Hello Traders,
I want to share my experience and insights regarding the rampant issue of fake trading gurus overcharging for subpar services. One name that has recently come to my attention is Bernd Skorupinski, who is charging over $10,000 for an online mentoring video course and indicators. Unfortunately, what he offers can often be found for free on various indicator forums, making his price tag unjustifiable.
Here are a few critical points to consider:
Bernd Skorupinski charges an exorbitant amount for his mentoring and trading tools. However, many of these indicators and resources are freely available on reputable trading forums and websites. The trading community is rich with shared knowledge, and with a little research, you can find high-quality tools without spending a fortune.
Beyond the cost, the quality of support provided is lacking. Numerous clients have reported that Bernd’s mentor support is minimal to nonexistent. When you’re paying such a high fee, you should expect comprehensive guidance and support, especially in a field as challenging as trading.
While Bernd boasts about a few payouts from prop firms, this does not establish a legitimate or consistent trading record.
A successful trading career, particularly one that warrants such high fees for mentoring, should be backed by at least a decade of consistent profitability and proven trading strategies. Without this, any claims of expertise are dubious at best.
The trading industry is unfortunately rife with fake gurus who prey on inexperienced traders. These individuals often market themselves through flashy websites, testimonials, and lifestyle portrayals that are designed to lure people into paying for overpriced courses. They capitalize on the dreams of financial independence, promising shortcuts and secrets that simply do not exist.
Before committing to any paid course or mentorship, do thorough research. Look for reviews and feedback from multiple sources. Verify the track record of the mentor.
Leverage the wealth of free resources available. Websites like TradingView, Forex Factory, and various YouTube channels offer high-quality education and indicators at no cost.
Engage with trading communities on forums and social media. They can provide valuable insights, support, and recommendations based on collective experience.
Be wary of gurus like Bernd Skorupinski who charge exorbitant fees for information that is freely accessible. High fees do not equate to high quality, and often, the best education comes from freely available resources and active community engagement. Stay informed, stay skeptical, and always do your due diligence before parting with your hard-earned money.
Happy trading!
Disclaimer: This post is based on personal experiences and observations. It is intended to raise awareness and encourage informed decision-making within the trading community.
