{"id":5496,"date":"2018-02-28T13:32:23","date_gmt":"2018-02-28T05:32:23","guid":{"rendered":"https:\/\/swingfish.trade\/blog\/?p=5496"},"modified":"2026-07-14T14:24:15","modified_gmt":"2026-07-14T07:24:15","slug":"phony-educators-signal-providers","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/library\/phony-educators-signal-providers-5496\/","title":{"rendered":"Phony educators &#038; signal providers"},"content":{"rendered":"<h2>how to find out they are legit or not?<\/h2>\n<p>Below is a (surprisingly simple) checklist on what you have to look at to filter out the wannabe&#8217;s.<\/p>\n<p>First of all, you should not trade signals at all, as they have ZERO educational value for you.<\/p>\n<p>If you &#8220;just&#8221; want to put some of your money to work, thats then of course a different thing. and far more advisable than putting it in the bank.<\/p>\n<p>SwingFish does offer a fat greater solution by guaranteeing gains of at least 9.55% with the risk-free offer. Whete you simply never experience a loss or drawdowns.<\/p>\n<p>Here are a few (mostly obvious) things you need to check on.<\/p>\n<p>If any of the things listed below are true: &#8220;Stay away&#8221;<\/p>\n<ul>\n<li>Advertised with images showing wealth and\/or expensive things (house, boats, cars, cash)<\/li>\n<li>Is there any documentary on the past signals? Not a website, twitter posts can not be changed so its easy to track. Chatrooms that do not allow deletion of messages.<\/li>\n<li>Promises xxx pips, that is completly nonsense, as the gained Pips are in direct relation to time and drawdown, a signal on the 15 minute chart claiming to make 1500pips is just as unrealistic as one from the weekly chart with a 15 pip stop. Also gaining 3000pips is not difficult, but if the trade require 6 months time and has to allow a 4500pip frawdown, there is very very little reward in taking it, as the reward is smaller than tje drawdown.<\/li>\n<li>Advertised as &#8220;make 500$ a month&#8221; immideate red flag! The financial reward is only bases on your account size!! Making 500$ on a trading account with 300.000$ balance is nothing, but if you have a1000$ balance the same gain would be massive. Anyone mentioning any fonancial values besides percentages, simply prey on your greed.<\/li>\n<li>No losing trades. Everyone loses! That is part of trading, if there are no recorded losses. Stay away!!<\/li>\n<li>Cost: nothing is free, and reliability is better enforced on a contract basis. However there are free sources like the SwingFish Signals, as the analysts try to build a reputation or SwingFish does pay for them. So its important to know the background on the pricing.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>how to find out they are legit or not? Below is a (surprisingly simple) checklist on what you have to look at to filter out the wannabe&#8217;s. First of all, you should&hellip;<\/p>\n","protected":false},"author":1,"featured_media":433652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[],"class_list":["post-5496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-library"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/5496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=5496"}],"version-history":[{"count":2,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/5496\/revisions"}],"predecessor-version":[{"id":433653,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/5496\/revisions\/433653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/433652"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=5496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=5496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=5496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}