piggybridges
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city index trading academy
- Thread starter piggybridges
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M
malaguti
just marketing for city index...I wont be looking to mimic whatever their strategies are, but I bet they hope hundreds will
Seems they've copied the Baghdady experiment, hope it doesnt end up the same way.
Lord Flasheart
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what amazing rubbish.One of the eight is sure to make money giving them and the academy a good name
Vasco da Banana
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Overall, it looks like they're doing far worse than if they'd entered random trades. This should be a great source of inspiration and lulz.
Maybe a typo on their part. They have a history of reporting mistakes.
FSA fines spread bet broker £490,000 for transaction reporting failures
donaldduke
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lol.. these guys are over day trading the FTSE from a spread bet account.. been there done that.. lol.
i thought City Index may fix it so at least one person makes a respectable return.. they still might do that.. but its not going to end well if they continue to over trade like this.
Is it going to be the case of the guy who loses the least takes home the 100K? In which case a sensible strategy might just be to stay as close to break even until the end.
i thought City Index may fix it so at least one person makes a respectable return.. they still might do that.. but its not going to end well if they continue to over trade like this.
Is it going to be the case of the guy who loses the least takes home the 100K? In which case a sensible strategy might just be to stay as close to break even until the end.
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L
Liquid validity
ahh, fuel for the roflcopter 
Probably all went a but mad at the weekend spending their winnings.
donaldduke
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ZEN archer
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One of those companies I wouldn't touch with a barge pole
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Hoggums
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Maybe they've all stopped trading because they realise the only way they are going win is not to trade.
Personally I can't believe they'd even try this. Any experienced trader would know you can't teach newbies to trade successfully in such a short time. Perhaps if they took on 1000 candidates then a few would make a lot of money - by chance. But only 8 - pretty low odds in my opinion.
You can't replace the experience of making mistakes, taking losses and witnessing live price action first hand that seems to be moving in defiance of common sense.
I think city index could come out of this looking pretty bad.
Personally I can't believe they'd even try this. Any experienced trader would know you can't teach newbies to trade successfully in such a short time. Perhaps if they took on 1000 candidates then a few would make a lot of money - by chance. But only 8 - pretty low odds in my opinion.
You can't replace the experience of making mistakes, taking losses and witnessing live price action first hand that seems to be moving in defiance of common sense.
I think city index could come out of this looking pretty bad.
counter_violent
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Maybe they'll blame the broker like Baghdady did.
donaldduke
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Interesting that James Absalom is down the most and will probably be the first to get the boot.
He was the one who is planning to buy and fast car with the prize fund.
I think the first Turtle to get the boot from the original Turtle program had similar ideas.
He was the one who is planning to buy and fast car with the prize fund.
I think the first Turtle to get the boot from the original Turtle program had similar ideas.
Vasco da Banana
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The one who said he'd give it 110% should have been disqualified immediately on the grounds of innumeracy.
Well James says,
"It is clear that John McMeekan has an extensive track record of success and will be one to watch."
Er... he well he has only lost 1/3 of what James has lost. I suppose that success of sorts.
Trading Academy | Trade Financial Markets | City Index
"It is clear that John McMeekan has an extensive track record of success and will be one to watch."
Er... he well he has only lost 1/3 of what James has lost. I suppose that success of sorts.
Trading Academy | Trade Financial Markets | City Index
