rawrschach
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can i see statements of your blow up?
Trader-Dante trader training for spread betting is he any good? Proof not words!
- Thread starter Truth Seeker
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can i see statements of your blow up?
barjon
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Firstly I should say that TD is no hero of mine - as fibbin would have it - but I just don't like seeing people pilloried so roundly on scant or non- existent evidence.
I agree with you that the onus is on TD to prove any claims he might make to those to whom he made them. If such claims are part of his general advertising or on public bulletin boards then you would expect him to back them up in the same general way. Otherwise it is between him and those concerned.
Someone asked TS to produce statements to show his own trading prowess. He hasn't done, so can I make the leap to say that because he hasn't he must a crap trader. I think not.
scose-no-doubt
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I don't see how whether truth seeker is a good trader bears any relation to whether out Tomathy is any good.
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barjon
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No, of course not.
Truth Seeker
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You're getting too desperate and immature now, time to go home.
BeginnerJoe
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How old are you ? I am doing research.
Truth Seeker
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Vasco da Banana
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When did They say that, and who are They? Please reveal your sources.
Sure you didn't mean ironing boards, or skateboards?
BeginnerJoe
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Given his age, I'd say skateboards.
DionysusToast
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I have a very beautiful wife (with recently upgraded funbags), I have no need for a blow up.
rawrschach
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Says OP, Mistress of the Witch Council herself.
She is very lucky to have such a handsome, wealthy, intelligent and well endowed man in her life
She also has an understanding husband to pay all the bills and for the new bolt ons
Hi All,
Id like to make just a few points in relation to this thread, I have no affiliation or personal relationship with TD - however i have subscribed to his material in the recent past and i would like to make a few points based on that experience - It seems that most of the contributors here are willing to prosecute without the experience of knowing or studying the material of the accused.I trust that some people would like to take benefit from one who has actually been through the experience of TD s material-hence this post.
Firstly -TD has never ever claimed that he traded a small account up to 400k in a 6 month Period using SFP s exclusively.. That is a mis-representation of what he stated and as such that claim needs to be corrected, The SFP set up which is one of many methods employed by him has only been traded by him for the past year or maybe less,He never traded that method 5 years ago when he initially built larger returns on his starting capital.He does state that he started with a small account and initially built that up very quickly (long before SFP was part of his arsenal), He also openly admits that in the early days he risked a much larger percentage of equity than would be the norm as his trading equity was initially such a small amount that it was both necessary and feasible to do so, His subsequent rate of return in percentage terms was signifigantly less as time progressed as the money management of a larger account dictated lower percentage risk per trade.
In summary-He has never claimed a 200/1 return in 6 months employing 1 method only as is falsely claimed here.
Further more-It is widely known that he is indeed a professional trader and that he works with a prop firm "Futex " in London, This is not a false claim and is a fact- He is financially backed by them and again this could be verified independently should any one choose to do so , Futex do not make their money by financially backing snake oil sales men or dodgey traders ,all Prop traders live by one thing and one thing only-IE their own ability to perform consistently in the real market,
Summary-he is a professional trader who trades for a living.
Snake oil sales men in my experience are hard nosed , pushy and ignorant about their chosen subject of alleged expertise, TD is none of the above, He is very open about his own trading(he makes live calls),laid back and not at all pushy . i have never seen him advertise or promote his site openly as many do nor are his marketing tactics aggressive or intrusive as those of the snake oil salesmen often are. he mentions his site on occasion as he is entitled to do - but his marketing techniques are hardly excessively pushy , I doubt if any one here can claim having been exerted under excessive pressure by TD to subscribe to anything he offered, i personally had to wait 2 weeks before he responded to my email request to speak to him regarding subscribing to his material,,he seems much more focussed on actually trading rather than marketing or wasting time posting on threads that have little to do with real education,
Now-Regarding my own experience with him and more relevantly my analysis of him and his performance - i have subscribed to his material about 2 months ago and as such I have reasonable(albeit recent) knowledge as to his trading methods & ability,
Personally- To date-I have found his material useful and of benefit to me, I have watched him trade live(yes -he makes live calls both in his scalping room and also on his twitter feed day in & day out),,
There are many false accusations here and this is yet another one-it is falsely claimed here that he trades with the benefit of hindsight(this is simply not true-i have never seen him do that ),All calls are made live in real time and quit e often well in advance of execution, Any one claiming that he makes calls after the event has never been privy to those calls,
During my limited time(approx 8 weeks), His scalping returns have been consistently profitable + impressively so, His returns trading longer term TF are less impressive in that period and his H1 calls have lost money since i have started following them (about 6 weeks ago), He does not hide that fact nor does he attempt to do so, He has by his own admission seen similar periods of draw down on that TF in the past (most recently june 2012)-all traders know that no method will be consistently profitable day in and day out and that draw down periods are inevitable, His overall return using both TF is however positive as his scalping has made very consistent returns in that time outweighing the longer TF losses ,
summary-he trades live in the live market for all to see , he does not make calls with the benefit of hindsight and all his trades can be tracked easily.In my limited experience -overall his trades have been profitable,
He also trades a real live account -Not a demo account as many alleged teachers do,that is clear in the room via the prospreads platform which he uses to execute his scalp trades,
Now- I appreciate that 8 weeks is a relatively short period of time,but i believe that it is certainly long enough to get a feel for a traders method , instinct , money management and overall ability,
Based on my understanding of his methods, his reasoning , logic and trade management- I believe that he is genuine and is indeed a true trading professional, I advise people who have doubts to watch traders/teachers trade and get a feel for what they are doing, if you do so on a trial basis, -You can always walk away after a few weeks if their methods do not meet your approval at no cost to yourself,
If people insist on account statements to show proof -then only TD can answer that question directly himself, But - i suspect that it would take some feat of work and effort to scan 5 years of account statements from numerous brokers , some with only small percentages of overall trader equity in them, furthermore-it is understandable that no trader would hold all their equity in one account or with any one broker as he is not financially protected by so doing , some funds would by necessity be moved into and out of bank accounts during that period in order to protect capital ,it would take quite an audit trail to track all of that movement and prove consistent overall equity growth in my opinion ,,,It would not just be as simnple as clicking a button and scanning a few pages of one account ,,,even then-if and when it could be done, the photoshop accusations would i suspect start,The proof would never satisfy the doubters,
May i propose that if people have doubts about TD and that if they are actually genuine about satisfying those doubts that they read some of his blogs freely available here and on FF to initially get a feel for his methods , They are also free to verify that he is a professional trader with Futex , They can follow his Live calls on twitter should they need further exposure to him ,They could even ask him for a free trial into his scalping room(im sure he would probably oblige) , They could talk to other s who have done his course use and who subscribed to his material in the past , They could do all of the above at absolutely no cost to them selves .
I m sure some will ridicule my post - but those who do , please let me know what your direct negative experiences of TD have been rather than your theories of same, My comments are at least made with the benefit of actually having studied his material and calls,whether that knowledge will benefit me in the longer term or not is yet to be determined , I advise others to do their own due diligence as i did but that they should get their facts right and not to post false interpretations of those facts ,I agree that all teachers deserve to be questioned and due diligence is the perogative of any paying student- I advise any one reading this to do your due diligence in advance , be careful and choose your mentors very carefully, Likewise-Be careful of threads like this that are somewhat ill informed, full of inconsistencies and inconssitencies, based largely on assertyions rather than fact, At least do yourselves a favour and base your judgemnent on fact -not fcition, Y
Regards, Brian
Id like to make just a few points in relation to this thread, I have no affiliation or personal relationship with TD - however i have subscribed to his material in the recent past and i would like to make a few points based on that experience - It seems that most of the contributors here are willing to prosecute without the experience of knowing or studying the material of the accused.I trust that some people would like to take benefit from one who has actually been through the experience of TD s material-hence this post.
Firstly -TD has never ever claimed that he traded a small account up to 400k in a 6 month Period using SFP s exclusively.. That is a mis-representation of what he stated and as such that claim needs to be corrected, The SFP set up which is one of many methods employed by him has only been traded by him for the past year or maybe less,He never traded that method 5 years ago when he initially built larger returns on his starting capital.He does state that he started with a small account and initially built that up very quickly (long before SFP was part of his arsenal), He also openly admits that in the early days he risked a much larger percentage of equity than would be the norm as his trading equity was initially such a small amount that it was both necessary and feasible to do so, His subsequent rate of return in percentage terms was signifigantly less as time progressed as the money management of a larger account dictated lower percentage risk per trade.
In summary-He has never claimed a 200/1 return in 6 months employing 1 method only as is falsely claimed here.
Further more-It is widely known that he is indeed a professional trader and that he works with a prop firm "Futex " in London, This is not a false claim and is a fact- He is financially backed by them and again this could be verified independently should any one choose to do so , Futex do not make their money by financially backing snake oil sales men or dodgey traders ,all Prop traders live by one thing and one thing only-IE their own ability to perform consistently in the real market,
Summary-he is a professional trader who trades for a living.
Snake oil sales men in my experience are hard nosed , pushy and ignorant about their chosen subject of alleged expertise, TD is none of the above, He is very open about his own trading(he makes live calls),laid back and not at all pushy . i have never seen him advertise or promote his site openly as many do nor are his marketing tactics aggressive or intrusive as those of the snake oil salesmen often are. he mentions his site on occasion as he is entitled to do - but his marketing techniques are hardly excessively pushy , I doubt if any one here can claim having been exerted under excessive pressure by TD to subscribe to anything he offered, i personally had to wait 2 weeks before he responded to my email request to speak to him regarding subscribing to his material,,he seems much more focussed on actually trading rather than marketing or wasting time posting on threads that have little to do with real education,
Now-Regarding my own experience with him and more relevantly my analysis of him and his performance - i have subscribed to his material about 2 months ago and as such I have reasonable(albeit recent) knowledge as to his trading methods & ability,
Personally- To date-I have found his material useful and of benefit to me, I have watched him trade live(yes -he makes live calls both in his scalping room and also on his twitter feed day in & day out),,
There are many false accusations here and this is yet another one-it is falsely claimed here that he trades with the benefit of hindsight(this is simply not true-i have never seen him do that ),All calls are made live in real time and quit e often well in advance of execution, Any one claiming that he makes calls after the event has never been privy to those calls,
During my limited time(approx 8 weeks), His scalping returns have been consistently profitable + impressively so, His returns trading longer term TF are less impressive in that period and his H1 calls have lost money since i have started following them (about 6 weeks ago), He does not hide that fact nor does he attempt to do so, He has by his own admission seen similar periods of draw down on that TF in the past (most recently june 2012)-all traders know that no method will be consistently profitable day in and day out and that draw down periods are inevitable, His overall return using both TF is however positive as his scalping has made very consistent returns in that time outweighing the longer TF losses ,
summary-he trades live in the live market for all to see , he does not make calls with the benefit of hindsight and all his trades can be tracked easily.In my limited experience -overall his trades have been profitable,
He also trades a real live account -Not a demo account as many alleged teachers do,that is clear in the room via the prospreads platform which he uses to execute his scalp trades,
Now- I appreciate that 8 weeks is a relatively short period of time,but i believe that it is certainly long enough to get a feel for a traders method , instinct , money management and overall ability,
Based on my understanding of his methods, his reasoning , logic and trade management- I believe that he is genuine and is indeed a true trading professional, I advise people who have doubts to watch traders/teachers trade and get a feel for what they are doing, if you do so on a trial basis, -You can always walk away after a few weeks if their methods do not meet your approval at no cost to yourself,
If people insist on account statements to show proof -then only TD can answer that question directly himself, But - i suspect that it would take some feat of work and effort to scan 5 years of account statements from numerous brokers , some with only small percentages of overall trader equity in them, furthermore-it is understandable that no trader would hold all their equity in one account or with any one broker as he is not financially protected by so doing , some funds would by necessity be moved into and out of bank accounts during that period in order to protect capital ,it would take quite an audit trail to track all of that movement and prove consistent overall equity growth in my opinion ,,,It would not just be as simnple as clicking a button and scanning a few pages of one account ,,,even then-if and when it could be done, the photoshop accusations would i suspect start,The proof would never satisfy the doubters,
May i propose that if people have doubts about TD and that if they are actually genuine about satisfying those doubts that they read some of his blogs freely available here and on FF to initially get a feel for his methods , They are also free to verify that he is a professional trader with Futex , They can follow his Live calls on twitter should they need further exposure to him ,They could even ask him for a free trial into his scalping room(im sure he would probably oblige) , They could talk to other s who have done his course use and who subscribed to his material in the past , They could do all of the above at absolutely no cost to them selves .
I m sure some will ridicule my post - but those who do , please let me know what your direct negative experiences of TD have been rather than your theories of same, My comments are at least made with the benefit of actually having studied his material and calls,whether that knowledge will benefit me in the longer term or not is yet to be determined , I advise others to do their own due diligence as i did but that they should get their facts right and not to post false interpretations of those facts ,I agree that all teachers deserve to be questioned and due diligence is the perogative of any paying student- I advise any one reading this to do your due diligence in advance , be careful and choose your mentors very carefully, Likewise-Be careful of threads like this that are somewhat ill informed, full of inconsistencies and inconssitencies, based largely on assertyions rather than fact, At least do yourselves a favour and base your judgemnent on fact -not fcition, Y
Regards, Brian
Ok my point is this...
If I am making profits by now selling my system, and the more of this system I sell... the more money I make... why oh why oh why would you not multiply your sign up tenfold over night by consolidating statement from brokers to PROVE profit?
This post is nothing to do with TD or anybody in particular, it's an overall view of the sell a system sector.
I have looked into this over the years, and have actually had one very prominent person within the industry reveal all whilst very drunk on cheap champagne.
Want to know what he thinks?
The systems they sell probably work, you see most systems work... IF they are followed and more importantly the person following them has the correct mental make-up to stick to the system.
These vendors find a good system, but then end up having to sell it as they could not make it consistently pay for them... not because the system is no good.. but they themselves are not good enough to follow it without veering of course and doing the account.
So, if somebody is selling a system, and many followers back it up.. great, the system works... but if the vendor point blank refuses to prove his profitability.. he has either made a very small return, one which would not attract new sign ups or completely blown his lot.
This is the view of one of the biggest sellers in the field... of course he denied any of this when sober.
Makes sense.
If I am making profits by now selling my system, and the more of this system I sell... the more money I make... why oh why oh why would you not multiply your sign up tenfold over night by consolidating statement from brokers to PROVE profit?
This post is nothing to do with TD or anybody in particular, it's an overall view of the sell a system sector.
I have looked into this over the years, and have actually had one very prominent person within the industry reveal all whilst very drunk on cheap champagne.
Want to know what he thinks?
The systems they sell probably work, you see most systems work... IF they are followed and more importantly the person following them has the correct mental make-up to stick to the system.
These vendors find a good system, but then end up having to sell it as they could not make it consistently pay for them... not because the system is no good.. but they themselves are not good enough to follow it without veering of course and doing the account.
So, if somebody is selling a system, and many followers back it up.. great, the system works... but if the vendor point blank refuses to prove his profitability.. he has either made a very small return, one which would not attract new sign ups or completely blown his lot.
This is the view of one of the biggest sellers in the field... of course he denied any of this when sober.
Makes sense.
Atilla
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Atilla
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Your welcome
Have you considered why oh why oh why you would not wish to declare your statements?
Your welcome
Have you considered why oh why oh why you would not wish to declare your statements?
Could be a myriad of reasons, Taxman cometh maybe the primary one.
But of course, the increase in sign-ups and coverage of your system would far outweigh any liabilities.
Maybe you could elaborate?
M
malaguti
You didn't read the title of this thread then did you? Its clearly about one individual and another's unwarranted/misrepresented slant on that individual
