here's an article from Emmett Moore from tradingschools.org regarding sure
trader SureTrader and Guy Gentile in this article he says that Guy always screams and
hollers at him and threatens to sue him and then he delves into what the
regulator is discovered Sure Trader SureTrader ceased operations on November 8th 2019
sure trader was being audited by the Bahamian securities regulator and the
Bahamian regulators engaged an American based accounting from Ernst & Young to
conduct a full audit and what they found out was that sure trader was never
really a brokerage again let me repeat this sure trader was never really a
stock brokerage not even close he was never executing real trades it
was more like a pyramid scheme customers also thought that they were depositing
funds into segregated accounts under the protection and purview of the Bahamian
regulator this was not the case the money went right into guy's personal
piggy bank additionally a most troubling sure trader was never actually executing
trades on customers behalf in fact in as Guy Gentile admitted during the
examination that all customer trades were simulated guys until purported that
sure trader does not own any inventory of securities but rather it is in a
short position relative to its clients so essentially it was betting against
its clients because it knew that as day traders their clients were going to lose
all their money in other words Guy Gentile Sure Trader was nothing more
than a bucket shop a gambling parlor where he acted as a bookie and paid bets
if traders were somehow miraculously able to earn a profit this means that
everyone who was encouraging their followers to deposit money into sure
trader may have known that sure trader was a scam and those same people those
fake gurus have been encouraging and
aiding-and-abetting fraud and deception the securities
regulator even stated that sure trader is nothing more than a Ponzi scheme then
Emmett discusses how it all worked they mainly referred by day trading chat
rooms they even mentioned Tim Sykes by name this is why I say and some of my
videos at any time your fake guru has a chat room it is highly likely that they
are fraudulent it's highly likely that they're engaging in illegal behavior
money was deposited into illegal accounts and then traders were assigned
monopoly money the trader would then trade their monopoly money on the DAS
platform of course the DAS platform is owned and operated by Karen Gentile
guy's ex-wife traders were charged all kinds of wacky fees but there were
actually no trades executed does the fraud continue gaijin teal was extremely
lucky that he's not in prison I think that he would have been in prison except
the statute of limitations ran out and it's questionable whether Guy Gentile
has anything to do with F1 Trade his ex-wife Karen owns and operates DAS now
the interesting thing is that the DAS platform which is owned and operated by
Karen Gentile is the same thing that is encouraged by bear bull traders now the
interesting thing is that if you go to bear bull traders you can see that they
encourage you to use the DAS platform right here
DAS Inc you click on it dodj trader empowering active traders
this is probably the same thing as sure trader and look who's encouraging at
bear bull traders my gut feeling for bear bowl traders is that with the DAS
simulator you're going to easily make money and that's how a lot of these
systems work they treat it like a video game they get you in the simulator they
get your confidence up they show you that it's very easy for you to make
money and then what's gonna happen is you're gonna deposit real money into das
and then with almost guaranteed certainty you're gonna lose everything
in my opinion bearable traders is in on this I believe that if DAS is anything
similar to your trader which in my opinion it is then DAS is taking a
short position against the people who are investing money in their actual
platform because DAS believes that everyone who deposits money into their
video game are going to lose all of their money so as a result DAS is
probably paying bare boiled traders about 20 or 30% Commission on every
dollar that enters and it is deposited into DAS and then what will happen is
that traders will take the simulator they'll make money they'll get
overconfident and then they're going to deposit real money into DAS and they're
gonna end up losing money as you can see bearable trader seems to be heavily
involved in DAS it's all over the packages that they sell live chat room
which is something that and it more just exposed and said that it's a feeder or
was a feeder for sure trader to get them into the system and sure trader used us
and as I met more explained in his review of short trader all the money was
actually being deposited directly into gaijin Till's personal bank account so
access to das hotkeys lifetime plus three months da simulator
does trader pro only runs on Windows based PC blah blah blah etc David Jaffe
with best stock strategy comm in my opinion all of these testimonials are
fake but you know don't take my word for it if you don't want to believe me then
you're more than welcome to deposit your own money and learn from experience as
you can see with Church Raider the whole thing had a lot of promoters and a lot
of people who are encouraging their followers to invest money into it and
none of they weren't even executing trades instead what they were doing was
effectively stealing all of that money and treating it like a Ponzi scheme
leave a comment below like this video and let me know your thoughts about sure
trader and Guy Gentile and remember if your fake guru ever encouraged you to
deposit money into short trader then you're following the wrong fake guru and
that fake guru is a complete fraud and scam artist