After looking though this site I believe it is one of the most despicable yet. Looking at the bios of the mentors, including Ryan Jones it really looks like these people have great families and dogs, but no one really has any experience. Thank fully it seems, I'm rubbing off on many of you. The site smells very rotten.
http://cgi.ebay.com/ws/eBayISAPI.dl...93&category=378&sspagename=STRK:MESSE:IT&rd=1 I just saw this on ebay, it is the course that I purchase 2 year ago except mine is on VHS while now they have it on CD. It is a good course in my opinion. His money management method is good. Just don't expect him to teach you how to buy and sell. But if you know how to buy and sell then it will be good as he can teach you when to buy more and when to buy less (money management)
The above quote, which is included within a post on page 2 of this thread, has reached me twice by other means in the last week. This makes me think that Ryan may be using it for his own promotion, so although I think Ryan is a very personable guy with an interesting book to his name, I want to put the facts straight : Ryan did indeed trade the above account from $15k to just over $107k in the time period mentioned, using extremely aggressive money management. However, what is omitted is what happened next : the method / system being traded hit a losing streak and equally rapidly declined to $16k, when the account was closed. Sorry to put the record straight, Ryan - but people are being grossly misled by this propaganda. J. (and before anyone asks, it was my account and it was an entry in the 2001 Robbins World Cup Challenge).
i got a new promotional email from ryan jones today. check out his new sales pitch: title: You Should Be Thrown In Jail the content: The response to the S&P Probability Traders Club has been tremendous. What do you get with a membership? S&P research, information and trading opportunities that are unbiased. I report the information and statistics, provide my commentary on it, you decide whether to act upon it or not. If you were to hire someone to do research in the S&P, how much would it cost you? $50, $100 or more an hour? It would cost you a lot more if they had 17 years of experience researching and trading, 13 of those years more than FULL TIME. But you are getting more than that. The research I do is for my own trading. I'm not doing the research and uncovering the trading opportunities just to provide to someone else for a few hundred bucks an hour to do it. The research, information and trading opportunities you will receive as a club member comes from my NEED for my own trading. I personally have an interest in the accuracy and quality of the information. Knowing that there are club members who are also going to use this information just adds incentives to doubly make sure it is the best. $8 is a steal on a steak. If you take advantage of this club membership for $8 a month, you should be tossed in jail and the key thrown away. It should be illegal for you to take advantage of me like this. Fortunately for you, it is not. But that is how good this deal really is. Click here for more details and subscribe today! Sincerely, Ryan Jones P.S. A special conference call for club members will be held on Monday, January 31st (just a few days away). You don't want to miss this call. Not only will I be revealing an opportunity for February that has been 85% accurate during the last 14 years, but by an average amount of over $2,800! And that isn't the only opportunity I will be discussing!
I'm also receiving many of Ryan Jones' promotional material to join his "Reload" and/or "Optionsforprofit" trading systems. I have read his book "The trading game" some years back and found it very useful and relatively clear from the math point of view, that's definetly not my strong point. On the other hand I don't know what to think about his promotions on various trading systems. From reading the ET posts. it seems that they are like all other trading systems out there, ie. small gains and large drawdowns. Anybody has tried Ryan latest systems and especially his options trading? Thx
Checkout the latest from Ryan Jones.... a horror story ... This is the worst kind of primitif sales/marketing technique... This is an email I received, signed by him. Quote: Hi All, When I talk with various traders around the country, one thing that often comes up is how the trader would eventually like to quit their job and trade for a living. I try to let them know that trading for a living is not the glamorous trading life most think it to be. In fact, it is down right stressful, especially during those down months where it seems nothing goes in your direction. But, lets get right down to the heart of the issue, the truth of the matter. What most traders are saying when they want to trade for a living is that they want the ability to generate an unlimited amount of cash in any given month, to be their own boss, to take off days at will, etc. Knowing this, I have put together something that I have kept under wraps (no pun intended) until now. If you are interested in generating an extra $2k - $5k or more per month while I do 99% of the work, then keep reading! I have put together a turn key money making machine for those who want to participate. All you have to do is point people in the right direction and wait for the checks to roll in. Literally. Here's how it works. You know a few fellow traders who might benefit from a few of my products? Shoot them an email that includes a link to a special web page created specifically for you and you alone promoting my product. When that trader goes to the web page and orders my product, we fulfill the order, process the payment, do the customer support and send you a check for 50%! How easy is that? But that is not all I do. The web page that is created for you does all the selling once the client is there. But I also provide the email text that you can send to these group of traders that will increase your chances that someone will go to your web page and buy the product! Literally, I have made it to where we do 99% of the work while you make 50% of the profits! Let me give you an example. One of the products included in this program is my Self-Destructive Trader course. Regularly I receive comments from traders who tell me how much this course has helped them in their trading and life in general. A special web page is created exclusively for you that promotes this product. You send traders you know an email that I created which includes a link to this page. When they go to this page and order the course for $495.00, we send you a check for $247.50! You don't have to do anything after that. Another product included in this program is my Options for Profits course. This course has been called the best options course there is bar none by options traders with 20 years of experience! You send an email I created that includes a link to a special web page exclusively created for you. That trader buys the course for $995.00 and we send you a check for $497.50! Imagine, if 10 traders you sent to the site buy the Options for Profits course, you would make a cool $4,975.00! The four products included in this program are: S&P Reloaded - $995 Mission Million Money Management - $995 Options for Profits - $995 Self-Destructive Trader - $495 We will create a separate web page promoting each of these products exclusively for you. You will be able to log onto your account associated with these 4 web pages and view the number of people who click on the page and the number of people who have bought at any given time. Each month, you will get a check reflecting 50% of the total sales from your web pages. ADDITIONAL SUPPORT This is the first time I have ever offered something like this, and it is truly an incredible opportunity for you. However, I don't want people signing up just to be signing up for it. I want this to be something that you are able to use to generate some serious dough. Even though I have done 99% of the work for you, you will still need to do that 1%. It is a small part, but it is an important part. Kind of like the thumb on the hand, small, but wonderfully useful. Accordingly, I will be providing ideas for finding new interested traders who would benefit from these four products. The more success you have with this, the more success we have. How to get started: Simply go to the following web page and sign up. The program officially begins at the beginning of January. However, if you have some traders that would be interested now, we can set you up within 48 hours and you can be making sales shortly after that. I am looking for those who are serious about this opportunity. Accordingly, I am requiring a fully refundable deposit of $995 to participate. Once you have 4 sales (of any product or combination of products included in the program), the $995 is fully refunded to you. You have an entire 6-months to make those 4 sales before the deposit is forfeited. http://www.smarttrading.com/AffiliateRequest.asp GUARANTEED TRADE If you risk $995 on your next trade, how much control do you have over the market moving in the direction you need it to move to make a profit? None. You have no control over the market. You only have control over what you do. If you send a few emails to 100 interested traders, what is the probability that you won't have at least 4 sales? Very, very small. In fact, with this type of investment, if you do the 1% required of you, it is only a matter of time before you not only get your deposit back, but start making a serious profit. For example, if 4 traders buy the Self Destructive Trader course from your web page, you will receive your $995 deposit back AND your 50% of the sales which comes to an additional $990! If 4 traders buy the Options for Profits course, you will receive your deposit plus an additional $1,990 back! LIMITED TIME TO SIGN UP Because this is the first time I have offered something like this, I am going to be limiting it to the first 50 who sign up for now. Beginning in January, I will be providing ideas and strategies for those who really want to make this something substantial in their lives. The opportunities are without limit for those who are serious! Don't hesitate, sign up today! http://www.smarttrading.com/AffiliateRequest.asp Sincerely, Ryan Jones p.s. Please note that we reserve the right to refuse any one participation in this program for any reason. NOTICE: You are receiving this email from Creative Trading, because in the past you have requested information from us, or one of our affiliated web sites. If you wish to be removed from all our mailing, simply reply to this message with the word REMOVE in the subject line. DISCLAIMER: Be aware that investment in commodity futures and/or options for potential profit is accompanied by the risk of loss. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition." Unquote
The book isn't good either - its full of mistakes (if you check ) and the basic premise is also a scam.
When are you people going to realize that trading is a thinking mans ( or womans) game. You need to be flexible and adapt. Static strategies and systems work for a while and then need to be adapted to the market again. My guess is that you could take his information, read it, synthesize it, and create a strategy to take advantage of certain market conditions when they present, and make money.