Complaint Review: Edge Traders Trading Zoo Sam Baum - Marlboro New Jersey

I thought your name is "Frank" and your sole purpose is to find about the Om novia thing??? I guess your name Scambum, TraderJ, Mastapredata or any other name you might call yourself for that matter because you are the disgruntle employee who's sole purpose it to try and get even with me for the fact I fired you. And you are the one who posted all the other posts in this forum. For 5 years since we've been in business - nothing - no posts what so ever. If you were to quit the job, then I can see your credibility in trying to expose me. But since you were fired and given your history of shameful behavior, in other forums, to the degree that you were banned from other forums for trying to do to other people what you are trying to do to me, than I'd say your credibility is 0, 'AHK' as you are called somewhere else Up to a week before you got fired you were telling people I'm the greatest trader you came across, what changed? you got fired? Can't I just move on without you? and can't you move on without trying to vindicate yourself? Are you that obsessed with haterate? that that is all you are consumed with? Edge Trader does not make any claims of profit or losses, it serves no purpose what so ever. we do however project our dom for everyone to see and they can make their judgment. Real trades, real money. Time frames have nothing to do with the method although there are easier ways of pinpointing our entries I do say that for getting at least 1 point out of every call we make, there is about 80% success ratio. and again no one has to take my word for it you can come in to our room and sample it for yourself I did ask for permission to post the testimonials and just like the fact that their membership was carried over to the new endeavor and wasn't terminated, I can assume that their testimonial still hold, after all they were written to me. But you, and you hanger for revenge, tried to turn it against me, calling people and enticing them to look at the fact I posted their testimonials saying "How dare he do it to you, look at what he is doing!!!" even though we put a disclaimer all the way at the bottom of the testimonials not to deceive anyone. And yes some people did fall for your dirty little vindictive tactics and did pull their testimonials, no big deal we still have plenty top show for. I know you want to turn it into an issue after all every little detail you try to scrutinize even to the point you were still a member in my room yet you disguised yourself to a guest and went out on some of the forums and said we trade fake money with a sim dom even though the dom shows clearly an account number...how low can you go??? when I had execution problems with the dom you said "only sim dom have execution problems like I reported", yet you saw a real dom infront of your eyes, didn't you? And then you had the audacity to ask me why I banned you from the room??? Go figure... this is the person I'm dealing with right now folks I do use an edge print and I disclose it in the orientation, its a variation of time and sale that is the only indicator I use throughout the day, we are tape readers, thus the little use of time frames, I SAY TAHT IN THE ORIENTATION but again you try and use it against me, a razor is a very low impact indicator I developed and in very rare cases I use it, I'd say it doesn't hold more than 2% of our trading methodology, although it is very reliable and I'm willing to share it with every member. You can also be a very good trader without that indicator and I say it in the free week trial as well so I'm not misleading if the indicator fires I let people know, how exactly am I deceiving? I'd been paying $24 per month to om novia plus credit card fees and other small fees that amounted to $26 per month, what happened I though you had spoken to om novia about us, I guess that was another lie of yours

Many people after they seperate from jobs or marriages or other things, no longer feel the need to protect the other party since that bond is broken. And there are even laws to protect whistle blowers from lawsuits. If what you say is true, and you have an ex employee who is unhappy, who now seeks to expose all of your sleazy and snake oil ways, that may hurt you, but it is a great thing for the trading community because now, information that was buried under the rug comes out and people wont get scammed like others did in the past. Instead of complaining about who is behind these posts, why not spend some energy on answering the list of critical remarks. As the owner, you have a unique opportunity to disprove this stuff but up to this point, you choose not to despite your many many posts. Constantly being evasive about serous allegations makes people bye default believe them to be true. No one is intereted in an ex whistle blowing employee--we are interested in answers to the lsit of questions that you are avoiding like the plague. You would have done better for yourself to not post here than write pages of pages of worthless diatribes about someone you once worked with. We know your pissed, so let's move on to reparing your reputation, starting with you answering the 7 questions listed below. 1) Were the performance results you posted on the Trading Zoo website real trades as you represented or paper trades? If real, post your statements to back them up. 2) Why did you delete the performance of the week of March 10, 2007? Did you have a $40,000+ loss on March 11? 3) Did any of your investors you put money into your so-called hedge fund, Magnolia Capital, during 2007 make a profit at year end? How is Magnolia doing in 2008? Please post results. 4) Did you get written permisson to change the testimonials from the Trading Zoo members so you could post them on Edge Traders website? If so, why did over 6 members ask you to take theirs down from the site? 5) Please provide any proof of your claim that Edge Traders system produces an '80% win ratio' as you claim on the website. 6) Why do you state in your soundbites on Edge Traders website that you use only one timeframe and no indicators, when, in truth, you use 3 timeframes (daily, 15 and 60 minute), and 2 indicators (EdgePrint aka Zoopulse and Razor aka Roach). 7) Did you tell your all your prospective members and students they would have to pay YOU a $26.00 monthly fee for Omnovia conference room that simply covered your cost directly from Omnovia? Please tell us what you actually pay to Omnovia on average per each member (not Guest) seat on a monthly basis.

Sorry to dissapoint you Sam, but I had a converstation with an Omnovia rep AND emails from from him. He will remain anonymous unless I am required by law to disclose it. Hw sent me your deal. Period. End of discussion. Sam admitted he marked up his cost from Omnovia and he claims he reported the profit on his taxes. BUT NOTICE HE NEVER APOLIGIZED TO HIS MEMBERS FOR LYING TO THEM. He charge $26 for something that got him $13 and he did nothing to add value for the upcharge. All the time telling each and every member that was his "cost" Again, he always get back to some old employee to keep our focus on the issue at hand. Bottom line: he is a liar and scoudrel who charged his sudents doulble what they should had paid if they sent the money to Omnoivia directly. I'm surpirised he didnt charge us to breath the air also Stay away from Edge Traders and its unscrupulous owner, Sam Baum. His students are now mulling over a class action lawsuit against him for fraud and theft over this Onovia deception which has been going on for years. And I forgot to mention he also charges student to use two of his indicators, the razor and edgepulse for $300 each.

In your previous post you've posted; "A conversation with Omnovia confirms he was getting a special low rate by prepaying which averaged anywhere between $10-$13 per person." You wrote 'I was getting". You don't know what rate I'm getting from OmNovia, now that I found out you never spoke to them about us to begin with, you generalize it as just another customer who's going to OmNovia. I don't know what customization they've given you and you don't know the kind of service we're getting. Look it's clear to see you are trying to get even for what happened between you and I. Like I said if you really wanted to let the truth be out there you wouldn't go out of your way to try and bash me like that, doubting whether I paid taxes on the income and put my wife and kids into the mix. You are a vindictive human being that is driven by revenge for the fact I fired you. Before you were let go which BTW was 2 and a half weeks ago you were telling people in the room I'm the best trader you've ever seen what happened since? Oh, let me guess you were fired so which person should we believe to?

Sam you need to drop your obsession with answering every post with a sob story about a former employee. NO ONE CARES, NO ONE BELIEVES YOU, and you're acting infantile. You know who I am and I never worked for you. You were supposed to work for me as a teacher but I guess you had bigger fish to fry with your fund clients and so us poor members suffered. Oh well. As I read your rebutall, I don't hear you denying my charges against you and the reason is clear. You are making money off the members after you swore youwere just "passing on your cost" to us. That is a lie and you know it, don't you. This is a copy of my email from Omnovia. I'm not smart enough to make this up. It is 100% accurate and truthful. "I checked Edge Traders and they prepay for their seats. Up to 50 seats unlimited use $14.30 per seat per month Up to 100 seats unlimited use $13.00 per seat per month If you also decided to use the 12-month prepay plan the above fees are reduced by 25%. If you have need for temporary extra capacity you can use buffer seats. Buffer seats are active for 1-day and cost $3.00 per day. Example: set the room for 60 unlimited seats and 20 buffer seats. You only pay for buffer seats when they are used." They said if I have a room with 50 or more seats, my cost would be between $10-$13 a seat, similar to Edge Traders. Look, you've been busted on this and the best thing sometimes is to simply come clean and admit it. Trying to get our attention off the topic isn't helping your credibility, which is already very low because you refuse to answer any allegation with substance or facts. Therefore, we are left with no choice but to assume the allegations leveled against you are true. I got news for you. Lying to your room members hoping they cannot get to the truth is a risky proposition and this time it blew up in your face. We are not total fools even though we gave you $6000 and have nothing to show for it. Fool us once, shame on you; fool us twice, shame on us. You're a lowlife snake oil hustler and there is no denying it. You lied to each and every one of your students to make a few extra bucks off us. And I bet you didn't even report the income to the IRS. How do you look at yourself each day in the mirror knowing you scammed us? Have you no integrity or conscience? Why don't you do the right thing and issue us a rebate for the markup you charged us for the conference room. That would be a step in the right direction. If we knew you were so hard up for cash, perhaps we could have taken up a collection for you. I guess raising a family of 4 kids with a wife that doesn't work is a burden, but you didn't have to lie and steal from your students to make ends meet. Shame on you.

Sam you need to drop your obsession with answering every post with a sob story about a former employee. NO ONE CARES, NO ONE BELIEVES YOU, and you're acting infantile. You know who I am and I never worked for you. You were supposed to work for me as a teacher but I guess you had bigger fish to fry with your fund clients and so us poor members suffered. Oh well. As I read your rebutall, I don't hear you denying my charges against you and the reason is clear. You are making money off the members after you swore youwere just "passing on your cost" to us. That is a lie and you know it, don't you. This is a copy of my email from Omnovia. I'm not smart enough to make this up. It is 100% accurate and truthful. "I checked Edge Traders and they prepay for their seats. Up to 50 seats unlimited use $14.30 per seat per month Up to 100 seats unlimited use $13.00 per seat per month If you also decided to use the 12-month prepay plan the above fees are reduced by 25%. If you have need for temporary extra capacity you can use buffer seats. Buffer seats are active for 1-day and cost $3.00 per day. Example: set the room for 60 unlimited seats and 20 buffer seats. You only pay for buffer seats when they are used." They said if I have a room with 50 or more seats, my cost would be between $10-$13 a seat, similar to Edge Traders. Look, you've been busted on this and the best thing sometimes is to simply come clean and admit it. Trying to get our attention off the topic isn't helping your credibility, which is already very low because you refuse to answer any allegation with substance or facts. Therefore, we are left with no choice but to assume the allegations leveled against you are true. I got news for you. Lying to your room members hoping they cannot get to the truth is a risky proposition and this time it blew up in your face. We are not total fools even though we gave you $6000 and have nothing to show for it. Fool us once, shame on you; fool us twice, shame on us. You're a lowlife snake oil hustler and there is no denying it. You lied to each and every one of your students to make a few extra bucks off us. And I bet you didn't even report the income to the IRS. How do you look at yourself each day in the mirror knowing you scammed us? Have you no integrity or conscience? Why don't you do the right thing and issue us a rebate for the markup you charged us for the conference room. That would be a step in the right direction. If we knew you were so hard up for cash, perhaps we could have taken up a collection for you. I guess raising a family of 4 kids with a wife that doesn't work is a burden, but you didn't have to lie and steal from your students to make ends meet. Shame on you.

Sam you need to drop your obsession with answering every post with a sob story about a former employee. NO ONE CARES, NO ONE BELIEVES YOU, and you're acting infantile. You know who I am and I never worked for you. You were supposed to work for me as a teacher but I guess you had bigger fish to fry with your fund clients and so us poor members suffered. Oh well. As I read your rebutall, I don't hear you denying my charges against you and the reason is clear. You are making money off the members after you swore youwere just "passing on your cost" to us. That is a lie and you know it, don't you. This is a copy of my email from Omnovia. I'm not smart enough to make this up. It is 100% accurate and truthful. "I checked Edge Traders and they prepay for their seats. Up to 50 seats unlimited use $14.30 per seat per month Up to 100 seats unlimited use $13.00 per seat per month If you also decided to use the 12-month prepay plan the above fees are reduced by 25%. If you have need for temporary extra capacity you can use buffer seats. Buffer seats are active for 1-day and cost $3.00 per day. Example: set the room for 60 unlimited seats and 20 buffer seats. You only pay for buffer seats when they are used." They said if I have a room with 50 or more seats, my cost would be between $10-$13 a seat, similar to Edge Traders. Look, you've been busted on this and the best thing sometimes is to simply come clean and admit it. Trying to get our attention off the topic isn't helping your credibility, which is already very low because you refuse to answer any allegation with substance or facts. Therefore, we are left with no choice but to assume the allegations leveled against you are true. I got news for you. Lying to your room members hoping they cannot get to the truth is a risky proposition and this time it blew up in your face. We are not total fools even though we gave you $6000 and have nothing to show for it. Fool us once, shame on you; fool us twice, shame on us. You're a lowlife snake oil hustler and there is no denying it. You lied to each and every one of your students to make a few extra bucks off us. And I bet you didn't even report the income to the IRS. How do you look at yourself each day in the mirror knowing you scammed us? Have you no integrity or conscience? Why don't you do the right thing and issue us a rebate for the markup you charged us for the conference room. That would be a step in the right direction. If we knew you were so hard up for cash, perhaps we could have taken up a collection for you. I guess raising a family of 4 kids with a wife that doesn't work is a burden, but you didn't have to lie and steal from your students to make ends meet. Shame on you.

Sam you need to drop your obsession with answering every post with a sob story about a former employee. NO ONE CARES, NO ONE BELIEVES YOU, and you're acting infantile. You know who I am and I never worked for you. You were supposed to work for me as a teacher but I guess you had bigger fish to fry with your fund clients and so us poor members suffered. Oh well. As I read your rebutall, I don't hear you denying my charges against you and the reason is clear. You are making money off the members after you swore youwere just "passing on your cost" to us. That is a lie and you know it, don't you. This is a copy of my email from Omnovia. I'm not smart enough to make this up. It is 100% accurate and truthful. "I checked Edge Traders and they prepay for their seats. Up to 50 seats unlimited use $14.30 per seat per month Up to 100 seats unlimited use $13.00 per seat per month If you also decided to use the 12-month prepay plan the above fees are reduced by 25%. If you have need for temporary extra capacity you can use buffer seats. Buffer seats are active for 1-day and cost $3.00 per day. Example: set the room for 60 unlimited seats and 20 buffer seats. You only pay for buffer seats when they are used." They said if I have a room with 50 or more seats, my cost would be between $10-$13 a seat, similar to Edge Traders. Look, you've been busted on this and the best thing sometimes is to simply come clean and admit it. Trying to get our attention off the topic isn't helping your credibility, which is already very low because you refuse to answer any allegation with substance or facts. Therefore, we are left with no choice but to assume the allegations leveled against you are true. I got news for you. Lying to your room members hoping they cannot get to the truth is a risky proposition and this time it blew up in your face. We are not total fools even though we gave you $6000 and have nothing to show for it. Fool us once, shame on you; fool us twice, shame on us. You're a lowlife snake oil hustler and there is no denying it. You lied to each and every one of your students to make a few extra bucks off us. And I bet you didn't even report the income to the IRS. How do you look at yourself each day in the mirror knowing you scammed us? Have you no integrity or conscience? Why don't you do the right thing and issue us a rebate for the markup you charged us for the conference room. That would be a step in the right direction. If we knew you were so hard up for cash, perhaps we could have taken up a collection for you. I guess raising a family of 4 kids with a wife that doesn't work is a burden, but you didn't have to lie and steal from your students to make ends meet. Shame on you.

I invite everybody reading this post to call OmNovia and see if they disclose any information regarding any of their clients not only us. I just called them as a regular Joe to see if they'll provide any information regarding a company, their response was "It is our policy to speak about invoices only to a verified administrator of the company" Truth be told you are a disgruntle employee who were fired by me and now obssesd with revenge trying to bash us in every way shape or form possible, changing names, signing up for diffent free email accounts so you can sign in to different forums and bash us to satisfy a sick twisted need for revenge. I just aread an article about bllies today saying that the Bully brains opporate differently than the normal brain, it gives the bully pleasure when he causes pain to others I guess that explain your relentless quest for posting lies on the internet virtually every 5 minuts you are obssesed with that. For 5 years since we've been in business - not a single bad post I fired you 2 and a half weeks ago ,,, now all of a sudden the I can't stop getting those sorry posts. You will never be a trader if all you do is looking to post negative posts on the internet. In fact you'll never amount to anything if all you do is waisting your time with negative behaviour and that explains why at 50's you are still living in a rented appartment somewhere in Queens and I'm not nocking you down for that I'm just giving you an advice DO SOMETHING MORE MINIGFUL WITH YOUR LIFE perhaps you'll be able to accomplish something with your life. Tkae it to heart and trully examine your life and see where you went wrong through your life...I know the answer.

Now you call yourself Frank? How low can someone get trying to make a point? It's beyond me. Changing your names back and forth with different emails.