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Robert (robw135)
Jul 09 2010 at 03:13
140 posts
Elkart

I could not express my opinion on freedom better
That last comment earned you a vouch :)
(just kidding most your comments are spot on)
 

R

bluemele
Jul 15 2010 at 15:09
272 posts

Elkart posted:
    But there is another side to it.

The price of freedom is I guess that you're allowed to do stuff that gets you hurt. In Thai if I want to get on my scooter after a few beers and go slap myself into a truck that's really my problem. They'll pick me up and dust me off best they can. But no one is going to lie in ambush outside the pub to prevent me from hurting myself.

In New Orleans I stumbled out a pub and the police were waiting on horses. I was still wondering what the heck was going on and they were already pushing people around to disperse the crowd. Just in case anyone had any ideas about not going straight home in taxi's. Police state if I ever saw one, same as Ozzy. Can't pay me to live in USA or Ozzy. There's no freedom.

In effect what I'm saying freedom comes at a cost and that cost is a little bit of chaos. Fx we can still pretty much do what we want to. Anybody can be a MM. And the cost of that is the scams. And quite frankly the only people who fall for it are the greedy quick buck crowd.


Elkart,

Thanks for your insight. Being ex-military I find it interesting in how little I appreciate the USA these last 10 years.

It is not my place to judge or evaluate some scam here and there. I guess I find it challenging to see people take 'advantage' of other people. :(

I almost got knifed one time in Amsterdam as I hugged a strange drunk 19 year old american girl who was in the process of getting her purse cut-off of her shoulder. I got followed for 2 blocks with knife's out by about 3 thugs. The funny thing is, I would probably do it again. Stupid me. :)

I am glad of the freedom of these investments. FIFO and No hedging is a great example of how oppressive our governments choose to be. Onward and Upward! :) I will focus on my own investments. :)

gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
bluemele
Jul 15 2010 at 15:11
272 posts

stevetrade posted:
    I think some MT4 brokers do offer futures, Broco I think offer some pretty exotic things to trade on the MT4 platform.

That is in no way a recommendation of this broker, by the way.



I will check them. I like the system I already have without MT4 ($$$Tradestation$$$), but that could be something interesting to check out. :) The key for me is to grow some cajones and start putting down some real money on my futures trading. :) Tired of +200.00 days and ready for +2000.00 days! :)

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
pulsescan72
Aug 09 2010 at 20:25
6 posts
Unfortunately there are scams in just about every industry. Having worked on Wallstreet for a very long time I can tell you that most of the crime I witnessed first hand came in the Real estate game. Tony Montana and Tony Soprano rule the Real Estate game. Gangsters abound be careful who you listen to. Most legit dudes (like myself) don't touch peoples money. I only have limited trading authority on the accounts that I manage and I'm very careful and choosy on whom I work with. I've been screwed too on the management side. You see it is up to the client to pay me. I charge 50% of profits on a weekly basis so every Friday I take my cut. Well needless to say that sometimes people forget to pay you. Oh I know that you made me $100,000 this week but I don't want to pay you $50,000. The truth of the matter is that people are greedy and once the money starts flowing people tend to change. Be cautious.

Robert (robw135)
Aug 09 2010 at 20:58
140 posts
I wouldn't worry about that if they want to be greedy let them, the problem is on their side since that is the last 100K they are going to see coming from you, and once that is gone guess who is going to knock on your door. I probably wouldn't open it.


R

pc8multifx (pc8multifx)
Aug 09 2010 at 21:05
879 posts
They don't knock on your door, they just do it again with the next account manager. These kind of fraud has a systematic backround..

Robert (robw135)
Aug 09 2010 at 22:11
140 posts
Most brokers have a system where they can't withdraw before you're fees are deducted so in many cases its just a matter of right set up and there isn't that many good managers that they can keep pulling this with, eventually the word gets around.

R

bluemele
Aug 10 2010 at 01:07
272 posts

pulsescan72 posted:
    Unfortunately there are scams in just about every industry. Having worked on Wallstreet for a very long time I can tell you that most of the crime I witnessed first hand came in the Real estate game. Tony Montana and Tony Soprano rule the Real Estate game. Gangsters abound be careful who you listen to. Most legit dudes (like myself) don't touch peoples money. I only have limited trading authority on the accounts that I manage and I'm very careful and choosy on whom I work with. I've been screwed too on the management side. You see it is up to the client to pay me. I charge 50% of profits on a weekly basis so every Friday I take my cut. Well needless to say that sometimes people forget to pay you. Oh I know that you made me $100,000 this week but I don't want to pay you $50,000. The truth of the matter is that people are greedy and once the money starts flowing people tend to change. Be cautious.


Well, you make them 100K, this week of which 50K will be yours, but the next week you lose them 100K. Do you give back the 50k? Or, do you never lose? haha... :) I personally don't invest with plans like that as they are rediculous in that the investor always gets worked. Anyone can have a bet to the stars and win, but can you do it repetatively. Any plan that is 'weekly' is asking for TROUBLE....

I agree, RE guys are seriously corrupt in most regards. I have done just about every type of deal in many states and I could count the honest people on my hands. :) Of course, honesty always seems to be a matter of perspective... :)

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
pulsescan72
Aug 10 2010 at 11:02
6 posts

bluemele posted:
    
pulsescan72 posted:
    Unfortunately there are scams in just about every industry. Having worked on Wallstreet for a very long time I can tell you that most of the crime I witnessed first hand came in the Real estate game. Tony Montana and Tony Soprano rule the Real Estate game. Gangsters abound be careful who you listen to. Most legit dudes (like myself) don't touch peoples money. I only have limited trading authority on the accounts that I manage and I'm very careful and choosy on whom I work with. I've been screwed too on the management side. You see it is up to the client to pay me. I charge 50% of profits on a weekly basis so every Friday I take my cut. Well needless to say that sometimes people forget to pay you. Oh I know that you made me $100,000 this week but I don't want to pay you $50,000. The truth of the matter is that people are greedy and once the money starts flowing people tend to change. Be cautious.


Well, you make them 100K, this week of which 50K will be yours, but the next week you lose them 100K. Do you give back the 50k? Or, do you never lose? haha... :) I personally don't invest with plans like that as they are rediculous in that the investor always gets worked. Anyone can have a bet to the stars and win, but can you do it repetatively. Any plan that is 'weekly' is asking for TROUBLE....

I agree, RE guys are seriously corrupt in most regards. I have done just about every type of deal in many states and I could count the honest people on my hands. :) Of course, honesty always seems to be a matter of perspective... :)

Gil


I can't speak for what you might have experienced in the past however this is how I work. I'm very good at what I do and I have never had a problem with the set up (with the exception I listed above earlier). For this reason I am very selective in whom I chose to work with. There are very few people on the planet that can do what I do. I'm the only guy I know on the internet that gives out market commentary and signals FOR FREE!!!. I have not found anybody with better. If people could make money consistently on their own I wouldn't have any clients. You see I trade stocks, futures and forex so my system is robust and has done well in all market conditions and time frames. As for losing $50,000 in one week I can't speak on it because that has not happened to me since I use very strict money management guidelines. Losing that kind of money would be unacceptable to me.

bluemele
Aug 10 2010 at 12:42
272 posts
That is great! I am glad you are that good, because I haven't found anyone that good yet. My mentor on futures is pretty darn amazing though, but that is futures.

Can you prove your ability through your fx trading account as I only see a 50% drawdown, 1 transaction verified. This site is great in that is cuts the baloney and truly gives people a chance to show their expertise.

I always have the question which I will never understand: 'Why deal with 'clients' when you can just trade your own cash if you are truly that good?'

I know some want to help others, while some don't want to put all their eggs in one basket and some like to complicate their lives...

Which is it for you? I like to understand that thinking...

Gil


Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
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