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Sam Seiden Goes DOWN

  • #101
  • Apr 10, 2020 12:35pm Apr 10, 2020 12:35pm
Quoting Chronus
GMD Do you understand why prices move? It is the market forces of demand and supply at play. Where demand and supply become equal is known as the equilibrium or simply known as balance. When price leaves the equilibrium or the intersection of demand and supply an imbalance has set in. How you exploit this knowledge to make profit is totally up to you but this has got nothing to do with Sam Seiden or any other SD forex tutor. You keep asking for proof as if it would validate this common knowledge of supply and demand. Techanalyst, Shabs19, viptrader...
But bro.. I have explained you in post #42 what I believe supply and demand is... But you just seem to ignore it.

I have friends with companies, friends who import export... After covid-19 things have changed for them... Can you imagine how this affects fluctuation of money in the markets if you translate this to millions of people exchanging goods and business all arround the world???

Because of things like this a currency becomes more valuable than the other.... This is it... Basic economy.. basic supply and demand.. But you are still insisting you can identify something TOTALLY UNPREDICTABLE like COVID -19 in ZONES in the chart...

You are still insisting you can identify a "ZONE"... while the guy who created this "theory" is being charged of scamming people...

Do you understand this?
  • #102
  • Apr 10, 2020 12:36pm Apr 10, 2020 12:36pm
What everyone is arguing about is not the point.

The first post says the FTC is suing the OTA for running an Investment scheme using unfair trading practices.

The case is still ongoing I am assuming, so they will obviously mount a legal defence.

If they lose, they will get a substantial fine based on the amount of money that was illegitimately earned through the investment scheme.
I don't think anyone will go to jail.
They could restructure the business model and start again, who knows ?

The FTC are not suing OTA regarding the contents of the course, but the way it was sold to unsuspecting consumers and the way they harassed anyone who complained about them to the authorities.
It never gets easier, you just get better
  • #103
  • Apr 10, 2020 12:36pm Apr 10, 2020 12:36pm
Also, I just want to clear up that I am not a supply and demand trader. I just understand that it is a PART of trading, and understanding price.
I don't strictly trade off supply and demand zones, but I am aware of where they are. I have my own strategy that I use to day-trade, and that works for me. What works for you may be different.
  • #104
  • Apr 10, 2020 12:37pm Apr 10, 2020 12:37pm
Seriosuly... Im gonna make this very short.. Hope someone can differeciate


Supply and demand... Price goes up and down... Why talk about "zones"???
  • #105
  • Apr 10, 2020 12:38pm Apr 10, 2020 12:38pm
Quoting GMD
{quote} But bro.. I have explained you in post #42 what I believe supply and demand is... But you just seem to ignore it. I have friends with companies, friends who import export... After covid-19 things have changed for them... Can you imagine how this affects fluctuation of money in the markets if you translate this to millions of people exchanging goods and business all arround the world??? Because of things like this a currency becomes more valuable than the other.... This is it... Basic economy.. basic supply and demand.. But you are still...
They are being charged the way it was sold and harassing clients whoever complained. They are not getting charged because of S&D strategy. You need to get your facts straight.
  • #106
  • Apr 10, 2020 12:38pm Apr 10, 2020 12:38pm
Quoting Shabs19
What everyone is arguing about is not the point. The first post says the FTC is suing the OTA for running an Investment scheme using unfair trading practices. The case is still ongoing I am assuming, so they will obviously mount a legal defence. If they lose, they will get a substantial fine based on the amount of money that was illegitimately earned through the investment scheme. I don't think anyone will go to jail. They could restructure the business model and start again, who knows ? The FTC are not suing OTA regarding the contents of the course,...
of course they wont go to jail.. they have shitloads of money.. they pay off.
  • #107
  • Apr 10, 2020 12:38pm Apr 10, 2020 12:38pm
Quoting GMD
Seriosuly... Im gonna make this very short.. Hope someone can differeciate Supply and demand... Price goes up and down... Why talk about "zones"???
Because they exist, and they may be able to help you in making trading decisions.
  • #108
  • Apr 10, 2020 12:39pm Apr 10, 2020 12:39pm
Quoting GMD
You know what... I am clearly getting heated up by this thread.. I am gonna smoke a cigarete, calm down.. and let other people participate... Just talk about Sam Saiden and stuff.. All I was trying to say is.. Sam Saiden got away with this for many years without even proving his words.. Bye
GMD, maybe this video will help you with your problems
Inserted Video

I don't want to shatter your dreams but you have a long way to go in the business of trading- please be persistent and stubborn and anything can happen... I assure you that anyone daily P&L, monthly brokers statement or tax return will have ZERO bearings on your success as a day trader. Good luck with your endeavor.
Always trade your own plan...I don't provide trading signals.
  • #109
  • Apr 10, 2020 12:41pm Apr 10, 2020 12:41pm
Quoting Techanalyst
{quote} They are being charged the way it was sold and harassing clients whoever complained. They are not getting charged because of S&D strategy. You need to get your facts straight.
Whats the difference?? They are selling something to people who believe they will make a lot of money.. mostly elderly people..

What makes you all think this people didnt put the effort???

If you pay A LOT of money to learn something and you are old meaning you have plenty of time... wouldn't you put all the effort to learn??

Perhaps no one was making money because what was tought does not work.
  • #110
  • Apr 10, 2020 12:41pm Apr 10, 2020 12:41pm
love FF for its unlimited entertainment.
P.S: supply and demand is the basic for market dynamics, i can clearly see it on even 15 seconds charts. If you cannot read PA for what it is you have 0 chances to succeed. No tool or concept can help you.
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on a postive roll...
  • #111
  • Apr 10, 2020 12:41pm Apr 10, 2020 12:41pm
Quoting GMD
Seriosuly... Im gonna make this very short.. Hope someone can differeciate Supply and demand... Price goes up and down... Why talk about "zones"???
This thread discussion is not about the merits of Supply & Demand trading.
It never gets easier, you just get better
  • #112
  • Apr 10, 2020 12:43pm Apr 10, 2020 12:43pm
Quoting Coreg2004
{quote} GMD, maybe this video will help you with your problems https://www.youtube.com/watch?v=sfae...index=6&t=374s I don't want to shatter your dreams but you have a long way to go in the business of trading- please be persistent and stubborn and anything can happen... I assure you that anyone daily P&L, monthly brokers statement or tax return will have ZERO bearings on your success as a day trader. Good luck with your endeavor.


ANGER is a temporary Madness.................................
It never gets easier, you just get better
  • #113
  • Apr 10, 2020 12:43pm Apr 10, 2020 12:43pm
Quoting Coreg2004
{quote} GMD, maybe this video will help you with your problems https://www.youtube.com/watch?v=sfae...index=6&t=374s I don't want to shatter your dreams but you have a long way to go in the business of trading- please be persistent and stubborn and anything can happen... I assure you that anyone daily P&L, monthly brokers statement or tax return will have ZERO bearings on your success as a day trader. Good luck with your endeavor.
LOL sure hahahah.. Another red flag... what a pro trader..
  • #114
  • Apr 10, 2020 12:43pm Apr 10, 2020 12:43pm
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Here is another one. This is OIL. This is the last one I will post. Figure it out yourself, or believe what you want but supply and demand, support and resistance is real. Price doesn't just bounce off these zones for no reason.

People want to buy or sell at the best price possible, because of this, areas of interest and agreed price of good "value" may repeat in the future. When those areas get broken or change due to some economic factor price will always find a new area of agreed price...
  • #115
  • Apr 10, 2020 12:44pm Apr 10, 2020 12:44pm
Quoting GMD
{quote} Whats the difference?? They are selling something to people who believe they will make a lot of money.. mostly elderly people.. What makes you all think this people didnt put the effort??? If you pay A LOT of money to learn something and you are old meaning you have plenty of time... wouldn't you put all the effort to learn?? Perhaps no one was making money because what was tought does not work.
The difference is that the S&D works. I know it works for me and has brought me a lot of money. I can also see that it works for others. But of course that is just a tool, with applying other tools like COT reports and paying attention to fundamentals news and worldwide economics. Also the fact is that you will not convince me that S&D does not work when I know from my experience it does work. This is about how Sam and his company sold to the clients and harassing them after wards if they were not happy. Sam Seiden did not invent S&D strategy. Blame the scammer not the strategy that works.
  • #116
  • Apr 10, 2020 12:47pm Apr 10, 2020 12:47pm
Quoting Coreg2004
{quote} GMD, maybe this video will help you with your problems https://www.youtube.com/watch?v=sfae...index=6&t=374s I don't want to shatter your dreams but you have a long way to go in the business of trading- please be persistent and stubborn and anything can happen... I assure you that anyone daily P&L, monthly brokers statement or tax return will have ZERO bearings on your success as a day trader. Good luck with your endeavor.
Lol now I realized I got in a very sensible thread... how I dare to talk badly about Supply and Demand Zones... oh noo...

Sam Saiden is being charged for scamming... Yet so many here saying I am the silly one.. and angry one

I am done here..

Have fun with your fairy tale guys... the holy grail is waiting for you at the end.. hang tight!!
  • #117
  • Apr 10, 2020 12:49pm Apr 10, 2020 12:49pm
Quoting GMD
{quote} Lol now I realized I got in a very sensible thread... how I dare to talk badly about Supply and Demand Zones... oh noo... Sam Saiden is being charged for scamming... Yet so many here saying I am the silly one.. and angry one I am done here.. Have fun with your fairy tale guys... the holy grail is waiting for you at the end.. hang tight!!
Talk about whatever you want to. You are wrong about saying S&D does not work. Blame the scammer not the strategy that works. Sam did not invent this strategy, just used the name and whatever he thought was the right way to present it, so they can make millions on selling the courses. There is no holy grail just hard work. Since you are so smart in trading why don't you attach a chart and explain for example what do you see on EURUSD small TF or long term TF whatever you trade day trading or long term. Would want to see what is it that you see on the chart and of course apply other tools if so.
  • #118
  • Apr 10, 2020 12:50pm Apr 10, 2020 12:50pm
Quoting GMD
{quote} of course they wont go to jail.. they have shitloads of money.. they pay off.
Now you are saying the FTC is corrupt ?

Unbelievable.......................
It never gets easier, you just get better
  • #119
  • Apr 10, 2020 12:51pm Apr 10, 2020 12:51pm
Quoting Shabs19
What everyone is arguing about is not the point. The first post says the FTC is suing the OTA for running an Investment scheme using unfair trading practices. The case is still ongoing I am assuming, so they will obviously mount a legal defence. If they lose, they will get a substantial fine based on the amount of money that was illegitimately earned through the investment scheme. I don't think anyone will go to jail. They could restructure the business model and start again, who knows ? The FTC are not suing OTA regarding the contents of the course,...
YES you are right... but I think you just read a very small part of it..

https://www.tradingschools.org/onlin...s-its-a-fraud/

They sued people who talked bad about the program.. But still luring people to make them believe they will become profitable "day traders"... Non of this happens because its all "fuggazzi"

Bye
  • #120
  • Apr 10, 2020 12:52pm Apr 10, 2020 12:52pm
Quoting Shabs19
{quote} Now you are saying the FTC is corrupt ? Unbelievable.......................
What about judges and legal system??

Seriously mate.. are you a jorunalist?? You are good at deceiving other people words..
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