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To: BWAC who wrote (49590)	10/26/2003 2:02:48 PM
From: Carl Worth	Respond to of 53068

hey for once i agree with you <G> i got this like 20 page glossy flyer recently for some options trading system where they were supposedly up 1000's of % over the past 5 years with their trades, but if you read the fine print of the "trading record," it says these gains are assuming you took the profit at the maximum profit point of each trade....LOL....yeah, that happens to me so often, selling at the absolute high, i'm sure they can do that like NEVER there's another one where the guy's site genuinely seems to have good ideas, in fact i have traded his free pick of the day several times for decent gains, yet when you get his information on his paid service, he again uses bogus data where his track record is based on making 20% of the maximum gain on each trade, again assuming that you would never have a loss on one of his trades and that, despite the fact that his own method employs taking at least half the trade off the table when you gain 7%, you could somehow make 50, 100 or even more % on some of these trades it seems to me that if someone can't use actual results of every trade from their system, rather than results modified in some way, there must be something inherently wrong with their system, or else they would just give their track record, plain and simple....but of course that wouldn't sell their "service," now would it? <g> i guess it's the same as anything in life, buyer beware and always read the fine print and if it sounds too good to be true, it almost certainly is, but you have to wonder why there isn't some kind of scrutiny of people making these absurd claims and as you said, fleecing people out of their money over and over...then again, it isn't the government's job to save people from their own greed and stupidity...there must be a balance somewhere though, and it seems like right now the balance is too much in favor of the snake oil salesmen

To: BWAC who wrote (49590)	10/26/2003 2:18:29 PM
From: E.J. Neitz Jr	Respond to of 53068

Move North a tad and just look what you can do: ETrade also supports onsite trading, in which you trade your own capital while using equipment provided by ETrade (minimum $50,000 account to start) in one of its 12 offices. You can also become a Proprietary Trader, if you're in Manhattan or Houston, which allows you to be an ETrade employee, earning a salary and benefits, while splitting your trading income with ETrade. Its Website warns, however, "Because new positions are limited, the interview process is extremely competitive." Whatca waiting for buddy? It's like taking candy from a baby! Trust me pal!