Market charlatans

16 pages

all about market charlatans

what kind of traders are you anyways?

Man, If you haven't figured this deal out

I give you very little hope for future success

I use to think the number 1 reason for failure was undercapitalization

but after spending some time on ET

I really believe it is cold stark unbelievably gullability

the man said, "There is sucker born every minute"

It's really quite astounding to see them show up on ET

Market Charlatans?

I am shocked

and I thought they had my best interest at heart

I'm beginning to think they are no better than the women I marry

otherwise, I know a very good chatroom you can subscribe to for $50/mo that gives good reliable calls

beats the heck out of trying to figure out what the market is going to do

Trading is hard, why not just pay somebody to make it easier for you?

in trading, there are levels of stupidity

and if you've sunk down to the level of relying on a market charlatan, there really is nowhere left to go below that

and if you are still pissed because you got burned, there is no hope for you

I can tell you, trading isn't that hard, and you can make money consistently, if you just avoid some common mistakes that seem to come naturally

It just takes a while (or in my case a lifetime) to unlearn everything the people you respected and trusted taught you
 
Quote from seadog:

oldtime
That's a good rant.
Feel better now?
More...
life is going better for me since I started trading forex

it opens at 17:15 Sunday

I hate to think what a basket case I would be if I was trying to unload a stock that didn't open until 9:30 Monday morning
 
Quote from oldtime:

life is going better for me since I started trading forex

it opens at 17:15 Sunday

I hate to think what a basket case I would be if I was trying to unload a stock that didn't open until 9:30 Monday morning
More...

Same could be said about yesterday being Saturday and you having to wait til Sunday 17:15 to unload Forex
 
Know what you guys mean. Use to trade the Yen, was up at 3 (edt), to watch the market.Then try to trade ES during the day. Too much for me. Now trade ES, watch the Sunday night open.
 
Yup, I could tell from the way his original BMT thread progressed. It seemed okay at first, but eventually started seeing some red flags.

Maybe there's an off chance that he is scratching out a meagre amount of profit each month, that's the best case scenario. The more likely scenario is he's another "Greenie" type faker.

And those numbers he claimed as his results.... out of this world. I cant see how anyone with nearly 80% winning trades and a profit factor of 7 would even want to bother himself with selling cheap services to new traders. Unless he was lying about those results.
 
I asked him yesterday about trading the news events and did not get an anser. Later that day I saw via his stats that he puts online that he made a trade right at 7:15, 14:15 my time, ADP Non-Farm Employment Change and guess he entered at 1,2843 the move went too 1,2842 pulled back and then made a LH to 1,2841.
HE MADE 8 TICKS!!!
How can he get 16 if he dos not let the trade move?

So today he anserd my question about trading the news event and yes he said that that was a price action!!!

So why did he not catched todays news moves??
Off-course today that was not price action:) i guess this will be his anser to dis question...
 
I saw in the thread that the guy defending him was busted for logging in from the same computer. LOL That's the icing on the cake right there.

I tell you-- you cant trust any of these big talkers on the internet.

80% winning trades and a PF of 7, and instead of putting up the actual proof (which would bring in a huge amount of business for his "services"), he creates a second user account to vouch for himself. Ugh.

Sad that Mike is now defending him by telling people to stop trashing him. He has also chosen not to ban him for using multiple aliases, something he has banned others for.

:confused:
 
I think CJ Booth is not working alone. I send the guy that is defending him a private message just to get some more information about his course. This message was written in Portuguese because the guy is Portuguese and the strange thing is that the guy was online several times but only get a message back about 3 days later. So maybe CJ Booth is logging in with his password and could not respond to it because it was written in Portuguese.

That was my first red flag.
 
You must log in or register to reply here.
Back
Top