Is Patrick Nill Really Legit? World Class Edge?

Hi Guys,

Recently a so called world trading champion has come out with his own course, i believe there team behind to assist with selling/mentoring. They charging thousands of $$$ this is site:

https://www.worldclassedge.com/patricknill

I’m thinking of purchasing the elite package? Any ideas if “too good too be true”? Sketchy, let me know.

" The Journey of Patrick of Staying 9 times in the podium of the Most Trading Competition in the World"

Btw 4x world champ or something.

Cheers

If I would have been in your place, I would never buy any course. You see this industry has a conflict of interest on retail trader. I am not saying that Patrick is not legit but. What works for him is not guaranteed that it will workout for you as well. But hey! please do share your experience with us if you buy the course.

Thanks!

I’m the best and I don’t sell no courses

Try it out, let us know. :rofl:

Nah it’s a scam

I see that guy Patrick all over YT. Is he the scam or the World Class Edge?

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Why do you think so?

They seem pushy and no recent track record

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Those are certainly two pretty compelling and normally accurate reasons from which to deduce that it’s a scam.

A third (and probably even more reliable) one is that people with a “world-class edge” aren’t selling courses, don’t need to, and obviously wouldn’t want to.

I agree about first, but what track record are we talking about? In the robbins cup annual competition, Patrick is in third place at the moment

People who are well placed in competitions like that are those whose trading one should never try to emulate, and in whom one should never invest.

Those competitions are designed to reward crazily reckless trading (and can’t, in fact, be won without it). Exactly what one wants to avoid.

The classic example is perhaps Larry Williams, who won the World Championship of Trading and various similar events a couple of times, by doing exactly what you need to do, to win those things. Obviously enough, not very long afterwards, regulators were giving rulings about his own fund (to which he had attracted investors, using the “competition wins” as publicity, which was of course the whole purpose) and publishing findings that he had deceived the public, various fraudulent activities, and so on. The investors never got their money back, needless to say.

Absolutely NOT the kind of track-record one ever wants to see, in other words!!

Inexperienced traders will look at something like that and say to themselves something like “Well, this guy must know what he’s doing.”

Those with more experience will say “Wow, this guy must be really desperate to sell me something.”

We should be listening (and carefully!) to those with more experience. :slight_smile:

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For Larry Williams, I can only found public info about the rulings against his misleading promotion of his trading system, not related to a fund. Do u happen to have news or anywhere I could look into. Just try to know better behind all these promotional things, and find the real stuff. Thanks

I really don’t know how easy or difficult it is to find online, but my original source for it was “Futures” Magazine (from about 1990).

In 1988 he launched the “Larry Williams Financial Strategy Fund”, managed by himself, and in 1989 the “World Cup Championship Fund”, managed by himself, Jake Bernstein and others.

Both these funds lost more than half the clients’ money in just over a year(!!), but apparently he concealed all that while trying to raise still further funds from still further clients: the NFA fined him for not reporting to potential clients that his managed accounts for clients had lost fortunes, and the regulatory ruling said that this concealment constituted “deceptive and unbalanced promotional material and disclosure statements”. But I haven’t actually got an online link to it, sorry.

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His course is total crap. I watched all patrick nill elite course.

You can find online for free.

Hey from where did you find his course could you drop that website??

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It’s in the very first post above.

Yes - Larry Williams ( a respected trader) should be ashamed of himself - He used John Kelly’s crazy system and gambled wildy! Unfortunatly the gamble paid off, but the whole episode was absolutely shameful.

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That’s patrick website. He is charging so much fees around 2.5k usd

Correct. It is a high price to pay.

However, sharing of copyrighted material is against our Forums Policy, so any links to 3rd party websites sharing such content will be removed. Please don’t share such links or ask for them.

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First, thanks for sharing your experience and sorry that you weren’t happy.

As a fellow trader that is considering joining this program, can you share some other details, so me and other traders can avoid getting ripped off?

Like; how much did you pay?, apart from pre-recorded course material, did you not get any value from; mentoring, Pre-market sessions, discord etc etc? Please elaborate a bit more if possible!

Thanks again! /Chris