is clayTrader a scam? Clay Trader review. David Jaffee with BestStockStrategy.com
BestStockStrategy.com and in this video we are going to analyze and I'm going to give
you my opinion on whether claytrader is operating a legitimate business remember
everything that I say is my opinion nothing that I tell you should be
construed or accepted as a fact please do your own due diligence prior to
making your decision regarding clay trader I was almost positive when I was
initially looking into this that he was going to be another day trader Forex
technical analysis fake guru and then I was gonna roast this guy and call him
when I believed to be a a scam and a fraud but I want to tell you that he
actually has a decent amount of okay content some of his videos are pretty
good they deal with psychology and some of them were actually like relatively
deep so I do like some of his videos I think that they're pretty good it helps
you optimize your lifestyle develop good habits and be a good person however
there are a few red flags here the first is that it is pretty obvious to me in my
opinion that he has bought his subscribers he does not have a hundred
and seventy eight thousand as of this moment legitimate subscribers in the way
that I can attest to that or the way that it was pretty clear to me that he
does not have a hundred seventy eight thousand is that his videos that he
posted around a week ago some of them have under a thousand views I have only
around eight thousand subscribers and if I post a video typically it gets like a
few thousand views in a few days whereas this guy who has one hundred and seventy
eight thousand subscribers which is more than twenty times the amount that I have
he has probably one quarter the number of views that I would have yet he has
more than twenty times the number of subscribers that means that somewhere
between you know the one quarter be the number of views and the 20 times the
subscribers that's a difference of eighty times yet I mean there has
there's like such a wide gulf there that to me in my opinion is extremely obvious
that this guy has bought his YouTube subscribers as a way of giving himself a
perception of social proof and to act like he's larger than he really is how
many subscribers should he really have I don't know maybe between ten and fifteen
thousand I would say other thing is I do not believe that his educational
products are actually worthwhile because if he's teaching you anything besides
how to sell option premium there is a very high statistical probability that
you are not only going to lose money but you're also going to waste your time
because if he's teaching you day trading or penny stock trading or anything else
and I don't care if he shows you live training because we all know that those
live trading demos from TD Ameritrade and other brokers can easily be fate
but my gut feeling in my opinion is that there is nothing that you are going to
learn in his course which is going to be a value to you and which is going to
help you be a profitable trader and learn how to consistently earn profits
in the stock market so again that's just my opinion
but I do like a lot of his free content I think that a lot of his psychological
videos are great a lot of his videos there are not as flashy as some of the
other fake gurus but there are two major red flags and the first is that it is
pretty apparent to me in my opinion that he has purchased a lot of his
subscribers and the second thing is that by per using and reviewing his product
offerings I do not think that there would be any value in purchasing his
product because I simply don't believe that it is going to permit you or allow
you to earn any money so you're going to pay for his product then you're going to
invest your time and then you're going to get frustrated because you believe
that because you bought a product and you invested your time that you are
entitled to make profits but what a lot of people
realize is that if they don't learn a solid strategy and build up a very solid
foundation then the money that they spent for the course and also the money
that they're using to trade with that they are going to lose money in the
stock market unless they learn how to be disciplined in how to trade an extremely
high probability strategy that will consistently earn them profits in the
stock market David Jaffee with BestStockStrategy.com please like
comment share and subscribe let me know in the comment below whether you believe
play trader is legitimate and also let me know why or let me know your opinion
on whether you believe ClayTrader is a scam thank you very much for your
attention and I hope you have a great day