Commercial offers should be backed by real, verified accounts Votes Results
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Commercial offers should be backed by real, verified accounts Discussion
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speki

Member Since Nov 18, 2009  735 posts speki Dec 16 2010 at 09:34
The title says it all - any commercial offers (EA, money management, tutoring, teaching, being a shoulder to cry on, etc etc) should be backed by a VERIFIED account that has REAL money in it.

No ifs, no buts, no excuses.

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
pearlo

Member Since Mar 18, 2010  127 posts Marco Pearlo Encarnacion (pearlo) Dec 16 2010 at 09:46
fully verified account plus broker not hidden

..a forced kindness deserve no thanks,willingness to serve does not wait until it is asked for..
pip2cash

Member Since Mar 04, 2010  379 posts SIM (pip2cash) Dec 16 2010 at 10:09
How admin is going to implement this? Is that open another section for listing of commercial offer account?

Cheers,
SIM

Low risk consistent return! For More Information on Professional Managed Account Service, Kindly visit: http://www.forexmanagedaccounts-fxmac.com/ref/6566136
stevetrade

Member Since Oct 28, 2009  1163 posts Steve Boardman (stevetrade) Dec 16 2010 at 10:10
Totally agree with this. Not sure how to enforce it other than splitting out the commercial and the non commercial accounts.
As it stands I believe the vigilant members of the site do their best to point out when one of the various elements are missing from an account but there are still always people ready to take a punt when they see the dollar signs.


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
speki

Member Since Nov 18, 2009  735 posts speki Dec 16 2010 at 15:38
Demo and / or unverified equity curves could be watermarked with a big, visible 'DEMO' and / or 'Unverified' text across the graph ... 35 people couldn't count on two hands the amount of times I've seen a demo curve on an EA seller's site ...

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
stevetrade

Member Since Oct 28, 2009  1163 posts Steve Boardman (stevetrade) Dec 16 2010 at 16:22 (edited Dec 16 2010 at 16:23 )
Watermarking demo/unverified charts is a great idea. Of course, I could knock up a 'MyFxBook' chart in about 30 minutes in photoshop to show pretty much anything I wanted to.

I basically disregard any MyFxBook details on a commercial website unless they lead directly back to a live account on here, and so should everybody else in my opinion.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
SavvyFx

Member Since Aug 30, 2010  19 posts Jason Wingfield (SavvyFx) Dec 16 2010 at 16:41
Absolutely agree, if you are offering a service to manage my money - show me that you can manage your own first! ;)

http://jasonwingfield.com
fxpublisher

Member Since Jun 04, 2010  184 posts Fxpublisher Management Group (fxpublisher) Dec 24 2010 at 12:23
Hi
we agree with that, any method should be backed by a VERIFIED account that has REAL money in it.

www.fxpublisher.com-Safety of your fund is the most important thing in our trading
peptraderfx

Member Since Jan 15, 2011  80 posts Joe (peptraderfx) Jan 27 2011 at 00:59
Just be Transparent with all your trades, positions, Leverage, gains, etc! What's to hide, why the insecurity? There's enough to go around for everybody! Je,je

The Turtle always wins the race!
bch159

Member Since Mar 08, 2010  31 posts bch159 Jan 30 2011 at 16:16
Like the watermark suggestion - easy to implement and cuts through the nonsense about 'this is real i.e. it's not a backtest'.

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