Trader Making Waves On Live Television
By Saying That The Savings Of Millions Are GoingTo Vanish
If you haven’t see the video of the trader Alessio Rastani making some pretty big waves on the BBC - LIVE, then now is your chance. It has been billed as a 'frank, jaw-dropping open opinion' about the current economic climate. I am going to say more about it in just a moment but first watch the video, then come back and read my thoughts.
The backlash to this video was amazing. He was hunted down, people went through his trash and found that he wasn’t even a trader, apparently he works for a seminar company in US and his bank account had $900 in it. But who knows? That could have been just one account of many.
What are your thoughts about the video? Click on the image to play - it's just 3 minutes.
I think that by nature, day traders are hunters and he was being very candid about this – although I don’t think he should have said that he lies awake at night hoping for a recession. Why would he do that? What he should have said was that as a trader, his job is to make money if markets go up or down and because he can make money faster when markets go down, he thinks and hopes that markets would come down a little bit more.
Those of you who have been a client of Investment Mastery will have heard me say what Alessio Rastani has now shared with the nation; that you can make money at any time, even when the markets are doing down, as long as you have a plan - and you need to start NOW.
He also told us that money can be made in a recession - and he mentioned that there was money made for many businesses in the 30's depression, and I would like to add more modern recession-succ
esses such as Fedex, Microsoft, Burger King, Amazon, and Ebay. If you read news other than the main headlines, you will also see that smaller, more 'cottage industry' or 'community' businesses are flourishing too; there is a resurgence in social enterprise, local organic deliveries, and suchlike. The world is definately changing - and we need to change too.
So whatever you think about the video and the economic situation - you know that you really must take responsibility for your financial security. You can make money in any market - but you need a plan, follow up support, and you need to start NOW.
'Take A Trader Home' trial a massive success
Last week we trialled Investment Mastery's newest service: ‘Take a Trader Home’. This is where clients who have learned our Forex strategy can watch my No 1 Trader, Avi, trade live from their homes during 2 trading sessions a day. We traded 7 sessions in all that week. 14 people took part in the trial. Everyone made money – anywhere from 80 pips to 160 pips that week. Avi himself was up 8% on his entire portfolio. It was impressive and everyone asked for the service to be continued.
We are currently in discussions with Avi on whether it affected his trading (doesn’t look like it) and whether he wants to continue doing it, as it means he has to be at the computer all the time for the webinar (as opposed to being in bed in his pyjamas) :-)
This service, by its very nature can only be offered as an educational tool for people who have already learned the strategy. We do not want it to be seen as a tipping service or anything the FSA might disapprove of, so only graduates were invited as an additional educational service.
October Heatwave
Finally, as if the world's not crazy enough - I must mention what a glorious weekend it was - and it's October! I don't know about your area - but everywhere I went it seemed that people were celebrating and taking full avantage of the hottest October in 26 years! It was a barbecue day yesterday - and the smell of coals mixed with the sunshine was fantastic. Who doesn’t like a good barbecue? I hope that you managed to enjoy the weekend as well. Did you go to the beach? I can only imagine what it was like in Brighton - by the newspaper reports it was packed - but a lot of fun. I bet there were some businesses doing a roaring trade!
After our BBQ it was off to London in the evening to have dinner with Tax Liens guru Saen Higgins. He had just conducted his 2nd workshop in London and has plans to come back next year. More about that in another post.
Remember to let me know what you think of the video!
Until next week,
Marcus
Great reminder, thanks Marcus! Action is the key! We know it's coming, but what actions will we take???
What actions would you recommend to take Marcus?
Posted by: Mike Clark | October 03, 2011 at 11:15 AM
He may be right but he shouldent have said that he prays every night for a recession which is basically saying that he doesnt mind if his friends get wiped out as long as he is ok..
Jaw dropping video though and usually this doesnt make it onto the tv
Posted by: jack foley | October 03, 2011 at 11:44 AM
Hi Marcus, this guy is so right, it doesn't shock me, it's only the truth, and i think he is quite courageous to say that on TV.
Now, i am ready to take action, thanks to "mytradingclub", but shall we do with the money that is already in bank accounts ? Should we open bank accounts in Switzerland ??
All the best
Posted by: Sonia | October 03, 2011 at 01:40 PM
People are only out for themselves, whether it be for a job, food or stock market earnings. It also is scary to see how much influence someone has on millions of people and he doesn't even have that much credibility. People just listen and do. Pathetic. Learn the basics of the stock market to get ahead.
Posted by: Tim Bracker | October 08, 2011 at 04:40 PM
Very timid gentleman, infact sooo timid I would not venture to ask him for advice. Furthermore, make money from a downwards market just sounded as a repetition from a course he followed recently, so he scared the lady, but that was not a feat ;-)
Posted by: Robert | October 17, 2011 at 11:58 AM