I was just saying that they are not really an elite group. Generally, I find a few knowlegeable traders wherever I see an internet group. But they are usually drowned out in a sea of hawkers, blindness and lemmings.
The Greater Seattle Business Association. I do not believe you can solicit to manage money and post a track record without disclosure languange even if you are registered.
I can't find Profit Navigator. I guess they pulled their ad. Interesting audience they are targeting:
"Welcome to the Greater Seattle Business Association (GSBA), the Lesbian, Gay, Bisexual, Transgender (LGBT) and Allied business and professional chamber of commerce, proudly serving our community since 1981."
a trading coach or mentor slap you in the face when you start FREAKING OUT.
a book can't slap you the face.
Quote from BestGuruEver:
I think most of us have a passion in the markets, bought a few books to increase confidence, experimented with a few different trading "systems", and made some/lost some money.
The bigger question is : OK, i've taken 25k and turned it into 26k after the account went from 45k to 15k, now what? Should I get a "guru" and pay a few thousand? A seminar? Buy DVD's for $500? What will take me to the next level? I really want to take this seriously, and I would like a mentor who I trust.
So, I have "called out" many, many "gurus" who offer $5000 seminars, $500 DVD's, one-on-one master training skills...
and after telling them that I needed to see results for a few years before I gave them thousands, NOT ONE actually did it. WOW. All likely frauds. It's amazing how many of them don't even trade, lost a ton, trade with about 10k maybe, etc...
Here is what I would do before you give the Youtube or online "gurus" your money:
Tell them, "Hey, I think you have a great system, I've been burned before (lie or not), and I would like to see some results for a few years just so I know i'm with the right person. Thanks for your time."
(response is usually convoluted, or they want to send you testimonials, explain to you why results don't matter, etc.....)
Then ask once more.
Then they get mad.
Then move on until you find someone that you feel comfortable with AND SHOWS YOU THEY ACTUALLY MADE MONEY.
It's a business......do your homework. If you want to be a great baseball player, do you hire someone with zero references? No, you need to know he (a) plays baseball, and (b) can play well.
I've seen and met people who spent $10,000 with "gurus" that confided in me that they really don't trade at all, have less than 10k in an account, and that the people that pay them are "suckers." Don't be a sucker.
