i'm new here, Baron is the Skipper of this ship, right?
If you bums don't like it walk the friggen plank. Hey Baron, if you want to release the addresses of some of these Snapperheads, I know some guys who could pay them a visit.
Sponsor Bashing
- Thread starter Bitstream
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If you bums don't like it walk the friggen plank. Hey Baron, if you want to release the addresses of some of these Snapperheads, I know some guys who could pay them a visit.
i agree 100% with you. there is WAY more to life than the markets/trading. there are many hyper succesful hedge fund managers/traders who also have multiple businesses on the side. todd harrison and jim cramer first pop into my mind. there is nothing wrong with running a business along with trading--whether its publishing, real estate, or whatever.
nice analogy with michael jordan!
surfer
I think the problem is this. Sure, there are a few advisory services that are legit. Let's say 1 in 25, just to be generous. So if 4% of all advisory services are legit, that means 96% are not. Now, let's take the services that advertise here on ET. Does Baron vet these services in order to up that percentage - are they screened in such a way that we can expect more than 4% of them might be legit? I'm not sure. The fact is that some of the advisory services that advertise here are essentially useless; at least we can reasonably expect that this is the case.
However, those who question Baron still have no argument, because trading is all about personal responsibility. It is up to the trader to make sure that they are not subscribing to a scam service. It is not up top Baron to provide you with a guarantee that all the services that advertise here are legit. Baron is running a business, not a charity. If he finds out that a service is a scam, there is no doubt that he would end his business relationship with the people in question. In the end, is there any such thing as a 'scam' advisory service'? Maybe, but most aren't. There are simply a lot of them that suck. That's not the same thing as being a scam. If the advisor is claiming 150K a day in profits, then ok. I am not sure if the advisor that was claiming this, the one mentioned earlier in this thread, was a paid advertiser here. If he was... I would be surprised.
I do not speak for ET
But they need the sponsors....they need the posters...
There is a balance here for ET and Baron to make money and continue...
Deal with it and work it out....
Barron publications have not praised ET for no reason at all...
This Forum is the best on the net and where I spend hundreds of hours reading, skimming...and lol yes! posting
Michael B.
But they need the sponsors....they need the posters...
There is a balance here for ET and Baron to make money and continue...
Deal with it and work it out....
Barron publications have not praised ET for no reason at all...
This Forum is the best on the net and where I spend hundreds of hours reading, skimming...and lol yes! posting
Michael B.
Quote from NihabaAshi:
You must be visiting another forum on a different planet.
I've seen many sponsors, including one particular thread you participated heavily in...
The sponsor was on the receiving end of personal attacks, abusive language, name calling, racist remarks et cetera all nicely said among comments where others had legitimate questions about the sponsor's credibility.
What amazes me is the denial by so many traders that these types of comments either never occurred or was just having some fun so please ignore my comments long after the fact.
If you (bitstream) didn't see those comments in the Franz thread you participated in...that's one thing.
However, I'm going to go out on the limb and state that you did see those comments.
In my opinion, anyone that makes racist remarks, personal attacks that has nothing to do with trading and anything else along that line should recieve an automatic ban.
uh, there was ONE, only 1 particular poster that was offensive towards da guy and that post was promptly deleted...other posts might have contained some sarcasm'n'incredulity, but i think that's far enough given that it happens all da time here on et and also given da reputation of vendors as a whole
No discussion, no warnings...just banned and if the thread is too long to edit...
Delete the entire thread to prevent any possible litigation by some bored lawyer trying to get his law firm in Barron's or Wall Street journal via an obvious paper trail in some of these threads.
Baron needs to be very aggressive about such types of thread deletions.
Then maybe we will truly have some threads questioning sponsors creditability by traders that had first hand experience with the sponsor so that the thread can stand on its own two feet and not be impotent by all that other crap that takes too long to edit.
Something else...not to understand a trader's need or a vendor/trader need to make more money is odd.
Geesh...you sound like someone that has never had two jobs at the same time or never owned two businesses at the same time.
Someone please tell Michael Jordan to dump all those businesses he has on the side (commercials, restaurants, part owner in a tennis club, part owner in a hair salon, part owner of a basketball team, played minor league baseball et cetera)...
He's made millions from basketball...he doesn't need that crap.
your comparison has no place here, takin' part into ads is not considered a bad thing to do, sellin' systems is, and for u info im deeply involved in 2 ventures meself but da nature of da biz allows me to have as much time as i wish to dedicate to tradin' and was somethin' that have been in my family for generations....it wasn't somethin' i suddenly thought of after i started tradin' [and after i begun to make money, ror] and funny enough it has nothin' to do with it....
In my opinion...that's how you truly compound and exploit what ever it is that your doing.
of course u can make money, that's why they all do it...much easier prayin' on other people money than takin' risks and concentrate all day long in front of da screen.
Where does it say you can only compound your money via one way only???
nobody ever said that...but da fact they consciously chose to exploit a branch of this biz that is considered rotten to da core makes me'n'many other deeply suspicious.
if u have some standards u don't become a vendor, full stop.
Now...back to the issue of Sponsor Bashing.
Bashing via racist remarks, personal attacks, name calling et cetera is wrong no matter how much you try to cover it up with good comments by those that have first hand experience with the sponsor.
Such unprofessional comments MUST BE CENSOR or else ET may find itself in court defending members that shouldn't be defended.
again, ror, there was one, max 2 posters offensive towards da guy...all da other fellas were just questionin' outrageous claims'n'odd behavior in da site.
Have you guys forgot the recent threads in feedback by traders complaining about why their personal attack comments got deleted while another traders racist comments was allowed to stay???
wish i care but i don't and got little to do with da matter at hand...it was a 1 off as i said earlier.
This is sensitive stuff, things at one point got way out of hand and just because someone becomes a sponsor doesn't make it excusable behavior and prompts more feedback threads.
Also, those that didn't make such type of comments and pretend it didn't happen...
bs, u are exaggeratin' things...see previous reply.
Are just as guilty and all of these traders take away the quality comments by other members along with helping ET become an eyesore on some trading days.
bs again, we tryin' to keep da place clean and make an effort for this site not to become like trade2win where things are so bad in this regard one of da administrators is a vendor as well.
Here's my suggestion...
EliteTrader.com should split itself.
One side is for members that paid to be members, their real names are shown along with their IP address along with sending Baron a signed letter stating he is not responsible for their comments.
These traders will not see any sponsors ads nor are sponsors allowed on that side of town sort'uv speak.
However, these traders are allowed to bash sponsors via racist remarks, personal attacks, name calling, abusive language et cetera.
Lawyers and regulatory authorities are highly encourage to join this side of town.
(Baron keeps all other info private like home phone numbers, home address, social security number until he receives a court order to cough up the info)
Those that decide to participate on the other side of town via not paying to be a member...
Must not post racist remarks, personal attacks, name calling, abusive language nor pretend such doesn't occur...
If they do...they are BANNED.
The above seems fair to me.
Think about it...what will make the front page news...
* Lawyer suing Baron about deflamatory or racist remarks by his ET members.
* Lawyer represents trader that lost a few thousand dollars after being scammed by some sponsor.
I bet one of the above Baron cannot afford if such happens and the media will have a field day with one of the above if such occurred (guess which one I'm talking about).
Once again...I don't have a problem with legitimate questions about a sponsors credibility.
I just have a problem with that other stuff and a problem with those that pretend it doesn't happen.
Mark
k, listen u keep referrin' to racist remarks; that happened only ONCE and im not here to find a solution for vendors, i only think et should not be a safe heaven for them, they have a bad reputation for a good reason and members could very well suffer cuz of that...well, some already did. and u should be already very much aware they won't help u become successful for a variety of reasons...if u don't believe that u are in denial. legitimate sponsors are brokers and software providers not system sellers.
have a good week-end
The above is your reply to Baron that prompt my initial reply to you in this thread.
You now said the following in your reply to my reply to you...
Ok...the contradiction is obvious in your above intial reply to Baron and your reply to me.
Had you not stated what you said in your inital reply to Baron that nobody bashes anyone here...
I would have never made that long winded message explaining to you that there was inappropriate comments that you've now agreed such has occurred although I have different stats on the total numbers versus your stats of the total numbers.
I counted a total of 17 abusive posts over 3 particular threads towards one sponsor alone in reference to Franz.
3 of those posts were deleted by either the moderator or the author himself.
Yes...of those 17 abusive posts...one of them was a racist remark that was supported by 2 other ET members.
Baron makes the rules...not you.
Your method of cleaning is not only inappropriate...it stands on contradiction.
In one post you say elsewhere that all vendors are bs.
Then you state elsewhere that Linda has some good material.
Don't misunderstand...you have the right to your opinions and I too agree with you that there are bad vendors out there.
There are also some good vendors out there.
However, based upon your approach to vendor bashing and your initial denial of the occurence of inappropriate comments...
Baron quote saids it nicely and will be my last remark on such in this thread.
oh my gawd..if these replys continue I will need a bigger monitor!!
>> Each new sponsor should be
>> considered credible and treated
>> respect by all members until that
>> sponsor does something to lose
>> that credibility.
First off...
The fact that I have not been banned or even warned by Baron for speaking freely...
** Is a tribute to his real commitment to Free Speech **...
Although necessarily balanced by the realities of running a web site as a BUSINESS.
On the other hand...
The above statement is unsupportable...
Because a sophisticated trader with a high level math background...
Can often dismiss a tout out-of-hand ** in minutes ** due to fallacious underlying methodology.
Also...
Expecting people to moniter picks for 6 weeks or whatever...
Before passing judgement is completely impractical...
Especially since the classic tout methodology is to flood the world with picks...
And bank on milking the small subset of clients that get a series of winning picks simply buy chance.
Regardless...
I'm going to stay away from "sponsors"...
Because this place does provide a lot of useful information for professional traders...
And the only ones getting hurt are the lambs...
Who would blow their brains out one way or another anyway.
Best wishes, Baron.
I think you have found the right balance at ET.
rm+
>> considered credible and treated
>> respect by all members until that
>> sponsor does something to lose
>> that credibility.
First off...
The fact that I have not been banned or even warned by Baron for speaking freely...
** Is a tribute to his real commitment to Free Speech **...
Although necessarily balanced by the realities of running a web site as a BUSINESS.
On the other hand...
The above statement is unsupportable...
Because a sophisticated trader with a high level math background...
Can often dismiss a tout out-of-hand ** in minutes ** due to fallacious underlying methodology.
Also...
Expecting people to moniter picks for 6 weeks or whatever...
Before passing judgement is completely impractical...
Especially since the classic tout methodology is to flood the world with picks...
And bank on milking the small subset of clients that get a series of winning picks simply buy chance.
Regardless...
I'm going to stay away from "sponsors"...
Because this place does provide a lot of useful information for professional traders...
And the only ones getting hurt are the lambs...
Who would blow their brains out one way or another anyway.
Best wishes, Baron.
I think you have found the right balance at ET.
rm+
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