Is Forex A Scam Market?????

[fayed]

Watch!!!

Is Forex A Scam Market?????

[ForexThinktank]

Isn't it funny that the asshole that made this video's web site is http://www.oiltradingacademy.com/

Be gone with you troglodyte.

[fayed]

Begone with who? Me? I'm just asking the question is forex a scam...

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Here's what the video says if you don't want to read if you want to comment and prove it wrong please do so, I want to think Forex is not a scam.


Here's what the video says because it is poorly made by a novice video maker.

"Take a look at the time of day when the yellow circle is on the chart."

USDCHF [zoom in to 8:00 AM]

"Notice how the line also appears at 8:00 AM"

"If you practice this, don't use your account in demo or live trade, practice on paper, if they see you can beat them even in practice, they may target you. You will only get a few good trades in and that's it..."

"Let me explain what's going to happen. In practice you'll win over and over again, but when you actually take a real trade, the code won't work, and your stop will get hit."

"Then you practice again, and you win trade after trade, then you take a real trade and again your stop will get hit. And if they treat you like they treat me, it will get hit by 6 pips and spell 666"

"If you don't believe in evil it's because evil has control over your mind, on a very complex level. Watch my "The truth series" on Youtube. www.youtube.com/user/ThePhilosophersTruth"

"You will learn the scientific nature of good and evil, and all the important truths about this world. I highly recommend you listen to me and have nothing to do with the forex market..."

"If I wanted to I could do seminars and in real time callout what a currency is going to do before it does it, over and over again, in front of hundreds of people, and marvel and amaze them..."

"And each of them would be willing to turn over big cash to learn how to do this, I could make $100,000 per month teaching this, but it woiuld all be a con, a scam, because you can't win with real money..."

"The reason I don't do that is because that would be dishonest, and honesty and truth are what's important to me, not tree shavings with green ink on it or the digital concept thereof..."

"Now listen to me, I know you want to make money, everybody does, it rules our life, and it's sad. If you truly want to make money trading, visit my trading website and buy my stock trading video course...."

"Go Here: www.daytrading-gapping-swingtrading.com"

[ForexThinktank]

No, you're not the one, the person that made the video should be banished to eternal purgatory with his fellow tinfoil hat brethren for denouncing forex as a scam with such childish evidence a baboon could disprove.

I love how the video ends with 'go to my gaping asshole stock trading website'

[fayed]

Oh.. but he has a point... every time i enter a trade and set a tight stop loss I tend to get stopped out. When I don't set a stop loss I do fine except for getting in huge loss trades...

It is beginning to seem impossible to me.

[Sel]

"If you practice this, don't use your account in demo or live trade, practice on paper, if they see you can beat them even in practice, they may target you. You will only get a few good trades in and that's it..."

"Let me explain what's going to happen. In practice you'll win over and over again, but when you actually take a real trade, the code won't work, and your stop will get hit."

Yea cuz when you practice on paper price starts at point a then point b. in real time markets it fluctuates constantly like vibrations of a pitch fork. What a dumb argument.

[ForexThinktank]

"If I wanted to I could do seminars and in real time callout what a currency is going to do before it does it, over and over again, in front of hundreds of people, and marvel and amaze them..."

"And each of them would be willing to turn over big cash to learn how to do this, I could make $100,000 per month teaching this, but it woiuld all be a con, a scam, because you can't win with real money..."

"The reason I don't do that is because that would be dishonest, and honesty and truth are what's important to me, not tree shavings with green ink on it or the digital concept thereof..."

That means he has a unique psychic ability that corporations, banking institutions, governments would kill to have him work for them. But instead he is wearing a tin foil hat making dumb you tube videos.

[Sel]

Oh.. but he has a point... every time i enter a trade and set a tight stop loss I tend to get stopped out. When I don't set a stop loss I do fine except for getting in huge loss trades...

It is beginning to seem impossible to me.

Price fluctuates, lol, sometimes it goes straight up or down, but it sounds like your strategy is getting you into market noise. you need to fine tune yourself to find those better trades that don't go sideways.

[fayed]

No that's not true, i get into trades and get stopped out only to have the trade continue in the direction that would have made me money...

[ForexThinktank]

No that's not true, i get into trades and get stopped out only to have the trade continue in the direction that would have made me money...

It must be a conspiracy against you then...



Wear it proudly...

[Sel]

LOL

[fayed]

screw you too then, all i was doing was asking, the dude made some good points.

[ForexThinktank]

the dude made some good points.

At what point was that?????!?!?!

The part where his losses add up to 666?

Or the part where he says if you trade on a broker, the broker will know you took a trade...

I'd hope the broker would recognize you took the trade, otherwise what's the god damn point of trading?

[DickP]

Stupid video, proves nothing.

[SRay]

Forex could be stacked against the individual tiny trader, but this video doesn't even begin to expose that. Instead it's the devil's fault the video creator keeps losing.

[Sel]

Well who made the video? http://www.oiltradingacademy.com or http://www.daytrading-gapping-swingtrading.com ?

[ForexThinktank]

Stupid video, proves nothing.

My cat keeps taking counter trend trades, he won't listen to reason!

[DickP]

My cat keeps taking counter trend trades, he won't listen to reason!

The aliens are hovering above my house and tricking me into buying USD all the time... I wear this hat to make them stop!!

[henryduncan12]

Forex is not a scam market but there is much scam. If you are not aware then you will be cheated by someone, it may be broker, signals seller, robots provider.

[PipHand3364]

Yea just because one idiot can't make a profit doesn't mean the whole of forex is a scam.