jamescummins
Member
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Hi All,
Just read a tiny few of the recent posts... It's horrible reading! Seems thousands are still getting absolutely mugged for all their cash by scam artists and boiler rooms.
Please, everyone, especially new people, realise the following:
1.) NO-ONE gives away trading secrets. If you have a profitable strategy, you would not sell it. No one in the world would sell a profitable strategy - you would trade it yourself. If you didnt have any money to trade it profitably yourself, you would go to a reputable bank, explain your strategy, and they would fund it.
2.) NO-ONE has a trading programme, algorythim, black box model, or anything like that that consistently predicts winning trades. It literally does not exist anywhere in the market.
3.) Brokerage houses do not ring retail clients to tout small / micro cap shares. If anyone does ring you about a mickey mouse firm that they think is the next big thing - it isn't: it's total nonsense.
When you think about it, it makes sense no-one would give any of this away. If you have a trading system that is profitable, well, you're a hedge fund, and you stand to make absurd amounts. No-one would 'share' that potential, it just doesn't happen.
If anyone thinks I am being cynical, feel free to comment. I am genuinely experienced in the markets, I do work as a trader and have done for a long time, and I do understand the industry more broadly. Any questions - fine, but please everyone, just accept, it is VERY difficult to make money trading. You have a huge information disadvantage on everyone else in the market, and even a wealthy retail client is horribly underfunded comparatively.
No-one makes large sums, very quickly. IT JUST DOESN'T HAPPEN.
ANYONE suggestion otherwise is telling outright lies.
Just read a tiny few of the recent posts... It's horrible reading! Seems thousands are still getting absolutely mugged for all their cash by scam artists and boiler rooms.
Please, everyone, especially new people, realise the following:
1.) NO-ONE gives away trading secrets. If you have a profitable strategy, you would not sell it. No one in the world would sell a profitable strategy - you would trade it yourself. If you didnt have any money to trade it profitably yourself, you would go to a reputable bank, explain your strategy, and they would fund it.
2.) NO-ONE has a trading programme, algorythim, black box model, or anything like that that consistently predicts winning trades. It literally does not exist anywhere in the market.
3.) Brokerage houses do not ring retail clients to tout small / micro cap shares. If anyone does ring you about a mickey mouse firm that they think is the next big thing - it isn't: it's total nonsense.
When you think about it, it makes sense no-one would give any of this away. If you have a trading system that is profitable, well, you're a hedge fund, and you stand to make absurd amounts. No-one would 'share' that potential, it just doesn't happen.
If anyone thinks I am being cynical, feel free to comment. I am genuinely experienced in the markets, I do work as a trader and have done for a long time, and I do understand the industry more broadly. Any questions - fine, but please everyone, just accept, it is VERY difficult to make money trading. You have a huge information disadvantage on everyone else in the market, and even a wealthy retail client is horribly underfunded comparatively.
No-one makes large sums, very quickly. IT JUST DOESN'T HAPPEN.
ANYONE suggestion otherwise is telling outright lies.
I've got my own strategy actually... If everyone sends me £10,000 I'll explain it from my yatch in the Bahamas!
