These people live off your subs in the Costa Del Sol where you don't need to be FSA regulated.
They don't actually trade these markets themselves they do a kind of Horse race commentary on the action
in the mornings.
"Its all set up for a move down, but we might get a retrace" is normally what your hear
or
"we can't enter now, lets wait for the pull backs" The ol 123 play LOL..
They are very crafty on giving exact entries and Dan Armitage is a very good speaker so he has all eventualities covered with his commentary spill.
Most of the people in the chat room know nothing about trading only what they have learnt of forex forums etc so they find all this fx500 info quite mesmerising. Sure you will lose at a lot slower rate following the fx500club, but if it was such a winner why the hell are these guys not trading and just living of (97£ x as many lemmings as can be sucked in each month).
Hemal left the club as he is not a con merchant.
Zak is a drunk spends he subs money in the bars down the beach on the Costa Del Sol
James hes now a FOREX expert calling pairs in the morning when he was exclusively a indice trader and knew nothing about forex pairs till 6 months ago.
Dan is the chief con man pulling the strings of the operation.
Be very careful folks committing your hard earned cash into these Forex markets. Dan and ZAk and Co don't LOL....It really is a hostile place and the REAL PROS don't bother out there with silly little trading rooms etc..
Hi Sc0pian,
Interesting post.
Can I ask, what are your motivations for this post? It seems to be personal. Am I wrong? Theres not much on there about trading itself. Its more of an attack on the individuals themselves and an in-direct attack on the regular guys and girls in the room. Guys and girls like, Fran, Joan, Ashok, Graham, Ken, The Marks, Paul B, Craig, Reuben, Gary, The Toms, Zia, Henk, Anders and the many many others who also play a massive part in making the Live Room an excellent place to be. Is that because you are unable to measure Dan's, James' and Zaks successes? Of course you are unable to do this. You cant tell me how Ive benefited. You dont know that I have been able to give up my job in recruitment because of their training and advice. You dont know that all my bills get paid on time because of the support I get from the FX500Club live room and Monkey School and Im sure you cant tell me about the others in that room that share the same experiences and successes as me. Also, you clearly dont know who is the room or what goes on in their because you wouldnt of suggested that only inexperienced traders attend. Youre running the risk of making yourself look a little bit silly.
Youve listed a lot of strong opinions in your post but you havent backed them up with anything concrete. Why is that?
Also, why are you so concerned with what they are doing? When I dont like something or someone, I just get on with doing my own thing. I dont concentrate on convincing others to share the same thoughts as me. Why is this important to you?
I find it hard to believe a word you have to say, mainly because of my own personal experiences with The FX500 Club and James, Dan and Zak. However, if I didnt have those experiences, I would still find it very hard to believe you. You have come across as a very untrustworthy individual. I dont know you and I cant be to sure but its seems to me that you could be a malicious and bitter person. Please forgive me if Im wrong and if Im talking out of turn but Im just being honest with you and this is the impression you are giving.
Maybe, just maybe, its time you stopped judging others and took a good look at yourself.
Anyway, best of luck Scr0pian.
Brett