All Failed Traders should become Vendors!!

donaldduke

Experienced member
1,665 251
Being a trading vendor (ie a trading coach, seminar seller, system seller, chat room operator etc) is easier than being a profitable trader.

And the money seems to be quite good.

I mean if you can get 100 clients a year at £1000 a head, or just 80 clients at £100 a head per month, that is 100K and good money for 99% of the population.

Even if you only make half that much, it is still a good living.

And if you are really good and can organise big vending events you can become rich.

Trading is very hard work and the results are not guaranteed.

The only skills required to being a good Vendor are:

1. A bit of trading and market knowledge.
This can be gained in six months of hanging around trading forums, reading books, and blowing a few small trading accounts.

2. The other requirement is being a good bullsh1tter. (Posting winning trades in hindsight is one example of the tactic used)

Having a profitable track doesn’t seem to be a requirement to make money in the vending business. Although if you had a profitable three month period anytime in the last couple of years you can use that in your marketing

So to all of you who have given trading a good go and are about to give up :(

Dont let all that experience go to waste :)

Become a Vendor!!!!

:clap::clap::clap:


Personally, I am a profitable trader. Profitable Day trading is very hard work and i can do without the distractions of being a vendor, even though i would probably be a very good one.
 
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Black Swan

Legendary member
5,613 833
I'm not that sure it is that good a biz model though DD, not sure the demand is there anymore, I'm not noticing anywhere near the volume of out of the box strap on dildo systems that were available even this time last year. I reckon it's (our overall retail industry) reached saturation point and I wouldn't be surprised if our numbers are quietly collapsing. I've seen member numbers as low as 120 on T2W during the day, apparently (back in the day) it's been as high as 5,000..

Dante only had 14 scuzzies when last questioned and the way the TEC guys kicked off over a couple of hundred quid I'd suggest spec money is very tight and precious atm.

I still think there are gaps for training if done right, for example could we not all suggest the exact requirements we'd demand from a trainer and or call service and if it met our exacting criteria we may recommend it? Problem is to set that up correctly takes money beyond the 50 quid retarded sites and set ups we normally witness..
 

shadowninja

Legendary member
5,524 642
I'm waiting for the first vendor to be sued after a client loses then they find out their disclaimer that they copied from someone else wasn't legally verified by a lawyer. And then the fun begins. :D
 

JahDave

Experienced member
1,563 28
Being a trading vendor (ie a trading coach, seminar seller, system seller, chat room operator etc) is easier than being a profitable trader.

And the money seems to be quite good.

I mean if you can get 100 clients a year at £1000 a head, or 500 clients at £200 a head, that is good money for 99% of the population.

Even if you only make half that much, it is still a good living.

And if you are really good and can organise big vending events you can become rich.

Trading is very hard work and the results are not guaranteed.

The only skills required to being a good Vendor are:

1. A bit of trading and market knowledge.
This can be gained in six months of hanging around trading forums, reading books, and blowing a few small trading accounts.

2. The other requirement is being a good bullsh1tter. (Posting winning trades in hindsight is one example of the tactic used)

Having a profitable track doesn’t seem to be a requirement to make money in the vending business. Although if you had a profitable three month period anytime in the last couple of years you can use that in your marketing

Personally, I am a profitable trader. Profitable Day trading is very hard work and i can do without the distractions of being a vendor, even though i would probably be a very good one.

Although i don't like vendors, i have come to realize that they are not going away, so i think we need more of them.. that way the vending market becomes even more saturated and they end up eating each others lunches.

So to all of you who have given trading a good go and are about to give up :(

Dont let all that experience go to waste :)

Become a Vendor!!!!

:clap::clap::clap:
If you can't trade profitably on a regular basis then you can't teach anyone else to be successful.............
 

robster970

Veteren member
4,566 1,389
Is there a correlation between number of vendors/number of new retail entrants and the economic cycle?
 

Tenapenny

Experienced member
1,005 46
Is there a correlation between number of vendors/number of new retail entrants and the economic cycle?
I wouldn't be surprised if that were the case. In desperate times, desperate people are far more gullible to bullsh1t just to "earn" some money.
 

meanreversion

Senior member
3,398 535
Why is everyone so anti-vendor on this site. If it's so easy, do it yourself and earn £100k a year on the side. I would imagine it's more difficult than you think.

Now, just to pre-empt the inevitable 'all vendors are scam artists' comments, the truth is that SOME of them actually do want their clients to make money (shock horror). And they probably approach it as business, which is what it is.
 

arabianights

Legendary member
6,725 1,377
I know a failed vendor who became a trader though, so it can't be that easy :LOL:

p.s. 50k is not a good living in London. In the north it's a good living, for sure...