I only post trade entries for the following week -any dickhead can pull up a chart from February and say "Here's what I did" I was asked to write for a blog that has a weekly options trade in the UK. 228 trades later- <20 small losers.
Educators who Have Zero proof they even trade (99%) - wtf?
- Thread starter KCalhoun
- Start date
Posting on a blog sounds like the same as paper trading, I could use your own words back at you 'any d***head' can do that. It is easy to make virtual money in a paper trade account.
But did you take *all* those 228 trades in your real money account at a decent position size? If so how much real profit did you make?
I give some points to KCalhoun, at least he posted a real statement, even if it was 12 years old.
Last edited:
It is funny to see that the only one who posted a real account got attacked while all the other fakers who posted NOTHING escape the "execution of the fakers". Tells a lot about the people who attacked KCalhoun.
The only point they have is that the performance was from 2009. Should have been more recent.
Thanks, and I regularly post example PnL proof of current real trades I'm in, eg https://www.elitetrader.com/et/posts/5422166/
That's the entire point of my thread.
Educators should be able to show proof that at least they really trade.
But they don't, and I'm surprised people buy courses etc from posers who have no proof that they trade at all.
Many traders would be surprised to learn that they trade much more than their favorite poser-guru.
Last edited:
Well maybe like trading you have to take what the market gives you. Apparently actual trading is not important to prospective customer.
You are selling courses, not trading for a living. Might be time to rethink your marketing strategy.
What seems to be important is results. You are trading a real money account. Why not start next month with $10,000 (or whatever) in a real money account and turn it into whatever you are capable of. The amount you trade doesn't really matter. I say 10k as it is probably a reasonable amount for your customer base to trade.
Then you have something you can market. Trading real money in a real account I was able to turn 10K into $XXX. At least you can then compare your results to a managed fund. Specific results will bring you customers.
If you are not willing to do that then consider spending what ever it takes so that Google brings your name to the top when a prospective customer googles trading courses. Got to get your name out there. As a fisherman you have to go where the fish are.
All great conversations here.
My view is that if an educator doesn't need to show proof of his trades (pnl) to sell courses, why would he?
I think its safe to say that most of the members here wouldn't purchase a course unless they are certain that the educator is 'legit'.
Most of these educator's students are exactly that, naïve young adults that are attracted to the 'lifestyle' that is portrayed by these educators.
You can't deny that these types of marketing tactics work incredibly well as they are giving there target demographic exactly what they want to see', even though its 'unscrupulous' behavior by the educator, it sells courses.
If you can't decide on teaching people what they need to here (honest appraoch), or what they want to here (unscrupulous) and your ultimate goal is to sell a lot of courses, the latter is much more reliable.
My view is that if an educator doesn't need to show proof of his trades (pnl) to sell courses, why would he?
I think its safe to say that most of the members here wouldn't purchase a course unless they are certain that the educator is 'legit'.
Most of these educator's students are exactly that, naïve young adults that are attracted to the 'lifestyle' that is portrayed by these educators.
You can't deny that these types of marketing tactics work incredibly well as they are giving there target demographic exactly what they want to see', even though its 'unscrupulous' behavior by the educator, it sells courses.
If you can't decide on teaching people what they need to here (honest appraoch), or what they want to here (unscrupulous) and your ultimate goal is to sell a lot of courses, the latter is much more reliable.
Who in the hell would know? I am pretty sure few people can stay awake long enough in his videos.
Free advertising of sorts. I would think that obvious
I bought all of his four books, never finished half of any books. Same on his videos.
Why would you buy the second book if you didn't finish the first?