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Market Wizard
Berlin, Europe
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
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Posts: 9,797 since Mar 2010
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Zoethecus View Post
Roger Felton had the same type of promoter a few years ago on Elite Trader. One of the forensic types over there discovered it happened to be Roger's wife.

The housewife idea is not bad marketing. They try to lure inexperienced traders, so they need a sample customer who triggers the purchaser's confidence in the product. It is a bit like the testimonials on the websites.

The reaction is supposed to be: If that housewife can be successful, I can do that as well,. No losing trades in several weeks! after all the product is not that expensive.

But the housewife story and the statement that there were no losing trades over several weeks - with a stop loss of 2 or 3 ticks - reveals that they are hunting for credulous beginners.

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