Investing in Copytrading, Please advice me!

So a few weeks ago i met a guy from online via whatsapp, he said he could help me make money online, Tbh i just turned 23 last month, I have never done trading in my life and i still don't understand it.
He sent me the following Key Points for Joining his Mentorship programme.

You don’t send us any money

You open your own personal trading account with our recommended broker ‍

100% of the profits you make are yours

We show you how to easily open and close trades

You will be copying trades from expert traders

We teach you about risk management to protect your account from big losses

We provide short video’s explaining how to place trades using the MT4 app on your phone

No previous experience needed ‍

The group is 100% free


plus he said £300 into the broker, you don't pay me.

I am currently on my last £500, if i lose this money i don't have any other means of making money.

DO YOU GUYS THINK I SHOULD JUST RISK THE MONEY AND JOIN HIS MENTORSHIP, FOR ME I WANT TO JOIN IT SO BAD BECAUSE ALL MY ONLINE BUSINESS HAVE STOPPED AND AM LOOKING FOR A WAY TO MAKE SOME CASH AGAIN.

PLEASE GUYS ADVICE ME PLEASE, I DON'T WANT TO MAKE A DECISION I WILL REGRET LATER ON.


These are his socials : https://linktr.ee/TaylorMartin.Mone...LTOgegeeSe7vX-Ikuc_aem_YIYUrUtiyW0QJpJJ1xJ2tw

You will definitely 100% lose money. No one gives time, effort for free. He is making you signup to his recommended broker so he can earn his commission cut, he might place many instant trades from your account to get more commission or might be any other catch.

Smexy said:

You will definitely 100% lose money. No one gives time, effort for free. He is making you signup to his recommended broker so he can earn his commission cut, he might place many instant trades from your account to get more commission or might be any other catch.

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Thats what i thought, i was wondering who could do that also i checked his telegram channel it has dropped some followers from 516 to 509 past 2 days.

Thanks for the advice, though i keep on seeing on youtube this is like the new trend they buy signals from somewhere then they earn some commisions from the trading profits their subscribers make, its like what you said its like some affiliate system that is continues every trade profit they make their students or subscribers make, they also make money from that, its like a life time subscription.

Last 500 and you're still willing to risk it like that?
Don't fall for it.

NirvanaWolf said:

Last 500 and you're still willing to risk it like that?
Don't fall for it.

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what should venture into ?

sandiegocutestkneegrow said:

what should venture into ?

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My advice would be to get a job and have some financial stability first before trying things independently.

NirvanaWolf said:

My advice would be to get a job and have some financial stability first before trying things independently.

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Currently i am in Africa, i have no connections, I have applied different Jobs nothing ever came up.
I started doing online work was making $1000 weekly, then everything my customers just started to fell off.
Advicing me to get a Job would be a rather tough situation, because lets say i get a job maximum they will pay me is like $500 monthly plus they will over work me with such little pay, if maybe i had a connection with some big CEO company, i wouldn't even be here asking for advice lol.

so its kinda tough situation for me now, but i will get through.

i think you should just bypass such offers unless you want to lose money

nobody does work for free come on broooo
Sound like a scam, I would pass

sandiegocutestkneegrow said:

You open your own personal trading account with our recommended broker ‍

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This is enough to believe that this is a scam.

I also have been scammed by this technique, they will ask you to send payment to a specific BTC address that would be theirs.

And by the time you send money, you will start seeing the profits in your dashboard which is totally fake. And when you try withdraw that money, you couldn't do it, you will need to ask the support to help you withdraw the profits but they will ask for more money to process it but even you send the processing fee they would send money because they are just the scammers.

MagicP said:

i think you should just bypass such offers unless you want to lose money

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okay thanks

Thunder Digitals said:

This is enough to believe that this is a scam.

I also have been scammed by this technique, they will ask you to send payment to a specific BTC address that would be theirs.

And by the time you send money, you will start seeing the profits in your dashboard which is totally fake. And when you try withdraw that money, you couldn't do it, you will need to ask the support to help you withdraw the profits but they will ask for more money to process it but even you send the processing fee they would send money because they are just the scammers.

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Wow i never knew such things would exist, but for me i have worked in cyber security before i think it would be easy to see.

But speaking of brokers, its true the guy insisted that i use their specific broker with a minimum of 300 euros

sandiegocutestkneegrow said:

Wow i never knew such things would exist, but for me i have worked in cyber security before i think it would be easy to see.

But speaking of brokers, its true the guy insisted that i use their specific broker with a minimum of 300 euros

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On their website, there would be some broker profiles to make you believe more. You will be sending money to a specific address which is theirs and once you send payment that can't be recovered.

Hi guys so its been almost three months, Since i posted this about copy trading thing.
I listened to your advice and boycotted the guy, but one thing is i never gave up.
So i went ahead and searched till i found two guys but one who really helped me alot.
He taught me about funding and prop firms and helped me enroll in a prop firm, i pay him 100 euros monthly for trade signals

he is a legit guy, if you want further confirmation you can send me a dm.
Also if you think am lying am free to give any mod details to prove my case.