for a trial....I was curious. He told me the spx was going to drop and instead it's rising. I have realized that market gurus are like the priests.....they talk to you about what they don' t know, but they do it well. At the end I have decided that I will go on counting on what works better for me.....the comparison between europe and america. Infact it seems to me that we're actually having a bounce and just that in europe....so that the captain is not in a much different situation I guess, although for sure it's much stronger on the whole.
I subscribed to a guru's site
Started by
andr99
, Mar 01 2016 01:55 PM
11 replies to this topic
#1
andr99
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Posted 01 March 2016 - 01:55 PM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
andr99
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Posted 01 March 2016 - 01:59 PM
the captain is the spx
forever and only a V-E-N-E-T-K-E-N - langbard
#3
alexnewbee
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Posted 01 March 2016 - 02:02 PM
if guru knew how to make money on the market - why would he tell you about this??? always amazed me..
"we do G.d's work" Lloyd Blankfein
#4
andr99
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Posted 01 March 2016 - 02:20 PM
if guru knew how to make money on the market - why would he tell you about this??? always amazed me..
alex you are right, but let me tell you this...I subscribed for just a trial with no intention to ever become a paid subscriber. It's more or less like going to the tennis court and observing if the other partecipants to the game are or not as good as you are. I usually make these comparisons to find and order in things and understanding my position in such an order. The guru is anyway a nice person....others I met before are far worse
Edited by andr99, 01 March 2016 - 02:22 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
#5
tsharp
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Posted 01 March 2016 - 02:32 PM
I'm sure there are rugus out there who actually love to teach and are not about scamming people. I don't see any harm in adding another profit center to one's business, as long as no one is being harmed.
#6
Rogerdodger
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#7
tria
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Posted 01 March 2016 - 03:02 PM
It is quite different to just comment on markets, than to trade for your own account and/or to trade on
full discretion basis, clients money imo.
Take Eric Hadik for example. He was less succesful in trading than he is now in forecasting the mkts.
Most easier for me is to trade for my own account and switch positions at the flick of a switch with no
explaining to numerous clients.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#8
risk_management
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Posted 01 March 2016 - 03:06 PM
Is it our guru or some external one?
#9
NAV
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Posted 01 March 2016 - 10:08 PM
Like Ed Sekyota says "Newsletter writing and forecasting" is a novice job in this business. Successful traders grow beyond forecasting. They are rarely worried about where the market is going. They are not wedded to any market ideas or bias. The moment you do that, you are finished !. They are worried about one and only one thing - making money out of any given move - up, down, supported or not supported by internals, overextended or not, divergent or non-divergent, manipulated or non-manipulated, Fed-driven or crowd driven....i can go on. Trading requires a different mindset, a non-intellectual mindset, abolition of arrogance that the future can be predicted, basic common sense, with the eye on money and profits. Anybody who is serious about trading will learn this one or the other day. The rest just have their share of entertainment, forecasting and dissecting market moves, while they have a cushy day job or subscription income. So many folks on this site tried building a track record on collective2, but all of them failed. Most could not even make paper money. That's the reality of trading !
Edited by NAV, 01 March 2016 - 10:13 PM.
