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Selling Snake Oil


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Selling Snake Oil

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  #1 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
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Fat Tails's Avatar
 
Posts: 9,846 since Mar 2010
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Would like to build a nice collection of promises made by snake oil sellers. Whenever you stumble upon one of those wonderful statements that can be frequently seen on website and spam mails, here is the place to put it so everybody can enjoy it.

This collection is not intended to discredit the whole industry feeding on retail traders. There are serious traders and coaches, and there are those who a not serious, and typically it is easy to find out who are the bad ones.


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  #3 (permalink)
Legendary Market Wizard
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Fat Tails View Post
Would like to build a nice collection of promises made by snake oil sellers. Whenever you stumble upon one of those wonderful statements that can be frequently seen on website and spam mails, here is the place to put it so everybody can enjoy it.

This collection is not intended to discredit the whole industry feeding on retail traders. There are serious traders and coaches, and there are those who a not serious, and typically it is easy to find out who are the bad ones.


Spam Mail from ForexImpact.com


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You Money”

Don’t stand me up, click the link below now...



Apparently, not all snake oil is bad. It is high in EPA, which sounds suspiciously like some kind of an indicator.

From Wiki:
"Richard Kunin, a proponent of orthomolecular medicine, wrote a 1989 letter to the editor arguing that oil made from Chinese water snakes is very high in EPA. This substance is known to be a pain reliever, and Kunin argued that it might provide an explanation for the traditional use of snake oil. Snake oil does not have the dubious reputation in China that it has in the US and elsewhere in the Western world, and it is used widely in traditional Chinese medicine. However, it is not seen as a panacea in China either; there, it is used only as relief for arthritis and joint pain."

So, much like technical analysis, snake oil has its defenders.
(Nothing against either one. )

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
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  #4 (permalink)
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Fat Tails View Post
Would like to build a nice collection of promises made by snake oil sellers. Whenever you stumble upon one of those wonderful statements that can be frequently seen on website and spam mails, here is the place to put it so everybody can enjoy it.

This collection is not intended to discredit the whole industry feeding on retail traders. There are serious traders and coaches, and there are those who a not serious, and typically it is easy to find out who are the bad ones.


Spam Mail from ForexImpact.com


The webinar is about to start.

Get on This Free Online Trading Event:

“How To Build Your Own Winning Trading
System in 5 Minutes or Less – That Makes
You Money”

Don’t stand me up, click the link below now...



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Anagami View Post
Apparently, not all snake oil is bad

Tastes like chicken....

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #6 (permalink)
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I get tons of these ridiculous emails. I'll add a few that really stick out as they come along.

This one is pretty good. Sorry for the formatting, this is the way they sent it to me:


How Would You Like to Trade
$5,000 Into $100,000 in Just 1-Year?

The Key to true we.alth in trading is knowing
how to compound your pr.of.its while minimizing
your risks.

Quest 2012 Trading Plan

We are going to give you the Quest 2012
Trading Plan that was designed with the
step by step goal to take a $5,000 account
and compound it into $100,000 in just 1-year.

In this trading plan, you are going to see how
it only takes an average of $350 in net pr.of.its
per week to compound into $100,000 in just
a single year.

This is possible because of a very powerful
mo.ne.y management strategy contained within
the Q-2012 Trading Plan.

We are also going to give you 5-High Probability
Strategies that can be applied to virtually
any market and any time frame.

Coupled with the powerful money management
strategy included in the Q-2012 Trading Plan,
you will have a very clear roadmap to your trading
goals.

In fact, I took a trade based on one of these
high-probability strategies this morning and
made $100. According to the trading plan, I
only need 3 - 4 of these a week to achieve
$100,000 by the end of 1-year.

The Q-2012 Trading Plan (which is unlike
anything you have seen), and a group of
5-High Probability trading strategies are
yours, absolutely F.R.E.E just for becoming
a member of:

TradeSavin.com (its F.R.E-E)

Become a member today (its F.r.e.e) and
you will immediately receive both the
Q-2012 Trading Plan AND the 5-High
Probability Strategies in your email.

What is TradeSavin.com?

TradeSavin.com is about providing valuable
trading benefits to its members. In addition
to the 2 great bonuses just for signing up as
a member, TradeSavin also gives members
exclusive deals on popular trading products
and services (12 - 15 each and every month).

These deals are anywhere from 50% - 90% off
the provider's website price, and they are
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And, since becoming a member is f.r.e-e, and
since by becoming a member you also receive
2-great bonuses, this is a win-win-win situation
for you.

Just for becoming a member of TradeSavin,
you are going to receive:

Detailed 11-Page Q-2012 Trading Plan
Giving You Step by Step Instructions on
How to Trade and Compound $5,000 into
$100,000 in Just 1-year.

5-High Probability Trading Patterns,
Complete with multiple Chart Examples
and Specific Entry and Exit Signals
The 11-page trading plan and the 5-Strategies
are just a few examples of some of the bonuses
that TradeSavin members receive from time to
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And, the more members we have, the more
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Your TradeSavin Team
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Working for You

P.S. I haven't mentioned the 3rd big bonus you
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  #7 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
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Broker: Interactive Brokers
Trading: Keyboard
 
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Posts: 9,846 since Mar 2010
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A reputable trading coach does not promise a cure demand advance payment- advertise.



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  #8 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,159 since Jun 2009
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More for you, this snake oil just spammed the site he is so desperate for business. All his junk posts have been deleted now.

WARNING - SCAM!

 
Code
                            
http://www.customizedtrading.com/ 

Mike

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