Finding my passion and trading

EnlightenedJoe

Experienced member
1,950 98
I think the thing is if you do lose CONSTANTLY you should rethink why its happening and try change something maybe the reason people lose money for years on end is because they don't stop and think and go "hmm maybe I need a change in my strategy" or something like that. What do you guys think?

When you buy asset ABC for $10 from shop. Shop has to buy the asset back from you for $9 or below to make a profit. If they don't do that, they go bankrupt. So the price is moved to $9 or below using whatever the means.

As you sound like a thinking man, tell me, what can you change in your buying technique to affect the outcome ? If you find the correct answer, you will have become one of the very few winners on the internet. So it's well worth the effort in finding the solution. If you don't find the correct answer, you will CONSTANTLY lose until all your money is gone - rethinking won't help. Then it's time for a new career.
 
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Quantt

Established member
944 59
Ah ok all these youtuber penny stock millionaires like Tim Skyes do you think they are all scammers? I can't believe espically in the last couple years how many dodgy salesman there are. Also what do you think of Ricky Gutierrez?

Yes, absolutely, all of them are scammers and con artists, I have researched Skyes - he did really made money during the dot com book, created a hedge fund after that and lost it all. Reinvented himself as "educator" and he is making money from teaching and also from front running his followers (buying low float stock, telling his followers, and selling into the spike they have created following him - this will not happen with high volume stock BTW) for the other guy, never heard of him, but you can check here to see if he is been exposed already:

https://www.tradingschools.org/

Bottom line, there is no easy street to the stock market, if it was possible to pay someone few grand to learn how to trade and make money every month, everyone would be doing it already... Realistically you have to plan to spend few years learning and testing different strategies until you find what work for you and start trading with real money... It is not that different than being a lawyer, dentist, doctor or engineer - you cannot do it in a year with a few online courses...
 
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iq200

Well-known member
361 18
Yes, absolutely, all of them are scammers and con artists, I have researched Skyes - he did really made money during the dot com book, created a hedge fund after that and lost it all. Reinvented himself as "educator" and he is making money from teaching and also from front running his followers (buying low float stock, telling his followers, and selling into the spike they have created following him - this will not happen with high volume stock BTW) for the other guy, never heard of him, but you can check here to see if he is been exposed already:

https://www.tradingschools.org/

Bottom line, there is no easy street to the stock market, if it was possible to pay someone few grand to learn how to trade and make money every month, everyone would be doing it already... Realistically you have to plan to spend few years learning and testing different strategies until you find what work for you and start trading with real money... It is not that different than being a lawyer, dentist, doctor or engineer - you cannot do it in a year with a few online courses...

Completely agree with you. Unfortunately, social media such as Youtube and Twitter are very much at fault for making people believe that they can be trading sub par stocks (low float and/or low priced) and be earning in excess of $1k per day within a very short space of time.
 
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iq200

Well-known member
361 18
Ah ok all these youtuber penny stock millionaires like Tim Skyes do you think they are all scammers? I can't believe espically in the last couple years how many dodgy salesman there are. Also what do you think of Ricky Gutierrez?

Ricky Gutierrez is a 101% scammer. I also came across the following:

 

Sub-Zero

Junior member
40 1
When you buy asset ABC for $10 from shop. Shop has to buy the asset back from you for $9 or below to make a profit. If they don't do that, they go bankrupt. So the price is moved to $9 or below using whatever the means.

As you sound like a thinking man, tell me, what can you change in your buying technique to affect the outcome ? If you find the correct answer, you will have become one of the very few winners on the internet. So it's well worth the effort in finding the solution. If you don't find the correct answer, you will CONSTANTLY lose until all your money is gone - rethinking won't help. Then it's time for a new career.

Yeah that's what I am saying man! If I keep buying at the wrong time for example I need to stop and think wait a minute something is not right.
 

Sub-Zero

Junior member
40 1
Yes, absolutely, all of them are scammers and con artists, I have researched Skyes - he did really made money during the dot com book, created a hedge fund after that and lost it all. Reinvented himself as "educator" and he is making money from teaching and also from front running his followers (buying low float stock, telling his followers, and selling into the spike they have created following him - this will not happen with high volume stock BTW) for the other guy, never heard of him, but you can check here to see if he is been exposed already:

https://www.tradingschools.org/

Bottom line, there is no easy street to the stock market, if it was possible to pay someone few grand to learn how to trade and make money every month, everyone would be doing it already... Realistically you have to plan to spend few years learning and testing different strategies until you find what work for you and start trading with real money... It is not that different than being a lawyer, dentist, doctor or engineer - you cannot do it in a year with a few online courses...

It's a shame how many scammers there are now, there is a big gap in the market which is "sign up for my course which is 6k and I'll show you how to do this" Where are the ethics at? I always said to my self if I was rich I would give my knowledge for free there is no reason what so ever to charge people thousands of dollars each year for trading when they can learn it either free or cheaply.
 

Sub-Zero

Junior member
40 1
Yes, absolutely, all of them are scammers and con artists, I have researched Skyes - he did really made money during the dot com book, created a hedge fund after that and lost it all. Reinvented himself as "educator" and he is making money from teaching and also from front running his followers (buying low float stock, telling his followers, and selling into the spike they have created following him - this will not happen with high volume stock BTW) for the other guy, never heard of him, but you can check here to see if he is been exposed already:

https://www.tradingschools.org/

Bottom line, there is no easy street to the stock market, if it was possible to pay someone few grand to learn how to trade and make money every month, everyone would be doing it already... Realistically you have to plan to spend few years learning and testing different strategies until you find what work for you and start trading with real money... It is not that different than being a lawyer, dentist, doctor or engineer - you cannot do it in a year with a few online courses...

Oh Quantt I forgot to ask what do you think of Cameron Ross? I believe he said after a year and a half he was a profitable trader.
 

foroom lluzers

Veteren member
3,611 137
Yes, absolutely, all of them are scammers and con artists, I have researched Skyes - he did really made money during the dot com book, created a hedge fund after that and lost it all. Reinvented himself as "educator" and he is making money from teaching and also from front running his followers (buying low float stock, telling his followers, and selling into the spike they have created following him - this will not happen with high volume stock BTW) for the other guy, never heard of him, but you can check here to see if he is been exposed already:

https://www.tradingschools.org/

Bottom line, there is no easy street to the stock market, if it was possible to pay someone few grand to learn how to trade and make money every month, everyone would be doing it already... Realistically you have to plan to spend few years learning and testing different strategies until you find what work for you and start trading with real money... It is not that different than being a lawyer, dentist, doctor or engineer - you cannot do it in a year with a few online courses...

The industry is the blind leading the blind.Those who have not traded successfully ,are teaching others in the skills of can't do.

I suspect people like Elder only wrote books and sold courses.
 
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EnlightenedJoe

Experienced member
1,950 98
Yeah that's what I am saying man! If I keep buying at the wrong time for example I need to stop and think wait a minute something is not right.

No, it's not what you are saying at all. I already explained to you why the price moves against you. You are supposed to come up with a counter against that move.
 

darktone

Veteren member
4,016 1,084
Sub-Zero

For a more realistic view of whos taking the other side of your trade trading with a shop, and how they view you the client, have read through this thread:-
http://www.trade2win.com/boards/spread-betting-cfds/182926-other-side-screen.html

In the sea of [email protected] on youtube, Don Millers a fair watch with regards to managing size.
https://www.youtube.com/watch?v=r_XRet7J7wY&t=1088s

As is Mark Douglas for some understanding of the psych issues.
https://www.youtube.com/watch?v=GhKJ9P3agRc

Should you trade? You simply dont know yet. Give it a try with demo / nano money and see how you do.
 

foroom lluzers

Veteren member
3,611 137
Sub-Zero

For a more realistic view of whos taking the other side of your trade trading with a shop, and how they view you the client, have read through this thread:-
http://www.trade2win.com/boards/spread-betting-cfds/182926-other-side-screen.html
.

The thread starter may have been sent by the bucket shops , locked threads and nonsense lost my interest in it.:LOL::LOL:

Not ecverybody is so stupid to believe this!

Hello,



This thread will remain locked until I can upload all the relevant information. I will then unlock it so that some of you may ask questions. I will not answer anything personal or that could jeopardise my identity.
 

iq200

Well-known member
361 18
Oh Quantt I forgot to ask what do you think of Cameron Ross? I believe he said after a year and a half he was a profitable trader.

I bought the Warrior Trading course in Oct 2015 and have all the course materials scanners and mentoring videos upto around Oct 2016. The WT course is pretty good IMHO. However be aware that Ross Cameron's (or Scameron as he is known on tradingschools.org) own strategy is revolved around trading low float stocks that have news. This is very risky as these stocks can have massive spreads and are prone to huge spikes. Basically this kind of trading is NOT for the beginner. Additionally I suspect there is also an element of pump and dump with Cameron. Have a read of the info on Warrior Trading on tradingschools.org but with a pinch of salt as there are a lot of losers on that site.
WT has another educator called Mike who's analysis is top notch - he is very good IMO. I learnt a lot from him. There was also another educatpr called Ed who was also very good but he left.

Cameron is a liar and I wouldn't believe his nonsense that he was a profitable trader after a year. He was an admin in another trading room prior to WT.

Also be aware that the WT courses were valid for a year when I joined but I believe they now only allow you access for THREE months and claim that you will be successful after three months which is nonsense. Basically the site has turned into a money making scam.

I would also not advise signing up to the chat. Its a complete 100% scam. Cameron claims to let you view his screen and scanners but trust me you will not be able to pick up the signals..
 
 
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