1. Explain how making hundreds of pips/ticks a day is easy, and show how you would have done so with a hindsight chart.
2. Relate to your followers by mentioning how many accounts you blew and that by following your most recent method, it will never happen to them.
3. Tell them you spent 10,000 hours looking at charts, and that must be worth something.
4. If you cannot find many winners on the week (in hindsight of course), add some rules to optimize current market conditions so that you can rationalize some wins.
5. Tell them you have traded every market, have tons of money, but decide to teach because you like people.
6. Explain how just 1 winner will pay for the costs of your program/website/course/etc
7. Explain how your method is the only way to make money in these markets and how you can out-trade anyone.
8. Make sure to post profits in Pips/Ticks, so that followers will not question % risked, stop size, and the like.
9. Show how this method is more profitable and efficient than any of the other 10 methods you have previously explained.
10. Tell them how your offer to teach/sell e-book/join course is limited to only a certain amount of people and they will never ever see this stuff again.
I saw a similar post on another forum and thought it was funny yet also spot on.
Yes, as you may have guessed, this post was supposed to be sarcastic. I'm posting this here as these forums are filled with glossy-eyed people looking to get in the game, often succumbing to your typical snake-oil salesman or compulsive liars seeking attention. The intention of this post is to simply show 'rookies' that most of what you will encounter for 'education' is b.s. with bad intentions. Once you have many years under your belt trading and various friends in the industry, it is very easy to read who is full of it and who is genuine. The infomercial people should be obvious...yet you keep reading people falling prey to them. Keep your mind clear, dont be naive, and keep things simple Good luck trading.
2. Relate to your followers by mentioning how many accounts you blew and that by following your most recent method, it will never happen to them.
3. Tell them you spent 10,000 hours looking at charts, and that must be worth something.
4. If you cannot find many winners on the week (in hindsight of course), add some rules to optimize current market conditions so that you can rationalize some wins.
5. Tell them you have traded every market, have tons of money, but decide to teach because you like people.
6. Explain how just 1 winner will pay for the costs of your program/website/course/etc
7. Explain how your method is the only way to make money in these markets and how you can out-trade anyone.
8. Make sure to post profits in Pips/Ticks, so that followers will not question % risked, stop size, and the like.
9. Show how this method is more profitable and efficient than any of the other 10 methods you have previously explained.
10. Tell them how your offer to teach/sell e-book/join course is limited to only a certain amount of people and they will never ever see this stuff again.
I saw a similar post on another forum and thought it was funny yet also spot on.
Yes, as you may have guessed, this post was supposed to be sarcastic. I'm posting this here as these forums are filled with glossy-eyed people looking to get in the game, often succumbing to your typical snake-oil salesman or compulsive liars seeking attention. The intention of this post is to simply show 'rookies' that most of what you will encounter for 'education' is b.s. with bad intentions. Once you have many years under your belt trading and various friends in the industry, it is very easy to read who is full of it and who is genuine. The infomercial people should be obvious...yet you keep reading people falling prey to them. Keep your mind clear, dont be naive, and keep things simple Good luck trading.