Truth is…Having a profitable trading strategy is very difficult. Data shows: more than 75% of manual traders end up losing. Is it really surprising that people start looking for shortcuts? I can’t blame them… Fake Guru ads with dream homes and high-speed supercars look way better than simple profit percentages on social trading sites.
Many believe buying courses (avg. price $500) from snake-oil-laden fake gurus will make them good traders, but even if Warren Buffet gave you 1:1 coaching, you’d still have to do work + invest your own money.
First, let me immediately offer you a much better solution for spending $500. It doesn’t look as cool or sexy, and there are definitely no Lambos, but there is a strategy (with proof) to start making profits today.
Copying a Pro Trader
Ever heard of Copy trading? It lets you automatically copy every trade a professional trader makes, without being glued to the charts all day long.
I’ve compiled a list of traders I follow and copy. Look at the numbers carefully, what you are seeing are actual results instead of hopes and dreams sold by hucksters.
 Jeppe Kirk Bonde | Gain 18.80% | Risk score 4 | Manages $500K+ | 29502 Copiers | VIEW 61% of retail CFD accounts lose money |
 Amit Kupfer | Gain 4.99% | Risk score 5 | Manages $500K+ | 8522 Copiers | VIEW 61% of retail CFD accounts lose money |
 Thomas Parry Jones | Gain 29.72% | Risk score 5 | Manages $500K+ | 31552 Copiers | VIEW 61% of retail CFD accounts lose money |
 Dario Martiskovic | Gain 19.19% | Risk score 5 | Manages $500K+ | 647 Copiers | VIEW 61% of retail CFD accounts lose money |
 Pietari Laurila | Gain 12.23% | Risk score 4 | Manages $500K+ | 12862 Copiers | VIEW 61% of retail CFD accounts lose money |
 Celestino Brunetti | Gain 11.97% | Risk score 5 | Manages $500K+ | 1807 Copiers | VIEW 61% of retail CFD accounts lose money |
 Mike Moest | Gain 11.70% | Risk score 4 | Manages $500K+ | 2909 Copiers | VIEW 61% of retail CFD accounts lose money |
 Catalina Norena Valderrama | Gain 6.49% | Risk score 2 | Manages $500K+ | 1103 Copiers | VIEW 61% of retail CFD accounts lose money |
 Rhys Adams | Gain 12.41% | Risk score 5 | Manages $500K+ | 2249 Copiers | VIEW 61% of retail CFD accounts lose money |
 Vasile Iliescu | Gain 12.27% | Risk score 3 | Manages $500K+ | 813 Copiers | VIEW 61% of retail CFD accounts lose money |
What most people fail to realize is that buying a course to learn “secret strategies” from gurus is only the surface. Even if they worked (highly unlikely), you would still have to trade using your money. Here’s simple math – you spend $500 on a course and let’s assume you’ve actually learned something. If your starting capital is $200(cost of copying a real pro trader) you have to make 250% in profit just to break even your costs. For reference, the average S&P 500 yearly return is 7%.
Here are 3 reasons Why Copying a Pro Trader, is Better Than Giving Money to Gurus
1. Verified and Transparent Results
Scammers are notorious for using photoshop and questionable “tracking” sites that let them manipulate their trading history. Pro Traders have a unified backlog of trading results that you can access at any time, from any device before you start copying them.
2. When Pro Traders Win, You Win
Fake gurus use marketing to trick you. When people buy their courses the money is used to fund a lavish “success” lifestyle and create even more persuasive marketing material to lure in more people. Rinse and repeat, it’s totally unrelated to your success because the only winner is the guru. One thing is true though: Fake gurus and professional traders both seek financial gain.
Pro traders are first and foremost trading in their own best interests, to make money for themselves. If they’re good, more people copy them, and the broker rewards them for attracting customers to their trading platform. The whole process incentivizes winning for everyone involved.
3. Copy Trading produced more results in 10 years than fake gurus have in 300
The fake guru industry dates back to the 18th century when various “doctors” traveled the United States selling sesame oil under the guise of “snake oil” – a snake-based miracle elixir that cures various health problems. The mixture was debunked after the FDA researched its contents in 1917 and found that its complete nonsense. The gurus of today are no different, it’s only the product that’s changed. Nowadays they are offering miracle trading solutions and strategies to naive beginners.
Many have been fined and jailed, much like the original snake oil peddlers back in the day.👇
While Copy trading is a much newer idea, studies have already been conducted by some of the best universities in the world, proving that it does produce real results.
In 2012 the Massachusetts Institute of Technology (MIT) funded a study directed by Dr. Yaniv Altshuler, which showed that traders on the eToro social investment network who benefited from “guided copying”, i.e. copying a suggested investor, fared 6-10% better than traders who were trading manually, and 4% better than traders who were copy trading random investors of their choice.
The Choice is Yours
It can be a bitter pill to swallow if you really believed that you’re just a one-course payment away from being successful but my goal was to protect you from making brash and costly decisions. On a final note, ask yourself this question:
Do you want to fund a sleazy guru’s lifestyle, and watch them get richer and richer, while you waste time and gain nothing?🤔
When you can actually take that same money and copy a trader and start your trading career today.
I think you know the answer. Good luck champ!