Traders International review: DISHONEST & MISLEADING 1

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. Lachlan’s 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 Trader’s 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 trader’s 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 are continually confusing/contradicting and not consistent as individual moderators nor consistent between each other: this is usually first sign of people not walking the talk themselves when they change the rules/methodology specifics and contradict themselves on a weekly basis. There are better trading education companies out there who charge a lot less, are more consistent and disciplined in their trading methodologies, and also do not charge for access to their trading rooms - however you should never shadow trade from trades called by any trading room moderator - otherwise you will never become an independent trader.

I have been trading for over five years my own personal signal/system which is only price action based – with no indicators because all indicators lag and you should never/ever trade off indicators like Traders International do. Traders International combine indicators and price action to deliberately confuse their members so they can keep them in the trading room subscriptions longer (for revenue purposes) which is unethical. Stay away from trading education companies who try to sell you trading systems with indicators. I have watched Traders International for over five years continually change their indicator-based methodologies – and they use the rubbish excuse that they have to change because the dynamics of the market are always changing – what a crock – if you were price action only trading in last 5 years, you would never have had to change your methodology at all.

Traders International do not walk the talk. Do not believe the hype - ask the two most important questions you can ever ask anyone who makes bold statements about their returns and/or tries to sell you a product - Q1. do they actually personally trade what they preach? Q2. if they say yes, ask them to show you the evidence of all their trade’s screen shots and get them to show you (in black and white) their own personal trading account statements to confirm their so-called returns? If they do not show you this – walk away and save your hard earned money to learn from someone who actually does walk the talk and can show you the evidence to backup their hyped returns!

Also, if these so-called professional traders are that good – why are they putting all their energies in working 12-14 hours a day working a job at Traders International, with no time/energy left to personally trade themselves ? Be very careful listening to Lachlan Elsworth – he is only a very sweet talking marketer and full of ***/hype, who has never proven to his members and prospects that he actually walks the talk with his own personal money !