I have been following a few of the facebook stock trading gurus like dato dr nazri khan, asri academy, master yus, marubozu trader etc. Generally they use technical analysis and charting. They seem to have large attendees at their courses and DDNK is now employed with Philip Capital. They regularly post or talk about trading profits.

Some things don't add up for me:
1) They seem to put a lot of effort in marketing: flashy videos, frequent post updatest, videos of going to exotic places
2) Claims of having a system that works, making daily profits of several percentage points. Based on what I have read it is really hard to make consistent profits in stock markets. What more some of these guys claim to trade on american stock exchange which is really competitive. Charting has been around forever and is nothing new.

Has anyone had experience attending these type of courses? How much does it cost? Is it valuable and does it work? Any other thoughts?

Logic tells me they make money from giving seminars rather than trading, but I want to find out whether I'm wrong.

Sup bro,

I have not been to their seminars before so I can't verify this with you. However, when you hear people throwing claims of making profits with no prove.

Then maybe it's a good idea to skip it. However this is based on my opinion as I don't know Nazri myself.

Yes they are making more money from seminar. If you want to follow, follow those who do live seminar with live trading.

Yes. Most trade US market as US market have ample liquidity.

trading/investment is actually boring game, if they show you how exciting their live is, it's not likely their true style, it's just to hype you up to sign up.

1) Well what else could one expect anyway? The whole thing on marketing is you want to sell yourself so they can earn sweet bucks out of people like you.

2) It is difficult to make daily profits but not impossible either. Also, it is possible to pull this off on the US markets as most of the trading volume are performed by HFTs which in one way or another, promote liquidity on their markets. Most of their trading strategies are almost the same considering they set programs to exit or enter the market.

Never have attended those courses, cause I reckon even for people like me do not need them. But I also do think that is how they make off money from average Joes. Do not get me wrong, there are others that are willing to help one another, you just have to keep scouting until you find the right person.

Interesting you mention it's possible to make daily profits from US markets. There aren't just HFTs but many fund managers, home based traders, small trading shops that can easily code their strategies using widely available trading APIs. Would have thought opportunities for profit is small.

Do you know any small time trader that is successful in the US market?

This post has been edited by dakr: Jan 19 2019, 12:19 PM

Trading in US incur capital gain tax. Not sure if capital gain tax from US is applicable to Malaysians who does trading.

You could search it up on Youtube. Ricky Gutierrez and Meir Barak is one example.

Not sure if these guys are any different to the ones I mentioned above

https://www.quora.com/What-do-traders-think-of-Meir-Barak

Attended one of the seminar on trading. indeed the way they do their Marketing is really impresaive. However they charge near to 5figure fees for 3days boot camp is not cheap. Not sure if the lesson learn really benefit me? Any one from LYN attended before?

I don't know any of them but I'm skeptical of their profits. Nobody will want to disclose their losses. I'm sure they made losses too. If you are really good at investing, you won't want to disclose your tips. With that being said, all these are likely to scam your money.

Thanks. Very useful insight for the rest of us. Do you mind sharing what was covered during the seminar and who was the trainer?

Correct, no one in their sane mind will disclose their secret or tip publicly or kind enough to teach others. They will just keep to themselves.

If they are so successful, they won't be there at the seminar but instead using the time for party or enjoying life.

Put it this way, if they are as good as they claim to be, they would be billionaires by now. Why do you think they would want to be huddled with you in small classroom charging you thousands of ringgit in fees? Doesn't add up in anyway no?

In the 4h briefing, the will talk about
i. the money that we save will depreciate over time
ii. The earning frm our day job is not enough to cover expenses due to kids, expenses,house n car loan, bla bla bla
iii. its stressful when one day we loat our job......
I would say the first part of their briefing will make us panic and feel uncomfortable.
That why investing n trading come into the picture.

the startegy that they use is they will shortlisted some 15 growth atock based on their research and will teach us to use the chart on when the time to enter...of couse they wont share the stock and explain we need to enter the market at low point.
then auto set to sell if theres 4% profit and auto sell if drop 2%
lets say they make 4trade per month with prediction of 50% is right, we still make profit of 4% per month...and its 48% profit per annum!!

Sound easy?

Ya, if life is so easy...

No one can consistent make profit from trade everytime and every month.

So if there is no fixed income, how to pay for monthly expenses, car and house loan?
Tell bank, hey this month, market no good, can't make a profit trade, so can postpone the loan payment?

Sell profit at 4%?
One will lose out big on some good stock in the long term.

How can assure cut loss at 2%?
What if the stock plunged immediately like 20$% right after market open? You have no chance to cut loss at 2%, but at 20%.
Typically like GenM recently or TM or many more.
You need 5 x 4% trade to breakeven ,<--- breakeven only, no money to pay for expenses yet.

Trade excessively can be more stressful than daily job, as market a lot of time, doesn't behave as we like.

This post has been edited by cherroy: Jan 25 2019, 02:01 PM

Not really...Stock investment based on fundamental need time to compounds, and it can takes long time to see result. Only jackpot win from gambling will get you a windfall. 99% of Warren Buffet's wealth is earned after he is 50 year old.

i plan to join dr nazri khan seminar 23 feb in kota bharu.. will let u guys know my input. i register for rm97 (front seat)

Any updates??

Most people have no idea and dont know how.
This seminar they are conductiong are money making machine. IF you ask them for their trade record mostly wont tell you. so dont waste your time attending those stupid workshop but for rm 97 what do you got to lose (TIME is our greatest asset that many people dont view it that as an asset) Real successful trader dont Teach try ask George soro. paul tudor michael marcus or maybe warren buffet. this is secret and it will be secret.

INVESTING or TRADING is gambling all in different terms. Warren buffet make mistake here and there but that doesnt hurt his portfolio. eg TESCO and kraft & Heinz.