The Guru

Whoa! Here comes the suave, fast-talking, obsessive and ofcourse knowledgeable Guru. He has a unique way of getting a word in edge ways. He can stand up and talk about any method and any indicator and any market condition.

Before you start wondering how the hell he manages to know so much about so many different things, he’s got a secret. OK here is his secret. Ofcourse he doesn’t know anything except the psychology of his ‘clients’. The hidden flaws in any method, the cause of all losses and the cause of all failures; he knows inside out. He advises the budding trader how the tough the profession is and the great mental stamina and right psychological mindset essential for getting their feet wet. His ambition in life is to lay bare this terrible truth.

The first day he went close to the market, the losers befriended him. The guy who made loss on the moving average is well known to him; then there is the one who lost on classical chart patterns; loss from momentum indicators, from oscillators, from gann wheels, from haramis and butterflies; from data mining based systems and implementing Fourier time series; you name it and he can guide you in detail how such things can cause terrible looses and carrier failures. He isn’t just skeptic but sometimes sarcastic as well.

Yikes, you cannot ask him how to make profits. The bad Guru will shoot instantly his coaching fees. But there is the good Guru as well. He will answer in abstract and cryptic language, which will be totally vague, to be precise. If you seek more knowledge there will be another vague answer. After the second interaction you are expected to ‘enroll’ for his mentoring. What, you still aren’t unwilling to pay? You seek a free lunch? Seek more knowledge again and you are sure to be shooed away as a dumb/lazy student for bad manners.

For goodness sake, don’t ask where to find The Guru. You search for generic terms like ‘learn forex trading’, ‘learn day trading’ and you know his website tops the search results. Internet media is important these days. Even in financials newspapers/magazines his advertisement is most interesting.