Who Is Arty?
Arty, known for his YouTube channel ‘The Moving Average’. He creates content related to Forex and Crypto trading. While many newcomers find his videos accessible and motivating, it’s vital to adopt a critical perspective when faced with potentially dangerous trends in trading education. It’s important to note that we aren’t accusing Arty of any illegal actions, or directly calling him a scammer.
Our purpose with this article is to equip you with the tools to dissect these types of flashy “get-rich-quick” messages. Recognizing common red flags and deceptive tactics can protect you as you navigate the world of trading information, avoiding both financial loss and a disillusioned view of the markets.
How to Spot a Trading ‘Guru’ Scam
In the fast-paced world of social media and instant information, it’s hard not to feel that elusive ‘fear of missing out’. This sense of others finding secret paths to rapid success applies to financial trading as much as anything else. However, this emotional urge is exactly what ‘gurus’ seek to exploit by convincing you that you’re already losing by not following them. Don’t let that pressure take over! Here are some key red flags to spot before letting anyone guide your financial decisions:
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“It’s Easy, I’ll Show You!”: If trading were actually this straightforward, everyone would be rich. The truth is, that trading is an immensely complex skill that takes years of study and consistent learning to master. Any pitch that reduces it to simple steps or magical formulas is inherently deceptive.
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Guaranteed Profits, Limited Time Offers: This one is common sense, yet fear drives us to ignore it. No financial investment can ever guarantee returns. Markets are ever-changing, and strategies have limited ‘perfect’ conditions. Those selling easy, foolproof answers are often only out to profit themselves, not teach you a viable, adaptable model for consistent growth.
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The “Secret Ingredient” No One Else Knows: If a strategy were genuinely so revolutionary and profitable, why would anyone sell it, let alone at bargain prices? Often, this ‘secret’ is simply repackaged basic information dressed up in flashy sales talk and buzzwords to appear far more powerful than it is.
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My Success is Your Success! (For A Price): When ‘gurus’ focus more on extravagant displays of wealth than their actual, long-term trade wins/losses, you should be wary. It’s easy to sell the idea that having lots of money means someone inherently knows where the markets are going next. In reality, anyone can get lucky now and then, or have funds from other unrelated businesses they use to create an outward appearance of expertise and success.
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Proof? Who Has Time for That! This might be the most important red flag of all. While everyone has to start somewhere, a person without a substantial, independently verified track record shouldn’t be selling advice they haven’t yet consistently executed successfully. It’d be like going to a driving instructor who doesn’t yet have their license – what can they teach you besides second-hand knowledge?
Remember: These signs alone don’t equal instant scams. Some are natural ways to try and sell yourself. It’s when many occur together, alongside a lack of transparency, that your trading skepticism needs to go on high alert.
Why Smart People Fall for Trading Scams
It’s easy to fall into the trap of thinking, “I’d never get played like that!”. Unfortunately, understanding the emotional factors these scams often leverage has nothing to do with intellect. Here’s why even savvy folks can find themselves in risky situations:
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Everyone Is An Overnight Success (Apparently): Media narratives tend to glorify those who seem to “beat the system”. We hear about the young trading phenoms with their flashy lifestyles, but not the years they likely spent in obscurity studying and losing money on bad trades. These curated success stories paint a distorted picture of what’s achievable and how quickly, fostering desperation for shortcuts.
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Social Media: Smoke and Mirrors: Platforms like Instagram are designed to promote the best moments. A trading ‘guru’ who makes even occasional good trades can flood feeds with those wins while keeping losses largely hidden. This builds a misleading view of trading as easy and constantly lucrative, fueling unrealistic expectations in newcomers hoping to emulate that curated online persona.
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Hardship Breeds Irrationality: When facing difficult financial situations, stress impairs logical judgment. Fear of remaining trapped in financial constraints amplifies susceptibility to any message promising a faster way out. Even rational investors can slip into reckless gambles with the promise of easy, magical trades to alleviate hardship.
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Loneliness Feeds into Hype: Learning new skills is daunting, trading even more so. If your peers online all seem to be succeeding effortlessly, while you face slow progress (the true norm!), it’s understandable to feel like you’re doing something wrong. Gurus exploit this, creating a strong sense of community amongst followers which, while initially supportive, ultimately builds greater susceptibility to group pressure and a reluctance to criticize potentially dubious strategies.
The Disturbing Takeaway: Trading isn’t simply about mastering charts and formulas. Your own emotions, especially in response to stress and frustration, become a core vulnerability some gurus knowingly exploit. Understanding this helps protect you! While there may not always be a villainous intent behind poor advice, knowing these psychological tactics helps you spot misleading information before jumping onto any trading bandwagon.
Is Arty/’The Moving Average’ Doing This?
It’s important to keep in mind this isn’t about direct accusation, but rather recognizing how the following tactics (common across many ‘guru’ figures) might mislead:
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Focus on Lifestyle, Not Strategy: While it’s fine to be motivated by goals of financial freedom, but ‘The Moving Average’ presented luxury trappings as the primary outcome of trade wins without showcasing hard work, this is concerning. In one of his video he showed off all his expensive belongings which include his cars, collection of luxury watches, even his levish dinners and many pairs of expensive shows. It reinforces the ‘get rich quick’ mythos, downplaying the time and effort involved in developing genuine trading skills.
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Success Stories Sold, Process Hidden: Does he feature students who quickly hit big wins seemingly based on his calls? That’s the easy sell! What isn’t showcased is the person’s complete trade history, strategy evolution, and any losses they experienced along the way. Trading has ups and downs. A misleading representation of only one side skews how beginners understand risk. In this scenerio we currently have not find any success stories from his channel. So, we cannot say anything about it.
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Cherry-Picking Results: Arty, like most traders, occasionally makes a good trade that ends up being correct. The deceptive ‘win’ comes in overselling these outcomes with claims of mastery or superior insight when a bit of luck can heavily influence such short-term success. Any time wins are displayed but potential losers and their impact are glossed over, this lacks the responsible transparency that traders need.
- Shady Background: When conducting research on a fake trading guru, you will often uncover a shady past. These individuals typically have a history of involvement in various scams. The same holds true for Arty. He was the CEO of the Coinsloot project, which turned out to be a scam. In one of his videos, he confessed to knowing it was a scam and admitted to making as much money as he could to secure his own future. He expressed this without remorse, acknowledging that he had essentially stolen someone’s hard-earned money.
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Contradictions Abound: Most of the fake trading gurus have the habit of contradicting their own previous statements. This tendency stems from their unprofessional behavior and desperation for money. Unfortunately, Arty exhibits this habit. He has contradicted his words many times. One example is that in a video from 2021, he stated that he would never charge money for teaching, as he already earns from YouTube and simply wants to educate people. However, in 2023, he launched a course charging 19.99 euros per month.
Important Disclaimer: We can analyze his techniques as potential red flags, but it’s also possible (if less likely) that his occasional losing trades don’t make it into the video spotlight. However, when a ‘guru’ shows more interest in celebrating immediate highs without teaching critical risk management through both losing and winning periods, this needs to be highlighted for viewer protection.
How to Protect Yourself as a New Trader
By now, you understand the risks of trusting promises of fast, easy trading riches. Trading isn’t impossible to profit from, but the true winners have more patience and persistence than anything else. Here’s how to get started while minimizing your risk of scams or poor trading advice:
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Embrace Smaller Stakes: (Especially at First) Dreaming of turning tiny investments into huge sums is common, but it’s like the lottery for traders. At the outset, you should trade amounts so tiny that losing them entirely wouldn’t hurt your savings or cause emotional panic. It’ll take self-discipline, but think of it as paying for an essential education you don’t want to rush through.
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Free Has Power: Contrary to popular belief, valuable market analysis, strategy breakdowns, and even basic concept knowledge exist without expensive online courses. Reputable websites, YouTube channels focused on education (not flash), and online trading communities are where truly committed learners thrive. [If relevant, you could list 2-3 reliable examples here]
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Community Is Critical: Forums where experienced and honest traders discuss both their wins and their losses (in constructive ways!) become powerful classrooms. Newcomers don’t feel alone or pressured because honesty about setbacks (the true norm of trading!) is encouraged. Active, well-moderated forums create an educational network far outweighing many single-guru offerings.
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Seek Paper Trading Platforms: These aren’t ‘kid stuff’ tools! Paper trading uses fake money to simulate market activity, letting you execute trades, monitor price movements, and test strategies. This removes the emotional component of losing actual funds—essential for beginners building up both skills and the mindset that manages both excitement and potential mistakes.
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Mentorship (If You Must): Paid help isn’t inherently bad, but skepticism is always required. A truly valuable mentor has these traits:
- Verified Results: They are profitable themselves over consistent, non-trivial timelines, ideally audited by an independent source.
- Student Focused Strategy: Their primary goal is to teach you how to analyze the market independently, not keep you eternally reliant on their trade alerts.
- No Wild Promises: A true mentor promotes self-discipline and a process with realistic risk expectations. They never try to make you feel bad for the inevitable learning curve and market losses that everyone experiences along their path to progress.
The most successful traders will likely have learned from many diverse sources over time, as no single person or strategy works 100% of the time in all market environments. You don’t want a ‘guru’; you want to become a trader.
Conclusion
The world of trading allure you with dream of rapid wealth, and sadly, there will always be those capitalizing on that desire. Your critical thinking skills are more powerful than any single ‘hot tip’ you buy into. Don’t feel ashamed if you were initially drawn in by promises of overnight riches—everyone falls for a cleverly built narrative of instant ease sometimes. It takes real resilience to walk away and decide you will take charge of your financial success responsibly.
Trading success has more in common with slow, calculated risk management than any flashy short-term gambles. While it won’t always be comfortable, approaching trading with the following mindset keeps you grounded while maximizing long-term growth potential:
- Losses are your greatest teacher (if you choose to learn from them).
- Free or affordable learning avenues exist for dedicated students seeking them out.
- Online communities provide support and honest analysis that’s crucial to keep realistic about what markets, at their core, really are.
- Your goals – be they modest side income or grand long-term targets – remain the focus. This prevents getting sidetracked by ‘lifestyle’ images meant to sell courses, not build self-reliant expertise.
It might seem a bit less dazzling than what gurus present, but this pathway of dedication and intelligent study can yield truly impactful long-term wins.
