I’m still a fairly new day trader and trying to keep cash in my account, taking in the wisdom of the experienced and learning tips for day trading. I’ve always wanted to get some formal education to improve my day trade. I’ve researched this extensively. I have watched a variety of people on YouTube provide training and tips. One person, in particular, caught my attention, not because of his trading strategy, claims, or company’s services but due to his complete absence of apathy towards the day-to-day trading community.
After a cursory search on the internet for day trading training courses, I stumbled upon beststockstrategy.com. What intrigued me was that David Jaffee clearly promotes his company and himself as “the only legitimate stock market coach on the internet.”
The company’s owner, David Jaffee, is a former professional trader from the institution and a graduate of Cornell University who was once promoted to bar owner in New York City. There are also several published books available on Amazon written by him. One of them is an account of his serious mental health problems. His company gives traders new to trading, like me, a chance to earn money through his educational services, providing no trading courses, books, and mentorship programs. Additionally, his website does not give feeds on trading in real time.
I researched Mr. Jaffee’s business through YouTube and was extremely unsatisfied. For someone who was a student at an Ivy League university, he lacked the subtlety of his speech and frequently criticized his rivals in the field of day trading training. To Mr. Jaffee and Indeed beststockstrategy.com, his company, everyone (but himself) in the day trading community is a scammer. I was not impressed and found out that his company is being threatened with legal action for “slander” for publicly defaming the competitors of his business by calling them “scammers.”
Based on what I have seen on his YouTube channel, slander is one of the main components that make up his strategy to market himself, his business, and its services. I believe in fair competition in the business world. This company has left me with the impression that beststockstrategy.com is trying to expand its market at the expense of its competitors’ reputations. As a new trader, I would steer clear of Beststockstrategy.com as they may do more harm than good to a new trader like me.
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