Chatroom gurus claiming to have $100k days -- total BS?

Do you believe chatroom gurus claims of $100,000 real money profits in 1 day?

  • No, of course not -- report them to the SEC

    Votes: 21 72.4%
  • Yes, I think they're being totally honest

    Votes: 8 27.6%

  • Total voters
    29
Size matters if you are a profitable trader, otherwise the law of large numbers will catch up with you sooner or later, and blow up your micro account in a hurry.

I don't think you understand the context of that post to ken in particular.
 
Some one is making big money on all these high volume movers .

Doubt if its lowlife chat room runners .

If you have the skills , and the chops , 100k on one of these monsters is small money.

And if you're one of those guys , you dont make videos on youtube screaming out 'howzitgoingguyz' at the top of your lungs to open the post.

You trade, and you collect the coin
 
You trade, and you collect the coin

Why would you limit yourself to just one source of income (plain trading), when you can create multiple sources of income, all related to trading?

Think about that for a moment.
 
Why would you limit yourself to just one source of income (plain trading), when you can create multiple sources of income, all related to trading?

Think about that for a moment.
Time and the hassle involved.

If you are a profitable trader why do you need to have other sources of income that take up more of your time for less money.

It would be like owning a profitable business and working part time at your favourite fast food outlet in the evening.
 
If you are a profitable trader why do you need to have other sources of income that take up more of your time for less money.

Right.

It's like saying: "Hey, Michael Jordan, why don't you just stick to basketball, instead of making all these commercials and endorsements for Nike, Coca-Cola, McDonald's, Gatorade, Chevrolet, etc... and earning an extra $42 Millions a year?

 
Right.

It's like saying: "Hey, Michael Jordan, why don't you just stick to basketball, instead of making all these commercials and endorsements for Nike, Coca-Cola, McDonald's, Gatorade, Chevrolet, etc... and earning an extra $42 Millions a year?
Now your talking superstar. I was talking about guys that host internet trading rooms.
 
Who is the regulator for selling educational courses?

Is it even regulated?

What is to stop me from making a CD and selling it to someone gullible enough to buy it?

You can it is a free market for trading education. Be prepared to put up monster returns. Lots of good day traders using scanners and they cannot come close to the pump and dump for obvious reasons. And low float penny stocks move when the gurus tell their students to buy. Chances are good, you will not even see it on scanners until is has already rocketed near the top.
 
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