Adam Khoo Scam has remained one of the most trending topics in the trading niche for a while now. People are confused about the reality of the situation because of the conflicting user reviews present.
On one hand, few people claim to have profited from learning his methodologies. On the flip side, many people criticise the mastermind and call him awful names to say the least. Adam’s YouTube channel is huge and he has gained significant followers over time.
His videos are mainly about day trading and technical analysis. While many people have different views about his approach, there are few things concerning the way he promotes his courses. The idea of making money via day trading is something a lot of people have.
However, you should never throw your money at it without knowing the ins and outs. As far as this person and his courses are considered, read the following paragraphs to understand whether it is worth your time to indulge with it or not.
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Who is Adam Khoo?
Adam Khoo is an entrepreneur from Singapore. He is known in multiple sectors and on social media platforms, he made a mark for himself by publishing boatloads of content. If we were to name the niches he was involved with, it would mainly be financial education, corporate training and youth education.
On top of the things mentioned here, he also sells many educational courses and does events on a regular basis. Most of his income is probably derived from selling info products. You can find more information about him by visiting his official website or a simple Google search will help you figure out everything you need to know about him.
In a nutshell, he indeed is a millionaire. However, we do not have much proof to say that he made his money via trading stocks or other instruments. His content does offer valuable advice, but once again there is no way to quantify things.
Adam Khoo Scam Explained
Many people search for the keyword “Adam Khoo Scam” because that is how negative the public consensus really is. In the past, many so-called traders have looted people in the name of education and have spread nothing but misleading narratives.
As Adam also never reveals the entire stance on his portfolio, it is reasonable to assume that something is suspicious. Moreover, many students that are enrolled into his course also never got much success, but guess what? Adam never talks about the success rate or the amount of students that failed in the markets even after consuming his content.
Of course one might say that the matter and the learning process is subjective, but the mass sample size also plays a role, right? At the end of the day, the only person to walk home with a big smile is the educator because he is the one that makes money regardless of what happens in the markets.
Does his methodology really work?
This is the big question everyone is asking for a long period of time. If you are a regular viewer of his YouTube channel, then you have a good idea about his approach. Technical analysis and chart patterns appear enticing at first, but those are not the best ways of tackling the markets.
Moreover, the use of indicators is also a debatable topic and historically speaking, no indicator provides a win rate that is sufficient enough to justify day trading. In other words, the parameters are not something that can be gauged accurately and that kind of gap opens up a lot of room for errors and speculation.
If you have found success with his approach, then consider yourself lucky as most people have failed in copying the exact same system. On the flip side, if you are losing money, then switch to a virtual account and do not trade until you are confident about the win rate and drawdowns.
Adam Khoo Scam Reviews
To find information about the courses created by Adam Khoo is a child’s play. From Reddit to all the other popular forums, information from users is abundant. Just like we mentioned before, the consensus in general is negative and people are frustrated with the available range of services and its quality.
There is a lot of positive feedback, but compared to the negative ones, the good remarks fade in comparison. It would have been nice if there were verified track records and testimonials published.
Unfortunately, as no solid evidence is found, we urge people to think twice before buying anything from the platform. After all, no millionaire would ever sell their actual system for a few hundred dollars, right?
Can you make money by Day Trading?
The answer to this question is obvious, but still many people try to go against the tide. To make money via day trading is possible. However, the process is extremely hard and less than 1% of people make money doing so.
On YouTube, many Gurus might make the whole process look easy. Nonetheless, reality dictates otherwise. If you are just starting out, then read books and test out systems.
Never buy courses without doing due diligence. More importantly, never ever look for shortcuts because there isn’t one in the first place.
How to spot a scam?
Things change rapidly in the finance sector. Scammers are always one step ahead of the regulators and they use everything in their power to come up with the most convincing manipulative narratives.
While the exact blueprint of the crooks cannot be projected beforehand, always look for the subtle signs. For starters, if the returns or rewards promised are too good to be true, then be very cautious. If you are asked to pay up-front and are not presented with proof, walk away from the deal.
As much as possible, deal only with regulated firms and organisations. If you have any doubt about the legitimacy, then do not hesitate to take help from professionals. In case you have already lost money to any course or investment platform, do not give up hope.
By using things like chargebacks and wire recalls, it is possible to get the funds back. The only thing you have to do is get in touch with our team quickly and sign up for a free consultation via the contact form below.
Adam Khoo Scam Bottom Line
At the end of the day, it is hard to reach any firm conclusion about the Adam Khoo Scam. There are a lot of allegations involved and the drama surrounding it is sky high.
The educational material is not the most confidence inspiring thing and the user reviews are all not verifiable too. As there are too many pieces of the puzzle missing, be cautious and do not invest more than you can afford to lose.
What do you think about the Adam Khoo Scam? Comment your opinion below!