No Desperation


Good Day Michael, I received your letter and DVD and am really interested in learning the techniques of trend trading. I have lost a large number of money using Futures and CFD trading platforms in South Africa. Only to uncover that the company whom I used to trade with was actually ripping me off, they use internal stop loss hunting systems and internal trading desks basically to defraud unknowing small traders like myself. I reported them to the Financial services board in South Africa and the case is currently under investigation. So to say the least I am very skeptical about trading again due to the large amount of Rands I have lost. I guess part of the reason I lost the funds was a mixture of greed, fear and ignorance. Not that I am wealthy to say the least I used my investment savings payout of 10 years, as I thought I could fast track my pension savings. Now I am self-employed and do not have any real spare cash to play around with and risk losing again. I do however feel positive after reviewing your website and in Rand terms the investment required to sign-up is quite significant for someone who has 3 small kids and a wife to support and who is self-employed. But I am prepared to take a calculated risk this time and educate myself first with a winning system, but also I need to know that the trading platform that will be used is not stacked against me the trader and it appears as your is actually stacked in favor of the trader. I hope your special offer can make it affordable or maybe you have a special payment plan option that can make it affordable to become one of the students of the process. I hope to hear from you soon.

Trend following trading is not something that relies on a broker or some other financial shark. It is based on price movements and philosophically on your entrepreneurial desire. It is a trading style that can put the odds on your side. However, no one should make any investment or start any investment research with desperate money. However, if you know your risks–no one should tell you to stop moving ahead.

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content. Out April 24th 2017.

One thought on “No Desperation

  1. I know what you mean. There are many people out there who take advantage of your ignorance and your desire to get ahead and rip you off. There is a very big name company out there which promised 80% accuracy in forecast, but did not tell me that I had to pay a monthly subscription to get the signals, or tell me that they mostly dealt in Fundamental trading. I lost over $5000 with them until I realized that they were hardly more than scammers.
    In any case even 100% accuracy is only half the game. The psychology of the market is what counts. I could win 10% of my trades and still do better than people who are right 100% of the time, but you won’t know this until you learn about the markets.

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