Removed - never to contribute on T2W forums again I may submit articles for the benefit of those that appreciate it but there are some exceedingly nasty and jealous individuals here. :|
Thanks Tim I totally agree with you I'm not really bothered with anything that comes in that category I just want to expose the real cowboys that charge extortionate amounts example -Goldline Intelli250 MCI DW GS & VS just for starters who will take Thousands of pounds off the unwary and nieve public supported by National Newspapers/Radio and websites that promote these dubious products and services to the "Holy Grail" seekers ! The polititions government FSA allow these Scam merchants an opportunity to market their wares in the UK - and nobody is doing anything about it!timsk said:Great stuff John, good luck.
Something you might want to look at early on are the criteria by which you distinguish the rip off merchants from the genuine vendors with a good product or service. I'm sure you'll be inundated with e-mails and PM's from people saying things like, 'I paid £££'s for this seminar / manual / 1-2-1 course etc. and I haven't made any money at all - in fact I've lost money'. In my own case, a good example of this is the 'Champion Trader' by Shiraz A. Lakhi. "A proven, 4-step strategy of a mastermind" - supposedly! I bought it years ago and I think I paid about £100 for it. From memory, it was quite well put together, but I never made any money out of it and I don't know of anyone else who did either. I doubt that there's anything in it that couldn't be obtained for free on T2W now. Also, some of the advice was somewhat questionable, such as risking 8% of your capital on any one trade!
Having said all that, I'm not sure that it would be fair to class Mr Lakhi as a con merchant and file his little book in the rubbish bin. However, it would be very fair and reasonable to say that I was naive to think that I could make a fortune with a £100 'investment' in a book advertised in the back pages of Exchange & Mart. IMO, a lot of responsibility rests with the buyer and not exclusively with the vendor. Prospective customers must take all reasonable steps to ensure that the vendor's product or service does what it says it does on the tin - before they buy. Caveat emptor and all that.
Yes, it takes two make a bargain. A scammer, though, has only to get the other one to make up the pair. Providing that his scam is attractive enough he will get lots of answers, of which a proportion will take the bait.timsk said:However, it would be very fair and reasonable to say that I was naive to think that I could make a fortune with a £100 'investment' in a book advertised in the back pages of Exchange & Mart. IMO, a lot of responsibility rests with the buyer and not exclusively with the vendor. Prospective customers must take all reasonable steps to ensure that the vendor's product or service does what it says it does on the tin - before they buy. Caveat emptor and all that.
Howdy FX - this is one of your best ever posts! Cheered up a rather miserable day down here in Bude.fxmarkets said:hmm, Governments scam the hell out of the public, so why would they give a toss? Good role models for Jonny boy to take what ye can I would of thought.
Are not the vendors covered by disclaimers ie no guarentee's etc..... whats wrong with someone charging 5 grand say and saying this is how i trade or have traded etc, then follows the disclaimer , take it or leave it.
Adults are big boys n girls are they Not ? Tough.
are they doing anything illegal ? they might choke you on a moral viewpoint based on your sense of whats right or wrong, a sale is sale ,doesn't matter what the product is does it ?
take their money, make the sale. they are salesman. Fair play.
Now if you want to teach to help people and not sell, then simple, dont charge a cent, or suggest a request a donation, and give it all to charity mate.
If you are selling as vendors are, then bum's on seats, in out , keep pumpin to make that sale. get the money.
I'd say some aspect of the deck's in the trading arena are more likely to be more corrupt than a salesman's technique to get punters to part with cash. why not go for the big dogs, not the pusher's or the junkies?
governements want it bent.. it has to be dont it?
Good luck Zenda... but if you are miffed at people charging what seem like big sums to you, then maybe you could charge the same or more ?or alter your perspective why not? £50. to £50K thats not the issue is it? selling is selling. if you want to increase Gross Profit, then increase of fee's charged is 1 technique that may deliver on that.
Now lets make sales.
If its a quality of product issue that you are miffed with from these trading vendors, then what should they be teaching, sorry, Selling ? Not many have any idea about Trading . Thats somewhat not needed, just flog em the image, the lifestyle? yeah? thats sellin.
How much can the market stand for my product? grind it up baby, lets make more money and larf at people who charge only 1 % of what we do , maybe its jealousy, envy, maybe its marketing and publicity, can't be morals, trading aint about morals is it?
After all someone could give small hard earned for info and think it dog sh!T , could they not and it seems the majority want to pay even more money for similar. So it makes biz sense to charge more if people are gonna pay it? whats the problem?
That youtube's good isnt it? cheers fly .
Oh free will ,cheers chief.
They do say that a fool and his money are soon parted. For what I have seen on these boards it, certainly, seems as if some folk have more money than sense. That still does not mean that I condone scamming but, anyway, i suppose that I am old enough to realise that there is nothing new under the sun and let everyone get on with it.rols said:Howdy FX - this is one of your best ever posts! Cheered up a rather miserable day down here in Bude.
Must say just to add I find all these scammers amusing apart from the ones that clog up my email.
It's a bit rich methinks for Zenda the Venda to start chucking rocks around green houses....
Everybody's scamming everybody else. That's life innit?
I read this morning that Gordon Brown is scamming 48% of everything we earn. Now that is worth moaning about....
Rols,rols said:Everybody's scamming everybody else. That's life innit?
This is a wind up, isn't it?timsk said:Rols,
Quite so Rols, that is life - more's the pity. But that doesn't make it right and we shouldn't condone it. If everyone took your attitude and that expressed by fxmarkets, there would be total chaos. For example, extend your 'scam anyone you can' approach to the food industry - for example - and see what happens. There will be hospital beds overflowing with patients suffering from Salmonella - or worse. Your attitude is nothing short of utterly deplorable.
Rols,rols said:This is a wind up, isn't it?
Nobody of your intelligence would misquote another and then turn it into a personal attack hoping to incite discord and unease.
Everybody's scamming everybody else. That's life innit?timsk said:Rols,
I always value your comments and read your posts with great interest. I most certainly am not attacking you personally and I'm equally adamant that I'm not trying to incite discord and unease. That's the absolute antithesis of what I'm about and why I post on T2W. I apologise unreservedly if this is the impression that I've given you. However, I do disagree strongly with the view that you (and fxmarkets) expressed - which was the focus of my post; nothing personal against you I assure you. As for misquoting you; you've lost me there, I'm afraid. Love you lots, promise.
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