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Alex Levitin said:
>Speaking about Larry Williams:
>
>I just received an invitation from Mr. Williams to attend one of his
>seminar. (The cost is $4K per person).
>
>In appreciation for my attending Mr. Williams will:
>
>1. Trade the capital of one million dollars for three days. (Maybe four
>days as in one place it says 3 days in another 4 days).
>2. Give me 20% of the profit (I am just not clear all 20% to me or the 20%
>will be shared by all attended seminar together, but it is natural for me
>not to understand as I am not so smart to start with).
>3. Last year Mr. Williams made $250K in three days during such seminar.
>
>I can not be taught (found it out over 20+ years of trying to learn from
>the market). But to invest 4K and get 20% if $250K or $50K sounds like nice
>risk/reword. If I only could figure out, $50K will be all mine or I have to
>share it with others? Do I have to be present at the seminar to win or I
>could just buy the ticket and $50K would be send to me?
>
>Permanently confused Alex.
If you find out, please let me know. I've never taken a trading seminar,
but if I ever do, it will probably be his.
Offhand, I'd say that the 20 percent will be divided between all the
participants. What would happen if he agreed to give 20 percent each,
and then six people attended?
Incidentally, when are those seminars scheduled for? And where?
Owen Davies
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