Hawkeye Traders is a lengthy time trading instructor and index”sales store” with the center proclamation that trading volume forecasts price management. The trading area is a 1 hourweekly with no live trading. Rather, the trading area functions as a platform to exhibit the trading indicators, mainly in hindsight.
The person who owns the business, Randy Lindsey is surely a wonderful person who has good intentions. But, his claims about being a”full-time dealer” couldn’t be confirmed. No individual trading functionality is revealed. We have to simply expect that the trading signs will get the job done.
Maybe later on, if Randy Lindsey can create some type of verifiable history, then we could draft a new inspection. As things are presented, there’s not much to distinguish Hawkeye Dealers from many other trading teachers selling products which seem to be like Hawkeye Traders.
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Thanks for reading today’s review of Hawkeye Traders
What’s Hawkeye Traders? The business is a day trading, swing trading, and position trading instructional firm. The core value proposal revolves round a set of trading signs, which allegedly have a mathematical component.
The company appears to have originated sometime in 2006, as per Archive.Org. The original founder of the company is a person named Nigel Hawkes. Recently, the company was sold to a person named Randy Lindsey. The Hawkeye Traders website describes Randy Lindsey as an Electrical Engineer that worked for the United States Air Force as a research engineer. Randy describes his trading journey beginning with having half of his retirement account lost during the crash of 2000. After this difficult experience, Randy then began the oft-repeated tale of hiring many different trading “gurus” that lead him down the wrong path.
His experience with various trading “gurus” was disappointing and left him with multiple trading accounts that were wiped out. Sometime in 2005, Randy purchased the Hawkeye Traders educational package and suite of trading indicators. The indicators worked so well that Randy quit his day job as an engineer and supposedly became a full-time professional trader.
Randy Linsey asserts to be a fulltime expert dealer. However, what does that really mean? That is where things become confusing and tricky. Regrettably, Randy never cites any type of person trading functionality or yearly history. As a reviewer of trading goods and trading teachers, the fundamental question I ask myself…where’s your track record? Employing a variety of alias titles, TradingSchools.club achieved to Randy Lindsey and asked for some type of confirmation of trading effects. Regrettably, none might be supplied.
Does this imply that the Randy Lindsey is still another trading scammer? No.
The Live Trading Room
Since TradingSchools.club could not convince Randy to release individual trading performance, our next best option was to attend the live trading room and evaluate from this perspective. The trading room operates every Wednesday at 9:30 AM Eastern and last about one hour. TradingSchools.club anonymously attended and recorded three separate trading room presentations.
Unfortunately, the live trading room is not a ‘live trading room.’ It’s an hour long infomercial packed with well-curated examples of hindsight trading scenarios. Considering that the Hawkeye Professional Package of trading indicators comes at a steep price tag of $1,997, I was expecting more. Much more.
In my opinion, the ‘live trading room’ had the feel and veneer of an automobile showroom. But not just any automobile showroom. Not the flashy and semi-exclusive showroom reminiscent of a Mercedes, Audi, or Porshe showroom. Nor a middle-class showroom of a Hyundai, Nissan or Toyota. But the Hawkeye Traders/Randy Lindsey showroom very much feels like the experience of shopping for a new Buick. An upscale General Motors. Not too much bling, but just enough.
Randy Lindsey’s “sweet spot” audience are middle-aged and retired folks. The type of people that are not looking for the orange Lamborghini experience. In truth, I sort of like Randy’s style, demeanor, lack of hype, and a general niceness. He is certainly not a hyped up con artist promising that all of your hopes and dreams will be answered with his magical trading indicators. Instead, he attempts to portray his product as something that average folks can use to better manage their retirement nest egg.
Lack Of Science
Randy Lindsey definitely believes in his trading indicators. He is a true believer. And he has a conviction that you can feel and appreciate. But are his convictions rooted in science and verifiable fact? Do his trading indicators pass the test of statistical significants? Since we have no individual track record in which to judge how well these trading indicators perform, we are only left with a vague supposition. A general feeling of ‘I hope this works.’
He’s a wonderful man. He seems smart and has a rather folksy manner of selling his merchandise. I wished to think! Sort of how we wish to trust that the television evangelist. We hear the concept of goodness and all goodness contributes back to Jesus.
In the center of the debate, we’re just left with just two factors to judge the item. First thing is that a verifiable history. Regrettably, none might be supplied. The following thing is if the multitude of trading signs have any type of mathematical advantage which may be defined. Today’s contemporary trading platforms have the capacity to program notions and backtest. It seems that all Randy’s trading thoughts have been coded in the kind of indicators, which consequently ought to be quantifiable and quantifiable. But, no backtesting of these Hawkeye Trading indexes are supplied.
In the conclusion of the afternoon, we’re anticipated to only hope and have faith. Although Randy is well intentioned, I’m not so certain the route he’s enthusiastically promoting contributes to the promised land.
Tough Review To Write
Writing a review of Randy Lindsey and Hawkeye Traders is a tough review to write. In my heart, I don’t believe Randy is a bad guy. And after an exhaustive search, I can find very little negative information on Hawkeye Traders. Considering that the company has been around for over 10 years, you would think that quite a few bad reviews would have appeared on various trading forums. But the truth is that very little negative information has been written. In addition, no negative reviews or complaints have hit my inbox.
I would love to write a positive review of Hawkeye Traders. But unfortunately, the big stumbling block is the lack of an individual track record for Randy Lindsey. Perhaps he will be swayed by this article and provide TradingSchools.club with something substantive. A track record of the proprietor. Something that shows the audience that he is actually using his product, and can substantiate his claims that he is a “full-time professional trader.”
I don’t dislike Randy. And I hope he does not dislike me. But at the present time, I think it would be nuts to blindly send this guy $2000 for trading indicators with no proof that they actually work. Or, at a minimum provide a statistical backtesting report that shows some sort of trading edge.
Thanks for reading. If you have had any prior experience with Hawkeye Trading indicators, I would love to hear your opinion. Thanks again, and don’t forget to leave a comment below.