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Daniel Kertcher/Trading Pursuits - Serious or Scam?

Discussion in 'Trading/Investing Resources' started by Matteo, Jan 13, 2011.

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  1. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    saroq: :confused: :banghead: :)
     
  2. hhse

    hhse

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    I couldn't agree more. DK operates a educational course for beginners, yet, his course is equivalent to a 'sales pitch'.

    e.g Of things I've heard in the past:

    * If you see 3 White Marching soldiers (in reference to candlesticks), it is a time to go long CFDs - wow, there has just been 3 days of rally... time to go in?
    * If you see a crisis (high volality, when options are expensive) go buy Put options!
    * If you put in $20,000 into this trade, you would have earned a few hundred thousand dollars and wouldn't have to work for the rest of the year


    Those are the type of remarks you would expect to hear in his seminars. Anyone with the slightest wit, would take his word for a grain of salt, as he doesn't seem to understand the importance of teaching: bank roll management and staying small in your positions, protecting yourself from directional risk and importance of volatility when picking your strategy.

    Honestly, there are more thorough and interactive learning alternatives out there that are free and more thorough.
     
  3. satanoperca

    satanoperca

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Hi Alvin,

    You seem like a genuine and straight up sort of guy with nothing to prove, but just trying to educate others than money can be made from the markets.

    Instead of all the head banning , can you please just provide Joe with say 6 months of trading statements.

    Then all can be settled and you can be the king of the castle.

    Thank-you for doing this in advance

    Cheero
     
  4. minwa

    minwa

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Yeah please, do show us your unloseable months(reset equity button on paper account are very useful !), 10 000 CFDs of AAPL(as if anyone with that big account would be stupid enough to trade CFDs) and your "70k profit - should be enough profit for a day" (yes..250 trading days means 17.5 million profit per year, wonder why I don't see Alvin Purple on Forbes rich lists..).

    Please show us your legendary trading skills that you learnt from Daniel Kertcher !
     
  5. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    :)OK, this is for all of you:

    Just for this once I will take you through one og my trades that I am placing tonight. The premarket is open and the trade I aim to place is the purchase of 10,000 AAPL CFDs.

    I will timestamp the transaction and will publish my broker's statement which will show exactly what I have bought, the quantity and the purchase price.

    So, here we go. It is now 9.56 pm and I have just placed my order with my broker, waiting for it to be filled.

    And here is now confirmation from my broker:

    _______________________________________________________________________________________________

    Thank you for using IG Markets.

    This message is to confirm that you have placed the following trade:

    Date: 16 MAY 2014
    Reference: DIAAAABVUWS7QAD
    Size: Buy 10000.0000 shares to open
    Market: Apple Inc (All Sessions) CFD
    Level: 588.07

    If you have any questions, please contact our Helpdesk on the details below.

    IG Markets Limited
    Level 15
    55 Collins Street
    Melbourne VIC 3000

    Freecall: 1800 601 799
    Email: helpdesk@igmarkets.com.au

    AFSL No. 220440
    ABN 84 099 019 851
    _______________________________________________________________________________________________



    Time Stamp: 9.58 pm

    I have just bought 10,000 AAPL CFDs at $588.07

    Now we can all watch the trade. I will also let you know when I am selling. You will know within a few minutes of the sale (trying to stay within the 10 minute time limit set by Joe Blow).
     
  6. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    It is now 11.11 pm and AAPL has just reached $589.75.

    Since I don't feel like staying up all night, I have now set the S/L at $589.07 and the T/P at $595.07. I am off to bed now, tomorrow is a big day. I will post sometime on Saturday.

    Night All! Sweet Dreams! :)

    Time Stamp: 11.14 pm: Set stoploss at $589.07, profit target at $595.07
     
  7. minwa

    minwa

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Err one trade proves nothing, a fool can toss a coin (buy or sell) and has a 50% of winning. Are we supposed to deem you a profitable trader from one trade ?

    Send your past 6 months + statement to admin or any mod of your choice. How else do you prove your unloseable months

    Also, that is not a broker statement. Send the PDF file or email sent to you from IG to the admin. That is a broker statement.

    If we were to tally up all the trades you posted, you're in a miserable loss now after the AAPL trade many months ago. Let us know how much you lost and how much you made the 2 recent "trades" you posted.
     
  8. prawn_86

    prawn_86 Mod: Call me Dendrobranchiata

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Alvin,

    How do any of these supposed trades actually tie in with Daniels so called teaching?
     
  9. DeepState

    DeepState Multi-Strategy, Quant and Fundamental

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Trade Initiation.

    11:!5am GMT 1000x Ukranian Bear Knock-Out Call Calendar Ratio 1:2 Bull Spread at USD 20,500, via OTC swap


    Term Sheet Attached:

    20140517 - Morgan Stanley Ukranian Brown Bear Term Sheet.png
     
  10. Joe Blow

    Joe Blow Administrator Staff Member

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Alvin, perhaps you could respond to this question, which has now been asked twice?
     
  11. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    1. Nothing whatsoever

    2. ditto
     
  12. prawn_86

    prawn_86 Mod: Call me Dendrobranchiata

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    In that case you should create your own thread and leave this one to discussing Daniels "products"
     
  13. >Apocalypto<

    >Apocalypto< 20.03.2012

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    That doesn’t prove much... anyone can post an edited version of that... I can copy that info and post an edited version now.

    Why can't you take a screen print off your IG plat showing the open trade... I post screen shots it's not hard... just pop it in paint and post it. This way no one can doubt you...
     
  14. cynic

    cynic

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    Is there a way to differentiate between live and demo accounts with such screenshots?
     
  15. >Apocalypto<

    >Apocalypto< 20.03.2012

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    the top of the acc say's demo but i can't be sure atm.... been a long while since i traded off pure deal. it might not.... the live acc numbers are way different to the demo acc numbers...

    very good point cynic...
     
  16. Alvin Purple

    Alvin Purple

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    Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

    I agree. A return of 6.6 % p.a. is nothinng short of pathetic.

    Start another thread about Daniel Kertcher? By all means, go ahead. Daniel just loves threads about himself. Every thread about him raises his profile and he gets another few thousand people to sign up for his courses.

    As everybody on this forum knows, I have been bullish on AAPL for a long time. Even suffering a small loss back in January did not deter me. And today you only have to look at the share price of AAPL to see that I have made a lot of profit in the last four months.

    Many times I have flagged my intentions BEFORE I placed the trades, but when they turned out to be profitable, you called them hindsight trades. However, this is your problem, not mine.

    I will be placing lots of trades on Tuesday. I am very bullish on the market overall. So when you see the market go up in the next few weeks, you will know that I'll be making good profits. It looks like 2014 could be my best year yet.

    I won't be reporting on any of my successes because I have been warned not to post any hindsight trades.

    Yours in Prosperity

    :) Alvin Purple :)
     
  17. Magda

    Magda

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    I wonder why Alvin Purple isn't coming here anymore. Maybe it's because he's blown up his account with all his AAPL CFDs.

    I remember when he told me to buy them when they were about $500. I didn't follow his advice as I thought they were grossly overpriced.

    I checked recently and found to my surprise that they had dropped to $90 and it all happened in a few minutes before market opening on June 9. So he wouldn't have had a chance to get out of the trade and he obviously suffered an 80 % loss. If he really had bought 10,000 CFDs as he always claimed, his losses would have been disastrous.

    I think I saw him recently lining up at the South Melbourne soup kitchen.

    If he ever comes back here, I wonder what fairytales he'll tell us and how his loss was only minor.

    But we know better, don't we?
     
  18. DeepState

    DeepState Multi-Strategy, Quant and Fundamental

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    Actually, the stock was split 7:1 on that day. Pains me to say it but, after adjustment, the trade outlined on #725 would be up USD 420k.

    Expect a comeback. It should be fun. Purple Purple. Purple Purple.
     
  19. minwa

    minwa

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    You took the bait. Check Magda's post history..s/he is really just here to bump this thread.
     
  20. DeepState

    DeepState Multi-Strategy, Quant and Fundamental

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    20140626 - Fish on Hook.png

    I enjoyed your post history on this thread more.

    Anyway, if s/he should return, you can feel free to point out that the back-dated, selected and unverified trade in AAPL: NAS returned 8.3% over the period. This compares to the NASDAQ index return over the same period of 7.1%. Hardly the kind of thing to illustrate some sort of massive stock picking ability, particularly (if) in the presence of hindsight.

    Furthermore, of the 2512 stocks in the NASDAQ Composite which had a complete history over the same time period, AAPL was ranked 1300. In other words, one of my beloved NASA Monkeys would probably have done better. In contrast to the cost of a formal course, their consulting rate is peanuts.
     
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