Pristine seminars

[Uni]

Uni

I recently posted on this tread that I Have been to both Pristine seminars <snip> blah, blah, blah...

As I said before, I read the free stuff. I simply choose not to give my money to charlatans. You, however, are free to do as you choose. You are also free to ignore my posts.

BTW, unless I'm personally attacked, I will no longer comment on this matter. You have all been sufficiently warned.

Uni

 

[TheBramble]

BTW, unless I'm personally attacked, I will no longer comment on this matter. You have all been sufficiently warned.

Warned of what exactly?

 

[NickC55]

BTW, unless I'm personally attacked, I will no longer comment on this matter. You have all been sufficiently warned.

Uni

LOL!

 

[chump]

Be interesting to see if this thread eventually challenges DW and VS threads for pointless twaddle.

 

[LazyBones]

I began the expose on Pristine, and found many disturbing lies that Oliver Velez and Greg Capra have made in public as they run their company and have made quite a bit of $US in the process.

This information was brought to T2W not to create "pointless twaddle", but to provide credible and FACTUAL due-diligence on Pristine and the dangerous duo that runs it, Oliver Velez and Greg Capra.

While the Pristine information I provided, Uni and I are very new here (a couple of wankers to you)...you can track back to its origin...

Pristine, Oliver Velez and Greg Capra PROCEED WITH CAUTION!!!

http://www.elitetrader.com/vb/forum...r=&sortfield=lastpost&perpage=20&pagenumber=3

http://www.elitetrader.com/vb/showthread.php?s=&threadid=29357

The thread has 230 replies and 25515 views, a FAR CRY from "pointless twaddle". Other Elite members (newbie, oldie and full-time members) have not only confirmed the information on Pristine, but other members (myself included) have uncovered other snakeoiling charlatans.

Uni and I (along with other Elite members) stood to gain more from promoting the seminar for Pristine, we could have leveled the exchange rate by taking some of your (UK) money while you sat on the wrong side of the trade.

Consider the information factual due-diligence.

How were the seminars anyway? Did anybody confront Oliver Velez and Greg Capra with the new found facts?


Cheeryhole!

 

[Uni]

Warned of what exactly?

Well, you yourself acknowledged the warnings in this post (emphasis mine):

TheBramble
Veteran Member


Registered: Jul 2003
Location: Peterborough, Cambridgeshire
Posts: 539



Lazybones/Uni - your point has been made.

I'm sure anyone researching Pristine on these boards will pick up on your warnings and will do their further research on ET and elsewhere.
=========================

I don't know about anyone else, but I'd love to put an end to the "pointless twaddle" (as you folks put it) and put this baby to bed. Since some of you (NickC55 in particular) regard Pristine as a fountain of "unique information" and you're not bothered by the fact that the purveyors of said information supposedly traded multi-million dollar hedge funds while working as movie theater ushers and tow truck operators (nothing wrong with those occupations, just a bit strange if you're also a big league trader), go ahead and fund the coffers of these liars and snakeoilers and we'll just concentrate on making money using our own strategies, o.k.?

Happy trading,

Uni

 

[chump]

Given you quote me let me explain what I mean by "pointless twaddle".
When you tell me it's dangerous to stand in the middle of a road with moving traffic I then have a choice of doing it ,or not.

However,that is my choice.

If you keep reiterating your advice you do so only because you take the same position most politicians take. That is, we the recipients must be of limited mental capacity incapable of making rational choice. Consequently, to avoid us getting 'run over' you repeat your message ad infinitum trying to make the decision for us.

You have given your advice now why not let the people you have given that advice to make their choice just as I am sure you would wish to. To do otherwise is "pointless twaddle".

Cheers

 

[TheBramble]

Uni, I wasn't being provocative. I asked 'warned of what' in that it's not clear from the masses of info available on this topic what is being risked.

Don't read their books (which are quite informative IMO)
Don't go to theri seminars (never been, but have heard positive reports).
Don't buy their CDs (ditto)
Don't trade or risk your funds with them?

I was just asking for specificity, but as has been subsequently pointed out, this thread may well have run its useful course.

 

[Marc100]

Lazybones & Uni

Thank you for taking the time to alert us to these Pristine guys.

We have our own charlatans this side of the pond, mentioned regularly on this site, so I would have thought people would have been more appreciative of your warnings.

I don't doubt for one second that these seminars contain snippets of valuable information but do people really think that information is worth £1100 for two days.
Do people really think the Pristine courses are superior to those run by members of Trade2Win at a fraction of the cost?

Having read this thread and the one on Elitetrader the information I personally extracted from the posts was related to, not so much the course content, rather the pedigree of those involved.
As I believe this was the intention of Lazybones’ due diligence, then I am grateful for the warning. Thanks!

Kind regards

Marcus.

 

[cd173]

Hi everyone

Have to say I agree with TheBramble on this one.

I personally have found their books very helpful and easy to understand and their micro and guerilla trading strategies work very well in conjunction with their ESP software.

Not to bothered about their backgrounds........as long as you learn something and the strategies work, I'm happy....

Cheers

 

[Bunyip]

I have just purchased a couple of the Pristine CDs and have to say from what I have seen so far it is money well spent (about £25 per CD from T2W or ClickEvents). This beats anything that I have seen from VS and elsewhere (which probably does not say a lot!!), where I have spent substantially more money. The material is well put together, clear and well explained. These guys are not promising the earth, but are demonstrating clear setups and risk control. The material looks very adaptable to whatever market one wishes to trade.

 

[growltiger]

Thanks Naz,
Trading is so different from other fields too in that the media actively collude with the conmen. This is all brought out clearly on EliteTrader but on T2win I see people referencing rags like Stocks and Commodities as if they were neutral referees.
Read this thread on Et for instance:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=26634&highlight=rsofhouston

The thread reported in this quote from Roberk suggests (at best) that reviews in "Stocks & Commodities" are not worth the paper they are written on. The allegation is that no adverse review is ever published in that journal. Has T2W, as a retailer of "Stocks & Commodities" followed up the point? And similarly in respect of the Pristine courses etc which are the starting point for this thread? If not, why not? If so, with what result?

 

[axthree]

This sort of thing has been going on to my personal knowledge since the late '70's. I thought everyone had sussed it by now.
In a past life I used to pay the media for "editorial" which cost just a little more than advertising on a "Facing Page" but delivered about three times the response.

 

[roberk]

The thread reported in this quote from Roberk suggests (at best) that reviews in "Stocks & Commodities" are not worth the paper they are written on. The allegation is that no adverse review is ever published in that journal. Has T2W, as a retailer of "Stocks & Commodities" followed up the point? And similarly in respect of the Pristine courses etc which are the starting point for this thread? If not, why not? If so, with what result?

Growltiger,
glad someone was able to learn something from this thread
There are a few honest, helpful vendors out there (I think) but they are the minority.

 

[Willgetthere]

Well then!



erm, while hi...definitely my first time on this board, but it's been an interesting experience, as I was considering buying the 7-CD Pristine set.

After taking the last 2 hours to read both the replies on this board and the links to Elite, would it be true to say that the pros and cons (in a very small nutshell) would be:

Cons

1. The founders of the organisation contradict the Broker information thing, when giving interviews...i.e. accountant vs. cinema usher etc., making them out to be liars.
2. They charge an exorbitant amount of money to people who may not be able to afford it, thus funding their own lifestyles. (which is the way most banks work anyway...talk about credit card debt...)
3. Lack of integrity as traders/marketeers.


Pros:

1. The book is still very informative.
2. The CDs are pretty informative too, but specifically the Guerrilla and Micro-Trading CD's.


:idea: Therefore, would people recommend that I just go for the book and some CD's, give the rest of Pristine's CD's and services a miss, and head for Alan Rich instead?

Thanks for all the interesting comments!

 

[roberk]

Buying a trading book or cheap cd generally gives some value. But go to a seminar, listen to an hour or two of introductory stuff, get a few hints and by the end of the day have you got more than what a careful reading would have given (apart from feeling pumped up)?
One thing I have taken to heart is asking for evidence of a vendors trading income. Too many are failed traders whose main income is suckers (oops, I meant students).

 

[Willgetthere]

One more interesting twist in the story...

:!: The Final Twist in The Story

I'm not really a seminar-goer...Hard to make time to do so...However, here's an interesting link to an interview that may either answer some questions, or give rise to more:

According to this interview, yes, Velez was working for an entertainment company - (Jujamcyn Theatres, as we now know) and but wasn't a lowly usher in a cinema, but was a fulltime accountant for the theatre group.

As we know, New York-based Jujamcyn Theatres are pretty well off, owning 5 broadway theatres, and have a lot of money to invest...which the article implies that Velez was asked to co-manage.

Therefore, could he have been an accountant, dealing with millions of dollars, at the same time as working for Jujamcyn theatres...it seems that he may well have been...

The Article

http://www.equis.com/Products/MetaStock/Testimonial.aspx?tid=4

Jujamcyn theatres

http://216.239.59.104/search?q=cach...ng_arts/7940463.htm+"jujamcyn+theatres"&hl=en

Interesting eh?

 

[growltiger]

I'm not really a seminar-goer...Hard to make time to do so...However, here's an interesting link to an interview that may either answer some questions, or give rise to more:
http://www.equis.com/Products/MetaStock/Testimonial.aspx?tid=4

The possibilities are endless. It may all be true. However, the source of the story on Velez's early career is an interview with an Equis website which is devoted to puffing MetaStock, and Velez is quoted as endorsing MetaStock. So the information about Velez's early career is not only not independent of Velez, but provided by a site that has an interest in the soundness of the Velez story as an endorsement of its own product.

 

[Financialistix]

Dare I say it ......but....


I have just recently (Friday 8th October) been to the Free 4 hour Pristine introductory seminar.

This seminar was taken by Micheal J Di Gioia, and then by Oliver Velez in the second half of the Seminar.

I have been to numerous free Seminars in the last few months and have spent time trawling the internet doing research/learning on/about the markets and trading etc.

I am no expert having not placed a single trade in my life. But I am reasonably sharp and also suspicious of people who may cost me money.

That said, of the five significant free Seminars I have been to so far (I have been to other minor seminars), I would say this of Valez/Pristine and Co.: (a) their presentation skills were joint best (the other being Darren Winters); (b) they were the only ones who used live stock market info as part of their Seminar; (c)as to integrety, so far (having in mind I only have the four hour seminar to go on) only one other trainer would I rate higher and that is because on two occasions I was lucky enough to sit in on a class taken by that trainer where he was giving follow up training to his graduates; (d) Valez and Mr Di Gioia did not disappear as soon as the Seminar was over to leave you in the capable hands of their sales team, like some do, but instead hung around for at least half-an-hour answering questions from people which often included some quite technical stuff about trading (well, technical stuff if your are an inexperienced newbie like me).

I have today received the full 7 CD Pristine training course on a 30 Day No Quibble Money Back Guarantee (purchased from Click Events). I will keep in mind the negative comments made about Pristine when I view the CDs.

As to the book written by Velez, I was lucky enough to meet two people who have read it and say that it is very good. In fact one of the guys was happy as can be with the book.

I am due to attend a Seminar given by Finspreads and one by New Skills near the end of the month.

So that's my experience and comments as far as Pristine is concerned.

Of fundamental importance to me or anyone else, at the end of the day, is not whether someone is an ex-con, a liar, wife beater or whatever in a former life, but whether the system they are teaching actually works.

And that is a question to which I would like an answer.

Thanks in advance.

 

[roberk]

Dare I say it ......but....


I have Of fundamental importance to me or anyone else, at the end of the day, is not whether someone is an ex-con, a liar, wife beater or whatever in a former life, but whether the system they are teaching actually works.

And that is a question to which I would like an answer.

Thanks in advance.

Sure, and it is very easy to find out. Ask the presenters and teachers that you meet at Pristine for their trading statements foir the last 2 years.