These guys are a bad joke. They keep moving their stop loss over and over again avoiding to admit they were wrong. The track record is not verified for a good reason: they do not keep updated the P/L so this way you can't see the actual disaster. For instance at this time (26.04.2018) they have a CADCHF short at 0.7380 trade (initial SL was 0.7461) they moved SL 3 times abut still it was hit, but they don't show this in the track record. A CADJPY short at 81.8 with initial SL at 83.75 was doubled down at 84.68 both at this time in red but not shown in the track record. My advice: look elsewhere since these guys are based upon luck and prays 😈
Another thing depicted by their statistics (but not shown in Myfxbook, you need an Excel for this) is that their average wining trade is 0.35% but average losing trade is (-0.68%) . And this statistics does not include the above huge looses but only their trades logged here.
I am wondering what exactly is your problem. Is it that the SLs were moved and the trades are still active or you are not comfortable that the trades are still active. I am sure you were informed in the live trading room the reasons why the SLs were moved and subsequent plans for the trades. If you had any personal issues with us, why didn't you contact us privately instead of playing dirty?
I am wondering if you do not know what the problems with this trading room are or you just pretend you don't. Anyway, this post is for your future clients to let them know what to expect for, since these issues are not specified neither before subscribing nor at the trade entry (like: Be aware our initial risk is 2% but be prepared to move SL and assume a 8% risk or a margin call). One more interesting thing: the site is registered in Nigeria in Calabar city. So maybe in Nigeria telling the truth is playing dirty.
This is how it looks today the CADCHF entered Short on 27-03-2018 at price 0.7380 with the initial stop loss at 0.7461. This trade is not shown in the history (that is why the Track Record is not Verified...so recordings can be manipulated on local PC). And this is what I could see only in a 1 month trial..
cristi01 posted: I took a while but the result was as expected: total account blow. They lost about 2k but made a fortune from people subscriptions.
The question is 'why'. After more than 2 years of profitable trading, why it's all blown within 2 or 3 months now? 😱 Didn't the trader see the signs? If no SL's were in place, why not closing trades manually then (as it was enough time to do so)?
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.