Questions about me and why I sell Trading Systems


You do not know about me except the testimonials you have read, or a recommendation from another person. You may have bought my system out of a leap of faith, or you may be a
course jumper, giving up as soon as they get frustrated. Some are skeptical, with a chip on their shoulder, ready to prove my system is a scam. It's not. Here are some questions a skeptical new Students asked me, and my answers in red.

From a new student: Most people here who are learning are not only learning the system but fighting with other unseen demons such as :

Is this system a scam? NO. Over 60 5 star reviews on Forex Peace Army and over 500 positive feedbacks on ebay should prove that. You don't get that by being a scam. People are too smart.

Does it really work in real life? It works if you, the student, are willing to do the work necessary to make it work. That means constantly trying to improve your trading skills and your mental/emotional skills. It means being persistent and not giving up easily.

If the system is so good then why does Jon still waste time teaching us when he should be a millionaire retired in the Bahamas by now? I have mentioned many times that I did not like all the rip offs out there and I wanted to be an honest one. I get a great sense of satisfaction, at my stage of life, giving back to the community. This is my way of doing that. Besides, laying on the beach all day bores me.

Why does it look like that Jon is merely interpreting charts at the end of the day instead of trading it live like us?

It would be nice to be able to do that. Would save me a lot of time. However I trade from 7:00 am till noon, five hours. I trade live, and I love it. A student SHOULD NOT be trading live while mentoring. Students need to master the system first. Worrying about winning or losing money makes you break rules.

Why do people sell systems/training/strategies at all if they are so good?

Any experienced trader knows that you can give the exact proven, winning trading system to 10 different people and get 10 different results. Some make millions and some make nothing.


Email from the same student a month later:
Jon,
The emotions of a newbie trader like myself fluctuate with more volatility than the price of the EUD/USD at news time. It can range from euphoric where I feel like I've come accross some sort of Holy Grail that will unlock powers of wealth reserved only for movie stars and footballers to deep sceptism where I feel like I have been hoodwinked and that I have wasted time and effort in this fruitless journey into Forexland.

It is during the latter emotion that the demons begin to play and the newbie trader looks for flaws that simply aren't there. This thread is one of them in my humble opinion. When a trade goes wrong it is very easy to point fingers at the teacher - "he doesn't trade the system himself" or "it's easy for him to say because he isn't sat in front of the machine all day", etc, etc.

However upon analysis of this, if the students (myself included) look at the paranoid thoughts with some logic then two things become apparent:

Firstly, Jon has been mentoring students daily for a good while now and still he has recieved great reviews prior to the latest class of which I am a part. For us students to presume that we are the first to 'expose' some flaw in his teaching/system after only weeks of trading is both arrogant and defeatist. I, for one, approached an ex-student who now makes a living from this system and he trades live with no complaints.

Secondly, even if you were to listen to your paranoia for a second and assume that this is the case. The futility of this argument becomes apparent when you trade live yourself. I know a large group of students currently who are aiming for 20 pips daily. That's 100 pips a week. Even if some of the trades are dubious or you disagree with them, there are some trades that even I have seen this week (demo trading live in front of my PC) that got me at least 100 pips by now and it isn't even friday yet. Regardless of the fact that some trades are only apparent at the end of day and not in front of the machine, there are others that just scream out to you - that's the beauty of this system. I think the students (me included) are best advised to save their energies trying to 'break' this system and instead focus on becoming a success like Jon and other graduates of the past that have gone on to make a living out of this.
Take care and good trading everyone.

So be positive about this journey and give it 100%. Looking forward to working with you.