Samson77, First off, I just wanted to thank you for your posts regarding a Mr. Brad Caldwell TraderBrad.com. I hope it helps at least one new trader out there from entering this type of business purchase without fully understanding the sellers guarantees or lack thereof. Caveat Emptor. Although I dislike Gurus, I think you will agree the purchaser bears some responsibility for his purchase. On Mr. Caldwells website he lists a wire transfer, no guarantees, high upfront material costs, and legal small print mumbo jumbo. These are pretty clear signs and bright Red Flags should be waving about in your head. Although it does not indicate he is a Guru, it should give one reason for concern. To be equally fair to sellers of systems and trading courses ( not necessarily GURU's), some of them which are good and provide useful information, should also be afforded some level of protection from purchasers who just copy, duplicate and ask for refunds. In some cases, many years of knowledge and effort go in to producing these materials. The sellers blood ,sweat and years of market experience so to speak are on the line, only to have it ripped off by a customer who's initial intent was only to copy and duplicate. I think sellers (especially of Trading materials) should separate their full course into parts or segments. Shipping only one or two parts (out of a course of 10 or more chapters ) for purchasers inspection with an initial customer deposit of 10-20% of full price. If the material is then found useful by the customer, the initial deposit may then be applied to the full course price and the sale is ultimately consummated in full. This structure affords a level of protection to both buyer and seller and I think should be adopted by all trading systems and course vendors. As for Brad Caldwell, I do not know anything about him or his courses. And I do not feel I can comment on him personally, nor his training materials. Although I can say his website is quite nice. Samson, about feeling stupid or ignorant about your purchase. IT WAS STUPID. But ONLY if you failed to learn anything from your experience when dealing with systems sellers. Judging from your posts and recent trading experiences I think you learned quite alot. Samson, YOU HAVE TURNED A CORNER and exited GURUSVILLE!!! Exiting GURUSVILLE is simply a change of mindset. It simply means, you once and for all take COMPLETE responsibility for your trading actions, cease looking for the Holy Grail in others, and rely on yourself for all trading decisions, good or bad. In brief, YOU GROW UP. If this is what happened I say you got your moneys worth. BTW, your money is making its way back to BARON for advertising, which is good thing . We are all thankful for this forum. As for Mr. Brad Caldwell TraderBrad, I agree with NihabaAshi. Let him have his open forum to discuss his calls and hopefully describe some of his trading methods and techniques. Which I think are what most ET'ers like about Elite Trader. If he just makes blind calls, interest will fade quickly. If there is something of value, great, we all benefit by enhancing our market knowledge. I trust ET'ers ability to distinguish between useful and useless. Finally, there are a lot of scam artists out there which concerns me. The repercussions for them is just a small fine and some defense lawyer fees, IF they get caught. Which is why they keep popping up. So, New Traders, Caveat Emptor. Good Luck to All!!! Best Regards, Dave Scott
Thanks for the advise Dave let me see if I can answer your questions. I totally agree with your that vendors that work hard to develop their methods need to protect themselves from certain types of unscrupulous people that would rip them off. BUT That is clearly NOT the case here. If anyone reads this thread carefully they will see the truth in this circumstance. It is impossible for me to reproduce anything because I have nothing to reproduce as Mr. Caldwell has already made very clear in his earlier posts by stating that I have ONLY a fraction of his material. So why keep the money ? Is this Fair, Honest or Right ? Every coin has two sides but there is a BIG difference between Right and Wrong and we all know it. I really pride myself on being an honest and just man. It is a big part of my personality and character and I can only represent the facts and truth as they happened to me personally. The civil courts will settle this matter ultimately and as I mentioned before the members of ET are some of the saviest traders in the world right now. So I have ever confidence that they will decide for themselves as well. To answer your second question Dave the answer is a resounding YES
While we may agree on Trader Brad, I have to say your lawyer comment sent me over the edge finally. Maybe just too much b.s. on this site overall has gotten to me, but your all encompassing remark on lawyers is just stupid!!! My grandfather was a praticing attorney for many years and he had his stories of dirty lawyers, but always reminded that dirtbags are in everything. From my point of view there seem to be a large majority in the trading buisness. But I guess we could include the heads of most corporations, all doctors, teachers(all child molestors you know), priests( again all molestors), salesman(don't have to explain that one I don't think), all politicians(I may actually support this stereotype), police officers(power mad, nut cases who break most of the laws they enforce), etc., etc., etc. Last time I checked it takes a leech to take an ambulance chasing lawyer up on their offer of easy cash before we have another lawsuit. How about those f*ck hole CPA"S who work with the IRS to maintain an obscene tax code so they can mantain their jobs and lifestyles. Oh well this is too easy, and I'm too tired of this stupidity. Lets go back to nailing flimflam artists in the trading world.
I am glad we agree on the Brad thing also. My lawyer comment was to head off the eventual assault on lawyers to keep the focus where it belonged. I became a lawyer later in life after a "Perry Mason" type lawyer went way out of his way to save me from an unscrupulous landlord who was trying to ruin me. I have returned the favor to many others- the most deserving are often the least able to pay. I apologize if my remarks offended you. Finally, as Baldwin the largest bond trader said when asked about buying trading systems, his response was "why sell it if it could make you millions"? Anyone with only a fair system doesn't need this hassle to make money. That's why people want to be traders in the first place. I think Occam's Razor applies here.
JOHN GRISHAM http://www.amazon.com/exec/obidos/s...ield-author=GRISHAM, JOHN/002-1775764-6736827 It seems that some lawyer has become disgusted by the "justice" world and leave the field and became writer ... happily successfully for GRISHAM .
People think that when someone advertise he is "honorable" so ... and the price of the stuff is probably covering a great part of the marketing cost . Personnaly I will never sell my own model tools - only the results - for 7500$ or 10 times more because it is real research that cost millions so it is not the price by itself that makes me laugh it is rather the marketing part: with marketing some people can sell anything even a big price. I have bought some booklet in the past 600$ I doubt that I can find anything else in a 7500$ book because each time they all tell the same "secrets" you can find in any less costfull trading book. As for Samson77 he knows : I said he was too gullible and paid the price of the lesson of his gullibility . Now since he wasn't delivered all the contents he should be able to recover a partial amount that would be fair for both parties.
amazing in today's society how some people have utterly no ability to see another's point of view... even IF they are essentially correct in that some so-called "injustice" was done! Moreover many apparently have certain expectations that may result in the impression of wrongdoing whereas any presumed wrong was minor in nature, and the resulting overblown anger is merely a reflection of one's own bitterness and frustration etc. at things not even related to the issue (i.e. refund). Objectively................. who would actually waste their time and energy litigating a minor refund issue (which is often a losing course of action even if successful) if they had now developed a disciplined way to extract large sums of money from the markets??! Wouldn't that individual just chalk this 'traderbrad' situation up to experience... and not waste energy that could be better channeled into trading and/or other productive life events/opportunities?! Wouldn't one be more philosophical or even accept that maybe their "side" is not abundantly correct as they have talked themselves into believing... but is more connected to other personal and emotional issues like feelings of scarcity rather than abundance... in their own life at present?! Think I am preaching? Years ago often.... I used to fight every battle. Never wanted to get ripped off or let anyone "get" the better of me. I called it principle in those days! In looking back on those earlier years in my life, it is crystal clear that had I devoted the same energy and motivation to pursuing dreams and goals..... rather than vindicating some imagined (or real) wrongdoing albeit a relatively minor infraction in the scheme of life's problems that could befall any of us... there's no telling how much more bountiful things might have been, or no telling how many opportunities were missed by that policy. We all have limited emotional and mental energy... although when one is younger they can't help feeling bullet-proof... and thus too often feel they have energy to spare (i.e. WASTE) fighting EVERY battle; rather than carefully picking and choosing those that actually harm them in some serious manner... and going to the mat on those few situations in our lives. But one does not! Looking back on life and the life of others I have known... it is clear that too often so many (unknowingly) decide to make "pyrrhic victory" a component of their life philosophy. Regards, IcE
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Amazing.....Samson77 hasn't been humble enough (so far) to admit a scintilla of what dave scott just postulated regarding one's OWN responsibility for what they get in life. IcE
That's funny iceman I was just writing this reply to your first post when I saw this one .... Here is what I was writing..... Reply for Iceman..... Thanks for the post I do get your point and trust me I'm NOT wasting any energy on this guy at all. My trading has returned to normal and yes I am once again profitable so my efforts right now are to work my account back to where it was before I got stupid and bought traderbrad. I wanted to document this event because it is the truth and weather or not it was traderbrad or any other vendor I finally learned a VERY valuable lesson from this all. That being said I am still very pissed off and I think I have every right to be.