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Let’s separate the near-market and info-gypsy

First of all, let us define what a “near-market” is. In this topic, the near-market will mean any paid (!) Activity related to the financial market, except for trading on our own funds and the provision of services for its implementation (organized trading, brokerage services, depository accounting, etc.).

Is the okolomarket so bad? Not at all. Why?

The first and foremost thing that anyone who brings money to the financial market should understand: any trading in this market, other than buying index funds, is a profession. And, accordingly, in order to achieve success, this profession must at least be mastered. And this takes time and desire. This time.

Two. What’s wrong with the fact that a person who decides to become a professional seeks to increase the scale of the tasks to be solved, using all possible and legal means for this? Nothing. Moreover, the opposite is true: there is no such aspiration – there is no professional growth. So it was, is and will be in any profession.

What is scale in the financial market? No matter how commercialism is condemned, but in our area the scale is the amount of money in his account, which a professional trades. Moreover, it is absolutely not necessary that the source of increasing these funds should be only% of the profitability of trade. And where to get other sources for a professional only in the field of trade? Whatever one may say, but only from the near-market in the definition that we gave above.

Moreover, even learning from a person who does not trade himself is not something to be judged a priori. Why? Because pedagogy is also a profession and a good theoretical teacher, as a rule, gives students more than a brilliant practitioner, but a bad teacher.

But why is there a negative to the near-market, including partly from my side? I thought about it and came to the conclusion: the blame is the info-gypsy that flourishes in this area. What makes it different?

The simplest examples. A professional in our field is well aware of the relationship between profitability and risk. And this is the alpha and omega of trade, both the first, not the first one, the second – the tenth. This is in our field, and a professional in the same pedagogy knows very well that not all of his students will become professionals, moreover, a minority of students will become them.

What does info-gypsy do?

1. In promoting his services he speaks only of profits, and either hides the risks altogether, or puts them in “tenth place”.

2. An ostentatious demonstration of “success”. It can be different. Let’s list the main ones:

– demonstration of fascinating figures of profitability;
– concealment of losses;
– expensive accessories, such as a car, an office, an apartment, expensive watches, costumes and recreation at the seaside (often imaginary).

3. Gives unrealistic promises, like “I guarantee 100% per year!” or “You will become a successful trader!”

As you can see, the “info-gypsy” in promoting its near-market clearly uses the denial of what any professional knows. He does this being in error, because he is not a professional himself, or he makes a deliberate lie – this is an individual question for each individual case. But in any case, both the first and the second clearly indicate that it is better to refuse the services of the “info-gypsy”.

But here’s the problem. The latter is “obvious” only for a professional, and this is not a potential client of an “info-gypsy” in our area.

And what’s in the “bottom line”? And let’s do what is in the title: do not mix “in one heap” completely normal and legal cases with “info-gypsy” and criminality.

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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