Sashen, that is exactly what happens all the time!!!.....Students will initially think they've found the key to Fort Knox with Day Trading Made Easy. Y'know start looking at BMW brochures and new houses. They immediately start contemplating quitting their crummy job or retiring. THey come on the calls and tell everybody how they are only a few months away from financial freedom and how they made $2900 last week in only 4 days. (ON PAPER) Ha ! Ha!
A couple weeks later they go 'live' and it all comes crashing down. Seriously, it all changes bigtime. With real money, they can't stomach the drawdowns from their little accounts and start losing pretty fast. Doug has them opening $3000 accounts to daytrade the emini, which is a TINY amount, comparatively speaking....if they have just a few trades go against them - BOOM - they are wiped out!!....Then they call up Doug West and want to know what happened????...He tells them they must have made a "MISTAKE".... THEY must have done something wrong, because don;t they know that "everyone is doing so well with it?" , Doug will say. He needs to sort of brainwash them to believe they are practically the ONLY ONES that are not doing great, when in fact, ALMOST EVERYONE IS LOSING. How long will this guy continue to get a away with this, who knows??