Oh, honey, gather ’round! The legendary Peter Brandt, a commodity trader with more experience than your grandma’s knitting club, has dropped some hot gossip on his X account. 💼✨ And no, it’s not about crypto-but trust me, this tea is piping hot for anyone dipping their toes into the trading pool. 🌊
🚩 Three Red Flags That Scream “Scam!” 🚩
So, Peter’s talking about these “Sim for Payout” scammer firms-basically, shady proprietary trading companies that make promises faster than a Tinder date saying “I’m different.” According to our trading guru, these jokers lure you in with:
- “Live funding in a matter of days”-because who needs patience when you can have instant gratification, right? 🤑
- “Lots of screenshots and bells and whistles”-aka, more flash than a disco ball at a 70s party. 🕺✨
- “Pimp affiliates”-yes, he said “pimp.” These are the fake promoters who’d sell sand to a desert. 🐪
Basically, they target young, inexperienced traders with promises of fast cash, flashy hype, and a side of deception. Yikes. 😬
Criteria for the Sim for Payout scammer firms you should avoid:
Live funding in a matter of days
Lots of screen shots and bells and whistles
Pimp affiliates– Peter Brandt (@PeterLBrandt) August 5, 2025
Oh, and when someone asked him to name names? He clutched his pearls and said, “I refuse!” But then, in classic cryptic fashion, he dropped four “names” using only the first and last letters. Iconic. 🤫🔍
💡 More Wisdom for the Trading Newbies 💡
Peter didn’t stop there-he also schooled us on the myth that you need a fortune to start trading. His words? “A big pile of B.S.” 💩 If you can’t handle a small account, he says, you’ll blow a big one too. “AUM means next to nothing,” he quipped. Mic drop. 🎤
Some novice and aspiring traders believe they need much larger capital than they have to be successful
I have never heard such a big pile of B.S.
If you cannot trade successfully with little they the same will be true with a lot
AUM means next to nothing
The best traders are…– Peter Brandt (@PeterLBrandt) August 5, 2025
His secret to success? Mess up, learn, and keep grinding. “The best traders are those who grind it out all by themselves through trial and error,” he said. And his pro tip? Start with hypothetical accounts-they’re free, darling! 🤑💻
So, there you have it. Peter Brandt’s wisdom, served with a side of sarcasm and a dash of emoji flair. Now go forth, trade smart, and avoid those pimp affiliates like they’re last season’s trends. 👋✨
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2025-08-05 16:44