Quote from lazybones:
...I asked my best friend to go. My posts make me out to be some very tough guy with a point to prove as some of you have said in your fan mail (PM).
We will call my friend, Jim. He's and active futures trader and has been making a living doing it for many years, and did well as a local. He looks like an old investor, "his looks are deceiving". He shows up to a lot of free seminars with his costume...an AM radio in his pocket with standard issue earphone and a ratty looking newspaper. Most people won't speak to him about the market, they guess he's living on social security checks.
I listened to the digital recorder that Jim brought with him, and I agree that Jai was âupfront and legitâ. Heâs certainly an excellent speaker, and based on what I heard and what Jim said, Jai is emphatic about the markets and appears to be a trader. During the short break Jim was listening to him talk about his trades in KLA Tencor and Cephelon in the past week.
My opinion is thisâ¦I have spoken with Jai a few times on the phone, listened in on one the conversation he had and listened to his seminar. Jim is convinced that everyone is a scam artist, and he feels that Ramoutar is definitely not one of them. But in the end, who really knows. Iâve confronted him several times with questions and he answered them (through the posts). In another thread someone asked me if â I was doneâ, or âmission accomplishedâ. The good comments made by members here could very well be âaliasesâ but I asked them if they would give me their name and telephone number if I had more questions and they said no problem, I donât think their aliases.
My two cents: if you can learn from books, research, videos and cd roms then go for it. Will you learn how to trade? Maybe. It works for some people and doesnât for others. Itâs what you feel comfortable with.
Just make sure that who and whatever you choose is not a scam. A good and long reputation goes a long way in my book. There are many great mentors out there and twice as many bad ones.
