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Scammers - Hall of Shame

  • #181
  • Nov 18, 2014 7:59am Nov 18, 2014 7:59am
Quoting Porkpie
{quote} ...The real work is working on yourself.
That is the most important part in this business - and the hardest.
  • #182
  • Nov 18, 2014 10:19am Nov 18, 2014 10:19am
How about a certain supply and demand thread and associated website that exist to recruit members to learn to trade for their leader, who admittedly doesn't trade anymore, for the purpose of funding said leader's retirement.
  • #183
  • Nov 18, 2014 1:36pm Nov 18, 2014 1:36pm
hmm... Looks like eurusdd banned me from posting in his 'thread' ....

now he claims ; "I lost an Iphone and i was signed into FF at the time. So it is possible that whoever has it can still enter into my account.


So someone in ghana found his phone and then gained 'forex' knowledge and carried out a scam not just on FF but also skype too.... LOOOL!

At this point anyone who gives any money to this guy is a certified idiot. They should have banned him for good. He shouldn't be allowed to hold a commercial status or sell anything to anybody, imo.
  • #184
  • Nov 18, 2014 1:51pm Nov 18, 2014 1:51pm
Quoting cenetti
At this point anyone who gives any money to this guy is a certified idiot.
Everyone who gives any money to any anonymous person met in an internet forum is a certified idiot
  • #185
  • Nov 18, 2014 1:59pm Nov 18, 2014 1:59pm
Quoting cenetti
hmm... Looks like eurusdd banned me from posting in his 'thread' .... now he claims ; "I lost an Iphone and i was signed into FF at the time. So it is possible that whoever has it can still enter into my account. So someone in ghana found his phone and then gained 'forex' knowledge and carried out a scam not just on FF but also skype too.... LOOOL! At this point anyone who gives any money to this guy is a certified idiot. They should have banned him for good. He shouldn't be allowed to hold a commercial status or sell anything to anybody, imo.
He did not ban you but set the thread only for "high impact member" only or in his buddy list ........... he can control who may post there probably to prevent those did send money to him or being solicited from posting .......

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 9 KB
  • #186
  • Nov 18, 2014 2:08pm Nov 18, 2014 2:08pm
Quoting Ken A
{quote} He did not ban you but set the thread only for "high impact member" only or in his buddy list ........... he can control who may post there probably to prevent those did send money to him or being solicited from posting ....... {image}
Eitan's not that smart. He just puts them on ignore.
  • #187
  • Nov 18, 2014 2:14pm Nov 18, 2014 2:14pm
Quoting cenetti
hmm... Looks like eurusdd banned me from posting in his 'thread' .... now he claims ; "I lost an Iphone and i was signed into FF at the time. So it is possible that whoever has it can still enter into my account. So someone in ghana found his phone and then gained 'forex' knowledge and carried out a scam not just on FF but also skype too.... LOOOL! At this point anyone who gives any money to this guy is a certified idiot. They should have banned him for good. He shouldn't be allowed to hold a commercial status or sell...
Certified idiots, hmmm let me see... think I can dig something from my personal archive. Ten years ago, I had lots of fun reading certain pages....Aha, here it is ----> scammers amateurs becoming victims of their own scam.
:: everything is awesome ::
  • #188
  • Nov 18, 2014 2:25pm Nov 18, 2014 2:25pm
"For over a year, I have done less than two hours charting per month.

I chose not to be a trader. I opted instead to train people to be the best traders in the world."

Would you trust a trader who has made the above statement. If you don't trade how can you teach others?
  • #189
  • Nov 18, 2014 2:32pm Nov 18, 2014 2:32pm
Quoting Winston Reed
"For over a year, I have done less than two hours charting per month. I chose not to be a trader. I opted instead to train people to be the best traders in the world." Would you trust a trader who has made the above statement. If you don't trade how can you teach others?

I said it here earlier, I'll say it again. People are extremely stupid. A successful trader doesn't need to sell anything to anybody. And if they think he is because he's a'nice guy' then they really deserve to LOSE all their money anyway. With that kind of low IQ, if not this scammer it'll be some other....
  • #190
  • Nov 18, 2014 2:33pm Nov 18, 2014 2:33pm
"Pretty soon I'll be trading the fund full time for a while. During this time all my trades will be audited and published.

I'm the teacher there, and have hardly traded at all over the last year, as I'm sure you can imagine .

I hope, however, that my students get good enough to trade the fund we're gathering, in which case all of their trades will be audited and published.
I'll be trading the fund too when I have time, but really I reckon the graduates' results will be the test of whether the course works or not '

In any case, the academy won't be enrolling students until it's proven to work; I want the traders, not the enrolment fees!"

Wouldn't it be nice to recruit a bunch of traders to trade for you and live off their efforts?
  • #191
  • Nov 18, 2014 2:36pm Nov 18, 2014 2:36pm
Quoting Winston Reed
"For over a year, I have done less than two hours charting per month. I chose not to be a trader. I opted instead to train people to be the best traders in the world." Would you trust a trader who has made the above statement. If you don't trade how can you teach others?
Good post Winston. Might even go a step further myself. Even if you did trade all the time and profitably as well, it's still a cast iron task to teach others. Unless you find someone almost exactly like yourself.

How do you cram many years and tens of thousands of hours of gut wrenching market and self discovery into a ... "few lessons"? At any price.
Ghost Rider - WWTBMD?
  • #192
  • Nov 18, 2014 2:38pm Nov 18, 2014 2:38pm
"Did you not read what I wrote? For YOU, I'll trade full time for a while, so you can see what can be achieved by reading the market and actually spending time in it.

I'm really looking forward to humiliating you, so do please tell me; what % return would you like to see so you'll apologise?
And what % do I need to gain so I never have to hear from you again?

It's a fair question, no? So please answer or do your trolling elsewhere "

A challenge never made good on. What a coward!
  • #193
  • Nov 18, 2014 2:38pm Nov 18, 2014 2:38pm
Quoting cenetti
{quote} I said it here earlier, I'll say it again. People are extremely stupid. A successful trader doesn't need to sell anything to anybody. And if they think he is because he's a'nice guy' then they really deserve to LOSE all their money anyway. With that kind of low IQ, if not this scammer it'll be some other....
Absolutely!
  • #194
  • Nov 18, 2014 2:59pm Nov 18, 2014 2:59pm
"It gets easy with time

I'm not even a part time trader now, so I miss nearly every piece of action there is.

If I ever open the charts and see a trade opp right in front of me, I take it.

However, I usually get between 10R and 25R per trade. If I lose, it's usually no more than the spread and commission.
There are between 5 and 20 such confirmed trades available every day.

So, work out what's a good % to risk, and do the math to see what's possible (Don't tell me the answer though - I don't want to be reminded of what I'm missing out on )"

Above is a statement from a trader running a website that recruits traders to trade a so-called fund. Unbacked up statements about trades.
  • #195
  • Nov 18, 2014 3:01pm Nov 18, 2014 3:01pm
"For one, the fact that I can make a lot of money takes the pressure off me to make a lot of money! (A martial arts master is the last person to ever get in a fight; with nothing to fear, why should he ever do so?)

Also, my personality doesn't allow me to do repetitive tasks. As a trader, I'd wither and die in no time.

I have some truly excellent graduates and students though, whom I'll be happy to support in their trading, so that we can do something truly unique, posing a panoply of massive challenges to our team for the rest of my life.

Finding how the markets work was a lovely puzzle, but that's done now, so it's time to move on to the next challenge; creating a group of traders who can read it just as well as I.
At the same time, there's the challenge of building and running the fund.
A very large chunk of the profits from that will be distributed around the planet, and you can just imagine the challenges we'll face with that

To live for the pursuit of wealth would be to waste my life, when what I really want to do is make an international culture which sustains itself and nurtures every individual. Why do I want to do that? For one, it seems like that's how the world should be. For another, it'll keep my mind buzzing as long as I live "

More....
  • #196
  • Edited 5:36pm Nov 18, 2014 3:06pm | Edited 5:36pm
Quite a few successful business men were lured to Ghana and Nigeria in the early internet days. A few were even murdered for the money they brought with them. Greed comes to mind, desperation as well... I don't think it's nice to call people stupid. Sometimes we all do dumb shit...... especially when it comes to women.

Quoting cenetti
{quote} I said it here earlier, I'll say it again. People are extremely stupid. A successful trader doesn't need to sell anything to anybody. And if they think he is because he's a'nice guy' then they really deserve to LOSE all their money anyway. With that kind of low IQ, if not this scammer it'll be some other....
SPC * Swollen PocketZ Crew!
  • #197
  • Nov 18, 2014 3:07pm Nov 18, 2014 3:07pm
http://www.easyfreesmileys.com/smile...mileys-211.gif
  • #198
  • Nov 18, 2014 3:10pm Nov 18, 2014 3:10pm
"Wow, lots has been going on in here!

Please don't anybody concern yourselves with whether I'm a scammer or not.

I have enough students with me now to do exactly as I've always planned, so I have no need of more. The last class comes in at the end of the month, and that's that; the doors close, so I can spend my time with my traders until they don't need me in the trading room any more. Then I can get really busy "

Enough robots to secure his retirement.
  • #199
  • Nov 18, 2014 3:15pm Nov 18, 2014 3:15pm
"FXY

You posted recently about the mistakes pro traders make

Well, I'm not a pro trader. In fact, I don't consider myself a trader at all! But I am profitable, if that counts me as a pro.

I do make mistakes, and recently have been making more than ever

http://screencast.com/t/vXYMWYScpC

That flattish bit, sloping down, is where I took unconfirmed trades. Lots of them.
I'd never encourage my students to take those trades, but I regularly take them myself, causing myself nothing but aggravation!

It may seem I take these trades out of hubris, and maybe that's part of it. But really I take them out of boredom, and my own need to take silly risks.



This is the reason I don't consider myself a trader.
When I was a kid I worked in my Dad's joinery. I'd regularly swish my hand over the spinning blade of a table saw, trying to get as close as I could without chopping my fingers off. I shudder to think about it now, but I know that there's still a part of that idiot still inside me, and he surfaces sometimes when I'm at the terminal, goading me to press that button

No matter how good we get at reading price, we always bring ourselves with us everywhere we go. I'm a reckless fool, and always will be, regardless of whether it's a terminal in front of me, or a bare wire begging me to test it for electricity!
Attached Image (click to enlarge)"

All from a trader running a website claiming to have all the answers on "readingthemarket".
  • #200
  • Nov 18, 2014 3:16pm Nov 18, 2014 3:16pm
I vote for the broker FXCM and Gain Capital.

Here's a short video on how they scam their clients:

Inserted Video
Please check out my blog at https://from-zero-to-hero . net
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