Ranger222 said:
McInnis 03 said:
Freaking A.
The discord I've been getting futures levels from is going to a sub-service.
I'm the death knell of free information, I really am.
This is the fintwit model.
Build a following by giving out free information. Create a 'community'. Build it up with enough #s so that when you charge for a service, a certain % will convert to a paying customer because they enjoy the info/community too much not to. Rake in some $$$ for a short while.
Then after a while and you've sucked up enough monthly subscription fees, the community will die or disband. Re-invent yourself under a new alias and build up a new community. Rinse, repeat.
I'm sure there are some genuine people out there that are running real services, but I've followed it enough now I'm pretty sure there is are group(s) of people out there that are in on just building certain people up by 'recommending' them and promoting their twitter as a 'great follow'...then that person gains followers and after a couple months is starting a service. Hate to say it, but I think its true. Always have to be cautious about who you follow and give hard earned $ to. There are definitely legit people out there, but also fakes that are just running a scam to get your money.
I'm with you. I really like Ripster whether someone uses his methods with the EMA clouds or not. He seems to be genuine and I think has a disciplined system he goes by. Much respect for that. He gives out a ton of continuous knowledge, setups, experience, etc. for free. For now anyway. I've always wondered when he would have a private subscription service and I do expect that to become a reality.
Not that I don't agree with him being able to do that. He's put in the time, effort, wins and losses to be successful.
I think there is probably a solid model for some of these guys not to charge for their services but be sponsored by various companies of the products they use. Broker platforms, software, news feeds, etc. No different than an athlete that makes it. There is probably a lot more money in that path if someone thinks outside the box.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11