Question: Does this gain seem possible?

Hello, bear with me I am new to all this. Okay, so I am debating on staying in this Forex group that uses IM Academy. One of the most important members told me that in two months he went from 250 to 2000 in his account. He recently graduated high school, and the higher ups in the group are young adults. I will mention that the dude said this is mostly due to the educators on IM Academy, I assume with copy and paste trade. Regardless, does this seem reasonable or is it probably bullcrap?

Hi,

Anything is possible but that kind of gain would be a lucky fluke and unsustainable. If that example is part of an attempt to sell you something don’t bite.

I can teach you how to turn 2000 into 250 in a much shorter time.

2 Likes

I agree especially out of high school. You need to trade for years and years to be even thinking about selling anything or offering a product and he obviously has now

looks more like crap… I want you to trust your own knowledge when it comes to trading… So the best thing is start from basics and gradually build up your confidence, copy pasting trades will not always help you out… You need to learn to trade on your own

Possible yes. Probable given his age and exposure to the markets. Not so much.