Scammers - Hall of Shame | Page 123 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Thread of shame 5 replies

Forex Factory Hall Of Fame 126 replies

Attachments: Scammers - Hall of Shame
Exit Attachments

Scammers - Hall of Shame

  • #2,441
  • Sep 6, 2017 6:48am Sep 6, 2017 6:48am
Quoting redoktober
Guybaker, have you been bitten by a tarantula ? You slept since 2013 and now you posted 21 posts since yesterday. Furthermore , from 2013 to 2016 ( four years ) = 0 threads . 2017 = 6 new threads. Maybe you're hunting for subscribers ... and then you want to become a Commercial member... We'll see. {image}
Account selling outside FF.
Very soon we should see him promoting something....
Not to mention that he "beats the brokers" & makes a killing trading Binary Options (as per his replies in many posts)
  • #2,442
  • Sep 6, 2017 6:50am Sep 6, 2017 6:50am
Quoting GuyBaker
{quote} Just got more time... living the dream... I understand your cynicism but i don't need subscribers this is a kind of philanthropy for me, over the years i occasionally found something useful on these pages and i am trying to pay that value forward
Ok , this explains your new lifestyle...but must keep in mind the above post of Timos...
  • #2,443
  • Edited 12:22pm Sep 6, 2017 9:33am | Edited 12:22pm
Quoting timos
{quote} Account selling outside FF. Very soon we should see him promoting something.... Not to mention that he "beats the brokers" & makes a killing trading Binary Options (as per his replies in many posts)

Well Mr Timos, you are clearly are not a profitable trader or you would ask how I make money from Binaries instead of just writing the idea off without any information.

I do make money trading Binaries primarily through IG Sprint Markets, but about 10% of my contracts go through Binary.com, whether you believe that or not I could care less frankly. I have a 60% win rate the typical payout on win is 81% I trade about 100 contracts per month, you can do the math.

In the past I was a contact software engineer specialising in C on Unix, I set up and ran two successful internet companies and for a while I was a semi professional Black Jack card counter, until I started getting barred from the casinos in London and now of course they mainly use automatic shuffling machines instead of shoes so the game is not beatable, Binaries and Forex are much more profitable and I don't need to sit in a casino to trade them, in fact I don't need to sit anywhere in particular because I wrote software to execute my trades for me.

I retired through delegation at the age of 40 but the 2008 crisis killed my main business which was mortgage lead generation that is when I started to get serious about learning how to trade, made probably every mistake it is possible to make and lost loads of money but my perseverance paid in the end and I enjoy life without needing to work a job.

You will also notice I am actually using my real name on here, not exactly the actions of a scammer, but I guess you will wrap that up some other way in your mind.

One final note about "account selling outside FF" I do have some friends and family following my signals, I have made no secret of that, my wife, my brother in law, my Dad, and a couple of old friends, so what? I also trade a little money on behalf of my kids and one of my sisters and a niece, what a very bad scammer I am , it's a joke really, people on here are so used to dealing with lies they cannot recognise the truth when they see it!

Be lucky ....
I live entirely from the growth of my personal trading account
  • #2,444
  • Sep 6, 2017 12:31pm Sep 6, 2017 12:31pm
Wow ! look look who's here : the liar / thief / scammer Forexengines ( Membership Revoked since Aug 30, 2017 ).
He can not stay away from his natural environment , the scammer's hall of shame.
Attached Image (click to enlarge)
Click to Enlarge Name: fe.png Size: 136 KB
  • #2,445
  • Sep 6, 2017 2:18pm Sep 6, 2017 2:18pm
Quoting redoktober
Wow ! look look who's here : the liar / thief / scammer Forexengines ( Membership Revoked since Aug 30, 2017 ). He can not stay away from his natural environment , the scammer's hall of shame. {image}

What did they do to you?
I live entirely from the growth of my personal trading account
  • #2,446
  • Sep 6, 2017 2:48pm Sep 6, 2017 2:48pm
Quoting GuyBaker
{quote} What did they do to you?
Where are you coming from , ? From the moon ? Have you never heard about dangerous scammers as Forexengines , Ghostbiker , Forexing2008 , Saranga , etc ?
In your new lifestyle, find time to read this instructive thread https://www.forexfactory.com/showthr...13430&page=117 or this https://www.forexfactory.com/showthr...612779&page=26 or this https://www.forexfactory.com/showthr...614920&page=27.
  • #2,447
  • Sep 6, 2017 3:50pm Sep 6, 2017 3:50pm
Quoting redoktober
{quote} Where are you coming from , ? From the moon ? Have you never heard about dangerous scammers as Forexengines , Ghostbiker , Forexing2008 , Saranga , etc ? In your new lifestyle, find time to read this instructive thread https://www.forexfactory.com/showthr...13430&page=117 or this https://www.forexfactory.com/showthr...612779&page=26 or this https://www.forexfactory.com/showthr...614920&page=27.

Honestly I realised a long time ago, nobody was giving away or selling the golden goose, in the early days I got caught by a software vendor and later a News Trading Expert and later still a "Guru", but for the longest time I have been taking my own council. I have to say though there is no such thing as a bad experience, it is all experience and I really believe all those mistakes I made contributed to my final success.

I think there is a danger that these witch hunts discard real opportunities for people to learn something, also it creates a very negative atmosphere, I myself have been accused of being a scammer with no justification at all, if I wasn't such a tenacious fucker I would have thought oh well, this place is just for losers and gone back on my merry way, how many genuinely good traders have been chased off do you think? and for what? So that some people can feel a little better about themselves by putting others down. The brief exchange I had with Aussi taught me a lesson, if there are idiots on here with no value to add, hit the ignore button and communicate with those who have something valid to say.
I live entirely from the growth of my personal trading account
  • #2,448
  • Sep 7, 2017 1:19am Sep 7, 2017 1:19am
Quoting GuyBaker
{quote} Honestly I realised a long time ago, nobody was giving away or selling the golden goose, in the early days I got caught by a software vendor and later a News Trading Expert and later still a "Guru", but for the longest time I have been taking my own council. I have to say though there is no such thing as a bad experience, it is all experience and I really believe all those mistakes I made contributed to my final success. I think there is a danger that these witch hunts discard real opportunities for people to learn something, also it creates...
I'm partially in agreement with you.
You say :" it is all experience and I really believe all those mistakes I made contributed to my final success." Ok , could be.
But you say : " how many genuinely good traders have been chased off do you think ? " No , before banning a member , FF Moderator does a lot of
investigations and listens the testimonies of cheated traders : FF Staff is very prudent and respectful. So , when you see the message " Membership
Revoked " , don't worry : that was a scammer.
Furthermore , I believe the " ignore" button is often not enough. Young traders , newbies , Forex beginners are very naive and easily fall into the hands
of these squalid delinquents. Greed and desire for success are bad councilors. We need to defend these weak subjects and the only defense is "
Membership Revoked ".
  • #2,449
  • Sep 7, 2017 1:45am Sep 7, 2017 1:45am
Quoting redoktober
{quote} I'm partially in agreement with you. You say :" it is all experience and I really believe all those mistakes I made contributed to my final success." Ok , could be. But you say : " how many genuinely good traders have been chased off do you think ? " No , before banning a member , FF Moderator does a lot of investigations and listens the testimonies of cheated traders : FF Staff is very prudent and respectful. So , when you see the message " Membership Revoked " , don't worry : that was a scammer. Furthermore , I believe the " ignore" button...

It may well be that those who have had their membership revoked are legitimately scammers, I have not enough experience to be able to say, however I do know that I have received a somewhat frosty reception on these pages and that some people of a more sensitive disposition may have given up the idea of contribution. In a kangaroo court in the end only kangaroos remain.
I live entirely from the growth of my personal trading account
  • #2,450
  • Sep 7, 2017 12:15pm Sep 7, 2017 12:15pm
Quoting GuyBaker
{quote} Just got more time... living the dream... I understand your cynicism but i don't need subscribers this is a kind of philanthropy for me, over the years i occasionally found something useful on these pages and i am trying to pay that value forward
Of course...... probably rather selling the dream than living the dream....?
  • #2,451
  • Sep 8, 2017 1:14am Sep 8, 2017 1:14am
Quoting HudithePfupf
{quote} Of course...... probably rather selling the dream than living the dream....?
Trust me, living... I doubt you will ever make it, you are too envious of those who have achieved success.

If you want to know one huge secret to trading and life in general, it is all about self, the ability to look at yourself in an absolutely honest manner, a very very rare commodity.
I live entirely from the growth of my personal trading account
  • #2,452
  • Sep 8, 2017 1:17am Sep 8, 2017 1:17am
My conclusion on this thread is that it is a thread of bullies.

If there are people exhibiting commercial interest outside of the commercial section then by all means report them to admin and I am sure they will be barred, however in the commercial section, let them be, with a prominent Caveat Emptor at the top! Just my view of course, which I am sure will be poo poo'd
I live entirely from the growth of my personal trading account
  • #2,453
  • Sep 8, 2017 2:05am Sep 8, 2017 2:05am
Quoting GuyBaker
My conclusion on this thread is that it is a thread of bullies. If there are people exhibiting commercial interest outside of the commercial section then by all means report them to admin and I am sure they will be barred, however in the commercial section, let them be, with a prominent Caveat Emptor at the top! Just my view of course, which I am sure will be poo poo'd
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me."

Caveat Emptor?
Sometimes you see obvious wrong, and you "speak out"...ok, some of us will.
Others might choose to "speak out".
If your view is right for you, can you also accept that other's view is right for them?
Only asking, because i dont like to be "poo poo'd" by you for my view, neither!
there is always, always another trade!!
  • #2,454
  • Sep 8, 2017 2:17am Sep 8, 2017 2:17am
Quoting profitfarmer
{quote} "First they came for the Socialists, and I did not speak out-- Because I was not a Socialist. Then they came for the Trade Unionists, and I did not speak out-- Because I was not a Trade Unionist. Then they came for the Jews, and I did not speak out-- Because I was not a Jew. Then they came for me--and there was no one left to speak for me." Caveat Emptor? Sometimes you see obvious wrong, and you "speak out"...ok, some of us will. Others might choose to "speak out". If your view is right for you, can you also accept that other's view is right...
The acceptance of freedom of speech is not an admission that all opinions are equally valid, I am not a post modernist, the truth is not determined by opinion or majority support it is determined by facts. Everybody is entitled to their own opinion, but they are not entitled to their own facts.
I live entirely from the growth of my personal trading account
  • #2,455
  • Sep 8, 2017 3:00am Sep 8, 2017 3:00am
Quoting GuyBaker
My conclusion on this thread is that it is a thread of bullies.
Guy,

On one of your early threads you put out a request for people with a successful manual trading methodology and results to step forward and have you potentially code their system. You posted a copy of some of your own trading results but I believe to date these haven't been qualified by a verifiable T/E although I do believe you're offering this offline. On a personal level you seem like a reasonable bloke but whether you acknowledge it or not your offer is going to be an immediate red-flag to people who've put in the time and effort to build genuinely profitable manual trading systems. It's a rhetorical question, but why should a person who's invested hundreds of thousands of his own hours simply hand that knowledge over to a coder from the Internet?

A few years ago I found myself in a trading group where the "lead" trader was essentially requiring all other traders to reveal every aspect of their methodology because he wanted "to see how they trade". I was pretty amazed with this guy's hindsight trading results so decided to go along with his request. But about a year in, and after a raft of people coming and going, I realised the only person not actually sharing anything in real time was in fact the lead trader. When that reality set in my attitude towards online trading changed.

I eventually walked away and had to start again. I would say that in real terms the whole episode probably cost me about another 2 years of learning, and in total about 3 years of my own life wasted. Today, I just put it down to experience although at the time the pill was a very bitter one to swallow. When I see an offer like yours it immediately reminds me of that situation. I'm not suggesting you're a scammer but if at the outset you don't go in with a more open approach then I honestly don't think you can be too surprised at people's reluctance to take what you say at face value.

There is only one solution, in my opinion. And that is to open a new discussion thread and post some before-the-fact analysis with a bit of follow through. I'm not talking spoon-feeding, just some cogent analysis. It will dispel all the bullshit and maybe open you up to some decent offers from people to get on board with your project. The alternative is to simply carry on back and forth with all the arguing but at the end of the day who really wants that?
  • #2,456
  • Sep 8, 2017 3:20am Sep 8, 2017 3:20am
Quoting simond2002
{quote} Guy, On one of your early threads you put out a request for people with a successful manual trading methodology and results to step forward and have you potentially code their system. You posted a copy of some of your own trading results but I believe to date these haven't been qualified by a verifiable T/E although I do believe you're offering this offline. On a personal level you seem like a reasonable bloke but whether you acknowledge it or not your offer is going to be an immediate red-flag to people who've put in the time and effort...

Paranoia rules... I had a few replies to my genuine offer to partner with people to turn their manual systems in to automatic ones, I sent them all away to prove the system through significant back testing, none, zero have returned. In truth, my objective was to help people become more free via automation, I would not share my methodology with anyone and I do not really expect anyone to share theirs with me, my point was to encourage automation.

I have published on multiple occasions my approach to making money from trading, it is about big data, massive back testing, proof of edge and automation, in that context I am not sure what "cogent analysis" means, I do not study charts anymore I do not monitor candle patterns etc, I feed massive amounts of data into spreadsheets and look for correlations by empirically applying different hypothesis whilst being careful not to curve fit, this I guess is what is called qualitative analysis. I spent many years studying charts and I guess that experience has helped me to know where to look with my number crunching.

When I have found what I believe to be an edge which is consistent over a minimum of 10,000 setups I then code my execution platform to emulate the setup conditions going forward, and live trade, after maybe 1,000 setups, I look for a similarity in the back test results and the live trading results, if the results are consistent I increase my stake in the system with careful regard to money management for which my main assessment metric is maximum drawdown from peak.

So there you have it, there is my approach, boring in the extreme and requires an ability to program computers or at least an understanding of what is possible from automated trading and the ability to subcontract the task without revealing the recipe.
I live entirely from the growth of my personal trading account
  • #2,457
  • Edited 5:04am Sep 8, 2017 3:23am | Edited 5:04am
Quoting GuyBaker
My conclusion on this thread is that it is a thread of bullies. If there are people exhibiting commercial interest outside of the commercial section then by all means report them to admin and I am sure they will be barred, however in the commercial section, let them be, with a prominent Caveat Emptor at the top! Just my view of course, which I am sure will be poo poo'd
That it is a thread of bullies ? Then this is your place.

You are a bully because you came out of your hole in the UK and you came here spamming posts to the right and to the left.

You are a bully because in a short time you opened 6 thread , often useless.You have written a lot of useless posts , just to increase yours subscribers ( for now you are a pale yellow icon , but I'm sure you point to brilliant red icon , it's not true ? ).

You are a bully because you immediately ignored 4 members who dared contradict you ( now , to give you an air of magnanimity , you activated the " stop ignored " button ).

You are a bully because with great arrogance you spread your knowledge to us , poor and humble FF members , a little bit more than shit for your eyes .Yes , in your speeches there is always this tone :"I'm the Great GUYBAKER and you FF members are only shit ."Oh yes , because you are a great Professor , you are a famous " Financial Software Engineer " , your trading style is " Automated Systems, Fundamental Analyst, Quantitative Analyst, Technical Analyst " , Forex & Binary Options (!) .

You are a bully because you say " I have a 60% win rate the typical payout on win is 81% I trade about 100 contracts per month, you can do the math."

You are a bully because you say : "I set up and ran two successful internet companies" .

You are a bully because you say you are a protagonist of 2008 subprime crisis (!) and that " my main business which was mortgage lead generation " . Michael Burry ? Jared Vennett ? Charlie Geller & Jamie Shipley ? Beggars ! The real protagonist of 2008 crisis was GUYBAKER !

But now your farce is over , with above post you revealed yourself , now all FF members have understood who you really are. And they will judge you. Even if they are just poor people , for yor divine eyes.

PS : as I said , you are a " Financial Software Engineer " , you trade full-time , you know " Automated Systems, Fundamental Analyst, Quantitative Analyst, Technical Analyst " , you trading Forex since June 2003 , and after 14 (!) years you are still here on FF forum ? No Seychelles ? No wonderful women on golden beach ? No Ferrari ? No , only "some friends and family following my signals , my kids and one of my sisters and a niece. "
You say that your dream has come true, but I don't believe you , you say this only to create admiration - or envy - for you .You're just a liar , a poor man and a failed trader.
  • #2,458
  • Sep 8, 2017 3:29am Sep 8, 2017 3:29am
Quoting GuyBaker
{quote} Paranoia rules...
It certainly does. Sounds like a similar conversation I had, albeit a very brief one, with a fundies trader here regarding his style trading. He seemed convinced that candle analysis, which at the end of the day is only price analysis, could not be used to spot a setup in advance and provide a bias, entry, stop and target to trade. So I posted some cogent analysis in real time and took a trade. He seemed like a very knowledgeable and sharp bloke, however, when I asked him to reciprocate one of his trades his response was (and forgive for not quoting verbatim it was quite some time ago), "I can't tell you what and how I do it because it's too complicated and you wouldn't understand". The conversation pretty much ended there.
  • #2,459
  • Sep 8, 2017 3:34am Sep 8, 2017 3:34am
Quoting redoktober
{quote} That it is a thread of bullies ? Then this is your place. You are a bully because you came out of your hole in the UK and you came here spamming posts to the right and to the left. You are a bully because in a short time you opened 6 thread , often useless.You have written a lot of useless posts , just to increase yours subscribers ( for now you are a pale yellow icon , but I'm sure you point to brilliant red icon , it's not true ? ) You are a bully because you immediately ignored 4 members who dared contradict you ( now , to give you an...
Oooo what an angry man... What should I do publish screen shots of my trading account balances and daily results? I can, but would prefer not on a public forum Is it arrogant to try to motivate people to succeed? I found not knowing successful traders damaged my confidence in profitable trading being possible, I doubt I am unique.


By the way I was wrong to ignore those people, even if they are fools, it was an emotional reaction and I have subsequently undone the action.

I am trying to build people up, to inspire, what are you doing?
I live entirely from the growth of my personal trading account
  • #2,460
  • Sep 8, 2017 3:36am Sep 8, 2017 3:36am
Quoting simond2002
{quote} It certainly does. Sounds like a similar conversation I had, albeit a very brief one, with a fundies trader here regarding his style trading. He seemed convinced that candle analysis, which at the end of the day is only price analysis, could not be used to spot a setup in advance and provide a bias, entry, stop and target to trade. So I posted some cogent analysis in real time and took a trade. He seemed like a very knowledgeable and sharp bloke, however, when I asked him to reciprocate one of his trades his response was (and forgive for...
The results of my number crunching are not complicated at all, you might be surprised where edges can be found, I will not disclose my setups, of course not I do not know what effect that would have on my ability to trade them.
I live entirely from the growth of my personal trading account
2 traders viewing now