How many online trading courses ads interrupt you daily?
it’s incredible how many fake gurus are out there promising you life-changing knowledge and riches.
The online course industry is evolving rapidly, and so are the scams and bad guys who want nothing more than your money.
Especially in trading, profiteers are always around the corner looking for prey to drain savings from.
All those people who have a dream and a goal to achieve but want to do it immediately and with little effort represent the largest class of victims.
It is good to know how to protect yourself by recognizing fake gurus and learning about their most effective methods.
What truly are fake trading gurus?
Fake trading gurus are salesmen. Incredibly good and powerful salesmen.
They don’t know how to trade, they know how to talk about trading. They are trained to talk and sell, not to trade. And you can distinguish them by how they pack up their content.
But there’s nothing wrong with being a salesman, especially a good one. It is a talent, and a virtue. What is wrong is deceitfulness — it eventually determines when one is a FAKE guru or not.
Selling information products and study courses for all those who have an interest in improving their skills and knowledge is certainly a more than legitimate activity.
The process of acquiring such salable information that is truly useful is tiring and painful, and certainly worth retribution. Online courses today represent an efficient new source of knowledge when chosen correctly.
But when they are proposed by people whose intentions are far from teaching, they represent instead a dangerous trap, that contributes to the downfall of the individual both financially and psychologically.
Fake gurus are all those who can be considered crap & traps sellers, to get rich at the expense of their customers. It doesn’t matter what they sell as long as they can sell it to you and convince you to come back somehow.
These sellers are betting everything on the greed and vulnerability of potential customers who want to find shortcuts or are simply naive.
Quick preventive questions before taking action
These are the question you must ask yourself before buying any online trading course:
- Is this guy directed to an audience who wants to make quick money?
- does he look like a trader or like a deceitful salesman?
- Is he telling me what my weaknesses, my emotions, my vices, would like to hear?
- Is he showing his collection of sports cars and luxury watches, accompanied by a group of pretty girls in bikinis, to cause in me greed and impatience?
- Did he get rich with the “knowledge” he is now teaching, or with the products he is selling?
Main attributes of fake gurus
Esthetics
An easy way to spot fake gurus is to analyze how much consideration they put into the esthetics compared to the real content of their work. They put this layer of good-looking incentives, dress like Hollywood stars, with pretty impressive hairstyles, and so on. All to cover the immense nothingness that is behind.
Some people have the natural ability to see this deceitful layer instinctively, some need more time and experience to become invulnerable.
To obtain this ability, two are the main attributes of the successful trader, and more generally, the successful man:
• Being a righteous skeptic
• Being elevated in mind
If you want to deepen into the concept of skepticism and mindset, check out 10 signs of a good trading mindset.
Selling a dream
Fake gurus bet everything on your belief, your conviction that they can help you reach your materialistic dreams and change your life in the name of pleasure, whether it is of the body or the ego.
They make you believe in them.
The concept of belief and believing can be easily misunderstood by those whose minds are subjected to human weaknesses.
The belief which is driven by a conditioned state of mind is not righteous, nor a powerful one in terms of outward realization. When a positive belief comes from greed, fear, egoism and other negative weaknesses, its positive outward potential is dismantled.
Fake gurus are only there to profit from their client’s negative weaknesses: these represents the main part of their edge.
There’s a big difference between dreaming with and for pleasure and dreaming with LOVE. As there is a huge difference between selfishness and self-love.
To obtain success, you need to do your business because you LOVE it, not because you want to obtain pleasure from it. Moreover, your positive belief has to come from righteousness and other positive virtues.
When you understand what it truly means to make your dreams come true, then you will also have developed a natural defense against those who sell false dreams.
Easiness
Another great way to individuate a fake guru is when he/she concentrates the speeches on how little you need to do, or how easy or comfortable their methods and courses are.
Let Target Hit tell you a great truth:
THERE IS NO GREAT REWARD WITHOUT PROPER EFFORT.
The amount of reward is directly proportional to the amount of effort, whether this effort is being put in the front line or has been put in the process.
The risk/reward is always true not only in the markets but in the existence as a whole. It is a fundamental truth, a principle of Creation. There is no way to obtain something for nothing, nor something big for something small. And if anyone thinks otherwise, he is probably mistaking the components of the “exchange”.
Consider risk as effort, and you pretty much have a solid understanding of how to obtain your results, why you obtain them, and how to avoid being scammed by people who claim things that are against the laws of nature.
Putting themselves in your position
One of the most powerful weapons for fake gurus is the card of rebirth. They tell you about how their life sucked before knowing everything they are marketing now.
Interestingly, they seem to have been a complete package of all the things a potential client could be — their life sucked, they were bullied, they were working 80 hours a week, etc.
This is just another very efficient technique to let the client feel understood and not lonely in his sufferance. Never trust the words, always trust the true and intrinsic value.
Now, do you want to get your rebirth? work hard with Love and effort, be righteous in your journey, labor to become the person you want to be BEFORE having the things you want to have, and everything shall come. In that case, you need to trust no one but yourself.
Subtle counterattack
Have you ever been told that the best way to react to a joke where you’re the victim is to laugh with them? That one way to neutralize an enemy is to join the enemy?
Surely fake gurus have been told so, and some of them are applying the principle very well.
A lot of them are now learned enough to say that you need to work hard and be 100% focused to deserve their help. Absurdly, you could even hear things like “people that sell you ways to get rich quick without working hard are just scammers”.
They want to appear legitimate, without having legitimate purposes.
The quick questions that are mentioned above can be very helpful in avoiding this kind of psychological manipulation.
Testimony
These gurus always seem to have testimonials that made six-figure profits thanks to their products. People are proud to have incurred in these courses, sending a bunch of kisses and showing their gratitude.
How easy would be to stage everything and get people to believe?
They just need to sound confident and passionate.
Trust the customer testimony only when you can prove his profitable outcome and establish that it truly happened.
Another form of testimony is to get experts into the field, someone who knows what he is talking about and associate him with the products, either temporarily or permanently.
The fake guru doesn’t need to be an expert about the products, he just needs to be an expert about the selling process.
In Conclusion
The industry of scams and fraudulent online courses is always evolving. Fake gurus will do as well.
Therefore, it appears that the best way to protect oneself is to evolve intrinsically.
Vulnerabilities, weaknesses, greed, fear — these are the targets. They always are.
Become invulnerable, balanced, disciplined, and righteously accept to make your efforts.
Use the most powerful sources of knowledge in the history of mankind and the world: books and experience.
This is the only way to reach long-lasting success.
Shout out
To James Jani and his awesome video on the truth behind fake gurus.
To Andrew Kirby, who described the fake guru experience in this video. Here’s a great truth he unleashed:
“ in the short run the winners are the best marketers, but in the long run they are those who provided the most value ”.
Everything described in this article has the sole purpose of being informative and providing general information. The author has no intention of providing any financial advice, legal advice, or tax advice. Do not rely on this article to make investment decisions. Seek professional help before making any such decision. The author does not take any responsibility for loss or damage of any nature. The use you make of the information contained in this article is your sole responsibility.