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MT4 - The Safety Trade
Updated June 5, 2023
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#1 (permalink )
Boulder + CO
Experience: Intermediate
Platform: NT , MT4
Trading: Emini
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Been watching this trader below on YouTube the last few weeks and thinking of buying his trading package. He seems to be pretty accurate.
Any users on the site have any positive or negative feedback with him?
https://www.youtube.com/@thesafetytrade
Can you help answer these questions from other members on futures io?
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#2 (permalink )
Legendary Market Wizard
Quebec Canada
Experience: Intermediate
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Trading: ES, NQ, YM
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fryguy2
Been watching this trader below on YouTube the last few weeks and thinking of buying his trading package. He seems to be pretty accurate.
Any users on the site have any positive or negative feedback with him?
[yt]https://www.youtube.com/@thesafetytrade[/yt]
I have used Chat GPT to evaluate the marketing text published on his latest post on youtube ( source )
Here is my request to chat GPT:
Quoting
Can you evaluate a marketing text and determine if it is credible ?
Chat GPT:
Quoting
Yes, I can certainly help you evaluate a marketing text and provide feedback on its credibility. Please provide me with the text you would like me to evaluate, and I'll do my best to assess its credibility.
Marketing text:
Quoting
Bingo Boppo Bango!!!
NAS100 has hit its 1 minute blue line as called out live in the previous YouTube video and SPX500 and US30 have both dropped down too - so youre in the money on those as well and they ahve not hit thrier blue lines yet.
Please dont forget these downward calls are only setting up a higher time frame buy stop - so look out for 15/30 minute buy stops on all three indices.
Why does it matter that I am able to make trades like these?
Because its proof to you that my system works - and is able to call out trades days before they happen. Meaning you could have played and should have played any and all buy stops on US30, NAS100 and SPX500 until they hit the US30 - 30 minute blue line.
It also matters to you because it means if I can learn to do it - so can you!
Because I make these calls - based - on my system - that means that my system is a step by step way of trading, and that I can teach it to you.
So- please - Buy my system- so you can finally learn to trade for your self.
I color coded it - meaning - I made it so simple a child can recognize the patterns.
A child? Really??! Yep - really.
One of my members sent me a video of his 4 year old calling out a sell stop. A 4 year old.
Let that sink in. So if a 4 year old can recognize my trading patterns - you can too!!!!
Heres the youtube video of her calling out a sell stop - lolol-
• The Safety Trade....
God Bless!
Kev & Bri
Chat GPT evaluation:
Quoting
Upon evaluating the provided marketing text, here are some observations regarding its credibility:
1. Exaggerated Claims: The text contains several bold claims, such as the ability to predict trades days in advance and achieve a 95%
win rate . Such claims are often associated with dubious marketing tactics and should be approached with caution.
2. Lack of Evidence: The text mentions a YouTube video where trades are called out live, but there is no link or specific reference to support this claim. Without verifiable evidence, it becomes difficult to assess the validity of the system being promoted.
3. Emotional Manipulation: The text employs emotional tactics to create a sense of urgency and excitement, emphasizing the potential for financial success and suggesting that failure is the norm for traders. This approach is commonly used in marketing but does not necessarily reflect the actual effectiveness of the system being promoted.
4. Lack of Transparency: While the text mentions a trademarked and patent-pending system called "The Safety Trade System," it does not provide detailed information about the system or how it works. Transparency is important when evaluating the credibility of a trading system or strategy.
5. Unsubstantiated Testimonials: The text mentions a video of a 4-year-old child making successful trading calls but does not provide the video or any additional evidence to support this claim. Testimonials without proper verification should be considered with skepticism.
6. No Regulatory Information: The text does not mention any regulatory compliance or provide information about the company or individuals behind the system. It's important to consider the legitimacy and regulatory status of any trading system or service before investing.
Based on the above observations, the credibility of the marketing text appears questionable. It is advisable to conduct further research, seek independent reviews or testimonials, and exercise caution before making any financial decisions or purchasing the promoted system.
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#3 (permalink )
Site Moderator
Western Florida
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Posts: 7,860 since Jan 2013
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fryguy2
Been watching this trader below on YouTube the last few weeks and thinking of buying his trading package. He seems to be pretty accurate.
Any users on the site have any positive or negative feedback with him?
[yt]https://www.youtube.com/@thesafetytrade[/yt]
trendisyourfriend
I have used Chat GPT to evaluate the marketing text published on his latest post on youtube (
source )
This evaluation sounds right on, based on a quick look I took of the site. "Doubled an account in less than one day LIVE...."
I would be very cautious, and the criteria used by ChatGPT look extremely relevant here. I suggest people keep them in mind when evaluating any marketing claims.
In general, most trading vendors would fail them. There is a reason for this: making money by trading is not that easy.
Be careful.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
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Last Updated on June 5, 2023