As previously noted, while Seinfeld quotes may provide some entertainment, the discussions in this room have increasingly devolved into rants on various topics. Initially amusing, these conversations about iguanas, his various homes, Tesla, Elon Musk, Canadians, and Europeans have become repetitive. Although Don asserts that the discussions are not political, there appears to be a noticeable bias in the recent dialogue.The trades associated with the regular subscription tend to be contrarian in nature. While there are occasional winners, the losses incurred from unsuccessful trades often exceed the gains from quick wins, which average around 30%. Particularly significant losing trades, such as the Ultima short positions, seem to be overlooked entirely.Additionally, there is a persistent promotion of various high-cost programs, including Genesys Cog, Catapult, Earnings Flips, Golden Setup, Masterminds, Deep Currents, Trinity Trade, and the Million Dollar Portfolio. Throughout the day, comments are frequently made regarding the successful trades within these programs. However, other initiatives, such as TradeZaba, have fallen out of favor and are rarely mentioned, likely due to negative feedback, as evidenced by participant reviews in this forum alone. I observed during one of the webinars that a moderator deleted a participant's inquiry about TradeZaba, which raises concerns about transparency.For instance, over the past two years, we have repeatedly heard claims that Bitcoin was on the verge of collapse when its price was in the mid-20K range. This resulted in missed opportunities during its ascent toward the 100K mark, and now there is a sense of vindication as the price has retreated to the 80K range. It is important to remember that even a broken clock is right twice a day.This service is certainly not suitable for individuals with smaller accounts, as the contrarian trades can lead to rapid financial depletion. With an initial membership cost ranging from $700 to $1,000 and a risk of approximately $250 to $300 per contract, the potential returns of $30 to $130 are insufficient for those with accounts under $25K. Engaging in single contracts will likely result in significant losses before achieving any semblance of breakeven.
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At TheoTrade, we believe every trader deserves a clear path to success...and the right team behind them. That’s why we’ve built one of the largest and most supportive trading communities in the industry.
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