Forex Trading - An Excellent Trading Education

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Forex Trading - An Excellent Trading Education ProfitMaxTrading.com 07-03-2006
Posted by ProfitMaxTrading.com on July 3, 2006, 5:45 pm
=================================
Forex Trading - An Excellent Trading Education
=================================

Back in the day, those starting out trading in the Futures and Commodities
markets had to make a choice; either we start off trading regular sized
futures and commodity contracts, or look to trade the Mid-American exchanges
and their pint size contracts.

...read the rest of the article at
http://www.profitmaxtrading.com/articles/forex-trading-education.htm




Posted by UMT on July 3, 2006, 6:15 pm

Vendor Alert! Vendor Alert!

New Traders Beware!

This 'vendor' has absolutely NO Commodity Industry experience.

Save your time, save your money and remember:

REAL TRADERS Don't Vend !!!


Posted by truth-b-told on July 3, 2006, 7:46 pm
Hey Ricky RAT,

Look in the mirror and read this first before thinking about trading
the Forex markets. You are OBSESSED with the Forex, and you also have
your buddy FRAUD tagging along side you!!

Sincerely,
gerillio.

########
########

COMMISSION ADVISORY

BEWARE OF

FOREIGN CURRENCY TRADING FRAUDS


Have you been solicited to trade foreign currency contracts (also known
as "forex")?
If so, you need to know how to spot foreign currency trading frauds.
The United States Commodity Futures Trading Commission (CFTC), the
federal agency that regulates commodity futures and options markets in
the United States, warns consumers to take special care to protect
themselves from the various kinds of frauds being perpetrated in
today's financial markets, including those involving so-called "foreign
currency trading."

A new federal law, the Commodity Futures Modernization Act of 2000,
makes clear that the CFTC has the jurisdiction and authority to
investigate and take legal action to close down a wide assortment of
unregulated firms offering or selling foreign currency futures and
options contracts to the general public. In addition, the CFTC has
jurisdiction to investigate and prosecute foreign currency fraud
occurring in its registered firms and their affiliates.

The CFTC has witnessed the increasing numbers and growing complexity of
financial investment opportunities in recent years, including a sharp
rise in foreign currency trading scams. While much foreign currency
trading is legitimate, various forms of foreign currency trading have
been touted in recent years to defraud members of the public.

Currency trading scams often attract customers through advertisements
in local newspapers, radio promotions or attractive Internet sites.
These advertisements may tout high-return, low-risk investment
opportunities in foreign currency trading, or even highly-paid
currency-trading employment opportunities. The CFTC urges you to be
skeptical when promoters of foreign currency trading claim that their
services or account management will earn high profits with minimal
risks, or that employment as a currency trader will make you wealthy
quickly.

Understanding Legitimate Foreign Currency Operations

Generally speaking, foreign currency futures and options contracts may
be traded legally on an exchange or board of trade that has been
approved by the CFTC.

Even where currency trading does not occur on a Commission-approved
exchange or board of trade, the trading can be conducted legally where,
generally speaking, one or both parties to the trading is (or is a
regulated affiliate of) a bank, insurance company, registered
securities broker-dealer, futures commission merchant or other
financial institution, or is an individual or entity with a high net
worth.

Where forex firms do not fall into the categories of regulated entities
outlined above and engage in foreign currency futures and options
transactions with or for retail customers who do not have high net
worths, the CFTC has jurisdiction over those firms and their
transactions.

Warning Signs of Fraud

If you are solicited by a company that claims to trade foreign
currencies and asks you to commit funds for those purposes, you should
be very careful. Watch for the warning signs listed below, and take the
following precautions before placing your funds with any currency
trading company.

1. Stay Away From Opportunities That Sound Too Good to Be True

Get-rich-quick schemes, including those involving foreign currency
trading, tend to be frauds.

Always remember that there is no such thing as a "free lunch." Be
especially cautious if you have acquired a large sum of cash recently
and are looking for a safe investment vehicle. In particular, retirees
with access to their retirement funds may be attractive targets for
fraudulent operators. Getting your money back once it is gone can be
difficult or impossible.

2. Avoid Any Company that Predicts or Guarantees Large Profits

Be extremely wary of companies that guarantee profits, or that tout
extremely high performance. In many cases, those claims are false.

The following are examples of statements that either are or most likely
are fraudulent:

"Whether the market moves up or down, in the currency market you will
make a profit."
"Make $1000 per week, every week"
"We are out-performing 90% of domestic investments."
"The main advantage of the forex markets is that there is no bear
market."
"We guarantee you will make at least a 30-40% rate of return within two
months."
3. Stay Away From Companies That Promise Little or No Financial Risk

Be suspicious of companies that downplay risks or state that written
risk disclosure statements are routine formalities imposed by the
government.

The currency futures and options markets are volatile and contain
substantial risks for unsophisticated customers. The currency futures
and options markets are not the place to put any funds that you cannot
afford to lose. For example, retirement funds should not be used for
currency trading. You can lose most or all of those funds very quickly
trading foreign currency futures or options contracts. Therefore,
beware of companies that make the following types of statements:

"With a $10,000 deposit, the maximum you can lose is $200 to $250 per
day."
"We promise to recover any losses you have."
"Your investment is secure."
4. Don't Trade on Margin Unless You Understand What It Means

Margin trading can make you responsible for losses that greatly exceed
the dollar amount you deposited.

Many currency traders ask customers to give them money, which they
sometimes refer to as "margin," often sums in the range of $1,000 to
$5,000. However, those amounts, which are relatively small in the
currency markets, actually control far larger dollar amounts of
trading, a fact that often is poorly explained to customers.

Don't trade on margin unless you fully understand what you are doing
and are prepared to accept losses that exceed the margin amounts you
paid.

5. Question Firms That Claim To Trade in the "Interbank Market"

Be wary of firms that claim that you can or should trade in the
"interbank market," or that they will do so on your behalf.

Unregulated, fraudulent currency trading firms often tell retail
customers that their funds are traded in the "interbank market," where
good prices can be obtained. Firms that trade currencies in the
interbank market, however, are most likely to be banks, investment
banks and large corporations, since the term "interbank market" refers
simply to a loose network of currency transactions negotiated between
financial institutions and other large companies.

6. Be Wary of Sending or Transferring Cash on the Internet, By Mail or
Otherwise

Be especially alert to the dangers of trading on-line; it is very easy
to transfer funds on-line, but often can be impossible to get a refund.

It costs an Internet advertiser just pennies per day to reach a
potential audience of millions of persons, and phony currency trading
firms have seized upon the Internet as an inexpensive and effective way
of reaching a large pool of potential customers.

Many companies offering currency trading on-line are not located within
the United States and may not display an address or any other
information identifying their nationality on their Web site. Be aware
that if you transfer funds to those foreign firms, it may be very
difficult or impossible to recover your funds.

7. Currency Scams Often Target Members of Ethnic Minorities

Some currency trading scams target potential customers in ethnic
communities, particularly persons in the Russian, Chinese and Indian
immigrant communities, through advertisements in ethnic newspapers and
television "infomercials."

Sometimes those advertisements offer so-called "job opportunities" for
"account executives" to trade foreign currencies. Be aware that
"account executives" that are hired might be expected to use their own
money for currency trading, as well as to recruit their family and
friends to do likewise. What appears to be a promising job opportunity
often is another way many of these companies lure customers into
parting with their cash.

8. Be Sure You Get the Company's Performance Track Record

Get as much information as possible about the firm's or individual's
performance record on behalf of other clients. You should be aware,
however, that It may be difficult or impossible to do so, or to verify
the information you receive. While firms and individuals are not
required to provide this information, you should be wary of any person
who is not willing to do so or who provides you with incomplete
information. However, keep in mind, even if you do receive a glossy
brochure or sophisticated-looking charts, that the information they
contain might be false.

9. Don't Deal With Anyone Who Won't Give You Their Background

Plan to do a lot of checking of any information you receive to be sure
that the company is and does exactly what it says.

Get the background of the persons running or promoting the company, if
possible. Do not rely solely on oral statements or promises from the
firm's employees. Ask for all information in written form.

If you cannot satisfy yourself that the persons with whom you are
dealing are completely legitimate and above-board, the wisest course of
action is to avoid trading foreign currencies through those companies.

10. Warning Signs Of Commodity "Come-Ons"

If you are solicited by a company to purchase commodities, watch for
the warning signs listed below:

Avoid any company that predicts or guarantees large profits with little
or no financial risk.
Be wary of high-pressure tactics to convince you to send or transfer
cash immediately to the firm, via overnight delivery companies, the
internet, by mail, or otherwise.
Be skeptical about unsolicited phone calls about investments from
offshore salespersons or companies with which you are unfamiliar.
Prior to purchasing:

Contact the CFTC.

Visit the CFTC's forex fraud web page.
Contact the National Futures Association to see whether the company is
registered with the CFTC or is a members of the National Futures
Association (NFA). You can do this easily by calling the NFA
(800-621-3570 or 800-676-4NFA) or by checking the NFA's registration
and membership information on its website at
www.nfa.futures.org/basicnet/. While registration may not be required,
you might want to confirm the status and disciplinary record of a
particular company or salesperson.
Get in touch with other authorities, including your state's securities
commissioner (www.nasaa.org), Attorney General's consumer protection
bureau (www.naag.org/), the Better Business Bureau (www.bbb.org) and
the National Futures Association (www.nfa.futures.org).

Be sure you get all information about the company and verify that data,
if possible. If you can, check the company's materials with someone
whose financial advice you trust.

Learn all possible information about fees charged, and the basis for
each of these charges.

If in doubt, don't invest. If you can't get solid information about the
company, the salesperson, and the investment, you may not want to risk
your money.
11. More Information and Contacts

Questions concerning this advisory may be addressed to the CFTC's
Office of Public Affairs at (202) 418-5080.
Commodity Futures Trading Commission
Three LaFayette Centre
1155 21st Street, N.W.
Washington, D.C. 20581

The Commodity Futures Modernization Act is available in our Law and
Regulation page.
(requires an Adobe Acrobat reader, which can be downloaded for free
from www.adobe.com and numerous other sites on the Internet)
For other consumer advisories concerning possible fraudulent activity
in the commodity futures and options industry, click on the Customer
Protection page.
Contact the National Fraud Information Center (www.fraud.org).
The CFTC's website also offers general information about trading in the
commodity futures and options markets. You may wish to visit our Before
You Trade page.
To find out whether firms or counterparties with whom you plan to trade
are registered or regulated institutions or entities that are outside
the CFTC's jurisdiction, you can check the lists of regulated
institutions on the following websites. Some institutions outside the
CFTC's jurisdiction do not appear on any of these lists or in other
readily-available places:

Federal Reserve Board (www.federalreserve.gov)
Federal Financial Institutions Examination Council (www.ffiec.gov)
Federal Deposit Insurance Corporation (www.fdic.gov)
U.S. Securities and Exchange Commission (www.sec.gov)
The Office of the Comptroller of the Currency (www.occ.treas.gov)
Office of Thrift Supervision (www.ots.treas.gov)
National Credit Union Association (www.ncua.gov)
National Association of Securities Dealers Regulation, Inc.
(www.nasdr.com)
All U.S. Government web sites can be located through links at
www.firstgov.gov
Your state Attorney General's office and state banking, insurance and
securities regulators (which often have their own web sites).





ProfitMaxTrading.com wrote:
> =================================
> Forex Trading - An Excellent Trading Education
> =================================
>
> Back in the day, those starting out trading in the Futures and Commodities
> markets had to make a choice; either we start off trading regular sized
> futures and commodity contracts, or look to trade the Mid-American exchanges
> and their pint size contracts.
>
> ...read the rest of the article at
> http://www.profitmaxtrading.com/articles/forex-trading-education.htm


Posted by CycleSurfer.com on July 6, 2006, 1:19 am
I especially enjoyed the "don't deal with anyone who won't give you
there background".

Why do you continually burn bandwidth. You could have posted a link to
the NFA page,

Also, thanks for pointing out that I do not meet any of those criteria
nor does your other obsession.

You obviously didn't read the article by R. He didn't mention or
promise large profits. It was a general letter on using the mini FX
accounts to hone trading discipline. If anything it was a take small
risk's and take your time article.

Every word you post ends up with the opposite of your intended effect.
Your like the Pink Panther or scam busters. I am laughing at you
histerically. Watching you is like watching midgets pole vault.

The only truth to be told is that your a bitter coward who burns up
band width spreading venom and are a herpes sore on the testicle of
this newsgroup.

truth-b-told wrote:
> Hey Ricky RAT,
>
> Look in the mirror and read this first before thinking about trading
> the Forex markets. You are OBSESSED with the Forex, and you also have
> your buddy FRAUD tagging along side you!!
>
> Sincerely,
> gerillio.
>
> ########
> ########
>
> COMMISSION ADVISORY
>
> BEWARE OF
>
> FOREIGN CURRENCY TRADING FRAUDS
>
>
> Have you been solicited to trade foreign currency contracts (also known
> as "forex")?
> If so, you need to know how to spot foreign currency trading frauds.
> The United States Commodity Futures Trading Commission (CFTC), the
> federal agency that regulates commodity futures and options markets in
> the United States, warns consumers to take special care to protect
> themselves from the various kinds of frauds being perpetrated in
> today's financial markets, including those involving so-called "foreign
> currency trading."
>
> A new federal law, the Commodity Futures Modernization Act of 2000,
> makes clear that the CFTC has the jurisdiction and authority to
> investigate and take legal action to close down a wide assortment of
> unregulated firms offering or selling foreign currency futures and
> options contracts to the general public. In addition, the CFTC has
> jurisdiction to investigate and prosecute foreign currency fraud
> occurring in its registered firms and their affiliates.
>
> The CFTC has witnessed the increasing numbers and growing complexity of
> financial investment opportunities in recent years, including a sharp
> rise in foreign currency trading scams. While much foreign currency
> trading is legitimate, various forms of foreign currency trading have
> been touted in recent years to defraud members of the public.
>
> Currency trading scams often attract customers through advertisements
> in local newspapers, radio promotions or attractive Internet sites.
> These advertisements may tout high-return, low-risk investment
> opportunities in foreign currency trading, or even highly-paid
> currency-trading employment opportunities. The CFTC urges you to be
> skeptical when promoters of foreign currency trading claim that their
> services or account management will earn high profits with minimal
> risks, or that employment as a currency trader will make you wealthy
> quickly.
>
> Understanding Legitimate Foreign Currency Operations
>
> Generally speaking, foreign currency futures and options contracts may
> be traded legally on an exchange or board of trade that has been
> approved by the CFTC.
>
> Even where currency trading does not occur on a Commission-approved
> exchange or board of trade, the trading can be conducted legally where,
> generally speaking, one or both parties to the trading is (or is a
> regulated affiliate of) a bank, insurance company, registered
> securities broker-dealer, futures commission merchant or other
> financial institution, or is an individual or entity with a high net
> worth.
>
> Where forex firms do not fall into the categories of regulated entities
> outlined above and engage in foreign currency futures and options
> transactions with or for retail customers who do not have high net
> worths, the CFTC has jurisdiction over those firms and their
> transactions.
>
> Warning Signs of Fraud
>
> If you are solicited by a company that claims to trade foreign
> currencies and asks you to commit funds for those purposes, you should
> be very careful. Watch for the warning signs listed below, and take the
> following precautions before placing your funds with any currency
> trading company.
>
> 1. Stay Away From Opportunities That Sound Too Good to Be True
>
> Get-rich-quick schemes, including those involving foreign currency
> trading, tend to be frauds.
>
> Always remember that there is no such thing as a "free lunch." Be
> especially cautious if you have acquired a large sum of cash recently
> and are looking for a safe investment vehicle. In particular, retirees
> with access to their retirement funds may be attractive targets for
> fraudulent operators. Getting your money back once it is gone can be
> difficult or impossible.
>
> 2. Avoid Any Company that Predicts or Guarantees Large Profits
>
> Be extremely wary of companies that guarantee profits, or that tout
> extremely high performance. In many cases, those claims are false.
>
> The following are examples of statements that either are or most likely
> are fraudulent:
>
> "Whether the market moves up or down, in the currency market you will
> make a profit."
> "Make $1000 per week, every week"
> "We are out-performing 90% of domestic investments."
> "The main advantage of the forex markets is that there is no bear
> market."
> "We guarantee you will make at least a 30-40% rate of return within two
> months."
> 3. Stay Away From Companies That Promise Little or No Financial Risk
>
> Be suspicious of companies that downplay risks or state that written
> risk disclosure statements are routine formalities imposed by the
> government.
>
> The currency futures and options markets are volatile and contain
> substantial risks for unsophisticated customers. The currency futures
> and options markets are not the place to put any funds that you cannot
> afford to lose. For example, retirement funds should not be used for
> currency trading. You can lose most or all of those funds very quickly
> trading foreign currency futures or options contracts. Therefore,
> beware of companies that make the following types of statements:
>
> "With a $10,000 deposit, the maximum you can lose is $200 to $250 per
> day."
> "We promise to recover any losses you have."
> "Your investment is secure."
> 4. Don't Trade on Margin Unless You Understand What It Means
>
> Margin trading can make you responsible for losses that greatly exceed
> the dollar amount you deposited.
>
> Many currency traders ask customers to give them money, which they
> sometimes refer to as "margin," often sums in the range of $1,000 to
> $5,000. However, those amounts, which are relatively small in the
> currency markets, actually control far larger dollar amounts of
> trading, a fact that often is poorly explained to customers.
>
> Don't trade on margin unless you fully understand what you are doing
> and are prepared to accept losses that exceed the margin amounts you
> paid.
>
> 5. Question Firms That Claim To Trade in the "Interbank Market"
>
> Be wary of firms that claim that you can or should trade in the
> "interbank market," or that they will do so on your behalf.
>
> Unregulated, fraudulent currency trading firms often tell retail
> customers that their funds are traded in the "interbank market," where
> good prices can be obtained. Firms that trade currencies in the
> interbank market, however, are most likely to be banks, investment
> banks and large corporations, since the term "interbank market" refers
> simply to a loose network of currency transactions negotiated between
> financial institutions and other large companies.
>
> 6. Be Wary of Sending or Transferring Cash on the Internet, By Mail or
> Otherwise
>
> Be especially alert to the dangers of trading on-line; it is very easy
> to transfer funds on-line, but often can be impossible to get a refund.
>
> It costs an Internet advertiser just pennies per day to reach a
> potential audience of millions of persons, and phony currency trading
> firms have seized upon the Internet as an inexpensive and effective way
> of reaching a large pool of potential customers.
>
> Many companies offering currency trading on-line are not located within
> the United States and may not display an address or any other
> information identifying their nationality on their Web site. Be aware
> that if you transfer funds to those foreign firms, it may be very
> difficult or impossible to recover your funds.
>
> 7. Currency Scams Often Target Members of Ethnic Minorities
>
> Some currency trading scams target potential customers in ethnic
> communities, particularly persons in the Russian, Chinese and Indian
> immigrant communities, through advertisements in ethnic newspapers and
> television "infomercials."
>
> Sometimes those advertisements offer so-called "job opportunities" for
> "account executives" to trade foreign currencies. Be aware that
> "account executives" that are hired might be expected to use their own
> money for currency trading, as well as to recruit their family and
> friends to do likewise. What appears to be a promising job opportunity
> often is another way many of these companies lure customers into
> parting with their cash.
>
> 8. Be Sure You Get the Company's Performance Track Record
>
> Get as much information as possible about the firm's or individual's
> performance record on behalf of other clients. You should be aware,
> however, that It may be difficult or impossible to do so, or to verify
> the information you receive. While firms and individuals are not
> required to provide this information, you should be wary of any person
> who is not willing to do so or who provides you with incomplete
> information. However, keep in mind, even if you do receive a glossy
> brochure or sophisticated-looking charts, that the information they
> contain might be false.
>
> 9. Don't Deal With Anyone Who Won't Give You Their Background
>
> Plan to do a lot of checking of any information you receive to be sure
> that the company is and does exactly what it says.
>
> Get the background of the persons running or promoting the company, if
> possible. Do not rely solely on oral statements or promises from the
> firm's employees. Ask for all information in written form.
>
> If you cannot satisfy yourself that the persons with whom you are
> dealing are completely legitimate and above-board, the wisest course of
> action is to avoid trading foreign currencies through those companies.
>
> 10. Warning Signs Of Commodity "Come-Ons"
>
> If you are solicited by a company to purchase commodities, watch for
> the warning signs listed below:
>
> Avoid any company that predicts or guarantees large profits with little
> or no financial risk.
> Be wary of high-pressure tactics to convince you to send or transfer
> cash immediately to the firm, via overnight delivery companies, the
> internet, by mail, or otherwise.
> Be skeptical about unsolicited phone calls about investments from
> offshore salespersons or companies with which you are unfamiliar.
> Prior to purchasing:
>
> Contact the CFTC.
>
> Visit the CFTC's forex fraud web page.
> Contact the National Futures Association to see whether the company is
> registered with the CFTC or is a members of the National Futures
> Association (NFA). You can do this easily by calling the NFA
> (800-621-3570 or 800-676-4NFA) or by checking the NFA's registration
> and membership information on its website at
> www.nfa.futures.org/basicnet/. While registration may not be required,
> you might want to confirm the status and disciplinary record of a
> particular company or salesperson.
> Get in touch with other authorities, including your state's securities
> commissioner (www.nasaa.org), Attorney General's consumer protection
> bureau (www.naag.org/), the Better Business Bureau (www.bbb.org) and
> the National Futures Association (www.nfa.futures.org).
>
> Be sure you get all information about the company and verify that data,
> if possible. If you can, check the company's materials with someone
> whose financial advice you trust.
>
> Learn all possible information about fees charged, and the basis for
> each of these charges.
>
> If in doubt, don't invest. If you can't get solid information about the
> company, the salesperson, and the investment, you may not want to risk
> your money.
> 11. More Information and Contacts
>
> Questions concerning this advisory may be addressed to the CFTC's
> Office of Public Affairs at (202) 418-5080.
> Commodity Futures Trading Commission
> Three LaFayette Centre
> 1155 21st Street, N.W.
> Washington, D.C. 20581
>
> The Commodity Futures Modernization Act is available in our Law and
> Regulation page.
> (requires an Adobe Acrobat reader, which can be downloaded for free
> from www.adobe.com and numerous other sites on the Internet)
> For other consumer advisories concerning possible fraudulent activity
> in the commodity futures and options industry, click on the Customer
> Protection page.
> Contact the National Fraud Information Center (www.fraud.org).
> The CFTC's website also offers general information about trading in the
> commodity futures and options markets. You may wish to visit our Before
> You Trade page.
> To find out whether firms or counterparties with whom you plan to trade
> are registered or regulated institutions or entities that are outside
> the CFTC's jurisdiction, you can check the lists of regulated
> institutions on the following websites. Some institutions outside the
> CFTC's jurisdiction do not appear on any of these lists or in other
> readily-available places:
>
> Federal Reserve Board (www.federalreserve.gov)
> Federal Financial Institutions Examination Council (www.ffiec.gov)
> Federal Deposit Insurance Corporation (www.fdic.gov)
> U.S. Securities and Exchange Commission (www.sec.gov)
> The Office of the Comptroller of the Currency (www.occ.treas.gov)
> Office of Thrift Supervision (www.ots.treas.gov)
> National Credit Union Association (www.ncua.gov)
> National Association of Securities Dealers Regulation, Inc.
> (www.nasdr.com)
> All U.S. Government web sites can be located through links at
> www.firstgov.gov
> Your state Attorney General's office and state banking, insurance and
> securities regulators (which often have their own web sites).
>
>
>
>
>
> ProfitMaxTrading.com wrote:
> > =================================
> > Forex Trading - An Excellent Trading Education
> > =================================
> >
> > Back in the day, those starting out trading in the Futures and Commodities
> > markets had to make a choice; either we start off trading regular sized
> > futures and commodity contracts, or look to trade the Mid-American exchanges
> > and their pint size contracts.
> >
> > ...read the rest of the article at
> > http://www.profitmaxtrading.com/articles/forex-trading-education.htm


Posted by truth-b-told on July 8, 2006, 2:35 pm
Hey Legin,

Your most recent fundraiser is a crock of BULL!! Every time you make a
post, you waste bandwidth. You are an IDIOT who is running a SCAM. End
of story!!! Why do you always like to copy your buddy Rick RAT
Ratchford, with these ridiculous posts of yours trying to defend your
peddling ways?

These "get-rich-quick schemes," and these "freebie trial offers," with
this +80% to +90% accuracy claims, and with little or no financial
risk....or sitting by the pool, getting a tan while you wait for the
markets to close so you can then download and run tomorrows
trades....today, is about as stupid as you can get. This is exactly why
everyone who falls for your BS, has to do a background check on your
past. It's very simple for newbies to understand....all they have to do
is read between the lines, and they will see what we see!!!

We can see how stupid you are Legum, with every post you make. Oh, I
need to whittle out those who won't spend money on my products, and
I'll first "blitz the MIF site, with SPAM and more SPAM, and then I'll
weed out those who don't say nice things about my spam newsletter, or
my prices will double in the next week,so pay up asap, before prices
increase.....or I know, let's do a fundraiser in Stuart, Iowa, at the
local Super 8, and those who appear, can split the costs for the rooms
and paper and pencils and overhead projector.

One would think if you really had something, you wouldn't be hosting
these "hotel seminars," at the local Super 8....or these fly-ins at the
local Airport and hotels...or riding on the coatails of Daddy Legan,
who was BUSTED by the NFA and fined $10 grand.....One would think you
would have respect from other prominent traders, but like your buddy
Ratchford, NOBODY has ever come forward, and backed you up. NOBODY has
priased your work, other than you yourself. Same goes for your buddy
Ricky RAT Ratchford, who has so many FAKE names, it has become a game
of "can you top what I just did, and let's see ho much money you can
rake in with your next gig."

Why did you put on Seminar in Stuart, Iowa? It was a fundraiser, to get
some income so you could get the proper paperwork in order for your
mail order Russian bride. Here is what you said in your private Yahoo
pay site, and thanks goes out to the prominent member who sent me this:
This is Mr. 8 Incher himself, speaking...."My brain is working on it,
just makeing sure the July 13 is done
first. I already had the monthly and weekly Corn models. I don't
have a Monthly Bean model Yet. But, it is a long weekend and I
don't have my daughters this year. The consulate lost my fiance's
paperwork, so I have motivation to make extra $ and get back to
Ukraine. We'll go ahead and marry in Kiev and file directly at the
consulate so the papers can't get lost in transit.

I'll probably be pulling a few all nighters.

Dale
^^^^^^^^^^^^^^^^
^^^^^^^^^^^^^^^^

So Dale, you still need "extra money?" One would think that with +90%
accuracy claims, you would have all the money in the world, with your
cycle BS that you SPAM, but you honestly DON'T have a clue as to how to
trade it!! This is why you had to do a quickie seminar/fundraiser, and
you found 5 or 10 dunderheads, to pay you $360.00, so they could listen
to your BS today at the local Super 8. Hmmmmm, how much does a plane
ticket cost to the Ukraine? If Dale really had the answers, he wouldn't
be peddling his wares and trolling for "extra $," in Stuart, Iowa, at
the local Super 8 Hotel.

Carryon, LOSER!!

Sincerely,
gerillio.

########
########

CycleSurfer.com wrote:
> I especially enjoyed the "don't deal with anyone who won't give you
> there background".
>
> Why do you continually burn bandwidth. You could have posted a link to
> the NFA page,
>
> Also, thanks for pointing out that I do not meet any of those criteria
> nor does your other obsession.
>
> You obviously didn't read the article by R. He didn't mention or
> promise large profits. It was a general letter on using the mini FX
> accounts to hone trading discipline. If anything it was a take small
> risk's and take your time article.
>
> Every word you post ends up with the opposite of your intended effect.
> Your like the Pink Panther or scam busters. I am laughing at you
> histerically. Watching you is like watching midgets pole vault.
>
> The only truth to be told is that your a bitter coward who burns up
> band width spreading venom and are a herpes sore on the testicle of
> this newsgroup.
>
> truth-b-told wrote:
> > Hey Ricky RAT,
> >
> > Look in the mirror and read this first before thinking about trading
> > the Forex markets. You are OBSESSED with the Forex, and you also have
> > your buddy FRAUD tagging along side you!!
> >
> > Sincerely,
> > gerillio.
> >
> > ########
> > ########
> >
> > COMMISSION ADVISORY
> >
> > BEWARE OF
> >
> > FOREIGN CURRENCY TRADING FRAUDS
> >
> >
> > Have you been solicited to trade foreign currency contracts (also known
> > as "forex")?
> > If so, you need to know how to spot foreign currency trading frauds.
> > The United States Commodity Futures Trading Commission (CFTC), the
> > federal agency that regulates commodity futures and options markets in
> > the United States, warns consumers to take special care to protect
> > themselves from the various kinds of frauds being perpetrated in
> > today's financial markets, including those involving so-called "foreign
> > currency trading."
> >
> > A new federal law, the Commodity Futures Modernization Act of 2000,
> > makes clear that the CFTC has the jurisdiction and authority to
> > investigate and take legal action to close down a wide assortment of
> > unregulated firms offering or selling foreign currency futures and
> > options contracts to the general public. In addition, the CFTC has
> > jurisdiction to investigate and prosecute foreign currency fraud
> > occurring in its registered firms and their affiliates.
> >
> > The CFTC has witnessed the increasing numbers and growing complexity of
> > financial investment opportunities in recent years, including a sharp
> > rise in foreign currency trading scams. While much foreign currency
> > trading is legitimate, various forms of foreign currency trading have
> > been touted in recent years to defraud members of the public.
> >
> > Currency trading scams often attract customers through advertisements
> > in local newspapers, radio promotions or attractive Internet sites.
> > These advertisements may tout high-return, low-risk investment
> > opportunities in foreign currency trading, or even highly-paid
> > currency-trading employment opportunities. The CFTC urges you to be
> > skeptical when promoters of foreign currency trading claim that their
> > services or account management will earn high profits with minimal
> > risks, or that employment as a currency trader will make you wealthy
> > quickly.
> >
> > Understanding Legitimate Foreign Currency Operations
> >
> > Generally speaking, foreign currency futures and options contracts may
> > be traded legally on an exchange or board of trade that has been
> > approved by the CFTC.
> >
> > Even where currency trading does not occur on a Commission-approved
> > exchange or board of trade, the trading can be conducted legally where,
> > generally speaking, one or both parties to the trading is (or is a
> > regulated affiliate of) a bank, insurance company, registered
> > securities broker-dealer, futures commission merchant or other
> > financial institution, or is an individual or entity with a high net
> > worth.
> >
> > Where forex firms do not fall into the categories of regulated entities
> > outlined above and engage in foreign currency futures and options
> > transactions with or for retail customers who do not have high net
> > worths, the CFTC has jurisdiction over those firms and their
> > transactions.
> >
> > Warning Signs of Fraud
> >
> > If you are solicited by a company that claims to trade foreign
> > currencies and asks you to commit funds for those purposes, you should
> > be very careful. Watch for the warning signs listed below, and take the
> > following precautions before placing your funds with any currency
> > trading company.
> >
> > 1. Stay Away From Opportunities That Sound Too Good to Be True
> >
> > Get-rich-quick schemes, including those involving foreign currency
> > trading, tend to be frauds.
> >
> > Always remember that there is no such thing as a "free lunch." Be
> > especially cautious if you have acquired a large sum of cash recently
> > and are looking for a safe investment vehicle. In particular, retirees
> > with access to their retirement funds may be attractive targets for
> > fraudulent operators. Getting your money back once it is gone can be
> > difficult or impossible.
> >
> > 2. Avoid Any Company that Predicts or Guarantees Large Profits
> >
> > Be extremely wary of companies that guarantee profits, or that tout
> > extremely high performance. In many cases, those claims are false.
> >
> > The following are examples of statements that either are or most likely
> > are fraudulent:
> >
> > "Whether the market moves up or down, in the currency market you will
> > make a profit."
> > "Make $1000 per week, every week"
> > "We are out-performing 90% of domestic investments."
> > "The main advantage of the forex markets is that there is no bear
> > market."
> > "We guarantee you will make at least a 30-40% rate of return within two
> > months."
> > 3. Stay Away From Companies That Promise Little or No Financial Risk
> >
> > Be suspicious of companies that downplay risks or state that written
> > risk disclosure statements are routine formalities imposed by the
> > government.
> >
> > The currency futures and options markets are volatile and contain
> > substantial risks for unsophisticated customers. The currency futures
> > and options markets are not the place to put any funds that you cannot
> > afford to lose. For example, retirement funds should not be used for
> > currency trading. You can lose most or all of those funds very quickly
> > trading foreign currency futures or options contracts. Therefore,
> > beware of companies that make the following types of statements:
> >
> > "With a $10,000 deposit, the maximum you can lose is $200 to $250 per
> > day."
> > "We promise to recover any losses you have."
> > "Your investment is secure."
> > 4. Don't Trade on Margin Unless You Understand What It Means
> >
> > Margin trading can make you responsible for losses that greatly exceed
> > the dollar amount you deposited.
> >
> > Many currency traders ask customers to give them money, which they
> > sometimes refer to as "margin," often sums in the range of $1,000 to
> > $5,000. However, those amounts, which are relatively small in the
> > currency markets, actually control far larger dollar amounts of
> > trading, a fact that often is poorly explained to customers.
> >
> > Don't trade on margin unless you fully understand what you are doing
> > and are prepared to accept losses that exceed the margin amounts you
> > paid.
> >
> > 5. Question Firms That Claim To Trade in the "Interbank Market"
> >
> > Be wary of firms that claim that you can or should trade in the
> > "interbank market," or that they will do so on your behalf.
> >
> > Unregulated, fraudulent currency trading firms often tell retail
> > customers that their funds are traded in the "interbank market," where
> > good prices can be obtained. Firms that trade currencies in the
> > interbank market, however, are most likely to be banks, investment
> > banks and large corporations, since the term "interbank market" refers
> > simply to a loose network of currency transactions negotiated between
> > financial institutions and other large companies.
> >
> > 6. Be Wary of Sending or Transferring Cash on the Internet, By Mail or
> > Otherwise
> >
> > Be especially alert to the dangers of trading on-line; it is very easy
> > to transfer funds on-line, but often can be impossible to get a refund.
> >
> > It costs an Internet advertiser just pennies per day to reach a
> > potential audience of millions of persons, and phony currency trading
> > firms have seized upon the Internet as an inexpensive and effective way
> > of reaching a large pool of potential customers.
> >
> > Many companies offering currency trading on-line are not located within
> > the United States and may not display an address or any other
> > information identifying their nationality on their Web site. Be aware
> > that if you transfer funds to those foreign firms, it may be very
> > difficult or impossible to recover your funds.
> >
> > 7. Currency Scams Often Target Members of Ethnic Minorities
> >
> > Some currency trading scams target potential customers in ethnic
> > communities, particularly persons in the Russian, Chinese and Indian
> > immigrant communities, through advertisements in ethnic newspapers and
> > television "infomercials."
> >
> > Sometimes those advertisements offer so-called "job opportunities" for
> > "account executives" to trade foreign currencies. Be aware that
> > "account executives" that are hired might be expected to use their own
> > money for currency trading, as well as to recruit their family and
> > friends to do likewise. What appears to be a promising job opportunity
> > often is another way many of these companies lure customers into
> > parting with their cash.
> >
> > 8. Be Sure You Get the Company's Performance Track Record
> >
> > Get as much information as possible about the firm's or individual's
> > performance record on behalf of other clients. You should be aware,
> > however, that It may be difficult or impossible to do so, or to verify
> > the information you receive. While firms and individuals are not
> > required to provide this information, you should be wary of any person
> > who is not willing to do so or who provides you with incomplete
> > information. However, keep in mind, even if you do receive a glossy
> > brochure or sophisticated-looking charts, that the information they
> > contain might be false.
> >
> > 9. Don't Deal With Anyone Who Won't Give You Their Background
> >
> > Plan to do a lot of checking of any information you receive to be sure
> > that the company is and does exactly what it says.
> >
> > Get the background of the persons running or promoting the company, if
> > possible. Do not rely solely on oral statements or promises from the
> > firm's employees. Ask for all information in written form.
> >
> > If you cannot satisfy yourself that the persons with whom you are
> > dealing are completely legitimate and above-board, the wisest course of
> > action is to avoid trading foreign currencies through those companies.
> >
> > 10. Warning Signs Of Commodity "Come-Ons"
> >
> > If you are solicited by a company to purchase commodities, watch for
> > the warning signs listed below:
> >
> > Avoid any company that predicts or guarantees large profits with little
> > or no financial risk.
> > Be wary of high-pressure tactics to convince you to send or transfer
> > cash immediately to the firm, via overnight delivery companies, the
> > internet, by mail, or otherwise.
> > Be skeptical about unsolicited phone calls about investments from
> > offshore salespersons or companies with which you are unfamiliar.
> > Prior to purchasing:
> >
> > Contact the CFTC.
> >
> > Visit the CFTC's forex fraud web page.
> > Contact the National Futures Association to see whether the company is
> > registered with the CFTC or is a members of the National Futures
> > Association (NFA). You can do this easily by calling the NFA
> > (800-621-3570 or 800-676-4NFA) or by checking the NFA's registration
> > and membership information on its website at
> > www.nfa.futures.org/basicnet/. While registration may not be required,
> > you might want to confirm the status and disciplinary record of a
> > particular company or salesperson.
> > Get in touch with other authorities, including your state's securities
> > commissioner (www.nasaa.org), Attorney General's consumer protection
> > bureau (www.naag.org/), the Better Business Bureau (www.bbb.org) and
> > the National Futures Association (www.nfa.futures.org).
> >
> > Be sure you get all information about the company and verify that data,
> > if possible. If you can, check the company's materials with someone
> > whose financial advice you trust.
> >
> > Learn all possible information about fees charged, and the basis for
> > each of these charges.
> >
> > If in doubt, don't invest. If you can't get solid information about the
> > company, the salesperson, and the investment, you may not want to risk
> > your money.
> > 11. More Information and Contacts
> >
> > Questions concerning this advisory may be addressed to the CFTC's
> > Office of Public Affairs at (202) 418-5080.
> > Commodity Futures Trading Commission
> > Three LaFayette Centre
> > 1155 21st Street, N.W.
> > Washington, D.C. 20581
> >
> > The Commodity Futures Modernization Act is available in our Law and
> > Regulation page.
> > (requires an Adobe Acrobat reader, which can be downloaded for free
> > from www.adobe.com and numerous other sites on the Internet)
> > For other consumer advisories concerning possible fraudulent activity
> > in the commodity futures and options industry, click on the Customer
> > Protection page.
> > Contact the National Fraud Information Center (www.fraud.org).
> > The CFTC's website also offers general information about trading in the
> > commodity futures and options markets. You may wish to visit our Before
> > You Trade page.
> > To find out whether firms or counterparties with whom you plan to trade
> > are registered or regulated institutions or entities that are outside
> > the CFTC's jurisdiction, you can check the lists of regulated
> > institutions on the following websites. Some institutions outside the
> > CFTC's jurisdiction do not appear on any of these lists or in other
> > readily-available places:
> >
> > Federal Reserve Board (www.federalreserve.gov)
> > Federal Financial Institutions Examination Council (www.ffiec.gov)
> > Federal Deposit Insurance Corporation (www.fdic.gov)
> > U.S. Securities and Exchange Commission (www.sec.gov)
> > The Office of the Comptroller of the Currency (www.occ.treas.gov)
> > Office of Thrift Supervision (www.ots.treas.gov)
> > National Credit Union Association (www.ncua.gov)
> > National Association of Securities Dealers Regulation, Inc.
> > (www.nasdr.com)
> > All U.S. Government web sites can be located through links at
> > www.firstgov.gov
> > Your state Attorney General's office and state banking, insurance and
> > securities regulators (which often have their own web sites).
> >
> >
> >
> >
> >
> > ProfitMaxTrading.com wrote:
> > > =================================
> > > Forex Trading - An Excellent Trading Education
> > > =================================
> > >
> > > Back in the day, those starting out trading in the Futures and Commodities
> > > markets had to make a choice; either we start off trading regular sized
> > > futures and commodity contracts, or look to trade the Mid-American
exchanges
> > > and their pint size contracts.
> > >
> > > ...read the rest of the article at
> > > http://www.profitmaxtrading.com/articles/forex-trading-education.htm


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