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Re: ASIC: 80% of Binary Options traders, 72% of CFD traders and 63% of Forex traders loose money

Posted: Wed Nov 21, 2018 1:42 am
by mlawson71
Australians have lost more than $35.8 million in 2018 so far as a result of investment fraud, reveal the latest data provided by Scamwatch, the body operated by the Australian Competition and Consumer Commission (ACCC).

In the first ten months of 2018, ACCC has received a total of 2,934 reports of investment scams, with the amount lost being the biggest for those aged between 55 and 64.

According to the data, the most frequently used method of scamming people continues to be cold-calling.

Re: ASIC: 80% of Binary Options traders, 72% of CFD traders and 63% of Forex traders loose money

Posted: Wed Nov 21, 2018 1:59 am
by Jimmy
mlawson71 wrote: Wed Nov 21, 2018 1:42 am Australians have lost more than $35.8 million in 2018 so far as a result of investment fraud, reveal the latest data provided by Scamwatch, the body operated by the Australian Competition and Consumer Commission (ACCC).

In the first ten months of 2018, ACCC has received a total of 2,934 reports of investment scams, with the amount lost being the biggest for those aged between 55 and 64.

According to the data, the most frequently used method of scamming people continues to be cold-calling.
You've got to be dumb to fall for telephone scammers aye bro. Silly Australians :lol:

Re: ASIC: 80% of Binary Options traders, 72% of CFD traders and 63% of Forex traders loose money

Posted: Thu Nov 22, 2018 1:10 am
by mlawson71
Sadly people often get blinded by their greed and don't realize they're getting scammed until it's too late.

Re: ASIC: 80% of Binary Options traders, 72% of CFD traders and 63% of Forex traders loose money

Posted: Thu Nov 22, 2018 2:05 am
by Jimmy
mlawson71 wrote: Thu Nov 22, 2018 1:10 am Sadly people often get blinded by their greed and don't realize they're getting scammed until it's too late.
True that!