Hi All,
I see that again there is negative comment against Mr Marcus. Made today by CJ12.
See this post below from the chat room. Moderators where on earth are you ?
CJ
I know that he took about 4/5 guys - created this room called numpties and was goin to teach them everything on mini-dow
all he showed them was basic pattersn (the neckline) and then wanted £3000 (I think) to show them everything over a 10/20 hr seminars
One of the guys I think gave up his job and paid him the money and all he got shown was the neckline
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It all make sense now,mrmarcus didt want a real trader in the room.I also challenge him last year, when he was claiming of making a 300 points a day.Laughing out loud !...never challenge me, I wonder why?
CJ
Perhaps I can shed some light and some reality on the truth here. I, like others came across Mr Marcus in November 2004 when was calling trades in the room and posting charts on t2w.
So yes ladies and gentlemen an amazing number of points were ratcheted up by Marcus during this period, and of course we had the doubting Thomases the soothsayers, the ex floor traders who said they couldn’t do it on the floor, so he couldn’t do it on screen and the doomsday merchants saying in essence it was all BS. This is normal in the fine old world of trading, of course we all know that..
Problem is chaps it wasn’t and it isn’t BS. In the last 9 months of daily trading with Mr Marcus over his hotcomm room I have seen him take two losses – the first of three YM points and the second of five YM points. Almost too ridiculous to be believable, well yes I can see where people are coming from, but sorry this is the truth.
You want to talk about razor timing on entry and exit; you want to talk about understanding of the market, trader groups, open interest, fair value, price action, using volume the way it should be used, the correct way to look at MP, correct way to understand open plays, gap closing, key levels, inter market relationships etc then he is your man. And I haven’t found anyone who gets any where near him on any of the above subjects. Some years back I used to think the LBR room, they aren’t even in the changing room, let alone the starting blocks when compared to Mr M.
So who the hell am I? What should I know? Well my bookcase is about 100 books full – yea large bookcase – and my seminar section is about 80 cm wide – so I suppose I’ve read and listened to a fair amount of trading ‘advice in my time’. So I suppose I can make a comparison. I trade options and I have been studying with Mr M to trade futures directionally.
Couple all Mr Marcus’s skills together and what you get is a man who can read a market almost like a book over any time frame, although his speciality is short time frame scalping. When other posts on elite or t2w say “the day was flat or nothing doing” mr Marcus takes points like its just not possible, on more than one occasion I have wondered whether or not he is mainlined to the big man up top as every time he says ‘we are going upsides’ the market obliges. It is quite simply stunning to witness this. The number of points he racks up are huge.
So how come Mr Marcus can do this when others can’t. Firstly I believe there is an inbuilt gift – ability, intuitive skill, call it what you like. You reckon Beckham was just a kid who learnt it playing on Wanstead flats – no neither do I. He had something at the outset.
Let me say another thing, there is a man who shall remain nameless who was extremely big on the Liffe floor, almost feared, there were even traders who coat tailed him. Those from that period will probably know who I mean, He failed off floor. So it’s a skill and inbuilt skill, which he ahs honed to even finer and greater extents in order to suck out the points - some of this skill and learning can be passed on that is how I see it.
If someone has skill why the jealousy, why the knocking. ?? Why the unnecessary rudeness?
Now to the point of the post.
Attacking someone is one thing, attacking them unnecessarily is a different thing.
What is more important than all of the above is that Mr Marcus is probably the most generous person I have ever had the good fortune to meet. That is to say, I have spent hundreds if not thousands of hours with him in the last 9 months on HC where he has explained his market philosophy to me and other traders. This philopshy is a whole ‘concept ‘of trading and simply cannot be bought in any book, seminar or guru lecture. He actually cares about whether or you get your entry or exit timed correctly, even today he was bollocking me because I was 6 points late on entry.
So thousands of hour’s sounds like allot right – well yes it is. Shall we say all hours or any hours of the day or night, meaning 4am midnight, weekends, holidays, etc its all ads up – its non stop. I see very few other traders putting in the se types of hours or commitment to improving themselves and other traders.
Being expert in one field doesn’t mean you stop pushing for more perfection – and that’s what he does, he spends hours studying and perfecting his skills even more and teaching others those very same skills COMPLETELY FOR FREE. There are other traders in the HC who trade with me who can verify this information.
I sent him my trades or market analysis documents on a daily basis and he puts me right on what I have either my traded or analyzed. He does not charge for this.
It is simply not true to make accusations about some seminar or other for showing a neckline and charging 3000 – that’s like saying Lance Armstrong showed you a couple of spokes on his bike. Crazy and completely unfounded. It’s silly, and childish – perhaps either the story has been twisted by an unhappy trader who didn’t put in the necessary hundreds of hours study which are required in order to even emulate one tenth of the mr Marcus results and therefore this person felt like having a go due to his own lack of ability or staying power, rather than any fault with mr Marcus.. The problem often lies within us all.
Mr Marcus is involved in charity work and only yesterday was telling me that his focus is still on a project in which he intends to set up a series of orphanages in under developed countries. He repeated several times during our conversation this was his ultimate goal and that he mustn’t get pushed off course. His end goal is driven by wanting to offer deeds of good work to other people.
He has turned down many offers to trade other people’s money.
I hope this dispels any stupid and childish talk. Jealously or similar doesn’t get a trader anywhere.. When I read the CJ12 or SUN posts, I actually feel sorry for the man, if you can’t trade as well as Mr Marcus who cares? I can’t trade as well as him, does this make me a lesser person or necessitate stupid comments ? No it doesn’t. Rather than firing rounds at the wrong target wouldn’t it be better to improve your own performance and then have the decency to pass those ideas and methods on to other traders. And do this in a manner which is conducive to letting people actually learn rather than playing some sort of guru character..
I sent the following to t2w last week
Dear Sirs,
As a professional options trader I use t2w to research ideas and follow general market news and I think the site is generally very well put together and useful.
As well as trading my own option positions, I have been taking training from and working with another t2w trader who goes by the handle of '"mr marcus" on t2w. He has been mentoring and teaching me since January this year on directional futures trading and is himself an extremely skilled and talented trader. In more than 25 years of trading I have yet to come across a trader who is so unselfish in his desire to help other traders, be they experienced or beginners and who is so willing to share his ideas and approach to the markets.
However, I would like to bring to your attention a concern I have regarding the t2w chat room Last week another of your members "SUN123" became very abusive and quite arrogant towards other room members and more importantly directly to "mr marcus", in fact he started to make personal attacks against him, I for one as professional trader just would not accept this if I were in control. There was a similar attack nearly one year ago and there is a body of opinion which thinks that CJ12 and SUN123 are in fact the same person.
Of course trading involves people with differing opinions, but I do not believe those opinions should run to insulting behaviour. Mr marcus is probably the best trader you have on t2w and his trading calls and general trading advice and methodology should be listened too not abused. What traders can learn from him when he is calling in the room is much more than most could hope for and he is doing this for free remember - so we should listen not berate.
I would like you to stop SUN123 from continuing on with this type of behaviour, so that the traders who are present in the room can enjoy the room for the purposes for which it was designed - live trading chat rather than the creation of disharmony.
Regards
Paul Langham
I received the following reply.
To: Paul Langham
Sent: Tuesday, August 23, 2005 11:06 AM
Subject: RE: Trade2Win Chat Room
Hi Paul,
Thanks for the e-mail.
We believe that there should always be a level of fair and acceptable behaviour at T2W, along with a healthy, constructive debate about different methodologies.
We will monitor the chat room for any unacceptable behaviour.
Regards,
Eamonn Kelly
Trade2Win
Well, I am sorry to say that the moderators have not done their job as promised and in fact failed. T2w will loose both a brilliant trader and a generous man as a result. Personally I cannot understand how these negative and aggressive attacks can be allowed to continue so soon after having received this reply.
Regards
Paul Langham
I think that he is an amazing individual who is gifted beyond belief and I hope he doesn’t mind me mentioning, that his vision is to build orphanages around the world with the money made from trading.
I really totally appalled that the moderators to have allowed this gentlemen to be treated in his manner. I thought they were there to protect people?
Tyrone[/QUOTE]
