Business

Online Trading: How to Spot Scams

Published

5 years ago

September 28, 2020

Online brokers and stock trading moves billions of dollars per day, and more and more people are interested in entering this “new” profitable business.

About stock trading though, we have always to remember that there is no “magic formula” for achieving success in the financial world, and risks are everywhere. You can easily lose all of your investment in a blink of an eye if things turn rough on the market and you didn’t brace yourself and made the right adjustments.

That is why the internet is filled with misinformation about this world, mostly spread by incompetents or scammers and their fake online trading courses.

Anyway, there are websites like OnlineTradingCourse.net that are an extremely valuable resource to understand where and when to invest and discover the best assets on the net.

But, most importantly, you can find on this platform an huge amount of info to start learning how to trade online thanks to stock trading platforms… and how to spot scams.

Thanks to this info that we gathered around the net on trustful sites like the aforementioned and other ones of the same type, we decide to categorize the most common way of scamming people on the stock trading market.

“Everyone is on the deal!” Sales Pitch

How many times we heard, not only in our financial field, that “Everyone is doing it, so you should do it!” or “If they do it, I’ll do it!” about this or that business going on? You should never follow, nor believe, these proclaims.

This is probably the oldest way to get caught (maybe with the ones who convinced you in the deal, if he or she is not the one who organized it of course).

These scams are usually called affinity frauds and usually are perpetrated against people coming from the same social group, cultural background or religious beliefs.

Limited only offers

This is another cross-scam that we can find basically on any business that involves selling, not only the stock market environment.

Every time someone tries to rush you in choosing their assets or products as fast as you can, you should realize that something is not right. If it would be all right, the deal will be there for a longer time, not only for a “limited time”.

No Proof of Legitimacy

Scammers can’t prove that they are legit by a registration with a regulatory authority.

For example, CySEC license is a must if you want to trade on the European soil with an online broker. If you think that an online broker is becoming increasingly suspect once you start using its services, you should contact the regulatory authority of your jurisdiction and check their list of regulated companies allowed to operate In that territory.

The regulatory authorities have usually not only a list of regulated companies, but also a list of open cases against regulated companies.

Do not rely on promises made on phone calls or online

Any information, statement, promise or deal between you and your potential new broker must be written. Anything else but written form communication is basically useless in legal terms.

That’s why you should always have a paper contract by your side for your own safety before starting in trading stocks or Forex.

Forex Robot Scams

These robost are nothing but trading programs supported by lines of computer code or algorithms as a technical signal to choose when to open and when to close trades.

With that being said, not all of those forex robots are “scammers”. There are also expert FX robots built using Expert Advisors (EAs), which are one of the most popular features of MetaTrader 3 and MetaTrader4.

To spot Forex robot scam, you can find useful Forex robot scam lists that will help you to find out right on the spot if you are dealing or dealt with these sophisticated algorithms.

Online trading courses also give you the right info about how to recognize right away a Forex robot scam.

Business

Scaling Success: Why Smart Habits Beat Growth Hacks in Modern eCommerce

Published

1 month ago

July 26, 2025

Matthew Wiles

There’s a romanticized image of the eCommerce founder: a daring risk-taker chasing the next big idea, fueled by late-night caffeine and last-minute inspiration. But the reality behind scaled, sustainable brands tells a different story. Success in digital commerce doesn’t come from chaos or clever hacks. It comes from habits. Repetitive, structured, often unglamorous habits.

Change, a digital platform created by eCommerce strategist Ryan, builds its entire philosophy around this truth. Through education, mentorship, and infrastructure, Change helps founders shift from scrambling for quick wins to building strong systems that grow with them. The company doesn’t just offer software. It provides the foundation for digital trade, particularly for those in the B2B space.

The Habits That Build Momentum

At the heart of Change’s philosophy are five core habits Ryan considers non-negotiable. These aren’t buzzwords; they’re the foundation of sustainable growth.

First, obsess over data. Successful founders replace guesswork with metrics. They don’t rely on gut feelings. They measure performance and iterate.

Second, know your customer deeply. Not just what they buy, but why they buy. The most resilient brands build emotional loyalty, not just transactional volume.

Third, test fast. Algorithms shift. Consumer behavior changes. High-performing teams don’t resist this; they test weekly, sometimes daily, and adapt.

Fourth, manage time like a CEO. Every decision has a cost. Prioritizing high-impact actions isn’t optional; it’s survival.

Fifth, stay connected to mentorship and learning. The digital market moves quickly. The remaining founders are the ones who keep learning, never assuming they know it all.

Turning Habits into Infrastructure

What begins as personal discipline must eventually evolve into a team structure. Change teaches founders how to scale their systems, not just their sales.

Tools are essential for starting, think Notion for documentation, Asana for project management, Mixpanel or PostHog for analytics, and Loom for async communication. But tools alone don’t create momentum.

Teams need Monday metric check-ins, weekly test cycles, customer insight reviews, just to name a few. Founders set the tone by modeling behavior. It’s the rituals that matter, then, they turn it into company culture.

Ryan puts it simply: “We’re not just building tools; we’re building infrastructure for digital trade.”

Avoiding the Common Traps

Even with structure, the path isn’t always smooth. Some founders over-focus on short-term results, chasing vanity metrics or shiny tactics that feel productive but don’t move the needle.

Others fall into micromanagement, drowning in dashboards instead of building intuition. Discipline should sharpen clarity, not create rigidity. Flexibility is part of the process. Knowing when to pivot is just as important as knowing when to persist.

Scaling Through Self-Replication

In the end, eCommerce scale isn’t just about growing a business. It’s about repeating successful systems at every level. When founders internalize high-performance habits, they turn them into processes, then culture, then legacy.

Growth doesn’t require more motivation. It requires more precision. More consistency. Your calendar, not your to-do list, is your business plan.

In a space dominated by noise and novelty, Change and its founder are quietly reshaping the conversation. They aren’t chasing trends but building resilience, one habit at a time.