Fake Gurus List

Discussion in 'Educational Resources' started by Trader H.C., Aug 29, 2020.

  1. Dazz,

    Are trade for greatness trading real money or paper money? Shows sim money on the website.

    upload_2020-9-4_13-34-43.png
     
    #61     Sep 4, 2020
  2. Dazz

    Dazz

    my understanding of this room and others is that their actual $$live contract size may be 8-11-15 or more contracts but for consistency and uniformity, 3 are taken and always in sim. That room made over $7000 last month in real time -find me an other room that did better with equal transparency and execution.
     
    #62     Sep 4, 2020
  3. Dazz,

    lol, the trades are SIM, paper money. Why would I pay money and waste time to watch someone trade sim for? Why April does not trade real money? Also, there is no broker statements on the website.

    I can create my on website and trade room and trade sim.

    I think I'll just stick with Al Brooks. Unless someone wants to show me their real account trading in real time, with real money and real PnL, I will keep my money in my pocket and figured it out myself.
     
    Last edited: Sep 4, 2020
    #63     Sep 4, 2020
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  4. Dazz

    Dazz

    OK, but no one is obligated to show you their real account trading in real time. That is an unrealistic expectation inviting a non-existent outcome.
     
    #64     Sep 4, 2020
  5. deaddog

    deaddog

    If you are charging me to be in your room I don't think it would be unreasonable to ask you to trade real money.

    Set up an account for the calls you make in the room. See if the fills are the same as on the sim.
     
    #65     Sep 4, 2020
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  6. Overnight

    Overnight

    My old mentor gave me a hint to why this is so...He said, basically, that if you are running a room showing trading with a real money account, and you charge money to see those trades, you need licensing because you have effectively become a financial advisor.

    Something along those lines.
     
    #66     Sep 4, 2020
  7. tiddlywinks

    tiddlywinks


    If that were true, cut and dry, there would be no fuss explaining the use of Sim accounts. In fact, true marketeers would exploit the hell out of that explanation and gain even more membership.
     
    #67     Sep 4, 2020
  8. Overnight

    Overnight

    Hey, that's what he told me. And it makes logical sense.
     
    #68     Sep 4, 2020
  9. Dazz,

    It will be a cold day in hell before I pay to watch someone trade paper money. The Fuck.
    You must be damn crazy.
     
    #69     Sep 4, 2020
    Axon likes this.
  10. Dazz

    Dazz

    your call and your opinion, so find me 3 rooms out of 2107 that undeniably and unequivocally trade live $$$ on an FCM account (there are 61 registered in the US) that can be verified and authenticated with daily/weekly brokerage statements (not videos, claims of authenticity, or marketing statements, etc.).
     
    #70     Sep 4, 2020