All penny stock forex day traders swing traders are scams. David Jaffee with BestStockStrategy.com
BestStockStrategy.com and notice how I have not shaved so that's one more thing
that you guys can make fun of. I'm wearing the same shirt because the
reality is rich people don't care about unimportant things like shaving or what
to wear or designer clothes or expensive cars. We care about and spend our money
on investments and fostering positive habits. In this video I'm going to talk
about why all day traders swing traders penny stock traders CFD pushers binary
options traders they're all scam artists. So I'll reach you you a comment that I actually
received yesterday from Um Mikey which says, "People want to be sold a dream I
used to be one of those scumbags so I know all of the tricks paper trading
inspect element overlays etc" Personally, I don't know what inspect element and overlays
and things like that are but I can tell you that the only way that you can be a
successful trader in the stock market is by selling option premium now if you
wanted to just buy an ETF like the SPY and hold it for years and that's
completely cool because you're gonna earn four to six percent a year before
tax but if you want to trade and you want to earn anywhere from twenty to
thirty to forty or fifty to sixty percent a year the only way that you can
have high statistical probability of profit is to sell option premium and
that's what I teach and if for some reason you don't like my style because
you think I'm too aggressive or too abrasive then that's totally fine you
can learn from tastytrade. Tastytrade is a great resource and while I definitely
do not agree with a lot of what they say I think that they make it overly
complicated they trade way too often and just trading just based upon high
implied volatility and liquid underlines that's not going to maximize your
earnings but I can tell you that all these people,
not the people who sell option premium but the day traders the penny stock
traders they all sell you a lifestyle they sell you a dream they are criminals.
100% scam. I can tell you like there's no way that that's possible now if you
don't want to believe me I know that you don't want to believe me because you're
probably watching this video when you're struggling and you're investing your
time and you want to learn how to make money so that you can help out your
family but you do not want to give your money to criminals who are just going to
promise you things and they are going to and they're they're pretty much selling
you a garbage product what these people do is they appear to be very similar to
you so they have like the boy next door look or the girl next door look they try
to develop trust with you and then they take your money because they feel like
because you feel that you can trust them that they have your best interests at
heart and then they sell you a garbage product and that's pretty much will all
of them do that so he's a scam artist he's a fraud and all these people if it
if they sell you anything with penny stocks forex day trading swing trading
if they sell you anything that has to do with lifestyle like Ricky Gutierrez does
with expensive cars mansions girls just run the other way because that is gonna
be your greed and your ego giving in and hoping that what they're selling you is
correct the only way that you're going to be successful is by developing
positive habits and probably 80 to 90% of the people in the United States are
either in debt abusive to their spouses addicted to alcohol addicted to pills or
drugs overweight and unhealthy that pretty much sums up like 90% of the
population so if you're not in debt addicted to pills if you don't have any
bad habits if you're healthy if you eat well etc you're automatically ahead of
95% of the population so there's no need for you to try to in to try to buy a
bullshi* program like day trading and to try to turn two thousand dollars into
$200 hundred dollars because you're going to lose all
your money if you want to learn a skill you're much better off improving your
habits learning monetizable skills making sure that you invest in your
health and then getting a side income like a side hustle and then also
learning how to sell option premium and like I said before if you for whatever
reason or don't like my style you can watch tasty trade that I'm
completely cool with that option alpha I think is a scam they don't make any
money Kirk du Plessis is a wolf in sheep's clothing and I'm definitely not
a fan of him. I'm going to post a video shortly about that but the point is that
all these guys penny stock traders swing traders day traders forex traders CFDs
you're taking enormous risk they're promising you the world they are selling
you fraud they're trying to gain your trust they use all these complicated
things like paper trading and overlays and inspect elements or whatever it was
that he said because this is a multi-million dollar a year business for
them so obviously they're going to invest in technology to try to make it
as real as possible they're gonna post fake trading statements etc and I
receive so many fake comments from these guys I mean I swear that they hire a
team of people to leave comments and troll my videos but at the same time I
also receive a lot of Awesome comments from people who I'm doing it they're
glad that I'm helping them to invest in their future into and so that they have
better habits so if you have any questions let me know just stay away
from all these guys and my name is David Jaffee if you have any questions you can
leave a comment below please like comment share and subscribe to this
channel I'm here to help you in to be of service and I appreciate your attention