Who Can Do This?

[PristineTrading 10]

Good Morning All:

 

Over the years, Pristine has become a pillar in the education field. Pristine began training ordinary people about the financial industry in 1994 and has a perfect reputation for quality and honesty in presenting the best material, with the best instructors, and with the follow-up to ensure students have every opportunity to go on to make money. People new to trading or investing may not appreciate all that goes into that. In an industry that sometimes gets a bad name by companies that are dishonest and offer sub-par training, it leaves many people asking the question: "Who can actually do this thing we call trading or investing?"

 

Who Can Do This?

 

Let's get right to the answer. Anyone. Anyone can do this. Not everyone, or everyone would, but anyone can, and relatively simply.

 

Here is what CANNOT be done. We, as well as anyone else, cannot show you a magical technical indicator that makes money. There is no such thing. If there were, it is all I would use.

 

We cannot show you a kindergarten system that makes this as simple as "red light - green light". These claims are insulting to professional traders all around the world.

 

We cannot guarantee that any ONE person will be successful at this. I know of no college that guarantees their graduates will be successful. The college supplies the tools, but the student must put them to use.

 

Here is what we CAN do. We can supply you with the best education that gives you all the tools you need to make money in the market. It IS very doable. Here are some interesting things you should know.

 

1. You do NOT need any special background. In fact, the less background you have in the financial world the better. I have always said that my favorite student would be a 13-15 year old teen-ager who likes video games.

 

2. You do NOT need an advanced education. "The world is full of educated derelicts" is a famous quote form Herbert Hoover. The complexity of what is needed to make money can be learned by junior high students. Many people make money shortly after our two day seminar.

 

3. Once you learn the method, you do not need to spend time dissecting or even listening to financial reports, earnings statements, or news stories. They are all irrelevant.

 

4. You do not have to compete with big boys on Wall Street. Many places teach the wrong methods. We like to ride the coat tails of big money, not compete against them. There is no other way.

 

5. You can easily beat the big funds. Billions of dollars cannot be moved around quickly or efficiently. In fact, they are forced to resort to very passive long-term buy and hold strategies that have been proven to not work. 80% of funds underperform the market.

 

The confusion arises because hucksters looking to make a quick buck make this look 'too' easy. People forget what 'trading' is. It is a profession. It is an occupation. And like any other, you don't buy your degree on line with a piece of software and you don't earn your degree reading a book or watching a single DVD. You do earn your degree buy getting educated by professionals, testing what you know, and making adjustments if you did not apply the information properly.

 

This information is the same but everyone is different. Think of any university. The same information is taught to all. Some go on to be top-notch lawyers, doctors, and scientists making the highest salaries out there. Some do well, but are not the highest paid. Some don't make it. Can the ones that don't make it say that what they learned was incomplete?

 

Paul Lange

Vice President of Services

Pristine Capital Holdings, Inc.

[Gekko78 10]

Good Morning All:

 

Over the years, Pristine has become a pillar in the education field. Pristine began training ordinary people about the financial industry in 1994 and has a perfect reputation for quality and honesty in presenting the best material, with the best instructors, and with the follow-up to ensure students have every opportunity to go on to make money. People new to trading or investing may not appreciate all that goes into that. In an industry that sometimes gets a bad name by companies that are dishonest and offer sub-par training, it leaves many people asking the question: "Who can actually do this thing we call trading or investing?"

 

Who Can Do This?

 

Let's get right to the answer. Anyone. Anyone can do this. Not everyone, or everyone would, but anyone can, and relatively simply. Agree

 

Here is what CANNOT be done. We, as well as anyone else, cannot show you a magical technical indicator that makes money. There is no such thing. If there were, it is all I would use. agree

 

We cannot show you a kindergarten system that makes this as simple as "red light - green light". These claims are insulting to professional traders all around the world. Partially disagree - depends on what you definition of kindergarten method is.......I use a method that it so simple that I could teach it to my 7 year old niece and she would probably do ok. But , others are not that smart.

We cannot guarantee that any ONE person will be successful at this. I know of no college that guarantees their graduates will be successful. The college supplies the tools, but the student must put them to use. Agree

 

Here is what we CAN do. We can supply you with the best education that gives you all the tools you need to make money in the market. It IS very doable. Here are some interesting things you should know.

 

1. You do NOT need any special background. In fact, the less background you have in the financial world the better. I have always said that my favorite student would be a 13-15 year old teen-ager who likes video games. Agree - less to "unlearn"

 

2. You do NOT need an advanced education. "The world is full of educated derelicts" is a famous quote form Herbert Hoover. The complexity of what is needed to make money can be learned by junior high students. Many people make money shortly after our two day seminar. - Partially agree --- just make money or consistently make money? I made money in FX with no training or anything when I first started but that was luck ......crashed and burned later.

 

3. Once you learn the method, you do not need to spend time dissecting or even listening to financial reports, earnings statements, or news stories. They are all irrelevant._partially agree - News is ALWAYS relevant I don't care what market it is NEWS MATTERS .....not all news but most.

4. You do not have to compete with big boys on Wall Street. Many places teach the wrong methods. We like to ride the coat tails of big money, not compete against them. There is no other way. Very much agree coattails rule!!!!

 

5. You can easily beat the big funds. Billions of dollars cannot be moved around quickly or efficiently. In fact, they are forced to resort to very passive long-term buy and hold strategies that have been proven to not work. 80% of funds underperform the market. Beat the funds? Percentage wise sure .......$$$ wise NO way

 

The confusion arises because hucksters looking to make a quick buck make this look 'too' easy. People forget what 'trading' is. It is a profession. It is an occupation. And like any other, you don't buy your degree on line with a piece of software and you don't earn your degree reading a book or watching a single DVD. You do earn your degree buy getting educated by professionals, testing what you know, and making adjustments if you did not apply the information properly. :thumbs up:

 

This information is the same but everyone is different. Think of any university. The same information is taught to all. Some go on to be top-notch lawyers, doctors, and scientists making the highest salaries out there. Some do well, but are not the highest paid. Some don't make it. Can the ones that don't make it say that what they learned was incomplete?

 

Paul Lange

Vice President of Services

Pristine Capital Holdings, Inc.

 

........................

[BlueHorseshoe 10]

 

You can easily beat the big funds. Billions of dollars cannot be moved around quickly or efficiently. In fact, they are forced to resort to very passive long-term buy and hold strategies that have been proven to not work. 80% of funds underperform the market.

 

We like to ride the coat tails of big money, not compete against them. There is no other way.

 

CONTRADICTION!!! :helloooo:

 

The big money is rubbish and consistently underperforms . . . So you ride their coat tails expecting to outperform them?

 

Doesn't really make sense when you think about it, does it?

 

More vendor hyperbole, and the same flawed argument we've all heard a thousand times before. There are billion dollar funds that are more nimble than any trader on TL will ever be.

 

If you can consistently outperform an average return of 20-30% with limited risk then you would have absolutely no need to be running a coaching operation and dealing with the endless hassles of marketing and trading to the general public - money from willing investors would be pouring in . . .

 

Nice try.

 

BlueHorseshoe

[Gekko78 10]

CONTRADICTION!!! :helloooo:

 

The big money is rubbish and consistently underperforms . . . So you ride their coat tails expecting to outperform them?

 

Doesn't really make sense when you think about it, does it?

 

More vendor hyperbole, and the same flawed argument we've all heard a thousand times before. There are billion dollar funds that are more nimble than any trader on TL will ever be.

 

If you can consistently outperform an average return of 20-30% with limited risk then you would have absolutely no need to be running a coaching operation and dealing with the endless hassles of marketing and trading to the general public - money from willing investors would be pouring in . . .

 

Nice try.

 

BlueHorseshoe

 

Like I said in my other post : Those who can ....................................

[steve46 12]

As usual the easy conclusion is probably the wrong one

 

First, there are folks who like to teach, and are very competent pactitioners as well. The idea that those who can't do...teach....is.....on an individual basis....a myth

 

Second, on an intraday time frame, the majority of participants are professionals, many of whom represent "big money"....that is to say, there are bank, fund, and speculative traders many of whom represent substantial capital investment, and with a variety of agendas. In fact some (government agencies for example) are not even motivated by profit, but maintain a presence to execute trades based on policy directives...the idea that "big money" consistently underperforms isn't particularly useful on a "day to day" basis.

 

Intraday, price is "moved" by those willing to put money to work either as buyers or sellers, and from my point of view, it matters not, what part of the spectrum of big money they represent, as long as the movement they create is sufficient so that I can get on board and ride along.

 

I do agree however that participants who know this business can make much more actually trading than they can teaching.

 

Good luck folks

Steve

Edited January 31, 2013 by steve46

[Niko 10]

My limited experience has shown that trading is not easy, but not because it it not easy, but because traders don't make it easy:

 

1. People start trading as if it was a video game, no training, just waiting for the screen to tell them they ran out of lives and they have to re-start. The problem is that every re-start costs money.

 

2. Once they thing they have learned something,( is ussualy a canned system that some friend told them about or they read in a forum, or got from a 2 day trading course.) they start trading without statistical evidence that the method works, and therefore no confidence on the method nor themselves.

 

3. Once the market has taken half their money, and theri broker their other half they understand that there is something missing and start looking for clues.

 

4. Once they find out all the work (technical and personal) that they have to do in order to become profitable, most ignore it and keep on gambling (casino without penauts and beer), some are smarter and give up, and some persevere and start the path to become a good traders.

 

I guess some courses outthere are legit, but have not heard of any good review so far, in my case self study paid off well.