09 Sep Buyer Beware
I am writing this after I have learned that at least two people have taken on the role of teachers using my approach to profiling. I would not think anything of this until I learned that one of them has charged $1,000 to teach my method to a follower who later felt that this person didn’t know what they were doing. This teacher advocated adding to a losing position until it turns into a winning trade. The other teacher took the money and was never heard back from. The money was transferred without a contract or agreement and with incomplete information. PayPal is investigating this incident.
I am writing this blog post to say "buyer beware". My approach is not something I learned in a room or from a book. My approach has cost me a couple of hundred thousand dollars. It did not come cheap. There is more to it than learning LVN’s, VPOCs and what rotations are. I urge all of you who read this to go with your intuition when approached to be taught something that you know is unique like this is. I believe all of you know what seems true and what doesn’t. I urge you to simply stick around, do your homework, trade on a simulator if your account is small and put in your time.
I am working with a couple of consultants on putting together a strategy that can be used to transfer what I use and have put together for my traders as I mentor them in a way that can be useful to followers. This is taking time as my attention is divided badly after the trading day is done.
Please use common sense when paying for someone to teach you. We have all been around the block and know what makes sense and what sounds like snake-oil.
Cheers and trade well (notice I didn’t say "be profitable" LOL)