Read More on Bloomberg: "How the ‘Harvard of Trading’ Ruined Thousands of Young People’s Lives": www.bloomberg.com/news/features/2024-05-14/the-stock-market-multilevel-marketing-company-for-teens?srnd=fixed-income?
Democratising access to finance - especially things like forex trading - was a mistake. Most people just aren't smart enough to get involved with it and not get ripped off by sharks like this. We need a more paternalistic attitude for the masses.
It’s because of their referral programs. I know boomers who are very capable business owners get pulled in by their business partners, and boomers don’t live on the internet like millennials and zoomers so they don’t really know how prevalent these kind of scams are.
Same as religion really. I mean when it comes to "touring" evangelists and televangelists some of them are making absolute fortunes. Same deal, pray on the gullible.
When you combine a cult of personality with constant hype and shouting, it's clear that it's all nonsense. Yet, the masses will inevitably fall for such schemes. No one is forcing you to give money to them.
@@zacharywissinger3996 yeah, that's a very thoughtful analysis. It reminds me of the gold rush that took place in Brazil "cerra pelada" there was a brothel. Haha, you're spot on!!
@@stachowi yeah. People let their emotions get them making their logic reasoning shut down or something. If one held the blueprint for wealth why on earth would they sell it? 😉
Everyone’s trying to “get rich quick” nowadays. They will eventually learn that there is no easy way. You gotta put in the work, learn, and grow. That’s how you get rich
@@jupiterjones3789 Nope he said it. I think it's a ploy to get smart people to leave. Anyone who is still there clapping after that is ripe for the taking.
If you lose money trading, why would you recruit loved ones to lose money too?? Makes no sense. Instead, find the root cause of why you lost money and make improvements to yourself.
If you ever come across a guy in a fancy suit and smooth talking, RUNAWAY. Just remember, if somebody knows the secret to making money why would they teach you that?
Donald Trump learned from his dad, Robert Kiyosaki learned from R Buckminster Fuller, Warren Buffett learned from Benjamin Franklin, etc.. There are many people who will teach you to be rich, some are genuine and others are scammers. Pick and choose your teachers wisely.
"I'm literally the most humble person in earth" is the most ironic statement I've ever heard I feel sorry for the people who can't see through that sort of lies.
Most people do not have the discipline and mind set to trade the markets....Same with business 90% of all business's fail....same with trading.....pushing buttons is reserved for a few people who can do it successful over time. And on top of that everything you see out there to help you learn to trade will do the exact opposite and that is all done on purpose. Very few people would ever share something with others that made them money. To give an example, I've sold over 5,000 of my trading courses, making me over 2.5 million dollars and making me probably the most popular seller in the world. And yet all that really happened from that is that all 5,000 never told anybody about it not wanting anyone to know and I was gang stalked for over 3 years for teaching people. On top of that I was told that since I will not listen to them and stop teaching people that they are going to put me into prison in the USA. So I made an emergency move out of the USA and have lived out of the USA since, over 8 years now. Nothing is as it seems, the world is a thousand times worse than you ever imagined or fathomed before. And the truth is far stranger than any fiction out there.....
I don't think that's fair. Have you ever worked a terrible job and dreamt of escape? Maybe some are greedy. But I think it's too harsh to make a sweeping judgment like that.
This happens on such a wide scale with thousands of these small time gurus, heck there’s even one in my local town of 20k people that I know through friends. Surprised I haven’t seen the media discuss it more
@@LaSombraa Yep, alot of them just work with dodgy brokers such as T4Trade who subtly steal money from people who trade with them and then give the person who referred that client a couple hundred dollars. So essentially these gurus are just salesmen for dodgy brokerages that steal your money. Their incentive is to get you to sign up and trade doesn't matter whether you make money or not (which you won't).
Learn to trade by reading books, watching videos, talking to real traders and putting in the screen time with the charts. Start small and take your time to learn it. No need to join a network marketing company to trade
Most of the people who join these groups arent the smarterst of the bunch. They couldn't really understand how it works so joining a group make them feel they are doing it right.
This is full circle. I was in IM academy in 2020. Once things started to smell fishy when the answers I got from team leaders were very vague, I left. I was in there for about 3 months or so and called all the people I recruited to leave with me since I didn't want to leave them there. Now, 4 years later I am a fulltime day trader who just got funded and no, I am not with a company I'm in this going solo. I've watched tons of trading videos on UA-cam which are free. Videos like these make me reflect on how toxic that whole environment was, to this day I still meet people that are in that space. To hear how they speak about these Pyramid schemes It's cult-like really. Great video and good to make the public aware about this on-going money hungry, toxic trend.
"fulltime day trader", "watched tons of trading videos on youtube." And he was dumb enough to participate in IM Academy. This guy is just going to continue to lose money like 99% of day traders. Get a real job and put your money in ETFs
Smart that you could see through the charades of positive MENTAL attitudes lol Those people don't realize how it stops them from thinking. Be critical, ask questions, demand answers, and collect feedback. From what I hear you need to be mature and have great powers of self-control trading stocks. It's not easy to stay disciplined, own mistakes, evaluate risk, protect capital, and strengthen systems. Gotta hand it to you for looking out for those people you recruited. It shows you have great character and are committed to a values economy.
This administration has no idea how people are suffering, things are getting so much harder we can't take it no more. A lot of people are financially struggling to put food on the table and a roof over their head, I appreciate your advice Walter James Henry. Imagine I invested $2,000 and got $10,600.>
My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Trading and MLM should not be together..trading is a skill that takes time to learn..its not some thing an individual can just pickup..it said that to be proficient trade it can take between 2-5 years...its a learning process
I was in this. They will tell you that it's not a pyramid scheme and make you feel bad for having a job. I was spending more money (attending events, paying for hotel stays etc.) than I was making it.
IM is legit if you know what you doing. She was a rookie trader looking to make quick money and over leveraging her trades. Then gets mad at the company lol
Pain is the best teacher. Learn return on capital. How much are you risking vs how much you can expect to make. What is your worst case scenario. If you are a novice and have $10,000 cash and have more than $12,500 at risk you will more than likely lose everything at some point. There is a big difference between your capital and your investments. Keep leverage to a minimum. Understand defined and undefined risk. It sounds like people are using way too much leverage combined with undefined risk.
If they would really show people the reality of trading (upsides, downsides , effort and stress involved ) , close to 99 percent would not dedicate their lives to this craft . It is not for the weak and you're competing against real sharks . Ignorance and greed are poison in every field .
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months sometimes less and now they are multi millionaires. I pray that anyone who reads this will be successful in life.
We need more on this series. IM Mastery Academy has a lot of dark aspects. There is also EVO Global,founded by German Castelo, who was in IM Academy...
In the world of financial trading, it is always traders mistake. If you do not use proper lot size, risk to reward ratio of minimum 1:3, you will get beaten! there is nothing wrong to sell products that are value for money for a commission. The Product and Company should be legit.
Who would've thought joining trash signal groups and blindly following them like sheep instead of learning how the markets actually work would lose you money? If you want to trade and be lazy, prepare to lose it all. The market is unforgiving for lazy, uneducated people. Yes, trading can make you a multimillionaire, but only if you put in the work. Years of experience.
It's hard to find much sympathy for people who seem to work so hard to deny the very blatant reality that they are being conned. I will just say that we have created an ecosystem for these types of scams to thrive by burdening younger generations with untenable debts and costs of living. Scams like these would be much less potent if people felt they could get ahead through traditional means.
The signals in the group chats were often wrong, and yet the groups still pretended lied and promoted them as “wins”. Also they wouldn’t let people share their own strategies that yielded more money than the signals. It was so weird.
It is insane that people believe that some one can actually teach them how to be a millionaire, If there was a fixed method that everyone would take this course and become one. Why would the person who is teaching you have this job if he knows how to be a millionaire? The only thing that you can learn are the basics and then develop the strategy and phycology after practice to become successful.
Wining chances should be around approx 50% even for a random person. What skills do they teach that these ppl manage to sink 96% of times. Just curious
It's amazing how these people make money from naive, young and enthusiastic people, they take away not just their money, but their time, passion and closed loved ones, it's so freaking evil.
The problem is greed and finding the laziest and easiest to get rich. The to pursuit to get simply rich should be classified as a mental disorder. Because the purpose most often is to flaunt it.
I’ve been practicing day trading for about a year now. I made the mistake of going live too early after 6 months of backtesting and lost 2 grand. It unmotivated me for a bit but I got back up on my feet and am still pursuing my goals. Just thought to ask did you have any education to get you where you are today or were you mostly self taught? I’ve been self taught and was wondering if I’m just missing some sort of guidance, thanks
Learn, backrest, refine and then learn backrest refine some more. UA-cam has a wealth of information you'll need, you just have to know how to look for it. It also helps if you have another job asides from trading to reduce the mental burden of your trades and improve your trading psychology. Cheers!
Trading is the most difficult skill to learn , it's not about strategy it's about mindset, psychology.. its better to learn and take time atleast 5 years ... I have been trading since last 4 years... I reached breakeven... yet to be profitable yet
What is the difference between false pastors and these guys? They booth say the same thing when you're not seeing the rseults of what you put in. One says "its on you" and the other say your "faith isnt strong enough"
One of my smartest friend tried to put me in it, and I was so disappointed to see him deep into this. He didn’t want to talk to me for a year because of this. There’s another one, they would literally take your phone and make you do some rituals for luck. Lol They are everywhere.
Well she summed up nicely when IM said only Losers quit. What he actually meant was only Losers join IM. This herd mentality and instant results/ gratification will make a lot of people sorry and poor
This barely touches the surface of this company. This could be made into a full 2 hour movie if the proper investigation was done. This video looks like it was a summer intern project.
it's merely semantics, but he's seemingly correct when he denies that im academy is not a pyramid scheme, because it does sound (and look and feel) more like a cult.
Funny, over the last 3-4 yrs I've slowly, quite naturally, become a trader of stocks, but had no idea this IM stuff was going on, but not surprised. Especially w/apps like Robinhood out there (Useless. Like Fischer-Price made a trading platform) and people...not getting smarter. So many religions out there, and as many sheep and suckers as any time in history. Anyway, it's important for people to understand basics of economics and the market, but don't try actively trading unless you really love it, or are at least very very smart. And patient. And can control your emotions. So...not most people these days.
I personally manage clients amd their investment. Last year clocked around 23% average. Index and mid caps are the way. Its not really that tough. Only evil people help others people loose money.
Why do people need to follow a guru to make money? You need to do it on your own, learn from your mistakes, and keep at it. Trying to get rich quick is a recipe for disaster.
I have realized that to make money on trading or sports betting market, you got to have an advantage. And that advantage is marginally tiny. No chance a retail trader with those Japanese candlestick can outmanuaver propriatery traders, who have super smart quants & massive computing power behind.
Stand for something or you'll fall for anything they say.. don't stand for anything but yourself in most circumstances.. and don't follow anything but what you can abstract from your own imagination, ability and preperation .. you won't fall..and if ya do.. You'll be OK, won't feel like a victim.
Read More on Bloomberg: "How the ‘Harvard of Trading’ Ruined Thousands of Young People’s Lives": www.bloomberg.com/news/features/2024-05-14/the-stock-market-multilevel-marketing-company-for-teens?srnd=fixed-income?
Better heading- The trading €hristian priest and his money loosing deciples
This is a pyramid scheme to have me sign up and pay for Bloomberg.
Man these trading gurus are blowing up everywhere.
Just insane to see how people still fall for them.
Anybody who cannot show their trades doesn't know how to trade....simple as that.....
People are desperate
Democratising access to finance - especially things like forex trading - was a mistake. Most people just aren't smart enough to get involved with it and not get ripped off by sharks like this. We need a more paternalistic attitude for the masses.
It’s because of their referral programs. I know boomers who are very capable business owners get pulled in by their business partners, and boomers don’t live on the internet like millennials and zoomers so they don’t really know how prevalent these kind of scams are.
Same as religion really. I mean when it comes to "touring" evangelists and televangelists some of them are making absolute fortunes. Same deal, pray on the gullible.
When you combine a cult of personality with constant hype and shouting, it's clear that it's all nonsense. Yet, the masses will inevitably fall for such schemes. No one is forcing you to give money to them.
hi from televangelists
Same with Trump voters. The world is full of naïve and easily influenced people... and they're sadly taken advantage of...
Donald Trump says hi
@@lm_b5080it's the religious mindset
That's because most people know nothing about trading or investment and are incredibly lazy
She even said she was “desperate” NEVER trade while desperate. You’ll make bad decisions and lose it all
IM not joining that, thanks.
It's only $250 a month bro
@@carlnadela2649😂you can trade your 250 lol
I joined it. It was weirdly the worst and best decision of my life
IM with you on that decision!
IM joining again if I get 50% discount offer in my email
I think the following quote: "in a gold rush, sell shovels." summarises the whole video.
Please elaborate because that quote is never used in that context.
“Easier to talk about it then actually doing it”
In a gold rush, open a brothel, miner’s only need one shovel.
@@zacharywissinger3996 yeah, that's a very thoughtful analysis. It reminds me of the gold rush that took place in Brazil "cerra pelada" there was a brothel. Haha, you're spot on!!
@@stachowi yeah. People let their emotions get them making their logic reasoning shut down or something. If one held the blueprint for wealth why on earth would they sell it? 😉
Everyone’s trying to “get rich quick” nowadays. They will eventually learn that there is no easy way. You gotta put in the work, learn, and grow. That’s how you get rich
Unfortunately will learn hardest way
1:47 "I'm literally the most humblest person in the world"
ROFL 🤣
My greatest asset is my exceptional humility
I came here to check here if he really said that or if I misheard and the subtitles got it wrong
@@jupiterjones3789 Nope he said it. I think it's a ploy to get smart people to leave. Anyone who is still there clapping after that is ripe for the taking.
@@aluisious I wouldn't overestimate the planning behind that. Although still shocking to me, this isn't uncommon for narcissists.
> make anyone a top trader
> by copying and pasting signals
We should teach classes in schools about cults. personality cults, pyramid schemes and other scams.
They are nothing but marketing Scammers
How does anyone over 12 fall for this? 2 seconds in and it just sound like a deliberate caricature of scammers
yep. anyone falling for this , will fall for anything, and is beyond help
They were dropped as infants.
If you lose money trading, why would you recruit loved ones to lose money too?? Makes no sense. Instead, find the root cause of why you lost money and make improvements to yourself.
A simple solution is don't trade unless you want to lose your money and your mind
If you ever come across a guy in a fancy suit and smooth talking, RUNAWAY.
Just remember, if somebody knows the secret to making money why would they teach you that?
To make money off course 😉
Donald Trump learned from his dad, Robert Kiyosaki learned from R Buckminster Fuller, Warren Buffett learned from Benjamin Franklin, etc.. There are many people who will teach you to be rich, some are genuine and others are scammers. Pick and choose your teachers wisely.
@@bbb_888the only thing Donald Duck Orange Man learned is how to lose $
@@bbb_888 Trump inherited his wealth so did Buffet. Kiyosaki is not even invested in MLM.
@@lug.5329 But you need some financial education to maintain and grow the inheritance. Thus where would you go to learn that??
"I'm literally the most humble person in earth"
is the most ironic statement I've ever heard
I feel sorry for the people who can't see through that sort of lies.
The fact that people still fall for this is gutt smacking.
A sucker is born every day
Wow half a billion in sales, and never heard of these scammers. The lure of easy money will never end.
True I never heard of them
They didnt lose money to gurus. The lost money to greed.
Greed was replaced by desperation and manipulation. It's a cult.
Most people do not have the discipline and mind set to trade the markets....Same with business 90% of all business's fail....same with trading.....pushing buttons is reserved for a few people who can do it successful over time. And on top of that everything you see out there to help you learn to trade will do the exact opposite and that is all done on purpose. Very few people would ever share something with others that made them money. To give an example, I've sold over 5,000 of my trading courses, making me over 2.5 million dollars and making me probably the most popular seller in the world. And yet all that really happened from that is that all 5,000 never told anybody about it not wanting anyone to know and I was gang stalked for over 3 years for teaching people. On top of that I was told that since I will not listen to them and stop teaching people that they are going to put me into prison in the USA. So I made an emergency move out of the USA and have lived out of the USA since, over 8 years now. Nothing is as it seems, the world is a thousand times worse than you ever imagined or fathomed before. And the truth is far stranger than any fiction out there.....
I don't think that's fair. Have you ever worked a terrible job and dreamt of escape? Maybe some are greedy. But I think it's too harsh to make a sweeping judgment like that.
They are not greedy. They are desperate and naive
desperation. i can see here in africa how many people fall so easily for such things..
This happens on such a wide scale with thousands of these small time gurus, heck there’s even one in my local town of 20k people that I know through friends. Surprised I haven’t seen the media discuss it more
Lol these guys are rinsing people with these trading groups, making hundreds of thousands per month. It’s ridiculous.
@@LaSombraa Yep, alot of them just work with dodgy brokers such as T4Trade who subtly steal money from people who trade with them and then give the person who referred that client a couple hundred dollars.
So essentially these gurus are just salesmen for dodgy brokerages that steal your money.
Their incentive is to get you to sign up and trade doesn't matter whether you make money or not (which you won't).
what makes him a gurus if he’s not losing people money then why does it matter
I’m mind blown by how pple aren’t willing to put in their own time and actually learn the skills
$250 a month!? Jesus Christ.
Closer to 315 since it was in pounds.
Could slap that into itm sqqq puts and glean 20% a year at least😆
Trading was never designed for anyone. Not everyone can trade.
Learn to trade by reading books, watching videos, talking to real traders and putting in the screen time with the charts. Start small and take your time to learn it. No need to join a network marketing company to trade
Most of the people who join these groups arent the smarterst of the bunch. They couldn't really understand how it works so joining a group make them feel they are doing it right.
True but most people are to lazy to do that
@@icetrip2417 Yeah. And by being lazy they are missing out on a lot.
took me almost 4 years to trade profitably, not easy
@@shadowwarsshadypeople6299you weren’t using more then enough lol
This is so popular in Costa Rica. It’s tough to see people filled with dreams misled by large personalities.
Who are the big shots in CR?
Who are the big shots in CR?
This is full circle. I was in IM academy in 2020. Once things started to smell fishy when the answers I got from team leaders were very vague, I left. I was in there for about 3 months or so and called all the people I recruited to leave with me since I didn't want to leave them there. Now, 4 years later I am a fulltime day trader who just got funded and no, I am not with a company I'm in this going solo. I've watched tons of trading videos on UA-cam which are free. Videos like these make me reflect on how toxic that whole environment was, to this day I still meet people that are in that space. To hear how they speak about these Pyramid schemes It's cult-like really. Great video and good to make the public aware about this on-going money hungry, toxic trend.
"fulltime day trader", "watched tons of trading videos on youtube." And he was dumb enough to participate in IM Academy. This guy is just going to continue to lose money like 99% of day traders. Get a real job and put your money in ETFs
Was in the same boat in 2019 as a mid-teen- now in Uni going to pursue a finance job
Smart that you could see through the charades of positive MENTAL attitudes lol Those people don't realize how it stops them from thinking. Be critical, ask questions, demand answers, and collect feedback. From what I hear you need to be mature and have great powers of self-control trading stocks. It's not easy to stay disciplined, own mistakes, evaluate risk, protect capital, and strengthen systems. Gotta hand it to you for looking out for those people you recruited. It shows you have great character and are committed to a values economy.
Bro… day trading is suicidal long term…. lol
@@Fj8282haha
Trading is a fools game!
This administration has no idea how people are suffering, things are getting so much harder we can't take it no more. A lot of people are financially struggling to put food on the table and a roof over their head, I appreciate your advice Walter James Henry. Imagine I invested $2,000 and got $10,600.>
HE'S MOSTLY ON TELEGRAMS, USING THE USERNAME...
he often interacts on telegrams,
@Gainwithwalter7
Oh they have an idea, they just don't care
"Muted chat is muted money." I remember that...glad it's coming to light.
My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Scam after scam…
@@EricRobertstravelericyeah I am fed up with these bots.
LOL this thread deteriorated fast.
remember one thing about investing and trading - if its too good to be true, it actually is!
Trading and MLM should not be together..trading is a skill that takes time to learn..its not some thing an individual can just pickup..it said that to be proficient trade it can take between 2-5 years...its a learning process
Shoulda used Hustlers University 🤣
😂
I was in this. They will tell you that it's not a pyramid scheme and make you feel bad for having a job. I was spending more money (attending events, paying for hotel stays etc.) than I was making it.
99% of people who day-trade highly leveraged instruments like FX, or Crypto will lose all of their money. Stick to unleveraged stocks.
ETFs FTW!!!!!!!
Oh retail. We never learn.
Don't believe in any Influencer .
IM is legit if you know what you doing. She was a rookie trader looking to make quick money and over leveraging her trades. Then gets mad at the company lol
Bro 94% lose money lol cope
“Three great forces rule the world: stupidity, fear and greed.”
- Albert Einstein
the best trading academy in the world
Pain is the best teacher. Learn return on capital. How much are you risking vs how much you can expect to make. What is your worst case scenario. If you are a novice and have $10,000 cash and have more than $12,500 at risk you will more than likely lose everything at some point. There is a big difference between your capital and your investments. Keep leverage to a minimum. Understand defined and undefined risk. It sounds like people are using way too much leverage combined with undefined risk.
Thankyou for being my liquidity
If they would really show people the reality of trading (upsides, downsides , effort and stress involved ) , close to 99 percent would not dedicate their lives to this craft . It is not for the weak and you're competing against real sharks . Ignorance and greed are poison in every field .
Just watched one ad about a “course” before watching this video.
Some people just don't understand leverage. Don't use margin if you don't understand the risks.
Yt also needs to regulate these trading gurus shame how it has the highest rpm out of all the top contents out there
YT is an accomplice to these scammers - try reporting and pulling down these Crooks and they come back instantly.
Anyone selling an opportunity for you to make easy money is scamming you
The visual effects are really good in this video, i like the comic style.
It was not a pyramid scheme. It was an MLM that offered a service that was not a viable business. Day trading doesn’t work for 98% of people.
It's easy to separate a fool and his money .
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months sometimes less and now they are multi millionaires. I pray that anyone who reads this will be successful in life.
We need more on this series. IM Mastery Academy has a lot of dark aspects. There is also EVO Global,founded by German Castelo, who was in IM Academy...
it bring back lots of memories
In the world of financial trading, it is always traders mistake. If you do not use proper lot size, risk to reward ratio of minimum 1:3, you will get beaten! there is nothing wrong to sell products that are value for money for a commission. The Product and Company should be legit.
Guys , Guys ….always take a class in Trading psychology
Lol man trading and trading psychology is all bs it's been proven that trading has a 90% failure rate wake up!
Who would've thought joining trash signal groups and blindly following them like sheep instead of learning how the markets actually work would lose you money? If you want to trade and be lazy, prepare to lose it all. The market is unforgiving for lazy, uneducated people. Yes, trading can make you a multimillionaire, but only if you put in the work. Years of experience.
or 3000 hrs in a year
It's hard to find much sympathy for people who seem to work so hard to deny the very blatant reality that they are being conned. I will just say that we have created an ecosystem for these types of scams to thrive by burdening younger generations with untenable debts and costs of living. Scams like these would be much less potent if people felt they could get ahead through traditional means.
I agree with this 10000%
Disagree , this is because of our culture . No amount of money is enough for Americans .
These people throw thousands and thousands at this. Anyone doing this isn’t struggling to eat , they are obsessed with being at the top
With group think, counter trade the signal. You'll lose less and win more.
As long as people are addicted to greed you will always have scammers like this.
Master the skill of trading yourself
lol, he said it best himself...
"You guys are 3 feet from gold, *AT ALL TIMES"*
You'll never get any closer
MLM cults are absolutely no different than organized religions.
This strategy is FIRE! I’m consistently winning my trades with this one!! Thank you🥩
“You can’t cheat an honest man.”
The signals in the group chats were often wrong, and yet the groups still pretended lied and promoted them as “wins”. Also they wouldn’t let people share their own strategies that yielded more money than the signals. It was so weird.
I appreciate you helping people make money from trading. Your work really matters!😋
Those online trading guru are scammers!
Kenapa videonya koh leon dihapus ya??
PT Barnum is alive and well! Is this a good time to talk about distribution of wealth?
That's why he is a Guru, he knows how naive people can be.
Sandeep Maheshwari of USA or Vikas Bindra of USA. Great.
Great. Thank you
It is insane that people believe that some one can actually teach them how to be a millionaire, If there was a fixed method that everyone would take this course and become one.
Why would the person who is teaching you have this job if he knows how to be a millionaire? The only thing that you can learn are the basics and then develop the strategy and phycology after practice to become successful.
Wining chances should be around approx 50% even for a random person. What skills do they teach that these ppl manage to sink 96% of times. Just curious
It's amazing how these people make money from naive, young and enthusiastic people, they take away not just their money, but their time, passion and closed loved ones, it's so freaking evil.
The problem is greed and finding the laziest and easiest to get rich. The to pursuit to get simply rich should be classified as a mental disorder. Because the purpose most often is to flaunt it.
Can only hope the scumbags behind these schemes get jail time.
I'm less than 90 seconds into this video and it already feels like a pyramid scam. It's very culty.
Former IM members, check in here 🤣🤣🤣🤣🤣🤣🤣
A sucker is not a mammoth, he won't ever go extinct
If it's so easy to make money, why would they share the secret with the world - nullifying their advantage?
to make more money lol but they just flat out scammers
That's why doing lot's of research before you get into something is so important.
I’ve been practicing day trading for about a year now. I made the mistake of going live too early after 6 months of backtesting and lost 2 grand. It unmotivated me for a bit but I got back up on my feet and am still pursuing my goals. Just thought to ask did you have any education to get you where you are today or were you mostly self taught? I’ve been self taught and was wondering if I’m just missing some sort of guidance, thanks
Learn, backrest, refine and then learn backrest refine some more. UA-cam has a wealth of information you'll need, you just have to know how to look for it. It also helps if you have another job asides from trading to reduce the mental burden of your trades and improve your trading psychology. Cheers!
Trading is the most difficult skill to learn , it's not about strategy it's about mindset, psychology.. its better to learn and take time atleast 5 years ... I have been trading since last 4 years... I reached breakeven... yet to be profitable yet
Its incredible how many people don't want to work hard to earn a living.
What is the difference between false pastors and these guys? They booth say the same thing when you're not seeing the rseults of what you put in. One says "its on you" and the other say your "faith isnt strong enough"
Found the salty athiest
I was in IM years ago. This is so much nonsense in this video.
I'm surprised that Amway is still around. Someone tried to involve me a quarter of a century ago.
Amway is legit it's not a scam even though it's MLM
Most retail traders don’t know what they’re doing…and they don’t want to learn. Fertile ground for these “gurus.”
One of my smartest friend tried to put me in it, and I was so disappointed to see him deep into this. He didn’t want to talk to me for a year because of this.
There’s another one, they would literally take your phone and make you do some rituals for luck. Lol
They are everywhere.
Never underestimate the stupidity of people in herds.
all information you need is on the internet. you don't need any guru, just learn yourself.
Well she summed up nicely when IM said only Losers quit. What he actually meant was only Losers join IM. This herd mentality and instant results/ gratification will make a lot of people sorry and poor
This barely touches the surface of this company. This could be made into a full 2 hour movie if the proper investigation was done. This video looks like it was a summer intern project.
Anyone who is a "successful" trader doesn't need to teach you how to trade for a fee.
Thats not true
it's merely semantics, but he's seemingly correct when he denies that im academy is not a pyramid scheme, because it does sound (and look and feel) more like a cult.
Funny, over the last 3-4 yrs I've slowly, quite naturally, become a trader of stocks, but had no idea this IM stuff was going on, but not surprised. Especially w/apps like Robinhood out there (Useless. Like Fischer-Price made a trading platform) and people...not getting smarter. So many religions out there, and as many sheep and suckers as any time in history. Anyway, it's important for people to understand basics of economics and the market, but don't try actively trading unless you really love it, or are at least very very smart. And patient. And can control your emotions. So...not most people these days.
I personally manage clients amd their investment. Last year clocked around 23% average. Index and mid caps are the way. Its not really that tough. Only evil people help others people loose money.
You mean LOSE not LOOSE!
@@Phoenix-gu2fk yes. English isn't the first language so I might write wrong sometime.
Why do people need to follow a guru to make money? You need to do it on your own, learn from your mistakes, and keep at it. Trying to get rich quick is a recipe for disaster.
The best way to het rich quick is to become a guru yourself
@@louisazraels7072 exactly
I can get someone from 10k to 100k in 3 years probably
More like cult-finance, etc. Must be removed.
I have realized that to make money on trading or sports betting market, you got to have an advantage. And that advantage is marginally tiny. No chance a retail trader with those Japanese candlestick can outmanuaver propriatery traders, who have super smart quants & massive computing power behind.
Stand for something or you'll fall for anything they say.. don't stand for anything but yourself in most circumstances.. and don't follow anything but what you can abstract from your own imagination, ability and preperation .. you won't fall..and if ya do.. You'll be OK, won't feel like a victim.