hey brandon, I went to you website. What do the first 4 letters of Analyst mean? I don't get what you mean by that. I understand what you are saying about the gap ups, but one thing you didnt mention is that with DTBP of 4x margin, or in some cases folks mention getting 10 to 1, that is an extremely powerful tool to have in a traders arsenal! peace.
For some reason the Internet has developed a type of person that DEMANDS proof of absolute success and FREE, of course. Do you go to a cleaners and DEMAND the names of 10 people that have had their clothes cleaned successfully????? Doctors?? Lawyers??? Car Repair?? People this is a BUSINESS!!!!! If you are not successful at it then stop doing it and go back to school. The vast majority of you are going to lose your money!!! All $5,000 of it. All "gurus" have a method of trading. Try it out and if it works for you go from there. If not, don't do it anymore!!! If you continue to lose money then you are STUPID, DUMB and really should not be allowed to walk around in public by yourself. There are no free lunches!! SteveD
Well Steve, I am having a paver walkway put in at a cost of about $6000. And, yes I have talked to a few contractors and have seen pictures of the kind of work they have done and gone to see some of the walkways. So, yes. People do tend to do some homework on things. I guess that is why Consumer Reports does so well. I sit here and laugh when I read posts from guys like you about vendors who are trying to sell their trading methods and secrets. I am currently working on trading method myself. I have been collecting the data for about 3 months, each and every day with the exact bid and ask prices at the exact times I am monitoring. Since May 2, I would have made $14,000. Not earth shattering from the talk of all you zillionaires on here, but I am very happy with that amount. In fact, I would be happy with 1/3 of that on average per month. Point is, If my theory is correct and this method does continue to show profit, there is no way in hell I would EVER want to share it with an open forum. The last thing I would want is to have more boats in the water as I try to navigate the seas!
So anyways, I am very suspect of anyone who wants to share their tremendous trading secrets or methods. The only way I might decide to post information would be if it would help me out. An example might be if I got a tip on some insider info such as when I found out before it went public that APCC was opening a new facility and news was coming out. The stock went from 31 to 38 on the news. Now even if I had bought all I could at 31, and then went on this forum to tell everyone that good news was coming out, get in. Most likely, everyone would say you are just pumping and dumping and not buy, and then when the news came out would just buy anyways, so I wouldn't gain from putting the news out to you beforehand anyways. It might help me gain credibility if I got another insider news bit, and then maybe try and sell that info to you, but once again, I doubt anyone would even pay for that. cheers.
"cleaners... Doctors?? Lawyers??? Car Repair??" If they defraud you, it's much easier to find them and collect................
Brandon seems like a nice enough guy and I'm sure he has some skills. Are they worth what he charges? I don't know because he has always been ellusive when I ask him exactly what he charges and EXACTLY what you get. My initial observations are that he finds CANSLIM stocks www.investors.com and he applies some basic TA to them. This is not a bad ideal and worthy of investigation. The problem is WHY does anyone need Brandon to do this when CANSLIM is $30 per month and a good TA book is $20? He does not answer everytime I ask him this question!
There are some vendors (a few) that actually will let potential clients speak to past and/or current clients. I think that's Lefty message...those that don't...use some intelligence (avoid them). However, if someone is interested in a vendors service especially one that doesn't offer some sort'uv full free trial test of the service... Don't just talk to a past or current client... Tell the vendor your address and let him/her search their database of clients living in your area so that you can go visit them and watch the client perform (trade) in front of your own two eyes. Of course we're talking about expensive services and not the $20 per month email alert services Reference (word-of-mouth) is a powerful marketing tool. It's how I found out about my mentor eventhough I was his only student. I had heard from another trader that this guy had helped him end a serious drawdown period eventhough it wasn't a mentor/student relationship. In addition, visiting the teacher or visiting students of the teacher...very tough for a shill to fake trading or sound knowlegable about the markets in realtime during actual trading in front of your own two eyes. Hopefully, you didn't think Lefty meant someone would just say its a good service and that's all that's needed ??? I guess that's what he meant by to use some basic intelligence about these reference stuff. What I'm saying...its your responsibility to ensure the reference info given to you by a vendor is more than you emailing some stranger and getting a high recommended reply. Any vendor that tells you he/she doesn't have access to phone numbers or home address of clients while promoting testimonials...should be avoided. Any vendor that refuses to let you watch him/her trade in front of your own two eyes or has no clients that will do such for you...should be avoided. It's possible he could be applying an additional component to what your suggesting and that component is what gives him that edge. An analogy...its like saying someone teaches using MACD indicator. Of course its available in almost all trading software packages, of course its probably discussed thousands of times at discussion forums... Then why do most lose money while using MACD in comparison to the few that are profitable ??? Simple answer...the few that are profitable are using an additional component (an edge) that the others don't know. I'm sure any mechanical trader probably understands what I'm suggesting here. Also, I'm not suggesting these are trade secrets. I'm suggesting that sometimes the most commonly known things are easily overlooked or merits no further research due to some ill-advised bias. Thus, its possible Brandon has a way to enforce commonly known methods along with having that extra component that gives what's commonly knows... An edge. A component he's only willing to share for a fee. Look at it this way (an analogy)...we all know we can make a lot of money if we cut our losers short and let our winners run. Imagine if someone actually had a way to enforce that...can it be marketed while knowing its core concept is basic or something that's obvious ??? Not arguing...just food for thought because just because something is so obvious... Doesn't imply they have what it takes to apply it successfully on their own until they get some help. NihabaAshi
Canslim and basic TA are very important in what I do, but there are also significant modifications. Even if there were not though, what is it worth for a person if I present things to them in a way that they can use it. Maybe they have read O'neil, Trader Vic, Darvas, Connors, Boucher and Wiestein and can not put it together (there you have the whole list btw) in a way that works for them. If I can present it in a way that they finally do get it, what is that worth? If I present it in a way that is muddled and unhelpful, I offer a money back gaurantee. Brandon
Brandon Fine I understand that and different people learn in different ways. Example: Some people are book smart some are street smart. I learn from watching and I was never book smart, all my life my greatest achievements came from watching and then emulating and modifying to suit me. The bottom line is that you charge a fair fee in relation to what you are improving on because you will not be able to guarantee that anyone will be able to assimilate your teaching method. I also strongly question any traders ability to trade and teach at the same time. Trading is VERY hard and if a trader is spending his time during the day teaching or managing his teaching business I highly doubt they are a professional trader. Being a professional takes way to much focus and attention on the markets to do both at the same time in my opinion unless the structure it so that it completely after market hours.
Samson - I thought you had taken courses and bought from every vendor out there. Are you telling me there is actually someone you have not done business with? :eek: