Trend Trader
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posted on 3-4-2006 at 03:41 PM
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Platinum Pursuits - Daniel Kertcher
Hi
Does anyone have experience with Daniel Kertcher's courses offered through his company Platinum Pursuits?
These courses are on trading US markets and writing covered calls to earn income on shares you presently hold.
I'm trying to find any testimonials (warnings, praise or just opinions) from those who may have had attended any of these courses. Yes, I am
considering doing the 3 Day Course.
Thanks for any opinions / experiences!
Regards,
TT
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Ralph
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posted on 3-4-2006 at 05:44 PM
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It is my understanding that to use this tequnique with stocks you already own you would need a very large portfolio of blu chip stocks $500K.
Instead of paying for some expensive course why not read Louise Bedfords book THE SECRET OF WRITTING OPTIONS its a lot cheaper has the same info I
assume and LOUISE is a local Australian who can easily be contacted.
It seems to me that there is a large industry promoting extremely expensive courses, there main objective is to make things more complicated than they
are so they can get more money from you!!!
K.I.S.S.
Regards Ralph
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Trend Trader
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posted on 3-4-2006 at 06:32 PM
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Hi Ralph
Thanks for your reply! The course is expensive... Early Bird price is $3490
I think you are right in that you would need a large account to enable buying these blue chip companies in the first place.
It seems to me that this strategy has merit but would need a very large and liquid market like the US to succeed. ie Many Blue Chip companies with
low to moderate volatility amenable to achieving consistent income through writing call options against.
Maybe this could be just one part of a larger strategy for gradual wealth building, but as you suggest "It aint rocket science" and probably
doesn't need $$$ fee payable tuition!
I think finding a copy of The Secret of Writing Options as a self imposed cooling off period is not a bad idea. Thanks again! Any other opinions are
very welcome.
TT
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jcne1999
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posted on 3-4-2006 at 07:04 PM
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Hi TT ,
l am in the course of reading Louise Bedford's " Trading Secrets " , but l have not read any other of her books ...
Her style is lucid and thus very easy to understand , so l imagine her book on options will offer the same ...
Just MHO , cheers , jcne1999 ...
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prosserd
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posted on 4-4-2006 at 06:38 AM
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TT,
Early bird pricing - designed to apply psychological pressure to your purchasing decision. It is a big flashing warning sign 
I rate Nick Radge as a good trading educator and wish I'd found him before I spent money on other things
http://www.reefcap.com/
Check out his book Adaptive Analysis for Australian Stocks - $30 and packed with good stuff.
I'm subscribed to The Chartist which is an educational service of his that I also rate highly.
He does a lot of Elliott Wave analysis which i'm not entirely sold on yet but some of his analysis on raw price/volume action is very interesting.
Check out the example - he analyses approx 4 to 8 stocks a day
http://www.projectstreamer.com/users/reefcap/GTP_Daily/GTP_Daily.html
Dan.
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rabrad
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posted on 4-4-2006 at 02:41 PM
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TT,
I agree with Dan and as Nick is one of the few trader/educators that is licensed he can suggest and discus live trades and trade setups, that is the
ones on the right of the chart.
I also subscribe to Nick's "The Chartist" in which he applies unbiased TA short and long term to a variety of trading methods like micro pattern
trading, using Elliott wave to define trend, volume analysis and a model portfolio based on out of favour stocks returning into favour.
Nick has cleverly designed an educational service that meets a variety of needs, other inclusions are video streaming analysis of daily charts,
weekend edition on long term stock analysis, monthly supplements on varied trading and psychological topics, access to the reefcap private and public
bulletin board which has a lot a good contributors, all this for $55 per month and there is no advertising or infocommercials from 3rd parties as is
now appearing on other newsletters.
So if you are like myself and prefer the drip feed learning approach and want to look over the shoulder of an experienced professional trader whilst
trading live I suggest you try the "The Chartist" for a month.
Cheers
Glenn
This is only my opinion and not advice or a recommendation.
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Trend Trader
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posted on 11-4-2006 at 04:45 AM
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Thanks for all of your suggestions!
So much sound advice and all using affordable and sensible ideas!
I have taken a look at Nick Radge's website and it looks like it really would be a great real time drip feed helping to take your trading to the next
level as you say rabrad.
I spent the weekend at the Traders Congress in Sydney a couple of weeks ago and now feel a bit like a kid just set free in dad's candy store. I think
I have too many new trading alternatives / ideas to consider at once.
I need to review these again before choosing the best match for where I believe my trading performance to be at present with what appears to be the
next logical step. Sounds like it should be easy or at least a pretty obvious choice but it isn't for me. Its information overload all over
again!!
I'll keep working on it.
Thanks again for your suggestions!
TT
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Ralph
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posted on 11-4-2006 at 01:31 PM
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You can be like a kid in a candy shop and spend all your money on differant courses a lot of which are only designed to put money in the sellers
pocket or you can settle for simple high probability tactics like the ones Daryl uses, seems to me Daryl just loves to trade and also loves to help
people.
His Material is sensibly priced and it works!!!!!
Just a little suggestion from an Old Grandpa who has spent too much money chasing the HOLY GRAIL!!!!!
Regards Ralph
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Trend Trader
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posted on 11-4-2006 at 05:20 PM
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Hi Ralph
Thanks for your post.
Yes, I strongly agree with your sentiments about Daryl's 5 star contribution thru so many diverse means. His ongoing contribution seems to have
grown in tandem with his successes as both trader / educator. I have been a subscriber to his TIATA newsletter for a while now and am an avid reader
of anything new where I find his name appears!
I am starting to take an interest in learning about new and different markets, products and trading perspectives. An open and enquiring mind not
throwing the baby out with the bathwater.
It seems that I have encountered a smorgasboard of new ideas all at once packaged by spruikers of every flavour. While trying to keep a sense of
perspective and a healthy degree of scepticism towards marketers, these people are very clever at presenting their ideas as being one and the same
with the marketplace they trade or by selling their idea as the one and only world beating new product needed as an entry point to a specific
marketplace. No question. they gear themselves to hunt down those around the market who are new or uninformed about whatever it is they are
selling.
Yet again it highlights the essential service that forums such as this offer, where ideas and experiences are freely exchanged. A place where mutual
benefits are there for the taking for any wishing to contribute through both Q or A
You cannot buy this kind of support !
Again I thank all that offered opinions!
TT
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jcne1999
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posted on 11-4-2006 at 05:48 PM
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Hi TT ...
One of the most difficult appraisals one has to make as a beginner , is the appraisal of one's own limitations as to capital available for the market
, from this point the choice [s] to be made from all of the tasty morsels available at the smorgesbord becomes more self-evident ... Some exotic
methods / approaches require deeper pockets than might be evident at first sight ... Beware ...
Take care , jcne1999 ...
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Orange3
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posted on 30-4-2006 at 05:30 PM
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Reading a chart is the most helpful advice I can give to anyone whether it be a beginner, or intermediate investor.
A good chart for a buy has a 20 day moving average rising above a 40 day moving average. It is a smooth rise, not choppy. Is the the price between
$20 and $65. and is the stock liquid with an average of 500,000 shares traded daily. The time frame to start with is the weekly. Next look at the
daily price action and finally the 15 minute moving average. Finally trade when the price is near the 20 day moving average and sell when the price is
extended away from the 20 day moving average. Use Resistance and support to guide your decisions. Use a stop which limits your losses to a minimum
loss of less then .005 of your capital. Have a plan and rules and follow them. Try to get 3:1 on your gains so your losses will not defeat you. Don't
over trade, have cash available and seek opportunities. Check out what sectors are hot that day. Lastly learn from your mistakes and stay confident.
Good Luck!
Arnold Towle
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dave1971
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posted on 12-2-2008 at 04:52 PM
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Daniel Kertcher
| Quote: | Originally posted by Trend Trader
Hi
Does anyone have experience with Daniel Kertcher's courses offered through his company Platinum Pursuits?
These courses are on trading US markets and writing covered calls to earn income on shares you presently hold.
I'm trying to find any testimonials (warnings, praise or just opinions) from those who may have had attended any of these courses. Yes, I am
considering doing the 3 Day Course.
Thanks for any opinions / experiences!
Regards,
TT |
Hi TT,
I have had many dealing with Daniel Kertcher, and I must say he is probably one of the best experiences I have had when it comes to dealing with any
guy in this type of industry. Here’s why:
His business has a first class seminar & homestudy. I was blown away with the whole thing. He really goes into a lot of detail when it comes to
the stock market. I am not going to go into detail because this is not a sales letter. I am just really cheesed off to what is written about him by
some of the guys who you find after typing Daniel Kertcher into Google. These guys clearly have had stuff all to do with Daniel Kertcher and from
what I can make out, they have their own agenda to push.
Take Neill Jenman, as far as I can see he gets publicity from putting everone down, in fact he cans people so he is seen as a good guy. I bet his
business does not give 1 tenth of the support that Daniel Kertcher’s does. So when you read someone slagging off another guy, just be wary what their
agenda is.
So to wrap it up Daniel Kertcher is a genuine guy and his trading diary results speak for themselves.
Dave
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DarylGuppy
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posted on 13-2-2008 at 01:56 PM
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The Consumer organsiation of New Zealand has an alternative and independent view.
http://www.consumer.org.nz/newsitem.asp?category=News&docid=1610&topic=Daniel%20Kertcher%20options%20trading
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istevo
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posted on 8-3-2008 at 04:20 AM
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I went to one of his introductary presentations several years ago. People couldn't get their credit cards out quick enough when he mentioned the huge
discount for those who signed up on the night. That's a bit fishy , why dosn't he wait and get full payment a week or so later............maybe
people change their mind so he misses out.
He was going to donate a percentage of his profits to some charity and we were given a web site to check to see how the donations were rolling in. The
web site was there but no donations.
seemed a bit dodgy to me
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Option Trader
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posted on 4-2-2009 at 11:16 PM
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I've been a Platinum Pursuits member for around 2 years now. I've made money and lost money in the market using Daniel's strategies.
I ask any of you to raise your hand and tell us all that you really think there is someone out there in the world that has a fool proof money making
ability in he stock market....
It obvious those that have posted the above negative comments are those kinds of people.
I'm a happy member of Platinum Pursuits and have gained all my education on trading from them. Yeah I've lost money but I've made more than I've
lost. That's the nature of the stock market.
YOU ARE ALWAYS GOING TO LOSE MONEY IN THE MARKET. It's how you bounce back from your losses that make you a better trader.
Option Trader
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Investopia
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Mood: In awe of the enormous hole the market is digging itself
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posted on 2-3-2009 at 04:40 AM
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Question: Does anyone have experience with Daniel Kertcher's courses offered through his company Platinum Pursuits?
Answer: Daniel Kertcher taught me how to make over $50,000 aussie since October 2008 after I went along to his forex course. Great course and I've
now diversified lot of my portfolio to trading forex. Really interesting course which now allows me to understand currencies rather than watching all
my shares lose value.
Comment: There are heaps of people out there that can claim to increase your wealth. I know. I've been to at least 20 of them and bought 10 spending
at least $100,000 on courses in property development to owning a franchise over 2 years. I've spent a heap of my inheritance trying to learn how to
invest it the best. Daniel is a great guy and I've learned the most from him and his courses. I've been to 2 of his courses through his company
Platinum Pursuits and they're the only company that have made true on their word that they support you after you've given them your credit card
details.
Investopia
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George Borse
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posted on 10-3-2009 at 04:02 AM
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| Quote: | Originally posted by dave1971
| Quote: | Originally posted by Trend Trader
Hi
Does anyone have experience with Daniel Kertcher's courses offered through his company Platinum Pursuits?
These courses are on trading US markets and writing covered calls to earn income on shares you presently hold.
I'm trying to find any testimonials (warnings, praise or just opinions) from those who may have had attended any of these courses. Yes, I am
considering doing the 3 Day Course.
Thanks for any opinions / experiences!
Regards,
TT |
Hi TT,
I have had many dealing with Daniel Kertcher, and I must say he is probably one of the best experiences I have had when it comes to dealing with any
guy in this type of industry. Here’s why:
His business has a first class seminar & homestudy. I was blown away with the whole thing. He really goes into a lot of detail when it comes to
the stock market. I am not going to go into detail because this is not a sales letter. I am just really cheesed off to what is written about him by
some of the guys who you find after typing Daniel Kertcher into Google. These guys clearly have had stuff all to do with Daniel Kertcher and from
what I can make out, they have their own agenda to push.
Take Neill Jenman, as far as I can see he gets publicity from putting everone down, in fact he cans people so he is seen as a good guy. I bet his
business does not give 1 tenth of the support that Daniel Kertcher’s does. So when you read someone slagging off another guy, just be wary what their
agenda is.
So to wrap it up Daniel Kertcher is a genuine guy and his trading diary results speak for themselves.
Dave |
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George Borse
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Posts: 3
Registered: 10-3-2009
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posted on 10-3-2009 at 04:25 AM
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| Quote: | Originally posted by Option Trader
I've been a Platinum Pursuits member for around 2 years now. I've made money and lost money in the market using Daniel's strategies.
I ask any of you to raise your hand and tell us all that you really think there is someone out there in the world that has a fool proof money making
ability in he stock market....
It obvious those that have posted the above negative comments are those kinds of people.
I'm a happy member of Platinum Pursuits and have gained all my education on trading from them. Yeah I've lost money but I've made more than I've
lost. That's the nature of the stock market.
YOU ARE ALWAYS GOING TO LOSE MONEY IN THE MARKET. It's how you bounce back from your losses that make you a better trader. |
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George Borse
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Posts: 3
Registered: 10-3-2009
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posted on 10-3-2009 at 04:47 AM
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| Quote: | Originally posted by istevo
I went to one of his introductary presentations several years ago. People couldn't get their credit cards out quick enough when he mentioned the huge
discount for those who signed up on the night. That's a bit fishy , why dosn't he wait and get full payment a week or so later............maybe
people change their mind so he misses out.
He was going to donate a percentage of his profits to some charity and we were given a web site to check to see how the donations were rolling in. The
web site was there but no donations.
seemed a bit dodgy to me |
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Investopia
Junior Member
Posts: 10
Registered: 2-3-2009
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Mood: In awe of the enormous hole the market is digging itself
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posted on 10-3-2009 at 11:04 PM
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Hi George,
It seems your comments are quite emotional and I understand as you've posted how much money you've lost. Anything to do with money has emotions
attached to it. If you win, you're happy and when you lose you're not. Its the basics of life.
It's not how many times you get knocked down, it's how many times you can get back up that make up who you are. I can't remember the exact quote I
heard once but it went something like that.
The market is volatile and should be approached with caution. Anyone who's anyone will tell you that.
Blaming someone for losing your money is a sign you may not have approached your trading with caution. I'm sure it wasn't Daniel himself who placed
your losing trades.
Take note of the above quote George. Try and pick yourself up again. Where does blaming someone get you?
Think of all those people who have lost everything through managed funds where someone else WAS pressing the buttons for them. Look at our super
funds, they're also down with someone else pushing the buttons.
Am I a "DK positive comment man"?
I'm a realist and give credit where credit is due.
Investopia
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stocktrader
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posted on 19-3-2009 at 02:22 AM
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Platinum Pursuits and Daniel Kertcher - a personal experience
A friend and I have done his courses few years back and lost close to $100,000 dollars in less than 6 months by following his Option trading and
Covered Calls Writing strategies.
For anyone out there, expecially the newbies, please, please be careful dealing with any company that promises to teach you how to make money in the
stockmarket, for an upfront fee. There are many others like Platinum Pursuits that do this. These companies will cross market their spruikers at
various seminars.
My advice to anyone wanting to learn to trade the stockmarket is to read a handful of books by reputable authors. Don't give your money to the
spruiker. Have a read of Stan Weinstein's Secrets for Profiting in Bull & Bear Markets instead.
And if you've done a Platinum Pursuits course or any other and you're not profitable, DEMAND YOUR MONEY BACK.
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