Hi all
Again there seems to be a lot of negitive towards Jamie and what he teaches. To all you people who have an opinion and who have not taken the trouble to do his study course, I would suggest you do it before you write on any forum.
Jamie is not the only person who teaches on his course. I would suggest you watch the DVD by Ian Daily an expert on taxation and who owned 99% of all ITP offices in QLD. If you are still a big fan of ASIC and the government after that, then there is not much hope for you and you deserve what you get.
KerwynGeez Kerwyn,
I think you need to cheer up a bit mate before you start telling people they can’t have an opinion if it’s not all rosy and happy days. Within the bounds of the ‘rules’ on this site, surely people are allowed to express their opinions ?? I’m sitting in a country right now where opinions aren’t allowed, and I can tell you it ain’t much fun.
I seem to recall a recent thread in the “Help Needed” forum where someone criticised you for having an opinion that wasn’t ‘going with the flow’ of the thread. Good on you I say. You jumped all over him and insisted that you had a right to your opinion and didn’t want all “Yes men”. Howzabout you extend the same courtesy you were asking that chap to extend to you.
Cheers,
Dazzling
“No point having a cake if you can’t eat it.”
Kerwyn,
The thing is, there are a lot of seminar clowns claiming that it’s easy to make ludicrous returns trading options.
Some of these bozo’s (not mentioning any names
)even say it’s a waste of time learning option pricing nuances (greeks) and not to bother, it’s a waste of time.Those of us who have traded these instruments professionally, know this is a huge, stupendous, monumental mistake.
It’s not that attractive returns are not available, they are. It’s just that the market is not that generous with novices, not for long anyway.
The BSOPM (black scholes option pricing model)can either be your enemy or your friend. If you do not know the BSOPM intimately, it will burn you one day…bad!
Cheers
WanyeL: Excelent advice…anyone who thinks they can stay alive in the options market without knowing both the full theoretical and practical side of options will go down in flames very very quickly.
The problem is most of the people who swear by these guru course suffer from 2nd degree ignorance….i.e. they are not even aware of what they don’t know about.
From the viewpoint of somebody like me who has worked in financial markets for 15 years its all too frightening.
Hi WayneL and Nat,
Okay lets all end this in an up lifting note….what can a newbie trader like learn how to become a masters of the market. So far you have highlighted the pitfalls as all people new to the markets should be aware of.Thanks
Whats steps can i take to become a better trader?
i have been trading for 1 year now.So far these are the steps i have taken.
I have back tested my trading system for 10 years for 2 stocks. i I keep diary which i keep my trades in and i take down all details of the trades. I intimately know the persoanlity quirk for each stock so i only put trades of the highest probability.
I’m aware of all my trading system win loss ratio, % loss % profit and all my trading system statistic. Which i have manually backtested my self and automatically tested with software.
I have found a mentor to guide me whom has 30 years experience in the financial markets and we mostly focus on the physcology of trading and who is always a phone call away.
What steps Wayne and Nat can i take to my trading to the next level?I just know it trading i want to do please help!
Cheers,
Perry
One who ask a question remain a fool for 5 minutes;One who does not ask a question remains a fool forever.
Generally: Keep your eyes, ears and mind open.
At the same time be sceptical…test everything. Take what people say with a grain of salt, unless they show you their tax records…especially seminar presenters…AND people on the internet LOL
Protect your capital first, profits will follow.
Options: Learn those greeks! No matter how painful. Don’t leave open ended risk.
Thats about all I dare say lest I be arrested by ASIC javascript:insertsmilie(‘[biggrin]’)
Big Grin [biggrin]Cheers
Hmmm….interesting to see the resident ‘gurus’ voice their opinions once again. It’s almost as if “keenaz” was simply created to feed their never-ending thirst for slander.
Nat R
Poor, poor Natalie. “The voice of reason” as she so openly proclaims. 15 years of watching numbers and graphs would send anyone round the twist, so we can’t be too harsh on her. It’s common problem with many ‘professional money makers’, they have too much emotion. They assoicate work with money and refuse to accept that you can make it without being a ‘full-timer’. So Natalie, how is the palace? And a successful trader like yourself would surely own a large property portfolio. With your spare cash you could easily afford a dozen or so properties per month, and more if you were to borrow money for them.
wayneL
Your jokes regarding KFC are simply hilarious, I don’t know how you do it. So how’s the market in the west Wayne, surely you’re cashing in? Or are you too busy trading the US markets to worry about the gold mine in your back yard? Another man trading his time for dollars (no pun intended), and trying to convince others of their disaterous financial state. Please note the name of this site, and the investment vehicle associated with it. Go frequent those other forums which you do, there are enough here to keep your work going.kay henry
After all this time spent ‘moderating’ property investors, surely something would eventually rub off kay henry. But what’s the matter? Prices too high for you in New South, or are you too busy watching the bickering of 50,000 faceless names to be concerned with anything else in your life. Keep posting, that’s the way. Not long before you reach the 3000 milestone. We could celebrate. I will be, I’ll be throwing darts and round, ugly bright green balloons. It might be better if you don’t show up.Oh, I know it won’t be long before this post is disposed of most promptly. But the beauty of this small selection is they simply can’t keep away. Like an addict to his drug of choice, these three will undoubtably see these comments the second they are posted. Magnificent.
Nice! Great technique! Lovely Satire!
Thats the beauty of satire, you can satirize anything, anyone! Particularly useful if you don’t really have anything of substance to say.
Nice try! 9/10 for technique. 0/10 for accuracy, substance and credibilty!
[strum][drummer][guitar]
Believenothing….your point is what?
If you were trying to make a humourous jibe you failed miserably if you were trying to insult us you also failed misearby….I guess you are just a failure.
Please feel free to correct me if you wish….remember also that a short post is a good post….we don’t need to read your long winded sh!t that goes nowhere.
Regards
NatCome on guys, Help rather than Hinder.
We are all here to learn or help, lets keep it that way.
CATA
Asset Protection Specialist
[email protected]Hi All
I have the highest regard for people’s opinions and will entertain them willingly. What I am saying is at least do a bit of constructive research before bagging someone on the forum.
Look behind what that person is saying and see who else is there in support. Jamie is not for everyone but I believe the majority of the other speakers are of very high quality. I tend to use a bit of logic and ask myself: if these other speakers like Ian Daily who obviously is very successful in his own right, doesn’t need money, but still has a high opinion of Jamie and his teachings: then there must be something in those teachings?
“The human mind is like a parachute: it doesn’t work unless it is open�
KerwynI was inspired to look at the dvd and read all the material but asked myself what is this guy offering, apart from all the talk of answering phones on a beach and not working ever again it just didn`t seem to offer anything at all except for a few ideas here and there which amount to crap.
Even after reading testimonials I felt well “big deal”, is that it?.
Load of baloney if you ask me.
Does that make sense?.[laughing]All advertisments for Guru courses seem to depict people walking along the beach talking on telephones…I always assumed this was becasue they had lost thier house due to margin calls and were sleeping in the dunes.
Hi Nat R
You could be 100% right?
But on the other hand just maybe they have plenty of time and money, so can afford to be on the beach.
Sure would be better than turning up to a stinking 9 to 5 job five days a week.
Kerwyn“All advertisments for Guru courses seem to depict people walking along the beach talking on telephones…I always assumed this was becasue they had lost thier house due to margin calls and were sleeping in the dunes.“
Haha NatR, this is too funny!!!
Do you think they’ll be walking along the beach with a chronical [ohno] surprised [ohno2] expression on their face?
After I have requested their free information, I usually get a follow-up email or letter always saying something along the lines of: “I am surprised that I have not heard from you yet.”Celivia
hi to all,
I have done the Jamie Mcintyre homestudy course (October 2005), and found it to be a real eye opener. I got on the homestudy after reading his book. And after reading Steve McKnight’s book I think that both of them could be friends If they were to meet.
Now let me explain before I get shot down in flames.
These authors both talk about doing the opposite to 92 per centers, being property or shares. Also they encourage you to do more research
)even say it’s a waste of time learning option pricing nuances (greeks) and not to bother, it’s a waste of time.
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