Submitted by StonedPharaoh t3_11eh4d9 in wallstreetbets
Quick question, why would a very good trader charge people subscription for signals?? Why don’t they use this knowledge to become billionaire? Just wondering about your thoughts.
Submitted by StonedPharaoh t3_11eh4d9 in wallstreetbets
Quick question, why would a very good trader charge people subscription for signals?? Why don’t they use this knowledge to become billionaire? Just wondering about your thoughts.
I think you answered your own question there
Lol I understand, its probably more stable source of income. Its just too attractive when they post their gains. Makes u want to join too
Because they are full of shit.
Because they don't win 100% of the time any more than anyone else does. And that sweet subscription income is how they actually make a stable living
Yup now that makes perfect sense👌🏽
Same thing as hedgefunds. They use other people's money to invest. If they were so good why not just use there own money.
A random comment that stuck with me from the 2008 GFC:
Nobody knows anything
Hedge funds does not have positions with their own money? Its 100% users funds?
They never post loss porn
Go for it and report back to us after 50 trades win or lose
Most of them live of the subscription money and are shit at what they are doing.
Let's consider a successful trader. Passive income while trading. Doesn't cost you anything and you get money.
Up or down, they skim fees from the people who put their money in the fund. That's the whole point - a subscription. Ask yourself why there is a subscription for almost everything. Steady income and in the long run you get payed more than an actual sell.
I know someone irl that does something like this and oh so I promise them subscribers pay this mans life. Lol
Though a lot of them are for sure scams, some of them charge, because they are always watching for the signal (right or wrong) and you pay them so that you don't have to. You are paying them to watch the stocks for you and let you know when things change, not to make your trades for you.
Is he a good trader atleast?
I’d say so yeah but he doesn’t have good personal control so he always fucks up the bag w dumb plays on his own time
Because technical analysis is a load of shit.
He'll probably start explaining a cup and handle formation to you the day before CPI.
The only signal I get is your mum showing her pussy
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