Quote from Thunderdog:
But that referral would have to come from someone I know personally for it to have any meaning. I place absolutely no weight on the testimonials of people I don't know. Larry Williams has no lack of testimonials from the likes of Stan B. or Linda W. or Frank N. and so on, etc., ad infinitum. But, from an article I read a while back, none of the attendees at his seminars seem to have actually had such success; they always seem to be on the verge of profitability...always within view, amost within reach, but always just outside of their grasp.
However, I will concede your point that if someone who I know and whose opinion I respect took a course and recommended it, then I would not summarily dismiss it.
Regardless, do you not think that a good and stable P&L serves a useful function in the absence of such personal referrals?
Read what I wrote. That's exactly what I said. References from people you know.
The person I learned all my market basics from was a decent trader, not wildly successful but profitable. Now the foundation and grounding he gave me regarding the markets was priceless though and that couldn't be tracked from a P&L statement.