I have been with Uday-trading for about two months and so far am down 15% having LC manage trades. I am still looking for those 400 positive pip months and to recover. LC has changed what he offered on his website from when I joined and what is offered now. He promised a chat room but never shows up, he claims he needs to watch for trades and not be distracted to end the month strong, yet January was a big looser month. LC might be watching for trades, and following his technical master trader skills, but to me, its hard to see how a technical trader can loose money when the dollar index goes from 70 to almost 80. His wins tend to be small and his losses are huge in the past two months. recently he change his lot size to mini lots, I'm not sure why, is it to hide the losses by showing tiny losses or is it due to his decision to scale out of a trade (which i don't know why he would have to change the lot size)
LC states he is a professional trader who makes his living trading, that he has mastered his emotions in this regards. Yet, to the uninformed, the way he keeps changing what he offers on his website looks like someone reacting emotionally. A year subscription for $97.00 which includes a chat room (although he never shows up?), managed trades, and all his educational material is a great deal, if he is real and can make a minimum of 400 pips a month (regardless of lot size). Two month down the road, its not looking great. I also subscribe to a free signal email that has done a lot better than LC in the same period, which is hard to understand since he is a master trader and the signal service is just that. I'll give it more time and hope its only been a bad couple of months (although two months of huge price swings, which one would think would be money makers. I don't buy all the consolidation talk when I see huge changes in USD and no big winners)
In the end, LC is not a scammer, but perhaps someone who bit off too much, promises too much, and as a result leaves most disappointed.
Regarding all the educational material, LC should realize that we are looking at how he is using it to make or loose us money, why would anyone invest hours to learn his trading skills if they have not seen real results come through his Super Scalper EA? The concept of LC's super scalper is fantastic, a master/salve EA that makes the trades through LC himself watching the trade and initiating each end of the trade. Now, to see some of the results promised. Going on Month three and I for one want real performance from Master trader, LC.