5 Tweets 82 reads Apr 12, 2023
๐ŸŽฌ Paid groups/services:
1- Are they good or bad?
A- Depends who is hosting them, they could be a waste of time and money; or they could be the best thing you did with the $ of the fees (ICT had a paid group).
2- Are they a scam?
A- Depends who is hosting them.
(1/2)
3- Are paid group leaders so shit at trading that they need an additional source of income?
A- Depends.
There can be an excellent trader who has emotional issues leading to bad trade management. He can use his price reading skills as an additional source of income.
(2/3)
4-Are paid group leaders profitable traders?
A- Most arenโ€™t, some are. ICT is the best trader I have seen and he had one.
Is he a shit trader?
99% of paid services out there are trash used to make a quick buck by the owner, very few are providing value.
(3/4)
5- Finally, should you join them?
A- No and Yes.
IF they know what theyโ€™re doing (few); Youโ€™re paying someone more knowledgeable than you for their knowledge; the same way you would pay a university.
The risk is they end up NOT giving you the value you paid for.
(4/4)
At the end of the day; you are responsible for your finances and itโ€™s a bet youโ€™re willing to take on the person based on your judgment of them.
Either you hit a bullseye, or you end up with a sack of shit.
End of thread โ€œpaid groupsโ€.

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