Weekend of the Instant Guru | Forex Factory

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Weekend of the Instant Guru

  • #1
  • First Post: Edited 7:45pm Feb 28, 2009 7:34pm | Edited 7:45pm
Is it just me or does this forum seem to have accumulated a number of embryonic guru threads this weekend? I am constantly surprised (shocked?) by the willingness of people to put their trust in complete strangers who offer no proof of competence except a catchy tag line or mysterious chart hieroglyphics. The fact that posters are ardently defending the thread starter within a couple of pages, seems to me to be almost cultist. I know of certain 'movements' started in this forum which have now reached international proportions, I can almost hear the lemmings hitting the rocks from here.

My observation on these types of things is that if there is somebody who actually knows something worthwhile and they want to share it, they will do so in a straight forward and logical manner, there will be no ego stroking or or slow striptease.

Perhaps the difference between the people who jump on these bandwagons and those who cast a more critical eye is the difference between those who are going to make it and the many who won't? Because let's face it, if your not able to make basic logical deductions about motivation, economics and human nature then you're hardly going to be able compete in the shark pool of global markets.
The breaking of a wave cannot explain the whole sea.
  • #2
  • Feb 28, 2009 9:10pm Feb 28, 2009 9:10pm
lol. Very true on all accounts.
  • #3
  • Feb 28, 2009 9:29pm Feb 28, 2009 9:29pm
I'm new here to this forum, but that "slow strip tease" from that H. Reardon dude is both frustrating and curiosity invoking. It sure doesn't make any sense for the waiting - unless it's just another marketing attempt, which is why most forums suck any more. Grrr.

Great point, though - and Rabid - awesome posts you've got, you cynical thinker, you.
  • #4
  • Feb 28, 2009 11:36pm Feb 28, 2009 11:36pm
Quoting Breaktake
I'm new here to this forum, but that "slow strip tease" from that H. Reardon dude is both frustrating and curiosity invoking.
There are more red flags than a Chinese communist rally on that one.
The breaking of a wave cannot explain the whole sea.
  • #5
  • Edited 9:51am Mar 5, 2009 1:21am | Edited 9:51am
Yes, I also agree **. It's curious how many folk believe that perfect answers lie behind mystery, abstract sophistication, hidden codes, age-old secret formulae, 'guruspeak', and the like.

But the slow striptease seldom, if ever, leads to a naked trading technique.

[Edit] ** with the general message in the original post. I haven't read the H. Rearden thread.
  • #6
  • Mar 5, 2009 2:11am Mar 5, 2009 2:11am
Is it so hard for YOU PEOPLE to beleive he just wants to help!? Not everyone is as EVIL and SELFISH as you. LOL
Living the adventure in my head.
  • #7
  • Mar 5, 2009 2:13am Mar 5, 2009 2:13am
Yes, we know that the world is full of scammers, liars, thieves and what-not. We also know that many have found their way into the trading world where they are able to prey on a lot of easy marks.

We also know that there are a lot of self-appointed protectors of the dumb, gullible, naive and helpless people in the world. They tend to be pompous, arrogant, full of themselves and only half as smart as they like to think they are.

They're just as fucking annoying as the other group.
  • #8
  • Mar 5, 2009 2:23am Mar 5, 2009 2:23am
"slow striptease" is a funny analogy. I usually just think of them as "kung-fooey" type threads, grasshopper.
  • #9
  • Mar 5, 2009 2:45am Mar 5, 2009 2:45am
This thread is classic.

LOL @ Strip tease
  • #10
  • Mar 5, 2009 2:52am Mar 5, 2009 2:52am
I must be getting old.
Reardons "slow strip tease" isn't exciting me at all.
I have looked but there has been no UP move, if you know what I mean.
Maybe I need to buy my first Viagra pill.
  • #11
  • Mar 5, 2009 5:45am Mar 5, 2009 5:45am
ahh how quickly the memory of canadian dude fades..........
all those true believers shouting down anyone who raised a critical concern.........
  • #12
  • Mar 5, 2009 5:57am Mar 5, 2009 5:57am
Quoting Dopey
Yes, we know that the world is full of scammers, liars, thieves and what-not. We also know that many have found their way into the trading world where they are able to prey on a lot of easy marks.

We also know that there are a lot of self-appointed protectors of the dumb, gullible, naive and helpless people in the world. They tend to be pompous, arrogant, full of themselves and only half as smart as they like to think they are.

They're just as fucking annoying as the other group.
This hits the nail on the head.

Well said, Dopey.

regards
daytrading
Enter Signature
  • #13
  • Edited 6:35am Mar 5, 2009 6:23am | Edited 6:35am
Quoting Craig
Is it just me or does this forum seem to have accumulated a number of embryonic guru threads this weekend? I am constantly surprised (shocked?) by the willingness of people to put their trust in complete strangers who offer no proof of competence except a catchy tag line or mysterious chart hieroglyphics. The fact that posters are ardently defending the thread starter within a couple of pages, seems to me to be almost cultist. I know of certain 'movements' started in this forum which have now reached international proportions, I can almost hear...

Hi Craig,

Great piece of speculation - what's the intention of the thread?

Trying to stop people reading what they might find interesting - precisely because it is written differently?

Besides, who actually knows whether any of the readers trust what I am writing about? It would be foolish though to deny them their own judgement either way.

If you disagree with any of the content itself, feel free to join the thread - you will be treated with the utmost respect.

Not that I need to defend myself for sharing my experiences, but if only one reader of my thread finds value in it, I call it a good thing - especially in light of the fact that I have no gain from it - quite contraire - I have been called a scammer before I even started the discussion, now I am being accused of 'slow striptease' and I am quite sure it will continue that way until I am finished and have closed the thread.

If you call that ego-stroking, I am not sure on what you base that: the fact that people reading my thread? People tend to read all sorts of threads - what is important is that they are not disrespected for making their own choice.

Btw, I have not seen you introducing yourself with any credentials that would make what you say credible. Most of what we see and read here has to be taken face value. Besides, it is the moderators job to worry about those matters, wouldn't you agree?

H. Rearden

P.S I will get across what I intend to in a relatively short space of time - after that, like others you won't have to worry about feeling the need to waste your time on having to write comments to help the masses think.
  • #14
  • Mar 5, 2009 6:47am Mar 5, 2009 6:47am
Quoting daytrading
This hits the nail on the head.

Well said, Dopey.

regards
daytrading
Ditto. Well said Dopey.

It's extremely fucking annoying. I've got a family to feed. I need to know now whether I (can) make a living on my small account.
  • #15
  • Mar 5, 2009 6:53am Mar 5, 2009 6:53am
Quoting Dopey
Yes, we know that the world is full of scammers, liars, thieves and what-not. We also know that many have found their way into the trading world where they are able to prey on a lot of easy marks.

We also know that there are a lot of self-appointed protectors of the dumb, gullible, naive and helpless people in the world. They tend to be pompous, arrogant, full of themselves and only half as smart as they like to think they are.

They're just as fucking annoying as the other group.
My problem with scammers is that they are making money, Im jelous, lol.
Living the adventure in my head.
  • #16
  • Mar 5, 2009 10:35am Mar 5, 2009 10:35am
LOL. Less "protector of the dumb" and more "this crap again? Jeeze" annoyance.

Oh, and leon... that "scambusters" thread is in the recycle bin now. Ironic, eh?
  • #17
  • Mar 5, 2009 10:43am Mar 5, 2009 10:43am
Quoting Rabid
LOL. Less "protector of the dumb" and more "this crap again? Jeeze" annoyance.

Oh, and leon... that "scambusters" thread is in the recycle bin now. Ironic, eh?
Yep, the thread starter overstepped the line and threatened FF with legal action, he was banned and the thread recycled. Other than that, he was correct about the other FF members with comercial agenda's and they have now also been banned.
Living the adventure in my head.
  • #18
  • Edited 11:24am Mar 5, 2009 10:49am | Edited 11:24am
Boy, this has certainly roared back into life overnight!
I'll attempt to address the main misunderstandings as I see them...

1. There is a point to the thread: There is no point, it is simply a brain fart on which you are all free to comment/flame/ignore.
2. The thread is a 'self righteous protector of the dumb' thread: LOL, where do people get that idea??...nope, not trying to help anybody here, some guy posting on an internet forum never changed anybodies mind, the people who think this is the case perhaps need to address their own overbearingly pompous attitudes.
3. The thread is aimed at 'H. Rearden': No, not specifically, but he is the talking point de jour, so Mr. Rearden, don't take it personally, the attributes described have applied to many people, I was actually under the impression that a few other threads had started that same weekend, but none have proved quite so popular.
The breaking of a wave cannot explain the whole sea.
  • #19
  • Mar 6, 2009 7:15pm Mar 6, 2009 7:15pm
Okay, the weekend is here! Bring on the Gurus!
I'm looking forward to some really good thread titles.
  • #20
  • Sep 19, 2009 5:32am Sep 19, 2009 5:32am
Well im new here and to forex and i for one love the fact that lots of people share there approachs.. Im following a number of threads from people that are widly accepted on here as experienced long term members as well as people that are relatively inexperienced.

I take the advice from all parties with equal optimism and scepticism.. Why...

1) Different methods work for different people..
2) Its just as well to learn from other peoples mistakes as my own.

There is nothing IMHO wrong with a classroom enviroment. One of the cheif learning tricks is peer discussion... Many times in a School/College/Uni enviroment ive been told a topic and then put in groups to discuss it without neccessarily knowing anything about the topic. The reason is that as a group you find out what questions you should be asking, you are then more receptive the to teachers instruction.

I think the major benefit of sites like forex factory or babypips is they promote discussion which in itself promotes learning.

Personally ive learnt more from inexperienced traders threads than from experienced threads.. In essence ive learnt the problems and what not to do as well as picked up a few usefull tricks.. This has given me a clearer view of what i need to know and the kind of level i need to be at before i can trade successfully.

I respect the OPs intentions of defending newbies, and undoubtedly there is a chance that new traders could be mislead, but thats equally possible on an expert thread if you havent already learnt the basics does and donts.

In summary i think this site is a lot richer with inexperienced traders sharing there methods... for me discussion with a trader of similar experience is invaluable as it helps me consolidate my learning. I hope threads like this dont discourage other traders from sharing there thoughts and systems. After all there are many ssytems by expereinced traders that have failed too!
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