Big Mike is no Hillary Clinton but …

(Nor is he Bill Clinton …)

But … he has quite a bit in common with her (or her husband).

Big Mike (Michael Boulter in real life currently hiding in Ecuador while pretending to be in Chicago, IL) is the founder of futures.io (previously Big Mike Trading forum), a questionable vendor enterprise under the cover of a trading forum. That’s in lieu of introduction for those new to our favorite douchebag and BS artist in the trading marketplace.

You will find more about him and his dubious trading forum in this category.

Unfortunately, what Big Mike and Hillary have in common makes her unpopular and untrustworthy with the American public.

How this affects his popularity is not easy to tell, but we believe it affects it negatively among the more intelligent, more educated Internet crowd and among those with higher professional or ethical standards.

Hillary is pretty lucky that her major opponent’s campaign strategy seems to try and offend as many people as possible in order to appeal to his base that apparently craves this type of shtick. He is the ultimate bad boy version of reality TV. They love this vacuous alpha male because he makes things so simple (easy to do if you are often clueless about them) and projects the image of a strong leader. Putin is using this shtick in Russia and Trump believes it’s working neglecting the fact that this has also made Russia a pariah among the democratic nations whose citizens still enjoy more (and greater) freedoms than poor Russians. And, let’s face it, Putin sounds like an intellectual compared to Trump and his macho image does not strike us as phony for the man is in very good shape and seems to be taking care of his body.

Let’s hope America does not lose its status in the world, if the Donald wins. But if Trump were more “presidential” or if she were running against a more conventional opponent, it is unlikely Hillary would be doing as well as she is.

Let us name just two things that contribute to Hillary’s unpopularity. In the context of Big Mike, we have mentioned them on this blog before.

One is not drawing a clear line between her charitable activity via her (and her husband’s) foundation and getting rich in the process using the same channels as for the charitable work. That has resulted in a round of  criticism after the recent Wikileaks disclosures (see the tweet below with a link to the Wall Street Journal where this issue is discussed).

If you want to know how Big Mike is mixing his charity events with business see this post.

See also the video below by The Young Turks, a popular liberal YouTube channel, which is devastating to Clintons. Yes, it’s a liberal channel, even very liberal.

Hillary supporters like to counter that Trump’s charitable foundation is not better. That may be true or not, but this does not excuse your candidate. Moreover, since Hillary is a lawyer, one should expect her to have a bit more respect for the law than the guy who comes across as a con man. And you expect to trust a public servant more than a businessman, because the former is paid by your tax money.

Speaking of con men (or con women) and similar specimens, they routinely abuse charities to enrich themselves directly or indirectly. There are many such specimens in the trading marketplace. Big Mike, however blatantly abusive  or “innovative” in this regard, is not a trailblazer. This has been going on for many years and it is no exaggeration to say that there is a plague of dubious charitable activities out there. We strongly advise that you take a contrarian view of anyone who tries to bamboozle you with his or her charitable activity in order to sell you something.

We may dedicate a special article to this very issue of “charity marketing” in future.  We have alluded to it in the previous article too.

And then there is the issue of paranoia and conspiracy which got her into serious trouble culminating in an FBI investigation related to the infamous private email server that was not exactly a kosher one. You expect someone in her position, then as Secretary of State, to have more appreciation for the national security, yet using an unauthorized server was a very dumb thing to do because of security issues this entails. If that were not enough, quite a number of emails from the server are missing having been deleted by her lawyers and we don’t know what they contain and what risk they may pose to the nation’s security.

This investigation remains open a week before the election day (at the time of this writing), having been just revisited, and projects negatively on both her image and her chances to win decidedly to claim a strong mandate. She may still win the electoral vote (and the election), but Trump may win the popularity contest claiming the majority of votes and making her presidency look weak, hence more vulnerable to attacks from the opposition.

Big Mike’s paranoia and penchant for conspiracy are totally off the charts.

This is the guy who can ban you from his “forum” for virtually anything, and even expunge your posts afterwards. This happened to one of our Twitter followers, David Cohen, and we know of at least one more person who experienced the same treatment. Big Mike even banned Roger Felton for what the latter had said about his trading “expertise” in a private email to a third party!  He can monitor your private messages on the forum, blatantly violating your privacy.

The guy’s paranoia is worse than Nixon’s!

He is a vendor who hides being one (and can ban you if you suggest he disclose that!), which coupled with the fact that he orchestrates hit jobs against his competitors (other vendors) is more than just a conspiracy. It is a criminal one.

Some people may believe that our “fascination” (for lack of better word) with Big Mike and our strong criticism of his sleazy, manipulative, fraudulent business is due to some personal reasons.

No, it’s not, and we will address this issue in a more extensive manner in one of our future articles.

It’s very much of the same kind as the American public distrust and criticism of Clintons that has a pretty long history.

Barack Obama is leaving his two terms without any personal scandal (at least we cannot think of one). Bill Clinton, while presiding over a booming economy, left behind a trail of sleaze that made him look pretty bad and his presidency pretty tarnished. And he seemed not to care one bit till the very end, as evidenced by his extremely controversial decision of pardoning Marc Rich that even Jimmy Carter found offensive (see this post which also shows that we do not talk only about Big Mike here).

Our issue with Big Mike is precisely of the same kind. Nothing else, nothing more. His is the most sleazy, manipulative, fraudulent vendor business we know of and since it’s also pretty influential, we focus on it more than on some small, usually ephemeral, vendor fish. Just as you would focus more on what a US president is doing rather than what a Joe Schmoe may be doing.

Finally, let us add that we are not partisans.

We are very much politically independent and our view of the 2016 presidential election is best expressed by the image in the tweet below (see also here). Unfortunately, that’s also a view of many people out there, including some of our Twitter followers (see this blog post or this tweet, for instance).

We don’t think that Trump is better, but in light of Clintons’ corruption he can hardly be considered worse in terms of trustworthiness, at least to his supporters for whom his habitual lying does not seem to be much of a problem. Moreover, Trump represents the mythical change in Washington, that distant cousin of pink unicorns, that Barack Obama promised and did not deliver, while Hillary Clinton is a status quo candidate. It’s unlikely that Trump will do better than Obama if elected, and may even turn out to be a spectacular failure, but many Americans think he should be given a chance. And that’s only fair.

But we still hope he will not win. Because we really want America to be greater than Russia. It already is, but with Trump in the office, this can’t be taken for granted. It would be painful to watch Putin kicking Trump’s ass in Twitter wars.

What’s worse Putin may do this without firing a single tweet, by simply totally ignoring Trump’s tweets causing the Donald to self-destruct!

Of course, now with Big Mike living in Ecuador, America may no longer be considered greater than Ecuador, but we just have to accept it.

Disclaimer. This post should not be viewed as an endorsement of any US presidential candidate, but it may be viewed as a comment on the US presidential elections this time around. We suggest that you vote your conscience.

The Big Mike Trading Forum mentioned or discussed here is now futuresio or futures.io. But it is still the same sham as before for the reasons mentioned here and in other posts on this blog. Read more about it in the first article dedicated specifically to Michael Boulter’s latest fraudulent reinvention.

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Timothy Sykes versus Michael Boulter of futures.io – and a question to make you enlightened in a jiffy

We don’t know much about Timothy Sykes, because we just don’t happen to be his biggest fans, but we have done our research and it does appear that he is a very successful trader who trades penny stocks.

Penny stocks are not exactly the best trading instrument, usually and perhaps for good reasons dismissed as only for suckers. They can be quite risky, but then again trading futures or currencies can be very risky too, perhaps even more so if you consider the leverage involved.

Not only does Timothy Sykes appear to be a successful trader who made his first million in stocks while still being a college kid starting with about 10 grand, but he has been able to parlay this success into an educational business venture of some renown.

He also claims that 4 (as of 2015) out of the thousands of his students have made a million dollars or more using his trading methods. Each of them,  not combined, to be precise.

We estimate that he has had fewer than 10,000 students so far, perhaps even fewer than 5,000.

While he may be lying about it, he is most likely not, and for the purpose of this article, which is only trying to make some point, we assume he is telling the truth. We have not verified this assumption, but it does not seem to be particularly outlandish.

Out of thousands of people, some are bound to become extraordinarily successful unless they use poor trading methods, but that’s not the case here (see the next paragraph). This is to be expected if only due to the effect of fluctuations in a large sample; it would be stranger if no one repeated his success. Of course, that does not imply that most of his students will be so successful and it is probably fair to say that the majority of them are not successful at all. In fact, most people never succeed at anything enough to become wealthy.

Here’s a review of Timothy Sykes’ trading system by one of his former critics who has found his system helpful and has done very well using it.

Timothy Sykes seems to be a generous man who often gives to charities or gives money to those in need. While we are not particularly impressed by those who brag about being generous and even less so if they use that for marketing purposes,  we note it for the sake of making a point in what follows. But, to be fair, he seems to be making a real difference in the lives of other people and not merely excelling at “charity marketing” that has become quite popular among trading BS artists, and which we find pretty offensive.

Timothy Sykes’ marketing methods, his appeals to expensive fancy cars, in particular, are not much to our liking, if only because they have the bad reputation of being associated with get-quick-rich schemes. However, there is nothing fraudulent about it if you actually own one of such cars thanks to your trading profits, and it is only fair to say that is the case with Timothy Sykes.

You can learn more about Timothy Sykes from this video showing his interview with Larry King, a popular US media personality, where he mentions his 4 millionaires.

Big Mike (Michael Boulter in real life currently hiding in Ecuador while pretending to be in Chicago, IL) is the founder of futures.io (previously Big Mike Trading forum), which pretends to be a trading forum, while actually is a mafia type of vendor enterprise.

Unlike Timothy Sykes, Michael Boulter is a pitiful trading loser who blew two of his trading accounts. His charity “work” is very questionable as it often boils down to mooching money off of his forum members  to fund his pet projects. Yet he likes to brag about it and uses it for marketing purposes too, just like Timothy Sykes, except that he has very little to show for it just as he has nothing to show for being a trader.

Big Mike claims that his forum has over 85,000 members, tens of thousands  more than Timothy Sykes has had students so far. He also claims it to be the best trading community on the planet. We kid you not (see our previous posts)!

Michael Boulter, in our opinion, is the most transparent fraud with a considerable following in the trading marketplace, which makes him rather dangerous, and not only because he is a vendor who peddles silly indicators often of dubious origin or value. That actually pales in comparison to being accused of extortion (see our previous posts)!

Timothy Sykes, on the other hand, may actually have something to offer: he sells his own work and not some garbage indicators you can have for free. Oddly enough, it is he who seems to have more detractors online.

Big Mike is sometimes even mentioned as a positive figure who has helped some, though we believe he has mostly helped them get hooked on trading hoping not to go down as the last moron who has blown two trading accounts.

The only site that consistently and systematically exposes him as a fraud is this blog – yet we may sometimes be suspected of having ulterior motives for doing so,  the issue we plan to address extensively in a separate article.

Here comes a question, the main point of this article:

where are Big Mike’s millionaires?!

The millionaires he created, that is. The answer is: they don’t exist. Simple as that.

You cannot create millionaires, let alone successful traders at all, if you are a stinking loser and your site focuses on peddling garbage indicators and attacking your competitors (vendors) or brokers who refuse to kiss your ass via hit jobs masquerading as reviews.

That’s a very negative business model, reflective of self-destructive tendencies, so no wonder that the safest place for it is Ecuador plus Panama (one country is apparently not enough), but not the good old USA. Timothy Sykes, for comparison, lives in the US, in Miami and Beverly Hills (or claimed to live there in 2015), not exactly bad places to live or work in.

Yes, Big Mike is a total fraud. Timothy Sykes may have something to offer, but it is ultimately up to you to decide if that is the case or if it fits your trading style.

Because of his program popularity, the odds you will become another of his millionaire traders are now (probably much) smaller than before, and they never were that good, anyway, but that does not negate the fact that some of his students have become millionaires. We suspect that he is now making most of his living through the marketing of his trading methods, but that still does not change the main point of our article.

We have not done any business with Timothy Sykes nor do we plan to. In particular, we are not his affiliates. Do not mistake this article for “an infomercial” for his business, but do not fall for everything his detractors say either. There are people out there trying to make a career (and money) out of bashing successful folks, Michael Boulter’s “forum” being the sleaziest player in this dubious business. Some of these people are either stupid or outright frauds, though some may just have wrong ideas about trading. We make no money off of our blog nor do we intend to.

Disclaimer. We do not endorse or recommend any trading vendor or educator that we may mention here favorably. We primarily do this for the sake of comparison or making a point or we may use them as an example of what we find positive in the trading marketplace. That does not constitute an endorsement or recommendation and you should always do your due diligence before doing business with any of them.

The Big Mike Trading Forum mentioned or discussed here is now futuresio or futures.io. But it is still the same sham as before for the reasons mentioned here and in other posts on this blog. Read more about it in the first article dedicated specifically to Michael Boulter’s latest fraudulent reinvention.