A New Trader Documentary

Discussion in 'Professional Trading' started by Maverick74, Sep 20, 2014.

  1. So you mean an aspiring MD shouldn't attend med school because they teach you fantasies? How is he supposed to learn the trade then? Go attend some $300 crap course from some charlatan he found on the internet? o_O
     
    #71     Oct 2, 2014
    kut2k2 likes this.
  2. Maverick74

    Maverick74

    Most doctors get their education from the drug industry since that is mostly what they do...deal.
     
    #72     Oct 2, 2014
    marketsurfer likes this.
  3. I agree with this completely based on my personal experience. A market exists only because some people are willing to sell the product and others are willing to buy it. In this case, the "educators" market exists because they have something to sell that people want to pay for. Its as simple as that. I used to blame them before having spent an incredible amount of time and money on many, many different systems, indicators and mentorships and not having anything to show for it. Now, I know what I have is something that 90% of traders don't and I wouldn't know this if I hadn't been on the grand tour of this "retail trading education" fantasy land and seen almost everything that is available out there for retail traders.

    Ironically, the most valuable asset in my trading toolbox is something I learnt right here at ET for free but it was valuable to me only because I had seen all the other "educational" material out there and I could use that as a reference. Had I seen Mav's posts on the ACD thread 5 years ago, I would have considered them close to crap and moved on. The emphasis here is on the word "learnt" because as it is with many other crafts, trading cannot be taught, it has to be learnt.
     
    #73     Oct 2, 2014

  4. Mav is biased against peeps who vet out vendors. Justified or not, dunno.
     
    #74     Oct 3, 2014
  5. Maverick74

    Maverick74

    Nope, not at all. If anything, I'm against the stealth vendors that operate on ET under the guise of "helping" others. I have no issues with people who run legitimate businesses.
     
    #75     Oct 3, 2014
    sellindexvol66 likes this.
  6. chimera

    chimera

    are you f*** kidding me?

    Some poor bastard on disability at home not made a penny in 6+ years. Some poor nurse that borrowed £6k to day trade stocks and lost half of it..i presume she lost the rest. They bought into your "dream" B*S* and pay a big price for it. All those suckers at the expos...what a crock of sh**. Should ***** outlaw you lot

    A group of old,dodgers wasting time trying to play the market....good luck to them but i'll guess they break even at best.

    Now, you had those 2 guys managing o.p.m in forex....seemed like gamblers to me. |But we'll see.

    And that arrogant, cocky, guy who claimed some hedge fund just invested £50million with him and he was a millionaire through trading forex...something didn't add up there. If he was legit then he's the first i know about. But i suspect he makes his money elsewhere.

    Yes i can believe the brokers, the HFT firms are the ones making the money..the only ones. That's my point you chav!

    Now move on and sell on clickbank or something
     
    #76     Oct 7, 2014
    Aj2014 likes this.
  7. chimera

    chimera

    aha.....thought so. I thought he made his money from his fitness things but i knew it wasn't from trading..Thx for that. yes funny no-one thought to mention that....strange...probably realised no-one was actually making money.


     
    #77     Oct 7, 2014
    trickshot likes this.
  8. Aj2014

    Aj2014

    Does seem as though all of the money in the trading industry is made from selling rubbish (courses/secret indicators/etc) as opposed to trading (where everyone actually loses!)

    Looks like he's doing OK for himself from his EZeetrader rubbish!! Wonder how easy it is to get rich from doing something like that? Could anyone do it??
     
    #78     Oct 7, 2014
  9. chimera

    chimera

    this is 100% true.
     
    #79     Oct 7, 2014
  10. chimera

    chimera

    vendor has 100% mechanical system that make sproifits over time. 100% mechanical.

    Joe public buys system but over time does not take all the signals, changes the rules, makes "better adjustments" Loses money. Labels Vendor "scamming b****" Everyone on the forums/blogs agrees with him.

    That's about how it goes. Amazingly.
     
    #80     Oct 7, 2014