I know Jay, have met him and talked to him a couple of time's, but I don't know if he would remember me. Jay is for sure one of the top marketers out there though, and a guy I've learned a lot from, but he is not really that big in the whole Internet Marketing gig. His thing is more offline business, which he is really good at. I have a close friend who is a Jay Abraham Protege, spend something like $100,000 to be able to work with Jay for one year, the guy makes about $10million now with local business Lexington, Kentucky, which gives you an idea of how powerful Jay's stuff is. Anyway, I really don't want this thread or even Baron's site to turn into Elite Internet Marketing. That was not the reason I posted, my post was simply to point out the huge value you can get from finding a good mentor.
Your right...their is nothing wrong for charging if people want to pay + anyone has the right to change their mind-even if his intentions are suspect. but for a guy who prides himself in being open- all of us know how easy it would be to show even a few monthly statements AND the fact he doesn't is fair game to be critical. Another thing that gets too me is his comparison to the turtle's experiment...dont remember Richard Dennis charging for his 2 week course + giving 250k and up accounts to trade for a YEAR of his money...NOW this is a MENTOR!
People who sign-up for the course get access to Don's P&L statements. Why would anyone want to make their P&L statements available on a public website where 95% of the visitors are pikers anyway? Get real...
Perhaps because it's the law when you are offering to sell something based on your performance? I have no doubt that Miller knows the law. Certainly writing a blog where you sell nothing you can make unsubstantiated claims as to performance. But the instant he decided to sell something, there was no doubt that he was a) selling it based on performance claims and b) required to provide verification of his claims. If you know for a fact that 95% of the people that you are selling to are pikers, it does not change the law. Pikers have the same right to disclosure that anyone else has. Frankly I would think that Miller is required to offer verifiable results of all his claims to performance to ANYONE who wants to consider his offer...not just those who decide to participate. But hey, I'm not lawyer...feel free to check the law out on your own. OldTrader
for the same reason Fast: Who invites internet pikers to their home and risking the exposure of your personal life + family? NO WAY for free...high risk high reward. and the other 5% can be quite a few clients too...
Bingo ! Let´s see the TRACK RECORD of this guy, googled his name Was affiliated with Mtrader Selling stuff on his website donmillerqqq contributing on tradingmarkets NO WAY this guy is the REAL DEAL Richard Dennis was the real deal, never made money in the "teaching business", charged no money and had a proven track record. To your success.
You don't realize JScott that what you are saying, supposedly with the attempt at warning about "scam artists" is hypocritical. Your intent is fine. Your logic is flawed. Here is how you catch a "scam artist." They promise that if you buy their "3 minute ab workout" you will look like Mr. Universe. So you buy the product, keep careful records, do as you are told---then six months later post a picture of your beer belly. Now you can say "the product is a scam." But to say that someone who does what Proctor and Gamble calls "a test Market study" finds zillions of people want to buy the product, is a scam artist because he now charges money for the product, is just not a smart statement. Are you Mother Teresa? Did you ever offer a "valuable service" to anyone? Like when you were in High School. Did you ever have what some call a job? Did you ever have a job? When the boss came along with a pay check did you say "give it to the starving kids in Ethiopia?" Bull shit. You stuffed the $120.00 in your little pocket. So Don Bright started a free service. Somewhere a few people thought it was good enough to pay for it. He accepted the pay checks. So now he is a scum bag? Investors Business Daily charges you whatever the hell they charge---I have no idea. You buy it for their "hot tips of the day." The cup and saucer pattern loses you a thou. Now they are scam artists? Cajun asked me to post my trades public instead of just Skypeing him. I agreed in 2006. The Paltalk room was free to all, even the morons on ET. This is a true story. After one week, one of the free members said "I have been in blah blahs room, xxxs room and a dozen others in the last 3 years. You are by far the best. Please take my credit card number and charge me the $350.00 I am paying now for blah blah. Blah Blah was one of my mentors. I was shocked. But I decided that we needed software to pull credit card charges into a bank computer. The next week we went to a paid service. 7 of the 8 Paltalk members agreed to the charges. 2 are still with us. Scam? NOT. 27% of all traders who have ever tried my service came from this ET site because they wanted to see if an outrageous person like me, ripping apart the ET newbie morons, could back up the talk. I back it up. Scam? Not. Here is my advice. Go to college. Any college, doesn't have to be Wharton. See if any business builds clients by advertising and promotion. Tell the professor you think it is a scam. See if the honor students laugh hard. Successfully, Alex L. Wasilewski Co-Founder & Head Trader Trades That Work www.puretick.com 1-877-GOLONG1 ( 1-877-465-6641 )
Yes you are not a lawyer. Neither am I, so do what I did, hire a law firm that specializes in that law. Puretick.com is an trading education and information service, think one on one Investors Business Daily with charts of 10 stocks about to break the cup and saucer or some other stuff. They are not required to disclose any track records. We post where the market was trading when I call long and short trades. I specifically warn all traders that there is no guarantee that all one hundred people in our room are even taking the calls. Our last contest winner (to see who is following the calls probably took 85% of the calls). The previous winner only took 50% of the calls---he was Suzzie Pig's brother by the way ----one of my biggest critics, LOL. So I almost reverse guarantee. These calls are there for you. You have the right to take them or ignore them. In fact if I showed you MY TRADING STATEMENTS I would think that it would do more harm to you than good. You would tend to over leverage and over trade to MAKE WHAT I DO. On the other hand Al Green is required by law to post results of Profit Navigation, because Profit Navigation offers individuals and institutions the opportunity to diversify their financial risk by participating in managed account programs which seek capital appreciation of clients' assets through speculative trading in commodity futures. So now you know. Successfully, Alex L. Wasilewski Co-Founder & Head Trader Trades That Work www.puretick.com 1-877-GOLONG1 ( 1-877-465-6641 )
Don Miller was explicit that his "free service" was for his own benefit . . . it was not, that's deception. We know that P&G sells stuff . . . we know that Mother Teresa does not. Don Miller was explicit that he was anti-guru because of the many false claims out there . . . but he became a gure, that's deception. I am not whining or complaining . . . I could care less what Don Miller does. The only way I can find out if he is a scam artist is to chunk down a shitload of money for a very small period of time. 99% of the time it is not a good deal. Those aren't good odds. I want to see a Don Miller make a shitload of money and show that it can be done. Otherwise, I may as well start my own damn blog. Keep trading. JS