Description
Trading system, chart reading class and “mentorship program” for technical trading in major markets.
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Rating: 2.1/5. From 28 votes.
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1.9
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I would run a 100 miles from this guy, I have tried a lot of services some good, some okay and some not so good. He does not fit in any of the categories. His 9 ace system is overnight highs/lows, daily highs/low and trendlines breaks. Stay away from this guy, main reason why he charges a premium price up front, is he know he can sucker people in and then he does care afters, there are no refunds. You don’t know who the guys is by name.
It’s nine keys not nine aces. If you’re going to criticize at least be accurate. If his system is so terrible why are there many lifetime members who’ve been in the room for many years, hmm? And that includes former floor traders.
Just curious as I’m considering signing up. How do you know how many Lifetime members are with ACE?
when you are in the live room, count how many people are online with you. He lives in Canada closer to Detroit. His “live trade room show” is delayed for the re-broadcast into the “LIVE” video feed. He does not show real-time live market charts. But if you don’t understand his overnight trading levels and his daily swing level trades or his auction market theory, then you could lose your money. He always tells “viewers” to place a stop, just in case he is wrong about the market direction or next level.. And sometimes he is wrong…. but daily averaging… Read More »
lol are you serious? I”m a lifetimer with Ace… You’ve drummed up quite the scenario with not showing a live chart and rebroadcasting or whatever. I’ve been using the method for years and love the live trading room every morning… from 7:30 till 930 is all we need, yes…
When your ready to join me and the fella’s for some real meat and potatoes as Ace would say then i’m sure we’d be happy to have you…. But on the other hand your ego’s probably too big you won’t have the patience it takes to win… stay broke my friend.
No good on the Asian session. Losing daily.
He is a fraud.He does not even trade real money.
He makes his money on selling subscriptions. If he traded his calls he would be broke.
His 9 Aces seem to be OK as most, if not all, have been around for years. However, he runs a live session every morning. I have seen some fantastic calls. And I have seen some real bummers. His vocal calls can be very misleading. I could go into detail here, but it would be to long. Suffice it to say I paid $3,500 for 6 months (non-refundable) and proceeded to lose over $10,000.
Is it possible to file a claim against him to get our money back for this fraudulent system that he’s selling?
He teaches people how to trade by understanding what the large players in the market are doing and understanding their footprints. This isn’t an approach that people are used to and it takes time to thoroughly understand it, and that may be beyond the abilities of some who are used to relying on indicators as it requires considerable un-learning. Most of the calls are accurate as well as are the price targets when given. He’s not 100% but nobody is.
Thinking of Joining Ace trades but after reading the comments I’m gun shy! In the 3 day webinar, he seems to pick the entry and targets well, although probably never get in or out where he does. Anybody in the course or previously was in to please help me, Is it worth it? do you really learn the 9 keys so you can trade yourself, and is it different than just normal support resistance lines? thanks so much!
I been invited to a couple of his live webinars, and I’m still undecided whether to join the service or not.
So I am getting ready to join. My friend joined a few months ago, and is currently on his 38th straight day of profits, averaging $262.50 with 3 lots. Ace is legit, but only if you are willing to re learn how to see and trade the market. My friend has shown me the trades he has taken, with many of them placed well in advance. Some may call him a scam, but personally, I believe. Will check back with you all in a month to let you know how I am doing.
Cheers
I’m glad I read your review of ACE TRADES. I am retiring in January and was going to join but after reading some comments on Stock Gum Shoe now I”m a little bit scared to shell out his fee to subscribe to his service. It seems like he calls the Support and Resistance lines very accurate but I am a beginner and could be wrong. I have read that it is actually learn in the training room LIVE as you trade because the videos he supply’s actually don’t have instructions so I guess you have to read between the lines… Read More »
Any update? I going to the 3 day training but I do not understand his reasoning yet.
Hey Traders, I’ve been with Ace Trades a few years now. I’m happy with the service, one of my favorite things is being in the room with other traders. Instead of rambling on about how great it is, I got this email from Ace Trades… not sure if they want me to post it but it’s what i’m apart of every day. These are what me and other trader post with results from the trading method we’ve learned… I’ll post more as they come into my inbox 07:49:07 {J4_Rexy} I caught most of that drop yesterday. I got on the… Read More »
Beware of investing you money with this Guy-he is correct about 50% of the time. This is about the same as a stopped clock- twice per day. The other 50% you lose starting out!. Plus you never know when to get out, so you lose again
Is there any written information on the Ace nine keys anywhere?
I sat in on some orientation successions but could not figure out how he could make two sell orders when things were happening quickly, two stop orders and two buy orders all within approximately a one minute period. He does everything in the training classes verbally with no form or entry filling out. I even commented about it expecting that some sort of information about possible canned software would be provided. Whoever was answering the questions that day just stated that I did not know what I was talking about and did not understand the situation.
Anyone who says they are making money off this guy is probably one of the paid flunkies that post miraculous profits every day in the room. Watch the youtube videos from years ago, watch who posted and who still posts, nobody lasts. Just like the posts here ” i’ll keep you updated” and nobody does. If you take his course and watch the youtube videos after each day you will see all the annomolies, probably why he no longer puts them up. Hey Pete whats your screen name at Acetrades?? Chris whats your friends screen name at AceTrades?? I have… Read More »
Well I have been following him for the past 6 months and he has not called a losing day. He does trade and showed proof the other day when his regular software was not working. That day he was up 4k. Its a very simple system that simply works. I have taken dozens of trading courses and every one that has helped me in my trading are the ones that people say is spammy and trash. If that is what you are saying then i am sorry for you because you are missing out on some good stuff. His course… Read More »
Hi Geddy, so can we hear about the returns that you’ve made in the past 6 months of “following” the man at ace trades?
It is not uncommon for me to pull at least 1k out of the market. Last week I had a day where I did 6k by lunch. And no I am not paid to say this. 🙂 Yes there are many scams out there like warrior trading and ross cameron who is a absolute fake. In all honesty I dont use his profit targets. I use his method for entries and then use fibonacci for exits. Watch one of his live trading days. Look very closely at where the lines are at compared to the futures ES chart and you… Read More »
I joined ace trades about 3months ago and I’m here to tell do not waste your money,all his teachings is basic charting 101 that’s it. He doesn’t teach anything during chat room session except what he called live from previous days, I mean yeah he can be funny at times but I didn’t join for humor I want to learn something I don’t want to hear how you are always right, also every time he calls out a trade its always late and most times doesn’t even tell you which market he’s calling bulls or bears so you better be… Read More »
Those traders who sell “Trading System” are usually those traders who took many trading courses and consistently lost money. Eventually they wised up and realized that the only way to make a consistent money in the market is to sell trading course or system. If their course or system was as good as they say it is, they would be too busy making money and then too busy spending it and having fun. They would not have time or interest selling their system to make more money. It is as simple as that!
Methods are HIGHLY subjective that are ultimately pretty basic charting concepts you can read about anywhere else online for free. Complete waste of money