Originally Posted by Bob21 View Post
Originally Posted by MDawg View Post
There are certain things that may be taught, and certain things that may not.

For example in stock trading, I can teach you charts and analysis, and I can point you towards the stocks that tend to go up over time no matter what, but I can't teach you instinct. Over time, the stock traders who make money have it, and those who don't, lose money. And pretty much all you may point to as proof of whether you have it or not, is track record.

But the percentage of stock traders who do make money tend to stay in that percentage of successful ones, and the losers tend to stay in that bracket, so it's not just about luck.
MDawg, your leasons on the stock market and your trading practices are pretty good. And the really good thing is it doesn’t cost anything to learn them from you, since you’re giving us this information free in your posts.

My issue is more with people who are making money off the gullible and naïve, telling them there are riches to be made in casinos through learning some system or in the stock market through some stock or option trading strategy. These people usually make more money off teaching their system, then they ever did from using it themselves.
Thank you.

Well you know what they say about those who can't do, teach, and this guy Mitchell is probably an example of that.

A lot of businesses are like that though, where it's more about filling the coffers of the top dog than making money for any of the followers. For example...MLM. Some get away with it (Herbalife, Amway) and some get busted (Equinox International...a Vegas resident, no?).
https://lasvegassun.com/news/2000/au...-tied-to-vega/