Australian (ASX) Stock Market Forum

How to become a profitable or full-time trader

Wow! what a tirade, Rog obviously didn't enjoy his time on ASM, as shown in his video "Aussie Stock Forum haters" I thought maybe you guys were being a bit harsh on Rog, because on the odd occasion I have earned more than 10% in a day (usually lose half of it the next day), well 10% X 5 Days, that's 50% in a week so 30% per week on the odd occasion could be possible.

So I thought I would have a look at Roger's web site and videos for myself. In his video "Forex account doubled in 2 days"
He shows how he has doubled his money in 2 days on a DEMO account (see screen shot) he says “don’t believe anybody that says you can’t make a conservative 30% a week and compound it every week”

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What the hell is he on about, anyone could open two Demo accounts, pick a pair, go short on one and long on the other and hey presto either way the market moves you are a hero.

I looked at the "My Real Account - GoMarkets 598213" link on his website http://www.myfxbook.com/members/rbforextrader/mt4-598213/2263590 to check his real profits and to my dismay instead of seeing his millions mounting up I seem to be looking at a loss of -A$0.25. Surly their must be a mistake (or maybe I'm using myfxbook incorrectly) Rog should report the discrepancy to myfxbook.

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What more can I say except that I will be launching my new training and coaching platform next week, its called 'How you can make 10% on your money every day', even when your sailing around on your Yacht.
 

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Wow! what a tirade, Rog obviously didn't enjoy his time on ASM, as shown in his video "Aussie Stock Forum haters" I thought maybe you guys were being a bit harsh on Rog, because on the odd occasion I have earned more than 10% in a day (usually lose half of it the next day), well 10% X 5 Days, that's 50% in a week so 30% per week on the odd occasion could be possible.

So I thought I would have a look at Roger's web site and videos for myself. In his video "Forex account doubled in 2 days"
He shows how he has doubled his money in 2 days on a DEMO account (see screen shot) he says “don’t believe anybody that says you can’t make a conservative 30% a week and compound it every week”

View attachment 72781

What the hell is he on about, anyone could open two Demo accounts, pick a pair, go short on one and long on the other and hey presto either way the market moves you are a hero.

I looked at the "My Real Account - GoMarkets 598213" link on his website http://www.myfxbook.com/members/rbforextrader/mt4-598213/2263590 to check his real profits and to my dismay instead of seeing his millions mounting up I seem to be looking at a loss of -A$0.25. Surly their must be a mistake (or maybe I'm using myfxbook incorrectly) Rog should report the discrepancy to myfxbook.

View attachment 72781


What more can I say except that I will be launching my new training and coaching platform next week, its called 'How you can make 10% on your money every day', even when your sailing around on your Yacht.

The stats on that myfxbook page suggest that there is approximately 41% in unrealised profit on that account.

However, as you have rightly mentioned, it is far too easy, for a person to simply trade the same instrument, in opposite directions, on separate accounts, and then simply present the winning account.
It is for that reason, my preference is for live calls before the trade has had opportunity to come to fruition.

Anyway, one trade does not a guru maketh!

Edit: I forgot to mention, the most important piece of advice I can offer on this topic, is...!
 
Thanks cynic, I thought I must have been reading myfxbook incorrectly, I wasn't looking at the equity, the fx platforms are unfamiliar to me as I only trade stocks and options.

I might have another look in a week or so to see Roger's fortune mounting up.
 
...
I might have another look in a week or so to see Roger's fortune mounting up.
I am sure that many others will be joining you in that particular audience. The only question being the longevity (or lack thereof) of the performance.

But, whatever else you might choose to do, make sure that you...
!
 
Wow! what a tirade, Rog obviously didn't enjoy his time on ASM, as shown in his video "Aussie Stock Forum haters"
Nice sleuth work Cynic. Isn't it a criminal offence to make false representations in order to defraud a victim?
 
Nice sleuth work Cynic. Isn't it a criminal offence to make false representations in order to defraud a victim?
One might have hoped for some legal protection from an aspiring...

Examination of the contents of the PDS for any major OTC CFD provider, offering their services within Australia, alerts one to the tragic fact that the Australian financial regulators have been thoroughly remiss in the performance of their duties.
 
Google is definitely watching me. :s

I googled "aussiestock im a wannabe"

How the hell did it pick up on a video with 92 views.

Had a good laugh from this. Truth is stranger than fiction.

 
That video is a shocker

This guy needs a marketing manager
A stylist and a media manager.

All easily affordable on 30% profit a week.

What you see is often what you get.
Don’t want it!
 
That video is a shocker

This guy needs a marketing manager
A stylist and a media manager.

All easily affordable on 30% profit a week.

What you see is often what you get.
Don’t want it!
That may well be true of those embarking on a quest for...
 
Hey just checked up on Rog to see what he is doing with his Billions $. It seems that he was only joking, his videos on Youtube are in the "Comedy" Category, and I was looking forward to a cruse in his Luxury Yacht.
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Hey just checked up on Rog to see what he is doing with his Billions $. It seems that he was only joking, his videos on Youtube are in the "Comedy" Category, and I was looking forward to a cruse in his Luxury Yacht.
Did you happen to check in on his account/s' performance on myfxbook?

Looks like there may have been one or two sizable bumps in the road to riches.

Some traders might even consider such experience to be the stuff of...
 
Did you happen to check in on his account/s' performance on myfxbook?

Looks like there may have been one or two sizable bumps in the road to riches

Yes I had a bit of a look, more than a few bumps. But if you look at his numerous meandering almost unintelligible video posts (actually I recommend only looking at them after taking an appropriate amount of mind altering substances) he brushes off the losses as his guru coach teachings of how not to trade, as usual all wins and losses are on demo accounts so he can pick and chose the ones to show.
 
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