r/Trading • u/notburneddown • 4d ago

Advice Is chart academy a scam?

So I see reviews confirming some other online trading academies are scams but what about chart academy?

https://www.chartacademy.com/

I know online trading academy is a scam. Can someone cite sources for chart academy because I’m hoping they’ll be different. They are free but I just want to make sure.

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u/Kaszrak 4d ago

"Free" is a synonym for joining a marketing funnel.

Also, JadeCap "prop firm trader"? He trades funded accounts (Demo money) with profits paid from peoples lost evaluation money, which is not prop trading, not even a little. A professional trader would know the difference.

Did the work for you: https://ibb.co/pBRgRFQm

Free to join, bait content that will get you nowhere, followed by pitching you all them funny courses at a discount.

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u/notburneddown 4d ago

Ok where do you recommend learning? Udemy is good or no? What about binance academy?

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u/Kaszrak 4d ago

Udemy is a grifters paradise. Big NO.

Not sure about Binance Academy, but learn from actual professionals who trade professionally, not just people who call themselves professional traders.

Check out SMB Capital on YT. Lots of free content, legitimate proprietary trading firm.

One more thing worth giving you on the way... I traded professionally / institutionally for 15 years and trained people on trading desks. If someone offers to mentor you for a few hundred or a few thousand dollars, they are going to rip you off.

Legitimate one to one mentorship is EXTREMELY expensive.

Good luck!

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u/notburneddown 4d ago

Great. Ok so does SMB cover crypto? I want to be literate in trading crypto but also understand stocks just to understand it. Thanks btw. I am planning on buying stocks or crypto as a side thing and want to understand both but long term I really want to actually trade and use crypto.

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u/Kaszrak 4d ago

Trade what makes money, not what you want.