Traders Agency Review: The Joshua Martinez Scam
Today, we are analyzing Traders Agency which is a website that sells trading education through edu.tradersagency.com.
In addition to this, the website is selling its services using destinationtrades.com.
Both sites are owned and operated by Joshua Martinez.
What exactly does this dude offer?
He offers the following items:
- How to plan trades using technical analysis and pattern recognition knowledge
- Equity management
- Proven strategies
- 3 mysterious magic trading symbols ($27)
- Self-directed auto strategy for generating consistent results ($2997)
- TradingView quick start resources, futures trading lessons and NinjaTrader Tutorials (free of charge)
If you have questions, you can contact Joshua through 888-483-5161 or use the embedded contact form on the official website.
Also, Joshua claims his financial education course is made by real traders and has helped thousands of students.
Is Traders Agency legit?
Joshua Martinez of Tradersgency.com is a charlatan. This is the sad truth.
He in a creative internet marketer who claims to have mastered market analysis.
Another thing is that Joshua Martinez of Traders Agency is proclaiming to be a veteran with 10 years of experience in the financial markets.
He supposedly traded a $500 account and turned it to $39,000 in 2 years.
He also proclaims to have captured over 50k pips in 3 years of trading.
This is absolute baloney since no verifiable trading performance can be produced to prove the same.
The about us page also claims Joshua has trained thousands of traders. I was expecting reviews from at least hundreds of those students.
Unfortunately there is no feedback from these students except “testimonials” from his own website.
You see, there are no internet marketers in the world who post negative reviews and comments on their website.
So we cannot count on these testimonials.
In addition to this, Mr. Joshua Martinez is promoting Futures war room ($250 or $19 monthly), Futures War room premium ($897), Smart Money Alerts ($1497), The Futures Edge ($3997), Tunnel Trader Auto ($1997) and Tunnel Trading course ($1997).
This Walmart of trading products cost a lot of money.
So to convince the financially desperate, the snake oil marketer peddles his financial education while hiding behind hypothetical performance.
Normally when you see a trading education website with products for everything, it usually suggests that the trading educator is not actually trading a live account.
This is the case with Traders Agency. The owner is a snake oil peddler with no verifiable trading performance record.
The only reason he wants to sell you a pricey trading education course is because this is how he makes his money.
Conclusion
This financial puffery is just sickening. The products are listed in a way that suggests the person is interested in selling and not trading.
If you ask them about their redacted broker statement even for the last one month, you will receive an email with all kinds of excuses.
There is also a chance that your email won’t be replied. But of course these super cons know how to market to the financially desperate.
If you want to know what I mean, just send them an innocent email pretending to be naive investor and looking to buy Joshua’s trading courses.
Tony
Bought the Destination trader and I kept losing. So misleading from what was promoted.
Daniel Loh
Hi Tony,
Do you mind sharing more about Destination Trader? Why it is misleading? Are you manual trading or auto trading?
Robin Crane
I happen to be a student of Joshua Martinez. He teaches how to minimize your losses.
My first trading day I made $342 and got a bit foolish and went against what he taught, needless to say I lost $515.I have since gone back to his teachings and I am back in the green (up $700). I started with Jodhuas training about a month ago and you have to go through the lessons in the course, trade one contract at a time and don’t over leverage but most of all, don’t think you can go on a whim. His program works. You just have to follow direction.
abdo
Hi Robin, Do you recommend to buy his class or no ( is about $1497).
Thank you.
Sally
Stay away from josh con artist ,Keep taking money from my account without my permission every months don’t go near them they tell you is one payment to give you signal by test (which you don’t understand at all ) I emailed them several time no chance they just want your money .
ROBERT POSTAL
YES, BOUGHT TUNNEL TRADER AND DESTINATION TRADER IN LATE JAN. AND MID FEB., HAVE NOT USED EITHER DUE TO HEALTH ISSUES, HAVE REPEATELY REQUESTED MONIES BE REPLACED IN MY ACCOUNT. SCREWED AROUND BY AGENT WHO SAYS HIS NAME IS JOHN REEVES, 888-483-5161-EXT 702, OR ON 4-05-21 IT WAS 407-315-1172. VERY SLEAZY, LOTS OF MISSED CALLS, NO ANSWERS, ALL THE SIGNS OF A SCAM, STILL TRYING , YOU CAN CONTAC ME
Deborah Kelly
I bought tunnel trader and 2 other smaller subscriptions before I found all this out. I was told I had a 6 month MBG, but I’ve emailed them at least half dozen times, tried their chat and called, last 2 just tell you to email and they’ll get to you, its been about 5wks now!
sam
Josh’s presentation i attended seems real to me. Trader Agency or any other firm can not take out money from customer with out permission & if they charge credit card you can always dispute, because you did not give permission. Di you ever tried trading his Tunnel trading ? I like to know, Bz i like to try out.
Thanks
Dean Mellen
https://www.myfxbook.com/search/joshua%20martinez
Corpus Callosum
I was about to buy Desination Trader, however, looked over the pictures of the examples and then confirmed my theory using Trading View’s Destination Trader Script page. Currently glad that I didn’t buy it. While I don’t have the automated Ninja Trader strategy, at least now I can figure out if it’s something that I would actually use or not.
The Destination Trader indicator is a simple 2 hour pivot and that’s it. Let’s say, for example that we want to calculate the Destination Trader’s value for 10:00 am all we would do is:
1.) Find the highest value on the 5 minute chart over the previous 24 bars (i.e. 8:00 am up until, but not including, the 10:00 am bar.
2.) Find the lowest value on the 5 minute chart over the previous 24 bars (i.e. 8:00 am up until, but not including, the 10:00 am bar.
3.) Find the value at close of the bar just before the 10:00 am bar (the 5 minute bar that is just before the 10:00 am bar (9:55 am to 10:00 am).
Calculate the Pivot value: [Highest Value (#1 above) + Lowest Value (#2 above) + Close Value (#3 above)] / 3. In other words, add the 3 values together and divide by three. That will be the Destination Trader indicator value from 10:00 am until noon (12:00 pm).
You could also switch to a 2-hour chart and get these values a little faster from one bar. 😉
I really wouldn’t pay as much as they are asking for just this indicator. Now that I figured out it is just a pivot value I could probably just code my own NinjaTrader 8 auto trading strategy to take better entries and manage all trades better.
Anyway, hope this helps some of you sleep better knowing you haven’t spent what they were asking for it – way too much. I do have to thank Joshua Martinez, in one of his videos he told us what the formula was without even realizing it.
Levi
Hello Corpus Callosum, so once you get the indicator value, you buy? What the purpose of the indicator value? Thanks
mary
ive just wasted money can i ask for it back
Conned Again
His Money Magnet Express results speak for themselves. The chart below comes directly from Josh. This format is difficult to read so let me simplify. In 2020 he made 11 recommendations that resulted in 1 winner and 10 losing option trades. In 2021 he made 14 recommendations that resulted in 9 winners and 5 losers. So far in 2022 he has made two recommendations. The first was a winner and the second was just this past week, so it is too new to evaluate. Overall, 11 winners and 15 losing option trades for a 44% win rate. Not the 90% he suggests in his video. The headings for the spreadsheet were as follows: Symbol, Buy or Short (all of his recommendations were to buy the stock or call options so you will only see LONG), date of purchase, stock buy price, sell date, stock sell price, profit or loss with % gain or lost, option specifics, option buy price, sell price, gain or lost & %.
28 CI LONG 03/15/2022 $232.43
17 JUNE, 270 CALL $3.90
27 GOLD LONG 02/01/2022 $19.04 02/11/2022 20.43 $1.39 7.30% 20 MAY, 20 CALL $0.97 $1.61 $0.64 65.98%
26 IWM LONG 01/13/2022 $216.41 01/14/2022 211.08 -$5.33 -2.46% 20 MAY, 233 CALL $4.20 $3.12 -$1.08 -25.71%
25 CLF LONG 11/04/2021 $23.02 11/10/2021 21.85 -$1.17 -5.08% 14 APR, 24 CALL $3.10 $2.51 -$0.59 -19.03%
24 QQQ LONG 10/07/2021 $363.71 10/19/2021 374.04 $10.33 2.84% 21 JAN, 390 CALL $4.63 $6.03 $1.40 30.24%
23 QQQ LONG 09/22/2021 $368.25 09/28/2021 361.1 -$7.15 -1.94% 31 DEC, 394 CALL $4.41 $2.64 -$1.77 -40.14%
22 UPS LONG 08/02/2021 $193.61 09/09/2021 189.52 -$4.09 -2.11% 17 DEC, 210 CALL $4.50 $2.32 -$2.18 -48.44%
21 FSLR LONG 07/26/2021 $83.37 07/27/2021 79.46 -$3.91 -4.69% 15 OCT, 90 CALL $3.35 $2.73 -$0.62 -18.51%
20 PDD LONG 07/09/2021 $111.87 07/23/2021 98.39 -$13.48 -12.05% 15 OCT, 130 CALL $4.60 $1.61 -$2.99 -65.00%
19 AAPL LONG 06-07-2021 $125.16 06/14/2021 130.21 $5.05 4.03% 17 SEP, 135 CALL $3.10 $4.50 $1.40 45.16%
18 GOLD LONG 05/05/2021 $22.21 05/06/2021 23.08 $0.87 3.92% 17 SEP, 23 CALL $1.39 $1.77 $0.38 27.34%
17 DOCU LONG 04/01/2021 $209.81 04/13/2021 226.45 $16.64 7.93% 18 JUN, 260 CALL $4.05 $6.00 $1.95 48.15%
16 DOC LONG 03/09/2021 $17.53 03/15/2021 18.36 $0.83 4.73% 16 JUL, 20 CALL $0.25 $0.45 $0.20 80.00%
15 BMY LONG 02/17/2021 $60.10 02/24/2021 61.97 $1.87 3.11% 18 JUN, 65 CALL $1.80 $2.27 $0.47 26.11%
14 ZM LONG 01/22/2021 $382.20 02/05/2021 417.88 $35.68 9.34% 19 MAR, 600 CALL $4.20 $6.10 $1.90 45.24%
13 SATS LONG 1/12/2021 $22.39 01/14/2021 24.68 $2.29 10.23% 16 APR, 25 CALL $1.55 $2.60 $1.05 67.74%
12 ZM LONG 01/04/2021 $355.50 01/13/2021 379.61 $24.11 6.78% 19 FEB, 480 CALL $4.40 $6.70 $2.30 52.27%
11 WMT LONG 12/29/2020 $144.53 12/31/2020 143.11 -$1.42 -0.98% 19 MAR, 155 CALL $3.25 $2.66 -$0.59 -18.15%
10 BMY LONG 12/28/2020 $61.23 12/28/2020 60.81 -$0.42 -0.69% 19 MAR, 65 CALL $1.21 $1.17 -$0.04 -3.31%
9 CRM LONG 12/03/2020 $223.76 02/05/2021 238.7 $14.94 6.68% 19 FEB, 290 CALL $2.51 $0.08 -$2.43 -96.81%
8 DOCU LONG 11/18/2020 $211.89 11/30/2020 232 $20.11 9.49% 15 JAN, 290 CALL $3.20 $4.90 $1.70 53.13%
7 BABA LONG 11/12/2020 $266.07 11/13/2020 257.7 -$8.37 -3.15% 15 JAN, 310 CALL $4.80 $3.70 -$1.10 -22.92%
6 INTC LONG 11/11/2020 $46.17 11/12/2020 44.6 -$1.57 -3.40% 15 JAN, 47 CALL $1.79 $1.25 -$0.54 -30.17%
5 DIS LONG 10/20/2020 $125.19 10/28/2020 120 -$5.19 -4.15% 15 JAN, 145 CALL $1.98 $1.61 -$0.37 -18.69%
4 WYNN LONG 10/15/2020 $72.04 10/19/2020 70.29 -$1.75 -2.43% 15 JAN, 95 CALL $3.10 $2.40 -$0.70 -22.58%
3 DIS LONG 10/06/2020 $123.46 10/06/2020 121.77 -$1.69 -1.37% 15 JAN, 145 CALL $2.07 $1.60 -$0.47 -22.71%
2 TJX LONG 09/23/2020 $53.90 09/23/2020 52.8 -$1.10 -2.04% 20 NOV, 60 CALL $1.30 $1.00 -$0.30 -23.08%
1 SPCE LONG 09/09/2020 $17.47 09/18/2020 16.99 -$0.48 -2.75% 16 OCT, 23 CALL $1.00 $0.32 -$0.68 -68.00%
Conned again
https://docs.google.com/spreadsheets/d/1PlQLL_97BGvDCZU393tdZ8qD9cZckn9Bn1mHTOsqM-U/edit#gid=0
This is the link to the trading results I mentioned in the previous post. Maybe post it instead of the copy and paste details assuming that the average person can clisk on the link and gain access.