Does anybody know what these strategies are about? Is it standard "TrustMeIWillMakeYouRich" thing or is there reasonable background? In addition to these question I would like to know what people think about this kind of service in general. My personal opinion is that nobody sells a rich making thing for a couple of hundred dollars. I am very suspicious about people doing that. I think most of them might have this thing running for some time, but went bankrupt with another and so forth. And there is always someone who "had it" in recnet history - you just do not hear about all the other richMakers who failed in the meantime. I prefer people who published and then vanished (well, not really) - like Toby Crable. Sound more reliable to me. But I read some extremly positive comments on these two people Connors&Miller here on ET, so I wonder if there is something more to it. peace
If you do a search on "Don Miller" you will get a lot of interesting feedback. His system works, it is sometimes the trader that doesn't
You are right in saying that no one is selling a guaranteed way to riches for a few hundred dollars - because there isn't one. What these venders are selling - in most cases - is common sense. Take bobcathy1 as an example. She is a Don Miller devote. Why? Because he was able to communicate a simple common sense approach that made sense to her. There is nothing magic about his method. Nor is it all that different from any number of others. But it seems to be working for her. Will it work for you? Who's to say - maybe, may be not. Don Miller made her a believer, and that's all that counts. This ain't rocket science. Most venders put out a product that has at least some merit. Most past customers are dissatisfied because they were looking for something that was never there to begin with.
I just had a look at that TradingMarkets site that was talked about. I regard it as snake oil of the highest order. Utterly disgusting. How I would love to engage those hucksters in a public debate! Having said that, I agree with Tampa that most vendors have at least something of merit to offer. From that point of view, $50-100 - while usually balked at; afterall, it's a book! - for even one idea that could lead to increased profitability is probably quite worth it.
Both of these are excellent sites with a lot of good information. I subscribe to both yearly and have made money on either one. These guys know how to trade and they may not tell you everything but there are alot of clues. Check out Connors vix reversals, Landry on swing trades, and the Chartman. Maybe not for daytrading, but you will make $.
Most of them have absolutely nothing new to say, so charging over $100-200 for that is outrageous. I suggest that you check books out form your library. Use interlibrary loan systems for that if your local library does not have what you need. Most books are not worth their price after you have bought a few good ones.
Go to the classified section of ET....I have been trading books and tapes with other members and it is a great way to see what is out there. Also some people are willing to let you borrow their stuff for a couple of weeks. I get messages all the time from members in my mailbox.
thanks to all of you, I feel that most of you think that there is value in this service, or at least in the tradingApproach of these people. this is enough motivation for me to dig deeper. as you know there is quite some material out there and there is some that i do not want to get in touch with - like Gann or Elliott waves. I prefer strategies that are clearer to me. Thanks for your help. It saves my time. peace