why do many traders give seminars etc..?

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.
 
Quote from chipper:

I read it many times...

"I made X million over X years and i am such a great trader..blah,blah."

Buy my course, sign up for my newsltter, attend my seminar for $2,000+

WHY do they do this? Oh yeah they always say "My passion is to teach..." So why the $2,000+ price tag then? If it's your callnig and you make sooo much money in the markets why not do it for free or give all your profits to charity?

I mean straight away I lose a lot of repsect for these traders. Why waste your tme hawking your methods around and why show the masses how you make money? Talk about killing it.

Good traders should trade. End of.
because they need to suppliment their income. which really means their "system" is not good enough to make a living from. pretty simple
 
Quote from ProfLogic:

...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.
Actually, if he was a decent, profitable trader, then his P&L would reflect that fact. Further, seeing a trader's P&L over time is not unlike seeing a market's price chart. Useful info. Why would any legitimate seminar promoter who actually trades deprive potential clients from assessing such useful information? Why would he not assist them in arriving at an informed decision?
 
I keep hearing things like: "Why bother with 100k when you can make 1mil?"

Why simple lets say you are a swing position trader and do all of your research and placing of trades in the evening. With your strat you can now easily make about 1mil/year.

Then you realize that if you charged 5k per seat for a week of training, and taught 20 people in that week every month that would be an extra 1.2 mil/ year on top of your trading income.

Lets see 1 mil trading AND 1.2mil for providing 12 weeks of training per year? Yeah I'd do it.
 
Quote from Maverickz:

I keep hearing things like: "Why bother with 100k when you can make 1mil?"

Why simple lets say you are a swing position trader and do all of your research and placing of trades in the evening. With your strat you can now easily make about 1mil/year.

Then you realize that if you charged 5k per seat for a week of training, and taught 20 people in that week every month that would be an extra 1.2 mil/ year on top of your trading income.

Lets see 1 mil trading AND 1.2mil for providing 12 weeks of training per year? Yeah I'd do it.

Just you wait until you start trading with real money.

Sometimes it is better to stay silent than to reveal yourself.

regards
f9
 
Quote from Thunderdog:

Actually, if he was a decent, profitable trader, then his P&L would reflect that fact. Further, seeing a trader's P&L over time is not unlike seeing a market's price chart. Useful info. Why would any legitimate seminar promoter who actually trades deprive potential clients from assessing such useful information? Why would he not assist them in arriving at an informed decision?

Do you know of any teachers that display their track record on their website ?
 
Quote from TudorJones:

I was able to do a Phd in Trading because I was still in college.
no you didn't. honestly, I can't tell if you are really mentally unstable and truly believe what you are writing or if you are just screwing around. the things you write are so absurd, but I can never detect any sarcasm
 
Quote from fearless9:

Just you wait until you start trading with real money.

Sometimes it is better to stay silent than to reveal yourself.

regards
f9

#1 I do trade with real money
#2. I did NOT say that I am making a 1mil per year...not yet anyway.
#3 The whole point was IF someone was doing that then they would in effect be able to double the amount of money from trading by also teaching. Yes 1.2 mil from teaching is a nice amount of money for 12 weeks worth of work.
#4 I have no idea why I typed a response since you have already proven that you have no reading comprehension skills whatsoever. Lets hope you read charts better than words.
 
Quote from fluttrader:

Do you know of any teachers that display their track record on their website ?
I have not sought them out, si I don't know the answer to your question. However, I suspect that there are few, if any. And by track record, I mean their trading account records rather than a list of their market calls, the timing and accounting of which may be called into question.
 
Quote from fluttrader:

Do you know of any teachers that display their track record on their website ?
The best teachers ususally do not advertise themselves and are hard to get hold of (as has been mentioned here, they are ususally very busy making money).
 
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