The following partial list of information here currently and frequently found across the Internet is perpetuated by traders and firms who have little knowledge about Mark Douglas and myself and choose to illegally mis-quote us.  Their purpose is to falsely allege a relationship with us.  What we have posted here is for your informational purposes for those traders who are seeking authenticity with our products and services.  More importantly – for you to understand what these people are falsely stating may financially hurt your trading quite substantially.

• “Mark Douglas was a good friend of mine.”
  • FALSE.
    • There are a very small number of people that can rightfully make that claim – certainly not the continually ‘growing’ numbers of anonymous people across the Internet posting this only after Mark died, including but not limited to, Denise Shull.  
    • Not only was Mark Douglas a private person, I am as well, and very few were or still are allowed into our/my small circle of trust, for obvious reasons.
    • Again, if someone claims to have been friends with Mark Douglas, ask for details or contact our office.  
      • This is for your financial benefit.

• “Let your profits run indefinitely.”
  • FALSE.  
    • Neither Mark Douglas nor myself ever said that in a workshop, to a client, or in any of our best-selling/award-winning books.  
    • That statement is purely someone else’s opinion on the Internet.

• “It’s not about the money.”
  • FALSE.
    • Every trader in the world became a trader to MAKE MONEY.  Trading is a BUSINESS.
    • I cannot understand why podcasts/chat room hosts/trading advisors claim that we said this or that we wrote this in our books.  Quite a few podcasts recorded recently by traders having “over (x-number) years’ experience” claim that trading is not about money, and that we teach that.
    • Well, if trading is not about money – why would anyone trade?
    • That is a partial phrase and taken completely out of context from a complete section explaining the mental approach about money itself, needed for trading.

• “You can’t focus on the money.”
  • FALSE.
    • Again, this is a partial quote and not part of the overall framework of certain materials we have written or presented in workshops, which is now being heard across numerous podcasts.  
      • If you don’t focus on the amount of money you want to make in the markets, meaning have a financial goal with your trading, how are you going to make any money, or take any profit?
    • This is a partial quote taken from our workshops and books and repeated across social media.  Nothing could be further from the truth.

• “You don’t need rules to be a successful trader.”
  • FALSE.
    • All types of businesses need rules to become consistently profitable.  
    • TRADING IS A BUSINESS.  
    • The difference between all other businesses and trading – is that each trader gets to create or choose their “own” rules.

• “Mark Douglas posted his videos for free on the Internet.”
  • FALSE.
    • Why would any trader or brokerage firm claim we would do that?   
    • If we had posted all the materials – wouldn’t we have posted our website address with them?  
    • All our stolen videos are posted by others to make money for themselves not us.  We do not receive any money from the stolen materials.

• “The FREE 15-minute chat Paula T provides includes exercises and continued follow-up advice.”
  • FALSE.
    • The free 15-minute chat is just that – a free chat for 15 minutes to see if you know what you want, and how you are going to achieve your trading goals.  
    • After the free chat, traders are invited to schedule a paid consulting session with me, which is entirely up to each trader to decide to move forward with or not.

• “Choose a profit goal amount and stick to that amount no matter what is happening in the market.”
  • FALSE.
    • Another incorrect quote posted by other traders in their social media and podcasts using our reputation to build their client base.  
    • This is a very damaging statement for new (all) traders.  
      • You DO NOT stick to a firm profit goal amount without taking any/all amount of profit, until you are a consistently proficient trader.  That quote is a direct opposite of what we teach – which is, that you take “…any and all profit when it makes itself available to you…”

• “Mark Douglas died before finishing his final book.”
  • FALSE. 
    • I really can’t understand where this stuff comes from and who posts it.  Furthermore, the book we finished in 2014 was not ‘his’ or “our” last book by any means.

• “Mark Douglas and Paula T’s methodology is the same as NLP.”
  • FALSE.
    • NLP – ‘Neural Linguistic Programming’ has nothing to do with our materials.  Nor did Mark or myself ever study NLP.  
    • Our materials are comprised of learning how beliefs create our reality; self-learned through countless hours of meditation, visualization, interviews with traders across the world, and then implementing our concepts into all facets of our life.  
      • We created all of our materials from our own trading experiences, experiences of other traders, and total self-reflection.

• “Mark Douglas never traded.”
  • FALSE.
    • Again, I don’t know where this stuff comes from.  Just because Mark and I are not out there on the Internet every single day yapping about market direction and what trades we have put on, has nothing to do with our personal trading nor does it imply much less mean we never traded.  
    • Mark was a retail broker at Merrill Lynch for years so how could it be that he never traded?   

• “Mark Douglas is a failed trader.”
  • FALSE.
    • The people that state this have paid, and those that perpetuate this false information, will also pay financial restitution for slander.  
    • Think carefully before making false claims against someone – alive or dead.  We understand these statements come from “wannabe” traders who have failed themselves and have to cover that fact up.  
      • Regardless, all slander of this manner is litigated by our international legal team.

• “Paula T told me what markets to trade.”
  • FALSE.
    • I do not give, nor have I ever given, advice on what markets to trade or how to trade.  I am not a trading advisor.  
    • I am the co-creator of the field of Trading Psychology with Mark Douglas, which is 100% focused on teaching the unique mindset needed to become a consistently successful trader.

• “(Name(s) redacted) has been authorized and endorsed to teach trading psychology by Mark Douglas and/or Paula T.”
  • FALSE.
    • No one across the entire planet – and I mean NO ONE has been authorized or has been endorsed to teach our materials.  This includes all educational institutions such as Wharton Business School, all brokerage/investment firms on Wall Street or anywhere, and all individuals.

• “Mark Douglas and Paula T have endorsed our products and services (website URLs redacted) to be used in conjunction with their products.”
  • FALSE.
    • Neither Mark nor myself have ever endorsed any products and/or services by anyone or any organizations specifically in:
      • United States
      • Australia
      • Canada 
      • U.K.
      • The Far East
      • U.A.E/Saudi Arabia
      • Iran/Iraq
      • along with anywhere else in the world.
    • If you are thinking about working with people/organizations especially in the top five countries listed here who have claimed endorsements, think twice and contact our office.

• “Mark Douglas and Paula T are Buddhists.”
  • FALSE.
    • Interesting how total strangers across the Internet make stuff up about people they know nothing about.
    • I will share that Mark is one of the most spiritual people I have ever met, meditating (praying) every day for two hours at a minimum.  His connection to God was so strong and thorough such as with myself, I am blessed to have been in fellowship together with him on this.

• “Mark Douglas and Paula T teach/said that trading is the same as gambling in Las Vegas.”
  • FALSE.
    • Again, taken completely out of context.  Listed here below is the complete and correct quote from our book “The Complete Trader:”
    • “Yes, as traders speculating on price movement, we’re gambling, but that doesn’t mean that we can’t assure ourselves of producing consistent, reliable profits. There’s a huge difference between the way we’re gambling as traders and someone who walks into a casino and starts pumping money into a slot-machine; where his odds of experiencing consistent results are virtually non-existent.”
    • More on this information in the section from ‘The Complete Trader’ titled “The Benefits of Adopting a Belief that says I Am Gambling.”

• “Mark Douglas was ill for some time.  He knew he was dying, that is why he had an auction of his private collection of trading memorabilia.”
  • FALSE.
    • Mark and I had scheduled the first of several auctions in the fall of 2014 while we began downsizing from our 3,500 square-foot house to a high-rise condo.  We loved the convenience of high-rise living, which we enjoyed for decades in downtown Chicago!  
    • We had so much trading memorabilia gathered from around the world that was sitting in our offices and closets collecting dust.  Mark and I felt that we should not continue to hang on to the items so we set up the auction for other traders to enjoy the items as we had.  
    • The purpose of the auction was also to teach traders to respect what they buy.  Why?  Because everything has value – but each person has to determine what value means to them.  Just like every trader has to determine the value of each trade or set of trades.
    • Other auctions will be held in 2023 forward showcasing his original art and other personal items.