Kathy Lien and Boris Schlossberg

Boris seems like a good enough guy but I can understand people being wary and hostile of someone selling recommendations and not making their sole living off of trading and no long-term track record. The only holy grail I have ever seen is selling hope to others in the form of books, seminars and trade recs. It is definitely easier than trading for a living.
 
Quote from fluttrader:

You said it would be your FINAL word..it wasn't

If you were any good, FXCM would have offered you to be part of their managed account programs which are ALL LOSING ( a "winner" like you would be more than welcome)

http://www.fxcm.com/managed-accounts/managed-accounts-programs.jsp

ENOUGH SAID.


P.S. I would still pay you a beer for the entertainement you offer the world.

FXCM is a fucking joke.

I started this thread because I was surprised to see Boris and Kathy left the firm. They were their biggest cheerleaders; if you ever attended one of their sponsored FX trade shows you would agree. But I am glad they left and are now associated with a better firm. I'm also sorry I started this because it was meant as a shot of FXCM and not at Boris or Kathy. It has degenerated into typical ET trash talk.
 
I read that book following comments on here.

It should have been obvious to anyone who has traded for a while that neither the author or many of the subjects understood trading.
 
Quote from Lon Eagle:

I read that book following comments on here.

It should have been obvious to anyone who has traded for a while that neither the author or many of the subjects understood trading.

I would not say it was too obvious. I liked the book, too bad Chuck Heys turned out to be a fraud.
 
Quote from RedDuke:

I would not say it was too obvious. I liked the book, too bad Chuck Heys turned out to be a fraud.

Fair enough although this was my 'review' at the time.

Quote from Lon Eagle:

I must disagree.

Following recommendations on here I read this book recently and it was awful.

Most of the traders interviewed semed to be pretty cluless, pretty new to the business and most seemed to make less profit than could justify a full time career trading.

Furthermore I do not really think that a newbie would learn anything from the messages conveyed that could help them apart from money managent is the key. I dont think it needs 300 pages to get that across. Indeed some of the traders seem to adopt practices that were not just a bit clueless but down right dangerous.

Incidentally (and I fully expext to be told that all are now multi billionaires!) how many of these 'traders' still trade and are succesful?

I have read some dross trading books but think this was the worst.

My favourite book with respect to trading is Taleb's published in 2001.
 
If this thread is going to be resurrected, so be it. But keep it civil. Personal attacks with baseless arguments and no proof are for the chit chat and political forums. Not for this one.
 
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