This is one of those videos that I had zero plans of making…

Until a member of the community mentioned something in our chatroom that literally had me read the comment multiple times to ensure I was understanding it properly…

I’ll be the first to admit that from a marketing standpoint, it’s brilliant and props to the broker who is doing it.

BUT…. from the viewpoint we should all care about, as traders, it has disaster written all over it.

Sure…. on the surface it looks like a great deal and a low risk way to practice the markets, but looks can be deceiving.

Putting yourself into situations like THIS must be avoided at all costs.

Unfortunately, as nice as they sound, they are completely counterproductive in accomplishing our true goals as traders: being consistent.