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James16 is not credible

  • #381
  • Sep 9, 2010 3:47pm Sep 9, 2010 3:47pm
Quoting GubyIQ
If he proves that he's profitable with the strategy he presents in the free thread, than he has every right to teach it to others, and to charge a fee for that.

He would be a living example of what he's teaching. But if the teacher himself, with all the knowledge of supppsed 25+ years of trading experience, can't make money trading, then what are the odds that his pupils will be successful ?
He already has many successful pupils, so he's proved you wrong.
  • #382
  • Sep 9, 2010 3:48pm Sep 9, 2010 3:48pm
Quoting s2659
He also said he paid his instructors 5 figures.. I just don't know if he meant to each one or all together.

edit: but I suspect each one.
I don't know about that, when one of his fellow instructors left a while back and they had a rift and open fight on FF, it was posted on FF that he paid him around $200 a month, so I doubt that he pays 5 figures...unless the guy was in Japan and got paid in Yen.
As I said, he should not post when he is mad.
  • #383
  • Sep 9, 2010 3:53pm Sep 9, 2010 3:53pm
Quoting Mr Smith
He already has many successful pupils, so he's proved you wrong.
First of all, I'm interested in the teacher's success, because he's the one who's charging money.

Secondly, who are those successful pupils ? what proofs do we have that they're really successful using j16 teachings ?
The worst thing I can be is the same as everybody else. I hate that.
  • #384
  • Sep 9, 2010 3:54pm Sep 9, 2010 3:54pm
Quoting wwwin
I don't know about that, when one of his fellow instructors left a while back and they had a rift and open fight on FF, it was posted on FF that he paid him around $200 a month, so I doubt that he pays 5 figures...unless the guy was in Japan and got paid in Yen.
As I said, he should not post when he is mad.
well.. here's the post when he said that. And none of the instructors have objected that so far.

Quoting james16
......
I PAY OUT 5 FIGURES A MONTH TO TEACHERS WITHIN THE GROUP THAT KNOW MY MATERIAL. MOST OF THE MONEY THE GROUP MAKES NEVER SEES MY POCKETS.......
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #385
  • Sep 9, 2010 3:55pm Sep 9, 2010 3:55pm
Quoting traderjai_inhi
That isnt a bush you are beating brother....
LMAO I was thinking just this.
  • #386
  • Sep 9, 2010 3:55pm Sep 9, 2010 3:55pm
WHo cares what your interested in.

He has the right to sell his service, fullstop.
  • #387
  • Sep 9, 2010 3:57pm Sep 9, 2010 3:57pm
Quoting s2659
well.. here's the post when he said that. And none of the instructors have objected that so far.
I know what he said, and I take issue with that statement, and I can assure you that none of his teachers make $10,000 a month.
And do you really think an employee of his is going to come here and object to that? Use your head.
  • #388
  • Sep 9, 2010 4:02pm Sep 9, 2010 4:02pm
Quoting Mr Smith
He already has many successful pupils, so he's proved you wrong.
You made a statement. Can you back it up with some concrete evidence ?
Or are you just a groupie cheerleading his master ? fullstop.
The worst thing I can be is the same as everybody else. I hate that.
  • #389
  • Sep 9, 2010 4:02pm Sep 9, 2010 4:02pm
Quoting Mr Smith
WHo cares what your interested in.

He has the right to sell his service, fullstop.
Of course he has, and his potential students, or his competitors have every right to undertake due dilligence.
  • #390
  • Sep 9, 2010 4:05pm Sep 9, 2010 4:05pm
OF course they should take care before starting to pay, go study for free first. Which is what I did, started to become successful, then never saw the need to pay james.
  • #391
  • Sep 9, 2010 4:35pm Sep 9, 2010 4:35pm
Reading this thread livens up an otherwise dull and boring start to the Asian session, but really this is getting to the point of being downright absurd.

I was a member for of the j16 site for 1 month a couple of years ago and was impressed with the quality of the people/material but felt that I needed to focus more on my own approach to trading so I self selected out. The content on the private site is really quite good, Mike puts up some really great videos and they really teach more about using support/resistance and price action bars in concert, so they are not just trading pin bars.

Personally had I spent the few hundred bucks right off the bat and joined a group like Jims I would have saved myself a lot of money, but no I had to try and figure it out for myself on forums. I mean really lets be real about this given the amount of crappy threads this on forum, any newbie would be hard pressed to ever eke out any success.

I don't really give a flying F**k whether or not Jim is a millionaire from trading or some bum living on the street, the fact remains that he provides good content and good service to the people that have used his site.
  • #392
  • Sep 9, 2010 4:46pm Sep 9, 2010 4:46pm
http://www.forexfactory.com/showthre...224697&page=70

http://www.primroseschool.org/merrygoround.jpg
  • #393
  • Sep 9, 2010 5:03pm Sep 9, 2010 5:03pm
I'll retaliate with a link of my own. Just posted at the James16 free thread.

http://www.forexfactory.com/showpost...ostcount=74475
  • #394
  • Sep 9, 2010 5:17pm Sep 9, 2010 5:17pm
Quoting GubyIQ
...Charging 129$/month (enough money to buy all the trading books you need)....
are u sure only $129 is spent in a trader's trading life to buy 'all the books needed'? are u sure that is a common experience?

Quoting GubyIQ
Would you pay this guy http://media.photobucket.com/image/f...fatguy.jpg?o=8....
are u into sports at all?
i ask because sometimes the instructor's appearance has no bearing to his teaching excellence or lack of. if u are into sports, u should know that.
remember, the coach is not the one to play, he only gives advice/suggestions/instructions & the player/athlete (which is the skilled guy/gal) executes it.
it's a synergy of good instructor/good athlete.
of course there are instructors who have been previous athletes themselves, but that isnt always the case, & that's a different matter.

another example... sports commentators.
they comment well, know whatever the sports' ins & outs, but most/some can never play/have never played that particular sport they're commenting on.


Quoting Trader KGB
Did he happen to say which timezone it appeared in?
  • #395
  • Sep 9, 2010 5:30pm Sep 9, 2010 5:30pm
Quoting Razzle
Lets be honest, the more people trading random patterns with no edge the better !
& more people who think the market is random, much much better
just like u said, perception.
perspective.
  • #396
  • Sep 9, 2010 5:39pm Sep 9, 2010 5:39pm
Quoting supremeChaos
are u sure only $129 is spent in a trader's trading life to buy 'all the books needed'? are u sure that is a common experience?


are u into sports at all?
i ask because sometimes the instructor's appearance has no bearing to his teaching excellence or lack of. if u are into sports, u should know that.
remember, the coach is not the one to play, he only gives advice/suggestions/instructions & the player/athlete (which is the skilled guy/gal) executes it.
it's a synergy of good instructor/good athlete.
of course there are instructors...
Yes, for $129 you can get the top 10 trading books (if you can't find them for free on the internet.) Let's not forget that the majority of trading books out there are a rehash of the classics so that they appeal more to the moden reader. If you`re into reading, naturally you`ll spend much more than those $129, but it's enough to cover the basics.

I practiced fitness&bodybuilding for several years. Haven't seen one instructor in the gym who doesn't look like he's doing what he's teaching. Ok, I read about some former champion who now has some fat around the waist,and doesn't look as good as in his contest days, but is still a personal trainer. There's no problem in that, he has his track-record that speaks for him.

And there is another problem. Those fat football coaches for example, never pretend that they're very good players. Everyone knows that their expertise is coaching, if they get in the field, they may die of a heart attack.

This isn't the case with j16. he implies that he's successful trader, but brings no proof. So any rational person must conclude that he is not.
The worst thing I can be is the same as everybody else. I hate that.
  • #397
  • Edited 6:00pm Sep 9, 2010 5:46pm | Edited 6:00pm
Quoting GubyIQ
...
Look, you make me post the same arguments over and over again.....
let me get this straight.
your beef is 'injustice' is happening around u, right?

look, one can only do so much. i believe u (& others) have made it clear in your posts that u are forewarning people. that's as far as u can go, unfortunately. the next steps are up to the person to decide.
if someone gets killed, or someone falls/jumps off a cliff/building, (after the incident) can u help? can u help reverse/prevent the situation? u cant.

personally, i havent joined the J16 private group. currently i dont have the extra time, money & specially the need to join. i have read some parts of the free thread, viewed the free videos & it was enough for me. as everybody knows, trading is doing. practice & experience improves the trader.
if i ever join, im fully aware i can opt out anytime.

we can only go as far as forewarn people, the rest is up to them.
manage your own money, or let others get access to/manage your money.
  • #398
  • Sep 9, 2010 5:52pm Sep 9, 2010 5:52pm
Quoting wwwin
...the pin is also named something else...Are you saying that pins don't work or are you saying that technical analysis in general does not work?
this is related to my earlier question to him.
it would be very interesting for me to hear his response.
  • #399
  • Sep 9, 2010 5:55pm Sep 9, 2010 5:55pm
Quoting Slack
This is messed up! Now it's attack fat people week at FF?Some of us former athletes are fat bastards. Trading sure doesn't help.
(where's my case of Slim Fast....)
dont take it as an attack...
perspective, Sir.
he's merely giving an example.
dont forget some athletes eventually get fat too. (discontinued exercise/training)

btw, trading should not get u glued to the screen all day, for life.
i trade to get financial freedom, to eventually get time freedom to play more sports, hobbies, music
  • #400
  • Sep 9, 2010 6:05pm Sep 9, 2010 6:05pm
Quoting GubyIQ
Yes, for $129 you can get the top 10 trading books (if you can't find them for free on the internet.)...
i get your point, Sir.

im interested in this.
what are your top 10 trading books that cost only $129 total? (assume it's not free on the internet)
is this your personal experience?
Thanks!

btw, $129 books, new or used? bought off a store or delivered?
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