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Community can vote if system is fraud Vote Results

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Stephanus Rensburg (stephanusR)
May 31 2010 at 10:19
216 posts
There are to many systems claiming 2000% with posters outing it as fraud. Implement a system where every registered myfxbook trader with a two month track record can flag a system as fraud. Such as system can be displayed on a separate page. For example Bernard from Bulgaria is using sockpuppets(One can easily identify him by his eastern European accent and grammar mistakes.
) and running 2000 EA's on a cloud computing system and then posting only the winners in the top 10 ranking whether demo or real. All the systems claiming 200%+ profit whether demo or real is virtually nothing but fiction.

fischerforex
May 31 2010 at 14:54
6 posts
So just because some people don't believe a system is possible it makes it a fraud? Wouldn't a better idea just to be ignore the person who you think is lying?

Stephanus Rensburg (stephanusR)
May 31 2010 at 17:27
216 posts
fischerforex posted:
    So just because some people don't believe a system is possible it makes it a fraud? Wouldn't a better idea just to be ignore the person who you think is lying?


Not really because the top 30 is all by the same person Bernard from Bulgaria or whatever sockpuppet he is posting under.

Steve B (stevetrade)
May 31 2010 at 17:46
1408 posts
Personally I think this is a good idea. However it needs to be used correctly. I think there are some people on here that rubbish any system that performs better than their own.

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.
Stephanus Rensburg (stephanusR)
Jun 02 2010 at 16:39
216 posts

stevetrade posted:
    Personally I think this is a good idea. However it needs to be used correctly. I think there are some people on here that rubbish any system that performs better than their own.



You have a valid point Steve. A trader should then edit his forum page and provide a link to a signaling service such as yours IronMan linked to Tradency. Othes are zulutrade and collective2. A double verification system shows one isn't a fraud. Note that for example the 2400% gain systems don't link their accounts to a signaling service. You can imagine how traders will subscribe to such as system, but it is fiction, the 2000% from https://www.myfxbook.com/members/adryfx/wwwadry-fxblogspotcom/16206 is an hallucination.

Fill or Kill (cateful)
Jun 02 2010 at 19:40
87 posts

stephanusR posted:
    
fischerforex posted:
    So just because some people don't believe a system is possible it makes it a fraud? Wouldn't a better idea just to be ignore the person who you think is lying?


Not really because the top 30 is all by the same person Bernard from Bulgaria or whatever sockpuppet he is posting under.


I don't think I'm from Bulgaria, lol.

Zebra (zebra)
Aug 11 2010 at 04:48
55 posts

stephanusR posted:
    
stevetrade posted:
    Personally I think this is a good idea. However it needs to be used correctly. I think there are some people on here that rubbish any system that performs better than their own.



You have a valid point Steve. A trader should then edit his forum page and provide a link to a signaling service such as yours IronMan linked to Tradency. Othes are zulutrade and collective2. A double verification system shows one isn't a fraud. Note that for example the 2400% gain systems don't link their accounts to a signaling service. You can imagine how traders will subscribe to such as system, but it is fiction, the 2000% from https://www.myfxbook.com/members/adryfx/wwwadry-fxblogspotcom/16206 is an hallucination.


This is a great concept... Maybe we can implement this into the External Money manager section if it is released.

So we have double verification that the System is real and more than one Broker can be used for these results

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