Jeff5796 posted:

Magiic posted:

Jeff5796 posted:
only close profit trades and hold on to losing trades (over negative 400 pips per trades)?

What a great scammer

Scammer? His max DD is 13.81% over 4 years....

*Your 1 account has 37% DD, does that make you 3x the scammer?

I didn't say I'm best trader. He is using ATC Brokers which incorporated 2015 in US? Since when US allow forex company to open there? The normal spread will kill at least half of the profit gain. I may trust him if he using Oanda, Axitrader or FXDD which more reliable

Jeff5796 posted:
only close profit trades and hold on to losing trades (over negative 400 pips per trades)?

What a great scammer

Solaris_CM posted:
Are you kidding??!! This system ONLY sells EURUSD. Has anyone asked the question 'What happens when the EURUSD stops going down?'

Or is that an impossibility in your mind?

So the ECB won't go with negative rates, and what happens if the FED decides not to raise rates??? Well, I will tell you. EURUSD will go sky high, and Viper will crash his managed accounts. His signal will look ugly, but it won't crash. Just take a huge loss.

Wake up. This system is a one trick pony and the show is almost over.

You have to understand these types of money managers. This one, Jeff, gets 30% of monthly profits. He is making a very nice living for himself and has no regard for the investors. When the account eventually crashes and burns, the money manager, Jeff, keeps his earned fee while the account holders take all the losses. Just as any hedge fund manager that blows an account, they simply fold up and open a new fund under a different name.

Does Jeff have any of his own money in this account?

money0101 posted:
With a balance of slightly over 200k and 5k profit, wouldn't it make more sense to bring your money to the bank and get a low risk index fund or ETF? I mean seriously, is there even a point of trading so much and then bringing home 2.5%?
Sorry if I am being controversial, I just want to understand the logic here...

MT4TraderA posted:
Better close those losing eurusd positons and go long now before it gets worse.

Magiic posted:

MT4TraderA posted:
Better close those losing eurusd positons and go long now before it gets worse.

Pretty sure his trades are based on the negative fundamentals surrounding the Eurozone, none of which have changed regardless of the 100 pip up swing...

sderrick posted:
A 95% success rate means he's running his losing trades and taking small 10 pip profits where ever possible. Such a high success rate is to be expected when you have a profit target of 10 pips and a stop loss of 300 pips or more!

the question is how long can he last?

In my experience this is a classic newbie bait portfolio designed to appeal to naive copiers who expect to see a profit every day.

If the current EUR/USD move continues against him I will be interested to see where he eventually bites the bullet if at all. Currently he's got a book loss of around $13,000!