Here's what happened after i buy course from Scott Phillips

hakansuer said:
Scott was a great guy, he helped me a lot, even provided free help, but he doesn't create a live log with real money. (Like this -> https://www.darwinex.com/account/L.10301)

I wish he had done that and none of this nonsense would have happened. He didn't do it with a demo account either. He's creating a log with assumptions, including lots of bias of course. Sadly, he's not aware of this and what this assumed results do to people.

You can not trust anyone in this industry who doesn't share live results. Actually, you shouldn't trust those who do that as well.

He provides great information but he's just another stop for those who search his savior without putting the real work by themselves and end up figuring out how alone we're on this quest.

Anyone who believes he can buy a chicken laying golden eggs for a bunch of dollars should grow up.
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That's because 100% of system sellers are profitable. Selling the sizzle... also doesn't help that the guy is a sub-human skieve. The guy talks about coding and he has ZERO knowledge. He sells github IP and doesn't know how to implement.
 
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lol an email to Ates, buying some long chain IGF, facebook appeal (lol), email password, "chasing pussy" ...

Dude needs a reminder to chase poon. And no, I don't think he deals in Plutonium.

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Marketing a trading system is a business plan based on marketing, not on trading income.

It is one thing to read books by traders who talk about their trading system because it gives you insight on someone putting together a trading style, looking at some indicators and doing some backtesting in a way. They of course leave out their unique skill in seeing the market through their eyes that can never be conveyed in a book so you might think they are giving away all their secrets but the author knows 100% that 100% of the readers will never follow the book 100% the way the author trades it so his "secret" is safe hidden in plain view.

But they are helpful to get inside someone else's head and just get ideas you take back to your screen. I have read numerous books by traders that highlight their system and it just gives me ideas to explore on my own. In the early days it gave me tips on how to develop something and test it and trade it.

But a book is not the same as someone selling a system through a marketing campaign. No one writes the book to become rich, it is usually for self serving achievement ego or to gain credibility. Nothing wrong with that.

But to create a company to sell your trading signals or secrets is the first sign that someone has some basic shit dressed up to look fancy and will make all their money from sales, not trades.

If I have a system that produces 20-30% annually with little or few losses, I put together my own money and trade it and in 5 years you have well close to 6 - 7 figures even if you start small.

$50,000 a year at 20% annual growth reaches about $125,000 in 5 years. Imagine if you could get $100k or $200k to start. You will never reach in sales what you could make in trading if it is a real system! If it is bullshit then you are better off selling it to suckers until you are found out.

Even Tim Sykes who made a million in a really noon-crowded area of the market before the full internet info access revolution makes 10 times that whoring his shit than trading it.

Bottom line: NO SUCCESSFUL trader becomes a system sales person unless:

1. They cannot consistently make money so take 1 good year of results and use that to whore their system.
2. They sell sell sell until they are figured out and pocket the money
3. They never were a consistent successful trader.
 
Now in this case, we have a drug addict who stole and lied to get money to fuel his drug addiction and when in prison making license plates he found the holy grail...
 
destriero said:
He just sent this. Really.

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"You are looking for a candle that is a visual representation or a market trying to go down and failing..."

Scott, bubbe, don't look for it in a candle. Look for it in other ways.

Like trade war headlines. You HAVE to gel the trade war sentiment into your "system". Ever since May 4th 2019 it has been the major driving force of equities (and to some extent every other commodity out there). Geez!


failed down move for ES scott whomever dude.JPG
 
destriero said:
He sends an email on reversal bars and why you shouldn't rely on the backtest. I wonder why?
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Oohhh ohhh! *channeling Horschack here, from Welcome Back Kotter*.

Because, ummm, bacteysts are fuh murons because they do not provide guidense for the futah. (I tried my best to type the 1970s New York Jew accent there.)
 
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