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Non-Tech : CYBERTRADER

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To: Pierre who wrote (2533)5/23/1999 3:52:00 PM
From: Sir Francis Drake  Read Replies (1) of 3216
 
Pierre - I have never been to a Pristine seminar, so I can't speak directly to that.

In general, I'm fairly skeptical when it comes to these seminars. However, I do think it is possible that good information can be made available. My only experience of Pristine is from pristine.com. In so far as I can tell, there actually was a lot of good information in the educational section. Oliver Velez seems to at least have some working knowledge of the issues. A lot of the material was dated, as trading and the markets change quite rapidly. Perhaps the seminars are more up to date.

I can't endorse Pristine, but I certainly don't put it on the level of pure scams (like Robin Dayne). It is possible that you may derive some advantage from such a seminar, though you should carefully consider how much you are paying for information that while accurate, can often be had for free, if you just do some research on the web - and SI is not a bad place to start. In the end, remember - trading, especially daytrading is a very difficult thing. Most daytraders lose money. When Block went bust some time ago, investigators discovered that out of 68 traders, 67 lost money. A well known and successful trader who wrote a book (his name escapes me for the moment, but he's from Los Angeles), estimates that only 1 in 50 has what it takes to make money consistently daytrading. So, consider carefully what you want to do, and how much you want to pay.

Morgan
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