A New Trader Documentary

[trickshot]

Most doctors get their education from the drug industry since that is mostly what they do...deal.

LOL. What about surgery then? Does the drug industry teach surgeons how to operate now?

Come on guys don't be silly, you cannot compare higher education with a $300 online trading course. Unless you read philosophy or some other crap in some 3rd rate university you most likely acquired some useful skills.

Also don't forget that you need to be **certified** to get to prescribe those drugs, and you won't get any from a $300 online course.

 

[hoop121]

are you f*** kidding me?

Some poor bastard on disability at home not made a penny in 6+ years. Some poor nurse that borrowed £6k to day trade stocks and lost half of it..i presume she lost the rest. They bought into your "dream" B*S* and pay a big price for it. All those suckers at the expos...what a crock of sh**. Should ***** outlaw you lot

A group of old,dodgers wasting time trying to play the market....good luck to them but i'll guess they break even at best.

Now, you had those 2 guys managing o.p.m in forex....seemed like gamblers to me. |But we'll see.

And that arrogant, cocky, guy who claimed some hedge fund just invested £50million with him and he was a millionaire through trading forex...something didn't add up there. If he was legit then he's the first i know about. But i suspect he makes his money elsewhere.

Yes i can believe the brokers, the HFT firms are the ones making the money..the only ones. That's my point you chav!

Now move on and sell on clickbank or something

he was talking about episode one. you are talking about episode two.

 

[Al_Bundy]

I pretty much agree with his review. Waiting for the second part.

 

[hoop121]

I pretty much agree with his review. Waiting for the second part.

second part of the documentary? it's already out. in fact, the video at the beginning of this thread is Part 2

 

[Al_Bundy]

Second part of the review.

 

[chimera]

The point is the pro's and the brokers are the only successful ones. Not the "trade from home moms" they sell to.

 

[d08]

Sorry but i disagree also, from my experience most of the so called Guru's have nice looking methods, which look great in back test so they appear to work, but live there totally useless, which is why they move to selling them. Then they post after the fact trades with perfect exits and all the usual stupidness.

True, typically I've noticed they select a time period that suits their so-called strategy. For example a long-only strategy would perform amazingly in the last 2 years and the equity curve would be beautiful but we all know what would happen if you tried to trade that in a bear market.

This trick is old and not specific to the field of trading but it works almost every time. If you're a slick salesman with loose morals and no real trading skill, it's the best road to take.

 

[Turveyd]

True, typically I've noticed they select a time period that suits their so-called strategy. For example a long-only strategy would perform amazingly in the last 2 years and the equity curve would be beautiful but we all know what would happen if you tried to trade that in a bear market.

This trick is old and not specific to the field of trading but it works almost every time. If you're a slick salesman with loose morals and no real trading skill, it's the best road to take.

Outted a few con artists you expose them in 1 group and there wise to this and have 10 other groups which all look the same but different members and they stop you from getting to those other groups, so there still making a fortune.

FactoryForex or ForexFactory can never remember, there was a guru there everyone raved about, his methods where just ludicrous so called him as a scammer took flack from it for years then he got done frauding 3.4Mil I think it was off his flock.

Trying to help someone to trade better and get the " but Jacko says, H4 and candle stick bla bla bla and your method is wrong " despite what've they have said obviously isn't working for anyone, they just don't realise the damage they do to all retail traders pretty much, there "methods" get passed off as real when there obviously NOT!!

Currently all scammers are on the ZERO LOSERS yes ZERO LOSERS just use my method ( random guessing / baskets ) and don't even bother to set a SL, only 1 loser guaranteed the mother of all losers LOL

p.s. Hi Magix the scammer I outted selling no SL EA's, who's gang then hounded me off the forum, incase your reading!

 

[TooOldForThis]

Hell, I had guys sitting 2 feet to my right literally mimicking my trades. They still lost money. Trading is a very "personal" thing, much like sports. It's not formulaic. All you can do is a give a guy structure and hope he does something with it.

You're exactly right. If I were to set up a trading school, it would be about the structure of the markets, practical statistics and risk management. It would include a lot of stuff on *why* trading the traditional trading rules are necessary. It would be about how to recognize an edge if you find one, and how to use it. The edge itself is not so easy to teach.

 

[Turveyd]

You're exactly right. If I were to set up a trading school, it would be about the structure of the markets, practical statistics and risk management. It would include a lot of stuff on *why* trading the traditional trading rules are necessary. It would be about how to recognize an edge if you find one, and how to use it. The edge itself is not so easy to teach.

If I ran a trading school, it would be about ignoring traditional trading rules cause there all a trap to make retail lose there money.

When you get to the money making stage, you will see this, the RULES have wasted me a lot of time, if not for the rules being forced down my throat I could of been living a dream life many many years ago, I kid you not!