Make sure you're becoming the person that you want to be. It's not about money - it's about becoming the best version of yourself. The one you like. The one that gives you peace. Fuck trading and anything else that doesn't give you that.
PLEASE READ I've taken all the courses, mentorships, and paid education from many traders in the space. We're talking years, not months. It's not what it's cracked up to be. People are wasting small fortunes on these products that provide little more than hype. Don't be fooled. Don't believe anything. Apply the material in question yourself and then make your own decision - but don't pay for anything.
Student results - Most students will find very short-term success with a program or have a one-off winning trade that will be used to promote a paid product. Very few students create long-term successful trading history that's profitable from paid products. The students are excited and feel like a couple winning trades means they've 'found the answer'.
Screen shots - Everything from student results, account screen shots, trades, testimonials, payments, and anything static can be faked with simple editing programs.
myfxbook - This is touted by many traders to be the standard of 'proof' that they're profitable. It can be manipulated in many ways. A few worth mentioning are... working with a shady broker to alter trading history, trading a demo account and listing it as a funded account, and trading on a demo account with delayed price data so you essentially know what's gonna happen before it happens.
Video testimonials - Sometimes after students purchase a paid product they're asked to create testimonial videos. An excited testimonial video doesn't mean they're profitable in the long-run. Many times that student is never heard from again, and leaves trading altogether. Some testimonials are even purchased from gig workers on websites like fiverr. They'll say whatever's on the script.
Fake accounts - Live accounts can be faked through software. What would show it's a live account can be hidden in editing. It can appear live, but in reality be a demo account.
Payments - Payments from trading accounts and prop firm certificates can be faked. Simple screenshots and video editing software. A step further is using someone else's account access or paying for video or screenshots from a temporarily 'profitable' account.
Live trades - Have you ever heard the saying - 'The trades don't lie'? Actually they do. A dozen losing trades can be recorded before a winning trade is caught and shown on YouTube - this goes for 'calling' trades on Telegram beforehand as well.
Lifestyle - This is the one that we all know. Rented cars, standing in front of expensive homes and taking pictures. Showing 'documents' of ownership. These things are easy to fake.
Everything can be faked.
All the above are tactics used in the industry to get you to spend money.
Some traders resort to these methods to get more money while not being able to trade or understand trading. Other traders, some profitable and some not, feel the pressure to show a lifestyle, money, or trading history that they don't have.
This is the truth of the industry.
The trading information provided here is accurate.
Use this free information to see if forex trading is or is not for you. Either way - you've just saved yourself a shit-ton of time, money, and one hell of an emotional roller coaster ride.
If it IS for you - then you've found a new skill you can work on.
If it's NOT for you - don't go looking around for paid material that promises it will be. It won't. If you cannot become profitable after studying this channel - I'm confident in saying you need to move on with your life and career and leave trading behind. Don't waste anymore time. The 'dream' of trading can become an addiction. It's not healthy for you or anyone around you.
It's also worth noting that no-one has come up with a 'new system'. Every system is based on the same few principles - confluence, a key area, and validation. Any 'new system' is a twist or take on these. You'll become familiar with these in the provided course material.
I've ran 2 trading groups, sold multiple courses, held many live trainings and spent about 2 years on YouTube. I know the industry well. I am not involved in the trading community anymore except through these videos.
I think that paid products and the industry itself - mentors, teachers, course creators, myself included - hurt more people than help. Someone needs to say - stand up and leave. Find something else that can provide a more predictable income. My personal determination is that trading is simply too difficult and emotionally consuming to replace a 9-5. There's many other things that are easier.
