Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

cityboy12 said:
Spreadprofessor...I noticed that you charge $7500 for teaching people to trade. This is for a full package of 100 hours of webinars and 12 months of mentoring.

Can I ask you, if you are that successful, why you are taking on clients on a non-performance fee basis? Also, why you are taking on clients at all and not attracting outside capital (particularly as you have an institutional background)? Do you provide your clients with an audited P&L?
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Don't deflect on me. It's your thread, bub. You're the one making wild judgemental value statements. I am fortunate enough to have a background where I can add some insight to some of your incorrect characterizations.
 
bone said:
Don't deflect on me. It's your thread, bub. You're the one making wild judgemental value statements. I am fortunate enough to have a background where I can add some insight to some of your incorrect characterizations.
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I am not deflecting, I am shedding the light of transparency. You posted a comment that you worked in a hedge fund in order to negate my argument. Other supporting posters suggested one of the external videos was a 'hack'.

I simply pointed out that you charge $7500 for mentoring on your website for 12 months and also provide 100 hours of webinars fully included within the price. However, this appears to be a risk-free trade for you as you do not charge a performance fee.
 
speedo said:
Price Drivers ?
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Read the posts...I never failed because I was on the 'right side of the trade' e.g. as a stockbroker or a portfolio manager. For more detail please read past posts.If clients made or lost money I always made money.

No price drivers...sorry to burst your bubble.
 
cityboy12 said:
Read the posts...I never failed because I was on the 'right side of the trade' e.g. as a stockbroker or a portfolio manager. For more detail please read past posts.If clients made or lost money I always made money.

No price drivers...sorry to burst your bubble.
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Not many ET supporters of what cityboy is saying, but I agree in principal with most of it.
 
Thanks.

By the way, if anyone else from the 5000 or so views agrees in principle (...I may be wrong on some things) please post here.

Also, please contribute to the thread with your experiences and case studies. There are a few vocal haters who base their posts on emotions and name calling and not facts but I suspect that there are many in the silent majority who might share similar opinions.
 
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