Don Miller 2.

Quote from bobfrank:

PureTruth: How is it you are so ignorant when it comes to the CFTC Disclaimer which is required by law in the NFA Manual/Rules? You will not find one Trading Educational Forum that does not address the issue of Hypothetical Results because they are required by law to put it in.

Bob


The hypothetical disclaimer is required when you present hypothetical results and since 99.999 % of educational sites are scammers (failed traders, webmasters with slick sites who never placed a trade in their whole life,....) who have no actual results ...


Here the facts by a CTA :


Quote from the1:

Here is the conclusion on TI. I previously managed a Hedge Fund and I currently run as a CTA and I am <b>not</b> required by law to use CFTC Rule 4.41 because my trading RESULTS are <b>REAL.</b>

What is CFTC Rule 4.41 you wonder? Here it is, lifted off the TI site. Any company who posts this rule does it because they are <b>required by law</b> to do so. In other words, it's highly likely some or all of their trading results are hypothetical.

<i>Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under -or over -compensated for the impact, any, of certain market factors, such as lack of liquidity. Simulated trading programs in general area also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that an account will or is likely to achieve profits or losses similar to those shown. </i>


http://www.elitetrader.com/vb/showthread.php?s=&postid=2638340


Anytime you see that hypothetical disclaimer .....RUN ..don't walk because you are dealing with snake oil FAKERS who don't trade themselves....


hypothetical results > hypothetical disclaimer
(used by sellers of a fantasy system, a dream never going to come true)

real results > no HYPOTHETICAL disclaimer (other disclaimers still apply)

Do you get it NOW , Bob...Don...whatever ?
I hope everything is clear now...
If not , just let me know



What we learned from Don ?

Start a free blog and put some numbers on it pretending you are making big money, do it for some time to get enough interested people.
Then take away all those so called real results and start to sell a course.
People will think they take a course from someone who makes the big money despite the fact that there is a hypothetical disclaimer on the site.
Legally Don is on the safe side despite the fact that he succeeded in fooling people that he is the real deal ...nice trick , Don ..






P.S. Talking about ignorance...LOL
 
Quote from puretruth:

The hypothetical disclaimer is required when you present hypothetical results and since 99.999 % of educational sites are scammers (failed traders, webmasters with slick sites who never placed a trade in their whole life,....) who have no actual results ...


Here the facts by a CTA :




http://www.elitetrader.com/vb/showthread.php?s=&postid=2638340


Anytime you see that hypothetical disclaimer .....RUN ..don't walk because you are dealing with snake oil FAKERS who don't trade themselves....


hypothetical results > hypothetical disclaimer
(used by sellers of a fantasy system, a dream never going to come true)

real results > no HYPOTHETICAL disclaimer (other disclaimers still apply)

Do you get it NOW , Bob...Don...whatever ?
I hope everything is clear now...
If not , just let me know



What we learned from Don ?

Start a free blog and put some numbers on it pretending you are making big money, do it for some time to get enough interested people.
Then take away all those so called real results and start to sell a course.
People will think they take a course from someone who makes the big money despite the fact that there is a hypothetical disclaimer on the site.
Legally Don is on the safe side despite the fact that he succeeded in fooling people that he is the real deal ...nice trick , Don ..






P.S. Talking about ignorance...LOL

It is hilarious that someone who goes by the nick PureTruth spouts so much that is the very opposite of the truth and all based on faulty conjecture. Don is not difficult to contact and very generous with his time, try giving him a call if you want to resolve these issues for yourself. I suspect that you won't do that as you seem to have another agenda here.

Don's trading results are easily corroborated by his broker and they are real (as I have seen for myself) not some hypothetical sim gains like those of a recently banned poster, coincidentally another PT.
 
Quote from Mvic:

and they are real (as I have seen for myself)


How have you seen those results ?

By satellite ?

How come only anonymous posters have "seen" this ?!
The whole world could see them if Don would put them on his website...

Please,do tell us what is so false...

My agenda ?

Pureslick decided to leave ET
Larry Williams thread's were closed

I must be doing something right ,no ? LOL

Ask him to put up those actual results on his website , something none of the other vendors do and take away the hypothetical disclaimer...




P.S. Here I called out Jeb9999, 1 of his prominent defenders

http://www.elitetrader.com/vb/showthread.php?s=&threadid=177074&perpage=6&pagenumber=27

He hasn't posted since then...
 
Quote from puretruth:

How have you seen those results ?

By satellite ?

How come only anonymous posters have "seen" this ?!
The whole world could see them if Don would put them on his website...

Please,do tell us what is so false...


Ask him to put up those actual results on his website , something none of the other vendors do and take away the hypothetical disclaimer...




P.S. Here I called out Jeb9999, 1 of his prominent defenders

http://www.elitetrader.com/vb/showthread.php?s=&threadid=177074&perpage=6&pagenumber=27

He hasn't posted since then...

Bottom line is that they are available to anyone if they want them, all you have to do is ask. Picking up a phone is really not that difficult for anyone who has a serious interest. All this internet conjecture is a bit silly when the real info is a couple of phone calls away. Nevertheless you seem to be enjoying yourself and it is entertaining so please carry on :)
 
Quote from Mvic:

Bottom line is that they are available to anyone if they want them, all you have to do is ask. Picking up a phone is really not that difficult for anyone who has a serious interest. All this internet conjecture is a bit silly when the real info is a couple of phone calls away. Nevertheless you seem to be enjoying yourself and it is entertaining so please carry on :)



Again, what have you seen ?

Did Don email you his statements ?
 
Quote from puretruth:

Again, what have you seen ?

Did Don email you his statements ?

I don't want to say specifically as it will identify me to those off line who know me and frankly I am not all that proud of some of my posts on ET made while venting (and my views have changed over the years). I will say that what I have seen is unambiguous. Best thing to do is to follow up with Don by phone yourself and I am sure he will get you what you need.
 
Quote from Mvic:

I don't want to say specifically as it will identify me to those off line who know me and frankly I am not all that proud of some of my posts on ET made while venting (and my views have changed over the years). I will say that what I have seen is unambiguous. Best thing to do is to follow up with Don by phone yourself and I am sure he will get you what you need.


If Don really had anything substantial like ACTUAL results, he would put them on his website without a hypothetical disclaimer and there would be no need for anonymous shills like you with vague commentaries about what they have "seen" ...
 
Quote from Mvic:

Best thing to do is to follow up with Don by phone yourself and I am sure he will get you what you need.

I bet people said the same thing about Madoff. "Just give old Bernie a call, I am sure he will get you what you need."
 
Quote from puretruth:

If Don really had anything substantial like ACTUAL results, he would put them on his website without a hypothetical disclaimer and there would be no need for anonymous shills like you with vague commentaries about what they have "seen" ...
He won't do it, I'm giving up. Good luck to the jellies, hopefully we will hear from them some day.
 
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