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Larry Levin's Secret of Traders (www.tradingadvantage.com)
The T2W thread was closed a long time ago. So hoping if anyone has any word on this now. Pro/Cons would be great.
Do they trade what they teach?
Are they decent traders?
the cost so far is about 3K for 3 months in a room, with Patrick calling trades. Then 4500 for a year.
Not a lot a money, but do they do what they say.
Pls. just actual ppl who have taken the course, not comments from ppl who haven't used it.
thanks
Can you help answer these questions from other members on NexusFi?
i never seen a moderator that can trade ,i have seen quit a few. seek free weekly trail. the things to look for in a trade room is does the moderator show his dome and takes trades in real time. does he open and review longer time frame charts be for the trading day starts. monthly ,weekly, day. if not he is just playing trader. most are.
I'm not saying that Larry Levin is legit - I have no clue. However take what you read on Trading Schools with a pinch of salt. There are mostly people on that site with an axe to grind as they can't trade or simply can't be bothered to learn and just b*tch about every course or service. As an example Al Brooks has a very bad rating on there also.
I've never seen a trading site that *wasn't* run by a snake-oil salesman. The ones i've seen are not traders, but people looking to make a full-time income by promoting the idea of trading via courses, seminars, products, and the like. With that being said, trading schools site is a joke. ex-con who essentially blackmails marketers. asks them to provide their financial information to him as a 'proof of trading success' and if they don't comply, he posts that they are all fraudulent and don't trade.
Yeah, he dares to ask for proof of outlandish claims. How dares he???
Now somebody who charges 5K for a course could easily run a small real account ready to be shared with possible costumers. Yet almost nobody does that, you might wonder why....
I think you missed the whole first part of my post.
And yes. How dare he. He is a convicted fraudster who will then have access to sensitive, personal information. Legit or not, he loses all credibility if he states 'they won't comply to him'. If you received a random phone call from such a person asking for your broker statements or he'll publish a scathing review, what would you do? Personally I'd get his site shut down, but maybe that's just me.
he gives the people he reviews more of a chance than they give us. there are ways a broker can tell him the owner of a trading account can trade with out giving him the account number. brokers are not angles , they know 99 % of retail day trader fail , you do not think the idea of taking the other side of there trades ever crossed there minds. they also know where the stop locations are , no way they would gun for them .