@tanya_ghosh15@princesalamwane You're either willfully blind or pretending to be.
Venture outside of your echo-chamber for 2 seconds and do a search on here, or google, or anywhere else for "men playing video games."
The sentiment has nothing to do with housework.
@okaygoprem@KEVlN___@TakeProfitLLC Bingo. Michael Malice hit on this back in the lockdown days:
"When low-status people are given an excuse to assert dominance over other people [...] they will champ at the bit to tell you to sit down, shut up, and obey."
https://t.co/JviNobOQJD
@AnnMarieBell369@flank2@MaroonDawg_ Holy crap is it even physically possible for you to make a single post without promoting yourself and name-dropping your BS? Jeez you're insufferable
@SHADOWDRIFTER2@allan_moves@WeForOurNature No, it's a staged compilation for clicks.
Literally everyone shown is in on the gag. Those are not unsuspecting bus riders. They are actors.
@TraderLe@lanto_trades His latest claim is that he ultimately pocketed $53k.
But that's after eval expenses.
If you count actual trading drawdown, he's still down around -$800,000
https://t.co/ttWnDsTU3j
Guys last time I checked 1500 drawdown multiplied by 800 accounts is 1.2 million.
He made 400k in withdraws. Yes he only spent 300k, so net “positive” 100k, but this is not trading PNL and is my whole point.
People follow him because he’s “profitable”
Math shows he’s down 800k
@theoilgod I don't think they're popular enough for anyone to bother.
& sure, no one is right 100% of the time, but to say it with such brash arrogant conviction, especially when your entire trading history is literally just degen full porting with results no better than a coin flip 🤦♂️
@theoilgod He says it on virtually every stream.
If anyone cared enough, it'd be pretty easy to grab the transcripts from his youtube and clip all the instances.
Would make for a pretty funny compilation, especially if paired with screenshots of his gaffs & blown accounts..
@FPX500 Anything for clicks. You have no idea what you are even talking about. Posting fake info, especially about someone who busts his ass day in and day out, is awful. Lanto is an incredible AND VERY PROFITABLE trader. Jealousy is ugly.
@SarahNK123@xmmiraa@grok Nice cope. It's also technically "abnormal" for American women to NOT be overweight.
That doesn't mean it's the healthy natural order of things.
@conquer3r@InstantCapxx This is a current engagement-bait trend...
Accounts like this just post an outrageous claim about a famous person, and attach a completely unrelated video that has literally nothing to do with the claim.
@JaceClipz Her situation is the reality for a lot more men than women.
Guaranteed if it wasn't happening to her, she wouldn't care that it happens to men all the time.
I had been in Lanto’s Discord from early 2023 until earlier this year. I defended him from naysayers in the group and on X, distilled his content into guides early on, and built the chatbot that new members used. This weekend’s fiasco confirmed conclusively what OGs had been flagging for some time.
Fintwit prop firm influencers are “successful” through survivorship bias and volume, not edge.
Buy enough independent attempts and pure luck eventually produces large winners, even when the underlying approach has little or no positive expected value once net on the portfolio is established. Those big runs are the ones that the public gets to see. The average guy in the audience is running 2, 4, maybe 5 accounts on average while paying discord fees to "learn how to trade"
Recent public examples among many in the fintwit affiliate and influencer space:
@dhesi_trades - 170+ accounts
@thebrianstonk - 240+ accounts
@lanto_trades - 819+ accounts
5-6 in eval or S2F fees on just one firm.
Eventually something hits. The run gets screenshotted and turned into content that's used for the next 10 months of promotions for the group, or pushed in promo videos encouraging use of an affiliate code. The costs typically don't see the light of day. Screenshots get cropped (usually), account numbers are hidden, the actual PNL on the machine is kept private.
The machine:
1. subscription fees, course sales, and affiliate commissions fund more accounts
2. more accounts make a big winner close to inevitable
3. the big runs, sell more subscriptions, courses, and garner more aff code use
Repeat.
The prop firm space is inherently dirty, relies on ponzinomics, and is unfixable; it's by design.
But the affiliate and furu space - that props implicitly encourage - is dirtier.
Fresh cash from courses, subs, and affiliate payouts keeps the account volume flowing so the occasional big payouts can be marketed as a skill taught to their followers.
The trading can lose money, but the machine still wins, because the audience pays for step 2 of the machine.
Now look at what's sold. Courses, discord subs, mentorships, and an implied promise to teach a skill to escape the rat race.
Learn this IFVG. Take this unicorn. Manage your risk. Trade the system. Don't forget to like, subscribe, and use code DUMB.
The average member can't play the volume game and nobody tells them that is in fact their mentor's game.
I left for three reasons: the quality of members in the group declined after the TPT run-up and subsequent repeat promotions leveraging that run, OGs who asked questions were treated poorly, and some kept raising exactly the disclosure issues that surfaced this weekend.
Buy enough attempts.
Hide or minimize the cost.
Market the winners as skill.
Accept money from people who cannot realistically replicate the process.
You can pick whatever word or phrase you want for this machine that is pervasive in this "industry."
Mine is "fraud."