Hi Everyone, I wanted to post this in the old Den hoping to find old friends but it's closed to posting? So here's what I put in the private Den, I'm sure they'll kick me out next LOL
It's time for me to say "Good Bye" to all of you and close this chapter in my life... But before I do, I need to share my feelings and experiences with you (my cleansing), yes, it's all of you that I'm afraid for.... Long read but worth it?
You can take this the way you want to and bash me or whatever, I really don't care anymore. I did care, I cared a lot and fell for everything, hook-line and sinker and sunk I did!
I have a very dear friend that found the Den and was infectious in her findings of FLD's and what they could do to help so many. She was so addicted that she became addicting to the point where I spent six weeks reading IHub till I knew everything I thought I wanted to know and bought CDIV. I started with 40,000 shares at .20 cents a share and ended with well over 115,000 costing approx. .35 average and then went to put my kids and brothers money into it. This was not out of greed, it was hope for a better future, mine, my children and family. I got sucked into the whole family thing with the Den. When I showed up at the Indy Monkinar, I got sucked in even more. It was like I was at a reunion and knew these people all my life! I learned how to set up stock charts and read a chart to buy and sell the ETFs FAS/FAZ. We also spent an entire afternoon going over people's HOPE stocks. I didn't know what a HOPE stock was till a couple months ago when I realized I was holding the biggest one of all! I sold all of my CDIV in the Zecco account at .015. The CDIV I'm holding for my kids, brother and the rest are in TradeKing accounts and I can't sell them because they charge a penny a share to buy and sell on top of the 4.95 commission. There are around 30,000 shares left that are worthless (their cost an average of .38-44 a share), If I sell them, it will cost me! Anyway, back to Monkinar point. I came home from Indy and paper traded and did quite well on paper. Decided to go live with $7,000 to find out that you can't trade with that amount so I put all I had in and lost too much! Probably more than $17,000. I get to Pittsburgh to attend the advanced class to have everything I learned in the basic class taken away from me (they're back on the five again). YIKES, I was doing good on paper with the five minute chart and now I only have the one minute chart but that's okay, I'm going to give this a go. You see the charts, you see the money you can make, it's there... NOT for Monkinar students! I put $40,000 in the account and am losing and losing and losing. Crazy! What am I doing wrong? I made incredible friends and we're all trying to do this together and I WAS THE PERFECT STUDENT, I didn't know any other way than to follow the rules (the rules that didn't work) I never traded before so that was all I knew. Every time I waited on my signal, confirmation and continuity, I bought and the trade went south, BIGLY! Happened to my friends as well so... We call out for help, actually it was me who called out for help. No one could help... Jason, tried but all his money was tied up in FLD's and he wasn't trading live, no one was successfully trading live! Think my common sense would have kicked in? NOPE! I finally get Mel on the phone after losing even more money... of course she's all rattled by everyone freaking out about the FLD's and I tell her what I and several others are going through day trading the ETFs and that it's not working and the only person trading FAS/FAZ is Monk and I need him to tell me what we're doing wrong. Could six people or more, trading live, be making the same mistakes? We missed something in the classes? Maybe they forgot to tell us something? Monk was the teacher... Well, I was told that would "NEVER" happen... It broke my heart, I was stunned. Funny, now that I think about it, Mel is in control because when I send PM's to Monk, it's Mel's writing that replies. Being the person that I am, I keep my mouth shut and get help from Cowboy... He was successful, very successful trading FAS/FAZ but not with the rules taught at Monkinars, he's been trading for 30+ years and has his own settings and ways that work. The settings Monk used in early Monkinars are in your typical trading books. Now I'm trading where I'm not losing with Cowboys help but I need experience and the volume goes to summer dry up so I gave up. Cowboy and I became very good friends, he's a great, generous and wonderful person that did NOT do what so many of you accused him of, he drives the price of stock up when he gets out. I know how to do that now too (thank you Cowboy). It's also a known fact now, I have on VERY good authority, that Monk didn't trade the ETFs successfully, he wasn't trading them at all! No one has seen Monk trade live till fairly recently! No wonder help would never come. They could now be doing it better but you know what? They are using Cowboy's settings and have changed things around so much that it makes me dizzy and I'm dizzy enough! I'm just telling you to be careful and know what you're doing before you jump in with money, especially if you can't afford to lose it. Ever notice when anyone is in a play, they're in long before you know about it and if you're watching level 2, you'll never see their buys. 100% BS Again, this is just my observation...
The saddest part of all of this is that there were hundreds of really good, honest people that believed in it all, the family, the FLD theory, making money in the market. Good people and we were all left behind for Monk's next money making endeavor. Now there are all of you (not really many left at all) but... I don't see in all of you what the older, now gone group were... Kind and caring people. There are a couple of the older group holding on to HOPE from the past and newbs that are a different lot all together... Fill in the blanks!
When good traders were in the new Den (private one), they were bashed after giving asked for opinions. When questions were asked concerning this or that, they were argued with or put off... Why ask for it if you don't want to hear what they have to say? Is that what you want to be a part of? 1Zach4, JetPilot and others trying to help giving advice, keeping us up on what the market was doing, offering swing plays to choose from to help rebuild accounts and they get the boot and bashed. I was learning from them, I'm sure others were too! Your loyalties should be to yourself and your own wallet, not some phony! Sad that you're all paying $25 a month and an extra $10 or $15 per day for chat, for what? To say Hi and listen in on plays that aren't being made live... I only paid for the first two months of the new private Den, didn't think it was worth it at all but I've been gifted a subscription and kept up on the reading in hopes to learn something, that good calls would be made to help recoup, teachings shared that we could learn from but I'm tired of wasting my time with it all. When chat was free, the old group were playing the opposite ETF and winning while you were in the down trending one and were losing... Lying about entry and exit points or on paper and not being realistic! Still not using my common sense but kept my mouth shut as did so many others!
You know people that have gone to three, four as many as six or seven Monkinars? They still didn't get it. That's because the teacher didn't get it either. Keep pumping another $1,000, $1,500 or $2,000 plus all your expenses and learn different ways (remember, every Monkinar is different so you'll learn something new at each one? That's because they're still trying to figure it out!) but as long as everyone was waiting on a FLD to take off to be able to day trade, no one would find out Monk wasn't a successful day trader either. He was successful at pumping us but not at trading! There's more but I'll stop here...
As long as the FLD's didn't work and people were waiting on them, they could keep collecting money cause good people kept their mouth shut! Well, I'm opening mine! I'm not mad about FLD's or the money lost (probably around 90-100K), I'm not even angry about what I got suckered into anymore. It was my fault, shame on me! I found good and honest people in the market that are willing to share and teach their techniques for a fraction of the cost or even free! GeauxFish methods are bottom plays on big board stocks that act normal and when the market is going up, most of his choices do as well, even some when the market isn't going up. He's got valuable information to learn on his website. You have to be really good though to play bottoms so that takes a lot of time learning and watching. His site is WealthBuildersTradersParadise.com Cowboy has helped more Densters trade the ETFs successfully and never charged a dime for it. 30 years experience and doesn't want to see people get hurt by the market, he wants to see people win! Chartinator has a site where he teaches so much from many different charts with different settings and set ups, teaches how to do scans and his chat and people in there are amazing and win and when you play Chartinators way, even in a down market, your stocks stay flat or still manage to go up! He teaches about the market and everything you can possibly need to win! When Chartinator's team picks plays, they know why and how and when to buy and will teach you too. Best of all, they only play up trending stocks and find ones in a down trending market! He teaches you everything you need to know! Stock Seasonality is only $199 a year (I made that and a whole bunch more in my first swing trade), a whole year, to be in live chats and they have summer school and will not leave a student behind. Nothing extra, no extra chat fees, summer school, Academy, Round Table fees, everything is included. I'm part of that team now and have learned more there in three weeks than I have in the past year and a half. The moderators and Chartinator himself are always there to help or answer questions, 24/7. You can try out StockSeasonality.net for a month, $15 trial during June (tell him how you found him and Chartinator will take care of you cause June is almost over already) and see what it's all about. Best part... Chartinator and GeauxFish taught Monk what he learned just four years ago, Monk admits in IHub that he's learned from Geaux and Chartinator as a novice in 2007 (just four years!) GF and Chart and Cowboy blow him away in time spent in the market, trading and money made, much more money! Then Monk chose the wrong road to go down and too many of us followed him... Lucky him! But not us! I guess once a paid pumper, which was admitted at the Indy Monkinar, you get that greed in your blood and it won him over so he's back at it! That's what I feel sad, angry and bad about, those of us that believed and were left on our own. Wake up people!!!!
Personal note to Monk: If you were just there for us, answered our questions, helped with picks to try to recoup some of the losses, you wouldn't be in the mess you're in now. Older people that followed should have been offered discounts to future Monkinars (I needed Boston, couldn't afford it, would have slept in my car to attend but no discount cause that meant less money to you!) and free entry to the private Den for a while so we could rebuild and continue with you. You'd have had hundreds of devoted followers wanting to learn more and you wouldn't be hiding in a private place. Those hundreds could have turned into thousands for you... You blew it! If you have any decency in you at all, you'd give up this box idea before more get hurt and walk away from all of this. Or continue to carry on with your next scheme but every time you do that, you're going to have less and less and less followers because you're all over the internet and word of mouth as BAD and YOU ARE A BAD PERSON! Mel, you're not much better. I believe you got into all of this having no idea where it was going (I may not be giving you enough credit) and now you're stuck but you should run too! Money can't buy you happiness and you're better than that! At least I thought you were... Probably was wrong there too. Monk, I'm not sure how I feel about your lack of words or reasons for what you're doing but if you pumped all those people you belong in jail and if you didn't, you should still be ashamed of yourself for letting so many people down. Family? You're a very lonely man and will spend the rest of your life just that way... Lonely!
People, I beg of you, don't believe in the MIAB! Promised to be working on April 1st? Now July 1st... HELLO! There have been way smarter mathematicians and brilliant people try to get this type of thing together, algorithm geniuses and if it were possible, the market would crash... Don't you think everyone would have it? They don't work! What makes you have faith in a man who has no experience with this sort of thing, not enough knowledge of the market, a swindler, working with a coder that's got no clue what he's doing, just what he's told to look for. Historical data testing, even this housewife can sit here and look at a chart and tell you when I'd buy or not. Did you ever see Monk make calls live on the Mondays at Advanced class? Nope, he had us making the calls with all sorts of excuses and when he did make calls, they were mostly bad ones! Quickly covered up with some excuse... You're waiting now for an up day with volume because the box can't work when it's a flat day with minimal volume... the ETF volume is gone since we've been shown this way (the economy has less retailers in the market), the MIAB is not going to work unless you're in a very strong up day with a lot of volume and you won't have enough money if it's playing FAZ/TZA (with 25K) for you to get out fast enough! If you are going to use it, make sure you know what you're doing and that you're in control and protect yourself, do not use margin!!!! Covering that margin call could be your ruination!
Anyway, I needed to cleanse myself and get this all out of my system... I've been holding it in too long so I've shared some of my experience here and hope that you see what I didn't before it's too late for you!
Open your eyes! See what is real and not what you want to believe...
Thanks for taking the time to read this... do with it as you will... I will not be back but will keep you in my thoughts and prayers that you find the strength to do what is right for you and not for their wallets! Put two and two together, many of you seem to be able to do that and add up and see what you come up with... Whatever you do, be safe! Be strong! Be true to yourself!
Over and out, no more Den for me...
Be happy people and don't forget, even when it's hard to do, SMILE!
BYYYYYEEEEEEEEEE
Jacki
