Elite Trader trading forums (that are purportedly moderated) contain a great deal of false and inaccurate trading information that can result in great losses for those that buy into that information, and the owners of the site also turn a blind eye to the many outrageous racist, Antisemitic, and anti-American posts that have nothing to do with trading and are posted by its members. Elite Trader is a case study in false advertising. The site is a sham!