Member Since Apr 16, 2011 31 posts
Oct 27 2011 at 22:29
FORUM MEMBERS - PLEASE STAY FAR AWAY FROM THIS CRIMINAL CALLED CAPITALHILLMANAGEMENT. THIS SHAMELESS CARICATURE OF A HUMAN BEING HAS TODAY WIPED OUT MY ENTIRE ACCOUNT IN LESS THAN 2 WEEKS OF TRADING BY TAKING SELL GBPUSD AND EURJPY TRADES AGAINST THE RISING MARKET TREND. HE CLAIMED HE COULD TRADE WITH NO MORE THAN 5% DRAW DOWN, BUT ALMOST DAILY AND DESPITE MY REPEATED WARNING AND HIS PROMISES TO KEEP TO THE AGREED DRAW DOWN, HE CONTINUED TO TRADE RECKLESSLY. IN ADDITION, HE TRADES WITHOUT STOP LOSSES, CONTRARY TO HIS CLAIM OF SCALP TRADING WITH TIGHT STOP LOSSES. HE DID NOT USE STOP LOSSES IN MY ACCOUNT. AS SUCH, TODAY HE WIPED OUT MY ENTIRE ACCOUNT WHICH HE STARTED TRADING AT $ 10K. HE HAS NOT EVEN HAD THE COURTESY TO CHAT OR EMAIL TO EXPLAIN HIS ACTIONS OR SAY SORRY. THIS GUY IS A CROOK AND CAN NOT BE TRUSTED WITH ANY TRADING ACCOUNT. PLEASE STAY AWAY FROM HIM.
Member Since Mar 28, 2011 1008 posts
Oct 28 2011 at 05:11
I'm sorry to hear this, but here are the red flags.
1.) His first account proved to me that he is not scalping and relies on a significant amount of retracements to make a profitable trade. On sept 27,2011 he had a floating loss of $4,000 on a 7k balance. Of course he is not trading within a 5%dd level.
2.) His main account has not been updated since OCT 10,2011, while his equity is at 100%, - He never made a complete withdrawal nor did he update his account, but created a new account.
3.)Average trade duration is 12hours. That is not scalping. == This is not Scalping with Tight Stoploss unless your trading when US session closed into Asian Session. Even so, the avg trade duration and the floating loss is a clear sign of his trading style.
4.)His account is less than 1 month old.
5.) he posts random garbage all over this website to bring in views to his account - Hook and Sinker.
Why would you let someone with 1 month of trading history Manage your account?
He's not a crook. Its just false advertisement.
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