Meet The Youtuber Exposing "EXPERT TRADERS" by Taking Their Course

The thing that never adds up is actually simple: if these guys actually do have a system to make millions, there is no incentive to share it.

"So I showed my P&L and nobody watched my channel". That says alot .

Steve Forbe's father said that "There is more money in selling financial advice than there is in taking it".

as a trader for 19 years, i can attest this is the best info on systems and gurus. 99.9% of them simply don't work consistently. If they can provide an 'audited' p&l with at least 2 years of consistency, then try it out with small position sizing. If they cannot or will not provide 'audited' p&l's ....RUN.

One time I went to a seminar at a hotel when I was 18, they were selling a stock trading robot… I found it fascinating… But no one could ever answer the question… If the stock trading bot works so well… Why are you selling the bot in hotels to random people? And not just using the bot just to make money, wouldn’t that be easier? The answer, was because they just wanted to help people. City to city, hotel stay after hotel stay. Just helping people. Same story 18 years later, nothing new… If you can’t see through obvious BS… It will not serve you well in life. Greed is consistently, the downfall, of most victims in these con games. No one wants to hear that they can make an average return 6 to 8%… They want that 100x gucci money now...

Transparency is important, watching finance youtubers is annoying because they say look at my $1,000,000 portfolio but they don't show how much money they deposited. They could easily have started with $2 million lol

"I'm a medical guru. I'll teach you to treat people without going to medical school! I never lost a patient My patients live forever!" That's how ridiculous these gurus can be.

My god. I was considering at looking into some of these trading courses soon. This video couldn't have came at a better time. Thank you. I was always curious about these Guru traders stepping away from trading to teach 24-7.

It actually blew my mind how rampant this is, and how many 'trader' micro influencers are doing it. There are simply no silver bullets to solving life's problems, no get rich quick scheme that works or is sustainable and most people selling you stuff are making their money selling shovels vs mining gold. Love your content Coffeezilla!

Love this interview. I think the industry needs to setup a trading educator association and to be listed you need to go thru a 3rd party audit of your results. Clean up this industry

His course price ends in a 7, he promises outsized returns, he has a secret system... guru checklist ticking off the boxes. Interesting take on marketing though, align yourself with the scam buster crowd, denigrate your competitors, use your age and overall nerdiness to lull your victims into thinking that you're different. If you can get past the recency bias of most young FOMO chasers, using your age and the fact that you were "trading online since the early 90's" (E-trade started in 1992), it can add a certain level of gravitas to the guru pitch. So, in his own words, there are plenty of free courses and inexpensive books you can purchase to learn what you want to know. There is no success without effort and sacrifice. Get to work.

So when I was young in the 90s, we had a family friend that was a day trader. He explained it to me this way. Trading is gambling but instead of playing just one hand you are playing ten and your aim is to win at least 6 out of those ten hands every day. Today this same person is a multi-millionaire, but he had to work his but of to achieve that over 30 years. He has always encouraged me to do some trading but never make it my career. Today I am very happy that I spent a week with him when I was in school to just understand how margins and leverage works and it has made me get that get rich quick in trading is not possible and what returns can be guaranteed within reason. Above all else trading is not easy money.

I'm not from the US but I did take a couple of trading courses where I live. The guy taught us how, not what. He never suggested a trade, he taught us how to read the market, etc. He also told us on day 1 - don't read articles about this stock or the other. They have an agenda. If a trading teacher suggested a trade, I'd get really suspicious and definitely not do a trade without reading the graphs first.

I have a lot of respect for you and other channels that care enough to expose the flip side of internet gurus.

This is exactly why I don't even bother considering 'courses'. Anything I can learn I can just research/learn myself. I don't need to feed into scams to learn that people have malicious intent and wanna use their following to rip others off.

Great interview. I love when people give each other time to talk as well without talking over each other and interrupting each others point. So many times you dont get to her the full opinion or story on something because the interviewer chimes in and than there going in another direction

Questioning a guru's performance and asking a P&L will result in the fanboys tearing you apart - and the guru banning you. They're begging to be scammed. They want to be sold the dream. A good Instagram with cars, mansions, and girls will always be 100x more powerful than a track record.

Here’s the simple question : if someone claims they’re good at trading and making money, why do they need to teach that to earn a living? Damn scammers..smh

I was a floor trader at the CBOE for six years and I'll give the only advice that works and it's free. Options buyers lose money and sellers make money. Few exceptions but majority of the time this holds true. There, now you know everything you need to know about options.

Great video. I am watching this video and now YouTube is pushing me those same fake traders