ok sounds good

Ok, and one final question. What % of your students do you believe you can turn into profitable traders?

Also, do you mind messaging me about what ideas you have that would not constitute public domain? Did you ever work for any firms?

Edit: just to let you guys know, we had a guy called wallstreetpro in BFI that ran a scam selling 'price based technical trading'. he sold ideas based on faith with no empirical evidence that anything he talked about produced an edge. no idea he ever posted eluded to anything that couldn't be found somewhere on the internet. he was the equivilent of some 10NL NVG/BBV poster talking about how he knows how to beat high stakes poker, using big phrases like 'squeeze play' and 'blocking bet'. he had no training from any firm, nor any insider link and had a weak fundamental understand of market structure.

Dr Brett wrote 2 excellent articles on the topic of solicitation for trading services:

http://traderfeed.blogspot.com/2010/...r-firm-is.html

http://traderfeed.blogspot.com/2010/...integrity.html

I'm sure if you emailed Brett and told him you were paying for some sweat sessions and whether that would make you a profitable trader, you would probably receive a cynical answer.

That depends on their IQ and predisposition to follow rules.

Seriously though, how can I answer this question properly? I trust my methods completely to be profitable, but I know from previous experiences that newbies tend to jump around from book to book, from website to website, from strategy to strategy always searching for more. Even if they find something profitable in the first place they will always want to try new stuff or to re-invent the wheel. That's the biggest problem and complicating what you know doesn't always work for the best in trading. The percentage that have some brain, patience and can strictly follow some rules will succeed. The rest will fail, but not because of me, because of their own complications.

What would I get in exchange? tenure? lol *not being condescending, just joking around. I'll think about it.

Turtle trading 'just follow the rules' style is over. Its dead. The market personality chops and changes and the only way to stay ahead is to learn market themes intuitively. And that takes years of research, chart time, and feeling out a unique edge.

That's exactly why I said I will think about it. Each trader has it's own opinion and style. Some traders are more complicated, some are more simple. Each with it's own.

While I do agree with you that the markets are constantly changing, there are aspects that do not change or that can be easily adapted to without complicating your trading too much.

I have traded the forex market 6 years ago with the same methods I trade now. The only thing that has really changed for me is the size of my Stop loss and the size of my targets - they are bigger now because the market is more volatile.

I'll have to read more about this, haven't dug that deep in BFI, but I will.

What kind of track record do you have? Can you verify with broker statements and tax records?

Why are you profitable? Why are you unwilling to prove that you make a profit (e.g. records)?

Post your trading statements for last year

Hi guys,

After ArturiusX's posts I have introduced the refund policy in all my PMs to students, and I will stick by that.

I am not looking to make a huge service out of this thing, that's why I don't need to post everything you ask me in this thread. I'm only looking for ~4 people, and I already have a couple interested for now.

█████, I am profitable because I studied what works and what doesn't, and because I am patient and I wait for the best setups.

The rest of the questions have been answered already at least once, one way or the other.

Regards.

Why do the things you have studied work, what underlying principles make them work?

You should realize that 90% of the forex world is a complete scam, that there is a ton of variance, selection bias, etc etc, so it is only natural for people to be skeptical about forex claims.
You haven't answered yet why you haven't posted any track records. If they are so private, just censor out the $ amounts and put them in percentages.

Actually I think my entry there was pretty damn good. I don't think that the green arrow makes the entry look better at all. The sell line is obviously the first thing that sticks out to me as a trader.

I might sound a little bit too much like Rob Booker when I will say this, but most things work if they are applied and understood correctly, and even most systems would work if only the best (of the best of the best) scenarios would be traded. Do you agree with me here?

I have been around for a while, I do know that 90% of what's being offered online doesn't work....
...but my students will have a chance to see how I think, what situations interest me, how I trade those situations and after several days they will always see the end result of my calls (the forex market moves fast). Not all my students are complete newbies and they will realize within the first session if they want to continue with me or not. From my point of view things are very simple and straightforward.

I can't export the history that format.

You can't scan your monthly statements, edit out personal information and post them?

Forex is a scam. Don't listen to this pikey. I've been trading for 10 years and I can guarantee you this is a scam. I may suck in poker and barely profitable in trading but I do know what a scam looks like.

Your post says exactly how much you know about trading and what your trading skills are and how far your opinion can be trusted.

If I am a scam as much as forex is a scam, then I am as legit as I can be. Simple deduction based on the fact that you sir have no clue. End of rant.

That's just the idea: they were not posted in hindsight, they have the actual entries on the charts! I have also posted in the BFI forum a couple of charts many days before things happened the way I said they will and I was pretty accurate. I will post more in the future when I spot +++A setups.

I would appreciate if you could stop making statements like charts posted in hindsight. These were all trades taken between January and February. If you take each chart individually you can find all of the trades on these:


It's just 1,5 pages with half a page on both screenshots. I took out the important details. This is a MT4 history statement export.

Charts in case somebody cannot find the Prev/Next links on imageshack and browse through all of them.

I have to say I am with ArtX on this, and the article in TraderFeed. I personally have bought a decent amount of trading information and you need a lot more verification to backup what someone is doing. Anyone who I have ever paid for trading information has had free webinars, live trades posted on youtube, tons of articles that exemplify and explain what they teach. Not to mention there is so much information available for free in the public domain you really dont need to buy anything except to supplement your trading once you are profitable IMO. Also every single product I have purchased has a 100% moneyback guarantee with no questions asked for 30+ days. Not to mention how many good traders post in the BFI forum who have been very forward with answering any questions I have had.

No offense Damien, Im not saying this is a scam but given the amount of scams within the trading education industry I think its important to offer more than you are presenting here if you want someone to pay you.

Just curious, how much did you invest in your trading education? It has nothing to do with this thread, I actually wanted to ask you some time ago when I read some of your posts. Also did you pay your mentors or were they free?

Already sorted that one out I suppose.

I only have a couple of spots remaining already. I already offered enough as it is. Also the offer as I have made is good enough for a test by anyone with minimum drawdown possibilities. So there's no need for me to provide the full range of verifications if I don't intend to generate huge interest for a mass service.

No offense taken, I understand your point of view perfectly.

Cheers,
Damien

Excluding charting and data about $900 at this point I think. Some ppl I paid to work with me on a specific questions I had but the large majority I didnt have to pay anything. That was 3 courses worth + a little coaching.

Normally I side with the efficient market hypothesis and free information and all that, but if Damien is just aggregating most of the free advice out there and digesting it in an easy-to-understand format with some personal coaching along with it, what's wrong with that? Some people don't want to spend the hundreds of hours finding what is and is not a bunch of horse**** and are willing to pay money for that privilege.

I agree with this point of view and what others have been saying about providing more information. Some people are just trying to protect the public from wasting their money with inexperienced people/scams. How does anyone know if someone like Damien is experienced enough and capable of helping others worth that price?

In regards to learning and teaching, I believe it to be very difficult in some cases to try and enter an area which you have limited experience and knowledge. Learning on your own and trying to find the right methods and ways of learning can be difficult at times. Having someone to tutor you can save you time and guide you in the right direction.

An example I have is that I am in college, and I have taken a class in digital signal processing. In this class, I viewed it to be very difficult to learn from the book and from other resources, because the way it was worded and organized, but the professor did a great job in simplifying different concepts and answering different questions. This is a subject that would be a lot more time consuming if I didnt take a class on it, and have it organized in a way for me to learn from. I know this is different then trading, but I believe the general idea still applies.

Now who is to say that anyone is capable of being that person able to teach and has the experience to do so. In my college, the professor obviously is very qualified to be that person, and I pay my college for that.

I am sure many people that know alot about this area and can help others get started on forex trading by simplying giving them suggestions and telling them what to learn first and how to do it. Art and Cwar dont want others to waste their money, and want people to understand what exactly he is offering, and what advantage he gives. They are asking legitimate questions to help people like me. For me, a situation like this appeals to me, because I learn a lot better with someone teaching me and guiding me then learning on my own.

Art, and cwar are just trying to protect the people who post on this forum, which is awesome and I love them for doing that. They are trying to see if damien is qualified enough to be that person for people on the forum. They know a lot more then someone like me would know, and know what questions to ask.

my point is just that specifically on this forum i feel like people will be way too susceptible to getting ripped off for trading coaching. they hear, "trading=poker" and then see roi's thrown around and think that they can easily learn how to print money. it's also infinitely harder to verify if someone actually can provide good value as a trainer

with that said, with every post i feel like the op is increasing his credibility, but i also wouldn't know enough about forex trading to really have an educated opinion as to his trading prowess