Complaint Review: Mark Chapman - Trapped Traders - Cleveland
- Mark Chapman - Trapped Traders 17 Allendale Tee, Middlesbrough Cleveland, United Kingdom
- Phone: +447554014579
- Web: http://www.trappedtradersedge.com/
- Category: Slandering of employee
Mark Chapman - Trapped Traders Scam Deceptive Salesman, Internet Thief, Bogus Trading Strategies Cleveland TS118HN
*General Comment: Mark Chapman scam???
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Mark Chapman sells a bogus forex trading strategy under the name "Trapped Traders Edge".
He claims to have learnt it from a friend he went camping with and who made mega-millions on the market. Basically, the strategy does not work in forex and he charges $900 for an online course covering absolute rubbish such as:
- using a MACD to trade divergences,
- using a Stochastic to also trade divergences,
- identifying low volume areas,
- and "mouse traps" which is nothing more than a lower low in price action.
Anyone that has been around long enough in forex trading will know that using MACDs, Stochastics, and volume is not going to turn you into a millionnaire.
Part of his sales pitch is telling potential clients he's recruiting traders to manage forex funds on behalf of private and institutional investors. He promises you entry if you follow his plan and produce great trading numbers. What he never tells you is that the strategy does not work, so there is no way you're ever doing to manage forex funds. He also tells everyone how he's in the process of relocating to Spain to play golf and live the good life. If you ask questions about this and the forex funds pitch you'll soon discover that it's all rubbish.
Mark Chapman runs a YouTube channel on which he pitches content that has no quantifiable egde! If you look carefully at all this content you'll see that there are no real-time examples, no in-the-minute trade executions, nothing of that sort. All of it is retrospective analysis of a chart and we all know how perfect hindsight is.
Forex traders beware, Mark Chapman's Trapped Traders is a scam!
This report was posted on Ripoff Report on 01/02/2015 06:25 PM and is a permanent record located here: https://www.ripoffreport.com/reports/mark-chapman-trapped-traders/cleveland-ts118hn/mark-chapman-trapped-traders-scam-deceptive-salesman-internet-thief-bogus-trading-str-1199026. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 General Comment
Mark Chapman scam???
AUTHOR: graham - (United Kingdom)
SUBMITTED: Monday, April 09, 2018
Ineresting to read this report on Mark Chapman. I do not know if Chapmans system works or not having never tried it and would certainly not spend money on it or anyone else's system. Having studied FX for eight years and traded ( with some success ) for six years I have watched some of his videos.
What he doe's do is highlite the fact that markets are manipulated by the big players which if nothing else should draw the attention of traders to the importance of price actioni n setting up trades.
There are a great many scammers out there but unless the person filing this report has more to go on that the fact he paid money for a system that didn't work for him I think it rather unfair to brand Chapmans views as a scam.


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