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PAMM recommendation
forex_trader_178891
Membro Desde Feb 26, 2014
97 postagens
Sep 18, 2014 at 15:53
(editado há Sep 18, 2014 at 15:55)
juham posted:
Does anyone know why this account (url below) has so many deposits and then almost immediate withdrawals of the same amount?
http://www.myfxbook.com/members/Alexprofit77/alexprofit/956592
At first I thought the trader might be trying to reduce his/her drawdowns but it seems he/she deposits even when the account isnt in drawdown.
Many scammers use cent account to scam people .
The trick is simple .they deposit $100 and make it like $10 k in cent account .
When the DD going big than they deposit $100 more . ( every time you deposit more fund the DD will going down ) .So the number look perfect than withdraw money when the number down .And keep doing like that .
With about $500 even litte kid can make account number look perfect that way for long times (few years or longer ).
For people follow his signal or people buy his EA will be wiped out .
forex_trader_202879
Membro Desde Aug 07, 2014
378 postagens
Sep 18, 2014 at 20:17
vinabao posted:juham posted:
Does anyone know why this account (url below) has so many deposits and then almost immediate withdrawals of the same amount?
http://www.myfxbook.com/members/Alexprofit77/alexprofit/956592
At first I thought the trader might be trying to reduce his/her drawdowns but it seems he/she deposits even when the account isnt in drawdown.
Many scammers use cent account to scam people .
The trick is simple .they deposit $100 and make it like $10 k in cent account .
When the DD going big than they deposit $100 more . ( every time you deposit more fund the DD will going down ) .So the number look perfect than withdraw money when the number down .And keep doing like that .
With about $500 even litte kid can make account number look perfect that way for long times (few years or longer ).
For people follow his signal or people buy his EA will be wiped out .
I wouldn't go as far as saying they are scamming, but I will say is that if the account is 10usd or 10,000usd the % change is still the same. The trades would have to be executed the same way to get the desired results.
Membro Desde Nov 13, 2010
44 postagens
Sep 20, 2014 at 15:11
I won't call them scammers. But making a $100 account look like a $10K account is quite deceiving.
forex_trader_178891
Membro Desde Feb 26, 2014
97 postagens
Sep 21, 2014 at 05:03
(editado há Sep 21, 2014 at 05:12)
Cholipop posted:vinabao posted:juham posted:
Does anyone know why this account (url below) has so many deposits and then almost immediate withdrawals of the same amount?
http://www.myfxbook.com/members/Alexprofit77/alexprofit/956592
At first I thought the trader might be trying to reduce his/her drawdowns but it seems he/she deposits even when the account isnt in drawdown.
Many scammers use cent account to scam people .
The trick is simple .they deposit $100 and make it like $10 k in cent account .
When the DD going big than they deposit $100 more . ( every time you deposit more fund the DD will going down ) .So the number look perfect than withdraw money when the number down .And keep doing like that .
With about $500 even litte kid can make account number look perfect that way for long times (few years or longer ).
For people follow his signal or people buy his EA will be wiped out .
I wouldn't go as far as saying they are scamming, but I will say is that if the account is 10usd or 10,000usd the % change is still the same. The trades would have to be executed the same way to get the desired results.
You still don't understand about how they control DD by adding deposit .
In order for people follow his signal or buy his EA . He must show the record history for 6 months .
I is supper easy to make record look nice for 6 months by adding more deposit .(add few more hundred $ in to account is no problem for any body ).
after 6 months than he start show the record with prefect number ( all the time low DD and good return ).
now he start sell EA or signal .think about if he can sell for $2 k a month . how long do you think he can make profit ? 1 month .invest few hundred bucks and make few thousand $ a month by selling signal .he can not lose in this game , even he can survive for few months , who knows if he lucky than a year or longer .
here is the trick again :
You have account balance $100 .If you want to lower DD by 50% than deposit $100 more .$100 is easy to have to add more on trouble account to lower DD . and even if the DD getting bigger .There is no problem by double balance by deposit $200 more , so DD will even muck lower or account will not be blow up .
Just imagine you have $10 k or $100 k account .
now you want to lower DD by 50 % ? you need $100 k more to do this . if you need to save account you nee to even deposit $200k more for second time . do you think any body has $200 k ready .
so now you see the different ?
So yes , it is scammer .
Membro Desde Nov 13, 2010
44 postagens
Sep 21, 2014 at 05:34
Adding $100 is very different form adding $100K. Totally agree with Vn.
forex_trader_202879
Membro Desde Aug 07, 2014
378 postagens
Sep 21, 2014 at 06:52
bkforex posted:
I won't call them scammers. But making a $100 account look like a $10K account is quite deceiving.
The biggest thing about scammers is how they use deception to attract sheep! Thus making that guy a scammer! I am sure he didnt tell anyone that it is a cent account.
Membro Desde Aug 09, 2014
78 postagens
Sep 21, 2014 at 10:42
I think that anytime you see altered data you have just to skip and don't lose time. We have to spend energy for analysis of 100% transparent data.
Be an investor, not a gambler!
Membro Desde Jan 22, 2014
21 postagens
Oct 31, 2014 at 22:51
check my PAMM account:
http://www.myfxbook.com/members/realreason/trade2ficom-max-risk-pamm-/959253
http://www.myfxbook.com/members/realreason/trade2ficom-max-risk-mam-/1018652
http://www.myfxbook.com/members/realreason/trade2ficom-max-risk-pamm-/959253
http://www.myfxbook.com/members/realreason/trade2ficom-max-risk-mam-/1018652
skype ID:realreasonDY
Membro Desde Dec 13, 2012
36 postagens
Dec 16, 2014 at 07:23
https://www.myfxbook.com/members/netzarada/wwwforexzaradacom/1002203
this is usd acount and only one started deposit. We alwaays showing real mt4 to investors
this is usd acount and only one started deposit. We alwaays showing real mt4 to investors
Membro Desde May 22, 2012
219 postagens
Dec 16, 2014 at 15:45
U can also identify that kind of scam seeing difference between Gain and Absolute Gain
Example:
Trade2FI.com-MAX PROFIT PAMM @ FXPIG
Gain:+324.12%
Abs. Gain:+41.97%
Example:
Trade2FI.com-MAX PROFIT PAMM @ FXPIG
Gain:+324.12%
Abs. Gain:+41.97%
Caution ¡¡ Forex market is full of scams ¡¡
Membro Desde Dec 13, 2012
36 postagens
Dec 16, 2014 at 21:12
YOU Aways have right t see mail mt4 platform and histpry there. if trader or manager refuse... this is real prof that they hiding somthing. Its simple
Membro Desde Jan 28, 2013
40 postagens
Jan 07, 2015 at 13:47
High, Find my trading records, not 4% drawdowns though.. lol, I need to make more profits..
Live account Safe Trading: http://www.myfxbook.com/members/ophili/ophili-gpamm/1044408/A2ROKmeNr2AQww3oYtBx
Demo Account: http://www.myfxbook.com/members/ophili/ophili-d-system/988504
Live Account High risk : http://www.myfxbook.com/members/ophili/ophili-sample-pamm/1022752
As usual , All trades have stop loss, and take profits.. Message me to connect you to my pamm account..
Regards
O.Philip
Live account Safe Trading: http://www.myfxbook.com/members/ophili/ophili-gpamm/1044408/A2ROKmeNr2AQww3oYtBx
Demo Account: http://www.myfxbook.com/members/ophili/ophili-d-system/988504
Live Account High risk : http://www.myfxbook.com/members/ophili/ophili-sample-pamm/1022752
As usual , All trades have stop loss, and take profits.. Message me to connect you to my pamm account..
Regards
O.Philip
love pips
Membro Desde Jan 28, 2013
40 postagens
Jan 15, 2015 at 13:22
wow!! can someone see what happened to all chf? This is why I always advice a stop loss in all trades. It happened within minutes .
love pips
Membro Desde Aug 09, 2014
78 postagens
Jan 15, 2015 at 13:47
Be an investor, not a gambler!
forex_trader_202879
Membro Desde Aug 07, 2014
378 postagens
Jan 15, 2015 at 14:34
ophili posted:
wow!! can someone see what happened to all chf? This is why I always advice a stop loss in all trades. It happened within minutes .
Now you see what happens to your account when you have an open order. Even with a stop loss, the market can skip it open you 200 pips in the opposite direction on the next tick. The only way to avoid it is to not have an open order. EA's get all eaten up UNLESS you have a code which identifies that glitch and doesn't allow an open order.
Membro Desde Dec 13, 2012
36 postagens
Jan 15, 2015 at 16:06
this is becoue swiss protecting euro, end set up fixed price for eur chf.... Now change this and we see consequences. actually this is realyty and we see that euro is almoust dead
forex_trader_202879
Membro Desde Aug 07, 2014
378 postagens
Jan 15, 2015 at 19:35
Hello everyone. Please have a look at this youtube video.
Membro Desde Dec 09, 2014
10 postagens
Jan 17, 2015 at 10:34
how come recommendation can make you profit
Membro Desde Jan 28, 2013
40 postagens
Jan 26, 2015 at 20:10
Cholipop posted:ophili posted:
wow!! can someone see what happened to all chf? This is why I always advice a stop loss in all trades. It happened within minutes .
Now you see what happens to your account when you have an open order. Even with a stop loss, the market can skip it open you 200 pips in the opposite direction on the next tick. The only way to avoid it is to not have an open order. EA's get all eaten up UNLESS you have a code which identifies that glitch and doesn't allow an open order.
Well that too is possible, but I don't think it would occur in all fxbrokers
love pips
Membro Desde Nov 20, 2014
3 postagens
Feb 06, 2015 at 13:18
myfxday posted:
Hi,
It's my Long Term Strategy Test.
Trades will stay open from 10 to 30 days.
Target TP is 229 pips and SL is 129 pips
https://www.myfxbook.com/members/myfxday/myfxday-long-term/1011537
It seems this strategy is not suitable for 2015.😐
