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Market charlatans
- Thread starter MarketOwl
- Start date
How come people are allowed to "out" the charlatans here these days with impunity? Or at least without the gestapo deleting the posts.
I would wish to be a little more guarded in my comments but the amount of sheer dangerous nonsense out there is staggering. The knowledge of some of these people is razor thin and many of them don't trade at all. I remember buying a garbled version of the long dead Turtle system some years ago (in my ignorance). Happily it was my first and last time being ripped of by a "vendor/educator".
Ah well, the world won't change.
I would wish to be a little more guarded in my comments but the amount of sheer dangerous nonsense out there is staggering. The knowledge of some of these people is razor thin and many of them don't trade at all. I remember buying a garbled version of the long dead Turtle system some years ago (in my ignorance). Happily it was my first and last time being ripped of by a "vendor/educator".
Ah well, the world won't change.
Quote from AFJ Garner:
How come people are allowed to "out" the charlatans here these days with impunity? Or at least without the gestapo deleting the posts.
I would wish to be a little more guarded in my comments but the amount of sheer dangerous nonsense out there is staggering. The knowledge of some of these people is razor thin and many of them don't trade at all. I remember buying a garbled version of the long dead Turtle system some years ago (in my ignorance). Happily it was my first and last time being ripped of by a "vendor/educator".
Ah well, the world won't change.
There are very, very few educators whose teachings does not have any value. The problem is want to be traders, who think they will master the markets by reading one or two books or by attending a seminar/ webinar or two. When these adventurers lose a few $, you see them on every blog, messaging board blame every body for their state but their mothers.
Wake up trading is a serious business and positive returns are only given to those who have put in the time plus work and have earned the right to claim those returns.
Now go cry me a river...
The best information is available for free once you have bought/leased a back testing engine and obtained data. Most back testing engines come with plenty of sample systems to tweak. Supplement this with a few good trading books like Kaufman's and look at some of the excellent free blogs out there and you can do away with the vendors and educators.
I continue to add to my list of good blogs and the quality out there is staggering.
No need to "cry any rivers". Just don't pay out good money for the mostly appalling rubbish on offer out there.
I continue to add to my list of good blogs and the quality out there is staggering.
No need to "cry any rivers". Just don't pay out good money for the mostly appalling rubbish on offer out there.
Quote from AFJ Garner:
The best information is available for free once you have bought/leased a back testing engine and obtained data. Most back testing engines come with plenty of sample systems to tweak. Supplement this with a few good trading books like Kaufman's and look at some of the excellent free blogs out there and you can do away with the vendors and educators.
I continue to add to my list of good blogs and the quality out there is staggering.
No need to "cry any rivers". Just don't pay out good money for the mostly appalling rubbish on offer out there.
Agreed.
Indeed.Quote from AFJ Garner:
How come people are allowed to "out" the charlatans here these days with impunity? Or at least without the gestapo deleting the posts.
I would wish to be a little more guarded in my comments but the amount of sheer dangerous nonsense out there is staggering. The knowledge of some of these people is razor thin and many of them don't trade at all. I remember buying a garbled version of the long dead Turtle system some years ago (in my ignorance). Happily it was my first and last time being ripped of by a "vendor/educator".
Ah well, the world won't change.
You see, ousting charlatans creates "Biffo", and this is good for the site as there isn't enough "Biffo" in meatspace, so people need "filler".
This translates to more active threads which is good for ET's sponsor generated revenue.
Having said that, we have had slimey stealth vendors in the past whose arsechum buddies did some "moderating". That did not last as they were caught altering the posts of others and hence were booted off post-haste.
Quote from AFJ Garner:
The best information is available for free once you have bought/leased a back testing engine and obtained data. Most back testing engines come with plenty of sample systems to tweak. Supplement this with a few good trading books like Kaufman's and look at some of the excellent free blogs out there and you can do away with the vendors and educators.
I continue to add to my list of good blogs and the quality out there is staggering.
Good points. I too have found a few good blogs out there and I prefer blogs to trading forums. But forums can be somewhat useful too.
Why did you list John Carter here?
His book is pretty solid in terms of the usefulness and practicability of the ideas presented there and you can easily see his live trades TOS live platform in free videos that he is posting every day on his website.
I don't see anything charlatanistic about him.
His book is pretty solid in terms of the usefulness and practicability of the ideas presented there and you can easily see his live trades TOS live platform in free videos that he is posting every day on his website.
I don't see anything charlatanistic about him.