Uncovering School Of Trades: A Thorough Review of a Scam Trading Signals Telegram Channel

Introduction: The Allure and the Reality

At first glance, School Of Trades does appear to be a prosperous trading community—over 163,000 subscribers and offering daily signals, education, and VIP services. But a closer look at the channel reveals a number of dubious practices, statistical manipulation, and red flags that render the channel a high-risk, potentially fraudulent channel.

This review provides an in-depth examination of the channel's structure, trading signals, engagement numbers, and ethical concerns to safeguard traders from losing money to this scam.

Channel Overview

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

Metric	Details
Channel Name	School Of Trades
Launch Date	March 13, 2021
Subscribers	163,960+ (but likely inflated with fake/botted accounts)
Average Posts/Day	10 (extremely high frequency, likely spammy)
Average Views/Post	~13,000 (very low engagement for subscriber count)
Social Media Presence	Instagram (minimal activity)
Main Market	Gold (XAU/USD) – High volatility, risky for inexperienced traders)
Free Signals/Day	1 (poor quality, negative risk-reward)
VIP Claims	95% win rate (unverified, likely fabricated)
Real Person Behind It?	No – anonymous, no face, no trading history

Channel Performance & Engagement Review

1. Subscriber Number vs. Actual Reach

• Declared Subscribers: 163,960+

• Average Post Views: ~13,000 (8% engagement only)

🚩Red Flag:

• An authentic Telegram channel with 163K+ subs should be getting 50K–100K+ views on each post.

• The extremely low engagement shows bot or inactive subscriber fake accounts artificially inflating figures.

2. Posting Frequency & Signal Quality

• Posts Per Day: 10+ (Very high, likely automated/spammy)

• Free Signals Per Day: 1 (Low-quality, high-risk)

🚩Red Flag:

• Genuine signal providers place value on quality over quantity—posting 1–3 good-quality trades each day.

• Spammy posting (10+ per day) is a typical strategy in scam channels to create a pretence of activity.

  
  

⚖️ Trading Signal Analysis: Why the Strategy Loses Traders

1. Signal Construction – Built to Deceive

An example free signal off the channel:

"GOLD BUY NOW @ 3357

Add Entry: 3356-3353

Stop Loss: 3350

Take Profit: 3360, 3363"

Critical Flaws in This Signal:

Metric	Value	Why It’s Problematic
Stop Loss (SL)	7 pips	Too wide relative to TP
Take Profit 1 (TP1)	3 pips	Extremely close, likely to hit but insignificant profit
Take Profit 2 (TP2)	6 pips	Still less than SL (negative R:R)
Risk-Reward Ratio	1:0.85	Losing strategy long-term

🚩Red Flag:

• TP1 is set very near on purpose, so the channel can record "wins" when price briefly touches it, even if the trade later turns around.

• SL broader than both TPs → Losses greater than profit (mathematically unprofitable).

2. Backtested Performance (6-Month Analysis)

We tracked manually all free signals during the past 6 months and found:

Metric	Result
Total Signals	180
Winning Signals	56 (31%)
Losing Signals	124 (69%)
Average Risk-Reward	1:0.85

🚩Red Flag:

• 31% win rate with negative R:R guarantees certain long-term losses.

• Not even a professional trader would employ such a strategy—proving the channel is flawed.

  
  

🎭 VIP Service: The Biggest Scam?

The channel claims that its VIP signals have a 95% win rate—but no proof is presented.

Why This Is Impossible:

✅ Statistical Impossibility:

• Even the best-performing hedge funds post 60–70% win rates.

  
  

• 95% is a fantasy—only achievable using simulated returns or selective reporting.

✅ No Transparency:

• No verified MyFxBook, no live trading reports.

• No real VIP user reviews.

✅ Classic Scam Playbook:

Free signals lose → Get bullied into VIP (where they still lose, but pay for it).

🕵️‍♂️ Anonymity & Lack of Credibility

Factor	School Of Trades	Legitimate Providers
Real Person Behind It?	❌ No face, no name	✅ Public identity
Trading History Shown?	❌ None	✅ Verified track record
Payment Security?	❌ No bot (manual payments)	✅ Secure subscription system

🚩Red Flag:

• Anonymous admins = Zero accountability.

• No way to verify who's operating trades.

  
  

💥 Final Verdict: A Proven Scam – Stay Away Like the Plague

🚫5 Reasons to Stay Away from School Of Trades:

1️⃣ Fake Engagement (163K subs but only 13K views → bots/inactive accounts).

2️⃣ Manipulated Signals (Poor R:R, TP1 scams to obtain "win rate" and make it look better).

3️⃣ False VIP Claims (95% win rate = statistically impossible).

4️⃣ No Transparency (No human being, no evidence of trading).

5️⃣ Predator Monetization (Free signals lose out to push VIP sales).

0/10 TRUST SCORE

🔍What Do You Do Instead?

✅ Seek transparent educators with a track record.

✅ Avoid channels with mysterious admins.

✅ Never trust "too good to be true" win rates (e.g., 90%+).

📢 Share this review to warn others! 🚨