In the email I received that stay at home mommy Jackie was just making money hands over fist......and you could see another trader's broker statement by clicking on this link, well of course I had to....RIGHT!!!!!
So after going thru the statement and seeing a bunch of problems, everything from no address, no water marks and on and on....I decided to just email FXDirectDealer and ask the all important question.....is this for real????? Why,......WHY.....well if you trade without a stop in the market....you are a FRICKING IDIOT....PERIOD. But if you let your account draw down 42% on 4 open trades.....you are a FRICKING MORON.
When we got back from a UT Lady Vols game tonight I had my answer to the question. The answer is:
"We can verify that this account that you see is a DEMO version of our platform. For your information, the trader and account you see is not a live account with FXDD"
A DEMO ACCOUNT........it ain't real folks........nohting this butt head does is for real it seems......he uses my trading desk to pretend it is what he uses......he promotes the trading desk setup to sell you computers, he pretends that people are making money by his testimonials but half of them either don't live where it says or the town/city doesn't even exist. He pretends to some stay at home mommy with two kids is cleaning up and to back that up he shows us a dummy demo account that is trading without stops....and he has what 2 longs and 1 short in the same market using the same contracts........this guy is making Bill & Hilary futures trading look good........
There are a lot of snake oil salesmen out there, but this guy is getting the top of that heap........I wonder what Ms. Roth is thinking about all this
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The money isn't real when anyone else trades it but yourself. It doesn't matter if it's Dennis, a phony like Steve Matrix, a gio, a gb007, a cb, a markb, etc, etc.
Learn an edge, backtest it and then just trade it. Be consistent in what you do and cut your losses QUICK. Experience will breed self-confidence as you see your edge work out over a large enough trading sample.
Trade alone. You don't need to hang around anyone else in this business to succeed. Get a cat or dog if you need companionship while you trade. In the long run, looking to other traders holds back your own imagination and creative process from its greatest potential. Help YOURSELF become a better trader by listening TO yourself and learning from both your triumphs and your failings.
The "problem" isn't Woodie and it's certainly not the Steve Matrix clown just as the "solution" is not found from the cast of characters who have run through the Woodie's CCI Club. Getting through school wasn't a team project and neither is trading. You only graduate to the successful ranks by doing your own work and doing it well.
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