One who poses as a satisfied customer or an enthusiastic gambler to dupe bystanders into participating in a swindle.
You are right! I need you to participate in this "swindle" (trading) so I can take your money. You got me!
ET is a really neat thing to watch. 2 years ago, everybody was about catching the trend. Now, everybody is jumping the "mean reversion", "short volatility" train. Not hard to see why: vendors and would-be gurus/mentors always optimize to the last couple of years since that's what makes their mythical systems look best. A classic, current example of this is Maestro: 18 months ago, posting as "abogdan", he was all over trend following. Market changes, hypothetical trending systems start failing, so an alias change later, a new hypothetical system shorting volatility, and he's calling Schwagger trying to bag an interview. It doesn't take a genius to see how this will all end. Never, ever trust a vendor unless they can verify the performance in black and white.
Well, I hope that's wrong for a start, otherwise I've just wasted the last 5 years of my life making a living doing day trading!
has anyone used or know anyone tghat has tried futures trading academy?...they trade there own money ..sound sgood...although 300 a month.....
bobcathy made similar claim until one day she fessed up to everyone that it was all a fable. I get the feeling many of the big talkers are of similar ilk. Mr. Zen