How To Spot A Con Man

Here's another pure Kool Aid seller, one of the leading signal providers in binary options Signals365. This company markets itself as the only signal provider with a verifiable track record.

ME: Hi,

I am considering signing up to your service.

1. Could I view your trade record prior to signing up? If so, then how?

2. Is your average win rate based on having to take every single posted trade?

Thanks

SIGNALS365:

Hi,

Unfortunately we don't offer free trial.

Me:

I don’t want a free trial, I don’t understand why do I have to pay a monthly fee upfront before I can view track record and get an answer to a question that isn’t in your FAQs.

...

Silence...

;)
 
just as a joke maybe he is a drug dealer making tons of money and is claiming he is making it trading. a way to white wash all the drug money. Now I am not serious on this but something is just not making sense with this guy. he just does not come off as a trader. I certainly would not hitch my wagon to his trading ability. fancy cars are not proof of profits. where does he prove he owns the car. maybe he borrowed it from a friend who works in a used car lot. or maybe he works in used car lot and had the pictures taken of the fancy car. or maybe he works for an auto repossession agency and he just repossed the car and took the picture with his telephone to prove he had found it.

I am very skeptical of this junk. it just does not ring true.

successful traders do not have to buy expensive cars to lift their ego to feel better about themselves.
 
Chewy said:
just as a joke maybe he is a drug dealer making tons of money and is claiming he is making it trading. a way to white wash all the drug money. Now I am not serious on this but something is just not making sense with this guy. he just does not come off as a trader. I certainly would not hitch my wagon to his trading ability. fancy cars are not proof of profits. where does he prove he owns the car. maybe he borrowed it from a friend who works in a used car lot. or maybe he works in used car lot and had the pictures taken of the fancy car. or maybe he works for an auto repossession agency and he just repossed the car and took the picture with his telephone to prove he had found it.

I am very skeptical of this junk. it just does not ring true.

successful traders do not have to buy expensive cars to lift their ego to feel better about themselves.
More...

"Revealed: The 21-year-old City trader who laughed off crashing his Lamborghini and Bentley worth a total of £450,000 saying 'life goes on'"
 
An obvious scam is the one in which someone working within the financial industry attempts to build a credible online persona via fake trades.
 
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