Let's Play the US Markets

This is a discussion on Let's Play the US Markets within the Trading Journals forums, part of the Reception category; Originally Posted by barjon Now just hang on a minute, toastie. Let's just review what we've got here: 1. The ...

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Old Dec 11, 2010, 5:10pm   #33
 
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Re: Let's Play the US Markets

Quote:
Originally Posted by barjon View Post
Now just hang on a minute, toastie.

Let's just review what we've got here:

1. The OP starts a journal to record his purported learning journey.

2. In his opening post he sets out his objectives and it links to a separate blog.

3. That blog is very professional, but has some interesting content and is relatively harmless since it carries no advertising. Nonetheless the OP is warned against putting that link in posts.

4. It does, however, carry the statement "My name is Nick Elliott. I started working for an organisation called Tradenet who teach people to trade on the US markets. I’ve been here for 2 months now and I thought I’d better get involved and actually see if what they are teaching is actually 1: Achievable and 2: A genuine way to make..."

5. Thus, there is the suspicion that the whole exercise is a device to puff the services of Tradenet. Whilst that may well be the case there has been no advertising of those services and as I said before we tolerate vendors as long as their posts are informative and useful to members (in relation to trading) and as long as they do not advertise their services. Nonetheless the OP has been required to register as a vendor in order that members know there is background commercial interest.

6. So, as yet, there has been no significant breach of our guidelines.

7. There are many useful and informative posts on T2W made by vendors and I dare say most of them have the interests of the vendors' commercial interest in the background.

So why not just let the OP get on with it and see what he contributes. Again, as I said before, if it turns out merely to be puffing a commercial service then it won't last long.

cheers

jon
Like I say Jon - the blog IS an advert.

I bet you drink Evian.

You might want to put view a bottle in the mirror before you buy the next case.
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Old Dec 11, 2010, 5:11pm   #34
 
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Re: Let's Play the US Markets

Quote:
Originally Posted by wackypete2 View Post
Did I miss something? I found this:
LMAO !!!!

Click the image to open in full size.

Move along - nothing to see here...

Just a senior sales exec at a scam firm with his blog set up by their Head of Online Marketing.

All will be above board, I'm sure.

As Jon says - other than being dishonest, they have done nothing wrong...
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Last edited by DionysusToast; Dec 11, 2010 at 5:19pm.
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Old Dec 11, 2010, 5:51pm   #35
 
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Re: Let's Play the US Markets

Quote:
Originally Posted by DionysusToast View Post

............As Jon says - other than being dishonest, they have done nothing wrong...

Blimey, toastie, you are a purist

The boards would look pretty bare if everyone with some kind of background commercial interest (vendor or not) and anyone who told a porkie were excluded. Might be only you left

jon
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Old Dec 11, 2010, 5:59pm   #36
 
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Re: Let's Play the US Markets

Good point. Well made.

I reckon I'd be first out the door....

At least you don't ban us who decide to critique these fellas
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Old Dec 11, 2010, 7:05pm   #37
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Re: Let's Play the US Markets

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Originally Posted by tomorton View Post
Does the site provide a guide to members, especially newbies, on the sort of credentials, references, account records etc. that a potential customer should look out for in taking up an advertised service?
Hi Tom,
This is a work in progress.

At the moment, there is a note about vendors in the Essentials Of First Steps Sticky (see 'Trading Vendors' at the foot of post #2). There are sections entitled 'Scams' and 'How To Avoid the Rogues & Find the Pros' respectively in the FAQ Can you Recommend a (Forex) Alert Service? (See post #2 - the 'Long Answer'.) The main FAQ which will address the whole issue head on as it were and entitled 'Can you Recommend a Trading Course, Coach or Mentor?' is still being written (by me). When it's complete and I've posted it - I'm confident that T2W will be able to answer your question with a resounding 'yes'!

As always, ideas about what the FAQ should include and any links to sites that help with background checks etc. are very welcome.
Tim.
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Old Dec 11, 2010, 7:16pm   #38
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Re: Let's Play the US Markets

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Originally Posted by timsk View Post
As always, ideas about what the FAQ should include and any links to sites that help with background checks etc. are very welcome.
Tim.
1. http://whois.domaintools.com/
2. http://wck2.companieshouse.gov.uk/c4...essCompanyInfo for UK companies
3. Google street view
4. http://www.sec.gov/edgar/searchedgar/companysearch.html for US companies
5. http://www.pacer.gov/ for US Court cases including bankruptcy (subscription required, I have one if anyone needs to get something)
6. https://www.ebundesanzeiger.de/ebanz...arch_start&=eb for German companies
7. http://www.finra.org/Investors/Tools...s/BrokerCheck/
8. Common sense, actually that should be first, it would probably catch 90% of scams.
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Old Dec 11, 2010, 7:27pm   #39
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Re: Let's Play the US Markets

...and any advert that contains any combination of the following words or phrases is immediately declared a scam without further investigation.

Forex, millionaire, secrets, 12,000 pips, just 10 minutes a day, free EA, Vince, Secker, free forex seminar, I'm a hedge fund manager,

Likewise any with photos of Ferraris, yachts in Monaco or this guy dont need any more work.
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Old Dec 11, 2010, 11:23pm   #40
 
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Re: Let's Play the US Markets

I think it would simply be best if we all let the OP at least start his thread as he intended to. If at any time, there is evidence of suspicious activity, I am sure the mods will act swiftly in banning him.

The very nature of his journal allows us to see whether his intentions on T2W are pure, or simply a cover for a marketing scam. In the case of the latter, I am sure the mods will act swiftly in removing him.

To the OP: the reason why you are observing such hostility is because there's nothing more honest members of T2W hate more than a failed trader trying to scam newbies in a brand new, get-rich-quick scheme. If that is your hidden motive, then don't bother wasting your time posting here.

However, if you sincerely wish to learn and add some much-needed value to T2W, then welcome.
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