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Coffeezilla - Youtuber "Proves" People are Lazy with DayTrading (www.youtube.com)
submitted 1 year ago by to c/videos@lemmy.world
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OK, I don't watch this guy's stuff all the time but he seems smart and he shines light on bullshit. This video is about a youtuber Cody "Whistlin' Diesel" allegedly day trading with some guy named Alex. As you can imagine, Alex is selling a scam.

FOREX is no joke and there is apparently an entire industry of people scamming financial newbies with prop accounts. That's terrifying. If you're thinking about your money and want to make some quick, please avoid this bullshit.

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[–] [S] 7 points 1 year ago* (last edited 1 year ago)

Yes, a hundred times this. People are always inventing new bullshit to scam the people who are just coming up and haven't been taught lessons like this. Making a $500 mistake is really nothing in the grand scheme but when I watched this video I realized people could be on the hook for $10k or $150k or even $300k if their credit was good enough.

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