A short YouTube monologue (by Kardec Trader) criticizing the trading industry’s influencer culture. The speaker condemns influencers who portray trading as effortless, claims they often use unregulated brokers to inflate apparent profits, and warns that such marketing misleads and harms new traders by promoting unrealistic expectations.
No one's going into the market, opening up a screen, clicking buttons and making money. I see influencers doing that and I'm going to call it out here. 99% of them are trading on unregulated brokers. All the big guys are trading on unregulated brokers. And there's not a real person that's posting real profits will trade on TD Ameritrade and show those profits. It pisses me off about this industry where we have a lot of forex guys that trade on these bullshit brokers claim they make X amount of money. Cool claim. Claim that you make X amount of money. But my problem with that is the they show after, oh, well, you know, I wake up, I click buttons, I'm at a beach, I make X amount of money. That's not how it works. And I get frustrated. The days where I'm putting out real risk, I'm losing real money and I see these people, oh, I'm gonna grow this account to that much. They're guiding the next generation of traders in the wrong path by feeding them.
