How To Recognize Scam Guru: Trading, Bot, Courses

How To Recognize Scam Guru: Trading, Bot, Courses


In this article we will highlight the techniques used by scammers/fake guru/charlatans who rage online and try to deceive people by selling them trading courses or presenting them with opportunities in life that are not such. Sometimes those who try to sell you these subscriptions mix a lot of things together including courses, academies, monthly income, etc. If they are simple courses, they may have been taken (for free) online and sold as they are or in another language are translated. Trading, signal room, bot, arbitrage system, income and mining nodes are other key points of Ponzi platforms and these masters of fluff.

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RED FLAG
1) Lack of clarity in what they do or try to sell you
2) Unrealistic earnings through fake promises, test and reviews. There are no certain earnings
3) Show off a wealthy life through expensive cars, villas with swimming pools or life in Dubai
4) Escape The Matrix (basically they denigrate the "normal" life you are living, promising you a better life thanks to their course. For example if they are trying to sell you a Trading course with innovative techniques "invented" by them, they will criticize the analysis canonical technique that other traders use, underlining that since 95% of traders lose money, it means that the technical analysis used by the masses doesn't work)
5) There is no information online about who created the course (even if there were, it should be considered that many portals including Yahoo Finance, Forbes and similar allow you to write...sponsored articles. Even having written a book is not synonymous with "legit")
6) Poor sites, if any (i.e. created in a short time, often written in broken English or even not appearing on the first pages when searching on Google)


MARKETING TECHNIQUES USED
1) In most cases, the service is offered at a price but if you buy it now you get a discount. The fake urgency serves to make you get the money immediately, without thinking about it (otherwise you will lose the opportunity)
2) Limited places and deadlines to enter the study room, signal group or even to have a video/pdf
3) Free webinar and Zoom that add nothing, are performed to show you the results obtained (fake). The method to reach them is explained in a confusing way and is often devoid of logic or difficult to understand
4) False reviews and lies (they were already mentioned before), they are created by the fluff gurus themselves or used by those who are networking (to bring in other people, obtaining boosts on returns, discounts and so on)

Remember that any system if miraculous, I don't need to sell it. If I am a trading master or have created a miracle bot, I use it myself with my company rather than selling it to the public.

 

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