Larry Levin Secrets of Traders

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needabuck

Junior member
11 1
Wanted to see if anyone was using or has used Larry Levin (former floor trader at the CME). I bought his book How I made $1,900,386.82 a while back and it is decent. Prolly need to reread it to get a better feel for it all. I ignore most of the email solicitations I get from his site as there is just to much to read and everything can't be "that" important.

So yesterday I get a call which I happened to be home so I answered, and it was someone from his sales crew selling mentorships. It's 4 weeks 1 hour daily web cast, archived if you miss it (M-Th) and Friday you are in the trading room where they feed you trades. $1500 for a stack of reading material and the web stuff.

1) I don't like the idea of being fed trades as I want to be able to see them for myself and act upon it.

2) I really don't want another thing to read that will teach me to be a great trader.

3) Has anyone else done this course? I don't mind paying for services but I prefer ones with warranty's or $$ back if... and I'd prefer not to get a refresher education for $1500 when I could drop that $1500 on a cruise instead...

thoughts?
 

TheBramble

Legendary member
8,394 1,170
I'm still looking for the skin color thread to reattach my balls. :)
Married too eh?

I get Larry's daily (ish) e-letter and I'm pleased with that as it gives another pro's angle, but it's pretty hard sell for his mentoring and stuff, and I figure, why....?
 

needabuck

Junior member
11 1
Married too eh?

I get Larry's daily (ish) e-letter and I'm pleased with that as it gives another pro's angle, but it's pretty hard sell for his mentoring and stuff, and I figure, why....?


LOL, yes. I get his daily emails, and actually enjoyed talking with the sales guy. But I've been seeling since I was 5 so I know you want to make the target I mean customer a friend... and it becomes a lot easier to sell your service to someone you like. The thing that bugs me the most when being sold, "it's only $1500.." If it's only $1500 and that isn't much $$ to you, then give me the damn thing for free. Of course I don't expect it free, but I never stop looking for discounts. ;)

And I agree, why the hard sale. Going back to my previous point, if it isn't that much $$ and you are now my friend, wouldn't you just want to hook me up with that super terrific info that is going to make us all filthy rich? I'm wondering if there wasn't a quota to be met, or some other goal. After I was promised a call back next week, 2 hrs later I got a return call to pitch me. ??
 

needabuck

Junior member
11 1
Thank you so much. I've been too busy to even trade with a clear head as of late. Glad didn't plunk down $1500 much less the $6500 this guy did. Just got an offer for his DVD course for $199 "reg $1295". Needless to say I'm not buying (nor would I ever).

Appreciate you looking out for me, and I found yet another cool board.


Thought you might want to read this thread:

Traders Laboratory
 

eduardo139

Newbie
1 0
Well, I just went thru the same experience and that is how I ended up finding this site. My experience was a "pressure sale" in that it feel worst than a car salesperson selling his last car to meet the quota. I have been in sales for many years, and for me the worst sell is the pressure one. The guy, who at one point was nice, then started calling me "quitter, not a decision maker, not fit to take this training" since he wanted me to make a $2,495 USD expense decision in 10 minutes. The guy then asked me to sell him on my reason of why not now, I did, then he really got pushy and started calling me names...to prove him wrong, he was not believing any of my reasons, to which I send him all the websites of my businesses....after they realized money was not a problem for me, they have been calling me everyday!!! The point is, if they are so good, why do you sell your product like an MLM selling strategy or infomercial!!! For me, this was the end of the story.
 

mrsoul

Well-known member
323 36
Well, I just went thru the same experience and that is how I ended up finding this site. My experience was a "pressure sale" in that it feel worst than a car salesperson selling his last car to meet the quota. I have been in sales for many years, and for me the worst sell is the pressure one. The guy, who at one point was nice, then started calling me "quitter, not a decision maker, not fit to take this training" since he wanted me to make a $2,495 USD expense decision in 10 minutes. The guy then asked me to sell him on my reason of why not now, I did, then he really got pushy and started calling me names...to prove him wrong, he was not believing any of my reasons, to which I send him all the websites of my businesses....after they realized money was not a problem for me, they have been calling me everyday!!! The point is, if they are so good, why do you sell your product like an MLM selling strategy or infomercial!!! For me, this was the end of the story.

If I got a call like that, I would have hung up within 6 seconds.
Anyone calling you with a way to make money, and wants to charge you for that is completely full of ****.
The high pressure pitch means he is a complete fraud.
 

needabuck

Junior member
11 1
It's almost a sign that this post gets attention. Last night I watched a movie called "The Prime Gig" with Vince Vaughn. It's an older flick but a friend had it and loaned it to me as we are both VV junkies. It's Boiler Room(ish) with the sale of a different product, but a great story nonetheless. I kept picturing the salesman I was talking to at Larry's place to be like one of the cats in this movie. I highly recommend picking it up if nothing else to be amused by sales weasels everywhere trying to make more money in a week than most in a year. The comebacks they have to rejections are always my favorite. Good Luck.



Well, I just went thru the same experience and that is how I ended up finding this site. My experience was a "pressure sale" in that it feel worst than a car salesperson selling his last car to meet the quota. I have been in sales for many years, and for me the worst sell is the pressure one. The guy, who at one point was nice, then started calling me "quitter, not a decision maker, not fit to take this training" since he wanted me to make a $2,495 USD expense decision in 10 minutes. The guy then asked me to sell him on my reason of why not now, I did, then he really got pushy and started calling me names...to prove him wrong, he was not believing any of my reasons, to which I send him all the websites of my businesses....after they realized money was not a problem for me, they have been calling me everyday!!! The point is, if they are so good, why do you sell your product like an MLM selling strategy or infomercial!!! For me, this was the end of the story.
 

mrsoul

Well-known member
323 36
It's almost a sign that this post gets attention. Last night I watched a movie called "The Prime Gig" with Vince Vaughn. It's an older flick but a friend had it and loaned it to me as we are both VV junkies. It's Boiler Room(ish) with the sale of a different product, but a great story nonetheless. I kept picturing the salesman I was talking to at Larry's place to be like one of the cats in this movie. I highly recommend picking it up if nothing else to be amused by sales weasels everywhere trying to make more money in a week than most in a year. The comebacks they have to rejections are always my favorite. Good Luck.

Sounds great. I always like a boiler room scam movie.
My favorite was: Glen Gary Glen Ross with Al Pacino, Ed Harris, and Alec Baldwin- a classic! I highly reccomend it.
Another one that was supposed to be very good was: Boiler Room- a stockbroker scam story.
 

Lord Flasheart

Legendary member
9,794 975
I wouldnt spend a penny on any trading course unless I could watch them live for a couple of days.What all traders have to learn is that there is no F****** holy grail so dont expect to buy one? Sadly its a lesson that most go through. During my trading history Ive spent about £2000 on training and add on software and I think Ive done well not to spend more,I know many who have spent in excess of £10,000,for stuff that is easily learnt and available on this site.. It seems the bigger the price tag the more believable it is.
 
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