Is The Seiden Strategies a Scam? A Fresh Reboot Of An Old Scam

The Seiden Strategies is supposedly a new investment training program created by Samuel Seiden. To the uninformed, this might seem like an okay program but trust us, there’s nothing legitimate going on around here. 

The program is supposed to help you get started on investment and how to get people to become professional traders but it’ll cost you a few thousand dollars. 

Seems reasonable right? 

Well if you’re referring to legitimate trading and investment training programs such as Traders Academy Club, then these programs are worth it. 

But The Seiden Strategies isn’t one of those programs. 

In reality, The Seiden Strategies is a reboot of an old program from Seiden called Online Trading Academy. This company was sued by the FTC for illegal practices in February 2020. 

The Seiden Strategies was created on march 2020, which means he shut down OTA and then went on to rebrand his old “get-rich-quick” scam. 

Who is Sam Seiden?

The Seiden Strategies was created by Samuel Seiden. He started at the Chicago Merchantile Exchange where he learned how to predict market moves and turns. With his 20 years of experience, he also developed the “Supply and Demand” market timing strategy. 

But his focus was on why a lot of people failed and only a small portion succeeded. 

This is why he developed OTA and The Seiden Strategies. 

Both programs promise the clients that they’re going to become full-time professional traders. But they didn’t really exactly do what they’re supposed to do. 

OTA cost you upwards of $50,000 just to get the entire program. Its creators, Samuel Seiden, Eyal Shachar, and Darren Kimoto collected more than $370 million from their clients. This is a conservative guess, but we believe they collected more. This is why they were sued by the FTC.

The Seiden Strategies is a new version of Online Trading Academy, which is an “investment school”. 

The old content from OTA is used in the The Seiden Strategies, 

This is probably why he rebooted a month after OTA shut down. He needed new clients to scam. 

Remember, when a training program claims that they’re going to teach you how to generate high profits at minimal risks, that’s always going to be questionable.  

How Does It Work?

The Seiden Strategies has two tiers to choose from:

There are three tiers you can choose from:

1. The Strategy
2. The Strategy Plus
3. The Emperor’s Club

The Strategy - $6,995 down to $4,995

This tier cost you $4,995, originally $6,995. This one has 8 modules in total:

1. The Forum - A live webinar by Sam Seiden where he offers live trading recommendations
2. The Exchange - This is a module that starts 15 minutes before the stock markets open and offers trading recommendations for short-term and mid-term traders
3. The Gallery - A trading algorithm that supposedly reveals trading recommendations from more than 20 markets
4. The Arena - Traders here can talk to one another, share ideas, and so on
5. The Investor Empire - This contains personalized recommendations, specifically retirement portfolio
6. High Impact News Sessions - This gets you access to Sam’s private Twitter account where gives insights and informations to help you adjust your investments. 
7. Member Council - This is a platform that lets you send messages to different members
8. The Options Colosseum - This is a one-hour session that shows you strategies used by investors 

The Strategy Plus ($8,995 + $4,995 per year)

This was formerly $8,995 but you can get this tier for $6,995. This cost you $2,000 more than the 1st tier costs and the only difference is the single module. 

This additional module gets you an extension of the live market coverage from 25 markets to 50 markets. 

This is nothing more than an upsell.

The Emperors Club 

For an additional $1,995, this gets you additional bonuses and priority seating at live events, which are not exactly applicable for the time-being but you get our meaning. 

You also get access to mastermind groups, but this is just another upsell. 

How Much Can One Earn Using The Seiden Strategies?

The Seiden Strategies doesn’t really help you make money because it’s a BS program.

But if you’re going to talk about trading and investing in general, then it depends on how much you’re willing to shell out. 

Trading and investing is risky and it requires you to be patient. 

A lot of people have made a decent living out of trading and investing. But The Seiden Strategies does not help you become close to what a professional trader should be.

How to Pay? 

You can only pay for The Seiden Strategies through credit card. The sad thing is that there’s no refund here. This is a big red flag.

The Seiden Strategies is not meant for anyone. This is a terrible program because it’s a scam.  

#1 Terms and Conditions

A lot of programs have Terms and Conditions, but The Seiden Strategies has a shady one. 

Sam did a good job with making sure that the clients can’t hold The Seiden Strategies liable for anything. 

This meant that the document was created by expensive lawyers. 

Here’s a screenshot of the paragraph that won’t let you sue The Seiden Strategies.

Simply put, this means that you agreed to be misled and scammed. 

#2 Sam Scammed People Before

The Seiden Strategies was not the first program that’s going to scam people. Sam and his team were sued by the FTC in February 2020 for their illegal practices. They collected more than $30 million from their customers but we believe that this is higher. 

#3 Expensive!

It’ll cost you tens of thousands of dollars to get into the program, and you’re not getting a chance of getting your money back at all. 

The legitimate trading training courses will not cost you this much. In fact, The Seiden Strategies’s upsells are way higher than these legitimate training costs’ registration fees.

There’s nothing to like about The Seiden Strategies because it’s nothing more than a reboot of OTA. This is a scam.

The Seiden Strategies is a reboot of Online Trading Academy, Sam Seiden’s old course that scammed people out of millions of dollars. 

Sam was sued by the FTC and closed down OTA after. The Seiden Strategies is a reboot that was opened that came out after it closed down. 

It’s not a coincidence that both programs are only a month apart from closing and opening, so it means that The Seiden Strategies is going to scam more people that are unaware of the OTA’s past actions. 

This is a scam and it’s not worth your time.