Anyone going to this seminar?

Samson77 · Jul 12, 2005

Quote from ElectricSavant:

He was a paying sponsor and did you notice no one was able to answer his challenge, but did you notice the reaction in ET?

I think "us sensible" traders can see that once you become a vendor, there is many mis-understandings.

I am not defending "snake oil" salesman, I just am not sure which way I am going to go. Do I go down that inevitable path of losing some trading friends, or do I just trade my own money.

I can only speak for myself, and not for ProfLogic or Brandon. They seem to paying the price.

Michael B.

Michael

So long as an educator provides FAIR value and 90% of his clients are happy with that value, then he is OK in my books.

You will never please everyone but you should please the majority or change your price.

I don't think anyone ever complained about buying a $100 book too much and I don't think anyone ever complained about paying 5k for something that made them 100k.

This is the fine line you will walk, so be VERY careful.

vulture · Jul 12, 2005

ElectricSavant is defending the other vendors because he aspires to become one himself. You cant tell me that entire Cash and Carry thread isnt your way of throwing it out there to see what sticks.

Samson77 · Jul 12, 2005

Quote from vulture:

ElectricSavant is defending the other vendors because he aspires to become one himself. You cant tell me that entire Cash and Carry thread isnt your way of throwing it out there to see what sticks.

He just admitted that

Samson77 · Jul 12, 2005

Michael

The richest men in this business all got that way from trading OPM (other peoples money) not selling systems.

Jut keep that in mind.

ElectricSavant · Jul 12, 2005

Are my friends turning already?

I have not decided how to proceed. Yes, I would like more capital to trade.

Michael B.

Quote from Samson77:

Michael

The richest men in this business all got that way from trading OPM (other peoples money) not selling systems.

Jut keep that in mind.

electron · Jul 12, 2005

Quote from Samson77:

Michael

The richest men in this business all got that way from trading OPM (other peoples money) not selling systems.

Jut keep that in mind.

Yeah, but not everything is about money, some people would choose more freedom rather than more money. For instance, I would not like trading for others because that means more responsibility and so less freedom. I have got enough money, now I want some more freedom. I believe that is a pretty natural progression. Once you got some financial security, you care more about other things, especially those that money cannot buy.

ElectricSavant · Jul 12, 2005

When I was a CTA, for me it was the selling that I hated.

When I talk to people about my system, I can just tell them every thing negative about it, as I do not like to be the trader and the seller, as it gives me too much pressure and can effect the way I trade.

I have confidence in my system and I am demonstrating it live in my Journal here. I guess what I would be selling is my time and expertise as the author of the system.

Michael B.

Quote from electron:

Yeah, but not everything is about money, some people would choose more freedom rather than more money. For instance, I would not like trading for others because that means more responsibility and so less freedom. I have got enough money, now I want some more freedom. I believe that is a pretty natural progression. Once you got some financial security, you care more about other things, especially those that money cannot buy.

PitchBlack · Jul 12, 2005

Quote from electron:

Yeah, but not everything is about money, some people would choose more freedom rather than more money. For instance, I would not like trading for others because that means more responsibility and so less freedom. I have got enough money, now I want some more freedom. I believe that is a pretty natural progression. Once you got some financial security, you care more about other things, especially those that money cannot buy.

Indeed, but only those who reached this stage know that everything is not about money. For the average investor only those who are super rich have a well working system. People who choose for quality of living, instead of more money (and more worries), get the stamp "loser".

Samson77 · Jul 12, 2005

Quote from electron:

Yeah, but not everything is about money, some people would choose more freedom rather than more money. For instance, I would not like trading for others because that means more responsibility and so less freedom. I have got enough money, now I want some more freedom. I believe that is a pretty natural progression. Once you got some financial security, you care more about other things, especially those that money cannot buy.

Very true, but making money isn't always about the money.

For some it's the challenge and others it's the ability to give more to those that need it.

ElectricSavant · Jul 12, 2005

What is Fianancial Security? When is enough...enough? What drives Bill Gates, Donad Trumph or Buffet.

I have read about these guys simply seek effectiveness and improving efficiency...

Michael B.

Quote from electron:

Yeah, but not everything is about money, some people would choose more freedom rather than more money. For instance, I would not like trading for others because that means more responsibility and so less freedom. I have got enough money, now I want some more freedom. I believe that is a pretty natural progression. Once you got some financial security, you care more about other things, especially those that money cannot buy.