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I Lost Money to a Trading Scam That Preys on Amateur Traders

4 pointsby monsieurpngover 4 years ago

3 comments

akerl_over 4 years ago
&gt; I took some money out of my savings and did some reading about pump and dump success stories to help build my confidence...<p>How did that reading not include noticing that “pump and dumps” are designed explicitly to prey on people via market manipulation? The whole premise is that the people you convince to push the price up have to be bag holders so that the sellers can get off the ride at the top.
评论 #26232893 未加载
techbioover 4 years ago
&gt; &#x27;The premise was a classic “pump and dump”. Fans of The Wolf of Wall Street will be familiar&#x27;<p>I only saw the movie trailer and an interview with dude after he&#x27;d served a federal prison term, but...I do have this beautiful bridge you might wanna get on before it&#x27;s gone?
gbronnerover 4 years ago
Rather cheap life lesson... Hopefully he made it all back on the magazine story.