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forexma

Biedrs kopš Feb 16, 2010  1332 ieraksti SolarFX (forexma) 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

Biedrs kopš Mar 28, 2011  1008 ieraksti ForexScam 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

Biedrs kopš Mar 28, 2011  1008 ieraksti ForexScam Apr 29 2011 at 17:51
Let a picture describe the situation.
Pielikumi:

ForexScam

Biedrs kopš Mar 28, 2011  1008 ieraksti ForexScam 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.

 

tapachula

Biedrs kopš Mar 25, 2010  193 ieraksti Miguel (tapachula) Apr 29 2011 at 18:08 (labots 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 ;)
tapachula

Biedrs kopš Mar 25, 2010  193 ieraksti Miguel (tapachula) Apr 29 2011 at 18:47 (labots 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 bensmirt@yahoo.co.uk
***********

You are totally right Ben, your 'myfxbookaccounts page says it all'lol

Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
kishorejoga

Biedrs kopš Sep 12, 2009  313 ieraksti kishorejoga Apr 30 2011 at 13:00
Guys I warned several days ago not to beleive this money manager

ForexScam

Biedrs kopš Mar 28, 2011  1008 ieraksti ForexScam 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

forexma

Biedrs kopš Feb 16, 2010  1332 ieraksti SolarFX (forexma) 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."
Chikot

Biedrs kopš Jan 14, 2010  2299 ieraksti Chikot 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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EURUSD 1.19129 GBPUSD 1.33489
USDJPY 104.172 USDCAD 1.30209

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.