unless your names Elon Musk then you just buy a social media platform for a ridiculous amount of money
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Oh yeah, i've already mentioned they claim to have a VIP subscription service for a monthly fee. Not sure who pays though when they seem happy to release stuff for free (albeit likely delayed), though it's the FX market so it's not like a pump/dump scheme is making much impact in a group like this in the way it would on small penny stocks.
dlockers
D
dlockers
The first message I got going to their website is how they are not covered by MIFID 2 and to go to their other website if you want the FCA compliant version. It can't operate in the USA and is registered to a PO box in Bermuda?
Soldato
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Not recommended in the slightest, but my daughter started following an FX trader on Telegram, so far she's up 300% within about a week. I accept that it's been an abnormal week with some big movements (costing me £1k on a GBP/EUR money transfer i needed to make)
I've decided to give it a punt out of curiosity. I imagine there's a decent chance it's AI based rather than an actual individual, but it's money i'm happy to lose if it comes to it. I recall someone else posting about something similar so would be curious how they got on long term.
Not really sure what the guy gets out of it (unless it is AI based) other than potential sign up referral bonuses for the trading platform (Iron FX)
What do you mean follow
1) He posts trades he is doing and you simply copy it yourself
2) Copy function like exists on etorro where the broker/website copies his trade for you.
3) You give money to said trader and he does it for you
#1 and 2 are basically probability. When you have many people trading, a few will perform well based on pure probability. They become popular and get followed.
#3 is a scam
It plummeting to zero and being unable to withdraw your money is generally how these scams work. Telegram is full of scams and a supposed '300% return' (usually a lie) in one week from a random person on Telegram that you know nothing about is very fishy.
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Soldato
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Its not a profit till its sold, in cash in your pocket just a good general rule.
NVDA continues to appear parabolic, does that mean it has to reset. I dont have it only via a tech fund and I sold a lot of that by necessity. Either way I would like to live in that reality where AI really is this successful, essential and correctly valued as a future economic phenomenon
You coulda bought Palantir where AI seems to be that successful , up about 40% since earnings
Earnings call on the 21st
They gotta keep hitting growth targets, as soon as they miss one there will be a huge sell off.
2026 needs to show some huge numbers
All the Growth is already priced in for now.
I'd not bet against them yet, but in 2025 they might start downplaying earnings forecasts etc
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I'm going to dump some funds into Vanguard's VWRP but I'm looking to not put my eggs all into that basket. I see Vanguard do VHYL and VHYG, but I'm struggling to tell what the difference is between these two. Is one an accumulator and the other not again? If so I can't see where it states that. The only difference I see is in the ETP Basics list 'Securities Lending' is yes on one and no on the other.
Anyone who knows what they're looking at happen to know the difference?
Anyone who knows what they're looking at happen to know the difference?
Putting everything into VWRP is the complete opposite to putting all your eggs in one basket. It’s literally buying the world in one fund.
VWRP isn’t a single basket. It’s one of the most diverse funds there is. It’s a very common one used by people following FIRE. Ones that accumulate will automatically reinvest dividends by buying more of the underlying assets. Ones that distribute will put the dividends in your account. Usually you would go for a distributing one if you aren’t in tax free wrapper like an ISA, pension etc. This is to help with dividend tax declarations. Accumulating ones won’t show the dividends so you will have issues making the right declarations. However in a tax efficient account that doesn’t matter and will save you effort reinvesting the dividends.
VWRP isn't just one basket, it's the whole supermarket.
by putting funds in to VHYL/VHYG your just concertrating on more on high dividends yields.
VHYG is the accumulator
VHYL is the income one.
If anything, look at splitting from Developed World WHVG and Emerging Markets VFEG, both lised are accumulators
Associate
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- Warwickshire
Not recommended in the slightest, but my daughter started following an FX trader on Telegram, so far she's up 300% within about a week. I accept that it's been an abnormal week with some big movements (costing me £1k on a GBP/EUR money transfer i needed to make
I've decided to give it a punt out of curiosity. I imagine there's a decent chance it's AI based rather than an actual individual, but it's money i'm happy to lose if it comes to it. I recall someone else posting about something similar so would be curious how they got on long term.
Not really sure what the guy gets out of it (unless it is AI based) other than potential sign up referral bonuses for the trading platform (Iron FX)
It's a total scam and if she is really up 300%, she has majorly lucked out so beg her to cash out now & 'win'
You coulda bought Palantir where AI seems to be that successful , up about 40% since earnings
Earnings call on the 21st
They gotta keep hitting growth targets, as soon as they miss one there will be a huge sell off.
2026 needs to show some huge numbers
All the Growth is already priced in for now.
I'd not bet against them yet, but in 2025 they might start downplaying earnings forecasts etc
Saw a video earlier today about Nvidia basically bankrolling their own revenue increases, https://twitter.com/jg_nuke/status/1755010726773600752?s=46 what do you think, not illegal but going to come to a head eventually?
Round tripping is common for large companies.. the larger the company the more it's likely to happen.
Nvidia is funding/buying shares of company, that company needs to buy Nvidia chips to carry out their work.. therefore some of the cash nvidia is giving the company is going back to them.
The question is how much cash is getting moved, and if that company is a real company or just a shell company.
No doubt unless it goes arse over elbow we'll never know. Some analysts saying they've still got another hundred or so dollars to go in share price too, crazy amounts of money.
They have a product people want though.
Didn't they even make a watered down version specific for china to get around US Sanctions
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Yea that wasn't too long ago, the price of their upper range boards are eye watering too, plenty of range for profit I'd say.