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Page Trader – A Big Scam, Review Reveals the Truth

Page Trader – A Big Scam, Review Reveals the Truth

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Estimated reading time: 6 minutes

If you want to trade stocks/futures, a company named Page Trader is at your service. If you want to learn swing trading, this company is equally at your service.

The problem is that Page Trader is only run by investment charlatans whose sweet words can never fail to convince the masses — as long as a greater fool exists.

The Wild Wild west territory that Page Trader and similar scams hold are a complete no-go zone for any serious investor looking to earn returns for their hard-earned money.

Page Trader is owned and managed by two long-time investment hustlers called David Williams and Gerry Fagnant.

Apart from a live day trading room service, the company also delivers trading signals which cover 16 different investment instruments.

Gerry Fagnant is the only moderator of the day trading room offered by Page Trader.

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Note: If your language is not English, you should use the language dropdown menu at the top right hand side of their page to select your language.

As always, the internet is our friend because it does a good job in exposing investment thieves.

A quick background check reveals that a guy named Gerry Fagnant was banned by Finra from participating in the securities industry some time in 2016.

fagnant of page trader barred by finra
Enlarge image to see details

Mr. Fagnant apparently convinced his victim to invest in a private promissory note worth $325,000 from their securities account.

As soon as the money was wired, Fagnant simply deposited the money into his checking account. The money disappeared like fat on a windy day.

Finra says the money was never returned to the owner. And now the one Mr. Fagnant is offering investment advice through a rogue website called PageTrader.

Page Trader Overview: what do they sell?

The icing of the cake is a Master Forecaster Investment course and seminar going for $8,495 per head. I hope you can see why this is not a small scam.

A quick check on the website reveals that Mr. David Williams is selling a super-secret trading indicator called The Reflective Wave.

This tool predicts when the market will top or bottom with 100% accuracy. It works in all financial markets not limited to stocks alone.

This revolutionary trading indicator works on various time frames regardless of whether we are talking of a 5-minutes, 1-hour, daily or weekly time frames.

To add insult to injury, this man claims that this indicator can absolutely tell where price will go infinitely.

As if this is not enough, Mr. David Williams of Page Trader says that he has been working with this financial formula for the last 2 decades.

According to his biography, the year 1995 was his turning point because it marked a time when he gathered various trading professionals to demonstrate how his secret worked.

Apparently, this group of investors were glad and shocked at the same time. They each paid David 25K (that was a lot in 1995) to learn about the secret math algorithm.

However, one of the conditions for learning this secret was that a trader would sign a legal document forbidding them from telling this secret to the world for life.

Now, you can image that David has finally dishonored his vow, and is giving away this secret formula to a few selected serious investors.

For a small fee, the secret can be revealed through Page Trader. It will unlock the immense world of Forex and stock trading. You will get access to inexhaustible wealth and prosperity.

However, before you get the ‘secret’, you will be required to sign an iron-clad non-disclosure contract which prohibits you from sharing the secret. I hope you’re seeing how investors are being restricted from spilling the beans folks!

In addition to selling this secret formula, PageTrader is also selling a number of Vegas-style buffet of trading products.

Alert via text message is charged at $199 per month. If you want to swing trade using reflective wave formula that is currently used by the richest money managers, forking out $7,500 per year will suffice.. not to forget that Page Trader is also selling an investment course worth $8,000.

So, where’s the track record for these trades?

You expect proficient traders to keep a detailed and accurate record of their trades for purposes of proving their investment prowess.

Unfortunately, brokers’ account statements are not available, so David and Gerry send us to this page instead – Pagetrader.com/past-performance.

Actually, it’s a shame that PageTrader does not have broker statements to show its potential clients. Secondly, that page does not give us any past performance results, let alone fabricated ones.

page trader scam no past performance

It looks like this Reflective Wave thing stopped working. We can’t see any past performance on that page. How is this possible when that formula is being purchased for a whooping sum of money?

So, what about their live trading room results? Can the magical powers of this secret formula come alive once you’re here?

Some time this year, we got an opportunity to participate in the alleged live trading room which is run by Jerry Fagnant.

Throughout the session, we never saw a live or simulated trade activity. Instead, they treated us to a steady flow of ”buy and sell zones” fortune telling.

The commentary was like this: ”if price gets to X, then we can expect price to get to Y and definitely Z.”

It was an obfuscated mish-mash of interesting financial story-telling: the kind you’d expect from sooth Sayers and rogue investment hustlers. Guess work at its best!

In fact, the live trading room offered zero value while raising expectations high. It was like a bag of cookies branded with Latin words.

The main problem with these guys is that neither of them will make clear and precise trading recommendations. They operate from the sit of a fortune teller where they will magically announce that a trade has been won.

Once again, when asked for evidence that these trades were taken from a live account, the two charlatans beat around the bush. The answer is always this: ”learn to feel the Reflective wave”. What does this mean for heaven sake?

What’s the location of Page Trader?

We cross-checked the address on the website of Page Trader and realized that they were operating out of 810 North Main Street, Las Vegas.

Interestingly, a simply Google map search can reveal that Page Trader ‘runs shop’ out of an abandoned store front between Tranny Service and Max’s Auto Repair. Next is Emma’s Closet — which sells home decorations, secondhand clothing, and toiletries.

When we spoke to owners of these premises on phone, they said that they were not aware of Page Trader. They also admitted to the fact that they were not familiar with anyone called David Williams or Gerry Fagnant.

It turns out that the exact place where Page Trader claims to operate from used to sell Mexican food before the shop owner moved to another place.

Truth is, Page Trader is a scam with false physical address. You now know the truth, thanks to the highly efficient nature of Google maps. It’s easy to bast scams like Page Trader.

Our Best advice for you

You can see that this website is built with lies from scratch. With a rogue reputation and none existent success records, these charlatans have set the stage to con you a lamp sum of money.

The good thing is that we are warning you now and even recommending cheaper, more secure investment products that will make you reasonable profits in the long run. Get these affordable products here.

Summary
Review Date
Product Name
Page Trader
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One Reply to “Page Trader – A Big Scam, Review Reveals the Truth”

  1. I went to one of his webinars and was a total waist of my time cero value only a sela pitch and if some one has a holy grail he will never sell it, he will make his money trading his secret not selling

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