Quote from Turhovach:
dandxg - " I don't care much for Chris' ( develper's) attitude"
Boy, you're not kidding. As it happened, I was in the "Leverage FX Room" today (bored). Talk about attitude. Apparently these guys just came out with a new "system". Seems they're into black box stuff now. Someone in the room asked about the mechanics behind the signals and was told "to not worry about it, just buy on the green arrow, its been backtested successfully."
Sounds like they are going to go in the direction of managed accounts. And he's got all these newbies just frothing at the prospect. Just another shill operation in the making if you ask me...
I am always shocked at how easily annoyed people are. I'm an honest person, tell it like it is. I do my very best getting our new traders making money as fast as possible. They get SIDETRACKED so easily! My job as their coach is to get them to focus on what really matters. Trading with the trend, money management, buying uptrends on pullbacks, shorting downtrends on rallies, knowing statistically when the trends are likely to stall and reverse, etc.
If my bluntness in the class offended your delicate sensibilities I deeply apologize. I really don't care if I offend some people. The majority of my class love my teaching because I've transformed most of them from losing traders into winners. Trading can be brutal, most people lose at it. It could be compared to war.
Do you really think in boot camp the sergeant hand holds the troups or do you think AT TIMES he is rough with them, tries to make them men, and to learn the REALITIES of war.
Yes I can be an asshole in the training room, I've toned it down over the last few months because of criticism. But when I think of the alternatives between saying something HONEST and blunt and keeping my mouth shut, I'll be honest. Because if traders don't get the point that not taking small losses is the way to go, if traders don't use the tools that we give them and end up losing money because of it, I want that behavior to stop.
My goal as a trainer is to get every one of my traders profitable. Trading isn't for everyone, not only do you need to know how to trade which is what I teach them, you also need certain psychological traits, TOUGHNESS, Patience, Discipline to exit with a small loss, a non quitting attitude, ability to overcome greed and exit with reasonable profits vs letting profitable trade turn into loss, and many more attributes. I could get dozens of my students to come in here and post what they think about me, you will see almost all positive reviews because I do care about them and their success.
I have at times in the class said "If you know you are wrong, get the @#$ out of the trade! If you don't, you're an idiot." "If you don't want to make money trading forex then don't use the Fibs"
I have also many times berated myself for stupid decisions that have cost me money, I have been an idiot many times in trading over the years, not accepting I was wrong and letting my ego get the best of me.
I have not responded to these posts because I don't really care what people think of me, our results speak for themselves and most of our traders make money.