Quote from MBC:
WHat exactly would be useful then if discussin openings etc; is worthless?
Good question, LOL. I don't know how to respond to the obviously disgruntled, other than to say we have had hundreds who have benefited, some trade with us, many with other firms.
Our classes change every time, to keep up with market conditions. Some basics must be taught, of course, to be sure everyone is on the same page.
Our retreat in December brought our very top people to help the rest of the troops so to speak.
We take all this, along with my brother (whose trading record I will compare with anyone's, $10mil plus in 2011), who shares several hours with our class. He tends to get more into Macro economics on a personal level (not buzz words, real info), and brings reality to all this.
I understand that some people may not grasp all this the first time around, and even those who trade elsewhere can return free of charge.
I also understand that new people may not see and hear what they "HOPE" to see, in other words, backing up their ideas. We do tend to burst bubbles in many cases. I can understand that if someone spent years devoted to something, and it simply is not real, and does not work in today's market, that they would be upset. I have reviewed many a trading plan, based on back testing or some sort of algo, fibanocci, etc., just to have to explain to the trader some facts that may negate many of their ideas. I don't like doing it, but I prefer doing that than just lie to them to keep a "fan."
Heck, even John Bollinger refused to go on stage with Bob or I after my brother challenged him and some of his charts. I eventually called John, and had a decent discussion with him. Perhaps a bit of an over-reaction. We do tend to be frightfully honest, sometimes scares or upsets people. Most prefer it.
We, as a trading firm, have to deal with reality. I have spent the last 20 years doing my best to share the daily trading environment of our top people with our students.
I will compare our training to anything out there, and hope to see some of you here in a couple of weeks. I'm hoping that my health will allow me to do 3 classes this year, January for sure.
All the best,
Don
