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#21 csw2002

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Posted 25 July 2015 - 01:40 PM

Guys, the reason I decided to go with Dennis was because it has always been my aim to get into the fund management industry. Going with him seemed like a good entry into the biz. I did not go with him to learn anything....or to find the key to riches/the holy grail...In my mind it was a way to start managing big money because I have been doing a decent job with my own smaller stash. Well as it turns out, there is no easy way anywhere :)


Same here. I wasn't in it to make a quick buck but rather I thought it was the price to gain entry into another field that I am interested in.

Now that I know others are in the same boat, I feel the F**** word is appropriate. I haven't used it earlier because I didn't want Mark to get into trouble and I held out the hope that it was some kind of misunderstanding to be resolved. Now that I see others are in the same boat, that pretty much rules out misunderstanding. At least Dennis was honest with you upfront about his trouble and if he were with me I wouldn't have wasted my breadth with so-called "Compliance Manager".
Don't be a fool like me - How I lost $10K

#22 TechMan

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Posted 25 July 2015 - 02:32 PM

Keep it simple when it comes to trading. There's nothing new under the sun that hasn't been written and re-written.

#23 slupert

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Posted 25 July 2015 - 03:15 PM

Guys, the reason I decided to go with Dennis was because it has always been my aim to get into the fund management industry. Going with him seemed like a good entry into the biz. I did not go with him to learn anything....or to find the key to riches/the holy grail...In my mind it was a way to start managing big money because I have been doing a decent job with my own smaller stash. Well as it turns out, there is no easy way anywhere :)


Same here. I wasn't in it to make a quick buck but rather I thought it was the price to gain entry into another field that I am interested in.

Now that I know others are in the same boat, I feel the F**** word is appropriate. I haven't used it earlier because I didn't want Mark to get into trouble and I held out the hope that it was some kind of misunderstanding to be resolved. Now that I see others are in the same boat, that pretty much rules out misunderstanding. At least Dennis was honest with you upfront about his trouble and if he were with me I wouldn't have wasted my breadth with so-called "Compliance Manager".




I have heard others respond that you should report it. the first reason is that you may not receive anything back for yourself but you might ne able to help others that may be future victims. The other reason is that these people are often involved in other schemes that victimize people. It is like drug addict getting that first high, they seek to duplicate that rush again. Some are power hungry sociopaths destined to repeat what gives them that faux superiority, indeed very sick and often dangerous people. many victims feel shame for having fallen for these schemes and this enables these people to get away with it time and time again. do the right thing and pursue this through the proper channels.

#24 diogenes227

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Posted 25 July 2015 - 05:21 PM

Keep it simple when it comes to trading. There's nothing new under the sun that hasn't been written and re-written.


Absolutely true and absolutely the hardest thing in trading and investing to believe.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#25 csw2002

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Posted 25 July 2015 - 06:22 PM

Guys, the reason I decided to go with Dennis was because it has always been my aim to get into the fund management industry. Going with him seemed like a good entry into the biz. I did not go with him to learn anything....or to find the key to riches/the holy grail...In my mind it was a way to start managing big money because I have been doing a decent job with my own smaller stash. Well as it turns out, there is no easy way anywhere :)


Same here. I wasn't in it to make a quick buck but rather I thought it was the price to gain entry into another field that I am interested in.

Now that I know others are in the same boat, I feel the F**** word is appropriate. I haven't used it earlier because I didn't want Mark to get into trouble and I held out the hope that it was some kind of misunderstanding to be resolved. Now that I see others are in the same boat, that pretty much rules out misunderstanding. At least Dennis was honest with you upfront about his trouble and if he were with me I wouldn't have wasted my breadth with so-called "Compliance Manager".




I have heard others respond that you should report it. the first reason is that you may not receive anything back for yourself but you might ne able to help others that may be future victims. The other reason is that these people are often involved in other schemes that victimize people. It is like drug addict getting that first high, they seek to duplicate that rush again. Some are power hungry sociopaths destined to repeat what gives them that faux superiority, indeed very sick and often dangerous people. many victims feel shame for having fallen for these schemes and this enables these people to get away with it time and time again. do the right thing and pursue this through the proper channels.


Put it this way - having gone to competent authorities, but none are interested (outside their jurisdiction). Since I am outside the US, it makes the whole thing very difficult but I am still trying. I posted the message in the hope that someone else won't fall for it. The whole thing looked legit at the beginning and even Mark felt it compelling enough to have posted the original message.
Don't be a fool like me - How I lost $10K

#26 csw2002

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Posted 25 July 2015 - 06:24 PM

Keep it simple when it comes to trading. There's nothing new under the sun that hasn't been written and re-written.

;) Don't mean to step on your toes - I see volume confirmation, climactic actions etc etc which are definitely not written or re-written anywhere.
Don't be a fool like me - How I lost $10K

#27 TechMan

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Posted 25 July 2015 - 06:42 PM

Keep it simple when it comes to trading. There's nothing new under the sun that hasn't been written and re-written.

;) Don't mean to step on your toes - I see volume confirmation, climactic actions etc etc which are definitely not written or re-written anywhere.


Hard to believe, isn't it? Like diogenes227 commented above it's "the hardest thing in trading and investing to believe".

I meant well, but I guess you didn't get it. Should've stayed out of other people's business. I'm done with you.

#28 SemiBizz

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Posted 25 July 2015 - 06:48 PM

For better results csw2002... I suggest you delete this phrase from future communications... "Don't mean to step on your toes" Simply state your opinion without the condescending phrase and you will get a better response. You used that one on me too, and I haven't answered anything from you since.
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#29 brucekeller

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Posted 25 July 2015 - 06:49 PM

Keep it simple when it comes to trading. There's nothing new under the sun that hasn't been written and re-written.


So true. I found it amazing while reading "Reminiscences of a Stock Operator" how the terminology today is the same as it was back then. It's amazing how powerful simple things like MAs and trendlines are practically all one needs.

#30 csw2002

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Posted 25 July 2015 - 06:55 PM

My apology if you and techman took offence in a figure of speech I use quite regularly. Where I come from, this is meant as a conversation starter to avoid sounding condescending rather than the other way around. I guess American English definitely has some peculiarities that I am not aware of.
Don't be a fool like me - How I lost $10K