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Seeing big storm on Twitter about Trader who claims to be able to predict the Markets moves with absolute certainty.
Also seeing tweets from dissatisfied Traders saying that the Systems that they have been provided in the seminars are right only 40% of the time and that they have still not started making money even 3 months after paying the princely amount of a few thousand to attend it!
In school we pay for tuitions but only 5% make it to top colleges. The city of Kota practically runs on the IIT admission business and the top institutes and Professors are making crores but less than 0.01% get into IIT.
Scores pay for Cricket Coaching and Acting Lessons but forget Virat or Shahrukh, they dont even end up in club sides or as extras. But our Trading community is unique. People pay to learn but they expect that after this they should at least reach Soros's level in a few months
No concessions for them not having the ability or aptitude for it or their inability to put in the incredibly hard work and long hours that any field worth succeeding in requires. They just want to blame their failure on someone else.
The scam is not that someone is taking their money to sell them a dream that they so desperately want to be true but it is that they actually believe in the dream and think that by spending a few hours and a few thousand rupees they will realize it.
Why not dream bigger? Scores of Godmen in India who promise you everything from a happy and healthy life, a beautiful wife, material success and even heaven afterword. Why not take them up on this more attractive offer. And they might even be able to predict the Markets better
