Trading Pursuits

Re: Platinum Pursuits

Yeah, I went to one of their day trading seminars to learn about US options with a couple of mates. I didn't have the capital to start up but my mates bought the software and they are trading with a bit of success. It was interesting but nothing extraordinary.

 

Re: Platinum Pursuits

*Bump*

Anyone with any insights?

 

Re: Platinum Pursuits

Their salemanship is Grade A

Their information is Grade D

 

Re: Platinum Pursuits

Thanks Wayne

 

Re: Platinum Pursuits

I've just been lent one of their DVD sets, watched about the first hour so far. Things that immediately spring to mind:

Nothing is as easy as this guy is making out (so far anyway), where's the catch?

I have almost no experience trading shares yet, surely it's a bit of an ask that I'm supposed to walk away from my TV after a few hours with a workable/profitable understanding of derivatives of any kind.

Can I trust anything said by someone with that haircut.

The one statement that did catch my interest was this:
The best market to trade in Australia is the US market. You place your orders/stops while the market is closed, and you sleep while the market is open, therefore you are unlikely to be influenced by emotion/reaction.

That actually made sense to me, but is it practical?

 

Re: Platinum Pursuits

Any feedback? PP deals with CFD's and its leverage? He has courses next weekend but is it worth 3.5k?

 

Re: Platinum Pursuits

Nope, unless you want to observe marketing and NLP etc at work, but 3.5k is too much when you can observe it in marketing various products every day.

 

Re: Platinum Pursuits

wayneL, NLP......Is that Neuro Linguistic Programming?

 

Re: Platinum Pursuits

Yep.

 

Re: Platinum Pursuits

Anyone had good experiences with PP's cfd trading strategies?

 

Re: Platinum Pursuits

Some people make money playing roulette.

 

Platinum Pursuits course - good or bad?

Hi All,
I just wanted to know if anyone has attended the Platinum Pursuits 3 days course. Is it good vaule for $?

 

Re: Platinum Pursuits course - good or bad?

For what you pay, it is very poor value.

Buy "Options as a Strategic Investment" for ~$100. It will teach you far more than PP and let you see if options trading is for you.

 

Re: Platinum Pursuits course - good or bad?

It is easy to assess if it good value for money, request the trading results of the instructors and the graduates, the actual brokerage accounts, audited if possible.

To save time just do what wayneL said.

"The New Options Advantage: is also very good, bit old now but the principles don't change.

 

Re: Platinum Pursuits

I've dealt with Platinum Pursuits and Daniel Kertcher about 4 years ago and bought his 'writing covered calls program'. This course, and his other Option Trading Courses which I obtained later through a friend are just regurgitated material being re-packaged and sold for thousands of dollars to the unwary.

But the real dangers lie in the trading strategies he presents, all which proved to be bogus and lost us money.

For anyone out there, expecially the newbies, please, please be careful dealing with any company that promises to teach you how to make money in the stockmarket, for an upfront fee. There are many others to stay away from that I wish I could name here.

My advice to anyone wanting to learn what it takes to succeed trading the stockmarket is to save your money for trading, and read a handful of books by reputable authors. You may want to start with Reminiscences of a Stock Operator, by Edwin Le Fevre, and How I made 2 Million Dollars in the Stockmarket by the master himself, Nicolas Darvas.

Alternatively, visit Google.com for sharesmadeeasy. A free trader's blog that may just show you what others charge 1000's of dollars for.

 

Platinum Pursuits - Daniel Kertcher

Hi,

I was wondering if any members have either been to one of his 3 day seminar on CFD's or even use his CFD strategy where he also has Put option used as a capital protection?

 

Re: Platinum Pursuits

Hi,

I was wondering if any members have either been to one of his 3 day seminar on CFD's or even use his CFD strategy where he also has Put option used as a capital protection?

Yeah anyone got an opinion on this?

 

Re: Platinum Pursuits

My opinion is that the seminars are un-believably over priced and after completion you are very unlikely to make consistent profits in the market but you will how ever feel really good after completing the seminar.

Ideally if you want an education in markets find some one who has actually traded full time for 15 plus years

Also do a Google for DK of PP

 

Platinum Pursuits

G'Day Everyone,

I have recently registered for Platinum Pursuits 3 day seminar to learn Options/CFDs/Covered Calls etc. I have never traded shares in my life and was motivated to attend the course after 2 hour marketing seminar by Daniel Kertcher.

Has anybody in this forum attend this course and can share their experience. I have paid AUD 6,990 and it comes with 100% money back guarantee. Is it really worth it?

I will really appreciate your response as the course starts tomorrow ie 8th Nov 2008.

Thanks, Anshul