ICS – INNER CIRCLE OF SCAMMING
AN OPEN LETTER OF WARNING FOR SCAMMERS
A PRODUCT OF DCFX- TA
INTRODUCTION
Forex realistically is the biggest decentralized online business out there. Regrettably,
the forex business irresistibly attracts uncountable fraudsters and charlatans in various
forms and controversial methods.
Constantly remember, in order to challenge against someone you first require to
recognize the root of their methods and how they gain advantage over you. In
this document we are going taking a deep look at their methods and how to counter
them.
WHAT IS ICS?
ICS – Inner circle of scamming are methods that scammers use to gain a profit out
of you using false idea of making money online and making you a professional trade. At
most, they will come in different levels and use different type of methods in order to
lure their pray. My aim of writing this document is cutting their supply. And when
supply is cut the demand drops and when the demand drops they will go out of
bussiness. And idea of this is unaccpetable to them.
WHO ARE IN THIS SCAMMING BUSINESS?
We are going to look at the first type of person in this scamming industry.
SOME GUY WITH A SMARTPHONE THAT ONE DAY DECIDED THEY GONNA
SEND SIGNALS
These types of people are mostly typical in various telegram groups, promising frutre
profits and make quick profits. They frequently would not have a chart analysis to back
up their trades and options they take.
Methods: They appare when the market is going in their way and then completely
disappeared from time to time. Mostly target the new traders out there to this industry.
THE ATH ANALYSTS
These are the type of people who think they are future readers. In reality a retail trader
who is not profitable and with day another job.
Methods: When ever the market is bullish and trending they make analysis of the
market reaching ATH over night. And when the market reverse they think its just a
smart trap.
Target: In addition they target the unfamiliar traders out there and the slide to their
DMs without the public recognizing it.
MR KNOWS IT ALL
These types of scammers are everywhere. And this is the highest level of in the
scamming industry , these retail traders believe they are better than anyone else and
they think they generate more profits than the rest. And most of the time they don’t,
and they are stressed to see that someone else is doing better in the forex industry
then them.
Majority of the time they fail to provide any sorts of education for the members around
them since they require people to depend on them and support their services. That’s
how they generate profits and keep the bussiness running.
Methods: They always post screen shots of the trades which goes in their way and “its
relatively very few.” and will never send any which goes against them. Other methods
they use are, they will try to make other people beileve that they are better than
anyone else in this game. These people substantially are promoters or who owns their
own telegram channels (for scamming activites) and they are there to hunt for new
members.
Targets: They target for the inconsistent traders or traders who wants to learn in dept
of trading. And they will not let you do by making future promises that as to keep them
in business is cutting of the education for the people.
WHEN FOLLOWING SIGNALS
Not every trader has time to spend in front of the screen cause if their busy
daily schedule and other factors. And it’s very convenient to follow signals. But its
important to understand what signals to follow and what not to. As there are so many
scamming signal groups out there on the telegram its almost impossible to avoid
one. But you can always minimize the chances of getting in stuck with
a scamming signal group before they blow your account.
1. Always make sure to check if it is an actual professional forex company.
2. Make sure they have a trading-view verified account and show their trades
whether they go in their way or not.
3. Make sure they properly care about your money more than anything. By
this i mean, good risk and reward trades instead of randomly jumping
into trades saying 30 pip risk buy or sell.
4. Make sure the signal you are following is coming from a professional trader with
advanced trading experience.
CLOSING THOUGHT
It’s important to remember that you are the one who is going to take care of your
capital. And you are only the one can do that. No one else is going to accomplish that
for you. Don,t fall for the traps of these scammers cause they come
and go. And they are always there for one intended purpose, undoubtedly making you
relay on their offerings. And they don't won’t you to be educated enough to be an
independent trader. My aim here is to cut the supply for the scammers by educating
everyone whether its free or with a price tag around me regrading
trading. What i genuinely believe transparcy is important and whats
more important is being independent and not depending on someone else.