mlm guru doug Allen thread closed. Why?

Quote from Champion:

Well sure, an old baldy scam artist dreaming of making it bigtime before he kicks the bucket. Absolutely sweet to f**k. And hes signed up 100 dummies who don't know their asshole from their elbow. LMAO
More...

Still curious what you think the scam is?

Like I said to Sushi, I'd like to invite you to be part of the group and report back to everybody what you think.

I'm not selling anything!! If you're actually a good trader you might get an account to trade.

Doug
 
Quote from brocklanders:

Do you care to explain what your "miracle" website asking for $260 is about? It promises to "easily earn $2500 - $5000 monthly" for a "one time investment". Sounds familiar to me and not in a good way.

Also, I reviewed your websites and you go out of your way to mix Christianity in with it. What does that have to do with your business anyway? Just curious.

It also strikes me as strange that you went to Mardi Gras after I started thinking about it. Were you there for the usual festivities or something more along these lines?
More...


I don't have a website selling any miracles for $260.... If I did I wouldn't be spending my time here. lol...

And I went to Mardi Gras for a conference. The first day we built a house for Habitat for Humanity, which was really cool. I'll post photos later if you want to see them. The other days we were with Keith Cunningham and Brian Mayne.

Next month I'll be in Fiji, and this summer I'm going to Haiti to lay the groundwork on building a medical center.

Like I said to others, I'd be happy to have you be part of the group I'm going to be working with and evaluating. The upside is you get an account to trade. The downside... you give me your email address???

Still not sure what you think the scam is.... :)

Doug
 
Quote from austinp:

Cautious is key to survival. Jaded is not. Someday an offer that seems too good may indeed be true.
More...

I'm still not sure what you think is too good to be true? Other people think what I'm doing isn't good enough for traders to be interested.

This is really nothing more than a business deal -the same type of deal that I got started with. I had a fund of funds give me trading authorization on one of their accounts. They wanted to control the money and see the daily balances and positions to evaluate their overall risk.

Is this really such an odd arrangement? Seriously, I don't see why anybody would think this is too good to be true. There are probably dozens of people here who have some sort of an edge that's scalable. Why WOULDN'T somebody with cash on hand want to partner with somebody with an edge?

What do you think the scam is??? I'm not asking anybody for anything. But at some point I needed to organize this because I couldn't keep answering 100's of PMs.

Doug
 
Quote from Doug Allen:

I don't have a website selling any miracles for $260.... If I did I wouldn't be spending my time here. lol...
More...

Really?? It is directly linked from your myspace page and has your picture at the top of it in front of some beach resort.
 
Quote from Champion:

Well sure, an old baldy scam artist dreaming of making it bigtime before he kicks the bucket. Absolutely sweet to f**k. And hes signed up 100 dummies who don't know their asshole from their elbow. LMAO
More...


LMAO back at ya....

You are right about the bald part. The part about the "dummies" is pathetically stupid. The "dummies" put their hat in the ring, and have enough confidence in themselves to know that they are not going to be "taken" by a scam artist. I mean, how stupid would you have to believe you are to not explore this offer because you're too scared that you're going to be taken advantage of?

Seriously, if you really think that you're that stupid that somebody is going to take advantage of you by offering a chance to trade their account, you're probably not smart enough to be a good trader anyway.

Not you personally, but I mean in general.

Doug
 
Quote from negativetrend:

Doug,

This is FROM YOUR MYSPACE PAGE, and it LOOKS LIKE YOU

http://www.todays260dollarmiracle.com/


How can you say this isnt you?

NT
More...

LOL.... my kids are going to love this. I admit, I do not look like Brad Pitt, or even Elijah Pitts, but please.... I am really not that goofy looking......lol.... god help me....

Sorry... that's not me.

Doug

PS... actually I'm NOT sorry that's not me.... thank GOD that's not me....
 
<i>"I'm still not sure what you think is too good to be true? Other people think what I'm doing isn't good enough for traders to be interested."</i>

I personally don't think anything... I don't know what to think, and I don't really care if you are honest & forthright or not. You've asked several people to take up your offer for open evaluation with no risk. OK... I'll take you up on that. Run me thru the process and I'll gladly give the full report here to anyone who asks.

There we go... an opportunity for you to clear up this entire misunderstanding. An opportunity for me to trade your $1mil OPM risk free, no downside if what you say is indeed fact. Consider me good for working the Russell 2000 emini futures (TF) with all the size blocks it can handle.

Looking forward to hearing from you, and likewise duly promise to report the unabashed truth on how it all unfolds from here.
 
Quote from negativetrend:

The issue is your reputation on the internet. You operate out of various mail drops arouond the country, are involved in MLM and internet marketing as you state on YOUR myspace page. THEN you deny this on elite trader and portend to be a money manager even when THERE IS NO EVIDENCE OF THIS other than your site. WHat are we suppose to think, the evidence is greatly against what you say.


you expect us to take you seriously after the tall tales and THIS:
http://www.myspace.com/dougallenbiz
NT
More...

Dude... that's not me!!! I have a mail box at the UPS store because I don't want loonies showing up at my house thinking I sold them a $260 miracle thing when it was a different bald dude! And my partner is in NJ and I didn't even realize his address was a MBE until today.

Most normal business people don't google somebody's mailing address and then do a street view to see the type of neighborhood a person has their mail box.

Seriously, I think you guys need to get out and interact with real humans more often...lol.

Doug

PS.... It's all good.... I have no anger or hard feelings towards anybody here. I'm coming from a place of contribution, and how I can help people, not hurt them. It would be easy to hit back with insults, but in my heart I know the attacks are coming from fear and pain. I'm not the smartest trader in the world, or the best fund manager, and I don't have all the answers to everything. I just thought this might be an out-of-the-box thing to try.
 
Quote from austinp:

OK... I'll take you up on that. Run me thru the process and I'll gladly give the full report here to anyone who asks.

There we go... an opportunity for you to clear up this entire misunderstanding. An opportunity for me to trade your $1mil OPM risk free, no downside if what you say is indeed fact. Consider me good for working the Russell 2000 emini futures (TF) with all the size blocks it can handle.

Looking forward to hearing from you, and likewise duly promise to report the unabashed truth on how it all unfolds from here. [/B]
More...

Hi Austin,

Cool.... I will gladly have you be part of the process. Did you fill out the form? I know it's a hokey, amateurish web page but I needed something to organize the people who are interested. It's here in case you missed it:

http://www.lookingfortrader.com

In fact I'd love for you to be part of the process because you're attitude is exactly what I believe a great trader needs. You see things as they are -not what you want them to be or what you fear them to be.

That said, I'm not sure where people got the idea that I'm going to fund a $1 mm account initially. I might have used $1 mm to give an example for calculating the numbers. We haven't decided on the allocations yet. It's going to depend on the historic equity curve of each trader and how it relates to the overall portfolio that we already have.

And just to be clear on this point: the biggest challenge we face is this environment of people like Bernie Madoff running off with money, etc. Nobody is eager to put money into somebody else's hedge fund. 95% of my family's money is in this fund, and I would much rather have somebody trade an account that I control and give up a few points of return rather than have the money in somebody's fund.

Hope that makes sense.

Doug
 
You must log in or register to reply here.
Back
Top