Trading Signals

Trading Signals – One of the Oldest and Most Dangerous Scams

How This Scam Works and Why It’s Still Popular

Among the many financial market scams, selling trading signals is one of the most persistent and profitable frauds. This scheme has been around for over 10 years, yet despite countless exposés, it remains active. You can find this scam on TradingView, Investing, Telegram, Instagram, TikTok, YouTube, and many other social media platforms.

The reason for its popularity is simple: people want easy money and don’t want to take responsibility for their own results.

Instead of spending a few months learning market analysis, many traders prefer to trust "magic signals" from the internet. They believe that subscribing to a signals service for $200–$300 per month will automatically turn them into profitable traders.

But trading signals are a trap.

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How Trading Signal Scammers Operate

The scheme is extremely simple and requires zero market analysis from the scammer:

1. Creating a Fake Reputation

• The so-called “trading guru” posts screenshots of highly profitable trades on social media.
• Since the market can only move up or down, the scammer opens two opposite trades simultaneously—one buy and one sell.
• One of these trades will inevitably be successful. That’s the one they show to followers.

2. Launching a Paid Signals Subscription

• A trader with $5,000–$10,000 in their account won’t hesitate to pay $200–$300 for “high-quality” signals.
• There are hundreds of thousands of such traders worldwide.
• If 1,000 people subscribe at $200 each, the scammer earns $200,000 per month without ever placing a real trade or taking any responsibility for the results.

3. Random and Unverified Market Calls

• Paid trading signals rarely have any real analysis behind them.
• The scammer simply makes random calls without any accountability.

4. The Biggest Risk – Losing Your Entire Balance

• You won’t just lose the $200 spent on a signals subscription.
• Following random, unverified signals will eventually lead you to lose your entire trading balance—whether it’s $500, $10,000, or even $1,000,000.
• This approach always ends the same way: a complete account wipeout.

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Why Do People Keep Falling for Trading Signal Scams?

The main reason is psychology—people avoid responsibility and seek shortcuts.

📌 People Don’t Want to Learn

• Technical analysis, fundamental analysis, and risk management take time to master.
• Signals appear to offer a shortcut to instant profits.

📌 Avoiding Responsibility

• If someone loses money on their own, they blame themselves.
• If they lose money following signals, they can say: "I was misled! It’s not my fault!"

📌 Social Proof and Herd Mentality

• Thousands of people subscribe to signal groups, so they must work, right?
• "If everyone is buying, it must be legit!"

📌 Fake Reviews and Testimonials

• Scammers use bots and fake comments to create an illusion of success.
• Real traders see "successful subscribers" and want to replicate their results.

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How to Avoid Trading Signal Scams

✅ Never pay for signals. Not from anyone.
✅ Always check a trader’s history. Legitimate professionals publish real accounts.
✅ Think logically: If signals worked, why sell them?
✅ Learn how to analyze the market yourself. It’s the only path to consistent profits.
✅ Invest $200 in real education, not a fantasy.

💡 Ronin Academy Warning:
🔥 There are NO 100% guaranteed signals.
🔥 Markets cannot be predicted with 100% accuracy, and no one will give you secret trading information.
🔥 The only path to success is knowledge and discipline.

The choice is yours:
✅ Invest in your own education and gain financial independence
❌ Hand over your money to scammers and lose everything

 

🔴 Remember: Trading signals are a one-way ticket to financial ruin!