Tradingcompany4 (By Tradingcompany)

The user has deleted this system.

Tradingcompany4 Discussion

Jan 25, 2011 at 13:21
3,137 Views
40 Replies
Member Since May 18, 2010   129 posts
Apr 04, 2011 at 11:01
Wow, Ben, your account looks good.

But if Solar said you are manipulating accounts and shows proof... I have seen him crack too many frauds to ignore that. Your rash communication in reply to his proof reminds of other fraudsters.

If anyone is even remotely looking to place money with this guy, please follow Solars threads around myfxbook and see that he does excellent investigatory work always backed by hard facts. Also, notice the number of vouches he has... he didn't get them for being pretty.

1 pip pip banked is worth more than the rest out in the market.
Member Since Nov 12, 2009   272 posts
Apr 04, 2011 at 15:55
Account 5 is mine and I quit trading on Feb 2. That´s why it was not updated anymore. Regarding account 5, there has been no manipulation or blown account. However, it came close to blowing up within 40 pips in January. The account recovered, but by then I got scared and quit. Since then, TradingCompany has done incredibly well with the other accounts. Of course, today there is an open trades drawdown of 40%. Ben has been a miracle with good luck in keeping the profits coming.
Member Since Nov 12, 2009   272 posts
Apr 05, 2011 at 21:35
equity 0.00% not updated since April 2. Must have been myfxbook problem.
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 14, 2011 at 02:54
This seams to be the only account still standing after all the other accounts have been blown.

Jsantos- If Trading Company5 account is yours, you should upload the results under your profile.

Last Update April 11th, 2011 - 100% Equity . Great Job - 1 account standing out of .....



ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 14, 2011 at 03:11
Two deposits were made by credit card on March 30th, 2011 for amounts of

03.30.11 16:38 Deposit $2460.00

Hidden Broker -
Assumpti= Could be a Cents account for all we know. A $2460.00 deposit in cents would be a Real $25.00 deposit - minus the fees associated with using MoneyBookers, ALertPAy. etc.

Conclusion:
These deposits were necessary to keep the account afloat long enough to allow the MARKET to turn around.

Often associated with adding positions to a bad trade and hoping that it will turn in your favor.

This would also explain the spectacular results and high Profit Factor ratio.

The deposits were made 30 minutes apart displaying the NEED for extra Margin to continue the strategy.



ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 19, 2011 at 07:55
We couldn't be more curious to see the status of this account.
Member Since Nov 18, 2009   735 posts
Apr 19, 2011 at 09:17
I'm not sure about that - If you generate a 'custom analysis' for last month (1m option) the equity curve does not show a big DD. DD would be updated if there is trading activity, and history shows Ben was busy as a bee with plenty activity.

And the deposits could be split up if the client used a credit card with a withdrawal/purchase limit - my friend had to deposit 10k in 3 parts because of said limitation, and the deposits were made separately.

ForexScam posted:
The deposits were made 30 minutes apart displaying the NEED for extra Margin to continue the strategy.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 19, 2011 at 10:48
Speki - Thank for this information. What is your conclusion for the deposits?

Why add a large amount of capital with 0% DD and Big consistent profits?

If it is a PAMM account, I can understand an investor adding funds with this manner in response to your deposit limitation via credit card scenario.

Please Expose the Truth!
Member Since Nov 18, 2009   735 posts
Apr 19, 2011 at 11:08
Ok let me try again. If you look at this system:

https://www.myfxbook.com/members/goliat1980/pamm-system-minimum-100-profitmonth/98497

You see the red gain curve and the equity curve below it which shows a floating loss, or open DD. You don't see that on Tradingcompany4, so I suspect at the time of last update, they did not have open DD. So I think there was no desperate need to add money to avoid margin call.

Why add money to an account? Investors come, investors go ...

Not sure we're on the same bus here ... maybe I got something wrong. You could be right.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since Jan 10, 2011   60 posts
Apr 29, 2011 at 14:00
Ouch... Guess the equity was being hidden. Euro kept going up and up.. Now the account is gone...

Sorry for the losses.. It seems strange you let the losses go on for so long, what was the reason?
Member Since Feb 16, 2010   1332 posts
Apr 29, 2011 at 16:01
Mr Ben Smirt will find an excuse, be sure. I feel pitty about this account's investor.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 29, 2011 at 17:49

ForexScam posted:
   

Conclusion:
These deposits were necessary to keep the account afloat long enough to allow the MARKET to turn around.

Often associated with adding positions to a bad trade and hoping that it will turn in your favor.

This would also explain the spectacular results and high Profit Factor ratio.

The deposits were made 30 minutes apart displaying the NEED for extra Margin to continue the strategy.



5 Lots were Held SHORT on EURUSD 3.17.2011 -- However, the Equity Curve did not display this Drawdown from 3.18- 3.22 when EURUSD reached a peak of 1.4250.

5 lots == $50 a pip and average short was below 1.4000 - That would be $12500 Drawdown in total ( $50 a pip at 250 pip deviation)

Yes Ben continued to trade Short with more positions after 3.17 - However the floating positions from 3.17 would clearly show up in the equity curve. Am I wrong? Did I miss something?

Considering the Deposits -- I would think the investor could NOT be swindled in making these deposits. Would you make these deposits on March 30th, with 5 Lots Floating SHORT on EURUSD??




ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 29, 2011 at 17:51
Let a picture describe the situation.
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Apr 29, 2011 at 18:00
Just imagine how much money Ben would have made if he were to understand a Trending Market.

I'm still shocked that he decided to update this account after blowing it.

Maybe he finally wanted to redeem himself after blatantly lying about all the other blown accounts.

 
Member Since Mar 25, 2010   193 posts
Apr 29, 2011 at 18:08 (edited Apr 29, 2011 at 18:10)
ForexScam posted:
    Let a picture describe the situation.
thanks for the picture, I hope that was not someone else's money
Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
Member Since Mar 25, 2010   193 posts
Apr 29, 2011 at 18:47 (edited Apr 29, 2011 at 18:48)

Bio´s Ben
Looking forward to have your Account Manage? We can do that for you, our myfxbookaccounts page says it all, PM us or contact us at [email protected]
***********

You are totally right Ben, your 'myfxbookaccounts page says it all'😁
Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
Member Since Sep 12, 2009   313 posts
Apr 30, 2011 at 13:00
Guys I warned several days ago not to beleive this money manager
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
May 01, 2011 at 12:28

ForexScam posted:
    

Considering the Deposits -- I would think the investor could NOT be swindled in making these deposits. Would you make these deposits on March 30th, with 5 Lots Floating SHORT on EURUSD??






FXPRO - $15k loss of his personal money
Member Since Feb 16, 2010   1332 posts
May 19, 2011 at 22:04
Oh mighty Ben, where are you, we miss you. Ooops, I know - you're being chased by mad investors.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Jan 14, 2010   2299 posts
May 19, 2011 at 22:44
I wonder only about one thing. Why to look for investors if one cannot make steady safe returns without risking blowing accounts ?
What's sense?
I see a lot of traders here who do just this.
OK, I can understand scam when someone is getting money to some off shore bank as if to trade Jacko style but I cannot understand those who want to make money form trading.
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