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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (1557)	10/12/2023 6:52:18 PM
From: POKERSAM	1 Recommendation Recommended By GROUND ZERO™ Read Replies (1) \| Respond to of 1784

Well, all I can say is amen to all of that. Most scammers are perma bulls. The reason they are is obvious. Since the markets go up 60% of the time and every bear market recovers and goes to new all-time highs, they will eventually be right. Long term they are extremely dangerous. One I know has missed every bear market since 1999 when I first encountered him. A 50% hair cut to your account can be a disaster if you lose all your money. Remember that studies show that 90% of traders lose money. You cannot allow an emotional bias to govern your trades. If you do you will lose. The markets are driven by fear and greed, but a successful trader is not. This same analyst admitted years ago that he learned that if you want to be known as king of the markets you had to remain bullish. He learned that lesson well because that is all he has ever been. On the last bear market, he called for new all-time highs at the bottom of five different dips. He was wrong each time. Of course, he never admitted he was wrong. That would not fit his claim that he is the only one who knows anything.

To: GROUND ZERO™ who wrote (1557)	10/12/2023 8:32:09 PM
From: DayTraderKidd	3 Recommendations Recommended By GROUND ZERO™ POKERSAM Tweets Boar Hog Read Replies (1) \| Respond to of 1784

Excellent read. You are right, large numbers of people fall victim to frauds and quaks in the markets and it is hard for them to distinguish who is real from the scammers. This goes far beyond stock markets. I have long ago come to the conclusion that people and whole societies need to be lead. And if they are not being led, they are being mislead. Most people , outside of their area of expertise, don’t seem to distinguish very well between who is real from the scammers. Scammers take advantage of this. I see the damage the scammers have done every day and everywhere I look. I see it here on SI, in our politics and on both sides of the isle. I see it everywhere across the globe. And the reason it is like it is now is because there are usually no consequences for doing it.