Don Miller 2.

Discussion in 'Educational Resources' started by Pekelo, Sep 21, 2009.

  1. xednise

    xednise

    This place is so amusing and predictable too, great stuff people, lol. Keep it going, great entertainment value.
     
    #361     Nov 11, 2009

  2. It sure is !


    Just got this friendly PM from our beloved Don..ah Bob

    [​IMG]


    You hate the badmouthing because you have no experience with him , makes perfect sense...LOL

    Keep it coming...



    P.S. I would go back behind my PC and make loads of money, why waste your time with losers like us ?
     
    #362     Nov 11, 2009
  3. bobfrank

    bobfrank

    PureTruth: How is it you are so ignorant when it comes to the CFTC Disclaimer which is required by law in the NFA Manual/Rules? You will not find one Trading Educational Forum that does not address the issue of Hypothetical Results because they are required by law to put it in. Trading Futures is not the same as driving a car and your analogy is goofy at best. Please read the following so you will know what you are talking about next time.

    http://www.forexlawblog.com/nfa-compliance-rule-2-29/ (Read (c) Hypothetical Results)
    http://www.forexmentorprogram.com/hypothetical.htm
    http://www.trade-system.com/aplus.html
    http://www.csidata.com/cgi-bin/UASy...mmary&system=SH
    http://www.smbtraining.com/TrainingProgram

    Bob
     
    #363     Nov 11, 2009
  4. bobfrank

    bobfrank

    The disclaimer is not referring to Don's trades but to possible trades students would take and that is the reason for the hypothetical disclaimer. The link to invest2forex does work--you just need to learn to use a computer.

    Bob
     
    #364     Nov 11, 2009
  5. You still missed the point of the total transparency Don demands, personal results, results of jellies..


     
    #365     Nov 11, 2009

  6. You still don't get it ?

    The hypothetical disclaimer is referring to the fact that students are being taught a hypothetical fantasy system that does not have an actual track record


    "(c) Hypothetical Results.

    (1) Any Member or Associate who uses promotional material which includes a measurement or description of or makes any reference to hypothetical performance results which could have been achieved had a particular trading system of the Member or Associate been employed in the past must include in the promotional material the following disclaimer prescribed by NFA’s Board of Directors: ....."

    http://www.forexlawblog.com/nfa-compliance-rule-2-29/


    IF YOU ARE PRESENTING ACTUAL RESULTS from a REAL SYSTEM > NO NEED FOR A HYPOTHETICAL DISCLAIMER

    Simple as that, where are the actual results from Don on his site ?

    He had all those on his free blog but when the course is offered , those magic numbers all of a sudden disappear, there is nothing wrong with presenting your actual results, you know ; here are the rules :

    "(4) includes any reference to actual past trading profits without mentioning that past results are not necessarily indicative of future results;

    (5) includes any specific numerical or statistical information about the past performance of any actual accounts (including rate of return)

    (i) unless such information is and can be demonstrated to NFA to be representative of the actual performance for the same time period of all reasonably comparable accounts and,

    (ii) in the case of rate of return figures, unless such figures are calculated in a manner consistent with CFTC Regulation 4.25(a)(7) for commodity pools and with CFTC Regulation 4.35(a)(6), as modified by NFA Compliance Rule 2-34(a), for figures based on separate accounts, or

    (6) includes a testimonial that is not representative of all reasonably comparable accounts, does not prominently state that the testimonial is not indicative of future performance or success, and does not prominently state that it is a paid testimonial (if applicable)."

    http://www.forexlawblog.com/nfa-compliance-rule-2-29/





    Now put up your fu..... glasses ,
    when I click on http://www.invest2forex.com/trading/currency-trading/http://www.fxcm.com/forex-system-selector.jsp

    we see the following :

    [​IMG]


    I suggest you first learn to read before you start using a compter LMAO
     
    #366     Nov 11, 2009
  7. This people trade for living, therefore only real disclaimer here.

    "The risk of loss in trading commodities can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. This website does not constitute an offer to sell or buy any securities and may not be used or relied upon in connection with any offer or sale of securities. It does not constitute a solicitation of clients and may not be used or relied upon in connection with any solicitation of clients. An offer or solicitation will be made only through a disclosure document for a particular trading program, and will be subject to the terms and conditions contained in such documents. The information set forth in this website does not purport to be complete."


    http://www.compakalternatives.com/index.html

    Edit: By the way no teaching either.
     
    #367     Nov 11, 2009

  8. It has always been like this and always will :

    "Those who can, do (they use a real disclaimer), those who can't, teach (use a hypothetical disclaimer)


    You must be an idiot to teach your edge, creating competition for your own trades ?
     
    #368     Nov 11, 2009
  9. PPT

    PPT

    It must be 100,000 of real money, not SIM money like you like to trade with. Just post one year's audited results and then we will get this going!!!
     
    #369     Nov 11, 2009
  10. bobfrank

    bobfrank

    OK, this is one of my long term trust accounts with Vanguard. I have 2 trading accounts--one with Trade Station and one with MFGlobal. PLease show me your trading accounts and I will be delighted to show you mine. Anyone else who thinks I'm Don I would love to put some money on the table.

    Bob

    Accounts & activity
    Total Vanguard Assets $$827,234.07 P
    Print this page
    Download transactions

    Vanguard Investments

    Expand name and address information
    Portfolio of

    Ab Liv T,—Trust Account

    Buy & Sell | Transaction History | Cost Basis
    Price as of 11/10/2009

    Name Fund & Account Shares Price & Change Value

    Vanguard High-Yield Corporate Fund Investor Shares
    0029- 5,710.682 $5.37 $0.01 $30,666.36
    Vanguard Prime Money Market Fund
    Sweep account-Trust Account, 0030- 387,252.040 $1.00 — $387,252.04
    Vanguard Short-Term Treasury Fund Investor Shares
    0032- 0.000 $10.88 $0.01 $0.00
    Vanguard Inflation-Protected Securities Fund Investor Shares
    0119- 2,595.711 $12.80 –$0.03 $33,225.10
    Vanguard GNMA Fund Admiral Shares
    0536- 14,218.121 $10.80 $0.01 $153,555.70
    Vanguard Short-Term Investment-Grade Fund Admiral Shares
    0539- 11,078.595 $10.61 — $117,543.89
    Subtotal $722,243.09
    Subtotal $722,243.09



    Ab Liv T,—Trust Brokerage Account - 3 †
    Sweep account—Trust Account—0030-


    Buy & Sell | Balances | Order Status | Transaction History | Brokerage Profile | Cost Basis

    You have open orders.
    see previous day values

    Price as of 11/11/2009 12:38 PM Eastern Standard Time

    Name Symbol Account Type Quantity Price & Change Value

    ABBOTT LABORATORIES
    ABT Cash 75.000 $53.210 $0.41 $3,990.75
    AMERISOURCEBERGEN CORP
    ABC Cash 150.000 $24.202 –$0.14 $3,630.37
    BP PLC SPONSORED ADR
    BP Cash 101.551 $58.280 –$0.85 $5,918.39
    BLACKSTONE GROUP LP UNIT REPRESENTING LTD PARTNERSHIP
    BX Cash 300.000 $15.500 $0.18 $4,650.00
    HUDSON CITY BANCORP INC
    HCBK Cash 275.000 $13.455 $0.31 $3,700.12
    ISHARES TRUST S&P LATIN AMERN 40 INDEX FD
    ILF Cash 150.000 $47.731 –$0.03 $7,159.65
    JPMORGAN CHASE & COMPANY
    JPM Cash 75.249 $44.238 $0.07 $3,328.85
    JOY GLOBAL INC
    JOYG Cash 75.000 $57.030 $0.87 $4,277.25
    MYLAN INC
    MYL Cash 300.000 $17.630 $0.06 $5,289.00
    NORTHROP GRUMMAN CORP
    NOC Cash 85.000 $54.880 $0.92 $4,664.80
    OLIN CORP NEW
    OLN Cash 200.000 $16.838 $0.05 $3,367.54
    ORACLE CORP
    ORCL Cash 200.480 $21.910 $0.11 $4,392.52
    POWERSHARES DB U S DOLLAR INDEX TRUST BULLISH FUND
    UUP Cash 500.000 $22.490 $0.05 $11,245.00
    PROSHARES TRUST PROSHARES ULTRASHORT 500 FUND
    SDS Cash 300.000 $36.540 –$0.39 $10,961.85
    TEVA PHARMACEUTICAL INDUSTRIES LIMITED ADR
    TEVA Cash 100.000 $52.646 –$0.12 $5,264.60
    WAL-MART STORES INC
    WMT Cash 150.792 $52.500 $0.19 $7,916.58
    TRANSOCEAN LIMITED NAMEN AKT
    RIG Cash 50.000 $89.700 $1.20 $4,485.00
    Net Credit (What is this?)
    $10,748.71
    Subtotal $104,990.98
    Portfolio Total $827,234.07
     
    #370     Nov 11, 2009