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

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

all stupid sifu i know only make money from basic class

Because stock market sifus are not earning money from stock market.
They earn money from gullible people signing up for classes.

lol. if he can make so much money trading why would he waste his time on these classes. hahahhaa

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

Not all trading teachers are scam. If oren kito, most likely though. Especially those with glamour dato title.

We have to find the truth ourselves. Find the middle ways, the balance.

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

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

Do you find many local content in YT?

Is it comprehensive enough?

Yes from the noobies.

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?

The participants of such courses are the product, not the course that these sifu teach.
Think about it

"If you are good at something, never do it for free." - pak man lemang.

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.

At least charge less, or do public service knowledge sharing once in a while..

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

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.

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.

Exactly my concern my friend..

Help people by charging them. Hahaha. There's a singapore youtuber i think he's name is rishiki exposing all these gurus. He kena LOD and started a gofundme page to hire lawyer to fight the case. Alot of people actually donated.

We should really do this here in Malaysia

My guru is YT and forum.

And it is free.

Thats what alot of poor ppl dont understand.

Once u have made so much money from stock market, it reaches a point where its gets boring.

So they need to challenge themselves to go to the next level. And that is why they start giving training. It makes them famous and they get satisfaction.

Thats why the rich are rich. Keep challenging themselves. The poor are poor because they are scared to take risk and unable to leave their comfort zones.

If anyone just wants to learn, lowyat already got a Stock section that people can start with. Can go over to learn, then tab back into /k to troll.

next level ? giving training consider challenging ?

If you notice, since MCO there has been numerous "guru's" popping up. Majority just analyse the chart and provide buy/sell recommendation but the part which irritates me the most is when the stock price doesn't follow their recommendations. Then another excuse will come

Trading is only take few min to an hr for a day. The rest of the day is free.

So they look for other opportunity to earn more.

What you see in YT to give advise and educate is an example to earn.

It is more like a rojak learn. And not complete the dot. But good at get advise and information.

FFS most of them are remisier, how to earn commission if not held the class and register under them

lol. i can tell you if you are a full time trader it doesnt take a few "minutes".

Some people feel tak mahal tak bagus.

I never paid a single cent for learning how to invest (except for buying books, which have way more knowledge and are cheaper), that’s why I believe a fool and his money will soon be parted.

If someone found a way to make money, they will spend most of their time to make money.
If someone found a way to make money, and is telling the whole world how to make said money, you are their way of making money.

If guru can make u rich.... Everyone would be rich by now.

Most time I just find gurus becoming like influencers posting big house and expensive cars that do not belong to them.

If he’s really that good and can predict the future why bother with all these classes.

My experience

Do not be selfish.

When you learn enough and success, learn to give back to society.

Then give back by having free classes. That is giving back.
Charging 7k for classes is not giving back, it is a money making scheme.

They are sharks, enough said..

I have a friend who met this guy by chance during a fishing trip became good friends and taught him the in's and out's of trading. He quit his job and doing full time trading. Very successful. But he on the other hand is not willing to pass on the knowledge.

Teach ppl complaint.... charge so high....

Don't teach.... ppl complaint no teacher.

Never ending of complaints....

When u manage to train normal traders into traders that make millions, it gives u a certain satisfaction.

And ppl will start mentioning ur name. In the end u bcome famous.

For them this training fees is just pocket change. They are bored of making money. they want fame & satisfaction

I looked at prices for classes. You can find them in tiers

Around 1k for beginners
3k for intermediates
5k for experienced
And so on

I think the price charged at each tier is fair as you can recover back the cost of the class in less than a week.

For a class of 7k, I doubt those who have less than 100k in their stock account are attending. This is for those who have money to invest in learning. They can go all in into a stock and recover several times the cost of the class.

Also when you go to these classes, assume that you are paying a fee to enter their community. The best classes have a telegram support group that goes on after the class is over and the instructor or their team gives tips and lessons on which counter to consider and why.


Tldr: stock price classes are priced fairly for the group they want to attract.

Yup, this is also an issue. We should actually find a middle ground between these two extremes..

This post has been edited by Tongny: Dec 23 2020, 12:12 PM

They should be realistic...

Trading knowledge can make money fast.... sure charge expensive la...

Some ppl study a degree above 100k.... also no guarantee can find job.

I prefer trade for others better...charge when made profits.

no need go class, just open thread in k ask which stock to buy

win rate 50%

ohwai

they go along the lines of

1. if knowledge is given for free, it is not appreciated
2. the knowledge given is priceless, can get back roi, can be use a lifetime

also, if everybody can get be profitable in the market, it is not possible correct? since somebody's gain is somebody's loss

This post has been edited by phas3r: Dec 23 2020, 12:23 PM

true enough, those with 100k to millions to throw in stock market, will not really bother with 1~5k if the knowledge can be used indefinitely

Those attend also got own agenda
Networking

Got opportunity to go to his beginner class.. here is my experience

50% of the talk, promote about how great his advance/next class are.
30% of the talk, his boosting about how great his trade and his apprentice make. Tokok about his achievement.
20% of the talk, talk about basic fundamental.. which basically can be fine easily on website/youtube for free.

so yeah. not worth it. unless you have money to burnnn

Cos those guru are scammers in my view.
Say can make profit but they themselves kenot become billionaires.

Have you spoken to people who attended his Advanced class?

Honestly speaking, do you really think real rich men will conduct a class on how to become rich like them?

DDNK IS rich, just not a billionaire, or in Malaysia's 40 richest list.

Perhaps he just wants to get richer?

True

I have enrolled in many free online classes but drop out of many too.

We often dont commit when it is free

Hi rich ktard, even if you have rm1.2billion to buyback shares, the price is not guaranteed to go up. Need a lot of knowledge

if a man charges you for his secret of making money

you are his source of money

somemore i ajar people how to use defi

no one bats an eye https://forum.lowyat.net/index.php?showtopic=5057251&hl=





This post has been edited by mousqy: Dec 23 2020, 12:44 PM

He who can't do, teach.

Not 100% true. This saying is not infallible.

I will give you an example or analogy.

Johan Cryuff and Zidane had both done great things as players, and taught players, young and old, in their capacity as managers later..They conquered the world whether by doing or teaching...

Do you think that Barca and Real Madrid pay peanuts for their service as trainers and Managers?


Not just these two. We also have Simeone, Guardiola etc as examples..

Do you understand this concept?

This post has been edited by Tongny: Dec 23 2020, 12:57 PM

this



why I feel like this kind of "sudden wealth" won't last long?

There are but I don't listen to them.

I learn more of macroeconomics to see the bigger picture and Learn how to read company annual reports. Then apply it to my investment

Lately I've been learning up on technical analysis as well to understand chart patterns

So far what I've learned is pretty comprehensive

This post has been edited by lopo90: Dec 23 2020, 01:16 PM

can learn trading easily by finding information online, no need to pay these Gurus

Good! Keep up the great work!

mostly I see these fellas who enter these kind of seminar is how to become rich in short time

the so called guru dem smart to see the potentials on how to make endless money on these fellas

same thing like that azizan osman seminar

in b4 melei nak tolong melei to maju

if no tayang big conti car where is the confident?

actually. ppl are willing to pay so much for the tips these gurus share. ppl are not so stupid to pay 10 to 20k for nothing.

THIS



some fellas paid rm7K for the class and expecting sure win method.

Earn 300k, buy 300k car. Who cares about other expenses tied to the car.

Kuda > logic

Football players teach because of ageing body and thus limited them physically. Stock gurus also got this problem? Perhaps they are good at teaching and not trading. Do you want to learn from them then?

I'm just elaborating about the saying, that's all...

https://medium.com/the-innovation/the-those...32R2mZMVxFUQHyQ

(9) Question
https://www.quora.com/Is-there-any-truth-to...ainst-this-idea

As for the issue regarding this topic, I guess finding a middle ground between two extremely polarising opinions is a good start to find the answer to the question..

This post has been edited by Tongny: Dec 23 2020, 04:24 PM

There are all kinds of teachers out there just like any other profession...

I know a brilliant coder & full time trader who creates his own indicators & screener tools... tons of ppl bugging him to teach & share his tools, so he did it for a small fee. No problem in that.

On the other hand.. you have those gurus who charge crazy amount for basic info. Ppl are willing to pay, supply & demand.

This post has been edited by cucumber: Dec 23 2020, 04:31 PM

1. learn basic trade
2. do some trade, win lose ok, at least got some win ok la
3. keep on showing the winning trade, market it kaw2
4. start to create class/subscription
5. money start coming in
6. roll the money to show some wealth (house, car, lifestyle)
7. keep trading to ensure fresh winning trade to show in class/ads/screenshot
8. relax, because more money will come from class/subs
9. repeat

This post has been edited by WinkyJr: Dec 23 2020, 06:03 PM

"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?"

later they ask u back 'do u prefer to burn all that 7k in a trade because u don't have knowledge? or u use that 7k to gain knowledge first in my class and make rm70k after that?'

So, do you agree with the rm7K price tag?

Depends on how much training. For adult training, the rate usually is 1.5k/day at hotel hall..

So if there is content for 5 days, it's fair value.

wow this makcik bcome shark already..that why can buy big car.

blame this makcik if u lose money.. maybe she buy and dump all her stock to u ktard..

that why ktard losing so much money. hehe.

shame ktard lose to makcik learning from datuk with rm10k course..

learn rm7k can win rm70k?

u are funny . who control stock market? fish or shark syndicate?

think just S/R and moving average can easily beat the shark.? LOL.

u see any shark give stock market trading lesson?

only with rogue track record like this datuk can give 100% guarantee profit. LOL..

u also pun kena? my mom also kena.... hahah..

i just open thread. last week.. LOL.

lai lai lai ts ayam normal course is 1788

see u got luck today offer only 988 but must sign up tonight ya

will teach u read candlestick and buy breakout

Wukong course ada? I wanna enroll..

need to know the breakout and fakeout wukong mesin also.

Reasonable