I am a trend following stock trader who is mostly self-taught over the last 7 years. For the last 3 years, I have been consistently profitable. However, learning is an ongoing process, and I want to "take it to the next level." I am looking at attending one of the following seminars, and would like input. Thanks Ed Seykota Seminar - $3000 / 3 days Van Tharp Peak Perf 101 - ???? $ / 3 days O'Neil IBD Advanced Seminar - $2995 / 1 day (!) Curtis Faith/David Bromley seminar - $2995 / 3 days again, input, comments wanted thanks!
Hi: I am not a fan of these short seminars. I don't see much value added in the short or long term from attendance. If you want to see a significant change in your profitability, learn to research, develop a basis for understanding your results by studying parametric statistics, and make sure you have your execution methods down pat. Best Regards, Steve46
Ed Seykota. Without question. Curtis Faith - I don't know that much about him, but I understand he is also extremely good. I thought Van Tharp was dead! But to reiterate, I believe there is no better trader in the world than Ed Seykota.
buy Van k. Tharp`s "trade your way to financial freedom" its the only book you will ever need on position sizing and risk/reward.
... and do Van's Home Study Course for the psychology; make sure you do all the exercises repeatedly; paulus
I still do not understand why "great/superstar tarders" give seminars. I can understand free-coaching, teaching, mentoring, but I cannot undrstand hawking seminars.
Has Seykota been managing money recently? I know he gained his reputation from results in the 70's and early 80's. I was also curious if anyone knew if Al Weiss was a student of Seykota. They both lived in Encinitas, CA back during the above time period.
I once lived in the same town as Seykota and his former girlfriend. From what I understand from conversations with her, Seykota declared personal bankruptcy in 1992 or thereabouts. I've tried to find some record of it online but I only find references to an IRS case about the same time "Seykota v. Commissioner". Can anyone confirm this? Any idea why a great trader would declare bankruptcy? Do all great traders eventually blow up? I also heard that his seminars are all about emotions and psychology rather than trading. Did anyone attend his last seminar?
unless he blew out and no, not all the great traders blow out- though anyone know if Louis Borsellino is still on the floor or his brother Joe?