Woeful contrapreneur
All in all I cancelled my membership and I have to say I wasn’t impressed with everything about this company.
Let’s start with some of the many flaws of what I felt RT was at the end of the experience this is a high ticket , high margin projects for Siam which charges you extortionate fees compared to other crypto trading groups. For this £500 you pay a month you’re providing Siam with a big cash cow and in return he gives you very little in return. 1 two hour trading pub a week full of amateur information that can be easily found on ubiquitous amount of other YouTube accounts from a losing crypto trader who does nothing but shill his alt coin projects so that you can be his exit liquidity ( see ohm and TIME talks that are on his YouTube page ) Furthermore for the astronomical fee get access to a discord that’s deader than my late grandpa (who passed in July 1981) which offers no preparatory insight into anything and is full of very low skilled traders who can barely think for themselves and are constantly losing money under Siam’s guidance it borders on the depressing if not morbid and distressing at times. There is very little here that is of any monetary value and is certainly not worth £500 a month. Maybe im not being unfair as Im US based I cannot provide an entirely fair viewpoint as compared to the bulk of members who are UK based and get free tickets to the live meet-up events.
Regardless of whether im present or not at the meet-up events the quality of the lectures produced at said events are poor. Siam is not an economist, yet gives alot of economics lectures, he’s not a politics expert or historian yet delivers a shambolic presentation of Libyan history that’s so inaccurate its quite laughable that he would be so naive to believe the statistics of anything he himself presents . This is the core problem with RT its focused around Siam’s trading which results in horrific loses with an additional selection of talks on finance, economics and politics of /which siam has no experience in and judging by the inaccuracies of his presentations its clear this guy hasn’t a clue . Siam’s fraudulent marketing suggests he’s made millions on the markets. But this is just not the case on the group he’s clearly lost around $2 million since I joined and his traders and those who’ve invested in his golden geese company have lost $10,000s .
Siam’s thought process is at best ambiguous , enigmatic and indecisive he would most defiantly struggle in a freshman year economics college class , I think he’d be a fish out of water in such an environment and has no business teaching people concepts which he himself really doesn’t seem to understand. Great thinking takes time and everything just seems so rushed with RT. Rarely do any of Siam’s thoughts and thinking yield any real genuine value and this is what you’re paying for you’re paying this astronomical fee for his insight and his insight is so wildly wrong most of the time that you’re not really paying for anything that’s worth it . His lectures and trading pubs literally look like they’ve taken an hour to make with at most about an hour of research.
The biggest disappointment however lies with how Siam treats his discord members . Telling them to leave if they want , attacking them through his telegram calls or just dismissing the whole business all together. “ I don’t care about RT, it’s not a business” with this selfish and rude character it’s really hard to tell how Siam has even managed to muster any positive reviews or sales at all . How can a high end business treat people like this and get away with it? You wouldn’t get a flight attendant on a business class flight abusing you or waiter at a Michelin restaurant shouting at you but if you’re paying roughly the same price for these services as you are for Siam’s woeful course you will be berated infront of his other customers with no apology. Have people been mislead to believe this guy is actually legit ? Or are some people just stuck in a sunk cost fallacy where they’ve paid so much for membership they can’t come to terms with the fact that they’ve been ripped off royally? It’s hard to tell.
In many ways Siam represents what’s wrong about the self help industry as a hole. Lemmings like myself falling prey to his authentic style of YouTube videos then paying horrifically for an overpriced shoddy course that could easily be found for much cheaper, A telegram that’s full of a mix of personal attacks on members or losing trades hitherto trading pubs that are filled with nonsense and yammering on about irrelevant, ineffectual almost tethering on meaningless information . Bethink Siam is qualified in nothing and is a straight D student turned salesman turned trader. All he knows is how to sell shoddy crypto ponzis or appallingly overpriced
trading courses. His capabilities are severely limited at explaining economic concepts he has never worked in finance before and has 0 experience you don’t need to read this review as justification just witness his YouTube presentations at “cudl” events to see his lack of critical thinking . It’s as laughable and deceitful to think this man’s knowledge will ever be worth £500 a month to anyone.
Siam’s ethics are also questionable in terms of the trust pilot reviews of which he gets his own employee accountant “Steve” to write reviews on his behalf. This is breaking trust pilot’s rules and regulations as those who are employed are not allowed to write reviews. He comes off as trustworthy but once you dig a little
Please listen to these negative reviews do not give this man your money you will sincerely regret it. Don’t buy into the expensive price it’s just a marketing fad designed in handing over this guy a load of money so he can gamble on his next pump and dumps. He doesn’t care about you , he even has said this to several customers in personal attacks on his telegram. This is a high ticket marketing scam cash cow for him and nothing more. When you fall for it he will try and offload some more high ticket rubbish on you like a 1on1 flying lesson for £1500 designed to rinse his members further or a shoddy business if you’re lucky.
I’ve attached screenshots of other members experience to ad a counterbalance as to what is written here and for actual proof of my time at RT.
The Realistic Trader vastaus
2023.10.17
Hi Jacob, We hope this message finds you well, and we appreciate your candid feedback regarding your experience with The Realistic Trader. We would like to take the opportunity to address the concerns you've raised and provide some clarity on the points you've mentioned.
1. Membership Fees:
You express dissatisfaction with the membership fees, describing them as extortionate compared to other crypto trading groups. While we acknowledge that our fees may be higher than some, it's important to highlight the unique value proposition we offer, including in-depth educational content, live trading sessions, and exclusive insights. We continually strive to provide value that goes beyond the cost of membership.
2. Quality of Content and Lectures:
Your criticism of the quality of lectures, particularly in areas where Siam may not be considered an expert, is duly noted and unfortunately Siam’s approach to trading and investing does not resonate with everyone. We appreciate constructive feedback and are committed to refining our educational content to ensure accuracy and relevance. We will take your remarks into consideration to improve the overall educational experience for our members.
3. Discord Community:
We regret to hear that you found the Discord community lacking in preparatory insight. We acknowledge that the effectiveness of any community is a collective effort, and we are committed to fostering an environment that encourages meaningful discussions and mutual learning among members. Our mentors are very active in the Discord community and are there to help with members questions and help them along their trading journey.
4. Ethical Concerns:
The accusation regarding the Trustpilot reviews is taken seriously. We have policies in place to ensure the integrity of our reviews, and any breach of these policies will be thoroughly investigated. Steve was a full paying member of The Realistic Trader for some time before becoming business partners with Siam in a completely separate business venture to The Realistic Trader. He is not, nor has ever been an employee, partner of paid contractor of The Realistic Trader. Any support or advice that has been giving to other members has just been between members of the RT community. We reply to all our reviews and try our best to ensure they were members of our community. This only becomes difficult when people write reviews anonymously or use a fake name.
5. Siam's Approach:
As I mentioned above, we understand that Siam's approach may not resonate with everyone. While he strives to provide authentic and unfiltered insights, we acknowledge that different individuals have different preferences. We will, however, take your feedback into consideration to ensure a more positive and inclusive experience for all members.
Regrettably, in our search for account usage records, we were unable to locate any trace of a Jacob Hanson within our community. This leads us to the assumption that your review might have been submitted anonymously. Were there instances during your membership where you reached out to Siam, the RT team, or the RT mentors for assistance? We make a consistent effort to extend support to all members as needed. It is challenging for us to validate this without knowledge of your real name. However, based on the content of your review, it appears doubtful that you extensively engaged with the course materials in the portal, which could have significantly benefited your individual trading journey.
We sincerely apologise that your experience with RT did not meet your expectations, and we genuinely wish you success in all your future trading endeavours.
King Regards
The RT Team
1. Membership Fees:
You express dissatisfaction with the membership fees, describing them as extortionate compared to other crypto trading groups. While we acknowledge that our fees may be higher than some, it's important to highlight the unique value proposition we offer, including in-depth educational content, live trading sessions, and exclusive insights. We continually strive to provide value that goes beyond the cost of membership.
2. Quality of Content and Lectures:
Your criticism of the quality of lectures, particularly in areas where Siam may not be considered an expert, is duly noted and unfortunately Siam’s approach to trading and investing does not resonate with everyone. We appreciate constructive feedback and are committed to refining our educational content to ensure accuracy and relevance. We will take your remarks into consideration to improve the overall educational experience for our members.
3. Discord Community:
We regret to hear that you found the Discord community lacking in preparatory insight. We acknowledge that the effectiveness of any community is a collective effort, and we are committed to fostering an environment that encourages meaningful discussions and mutual learning among members. Our mentors are very active in the Discord community and are there to help with members questions and help them along their trading journey.
4. Ethical Concerns:
The accusation regarding the Trustpilot reviews is taken seriously. We have policies in place to ensure the integrity of our reviews, and any breach of these policies will be thoroughly investigated. Steve was a full paying member of The Realistic Trader for some time before becoming business partners with Siam in a completely separate business venture to The Realistic Trader. He is not, nor has ever been an employee, partner of paid contractor of The Realistic Trader. Any support or advice that has been giving to other members has just been between members of the RT community. We reply to all our reviews and try our best to ensure they were members of our community. This only becomes difficult when people write reviews anonymously or use a fake name.
5. Siam's Approach:
As I mentioned above, we understand that Siam's approach may not resonate with everyone. While he strives to provide authentic and unfiltered insights, we acknowledge that different individuals have different preferences. We will, however, take your feedback into consideration to ensure a more positive and inclusive experience for all members.
Regrettably, in our search for account usage records, we were unable to locate any trace of a Jacob Hanson within our community. This leads us to the assumption that your review might have been submitted anonymously. Were there instances during your membership where you reached out to Siam, the RT team, or the RT mentors for assistance? We make a consistent effort to extend support to all members as needed. It is challenging for us to validate this without knowledge of your real name. However, based on the content of your review, it appears doubtful that you extensively engaged with the course materials in the portal, which could have significantly benefited your individual trading journey.
We sincerely apologise that your experience with RT did not meet your expectations, and we genuinely wish you success in all your future trading endeavours.
King Regards
The RT Team