Some of the stock investing claims are very similar to all the online marketing business opportunities. They say that they have found an incredible and little known secret which has been used secretly by banks for centuries to make money. They tell you that they have cracked the code and have the formula for choosing the winning stock trades. They promise you all kinds of valuable free reports if you will sign up with them.
Most people who are trying to make money online or in the stock market are open to suggestions from others. They want to share in the expertise that others have developed for being successful. Almost everyone is trying to earn more money, and they are often willing to accept advice.
One example of a stock trading deal came through on an email sales letter. It stated that this is not gambling, nor is it trading or even investing. It is a guaranteed, risk free profit center which brings in money every few hours with no chance of a loss. You are told that you can make money from day one and keep earning for the rest of your life. There is no requirement that you have any prior education or knowledge. You can use this totally honest and legal method almost anywhere in the world. This sounds like a scam because it sounds unbelievable and makes too many outrageous claims.
All reputable stock services make the disclaimer, which is required by law, that there is no guarantee of earnings and that there will be losses along the way. They never claim that there will always be winners with no losses.
There are a lot of very smart people who are touting various stock trading programs and newsletters. They always say that there are losers along the way. They just say that their winners have always made up for any losses. They have testimonials of satisfied clients who insist they are earning large sums of money by using the service. Although they do sound too good to be true, some of it is happening for some lucky people.
Prospective customers always want to know how much will it cost and how much will we make. The cost is generally a known factor, and there is often a guarantee that if people are not successful within a certain period of time, they may get their money back. However, there is no way to know how much a person will earn. There are many variables such as how much money is put into a trade, when it is executed and when it is exited.
It is hard to tell what stock market deals are scams, but it seems that many are legitimate opportunities from people who truly believe they can help you earn money. Whether it works for you or not depends largely on you.
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