If we are talking about a complete novice who has absolutely no exposure to investing trading – then yes a foundation is required.

Do you honestly think CA’s training is the best way forward?

Why not some basic reading and research?
It’s a lot cheaper, not to mention peer reviewed, to start with a recommended text first.

Most wannabe’s on iBC would consider themselves at least past the complete novice stage.

jog on
duc

That’s the essence of the training foundation. The ongoing mentoring is also part of the package, but if you want to focus on the initial two day training, then we must talk about instilling the basics.

________

Many novice fighters freeze when they are hit. An experienced fighter knows what it feels like, and will continue to fight [execute]

In the market, losing money is just like being hit. It can freeze you.

All the theory is bullshit until you operate live, with real money [preferrably your own]

jog on
duc

I’m not missing the point at all. To teach a methodology in a dynamic system, you need the dynanism.

It’s like trying to teach someone to play tennis sitting on the beach chatting about it.

Anyone can sound intelligent discussing a quiescent market. Different when it’s jumping. The shorter the timeframe, viz. daytrading, the more true my statement.

I take it he’s not teaching Value Investing.

jog on
duc

He is teaching methodologies on the weekends, so one is prepared to tackle the market on weekdays. Only part of the system involves emotional girding (which is no doubt important), but much of it involves preparation. To be organized and ready and focused is half the battle.

Again, you have to look at it holistically. One does not train in martial arts — at least not at first — by jumping into specific fights and trying to copy one’s sensai. One must have a strong groundwork laid first.

____

Well we seriously differ on this point. When the market is OPEN and trading, things happen. This is where most novice traders need help.

Any moron can look at a silent market and sound half-way intelligent.

jog on
duc

I’m glad you at least admit it is training. We’re getting somewhere at least.

Ah well.

Done.

You know for a fact, audited accounts, that he was 100% invested and returned 200%+?

Traffic stats…don’t make me laugh. Who cares about traffic stats?

He’s asking $4K for training fees. He’s also blatently pushing his 200% gains as justification for asking for this fee.

As to my reading comprehension, I quote:

■Be on your way to consistent profitability
■Make fewer mistakes
■Become proficient in all forms of technical analysis
■Know the most reliable long & short setups
■Execute proper entries and exits
■Learn and know basic and advanced candlestick charting
■Use multiple time frames
■Use volume, moving averages and relevant indicators properly
■Learn my proprietary strategies
■Know how to analyze any and every chart
■Risk Management
■Money Management
■Correctly use pre-market futures for opening gaps
…and more.

Plenty of analysis training in there baby!

Analysis as we know looks very different live than it does static when the markets closed.

jog on
duc

And I worry now about your reading comprehension. He’s doing TRAINING sessions on the weekend, not “analysis.” As I have already mentioned, he is teaching people how to fish rather than giving the fish away.

I feel badly about this, because I think you have him all wrong. You should put more work into following him — for a week perhaps — and then take your judgment from that. Rapping on him just because he’s affiliated with Fly (as am I) is just poor form.

He’s both a veteran and an entrepreneur, and he has my respect. Out of respect for me (if you have any) I would ask that you see for yourself before lashing out.

What a con.

jog on
duc