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The Strategy Lab Review: The Manipulative SCAM

The Strategy Lab Review: The Manipulative SCAM

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Here we go again. The Strategy Lab is the subject of this eye-opening story. Sorry to those who have already lost money through the Strategy Lab school of gambling. Congratulations to those who are reading this review for the first time before opting to sign up. We’ve got lots of interesting stuff to say about the Strategy lab. We only need your attention because what we are about to say does not portray this company in a positive light. We are justified anyway.

The Strategy Lab Review

The Strategy Lab is a website that talks of price action trading strategies while selling a trading manual for a whooping price of $497.

the strategy lab review

This trading manual purports to teach students a volatility method that is subjective yet highly interpretive. It does not follow any systematic rule or trading methods. Instead, it is purely an interpretation of how M.A Perry thinks of the market.

The site, The Strategy Lab, is owned by someone who prefers to be identified as M. A. Perry. They live in Canada and use various other alias names such as NihabaAshi, WrbTrader and so on. They are the proprietor of TheStrategyLab.com. Their marketing is mostly done on Stock Twits. But they also maintain a Twitter page here.

Apart from selling this trading manual for $497, M.A Perry also runs a free chat room service. Yes, it’s free. But the repercussions come immediately you sign up. You will be subjected to a rough chat room that does not have any professional touch to it.

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There are no live charts inside this place. And we do not even understand why it is hosted on a free open source service.

What you find inside this chat room is a list of people who spend their time talking to each other. They do not call out trades. This chat room does not have any live trading activities going on. We do not even understand why it’s there in the first place. Probably that’s what people should get for free. But it also speaks volumes concerning what this service will give you if you end up paying for the trading manual.

This is a crude experience to be honest. With no live trading or proof that M.A Perry is a successful trader, one is entitled to ask questions or ignore the service altogether.

Scrutinizing the track record for M.A Perry

The Strategy Lab contains a long list of trading record which date back to a couple of years ago. M.A Perry claims that these records are 100% verifiable and are absolutely true.

The owner of The Strategy Lab claims that these trading results show how they have been trading with real money and making profits on a consistent basis.

Mr. Perry even claims that he makes $3,520,342 is pure profits and that he has never lost money in any given month.

Mr. Perry also claims that he has earned several million dollars since 2002 all the way to 2010. If we scrutinize his track record carefully, we see that this man makes profits on a daily basis. These records indicate that he only loses money once in every 30 days on average.

So you can imagine that all the occasional losses are always covered by the winning days. Ultimately, Mr. Perry ends up earning his millions from the comfort of his home.

Now, what surprises us is that in one instance, Mr. Perry appears to have traded for several consecutive months without losing a single trade. How is this possible? That a human being can trade several consecutive months and always winning without incurring losses once in a while? This is certainly too good to be true.

This is simply outrageous. Such kind of reporting is definitely aimed at defrauding or misleading traders to buy trading products that don’t work.

Mr. Perry of The Strategy Lab also claims to give his affiliates 25% of all sales generated from his products. This is supposed to earn you several hundreds of dollars each month.

The Strategy Lab is also recruiting trading coaches, alas. This is good news because finally we can get jobs. When you work with Mr. Perry, you have the opportunity to coach others on the Strategy Lab.

Once you purchase the Strategy Lab trading manual, you will have the opportunity to re-sell it again for the price of $12,000 per person. We honestly don’t know how on earth a product worth $497 can be re-sold for $12,000. This does not make sense.

Dr. Dean Handley, Mr. Perry and the Strategy Lab

dean handley

Some time in the month of August 2013, Dr. Dean did a review of Mr. Perry and the Strategy Lab where he claimed that this man was the real deal because he was able to make a profit of $60,000 in a span of 50 days. Dr. Dean says that he personally followed Mr. Perry’s trading activities in the course of 50 trading days. For this reason, he was described as ”honorable’.

Obviously we were not going to believe these too-good-to-be true stories about Mr. Perry. This prompted us to reach out to him through email with a congratulatory message first. We also wanted to express our amazement because it was unusual to come across guys who can trade and make millions of dollars in such a short period of time.

Now, once we were done with the congratulatory part, we requested to be served with some sort of a verification document that would authenticate the supposed profits that Mr. Perry made.

All this time, we were speaking to someone whom we knew was very sophisticated. We felt like we were speaking with someone who was a trading god. Someone who could literally mint millions in a very short time. Trading gurus are hard to come by. And since it looked like we had found one, we were not going to let go very easily.

Part of this conversation was held on a phone call because we really wanted to know this man. And by the way, our email communication never went as intended, which is why we opted to put him on phone to learn more about him.

To our surprise, this guy was very simple. Maybe it was our imagination that was driving us to believe that this man was sophisticated.

Anyway, his conversation sounded like someone who was so used to speaking in street slang. Anyway, this is of importance. All we wanted to know is whether Mr. Perry of The Strategy Lab had some sort of proof that would authenticate his supposed million profits.

Apparently, it became clear that Mr. Perry didn’t want anything to do with providing his track record. All we wanted from the CEO of the Strategy Lab was a month’s trading statement, even if it means hiding his name so that only figures could be seen. Again, this guy refused.

We then asked him which brokers he was using to trade. He gave quite a few. However, in all this, he sounded very evasive and kind of manipulative. It then became clear that Mr. Perry didn’t have a trading record. He has only been teaching falsehood at the Strategy Lab.

Our best advice for you

We can say for sure that the Strategy Lab is a waste of time and resources. Just focus on working trading systems like these ones.

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