I hope this "guru" has gotten over his self-admitted mental block so that he can trade more than 2000 shares at a time. LOL Most of his income is not from trading. What a joke.
I had a friend who worked in a sports handicapping advisory service. Basically, if they advised half their customers that Team A was going to win, and the other half that Team B was going to win, then with every game, half of their customers would be winners, happy, and looking to pay them again for their "advice". What happened to the other half, you ask? The losing half wouldn't be happy, they would've lost money, BUT they had someone else they could blame rather than themselves, the advisory service, so this enabled the losing half to not take any blame/guilt for the loss. Also, the losing half were addicted to gambling, so it's not like they were going to swear off doing this. The service would call their losing customers and promise to make it up to them with a free call (or half price offer) for the next game, or some such thing, and sooner or later, those that lost would be in the winning half and be enthusiastic again about the service. And so on, and so forth. See any parallels?
DufferDon's post is still one of the smartest, and still pertinent. Call them "ET Classics". Next up . . . Random Entry.
anyone mention Pristine ? anyone mention DayTraders ? anyone mention those schools out of Texas teaching EMini trading ? anyone mention AIQ ? anyone mention ......... ?