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May 14 2020 at 18:59
4个发言
5astelija posted:
Anyone selling their 'expertise' instead of just using that knowledge for their own trading is a scammer.
There needs too be a line drawn between financial professionals securing uncorrelated revenue streams, and the instagram bot accounts that want you to send them BTC for 3000+%/month.

5astelija
Jun 01 2020 at 04:58
52个发言
taylornorboge posted:
5astelija posted:
Anyone selling their 'expertise' instead of just using that knowledge for their own trading is a scammer.
There needs too be a line drawn between financial professionals securing uncorrelated revenue streams, and the instagram bot accounts that want you to send them BTC for 3000+%/month.

Yes, but I'd rather think this 'line' is more of a scale between those 2 extremes. Its much easier to appear professional and provide low quality, than appear unprofessional and provide high quality. This is why the former must be the majority on this site as well.

FuYating
Jun 01 2020 at 11:56
11个发言
I have seen fully verified accounts with unrealistic gains are they legit or are they somehow faking it

marco_mmbiz
Jun 01 2020 at 13:32
346个发言
FuYating posted:
I have seen fully verified accounts with unrealistic gains are they legit or are they somehow faking it


Some are definitely faked. How can today's results be even real if the connected brokers don't exist anymore (or seem to be faked (no reviews, no regulations and so on))? 😉
Let's have a look on the quote from an myfxbook support email I recently got to one of my questions:
Myfxbook Support <support@myfxbook.com> wrote:
It is possible (in theory) to buy your own MT4 server and edit the trading history.


Also, you can find a possible forex scammer with his/hers behavior on the internet. Just ask for something like a real proof or just say something looks suspicious to you, and you'll get huge fake profile attacks all the time, using their multiple fake accounts to spread fake news about you.
They also only praise their systems here and only spreading fake news, sometimes they also look like bot-texts: 100% copy/paste everywhere (and only on suspicious looking 'too good to be true' results), even on FPA they're now aware about it (see my screenshot attached).

附件:


patience is the key
GabrielHumus
Jun 02 2020 at 05:06
3个发言
You need an objective strategy with clearly defined inputs / outputs and solid risk management. Most of them fail miserably for the risk management aspect ... which means they end the game rather than trading. Risk management is even more important if you trade in highly leveraged instruments and do not follow a long-term buy and hold strategy when you only collapse.

I have always traded stocks, but I gradually started the day of trading and swinging with a forex spot. They switched to oil / gold CFDs after a bit and now only trade in ES (future S & P500). Forex allowed me to test the strategy I had already tested on a demo account with a small live account. I would need a lot more to do this with the future. The fees were higher on the commercial scene of course, but I negotiate on an asymmetrical strategy where the fees represent a tiiiiiiiiiiiny% of my earnings ... so I never cared too much about them. Use the same strategy for everything, including stocks.

The reason why people sometimes call it a scam or <a href='https://shuftipro.com/identity-verification'>Id theft</a> is that there are a lot of shy brokers and coaches (read: traders who have failed to market have dreamed of selling) when it comes of forex.

Afron
Jun 03 2020 at 13:51
236个发言
marco_mmbiz posted:
FuYating posted:
I have seen fully verified accounts with unrealistic gains are they legit or are they somehow faking it


Some are definitely faked. How can today's results be even real if the connected brokers don't exist anymore (or seem to be faked (no reviews, no regulations and so on))? 😉
Let's have a look on the quote from an myfxbook support email I recently got to one of my questions:
Myfxbook Support <support@myfxbook.com> wrote:
It is possible (in theory) to buy your own MT4 server and edit the trading history.


Also, you can find a possible forex scammer with his/hers behavior on the internet. Just ask for something like a real proof or just say something looks suspicious to you, and you'll get huge fake profile attacks all the time, using their multiple fake accounts to spread fake news about you.
They also only praise their systems here and only spreading fake news, sometimes they also look like bot-texts: 100% copy/paste everywhere (and only on suspicious looking 'too good to be true' results), even on FPA they're now aware about it (see my screenshot attached).


Yes, I read your post in FPA. I will write there too.

UlianaCheck
Jun 06 2020 at 14:39
10个发言
Scammers often don't have good websites and they don't have any verified accounts on platforms like myfxbook, forexpeacearmy etc.
Also scammers are going to say that they will make you rich really fast BUT YOU NEED TO INVEST NOW. And after investing they disappear or ask for more money 'to cover the fee'.

Duktilar
Jun 09 2020 at 07:25
88个发言
I think it is very easy to recognize when you enter your first deposit and make your first withdrawal.

hannahcooper
Jun 11 2020 at 05:46
2个发言
Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist.If the forex broker is commingling funds or limiting customer withdrawals, it could be an indicator that something fishy is going on.

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