Scalper Discussion

today you deposited 4000 then 1 second later withdraw 4000. why did you do this?

it was bonus that was out from bonus and get into my equity

Ok. thank you.

kebayamwamba posted:
today you deposited 4000 then 1 second later withdraw 4000. why did you do this?

 He is simply depositing funds to keep his equity high. Notice how he has made private his open trades. That would reveal his scheme, and how why he keeps adding adding depositing to his account. It doesn't take a genius to see he has profited. Yet look at his absolute profit. :) Almost 8 times lower then over all profit. That is because when he closes positions for a win. He then enters a new position which end up taking a big loss. So to prevent a margin call, he simply re-deposits. Just look at the difference between his balance and equity. :) A 50 pip swing against him will knock his equity down about 25-30% :)

Here is proof. Look at his open trades from today. From 15:11 till last open order he shorted a total of 24.3 lots of eur/usd using 500:1 leverage. Of course he broke these orders into blocks of .9 pips. As the price went up his script kept adding the .9 lots. At this point he was in eur/usd where every pip would be worth 240 dollars per pip profit/loss :) This is about 5,000 usd in margin to secure this position. So he is using about 10% of his account. Every 20 pip loss he will be in the hole 5000usd.

 Now what he does if you look at his closed trades. Which is the reason why he doesn't want to verify his account. It will show you pip draw down. Basically the amount of pips he was in red, before he closed the position for either profit or loss. :) By him not verifying the account. We would have to open each trade one by one to find out. Yes he is using an ea, but only to enter block orders in, once he is down a certain amount of pips. No science here.

ok speak as much u can check only results daily one slap for u

AmberLynn posted:

kebayamwamba posted:
today you deposited 4000 then 1 second later withdraw 4000. why did you do this?

 He is simply depositing funds to keep his equity high. Notice how he has made private his open trades. That would reveal his scheme, and how why he keeps adding adding depositing to his account. It doesn't take a genius to see he has profited. Yet look at his absolute profit. :) Almost 8 times lower then over all profit. That is because when he closes positions for a win. He then enters a new position which end up taking a big loss. So to prevent a margin call, he simply re-deposits. Just look at the difference between his balance and equity. :) A 50 pip swing against him will knock his equity down about 25-30% :)

i wish there was a way i could click lick to your comment :)

Good system , but this isn't scalper. time duration : 6 hours lol . I'm running a different scalper https://www.myfxbook.com/members/mscalping/xscalping/519318

some trades are of hours as i m risking my fund why dont u peoplecheck starting days of my account

some mixed( auto+manual) sort of scalping from me too : https://www.myfxbook.com/members/Andrew7788/fx/524625 😄

Verifying my track record (MetaTrader 4)
Since performance can be easily manipulated with MetaTrader accounts, we have created an automatic verification system.
The verification system will automatically check and eliminate any discrepancies, restore missing data, and recalculate your account.

Thanks Myfxbook 😁

I guess 'BellaVista' has been banned from this discussion by 'pipstrader' because of his critiques and observations, so I feel my duty to post his message here...

BellaVista507 posted:
 We have a trader called 'pipstrader' Here is his profile.

https://www.myfxbook.com/members/pipstrader/scalper/503181

 This trader is selling an EA for 500usd when his system shows he has profited almost 1000% using his method of trading. Besides the fact that if someone had an EA which could produce these results why would you sell it. The fact is this trader 'pipstrader' is manipulating his stats to make it appear as if he is trading very well.

1) His initial deposit was that of 12k dollars. Which was a very good deposit size. Yet what he is doing is using small lots, in both directions of the currency which he is entering. Basically a hedge. Yet, he keeps adding to these positions at every 10 pip change in price. What he then does is close the trades in green. This gives him a very high win % such as what he has. Yet this will still leave the losing hedge position. He then waits for the price to come back to break even in which he closes it at a profit of about 3 to 5 pips.

2) Look at his absolute profit. After he closes a hedge for a win, he is now betting that the price will go back to the price of losing trades. Yet when the trade does not do so, he then ends up slipping into red. At which point he re-deposits the same amount of funds he just withdrew. :) Simply look at history and you will see exactly what it is I am referring to.

3) He is also per position using .004% of his total account, in which he keeps adding another .004% after every 5 pip loss. If anyone follows this method of trading. They will experience a margin call, as your balance isn't as large as his. Assuming that the price will slip away from you.

4) He only allows myfxbook to update his account once he closes a position. :) Do you know why? So we won't see his active equity floating around. As of right now it has been 13 hours since myfxbook and his broker has been able to communicate. :)

5) He hides his open positions. This is the key to the scam. If he simply had this feature open. It would reveal to you that he has hedges running, and it will show you his PIP draw down (very different from Draw down %)

6) His account isn't verified. Because he has not verified his account. It won't allow myfxbook to show the little graphical stats of his positions.

 Ladies and gents. What ever you do, please do not send that guy one penny for his 'EA'. You will be scammed and left holding the bag.

$ money makes money $

FxMasterGuru posted:
I guess 'BellaVista' has been banned from this discussion by 'pipstrader' because of his critiques and observations, so I feel my duty to post his message here...

BellaVista507 posted:
 We have a trader called 'pipstrader' Here is his profile.

https://www.myfxbook.com/members/pipstrader/scalper/503181

 This trader is selling an EA for 500usd when his system shows he has profited almost 1000% using his method of trading. Besides the fact that if someone had an EA which could produce these results why would you sell it. The fact is this trader 'pipstrader' is manipulating his stats to make it appear as if he is trading very well.

1) His initial deposit was that of 12k dollars. Which was a very good deposit size. Yet what he is doing is using small lots, in both directions of the currency which he is entering. Basically a hedge. Yet, he keeps adding to these positions at every 10 pip change in price. What he then does is close the trades in green. This gives him a very high win % such as what he has. Yet this will still leave the losing hedge position. He then waits for the price to come back to break even in which he closes it at a profit of about 3 to 5 pips.

2) Look at his absolute profit. After he closes a hedge for a win, he is now betting that the price will go back to the price of losing trades. Yet when the trade does not do so, he then ends up slipping into red. At which point he re-deposits the same amount of funds he just withdrew. :) Simply look at history and you will see exactly what it is I am referring to.

3) He is also per position using .004% of his total account, in which he keeps adding another .004% after every 5 pip loss. If anyone follows this method of trading. They will experience a margin call, as your balance isn't as large as his. Assuming that the price will slip away from you.

4) He only allows myfxbook to update his account once he closes a position. :) Do you know why? So we won't see his active equity floating around. As of right now it has been 13 hours since myfxbook and his broker has been able to communicate. :)

5) He hides his open positions. This is the key to the scam. If he simply had this feature open. It would reveal to you that he has hedges running, and it will show you his PIP draw down (very different from Draw down %)

6) His account isn't verified. Because he has not verified his account. It won't allow myfxbook to show the little graphical stats of his positions.

 Ladies and gents. What ever you do, please do not send that guy one penny for his 'EA'. You will be scammed and left holding the bag.

Hey tell your friend 'BellaVista507' that how come he has already withdrawn money on March 28 if he is doing something with his MT4? I just see some are jealous here because they don't have systems like these like me, Pipstrader and the rest of the successful traders out there. You will scratch your butt 'BellaVista507' and won't possess systems like these because you always criticize us good traders and never believed on our work.

young chang good keep it up.same things again

u send me westren union details of mine. but keep it up ur bad work

Bella vista is not a trader he is here to comment bad about systems well people like that are welcome to be jealous here do their poor work

Hello Pipstrader,
can you please send Youngchang the system,
he showed me the receipt......
maybe there is misunderstanding here.

Ramliam bro asked him when i said him that i m not sending him the ea just yet not confirmed by westren union the MTCN num how i can send him tel me this thing?before saying scam he should have to chat with me to clear his view.shame on his work