Exactly, everybody is free to do whatever they want, everybody is free to make their choices in life... So, seriously all this bashing threads/posts to warn new traders of potential scammers are simply useless... Everybody has a head on their shoulders and should be able to judge what is useful for them or what is not...
So, here is my story...
I joined Igor's trading room one year ago. It seemed to me like he knows a lot about trading and he is a true professional. I listened to his countless hours of explanations about HMA's, candlestick patterns--it is funny he calls HA candles Doji's and stuff, "bad" markets, price action. I did my homework. I did extensive backtests and realized that TSR gives a boatload of false signals, on top of that it was a system that had no clearly defined targets for exits, and soon enough I realized that my mentor has no clue of what the market was doing and where it was heading. He was scalping for a few pips based on the feel of the market that he had developed from watching the charts day in and day out. Problem was he could not explain why he would enter or exit trades. Anyways, I did not see anybody making real money while I was in his room. I took trades based on my own fibo analysis, Igor's retracements rules(which although useful in spotting retracements were way too late to enter trades making stops way too big most of the time) and I was ahead; I wasn't making a fortune but I was ahead. So, at some point I was talking about levels and direction of the market in the trading room, and I was wrong; so Igor slammed me for trying to tell the direction of the market and said that the market is always right. Fair enough, that was true, but I was just disgusted with the way he treats people so I left the room. Then, I posted about the inefficiencies of his system like late entries, no exit rules, no respect for fibo and s/r levels based on hi/los, just relying on indies, etc. He reacted in his usual rude way to preserve his EGO. he was PISSED. I just had some fun arguing with him because he is a FUNNY guy with an old-fashioned way of thinking.
Then commercial threads like Steinz's, jtraderco emerged and those people were successful in marketing their products. So, people like Igor and El Cid decided that if "idiots" can sell balloons they can definitely sell their quality stuff that was created with so much effort on their part. On top of that, EJ/fxcruiser showed people that it is possible to trade the markets profitably consistently using coventional tools, discipline, and creativity, he showed that in his humble way, giving his logic in a clean simple format using charts with explanations and not 1000 hours of audio/video files. He charges a selected group of traders a small quarterly fee that goes to charity, he is very patient and listens to what people have to say, he continuously helps and coaches people in their trading endeavors....
Now Igor was really determined to find the market turning points by developing a zigzag that "shows the last leg of a given move" So he was "buzzy" developing this indicator and he did not even trade for the million euro private fund just for the sake of the future billions of profits in store. Then he emerged again with "a basic version" of the "Zorro" system for the masses, then he said sorry, this is useless, if you want to get the real stuff that works you have to pay. I pay 1.50 euro for a glass of water in Belgium LOL and the poll above LOL
So, the moral of the story....Igor can do whatever he wants, open a paid trading room, charge whatever he wants--he has done it in a proper way, in the commercial section(although that was the most inadequate marketing I have seen in my life, perhaps Steinz can help here), it is up to the people to decide weather to join/pay, then decide weather they were helped in their endeavors. To me Igor will always be an average trader, with average systems, with big EGO. I really don't think he is trying to scam people, he is a good guy, with a good old school sense of humor, just a bit stubborn. he gives his best to teach and help people but unfortunately his best will not be good enough for some. Well, well this was my finale talking/arguing/debating with or about Igor....Wish everybody best of luck and continuous success in whatever they do.
Peace!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!