I spoke with Pat and he did verify that Don made 210% last year net net. As far as I'm concerned Don is no longer in the snake oil category. My question is (I'm a stock trader) Is 210% a good return for a futures trader? As a prop trader I've made 200% of my deposit this quarter alone. So if Don made 210% last year in order for him to make 1.6 million he had to have $770,000 in his account to start with correct ???
1 whole post? This is dripping with deserved respectability... But thanks for letting us know what you think about yourself, Don
Bob, you are very unimaginative. Can't you imagine doing BOTH? Let me ask you back: Why in the world would one sign up on a website just to make 1 post, instead of trading?? See? It works both ways. By the way, those who like Don and bitching about this thread: This is actually free advertisement for him, so stop whining. Now what is wrong with discussing trading educators on net? If they are good, it is free ads for them, if they are bad, it is good for the would be subscribers. Either way I see it as a win--win situation...
we would like to but didnt meet his jelly standards. don played god in his tank, no pearly gates for us. just videos scraps for the lepers
This is my second post on this forum and my last. I suppose these forums are helpful to many folks who use it. I was simply responding to an email sent to me about this particular forum which was quite critical of Don Miller. I was only trying to set the record straight. Sincerely, Bob
Thanks for your efforts. I never doubted Don's accomplishments and profits as a trader. So in this regard, you didn't really need to post. Some people will never be convinced, even if they stand next to Don, while he is trading. But this thread is about his TEACHING efforts, and we would like to hear more about the results of the Jellies and such, specially that now they are on their own. Also what was the minimum account size required for the Jellies? Since Don averages in, I assume a student had to be able to trade at least 10 contracts at a time...
don started blog in 2008 once significant profits were made. preached endlessly how vendors are all fakes and crooks. everything needed to know was contained in blog. free. always be free. don is a trader, has no need for money. come to the blog for all trader needs right inside. claims to be modest and humble. only makes note of 200+% returns and millions made about every other blog post. once full court press for sales mode began, blog went bare. no trade results mentioned. all fluff and chatter. 180 degree turn. successful trader. worldclass salesman. fine. own it then. speak with one tongue, not two
I remember reading that Don usually starts a sequence with 15 lots, then adds 30, and then adds 45 if needed. And he said that he usually doesn't have more than 100 lots on a trade at any one time. But I might be off a little. So for a beginning trader it would be 1, then 2 then 3. Scale up from there. (2,4,8) (3,6,9), ect. Not too sure where I read this. If it was on his blog or here at ET or in a article.
So on his latest blog post he brags about how him and his team were in lock step with the market this morning buying the bottom and selling the top of the crazy oscillations. He referenced his MATD theory. Now am I the only one that finds this puzzling? I believe his MATD theory states the continuation of the trend (at least temporarily) the morning after an obvious trend day is a high probability trade. How the hell does that have anything to do with this mornings trading action? I'm starting to believe this guy is talking completely out his ass because he's beginning to contradict himself in a major way.