The "they're sociopaths" explanation has been mentioned in this thread before and it makes a lot of sense. I'm convinced :)
There are plenty of "guys" (I think they're rats actually) who have websites, trading rooms, etc. who claim that you need 10,000 hours of...
Meh. I note the recurring "what did you expect you lazy/dumb/greedy bastard?" theme. It does have merit if we're talking about someone who's been...
I really don't get the logic of blaming the victim. A victim who's not a perfect human being (however you happen to define it) is still a victim.
Of course you're free to feel however you feel. Yes, some victims are lazy. Some are dumb. And some are both. Yet, some are neither. But they are...
CFTC and SEC do enforce but lack resources to do so on any meaningful scale. It's a low priority. And honestly, they're probably right to have it...
That doesn't answer it because I'm an American too and I feel differently. There's nothing wrong with money per se. Or wanting success. Or...
What they are doing is certainly a crime - fraud to be more precise. The SEC and CFTC just don't have resources to prosecute even 1% of them and...
Plenty of good, ethical, responsible, competent, intelligent people (and organizations!) become victims of all kinds of crime every fucking day....
So identity thieves provide a service. It's not fraud because if we weren't so greedy we wouldn't develop all these options to get credit cards,...
Preachy victim blaming nonsense. There is absolutely nothing wrong with wanting to become successful. As long you go about it ethically. And...
Of course I can blame them. I think a better question is: how can you not?
To think of how much losses the retail trading industry as a whole inflicts on the middle and lower classes... The money lost trading, the money...
I understand the sociopath aspect of the scammer, that's a great point. It's just hard for me to empathize with that if you will or imagine what...
Sounds about right. What's $5K when he nets 5 ES points per day every day? And pretty soon you'll trade 2 contracts and then 4 and pretty soon...
There are two reasons why there so few legit educators: 1) Trading successfully is incredibly hard for a retail trader. Very few reach that...
Plenty of scammers have written books precisely because you put book writers into a different category - adds a lot of legitimacy. Many publish...
Hahaha! Fraud is not free market. I'm very libertarian but fraud is fraud. I don't think it's above 99.95%.
fails the italian cars test...
Retail traders are desperate to find something, anything that works. They're not looking to get scammed. I don't think anyone deserves to get scammed.
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