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tradestockmrkts · 2 years ago

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Trading Dreams Turned Nightmare: Exposing the Dark Realities of Siaw Jun Kit's 'Behind a True Trader'

Unveiling the Exploitative Web of Siaw Jun Kit's Modern Slavery in "Behind a True Trader" By Amir Shayan In the vast landscape of job opportunities, an advertisement on LinkedIn caught my attention—a chance to become a trader for a reputable company. The allure of a trader's role in prestigious financial institutions captivated my imagination. Like many others, I believed this job could be a dream come true, offering a substantial monthly salary of $10,000 and a share of the annual profit, estimated to be around $300,000 to $400,000. Little did I know that my journey into the world of trading would expose a dark truth—a reality far removed from the promises made.

Unveiling False Promises:

With a mixture of anticipation and hope, I eagerly applied for the position and embarked on a long waiting period. The company's website hinted at an exceptional situation, fostering my belief that this opportunity was indeed special. Finally, the day of the interview arrived, and I prepared meticulously, expecting to meet seasoned professionals in a sophisticated financial institution. To my surprise, the setting was far from what I had imagined. Instead, I found myself in an unfinished office space with rudimentary equipment, clearly unsuitable for a financial institution of repute. The novices comprising the company's workforce exuded anxiety and lacked self-confidence, their unprofessional interactions painting a disconcerting picture.

Exploitative Conditions:

As more candidates joined the interview session, we formed a group of about 10 to 12 hopeful individuals. However, what unfolded was not an interview, but rather a disheartening briefing that seemed reminiscent of the horrors faced by those forced to work in Nazi concentration camps. It was during this session that the company unveiled the shocking truth about the working conditions. The initial promise of a monthly salary of $10,000 was shattered as we were informed that traders would be paid a mere 10 ringgits per hour—approximately $2.40—an amount far below expectations. To exacerbate matters, only half of this amount would be paid during the first two months. In essence, for the initial two months of work, traders would receive a meager 5 ringgits per hour, barely enough to cover basic living expenses. This compensation was even lower than what janitorial staff and laborers earned, an alarming revelation that left us stunned.

Behind a True Trader

Siaw Jun Kit's Deception author of Behind a True Trader:

The pinnacle of this disheartening experience came when Siaw Jun Kit, the author of "Behind a True Trader," emerged as the executive director of this exploitative system. It was at this moment that the true nature of his intentions began to unravel. Siaw Jun Kit meticulously outlined the hiring process, skillfully manipulating us with promises of rewards and incentives tied to successful trading. However, it quickly became evident that this system was designed to keep traders perpetually chasing elusive rewards, while subjecting them to severe penalties for even the most common trading mistakes. It became clear that Siaw Jun Kit's intentions were far from noble—he had crafted a web of deceit that exploited the aspirations and dreams of unsuspecting individuals, leaving them trapped in a cycle of disappointment and financial loss.

A Warning to Others:

My personal encounter with Siaw Jun Kit's modern slavery system, as chronicled in his book "Behind a True Trader," serves as a stark warning to others. Countless individuals will inevitably fall victim to this scheme, drawn in by the allure of promising opportunities that mask exploitative intentions. As new recruits continue to be lured into this web of false promises, they too will find themselves ensnared in a cycle of exploitation, stripped of their rights and dignity. It is imperative that we raise awareness about these deceptive practices and protect others from the clutches of individuals like Siaw Jun Kit. Let this serve as a reminder to exercise caution, question enticing opportunities, and expose the spotted snakes that seek to exploit the dreams and aspirations of unsuspecting individuals.

Conclusion:

My journey into the world of trading, which began with hopes of a dream job, ended in a harrowing awakening to the grim realities of Siaw Jun Kit's system. The promises of lucrative salaries and shared profits were shattered, revealing a twisted scheme of exploitation. As I reflect on my encounter with Siaw Jun Kit's modern slavery system, chronicled in his book "Behind a True Trader," I am reminded of the importance of skepticism and critical thinking when presented with enticing opportunities. May this cautionary tale serve as a beacon, guiding others away from the clutches of deceit and exploitation, and toward a future free from the snares of spotted snakes like Siaw Jun Kit. Read the full article

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