I'm thinking there is more here than meets the eye
You've made an excellent point, Pharoah. When it's decided to follow a scam while delusional, nobody talks somebody out of it.
While I don't think it is the case in this instance it is all too common for people to be suckerred so it isn't that I don't sympathize with the situation. It is precisely because of this danger I am pointing out some things here.
My thinking is that this is actually a bit of bait for later hook. There is a very curious set of intricate details given for someone who is making an urgent call for help (and just by chance has only 1 post to date - this one).
You find every aspect here of the typical sales page.
Let's just check over some of them.
Well, maybe...
Very detailed listing of an irrelevant (to this story) broker:
Gain Capital / Forex.com account.
(Yet it adds credibility to the scam angle due to the broker's reputation
and the story doesn't have a reason for being here without the scam angle).
Details of the offer:
signals for 30 days practice/demo trial
Sample Earnings:
$50,000 X 27% return on investment in 1 month
Testimonial:
convinced the guy is a forex genius. I have tried to reason with him, but he keeps
Call to Action:
telling me to "just try it yourself in the practice period and you will convinced also."
Second set of details of the offer - Here's how it all works:
He gets 1 signal emailed to him at exactly 9:53am for him to place at exactly 9:55am and 1 signal at exactly 6:52pm for him to place at exactly 6:55pm. The stop loss is $1,500 and the upside is $3000. He makes only 2 trades per day and 1 on Friday.
Takeaway Psych trigger (we want what we can't have):
Does anyone have anything I can say that will convince him to pull his money out and run for the hills?
(Well, gee whiz, fella, with those earnings, maybe I wouldn't want to stop either.)
Validity basis cloaked in scam language:
The guy is totalling lying to him saying that he has a "patent" on his mathematical algorithm
The typical 'so unbelievable it has to be true' trick:
(if you had a system that worked you would never patent it as it would make it public information). Plus the guy works security during the day...why would someone who has a successful algorithm being working 9-5 as a security guard..
Play on desperation and reiteration of the reverse psycology of the earnings already claimed:
I just can't convince my friend that this is a scam. I would hate to see him lose the $50,000. Its everything he has saved up in the last 5 years.
Call for action on OUR part so the details can be dropped in the requested "Conversation":
Someone please give me some advice.
OK, so everything is NOT a scam and I've said so myself. It certainly doesn't mean there aren't ANY scams. This story is a bit smelly to me. If this is not a sales pitch setup I don't know what is.
Cheers,
Cyclon