The Pattern Trader (Mark Shawzin) Reviews 431

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.

I am a member of this group long time , no benefits . I pay the life time membership, but I haven’t received any weekly trading advice for 4 months, no reason,I wrote email many times, but no answer. I lose my membership whenever I benefit or not, I am so sad

I have been with Mark for several years. I have made a great deal of money by following his system. Mark explains in detail what he is looking at, on the chart, and what he thinks price will do. He is correct most of the time. His training is right on. If you learn his system and follow it, your account will grow. Mark repeats often that we take trades with small risk and large rewards. If the trade doesn't act the way you think it should then get out, and look for another trade. Dick M

There are hundreds of different trading mentors and companies out there of which most of them I have belonged to over the 15 years of trading, so I have personal experience which ones work and which ones were a waste of money.

I joined The Pattern Trader with Mark Shawzin over 6 years ago and he is my #1 Mentor for his insight and education on how to "read" the markets based on price pattern alone.

It's amazing how much money you can make when you simplify the process!

No more crazy looking charts, no more having to stay up on every news article to try to guess the markets next move, no more sleepless nights wondering if I placed the "right" trade.

If you have a passion for trading, Mark would be the person to go. He's honest, shows his trades, what he would and would not do in certain trades, explains everything along the way. He does not complicate things. Instead he makes it so easy to understand a five year old would get it.

Members always look forward to his morning live Briefs throughout the week before the market opens where you can interact with him with questions as well as his emails the afternoon before to set up for the next day trades and the Sunday recording of what to look for in the upcoming week.

If I had to choose just one Mentor and had to get rid of the rest, it would be Mark Shawzin at The Pattern Trader. He really is the best!

Mark is a great and responsible person and have a great knowledge and experiences in Forex and stock market. His strategy for trading is amazing and produce great results.

I have been with Mark for the last 5 years and before that I was listening to a lot of different traders. Mark is brilliant at what he does and an excellent trader with many years experience. Since I've been with Mark I have continued to make money trading.

Mark is the most important mentor I have had as a novice trader. Since then, his expertise has led me to understand price action, which is invaluable. Absolutely, 5 stRs.

Listened to some of Mark Shawzin introductory webinars in 2021 & 2022 and wished that I had subscribed as he called the top of the market late 2021 before it declined.

Mark is a wonderful person and have a great knowledge and experience of stock market. His strategy for trading is amazing and produce great results.

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 am writing a review of The Pattern Trader service.
I have been an Elite member for over a year now.
This is my opinion of the service.

So to start, it is not a scam, as some people on here say.
You pay for a service of stock trading mentorship. You will receive that.
There is a daily Zoom call that lasts about 30 minutes where Mark discusses his view
on the market through what patterns the charts are making, which is his system.
You will also get a daily email with a stock or Forex trading idea with the chart
drawn out to show entry / exit. Risk and reward. Mark does consistently emphasize that.
So if you follow every day, then this concept will become more natural to you and should
be part part of your daily analysis. Plus you get access to all his educational material.

So this is what you get for your money.

Now things I have issues with:

It is difficult, if not impossible to get a refund. I think this is why people think it's a scam.
You will get the advertised service, but if you think it's not for you or are unhappy, it will be difficult
to get any money back. His administrative staff is bare bones so that may be part of it. And the criteria for
a refund is onerous. I personally did ask for a refund. Whoever answered my email just demurred and said they
would mention it to Mark. Now, guess what. Mark himself called me back personally to discuss things.
He took over 30 minutes to discuss the market and system, etc. So that was kind of him. But, guess what.
Still no refund.

I purchased a multi year plan so I guess I'm in it for a while. I would recommend not purchasing more that one year.

Now perhaps a bigger issue. The system itself. Or the trades that come in the emails and other things that
Mark has mentioned in the Zoom calls are not working very well. At least not for the last 18 months. Mark is
regularly saying things aren't working and we should just wait until the market starts trending again. I find this
a bit disconcerting since the patterns are the patterns. Why would you need a trending market to if the patterns work?
Some of you may disagree with me on this, saying the overall market dictates things, but my understanding of the pattern
trader system is that the patterns of a stock should prevail despite that.

One thing I find quite frustrating is that Mark will regularly talk on the Zoom call about how much money he is making daytrading stocks
and options. Basically using a system that is NOT the swing style of the pattern trader but rather daytrading options. I find this
frustrating. This is supposed to be swing trading not daytrading. Furthermore, a lot of the stock picks he puts out on the nightly
email, he is already in with options. So in the morning when you enter the trade, he is already closing his options positions.
He has now gone to offering an options service completely different from the pattern trader. So I signed up for swing service and I now have
a daytrading service. I'll let you make up your mind on this. You could say he's adjusting to the environment, but I find it annoying.

A lot of folks do like him and his service. Personally I find him genuine, but I could go either way, based on what I said above.
There is enough good to have you consider his service, but I have some issues.

I find it really difficult reading some of the negative reviews. Not my experience at all of working with Mark who I find to be direct, honest, committed and loyal to his subscribers. I've been working with Mark for 2 years and just getting into his new options program. Just made £1.5k from a Tesla trade, £1.3k from a DIA Call option and now just jumping into Roku and SLB thanks to some great analysis on the price action from Mark. But I'm also learning to stand alone too - looking for my own great price action. Made around £3k from Twilio from various trades. I think Mark is great. I've turned my original £6k investment into more than £20k in just over 2 years so I would absolutely recommend working with Mark if you have a genuine interest in understanding patterns, are prepared to take some risk and have the drive and discipline to learn. If the answer is yes, you'll make some money.

I bought DIA options for $2.90 and sold for $7.15 in less than a day

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 been watching Mark For several years now and I am now a member of his elite program. I noticed a negative review regarding refunds. I would like for you to understand that there are others that mark has dealt with that tried to scew him up. They are no longer with him. These people were not the most Honest, and has unfortunately has caused his website and support team turmoil. It breaks my heart that others have caused him so much grief. He is in mop up and reorganizing phase rght now, so please keep the negative reviews in perspective.

Mark doesn't Need to do this business at all. I have watched him make hundreds of thousands of dollars in a few days. He has done his business to give back to the community.

In brooklyn we say that Mark is a "stand up guy." Mark shoots from the heart and I have found him to be a very caring person. This is the type of person that I choose to be friend with, and I wish that I could be Mark's friend. I trust him implicitly, and he is all about giving value.

Mark has decades of experience to share and has a uncanny ability to know when a market turns for you to
" load the boat up " and make alot of money.

Mark is special and you can learn from Mark what you won't learn from others. I know this sounds a bit odd, but it is True as I see it. Mark enjoys sharing his knowledge of pure price analysis of charts. Mark teaches you his thinking out loud, and you would miss out on special situation opportunity to make money and educate yourself to be a successful trader if you pass him by.
Check out his new program!

I have been with Mark and The Pattern Trader for a little more than 18 months. I have had the distinct pleasure of experiencing all 3 of the common market movements (Up, Down, and Sideways) during my short time with The Pattern Trader. Mark continues to impress me with his knowledge and insight of the markets. He is willing to teach, share his knowledge, and provide opinions that are genuine.

Before joining The Pattern Trader in late 2021, i was a Buy and Hold investor for many years and mostly prayed for prices to go up, without following the markets too closely. I started out small with the weekly Underground trader sessions at The Pattern Trader but quickly found value in the Elite program community and the Boiler Room sessions 4 times a week before market opens. Mark recommended getting out of my long term positions at the perfect time before the market retraced to lower levels. Since then, I have completely changed my mindset and won't be a simple investor anymore for the rest of my life.

I am treating my time with The Pattern Trader as something similar to learning a college degree in price action trading. It is something that requires time and effort to learn, plus additional time to master and understand the market whipsaw effect. The Skool platform allows for me to connect with other like-minded traders in the community. I can share ideas and gain confidence or simply comment on their ideas so all of us can learn. I only regret not finding out about the program sooner.

I wanna say thanks for every things i am learned from in the past time and joined elite program and it was just a good exprience and much use full for me to learn what is really trader and how come it be a good trader.
You are Amzing Mark Shawzin!!!

I really respect you and what you are doing... I like that you share how you think and the back and forth that happens in your mind... As it shows that there's a constant struggle, but it's about what you teach, managing position size, the trade itself, how to enter a trade, how to find good pockets of risk/reward...

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.