Guru Dennis Bolze missing

Quote from Thunderdog:

I am fairly certain that anyone who believes Larry Williams legitimately won that single trading contest over 2 decades ago and who believes that he is an example of a good trader, is probably not a profitable trader himself. I simply cannot believe that successful traders can be quite so gullible. I do not refer to the percentage returns. Rather, I refer to the considerable controversy surrounding his and the broker's conduct at the time of the contest, his astonishingly pathetic efforts at money management at that very time (hint: these are not likely to be independent events), and the walking dead who attend his overpriced seminars.
More...

T'Dog is absolutely correct. There's absolutely nothing on record that suggests that Larry Williams has been anything more than an average trader since his claim to fame. Why? Because the ridiculous money management he had in place to win the contest and ride his fame wave wouldn't last - he'd blow up very soon. It was a damn contest. Of course, doesn't anybody remember how
much he lost towards the end of the contest to still be at $1M plus . . . of course not, that would simply reinforce the crazy wagers he was making. Did I mention that it was a contest? I don't give a crap whether it was real money or not . . . he gambled big completely knowing that if he could pull it off then he'd have a meal ticket for the rest of his life. And that's what happened.

Larry Williams is my one example which applies to 99% of "gurus" out there - sorry, Larry. Larry Williams again proves the factual point that each individual has a higher probability of making money via education, products, scams, etc. I'm not saying money can't be made trading . . . far from it. But it has a lower probability outcome versus selling trading-related crap.

Selling a dream is like selling porn, except you're the one getting f#@ked when you buy the dream. Buy reality, quit buying the dream people.

So why don't most of us quit trying to be a profitable trader and just try to sell crap to people. Ethics. Once you've established that you can consistently make money trading then your ego will probably take over your ethics. And since most people don't have a large enough account starting out to make HUGE money trading, then selling crap is the obvious, easy path for additional revenue streams.

This is the shame of the wanna-be trader (I was guilty early on), that we follow people to become a professional, but these "gurus" have no documented, verifiable, audited, public, iron-clad, non-simulated track record over an extended period of time. Not one. Not one. Not one.

Not one. (Ok, maybe Larry Levin, but that's floor trading. Can't teach someone to be a floor trader using a computer.) Nobody does this in any other profession, why be an idiot and do it in this profession where your own dollars are at risk?

So go learn to be a trader on your own time. Every day just keep asking yourself, "what would a pro do?" You'll get there. Read Larry's stuff (both Larry's), but don't rely upon them. They don't care about you.
 
Bolze won 100 million in a 2001 lottery. people thought the money came from trading........ Funny!







From the archives of the Gatlinburg Chronicle

Dennis Bolze “Wins it Big” Playing TN Lottery’s Powerball

October 12, 2001 – If he hadn’t bought flowers for his wife, Dennis Bolze of Gatlinburg wouldn’t have been the owner of a winning Powerball ticket worth $100,000,000. Bolze, having matched 6 of the 6 Powerball numbers, was the lucky TN Powerball winner for the October 6, 2001 drawing. There were a total of 55,428 winning tickets sold statewide for that drawing whose values ranged from $3 to $100,000 each.

Shortly after buying his wife a beautiful bouquet of a dozen red roses in the floral section of Save A’Lot Grocery in Gatlinburg, where he works as a cashier, Bolze was once again standing in line to make another purchase. It was then that Bolze overheard the person in front of him buy a Powerball ticket. Not typically a player, Bolze recalled saying to himself, “I’ll buy one, too.” Bolze purchased one Powerball “Quick Pick” ticket. As it turned out, one ticket was all that Bolze needed to win.

Last Thursday, while enjoying breakfast at Tim Hortons, Bolze remembered to check the newspaper for the winning Powerball numbers for last night’s drawing. Realizing that he had matched five of the numbers drawn, Bolze immediately called a friend to ask how much the ticket was worth. “Oh, you won big,” his friend laughingly declared.

Bolze then phoned his wife, who wasn’t home at the time, and said, “Hey, we won it big…we won $100,000,000 in Powerball!” “It was very exciting,” Bolze said about the moment he learned he won.

Shortly after discovering his good fortune, Bolze arrived at TN Lottery headquarters in Nashville to accept his prize. After receiving his check for $70,000,000 (the prize value after taxes) he commented to Lottery officials, “I’m going to buy all the Timbit snack packs that Tim Horton’s makes. ”
The winning Powerball numbers
drawn on October 6, 2001 were 03 – 05 – 13 – 21 – 34. The Powerball was 55, and the PowerPlay Multiplier was 38. Overall odds of winning a Powerball prize are 1:3,600,000. For selling Bolzes' winning Powerball ticket, Save A’Lot Grocery will receive a $10,000 bonus check from the TN Lottery.
 
Wow. $100M That's just about enough to buy a new identity and property somewhere far away from the news. I'm still predicting Mrs. Bolze disappears soon too.
 
rr8f2b.jpg

http://www.powerball.com/powerball/pb_nbr_search.asp
his date & numbers was a hoax
The winning Powerball numbers
drawn on October 6, 2001 were 03 – 05 – 13 – 21 – 34.
 
http://www.cityviewmag.com/departments/real-estate/282-a-giving-life.html


A magical chalet perched on a mountaintop overlooking Gatlinburg is a fairytale setting come to life. It is also where Dennis Bolze, a character in his own right, works to fulfill the needs and wishes of others.

Written by Kathryn Gage
Photography By Gary Heatherly

Google the name Dennis Bolze, and you’ll learn two things: one, he won the lottery (to the tune of $100,000,000) and two, even is at the core of the man whom I......http://www.cityviewmag.com/departments/real-estate/282-a-giving-life.html
 
Seriously, the naivity of some people on this site never stops to amaze me...

Quote from marketsurfer:

Bolze won 100 million in a 2001 lottery. people thought the money came from trading........ Funny!
More...

You really believe it that anyone with 73 million needs to be trading, not to mention using other people's money?

A few posts later from the same site where you got the quote:

"If you talk to Dennis Bolze, you’ll learn that the elaborate story of his mega win was a hoax orchestrated by a friend, and that his real story is every bit as compelling as if he had won the lottery. "

http://www.cityviewmag.com/departments/real-estate/282-a-giving-life.html
 
You must log in or register to reply here.
Back
Top