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Absolutely disagree, our society is over-regulated as it is, we are considered too stupid to think for ourselves by the so much smarter law makers and regulators.
You want "regulated" (by whom? SEC?) exams for futures trading? Next step people have to pass exams before they enter a casino or an online gambling betting site?
It is everybody's free choice if and how they want to blow their money, gambling, betting or futures trading. After passing the regulated exam and then blowing their money anyway at least they can blame the government. After all we need somebody/something to blame. I guess that would be the "fairness" part.
As for Dr AL I don't follow his method per se but I listen to his presentations, there is always a help-and insightful snippet or two.
Does he trade his own account? I think he does but I don't know and I don't care. And if I knew for certain that he makes large amounts of $ every month, it would not change how I use/consider his ideas.
Boy oh boy, aren't we in Lame Excuse Territory already...
You know money can buy security, among other things...
We would love to see if our mentor is making a good living and not because of the subscription fees. But as I mentioned earlier, a show account with a small amount traded would do just fine as credibility goes, we don't need to see a 7 digits account...
So please stop the lame excuses, that is just hurting your case. His non-answer was very predictable:
Thank you for the information you posted regarding Al's website.
I do not take offense to comments easily, but I do take offense to your statement "With the high number of idiots around these days, and it you live in the US, make that gun-toting idiots"
That statement is in no way justified to describe my Country .
I think if Al was to show @Big Mike his last 6 months brokerage statements and Mike confirmed they were genuine and that Al makes decent money then most people would be reassured and may well pay for Al's tuition
The NFA audit thing and similar answers have been debunked by many. As a matter of fact CFTC uses the information that Emmett comes up with to help prosecute the scammers. He works hand in hand with them since he's gathering the info anyway. And the CFTC has told Emmett that the more disclosure the better and the includes verifiable statements. They WANT full verifiable disclosure.
I can guarantee you 99.9% he doesn't trade an account profitably. Heck, if I was a successful trader running a room I'd proudly display what I made. What better way to get more customers for my room?
Unfortunately his answers were about what I expected. The more things change the more they stay the same. Nobody will hold them accountable. This really disappoints me.
Yes, but I do not promote Al in Hong Kong. A local trading group approached me to arrange a visit by Al, but not yet happened. They also asked me to deliver some basic price action seminars which I was happy to do. Nothing more.
I manage Al's trading course website, which is how they found me.
Just to be clear, I was giving MY reasons for not disclosing trading results. I am not giving Al's reasons which he made clear in webinar and elsewhere himself.
Wishing you all good trading, with whatever system works for you.