Are we going to get these bs testimonials on a weekly basis?
And lost 499k. Ha ha b.s. artist.To cut a long story short,last year my husband and I made over 500k using Forex trading strategies based on Daniel's courses. And this was without really trying too hard.
To cut a long story short, last year my husband and I made over 500k using Forex trading strategies based on Daniel's courses. And this was without really trying too hard.
We havent traded for a few months because we are busy with a couple of businesses we have. However we will trade again when those settle down again.
And lost 499k. Ha ha b.s. artist.
From the "How to bulls#it 101" tape set (Which I will sell to you all for $4000Oh.....MrsClark, MrsClark!!! Why oh why, if you are making $10K a week, "without trying too hard", would you give such a successful business to concentrate on other, (less successful) businesses requiring much more time and energy?
That doesn't sound like a very good business choice to me!!
As this thread ranks highly on Google, I suspect so.
I noticed the next hit on Google's list doesn't have very favourable things to say either.
This thread seems to favour a long and torturous bout rather than the quick death of that other options "guru" thread.:
Guys and gals,
Reading through these posts there is clearly a collective of combined experience, trading the markets with a variety of methods and opinions.
I am a novice, have never traded and don't have a concept of the markets, CFDs vs Options etc. I was thinking of doing a course to educate myself on strategies to trade in the markets, solely for the purpose of creating a stream of residual income (I am not that naive that I believe I will be able to retire from my job after 12/ 24 months by substituting my income through trading).
I would love feedback from the forum on what you believe is/ are the best course/s for a beginner, what strategies you believe are the lowest risk for the best return (if it exists), and any other advice you would share with me based on your own experience i.e what would you have done differently if you were able to start again?
Thanks in advance
Interesting to see this thread pop up.
I have subsequently done a Finance degree, learnt all about derivative securities, and how to derive the Black-Scholes option model and all sorts of interesting things about portfolio management and quantitative trading strategies.
So I can thank Daniel for being an interesting speaker, although I think his presentations and trading strategies were never going to provide a trading edge.
Interesting Maffu, I too went & did a finance degree with quant,pm,currencies etc & loved it!!
Not sure about the uni u went to but I now have a $25k Hecs debt + course expenses + time without wage(say $60k/yr) etc - quite pricey huh.
Just wondering if I had gone & posted that I finished a $210k course with no absolute garauntee of a wage & I got taught pretty much the same info as several hundred others that yr - what sort of reaction that might get from people?
Its taken 3 years of a** kissin and playing the corporate bs game to even pull in 6 figures. So am I better off for it??? Well at least the course was good & it definately wasn't a scam right??
So my point(if I even have one) is that just cause a course costs a couple grand doesnt mean it should be labelled scam. Yes Daniel's is definately a 'scheme'(went to an info night some yrs back) just to clear that up!!
I am currently looking for a 1-2-1 mentor to try and 'help' me(not make me, thats my responsibility) go from a PT trader to FT & making a decent wage. But people want to know what it costs before they find out who Im even considering which I think to be a bit odd.
Is there anyone that comes recommended as a mentor? There is plenty written about what stuff not to touch, but nothing on what is good. Am assuming it may be that if they are a good mentor, then the less that know, the better??
Cheers
Daniel Kertcher was a licensed representative of a company called "Mastering Wealth Pty Ltd, in Sydney.
Anyone want to hear about it?
Thank you for this very useful review. I'm currently considering this course and am actually quite surprised that you HAVE TO purchase the MarketAnalyst tool. You would think that you can calculate the returns yourself.
What happens if you don't pay the $888 per year - don't they give you access to the website?
Cheers
I recently completed the Platinum Pursuits Tradeability Income course presented by Daniel Kertcher. I was quite apprehensive about it, and that wasn’t helped by the negative comments about Daniel and his company on this and other trading forums. However, it is inevitable that anyone who charges thousands for their courses is going to be treated with suspicion, and the content of the course really had me interested, so I decided to part with my $3,200 and do the course. Now I hope here to provide an insightful and unbiased account of the course and its potential to fulfill its promises for anyone who may be considering undertaking it.
However this is a long term strategy and the idea is that over time it should generate a good income.
The blurb that I got before I did the course was that for the first 3 months of using this strategy (note: this is a very new strategy that only people who have done Daniels course can do as for the moment there is only 1 broker, IG Markets, who allow the strategy and they will only allow access to Daniels students) the return averaged about 12% per month, annualized to around 150% yearly return.
And you can trade using as little as $5,000.
So, things aren’t looking quite as rosy now. I have been trading this strategy now for 2 months on a $20k bank and have so far only entered 5 trades with an avg return of about $50 per trade. I have made about $250.
Also, the strategy sounds simple, but beginners will find it very tricky to get to grips with.
I have been trading for 8 years and still found it quite nerve-wracking the first time trying to get the returns right. A small move in the share price can turn a reasonable return into a poor one if the option price doesn’t move as well, so you need to be on the ball.
You also need to be checking the trades every day because if something goes wrong you have to attend to it.
If you get stopped out you need to decide whether to buy back the option or let it go, or possibly purchase another cfd. Also, you need to subscribe to their income report which is about $450 per year (first 4 months free)
and you have to purchase MarketAnalyst software for $888 per year because it has the calculator for the covered calls so you can see the return you are getting. They also forgot to tell us about that……
On the positive side, the support from PP is excellent. I have had queries which have been answered in depth, and the videos and info on the website are very good. Daniel also appears to be very knowledgeable on the subject and teaches it well.
Bottom line: I don’t think what Daniel is promoting is a scam.
However I do think there are some serious misrepresentations and I would not be surprised if there were a number of disgruntled people out there. And the truth is that no matter how good a strategy is, probably only 10% of people will make good money from it regardless.
Do I regret doing the course? No. As a result of doing the course I have opened myself up to the US market which I have never traded before, and so far the trades I have made have paid off a fair bit of the course costs. With a larger bank the strategy would be much more attractive, so it is something that I believe will reward me down the track. Would I recommend it to a friend? Probably not, unless they had a large bank to invest and had the right mindset to approach it with. It certainly has the potential to be quite lucrative for the right person.
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