Winvesting trading room is moderated by a trader with very little trading experience, no understanding of real world economics, no published track record, unwilling to release account statements that verify trading performance. It appears that the Winvesting website is just a lead generating website with no real substance, legitimacy, or track record of turning students into proficient traders.
Today’s review is Winvesting, a day trading room, moderated by Ted Posobiec
What is Winvesting.com? Winvesting.com is actually one of two related websites that are registered to, managed and owned by a person named Dan Braun. Both sites are primarily lead funnel websites that are primarily used to market products via email marketing. The websites are relatively new and jumped into the trading educational scene back in 2014. The related sites are Winvesting.com and InvestToSuccess.com.
There is no information available on Dan Braun. He used to post articles on his Invest To Success website, but has since removed any reference to his name from either of the websites. Scrubbing his name from both websites, I found peculiar and a bit unsettling. What is Dan attempting to do? Quite simply, he is attempting to build out traffic generating websites and then plug in various trading educators. The trading educators pay Dan a fee to be listed on his website. A quick look on Archive.org shows that Dan was at one time promoting a day trader by the name of John Ondercin, but apparently John Ondercin got exposed for being a fraud and his name was quickly scrubbed.
When taking a closer look at the Winvesting website, you will notice that the website is full of ancillary topics that have a fringe relationship to trading. For instance, there is an article about how to talk to your kids about money, another article about leadership qualities, another about Christmas mishaps and how to avoid them. Its all pretty weird how all of these random blog articles are prominently displayed on what would be considered a trading website. My personal opinion is that Dan is hiring freelance, contract writers to write blog articles about various topics relating to personal finance and personal achievement. He is attempting to harness internet traffic related to trading and investing. The end game is to get the prospect into one of the trading rooms, and then attempt to sell the product. Its an odd strategy because people that visit his website are primarily focused on how to trade successfully, and not how to talk to children about money.
Is his traffic strategy working? A quick search using SEM Rush search analytic’s shows that he has only been able to rank about 10 keywords, none related to his primary product. Some of you reading this might find this information off topic or non relevant, however I disagree because how a trading vendor raises awareness and markets his product gives a clue as to how he conducts himself when nobody is looking. Some vendors use incredibly shady, and use black hat promotional techniques meant to trick google into sending traffic. These players will also typically also offer shady trading products. I have observed that there is a tight correlation between dubious promotional methods and fraudulent trading products. Dan is attempting an interesting strategy for sure, his primary focus appears on building an email list to market related products through cross channels. Not particularly shady, but it certainly is not working very well. Lets stop talking about boring marketing stuff and talk about the trading room.
The Trading Room Experience
There are actually two trading rooms. The Trend Trading Room moderated by Matt Bowen, and the E-mini Insider trading room moderated by Ted Posobeic. Both of these rooms are featured under the “Winners Circle” header and are the featured products for the Winvesting website. It appears that both Matt Bowen and Ted Posobeic are “renting” this section of the Winvesting website. Both are looking to convert the traffic from the live trading room into paying subscribers. Lets now talk about what I discovered inside of the E-mini Insider Trading Room.
In total, I recorded a total of 10 hours of video for the trading room. The trading room typically lasts 2 hours each day. Everyday Ted Posobeic would enter the room and with a pleasant and simple voice, would start talking about the markets. For the five days that I recorded the live trading sessions, he began the day just sort of saying hello to everyone and then he would start shuffling through his Ninja charts. It was all pretty random. He didn’t appear to have much of a plan for the day. He is the very opposite of a fast talking hustler. As nice and simple as a person he seems, he also seemed a little too simple, maybe even a bit slow intellectually. It became evident to me relatively quickly that Ted is certainly not a seasoned market pro. If a person asked him a question about a pending economic report that had a market moving potential, he would have to quickly jump to Forex Factory and find out what the person was asking about. I did a bit of research on Ted Posobeic, and it appears that up until a couple of years ago, he worked on an oil rig. Tough, gritty work for hard men. Again, not a bad guy or a fast talker. But he seems a little bit lost, or out of his league. I have spent hundreds of hours watching trading room moderators, and I can spot the sharpies pretty quick. Ted is no sharpie.
No Performance Disclosure
One of the things I found annoying about Ted Posobeic and WinInvesting is that there is no performance disclosure. I love to see a spreadsheet of trades, most often the spreadsheet is pure nonsense. But I still like to see one because it gives me something extra to scrutinize. Since there was no performance disclosure, all I had to go on was sitting and watching the tape of each days trading session. Once again, I sat through a complete week of trading and recorded a bit over 10 hours of live trading.
The Real Performance
There pretty much is no real results. On some days, for whatever reason, Ted would trade on his live Ninja account. But then just as likely he would switch to SIM and begin calling trades over the screen. Other times, he wouldn’t even use the SIM, he would just say what he was going to do. But the key takeaway is that he really had no plan for his trading, regardless of whether he was trading real, SIM, or voice command. He was perpetually just flying by the seat of his pants. One minute he would be bullish based upon a moving average, and then for whatever reason he would flip to bearish because of a perceived break in a trend line. He was truly a man without a plan. At times I felt a bit sorry for him because the market would start moving fast and he was like a deer staring at a headlamp. One second he would say that he was going long and make no mention of a stop or profit target, and then a few seconds later he would say that the market is making him dizzy and he had to get out. The entire week that I watched him trade, I couldn’t help but feel like I was watching a complete newbie struggle through this experience of attempting to trade, while be a creative orator and keeping the trading room audience engaged.
Let there be no mistake. Talking for two hours in a trading room is certainly not easy. Its public speaking. And Ted is no public speaker. He is a sort of shy, blue collar sort of dude. Not a bad guy. But certainly not the leader of a trading room, attempting to guide the audience to a daily profit. He is more than likely just a guy with a few thousand dollars in a trading account, like the rest of us, attempting to turn a little bit of money into a big pile of money. Its probably been a little more difficult than planned, and thought he would give this trading guru/trading room thingy a try.
Of course, I want to give Ted the benefit of the doubt because he is no “Great Communicator” or George Soros. I thought that perhaps if he can show me some account statements then this would be the lemons I would use the to make the lemonade. However, my requests to verify real trades with account statements were simply ignored. The silence from Ted was the clincher.
Another thing….when Ted is trading with a live, real money account, he is only trading a single lot. And his trades were always for just a few ticks. I have seen enough of these trading rooms to know that Ted is not making any sort of real money with this trading gig. A few ticks here and there is not what most of us are after. We are looking for a full time income, not an extra $50 a week. Ted is definitely playing small ball.
For those of you that are curious what a typical trade from Ted looks like, I snipped out a trade from my 10 hour video archive. Its a winning trade! But that is not what is important, what is important is how he executes the trade for the audience. You really should watch it, and then ask yourself it this is something that you can execute yourself.
Wrapping Things Up
I probably spent half of this review just talking about the promotional aspect of how these trading rooms are marketed and sold on the internet. In many ways, the marketing and hustling of traffic is more interesting than the actual trading products. I think many of you would be surprised to learn that there are professional internet marketers that move from trader to trader. They promote a guy on the internet and then they blow up his reputation, and then they move onto the next guy and blow up the next guys reputation. All the while, the customers are never aware of the hand that is moving the string. I am now spending a great deal more time watching the promoters, as well as the trading room vendors.
Well, that’s if for today. Another crummy trading room. But at least you didn’t have to spend a week in this trading room to discover that its a worthless waste of time. You got to read this poorly written, 15 minute article instead, and save yourself a bit of frustration.
I know a lot of my readers are frustrated that I have not found more and better, verified vendors in a shorter period of time. But the truth is that there are simply not that many to be had. Sorry to be such a bummer tonight. Don’t forget to leave your comments below. Even the haters will find that their voices are heard.