why do many traders give seminars etc..?

[fearless9]

Quote from marketsurfer:

what people on ET refuse to accept is that RISK is proportionate to GAINS. Large risk is needed for large gains. large risk, by definition, can cut both ways. very very few can do it any other way...and those that can, have something that YOU CAN"T ACCESS.
surf

I think that I can see what you are driving at Surf.

I believe that addressing the gain/risk ratio before anything else is what establishes a Trader from a Chartist.

Once the Trader has developed a strategy that keeps him/her within the bands of a high gain /risk ratio they can then commence to increase the trade size. This is where the money lies.

As the trade size increases the task of the Trader is to remain within the gain/risk bands and size will take care of the rest more or less.
In reality it just brings you to the coalface of another set of issues.

I think that this is the point that TD is making.

This is a very purist point of view of course, the reality of trading size is not so simple, but never the less the Traders roadmap looks different from that of the Chartist.

The great difference IMO is that the Trader knows he/she is a Trader because they think like a trader.
The Chartist merely thinks they are trading.

regards
f9

 

[TraderZones]

Quote from gnome:

Suggestion..

If you're contemplating paying for a seminar, require the promoter document that he's made $MILLIONS PER YEAR FROM TRADING over at least a few years. (That will eliminate the charlatans.)

Otherwise, steer clear.

Unnecessary - all you need is an independently documented track record. There are a number of sites that do this.

Or, a lengthy free trial, that correlates with a website track record.

 

[ProfLogic]

Quote from austinp:

<i>"Knowing who you really want to be is crucial in confronting self destructive issues that plague traders who're moving past the newbie stage and into the profitable stage.

Why do winning traders so often blow up? Because the money didn't give them the happiness they associated with success."</i>

Pa(b)st, the main thing this entire website needs is more posts from you & yours, less posts from those who cannot know what they do not know, yet

Hope the bonds are treating you well... I'm back to intraday trading ZB myself. It offers one ~ two +'16 tick swings per day if not bigger. Much more straightline $500 per contract swings than equivalent +10pt ES swings.

Dem bons be pretty today huh!!

 

[trickshot]

Quote from rhymeswithorang:

Professional traders don't give seminars. Their edge is worth far more than they could collect at a seminar. Pay for a seminar = wasted money. Period.

precisely.

 

[fluttrader]

Quote from TraderZones:

Unnecessary - all you need is an independently documented track record. There are a number of sites that do this.

Or, a lengthy free trial, that correlates with a website track record.

Indeed, such as Collective2 ,any others besides C2 ?

 

[marketsurfer]

Quote from TraderZones:

Unnecessary - all you need is an independently documented track record. There are a number of sites that do this.

Or, a lengthy free trial, that correlates with a website track record.

does any vendor even offer this? why don't vendors prove their worth on C2 or the like?


surf

 

[fluttrader]

Quote from rhymeswithorang:

Professional traders don't give seminars. Their edge is worth far more than they could collect at a seminar. Pay for a seminar = wasted money. Period.

yes, only for marginal profitable traders it makes sense to supplement their income with seminars , courses,etc...

 

[fluttrader]

Quote from marketsurfer:

does any vendor even offer this? why don't vendors prove their worth on C2 or the like?


surf

I have never seen a vendor doing this, let me know if you find one. (Imagine the credibility a vendor would gain from a profitable independently verified track record)
Why they don't do that ?> nothing to prove

It makes sense ,no ?

 

[NihabaAshi]

Quote from marketsurfer:

does any vendor even offer this? why don't vendors prove their worth on C2 or the like?


surf

Don't be confused because most traders don't use a mechanical trading system which might explain why most traders don't use C2 or the like.

Then again, you already knew that from prior discussions involving rcanfiel when he (a mechanical system designer vendor) wonder why most traders didn't entertain his request to reveal their system to him although those discussions wasn't about vendors.



Anyways, brokerage statements along with brokerage statements/testimonials by vendor clients or any trader should be suitable for situations where a trader isn't using a mechanical system...

Although rcanfiel strongly disagree.

However, nothing beats proof via watching any trader trade in front of your own two eyes in person.

P.S. rcanfiel wasn't the only vendor using C2 or the like and you already knew he was a vendor that used and heavily promoted C2.

Mark

 

[ssss]

fluttrader

yes, only for marginal profitable traders it makes sense to supplement their income with seminars , courses,etc...

fluttrader


Do you know of any teachers that display their track record on their website ?
*******************************************

Today not observed by retail sector any real fortune atleast 1 mln $ ...

Can be ,in lotto can win some untill 100 mln $ ,but retail sector is the movement in direction of lottery
*****************************************

Institutional yes -

Meeted briefly

Leonard Fisher he started J.P.Morgan ,later in 40 CEO CSFB ,
today work for Rotshild

Senior parner by GS(exist some 200 + ) ,35 years old , received 5 mln $ per year


Mark Minervini is the top trader ,better as by Goldman Sachs ,but he provided some kind of payed service

http://www.minerviniprivateaccess.com/

Mark D.Cook is alsov USA champion
www.markdcook.com give a teaching for money and payed serivce

trading record displayed ...

http://www.minerviniprivateaccess.com/examples.pdf