SE ACADEMY FREE UPDATE Review – Deceptive Signals from a Deceptive Telegram Channel

With an influx of various types of channels that provide trading signals, Telegram became one of the best places to get a lot of information about trading opportunities for fast money-making. SE ACADEMY FREE UPDATE is one of these channels, gathering nearly 35 thousand subscribers from April 2020 to now. However, analyzing this channel's activities in more details, the conclusion about deception becomes obvious.

This review is aimed to give you some insights about the activity of this channel and to uncover the tricks it uses to deceive people. Moreover, we can say about it that it is one of the "scam trusts".

Channel Overview 

Telegram Channel Link - https://t.me/smartearnersacademyllc

Feature	Details
Channel Name	SE ACADEMY FREE UPDATE
Date Established	27 April 2020
Subscriber Count	34,965
Average Daily Posts	~10
Average Views per Post	~6,000
Social Networks/Website	None
Main Content	Free trading signals, trading results, promotion of paid premium channel.
Free Education	No
Trading Style	Scalping
Primary Market	Gold (XAU/USD)
Trading Sessions	New York and London
Paid Service	Paid premium channel. No VIP subscription bot.
Real Person Behind Channel	No. The operator is anonymous.

The Deceptive Tricks of SE ACADEMY FREE UPDATE

Despite its active posting and high views count, this channel's statistics proves that there is an illusion of success here. This review is aimed to analyze this channel's activities and to point out the critical red flags about it, helping you to identify that it belongs to the category of "scam trust" channels.

At first sight, the signals offered by this channel look professional and even theoretically correct from the point of Risk to Reward (R/R) ratio. However, a deep look into their standard signal format helps us to uncover the main trick of this channel.

Example of typical Signal Format:

EURGBP Sell Limit

ENTRY: 0.678

TP1: 0.8640

TP2: 0.8600

TP3: OPEN FOR SWING

According to the backtesting of their free signals during the last six months, there is one statistic that plays a critical role: their average winning rate is merely 24% which is much lower than they claim. This rate becomes lower according to their deceptive tactics, trying to increase their track record.

The Main Tool That This Free Telegram Channel Uses to Deceive Its Subscribers Is Limit Orders.

Here is the list of steps showing how they achieve their aims using the above-mentioned tools.

1. Positive R/R Ratio: From the Reward to Risk perspective, trading setups are good, always providing a positive R/R ratio. It is a classical trick. Each time when you see the signal like that, you become distracted from the fact that it has a low probability to succeed.

2. Selective Updates (the "Heads I Win, Tails You Lose" Strategy): This channel almost never provides updates when their pending orders become active. It gives updates only if the activated trade moves in the projected direction. If the price moves directly to the stop loss after the activation of pending order, then there are no updates provided at all.

3. Deception with Unactivated Trade as a Winner: Many times this channel deceives you, saying that the trade is a winner, whereas in reality the price has already reached the SL level. They can create a trade in the place where the price might never come, and if it reaches the level of their entry (even moves in their favor), they can call this trade as a winner.

4. Deception with Fake Wins on Pending Order: Also, there is another trick that is called deception of a pending order. They can say that their pending order has been closed because the set take-profit levels were hit even though it was not activated.

5. Trading Without Updates: There is also another trick – many trades are left without any updates. In this way, they ensure that their reputation remains clean from any losses.

6. Bad Risk Management: The last trick is that many of the active trades are kept over the weekend. It is a very dangerous thing, especially during the period of volatility, as opening gaps may blow up accounts of all the newbie traders.

Conclusion and Final Verdict

We do not recommend this channel.

As you can see, "SE ACADEMY FREE UPDATE" is a professional disguise of deception. Using low winning rate together with selective updates, this channel creates an illusion of success. It is classic scam-trust marketing: make a facade of reliability to attract traders in the paid premium channel.

0/10 TRUST SCORE

So, it is very risky for any trader, especially for newbie traders, to follow the signals from this channel. Complete anonymity of operators and the absence of educational materials prove that this channel is a scam one.