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Strats Stress Free Trading is not Credible

  • #41
  • Jan 24, 2012 11:27am Jan 24, 2012 11:27am
Quoting zamfir
I not saying you all should agree with me. But i m not wrong on any level.

Yes there are good teachers, i never said there a bad teachers.

All i m saying is why would any profitable trader teach others. if they did , everyone would flock to them and we'd all be profitable traders by now.
As the previous poster said, you were being contentious and required an answer.

There are plenty of good traders capable of teaching but not all people are capable of the discipline of required to learn or actually act on what they are taught.

As for the comment about people flocking to learn from good traders, that is easy it's called filtering by price.
  • #42
  • Jan 27, 2012 9:17am Jan 27, 2012 9:17am
Quoting zamfir
They were not self proclaimed teachers. They all fought for something and in that process , people made them their teachers.

Teaching was never their profession.
Neither is mine,its trading.
  • #43
  • Edited 4:11am Feb 7, 2012 3:29am | Edited 4:11am
Quoting jag1966
As the previous poster said, you were being contentious and required an answer.

There are plenty of good traders capable of teaching but not all people are capable of the discipline of required to learn or actually act on what they are taught.

As for the comment about people flocking to learn from good traders, that is easy it's called filtering by price.
"If I fail to make you profitable it will because you cannot control your own greed and fear, discipline is essential". (Jag1966 profile quote).

Trading analysis/money and trade management - how is that difficult? Excecuting a trade, following your plan - that is the real art of trading- the art of discipline and patience and emotional control over the long term.

Why would anyone in their right mind pay thousands of dollars for trading 'education' that does not teach and instill the process of learning discipline and the management of emotion through a structured program?

Most 'teachers/mentors' who sell trading 'education' do not teach the art of discipline, because they cannot, so they use such wonderful get out clauses (like Jag's above), that simply releases them from any involvement in what a student really needs to learn to be a successful trader.

Such 'teachers' ask for thousands of dollars for information students can easily get for free or at least a very reasonable price (and I am not talking thousands of dollars). The commercial sellers prey on the grail hunters and the noobs that don't have a clue at what is required to be successful. The high price for such 'education' fulfills the greed of the 'teacher' using the fear of the student who will do anything to learn how to trade. Sadly, the student approaches their education requirements from the wrong angle, fuelled by their own fears, fears which are stoked by these snake skin oil sellers.

So, to say there are plenty of good traders capable of teaching - to decsribe how one trades, it's not difficult is it! Given that there are many ways to make money trading, you wouldn't pay thousands of dollars for that information. But to then say not all people are capable of acting upon that information completely misses the point of what the teacher should be teaching.

At the end of the day, the trading education industry lacks clarity of what it can offer and how it can help a student (other than a facade of lies). This makes valuing education difficult for many, especially when they clearly do not know what their educational needs are and how the industry operates. This makes it very easy for anyone to set up a trading education program.
  • #44
  • Feb 7, 2012 4:00am Feb 7, 2012 4:00am
Whatever
  • #45
  • Feb 9, 2012 2:07am Feb 9, 2012 2:07am
Devise a mechanical trading system & elliminate fear & greed. Fixed stops & targets, set & forget. Trade like a machine.

Id agree with that.
  • #46
  • Feb 9, 2012 2:50am Feb 9, 2012 2:50am
Quoting Baba G
Devise a mechanical trading system & elliminate fear & greed. Fixed stops & targets, set & forget. Trade like a machine.

Id agree with that.
Cheers BabaG, I would like to say, you, Strat and a couple of others in FF were pivotal to me making sense of priceaction.
  • #47
  • Feb 11, 2012 1:56am Feb 11, 2012 1:56am
Jag1966,
Thats made my day, I am glad my postings helped.

I found it frustrating that people just don't believe one when one posts but they joined a forum.

Why bother joining a forum if your not gonna take people in good faith or at least examine what their saying and make your own conclusion.

I can honestly say I have no idea how many traders out here are profitable but I can say Price Action is universal and useful and a study into PA will prove it.The rest of ones system is about the individual and most systems fail cause one losses patience in the system building process.

Paying someone to help you build your system is fine but I do feel you cant give anyone your system its to personal,it takes t00o long,like giving ones baby away.Well it would be for me.
Now after all these years of refinement I want to protect it and keep it all for me.

Now saying that it makes me wonder about those who do teach a system based on how I feel,but that's just me maybe others want to tell the world or maybe they need capital to get there baby of the ground,who knows but with a little patience one can find out for one self.

Along with fear and greed I would add anger as another emotion needing
cutting.Theres a lot of anger out here i hope that does not mean there is a lot of angry systems too!

Anyway Thanks again Jag and good luck with it all.
G
  • #48
  • Feb 22, 2012 12:15pm Feb 22, 2012 12:15pm
Quoting Baba G

Paying someone to help you build your system is fine but I do feel you cant give anyone your system its to personal

Now saying that it makes me wonder about those who do teach a system based on how I feel,but that's just me maybe others want to tell the world or maybe they need capital to get there baby of the ground.
Very true indeed. But I think the rewards of teaching some one how to trade successfully must be great on a personal non-financial level. Most of strat's website is free so he gives a lot of his experience and wisdom.

But it pays to do your due diligence and find out as much as you can about the person you are giving your money to. For example, would you give your money to someone who also sells cheap christmas decorations and cheap out door furniture, to make ends meet, and rely on them to teach you how to trade?? Any thoughts Jag1966
  • #49
  • Feb 22, 2012 1:06pm Feb 22, 2012 1:06pm
Quoting Porkpie
Very true indeed. But I think the rewards of teaching some one how to trade successfully must be great on a personal non-financial level. Most of strat's website is free so he gives a lot of his experience and wisdom.

But it pays to do your due diligence and find out as much as you can about the person you are giving your money to. For example, would you give your money to someone who also sells cheap christmas decorations and cheap out door furniture, to make ends meet, and rely on them to teach you how to trade?? Any thoughts Jag1966 ...
Sticks and stones Porkpie, keep it up, you are making yourself look silly now.
  • #50
  • Feb 22, 2012 4:36pm Feb 22, 2012 4:36pm
Quoting Baba G
Does anyone remember,or care to, about baba g on the "strat" thread,cause i have a few things to say.But only if anyone cares that is.


Hey Baba G, i remember you, your postings were pure gold, spurred me on to really study pa.Thank you.I now have much more going in the P column, than the L column.
can't believe this thread is still going.
I started the thread ages ago, simply to highlight certain inconsistencies, and at the time, the Jacko ripoff had occured.It was clear to me that all was not right.Some people agreed, some disagreed.
I stand by my statements, nothing was new. A serious study of price action would have told you that.
I note his thread is pretty much dead, and the commercial site wasn't a great success, or so i'm told by subscribers.
Its a shame as I actually understood some things better when Strat posted about them.
But really, its time to move on.
J16 is still going strong, won't cost you a dime, unless you choose to.
Silent service is a decent read.
Good trading to all, but this thread should be history.
  • #51
  • Feb 22, 2012 7:32pm Feb 22, 2012 7:32pm
Quoting golfer27
Hey Baba G, i remember you, your postings were pure gold, spurred me on to really study pa.Thank you.I now have much more going in the P column, than the L column.
can't believe this thread is still going.
I started the thread ages ago, simply to highlight certain inconsistencies, and at the time, the Jacko ripoff had occured.It was clear to me that all was not right.Some people agreed, some disagreed.
I stand by my statements, nothing was new. A serious study of price action would have told you that.
I note his thread is pretty much dead, and the...
+ 1 on everything you said
  • #52
  • Feb 23, 2012 7:33am Feb 23, 2012 7:33am
Quoting jag1966
Sticks and stones Porkpie, keep it up, you are making yourself look silly now.
Just messing with ya Jag1966. I think you're great.

Talking of scams (not refering to you jag), check out this thread:

http://www.forexfactory.com/showthre...339722&page=18

Pivotfarm chimed in accusing the lass of using their levels (as they were exactly the same!). Not sure why anyone would pay for SR levels which can be easily identified on the chart (no need for this hocus pocus other levels imo). Folk are so gullible.
  • #53
  • Feb 23, 2012 1:47pm Feb 23, 2012 1:47pm
hehe ok mate no probs I'm glad we got that sorted. There are just too many people on these forums that feel the need to poke their noses into complete strangers lives it gets me down (not meaning you of course Porkpie).

Golfer was right, this thread should be put to bed now.
  • #54
  • Edited 6:50am Feb 24, 2012 6:40am | Edited 6:50am
Quoting golfer27
I note his thread is pretty much dead, and the commercial site wasn't a great success, or so i'm told by subscribers.
Really.
Who are they ?
How many of them are there who say that ?
I suspect that they are comprised of an unrepresentative swill, when compared with the wider community of subscribers to the site.

I subscribed to the site 4 months ago and (after almost 5 years in the trenches trading forex) it has given me a direction and focus greater than I've experienced before. This being the case, unsurprisingly my trading results reflect a marked improvement and consistency.

As for the alleged lack of the site's success, this sounds like some kind of urban myth.
The reality is that there is a steady stream of new members joining up and a solid nucleus of original members who remain active contributors.

For my money it is worth the subscription cost just to be a member of a quality education site/forum which has an enlightened membership and (importantly to me) is not inhabited by clueless trolls, naysayers, arguers and other such wasters & bogans.
  • #55
  • Feb 24, 2012 5:12pm Feb 24, 2012 5:12pm
Quoting Yick
Really.
Who are they ?
How many of them are there who say that ?
I suspect that they are comprised of an unrepresentative swill, when compared with the wider community of subscribers to the site.

I subscribed to the site 4 months ago and (after almost 5 years in the trenches trading forex) it has given me a direction and focus greater than I've experienced before. This being the case, unsurprisingly my trading results reflect a marked improvement and consistency.

As for the alleged lack of the site's success, this sounds like some kind...
  • #56
  • Feb 24, 2012 10:52pm Feb 24, 2012 10:52pm
Quoting golfer27


I note his thread is pretty much dead, and the commercial site wasn't a great success, or so i'm told by subscribers.
.
Hello, allow me to get in, as a member since Jan 2011, and the number of posts, you can see that i hate to post, but i had to get in here.

I wont say much, just something that gives me respect to Strats Forum and Website:

Coming from a marketing background, if i were to start a web site, the first thing i would do is convince new comers about my product, or as what we call in marketing the PPP ( Price, Package Promotion), to get down to Forex jargon, the one and only holy grail lie that ever forex wannabe is in search for,in fact i have not seen a single forex website that dose not try to convince you with all these lies and money back guarantee etc... not to say that most forex websites spend most of the adv money on their very first page just to convince you to subscribe, they even tell you 1 day trial , in which they will actually just promote more of their lies so that you subscribe to the website.
If they are able to get a number of new comers per month that's money making for them, and they don't care if you stay or not, their target is only a couple of hundred new comers that subscribe for 99$ once, you do the math.......... math ...... math......

Please allow me not to say more than i have said, but i challenge you to find a forex website or service that has on its very first page the phrase "Leave This Website Now" and still has constant new comers and subscribers...


Quoting and comparing his home page:
Stratsforextrading.com Home Page:

"Leave This Website Now !

If you are here to find a secret Forex indicator, incredible Forex EAs or robots, a fantastic Forex signal service or the Forex Holy Grail, then leave this website NOW, but please bookmark us so you can come back when you have spent all your hard earned cash on such services and blown more than a few live trading accounts. We only teach high probability Forex Price Action trading here.


That s exactly what happened to me, i visited, didn't like the idea, went out , lost my hard earned cash and came back to Strat, and since then.... hmm you know what, i have said enough, am just hoping you can do that math ... math ....

Cheese and Wine anyone??
  • #57
  • Oct 27, 2013 11:36am Oct 27, 2013 11:36am
So are any of you Strat fans still paying for his signal service?
  • #58
  • Oct 27, 2013 12:00pm Oct 27, 2013 12:00pm
Quoting stewrigh
So are any of you Strat fans still paying for his signal service?
Thought not.
  • #59
  • Edited 11:11pm Oct 27, 2013 7:12pm | Edited 11:11pm
Strat would have to be one of the biggest BS artists on the FF.It's important to keep this thread alive so anyone that is tempted to sign up for his site can read this before joining.I spent a month on his paid site, everything he raves on about is available for free elsewhere.He is incredibly arrogant and can't take any sort of criticism,he insists that you post a photo of yourself before posting yet remains an anonymous git in a kilt himself.His site layout is terrible,very poorly constructed and convoluted to say the least.He talks about his 3 and 4 star members,if I remember correctly their were perhaps 4 of them in total.Whilst I was on the paid site I received a PM from a member that had just resigned after 6 months of paying,he confirmed that "strat" was a conman and warned me against staying for too long.It's amazing how these guys try to reinvent the wheel buy coming up with new names for well know patterns and renaming the time frames to make their material seem original.On his paid site good old "strat" heavily promotes moving averages but can't make up his mind which ones to use.It's good to expose these crooks for what they really are,keep up the good work.
  • #60
  • Nov 1, 2013 1:43pm Nov 1, 2013 1:43pm
I think Strat is getting lonely - Patrick seems to be his only friend.

Wonder how much a friend costs him these days?
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