Quote from Brandonf:
That's generally true in theory, but really you have some people here who have honestly been screwed over badly by vendors. As a result of that they come to the conclussion that all vendors suck, and they chase them all around. I encountered this hundreds of times. It finally got so bad that I actually offered $100 cash for a single former customer of mine to come forward with something bad to say about me or my service on elite trader. I continue to have a bunch of people complain, oh you suck and this that, but not one single one of them had ever even taken a trial membership to my website. Had they done so they could have simply contacted me and collected $100. This went on for like two weeks and covered tens and tens of pages here on ET before we finally closed the page. It just went on and on. You suck, you suck, you suck. I'd reply with: Have you ever been a member or trial member of my site? If you have please give me the email address you used and I'll send you $100? NOT ONE SINGLE PERSON who'd been a member or trial member of a product I'd offered up to that time came forward to collect $100, but I was bashed and bashed and bashed. It never ended. That's just the way it is here sometimes I guess. I really don't blame Alex for how he acts. I was at the Expo in NY back in 2003 and at the ET get together and there was a gentlemen there whod said all kinds of terrible things about me on the thread. He came up to me and was the most friendly person in the world to my face. At that point I didnt know who he was, when I was told Toni made me leave the room because I'm a country hick and I'd have a tendancy to beat the hell out of someone for stuff like that, even if it would be very undignified and bad for business. Anyway..thats just my two cents. I been there and done that.
Brandon
I think that some vendors get bashed, because like Timmay or BullzNBears or Covel, they promote or hype relentlessly without any evidence of knowing what they are talking about.
Some vendors get bashed, because they dance around the subject of allowing serious Due Diligence (use our room free for one day!!! See our cherry picked Track Record "examples"! Listen to our anonymous testimonials we created ourselves!). And of course, they rarely have audited results.
Some vendors get bashed because they become abusive, as Alex and Friends do. A serious vendor or marketer keeps his calm and reputation intact. He has an ignore button, like everyone else. A vendor going toe to toe with a poster who uses foul language is not necessary, it only drags a vendor down to his level.
And I am sure somer vendors are honest and offer something of value, but I have found these to be very few. I have hand sifted through several thousand vendors over the last 15 years or so, and find maybe 0.5% or less have serious outperformance value. And these often do not last. Most of the rest are tech analysis (not PA), Gann, Fib, EW or other garbage vendors who get dazzled by their own back tests or lie outright or misrepresent themselves to potential customer. Most of them are not themselves successful traders.
I was thinking maybe Marty R is along this path, but he has so far ignored my direct question about how does HE do trading his own offerings. A fair question and we will see whether he ever accurately answers it.