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I was once in a room where the chat leader did stuff like that. it's a sure sign of snake oil in my opinion it is of no value to anyone, and the only purpose it serves is to boost his own credibility that's like posting: "Ok, I'm selling the ES long position that I took back in March...

LOL ! Looks like it's open season on Al this weekend. :D Here come the torches and pitchforks! Rumor has it Al and his wife, NoDoji, have gone into hiding until things die down. :D

Sadly, it doesnt look like it. I was surprised to see the ninetrans guy was making so little the guy has obviously done a huge amount of homework on this and really knows his stuff disappointing to see that someone so experienced, knowledgeable, and well-versed on these matters is...

:D True, a well capitalized trader could do 7 figs I'm sure..... but for most Al followers.... I think 100k a year would be considered killing it. from what I've read in forum journals and stuff Big Mike has said about traders he talks to.... most are average joe guys who dont have...

even option A of $500 a day or $2,500 a week would be over $100,000 a year I'm sure any of Al's followers would be extremely happy with that result but all that talk is cheap, anyone in this forum can claim to have a "friend" who is killing the markets daily unless Al wants to get into...

10 pts per day? :eek: Wow - that's $500 per contract! I could trade 3 contracts in my 7k account and make $1500 a day! That's $7500 a week! $390,000 a year!! OMG I'm gonna quit my job at Taco Bell!!! :D

Brett Steenbarger had said he noticed a large number of laid off people turning to trading for a living as a way to replace their lost jobs others had quit jobs, or planning to quit their jobs, so they could pursue trading his concern was that most of these people had unrealistic...

I think the fact that Al has become a frequent target of denigration is a testament to his status as most popular retail trading vendor of the current era... he is the most obvious target I do remember Al admitted once that he traded "dont care" size, meaning small enough that he didnt...

does Al use stop orders? the answer is: No. Because he doesn't trade, he actually isn't using any orders at all. the only orders he makes is when he orders pizza and soda to be delivered during the day while running the chatroom. sorry, couldn't resist! Hahahahahaha!!!! :D :D :D...

are you his alias? :D :D

that is probably how it goes with successful teachers and vendors.... not that it's easy to make a lot of money from teaching, but assuming someone is able to make a name for themselves and attract a steady stream of business..... once they get that stream of income from their teaching or...

I think Big Mike calls it a donation.... but someone said with all the elite members he's probably made around 500k from the program add into that the money he makes from advertising each month No one knows if he makes much money trading but I imagine he is doing very well financially...

I see someone is coming after Big Mike... http://www.elitetrader.com/vb/showthread.php?s=&postid=3769537#post3769537 :D LOL :D The only problem with Big Mike is he takes himself too seriously, other than that he has a nice place. but he is occasionally rude and condescending in...

Hahahaha.... well I have never lost a penny trading futures.... and I take full responsibility for that :D I stopped studying daytrading because I didnt like it, but also because there was no one I could really trust about it seriously, it seems like a shady business to be involved...

yeah, I agree there should be some kind of oversight of this industry I think people get upset because learning to trade is demanding and very few will succeed.... so there will be frustration anyway but the reason it crosses over into anger is when the failed trader starts to feel like...

I dont think you can sue them or anything they have all those disclaimers on their stuff "not a registered advisor" "we are not responsible for losses incurred" "trading involves substantial risk" and most of them dont make any claims of profitability, just general comments like "you...

a lot of people see what they want to see in gurus..... take the ninetrans blog guy, disciple of Al who has many ardent followers who worship him he's often held out as the go-to source for proof of Al Brooks methods (for a while, he started a subscription section of his blog with...

Yes, it's rampant on the internet. Just look at the stories of people being fooled by a false ad on a dating site or facebook profile. They think they're chatting with some jet setting hot model but in reality it's some middle-age fat person in a trailer. When I stop and think about it...

It would be easy enough for Al or anyone else to provide proof of profitability if they wanted to.... even if he doesnt want to call entries live for whatever reason he could post screenshots of his execution blotter so you could see the entries and exits and times I have seen a few...

probably easier to trade for a living in Russia US dollar profits go further, I bet you guys can be the talk of the town if you trade well... always had impression that Russians struggled financially, dont know if rightly or wrongly bank failures in the 90's, long cold winters...