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Greg Secker presented himself as a Financial Expert. This person uses a number of different websites to mislead potential traders. Many people are attracted to these numbers in an effort to discover the formulas for financial success. These include learning to trade.com.ph, tradersmartsheet.com, learntotrade.co.uk, and several additional sites that we probably aren’t aware of. To determine if these claims are accurate, it is crucial to think critically.
Below is a link to a website to mislead potential traders –
What is Trading?
Trading refers to one of the considerable beneficial Trading movements on the internet. Thus, billions of people earn and lose daily at the click of a mouse every day. In the short term, we can say that trading is based on selling and buying stocks immediately.
Is there any Mysterious Secret Trading Method?
Many people who consider themselves financial experts often make a specific promise to reveal an exclusive and confidential trading strategy that could potentially lead to massive wealth. They frequently promote these tactics as being highly effective and distinctive, enticing potential traders to invest money in expensive courses and events.
These self-proclaimed experts claim that their top-secret trading techniques are the key to generating significant profits in the financial markets and that their approach is unlike any other. They often use persuasive marketing techniques to convince individuals to buy into their methods, promising to share the secrets of their success with those who are willing to pay the price.
The fact is that there aren’t any “secret” trading methods that are 100% sure to make you rich. Knowledge, expertise, discipline, and risk management are all necessary for trading that is profitable. It entails being aware of economic developments, comprehending market dynamics, and adjusting to shifting circumstances. These basics are prioritized over “secret” trading tactics by reputable trade gurus.
Greg Secker’s wealth is derived from?
There have been allegations suggesting that the majority of Greg Secker’s fortune is not derived from forex trading, despite his claims to the contrary. This highlights the importance of transparency and honesty when it comes to the financial histories of trading gurus, and the need for investors to carefully evaluate the claims and credentials of those offering financial advice.
It’s crucial to do thorough research and due diligence before entrusting your money to anyone and to be aware of the risks and potential pitfalls of any investment strategy.
Gurdas Singh Sidhu’s involvement and expertise in the Lifestyle Trader Event
Gurdas Singh Sidhu has excellent sales language and marketing talents, which is why Greg Secker of Lifestyle Trader Event hired this individual.
Gurdas is positioned in the media as a “former student of Greg Secker” who has instructed more than a thousand others. What a pile of nonsense!
These allegedly successful pupils are not supported by any evidence. Simply put, it is vibrant marketing speak. The fool is the one who pays for these kinds of “trading courses.”
People who are interested in trading classes must exercise caution, conduct extensive study, and view such assertions with mistrust. More than just attending a course is needed for trading success; you also need to be disciplined and manage your risks carefully. When taking trading classes, it’s crucial to put education before the need for rapid money.
Why does Greg Secker never publish his trade results?
It’s a question that has been asked repeatedly by many people – Is Greg Secker a trader or not? The answer is pretty straightforward – he does not trade. Instead, he earns his livelihood by positioning himself as a financial expert and selling trading courses to people. He uses the money he earns to persuade people to speak favorably about him, which is why he enjoys so much media coverage.
The fact that there is no documented evidence of his trading performance raises doubts about his credibility as a trader. Therefore, it wouldn’t be wrong to say that Greg Secker, the owner of Lifestyle Trader Event, could be considered a FAKE artist.
Who is Greg Secker?
Learn to Trade is a highly regarded institution that specializes in providing education and training in FX (foreign exchange) trading. The institution was founded by Greg Secker in 2003, and since then, it has grown in leaps and bounds, becoming a well-known brand in the trading sector.
Greg Secker’s journey into the world of forex trading instruction began when he started teaching others currency trading from his bedroom while residing with his parents. He utilized the skills and information he garnered while serving as a Vice President at the prestigious Mellon Financial Corporation.
With a background in trading and finance, Greg Secker saw an opportunity to share his knowledge and help others become successful traders. He began by demonstrating to his audience that they too could acquire and master the art of forex trading. The Learn to Trade institution was eventually established following this community campaign.
To assist individuals in gaining familiarity with the intricacies of forex trading, Learn to Trade provides a wide range of educational resources and training courses. Over time, it has grown into a global trading phenomenon, attracting traders and students from all over the world who are eager to learn the finer points of currency trading.
Greg Secker’s vision, commitment, and financial sector expertise were vital to the growth and success of Learn to Trade, transforming it into a reputable institution for forex education and training. It’s worth noting that the mention of Greg Morgan as the CEO for the Asia Pacific region indicates that Learn to Trade’s reach has expanded beyond its initial scope, further cementing its global position in the trading education sector.
For more details you can check out the link given below –
Below are some reviews
1. Allegations of Deception
According to the person above, Learn to Trade’s Greg Secker is engaged in dishonest practices. This individual claims that Learn to Trade and its partners, including Gurdas Singh Sidhu, are viewed as fraudsters who have not been successful in turning a profit through trading. They contend that Learn to Trade’s educational and training programs are of poor quality and largely intended to promote pricey software subscriptions and the usage of Capital UK, a brokerage business where Learn to Trade purportedly receives commissions on each trade.
The complainant contends that Learn to Trade and Greg Secker depend on ongoing earnings from software subscriptions, notably the SmartCharts program, as a reliable source of income. They contend that Learn to Trade lures financially weak people with the promise of more accurate financial conditions through commercials that feature symbols of riches like vacations, mansions, yachts, and costly automobiles before eventually abusing them.
Additionally, the person describes a particular event in which participants of a Learn to Trade training session were rudely ushered into a different room and exposed to an aggressive upsell push for a product that cost over £20,000.
However, they also gave doubt on the sizable advertising budget that Learn to Trade and Greg Secker have set aside for YouTube advertisements, claiming that this money is being used to entice people who may later understand that they have racked up sizable debts as a result of losses sustained while trying to follow a trading system that they believe is biased against them.
Therefore, From this review, the person wants to hear from others who may have had similar experiences with Greg Secker and Learn to Trade since they think they are perpetrating one of the biggest swindles in recorded history.
2. Allegations of Trading Deception and the Role of Capital Index
According to the above person, Greg Secker does not actively trade; instead, he earns money by giving Learn to Trade seminars and selling trading-related software. Additionally, it is said that Greg Secker controls Capital Index, the broker to which traders send their trades. The complainant claims that Capital Index’s algorithmic trading signals are out-of-date and useless, and claims that they haven’t been updated in at least five years.
The person mentioned that Financial Conduct Authority (FCA) statistics are available on the Capital Index website to substantiate their assertions. They point out that 83% of clients are said to lose money, which is the percentage that the Capital Index is required by law to publish. The person also asserts that the majority of Capital Index’s clients come from Learn to Trade, casting doubt on the efficacy of Learn to Trade’s trading signals.
The person also asserts that Greg Secker does his lecture demos using a demo account. Greg Secker is advised to open a new demo account if these accounts experience losses or to get in touch with Capital Index to have the lost trading history removed.
Therefore, the source asserts that rather than real trading, Greg Secker earns most of his money through selling software and holding training seminars. They cast doubt on Learn to Trade’s trading signals’ efficacy and assert that Greg Secker employs demo accounts in ways that could call into question the veracity of his trading abilities.
3. A Cautionary Tale of Financial Ruin
The above person had a very bad experience with Learn to Trade, and they highly suggest that others proceed with great care while doing business with the organization. In their own experience, Learn to Trade’s methods caused a serious financial setback, transforming them from a person who was financially independent into someone who was dependent on government assistance and had no assets. They emphasize the seriousness of the problem by issuing a passionate warning to stay away from the firm.
The individual claims that Learn to Trade’s business model is a type of daylight robbery in which employees defraud customers of their money while maintaining an air of friendliness and trustworthiness. They contend that some workers can only see it as a job while others use deceptive methods. They express astonishment that the corporation has not yet been sued and posit that it could have powerful backing. The speaker also raises questions about the company’s finances, suggesting that it could have connections to strong organizations like the Russian mafia.
The continuing class action case against Learn to Trade Australia is also mentioned, though it is still in its early stages. They advise those who had bad encounters with the business in Australia to think about telling their tales as part of this prospective legal action. In order to prevent going through the same difficulties they had, the individual continues by emphasizing that Greg Secker, who they view to be mostly a marketer with IT competence, and his colleagues have a vested interest in making money off of clients’ losses. They advise people to avoid learning to Trade. They express remorse for their own sake not having previously had such a warning.
How to protect yourself from fake gurus?
In the trading industry, “fake gurus” are people or organizations that claim to be trading experts and provide training, courses, or signals in the hopes of assisting others in making big gains. However, these people frequently lack the knowledge and experience they assert, and rather than making money through trading, their main goal is to sell their instructional products or services.
The following are a few essentials to comprehend regarding fraudulent experts in the trading market:
The trading experience, tactics, and outcomes of fake gurus are frequently kept a secret. To draw followers, they would misrepresent their achievements or fabricate an appearance of prosperity.
Dependence on Sales
Rather than offering true instruction or help for traders, their main focus is on selling courses, software, or signals. To persuade customers to purchase their goods or services, they employ persuasive marketing strategies.
People seeking financial success may find fake gurus’ false guarantees of rapid and significant trading returns alluring. They frequently entice unwary people with eye-catching marketing and endorsements.
Fake gurus frequently absolve themselves of accountability when their followers suffer losses or fall short of the benefits they were promised, sometimes even blaming the person for not following their advice properly.
No Proven Track Record
Genuine trading gurus may frequently offer documentation of their trading experience and results. On the other hand, fake gurus frequently don’t have a proven history of profitable trading.
Affiliate or pyramid schemes
There are individuals who pretend to be something they are not and engage in dishonest business practices such as affiliate or pyramid schemes. These fraudsters may deceive people by luring them into signing up new members with the promise of earning a profit from the sale of products.
False gurus may charge very high prices for their courses and services, causing those who purchase them to suffer substantial financial losses.
People should do their own research, and look for reliable educational and advisory resources in order to protect themselves against being misled by fake gurus in the trading market. It’s critical to check the qualifications and track record of anyone selling trading services or courses, and you should be wary of anyone making exaggerated claims about becoming a successful trader overnight.
The Bottom Line
Greg Secker and his trading education company, Learn to Trade, have faced severe criticism and allegations that have raised serious concerns about the integrity, transparency, and effectiveness of their trading instruction and services. The accusations of using deceptive marketing tactics, prioritizing sales over substance, lacking verified trading outcomes, and having questionable affiliations with Capital Index have all contributed to the controversy surrounding the company.
Moreover, the prevalence of “fake gurus” in the trading industry underscores the importance of exercising caution and due diligence when seeking trading education and guidance. Aspiring traders must approach the market with care, conduct thorough research, and carefully scrutinize the credentials and claims of those who offer financial advice or trading services. Thus, navigating the complex and often unpredictable world of trading and financial markets requires making informed decisions and prioritizing education, discipline, and risk management over the promise of quick riches.