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thetradingdoctor

Deception In The Markets ( and in life!)

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HI All,

 

I have not posted for a while due to being totally slammed with work and trading. Over the past few years, I have been paying close attention to the massive amount of deception that confronts us on a daily basis. Advertising is becoming so sophisticated that they are now doing brain scans to see what areas of the brain light up when presented with certain images ( words, sights, sounds, etc).

 

I deliberately stay on a lot of "hype" mailing lists because I like to monitor what these people are doing and what they are promising. Some of it ( actually most of it) is just way beyond beyond. No wonder so many innocents are lulled into the markets by the lure of easy money. No wonder so many newbies ( and maybe not-so-newbies) gut suckered into buying this or that service. Who can resist the siren call of thousands of percent a year and just sitting at ones computer and having it put money money money into your accounts?

 

A lot of you can, because you are pros. But what about the others?

 

What do you see in the markets and your trading that is deceptive? How do you deal with it? Are you able to spot it and capitalize on it, or does it blindside you?

 

What about in life in general? How much of the advertising on radio, TV and pretty much everywhere--gets into your brain and stays there?

 

I just sent an article to James entitled: Trading In A Cesspool of Lies. Perhaps he will post it, or add it to this forum ( I don't know how to do that but he does!)

 

In the meantime, I just had to share with you this piece of whatever that I received today from someone called daytradingcoach.com. What do you think?

 

 

 

 

Thanks and it's nice to be back with you!

 

Doctor Janice

 

 

[Close]

 

"WARNING: Do Not Read This Unless You Are Already Rich!"

 

... Or Curious About The First Commercially Available Stock Trading "Robot" Which Earns $346.77 Per Week (Managing $1000 Capital).

 

Article by: Tom Hunter

 

What I am about to share with you, is a very unusual story.

 

Unusual... because it is about 2 "geeks", named Michael and Carl. Who developed the first commercially available stock picking "robot". Michael (the programmer) named the robot "Marl".

Above: Carl and Michael Programming "Marl"

 

Marl came about after Michael developed the famous "Global Alpha" computer stock trading model, while contracted to Goldman Sachs.

 

A piece of software which most years is responsible for...

 

$4,000,000,000+ Annual Trading Profit

 

With this software project completed, Michael looked for a new way to line his pockets. Unfortunately he had signed a Non Compete and NDA agreement with Goldman Sachs, forbidding him to create software which trades derivatives and similar financial instruments (like Global Alpha).

 

After 3 weeks of being temporarily unemployed, Michael who was very wealthy and very bored... Decided to start a new project.

 

You' see Goldman Sachs and most other large investment funds are at a major disadvantage. They often manage portfolios of up to $10,000,000,000 (ten billion dollars) - and because of this when they invest in stocks their scope is limited to just a few of the worlds largest firms (Coca-Cola, Google).

 

This problem is widespread amongst fund managers whom manage large amounts of capital. In fact Warren Buffet (Whom manages $53 billion) has the exact same problem.

 

 

How to Find Stocks Which Will Double...

 

In Your Inbox, in 20 Seconds...

 

Just enter your name & email address below and I will instantly email you 2 simple rules (you must strictly follow) in order to discover hot and profitable trades which will double within 23 minutes of the market opening...

 

Your Name:

Your E-Mail:

 

 

Michael knew he could take advantage of this. By developing software which can run on any home computer, and manage funds between $100 and $500,000.

 

With managing such a small comparative amount, Michael's software could yield much higher returns. In fact it is designed to trade in the volatile penny stock market where stocks can increase 400% in a matter of minutes.

 

Michael worked with fund manager Carl Jenkins to create the bot. "Marl" works by analysing each stock using "technical analysis". Which means analysing a stocks past price movements to predict the stocks future direction.

 

Below is an example stock chart. For all it looks like something NASA would be proud of... it is merely showing the stocks changes in price against time.

 

The various changes in price (when made into a chart) form what traders call "chart patterns" and it is exactly these price patterns Marl is looking for.

 

When first activated, Marl will use its own database to perform a scan of stocks trading on the OTC and Pink sheet exchanges. During this time Marl is looking for companies whom are forming bullish trading patterns.(stocks about to increase)

 

Carl helped Michael program the bot to identify (in split second timing) distinct trading patterns from a vast range of 6578, held in Marl's internal database.

 

If Marl identifies a clean, uncongested chart pattern, that is proven to yield a good risk/reward - Then the stock will be added to Marl's "Watch List". All of these "watched stocks" will be forming bullish patterns (indicating the stock is about to rise).

 

This watch list has two distinct advantages. The first and most obvious is that Marl can easily monitor hundreds of stocks at the same time. The second is that Marl is programmed on an "evolutionary framework". What this means, is that as Marl is watching hundreds of stock patterns it actually learns the most likely direction of stock prices under thousands of situations.

 

Because of this. The longer Marl is allowed to run on a computer...

 

The More Advanced He Becomes!

 

What's more by scrutinising the miniscule movements in price of hundreds of stocks... Marl becomes familiar... even intimate... With each individual stock.

 

Developing what professional traders call a "sixth sense". A sort of "feel" for how the stock will behave in any given situation.

 

While monitoring hundreds of stocks in the watch list... Marl may notice that a stock has been hitting resistance at $0.50 all week (not being able to rise above 50 cents a share). And if the stock breaks that level (meaning there is a good chance it will "breakout" and run much higher) the bot will start analyzing the stock in more detail... looking at its longer term weekly trading pattern and applying its vast range of criteria.

 

Any stocks that reach this stage have been under close scrutiny and passed a variety of complex tests. Marl will then analyze the charts looking for the best entry point (to buy the stock at) with the lowest risk to potential reward.

 

The average professional stock trader can analyze one stock chart around every 8-10 seconds... when looking for an opportunity. On the other hand Marl can analyze 7 charts every second.

 

Why Does That Matter?

 

It means that Marl can be extremely selective, waiting until all the correct criteria line up until a trade recommendation is made.

 

Often Marl will disregard profitable trades... In favour of a potentially more profitable trade occurring at the same time.

 

After creating Marl to version 1.0... The two input a trading capital of $1000 and set it running. Marl spent 13 hours analysing over 6,000 small capitalisation firms. After those 13 hours Marl made his first ever stock recommendation...

 

LPTC.OB Trading at $0.74 Per Share

 

Carl placed the trade in his online brokerage account with $1000 invested, as the market closed for the night. The following morning (a Tuesday) the stock climbed to $1.05 within the first 3 hours (a 42% increase).

 

Something ‘magical’ had just happened. In Carl Williamson’s dark, damp basement the first ever profitable stock robot was created.

 

Computer Science Universities around the country had attempted this feat for years with no avail. They lacked one crucial thing, these students only had a basic grasp of stock trading - Let alone the complex thinking and analysis involved.

 

Carl Williamson was vital to Marl's success and so on that day. The 16th of January 2007. Michael and Carl signed a legally binding contract. Both swore themselves to "secrecy". No one would know about Marl. Not Carl's trading partners... Not Michael's old Global Alpha colleagues... Not anyone.

 

Within the next few days Carl and Michael rented a commercial lock-up where their new business was to be stationed. They drove to the nearest PC World and bought 12 brand new laptops.

 

Back at the lock-up Michael set-up a wireless network and configured each laptop. They spent the first night setting up each laptop v1.1 of Marl the trading robot. Yes you guessed it...

 

Carl & Michael Were Setting Up A Lockup To House Marl...

Marl Was To Analyse the Markets... 24 Hours a Day!

 

By setting up Marl on a network, with 12 versions of "himself" running at the same time - His internal database of chart trading patterns was able to grow at a much faster rate.

 

Each bot was linked to one central database, held on a separate server, and hosted online.

 

Carl & Michael Were Set For Riches!

 

The second day after 12 sets of Marl analysed over 17,000 small cap firms... Marl made

 

It's Second Stock Recommendation...

 

Marl recommended another stock named NSMG.OB. Carl once again placed the trade online, this time investing $1380 using the profits made on the last trade.

 

Within 3 days time the stock had rocketed from $1.12 per share to $3.42. In total a 205% increase in just a matter of days.

 

In fact by this point the two were so excited they slept on the floor in the lockup. Watching as Marl analysed hundreds of thousands more stocks.

 

Michael (the programmer) has insisted I include some technical details pertaining to his ‘masterpiece’ in this article, here they are:

 

* Marl can process 1,986,832 mathematical calculations per second.

 

* As explained the more Marl is used the better his skills will become; every situation it analyses is fed back to an online "master database" which also gauges the performance of its actual stock picks. The result is a bot which is constantly perfecting its trading formula.

 

* Marl doesn't just compare each trade to past situations. It also looks at volume traded, Support and resistance levels, Trend reversals patterns, Consolidation patterns and Channels a stock trades in. - Marl takes all of this into account before even watching a certain stock.

 

Carl went on to explain that Marl is a simple bot. And unlike the computer science universities currently trying to create programs like Marl. Michael and Carl were adamant their stock robot would be extremely simple. It is simple in design and simple in programming. For the end user this means there are virtually no errors or bugs, which could prove financially fatal.

 

Below is a Screenshot of Carl's online Brokerage account after using Marl for 38 days:

 

Now as explained above, Marl is the first "Commercially available" stock trading robot. And since its introduction in early 2007, Marl has been responsible for creating 86 millionaires and 13 multi-millionaires.

 

And because of this a license to use Marl is no "cheap date".

 

In fact it costs...

 

$28,000 Per License!

 

And each person who purchases a license is invited to Michael's home in United Kingdom for a week of personal training.

 

Now Michael did go on to tell me something very interesting. Stay with me on this because I'm about to tell you how anybody can benefit from Marl... Without shelling out $28,000.

 

You' see Michael and Carl know that not many people have $28,000 to "risk" on buying a Stock Trading Robot. And so they thought for days about how they could prove Marl is everything I have explained, without giving him away on some sort of "trial basis".

 

So they created a weekly newsletter, named "Doubling Stocks". Each week every reader of that newsletter would receive one Penny Stock pick chosen by Marl.

 

And so far since the newsletter was started 4 months ago... Each pick has made an...

 

Average 105.28% Increase,

Usually Within 3 Hours of the Market Opening!

 

Just take a look at the impressive results "Doubling Stocks" subscribers have experienced since early this year:

 

Stock Recommended Buy Price Recommended Sell Price Percentage Change

CorVu Corp. (CRVU.OB) $0.38 (November 2006) $0.26(February 2007) -31%

1-900 Jackpot, Inc. (ONJP.OB) $8.10 (November 2006) $39.42 (March 2007) +386%

Metwood Inc. (MTWD.OB) $0.42 (November 2006) $0.85 (December 2006) +102%

Calpine Corp. (CPNLQ.PK) $0.89 (December 2006) $1.42 (December 2006) +59%

Crown Crafts Inc. (CRWS) $3.61 (December 2006) $6.08 (February 2007) +68%

CIC HOLDING COMPANY (CICG.PK) $2.93(December 2006) $1.36(December 2006) -53%

Recyclenet Corp. (GARM.OB) $0.02 (December 2006) $0.05 (March 2007) +150%

360 Global Wine Company (TSIX.OB) $3.64 (January 2007) $3.34 (February 2007) -8%

Nova Biosource Fuels, Inc. (NVBF.OB) $2.35 (January 2007) $3.00 (February 2007) +27%

Tasker Products Corp. (TKER.OB) $0.12 (January 2007) $0.19(April 2007) +58%

InfoLogix, Inc. (IFLG.OB) $5.20 (January 2007) $4.15 (February 2007) -20%

Le@p Technology Inc. (LPTC.OB) $0.31 (January 2007) $1.09 (January 2007) +251%

President Casinos Inc. (PREZQ.OB) $0.25 ( February 2007) $0.40 (March 2007) +60%

FirstFlight, Inc. (FFLT.OB) $0.41 (March 2007) $0.49 (March 2007) +19%

Hydron Technologies Inc. (HTEC.OB) $0.10 (February 2007) $0.17 (April 2007) +70%

CLEAN POWER TECHNOLG (CPWE.OB) $0.71(February 2007) $1.88(February 2007) +164%

Optionable Inc. (OPBL.OB) $8.89 (February 2007) $5.02 (March 2007) -43%

Regal One Corp. (RONE.OB) $0.07 (March 2007) $0.19 (March 2007) +171%

Transbotics Corp. (TNSB.OB) $0.47(March 2007) $0.68(April 2007) +44%

PAETEC Holding Corp. (PAET) $9.80 (March 2007) $19.25 (March 2007) +96%

BioStem Inc. (BTEM.OB) $0.46 (March 2007) $2.34 (March 2007) 408%

Bravo! Foods International Corp. (BRVO.OB) $0.15(April 2007) $0.28(April 2007) +86%

 

Now here's where it gets most interesting.

 

Because when Michael and Carl were telling me about this new newsletter, I was expecting them to mention a price in the thousands of dollars...

 

$5000, $6000 or More

 

They went on to tell me they were offering a membership to this newsletter at just a token fee of $47.00! And better yet this token fee of $47.00 will allow you to trade Marl's picks for the lifetime of the newsletter.

 

Why?

 

Because Carl told me:

 

"This newsletter is the best kind of advertising available. Thousands of people read the email each week and witness returns consistently averaging 80%+"

 

"And we priced the newsletter at $47.00 simply to ensure those who join are serious about investing in each stock pick".

 

And because of this $47 newsletter, Marl has already been featured in Business Week and the Wall Street Journal.

 

Just take a look at these stock graphs. Just a few of the trades Marl has picked in the past 5 months:

 

Above: One of Michael's Personal Favourites!

 

Above: In total Michael's subscribers earned an estimated $192,392 from this pick.

 

Above: Michael told me this one was quite risky, but it certainly paid off.

 

In fact, Carl tells me 3.2% of members of this newsletter, end up buying Marl outright.

 

Why would they pay such a large amount to buy their own Marl when they can simply follow the newsletter?

 

Because Marl usually predicts at least 2 good stocks per day. And owners of the software can make 10 or more investments per week, unlike members of the newsletter.

 

There is one more caveat. Members of the newsletter are expected to report back to Michael and Carl details of their entry point, exit point and profit/loss (if they decide to trade that week).

 

This data is further used to aid development of Marl.

 

6 Case Studies of Newsletter Members:

 

"Altogether I've made $623.56"

 

Hi,

 

My name's Ethan, I must admit I was pretty skeptical when reading about DoublingStocks.

 

Although after reading about the guarantee. I took the plunge, and boy am I glad I did so.

 

I've now received 4 of the recommended stock trades from Michael. And the average increase has been 84.56%.

 

Altogether I've made $623.56 with an innitial investment of $150.

 

And the best part is I started this venture knowing absolutely nothing about trading stocks.

 

But If you want to email me about doubling stocks I'd be more than happy to talk.

 

Just send off an email to ethan.paymer@gmail.com

 

Bye for now

 

 

 

- Ethan Paymer

ethan.paymer@gmail.com

 

"Altogether I,ve made $1089"

 

 

 

- Martin

No email Address

 

"Made 164% With CPWE.OB"

 

Hey Michael,

 

This is Jeff Wells. Last week I paid for a subscription to Doubling Stocks. I've read your book The Penny Stock Bible -- And I must say it has cut the learning curve dramatically.

 

Now on the stock newsletter front, I've only received one pick so far. And that was CPWE.OB, this stock has risen 164% and netted me $1246.00 in clear profit.

 

Anyway, feel free to stick this video on your website. I'm looking forward to being quasi famous.

 

Bye for now

 

 

 

- Jeff Wells

wellsy@bigstring.com

 

"My goal by June 2007 is $13K a month"

 

Hey Michael,

 

Just emailing to say... I've just made $2533.56 minus commissions on your last trade cttd.

 

Within days of you recommending it, the price tripled. I got out early, as it went up another 89.24% -- But I couldn't be happier.

 

My goal by June 2007 is $13K a month (A 6 figure salery). With your stock picks continuing to flood my inbox... This is going to be EASY!!!

 

I don't usually kiss butt, but seriously? Thank you Michael. You really went all out on this course and me, my wife and our 8 month old son really appreciate your dedication to excellence.

 

Thanks!

 

 

 

- George Barmpalias

no email provided

 

"The next best thing besides Warren Buffet"

 

Thanks to Michael, my friends now believe I'm the next best thing besides Warren Buffet.

 

In the last 4 months I've made enough money to buy a BMW 5 Series. Actually I'll be honest I already had enough but the earnings from Michael's newsletter eased my girlfriend onto the idea.

 

I paid $52,250 for the car. And $38,689.00 of that was directly from penny stocks.

 

Here's the car:

 

Now what can I say Michael, other than look at the car I have, because of you. You'll be happy to know I call the car Michael, after you!

 

 

 

- David

no email provided

 

What you have just read so far, is an overview of what I believe, and obviously what others believe, is the most amazing, exciting and definitely one of the most profitable methods of making money online.

 

When writing this web article, I initially was simply writing an interesting article about "The First Stock Robot". Although after hearing about Michael and Carls newsletter I thought it was such a great deal I asked to offer the chance to join, straight from this web page.

 

Michael and Carl did however specify that there was a strict limit on the amount of people I am allowed to let join "Doubling Stocks". And said they had just 486 newsletter spaces left.

 

If you quickly scroll to the bottom of this page, you'll see a large black number. That number is a countdown of the amount of newsletter subscriber spaces left.

 

At the time of writing I do not know the current amount, although if it says 0 - Please contact me with your name and email address and I will add you to the waiting list.

 

But I must also make clear:

 

This Offer Is NOT For Everybody

 

In fact, Michael isn't even allowing most people to sign up.

 

Why?

 

Because some people cannot cope with any type of loss whatsoever. And, even though Marl gains an average of 105.28% per weekly trade. The bot gets it wrong sometimes. And when it does, people lose money.

 

Some people think they will never lose when they follow Marl's predictions. But the truth is, occasionally they will lose money. If you trade penny stocks on a... continuing basis, it is 100% certain you will experience losing trades every now and again.

 

So, if you're the kind of person who is not emotionally stable enough to handle a loss. Then you are not allowed to be a subscriber to Marl's newsletter.

 

 

How to Find Stocks Which Will Double...

 

In Your Inbox, in 20 Seconds...

 

Just enter your name & email address below and I will instantly email you 2 simple rules (you must strictly follow) in order to discover hot and profitable trades which will double within 23 minutes of the market opening...

 

Your Name:

Your E-Mail:

 

 

On the other hand, if you have the required amount of courage pumping through your veins... and... you are the kind of person who likes to take scientifically analyzed and carefully calculated risks. Then the "Doubling Stocks" newsletter is exactly what you're looking for.

 

Another thing to remember is, when you trade penny stocks, it's impossible to lose a penny more than your initial investment.

 

OK, let's get down to "brass tacks". I already told you, "Doubling Stocks" costs a token amount of $47.00. This subscription will last for as long as the newsletter keeps going (years and years). And this is a one off subscription price, you will never again be rebilled.

 

Will Michael's newsletter help you? Will his stock picks continue to generate an average of 105.28% profit? Here's how you can find out without risking a single penny...

 

...Try Michael's Newsletter "Doubling Stocks",

Absolutely FREE For 8 Weeks!

 

If you decide to pay via check. Michael insists you postdate your check for 8 weeks in advance. Or if you decide to pay with credit card... At any point up to 8 weeks after joining you may email "support [at] doublingstocks.com" for a full refund (including processing fees).

 

As soon as Michael receives your order, He will immediately contact you by email and send your "welcome package". The very next Sunday you will receive your first stock trade.

 

After that, you've still got 7-1/2 more weeks... to place the trade and see for yourself if it is as profitable as I say it is.

 

If it isn't, you can simply stop payment on your check or, call Michael... and... He will be happy to send back your uncashed check or refund your full joining fee. This way...

 

You Will Have Lost... Nothing!

 

Have you ever heard of anything like that before? There are just too many times in life when people are NOT willing to hold themselves accountable for their own services.

 

How many people have a stock broker who will guarantee he will make you money... or... he will refund your investment? Is there an attorney who will guarantee he will win your case... or... he will refund your money? Michael is thoroughly willing to make such a statement... and... more than willing to back it up.

 

In Summary...

 

From what I have described above. You have a 8 week risk free trial where you may test Michael's newsletter. Within those 8 weeks, one email to "support [at] doublingstocks.com" and he will refund your joining fee (including credit card processing fees).

 

Furthermore after receiving your joining fee Michael will email you “The Penny Stock Bibleâ€Â. This is a 68 page guide which will allow anyone (even someone whom has never traded before) to use Marl’s picks. And even if you decide to request a refund, Michael will let you keep the “Penny Stock Bible†(worth ($29.95).

 

That way, whatever the outcome of this...

 

...You Will Profit!

 

Above: Michaels Office in Whitley Bay

 

If I'm wrong about all of this, you've lost only a couple of minutes of your time. But what if I'm right?

 

Oh and by the way Michael's company "Doubling Stocks" is located at 12 Well Ridge Close, Whitley Bay (United Kingdom). That's right across from City Hall and exactly opposite the Public Library. His Post Code is NE25 9PN. If you have any questions, you can email him at support@doublingstocks.com or call him on (44)7835400828.

 

If you'd like to stop by at Michael's office, you can drive straight to Whitley Bay. His office (pictured, left) is the only white building in the street. Michael invites all of his subscribers to pop by anytime they are in the area. Monday to Friday, normal working hours.

 

 

 

 

Try Doubling Stocks With the....

 

8 Week Free Trial:

 

 

Try Michael's Newsletter Without Risk...

 

14 Places Left to Trial Michael's Newsletter!

 

$47.00 One Off Subscription Amount

Including an 8 Week Free Trial...

 

There is a true limit on the number of newsletter subscribers Michael can accept. If all 14 places are gone at the time of your order -- We will kindly reverse the transaction and email you if a space becomes available.

 

This is 100% Risk Free...

 

P.S: Just think, had you put $5000 on each of Marl's recommended trades over the last 4 months– You would now have $387,684 clear profit sitting in your bank account.

 

P.S.#2: Remember there is absolutely no reason for you to leave this page empty handed! You can at least take advantage of the 8 week free trial and start earning without any risk - If you're not earning a substantial income within 8 weeks email me (you don't even need an excuse) just tell me you weren't satisfied and you won't be charged a single dime!

 

 

© 2006 DoublingStocks.com, All Rights Reserved,

 

Affiliates Signup - Affiliate Login - Contact Me

 

Page copy protected against web site content infringement by Copyscape

 

Privacy Policy - Earnings Disclaimer - WealthyMarketer

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O lord

I thougth I have seen everything!!!!

 

I would like to add to your post respectufully the following comment.

 

 

I use to teach trading long time ago. My goal as a teacher was to encourage and motivate students to develop their own fingerprints on the markets. In my expereince that's necessary for everyone who aspire to be in this business for the long run. How do you deal or better to say, stay away from clowns like this: Knowledge on the markets. There's no free lunch. You must do your homework and stick to your views. I've been using basically the same startegies since I started . I have an open mind about everything outhere but I always comeback to my old style of trading.

 

Trading is complex and hard. It's a caothic enviroment. Collective thinking. So many people are lured by the fact that nowadays you can be in front of a screen making money. That's wrong.

 

People are condtioned to walk on solid ground. I mean, you sit in your car every morning and you're expecting to turn the car , pull it off the driveway and go somewhere rigth?

 

But when the car breaks down in the middle of the freeway , we feel like somebody is moving the ground beneath us rigth?

 

I tell you what, trading is a moving ground. We need to get use to it.

 

Of course is good to buy books, ect but ultimately you're the one pushing the buy/sell butom.

 

Thanks

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I found the double your stocks SITE I am going to be MILLONAIRE WAAAAA WWAAAA WWAAAAA ¡¡¡¡¡¡ EUREKA¡¡¡¡ AAAAAAA AAAAAAA aaaaaaa AAAAAA AAAAAA¡¡¡¡¡

 

 

High adrenaline doc ? jejejej :helloooo: Good one Janice ¡¡ ... cheers the Chimp.

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I love websites that are just one massive page. That's red flag number one for me. I've never seen a legit site that has one main page that seems to last forever.

 

Taking a step back, it's humorous to see stuff like this. You have to wonder who is buying this and should there be more oversight and regulation over stuff like this? I know that's not the doc's point, but it is a consideration.

 

I guess when you start and are looking for the grail, you'll give anything some consideration till you realize that grail does not exist. We've all been there or will be there and it's just part of the process. You have to realize for yourself that there is no magical grail out there, it takes hard work and dedication. Just like most other things in life worth doing.

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The deception and slimy boviating bragadocio comes to us in many forms. E-mail is one of them. Think about your trading. How often have you seen deception in the markets during the trading day. What have you seen?

Then, there is the other side of this that Jason J. has alluded to. We are taking these people's money. The deception prepetrated on the gullible and greedy and desperate grail seekers leads them to do things with their money that is often not in their best interests. We take their money. So, are we actually encouraging the shills and the slime to continue with these misleading practices or are we not?

 

Thanks!

 

Doctor Janice

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In Forex, there is some enthusiasm about emerging NND (Non Dealing Desk) providers. These offer the prospect of escaping the conflict of interest that market makers have in profitting from their customers losses.

Got a demo account with an NDD, next step down the road maybe...

Well, the liquidity is low, particularly when you need to close.

 

But the hidden thing that you find in time, is that the prices lag badly on sharp movements. The liquidity provider acting as an intermediary has a conflict of interest, avoids the riskier prices. The effect can be the same as trading with a huge pip margin. Sometimes that may work for you, sometimes against. Its just the reality that bites, you can't seem to get away from intermediaries with a concealed conflict of interest.

 

Also tried a Swiss market maker out of curiosity, found Swiss feed has stop loss spikes that US feed doesn't have and their timing seemed amateur.

Have heard others saying their provider goes stop hunting but untill now I have been inclined to believe it was just the market doing its thing.

 

Always shifting sand...

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Guest cooter

 

In the meantime, I just had to share with you this piece of whatever that I received today from someone called daytradingcoach.com. What do you think?

 

http://doublingstocks.com/?hop=dtcoach2

 

 

I find your post of an affiliate spam link in your message, quite deceptive, and against forum rules, I should think...

 

Plus it crashed my browser (Firefox 2.0) when I tried to exit it - with numerous unwanted pop-ups to boot.

 

This is just the type of behavior that James, et al, is trying to curb on this forum, given the recent shenanigans of another vendor a few days ago.

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I love websites that are just one massive page. That's red flag number one for me. I've never seen a legit site that has one main page that seems to last forever.

 

Steve Nison has one.

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I find your post of an affiliate spam link in your message, quite deceptive, and against forum rules, I should think...

 

Plus it crashed my browser (Firefox 2.0) when I tried to exit it - with numerous unwanted pop-ups to boot.

 

This is just the type of behavior that James, et al, is trying to curb on this forum, given the recent shenanigans of another vendor a few days ago.

 

I think she's just illustrating an example. Plus her record/posts so far have been educational and well-meaning. I think this is not considered a spam. We may have to collate the text and not a link.

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In Forex, there is some enthusiasm about emerging NND (Non Dealing Desk) providers. These offer the prospect of escaping the conflict of interest that market makers have in profitting from their customers losses.

Got a demo account with an NDD, next step down the road maybe...

Well, the liquidity is low, particularly when you need to close.

 

But the hidden thing that you find in time, is that the prices lag badly on sharp movements. The liquidity provider acting as an intermediary has a conflict of interest, avoids the riskier prices. The effect can be the same as trading with a huge pip margin. Sometimes that may work for you, sometimes against. Its just the reality that bites, you can't seem to get away from intermediaries with a concealed conflict of interest.

 

Also tried a Swiss market maker out of curiosity, found Swiss feed has stop loss spikes that US feed doesn't have and their timing seemed amateur.

Have heard others saying their provider goes stop hunting but untill now I have been inclined to believe it was just the market doing its thing.

 

Always shifting sand...

 

Personally, I think NDD is great step toward fairness. It's possible that delays may happen but I have tradestation charts and MBtrading quote screen up to compare. I can see the discrepancies between the two (MB uses last price while TS uses the spread bid price to quote last price). Once you see the differential and no spikes, it becomes predictable. So far I haven't see spikes in one and not in the others to spot possible unethical actions. Pretty consitent so far. Best to open 2 separate quotes from NDD and ND to verify the real market action.

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Cooter- I am sorry it crashed your computer. I could have sworn I posted it as a link and not the entire page. That said, Cooter, please read the message that precedes the link ( or in this case the entire page). If you think for one minute that I am scamming this board with illegal messages, please think again. You have been trying to bust me since day 1, Cooter. If you don't like what I have to say or my posts and wisdom and knowledge that I give freely and without any advertising or solicitation, then please excuse yourself from my board. I have great compassion for you, Cooter, as I do for everyone on this board. I will not, however, tolerate any abuse from you or anyone else.

 

If James thinks I did something wrong, I encourage him to chastise me and remove the posts.

 

Thanks!

 

Doctor Janice

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given the recent shenanigans of another vendor a few days ago.

 

 

Hey Cooter, it has been a technical mistake from Janice maybe putting this link... but she DOES NOT FIT on the cathegory of this other cheap vendors we had arround... so I believe man its time to relax and enjoy the great inputs Janice is constantly bringing here, making TL an even more enriched site...

 

On the other hand Janice, the link was (for me) just complete fun ¡¡ cheers Walter.

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Guest cooter
Cooter- I am sorry it crashed your computer.

 

Apology accepted.

 

I could have sworn I posted it as a link and not the entire page.

 

You did. I think a mod modified it.

 

That said, Cooter, please read the message that precedes the link ( or in this case the entire page).

 

I did. The entire post just smacked of a typical setup for the affiliate link though.

 

If you think for one minute that I am scamming this board with illegal messages, please think again. You have been trying to bust me since day 1, Cooter.

 

Sounds like classical paranoia to me. I think we've already established your bonafides on this site, to the satisfaction of most members and participants. So if you think that you are still on my $h!tlist, you are sincerely mistaken.

 

If you don't like what I have to say or my posts and wisdom and knowledge that I give freely and without any advertising or solicitation, then please excuse yourself from my board. I have great compassion for you, Cooter, as I do for everyone on this board. I will not, however, tolerate any abuse from you or anyone else.

Define compassion.

 

 

If James thinks I did something wrong, I encourage him to chastise me and remove the posts.

 

Thanks!

 

Doctor Janice

 

I think James should be seriously rethinking the concept of how to best integrate vendors into the TL community, given the activities of a now-disgraced vendor a few days ago.

 

Perhaps you could provide him with some useful feedback, based on your own experiences as a vendor on this site.

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This has to stop. We're reaching a point where every thread's content and sincerity is questioned. A few days ago, the vendor clearly violated the rules of the forum and Dr. Janice has demonstrated clearly her ability to play by the rules and contribute her knowledge of the market and her area of expertise. I don't see the link as a liability or anyway promoted the site. I changed the link to the text in the post to satisfy both parties.

 

But this has to stop. If you feel a vendor is violating the rules, please PM the mods and/or James for clarification first before posting directly on the thread. This is only staining the thread and not help the members from staying focused on trading and the markets. Please refrain from this interaction immediately.

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Yes, there is nothing wrong with what Dr. Janice is doing here on the forum. Like Torero mentioned, it is getting out of hand in which any post seems like content and sincerity is being questioned. Please DO NOT post these comments directly as it ruins every thread. If there is a problem, pm the mod or myself and we will make the appropiate decision whether to keep the thread, edit, or delete it.

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Personally, I think NDD is great step toward fairness. It's possible that delays may happen but I have tradestation charts and MBtrading quote screen up to compare. I can see the discrepancies between the two (MB uses last price while TS uses the spread bid price to quote last price). Once you see the differential and no spikes, it becomes predictable. So far I haven't see spikes in one and not in the others to spot possible unethical actions. Pretty consitent so far. Best to open 2 separate quotes from NDD and ND to verify the real market action.

 

Good to hear it Torero.

MB will be my next NDD to check, they seem have a good rep.

Maybe one shark in the pool doesn't mean they are all sharks.

Thanks for that.

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