What is MDC Trading Academy?
MDC Trading Academy is a trader training school founded by Manny Cabrera, who, after teaching at Day Trading Academy (DTA) , decided to create his own team and intraday trading program to compete with his former school. Manny is no longer part of the academy, which is now run by his former partners, Dany Perez and Sebastian Zuluaga.
I'm telling you right now, this trading course is as bad as the one offered by DTA (or even worse).
MDC Trading Academy reviews:
They don't understand the student's problems, they think all cases are the same, and they make you believe that if you fail it's because of your emotions and not the strategy. I don't recommend them at all. I feel terrible knowing I was deceived, and I completely regret the time and money I wasted.
Joshua
Is it possible to profit in the stock market with the MDC Trading Academy system?
Let's start with the basics. This trading course will teach you how to set up your NinjaTrader platform , you'll learn about tick charts and bar charts , you'll understand the difference between the various order types, and you'll be helped to install each indicator you'll be using.
So far, the best part of the course (of course, you can get all of this for free on the internet).
Then will come the time to operate applying the school's strategy, a strategy that differs almost nothing from the one I have already analyzed in the Day Trading Academy.
MDC Trading Academy – TRAINING PLAN and Strategy:
MDC Trading Academy offers a scalping where the goal is to wait for a strong price surge and then see a pullback to the middle of the Keltner Channel to enter a trade in the direction of the current trend. I'm simplifying, but that's essentially it.
Nothing new under the sun, a poor strategy and nothing more
Essentially, the strategy boils down to: impulse, pullback to the moving average, and confirmation with the MACD. Nothing we haven't seen before (and that you won't find on YouTube).
The course says nothing about trading withOrder Flow, Market/Volume profile, Wyckoff, or algorithmic trading. Much less about building a stock portfolio, combining day trading with swing trading, orlong-term investing via ETFs.
Everything is restricted to a set of indicators and some scalping. The course's limitations are more than obvious , and the school knows it.
Keltner's Channel and the most pathetic trading strategy I've ever seen
Trading and emotions, a bad combination
With a target of 2 points (8 ticks) and a stop of 1.25 points (5 ticks), this strategy can easily fall into emotional trading. This is very difficult to avoid on these short timeframes, where trades last between 3 and 4 minutes on average, and there are so many opportunities to enter the market.
And although a kind of contextualization or analysis of the market (or pre-market) via price action is advocated , the truth is that with all the indicators used by the school, it is unlikely that this analysis will prevail when trading.
As with Day Trading Academy (DTA), the system used does not take volume into account, because according to the authors of this trading course, volume is contained in the price movement, which is totally ridiculous.
You only need to Google 'what is absorption in trading' and understand this concept a little to realize that the mere analysis of Japanese candlesticks only tells us half the story.
MDC and the marketing of stock market courses
When it comes to attracting MDC, it resorts to the same marketing strategies that I have often criticized on this website.
They sell aspirational stories, unlimited profits, and infinite time. On the academy's social media, you'll see the best of trading: happy people who have achieved consistency just a few months after taking the course.
They'll make you believe that trading is easy and that with a simple scalping strategy anyone can be their own boss. Trading on the beach? You got it. Making a living from trading? You got that too. Trading with real money after just two months of study? And of course, there's a video.
In-person seminars, they even hand out ridiculous certificates that have no use or value. The intimate, almost mystical-religious, or even self-help tone of many of these videosis quite cringeworthy and embarrassing.
Discover the ideal broker, course, or funding account for you with the help of AI.
- 📊 Tailored recommendations, based on your profile
- 🧠 Learn about investing and trading for free
- 🔍 Ideal for beginners and growing traders
Make quick and easy money with trading
It doesn't take much to figure out who MDC's target customer is with its message and stock market courses. MDC offers quick and easy money. But of course, they don't put it that way.
The advertising and marketing strategies of this trading academy are much more subtle.
On the one hand, they'll tell you that trading takes time, but then they'll spare no expense in creating and promoting hundreds of videos that suggest the exact opposite. The prevailing message is that of easy money within everyone's reach.
An easy-to-sell scalping strategy
The reality of trading, however, is very different from how it is portrayed on academic social media.
And while it is true that the course covers both psychology and capital management, the problem is that you are taught to manage a very poor strategy (same problem as with DTA), which is useless.
I don't think that with this trading system you'll ever pass a funding test, much less gain consistency in the long term.
Don't be fooled. The scalping method proposed by MDC Trading Academy won't suit the vast majority of traders (there are correct ways to scalp, and the one proposed by MDC isn't one of them).
I still remember Manny Cabrera, in one of his ridiculous videos (one of many), saying that he was content earning one tick per trade, but since one tick per trade wasn't enough to live on, he opened the trade with 10 contracts.
I have rarely heard such a ridiculous thing.
Opening a position with 10 futures contracts is a surefire path to ruin. Beware of these trolls.
Simple trading students addicted to advertorials
The academy's founders claim to be successful traders with significant careers on Wall Street and decades of experience.
The truth is that none of this is verifiable. What we do know about its founders is that they were all simply trading students with almost no experience in the markets shortly before setting up a trading school.
But these bizarre stories with 'decades of success in the stock market and personal growth' don't end there, because like many other trading schools (e.g., Eurekers, Trading and Stock Market for Dummies, etc.), MDC Trading Academy often uses 'advertisements' to solidify this past success that they sell us.
This is an advertorial, and so is this one here, and this one, and even this other one. This last advertorial goes so far as to claim that one of the founders of MDC (S. Zuluaga) has been a 'senior trader' since 2012, when we've all seen him in a DTA video as a student in 2017.It seems anything goes when it comes to selling trading courses. Truly deplorable.
Reviews of very dubious authorship
This trading school has also succumbed to the temptation of relying on spurious websites that publish 'reviews of very dubious authorship'.
These reviews have the sole purpose of speaking very favorably about the stock market course offered by MDC Trading Academy.
These are trading websites with almost no content and no legal notice. I assure you that the people writing on these websites are not traders; they are content writers doing part of the school's marketing work (unfortunately, I must tell you that the people at MDC Trading Academy are not the only ones resorting to this type of 'marketing strategy').
This is a common practice among companies (or schools) that seek to 'make invisible' the negative opinions that their actions, or products, generate (it is part of the online reputation of companies).
The truth is, if you search for "MDC trading reviews" on Google, you'll most likely find this same review you're reading now, as well as many videos and 'fake websites' set up to defend the school's interests.
Click here to find the best brokers for trading
Traders who don't trade
The stock market course business is a multi-million dollar industry, and MDC doesn't want to give up its share of the pie. If only they knew how much easier it is to offer a good stock market course.
Of course, to do that, you first have to be a true trading professional.
I recommend you be very cautious when researching this trading academy. The blatant lack of ethics the school displays when selling its stock market courses should be the first of many red flags to consider.
A plagiarized stock market course?
The second major alarm will be to learn that they have completely appropriated the trading system proposed by DTA (it's not that I like what DTA does, but that doesn't justify them 'plagiarizing' the course offered, however bad it may be).
Price of courses at MDC Trading Academy:
The school offers 3 types of training: the Face-to-Face Seminar, the Virtual Training, and the VIP Training (the latter is a One on One with one of the institution's traders).
The in-person seminar is usually offered for around $2,497 (reduced from $9,000... haha, no joke. This school's marketing is always laughable). Meanwhile, the online trainingranges from $1,500 to $2,500 (these prices depend on the country you're contacting them from, so use them as a reference only).
What do the students think?
✅ The best according to students
- Practical approach and live sessions: Some students value the opportunity to participate in live trading sessions, which allows them to apply the knowledge acquired directly in the market.
- Accessibility for beginners: The course is designed to be accessible to people with no prior experience, offering a clear structure that facilitates progressive learning.
- Supportive community: Students mention feeling supported by an active community and the team of instructors, which contributes to a positive learning environment.
⚠️ The worst, according to the students
- Outdated strategy: Several former students criticize the strategy taught as an adaptation of old methodologies that are no longer effective in today's markets.
- Lack of transparency and dubious results: The real profitability of the instructors is questioned, since the live sessions do not show operations in real accounts, which raises doubts about the effectiveness of the method.
- Aggressive commercial approach: Some users point out that the academy prioritizes selling courses over effectively training traders, using intensive marketing tactics.
- High cost in relation to the content: There are opinions that consider the price of the course to be high compared to the quality and depth of the content offered.
Conclusions about the stock market course offered by MDC Trading Academy:
One of the worst trading courses I've ever had the opportunity to analyze, and this is not surprising given that Manny Cabrera are ex-DTAs, you can see it here and here (now they call themselves 'Senior Traders' in a clear example of 'self-perception').
What you will learn in this trading academy can be summarized as: buying or selling on a price pullback that reaches the midline of the Keltner Channel.
Clearly, this simple strategy does not justify the cost of the course.
The proposed strategy leaves much to be desired, and this isn't just because it's prone to emotional trading. In my opinion, the most disappointing aspect is that they don't consider trading volume.
An inflexible course and ineffective trading
Limiting everything to trading futures doesn't help either. Every trader is unique, and perhaps your strength lies in stocks, or forex, or long-term investing with ETFs.
So why reduce the entire course to a simple scalping strategy? What if scalping isn't for you? Or do all football players play defense?
With MDC you'll have some winning trades (even flipping a coin), including the occasional brief period when the market is on your side and you can show positive numbers; but, in the long run, the strategy will fail in most cases.
The trader is always to blame
When failures pile up, they will give you millions of excuses, and they will tell you that the problem is psychology (in other words, they will make it clear that the problem is you).
But the truth is, just like with DTA, the problem lies in the strategy (working on the psychology of a mediocre strategy isn't the answer). As I said, this trading system isn't suitable for the vast majority of traders.
My recommendation is that you save yourself future frustrations and look for another option if you really intend to start trading on the right foot.
Far from consistent
In short, this trading course will teach you the basics of trading (how to set up NinjaTrader, a little about the Futures market, a bit of Price Action, and not much else), while also providing you with a strategy for day trading; but you'll never achieve consistency with it. Sooner or later, your account will suffer, believe me.
Alternatives to MDC Trading Academy
As an alternative to what MDC Trading Academy offers , I suggest you check out Ferran Font 's course . In Ferran's course, you'll find a true understanding of the market, and you'll even learn how to use Order Flow .
🛡️ Legal notice
This article is for informational purposes only and reflects personal opinions, user experiences shared on social media, and critical analysis of an educational product offered to the public. It is not intended to defame, spread misinformation, or damage the reputation of any person or company mentioned.
The images used in this article are illustrative, either public screenshots or images taken for critical analysis from freely accessible websites. Their use falls within the legitimate interest of informing and providing context.
We recommend that our readers research and compare various sources before making decisions related to financial products or services.
My name is Norberto. I've been investing and trading for over a decade. I'm also the author of the trading course Experiencia Topstep. If you want to learn how to invest and have any questions, feel free to contact me.
You might also be interested in
WHAT ARE THE BEST COURSES FOR INVESTING?
Futures Trading
DAY TRADING VS. SWING TRADING
Hi, I'm about to enroll at MDC, but after reading your posts, I'm really worried. Could you please recommend some other academies? I would really appreciate it. Thanks!
Hi Liz,
Did the ' best trading courses ' ranking not help you? I recommend you read the reviews I've left there. It all really depends on what you're looking for in a trading course (because, as I always say, every trader is different, and what works for me might not work for you). If you're looking for structure and order flow, Ferran Font 's course is very good. If you want to delve deeper into order flow, ArmagaFX 's course is a great option, and if you're looking for price action and volume, I recommend checking out the Futures Trading course or the Price and Volume course . I hope my advice is helpful.
Greetings
Thanks for that answer to Liz's question. I have the same question. But how does one know what to look for? Structure and Order Flow or price action? I have no experience. What do you recommend? I watch a lot of YouTube and I like investing. I have Robinhood and eToro accounts and some crypto investments. But I have no idea what you mentioned, and I want to learn short-term trading. That's why MDC Academy sounds appealing, but with all these comments, I'm not really keen. If you could guide me on where to start, I'd appreciate it. I know it takes time, study, and patience, but I also know that studying here and there on my own takes much longer. I want something basic but structured that will allow me to start in a few months. Any suggestions?
Hello Gisela,
I have two articles that I think can help you. In them, I discuss two different trading styles and recommend several courses depending on the style you're looking for.
https://experienciatopstep.com/cursos-de-bolsa-y-day-trading/
https://experienciatopstep.com/cursos-de-bolsa-para-swing-trading/
On the other hand, if you're looking for information about Order Flow, I recommend starting here: https://experienciatopstep.com/vida-de-trader/que-es-el-order-flow-y-como-lo-uso/
Finally, here's a link to several free courses offered on YouTube that will help you get started with these topics: https://www.mejorescursosdebolsa.com/cursos-de-bolsa-y-trading/cursos-de-bolsa-y-trading-gratis-en-youtube/
I hope you find the information shared useful, and then let me know 🙂
Greetings
Everyone was right when they told me they were just con artists, but I refused to listen. I was swayed by the seriousness they projected in their videos. I spent three months with them and only saw a lot of stop-start calls. I really don't want people to keep falling for this. I absolutely do not recommend them. And the worst part is that they even wear glasses and suits in their videos. It's all just marketing. I was very disappointed. I lost my money because I was naive. Don't be fooled by people who talk a good game.
It's absolutely true that they do a lot of marketing and the course ultimately disappoints. I took the course in 2019. Yes, it's an easy strategy to learn. The problem is that it's a completely automated trading system full of indicators. And as you can see in the video, your profit is 2 points risking 1.25, meaning your risk-reward ratio is 1.6. That gives you a very low expected value. Any moderately successful trader recommends a minimum ratio of 2. A trader with a good system has a ratio of 3 or higher. I'm not saying you can't make money with this strategy. In fact, since it's simple and lacks subjectivity, it's easy to follow. The downside is that consistency is unlikely in the long run.
Besides the system itself, you need to learn emotional management, something they teach very little (you could say not at all) despite boasting about its importance. They only share their negative experiences so you learn from them and avoid them happening to you, and they offer a few pointers. Another thing they say is that price action is the most important thing, and they teach you nothing more than how to draw a trend line and trade on it, based on indicators! The irony speaks for itself.
Another essential element is capital management, a topic they don't even mention. They also don't teach you how to understand the reasons behind price movements or the factors that drive the markets. The support is good, but they don't really care about you that much. By the end of the course, when I was ready to move on to what they call the "trading desk," I had already realized it was a mediocre system. For that reason, I decided to take a few days off, and I didn't even receive a message asking if I was still there. I left their community, and they either didn't notice or didn't care.
In conclusion, I agree that volume is sorely lacking in their system, and the price is far too high for what you get. I paid for the course because I was impressed by their marketing and because I was more ignorant than I am now. I have nothing against them, but I definitely don't recommend their course at all, especially since there are better courses in terms of content, price, and, above all, results.
The strategy is good, if you know how to apply it, in the right context.
And I earn about $1000 a month with the DTA strategy.
I completed the training in 2018, and since January 2019 I have had an account funded by OneUp and I already have plans to open my own account with the profits from the funding company.
Hi, I also took the MDC course in 2017, and I still haven't achieved consistency. I took three funding tests with One Up Trader and failed all of them. When I contacted them, they always had the excuse that it had been a good decision, but months went by and I still couldn't achieve consistency. In my opinion, I should add two other people with whom I formed a trading group, and they also failed to achieve consistency. Then I met people who studied with other academies without any prior trading knowledge and who, after only six months, were able to pass funding assessments. In conclusion, I completely agree with the rating they gave it.
I think people will always speak well or ill of them; it's normal, especially now that they're becoming well-known. However, it's important that those of us who have gone through the whole process also share our experience. I did the in-person training with them over two years ago. After that, we formed a working group with other traders, and since the beginning of this year, we've structured an investment fund with our own capital and third-party capital. The returns are already in double digits, and we've already passed that threshold. I understand that while you're in simulation mode, you're looking for the best strategy, the best market logic. However, that's not the most important thing. What you should be looking for is the best process to measure your progress within a context, and that you deeply understand their methodology and just focus on doing things right. I was trying to rate them, but it doesn't seem to let me. It seems very strange to me that they have such a bad rating because I'm in contact with many former MDC students, and they're all very grateful to their alma mater in trading.
You can contact me if I can help in any way.
Hi Camilo,
Speaking well or poorly of a course has no bearing on its rating (or review). I hope you don't take my response the wrong way; sometimes the tone of my messages may seem harsh, but their intent is not (in fact, I appreciate your perspective; debate is always enriching). I use strict criteria when rating a course (price, support, community, etc.), as well as the strategy employed (the likelihood of falling into emotional trading, the tools or indicators used, adaptability, etc.). Despite these criteria, I always consult with others who have taken the course to further enrich my review and confirm what I've observed. Nevertheless, it's clear that the review remains a personal opinion based on my understanding of trading and my personal experiences, which I always clarify.
Many people write to me sharing anecdotes about their experiences after completing a course at a particular trading school. I don't know if these people are the school's owners, employees, someone with ten years of experience, or just former students with only eight months of real-world experience. What I do know is that a single anecdote doesn't define a course. Even if they told me they increased their capital by 20% or 30%, I might still consider the strategy flawed based on everything I've discussed previously. For example, Apple delivered returns exceeding 22% in the last six months, while the S&P 500 had been rising at an average annual rate of 17.5% for a decade. What I mean by this is that with a poor strategy and a bit of luck, someone could have achieved a respectable increase in their capital this year had they chosen Apple. But don't get me wrong, I'm glad your numbers are positive (I'm always happy to hear that a trader has succeeded, because it means all traders can achieve it), but your success doesn't necessarily mean the course is good (I'm not saying it's bad either, I'm just saying that according to certain criteria there are better options… sometimes much better). We could even think that perhaps you have an innate talent for trading and with another trading course you might have even doubled what you achieved with the MDC strategy; we'll never know.
To wrap things up, ratings are open and welcome, as are comments. After all, I'm just one trader among many, and the opinions of fellow traders are just as important as the ones I leave on the site myself 😉
I hope you continue your winning streak.
Best regards.
Thanks for the reply. Well, I don't know if it's good or bad compared to others; you probably know many. I can only speak from my own experience. I come from a business background, and for me, a return of over 30% in eight months on a sustained basis is very significant. I've invested in top-rated US investment funds, and the best return I found was 15%. Now, I should mention that I've liquidated my companies and investments, and this is currently the main source of income for our team, which consists of three of us (all of whom came from the business world).
I can understand that there are traders with returns of 1000% in a matter of weeks… However, I can only comment from my own experience, and I recommend that people focus solely on doing things right.
This reminds me of when I had my own companies, and people would come in with magical marketing methods or specialized productivity and control software… If you don't have a solid foundation and aren't consistent, a company won't grow regardless of the tools. The same applies to trading… Right now, trading….
Greetings and thank you for the good wishes!
Hi Camilo,
You might be interested in looking at the returns of traders on Darwinex. These are audited accounts (so the numbers you see are real, not just fabricated figures), and many of them have achieved returns exceeding 30% in just 3 months (you can also look for traders with more than 2 years of experience who have 100% returns, or even some with over 4 years on the platform showing returns close to 500%). I mention this because it could be an alternative to the American investment funds you mentioned. The interesting thing about this company is that you can invest in winning traders (hence the audited accounts). This way, the trader builds capital, and the investor earns passive income (you get up to 80% of what the trader generates with your investment, if I remember correctly).
But be aware, investing in a trader isn't as easy as it seems, as you have to consider many variables when choosing one (I'll eventually write an article about this; but to name just one variable, I can say that the drawdown is as important, if not more so, than their profits). It's certainly a good alternative that you might be interested in if you're looking to diversify your portfolio.
Greetings
Can you send me your email address? I have a quick question
Thank you so much for the post and your comments. If I may, I'd like to share my experience. My name is Juan Sepulveda, and I live in Medellin. I've been training with MDC in person, so I can offer my opinion. I come from a Spanish academy called Trading de Futuros (Future Trading). It's a good academy, but after a year and a half of their online training, I never achieved consistency. I've been with MDC for about seven months now; this is my third month trading live. I can say that I'm becoming consistent because it's a simple and easy-to-follow method, which I don't consider a disadvantage as you mentioned. On the contrary, it's an advantage because I'm not as subjective as I was before. My previous experience might have helped, but if I were to start from scratch, I would choose MDC over Trading de Futuros (without meaning to disparage Vicent).
Additionally, I'd like to mention this: Seeing traders operating with real money, observing their decision-making process, is what changed my perspective on trading. So you might see the strategy as simple, but what they do at MDC—trading in real time—I value immensely, and it's helping me achieve the goal I've always had.
Thank you so much.
Hello Juan,
Thank you for sharing your experience in such detail! I'm genuinely surprised by what you're saying, and although three months is a very short time to evaluate a strategy, I must confess that you're one of the very few who seems satisfied with the type of strategy MDC proposes. I wouldn't be surprised if you return to what you learned with Vicens in a year's time. In fact, I recently received an email describing an experience that was the exact opposite of yours: a former DTA (we know the strategy is almost identical to MDC's) who, disappointed with the strategy used there, had switched to futures trading and was very happy with his current results… he even shared a screenshot of his cumulative net profit, which was certainly enviable. But as I always say: if it's working for you, keep doing what you're doing, because every trader is unique, and ultimately, the numbers speak for themselves.
Greetings
Thanks for the response and for respecting the topic. I agree with the point about DTA. But I think it's unfair when people compare MDC to DTA… They're two very different worlds; the only similarity is that they both use tick bars. I say this from experience, but DTA has changed a lot for the worse. MDC, in my opinion, is infinitely better and preserves the true trading process. I think the mistake is comparing MDC to DTA. Give them a chance, and you'll see the huge difference and what a great academy they are. Plus, there are so many good traders in their community; they share trades, analysis, and more daily. There are really a lot of consistent traders, and I can see that from the quality of their content and the process they follow. Thanks for the reply, friend.
Hello Juan,
The strategy is what I'm comparing. Whether the support is better or if they use Telegram instead of Facebook matters little to me when analyzing the strategy; these are just details (of course, they contribute to the overall perception of the school, but good support is useless against a bad strategy). And when we talk about strategy, both institutions share more similarities than differences (whether the target audience is slightly smaller or larger, or even if one uses ticks and the other candlesticks, these are still minor details when the underlying philosophy of the courses is exactly the same). If you think there's a substantial difference in strategy that we should be aware of, I'd appreciate it if you mentioned it. I honestly don't recall any (but I'll check my notes just in case).
Greetings
Hi!
Well, I believe a consistent trader is consistent with any academy. I've been part of MDC since December 2017. And I don't understand why you say that sooner or later the strategy will lead us to emotional trading. For me, the only thing that can lead me to emotional trading is my own mind, separate from the strategy. Accurate price reading is my responsibility. I think the trader's mistake is believing that when we buy a course, consistency comes included. I'm trading live and I'm being consistent, but that doesn't mean I'm making a lot of money or that consistency is guaranteed. This takes time, and I'm not going to blame an academy if I'm not consistent because I have the time to test the strategy and read the charts without indicators all day by myself and make decisions based on what I'm observing. As for the strategy, even the students at Tradingdefuturos have told me they like MDC's. It's a matter of choosing what seems best to you. By the way, you don't have to take only 2 points; you can extend your targets up to your price goals. Nobody's forcing you to take 2 points; it's just the recommended approach for consistency. Regarding erratic markets, I don't trade or take extreme positions. It's not just about taking valid trades everywhere; it depends on the market and your attitude towards it. This is my humble opinion based on my experience, but I appreciate that you have information from each academy. And yes, I can return in a year, but whatever my result is, it will be a consequence of my attitude towards the market. Cheers!
Hi Silvia,
I appreciate your comment, which is enriching and contributes constructively to the discussion. As I always say, the reviews I share are based on my trading experiences and understanding of the field. Furthermore, their purpose isn't to delve into every detail but to give a general idea of what aspiring traders can expect from the course (that's why I mention two key points, which is what most people look for during the course). If the strategy is working for you, stick with it; the numbers speak for themselves. But consider yourself lucky. Generally, these types of strategies fail in the long run (I wish they worked; I'd be the first to implement it... in fact, the founder of DTA acknowledges in a video that the strategy stops working in the face of volatility fluctuations—he probably didn't mean to say that, but it slipped out). As I said before, as long as it's working, keep going. I wish you the best of luck 😉
Greetings
Hi Silvia, how long have you been consistent? I took the online course, but the personal support I've received hasn't been good. They don't answer my questions, and I'm afraid to pay for a membership if I don't get the results I want or if I'll just lose my money. Any advice would be greatly appreciated. I'm Luisa from Bogotá. Thanks!
Hi Luisa. I see you've already done the virtual trading, just like me. I think if you send a message to support, they'll reply. I've been consistent for a few months now. They have responded to me. And regarding your fear of losing your money, I think that's related to your self-confidence. I think you should do it in demo mode until you get the desired results so you have no doubts; you are your only guarantee of success. Membership is optional, and if you find it difficult to pay for, you can interact in the community. There you'll find trading strategies and pre-market analysis, but what's truly important is that you test the strategy yourself and trust your analysis. I wish you all the best, Luisa. Best regards!
Hi.
At MDC, no one has proven to be consistent, except for one trader who shows winning trades every day, no matter what, sometimes live, sometimes in demo. We know that a stop loss can be removed from a chart, so you might think he has a 95% win rate, which is impossible, because he would have already been asked to trade a fund. Anyway, I haven't seen any consistency, but they are good people and very hardworking.
Hello,
Thank you so much for your input. They're surely good people, I don't doubt that, but I try to put myself in the shoes of the future trader when I write 😉 – the problem with this academy is the strategy, not the people.
Greetings
I was very disappointed with this academy. After researching other academies and strategies in Telegram groups, I realized that this academy falls below average overall.
I was guided by the quality of people they are; they seem cultured and well-prepared. But thanks to this experience, I learned a great lesson: I can't base my decision solely on this, because the fact that they are honest people doesn't mean they have what I'm looking for, or that they are the best option out there.
The course is too basic; it's one of the most basic I've found online.
The trading desk was terrible; they clearly ended up losing money in the three months I had access to it. I'm surprised you rated it a 7; that seems too high. They were trading with only one contract, and some days they ended up losing by as much as 20 points, doubling their risk on moving averages and trend lines. The price just kept breaking stop-loss orders. Honestly, days like that really undermined my confidence in the strategy.
The follow-up didn't help me, and the truth is I see extremely dedicated students with more than 1 year of experience, struggling a lot to get results; I can only say with certainty that 3 or 4 students show consistent results in the community.
I prefer to remain anonymous, as making this confession in a public place like this has been very difficult for me. I've tried to blame myself for my lack of results, but I decided it was time to open my eyes and be honest with myself. This is the reality I wish someone else had told me before I invested my money in this academy. This comment is not intended to be malicious.
Greetings.
Hello X,
Thank you so much for your contribution; it's incredibly helpful for those just starting out. But don't beat yourself up or get discouraged. We've all taken trading courses that were completely useless when we first began. The important thing is to keep going. It's clear your comment wasn't meant to be malicious. In fact, you mention that 3-4 students are consistent, but that will soon change, believe me. The MDC strategy is fundamentally flawed, and when volatility spikes, it won't be long before these students give everything back to the market. It won't be their fault (most likely they won't understand how what they've been doing no longer works and will start overtrading to recover their losses, falling into emotional trading).
Just a small clarification: when I evaluate 'the real-time trading room' I take into account its availability and frequency, not the results (it's also possible that on the day I wrote the review I was extremely optimistic; I'll inquire a bit more with my colleagues and update the score)
I recommend an article I wrote some time ago where I talk a bit about what I believe trading should be; it will help you find your place in this world. There are many trading strategies and systems out there; you just need to find one you believe in and that fits your lifestyle.
Greetings
One of the worst trading schools you could ever go to. Not only have I not made any money with them, but none of my colleagues have made any consistent profits with this strategy! A complete scam.
Hi Martin,
Thank you for sharing your experience with us.
Greetings
Well, I've been at MDC for two months now, and my experience has been really good. The entries are technical; in fact, you forgot to mention some... If you work with price action, it's the main analysis, since you use three charts simultaneously: one with indicators (610 ticks) and two without (610 and 1600 ticks). Volume analysis is fundamental to trading; I don't know how anyone can say otherwise. Volume is checked every day. My experience as a student and someone interested in futures has been positive at the academy. The feedback is really good; if they give you 100 exercises, they provide feedback on each one. The community is excellent; it's not managed through Facebook, it's private.
If there are any futures traders in Bogotá who want to grab a coffee, share trading strategies, and form a good working group, here's my email: samirn1610@hotmail.com
Hi Samir,
I appreciate your input, and I don't mean to offend you with my response; nothing could be further from the truth. But two months is a very short time to properly evaluate a strategy. You're speaking from your gut, not with the data in hand. Come back in a year or two and leave another comment; I'd really like to know if you still feel the same way. I also recommend you look into Order Flow and/or Wyckoff to understand what I mean when I talk about trading with volume.
Greetings
I'll write to you right away! I took the course!
I emailed you! I hope to hear back soon!
Hello, I recently enrolled in this academy, but their strategy relies too heavily on indicators. I've never been a successful trader using charts. I'd like you to recommend a place that doesn't depend on indicators and allows me to interpret the market without them, or only with the relevant ones if necessary. I've already paid the academy, but I'd rather lose that money than waste time on my training as a trader. What do you recommend? Greetings from the Dominican Republic
Hello Francisco,
If you've already paid and changed your mind, you can request a refund, or at least a partial refund, I believe. Regarding courses I can recommend that don't use indicators, there's the Futures Trading course and/or the Price and Volume course… both focus solely on price action in relation to volume. Another good option is Ferran Font's course, which covers price structure very well, although unlike the two schools mentioned earlier, Ferran also teaches you how to use Order Flow. I recommend you check out the reviews I have on the site for each of these courses to clarify any doubts you may have before making a decision.
Greetings
Thanks, I'm reading the reviews to see which of the three I should choose. If you have these as your priority, let me know. I'm not a complete beginner in the stock market; I've traded in some markets before, but to be honest, I only did fundamental analysis. Sometimes I won a lot, and other times I lost a lot. What I need is the much-desired consistency that every trader looks for and a solid foundation that doesn't depend on a single strategy. I'm recommending this because I've spent a lot of money, and I'd like this to be the last time I spend money, at least on courses, because I know that traders are constantly learning.
Hello Francisco,
I really enjoyed Ferran Font's course, and I owe a lot of my trading style and understanding of the markets to it. But I can't guarantee you'll like it as much as I did… besides, achieving consistency depends largely on developing a certain level of discipline, and that's something you can't learn from a course.
On the other hand, if you're looking for a trading course with 'intensive' follow-up (I mean a course where you send trades to the instructor, have assignments, get help transitioning to live trading, etc.), you should probably talk to the Futures Trading and/or Price and Volume people, because Ferran only teaches you how to trade, but doesn't have time for all that follow-up. Keep that in mind.
Greetings
More of the same; they're all former DTA students, so their strategy is just as bad
Hi Angelo,
I'm only replying to this one comment, but I agree with almost all the comments you've left in the different sections. I appreciate your honesty 😉
Greetings