Well said. In fact, a part of the fault is on the side of traders as well. In this generation, none of us are unfamiliar with the fact that never to trust a site or an offer that seems too good to be true, much like claims that you will get millions if you follow up my course and trading strategy, etc.
Yet, some traders are so desperate they purposely go into these traps, with a minimum hope, that ‘what if’ it becomes true. In the end, they feed the crocodile’s hunger, and are responsible for increasing the rate of scams.