Michael had been hearing a lot about this new product that was powered by the internet. It was supposed to be amazing, and he was really curious to try it out.
When he finally got the chance to check it out, he was not disappointed. The product was amazing, and it worked just like it had promised. He could do everything from shopping to banking to Investing online, all from one convenient location. It was like a micro-strategy all in itself.
He quickly became a fan of this new product, and he started telling all of his friends about how great it was, shilling it on social media and having calls with anyone who would listen. Of course, they were all eager to try it out for themselves, and soon enough, everyone in Michael's social circle had become hooked on this internet-powered product.
Then the people in the social circle started talking about it, like they had a clue.
It was then so widely discussed, every man and his dog jumped in, even if they didn’t understand it!
I mean, it all just seems so complicated. And when you add in the fact that large investors and governments know that retail investors don't know how to invest wisely, it just makes me feel even more overwhelmed. But not a concern for Michael or his merry men.
It was back in 2009 when this product came into existence. Nobody was talking about it, or nobody that anyone cared about was talking about it. You could make a fortune if you got in on the ground floor. Instead many got in at a much, much higher price point.
And boy, what a surprised! Turns out, this new investment product wasn't actually meant for retail investors just yet, people who didn’t understand and got greedy listening to Michael n co. It was meant for large investors to profit from silly retail – although much like the NHS Brexit pledge, big boys into a product doesn’t mean a good outcome for the masses.
Many invested life savings into this product without knowing anything about it. And of course, within a few months the whole thing came crashing down. The price stayed low for months on end.
It's no secret that banks make a killing by trading against retail investors. But how do they do it? By taking advantage of their customers' lack of knowledge, of course!
Knowing that the average person won't take the time to learn. They can attract the suckers, when the retail-investors pull the trigger and buy, the big boys will immediately turn around and execute the sales feeding the rally. Clever really isn’t it?!
It's a dirty little secret that most people are unaware of. But once you know how to play the game, you can start beating the big boys at their own game!
If you've ever traded stocks, then you know that the banks always seem to come out on top. They make money by fooling retail traders into buying and selling at the wrong times. This new shiny, internet product – well, no different. Although many said "it is different this time"
But here's the thing: most retail traders don't understand how it works. They see the price going up as a signal to buy, so who is selling to them I wonder?
Moral of the story, don't listen to Michael and his cronies. Take the time to appreciate the charts.
When he finally got the chance to check it out, he was not disappointed. The product was amazing, and it worked just like it had promised. He could do everything from shopping to banking to Investing online, all from one convenient location. It was like a micro-strategy all in itself.
He quickly became a fan of this new product, and he started telling all of his friends about how great it was, shilling it on social media and having calls with anyone who would listen. Of course, they were all eager to try it out for themselves, and soon enough, everyone in Michael's social circle had become hooked on this internet-powered product.
Then the people in the social circle started talking about it, like they had a clue.
It was then so widely discussed, every man and his dog jumped in, even if they didn’t understand it!
I mean, it all just seems so complicated. And when you add in the fact that large investors and governments know that retail investors don't know how to invest wisely, it just makes me feel even more overwhelmed. But not a concern for Michael or his merry men.
It was back in 2009 when this product came into existence. Nobody was talking about it, or nobody that anyone cared about was talking about it. You could make a fortune if you got in on the ground floor. Instead many got in at a much, much higher price point.
And boy, what a surprised! Turns out, this new investment product wasn't actually meant for retail investors just yet, people who didn’t understand and got greedy listening to Michael n co. It was meant for large investors to profit from silly retail – although much like the NHS Brexit pledge, big boys into a product doesn’t mean a good outcome for the masses.
Many invested life savings into this product without knowing anything about it. And of course, within a few months the whole thing came crashing down. The price stayed low for months on end.
It's no secret that banks make a killing by trading against retail investors. But how do they do it? By taking advantage of their customers' lack of knowledge, of course!
Knowing that the average person won't take the time to learn. They can attract the suckers, when the retail-investors pull the trigger and buy, the big boys will immediately turn around and execute the sales feeding the rally. Clever really isn’t it?!
It's a dirty little secret that most people are unaware of. But once you know how to play the game, you can start beating the big boys at their own game!
If you've ever traded stocks, then you know that the banks always seem to come out on top. They make money by fooling retail traders into buying and selling at the wrong times. This new shiny, internet product – well, no different. Although many said "it is different this time"
But here's the thing: most retail traders don't understand how it works. They see the price going up as a signal to buy, so who is selling to them I wonder?
Moral of the story, don't listen to Michael and his cronies. Take the time to appreciate the charts.
Discord Server for education and advanced techniques: discord.gg/5t3w47raHe
Master the Art of Trading: amzn.to/3nUfB9r
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Master the Art of Trading: amzn.to/3nUfB9r
Prop firm partners (FTMO)
shorturl.at/hBEQ4
