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Re: NUNS OF THE NFA - Warning to new traders



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My sources tell me that trader J is from Iowa and  writes systems faster
than you say
Trade Station. Care to guess?
-----Original Message-----
From: Peter2150@xxxxxxx <Peter2150@xxxxxxx>
To: Omega-list@xxxxxxxxxx <Omega-list@xxxxxxxxxx>
Date: Monday, August 03, 1998 5:41 AM
Subject: Re: NUNS OF THE NFA - Warning to new traders


>In a message dated 98-08-03 01:37:32 EDT, njh@xxxxxxxxx writes:
>
>> With your love of freedom and disdain for responsibilities, why don't you
>>  tell us your real name instead of hiding behind some cute alias. It's
like
>>  you are afraid of people knowing who you are and what you are peddling.
>
>
>I agree with Trader J's concept about regulation.  Of course I wonder how
he'd
>feel if a magazine, like TASC or Futures, decided not to take his
advertising,
>and there were no regulations he could appeal to.  He might sing a
different
>tune then.  Neil I also asked him privately who he was and what he was
selling
>and got no response.  Sort of confrims in my mind he is one of the vendors
it
>would be wise not to do business with.
>
>Bottom line of course is NFA is no protection agains the con artists
anyway.
>My strongest advice to new traders, is if a vendor won't let you demo the
>product to se e if it is of value to you, and the cost is above the
threshold
>of what you consider throw away,  simply don't buy it.   It won't be worth
the
>money!!!!!!
>
>                                Pete
>