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Author Topic: Trading Mentors = Scammer?  (Read 2665 times)

Offline electronicash

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Re: Trading Mentors = Scammer?
« Reply #45 on: April 09, 2025, 10:16:37 PM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?

You are making a sense because indirectly they are actually what you called them because a lot of them are very deceitful into making younger traders to believe that if they bought their courses they will not loss again when they cannot even consistently execute a successful trade, what most of them normally use to back themselves up if people complain about how faulty their courses are they will tell the person that they don't understand it that's why they could not use it, but I blame those buying it because they have to no what the person has made to be confident on what they're bringing to the market.

can they be all that?

the one that i have tried having a mentor was forex trading but didn't finish the mentoring part since i wanna dive into action already before we could even finish the full course. i end up learning them all myself yet lost my capital because of it. he was actually good but it just me not too keen on learning from him. after he teach me on trading system, i already tried live trading.

time to expose them if they are just as scam. let them show their portfolio and how much was their capital form the start. i guess they have to justify at least.

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Re: Trading Mentors = Scammer?
« Reply #45 on: April 09, 2025, 10:16:37 PM »

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Offline Jating

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Re: Trading Mentors = Scammer?
« Reply #46 on: April 09, 2025, 10:54:09 PM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?

You are making a sense because indirectly they are actually what you called them because a lot of them are very deceitful into making younger traders to believe that if they bought their courses they will not loss again when they cannot even consistently execute a successful trade, what most of them normally use to back themselves up if people complain about how faulty their courses are they will tell the person that they don't understand it that's why they could not use it, but I blame those buying it because they have to no what the person has made to be confident on what they're bringing to the market.
Not all of them, but it could be the majority that's why traders reputation might have been taken a big hit on this one. And if you have to look at it though, I mean old school traders didn't have mentors on their side, they just go and take a big leap of faith on trading and hope that they will be successful someday. If everyone has that kind of mentally, then there will be no trading mentors who's intention is to scam. And come to think of it on the other side, if you are a great trader, it must be better to keep your trading secret to you so that your method or strategy will not saturate the market and you're the only one making that big money with your self developed strategy.
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Re: Trading Mentors = Scammer?
« Reply #46 on: April 09, 2025, 10:54:09 PM »

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Offline sampoerna

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Re: Trading Mentors = Scammer?
« Reply #47 on: April 09, 2025, 11:59:41 PM »
I agree that it depends on the mentor. because sometimes having a mentor is very influential and helpful as long as the mentor is truly trusted and also more flexible in doing it, if he is still quite doubtful, and various other conditions, then no matter what the condition of our market that continues to move and the members who become a hot topic and if we are less efforts, then all the efforts from the mentors will also be in vain.
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Re: Trading Mentors = Scammer?
« Reply #48 on: April 10, 2025, 04:17:00 AM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?
Well not all of them is scammers if you choose a mentor please choose your neighbors your relatives or friends that you can easily called if there is a problem with regards to your trading  woks, don't engaged with people online or to strangers they will surely block you in all social media sites if they get what they want from you, in crypto i think we need to be more wise on choosing people that we can trust because money is everything and anyone can do bad things because of money specially when they are in a badly need of it.
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Re: Trading Mentors = Scammer?
« Reply #49 on: April 10, 2025, 07:38:21 AM »
Well not all of them is scammers if you choose a mentor please choose your neighbors your relatives or friends that you can easily called if there is a problem with regards to your trading  woks, don't engaged with people online or to strangers they will surely block you in all social media sites if they get what they want from you, in crypto i think we need to be more wise on choosing people that we can trust because money is everything and anyone can do bad things because of money specially when they are in a badly need of it.

I would rather not let the people around me know I'm into cryptocurrencies because even your close friends aren't trustworthy these days. As you said, money is everything for everyone these days, and you never know who might deceive you for money. Also, what's the point? If you think you are smart enough to get into a market with so much uncertainty and unpredictability and still be fine, then you should be smart enough to learn everything on your own.

If I think I can't manage my trades or the trading career that I'm about to start, I shouldn't get into it at all. Things that involve finances, especially if it's done on an individual level, should be done by a person themselves so that whether there is profit or loss, it's only that person who knows, there is no shame, nothing to worry about, just keep doing it if you think it's working, or stop if you think it's not for you.
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Re: Trading Mentors = Scammer?
« Reply #50 on: April 10, 2025, 08:19:59 AM »
I agree that it depends on the mentor. because sometimes having a mentor is very influential and helpful as long as the mentor is truly trusted and also more flexible in doing it, if he is still quite doubtful, and various other conditions, then no matter what the condition of our market that continues to move and the members who become a hot topic and if we are less efforts, then all the efforts from the mentors will also be in vain.
Actually, you could express a best opinion in your best opinion. So i am also agree with your prefer comment. I also believe that trading is one of the best risky space in cryptocurrency market. So i think that in this reason an experience mentor is very important issue for crypto trading. Because we know that many crypto currency traders also losses there profit from crypto trading. I think that a wrong mentor or a scammer also can break your hope. So i believe that we should creat own activities to an experts trader.
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Re: Trading Mentors = Scammer?
« Reply #51 on: April 10, 2025, 04:56:01 PM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?
Many mentors are not really profitable in trading. Many of them are former traders and are studying to learn, but because they are having a hard time making money here, they become mentors to make money from students. Since they can teach everything that needs to be taught based on what they have learned even though they have not become profitable traders. That's why there are so many fake mentors, teach their students the strategy without teaching how to actually use it in the live market.

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Re: Trading Mentors = Scammer?
« Reply #51 on: April 10, 2025, 04:56:01 PM »


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Re: Trading Mentors = Scammer?
« Reply #52 on: April 10, 2025, 08:26:56 PM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?
Many mentors are not really profitable in trading. Many of them are former traders and are studying to learn, but because they are having a hard time making money here, they become mentors to make money from students. Since they can teach everything that needs to be taught based on what they have learned even though they have not become profitable traders. That's why there are so many fake mentors, teach their students the strategy without teaching how to actually use it in the live market.
This is what I am talking about, teaching from the failure doesn't apply here because the intention of the mentor is to make money out of you irrespective of you make money or not while they are failed in trading then how can we expect anything that will be useful for us for the money that we pay to get that recommendations.
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Re: Trading Mentors = Scammer?
« Reply #53 on: April 10, 2025, 10:47:12 PM »
I agree that it depends on the mentor. because sometimes having a mentor is very influential and helpful as long as the mentor is truly trusted and also more flexible in doing it, if he is still quite doubtful, and various other conditions, then no matter what the condition of our market that continues to move and the members who become a hot topic and if we are less efforts, then all the efforts from the mentors will also be in vain.
Actually, you could express a best opinion in your best opinion. So i am also agree with your prefer comment. I also believe that trading is one of the best risky space in cryptocurrency market. So i think that in this reason an experience mentor is very important issue for crypto trading. Because we know that many crypto currency traders also losses there profit from crypto trading. I think that a wrong mentor or a scammer also can break your hope. So i believe that we should creat own activities to an experts trader.
Finding a good mentor in trading is difficult unless we have known him. At present many are negShare signal, but I don't think they are a good mentor. If I prefer to learn analysis and develop my own strategy in trading because with the analysis itself we can know where our mistakes if they fail.

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Re: Trading Mentors = Scammer?
« Reply #54 on: April 11, 2025, 05:57:29 AM »
Finding a good mentor in trading is difficult unless we have known him. At present many are negShare signal, but I don't think they are a good mentor. If I prefer to learn analysis and develop my own strategy in trading because with the analysis itself we can know where our mistakes if they fail.
Yes, many do give instant signals or methods, but that is not the way that will bring increase in the future. This way we are not only free riding, but also gaining an understanding of the process behind trading actions that we are taking. Of course there is much information available, but not every person who gives signals and signals really knows what is going on. Even though I felt that it is painful to learn from the mistakes herself when the analysis is done, it will definitely make her ready to face the market in the future. At the end, the power to opt for the right decisions lies in the key of experience and accumulation of the experience through training.

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Re: Trading Mentors = Scammer?
« Reply #55 on: April 11, 2025, 07:54:25 PM »
I agree that it depends on the mentor. because sometimes having a mentor is very influential and helpful as long as the mentor is truly trusted and also more flexible in doing it, if he is still quite doubtful, and various other conditions, then no matter what the condition of our market that continues to move and the members who become a hot topic and if we are less efforts, then all the efforts from the mentors will also be in vain.
Actually, you could express a best opinion in your best opinion. So i am also agree with your prefer comment. I also believe that trading is one of the best risky space in cryptocurrency market. So i think that in this reason an experience mentor is very important issue for crypto trading. Because we know that many crypto currency traders also losses there profit from crypto trading. I think that a wrong mentor or a scammer also can break your hope. So i believe that we should creat own activities to an experts trader.
Finding a good mentor in trading is difficult unless we have known him. At present many are negShare signal, but I don't think they are a good mentor. If I prefer to learn analysis and develop my own strategy in trading because with the analysis itself we can know where our mistakes if they fail.
Actually, your comment is very appropriate in this situation. Because known a mentor is very essential for best crypto trading or if we want to earn best profit here. Because a best mentor can give you best decision for crypto trading. But it must be very appropriate, if we want to understand in cryptocurrency market and trying to analysis about crypto trading. I also believe that there are no need to any mentor for earn best profit from cryptocurrency trading. Because if we could be best trader, i think that we don’t need to any mentor for earn best profit.
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Re: Trading Mentors = Scammer?
« Reply #56 on: April 11, 2025, 09:19:45 PM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?
If it a free trading training is a waste of time, and if they ask for fees to give out that trading guide just know that you are heading for a possible scam, the best approach to trading in any form is to learn and get engaged by yourself and not relying on others to give you an acclaimed guide to do that, the best way to go about I is you learn from your experience.

I have read and heard the ugly stories of some newbie traders, who went ahead to trust those scammers that call themselves trading mentors charging fees to give out worthless trading guide or what their call the fuck.

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Re: Trading Mentors = Scammer?
« Reply #57 on: April 12, 2025, 04:36:14 AM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?
Many mentors are not really profitable in trading. Many of them are former traders and are studying to learn, but because they are having a hard time making money here, they become mentors to make money from students. Since they can teach everything that needs to be taught based on what they have learned even though they have not become profitable traders. That's why there are so many fake mentors, teach their students the strategy without teaching how to actually use it in the live market.
This is what I am talking about, teaching from the failure doesn't apply here because the intention of the mentor is to make money out of you irrespective of you make money or not while they are failed in trading then how can we expect anything that will be useful for us for the money that we pay to get that recommendations.
Of course that makes sense and I can understand that feeling that there is no Trigger emulating app available for me. It is very normal that when one has paid some money for something in order to gain value out of it, and only to find that at the long run it will only be used as an instrument rather than a tool then trust evaporates. Not because I felt pessimistic but because as far as self expectations are concerned, honesty never emerged at the outset. Some more of them are active in painting an image than substantiating their claims. Knowledge wise we do not get to learn from others and rather we learn the hard way from the experiences that surround the scams. Such as that gives the consciousness to the people with the hope that the many people, who look so assured before a camera or on the TV screen, are not as proficient in what they are advertising as they may seem. The feeling of disgust is not attributed to failure but the exploitation of said failure for personal gain.

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Re: Trading Mentors = Scammer?
« Reply #58 on: April 12, 2025, 06:36:45 PM »
I consider them as scammers. What do you think?
They're not all scammers; there are mentors that are actually imparting knowledge and helping people who want to become traders, and there are those who are focused on making money from the people they are teaching and making them dependent on them. This is why it is necessary for you to be very selective with someone who you decide to call a mentor and trading partner because not all mentors deserve to be called one.
I also agree with you. It's not all mentors that are scammers. I know that there are specific ones that are scammers, but I don't think its a good thing to generalised. There are mentors who pretends to be gurus which is not true, they only use these means to steal from middle class traders or beginner traders, people like this can not be classified as a mentor but tormentor.

But they are actually real mentors that impact beneficial knowledge to beginner traders, who guide them and also teaches them all they need to know. But nowadays, the world is becoming a scary place, so we need to be alert and careful who we trust.
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Re: Trading Mentors = Scammer?
« Reply #59 on: April 12, 2025, 07:00:51 PM »
In my opinion, people who sell trading courses or consider themselves as trading gurus or mentors are just failed traders, yet they somehow monetize their knowledge by trapping middle-class people who are desperate for money. Did you see any trading mentors who are being successful with their trading journey? I never did.

I consider them as scammers. What do you think?
I did, but they just start selling their courses, or VIP groups or provide paid content to people because either they want to give back to the community or they don't want to make money by themselves alone or they want to grow community because we all know with knowledge we can give to people and if it really benefits them.

We can really grow a big community and with that community we can earn a lot of money, for examples we can do affiliate marketing for different companies and for exchanges and can earn good amount of money too.
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