Thanks for that - funny - I have been wondering about that issue for a while now.
Put it this way - there ARE other websites with threads pertaining to his system - and I know that he knows about them. Actually - an 'abridged' 'version' of the entire system is detailed on a brokers' website (although it is an earlier 'version' of the system). I did point this out to his daughter (actually I just wanted to know which 'version' of the system should be used now) and wanted to know if it was sanctioned by them and she did not respond to that part of my email so I'm still not sure but on the other hand I would imagine that they have the money and the clout to have had it removed and have not done so (yet).
The $3000 you refer to is for their home study course which contains DVD's and more documentation etc. etc. and (I think) access to the Profitunity Traders themselves.
Put it this way - the trading system(s) themselves actually form (surprisingly) a small portion of the books. There is much more content relating to the psychology of trading, fractal geometry and its relevance to the market, elliot waves (the first book mainly), and some other indicators used and obviously good 'life' advice. These things you could not possibly convey on a site like this.
On the other hand - there is also an element of 'decency' and 'trust' involved here. In other words - if we started a thread - I would expect that everyone would take $50 or $60 out of the profit on their first couple of trades using this system and buy the latest book - I mean - that's only fair - don't you think? If the truth be told I started with a 'copy' of the 'abridged' version from that brokers' website - and then bought the books (I bought all of them of course - just have that type of personality i.e. nothing in small doses - but - according to his daughter - only the last version or 'Second Edition' is required). In my opinion - although making money is all important - the psychological aspects touched on in the books - as well as the personal advice - are what you are paying for. Put it another way: the system(s) will make money to start with - the discussions on trading psychology and advice will keep you in the market for years to come - and that's where the real money is.
What do you think?
I was thinking of starting like a 'Profitunity (Chaos) Trading System by Bill Williams and Justine Gregory-Williams Day Trading Partners Thread' (trading can be a lonely occupation you know) and anybody interested could share their views and we could follow the trades through together. Just a thought. If anybody shows some interest in this I will contact them beforehand and bounce my idea off of them and see if it's OK.
Regards,
Dale.
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