Pattern Trader Tutorial & Tools Testimonials

—– Original Message —-
From: Justin Teo <justin.tsw@xxxxx.com>
To: Conrad Alvin Lim
Sent: Monday, September 8, 2008 4:15:14 PM
Subject: Re: Thanks a mill!!!!!

Just to share with you something you would be proud of.

Couple of days ago during a casual meeting of friends, I met a professional trader who migrated from Canada to Singapore because his company (which i believe is a trading firm) wanted him to relocate here and who I strongly believe is raking in a lot of money judging from his young age and the house he lives in…(hence what he says should have at least some degree of reliability).

We talked in general about trading. He trades the Hang Seng and Japanese index and we talked about irrational behavior. And then we talked about the psychology of trading and he was utterly shocked and surprised that someone my age understood the importance of cutting loss and the great emphasis on the psychology and emotions involved in every trade.

He was rather astonished that even though I had not worked in a professional trading firm and haven’t even gone into proper tertiary education in university, I already had an understanding of basic technical analysis, candlesticks , cutting losses and the psychology of trading. And he was surprised too that, I mentioned, as you have taught before, that ‘There is only one guarantee in trading; And that is one WILL lose money’, and he totally agreed with it.

This, I attributed all to you and he was really very impressed by your teaching methods.

I’m glad to have made the choice of selecting your WAT Tutorial over countless other courses which God-knows, might have taught me the wrong things and got me started on the wrong foot.

So just so you know, you have done and are doing a terrific job. Not everyone would agree but I’m sure those who graduate from your course and CONSISTENTLY CARRY ON PRACTISING what you have taught would definitely benefit from it, maybe even to the extent of making a lot of money. I finally understand the true difference between just learning and reading something and truly applying what one has learned.

Thanks for everything!!
Regards,
Justin Teo

A Testimonial for Conrad Alvin Lim and the Pattern Trader Tutorial

I had already attended a few courses by the time I listened to Conrad for the first time. I remember there were two introductory sessions by two different traders at the same time on that day. I chose to go to Conrad’s session because his advertisement was less gimmicky and in fact pretty boring – which suggested that he had substance and wasn’t just a salesman.

I remember sitting there at the introductory session thinking, everyone I know needs to hear this – it is the truth about the markets! I also thought to myself, there were so many things that Conrad introduced that I knew nothing about. Even if I signed up for the course, I thought that I wouldn’t understand much of it and that I might not be suitable trader material. All the things he talked about were so daunting!

After a very intensive two-weekend Tutorial, I felt like my head was bursting with knowledge and theory. At that point I started wishing that I had signed up for a different course instead – one that would involve lots of handholding and spoon-feeding and direct trade signals to follow. But I realized how wrong I was after I attended the Post-Graduate Tutelage two months later.

It’s similar to how your father nags at you and gives you lots of life advice that you don’t really understand nor find relevant and just leaves you confused. Then later on when the situation fits, you recall your father’s sage words and suddenly you feel immensely grateful and filled with appreciation for the full meaning behind every word. That’s what my post-tutorial journey has been like.

Everything we learn in the Tutorial is important. Even if it doesn’t seem relevant right away, every chapter can make the difference between making money or losing money. Trading without knowing everything is trading blind. The Post-Graduate Tutelage makes the knowledge come alive by helping us apply it in a practical way. I had a better appreciation for all the things I learnt in the Tutorial only after I attended the Post-Graduate Tutelage. And that appreciation has only grown on a daily basis after I started trading on my own afterwards.

Knowledge only becomes useful when you are in a situation where you actually need it. As we go through different parts of the market cycle, we recall and apply different things that we have learnt and gain growing appreciation for all that has been taught.

Like I said, I have attended several other courses and I have learnt a thing or two from them as well, but I would say they are vastly overpriced for the value that they give. I attended some of them thinking I was getting a teacher but what I got turned out to be salesman. Conrad has proven to be a true teacher from beginning to end. His Tutorial is a gift that keeps on giving, the knowledge gained can safeguard and profit you for a lifetime, and continued learning is supported by monthly webinars, personal guidance and an incredibly knowledgeable community. The Pattern Trader Tutorial is without a doubt the most undervalued course out there!

Hi Conrad

Thank you for another awesome run of the PTT. As a resit student from WAT06 way back in 2007, I was at 1st a bit apprehensive about attending PTT76. Someone asked me: “Now that Conrad is rich and successful, will the course be overly commercialised? Will he still teach with the same passion and sincerity? Will he even be the one personally teaching to begin with?”

Eight lessons on:
– Still the same intimate classroom setting with limited number of students (instead of packing a few hundred people into a lecture theatre, commonly practiced by other gurus)
– The same Conrad teaching every single lesson, of course now supported by a team of very capable coaches.
– Lessons often extending beyond 11pm to ensure the content is well covered. Coaches staying past midnight to assist students with technical problems and answering our queries.

The content revisions from eight years ago is mind blowing. Back then we had a few pages of notes given out weekly. Today, the course material is a huge 400-page volume of knowledge. “Re-sit” is an understatement. PTT76 is really an “Advanced WAT” to me. That you insist that your students come back for a 2nd round is unheard of in the industry. Most gurus would be more than happy to reserve every available seat for new students paying the full price. That is the greatest assurance that we can always count on your team’s continued support even after our graduation.

I was reflecting on the key differences between PTT and some of the other trading courses out there, some of which I have attended previews. Incidentally I think it can all be summarised using “The 10 Truths of Online Trading” from Conrad’s new book:

1. You will lose money
* Others assure you that you will make money..lots of it, setting up all kinds of unrealistic expectations where students think they can be millionaires within months.

2. Online trading is tough
* Others make it sound way too easy. How often have we heard that “even housewives, people with no computer knowledge, retirees can succeed after a 3-day seminar?”

3. There are more losers than winners
* Others say that their seminars can make everyone a winner, a big winner, and a very easy winner.

4. It takes money to make money
* Others tell you that you very little money to start, which is fine for those without a huge budget. What is not fine, is when they tell you how fast your little money can grow to 6-digit, 7-digit profits.

5. It takes a long time to become a good trader

6. You must learn everything

7. It takes endless hours of training and practice

8. You need a lot of patience

* Others say that 3 days/5 days (over 2 weekends) is all that is needed. They teach you some “proprietary method” that promises quick gains. Nothing more than 15min a day. Even today, we continue to see advertisements featuring “testimonials” of uncles and aunties “turning $300 to $15000 in 4 weeks”. That is a crime.

A final thought. Whether we eventually become good traders depends on so many factors – our own discipline, aptitude, attitude, how we juggle work, family and trading. Too often, a trading course is judged based on whether “it made us rich from trading”. Let’s just say that the same Finance degree from NUS produces bank executives stuck at junior management and it also produces CFOs. Before I make my 1st dollar from the market (or lose my 1st dollar to it), I will say that resitting the course has been a great decision and investment of my time this year. I will not hesitate to recommend anyone aspiring to be a successful trader to attend the PTT.

To all my course mates, good luck, and happy hunting!!

Sherman Koh