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This review looks at a stock trading program known as Weed Millionaire. In this review, we will be giving you reasons as to why you cannot invest with this program. According to this website, investors can take advantage of the current weed legalization using this software. The program allegedly invests in the stock of companies dealing in weed business.
Now, according to the sales page, investors don’t have to know anything about stock investing. They also claim that this program will make us millionaires and we do not have to do anything to make this money because the program handles everything for us.
Is it true that a program like Weed Millionaire can make you a millionaire while you seat back and do nothing? Is it possible that a program that costs almost nothing can make you rich overnight? Chances are nearly zero.
Note: Only trade with recommended solutions.
Generally, Weed Millionaire and many other similar programs are a scam. If you look at Yahoo Finance, you will see that the average returns for the last 1 year was 9.7%. When we look at the profit figures, we realize that even if you invested in weed today, you would not be a millionaire in the next 1 year. That’s a fact going by the numbers that we have seen from Yahoo Finance.
In trading, there are many scams that tend to talk about past return. But in reality, you cannot fully depend on past returns to imagine that the kind of results you will get will be similar to the previous results. That’s just how trading is and nobody should fool you.
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Therefore, based on this argument, there is no way you can become a millionaire with a trading program like Weed Millionaire. We just need to take this logic as the only reasonable way of thinking to eliminate the possibilities of anyone becoming a millionaire with a pathetic system like this one.
If you want more proof that Weed Millionaire is just a scam and not a real trading program that can help you make money in your next investment endeavor, think about the reason why this site is using fake testimonials as a form of endorsement for the product.
If this was a legit program, it would have received genuine testimonials from real people who have tried their hands on this and made those millions. Now, everything about the photos of supposed users is fake. These photos have been lifted from other websites and used on the Weed Millionaire sales page for purposes of fooling the less experienced in stock trading. In reality, nobody has ever endorsed this program and you should also not expect any kind of endorsement on a cheap scam like the Weed Millionaire.
The reason this website is using fake testimonials is because they intend to build credibility. They only figured that the only way to create authenticity would be to copy paste pictures of random people on the internet and use them for purposes of fooling us.
Apparently, all scams don’t publish ownership details on their website because this would cause them more harm than good. All scams are associated with a faceless owner who does not introduce themselves to their audience and even if they do, they usually use fake names.
This website does not give us any ownership details and instead using the description of the product to distract us from wondering who the real owner of the trading program is.
All credible trading operations will either have a developer who is very well known or company executives who will not fear parading themselves in their about us page of their websites. So when you come across a website that does not say anything about the owner or operator, you should treat it as a red flag especially when the anonymous owner requires you to make an investment in one way or another.
This pathetic scam works the same way other scam trading programs work. The anonymous owner wants you to make a deposit with a certain broker called GMOTrading. The reason why they have teamed up with this brokerage is because they get paid when they refer traders who go ahead and deposit money into their live accounts.
They will never activate the software for use until you transfer a minimum of $250 from your account to the account of the broker in question. We are not even sure if this money will go to a segregated account since this is something that only regulated brokers will enforce. The rest of the brokers out there don’t see the need to have a segregated account for their customers, and the risk of trading with such a broker is very obvious. You will lose your money without having a chance to recover it.
And by the way, it also appears that GMO Trading does not have weed stocks on their platform. So you cannot trade this type of stock on this broker’s platform. That’s how misleading this scam can get.
The bottom line is that this software is a scam and secondly, there is no trading of weed stocks here. The only thing that this software is giving you is a bunch of indicators combined together to gamble the market. This kind of software was very common during binary options scams. They used it to scam people on the internet, and the idea of Weed Millionaire is not any different. In fact, we can see that this software resembles several other trading apps that we have reviewed in this niche.
Weed Millionaire is a scam and if you don’t want to lose your money, stay away from it. Don’t be fooled by this crappy app because there is no real algorithm that can help you trade efficiently to make money. Secondly, there is no weed stocks trading on the platform where they want you to sign up. Stick with these trading apps.
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Thanks I really enjoy your reviews What about DaxRobot?
Hi, DaxRobot is good. You can read the full review here. Thanks.