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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    You seem very emotional and use emotive characters like Hitler and Madoff to propose your point as well as the word 'fraud' with no evidence. Once again...looping back....I am not promoting Mr Kreil. I am not selling anything and have no interest in doing so. Based on my experience and research...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Actually, that could more sense for some people. A kind of 'side venture', perhaps swing trading on high conviction trades but ideally, investing not trading.
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    OK...you have sworn at me and attacked me in the past in this forum. I refer you to previous posts. 1. I am not promoting Anton Kreil. Only linked to the video because I share some of his conclusions regarding the retail brokerage industry. It was an interesting video to share on this forum...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    OK...I am not promoting Anton Kreil and do not know him. I have no financial interest in this thread (am not seeking a mentor, am not selling a course or book or anything else). I happen to agree with a lot of what he says at the beginning of his presentation and only saw the video earlier...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    This is another area that I am researching, behavioural finance. Perhaps, 'the numbers' are not what reward the majority of people. Rather the motivation is the competition, challenge, their fantasies, their ego and the feeling of winning (endorfins, testosterone, dopamine etc)? In which I case...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Thanks. By the way, if anyone else from the 5000 or so views agrees in principle (...I may be wrong on some things) please post here. Also, please contribute to the thread with your experiences and case studies. There are a few vocal haters who base their posts on emotions and name calling...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Read the posts...I never failed because I was on the 'right side of the trade' e.g. as a stockbroker or a portfolio manager. For more detail please read past posts.If clients made or lost money I always made money. No price drivers...sorry to burst your bubble.
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    I am not deflecting, I am shedding the light of transparency. You posted a comment that you worked in a hedge fund in order to negate my argument. Other supporting posters suggested one of the external videos was a 'hack'. I simply pointed out that you charge $7500 for mentoring on your website...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    I refer you to a previous post...I did not fail. I always made money.
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Bone (or Spreadprofessor - I noticed you are marketing your services)...I also noticed that you charge $7500 for teaching people to trade. This is for a full package of 100 hours of webinars and 12 months of mentoring. Can I ask you, if you are that successful, why you are taking on clients...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    I would agree with a lot of what he says in his presentation based on my research and experience within the industry. I would still refer anyone to my premise, however, that there are better trades out there than retail day trading. Also, I would never encourage anyone to pay for training at...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Thank you for your post. I was referring to day trading as conducted by retail investors. I agree that investing (long-term buy and hold, value investing , smart beta, compounding etc) has a lot of merits and would recommend it. Swing trading is, in my opinion, more in the area of short...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    I can't tell you, unfortunately, and you can assume the reason why. One of the top 5. The point being is that this happened with one of the largest firms in the industry with the UK regulator being very strict (in comparison with other countries) so what chance do you have with others? The...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    About these people getting punished...the operative word is 'should' (for a normal ethical person with a certain mindset who is idealist...the word 'should' is often used a lot). But they aren't and this is my point about having a 'prey' mentality. You have to see the world as it really is and...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Thank you for adding to the thread. Maybe contribute some examples here?. I would disagree with you about popularity. There are usually enough intelligent people out there to make your future book popular. You don't have to appeal to the mass market. This thread has had thousands of views. I...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    To add to this discussion...I worked for a while within a UK CFD and Spread-betting platform. I wanted to learn this part of the industry from the inside out. The regulated platform (in the top 5 in size in the UK) would routinely identify profitable traders (there were very very few). Then...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Apologies...first time on this forum.... I didn't put a dozen links up to a similar story. I am not pre-occupied with Steven Cohen either - his name was raised by one of the posters here. And no...I always have worked in the front-office. Back to the topic, here is the breakup in a...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    You attacked me instead of the premise (...please refer to the title again...I am losing count of how often I have to do this). The premise is not whether I want to trade or decide not to but whether trading itself is a bad trade (for a conventional retail day-trading client).
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