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How do they do it

rafhelp
Posts: 365 Forumite


I have several calls from brokers and traders from companies usually based out the UK.
I have signed up for seminars and free software in the past like year or more ago. So they have my contact details.
I decided months ago I wasnt going to trade after finding it not suitable for me.
But some of these guys have a way of persuading you to deposit money.
I dont know how they do it. cos i look back and think i should have just said no.
Is it because maybe I want to believe whatever they are promising, or is it because they are good pushy salesmen. In fact I would not call this strategy a good method, it may be effective but not good.
Like say if you stopped drinking alcohol and your friends ring you every week asking you to go to the pub for a drink, you will keep saying no but one of your friends might be really pushy, intimidating, like he knows how to get to you, waht buttons to push to actually make you want to go and drink for some reason. In a way its actually making you do something you actually dont want to by using some form of mental blackmail or temptation....like go on you know you really want to....dont waoory one drink wont hurt...il even pay for it.... but once you go and drink one beer, it'll be easier to get you to drink more, then theyll say oh we have no money left can you pay for it, then they will hold you free drinks against. you. so next time they try to get you to go for a drink they will use the "but you owe us money" so you have to go.
I have signed up for seminars and free software in the past like year or more ago. So they have my contact details.
I decided months ago I wasnt going to trade after finding it not suitable for me.
But some of these guys have a way of persuading you to deposit money.
I dont know how they do it. cos i look back and think i should have just said no.
Is it because maybe I want to believe whatever they are promising, or is it because they are good pushy salesmen. In fact I would not call this strategy a good method, it may be effective but not good.
Like say if you stopped drinking alcohol and your friends ring you every week asking you to go to the pub for a drink, you will keep saying no but one of your friends might be really pushy, intimidating, like he knows how to get to you, waht buttons to push to actually make you want to go and drink for some reason. In a way its actually making you do something you actually dont want to by using some form of mental blackmail or temptation....like go on you know you really want to....dont waoory one drink wont hurt...il even pay for it.... but once you go and drink one beer, it'll be easier to get you to drink more, then theyll say oh we have no money left can you pay for it, then they will hold you free drinks against. you. so next time they try to get you to go for a drink they will use the "but you owe us money" so you have to go.
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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Comments
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It's not rude to hang up on an unwanted caller.
Just hang up, don't listen to the spiel.0 -
But some of these guys have a way of persuading you to deposit money.
Where did you deposit the money? Any chance at all that you can get it back?
As for how they do it, I guess it's their job to understand you, find your weak spots, and exploit them. You can nip all of this in the bud by simply hanging up.
Or, if you've got the time, get them to hang up on you. It's not easy but it's very rewarding when you manage it.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Before 'caller display'. I received a number of calls of this nature. I'm afraid I didn't hesitate in bringing the call to an end. These guys are very slick with their promises, but in my estimation are nothing more than con-artists (at least those I've dealt with). I guess there's a lot of truth in the saying that 'if it sounds too good to be true, then it generally is'.0
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Like say if you stopped drinking alcohol and your friends ring you every week asking you to go to the pub for a drink
They aren't friends if they keep inviting you for drinks despite knowing you have stopped drinking.
In the same way that the salesfolk trying to part you with your money don't have any of your interest in mind.
Just say no. You will be a better person for it.0 -
OP - I represent a long-lost relative of yours who has a substantial sum of money ($36m) they wish to bequeath to you. In order to release the funds you are required to deposit an advance administration fee - if I provide you with details of my Western Union account in Lagos will you arrange for the requisite fee to be wired over at your earliest convenience?0
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Just watch the Wolf of Wall Street movie....0
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im sure its just ploys used by companies to sucker people who dont jave knowledge of trading to get money off them and make money off them.
Im sure trading itself requries a degree level course to get to know how it works and learn the trade.
So when people offer software that can give you winning signals all the time is bs. Ive not seen anyone leave a good genuine comment on these "bots"Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
im sure its just ploys used by companies to sucker people who dont jave knowledge of trading to get money off them and make money off them.
Im sure trading itself requries a degree level course to get to know how it works and learn the trade.
So when people offer software that can give you winning signals all the time is bs. Ive not seen anyone leave a good genuine comment on these "bots"
What degree do you get in trading?0 -
i was just called a waste of time by the account manager off that site. Thats after theyve made me no money what so ever after 3 weeks, so whos really the waste of time.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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