PAMM recommendation

juham posted:
Does anyone know why this account (url below) has so many deposits and then almost immediate withdrawals of the same amount?

https://www.myfxbook.com/members/Alexprofit77/alexprofit/956592

At first I thought the trader might be trying to reduce his/her drawdowns but it seems he/she deposits even when the account isnt in drawdown.

Many scammers use cent account to scam people .
The trick is simple .they deposit $100 and make it like $10 k in cent account .
When the DD going big than they deposit $100 more . ( every time you deposit more fund the DD will going down ) .So the number look perfect than withdraw money when the number down .And keep doing like that .
With about $500 even litte kid can make account number look perfect that way for long times (few years or longer ).
For people follow his signal or people buy his EA will be wiped out .

vinabao posted:

juham posted:
Does anyone know why this account (url below) has so many deposits and then almost immediate withdrawals of the same amount?

https://www.myfxbook.com/members/Alexprofit77/alexprofit/956592

At first I thought the trader might be trying to reduce his/her drawdowns but it seems he/she deposits even when the account isnt in drawdown.

Many scammers use cent account to scam people .
The trick is simple .they deposit $100 and make it like $10 k in cent account .
When the DD going big than they deposit $100 more . ( every time you deposit more fund the DD will going down ) .So the number look perfect than withdraw money when the number down .And keep doing like that .
With about $500 even litte kid can make account number look perfect that way for long times (few years or longer ).
For people follow his signal or people buy his EA will be wiped out .

 I wouldn't go as far as saying they are scamming, but I will say is that if the account is 10usd or 10,000usd the % change is still the same. The trades would have to be executed the same way to get the desired results.

I won't call them scammers. But making a $100 account look like a $10K account is quite deceiving.

Cholipop posted:

vinabao posted:

juham posted:
Does anyone know why this account (url below) has so many deposits and then almost immediate withdrawals of the same amount?

https://www.myfxbook.com/members/Alexprofit77/alexprofit/956592

At first I thought the trader might be trying to reduce his/her drawdowns but it seems he/she deposits even when the account isnt in drawdown.

Many scammers use cent account to scam people .
The trick is simple .they deposit $100 and make it like $10 k in cent account .
When the DD going big than they deposit $100 more . ( every time you deposit more fund the DD will going down ) .So the number look perfect than withdraw money when the number down .And keep doing like that .
With about $500 even litte kid can make account number look perfect that way for long times (few years or longer ).
For people follow his signal or people buy his EA will be wiped out .

 I wouldn't go as far as saying they are scamming, but I will say is that if the account is 10usd or 10,000usd the % change is still the same. The trades would have to be executed the same way to get the desired results.

You still don't understand about how they control DD by adding deposit .
In order for people follow his signal or buy his EA . He must show the record history for 6 months .
I is supper easy to make record look nice for 6 months by adding more deposit .(add few more hundred $ in to account is no problem for any body ).
after 6 months than he start show the record with prefect number ( all the time low DD and good return ).
now he start sell EA or signal .think about if he can sell for $2 k a month . how long do you think he can make profit ? 1 month .invest few hundred bucks and make few thousand $ a month by selling signal .he can not lose in this game , even he can survive for few months , who knows if he lucky than a year or longer .
here is the trick again :
You have account balance $100 .If you want to lower DD by 50% than deposit $100 more .$100 is easy to have to add more on trouble account to lower DD . and even if the DD getting bigger .There is no problem by double balance by deposit $200 more , so DD will even muck lower or account will not be blow up .
Just imagine you have $10 k or $100 k account .
now you want to lower DD by 50 % ? you need $100 k more to do this . if you need to save account you nee to even deposit $200k more for second time . do you think any body has $200 k ready .
so now you see the different ?
So yes , it is scammer .

Adding $100 is very different form adding $100K. Totally agree with Vn.

bkforex posted:
I won't call them scammers. But making a $100 account look like a $10K account is quite deceiving.

 The biggest thing about scammers is how they use deception to attract sheep! Thus making that guy a scammer! I am sure he didnt tell anyone that it is a cent account.

I think that anytime you see altered data you have just to skip and don't lose time. We have to spend energy for analysis of 100% transparent data.

check my PAMM account:

https://www.myfxbook.com/members/realreason/trade2ficom-max-risk-pamm-/959253

https://www.myfxbook.com/members/realreason/trade2ficom-max-risk-mam-/1018652

https://www.myfxbook.com/members/netzarada/wwwforexzaradacom/1002203
this is usd acount and only one started deposit. We alwaays showing real mt4 to investors

U can also identify that kind of scam seeing difference between Gain and Absolute Gain
Example:

Trade2FI.com-MAX PROFIT PAMM @ FXPIG
Gain:+324.12%
Abs. Gain:+41.97%

YOU Aways have right t see mail mt4 platform and histpry there. if trader or manager refuse... this is real prof that they hiding somthing. Its simple

High, Find my trading records, not 4% drawdowns though.. lol, I need to make more profits..

Live account Safe Trading: https://www.myfxbook.com/members/ophili/ophili-gpamm/1044408/A2ROKmeNr2AQww3oYtBx

Demo Account: https://www.myfxbook.com/members/ophili/ophili-d-system/988504

Live Account High risk : https://www.myfxbook.com/members/ophili/ophili-sample-pamm/1022752


As usual , All trades have stop loss, and take profits.. Message me to connect you to my pamm account..

Regards
O.Philip

wow!! can someone see what happened to all chf? This is why I always advice a stop loss in all trades. It happened within minutes .

https://www.forexlive.com/blog/2015/01/15/snb-ends-cap/

ophili posted:
wow!! can someone see what happened to all chf? This is why I always advice a stop loss in all trades. It happened within minutes .

 Now you see what happens to your account when you have an open order. Even with a stop loss, the market can skip it open you 200 pips in the opposite direction on the next tick. The only way to avoid it is to not have an open order. EA's get all eaten up UNLESS you have a code which identifies that glitch and doesn't allow an open order.

this is becoue swiss protecting euro, end set up fixed price for eur chf.... Now change this and we see consequences. actually this is realyty and we see that euro is almoust dead

Hello everyone. Please have a look at this youtube video.

how come recommendation can make you profit

Cholipop posted:

ophili posted:
wow!! can someone see what happened to all chf? This is why I always advice a stop loss in all trades. It happened within minutes .

 Now you see what happens to your account when you have an open order. Even with a stop loss, the market can skip it open you 200 pips in the opposite direction on the next tick. The only way to avoid it is to not have an open order. EA's get all eaten up UNLESS you have a code which identifies that glitch and doesn't allow an open order.

Well that too is possible, but I don't think it would occur in all fxbrokers