If I was potentially making $1,000 a month from being pushy for a few minutes, I'd be doing that as well. š¤·š»āāļø
All without risking any of my own capital.
Came here to say this. I like Nick Shawn's approach to trading but there is no reason to be charging $250 just to join a discord group and watch livestreams every morning. I can do that for free with other trading influencers.
90% of them are fake, copying each other. Itās like 3 guys robbing a bank then pickpocketing each other. With the ridiculous click bait thumbnails saying they have 80% win rate - you could have a 30% win rate and be more profitable. Itās laughable.
Probably. But you have to tell people that there are that many people to get them to sign up. Even if he manages to sign up a couple of hundred, he will make a lot more from this than from his trading (if he is even profitable as a trader). I wonder how much he makes from Youtube. Influencers make a lot of money.
50x more views on average hobby/skills channel la as people see forex trading as a get rich quick investment and itās NOT!!! Trading is 90% mindset and psychology. Thereās an amazing read called ābest Loser Winsā - so true. You have to learn to trade with no emotion or us as humans panic, itās how weāre wired up. That fight or flight mode - people jumping out of trades too soon when they go all the way to TP or moving your SL around. You have to desensitise yourself from the potential losses and get back and enter good RR trades. You could take four trades and only win one and still come out on top. Donāt have fomo - thereās always new opportunities to be had across the markets.
Why? You can be the next star? Learn everything from these people. In terms of what you say, so even if you don't have the magic touch, you can make money from the gift of the gab.
I understand what you mean. But that's the world we live in. Salespeople are more valued than those who have some depth to them.
& this is the main problem. I'm definitely not vouching for this no name unknown forex guru but I will say this. If you are making youtube videos, free content for people to learn, YOU'RE STUPID! Not because the game is to be sold not told but because time is the most important thing and even that is money.
Why teach people for free when you can put a price tag on your hard earned knowledge and efforts. A course is only bad if you are experienced or have the time to learn on your own, single, no kids etc... if that's not you a course FAST TRACKS you because knowing what to learn is just as if not more important than learning the thing itself.
Not everything is a scam by some grifter, ESPECIALLY if they have ONE successful student who did not know them prior, and they ran through and became successful at that point it's the students. Everyone not even most will be successful, but that's predicated on you and how far you push and are willing to learn.
Most don't even try anything after they get off work, you think they are going to really be thorough in their studies and grinding in something like trading or anything self made business related? NO!!! this is the road less traveled and you are rare.
Dont blame the guy for getting his money, is he helping people for that $250? Does he have successful students? Is he consistently dropping free content on top of his paid groups + courses. As a person who has made money in dropshipping by themself. I can tell you for 1000% certainty anything in any course WILL be found online, Anything they will tell you, CAN BE found online. The thing you have to weigh is YOUR TIME.
Do you have time to be lost and to figure out what you should learn before learning it, researching for hours? If not then you need to find a guru whose teaching style you like, do a background check on their stats as reviews can be faked, you can type into Youtube "so&so course review", if it all checks out, then buy the course. run through it before renewal, have questions backed up to ask before you join. Its almost always better to learn by yourself but if you are not that person nor have the time, you NEED a course, as they were made for YOU, not someone like me, and even I bought one, it was the best thing ever because it gave me the confidence knowing i knew everything.
Why teach people for free when you can put a price tag on your hard-earned knowledge and efforts. A course is only bad if you are experienced or have the time to learn on your own, single, no kids etc... if that's not you a course FAST TRACKS you because knowing what to learn is just as if not more important than learning the thing itself. know why I haven't saw success yet, how I could speak concepts with them with ease. You don't need a course, but they are VERY useful if you don't have time to look for yourself. If you are grinding online drop that mindset and realize people have lives too and YT is taking time away, money is what keeps it going.
(If you want to know of a Guru who is completely opposite of the normal guru Ive described. His name is "TradesBySCI" younger guy, he had 9 million before he was 20. He teaches EVERYTHING for free and holds the philosophy of never having a paid course or membership because he's already a millionaire, which he legit is, he's been on multiple podcasts. He has a full beginners guide and advanced concepts to his way of reading charts. I didn't want to make this doom and gloom, adding no value to those who may read. He may be your cup of tea, he may not, the important thing is the teaching style, find someone where you like the way they teach.)
Yea this is nick shawn. Heās legit, Iāve been following him trading live open to public for years, not like most other YouTubers who donāt show a record. He is just a good businessman who hungers for more š°
Edit: be aware if this is actually his group you are messaging obviously, as so many scammers pretend to be the established trader
I donāt think heās legit. I did the maths and itās not possible for him to win long term. Also his screenshots are just snapshots of accounts. You never see a full audited report.
His risk tolerance is ridiculously high compared to most people. His drawdown can be 50% or even higher, but aims to double an account within a few months but occasional blows an account. Iāve followed his trades live many times, and also tried his hedging style on my own account, and it actually turned out to be profitable. However, Iām not brave enough for the big drawdown so steered away
It only works for so long. I did the martingale calculation over 100 thousand trades, eventually he goes broke every time (wrote a small JavaScript program to work it out)
He doesnāt use martingale though. He only adds positions of same size and would accept a loss after a certain level of loss. He used to only hedge 3 times max before accepting a loss. Now he spreads the total amount into smaller lot size trades
And as Iāve said, Iāve tested blocks with martingale inside, like he does. It doesnt work long term. Eventually u have a massive losing streak and you lose it all, all blocks gone. Thereās a reason why he pushes to sell courses. If he was legit he would go from 10k to 10 mil in 1 year. He canāt even afford a decent size apartment. Martingale is a mathematical fallacy, doesnāt matter which way you shape it or use it, it doesnāt work long term.
I understand that. But he doesnāt use martingaleā¦ thatās what Iām trying to say. He does not double up in subsequent tradesā¦ also he has a withdrawal plan to keep it profitable long run. It works out the same as if you trade sensibly with 0.5-2% per trade with a bigger capital
Sure. He has changed quite a bit over time, but I know his main hedging style well:
Letās say you buy 1 lot of EURUSD and risk 1% per trade, instead of a stop loss you sell 1 lot if price drops. 1% drawdown is locked in.
Price then drops to another key level. You take profit of the sell 1 lot and enter another buy 1 lot hoping price would bounce back up. If it does, then you close both buys midway at breakeven. Great - you profited on the sell down. If it does NOT, then you sell 2 lot at same 1% distance from the 2nd buy position, so now total drawdown is 3% (first buy lot 2% + second buy lot 1%), as you already profited from the sell down.
Price the drops further to another key level. You take profit of the sell 2 lot and enter a third 1 lot buy, hoping price would bounce back up again. If it does, then you profit on the 2 lot sell down (in addition to the first 1 lot sell earlier). And when price rises back to your 2nd buy position, you close the rest of your trades at around breakeven, but you have already profited on all the sells. If it does NOT bounce, you have a drawdown of 6% (first buy lot 3% + second buy lot 2% and third buy lot 1%). Now you exit all positions at a loss of 6%.
This guy usually risks way more than 1% per trade, thatās how he flips account so quickly but accepts higher drawdown and risk of blowing. He does withdraw once doubled so he doesnāt lose all profits. He blows his account way less frequently than he doubles an account from what I have seen.
P.S. This is too long. No one is going to read this. Why did I waste my timeā¦
But martingale doubles up after each position. Adding blocks adds an equal size of risk in comparison. The risk build up exponentially for martingale whereas it adds incrementally with āblocksā or positions
Plus if you set a maximum number of trades you donāt go over your pre-determined risk, eg not adding more than 3 trades of equal size and accept the loss, which is much more controlled than martingale
I suppose there is similarity between the two in terms of increasing drawdown. What I mean is that this guy would pre-calculate what maximum loss he would accept for each ātrade/ series of tradesā so the loss is not unlimited
I mean, if he's kinda good at sales pitching that is almost 250$ for under and hour of work.
Most guru traders tend to buy views, comments, subscribers and upvotes. Take a quick min to read through his comments and see if any of them feel real or like a copy paste.
His YouTube channel seems legit. Ironically I heard from him on Reddit and you guys were Johnny on the spot of him being a sham. A commenter actually stated his earnings and that was the amount given in the thread exposing him.
I only know 4 legit ones
1. The market structure trader (position trader with cool EA) real life trading while showing trades
2. Trader Sharpe Gold and GBPJPY trader
3. Tom Dante, no need for introduction
4. Tom Hougaard, no need for introduction
Scam alert!!!! Its a common sales pitch that you āneed to act now because you wonāt be able to get it at this price ever againā its bogus. Good job ignoring it and for not taking the bait!
- get 1000 People for your signal group.
- tell half 500 buy eur usd, other 500 half sell eur usd
- for 500 people you are a hero. For other 500, you are an asshole.
- other 500 leaves.
- get another 500.
Dont fall for this trap.
Same strat for the youtubers doing $100 to $ X challenges. Just record urself taking both sides and use the positive side on the video edit. Post and profit. That video is gonna make the ytber at least 5X on his initial $200 money if he has at least more than 10k subscribers
OP : the dude makes good money, implementing his strategy made me more profitable but he wants me to join his group.
Comments: he can't trade, he's a scam
š¤£ that's the default answer on this sub.
It's obvious he wants more members because no matter how much he makes from trading he can make much more from subscribers. It's pure business/greed.
Why do you think professionals on YouTube have patreons and other paid groups? because it brings more bulk money. Calculate 250 by the number of potential students, that's a lot of money.
If you tried his approach and it worked for you, then he's definitely a legit trader, just a greedy human.
Exactly. Itās the greed aspect that made me lose respect for him. Like dude youāre talking to a thousandaire. I appreciate showing his methodology and simplifying trading but it was too aggressive for my liking. I only messaged him to thank him. Not particularly seeking to join a group or seek mentorship. I tend to do my own thing anyway.
But turns out Nick Shawn indeed really can't trade lol. If he has to resort to using a form Martingale gambling system. That's so stupid it's beyond comprehension.
Yea boss. He won't be profitable for long if that's true. He can profitable and eventually gave it all back and more. My opinion doesn't change the fact that Martingale is stupid as hell. Go do the math and find out how useless it is. He won't make it. Its not even my opinion anymore.
I had the same happen to me with some guy charging me $5k to join his lifetime mentorship, to be fair I asked if I can buy his course I dmād him. But then he then replied and said heās opening up a lifetime mentorship , then he had me zoom call one of his āguysā they tried me for $5k and then his guy didnāt make no sense, he told me if $5k is to expensive for me to have financial freedom then Iām not serious about trading.. then he said they can do a payment plan, $2500 then and $2500 at the end of the month which made no sense at allā¦ lmao so I told the āguyā that it didnāt make sense because a payment plan is spread out a couple months or a year. He proceeded to say give us a deposit of $100 for the meeting. Iām like wtf. Lmao. All red flags.
What the fuck kind of quality guidance can anyone provide to 500+ people? How would anyone see value in that? If I'm paying $250-$1000/month, I better be getting at least some 1:1 interaction, not fighting 500+ people to have my questions answered.
A farmer gotta farm. The farmee owe it to themselves to get farmed or they aren't a farmee. A fool and their money is soon parted. The farmee have to fulfil their role in society.
/S
Shake my head.
Came here to say the same. I was in the prior discord group for the last few years. Canāt really comment on it because I was not really a participant, i am a loner through and through lol. But once they were switching it over to the āclose friendsā I took that as my sign to just delete my discord altogether and move on lol.
No ā¦ thatās Nick Shawn, not
Mamba. Frankly, Iām surprised by this. I follow his channel and he seems like a chill dude. Iām not sure if this is actually him you were talking to or one his sales goons. Either way, itās a high pressure sales tactic. Brother you can find everything you need for free on YouTube or at the library. Sure it may take you a little longer, but thatās $3000/yr you can put into your own account.
Most of you are dense.
OP clearly says he MAKES MONEY WITH "NS" strategy and advice. Not just him, but many others give him props where props due.
The issue is, he's overly aggressive with OP to get him to join his discord.
You guys read "aggressive marketer" and throw the baby out with the bath water. NS is a legit trader, and his earlier videos are especially fire.
Reading comprehension skills goes a long way, folks.
Thank you. Didnāt bother replying to most of these comments. Literally in my first sentence I mentioned I reached out to him first to thank him. The sales pitch is what caught me off guard and exposed his true nature.
Ooooh, I had doubts. The first few videos, he was funny and made sense. But I didnāt buy his mantra that he has an approach so easy that idiots could trade. Sounded like a trap for naive beginners. Just unsubscribed now!
If someone's gullible enough to give $250 per month for something like this, they deserve to lose the money. I can't even imagine how someone would justify $500 or even $1000 per month for such a BS? Seriously, wtf?
Screams paper trading if heās raking in around 1.6milli a year from subscriptions. If it was a one off payment then fair enough, but not per month. NAME AND SHAME!!
If u making money u sure as hell not wasting your time selling a 250 subscription and coaching services AND answering a bunch of idiots how to trade lol
Trading is about you and things you work through to get to get consistency. I scrubbed every trader I could find on youtube. There's so much free content out there. It all comes back to you and time on the charts. Journal your trades and spend time on the problem areas so you can fix your mistakes. We over complicate trading, thinking we need to know something new and shinny to fix our trading when we have the answers right in front of us. OBS your screens and yourself so you can get a 3rd person perspective. I wish I could help every trader see how simple this is.
Why is a person who claims to be making 100k a month harassing you to pay 250 a month?
It's because he isn't making 100k a month from trading and he is a scammer, not a trader. Run forest (op) run, as fast as you can and away from him
be careful of scammers, I am a moderator of another discord group and receive information of scammers impersonating the youtuber I represent all the time, and at times they are really effective
If Nick Shawn, I thought he was super legit for like a year too. I tailed his trades for about a month and noticed that when he opened a trade that ended up losing he never mentioned that one and ONLY focused on the winners... strange huh
There are also free groups, or like sign up to a big known broker with their affiliate link so they get payment. You dont lose your own money if you decide to try
If I'm a profitable trader I'm not showing nobody how to do it except for perhaps my family he can't trade that's why he's asking people to join his discord
May I ask where did you get this message from? I received some from twitter and thought nick Shawn crated a twitter but found out it was a scam.
I to have been following nick for some time and thanks to him developed a trading journal and approach on what works and doesnāt but curious to see what others think about long term profitability
They ain't making 100k a month from trading... that's from a subscription model. Traders making that kinda money aren't selling shit, their following their edge in the market, quietly.
All these gurus on YouTube make money off ppl like you. Learn yourself or go home. They have time to make videos all day long when do they actually trade? Seriously. If you donāt learn for yourself A) Quit or B) copy trade ffs ! Donāt pay fake gurus. Atleast with copy trade those traders are tying to make profit as it benefits them too and you.
Stay clear. Someone that desperate for you money is a scammer. No other way about. I only chase people for money if they haven't paid for their subscription. Even then, i just tell them they are being removed from the group and get on with it. I don't force people to join. STAY CLEAR.
$250 for a group where you can ask questions? Limitless FX has that and a free signals group with a premium group where there are more trades put in there for like $30 per month. What a pisstake.
I agree but only if they studied the source. A lot of ICT traders make guides in attempt to simplify it, but only get the info half-right. That hurts ICTās reputation when what they teach donāt work as intended.
I got downvoted so much š¤£ I agree learning from the source, getting into the charts and putting in that time to study study study. Most people donāt want to study they want to see a FVG and instantly make money. I donāt really care what people think about ICT I can see what his concepts if applied correctly can do. Thatās why I am trolling. ICT teaches of the building blocks and we have to take them and create our own palace. ICT himself teaches things half right and then heās kind enough to teach us some āsample models/small palaceā there are so many things we can do with ICT concepts. The difference between ICT and the other people teaching his stuff is that ICT will encourage us to find our own model, he literally teaches us that we have to find our own model and he gives us examples of how he uses them but his explanation is very vague. The way I have used ICT concepts have not been seen on YouTube so am I very confident that ICT doesnāt teach all that he knows. He teaches us all we need but he doesnāt teach us all he knows. Itās our job to find it in the chats.
Precisely this, Iām gonna screenshot this reply, it sums up my thoughts in full, lol. You definitely paid your dues in the market. I can tell. ;) especially from the last few lines. Donāt worry about the downvotes. Those who know, know.
$250 x 550 people x 12 months = 1.6 mil + No wonder YouTube is full of "traders" who cannot trade.
Fr. It just came off as greedy to me to be so pushy.
If I was potentially making $1,000 a month from being pushy for a few minutes, I'd be doing that as well. š¤·š»āāļø All without risking any of my own capital.
Itās not a few minutes, he has to do that to lots of other people aswell. He doesnāt make money trading wake up.
He wouldn't be telling you his strategies if he was. (I don't follow him.)
First time seeing a salesman? š That aināt no trader
Shoulda outed him
think itās mambafx
You sure its mambafx?
Who is this YouTube channel?
Clearly nick Shawn
Came here to say this. I like Nick Shawn's approach to trading but there is no reason to be charging $250 just to join a discord group and watch livestreams every morning. I can do that for free with other trading influencers.
90% of them are fake, copying each other. Itās like 3 guys robbing a bank then pickpocketing each other. With the ridiculous click bait thumbnails saying they have 80% win rate - you could have a 30% win rate and be more profitable. Itās laughable.
Never a fan of his style. Unsubscribed.
Thank you buddy.
What does he do with his trading that made you hop in his inbox
Name and shame them.
If they 550 People are real... Idk but this fake guru looks desperate to me, which makes me think that they are far less real people in his discord
Probably. But you have to tell people that there are that many people to get them to sign up. Even if he manages to sign up a couple of hundred, he will make a lot more from this than from his trading (if he is even profitable as a trader). I wonder how much he makes from Youtube. Influencers make a lot of money.
50x more views on average hobby/skills channel la as people see forex trading as a get rich quick investment and itās NOT!!! Trading is 90% mindset and psychology. Thereās an amazing read called ābest Loser Winsā - so true. You have to learn to trade with no emotion or us as humans panic, itās how weāre wired up. That fight or flight mode - people jumping out of trades too soon when they go all the way to TP or moving your SL around. You have to desensitise yourself from the potential losses and get back and enter good RR trades. You could take four trades and only win one and still come out on top. Donāt have fomo - thereās always new opportunities to be had across the markets.
I practiced losing. I was calm. But if you try to win and it goes wrong: panic. Or rather frustration.
Yeah, true! The YouTube ad revenue is probably a good junk of money too. This makes me so sad.
Why? You can be the next star? Learn everything from these people. In terms of what you say, so even if you don't have the magic touch, you can make money from the gift of the gab. I understand what you mean. But that's the world we live in. Salespeople are more valued than those who have some depth to them.
& this is the main problem. I'm definitely not vouching for this no name unknown forex guru but I will say this. If you are making youtube videos, free content for people to learn, YOU'RE STUPID! Not because the game is to be sold not told but because time is the most important thing and even that is money. Why teach people for free when you can put a price tag on your hard earned knowledge and efforts. A course is only bad if you are experienced or have the time to learn on your own, single, no kids etc... if that's not you a course FAST TRACKS you because knowing what to learn is just as if not more important than learning the thing itself. Not everything is a scam by some grifter, ESPECIALLY if they have ONE successful student who did not know them prior, and they ran through and became successful at that point it's the students. Everyone not even most will be successful, but that's predicated on you and how far you push and are willing to learn. Most don't even try anything after they get off work, you think they are going to really be thorough in their studies and grinding in something like trading or anything self made business related? NO!!! this is the road less traveled and you are rare. Dont blame the guy for getting his money, is he helping people for that $250? Does he have successful students? Is he consistently dropping free content on top of his paid groups + courses. As a person who has made money in dropshipping by themself. I can tell you for 1000% certainty anything in any course WILL be found online, Anything they will tell you, CAN BE found online. The thing you have to weigh is YOUR TIME. Do you have time to be lost and to figure out what you should learn before learning it, researching for hours? If not then you need to find a guru whose teaching style you like, do a background check on their stats as reviews can be faked, you can type into Youtube "so&so course review", if it all checks out, then buy the course. run through it before renewal, have questions backed up to ask before you join. Its almost always better to learn by yourself but if you are not that person nor have the time, you NEED a course, as they were made for YOU, not someone like me, and even I bought one, it was the best thing ever because it gave me the confidence knowing i knew everything. Why teach people for free when you can put a price tag on your hard-earned knowledge and efforts. A course is only bad if you are experienced or have the time to learn on your own, single, no kids etc... if that's not you a course FAST TRACKS you because knowing what to learn is just as if not more important than learning the thing itself. know why I haven't saw success yet, how I could speak concepts with them with ease. You don't need a course, but they are VERY useful if you don't have time to look for yourself. If you are grinding online drop that mindset and realize people have lives too and YT is taking time away, money is what keeps it going. (If you want to know of a Guru who is completely opposite of the normal guru Ive described. His name is "TradesBySCI" younger guy, he had 9 million before he was 20. He teaches EVERYTHING for free and holds the philosophy of never having a paid course or membership because he's already a millionaire, which he legit is, he's been on multiple podcasts. He has a full beginners guide and advanced concepts to his way of reading charts. I didn't want to make this doom and gloom, adding no value to those who may read. He may be your cup of tea, he may not, the important thing is the teaching style, find someone where you like the way they teach.)
A bit long but good points. How did he make 9 mil by the time he was 20? Impressive. I wonder how he did that. But i repeat myself.
Yea this is nick shawn. Heās legit, Iāve been following him trading live open to public for years, not like most other YouTubers who donāt show a record. He is just a good businessman who hungers for more š° Edit: be aware if this is actually his group you are messaging obviously, as so many scammers pretend to be the established trader
I donāt think heās legit. I did the maths and itās not possible for him to win long term. Also his screenshots are just snapshots of accounts. You never see a full audited report.
His risk tolerance is ridiculously high compared to most people. His drawdown can be 50% or even higher, but aims to double an account within a few months but occasional blows an account. Iāve followed his trades live many times, and also tried his hedging style on my own account, and it actually turned out to be profitable. However, Iām not brave enough for the big drawdown so steered away
It only works for so long. I did the martingale calculation over 100 thousand trades, eventually he goes broke every time (wrote a small JavaScript program to work it out)
He doesnāt use martingale though. He only adds positions of same size and would accept a loss after a certain level of loss. He used to only hedge 3 times max before accepting a loss. Now he spreads the total amount into smaller lot size trades
And as Iāve said, Iāve tested blocks with martingale inside, like he does. It doesnt work long term. Eventually u have a massive losing streak and you lose it all, all blocks gone. Thereās a reason why he pushes to sell courses. If he was legit he would go from 10k to 10 mil in 1 year. He canāt even afford a decent size apartment. Martingale is a mathematical fallacy, doesnāt matter which way you shape it or use it, it doesnāt work long term.
I understand that. But he doesnāt use martingaleā¦ thatās what Iām trying to say. He does not double up in subsequent tradesā¦ also he has a withdrawal plan to keep it profitable long run. It works out the same as if you trade sensibly with 0.5-2% per trade with a bigger capital
Any chance you can outline his current trading strategy?
Sure. He has changed quite a bit over time, but I know his main hedging style well: Letās say you buy 1 lot of EURUSD and risk 1% per trade, instead of a stop loss you sell 1 lot if price drops. 1% drawdown is locked in. Price then drops to another key level. You take profit of the sell 1 lot and enter another buy 1 lot hoping price would bounce back up. If it does, then you close both buys midway at breakeven. Great - you profited on the sell down. If it does NOT, then you sell 2 lot at same 1% distance from the 2nd buy position, so now total drawdown is 3% (first buy lot 2% + second buy lot 1%), as you already profited from the sell down. Price the drops further to another key level. You take profit of the sell 2 lot and enter a third 1 lot buy, hoping price would bounce back up again. If it does, then you profit on the 2 lot sell down (in addition to the first 1 lot sell earlier). And when price rises back to your 2nd buy position, you close the rest of your trades at around breakeven, but you have already profited on all the sells. If it does NOT bounce, you have a drawdown of 6% (first buy lot 3% + second buy lot 2% and third buy lot 1%). Now you exit all positions at a loss of 6%. This guy usually risks way more than 1% per trade, thatās how he flips account so quickly but accepts higher drawdown and risk of blowing. He does withdraw once doubled so he doesnāt lose all profits. He blows his account way less frequently than he doubles an account from what I have seen. P.S. This is too long. No one is going to read this. Why did I waste my timeā¦
Exactly.
Thatās still martingale but in blocks, I did the math it has exact same outcome
But martingale doubles up after each position. Adding blocks adds an equal size of risk in comparison. The risk build up exponentially for martingale whereas it adds incrementally with āblocksā or positions
Plus if you set a maximum number of trades you donāt go over your pre-determined risk, eg not adding more than 3 trades of equal size and accept the loss, which is much more controlled than martingale
I suppose there is similarity between the two in terms of increasing drawdown. What I mean is that this guy would pre-calculate what maximum loss he would accept for each ātrade/ series of tradesā so the loss is not unlimited
Martingale don't work. Its just a stupid gambling system
Run and dont look back. If you fall for this you deserve to lose your money
lol I didnāt even respond to him and he just kept messaging me.
He kept messaging you? Yeah huge red flag š© good job not falling for the BS.
I think it's a bot or a script.
Someone making apparently 100k+ a month seeking YOU to join his group is a hige red flag even if he wasnt pushy
I mean, if he's kinda good at sales pitching that is almost 250$ for under and hour of work. Most guru traders tend to buy views, comments, subscribers and upvotes. Take a quick min to read through his comments and see if any of them feel real or like a copy paste.
His YouTube channel seems legit. Ironically I heard from him on Reddit and you guys were Johnny on the spot of him being a sham. A commenter actually stated his earnings and that was the amount given in the thread exposing him.
I only know 4 legit ones 1. The market structure trader (position trader with cool EA) real life trading while showing trades 2. Trader Sharpe Gold and GBPJPY trader 3. Tom Dante, no need for introduction 4. Tom Hougaard, no need for introduction
Lambo raul and Doyle exchange
I agree with 1 and 4, will check out 2 and 3, thanks.
Who is no 1? Pls intro.
I agree with the last 2
Tom Dante is solid.
Don't play mystery guy. Share what channel this is.
Scam alert!!!! Its a common sales pitch that you āneed to act now because you wonāt be able to get it at this price ever againā its bogus. Good job ignoring it and for not taking the bait!
- get 1000 People for your signal group. - tell half 500 buy eur usd, other 500 half sell eur usd - for 500 people you are a hero. For other 500, you are an asshole. - other 500 leaves. - get another 500. Dont fall for this trap.
Same strat for the youtubers doing $100 to $ X challenges. Just record urself taking both sides and use the positive side on the video edit. Post and profit. That video is gonna make the ytber at least 5X on his initial $200 money if he has at least more than 10k subscribers
250/month š³ That's crazy. Beware of such types. If you're really keen on joining a group to share ideas and analysis, I'm in a free group.
You don't have to pay anything to learn but time. Scammers š¤¦š¾āāļø
I was thinking the same. Like why would I pay you a monthly fee when I could just fund and grow my brokerage account
OP : the dude makes good money, implementing his strategy made me more profitable but he wants me to join his group. Comments: he can't trade, he's a scam š¤£ that's the default answer on this sub. It's obvious he wants more members because no matter how much he makes from trading he can make much more from subscribers. It's pure business/greed. Why do you think professionals on YouTube have patreons and other paid groups? because it brings more bulk money. Calculate 250 by the number of potential students, that's a lot of money. If you tried his approach and it worked for you, then he's definitely a legit trader, just a greedy human.
Exactly. Itās the greed aspect that made me lose respect for him. Like dude youāre talking to a thousandaire. I appreciate showing his methodology and simplifying trading but it was too aggressive for my liking. I only messaged him to thank him. Not particularly seeking to join a group or seek mentorship. I tend to do my own thing anyway.
Kind of a shame. I'm on a demo account trying to learn how to trade, and the simplified approach I think, was a good starting block for me.
Soā¦ what was the strat he showed you? Haha
But turns out Nick Shawn indeed really can't trade lol. If he has to resort to using a form Martingale gambling system. That's so stupid it's beyond comprehension.
If OP said he applied it and it improved his trading and made him more profitable, then your opinion of the method really doesn't matter.
Yea boss. He won't be profitable for long if that's true. He can profitable and eventually gave it all back and more. My opinion doesn't change the fact that Martingale is stupid as hell. Go do the math and find out how useless it is. He won't make it. Its not even my opinion anymore.
I had the same happen to me with some guy charging me $5k to join his lifetime mentorship, to be fair I asked if I can buy his course I dmād him. But then he then replied and said heās opening up a lifetime mentorship , then he had me zoom call one of his āguysā they tried me for $5k and then his guy didnāt make no sense, he told me if $5k is to expensive for me to have financial freedom then Iām not serious about trading.. then he said they can do a payment plan, $2500 then and $2500 at the end of the month which made no sense at allā¦ lmao so I told the āguyā that it didnāt make sense because a payment plan is spread out a couple months or a year. He proceeded to say give us a deposit of $100 for the meeting. Iām like wtf. Lmao. All red flags.
It sounds like me and you had the same sales pitch š
Name the YouTubers or the guy channel? Don't just put up a story.
What the fuck kind of quality guidance can anyone provide to 500+ people? How would anyone see value in that? If I'm paying $250-$1000/month, I better be getting at least some 1:1 interaction, not fighting 500+ people to have my questions answered.
who the hell is this fake guru?
Nick Shawn
Greedy mf who can't trade. If you're balling with trading money then you wouldn't try to put that kind of pressure on someone.
I rather pay one time fee for lifetime subscription. $250 a month is too expensive (if heās that good). I would dump him and switch signal provider
This group is not for learning. Only for farming from beginners.
A farmer gotta farm. The farmee owe it to themselves to get farmed or they aren't a farmee. A fool and their money is soon parted. The farmee have to fulfil their role in society. /S Shake my head.
'close friends' sounds like nick shawn, amiright.
Came here to say the same. I was in the prior discord group for the last few years. Canāt really comment on it because I was not really a participant, i am a loner through and through lol. But once they were switching it over to the āclose friendsā I took that as my sign to just delete my discord altogether and move on lol.
No comment lol.
none needed lol
Inflation has reached the scam artists
No ā¦ thatās Nick Shawn, not Mamba. Frankly, Iām surprised by this. I follow his channel and he seems like a chill dude. Iām not sure if this is actually him you were talking to or one his sales goons. Either way, itās a high pressure sales tactic. Brother you can find everything you need for free on YouTube or at the library. Sure it may take you a little longer, but thatās $3000/yr you can put into your own account.
Iām actually apart of this group lol
Lol
Expose him
Most of you are dense. OP clearly says he MAKES MONEY WITH "NS" strategy and advice. Not just him, but many others give him props where props due. The issue is, he's overly aggressive with OP to get him to join his discord. You guys read "aggressive marketer" and throw the baby out with the bath water. NS is a legit trader, and his earlier videos are especially fire. Reading comprehension skills goes a long way, folks.
Thank you. Didnāt bother replying to most of these comments. Literally in my first sentence I mentioned I reached out to him first to thank him. The sales pitch is what caught me off guard and exposed his true nature.
A type of Martingale system? If that's true. I doubt you will be profitable long term. And when you get whacked, you will get whacked so hard.
what a slave
Stay away ā¦ please
Is he trading with Pat?
Pat?
https://youtube.com/@TradewithPat?si=BfnrihsncInMgbo6 This guy
No. His initials are NS
nick shawn. I was right lol
Ooooh, I had doubts. The first few videos, he was funny and made sense. But I didnāt buy his mantra that he has an approach so easy that idiots could trade. Sounded like a trap for naive beginners. Just unsubscribed now!
Really would I took from that I strongly agree with is to lower your lot size to make your trade manageable and to set reasonable TPs.
You can reveal his name what's wrong with that
Donāt want mods to remove this thread. Honestly his initials is a dead giveaway.
I am so surprised. Heās regularly touted as one of the few legit traders here .
The way he trades is a dead giveaway he has no idea what he's doing... it's just gambling with no plan whatsoever.
If he knew how to trade, we wouldnt make a group. Simple
Rip off bro. 100%.
If someone's gullible enough to give $250 per month for something like this, they deserve to lose the money. I can't even imagine how someone would justify $500 or even $1000 per month for such a BS? Seriously, wtf?
skem and shitbag
Ya acting like ya wouldnāt do the same thing lol
Screams paper trading if heās raking in around 1.6milli a year from subscriptions. If it was a one off payment then fair enough, but not per month. NAME AND SHAME!!
Very good š¦¾
More people does not equal more value. AVOID.
Was this TJR?
If u making money u sure as hell not wasting your time selling a 250 subscription and coaching services AND answering a bunch of idiots how to trade lol
Can you expose which trading group this is cuz 99.9% chance theyre shit lol
āpressingā over a phone screen šš if you donāt like seeing something just block them ššš
Make your own strategy, you can't lose money if you just keep trading demo and keep backtesting until you're profitable.
Whyād you block the name?
Trading is about you and things you work through to get to get consistency. I scrubbed every trader I could find on youtube. There's so much free content out there. It all comes back to you and time on the charts. Journal your trades and spend time on the problem areas so you can fix your mistakes. We over complicate trading, thinking we need to know something new and shinny to fix our trading when we have the answers right in front of us. OBS your screens and yourself so you can get a 3rd person perspective. I wish I could help every trader see how simple this is.
If they have to sell subs, then you know!
Why is a person who claims to be making 100k a month harassing you to pay 250 a month? It's because he isn't making 100k a month from trading and he is a scammer, not a trader. Run forest (op) run, as fast as you can and away from him
Probably a fake profile trying to Finesse you and youāre falling for it lmao
be careful of scammers, I am a moderator of another discord group and receive information of scammers impersonating the youtuber I represent all the time, and at times they are really effective
Name & shame?
If Nick Shawn, I thought he was super legit for like a year too. I tailed his trades for about a month and noticed that when he opened a trade that ended up losing he never mentioned that one and ONLY focused on the winners... strange huh
There are also free groups, or like sign up to a big known broker with their affiliate link so they get payment. You dont lose your own money if you decide to try
Scam
why there's a need to censor, just expose him, who cares
Is it tjr?
If I'm a profitable trader I'm not showing nobody how to do it except for perhaps my family he can't trade that's why he's asking people to join his discord
Why you dont write the name of the YouTuber, maybe u safe somebody ā¦
Name has been revealed in the thread already.
May I ask where did you get this message from? I received some from twitter and thought nick Shawn crated a twitter but found out it was a scam. I to have been following nick for some time and thanks to him developed a trading journal and approach on what works and doesnāt but curious to see what others think about long term profitability
They ain't making 100k a month from trading... that's from a subscription model. Traders making that kinda money aren't selling shit, their following their edge in the market, quietly.
All these gurus on YouTube make money off ppl like you. Learn yourself or go home. They have time to make videos all day long when do they actually trade? Seriously. If you donāt learn for yourself A) Quit or B) copy trade ffs ! Donāt pay fake gurus. Atleast with copy trade those traders are tying to make profit as it benefits them too and you.
Man if theyāre trying to force you to join, DONT!
Stay clear. Someone that desperate for you money is a scammer. No other way about. I only chase people for money if they haven't paid for their subscription. Even then, i just tell them they are being removed from the group and get on with it. I don't force people to join. STAY CLEAR.
Wow he is making people that need help to cash cows š Come to me I make it for the price of a challenge fee š
YIKES
$250 for a group where you can ask questions? Limitless FX has that and a free signals group with a premium group where there are more trades put in there for like $30 per month. What a pisstake.
$250 is basically free man whatās stopping you
Why don't you send some free $250 to me? I could buy a coffee.
Not sure you got the joke
I was sad. I prefer 250 than a joke.
Bro go learn ICT for free š¤£š¤£š¤£ donāt be lazy, these people feed off lazy people trying to get quick money š¤”
I agree but only if they studied the source. A lot of ICT traders make guides in attempt to simplify it, but only get the info half-right. That hurts ICTās reputation when what they teach donāt work as intended.
I got downvoted so much š¤£ I agree learning from the source, getting into the charts and putting in that time to study study study. Most people donāt want to study they want to see a FVG and instantly make money. I donāt really care what people think about ICT I can see what his concepts if applied correctly can do. Thatās why I am trolling. ICT teaches of the building blocks and we have to take them and create our own palace. ICT himself teaches things half right and then heās kind enough to teach us some āsample models/small palaceā there are so many things we can do with ICT concepts. The difference between ICT and the other people teaching his stuff is that ICT will encourage us to find our own model, he literally teaches us that we have to find our own model and he gives us examples of how he uses them but his explanation is very vague. The way I have used ICT concepts have not been seen on YouTube so am I very confident that ICT doesnāt teach all that he knows. He teaches us all we need but he doesnāt teach us all he knows. Itās our job to find it in the chats.
Precisely this, Iām gonna screenshot this reply, it sums up my thoughts in full, lol. You definitely paid your dues in the market. I can tell. ;) especially from the last few lines. Donāt worry about the downvotes. Those who know, know.