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Friday, October 7, 2022
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MAN SAYS ONLINE GURUS OFFERING “INVESTMENT COURSES” ARE ALL SCUM/SCAM

Instagram ‘traders’ who sell ‘ investment courses’ are the scum of the Earth.

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Seriously. These people don’t even make money from trading options, they make money by selling courses and the occasional photoshop screenshot. I’m talking about people like A Investments.

Complete scams and snake oil salesmen. They sell a ‘dream’ by posting pictures of luxury items, exotic cars and travelling that they achieved by trading options when really they achieved that by suckering hundreds if not thousands of people or more.

If these guys could consistently net money from day trading options, they would have their own hedge fund or manage 9-10 figure portfolios instead of selling discord group chats or investment courses for $9.99.

The classic idea of not making money by digging for gold but by selling the shovel to the gold digger.

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It’s disgusting – it’s one thing wanting to educate people on responsible finance and investing – it’s another thing teaching people who have ZERO knowledge of financial markets about bull like technical analysis and day trading options.

I’m a firm believer that if you aren’t the type that knows how to conduct your own research outside of your confirmation bias and self-educate at the minimum, you are going to lose money trading options.

All of it. These guys are just setting people up to lose money. I’m blown away these people don’t get knocked out of business with lawsuits. Is it really as simple as just saying “not financial advice”?

So, what are your takes on these new Instagram/YouTube ‘investors’? There are very few guys I think are actually good – such as MeetKevin and he doesn’t even really do anything other than voice his opinion on the markets and news for the day.

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