If he really did give Jack $60 for The Answer to his endless riddles, it should finally settle the controversy over his suspected Guru status.
Gurus always do it for the money (and girls).
Gurus always do it for the money (and girls).
Day trading is losers game
- Thread starter oilfxpro
- Start date
Seriously? Who cares if he called the opening correct. The market can go up or down so big deal if he got it right. How about all the times he has been wrong, or the fact that he claims you can make more than the daily range every day? How come all of his followers aren't billionaires? The guy is fucking crazy.
you ever think that these guys could play the hell out of you buy sending out emails or making recommendations to people like this..
send 1,000,000 direct mails or mail.
50% say market goes up
50% say market goes down...
then when the market went up.. he sends 500,000 emails
50% say market goes up
50% say market goes down...
then 250 thousand more.. 50 percent up 50 percent down...
after three sends.. even one or two percent yield would produce 2500 leads of people thinking you know what your talking about... .. then with a good pitch about some propertiery indicators and rocketship light speed trading technologies that we are going to let you in on.. BOOM your stupid haha
send 1,000,000 direct mails or mail.
50% say market goes up
50% say market goes down...
then when the market went up.. he sends 500,000 emails
50% say market goes up
50% say market goes down...
then 250 thousand more.. 50 percent up 50 percent down...
after three sends.. even one or two percent yield would produce 2500 leads of people thinking you know what your talking about... .. then with a good pitch about some propertiery indicators and rocketship light speed trading technologies that we are going to let you in on.. BOOM your stupid haha
you know its soooo funny.. The public catches wind that their brokerages could be betting against them.. boom you see commericals advertising "is your broker betting against you, go with us, we have integrity and look out for your best interest" such crap.. bucket shops.. i swear nothing seems to different from the way that Mr. Jesse Livermore described it..
I don't know if brokers often bet against their clients, but I have seen many, many trades going in a hair from stop-loss to yield a decent profit after.
Probably the factor of brokers betting against clients is much exaggerated, which looks perfectly logical, hence it switches responsibility from trader to broker to justify one's losing.
yeah and the freaking retail loser loves it.. thats me so far haha as far as currency trading is concerned.. so many bait and switches .. and running stops .. i tried wider stops .. all i did was get greater losses.. they still got hit haha.. had to have been betting the wrong way.. haha i'm just like every other guy that starts trading.. i think i can call reversals.. and to be honest i think at some time frame you have to.. but i'm not expert..
It is interesting, because I don't see how currency markets are any different from other markets (set aside typical "market character" of course). All just a matter of getting used to a certain market.
dv4632, who posted in this thread said today on my site, that it's got easier for him lately to trade Euro vs. ES, despite before it was the other way around. Must be something to do with time spent staring @ Euro chart.
