Strange thing to say unless they are referring to just the indexes. Last I heard, he exclusively trades the S&P e-mini now. He does have a very successful track record spanning many years and is one of the few old-timers who day trades. He actually only started his seminars again recently. He used to do them frequently, but found it interfered with his trading, so he quit doing seminars for about 8 years. He is only doing one or two per year now & it is up in the air as for how long he will continue. It's about the only seminar of its type that I personally would consider attending. And that is only because I've known of him for many years now. Typically, if a seminar catches my eye, I'll just buy the DVD (especially if I can get it used on Amazon or Ebay). Why pay airfare, hotel and fees when everything of value can be had on the DVD for a fraction of the cost... (If there is anything of value that is)
There are some people who just have a passion for teaching and sharing. The really difficult thing is to tell the difference between the peddlers and the genuine article. I do believe he is one of the few who is truly successful trading and chooses to share. I remember hearing an interview with him a long time ago (at least 10 years now) on "Off Wall Street" & again recently on traderinterviews.com. I was very impressed with what he had to say. Mainly his approach is extreme discipline and high risk aversion. He seemed to be a very humble person as opposed to average interviewee who sounds like an infomercial. All I can say is: you gotta be doing something right to survive day trading for that long.
