My Daily Trading Results - Scientific Trading

[spreadbetting]

The domain's been registered since 2013 and had various blurbs since 2015, as a top 5% retail trader I'm not sure why he's even bothering with us minions

"My name is Mel Fearon and this is my website devoted to explaining the journey of how through a 5 year period I have reached the stage where I am able to make significant monthly returns on my trading account bank of £10,000. This means I am literally now able to make anything above £10,000 per month and this will increase as my account size grows. Navigating through 5 years of chasing my tail, and digesting the good, the bad and the ugly in terms of trading advice, I have reached the stage where I am moving into the top 5% of retail traders in the UK. Welcome to my journey."

"With my strategy I have defined risk which is capped per day up to a maximum of 8% of my account size (This is essentially my stop loss). My potential profit per day can range up to 25% of my account size.

The data below are the live trades that have taken place this month. These trades are executed on the Betfair exchange which is the worlds largest sporting exchange. The Betfair exchange is owned by Paddy Power Betfair which has operations across the UK, Ireland, Australia, the US (Operating under TVG) and Europe.

If you are a hedge fund then please download this page because these are the results you will be verifying if we have an opportunity to meet where I will login into my trading account and allow you to perform your verification checks on various dates and times against the P&L for any given time period you wish to verify."

[weemac]

" This means I am literally now able to make anything above £10,000 per month and this will increase as my account size grows."

And yet, in a bizarre twist, he directly contradicted himself just 2 days ago.

"I recently 2 months ago started a challenge to grow a £5000 account to as much as I can in 2018. Since March 13th until today (April 13th) I have already grown it to £8000...."

So what happened to his claimed £10k a month? The guy's an attention seeker, or worse. I'm not going to waste any more time on him. I just hope no-one will fall for his clap-trap.

[max_usted]

Seems to be employing a strategy in expectation of late goals in football matches, jolly sensible fellow (although perhaps not as innovative as all that).

[swanst1991]

wow, i've watched 2 of his Webinars on youtube ( for free) and thought he was fairly knowledgeable, it appears he is getting roasted from the start of this thread which comes across to an outsider as mean and rude to be honest.

can anyone enlighten me why he is a charlatan?

Thanks

[northbound]

it appears he is getting roasted from the start of this thread which comes across to an outsider as mean and rude to be honest.

I wrote an email to this scientia person a few weeks ago, asking to discuss the impact of certain in-play stats on match selection.

It didn’t even bother replying.

I find this very rude, so have no sympathy for the “rude” way he’s been treated on this forum.

[Dallas]

it appears he is getting roasted from the start of this thread which comes across to an outsider as mean and rude to be honest.

I wrote an email to this scientia person a few weeks ago, asking to discuss the impact of certain in-play stats on match selection.

It didn’t even bother replying.

I find this very rude, so have no sympathy for the “rude” way he’s been treated on this forum.

He's probably gone bust!

Without re-reading the whole thread again I think the gist was he was trying to promote a fancy dressed up 'gambling' strategy with a re-worked loss recovery system as something new he had discovered

Flooding every forum with his short-term results maybe with the intention if he could get to around 6-12mths before it went horribly wrong then start some sort of subscription service having used forums like this to promote himself.

As with any loss recovery system he was warned very early in this topic by a few traders the wheels would fall off sooner or later, and as also started earlier in the thread your never going to convince a forum full of some of the worlds best traders that something like what he was promoting is a viable long-term strategy!

Edit; just checked his twitter and it seems he stopped posting early August which looks to reinforce what I've just said above

[LeTiss]

He's gone bust, Dallas

I sounded him out on page 1, you could tell from the figures returned on some lowish liquidity markets

[wearthefoxhat]

His probable demise may have been down to basic money management strategies, his trading plan/method may have been/still be workable, but if the screenshots were to be believed, increasing amounts on the next bet(s) is nearly always fatal.

Not that he can't learn from it. It very much depends on if he wants to or not.

If not, I believe Knish still has the truck.

Despite Knish’s encouragement to play beatable games (the soft seat in Queens, the $10/$20 game at Chesterfield, and the Goulash joint on 79th Street), Mike McD was on a mission. Perhaps Knish could have done a better job at stopping Mike McD, but the sage knew that Mike McD needed to learn a valuable lesson – sometimes the student needs to fail in order to succeed.

[megarain]

Despite Knish’s encouragement to play beatable games (the soft seat in Queens, the $10/$20 game at Chesterfield, and the Goulash joint on 79th Street), Mike McD was on a mission. Perhaps Knish could have done a better job at stopping Mike McD, but the sage knew that Mike McD needed to learn a valuable lesson – sometimes the student needs to fail in order to succeed.

Rounders 20 years old. (I feel ancient). The directors cut, with Moneymaker voice over, on Blu-Ray is awesome)

[northbound]

You all assume he’s gone bust, but if you read his most recent tweets, it doesn’t sound like it.

All I can say is that he sounded like so many modern young people who only believe in science and numbers.

In my opinion, life / trading is much more nuanced than that. If everything came out of a book, it would be easy. And it is not.

[swanst1991]

it appears he is getting roasted from the start of this thread which comes across to an outsider as mean and rude to be honest.

I wrote an email to this scientia person a few weeks ago, asking to discuss the impact of certain in-play stats on match selection.

It didn’t even bother replying.

I find this very rude, so have no sympathy for the “rude” way he’s been treated on this forum.

He's probably gone bust!

Without re-reading the whole thread again I think the gist was he was trying to promote a fancy dressed up 'gambling' strategy with a re-worked loss recovery system as something new he had discovered

Flooding every forum with his short-term results maybe with the intention if he could get to around 6-12mths before it went horribly wrong then start some sort of subscription service having used forums like this to promote himself.

As with any loss recovery system he was warned very early in this topic by a few traders the wheels would fall off sooner or later, and as also started earlier in the thread your never going to convince a forum full of some of the worlds best traders that something like what he was promoting is a viable long-term strategy!

Edit; just checked his twitter and it seems he stopped posting early August which looks to reinforce what I've just said above

Okay thanks, really surprising. if anyone has seen his webinars they are very long ( 2 hours) and appear to come from someone who knows what they are on about, i also thought who would make 8 webinars at 2 hours each for free if they needed money and no system being sold on his website.

you cant trust no one can you?

That's 4 hours i'm not getting back.

[Derek27]

...i also thought who would make 8 webinars at 2 hours each for free if they needed money and no system being sold on his website.

Somebody looking for a purpose in life?

[swanst1991]

...i also thought who would make 8 webinars at 2 hours each for free if they needed money and no system being sold on his website.

Somebody looking for a purpose in life?

hahahahaa, apparently so.

[spreadbetting]

Okay thanks, really surprising. if anyone has seen his webinars they are very long ( 2 hours) and appear to come from someone who knows what they are on about, i also thought who would make 8 webinars at 2 hours each for free if they needed money and no system being sold on his website.

you cant trust no one can you?

That's 4 hours i'm not getting back.

There's an old Bernard Shaw quote “He who can does, he who cannot, teaches.” so it doesn't neccessarily mean those 4 hours were wasted if you learnt something. The trading world is full of Walter Mitty types all re-hashing the same ideas for their own ends. It doesn't mean they're all talking crap but you will have to separate the wheat from the chaff and if neither of you know what's the wheat you'll end up going down all sorts of blind alleys you probably didn't need to.

[swanst1991]

Okay thanks, really surprising. if anyone has seen his webinars they are very long ( 2 hours) and appear to come from someone who knows what they are on about, i also thought who would make 8 webinars at 2 hours each for free if they needed money and no system being sold on his website.

you cant trust no one can you?

That's 4 hours i'm not getting back.

There's an old Bernard Shaw quote “He who can does, he who cannot, teaches.” so it doesn't neccessarily mean those 4 hours were wasted if you learnt something. The trading world is full of Walter Mitty types all re-hashing the same ideas for their own ends. It doesn't mean they're all talking crap but you will have to separate the wheat from the chaff and if neither of you know what's the wheat you'll end up going down all sorts of blind alleys you probably didn't need to.

i will remember that quote! his webinars were more about risk:reward and i feel i took something from them, onwards and upwards.