Epic Trading

Is Epic Trading Legit? Your Questions Answered

David Sharpe bio

Online marketing is the new American Dream. You hear the stories every week, if not every day.

“I was stuck at a dead-end job, working my life away with no reward. One day I got fed up with it. I started my own online business catering to a specific niche. Now I'm a multi-millionaire!”

The problem is, many businesses sell you this dream for their profit. The most common way companies do this is through pyramid schemes.

However, not all businesses that offer you the chance to start a home-based business are fraudulent. Epic Trading is an example of a legit company that equips you to succeed in online marketing.

Many people think that because Epic Trading wants its existing members to connect new members to their platform, it must be a pyramid scheme.

While people have a right to be suspicious of scams, especially online, there's more to Epic Trading than you may believe. It can be a valuable tool to help you build an online business from the ground up!

Pyramid Schemes and MLM

Before we can talk about Epic Trading, though, we need to get some definitions clear.

First off, let's figure out exactly what people even mean when they use the term “pyramid scheme.”

Pyramid schemes prey on your work or financial dissatisfactions. They promise you that you can change your life by selling their product.

In reality, all of your income comes from the recruitment of other people into the scheme.

To keep you invested, they will often offer you “growth opportunities” like webinars, conferences, and similar things (all of which they charge you for).

Of course, people often have suspicions about a marketing business whose product they've never seen. So, pyramid schemes often bolster their claims by providing you their product (once again, for a price).

When all of this is considered, even if you make some money by recruiting others, it will never be enough to repay how much you spend on the scheme.

Because so many people have encountered pyramid schemes, they are automatically wary of MLM businesses.

MLM stands for “multi-level marketing.” These businesses sell their product on a person-to-person basis. Often they also compensate you if you recruit others to the MLM company.

“So,” you may ask, “what's the difference?”

The crucial difference between a pyramid scheme and an MLM business is what they pay you for. An MLM company, unlike a pyramid scheme, will pay you for your retail work independently of your recruitment numbers.

Epic Trading: What They Do

Epic Trading falls into the category of MLM business. There are high-end MLM names on their executive board, and they've been operating since 2014. All of this adds some legitimacy to the company.

What do they do, exactly? Essentially, they are a global training company. They offer several educational packages and courses, which are their product, to train members into successful online marketers.

Epic Trading can be deemed an MLM based on who buys their product. If the only people buying the courses are independent business owners (IBOs), who sign up solely to make money by recruiting other IBOs, it's a bad deal.

To complicate matters, Epic Trading does have a compensation program for members who recruit new members, though.

So, you wonder, how does that not make Epic Trading a pyramid scheme?

If that's what you're thinking, then here's a straightforward trick to help you determine whether a business is an MLM or pyramid scheme.

Ask yourself, “Would I buy this product for its quality, even if I don't make money off of it?”

If the answer to that is “yes,” then the product is most likely not from a pyramid scheme.

Remember, pyramid schemes want to keep you invested in their product. They have no interest in actually furthering your interests.

If the product seems to be of good quality, will further your development through clear methods, and doesn't require you to recruit others, it's probably not a pyramid scheme.

By this criteria, Epic Trading comes across as a legitimate MLM business.

The Value of Marketing

Pyramid schemes hold out a dream of owning your own business and working from home, but never make good on it. They always want you to take another step into their scheme.

The dream they're using against you isn't just a fantasy, though. It does happen, and it can happen. Building an Epic Trading business is a great way to start.

First, they let you learn the basics of marketing. Specifically, you need to learn how to use online tools to your advantage as an online marketer. They will teach you how to do that.

Utilizing social media, online metrics, search engine optimization, and other similar materials can be a life-saving technique.

Instead of having to track down your friends and family with a sales pitch, you can reach thousands, maybe even millions, across the globe.

Of course, the online world is frequently changing. New platforms, new trends, and new information are constantly coming in.

Having somebody that can teach you how to spot crucial changes is a tremendous asset to you.

Epic Trading can strengthen your network marketing abilities, helping you to make the sales you need in your business network.

Beyond MLM

Epic Trading can be a great way to start making money from home, and it can be of critical aid when starting your own business.

What if there's an even better way though?

There's a way to set up a business that you'll own with an easy newcomer-friendly structure. We know it works because it worked for us.

It's the model that David Sharpe, CEO of Legendary Marketing, used to leave MLM and find incredible success.

If you enjoyed this review on Epic Trading, please consider checking out our free online webclass which will walk you through our #1 recommended way to earn money online from home and teaches affiliate marketing strategies including how to make multiple high-ticket affiliate commissions each month marketing valuable products people already want to buy.

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Epic Trading Review: Why You Need Marketing Skills to Succeed

David Sharpe bio

Marketing skills are essential in every business, even an epic trading business. Marketing is essential for getting a clear picture of people’s wants and needs in the economy.

The key parts of marketing are research and adaptability. Research lets you know what people want and need, and adaptability is how you adjust your methods to meet people’s needs.

Just like in marketing, those traits are essential for a trading business. Keep reading to learn the marketing skill that leads to success.

Research and Analytics

Market research is the most important part of being a successful trader.  Researching all relevant market trends and determining what they mean is essential for making accurate market predictions.

In marketing, you have to be on top of trends to determine what consumers are looking for. Similarly, with trading, you must have a good idea of what stocks will do based on the current market trends. And you have to do a lot of research to get that information.

Without analytical skills, all that research would be pointless. You have to use analytical skills to spot trends and determine the best way to use them.

A good suggestion when it comes to trading is to think less about the amount of money you’re trading and more about the trading methods that you’re using.

To perfect your analytical skills, focus on what moves you’re making and when. Timing is everything. If you focus too much on the money in your bank account, rather than your approach, you’ll have clouded judgment and you won’t make the best decisions. Leave emotions out of it.

The key is to use research and analytical skills to form a plan of action based on the information you’ve gathered, and stick to it.

Adaptability

Markets and trends are constantly changing, and the greatest marketers try to be ahead of the next trend. If your marketing strategies never adapt to current trends, then you’re doomed for obscurity.

Just like with marketing, the same is true for trading. Experienced traders develop their own tried and true strategies over time. No trader maneuvers the market the same, so it’s important to have your technique to develop an edge in the market.

Be careful not to get too stuck in what has worked for you in the past. While it’s always a good idea to stick to something that’s working, there’s never a guarantee that the method will continue working when market trends inevitability change.

An even better habit to form is to continue your research and analysis of the markets so you’re on top of any new trends. And then, have the adaptability to change your methods when you recognize new patterns.

Just like research won’t get you very far without analytics, analytics won’t get you very far if you’re not willing to adapt your methods to them.

Good Records

When you’re learning any new skill, learning from your mistakes is the fastest way to get better. Like with marketing, you must know what didn’t work in the past to know what won’t work for you now.

Successful traders keep trading journals to analyze why certain days were positive and other days were negative. Within your trading journal, a record which plays you made at which points, how you were feeling when you made that trade, and the result.

Record everything you do in the market, and why you did it. But don’t stop there. After a couple of days have passed, look back on your journal with a clear head. Read back through your journal to determine what you did that didn’t work or did work. Then, use that information to improve your future methods.

Nothing good ever came from repeating the same thing over and over again and hoping it works this time. Learn from your mistakes and adapt.

Patience and Discipline

The markets are constantly up and down. Without those fluctuations, there wouldn’t be much to gain from them. As the market is constantly up and down, you can expect to have ups and downs too.

Every trader knows you have gain days and you have lost days. It takes patience to get past the loss days. Don’t give up if you’ve had a series of down days. Just like you’re not going to have endless gain days, you’re not going to have endless loss days. Stick to it, and better days are ahead.

Sometimes it takes patience to find a good trade to jump in on. A series of days may pass with no significant trades. Don’t rush into trades, just for the sake of trading. That’s almost a sure way to have more losses than gains.

Take advantage of the research and analytics you’ve already done, and wait patiently for the right move.

It takes discipline to hold off when you need to. It also takes discipline to practice good risk management. Don’t risk large amounts of money on a single trade, and don’t put money in trades that have more risk than they’re worth.

As long as recognize that trading isn’t an instant gratification game all the time—and you have the discipline to stick to your plan—you’ll see more good days than bad days.

Learn Marketing Skills With Us

Becoming a better marketer is not only good for your professional life, but it also improves your relationship. Learn how to get targeted traffic and convert that traffic into an avalanche of sales.

Finding a good mentorship is the first step in becoming a successful epic trader.  Take advantage of our top marketing education programs by taking our free web class which will walk you through our #1 recommended way to earn money online from home and teaches affiliate marketing strategies including how to make multiple high-ticket affiliate commissions each month marketing valuable products people already want to buy.

Click for free training

 

Is Epic Trading Legit Or Just Another Pyramid Scheme?

David Sharpe bioEpic Trading Logo

[Epic Trading Logo from their corporate Facebook page]

One of the first questions you're going to be asked by your friends and family when you tell them about your new Epic Trading business — if you decide to get involved — is going to be “is this one of those pyramid things”? I guarantee it.

So in this review, I’m going to give you my honest opinion, plus reveal the #1 reason most people fail who join “home-based businesses” like Epic Trading (and how to actually succeed if you do get involved).  

So even though you may have clicked this article looking for the inside scoop on this company, you’re actually going to get much more than that. Let’s begin...

Epic Trading is a network marketing (or MLM) company out of Henderson, Nevada headed up by CEO, David McCovy.

David has a history in MLM, starting back in 2014 ranking up to Senior Vice President in 5Linx, then onto Paycation (which is no longer in business), and then launched his own company, still operating as of today, called Evolution Travel (which seems to be a spin-off of the failed Paycation).

There are some other notable MLM names on the executive list of Epic Trading, including Spencer Iverson and Jonathan Green.

Epic Trading offers, what seems to be it’s flagship product “Epic Scholar” for $99.99 per month, which includes trade alerts, trading sessions, fundamental analysis, and market forecasts.

In terms of whether Epic Trading will be considered a legit company long-term will mostly be determined by whether their training can be sold as a stand-alone product. Or if the only people who buy the training are IBO’s (independent business owners) who sign up to recruit other IBO’s, who sign up to recruit other IBO’s, and so on. If that’s the case, regulators could move in and shut the company down as an illegal pyramid scheme.

In recent years, MLM’s have come under more heat than ever because people are starting to pick up on the pay-to-play recruitment-heavy business models that resemble the old chain letter schemes of the past.

Although the more sketchy MLM’s of today are more dressed up with fancy websites and big raw-raw events, they typically have no actual outside retail sales and make most (or all) of their money from recruiting. The easiest way to predict if Epic Trading is a good, viable company that’s worth your time and money to invest in is by asking yourself “would I buy their products stand alone if there was no income opportunity attached to it?”

If the answer is no, then maybe you might want to reconsider your choice.

Now let’s talk about why 99% of people fail who try any work-from-home business and what you need to know before trying any new side hustle.

First of all, if you get involved in a business and the first tithing they tell you is to make a list of your friends and family and start pitching them — inviting them to meetings and calling them to do 3-way calls with your “upline” leader — run for the hills. You’re being primed for failure.

Why is this a big red flag? Because network marketing owners know that most people will ever only sell to — or recruit — 2-3 people during the entire lifespan of them working the business. So they try and teach the simplest and most dumbed-down technique that anyone can do.

And sure, you might sell to or recruit 2-3 people, but is that what you’re looking to do? Make an extra $20-$100 bucks? That won’t even cover your costs of joining!

My guess is that you want to make serious money. You want to fire your boss. You want to actually have the flexibility to work from home, or from wherever you want. Am I right?

Here’s the secret (that’s not actually a secret, it’s common sense)…

You need to learn marketing. 

Specifically, you need to learn online marketing. Because the power of marketing to thousands (or millions) of people on social media and using automation to more effortlessly build your business is what is going to help you succeed. Not chasing friends and family and ending up in the NFL (“no friends left” club).

How do I know?

Because I was once and broke and desperate network marketer! My upline sponsor kept telling me to “make another list, make another list”. However, I was tired of chasing friends and family and getting rejected! I was tired of posting signs in my yard and magnets on my old rusty Ford F-150 that no one ever responded to.

Epic Trading Review

So, instead of suffering more (and too hard-headed to quit), I developed a new way of getting leads and signing people up — and soon everyone in my company wanted to know my secret.

Epic Trading Review

Magazine Cover

David and check on the table

I had so much success in MLM that I was able to pay my Mom back the money she gave me to join (thanks Mom) and buy her a brand new vehicle. Heck, I was able to buy my Dad a new truck and a house!

Epic Trading Review

Epic Trading Review

These are the things I dreamed of doing when I joined in the first place, and after learning online marketing and automated lead generation, I was finally able to accomplish those goals.

I’m now retired from MLM and teach online marketing full-time and many of my students are new network marketers looking to join companies like Epic Trading. Many of them have failed in other opportunities in the past because they didn’t know this important information.

And it’s not their fault — they were likely recruited by someone who also didn’t know anything about marketing, and they never received any real training.

Here’s the truth. Most big raw-raw MLM events are just designed to keep you motivated. And most “huge company conference calls” or webinars only showcase success stories of other top earners but leave you wondering “how do become successful like them?”

So ask yourself – do you think it’s more important to find “the best company” or to learn how to succeed in any company? 

What if MLM is not even the best business model for you to generate the extra income you want? I can tell you that once I quit MLM my income really took off.

See, there are lots of different business models these days, thanks to the internet. And although MLM can seem appealing because someone you know is doing it, it might not be the best fit for you. Especially because of the negative criticism you’re likely going to get from your friends and family.

There are many other online marketing options that can bring you the type of side-income you’re looking for, are more legit, and even easier to do.

You can sell “on-demand” t-shirts on Shopify.

You can re-sell books on Amazon.

You can sell marketing services to local businesses.

But there’s one model I usually recommend to my students over anything else. It’s the most simple, and most profitable of any I’ve ever seen. And I’ve seen it all in the last ten years since I’ve been full-time marketing online.

It allows you to build something that is truly your own. You own it. The government is not going to shut it down and call it a pyramid scheme. Your friends and family will be intrigued by what you do, not critical of it. And most importantly, in my experience, it’s more profitable and does not require you to be good at sales or have some super-duper charismatic personality in order to succeed.

Before you start or join any business, Epic Trading included, I recommend you watch this short 20-minute video case study designed for anyone looking to start an online business but doesn’t know where to begin.

In the short, free, no-fluff, and no-hype case study video I’ll explain how I quit MLM and started an online business that earns high-ticket commissions marketing valuable products people already want to buy.

I’ll also explain to you the newest and best high-ticket business model to launch online (which is also newbie-friendly).

I’ll explain in detail why low-ticket business models are keeping you broke. And I’ll give you a chance, if you’d like, to download all my high-ticket templates, scripts, and funnels.

I hope you enjoyed this article. I hope my experience can be of value to you as you travel the same road I did, looking for ways to earn more money and accomplish your goals.

I know it may seem overwhelming and confusing because there are so many people saying so many things online, but I can assure you if you find the right mentors who have your best interests in mind and who can actually train and support you properly (instead of just trying to pump you up), you can succeed as well. 

Check out my free case study video before you make any major decisions and at the very least commit to learning online marketing. It will help you succeed in whatever venture or side-hustle you decide to pursue.

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