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Scammers - Hall of Shame

  • #2,281
  • Jul 28, 2017 1:44am Jul 28, 2017 1:44am
Quoting realjumper
{quote} Thanks for reposting this Red...and for keeping this scumbag rip off artist under the spotlight. One wonders why Twee hasn't revoked his membership, I have supplied all the evidence and yet Twee doesn't even have the courtesy to reply to me. He must be a part time worker as he seems to do very, very little in this place to keep things honest and above board.
Thanks my friend , it was a pleasure to collaborate with you and reposting your work about this scammer. The spotlight above him will always be on.
  • #2,282
  • Jul 28, 2017 2:05am Jul 28, 2017 2:05am
In a recent post , Analyst786 said : " +26 pips today my strategy is proven i am so happy .. sooner or later i must should find good investors .. atleast i
ma able to make 30 % daily ... without drawdown .. .. i am improving myself . and i i will never give up ..i know with hard work my future is bright ."
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"sooner or later i must should find good investors" ? mmh , and do you think to find good investors by posting a simple screenshot with DEMO account
with Balance , Unrealized and Equity HIDDEN ?

Good luck for your " bright future " .
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  • #2,283
  • Jul 28, 2017 6:48am Jul 28, 2017 6:48am
Pretty much says it all...and people actually paid for this nonsense
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Plan, Prepare, Execute, Repeat
  • #2,284
  • Jul 28, 2017 8:25am Jul 28, 2017 8:25am
Quoting swingtrade65
Pretty much says it all...and people actually paid for this nonsense {image} {image}
Its funny that you see all these TEs with massive amounts of trades that are negative 100+ pips and then you go and look at the closed trades and you see all these closed trades that are in the green for 15 pips or less.

You almost would think people would try to do the opposite.
  • #2,285
  • Edited 9:01am Jul 28, 2017 8:50am | Edited 9:01am
Attached Image (click to enlarge)
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GhostBiker

- Demo Account
- BCFX Broker
- 76% drawdown
- 1.04 profit factor
- Commission plus swap fees are -$10957 while equity minus deposit = $5742

Currently has 49 trades open. 40 of those trades are each over 300 pips in loss.

People pay for this, rofl.

Attached Image
  • #2,286
  • Jul 28, 2017 9:54am Jul 28, 2017 9:54am
Quoting redoktober
In a recent post , Analyst786 said : " +26 pips today my strategy is proven i am so happy .. sooner or later i must should find good investors .. atleast i ma able to make 30 % daily ... without drawdown .. .. i am improving myself . and i i will never give up ..i know with hard work my future is bright ." {image} "sooner or later i must should find good investors" ? mmh , and do you think to find good investors by posting a simple screenshot with DEMO account with Balance , Unrealized and Equity HIDDEN ? Good luck for your " bright future " . {image}...

every thing is open now

basically i am trying to make profit with 100 pips back up ( what i do ..i convert any amount of money into 100 pips and then trade on it
  • #2,287
  • Jul 28, 2017 12:01pm Jul 28, 2017 12:01pm
Quoting analyst786
{quote} every thing is open now basically i am trying to make profit with 100 pips back up ( what i do ..i convert any amount of money into 100 pips and then trade on it
Do you realise that all that converting matters nil as long as is done with demo dollars?
there is always, always another trade!!
  • #2,288
  • Jul 28, 2017 9:14pm Jul 28, 2017 9:14pm
my new idea discuss here update new scammer guys name here https://www.forexfactory.com/showthr...6#post10135106
  • #2,289
  • Jul 29, 2017 1:00am Jul 29, 2017 1:00am
Quoting Encody123
my new idea discuss here update new scammer guys name here https://www.forexfactory.com/showthr...6#post10135106
Great idea, actually was thinking about creating a similar fresh thread but you beat me to it hehe. It's always a pleasure to sabotage scammers and render all their pathetic efforts for scamming people useless. But why make it high impact reply only? This way you might limit crowd participation, which seems the main purpose of such threads. Either way good luck with your thread and I hope it helps FF community, specially noob traders.
  • #2,290
  • Jul 29, 2017 2:54am Jul 29, 2017 2:54am
Quoting Encody123
my new idea discuss here update new scammer guys name here https://www.forexfactory.com/showthr...6#post10135106

how u dare to add me in the list of scammer ? while i am not ..no proof ..it is clash ..
  • #2,291
  • Jul 29, 2017 2:56am Jul 29, 2017 2:56am
Quoting profitfarmer
{quote} Do you realise that all that converting matters nil as long as is done with demo dollars?
a demo account watching by 100 of members is so so more important than a real account which is not watching by members ..
  • #2,292
  • Jul 29, 2017 3:31am Jul 29, 2017 3:31am
Quoting analyst786
{quote} a demo account watching by 100 of members is so so more important than a real account which is not watching by members ..
Your scam can be smelled miles away, because your whole scheme contradicts it's self. Your strategy is guaranteed and with zero DD (as you claim)?? Open a live account with a reputable regulated broker with only 10 $, according to your lot sizing in your phoney screen shots, 1000 $ = 1 std lot, so 10$ = 0.01 std lot. With 10% daily profit as you suggest, you can reach 10k $ in 73 trading days, 100 k in 97 trading days, Bill Gates fortune in 241 trading days, financial system collapse in 1 year. For me, that would be the best 10 $ investment ever. Oh wait, your are that poor to invest just 10$?? No problem, just sell one of your goats in Pakistan and your can buy back all goats in the world in no time. You could do that, but instead you are here begging people to buy your scam, and wasting your time posting and replying in threads to market your fraud. Thanks to good people around here, your efforts have gone to waste, same thing applies to all other scammers here.

Peace.
  • #2,293
  • Jul 29, 2017 3:33am Jul 29, 2017 3:33am
I refer to my post # 2,272 about scammer Zefx.
Updating July 28, 2017
Eur/Jpy M5
Ok , this is the today's post of Zefx :
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As you see , this is " professional trading template " screenshot that Zefx sells at a high price :
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And this is the FREE template screenshot :
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As you see, the system is the same.
The only difference is that one is for a fee , while the other is totally free .
Free template & indicator are available here : https://www.forexfactory.com/showthr...8#post10113128
( Thanks again Realjumper ! )
  • #2,294
  • Edited 2:43pm Jul 29, 2017 1:57pm | Edited 2:43pm
Quoting Rmk90
{quote} Your scam can be smelled miles away, because your whole scheme contradicts it's self. Your strategy is guaranteed and with zero DD (as you claim)?? Open a live account with a reputable regulated broker with only 10 $, according to your lot sizing in your phoney screen shots, 1000 $ = 1 std lot, so 10$ = 0.01 std lot. With 10% daily profit as you suggest, you can reach 10k $ in 73 trading days, 100 k in 97 trading days, Bill Gates fortune in 241 trading days, financial system collapse in 1 year. For me, that would be the best 10 $ investment...
draw-down is not zero it was by chance . but at least appreciable ? not ?

great idea ..tell me how ..how can i do this ...trust me i must will try this ...

i tried compounding but it is 270 $ only ... share with me .. i will try it with 100 $ i will try to manage funds .. thankx for such good advice i am happy to find such idea..
i also dont want to sell my brilliant trading strategy .. i am ready to work on your plan share how i can make 10 $ to 10k usd in 4 months with 10 % daily i am ready ..
i will do it with 100 $ and should decrease reward from 10 % to 5 % even if got 50k usd in 4 months i should b so happy ..my strategy works .. i will never sell it here at any cost ..show me compounding formula ...

also tell me with your forumla .. if i earn 1 % daily then what should be result with 100 $
and if i earn 2 % daily with 1000 $ then what should be result ?
one more thing.. how can i make 100 $ to 1000 $ in one month with 5 % daily ?
how to know which lot size i have to trade daily ? manually .. thankx for giving me this great idea ..
i should start with 100 $ and will earn daily 5 % so less risk and good back up of 200 pips daily with 10 pips daily ....and after 2 months i should be at 800 $ that is good to make 20 $ daily with 800 pips back up thankx for bright up my mind ..how could i do this ...

why i didnt think abt this ... ur rock man..
  • #2,295
  • Jul 29, 2017 2:40pm Jul 29, 2017 2:40pm
Hi Encody123,
very good idea with the "Scammer list only" !

I think you can add this one to your list:
https://www.forexfactory.com/showthread.php?t=678451

Because there is no doubt his marvellous "holy grail" EA is only crap and doesn´t work (see post of user "pepsi", a victim). t least not on a serious, regulated broker.
The scammer chort-trader blocked me and everyone who criticised his "product" and goes on advertising for his crap.
This is a typical behaviour of a down-and-dirty scammer.
People and newbies should be warned.

Keep it up!
  • #2,296
  • Jul 29, 2017 6:08pm Jul 29, 2017 6:08pm
Quote
Hi Encody123,
very good idea with the "Scammer list only" !

I think you can add this one to your list:
https://www.forexfactory.com/showthread.php?t=678451

Because there is no doubt his marvellous "holy grail" EA is only crap and doesnt work (see post of user "pepsi", a victim). t least not on a serious, regulated broker.
The scammer chort-trader blocked me and everyone who criticised his "product" and goes on advertising for his crap.
This is a typical behaviour of a down-and-dirty scammer.
People and newbies should be...

thank u update buddy
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  • #2,297
  • Edited 8:22pm Jul 29, 2017 7:59pm | Edited 8:22pm
Quoting analyst786
{quote} draw-down is not zero it was by chance . but at least appreciable ? not ? great idea ..tell me how ..how can i do this ...trust me i must will try this ... i tried compounding but it is 270 $ only ... share with me .. i will try it with 100 $ i will try to manage funds .. thankx for such good advice i am happy to find such idea.. i also dont want to sell my brilliant trading strategy .. i am ready to work on your plan share how i can make 10 $ to 10k usd in 4 months with 10 % daily i am ready .. i will do it with...
Rmk90 is correct. Try using the projection spreadsheet I have attached. I already plugged in $10 start balance with 10% per day compounding rate for you. For a comparison, my daily compounding rate is 0.122% per day. So, you're compounding nearly 100 times faster than me. Thing is, I'm doing it live on a six figure account. If you're system works, then why are you on demo? You're trying to sell a system, but you can't even run it live yourself!!! Put your money where your mouth is, open a live $10 account and compound it 10% a day.
Attached File(s)
File Type: xlsx Projection.xlsx   256 KB | 285 downloads
  • #2,298
  • Edited 10:41pm Jul 29, 2017 10:05pm | Edited 10:41pm
@ ____

First of all, I will give your system a benefit of a doubt.

Any system that promises crazy amount of return can't be achieved without subjecting one's account to the maximum risk (or close to).

Any decent trader on FF can do the same thing as you do. It's simple - risk 30-40% instead risking of 2-3% of one's account. Hence you get a potential profit of 30-40% and a potential loss of 30-40%. for extreme cases. For your case, it's 10% potential gain, 10% potential drawdown.

5 pips of profit = 1% account gain approximately (based on your P&L)

That is risking too much of one's account. (Tbh, I made similar mistakes like this before)

No one cares whether you are trading demo or a small account. A good trader takes the proper amount of risk in trading.

Suggestion/reflection
1. Your trading looks fine so far, except for position sizing.
2. Tone down your risk. But you will not be able to get 10% return a day. It's a good thing, not a bad thing. Even if you don't care about your account, you are forcing your clients to do the same thing, taking huge risk to get that 10% daily return.
3. Ask yourself honestly how much drawdown are you able to accept per month.
4. Is your account able to handle a series of losses in a row?
5. Your title is very offending to long time traders. Change your title to something realistic. Or are you doing it on purpose to suck in the naive newbies with '200% return a month nonsense'?

Your signal business
1. Allow a free trial (one week or so maybe) with no string attached.. If you implement this, no one can accuse you of scamming.
2. Change your title and all the ridiculous promises/guarantee. Those are the things that offend many traders here.
3. Use a live trading account with a decent amount (at the very least 2K), so that you will not tempted to over risk to make more money.
'For the market to work, it needs people who think that they can beat it.'
  • #2,299
  • Jul 30, 2017 4:29am Jul 30, 2017 4:29am
anyone find good system pls check my strategies...............
dont's give ur money scammer guys
https://www.forexfactory.com/showthr...0#post10135600
  • #2,300
  • Jul 30, 2017 5:13am Jul 30, 2017 5:13am
Quoting kenshin
{quote} Rmk90 is correct. Try using the projection spreadsheet I have attached. I already plugged in $10 start balance with 10% per day compounding rate for you. For a comparison, my daily compounding rate is 0.122% per day. So, you're compounding nearly 100 times faster than me. Thing is, I'm doing it live on a six figure account. If you're system works, then why are you on demo? You're trying to sell a system, but you can't even run it live yourself!!! Put your money where your mouth is, open a live $10 account and compound it 10% a day. {file}...

thankx for projection sheet .. can u add lot size too ? means which lot size i should use ? daily ? according to compounding rules
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