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Forex Mentors/Gurus publish your accounts records

  • Post #1
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  • First Post: Aug 10, 2008 8:27am Aug 10, 2008 8:27am
  •  sonyclan
  • | Joined Jun 2007 | Status: Member | 57 Posts
Why do Forex Mentors/Gurus never publish their authenticated account records to prove their consistant profitability.

If I was a successful Forex Trader consistently posting gains of 5/10% per month and wanted to become a Forex Mentor I would simple publish my account even even if it was only a practice account. This would prove my methods of trading were viable and I could justify the hundreds of dollars I would charge for my courses. People would flock to purchase my material without any glisty advertising as the positive results would sell the product.

So come on all you Forex Mentor/Gurus prove to us how good you are!
Prove to us your not praying on people desperate to earn an easy living by offering false hope and unrealistic expectations.
Prove to us that trading the Forex can be an alternative way to earn a living!
Even if it's only a practise account PUBLISH YOUR RESULTS!!!!!

Regards

Sonyclan
ps

I bet they don't.
  • Post #2
  • Quote
  • Aug 10, 2008 8:48am Aug 10, 2008 8:48am
  •  tenantro
  • | Joined Feb 2008 | Status: Member | 215 Posts
You're right, anyone aspiring to mentor other people into how to make money should publish authenticated records of their track record, BUT, at the same time, no one is pushing anyone into giving their money to someone who does not publish their track record.

It's their desperation, naivete or greed that's pushing them to hand out money, it's not like the "mentor" grabs the money out of their pockets.

And if indeed the mentor turns out to be a fraud and some trainee loses money due to their advice, they have themselves to blame for the most part unfortunately.

Having a mentor to teach you how to trade is not a requisite, unless a person is either lazy or completely hopeless at figuring out sources to learn from.

A year ago I knew close to nothing about trading, I started going to the library, borrowing lots of books on econometrics, programming etc and now I'm close to finalizing the development of what looks to be a very profitable system, much much better than what most mentors can "teach" you or sell you.

I'm pretty happy with how things turned out and I'm sharing this hoping that more people understand that nothing can substitute your very own hard work, most likely not even a mentor, regardless of their proven or unproven track record.

I'm very confident that forex can be an alternative source of income, but you have to work for it, don't expect anyone with a truly good method/system to just teach it to you.It's probably worth far more to them than the few hundred/thousands they can get from a student.
 
 
  • Post #3
  • Quote
  • Aug 10, 2008 8:48am Aug 10, 2008 8:48am
  •  good
  • | Joined Jan 2008 | Status: Member | 326 Posts
Rookie traders getting initial success in forex and then posting their statements makes sense. But once a trader gets too big a reputation and many people know him personally who he is, then he would be reluctant to publish his statement/income even if he has amazing returns. He may still show his statement to a fund or investor that he is soliciting funds for, but not on a public forum considering so many people know him personally.
 
 
  • Post #4
  • Quote
  • Aug 10, 2008 9:11am Aug 10, 2008 9:11am
  •  ramdas
  • | Joined Aug 2006 | Status: Member | 147 Posts
Why mentor/gurus publish account records. ?
To sell you something at 100$ or 500$ ?
to sell 500$ product will he show his 50,000$ real account ?
If he makes 50,000$ on real accout..why he should sell something at 500$ ?
He can make Big money from trading itself instead of selling somethings.

Good trader become Mentor, When he get boared with trading and want to share something to free his mind.

It's very difficult to meet such mentor/Guru..it's luck when you come across such mentor.
Good traders don't post anything in public forum. sometimes they visit and post some clue to free up there mind.
 
 
  • Post #5
  • Quote
  • Aug 10, 2008 4:21pm Aug 10, 2008 4:21pm
  •  fxbroker
  • | Membership Revoked | Joined Dec 2006 | 665 Posts
Quoting sonyclan
Disliked
Why do Forex Mentors/Gurus never publish their authenticated account records to prove their consistant profitability.

If I was a successful Forex Trader consistently posting gains of 5/10% per month and wanted to become a Forex Mentor I would simple publish my account even even if it was only a practice account. This would prove my methods of trading were viable and I could justify the hundreds of dollars I would charge for my courses. People would flock to purchase my material without any glisty advertising as the positive results would sell the product.

So come on all you Forex Mentor/Gurus prove to us how good you are!
Prove to us your not praying on people desperate to earn an easy living by offering false hope and unrealistic expectations.
Prove to us that trading the Forex can be an alternative way to earn a living!
Even if it's only a practise account PUBLISH YOUR RESULTS!!!!!

Regards

Sonyclan
ps

I bet they don't.
Ignored
Hi SonyClan
I understand where you are coming from. Once in while when most methods failed we do have threads like yours.

But the problem is people don't remember things about good methods and mentors when things are going on well. Another thing is that people complaining about lack of good method and mentor are people not really having money say about $500 to invest in training. They rather invest that and seek for free for all and sharable and free mentorship to make millions.


The other thing you should know is that ForexFactory does not allow self promotion. I think they should be a little bit relax in this regard to prove thread is wrong.

Of cause I post my results on my thread and ROI dropped to 45% monthly, even in bad times like this. I once ran an add in fisherman forum I called
"Double your money Dream - What happened?" the moderators asked me for proofs and i gave them investor password after a week they gave my thread 5 star ratings!

That doesn't make people to start demanding my services but instead I started having request on how we can share and offer free signals. Which shows that those demanding for good methods are not prepared to pay for it.

In support of what tenantro, 12345abc, and others have said here, you can make a living from FOREX but not when you are not prepared to get proper training. For example I am putting together a write up on how I turned $100 trading equity into +$40,000 trading equity in 5 months!

You do not expect me to give out that information for free. Also I do not expect all people to believe me but those who want to know will seek for it. And they will learn it and be able to do it and start making a living from their acquired knowledge.

Do not believe rumours or what other people say until you asked for proof! If you do have proof do not expect training to be free if you are prepared to start making a living from it too.

In most times people complaining of rip off are people who have not actually spent a dime on training or work hard to come up with own working method.
We cannot have it both ways. Can you show me how many methods you have paid for in the past????????????. Answer will be none.

Lastly will this do as a proof for you?????
http://www.geocities.com/forexchaos/cl1.html
One cannot keep publishing all his clients account just to tell you that they are making profit.

You see on the question of why do they sell if it is making money, is like me asking why I should share it for free if it is making money or it is going to make someone a millionaire?
 
 
  • Post #6
  • Quote
  • Aug 23, 2018 12:52am Aug 23, 2018 12:52am
  •  loozers
  • | Membership Revoked | Joined Jul 2018 | 919 Posts
Quoting sonyclan
Disliked
Why do Forex Mentors/Gurus never publish their authenticated account records to prove their consistant profitability..
Ignored

How can they publish them, if they don't have any?
 
 
  • Post #7
  • Quote
  • Aug 23, 2018 5:38am Aug 23, 2018 5:38am
  •  Butsor-FiFia
  • | Joined Aug 2018 | Status: Junior Member | 2 Posts
Quoting ramdas
Disliked
Why mentor/gurus publish account records. ? To sell you something at 100$ or 500$ ? to sell 500$ product will he show his 50,000$ real account ? If he makes 50,000$ on real accout..why he should sell something at 500$ ? He can make Big money from trading itself instead of selling somethings. Good trader become Mentor, When he get boared with trading and want to share something to free his mind. It's very difficult to meet such mentor/Guru..it's luck when you come across such mentor. Good traders don't post anything in public forum. sometimes they...
Ignored
The fact a trader makes enough money does not mean he or she is to big to take pennies.A lot of billionaires still sell books which total sales would not even matchup to 1% of their Net-Worth.Some traders just have a goodwill to help others,the fact they are taking pennies and the world is full of trashy self acclaimed wannabe money makers who scam the poor does not mean there is no good people with clean intentions..
 
 
  • Post #8
  • Quote
  • Aug 23, 2018 6:52am Aug 23, 2018 6:52am
  •  AdamCrist
  • | Additional Username | Joined Apr 2018 | 393 Posts
Sometimes I support Forex Mentor for the traders who are particularly beginners but practically most of them are found to be scams in online , so before choosing a mentor it is more appropriate to make sure a cool mind.
 
 
  • Post #9
  • Quote
  • Aug 23, 2018 8:15am Aug 23, 2018 8:15am
  •  NathanAstel
  • | Additional Username | Joined Apr 2018 | 459 Posts
i don't support Fx Mentor for beginners level , only pips school and practice in a demo account is more appropriate for them.
 
 
  • Post #10
  • Quote
  • Jul 11, 2019 2:06pm Jul 11, 2019 2:06pm
  •  Eredribaen
  • | Additional Username | Joined Dec 2018 | 102 Posts
Obviously they shouldn't be doing that and you shouldn't be sold at that at all really and there is no other way, it's a competetive market and to each their own anyway here, what do you plan to do here with all that matters ? I do not understand anything here. Somebody trying to sell something to anyone else or what ? Please do tell. Why this thread even started ? I think we have more than enough forex scams going on everywhere only possible. Thanks for that in advance.
 
 
  • Post #11
  • Quote
  • Last Post: Jan 10, 2021 9:50am Jan 10, 2021 9:50am
  •  Godisawoman
  • | Joined Dec 2020 | Status: Member | 337 Posts
Lol. I don't have anything to publish but click on my profile and see my thread.
Live trades... Profit.
Teerex
 
 
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