http://www.donmillereducation.com/38945.html Here is the video on jellies. his material makes sense, but i still don't get the charging thing. if he wants to donate all the funds to the charity that would make better sense than a small fraction and keeping the rest.
As someone who knows Don and has seen him trade I can tell you that some of you guys are really making asses out of yourselves on this thread. I must admit that it is entertaining though
Don is a nice guy. successful trader, profitable, consistent, equally true a self absorbed ego maniac. own it instead of deny it. simple.
Hey, at least you tried, although failed at leaving. You asking others for broker statements IS offtopic. This thread is about Don's teaching efforts. Now this should be pointed out for every idiot who doubts Don's profits too. This thread is about the effectiveness of his teaching and not if it is ethical or what not. Now I don't expect the generic ET posters to understand that, so I will just sit back and enjoy the show (it is entertaining) until more data comes up about the Jellies...
Jellies update, Don wrote this on Friday: "as I received a note from a member of the second team today -- after only his first week in the tank --indicating he'd strung together five consecutive four-figure days for the first time ever, on only 20% of the number of contracts he'd traded in the past. I'd say myth busted. Congrats Marco."
Today on Don's blog he admits that his DAX trading creates much of his income: "Frankly, much of my recent ES income has come from trading between 4:00am and 9:30am ET, and my DAX trading has been far more profitable this year than in 2008. This has especially been true recently as I've ramped up the "seriousness" of my personal trading by getting to bed earlier or sacrificing some sleep to mirror some of the dedication and commitment I showed during the 2007-early 2009 stretch, before deciding to restore the body and soul over the summer. And as I write this tonight, I see ES has broken out of its intraday logjam, and yes, I've been trading it." And that he has taught this to his jellies: "As has often been said, one has to fish when the fish are biting, which is why I devoted multiple portions of the Jellie Study Series Webinars to the critical relationship between Europe and U.S. markets during the 3:00am - 9:00am timeframe." And from this part it is quite obvious he made quite a lot from trading the DAX overnight during his $2 million stretch: "As is typically the case, we reap what we sow, and the extent of our trading earnings is a direct reflection of the time and effort we choose to put into this business. Such was the case during the recent $2 Million stretch where I made sacrifices few would ever think of making, before easing off the accelerator over the summer." It is obvious that Don is reading this thread. Now another question for Don: How does one make a big portion of your $2 million stretch trading the DAX and only average $5 a turn?