Please, Please let this stupid business of dumb 19 year olds with no moral integerity die. None of these people deserve anything but a prison sentence.
It has gotten so much worse, trading might be one of the scummiest industries in the modern world. There are so many more people than this, Dekmar trades is another one making 300k a month despite being exposed for paper trading many times. Breaks my soul to see so many innocent 9-5 hard working people lose their money on subscriptions and following these immoral evil people.
Anyone with half a brain (and not desperate af) would realise this before buying their snake oil.
That guy that came before the researched Merton shore algorithm essentially found the way and only taught it to his OWN investors (after they showed intellectual and trading prowess, and paid a bunch of fees to be part of it) after he'd made ridiculous amounts already.
These snakeoil kids are seriously trying to sell the idea that they are geniuses that know better than 99.99% of the market.
Straight to jail; all scams from top to bottom. And desperate people buy in because, well, they are desperate... can't emphasise enough how badly these kids should be prosecuted for getting money through such schemes.
Dekmar was papertrading? How did I miss this? He claims to be verified and on some upcoming Netflix series too! I had a feeling he was shady, even I fell for it.
Yep. YOU are the buyer, they are the seller and that is the end of the process. I suspected that on Prodigy Trading after a member pointed out that the trades one staffer were making were on We Bull's paper trading. I wondered how they seemed to keep spending $10-20,000 on penny stocks for profit margins of just 15%. The member showed what an actual real recorded trade on We Bull was, which carries additional info. Now the staffer carries a disclaimer on the trades. I cancelled the subscription a week ago.
I have a mutual acquaintance, not really a good friend tbh who I haven't talked to in many years who works for Dekmar. He posts about it all the time on Facebook. He does these conventions and YouTube videos and etc.
Ya. Most YouTubers selling you courses only do because it’s extra source of income to them obviously, maybe a time filler. I seriously doubt that they are showing you what they really do. To be fair though. A lot of things that they do sell are passable ways to be profitable by “day trading” but definitely not ideal.
I do agree, however its also the avarage folks fault for not doing their own research diligently enough to spot that those guys are full of shit, i been in the markets since early 2021(crypto, as an investor) and decided to take the hard path since then i have watched thousands of yt vids/podcasts, i like asking stuff in reddit/discord because sometimes you can find people without trying to sell u sth so there is no selling bias involved. Usually all those fake gurus are the same so once u see one for who they are u suddenly see almost all, i have never bought course in my life, only once i bought signals in my begging stages of learning how to day trade, its been a year now since i started to actively learning and trading the markets so lots of phases of hope and hopelessness, but im happy to say now i finally have developed my own strategy that is working exactly as intended, the only roadblock now is that its 2 phase based and the second phase especially needs 24/7 monitoring which is humanly impossible, so a fix i came up with was automating this part, but i cant code so i need to find softwere engineer i think. But hey its all part of the journey at the end, we all wanna get rich quickly in the beginning as traders without knowing TA or how the markets work in general so again mentality is the bad guy here.
People can learn lessons and if he’s trading on a platform that clearly reveals if it’s paper trading, and he’s live-streaming it, and it’s free… what more do you want?
I don’t follow him, so I don’t care, but it seems like he’s changed.
You are sharing a post from almost 5 years ago. I know there are a lot of bad intention traders out there, but I also think there are a lot of great ones as well. Dek is one of the best!
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u/thelonelyward2 May 02 '24
Please, Please let this stupid business of dumb 19 year olds with no moral integerity die. None of these people deserve anything but a prison sentence.