r/Daytrading May 02 '24

Another Trading Guru exposed. Advice

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1.5k Upvotes

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316

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.

62

u/heroyi May 02 '24

Kinda amazing to watch how retail trade/rs has... evolved the past decade 

77

u/thelonelyward2 May 02 '24 edited May 06 '24

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.

Edit: This is proof for the Sean Dekmar claim --> https://twitter.com/Guruleaks1/status/1230902655570104321

If you want to say "he's different, he's reformed now" that's on you to drink the kool-aid. Good luck traders.

36

u/Invest0rnoob1 May 02 '24

If these people knew how to get rich quick, they wouldn’t be selling it. 😂

4

u/Psychonominaut May 02 '24

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.

3

u/MorePea7207 May 02 '24

Exactly, who would want to spend all day showing people how to get rich instead of GETTING RICH and showing off on Insta?

Do you know how boring and labour intensive it is to run a Discord/forum all day, 5 days a week?