The following is a letter I recently sent to Manesh after taking his some of his classes, but terminating my association with him and EII capital. I want to say up front that some of his students seem to end up trading successfully, although I never met anyone who was in it long term with him. He’s not for everyone and here’s why:
Manesh,
I wanted to get back to you after some time to reflect about my experiences. I’ve come to realize that this didn’t work for me in part, because I’m a social scientist. I have two degrees in human behavior and broad professional experiences in the field– So I found that using a purely technical style just isn’t comprehensive enough for me. And, although I’ve continued to work at it from all angles, I never had a single successful paper trade while following your instructions to the letter. Clearly, I need to focus my trading efforts and education elsewhere.
But the truth of the matter is that it came down to the thought of going to another weekend seminar and listening to your cynicism and witnessing the kind of demeaning, abusive condescension with which you address people at times. You act like too big of an abusive jackass for me to want to associate with. I get why you think you’re justified, I just don’t agree. (Manesh thinks he's preparing you for the harshness of the markets)
In my opinion, the problem lies in your approach to your motivational technique because it appears that you clearly get off on being sadistic. You act like a completely different kind of person in your meet up groups compared to what I witnessed at other times. So it’s become obvious to me that you misrepresent yourself when you’re in public. Men like Vince Lombardi, the models you play in your live sessions, built people up for the battle. He wasn’t acting like a bully, breaking people down, and undermining self-confidence, which is no fun at all. I couldn’t believe that you actually asked the group “who had fun yesterday” after witnessing the belittling attitude you were dispensing in class. Perhaps you should study up on an expert’s opinion on motivating others.
It seems to me that you’re a moderately well-off computer geek with poor people skills. So I prefer to associate with others from a different type of organization. And, I intend to post this letter online in as many forums as possible so as to let others know about my experiences so they don’t make the same mistake.
The way I see it is that since the ongoing education and online support make up a significant part of the course, and I won’t be graduating, which you and EII capitol clearly advocating taking a year or more, I’m done paying for classes because I refuse to support an organization like EII Capitol which thinks breaking people down is motivational and fun. There are other concerns and issues of course, but basically I was misled about the kind of person you pretend to be. I’ve known several semi- successful men like you, all of them have the same narcissistic, sociopathic MO and never really last because others eventually get it.
Most people wouldn’t lay it out like this, but I’ve put myself in a position where I don’t need anything from you, so I’m telling it like it is. In other words I don’t have to put up with your B.S. just to learn your trading methods. I did have a dream with you in it BTW. You were just like the man behind the curtain in the Wizard of Oz…He wasn’t a bad fellow, he just acted like one because he was uncertain of himself as a person underneath all of the noise. Any future correspondence should take place via email so it’s on record.
He's a salesman. He only talks about the positive trades and never his loosing trades which are many. He is accountable for loosing a lot of people's money. He made me loose over 60K by making me sell my positions in some of my long term holding and fining me if I don't. I don't even know if that's even legal. Any way it is good to know that I'm not the only one feeling like he is a scam. I have asked for his track record and he gets offended when I do and comes up with so many stories. I don't think he is a good trader. He's just a salesman using the take away method. Hope this helps.
Manesh Patel Reviews
The following is a letter I recently sent to Manesh after taking his some of his classes, but terminating my association with him and EII capital. I want to say up front that some of his students seem to end up trading successfully, although I never met anyone who was in it long term with him. He’s not for everyone and here’s why:
Manesh,
I wanted to get back to you after some time to reflect about my experiences. I’ve come to realize that this didn’t work for me in part, because I’m a social scientist. I have two degrees in human behavior and broad professional experiences in the field– So I found that using a purely technical style just isn’t comprehensive enough for me. And, although I’ve continued to work at it from all angles, I never had a single successful paper trade while following your instructions to the letter. Clearly, I need to focus my trading efforts and education elsewhere.
But the truth of the matter is that it came down to the thought of going to another weekend seminar and listening to your cynicism and witnessing the kind of demeaning, abusive condescension with which you address people at times. You act like too big of an abusive jackass for me to want to associate with. I get why you think you’re justified, I just don’t agree. (Manesh thinks he's preparing you for the harshness of the markets)
In my opinion, the problem lies in your approach to your motivational technique because it appears that you clearly get off on being sadistic. You act like a completely different kind of person in your meet up groups compared to what I witnessed at other times. So it’s become obvious to me that you misrepresent yourself when you’re in public. Men like Vince Lombardi, the models you play in your live sessions, built people up for the battle. He wasn’t acting like a bully, breaking people down, and undermining self-confidence, which is no fun at all. I couldn’t believe that you actually asked the group “who had fun yesterday” after witnessing the belittling attitude you were dispensing in class. Perhaps you should study up on an expert’s opinion on motivating others.
It seems to me that you’re a moderately well-off computer geek with poor people skills. So I prefer to associate with others from a different type of organization. And, I intend to post this letter online in as many forums as possible so as to let others know about my experiences so they don’t make the same mistake.
The way I see it is that since the ongoing education and online support make up a significant part of the course, and I won’t be graduating, which you and EII capitol clearly advocating taking a year or more, I’m done paying for classes because I refuse to support an organization like EII Capitol which thinks breaking people down is motivational and fun. There are other concerns and issues of course, but basically I was misled about the kind of person you pretend to be. I’ve known several semi- successful men like you, all of them have the same narcissistic, sociopathic MO and never really last because others eventually get it.
Most people wouldn’t lay it out like this, but I’ve put myself in a position where I don’t need anything from you, so I’m telling it like it is. In other words I don’t have to put up with your B.S. just to learn your trading methods. I did have a dream with you in it BTW. You were just like the man behind the curtain in the Wizard of Oz…He wasn’t a bad fellow, he just acted like one because he was uncertain of himself as a person underneath all of the noise. Any future correspondence should take place via email so it’s on record.
Stay away from this guy at all cost
He's a salesman. He only talks about the positive trades and never his loosing trades which are many. He is accountable for loosing a lot of people's money. He made me loose over 60K by making me sell my positions in some of my long term holding and fining me if I don't. I don't even know if that's even legal. Any way it is good to know that I'm not the only one feeling like he is a scam. I have asked for his track record and he gets offended when I do and comes up with so many stories. I don't think he is a good trader. He's just a salesman using the take away method. Hope this helps.