mlm guru doug Allen thread closed. Why?

Quote from cabletrader:

Maybe you could share some of those trading results with us seeing as you have less than zero credibility at the moment.
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Let's shine a light on the big picture here...

I'm the one looking for a trader, why would I need to post my trading results? Why would you care what my trading results were as long as I gave you money to trade?

I came here with money to invest looking for traders. Unless a person's either a complete idiot, or a lousy trader, there is ZERO to gain by insulting me in any way. At worst, anybody who's a good trader with an ounce of sense would be professional and respectful of a potential investor.

Trading is about identifying high reward, low risk opportunities. You have zero to gain by insulting me. I'd be curious to hear you explain any logic to why you'd risk alienating a potential investor that could help you make more money with zero risk?

Doug
 
Quote from Doug Allen:

Let's shine a light on the big picture here...

I'm the one looking for a trader, why would I need to post my trading results? Why would you care what my trading results were as long as I gave you money to trade?

I came here with money to invest looking for traders. Unless a person's either a complete idiot, or a lousy trader, there is ZERO to gain by insulting me in any way. At worst, anybody who's a good trader with an ounce of sense would be professional and respectful of a potential investor.

Trading is about identifying high reward, low risk opportunities. You have zero to gain by insulting me. I'd be curious to hear you explain any logic to why you'd risk alienating a potential investor that could help you make more money with zero risk?

Doug
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3 weeks on and 90 posts later you're still banging out the same well-worn phrases. So far it's all been talk and no action, and certainly nothing tangible to show you're anything more than just another failed wannabe out to fleece the gullible in some way.

It's wearing a bit thin now, you're going to have to come up with a new line pretty soon otherwise you're in danger of losing your audience.

You could start by answering some of the direct questions people have asked, or would that be too awkward?
 
Quote from Doug Allen:



I'm the one looking for a trader

I came here with money to invest looking for traders.
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So you say, but there's absolutely no evidence of that, you have zero credibility.

Hey listen, you be whatever you want to be, after all this is the internet where anyone can live out their fantasies in a virtual world!

I'm a multi-billionaire international playboy.....see, easy ain't it :p
 
Quote from cabletrader:

3 weeks on and 90 posts later you're still banging out the same well-worn phrases. So far it's all been talk and no action, and certainly nothing tangible to show you're anything more than just another failed wannabe out to fleece the gullible in some way.

It's wearing a bit thin now, you're going to have to come up with a new line pretty soon otherwise you're in danger of losing your audience.

You could start by answering some of the direct questions people have asked, or would that be too awkward?
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Here's a simple solution for you... if you don't like what I'm doing just stay away from the thread. I'm the one with the money to invest -I don't need to be told how to go about my business by wannabe traders. I'm not here to work on your timetable.

Seriously, do you even read the crap you write? Last I checked there aren't a lot of guys here looking for traders to give money to, but there are hundreds of traders who would love to have somebody fund a trading account for them.

And the sad part is it's not enough for you to insult me. You need to insult the other members of ET who are smart enough to at least act professionally and entertain the possibility that this might be a great opportunity.

What exactly are you trying to accomplish by posting here? My goal is to develop a business relationship with traders that will be mutually beneficial. What's your goal?
 
Quote from Doug Allen:

I have money to invest.

I'm the one looking for a trader

I'm the one with the money to invest
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So you keep telling us, over and over and over ad nauseum for the past 3 weeks and 90 posts......so far nothing tangible to suggest you're anything more than just another failed wannabe out to fleece the gullible in some way.



Quote from Doug Allen:

You have zero to gain by insulting me. I'd be curious to hear you explain any logic to why you'd risk alienating a potential investor
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I don't think I'm insulting you but either way I'm still on your list so if a genuine opportunity really does exist I'm still in the running. I'll tell you what I think you want to hear, I'll be subservient, heck I'll even call you God, but on here I can say what I really think without any risk of 'alienating a potential investor'...if that is what you really are!
 
Quote from Doug Allen:

It's really very simple.

I have money to invest. I don't want to put it into another hedge fund where there's no transparency. I'm interested in finding undiscovered traders who might be able to trade the money in a managed account. If I do find a trader or two, I'm going to make available Patty to give them 1-on-1 coaching if it makes sense.
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doug,

I am going to work with you to clean up your presentation, which quite frankly is most unattractive in it's current format.

The first step is to get you up and out of the hole you seemed to have dug for yourself doug.

Now let us take the above statement of yours and freshen it up by adding commitment to it.

Here we go ....
"I have twenty million US dollars to invest. I don't want to put it into any hedge fund where there's no transparency.
I am interested to find undiscovered Traders who might be able to trade parcels of the money in a managed account.
When I find these Traders, I will make available 1-on-1 coaching by Patty DeMartin.
Any and all start-up fees including Patty's fees will be met by myself.
At no time will the Traders be required to met any fees (including Patty's fees) either directly or by way of garnishing.

Yours sincerely
Doug"

I feel confident that a positive commitment along these lines will remove you from the hole that you have dug for yourself doug.

regards
f9
 
Quote from Doug Allen:

Last I checked there aren't a lot of guys here looking for traders to give money to, but there are hundreds of traders who would love to have somebody fund a trading account for them.
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If as you say 'there are hundreds of traders who would love to have somebody fund a trading account for them' then all they need to do is get some exposure (assuming they're consistently profitable of course!). There's an awful lot of money around looking for a resonable return especially now that more traditional investments are returning so little.

Rather than having one large account, in my opinion it's better to have numerous medium/small sized ones. Although it takes a little extra work to administer multiple accounts over a single client account the upside is that not all the traders eggs are in one basket, and it also means there are multiple (hopefully satisfied) clients spreading the word which leads to more clients, more referrals, more clients etc etc. If the trader is good at his job then it doesn't take long to build up a good reputation and a decent sized fund.

Money isn't in short supply but investment vehicles which produce a decent return, and traders capable of trading them, are. It should be a two way street where neither the client nor the trader has the upper hand, it's a mutually beneficial arrangement.

You're trying to come across as some sort of rare big-cheese benefactor offering to make everyone's dreams come true and that (as well as mentioning training in every other post) is what makes your whole pitch so unbelievable, and if you don't mind me saying just a little naive for a supposedly seasoned trader and investor.

Time will tell but the cracks are beginning to appear in this story.
 
Quote from cabletrader:

and if you don't mind me saying just a little naive for a supposedly seasoned trader and investor.

Time will tell but the cracks are beginning to appear in this story.
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exactamente CT.

That is why I am suggesting we folks here at ET extend a little of the famous ET hospitality and help old doug out of the hole he has dug.

Wait a minute, I can feel a book title coming on........

"The hole that doug dug"

regards
f9
 
Quote from fearless9:

exactamente CT.

That is why I am suggesting we folks here at ET extend a little of the famous ET hospitality and help old doug out of the hole he has dug.

Wait a minute, I can feel a book title coming on........

"The hole that doug dug"

regards
f9
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lol, a best seller for sure!

I agree, we need to try and help the more challenged individuals in our community.



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