I was fortunate enough to have a great conversation with a professional, licensed broker friend the other day. He probably thinks of me the same way you guys do, but regardless it was a great time!

While he does broker on the side (doing trades his clients suggests), he’s mostly an Investment Adviser (which includes making the trades for them, except he doesn’t make them on client suggestion, rather his own predictions).

He said, his most successful technique is a cold call with a unique follow up method. He closes the call asking for a small commitment - their email address. Over the next three days, he then blasts out an email containing his predictions (usually day trades or forecasts). He says from that point, usually about 90% of receivers end up choosing him (he points out conservative trades that anyone, including me could probably predict).

Was just curious if this is a common trade in the industry? Or is this some “revolutionary” new idea? He said he hasn’t had to call for over a year now.

P.S. Read sig before posting