(posted in the main forum so all the noobs will see it) Anyone teaching a trading system, or claiming to be a "guru" or a "mentor" should: 1) acknowledge all losing trades from their system (as opposed to banning you from their chatroom if you mention a losing trade) 2) be overall profitable. Not every trade or every week, but ideally every month, especially if they're a day trader. Special exceptions can be made if trades are held longer than a month since you might be in drawdown in an open trade at the end of a given month. 3) not talk like a fortune cookie. Clear and precise answers should be given to all questions. Not double speak, not vague nonsense, not "do what price tells you to do" or "if you can't tell what is going on on this chart you have no business trading," and certainly not any nonsense like "I don't need a weatherman to tell me if it's going to be raining 5 minutes from now." This is the absolute #1 giveaway of a scam artist yet so many people don't see it because they want to believe. Other giveaways: Someone posts complex charts with simple joking comments on them, talks about how much money they make, how trading is so easy. If they are asked a direct question, they with either a) ignore the question or b) reply to the question with misdirection. Answering the question directly would reveal that they have no idea what they are talking about and the gig would be up. If they are asked a question from a noob, they will reply to the question with vague ambiguity and a joke. The noob, who wants to believe, will assume he just isn't on the same level as the "guru" and that he must study harder. This is called fortune cookie wisdom. They may try to sell you shit via PM, etc. Lessons, courses, "mentoring," etc., all without any proof whatsoever that they actually have a profitable system. This list isn't complete. Feel free to post more!