Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Mr Kevin has a very good point. You should only risk capital that you can afford to lose. I have been trying to become successful at this for 26 years and have failed for 26 years. Sometimes I think that if I sold a services with buy/sell recommendations that people could become millionaires by taking trades opposite of what I recommend. This isn't easy by any means. I would not do this out of desperation.
I appreciate your thoughts and concerns. I have been trading for about 5 years now but continued to fail like most do. But despite my limitations, they affect me in a way that involves people and surroundings. Im very physical and can do alot of things people half my age can not. I say people are Blessed with knowledge power or physical power. ( Smart people or athletic agility people ) I fall on the physical side. Im not stupid but no where near a surgeon LOL. I do have a college degree in Criminal Law. But when I say employment for me is rare, I mean in a aspect of people and my surroundings. Im the one that sets where back is never at compromise and my view is always on where a threat can come from. Just the way I was built and made. That is what makes it hard to work, having people at my back when not looking or able to keep my view toward a area where things can happen. We know this world and how people are and cant deny that there is people with a threat out there at anytime. Yea I could be a security guard or something but thats not me. I know you are not calling be dumb or stupid and understand what you are saying. But I figured I would explain my situation. Plus I like doing physical work. But only to an extent of when I want or can. Scrap Metal i find fun. But I have the mind to achieve what I want. I always hated seeing others who shouldn't be positions of mine and when they cant. I have seen men that are 100% raw toughness crawl in to a ball and never to be back again. But also seen them do it and a when its hot and they are in danger and you have to make them do what they was trained to do, pull themselves together in a instant and then be some of the best people you know you can rely on for your back.
Just saying a position is where you decide if you can take it or not. If a person has training and uses it correctly then why not. Thats what I looking for is training, education so I know what to do and look for. Didn't meant to be so long but just putting some insight on what my situation is. I do appreciate you input and in no way thinking you are calling me stupid or unable, just pointing that the odds are more against me than most and I respect that !
They're still obliged to prove without a doubt that JonnyBoy is you. There's a privacy policy in place on this forum and others. Big Mike can't just release your real name or anyone else's.
If this ever went to court, which I doubt, you could just represent yourself and demand hard evidence that JonnyBoy is actually you. If you're not JonnyBoy, they won't produce that evidence. From a legal website:
Defamation laws protect the reputations of individuals and other entities (such as businesses) from untrue and damaging statements. At the same time, the courts must protect freedom of speech for United States citizens. Libelous statements refer to words that can be seen (typically written and published), while slander occurs when a defamatory statement is spoken or otherwise audible (such as a radio broadcast). These cases often involve public figures or public officials and false statements made about them, but everyone's first amendment rights to free speech must still be protected.
To prove either type of a defamation lawsuit, plaintiffs must prove the following elements:
The defendant made a false and defamatory statement concerning the plaintiff;
The defendant made the defamatory statement to a third party knowing it was false (or they should have known it was false); and
The publisher acted at least negligently in publishing the communication.
Note: In some cases, the plaintiff must prove special damages.
The lawyer's tactic is to shut you up. You're not obliged top shut up about anything unless you're intentionally attempting defamation of character. You are entitled to your opinion about their service. If it's a lousy service, you're entitled to say so.
But if you're not JonnyBoy, you have nothing to worry about. Either they prove it or they don't. Case dismissed.
I understand as I have lost alot of money and know going desperate at something is a failing experience. I have learned that being desperate is not a way to approach this. Learning then applying is the only way. I just seek education on this because I actually love it despite all the losses and frustrations. I just enjoy the market and have that drive to find a way that works for me. As most have a design that works for them. I just love it and I hate to say that. But when something gets your interest and you have a drive to achieve why stop ? I know I would be very wealthy taking trades of opposite of what I thought also LOL.....
Understand very much. I will just seek education from a person instead of a so called company, I have looked at JigSaw a little but haven't researched it yet. There is a few out there with passion to mentor someone. I will be looking for that person.
With respect, cool your jets here please. To be fair, @RJay is not claiming to be a trader. He only licenses his indicators to DTC. He needs to remain out of conversations with respect to the trading side of things over at DTC.
--------------------------------------------------------
- Trade what you see. Invest in what you believe -
--------------------------------------------------------
I appreciate you removed the post but that kind of language is unacceptable on this forum towards anyone and it should have been removed regardless of whether you did it out of respect for another member who asked you to do so or not.
You're a long-time member here and you should know better.
The thing that I find telling about situations like this is that such vendors are always dishonest when they don't need to be. I post my trading on Youtube, and I was probably one of the first to do it. I'm not always trading live, and I try to be clear about that with my audience. I tell viewers to just assume it is sim. In fact, I actually try to hide it from my audience when I'm trading live because I have an irrational fear of snipers trying to screw up the trade. Sometimes I do well, sometimes I do awful. I think I know a few things that provide edge, but I don't have it all figured out. I can describe how I've been doing lately, but there's no way to know if that performance will continue into the future.
It's the same with selling indicators. Nothing wrong with selling indicators. Even if it's just based on something else or it's an enhancement of a common indicator. Just sell it for a fair price. You don't have to make any claims or have hyped up marketing. You just tell people what it is trying to do, let them try it out themselves, and if they find value in it they'll pay for it. Just look at how much value you get out of LizardIndicators. I'm sure he does quite well with it, and he should because it is a good product.
But some vendors just cannot help themselves. They are always trying to sell $15k packages, and making the most outrageous claims about their performance. I don't think they can help it. I see the same pattern over and over again, and there's a perfect example in jeliner's post:
It is extremely common in these kinds of scams for the mentor to be verbally abusive. I think they view their success as being dependent on their students being successful, and lash out at the student when it doesn't work out. I don't know if that's psychopathy or narcissism or what, but it seems like I'm seeing it every day now.
Which is why it brings me so much joy to see efforts from people like JonnyBoy. I'm really quite impressed with the information presented in this thread, and I wish we saw it more often. TradingSchools always did a good job with this stuff, but for some reason we aren't seeing as much from them despite the scams being at an all time high. I have a big long list of YouTube channels and TikTok users that could use a similar treatment. These people are constantly spamming and harassing our communities. I've experienced a significant amount of personal harassment myself. I keep thinking that eventually the law will catch up to such schemes, or that at the very least YouTube would do something. Unfortunately, it doesn't seem that anyone actually cares.