RE: Kinesiology
The stuff I was referring to was some of the double-blind studies mentioned in the article posted by rols.
Basically a double-blind study is where the patient doesn't know what they are receiving, and the therapist doesn't know what they are administering. In this case, I think it was lactose vs. glucose syrup being used with lactose intolerant people. So the therapists knew which patients were lactose intolerant, but did not know whether they were using lactose or glucose solutions in their kinesiology tests. The study found that under the test conditions, they failed to find any link between the patient's response and whether the solutions contained glucose or lactose. Strangely enough, the kinesiologists concluded that it was the double-blind studies that didn't work
However, I think we're getting off topic a little.
NiceGuy: Have you ever done any NLP or life-coaching? The thing is, I've done quite a bit - and not only is the LBT website describing NLP-based techniques, but you are denying that they are NLP-based, while at the same time using phrases that come straight out of NLP textbooks in order to describe them. Most of these life-coaching things are NLP-based, even if they say they are not.
As far as the Fib levels go, if you tell me this course has nothing to do with the way Fib levels are traditionally interpreted, then fair enough. However, I've never seen you mention Fibs in terms of trading, so I don't know if this is just your opinion, based on the fact that you only know what you have learnt on this course about Fib levels.
Problem again here is that one well-known (expensive) course, the instructor tries to claim that the indicator settings are 'proprietry' - imagine that: proprietry stochastic settings! The students actually do tend to believe this - until they've traded for a while and realise it is all baloney! I've seen this many times with people who do these courses - and I am one of them! you'll find ample evidence of it on these boards.
The reviews of the book on amazon mention that there are alot of levels involved in the Fib side of things....so is it just a load of extra levels involved?
If you've ever read Schlossberg's book, he has a chapter about Fib levels, and explains some of them away by describing various hedging techniques that the biggest funds use in the markets - and how these will 'cause' Fib levels to work. And of course as previously noted that the 50% Fib isn't a true Fib level (OK - maybe it is the difference between 1 and 2
)
The point to all of this:
If you've just come along to post this in order to advertise this system then congratulations - this thread has given it much publicity.
If, however, you wish to demonstrate how LBT has helped you, then I'd like to see a bit more re: actual trades, or some discussions about Fib levels. Or how these reprogramming techniques have helped you put trades on.
All you have succeeded in doing is making lots of vague statements about what this course is NOT. This of course is an excellent sales tactic, which attempts to differentiate a product from anything else. Think about it: it uses kinesiology, but it must be REAL kinesiology because it works. It uses Fibs, but they are not like other Fibs. It uses subconscious programming techniques, but these are not like the other ones in use.
I hope none of this is taken as personal criticism. I've tried to remain objective in the face of what I have perceived with great skepticism, tried not to criticise but to listen but it is time you spoke a little more.
And my final point is this: anybody who comes to this site asking 'should I do X course?' will be told 'No - these courses are overpriced and the knowledge is available for free on these or other forums'. You will lose nothing by trying to prove to us otherwise, and stand to gain much more.
Of course the LBT people could always pay Trade2Win for advertising space
