Recent content by AlexGreen

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    Boiler Room Scams

    There needs to be because the people who keep getting ripped off have to be told in stern language what they have done wrong and why they will continue to lose money if they continue to believe what the scammers tell them. The scammers are always 'nice and charming' whereas some people on this...
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    Boiler Room Scams

    These 'companies' always seem to be 'in talks' don't they. My bet is that this time next year the talks will still be 'ongoing' but they will look 'very promising'. Then in 2012 they'll be 'almost there', just a little bit more 'due diligence' to be done. 2012 ends and 2013 starts so what...
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    Boiler Room Scams

    I thought April 1st had been and gone :) Guess the good guys on this thread will be shaking in their boots at the thought of being called and cross-examined by your 'Attorneys'. But wil they be real lawyers or fake ones :)
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    Boiler Room Scams

    Charlo Sorry to be rude (but it's for your own financial safety). The reason they're calling you is because they have you down as a mark, ie someone who easily falls for scammers thinking they can get rich easy and quick. Trouble is you haven't learned your lesson and are still very much a...
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    Boiler Room Scams

    Yes, but what they won't be able to do is fake their link profile. Use this Google search - link:thedomainname.com It will pull up who's linking to them and chances are you'll either see nobody or a load of crappy ezine.com type articles or fake press releases and that will be a massive red...
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    Boiler Room Scams

    True, but they can't dissappear and steal your money. But what it does prove is if you don't really know what you're doing stay away from the stockmarket and any other type of investment.
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    Boiler Room Scams

    Viva Also learn not to trust people until they've proven themselves especially those who tell you they can make you money. Just because someone says they're registered by the FSA or have Goldman Sachs as investors doesn't mean it's true. Sure, they might be telling you the truth but learn to...
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    Career Advice

    Have you considered the fact that you're probably a high stakes gambler and not a trader? 20%-30% monthly returns are generally impossible without taking huge risks which in turn means the probability of you going broke over and over again is almost 1, if not 1. My advice is simple especially...
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    What is the best forex robot available and do you recommend?

    So true. But then the best Robot you can buy buy will always be the one that loses you the least :) Sure, you might make money in the short term but overtime it's almost guaranteed that you'll lose. Sorry to be the bearer of bad news everyone but it's only common sense if you think about...
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    Boiler Room Scams

    Viva Sorry but I would think you've been scammed because you sent money to Hong Kong. In future only deal with UK based regulated brokers where their bank accounts are located in London and with the same name as the broker. So if the Broker is called 'Simmons Stockbrokers' the bank account at...
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    Boiler Room Scams

    It's a probability thing Exp. Basically if 100 people cold call you about investing in the stockmarket it's odd-on they want to use your money to make themselves money first and then you second. Of course, if they're scammers then all they want to do is steal your cash. Also, the other main...
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    Boiler Room Scams

    Swark Sorry but nobody knows point 2 better than me because I'm not going to believe a word anyone says until I've researched the company and market in question. For example, some (legit) penny stock broker calls me up saying 'you should buy 'Soverign Gold Inc.' I'll listen to what they say...
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    Boiler Room Scams

    Everyone makes some good point and no I don't believe the fella was being snyde. But it does prove 2 things - 1) The importance of independendent research into who you're dealing with 2) The importance of understanding what you're actually buying. For example, can you read a balance sheet, do...
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    cost of spread bets

    Take the difference between the bid-offer spread. It's as simple as that. Plus any slippage.
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    Biggest Trading Mistakes.

    I think another big one is trading with too much size. Many people, especially those new to the game want to make 100%, 200% maybe even more per year. But to do that you've (normally always) got to take on a lot of risk. And a lot of risk means large losses if you get the trade or trades...
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