How to avoid being scam by the 3rd party educational vendors

One way to avoid being scammed is to not buy anything or believe anything that this wrbtrader/Mark aka NihabaSushi is selling or has to say. What a poser.
 
Quote from Trader13:

So I would judge these vendors by what they claim to teach you. If they represent their curriculum as the basic building blocks of trading, that's a fair bargain. On the other hand, if they promise to provide you a trading edge, that's a red flag they are overpromising and will disappoint.

Well trader13 that's what I do.

I don't make any outrageous claims- I just show some of my statements to show I am a good trader myself, so I am qualified to teach you a strong foundation that took me years to learn myself the hard way.

I make no 100% guarantees that anyone taking my lessons will make millions overnight like many of the other vendors..

If I spammed emails, websites etc with no shame like everyone else I would probably have 10x the number of students :D
 
To those who claim to teach an edge and have the trading history to back it up, I salute you for being in a very small minority. I have evaluated many trading vendors over the past 15 years and I have not found one I would consider an edge provider. But of course, I haven't met everyone, so my experience is just over a sample of all the vendors out there.

Of course, I did not define what metrics really constitute an edge, e.g. avg win/loss ratio, percentage winners, consecutive losers, and my expectation that successful traders should attain great financial wealth as a result of their trading prowess. But rather than dive into those details as a challenge to compare any particular ET member against, I will let your postings stand as you represent yourselves with conviction, and let my general statement stand as my direct experience.
 
Quote from BlackBison:

...I make no 100% guarantees that anyone taking my lessons will make millions overnight like many of the other vendors..

If I spammed emails, websites etc with no shame like everyone else I would probably have 10x the number of students :D

You've actually seen someone or "like many of the other vendors" that promise "millions overnight profits" (you said many) ???

I find that hard to believe. In contrast, I have gotten junk mail from "Nigerian Government Officials" asking for my bank account number and password to transfer millions of dollars to my account to protect their money. :D

I still haven't seen one penny. :p

P.S. BlackBison, I'm just being sarcastic. I think you're one of ET's best sponsors so that we don't have to pay a fee to post messages here.

Mark
 
More signs you are dealing with a scam artist:
1. He does not disclose his real name.
2. He hangs out a lot on trading forums fishing for suckers (of course, some forums are better, the worst is futures.io, formerly the Big Mike Trading forum, a vendor syndicate).
 
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