It seems like everyday there is a new story about a hedge fund scam.

First there was Bernie Madoff and his Ponzi scheme. A good number of his investors were from the most elite of country clubs, The Palm Beach Country Club. We are talking about a club where the monthly spending requirements are higher than 90 percent of the countries annual income.

There was the less publicized case of George Theodule. Theodule is a Haitian immigrant and he was targeting other Haitian immigrants with a promise to double investors' money in only three months. According to the SEC, Theodule swindled investors out of $23.4 million.

Then there is the case of Marcus Schrenker, the Indiana investment manager that tried to fake his own death by allowing his plane to run on autopilot for 200 miles. His plane crashed to the ground in the Florida panhandle within yards of a neighborhood of homes. He is being investigated for fraudulent activity in Indiana.

There is the case of hedge fund manager Arthur Nadel. The Sarasota based hedge fund manager went missing when faced with redemptions that he couldn't cover. There have been claims that he made off with as much as $350 million. Whether he stole it or lost it has yet to be determined and Mr. Nadel has yet to be located.

All of these cases have transpired in the last six weeks.

What are individual investors supposed to do?

The first thing to do is pursue independent research like the advice you get in IDE. We might not be right all the time (no one ever is), but we try to lead readers down the right path. We don't control your money, but we try to make you money. Our vested interest is giving you good solid advice so that you trust us and continue to visit our site and read our publication.

Another thing you can do is educate yourself by learning how to do your own research. I personally have written two different programs that teach people how to trade. Velocity Strategy teaches investors how to trade e-Mini futures and is co-written with Tom Gentile of Optionetics. The K.I.S.S. program teaches people proper money management, how to trade options, how to read charts and how to read sentiment.

We also have a number of subscription-based services where you pay a flat fee for an annual subscription. In these services, we make recommendations that we think will perform extremely well. Sometimes we are right, sometimes we are wrong, but we have your best interest at heart each time we make a recommendation.