Quote from teck:
No the whole point is to fleece you of your money now rather than have to beat you for your deposit and or profits later ,having to change your name and come up with other scam names for useless trading courses they themselves couldnt make money with .
Ok I have been reading this entire thread and I have a few things to say.
One thing I have to say is that most of you guys have this ridiculous belief that if some one is selling something, a course, a book or some information, it's a scam. Or if it worked they would keep it to them self and just use it.
That is the biggest load of B.S. I have ever heard.
I have written 2 books (not on trading) the information works. I like to be paid I like to help others. So I sell my information.
If I made $3,000,000 next year trading, I would absolutely start selling a course on how I did it. Why becuase it gives me pleasure to teach and help others and a sense of accomplishment it's also a huge ego/self-esteem booster and it make you feel like you are giving something back (obviously a concept few of you are familiar with)
It also provides a form of passive income. Yes trading is great but it's still work. No trading no money. You take the day off no pay.
If I can sell products when I am on vacation and when I am sleeping it's a better deal. And then I can come back to trading when I want.
People become teachers for very little financial gain so why do you believe that someone can't be successful and still sell their information. Sure there might be some con men but they are not all that way.
When someone's marketing is not good you call them unprofessional and when it's very good you call them scammers and crooks. Every successful marketer has people that call them crooks.
Because the information did not work for the person who is call the a crook. There are people out their that NOTHING will ever work for it's not the information that is bad it's those people. They are programmed to fail and look to blame others. Until they change that programming they will never succeed in anything.
Trading is not that hard, managing your emotions, and self destructive tenancies that make you fail is the hard part. If you can lose $1000 a day there is no reason why you can't make it your are just on the wrong side of the trade, and once you figure out why you start winning.