A Bad Experiance w/ Brandon Fredrickson

[Brandonf]

Quote from 5yrtrader:

Brandon,

I think what we are discovering is that either:
1) you don't have any clients and therefore no one to complain about you
2) you are so bad that all your clients have lost all hope in trading and thus don't visit message trading boards
3) all your clients are smart enough not to visit elite trader

From the responses here we haven't heard from anyone that has used your service at all, good or bad opinion of you.

Also on your site you claim to be a "personal financial coach" (or something) since 1998, but you also state, in one of your videos, that you didn't even begin trading until 1998. At that time you started with $20,000 and after a period were down to $6,000, how were you coaching other people during that time when it seems that you knew nothing or at least not anything worth paying for. Did you start coaching people right when you started trading? I am confused, please explain.

You seem to have a lot of time on your hands. But the "financial coaching since 1998" refers to the yahoo club I founded in late 1998 when I turned my accounts around. I did not start charging anyone anything until mid 1999 or so. I also think you must be illiterate you might see that several people have posted saying they have in fact been in my chatroom. Good thing I have those videos.

Brandon

 

[Trend Fader]

Quote from Brandonf:

But the "financial coaching since 1998" refers to the yahoo club I founded in late 1998 when I turned my accounts around.

Brandon

That looks good on a resume. Impressive.

 

[Brandonf]

Quote from Trend Fader:

That looks good on a resume. Impressive.

My whole life right now is about pleasing you and trendfader.

 

[5yrtrader]

Quote from Brandonf:

You seem to have a lot of time on your hands. But the "financial coaching since 1998" refers to the yahoo club I founded in late 1998 when I turned my accounts around. I did not start charging anyone anything until mid 1999 or so. I also think you must be illiterate you might see that several people have posted saying they have in fact been in my chatroom. Good thing I have those videos.

Brandon

Why do I seem to have a lot of time on my hands? Is it because I went to your site to check out the content? Is it that bad?

 

[Brandonf]

Quote from 5yrtrader:

Why do I seem to have a lot of time on my hands? Is it because I went to your site to check out the content? Is it that bad?

Only bad in that you went to check out something you had no interest in using in the first place. Seems like a waste of time to me..much like what we are doing posting back and forth on this thread I guess. Still have not had a single person post a bad experiance with me here and many have posted positive feedback. And, ill keep going with you on this coz the traffic to my site today has gone through the roof. We have over 3000 views on this thread so far and none of it seems to be hurting me. Maybe I should hire you as my PR director.

Brandon

 

[5yrtrader]

Quote from Brandonf:

Only bad in that you went to check out something you had no interest in using in the first place. Seems like a waste of time to me..much like what we are doing posting back and forth on this thread I guess. Still have not had a single person post a bad experiance with me here and many have posted positive feedback. And, ill keep going with you on this coz the traffic to my site today has gone through the roof. We have over 3000 views on this thread so far and none of it seems to be hurting me. Maybe I should hire you as my PR director.

Brandon

If you hire me can I access the chat room for free? Your the hottest thing on this board since marketsurfer, maybe you should sell some t-shirts too, I can be in charge of merchandising.

 

[winter]

Quote from hanseng1:

Third, people seem to forget trading is a business. I have a feeling many people on this board have no idea about business tactics. If there is a market for advise, there will be advisors. The whole "if you're good at trading, then just trade" concept is flawed at best. If you can make some extra coin by "mentoring" someone else at a price of $1000 per week, and still trade while you do it, then why shouldn't you do it? Lets say you hit a drawdown in your trading, but you still have clients lining up. Now you have some coin coming in even when you're in a trading slump. This is diversification of your business.

This point is my main hang-up and this explaination does nothing to change my mind.

If someone is really good at trading then they should have plenty of money in reserve AND a sound money management strategy to overcome a trading slump. The idea that a trading guru would require small amounts of money from clients to diversify tells me that the methods he is teaching is not sufficient to generate a solid income from - if that is the case then why would you want to learn to trade from this person? (e.g. you are learning techniques that are not sufficient to generate a steady income as proven by the teacher himself). This all gets back to requiring proof that the person you are learning from actually as a winning system and the track record to back it up.

Full disclosure - I have no experience with Brandon whatsoever (so I guess this puts me in the camp that he is yelling obscenities at earlier in the thread) and he seems to be a reasonable person considering the amount of flack he has received however that doesn't change my overall suspicious opinion of folks that would offer to teach me how to raise a goose that lays golden eggs rather than just keeping the secret to themselves and enjoying the golden eggs that their geese lay.

 

[Brandonf]

Quote from winter:

This point is my main hang-up and this explaination does nothing to change my mind.

If someone is really good at trading then they should have plenty of money in reserve AND a sound money management strategy to overcome a trading slump. The idea that a trading guru would require small amounts of money from clients to diversify tells me that the methods he is teaching is not sufficient to generate a solid income from - if that is the case then why would you want to learn to trade from this person? (e.g. you are learning techniques that are not sufficient to generate a steady income as proven by the teacher himself). This all gets back to requiring proof that the person you are learning from actually as a winning system and the track record to back it up.

Full disclosure - I have no experience with Brandon whatsoever (so I guess this puts me in the camp that he is yelling obscenities at earlier in the thread) and he seems to be a reasonable person considering the amount of flack he has received however that doesn't change my overall suspicious opinion of folks that would offer to teach me how to raise a goose that lays golden eggs rather than just keeping the secret to themselves and enjoying the golden eggs that their geese lay.

You dont have any experiance with me, but you at least took the time to give well thought out reason why a person should be careful. Not just the typical all guru's suck so Brandon must too. Your comments are appriciated. Take care.

Brandon

 

[BSAM]

Don't know if it's been pointed out yet, Brandon, but this thread may be the best advertising dollar you ever spent.

 

[Brandonf]

Quote from BSAM:

Don't know if it's been pointed out yet, Brandon, but this thread may be the best advertising dollar you ever spent.

I definatly agree. Not a single person has come forward to say that they had a bad experiance. In fact the only bad experiance is one that I myself went ahead and looked for and posted.

Brandon