Your right! These guys are all DON! Nothing but DON! It's a Donderful world! I guess my question about his fantastic $5 a RT profit blew his mind because he didn't put up a post on his blog today. Sorry DON. Didn't meant to freak you out so bad.
Someone should phone this number and ask the Broker to email them Don Miller 2008 brokerage account statement (with address and account number etc removed). If Miller has given the Broker permisssion to discuss his profits can anyone see why the Broker cant give this out?
Why make things complicated ? Just ask DM to put up his brokerage statements on his website... I doubt he has them , look at the HYPOTHETICAL DISCLAIMER on his site > http://donmillereducation.com/./6322.html Besides , donating money to a charity is something a lot of scammers do, makes them look as 1 of the good guys who don't need your $.. If he really made $1.5 million, why donate only 15 % to charity ? If he really made $1.5 , donating the $200,000 from his 20 jellies, should be peanuts, think about it...
wow, it's sick to see so much wrongful venom spewed towards don. btw, although his old tradingmarkets program wasn't worth much, trading markets does have some good stuff (and some outstanding stuff) mixed in there. overall, TM is better than most of the pay sites out there. and, no, i've never met him, bought stuff from him, gotten money from him, etc.
To all you folks who consider Don Miller a liar and demand he show statements. I don't think there is anything he could do to prove what he said he accomplished in 2008 or at any other time. First of all, my statements are 6-10 pages per day depending how many contracts I traded. Do you want him to give you all his daily statements for the year? Or how about his beginning statement ending with his last statement of the year. And even if he posted those statements he could easily change them to suit his quote "lies". You could also ask his broker for his statement but according to many of you his broker is probably someone who lacks integrity and so could make them up to. Then you might say, well Don or his broker would be liable and could be sued and taken to court. Please tell me, who is going to waste their time with the all American game of Litigation. From what I read on this forum it is a no win game for Don and anything he would do (whether true or not) would still be taken as a lie and someone who is simply duplicitous. Bob PS IN READING THROUGH THIS FORUM MANY TIMES PEOPLE DEMAND OR WANT TO SEE STATEMENTS AND I HAVE NEVER SEEN ANYONE SHOW A STATEMENTâPLEASE CORRECT ME IF IâM WRONG
I know Gilbert and just wanted to give you guys someone else to attack as a liar and egotist Bob http://wallstcheatsheet.com/trading...ing-the-tape-trading-into-a-position/?p=2462/ Reading the Tape: Trading into a Position Posted on October 08 2009. Tags: Gilbert "Gman" Mendez, Professional Trader, Reading the Tape, SMB Capital, Stocks, Technical Analysis, Trading, Trading 101 Gilbert "Gman" Mendez I am the kind of trader who can sit down at 7:30 AM or in the After-Hours and pay the offer or whack the bids in a stock if it is actively trading. If you turned off all of my charts, my news feed, and just provided me the Level 2 quotes, I could sit down and make money 90 percent of every trading day in any trading month. My charts and news feed are like a mouth-watering desert, delicious for some meals (or trades) but not essential. I do have a sweet tooth for the wild volatility right on the Open that many do not have the trading skills to master. Almost all of my profitable positions work right from the moment I get in during these volatile trading periods. This is not necessarily true of my positions during other time frames, which requires more patience to trade into a big position. And this is the topic I want to talk about today. Often traders confuse trading into a position with scaling into one. To me scaling into a long position means buying X amount at a given price, buying 2X ten cents lower, and 4X a quarter lower with a stop 40 cents from the initial entry. In essence the trader averages down the position and ends up in a position with an average price near the second buy â potentially placing the trader in a position of weakness. But these traders are loaded adhering to that timeless trading mantraâ¦.Go big or go home. Well these traders are in danger of being sent home by the market. To me trading into a position offers the better risk/reward. This means using tape reading skills to determine whether it is likely that you ought to load up at a price different than that of your dream price (sometimes higher and sometimes lower). Trading into a position requires you to make a bunch of small trades. You are getting a taste of the stock. Some of these trades end up being small winners and most of them are just scratches. Often this gets misunderstood by being undisciplined or impatient as it requires making small trades to get a taste for how weak or strong a stock is near your levels. How do I say this nicely? Wrong, wrong, wrong. On our trading desk, SMB Capital, we call this paying for information. And doing so allows us to increase our size, improve our win rate, enter trades others are not in, and limit our risk with our bigger position. Overall you may make just a little bit of money and it may seem like too much of a grind. But remember these smaller trades, this stock tasting, provide me with valuable information about my stock. By being in them I can get a feel for how easy it is to get a sale on the offer; how easy it is to get hit on the bid; how quickly I get chiseled on the offer when I try to sell; what the reaction is to me hitting the bids or paying the offer for more stock; what the selling/buying pattern happens to be, etc. Further, the real risk to me is not losing a minimal amount on a few small trades. The biggest risk is missing out on the opportunity all together if the stock does not get to my dream price. The real risk is not loading up at levels higher than my dream price if the tape indicates it. I often hear from traders that they rather miss a move all together if they do not get the price they want. This is specially true of swing traders. And I get their concern. They want to be disciplined so that if the stock does get to their dream price they are not in a position of weakness. This is not what I am proposing here. I canât think of the last time I traded into a position and felt that way. In fact, making those small trades often solidifies my conviction and makes it less likely I will get shaken out. The big difference is that when I scale into a position I often end up with my biggest position near (within cents) from my dream price. But I also find myself being in many plays with my full size and with same risk profiles even though they never reached my dream price. I do not call that being undisciplined, I call that trading. This is an important skill all traders should develop. I do not believe in the all in or flat mentality for getting into positions. It works for some, and it doesnât for me. Obviously if you have a system that works for you already then stick to it. But this technique may help those of you struggling with missing moves or who find themselves averaging down constantly. And that would just be delicious! I will look through my video archive over the weekend for a video that illustrates this technique so I can present it on my next article. Happy trading!