I don’t think people intend to post strategies that don’t work. It’s the best they know and that’s how I tend to think before considering calling it scams. In the end, we are all responsible for the way we trade, and we have demo’s to try whatever strategy. On the other hand, it’s easy to take some strategy and criticize it afterwards, while you didn’t try to build your own. But I do agree that some have a fairly decent working strategy going for them, and they build a whole company around it and are very successful by trading for others, while I know what my results are and how little real investors knock on my door. I’m not advertising my results in a way these companies do, while I know I can compete (even beat) the best of them as I’ve shown a select few.
This makes me draw the conclusion that the way they advertise and have fancy websites is crucial for them, bowing to all kinds of rules and regulations, cause it’s survival for them. I know the future holds great things for those that understand what I’m talking about, but through these kinds of websites advertising strategies you will get the same results over and over again, and for some keep on losing while instead, they can have a weekly income slow and steady. So to answer the question, I don’t believe intentional harm doing but a way of survival in a world where everyone is looking for the golden egg, while it stares them in the face but blinded by ego’s, impatience and greed. Talking about scams means you have been let down by an expectation which caused that way of thinking in the past. Is Forex real? Yes. Do some Strategies work? Yes. The question is… Does it work for you and will you have profit next week or not. No one else but you is responsible for the decisions you make.