PROTECT YOURSELF FROM SCAMMERS

Dear friends, fellow readers & traders,

Please protect yourself. As long as your money is still in your account, you are safe. Once it is transferred out, just hope for the best. But before you do, please do some due diligence by trying to check who you are dealing with, how much you are paying, ask few questions and see how they respond. Have someone at your side to advise you at the same time and always consider the worst case scenarios.

Scammers can come in many ways and faces, disguising and luring you into believing that they can change your fortune and life style within a very short period of time. The fact is, these people just want your money. Nothing else. They are not interested in helping you and they will promise you the sun and the moon until you made the deposit.

During the early 2000’s era, which was 16 years ago, there were so many online surf-for-money programs that required you to put some investment, surf and then earn daily percentage as you surf their clients website. One of the best was Studio Traffic (and 12DailyPro). Every member knew the owner was John Horan, but no one has ever met this guy, or knew his face for certain. Yeah it was paying for the first 3 years which was awesome, but as members are getting larger and reaching millions, it finally gone by early 2006 and claiming that they have been sabotaged, though in fact it was just a master Ponzi scheme that were well planned and orchestrated. Pity especially to those who joined in the final months before it collapsed. To those who had hit and ran earlier, they made some decent fortune indeed. How do I know? Well, your logic will tell you the answer.

We all learned from mistakes for sure, but even worse some never learn at all. Fool me once, shame on you but fool me twice, shame on me. This is very true. And if you have never been scammed before, consider yourself among the luckiest person in the world. Don’t worry about not making that extra money that you wish for, just be thankful that you manage not to lose whatever you have in your wallet and account right now.

Now let’s get back to forex trading. I believed the trading itself is already risky with market’s volume (i.e. over USD 5 Trillion daily) and volatility at its best.

Firstly, for those of you who is not a risk taker and not having a strong heart inside, I strongly recommend that you stay away from this forex trading arena. Seriously it is not for you.

Secondly, if you are highly emotional, driven by fear and greed at every second of your life, this is also not for you. 

But, if you believe you can control yourself over proper education and training, then you have better chance of making some fortune from this, though it may require a little bit more than that. But never mind.

So what is my point? Simple. Trading itself is already a big heartache and headache for most of us. If you deposit your money into a legit broker and later lose it because of trading, at least you can learn from it and take it as tuition fees (from those losses).

But if you put these money on someone or some agents that claimed he can generate 500% profit in 3 days, I just wish you all the best. Yeah of course it is possible to make such profit with forex, but chances are you will not see these money again. Some scammers just gone with the wind after they collect all these money from their so called investors. In Malaysia, the latest scammers involved 2 school teachers, husband and wife from Johor and Sabah reported to collect deposit over RM500k and just missing after that. This kind of thing really pissed me personally.  

Losing money in this manner, to me is much more pathetic then losing from a stupid trade initiated by yourself. Period.

The worse part, these people could probably be your close friends, contacts and even your relatives who managed to convince you to invest in them. Even if they really trade for you, be careful as it is not easy to obtain the on-paper simulated profit target. Easy said than done for sure. Ask those who ever traded others account and they knew that I am not lying.

You see all these goes back to the facts that human can never run away from the fear and greed factor within them. To those who can tame these beasts from within, well done! You must be one of the best trader out there.

But for most of us who don’t even realize that they are controlled by these two elements, chances they may be scammed if the deal sounds too good to resist. Their desire to become rich will overwrite their logic thinking until Mr Regret comes and knock on their account.   

This is why proper education is priceless in the long run. If you want to venture forex trading, be a real trader guys and girls, learn from the others’ experience and minimize the chances of making mistakes with your money. Focus on tackling these first, then you can sail smoothly towards your dream of making a fortune with something that you are passionate about.

It is not that hard after all.

I am just painting a true picture so that no one will ever call me a liar.

Oh yeah, by the way, am I a scammer? Well, you can sms/whatsapp or even call me and have ‘Teh Tarik’ with me if you want. I was told by a broker to stop doing free and charity job for this trading thingy so I would be more than happy to meet you.

Don’t worry, even if I scam you, you know where to find me LOL.

Have a nice week ahead!