I keep seeing a lot of traders advertising their training services on instagram at the moment i.e. they post pictures of living this awesome lifestyle involving expensive cars, jewellery houses etc, and say they are willing to help you to achieve what they have. I usually take things like this with a pinch of salt, but being new to the trading game, I contacted one of them to ask more about his training, the costs involved and the initial investment needed to start.
He replied and said:
“My service basically consists of me sending trades into a group for all my followers to copy trades. All they have to do is copy what I send them. Its as simple as it sounds. A course is also included if you wanted to to learn rather than just relying on copying signals you can.
The service is free for 30 days. The only money you will need, during the 30 day free trial period is the money you will use to copy the trades with.
A trading account will require 450 usd minimum deposit. However this deposit is not a cost. Thats the money you trade with, it doesn’t have to be all used and it can be withdrawn at any time.
All Brokers are regulated with apps. Let me know if this is ok and we can go further into it”
Apologies if this is a stupid question, but is the worth a shot, or would I be better off researching and paying for a course/mentor?
Thanks for any input.