Why waste your time?

Forget carpentry

Go for electrical,plumbing or hvac where licensing keeps the illegal labor from dropping the labor price

$100 an hour on your on

Build a business with 5 employees under you and bill $100 hour while paying them $40

There are lots of good options.
 
Forget carpentry

Go for electrical,plumbing or hvac where licensing keeps the illegal labor from dropping the labor price

$100 an hour on your on

Build a business with 5 employees under you and bill $100 hour while paying them $40
What's wrong with dropping the labor price? Don't you like to save money? "Legal labor" is just a way to keep the prices high, forcing the people to pay it and who gets this money? Government! For what? For doing more stupid s##t, like more regulations for labor...:D
 
Larry Williams showed one of his systems during a workshop, reported by someone who attended the show, that reached almost 100% wining probability


He did.

Frequently.

The problem tended to be that when other people either invested in them, or tried to trade them themselves, they couldn't get anywhere close to duplicating what was claimed and had apparently been "demonstrated" (apparently was the key word).

So much so that the NFA fined him. He hadn't reported to potential clients that, while his own personal account was very profitable (a gain of over $900,000 in 1987), his managed accounts for clients had actually lost over $6,000,000. According to the NFA, unsurprisingly enough, this constituted "deceptive and unbalanced promotional material and disclosure statements".

The following year, the Larry Williams Financial Strategy Fund was launched, followed in the year after that by the World Cup Championship Fund, managed by Larry Williams and three others. The 1988 fund lost more than 50% of its clients' equity in barely a year, and the 1989 fund also lost more than half of its original equity by May 1990.


Of course you don't expect those people to broadcast their systems.


Actually - since you picked Larry Williams as an example - I do expect "those people" to broadcast their systems, and to "demonstrate" them - loudly, clearly and repeatedly: that's exactly what I expect them to do.

Call me a skepchick, but I just don't expect anyone else to be able to make any money from them. :p
 
He did.
Frequently.
The problem tended to be that when other people either invested in them, or tried to trade them themselves, they couldn't get anywhere close to duplicating what was claimed and had apparently been "demonstrated" (apparently was the key word).
So much so that the NFA fined him. He hadn't reported to potential clients that, while his own personal account was very profitable (a gain of over $900,000 in 1987), his managed accounts for clients had actually lost over $6,000,000. According to the NFA, unsurprisingly enough, this constituted "deceptive and unbalanced promotional material and disclosure statements".
The following year, the Larry Williams Financial Strategy Fund was launched, followed in the year after that by the World Cup Championship Fund, managed by Larry Williams and three others. The 1988 fund lost more than 50% of its clients' equity in barely a year, and the 1989 fund also lost more than half of its original equity by May 1990.
Actually - since you picked Larry Williams as an example - I do expect "those people" to broadcast their systems, and to "demonstrate" them - loudly, clearly and repeatedly: that's exactly what I expect them to do.
Call me a skepchick, but I just don't expect anyone else to be able to make any money from them. :p
Good to see you back posting Xela.
 
The sad cases are those who lose, fail and come to the erroneous conclusion that it can't be done, PA doesn't work, markets are random, only the bigs win, HFT etc bla bla bla, then yes you wasted your time, you learned nothing.
Ain't that the truth!!
And if the trolls could get this through their heads, they'd stop trolling, because they'd be too busy making money!
 
Back
Top