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I noticed the website to which you refer, Day Traders of Orange County. I always thought they were a pretty straight outfit. Now, however, from parusing their site, seems like they are mostly into selling stuff. Lots of stuff for sale there.
Robin's talk Monday is also hyped there:
"Monday @ 2:00 pm Pacific in the "Trading Floor" chat room (#DTOC) - Robin Dayne, Trading Coach. Monday, May 24, 1999 - "Ways to create the Certainty" "All trading is 80% emotional management and 20% mechanics, not mastering your emotions can cost a new trader big bucks. Day trading brings up ALL your old psychological baggage, and learning to manage it transforms your trading and also quality of your life " R. Dayne"
Robin within her 8 ½ years of coaching using the science of NLP Neurolinguistic Programming has focused on the emotional challenges facing Day Trader's. She had turned around some of the most successful traders on Wall Street and has coached 1000's of people. You won't want to miss this session. Join us!"
Notice the way everything surrounding Robin is always written so as to scare traders into thinking they need her? Notice there's always some comment using the numbers 80-20? Now she somehow knows trading is 80% emotional management and 20% mechanics, whatever that is. What about trading strategies and all that stuff? Where does all that fit into her formula? And, what is "mechanics?" Oh, I think that's the stuff Robin doesn't know much about, that's why it's listed as only 20%, so no one will think much of it, no one will notice that she doesn't discuss that part in her seminars.
Everytime I hear mention of 80-20 in her hype I wonder more and more about her educational background and professional credentials, assuming she has any. Eighty-twenty sounds, to me, like Robin has been reading the "One Minute Manager" series of books. And who are all these successful people on Wall Street that she has "turned around?" Who are they? Where are they?
All the hype sure does make one wonder: this bull market sure has been around a long time. I, for one, will be interested in seeing Robin in the chatroom Monday.
Bill |
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