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Jacko's Forex House of Pleasure and Pain

  • #12,241
  • Aug 25, 2010 1:48pm Aug 25, 2010 1:48pm
Not a scooby dooo since 27th July
Quoting billbss
Has Jacko contacted any of these people, recently?
  • #12,242
  • Aug 25, 2010 1:51pm Aug 25, 2010 1:51pm
Quoting elitejets
To be honest if you were going to have someone trade your money for you this is how it should be done. A managed PAMM account with someone like PFG Best where the money is always in your account and you can take it any time (just the trades are duplicated in your account) is the gold standard.

No, I do not work for them and I am not soliciting money. I just learned the hard way as people on this thread did.
This is how legitimate managed funds are set up, I never see the money or ever touch a check. I don't appreciate the bashing I got, but then again, I should have expected it stepping into such a hot subject. I apologize if I offended anyone, it was not my intention.
  • #12,243
  • Edited 2:13pm Aug 25, 2010 1:59pm | Edited 2:13pm
another opportunist, blah blah blah, there should be no posters allowed that manage funds, this is how they start. The sooner stopped, the less the spread of damage.

HAHA, they don't just take anybody in, he is judicial as to who he selects to invest with him...what's the criteria? Gullibility?

Blog posted on wordpress.com same as blogspot.com public blog....let's see has a company that manages funds but does not have his own website. Sounds familiar?

STAY AWAY FOR SELLING PITCHES
"
I started my career in the world of FOREX, where you sink or swim (or a little of both). Fortunately, I am the type of person that doesn’t give up – ever and eventually read the right books, tried the right tactics and gained confidence in my decisions. Along the way a few people learned of what I was doing and decided to give me their hard earned money to invest and grow; and yes, it has grown. Since then, I have gained my Life, Health and Disability Licence in PA and am currently studying for my Series 7 certification. I have a strong portfolio built from Currencies, Commodities and stocks, as well as some non-traditional investments such as Venture Capital deals and real estate opportunities.
If you would like a free analysis of your portfolio or see a way I can help you, please contact me via email on this blog. I can’t promise that you’ll become a client as we are just as judicial about selecting our clients as we are about selecting our investments. It has to be a perfect match for us to do business together.
I have lived in South Eastern Pennsylvania my whole life except for a 3 year stint in Nashville, TN where I started dating my wife. I now reside in Swarthmore, PA near my parents, my 3 sisters and their husbands, and my 7 nieces and nephews (with one on the way!). Family is very important to me. I am excited about what is around the corner, so far I have been blessed with a wonderful family, a beautiful wife and enormous opportunity. My life is still unfolding and I hope to keep people informed of how that goes. I appreciate any comments and constructive criticism."
  • #12,244
  • Aug 25, 2010 2:27pm Aug 25, 2010 2:27pm
Quoting bgin2end
Ok, I know that a lot of you are upset and are typing very fast....
Did you really just start a post complaining about peoples grammar? I would learn some myself if I was you. Along with some punctuation if you're going to complain. You don't need 2-3 "ANDS" in one sentence, that's why we have commas. You don't need a comma before the "but"...that's why you use the "but", so no comma is necessary. You also don't have to read this thread as it's gone to crap anyway if you just "can't take it anymore"...lol

(promotion removed) in your sig...color me surprised
  • #12,245
  • Aug 25, 2010 2:28pm Aug 25, 2010 2:28pm
Quoting wwwin
another opportunist, blah blah blah, there should be no posters allowed that manage funds, this is how they start. The sooner stopped, the less the spread of damage.
this is silly. if there's going to be a Commercial section at all, then any kind of commercial venture related to trading should be on topic and allowed there.

On any given day I can go to craigslist and find postings like these:

http://seattle.craigslist.org/search/fns?query=trading&srchType=A

Caveat Emptor. If cl can do it, why not FF?

the good thing about allowing such postings on an open forum is precisely because there will be healthy criticism. If there had been a thread in the Commercial section set up specifically to discuss the performance and legitimacy of various fx funds then perhaps the obvious shortcomings of jacko's venture would have come to light much sooner and some of these people might not have lost their money...

Why is there a Commercial section on FF? If it is not going to be allowed to become something useful to everyone then it should just be scrapped altogether.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #12,246
  • Aug 25, 2010 2:35pm Aug 25, 2010 2:35pm
Quoting wwwin
another opportunist, blah blah blah, there should be no posters allowed that manage funds, this is how they start. The sooner stopped, the less the spread of damage.

HAHA, they don't just take anybody in, he is judicial as to who he selects to invest with him...what's the criteria? Gullibility?

Blog posted on wordpress.com same as blogspot.com public blog....let's see has a company that manages funds but does not have his own website. Sounds familiar?

STAY AWAY FOR SELLING PITCHES
"
[i]I started my career in the world of FOREX, where...
Please don't post anything from my blog, it's not your's to do so. I do more than FOREX and any investment adviser will tell you that you do your research on both who and what you invest in as well as who and what you invest for. As for a website, you are right I don't have one, because I am not soliciting any business. I write on my blog my thoughts and ideas, not to get peoples money, if you spend any time on there and read it you would know that.
  • #12,247
  • Aug 25, 2010 2:37pm Aug 25, 2010 2:37pm
Quoting uraceulose
Did you really just start a post complaining about peoples grammar? I would learn some myself if I was you. Along with some punctuation if you're going to complain. You don't need 2-3 "ANDS" in one sentence, that's why we have commas. You don't need a comma before the "but"...that's why you use the "but", so no comma is necessary. You also don't have to read this thread as it's gone to crap anyway if you just "can't take it anymore"...lol

(promotion removed) in your sig...color me surprised
I actually indicated in my post that I make mistakes in writing, I was simply asking that people at least try to proof read their posts, that is all. And you are right I don't have to be here anymore and I most likely won't be.
  • #12,248
  • Aug 25, 2010 2:39pm Aug 25, 2010 2:39pm
Quoting The Fool
this is silly. if there's going to be a Commercial section at all, then any kind of commercial venture related to trading should be on topic and allowed there.

On any given day I can go to craigslist and find postings like these:

http://seattle.craigslist.org/search/fns?query=trading&srchType=A

Caveat Emptor. If cl can do it, why not FF?

the good thing about allowing such postings on an open forum is precisely because there will be healthy criticism. If there had been a thread in the Commercial section set up specifically to discuss...
You can't compare FF to craigslist. They are from different planets...in craigslist people place a one or two line ad...nobody vouches for the ad or posts how good the results are, and there are limits on how often the ad can be posted or it is removed....in FF, it is much different, here the poster has unlimited space to tell a story, can post about great trades often and for years, has cronies corroborating the stories, posts a trading system, and so on....in other words, here they build a long term relationship where the scammer has the oppotunity to gain the trust of the scammed.

Conclusion, cannot compare FF to CL.
  • #12,249
  • Aug 25, 2010 2:49pm Aug 25, 2010 2:49pm
Quoting The Fool
you didn't really say anything to refute my point, but just reminded me to not waste any more time reading your drivel, so back in the bin you go.
Oh, gets upset b/c I have a different opinion and starts the personal stuff...act like a man, I only posted my opinion which was different then yours and nothing else. If that upsets you then you have just shown your true colors.
  • #12,250
  • Edited 3:20pm Aug 25, 2010 3:05pm | Edited 3:20pm
Quoting bgin2end
Please don't post anything from my blog, it's not your's to do so...
Once you post anything on a public blog, it is in the public domain, and can be quoted. If you don't want something to be quoted, then don't post it publicly on the internet.

" As for a website, you are right I don't have one, because I am not soliciting any business. I write on my blog my thoughts and ideas, not to get peoples money, if you spend any time on there and read it you would know that.

Sure, they never are soliciting business, they just want to share the weatlh...and "costs are only to cover the SMS" ...etc etc etc...

Classic stuff
  • #12,251
  • Aug 25, 2010 3:59pm Aug 25, 2010 3:59pm
Quoting wwwin
Oh, gets upset b/c I have a different opinion and starts the personal stuff...act like a man, I only posted my opinion which was different then yours and nothing else. If that upsets you then you have just shown your true colors.
He has a point. You didn't refute what he said...

Commercial means you're selling something -- that's it. You can sell money management services just as much as you can sell "mentoring" services, Forex books-on-tape, or access to a "Private Forum".

Do you buy the first LCD TV that pops up at Amazon? Do you put your money in the first random 5-letter ticker you can find on Yahoo Finance? Do you leave your kids with a babysitter you find on the side of the street saying "will work for food"?? No, you do RESEARCH.

You find out a) is the fund registered/regulated b) is the person running it registered with authorities c) does the person have any professional designations, a criminal record, decent experience/education, does he have decent infrastructure/support? d) Is the fund audited and if so, by a reputable accounting firm e) You meet & interview the manager if you're depositing a substantial sum of money and on...and on...and on.

Money management is a fine business but there's a big difference between investing with Blackrock, State Street, Fidelity, etc vs. "Jackson Fortress blah blah" registered in Hong Kong without even an office-front.

Oh one other point... Garrye's posts are impossible to read. He may think it's avante guard to write in a stream-of-consciousness state but for the rest of us we use capital letters and periods to denote the beginning & end of a coherent thought. He should try it, he might like it - and I have no doubt the rest of us will too.
  • #12,252
  • Aug 25, 2010 4:10pm Aug 25, 2010 4:10pm
At least FF has some entertainment value. Reading this thread is way better than trading the late afternoon sessions, such drama and intrigue.
  • #12,253
  • Aug 25, 2010 4:24pm Aug 25, 2010 4:24pm
Quoting InfinitySL
He has a point....

Wwinn does make a point to in his comparison between CL and FF. The rule in FF is simple:

Commercial agendas tend to compromise the integrity of forum discussions and are therefore not permitted. If you make money by servicing Forex traders in any way, shape, or form, or have any commercial agenda whatsoever, you are NOT permitted to post in the forums regardless of whether your posts are promotional or not.

bgin2end is a Fund Manager and therefore has no place anywhere on this forum, period. His membership should be limited to posting in the Commercial Section only.

He, or a mod, has now removed his signature linking to his fund management business, however that does not take away from the fact that he could well have ulterior motives for posting in this thread.

I am strongly against any and all posters that have a commercial motive posting in any of the regular threads, they don't belong on FF.

It is up to us as members to report those that flaunt the commercial restrictions. Twee however should not just remove a post here or there, he should limit those that have any commercial affiliation to the commercial section only.
  • #12,254
  • Aug 25, 2010 4:27pm Aug 25, 2010 4:27pm
Quoting bgin2end
Hold on, I have never advertised on FF.

Irrelevant, you don't belong here. Those were the rules when you signed up here and you ignored them with your promotion of your fund business.
  • #12,255
  • Aug 25, 2010 4:34pm Aug 25, 2010 4:34pm
Quoting cloggie
Wwinn does make a point to in his comparison between CL and FF. The rule in FF is simple:
I didn't argue with that point (in fact, I would tend to agree with that point) and I really wasn't arguing in favor of any particular user's right to post in the public forums. My post was about money management as any other type of product you would do research on and due diligence (with a sidebar on punctuation) similar to any other product/service you would "buy".

He didn't make any mention of that -- as to why other products are OK but not that one particular product.

But to your point -- There's about as much a chance I'd hire my money manager off of craigslist as there is that I'd hire him/her off of FF. LOL
  • #12,256
  • Aug 25, 2010 5:23pm Aug 25, 2010 5:23pm
Quoting cloggie
Irrelevant, you don't belong here. Those were the rules when you signed up here and you ignored them with your promotion of your fund business.
"Rule #3: No Sellers on the Forum
Commercial agendas tend to compromise the integrity of forum discussions and are therefore not permitted. If you make money by servicing Forex traders in any way, shape, or form, or have any commercial agenda whatsoever, you are NOT permitted to post in the forums regardless of whether your posts are promotional or not."

Ok, I agree with you, I didn't trade OPM when I initially started posting on here and I haven't since, except for today. Go ahead and look at my post history...I never once, ever tried to solicit anyone or any money. I posted a lot when I started then stopped when I started trading OPM, I just thought I'd post my experience with Jacko. Why would I be looking for people to scam in a place where they were just scammed, that thought is ludicrous.

BUT this means that James16, Clockwork71 and a whole slew of others that post 5-10 posts/day are not allowed to post on here...

Please do not misread my intentions, my only point was to share my experience with Jacko and offer a piece of advise on being INDEPENDENT with your trading (http://www.forexfactory.com/showthread.php?p=3976292#post3976292)
  • #12,257
  • Aug 25, 2010 5:30pm Aug 25, 2010 5:30pm
and...

Quoting cloggie
bgin2end is a Fund Manager and therefore has no place anywhere on this forum, period. His membership should be limited to posting in the Commercial Section only.
This is the Commercial Forum!

Quote
He, or a mod, has now removed his signature linking to his fund management business, however that does not take away from the fact that he could well have ulterior motives for posting in this thread.

My link was to my blog were I post my positions and the occasional oped piece, it was not a link to my business...

]
  • #12,258
  • Aug 25, 2010 5:41pm Aug 25, 2010 5:41pm
Quoting bgin2end
and...



This is the Commercial Forum!

Correct, however you portray yourself as a regular member while you are clearly a commercial member and should be classed as such.


Quote
My link was to my blog were I post my positions and the occasional oped piece, it was not a link to my business...
Oh really? What do you call this then?

Quote
My name is Michael Goldsborough, I own an independent asset management company, Goldsborough, Painkin International, LLC
Quote
Along the way a few people learned of what I was doing and decided to give me their hard earned money to invest and grow; and yes, it has grown
Quote
I have a strong portfolio built from Currencies, Commodities and stocks
Source: your blog (http://bgin2end.wordpress.com/about/)

So how did they learn about what you were doing? Sending a few PM's to members here? Solliciting a few noobs in parting with their cash?

Here is one of your posts from Feb promoting your blog and your services, baiting with some miraculous system and referring the gullibles to your blog where you can rope them in.:

Quote
400 pips in about 2 hours!!!!

I got caught long and wasn't at my screen!! I explain what I am doing with the trade and how I plan on working my way out of it on my blog post (http://wp.me/sqNm6-wowzah). Feel free to check it out. Once there (my longs will be in profit!!)
http://www.forexfactory.com/showpost.php?p=3432269&postcount=7034

So in my book you are in the same league as Jacko and use the same tactics.
  • #12,259
  • Aug 25, 2010 5:49pm Aug 25, 2010 5:49pm
Quoting cloggie
Correct, however you portray yourself as a regular member while you are clearly a commercial member and should be classed as such.


Oh really? What do you call this then?

Source: your blog (http://bgin2end.wordpress.com/about/)

So how did they learn about what you were doing? Sending a few PM's to members here? Solliciting a few noobs in parting with their cash?
No, I never received any funds from a FF member, they are all family and friends, people that live around me and know me. That's how they learned what I do, by knowing me. In my about section on my blog I can state what I do and how I got there to do it. I also didn't know that there was a commercial designation AND I haven't really posted here at all since I started my business. So I am not sure how I am being portrayed as a villain...
  • #12,260
  • Aug 25, 2010 5:51pm Aug 25, 2010 5:51pm
Quote

Here is one of your posts from Feb promoting your blog and your services, baiting with some miraculous system and referring the gullibles to your blog where you can rope them in.:

http://www.forexfactory.com/showpost.php?p=3432269&postcount=7034

So in my book you are in the same league as Jacko and use the same tactics.

read this first, it was in response to his chart....

http://www.forexfactory.com/showthread.php?p=3431756#post3431756

I was saying I was long in that drop... nice try though. Try reading what I say in context. I also had a link to my blog because I didn't want to clutter up Clockworks thread and I had already type a nice long explanation on how I was going to work my way out of a 400 pip loss....

Just thought you should have your facts straight. Now if every one is done slandering me, I will be gone...thanks.
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