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 Why do stock market Sifu charge exorbitantly? DDNK, 4 their Advanced, comprehensive classes

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TSTongny
post Dec 23 2020, 10:58 AM, updated 5y ago

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Take Dato Dr Nazri Khan (DDNK) "tak hensem takpe janji kaya" for example. Is it possible that he eats enormously both ways, that is through charging shark prices for his classes and through trading? Perhaps he earns more through conducting classes compared to through trading on his own?

In this thread I propose that we discuss DDNK as a case study. From the data that I gather from the trading community, he is actually a real deal and genuine. He is a mentor and well-respected figure within their community, with many students, ex-students, followers and alumni.

It's just...

Why should people who have "made" it in life become more greedy? Khidmat masyarakat is never found in their dictionary?

For the non-initiated, his comprehensive classes are easily charged around rm7K+++, or even more. We could use those capital to trade right away right?

I guess the best way to navigate this is try your best to find stock market, fcpo or forex "experts" out there who charge the cheapest or less among the trading community, and learn to trade through reading books, Internet and try-and-error.

What was your guys' experience?

This post has been edited by Tongny: Dec 23 2020, 03:23 PM
BS8110
post Dec 23 2020, 11:00 AM

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Coz he makes more money by doing classes compared to trading. That’s the plan.


SiewLee30
post Dec 23 2020, 11:01 AM

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all stupid sifu i know only make money from basic class
statikinetic
post Dec 23 2020, 11:01 AM

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Because stock market sifus are not earning money from stock market.
They earn money from gullible people signing up for classes.
reanimation_84
post Dec 23 2020, 11:02 AM

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lol. if he can make so much money trading why would he waste his time on these classes. hahahhaa
TOMEI-R
post Dec 23 2020, 11:02 AM

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If he is really so good in trading, he would already be earning so much that he wouldn't bother giving you lessons. Have you seen business moguls share their trade secrets?




#Life lessons.

This post has been edited by TOMEI-R: Dec 23 2020, 01:22 PM
SUSNB01
post Dec 23 2020, 11:04 AM

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Not all trading teachers are scam. If oren kito, most likely though. Especially those with glamour dato title.
TSTongny
post Dec 23 2020, 11:08 AM

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QUOTE(NB01 @ Dec 23 2020, 11:04 AM)
Not all trading teachers are scam. If oren kito, most likely though. Especially those with glamour dato title.
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We have to find the truth ourselves. Find the middle ways, the balance.

lopo90
post Dec 23 2020, 11:08 AM

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Anyone can learn trading for free.

YouTube kan ada.

It's up to the individual willingness to have the drive to learn

Don't be a sohai wait for others to spoon feed you
godhand
post Dec 23 2020, 11:09 AM

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IF ur good at what u do u don need to make courses. do u see warren buffet make investing classes? they have no time for this shlt
TSTongny
post Dec 23 2020, 11:10 AM

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QUOTE(lopo90 @ Dec 23 2020, 11:08 AM)
Anyone can learn trading for free.

YouTube kan ada.

It's up to the individual willingness to have the drive to learn

Don't be a sohai wait for others to spoon feed you
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Do you find many local content in YT?

Is it comprehensive enough?
waghyu
post Dec 23 2020, 11:11 AM

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QUOTE(statikinetic @ Dec 23 2020, 11:01 AM)
Because stock market sifus are not earning money from stock market.
They earn money from gullible people signing up for classes.
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Yes from the noobies.
ray123
post Dec 23 2020, 11:11 AM

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QUOTE(reanimation_84 @ Dec 23 2020, 11:02 AM)
lol. if he can make so much money trading why would he waste his time on these classes. hahahhaa
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lol, the most common excuse they would give is that they want to farm karma, ie "I'm already rich and have everything I want, now I just want to help other people."

Why not do philanthropy then?
k_yagami
post Dec 23 2020, 11:12 AM

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The participants of such courses are the product, not the course that these sifu teach.
Think about it
viole
post Dec 23 2020, 11:12 AM

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"If you are good at something, never do it for free." - pak man lemang.
andrekua2
post Dec 23 2020, 11:12 AM

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Because once bitten twice shy... You kena satu kali, you wont return liao...

So you're paying for his/her tutor plus the cost to tiao him/her after thr course ended.
TSTongny
post Dec 23 2020, 11:14 AM

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QUOTE(ray123 @ Dec 23 2020, 11:11 AM)
lol, the most common excuse they would give is that they want to farm karma, ie "I'm already rich and have everything I want, now I just want to help other people."

Why not do philanthropy then?
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At least charge less, or do public service knowledge sharing once in a while..
knumskul
post Dec 23 2020, 11:19 AM

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QUOTE(ray123 @ Dec 23 2020, 11:11 AM)
lol, the most common excuse they would give is that they want to farm karma, ie "I'm already rich and have everything I want, now I just want to help other people."

Why not do philanthropy then?
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If they genuinely want to farm karma, they should charge very minimal. Like just enough to cover costs like rental of classroom etc.

But many ppl still fall for their "farm karma" trap, when actually farm bodo punya money laugh.gif
mydurian
post Dec 23 2020, 11:19 AM

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If you know the way to make money, keep it to yourself.
If you realize the way to make money is not much, share it with others (make everyone think you have a gold mine) and charge these pppl,
Then you will get more money than your original way.
prody
post Dec 23 2020, 11:25 AM

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It is believed that 70-95% of all people trading lose money.

I would estimate this would go up to 90-95% for people taking these classes, since:
1 They believe there is a shortcut way to earn money in the stock market,
2 They already start negative since they need to pay money for these classes.

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