Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Mysticforex

TL Exclusive! Rob Booker/Boris Schlossberg Webinar!

Recommended Posts

It is not magic that Rob Booker taught us something which worked only on GBP/CHF during the time frame of Jan-August 2007 and never worked at any other time.

 

He taught us Monday accelerator -

He is a seasoned educator with a lot of experience.

 

I could go on and on and on...but rather than do that tell me do u agree

 

that

 

Based on the above few lines the answer is

 

Rob Booker is a SCAM artist

Share this post


Link to post
Share on other sites

If I teach you to buy when MA20 crosses above MA50, it might work in trending markets and make you lose in sideways markets. Am I a scammer, then?

 

 

 

Easy to say with the benefit of hindsight. But remember that Rob and his ilk don't sell it as "take it but test it thoroughly" ... they sell it as "this works, just do what I say and be happy." Hence its a scam.

 

I buy the odd potential scam/crapfest still on the possibility of hitting something useful. The win rate is pretty pathetic.

 

Twice is actually possible too. I bought a course from Denise Shull a couple of years back and it was really a pretty monumental waste of my money. Friday I bought her book on the hope that it advanced my original investment (and it cost less then 1/100th as much). Guess what ... fooled twice. More annoyed about the waste of my time finding out that she can't write and didn't add value than the price. I think she might get my amazon review as a return for the time wasted. She really is pretentious ... I hate the way these psych and education majors pretend to know some science when they just expose their ignorance.

 

I did take this one knowing that I was probably going to be disappointed. Its like a trade that loses in this case though. Price of finding the gem amongst the dross.

Share this post


Link to post
Share on other sites
If I teach you to buy when MA20 crosses above MA50, it might work in trending markets and make you lose in sideways markets. Am I a scammer, then?

 

Point a ) You charge 2000 dollars per student

Point B ) You claim to have 20 years Forex experience

Point C ) You claim that Monday accelerator works all the time

Point D) You asked all students to test 2007 for GBP/CHF

Point E) It worked only in 2007 Jan - August

 

Based on the above 5 points - Rob Booker scammed us.

Share this post


Link to post
Share on other sites
It is not magic that Rob Booker taught us something which worked only on GBP/CHF during the time frame of Jan-August 2007 and never worked at any other time.

 

no......it was not magic it was a sales pitch, but it sounds like you were looking for the magic secret sauce. What works all the time.....I guess that makes all doctors, lawyers, banks (;)) scammers as well.

 

Point a ) You charge 2000 dollars per student

Point B ) You claim to have 20 years Forex experience

Point C ) You claim that Monday accelerator works all the time

Point D) You asked all students to test 2007 for GBP/CHF

Point E) It worked only in 2007 Jan - August

 

Based on the above 5 points - Rob Booker scammed us.

 

then anyone who

 

a.....does not charge

b......has no or less than 20 years experience

c...d....e.....never makes a sales pitch claim or tries to highlight the best attributes performance of something they are selling

 

they must be the real deal.......

 

I would love to see you in a job interview selling yourself......"Lets be honest, I am a sucker, I am a bit lazy, would rather pay for a easy and quick fix and believe everything some guy says rather than do my own homework".....answer - "dont call us we will call you"

 

(take this in a positive light please :helloooo:)

 

.......if you dont accept some part of it then you have learnt nothing....regardless of Rob Bookers sales pitch/incompetence/scamming abilities.

Share this post


Link to post
Share on other sites
If I teach you to buy when MA20 crosses above MA50, it might work in trending markets and make you lose in sideways markets. Am I a scammer, then?

 

That answers the question about universities as scammers too.

 

It depends what you promise or (for truly great scammers) what people think you promised while you avoided actually doing it.

 

If you teach something and are honest about it and it has an expected value similar to the cost then you are not a scammer. The scam starts with the promotion or excessive price for something that once discovered is actually dross

 

But when you listen to the booker presentation you do get a few clues when you've seen as many scams as I have. Universities that severely overpromise and then underdeliver can also be scammers.

 

 

 

Edit: Sorry forgot Suiya's other question : how come the fair trade organizations don't take them to the legal system. Answer: its too hard to prove and often the customers are too embarrassed by their naivety so it rarely happens to "educators." Similarly with Universities, we have seen foreigners being scammed (with overpromise of jobs and citizenship) but you don't see many attempts at prosecution let alone success.

Edited by Kiwi

Share this post


Link to post
Share on other sites
how come the fair trade organizations don't take them to the legal system. Answer: its too hard to prove and often the customers are too embarrassed by their naivety so it rarely happens to "educators." Similarly with Universities, we have seen foreigners being scammed (with overpromise of jobs and citizenship) but you don't see many attempts at prosecution let alone success.

 

I think this is a great point -

a....it is too hard to prove, and yet people will accept the educators proof without any thing further.

b....the naivety and embarrassment of people.....combine the two and that is exactly why it will continue....and why when you have people just saying - its a scam, he is a thief, (the fact I did nothing except believe him) except on internet sites will just come across as sour grapes. If more people did go to the regulators maybe, then just maybe something would be done about the more dodgy ones. Mind you the whole finance game might be in trouble then. ;)

 

While I think that regulators should enforce a bit more restrictions on some things we also dont want a nanny state......currently in the UK there are these pay day loans - now that is a scam annual percentage charges in the 1000% range, preying on people who can least afford it, after the whole gfc debacle of crappy mortagages in the US ---- you would think they would learn and at least try an stop it --- this thing would just go underground I guess.....loan sharks etc;

 

I wonder if there would be a black market underground trading educators guild develop.....???

follow our system or else we come round and swivel your chair until you are dizzy, and when it does not work, we will do the mouse and smash your keyboard....

Share this post


Link to post
Share on other sites
Point a ) You charge 2000 dollars per student

Point B ) You claim to have 20 years Forex experience

Point C ) You claim that Monday accelerator works all the time

Point D) You asked all students to test 2007 for GBP/CHF

Point E) It worked only in 2007 Jan - August

 

Based on the above 5 points - Rob Booker scammed us.

 

Changing directions a bit:

 

1) Can you briefly (briefly) explain what causes a market to move (i.e., what causes prices to change)?

 

2) Why do you choose GBP/CHF?

Share this post


Link to post
Share on other sites

Just watched the video - figured I should

 

I have a new method.....itchy scratchy balls....take two clouds, get some random numbers so no one else is using them, and then when they bend, buy a breakout, or sell a reversal.......

 

Ichimoku clouds - wtf - a combination/variation of Donchian (sorry high and low channels) channels and moving averages, nothing new....but they must be good as ancient traders have been using them for centuries. ( I prefer the Kiwi super trend in combination with Donchian)

 

If you are new to trading it might provide some food for thought and even if thats all Mr Booker provides then thats fine - he might be expensive but thats up to you......but then you should test it yourself......how many people would just go straight out and start trading the clouds - I would bet plenty.

 

the most important thing that everyone misses is the original disclaimer.....you will likely loose money, this is high risk etc; etc; etc;

If anything maybe Mr Booker should add- "you are likely to loose money trading..., but this might help" in which case you would only have yourself to blame for only hearing what you want

 

plus you know what the one thing that every good con artist knows ---- you can only scam a scammer......so if he is, that kind of makes you one too.

Edited by SIUYA

Share this post


Link to post
Share on other sites

..anyway, like I was saying, google up Rob Booker Scam and see what comes up, whats with Mysticforexs Avatar of Rob Booker?!

 

Is that his boyfriend? or is MysticForex Rob Booker himself? :doh:

Share this post


Link to post
Share on other sites

I think Rob Booker's new Seminar/Webinar will get full attendance from his supporters of this thread....

 

Oh....I forgot...some of these supporters are Rob Booker /and or his employees posting messages using different userids

Share this post


Link to post
Share on other sites
dude, grow up already.

 

You will be punished by being locked in a cell ony allowed to watch Rob Booker Forex Strategies, have you seen the latest on his website, its called the 'bearded clam' strategy, named after himself apparently :)

Share this post


Link to post
Share on other sites
yeah me too, my brain hurt, did you like the way he tried to explain Ichimoku but then gave up, wtf.....:doh:

 

How dare you...You are questioning the capability of Rob Booker ?

 

Ha Ha Ha

Yuk Yuk Yuk

 

Rob Booker is great entertaintment...

He is very knowledgeable to Newbies only...

 

LMAO ...ROTFL...LOL

Share this post


Link to post
Share on other sites

no I'm feeling sorry for myself posting here when I should be learning to trade

 

maybe I will check out Robs website after all..........:rofl:

 

then again maybe not :crap:

Share this post


Link to post
Share on other sites

My opinion is that many people in this industry do come out with methods which can be questionable in quality. The thing is that they probably can in many cases claim that they make it work themselves. They should be asking themselves more thoroughly who they are willing to sell to, but that's their call.

 

I think that the people willing to pay several $k to anyone on trust like this really really need to be more discerning. Most newbies hear early on(or perhaps even before they start) that 95% of traders fail. So the question they need to ask(among many others) is do I think it is likely that I personally have stumbled across something which can really make me lots of money and for a comparitive pittance to what the future potential earning from it will be? That isn't generally the way things work. If anyone has a strategy good or bad, you need to be very patient, hard working and well capitalised to make a success of it.

 

I would point out with absolutely no personal bias here for anyone who is reading this, it is usually people who feel hard done by that shout the loudest. If anyone does well out of a system then they usually are at least much quieter about it if not completely keeping it to themselves.

 

Finally, I'd like to point out that TL is a place for intelligent debate. By all means vent your frustrations and opinions within reason. But remember to keep it that way. Apart from anything, anyone else reading the points you make is going to take far more away from it if you intelligently argue your points.

Share this post


Link to post
Share on other sites

I didn't do it for the $2K per seminar he paid me. I would have done it for free.

 

Anything else 'Rob' pays you to do Mystic? :missy:

 

Guys you may want to remember this MysticPizza guy above is being paid to promote Rob Booker...:2c:

Share this post


Link to post
Share on other sites
Changing directions a bit:

 

1) Can you briefly (briefly) explain what causes a market to move (i.e., what causes prices to change)?

 

2) Why do you choose GBP/CHF?

 

I did not choose GBP/CHF...Rob Booker asked all the 100 students to work only on GBP/CHF....he went on and on for 10 minutes explaining that this is the best pair in the world

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • @sxiqxx, Well done on making your first post a promising strategy. @everyone, post up if you want this coded into an EA. Although I switched to TradeStation, I still have an active MT5 demo with MetaEditor. I can code it without referencing object oriented programming which should be retroactively compatible with MT4. Let me know...
    • Please allow me to retort (in jest): RESPONSE 1 : Get a job supervising others where you're in control of performance reports and ride those others 100%. This makes your performance 100% with little to no effort.   RESPONSE 2: Feel free to piss off your boss but stay nonviolent. When the side effects of his viagra and testosterone boosters cause him to physically assault you, you have the legal upper hand. This can result in a boatload of trading capital.   RESPONSE 3: Feel free to have intimate relations with your boss if she finds you attractive. Rest assured that mum's the word because once again, you have the legal upper hand. This can also result in a boatload of trading capital.   RESPONSE 4: Don't be fake friends with any enemies... unless you need information from them. Being fake friends with everyone will cause you to become an empty shell of a person with no direction in life.   REPONSE 5: Get your boss to become reliant on your performance (really, just the performance of your subordinates), and then plan an "overheard" conversation wherein you fake an interview with another potential employer. You'll probably get a pay increase or a promotion.   RESPONSE 6: If you can give your 75% percent to a project, give 50% and rely on your legal upper hand(s). Learn to write trading algo's during your other 50%.   RESPONSE 7: Take all of the office boys out to nightclub where you merely sip soft drinks on a weeknight. Upon your return to the office in the morning, inform the security guards that all of the office boys are intoxicated. Your boss will love you for it.   RESPONSE 8: Never try to prove your client wrong or find faults in their processes, but do secretly collect their information in case you jump ship or "someone you know" decides to start his own company.   RESPONSE 9: Never stay in a firm for too long. Instead, use your ill-gotten capital to exit the rat-race and start trading.   RESPONSE 10: Trading pays more than your career. Interpersonal skills are now irrelevant. Use your technical skills for trading. Never stop learning and keep updating your technical skills.😁
    • There are a lot of trading strategies like elliot waves, wyckoff etc so we need to apply those who best suited to our need and are understandable too.
    • Scalping can be good during the high volatile markets however the new traders should be careful while entering and exiting the markets too quickly since they can make losses as well. If the broker support news trading we can make most out of the scalping in my opinion.  
    • In my opinion these candlestick charts are more easier to understand as compared with the other charts.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.