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Pastimes : Robin Dayne - Mastering your Emotions -- Ignore unavailable to you. Want to Upgrade?


To: JB2 who wrote (88)5/30/1999 9:56:00 AM
From: William W. Dwyer, Jr.  Respond to of 121
 
If her "lectures" at Worldwidetraders.com are anything like her "lectures" at Ken Wolff's site, I'm sure they are meant more as brief sales pitches intended to lure more victims to her private "paid" personal coaching sessions, which is what she does to support herself instead of trading or otherwise working for a living. I've seen several of her online sessions and was, to say the very least, quite unimpressed.

I will try to make it to her next session and ask her a few questions of my own. Thanks for the tip.

Bill



To: JB2 who wrote (88)5/30/1999 1:10:00 PM
From: William W. Dwyer, Jr.  Read Replies (1) | Respond to of 121
 
While looking through the threads today I noticed an interesting post on the Executioner thread pertaining to our guru Robin Dayne:

techstocks.com

This was written by Mark Stryker, CEO of CyBerBroker, in an attempt to hype Robin. What I find particularly interesting is that Mark says "...teaches traders how to trade with CyBerTrader and gives 101 trader coaching..." I took Robin's seminar after that and heard her say that she had only been using CyBerTrader for a short while. It was very obvious that she knew little about it. She incorrectly described several key features, including elements of the Level II stock box, and kept promising to get answers to our questions later from the folks at CyBer. She as much as admitted at that time that she was not qualified to train folks on using CyBerTrader. And it was very obvious.

Also of interest was Mark's statement in the post "...she will be dealing with various aspects of beginner and advanced trader psychology, which is her speciality..." What makes Robin a specialist in advanced trader psychology? I don't get it. She offers no academic or professional credentials other than having been some kind of volunteer counselor at a women's prison in New Hampshire. Am I missing something here? How does that make one a specialist in anything. Hell, I could be a volunteer. They have volunteers working at many public hospitals, often delivering magazines and other reading material to patients to keep them from getting bored. But these volunteers don't immediately go out and represent themselves as specialists in teaching advanced psychology of brain surgery to physicians. Do they?

This whole thing is getting so utterly ridiculous. And, where is Robin these days, anyway? I notice she started this thread (along with at least two or three others) and has been conspicuously absent and unresponsive since people started questioning her credentials and her motives. Funny, isn't it? I don't see Wade Cook posting here either.

Robin is described by herself and others as a "specialist in 101 trader coaching." I wonder why a trader needs a "coach." Seems to me a trader needs a good teacher, a fast computer, and lots of experience. Neuro-linguistic programming sounds nice, and I'm sure Tony Robbins made a lot of money selling it. But, ask yourself one thing: would Warren Buffet, William O'Neil, or even Harvey Houtkin buy it? No, of course not! And for good reason. The only people who buy NLP are the ones too lazy to really study trading. They want a magic pill to take each morning. They probably know their daily horoscope, and they definitely run up tabs on those psychic hotlines. What a shame.

"Coaching" seems, to me, to be another b.s. word they throw around to sidestep the issue of one perhaps not being qualified to be a "teacher." Coach is a more vague term and implies much more than it really means. Anyone really want to spend $5,000 to find out what I'm talking about? I don't think so.

Bill



To: JB2 who wrote (88)5/31/1999 2:03:00 AM
From: William W. Dwyer, Jr.  Read Replies (1) | Respond to of 121
 
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