(binned per thread starter’s request) Is this guy trustworthy?

Hanover I must say that you are one of the few people on here that doesn't make me cringe when I read their posts. You've got a good head mate

I've really enjoyed reading your stuff around FF

According to their blog (http://grailtrading.blogspot.co.nz/), the four months were Dec 2006 thru March 2007:

I likewise look forward to reading more of your posts.

You strike me as a fairly circumspect fellow, in a the less said, the better way. And knowledgeable, on the platform front. Message me your email addy and I will refer back to you in due course for a discussion. I may have a need for your skills......in due course.

Correct me if I'm wrong about this, but I think..

{ personal information deleted by staff, per request } actually runs a hedge fund (verifiable on Bloomberg)!! -one of the few educators I know out there in the retail world who actually really trade and do it at such a level where the stakes are really high. This is one the reason I really respect his style of approaching the markets as he teaches in his courses and many free videos.

If he is a scammer, then this whole retail trading business thing is one big scam then.

You're right. I'll be doing a more detailed post about him soon.

In a nut shell his fund is on Bloomberg (I checked myself via the terminal a couple of days ago. The ticker code is 'ASACFND' if you have access to the terminal yourself) his auditor is actually a very big firm (Baker Tilly International). It is literally not possible to be on Bloomberg if you are not really an investment manager/trader that is active in the industry.

Having said that I do think that pretty much 99% of the trading education industry is a sham. Most educators are just failed traders with no verifiable career in the industry. So I can kind of see why it gets such a bad rep and why so many people are bitter and resentful.

Agree with 4rxal-ghul, I was also a subscriber to { personal information deleted by staff, per request } and find his depth of knowledge about the fundamentals of what moves the currency markets to be at a very deep level.

However, with that being said, it doesn't translate into competency or profitability for everyone. I think a closer mentorship, rather than just of videos is necessary to bring one up to a level where one is competent enough to be profitable to make money from the markets.

There were traders posting trade entries and exits on this site years ago. BRV from Nobrainertades , Redsword, Mark Lovejoy and Dean Kenny with his epic 14 hour trading day videos( to name a few). If you want a recent example, Trader Dale posted verifiable trades from September 2016 to May this year.

As I'm sure you know, there is a considerable disparity between what can be taught and what can be learnt so a loaded question deserves a loaded answer. The aforementioned mentors were all students at some point and are still learning to some degree.

Almost everything is open to interpretation Princeton. I say it's Pink , missus insists it's Fuchsia, point being is her eye for detail is more refined than mine.
As mentioned by previous posters, many facets and nuances to understand way beyond price patterns. How many students are disciplined to take the time required to learn and master all the skills required beyond basic mentoring ? I BELIEVE the better mentors out there can teach you much of what they know from a framework to build on perspective as opposed to trying to clone their methods then the rest is up to you...Once again , I have FAITH you'll stop judging others by your own standards.

You can find my e-mail address (in blue typeface) here (https://www.forexfactory.com/showthread.php?t=346227). Very happy to chat, especially to a fellow kiwi.

"I may have a need for your skills" -- please note, I no longer code EAs for other traders, not even for a fee. Reasons here (https://www.forexfactory.com/showthread.php?t=657018) (especially the text in blue typeface), just a general comment after wasting my time coding and testing EAs for more than 20 highly vouched FF members, all of whom (wrongly) insisted their systems were long-term profitable; hence please don't take it personally.

I dont do any of that. Forget all your experiences to date when dealing with me. The less said the better.....all will be clear, if and when I get in touch.

The obvious question I guess is why would a hedge fund manager bother selling a course to retail traders for $50. I would say the reality is he makes more from selling courses than trading.

It's called BUSINESS PORTFOLIO, AYard. You could expand to more businesses once your core business grew and mature at certain level. They could be related to the core one (like that course) or totally different. It's a perfectly normal business practice in other industries. Why does trading have be to any different?

The $50 pricing is just a pricing strategy. Assuming he deliver perceived high value contents, that price tag may be considered cheap who see it as such. If they are the majority, then Jarratt is selling at 'the cheap price' to increase volume. Again, another normal business practice.

From psychological POV, if you have other streams of income, you'll naturally have more Peace of Mind when doing your trades. So, having other businesses help traders who also coach to trade more calmly, hence more effectively.

I still stand by all of my earlier comments in this thread, they reflected my thoughts at the time. However, it appears that the situation might have meanwhile changed. That's all I'll say for now. Let's see what, if anything, happens over the next few weeks.

With the continuous advent of advanced I.T.-enabled trading systems, platforms and services around at these times, { personal information deleted by staff, per request } is doing great in giving inspiring new traders or experienced traders an organized content, services, and courses that help in the journey/path to be a consistently profitable trader. Afterwhich, armed with knowledge/skills... only each individual trader can come up with their own decision-making process.

For noobs... and the likes. ; )─
https://www.facebook.com/fxvits/videos/914568995411133

Like some of you guys, I did Jarratt's course a few years back and it definitely expanded my knowledge and appreciation of what it takes to be a successful trader. After watching him in the early days I never considered Jarratt to be a great trader. However, I did learn a lot from some of his traders and how they actually trade fundamentals on a day-by-day basis, especially Nick Bovell who was excellent.

Interestingly I saw this twitter post from Nick this week that caused my jaw to drop a few inches.

is there any more evidence that { personal information deleted by staff, per request } is a fraud? I was told his fund is on Bloomberg

Interesting, put me in into your prop firm and learn fundamental and let's trade to make money

I was going to post this in my own thread but since this thread has been 'resurrected' and it's more topical than what I'm writing over there I'll post it here.

I note that Jarratt has 'retired' from FX trading (was it the stress? or the money he made teaching paled in comparison to what you can make as a fund trader?) and you can't order his course anymore. So here are my notes from when I took his (very early, introductory version?) of his course without risking any money up front. This would have been some time around H2 2016.

Hat tip to SFundamental who reminded me about Jarratt and spurred me to dig through my old notes. It's fairly point-form, less wordy than my current style, but it should give you some idea of what Jarratt was teaching.

My own opinion is that his course wasn't a scam (his other claims might have been) but I'm still skeptical that using fundamental analysis is more beneficial than technical analysis, except over very long-term horizons. Also he seemed to focus on mundane details, and repeated the same basic concepts.

1. Futures Market - has 2 functions

Take delivery or sell
Risk transfer = hedging
Futures hedges transfer risk to speculators
Price discovery - accessible way to price underlying assets
Setting price benchmarks
Interest rate futures - 3mth libor interest rate
Eurodollars != to EURUSD
Speculators provide liquidity - increase the number of ready buyers and sellers

Risk - possibility of losing money and types of risk
Specific and non-specific
Specific -> to an instrument
Non-specific ->not instrument-specific but is present in all portfolios

Futures can be used to diversify away from risk
Leverage - borrowed money to amplify gains
Liquidity - how small the buy/sell spreads are
Contracts - specs set by the exchange -
Clearing - clearing house guarantees performance of contracts
Becomes the legal counterparty to the original transaction
Margin-initial

Bonds - coupon --fixed income
Yield curve - look at curve of future interest rates
4 types of curves (inverted, etc)
Liquidity preference
Expectation hypothesis

2.
Market segment hypothesis

Fundamental analysis
Supply and demand
Sentiment

Central banks

Fed funds rate / repos

Intermarket analysis

Links between bonds and stocks
Links between bonds and commodities

Effects of deflation

Fundamental economic releases
Traders need to know what’s coming out when
Expectations vs realities

GDP related figures - Nominal GDP

1. GDP per head
2. Real GDP
3. Prod. GDP

Cyclical or leading indicators

3 stage cycle

Peak recession trough

3. Indicators
Leading indicators
Coincident indicators
Lagging indicators

Employment/unemployment - spare labor productivity
Personal income / Disposable income - basis for savings
Consumer and personal expenditure - private consumption
Consumer confidence
Inventory - demand pressures and potential sales
Business conditions, indices, surveys
Industrial, mfg. Production
Capacity, use and utilisation
Mfg. orders - new orders received by mfg. Co.’s
Motor vehicle sales
Construction orders and output
Housing starts, completion and sales
Wholesale sales, turnover orders, w/ stocks
Retail sales, turnover, orders and stocks - consumer confidence
Imports of goods and services
Exports
Trade balances, merchandise trade balances
Exports/Import prices / unit values
Producer and wholesale prices
Surveys of price expectations
Wages, earnings and labour costs
Unit labour costs, indicator of labour efficiency
Consumer or retail prices
Consumer or private expenditure deflators
Deflator indicates actual spending / GDP deflators

Outright vs spread trading - simultaneous buy and selling of a pair to take advantage of the ask/bid spread difference

Types of yield curves

4. Terms to research
High ticking/low ticking - buying small positions to trigger short stops/selling small positions to trigger long stops
Offside - loss
Onside - profit
Scratch - null profit trade
Clip size - amount you can trade
Demand
Barrier
Supply
Libor - London interbank offered rate
Book squaring - ?
Hit-sell as in ‘hit the bid’
Lift - buy- as in lift the offer

Central bank - members, names, stances, biases
Central bank policies
Meeting frequencies , times & dates, decision announcements times, published minutes, previous meetings and decisions

Canada - Stephen Poloz; England - Mark Carney; RBA -Phil Lowe; Fed - Janet Yellen; RBNZ - Graeme Wheeler; JPY - Kuroda; ECB - Mario Draghi; CHF - Thomas Jordan

Types - gov. Corp. sovereign, supra? National - coalition tween 2 sovereigns who issue debt
Coupon, convexity, duration, yield
Bond price & interest rate relationships
Bond ratings and rating agencies

Interest rates
Who sets them in every major country - central banks
Why raise and cut
Causes of inflation - money supply and national debt; demand pull effect, cost push effect
Interest rates and rate of inflation for every country
US 0.5; CAD 0.5; JPN -0.1; CHF -0.75; RBA 1.5; RBNZ 1.0; ECB 0.0
Inflation
US 1.1; CAD 1.3; JPN -0.4; CHF -0.1; ECB 0.2; RBA 2.0 RBNZ 0.4
S.T.I.R (STIR = short-term interest rates - eurodollar (futures) - Euribor)
products and how prices are derived
Key contracts
Contract prices and interest rates
Letter and colour symbol for specific month/year

5. Equities
For the FTSE, DOW, SMI, DAX, CAC, FESX, NASDAQ, S&P - APPL, GOOG, EXXON, FB, MSFT
Top 5 companies in each of these indices
% of index they comprise
Market caps 700-300 BN
Why know this?

6. Commodities
Why oil and gold are important
How they are traded
Other important commodity markets
When trading futures/forex

7. Major pairs - memorize them
USDJPY; EURUSD; GBPUSD; USDCAD; AUDUSD; NZDUSD
Current rates and recent performance
Effect on other markets
Difference between pair and cross = USD is involved in pairs not in crosses

More stuff I found in the deep roads of my ancient files!
ca. 2016:
"The JD systems seems to involve putting an impossible burden of research on the trader, and then picking trades by whim and fiat. If things go against you, it's your fault for being lazy and missing something.
Then when he actually trades he picks trades from his info feed, which makes it seem that you need to sign up and pay for his tools. Although of all the gurus, he comes across as the least sleazy. At least he sticks by his fundamentals stance, and trading into risk events may be a viable strategy. It's just that all the rest of the stuff in his course is not necessary and seems an awful lot like padding.
Screenshots are of the main strategies that (might) work. I'm very skeptical of trading round price levels - that just doesn't bear out in the charts. Daytrading the news feed - only big events. Most of the time news reacts randomly or cyclically. Positioning with sentiment - again, requires a third party tool and I believe sentiment is a crapshoot mostly. The big news headlines might give you a sense of the market sentiment though. Testing required, as usual."

Sadly I didn't think his videos were worth keeping on my hard drive, and I didn't screen cap examples of those categories - not sure if he provided too many. Oh well.

Just saw his website JarretDavis.com and forexsource.co now financialsource.co is advertising 14 day trial and $97 a month, cancel anytime, before $247 a month offer. If you read the terms below on the website, there is the company information Trading Media Ltd which I looked up on UK's Companies House. Not much of an income, very small. I'm not sure anymore of what to do.

It's getting harder and harder to find someone who is honest and truly wants to teach/mentor.

Hanover, I think you were lucky in taking his course when it was offered. I also believe you are the only one that is a voice of reason here and why I come back to the forum. But to be honest, I'm probably losing it because I am dishearted. I really, really wanted to learn to be profitable and for someone to teach me.