' accounts. Look closely at those results. He trades with reckless abandon with no stops and wipes out customer accounts. If you have any doubt, ask the NFA for the latest copy of the Disclosure Document of Magnolia Capital Management LLC, which is the CTA for. If he can't trade profitably when he's getting paid to do so, what kind of education do you think you'll get from him? He wants your hard earned $6300 to teach you how to get 2-3 points a day and make $100K a year, but HE LOSSES MONEY FOR HIS CLIENTS, let alone make them $100K a year. He's used aliases (MP, Sam Baum) to hide his real name, Edan Aharony, and when he gets busted for his criminal activity, he'll probably move back to Israel to avoid prosecution here in the US. This guy is a real stinker and the CFTC has been asked to investigate him. I have no doubt they will nail him.

And if you're not that employee why won't you say your real name? Because you are! We have tagged your IP address in one of the forums when you were trying to bash us so we know it's you. and all you do is spreading lies about us to satisfy your sick vindictive needs for being let go, is your ego so large that you just can't move on with your life? Everything you said here is untrue, not a single thing!. We use price action, tape,we don't catch falling knifes. If you don't know what you are doing it might seem like that but our trades are spot on with a very high probability. If you were concentrating on learning what I have to offer instead of spending your time and energy on deceitful marketing tactics when you were a free lancer for us maybe you too would have been able to trade profitably, but since day 1 since you joined us all you wanted is to get a 20% kick back from every person who signed up with us, maybe because you've made up you mind you'll never be a pro traded and that's fine but don't spread those lies about us please. Sam.

LOL, I feel the administrators at the Rip off report know me by now. I guess you just added your name to the list now your name is Joe from Dallas yesterday you called yourself Scambum 2 days ago you called yourself TraderJ 3 days ago you called yourself Mastapredata, 4 days ago you called yourself Frank from California in this rate you are going to run out of names For 6 years that we've been in business we haven't had a single negative post all of a sudden you are being let go, and your vindictive nature wildly comes out. This is sickening obsession. MOVE ON Your name is Barry Kellner, a free lancer we used to employ in our company. The truth be told that I have fired a disgruntle employee, a washed out trader in his 50's who still lives in a rented apartment in Queens, who joined our room in 2007. He in turn came back to me with an offer that he can get people to come and sample our methods and in return he'll get 20% out of everyone who signes up, I guess he couldn't trade for a living so he wanted to find a different source of income, well as it turned out his idea of getting people to sample our course is to go to trading forums and disguise himself as a regular Joe who is 'just trowing our company's name out there' to entice the curiosity of the bloggers, I didn't know about his shameful acts and when I found out I put a stop to it right away. After that he had no other way of bringing in people and the relationship became strenuous. Well 2 and a half weeks ago I put an end to our relationship with a thank you letter and a check of $2400. He cashed the check and then a day after started his sick twisted vendetta crusade after me. He is a liar and all he does is looking for ways to try and embellish my reputation. He is the one who comes out with all this posts. We have a proprietary system with proprietary set ups you can see me trade everyday live. I charge $6300 to teach a trader how to make 2 to 3 points a day given the fact I think it's cheep if you can learn to make $100,000 a year and much more. He has no integrity because even though he signed a confidential agreement he still try and go on various forums and embellish us lying about the way we teach and so forth. He is being sued by us for defamation and tortuous interference. He is a no good human being and you can see his malicious intent. Move on with your life. Let the truth be told, Sam.