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.

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.

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

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.

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.

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

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

It's been an entire year since this vid came out. I want you to know this vid is still doing good work and it helped me out substantially. Thank you coffee!

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

Glad I came across your channel my dude, and thanks for introducing a legit channel that I subscribed to before even watching this video. I’m so happy I found a channel exposing these bullshit gurus and It infuriates me that people are stupid enough to fall for their shit. Keep up the good work bud 👌

One of these crypto youtubers had an ‘anime’ channel, this time last year. My rule of thumb is that if somebody speaks like two overlapping radio adverts at once, go short on their motives. Nice work. Peace ☮️

Thank you so much, Coffeezilla. This is excellent information. I knew there were scammers, but I didn't know it was this bad. I didn't know that there is an alternative to chart trading, which always made me uneasy.

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.