Great idea for a thread Sam
i have many times jumped on the slag of the vendor motion. I do it for a reason.99% of vendors that come on here are here to rip of people who are trying hard to find a successful way of trading and are easily exploited, we've all been there. so yes you are guilty until proven innocent.In your case,were you top do a day or week of live calls on the thread,then very few could question you. i understand that's probably hard for you as you are a scalper, but do not knock people for trying to protect others.
Point taken LF, I think its great that forums exist and do have a potentially strong role in scam prevention. But to portray that every business is a scam is not helping anyone.
Regarding making live calls on the thread, I basically did that already. I offered a free live access into our trade room with a WebCam for free to members of this board with no time limit and I didn't even ask for your e-mail address or any contact information whatsoever. And I made live trades and commentary on the mic.. all you had to do was stop by. It was three solid hours per day of tick by tick commentary and coaching regarding all aspects of Forex trading. No sales. Basically free training and live trade calls. You're telling me that has no value to this board? I also encouraged open discussion on this forum in a dedicated thread to ensure transparency and to allow open reviews. The
thread was referenced in wackypetes reply in this thread. Everyone that actually attended thought it had value...
no one felt any pressure to become a member and no one was contacted at a later date with any sort of sales pitch. In other words traders could log on anonymously, everyday.
So devilish, isn't it?
so am I to believe that anyone who charges for a service is a scammer? that anyone who does not provide completely free services should be scorned? I understand that there are many worthless vendors and systems out there, just like any industry. But it seems to me, if this board was really concerned about its members, then instead of demonizing all paid services, they would provide a place for services to represent what they have to offer in a way that would allow open review on this board, and require vendors to provide free information and services to its board members in exchange. precisely what I was trying to do, as a show of good faith.
I don't see how the number of posts is overly relevant. I generally trade 4 or 5 times a day and have skype open and often t2win. I've average about 2 posts a day, 80% of those were done on the live trade thread when I was posting 20 times a day. if I didnt have company of other traders id go mad
you mentioned you go mad without the company of other traders. I understand that. And that is why we have created our trade room. So others can trade with other traders in a real-time, interactive environment. I know traders prefer this. And rightly so, there is no other way to learn than with other traders live. but if I don't give out completely free memberships, then I must be a scammer?I thought this was a capitalist country. Why is it you want everything for free?
regarding the number of posts made by board members... It's not overly relevant except for the fact a board member's sole basis for legitimacy rests on the number of posts that are made. That is kind of misleading, insinuating that the number of posts made is somehow related to actual forex knowledge.. seems a little scammish to me to be quite honest....
I must admit it was kinda fun imagining all the Legendaries running to their calculators to figure out how many posts per day they were responsible for.. This thread has turned into a "who's who of Legendaries" I feel honored... I am particularly proud of pboyles who was able to rack up another 10 posts.. Is there a level above Legendary?
But seriously, this board has potential, but to label all vendors as scams actually hurts your members.. Remember there is a 95% failure rate in this business (not much different than any other business). The missing link is proper training, just as learning any new skill. Playing guitar, golf, engineering, any business skill requires training, etc. to believe you all can get rich and not make a dime of investment in the education of your new skill is simply naive. Why is Forex trading so different that any paid training is deemed worthless? It is simple to do what I do. Because I trade every day already, and it's no extra effort to do it with a headset on for the benefit of hundreds of other live traders. And it was no extra effort to provide free trade room WebCam to this forum board. I thought it would be something that was unprecedented, true transparency, something I was providing that is never provided in this industry.
To your post pboyles:
Spoken like a true vendor. Check out the vendor badge.
Did you think you were uncovering anything? In
my first post on this board I introduced myself as exactly who i was.. never attempted at any time hide my identity, to be sneaky, I have always been up front. I know I can be upfront because what I and my colleagues provide is a quality service, that is why i challenge the Legendaries... Because I know for a fact what it is like to be a new trader, I was there to.. and trying to piece together a strategy and develop the discipline required is a long discouraging road, and responsible for the termination of many a forex trader's career, and I wished I had gotten the right training to begin with.
again I reiterate to new traders... do your due diligence! take advantage of free trials on live trading rooms. You will learn something at the very least. Ignore systems and strategies that are not taught in a LIVE MARKET environment, and that is the only way you will see if a system can be traded.
Sam