well, I dont know what the problem is Stevem12. I like the man, but I will give him a piece of advice if he wants it..dont ever make promises, dont ever talk money, dont ever show how much you made...you can post trades, but leave the lot size out it. MONEY is a highly personal thing.....if he is teaching people the bare essential, then he is a coach, and that is fantastic....and of course a coach should be paid money for it....but I would not bother getting into a pie fight with those who disbelieve him or not...
posting profitable trades and/or losses is pointless....except it may prove to himself that he can do it....
wrp to the CDs, hey good for him...you guys should focus on one thing only and that is to make money...that is what we are here for...and to have a giggle and let ROSSo to the pi@@ on me from time to time..
it helps typing a bit so I got two stories for you...
My own mentor once phoned me up while the SP was trading....We chatted about this and that and while we did, the SP made a dboule top late in the day, and volume was declining....
He said to me: that is a fuc'ing short there(he swears a lot), so we both shorted it. he got 834, I got 833.50 ( typical, when you are trying to impress!!!)...anyway the market went our way and we closed it out after a lot of swearing and cursing 10-15 minutes later at 826...
I got 826.75 ( typical ) and he got 826! ( he is VERY good )
anyway, he said, ah, that was a nice $$$, mentioning the amount.... that is when it hit me that I had trade double the lot size he had, and he has traded for 30 years....I asked him why he traded that size when he was clearly able to trade much bigger both psychologiccally and financially....he said, and I will never forget that....." i just trade whatever I am comfortable with...if I feel good I will trade a little bigger and if I am a littel tired or it is late, then I will trade smaller...." I thought that was so powerful because he was totally at peace with himself and didnt feel HE HAD TO PROVE ANYTHING!!!!
The other story is about someoen YOU ALL KNOW from the financial media...he is a good friend of mine who started writing a newsletter ( he really is the best analyst I have ever known) , he told me that he would rather write newsletters and help people and get the money that way than expose himself to the stress of trading....It surprised me a little because I thought he loved trading...but this business is tough...so I understand when some say they would rather teach than trade.....the problem is in my mind when they make outragous claims like VS...Making £1000 a month is not an outragous claim, but it is a little on the rich side for a complete newbie in my mind...
anyway, I got a few things off my chest and I feel better for it as well....
TRADE TO WIN: I am sorry about my language in the previous post