MR DVD'S goal is to help investors reduce their risk and be better prepared to win and not lose money. This is done by teaching clients to learn how to trade themselves or by helping them to better understand and monitor their professionally managed accounts in a 401K or IRA. It is just as important to help students avoid the expensive scams, hucksters, liars and cheats who are out to get you money. The better informed you are the less likely you will be taken advantage of with false claims and promises.
I make no guarantees or promises. I can only give you the best honest training that gets you started in the right direction in your trading career. My students must do their part which is to study, practice, learn and practice the rules and precautions.
Yes, there is still risk. Risk is unavoidable. Risk exists even with the best professionals, but that risk is minimized when you as the investor are better trained and informed.
Look at the returns of all the mutual funds during the last crash or any downturn. They are disastrous. Except for a few who were invested in contrary investments, such as gold, oil, and a few others, those funds, run by licensed "experts and pros," all lost money. Lots of money! Every 401 K and every IRA lost money, because the government, in their "divine wisdom": ruled that such retirement funds were not suitable for shorting the markets. How sad.
This discussion is to make you aware that chartists and technicians around the globe were shouting, crying, and begging their clients to exit the markets. They knew it was due for a major collapse. How bad? Some even predicted the Dow would go to 4000. Thankfully that never happened.
The point that I am making is this. Technical Analysis is in my humble opinion far superior to fundamental analysis, or to listening to the guru's of Wall Street. They were all wrong, terribly wrong, and even worse; they were trumpeting buying those investments up to the very day of the collapse.
It was a panic blow off top, and culminated in a panic blow off bottom. Yes, there were a small group of chartists and contrarians who actually made money in the markets collapse, which the government wrongfully decries. Some chartists nailed the downturn to the day.