These trading 'signals' groups (HOW?)

So I have seen my friend has been doing affiliate marketing with these forex trading CPA offers
He gets paid when someone deposits money to these brokers

Once they have deposited they are then entered into a telegram group which sends 'signals' or basically when they think you should trade

I know this guy personally and I know he knows NOTHING about trading or anything like that, so my question is: Is there somewhere else he sends this group to? Does he just send random shit in this group? Is he providing any value to them after they deposit?

I am looking to replicate his process/funnel and am stuck on this, aside from joining someone else's group and just reposting their signals to my group

Am I missing something obvious?

Anyone with any ideas or input I would super appreciate it!

It sounds like a pump and dump scheme. He gathers a big enough group with enough capital to affect stock prices, then he finds small stocks that are easily swayed in price by his group. Then he buys the stock himself and only after that sends signal about the stock to his group, and sells at the peak his signal makes, getting a nice profit along with the CPA bonus.

vodkacola said:

It sounds like a pump and dump scheme. He gathers a big enough group with enough capital to affect stock prices, then he finds small stocks that are easily swayed in price by his group. Then he buys the stock himself and only after that sends signal about the stock to his group, and sells at the peak his signal makes, getting a nice profit along with the CPA bonus.

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You are waaaay off.
Forex is not bitcoin or any altcoin.
Look it up. It is $5 Trillion daily turnover market.

@OP
My guess is, he might be copying the signals from someone else who is actually good at trading forex. There are plenty of people (not gurus) that are actually good at trading forex.

Deleted member 923340 said:

You are waaaay off.
Forex is not bitcoin or any altcoin.
Look it up. It is $5 Trillion daily turnover market.

@OP
My guess is, he might be copying the signals from someone else who is actually good at trading forex. There are plenty of people (not gurus) that are actually good at trading forex.

Click to expand...

Google told me I had a completely wrong idea of what forex means.

I think the signals can't be super good in this case. If anyone had 'cracked' forex trading and would be able to consistently turn any decent % profit they wouldn't need to sell that info. They could just reinvest their own profits and soon be a millionaire.

vodkacola said:

Google told me I had a completely wrong idea of what forex means.

I think the signals can't be super good in this case. If anyone had 'cracked' forex trading and would be able to consistently turn any decent % profit they wouldn't need to sell that info. They could just reinvest their own profits and soon be a millionaire.

Click to expand...

You are wrong again.
There is no "cracking" the code. It is about keeping Risk:Reward ratio of at least 1:2 every trade open, and having a profit end of the month/year.

It is pretty stressful at times.

Deleted member 923340 said:

You are wrong again.
There is no "cracking" the code. It is about keeping Risk:Reward ratio of at least 1:2 every trade open, and having a profit end of the month/year.

It is pretty stressful at times.

Click to expand...

wow you're a smart squirrel. I want to kiss you with a #nohomo kiss.

Deleted member 923340 said:

You are waaaay off.
Forex is not bitcoin or any altcoin.
Look it up. It is $5 Trillion daily turnover market.

@OP
My guess is, he might be copying the signals from someone else who is actually good at trading forex. There are plenty of people (not gurus) that are actually good at trading forex.

Click to expand...

Yep, there's a lot of crypto people doing the same too.

They don't even rewrite the messages lol

Deleted member 923340 said:

You are wrong again.
There is no "cracking" the code. It is about keeping Risk:Reward ratio of at least 1:2 every trade open, and having a profit end of the month/year.

It is pretty stressful at times.

Click to expand...

Risk:Reward in trading is always somewhat subjective, like in gambling. I just think that if you could consistently predict where the market is going you would be wasting your knowhow selling signals to a telegram group.

vodkacola said:

Risk:Reward in trading is always somewhat subjective, like in gambling. I just think that if you could consistently predict where the market is going you would be wasting your knowhow selling signals to a telegram group.

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I can keep arguing about this man. Forex is the next thing I know best after programming
But I think, we hijacked OPs thread. So I'm gonna stop now.

vodkacola said:

It sounds like a pump and dump scheme. He gathers a big enough group with enough capital to affect stock prices, then he finds small stocks that are easily swayed in price by his group. Then he buys the stock himself and only after that sends signal about the stock to his group, and sells at the peak his signal makes, getting a nice profit along with the CPA bonus.

Click to expand...

I understand what you're saying and very common practice in crypto but yes as you found out i dont think it applies here

Deleted member 923340 said:

@OP
My guess is, he might be copying the signals from someone else who is actually good at trading forex. There are plenty of people (not gurus) that are actually good at trading forex.

Click to expand...

Yep this would be my guess too. I know he has 0 knowledge in the area, so he must be reposting from someone else. thanks for clearing that up!!