I find your post disturbing and your credibility negligible. On the one hand you tout School of Trade for it's educational instruction and on the other hand indicate that you do not care where or from whom that information comes from. I'm not sure what type of education appeals to you or how desperate you are for it but a reasonably intelligent person, it seems to me, would be just as interested in the credibility of the educator as the credibility of the "information" they offer, especially if there is a price tag affixed to it. To suggest that you care nothing about the integrity of the educator and the validity of their educational authenticity says as much about you as it does about them.
I am not touting the School of Trade. That post was mainly just an effort to show Lloyd that the SOT can still qualify as an educational service because it does offer trading education. I find his posts as disturbing as you find mine. Does that mean that I do not personally find what he (JJ) is doing wrong, absolutely not. If I could be refunded my money I would take it in a heartbeat, but I know that's not going to happen. I was merely trying to equate my poor decision of joining the SOT with a bad loss in the markets, emphasizing to Lloyd that I accept I was ripped off, or wrong on the trade, and have moved on, or cut my loss.
In my personal opinion the education offered there, actually everything offered there is not worth the money. Not even close. And most of the video's could be cut down to about 10 or 20 minutes of useful information. The remaining hour and a half of "training" is just people asking dumb questions and him repeating himself. (same with the trade room) I could go into more detail about the actual information offered but for the most part it is all basic trading subjects, how to use fibs, reading the tape, etc. I will however, in an effort to further discredit myself, say that I did pick up a couple things from him about market personality that I find useful. Was that worth the price tag? no way. Now as far as JJ and his credibility goes, I am not sure why he does not trade live because he definitely knows a lot about how the markets work, and how to trade, etc. So I am a little bit confused I guess that he would not trade live. Either way it makes no relative difference to my trading as of today, and that was all I was trying to get across.
I joined the SOT about a year ago and at the time I will admit I did not do my own due diligence about Joseph James and his operation. That was a mistake on my part. So, I also feel slightly had but I have accepted that I made a poor decision and have moved on. I do care, very much so, about the integrity of the educator as well as the education that is offered. That is why I commented on this thread initially, to hopefully deter someone from spending 4 grand to learn how to trade an ema wave pattern.
Last edited by Fibbee; April 3rd, 2012 at 12:32 PM.
Thank you for clarifying Fibbee. The only thing I would caution is that if you believe JJ and School of Trade to be, how shall I say it, not all that it purports to be or not in accordance with what it is being represented to be by JJ, to not appear to discredit the message that Lloyd and the others are trying to get out. It gives the impression that you are supporting and backing JJ and the School of Trade as being valuable and worth the cost. There may be others, like me, who were confused by the point you were trying to make.
Last edited by Aragorn; April 3rd, 2012 at 03:49 PM.
I am not trying to discredit the message, I have the same message. I was trying to provide anyone who visits this thread a factual contribution from an actual member. If anything I think that my opinion holds more weight than someone who spent a day in the trade room and has two cents to kick in. The "supporting" or contradictory nature of my previous post in regards to the education that is offered by the SOT was not an endorsement of any kind. It was basically just the sarcastic bi-product of being annoyed with Lloyd's prior comment. That whole thing about his real name being Joseph Dufresne was totally irrelevant to what I was trying to say. Assuming that's true, that doesn't mean he isn't still offering trading education, it just means he's a liar.
Regardless, If you want people to join your cause and support your message you should present the facts as they are. No matter how much negative emotion you carry about this, the SOT is still technically providing trading education. Albeit, overpriced and misleading.
My intentions here are not to fight with anyone, I am a friendly trader among traders, and that is only my opinion.