The Pattern Trader (Mark Shawzin)Reviews of thepatterntrader.com

Shawzin does not keep his promises. Just before today’s webinar he asked everyone to post a good review so he can hunt new people to buy his program. He charges high fees but he doesn’t deliver on what he mentioned on his agreement. Simple things you won’t get an email from him after you paid. He will always provides different excuses. Plus there is no refund if you are not satisfied. Basically, your money will be gone. All reviews below are from members who are with him for long time. Which means that even after 5 years or so they are not successfully trading in which they need his guidance. This is not good at all. Plus he charges different prices for different people so be careful.

Maybe Mark is a great trader but since I joined his community there are no learning materials such as training videos or learning lessons. He charged me alot of money for Zoom calls only while his agreements was stating more than this. In addition, when he saw that he was losing in the live market he switched again to trading options and started promoting his options course and wants us to pay more. I am not sure about his situation, I went ahead and checked about his company registration in USA and found out that the company is registered as a consultancy therefore he is not allowed to teach. Especially financial instruments. I also lost his latest trading recommendation on NVDA and MOU. His program is not worth investing in it. You might see the previous recommendation of clients who were with him for years but since his program changed a lot I totally don't recommend it for new clients.

This is my genuine experience and review of the pattern trader and Mark Shawzin to help others decide whether or not to join. They charged me $10,000 for a two year membership which is one of the most expensive programs out there and after 6 months I have not continued and will not be continuing with them. The attraction was that they seemed genuine and the Elite program I joined should have helped me to become a skilled trader and the fact that Mark gives daily trade recommendations should have helped to pay the investment back. Marks trades lost and continued to loose money. They said be patient but 6 months of loosing money was enough. How can I aspire to break even and then be profitable when the expert is just loosing money. The training is non existent. A few patterns and channels that you can get from any book. There is no real clear strategy or edge you are left to work out your own strategy. The daily sessions with Mark are useful to have a general view of the market but it doesn't teach you how to trade. The 4 coaching sessions were useful but again they don't teach you how to trade. They do give a guarantee but don't honour it. I didnt ask for the $25,000 guarantee or a refund I only asked to down grade to a cheaper program and Mark refused. In summary an extremely disappointing experience. My conclusion is that they make their money from cleaver marketing and selling training but not from trading.

Signed up to TPT after being emailed many times with (what it seemed) a great offer. Show up to his daily zoom calls, copy Marks detailed trades and if you were out of pocket, you would be refunded. This was also backed by a written contract. Six months into the program I contacted support with my concerns that I was still making losses. The coach I talked to offered little to zero advice and just said "it was better last year". Tried contacting support again as nothing had changed but no reply. Received no further contact from support until after my subscription had finished asking me to sign-up again. I contacted Mark direct and he replied telling me there would be no refund as I had not asked for any help after six months of starting which is nonsense as I still have the email proof. He says his policy is always to operate in an honest, transparent manner... what a joke. It seems the contract we signed is meaningless and just for marketing purposes. I have tried contacting Mark direct on numerous occasions to try and resolve this matter but I never receive a reply.

My money also gone forever, they have charged me $10,000 for two years whereas, I have found out that they charged other members $10,000 for 5 years. This is unfair at all. Not only that as per the agreement we signed with Mark that if we are not successful within the first year he will refund us back an additional $25,000. But when I asked him to refund at least one year fees of $5,000 he refused. In addition, the level of education that we are receiving from the pattern trader reduced by around 75% from what they have agreed to give us. He is saying that he is making his money from Trading but I believe his main source is the education arm because he refused to refund us when we asked him. This is called scamming your money. It is one of the biggest mistakes that I ever made by joining this community.

An update to my review below. Still no communication from them. I have now cancelled my credit card. Should call them to chase/complain but I am in HK and the tz makes it difficult. Bottom line. avoid!

I requested a refund because I realized it was not legitimate. Scammed me out of 5k. Stay away from this scammer. Hes the onkly getting rich from scamming everyone out of 5k per pop.

I have to state that The Pattern Trader has certain elements that behave like a scam. My request to cancel my second year of belonging to the Elite Program has not been handled. Bear in mind that a year in this program costs $5000. The many emails I sent to the support email box have gone unanswered. Mark responded once on Jan 11th saying he had instructed the support team to attend to my request. It has been over 4 months now and I am still $5000 out of pocket. No refund and no responses to the many emails I have sent. To make matters worse, the phone number to the support team does not work. This is scandalous for a program you have pay $5000 to belong to! If I ever get my refund, I'll update my review.