Ok. let's expose Telegram channels Scams that does not look like a scam but in reality that's a scam. š„
š„ Most of you are in many signals channels on telegram. How to check who is legit and who is a scammer?
Let me tell you. š
Check their Free signals.
Those channels who give targets with 10-20% Profit with 20-25x Or less on target 1 are scammers.
Because the market always moves 0.5% to their Target. And after tp1 their Stoploss hit mostly but they never cared. They will just show you that the target hit now we don't care If Stoploss hits. Now come to the point that the Stoploss will be 70-80% with 20x which is another scam. Most of the members get liquidation before hitting Stoploss š
Always check Entry to Stoploss and entry to Profit ratio.
The legit trader is the one who gives minimum 60% Profit at target 1 and if the Stoploss hit the loss should not be bigger than 60% as well.
Target 1 and Stoploss must be equal. If not realise that he is scamming for his own money.
You will never be in profit following them. Do whatever you want.
Points to note about scammers.
1: minimum profit at target 1 must be 40%
2: Stoploss must be equal to target 1 not more than that.
3: less than 50% Profit means a clear scam and making you fool.
4: Far Sl like 100% with 20x Is also a scam.
5: these are the Tricks to Trap innocent and Get fee from you.
Because of these scammers the legit traders who really work hard for you never get what they deserve.
If you read and understand well
Do react. If you want to know more about scammers. You are allowed to comments me anytime .
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#nomaeffect #scamalert
