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Scammers - Hall of Shame

  • #2,481
  • Sep 8, 2017 9:16am Sep 8, 2017 9:16am
Quoting redoktober
{quote} Hey bully Guybaker, don't worry about my world, is much brighter than yours ... FF members , please , instead of bullshits written by this desperate loser , look here : FF member Barloc has posted this pic : {image} and Guybaker replied : " Your dream is my reality ". Well , now who is the bully ?
That is not bullying it is encouragement

Why didn't you link to the actual post? Is it because the poster actually liked my comment?

You are just making yourself look a fool. I would ask you to stop, but we both know that isn't going to happen.
I live entirely from the growth of my personal trading account
  • #2,483
  • Sep 8, 2017 9:45am Sep 8, 2017 9:45am
Quoting dukas_trader
{quote} thats not fair from you. you are known in forexfatory as an very unexperienced trader with a very stupid idea about trading. trading with no SL is only way for you, having extrem drawdown your way to trade. not good way to say for other people , but anyway you dont know it better and are to old to learn basics correct maybe. but maybe even wrong things work for you by luck, however, its your decision. but winning a discussion for you is impossible beycause you dont have arguments and often extrem wrong math and basic knowledge. so be carefully...
again this is why you are on ignore
people leave, but this thread will go on for ever
  • #2,484
  • Edited 3:13pm Sep 8, 2017 9:45am | Edited 3:13pm
Quoting simond2002
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?
Simon,

That's a very fair question.

However, I'd just like to point out that, as a programmer (my career from 1979 until I retired from corporate IT in 2004), I'm not interested in a trader's IP, and I'll attempt to explain why. I'm no longer coding for other traders, hence the issue is academic; but if I was, I wouldn't perform work for anything less than an hourly rate. I've been around the financial markets since 2001, and FX since 2006, and I've yet to see a guaranteed long-term profitable MT4 EA that also manages risk sensibly. I'm not saying that they don't exist, just that it's the programmer who always ends up taking the risk -- not only with unpaid time and effort, but then he must then risk his own savings trading a system that to him is completely unknown, and somehow cope with the financial inconvenience and emotional stress of any drawdowns, all in the hope of gaining any kind of compensation. It's also my view that many quantitative systems must be constantly revised, as market conditions can 'evolve' over time with changing belief systems, fluctuations in volatility, economic and geopolitical shifts, advancing technology (HFT etc), potentially creating a never-ending job for the programmer. Hence an hourly rate rather than a fixed total price.

When I had PMs enabled, I was getting maybe 2-3 programming requests every week. Between 2009-2012 I handpicked approx 20 of these, from the most highly vouched FF members, all of whom insisted that their systems were long-term profitable. I spent hundreds of hours coding, debugging, testing, and then refining and retesting as some changed their rules -- and to the best of my knowledge, not one of these EAs is still being run profitably today, and I believe I can honestly say it's not due to buggy coding.

I still have an open mind, but the experience has made me VERY cautious. Simply saying that a system is "profitable" is not real proof. And it seems obvious to me that an EA can never trade as intelligently or adaptively as an experienced human. I totally understand your view that the trader takes a risk when he shares his IP; the programmer could simply run away and use it himself, or even sell it, without the trader's knowledge. But unless they're being paid for their work, programmers likewise take a risk -- that their time and effort could be a total waste, and they could lose their savings attempting to trade resulting systems that, for whatever reason, encounter unfavorable market conditions for a prolonged period.

Just my 2 cents.

David
  • #2,485
  • Sep 8, 2017 9:45am Sep 8, 2017 9:45am
Quoting GuyBaker
{quote} That is not bullying it is encouragement Why didn't you link to the actual post? Is it because the poster actually liked my comment? You are just making yourself look a fool. I would ask you to stop, but we both know that isn't going to happen.
Hey Guybaker, can you teach me how to trade binaries ? Thanks a lot.
  • #2,486
  • Sep 8, 2017 9:47am Sep 8, 2017 9:47am
Quoting Aussi
{quote} again this is why you are on ignore
sorry, you lost any arguments and your only chance not to look like a total beginner idiot was putting me on your ignose list.
thats the truth.

aussi baby (yes with your 60 years you are still a baby too, in forex at least) , you live in your dreams, not reality.
but funny, after this monts many terached you your wrong arguments you are still impossible to learn and at same low level. maybe its really because you are to old, and old people dont learn any more, i can be honest to you with writing is and be a liar and tell you you are good, what do you prefer ?
  • #2,487
  • Sep 8, 2017 10:01am Sep 8, 2017 10:01am
Quoting hanover
{quote} Simon, That's a very fair question.
Hey David,

Absolutely no beef my side with your point of view. In fact it supports my own belief that where independent traders and programmers are concerned the building of a profitable MT4 EA is actually a lose-lose situation lol.

That's not to say that profitable trading algorithms don't exist but they're probably going to be found in an environment where, like you say, everyone's getting paid - investment banks/funds etc.
  • #2,488
  • Edited 3:36pm Sep 8, 2017 10:31am | Edited 3:36pm
Hey bully Guybaker ,
I noticed that today you were all day here in FF , to replicate to my posts.
And the trading ? And your Automated Systems, Fundamental Analyst, Quantitative Analyst ,Technical Analyst ? And your binary options ?
But are you a pro-trader or a mouthy which passes its time in forums ?

PS : this is your profile image :
Attached Image

Your clothing and your furniture is not by millionaire...with fake Calvin Klein...
It's the fault of the 2008 crisis , it's not true ?
  • #2,489
  • Sep 8, 2017 10:47am Sep 8, 2017 10:47am
Quoting redoktober
Hey bully Guybaker , I noticed that today you were all day here in FF , to replicate to my posts. And the trading ? And your Automated Systems, Fundamental Analyst, Quantitative Analyst ,Technical Analyst ? And your binary options ? But you are you a pro-trader or a mouthy which passes its time in forums ? PS : this is your profile image : {image} Your clothing and your furniture is not by millionaire... It's the fault of the 2008 crisis , it's not true ?
why not simple you both do a new start. you want the same, show scammers to the members. i dont see what are your different topics? can any one summarize what is the problem at the moment between you both?
  • #2,490
  • Sep 8, 2017 10:57am Sep 8, 2017 10:57am
Quoting dukas_trader
{quote} why not simple you both do a new start. you want the same, show scammers to the members. i dont see what are your different topics? can any one summarize what is the problem at the moment between you both?
Well Dukas, you know we are friends and I respect you a lot.
But this time you defend the wrong man. You can not defend the indefensible.If Guybaker will continue to write here in FF , you will probably change your mind.
Maybe , and I underline maybe , this Guybaker is not a scammer , we will see later.
But remains the fact that he presented himself here in FF with bully and arrogant manners. I invite you to re-read my post #2,457 with his haughty pronouncements , often ridiculous and incredible such as the one concerned the " mortgage lead generation ".
However, as usual, I respect your point of view and I will take into account your wise words.
  • #2,491
  • Sep 8, 2017 11:10am Sep 8, 2017 11:10am
Quoting redoktober
{quote} Well Dukas, you know we are friends and I respect you a lot. But this time you defend the wrong man. You can not defend the indefensible.If Guybaker will continue to write here in FF , you will probably change your mind. Maybe , and I underline maybe , this Guybaker is not a scammer , we will see later. But remains the fact that he presented himself here in FF with bully and arrogant manners. I invite you to re-read my post #2,457 with his haughty pronouncements , often ridiculous and incredible such as the one concerned the " mortgage lead...
i read it.

he write about many topic, i would not say scammer because of this. ofocurse its unimportant how many someone wrote, i had last day "tony112", he wrote many posting (most complete useless and some even wrong) and told , because he was red flaged and he is top tier 1% in forexfactory his is best and correct man. he was not ofcourse (complete opposite of it, often fake and liar), only a joke of a trader with even dont know math and basics in trading. so the flags here in forexfactory are complete useless, noone cares about,because says complete nothing. this only as fast text to what this points will tell the people, its nothing.
long writing wrong things, is still only a writer who write many wrong thing, nothing more.

all what guybraker wrote is not so crazy, only thing is because of binary options using, because this by structure is normally impossible to in on long term because of trading against market maker and mak broker losing. but when there are enough other people losing, maybe the broker will accept the loss he is taking. but most market maker broker would like to increase their own profit by kick this to good system trader.

i will not defend him, maybe i did not read some post that was wrong. and sometimes writing crazy things can happen, when not done take a look for corecction before sending, i have this sometimes ;-).

you are also very ok, sometime a little bit to fast in writing , before facts are possible to check exactly.

i think, starting here was only, because guy was angry about aussi. aussi is really not the smartest candle on a cake and extrem bad defending arguments, he only can ignore when he dont has a chance to argumate. i think guy was angry about this, i had this too many month ago. but for mue was not this important, because ausi is 60 years and very unexpierenced, so he earned what he is and dont have chance to learn any more, mind is blocked complete.

so maybe you both should ingonre all what you wrote later from this point. or both summarize all arguments together, so possible to compare. but i think you would be more friends then any other, if met with others situations.
  • #2,492
  • Sep 8, 2017 11:32am Sep 8, 2017 11:32am
I always thought of forums as a place of free information exchange. I was surprised to see here on FF lots of scams went on, and small actions from FF staff.

I believe proper identifications should be required before registration, to avoid the ( WOLF in a Different Dress) coming at newbies.

Im one of those people that love to share my knowledge for free.
and that helped me more for some reason
I believe I learn more and gain more everytime i give.

I think FF staff should require business registration in the commercial section. To make commercial merchants liable for their actions.
Frank Fadi
  • #2,493
  • Sep 8, 2017 12:23pm Sep 8, 2017 12:23pm
Quoting FxHelp
I always thought of forums as a place of free information exchange. I was surprised to see here on FF lots of scams went on, and small actions from FF staff. I believe proper identifications should be required before registration, to avoid the ( WOLF in a Different Dress) coming at newbies. Im one of those people that love to share my knowledge for free. and that helped me more for some reason I believe I learn more and gain more everytime i give. I think FF staff should require business registration in the commercial section. To make commercial...
the rule "you learn what you teach" is true. because after you teach something, people ask questions about and correct you and you learn deeper and get new thoughts.
only one think neccesary: you need to be open minded and accept that other are smarter and can know some math and market structure better and have ore experience. then its possible to talk with argument against argument and the result will be great.

thats why you gained more maybe , because you are open to improvements and arguments from others.

then problem is: many are not this open, and hold on their idea, even is not good or there are better solutions always. when even math shows you are incorrect, then holding an own idea is so crazy.
  • #2,494
  • Sep 8, 2017 12:23pm Sep 8, 2017 12:23pm
Quoting metta87
{quote} Hey Guybaker, can you teach me how to trade binaries ? Thanks a lot.

I am happy to teach you my approach to the problem, but I will of course never reveal my actual setups. Nobody no matter how good their story is likely to give away the golden goose.

Can you use excel or some other software that would enable you to back test large amounts of data?
I live entirely from the growth of my personal trading account
  • #2,495
  • Sep 8, 2017 12:35pm Sep 8, 2017 12:35pm
Quoting dukas_trader
{quote} i read it. he write about many topic, i would not say scammer because of this. ofocurse its unimportant how many someone wrote, i had last day "tony112", he wrote many posting (most complete useless and some even wrong) and told , because he was red flaged and he is top tier 1% in forexfactory his is best and correct man. he was not ofcourse (complete opposite of it, often fake and liar), only a joke of a trader with even dont know math and basics in trading. so the flags here in forexfactory are complete useless, noone cares about,because...

Yep the problem seems to be the so called impossible binary options, but here I am living off them, I have been very selective with which brokers I use and have good relationship with both, IG for example, often buy me lunch when I am in London, I have other accounts with them too and that probably helps.

Dukas and I have conversed a lot on Skype and I am sure he believes what I am saying.

Whether I am regarded by some as arrogant or not, bulling I have not done, and I have always posted my best advice, the way I have been treated in this thread has been frankly inexcusable, and well not becoming of a logical person, anyone is able to read all of my posts, I have done nothing wrong, nothing at all apart from to proclaim success in something than many regard as impossible.
I live entirely from the growth of my personal trading account
  • #2,496
  • Edited 11:30pm Sep 8, 2017 12:48pm | Edited 11:30pm
Quoting redoktober
Hey bully Guybaker , I noticed that today you were all day here in FF , to replicate to my posts. And the trading ? And your Automated Systems, Fundamental Analyst, Quantitative Analyst ,Technical Analyst ? And your binary options ? But are you a pro-trader or a mouthy which passes its time in forums ? PS : this is your profile image : {image} Your clothing and your furniture is not by millionaire... It's the fault of the 2008 crisis , it's not true ?

Wow you are clutching at straws now.

Did I say I was a millionaire? I have a few hundred thousand GBP. I am compounding my account after living expenses, so maybe in a few years I will be in the £million bracket and beyond. My clothes are usual high street stuff, like Tommy Hilfiger and G-Star, that photo is in a coffee shop so I cannot comment on the quality of the furniture. Oh and the Calvins are real, should I have kept the receipt ?

The 2008 crisis killed my main business it is true, I went almost into bankruptcy with even Santander Bank taking me to court to try and repossess my home.
I live entirely from the growth of my personal trading account
  • #2,497
  • Sep 8, 2017 12:53pm Sep 8, 2017 12:53pm
Quoting GuyBaker
{quote} Wow you are clutching at straws now. Did I say I was a millionaire? I have a few hundred thousand GBP. I am compounding my account after living expenses, so maybe in a few years I will be in the £million bracket and beyond. My clothes are usual high street stuff, like Tommy Hilfiger and G-Star, that photo is in a coffee shop so I cannot comment on the quality of the furniture. The 2008 crisis killed my main business it is true, I went almost into bankruptcy with even Santander Bank taking me to court to try and repossess my home.
dude what language are you speaking. It sounds like bullshit.

I am sure you are trading a demo or a cent account. Just posting some results to prove your claims.
Your salary is the bribe they give you to forget your dreams
  • #2,498
  • Sep 8, 2017 1:15pm Sep 8, 2017 1:15pm
Quoting horvat
{quote} dude what language are you speaking. It sounds like bullshit. I am sure you are trading a demo or a cent account. Just posting some results to prove your claims.
really, never want true results from someone, if he is bad he fakes it and shows you, if he is good he simple will not show you. so you only see what you dont want to like to see.

strategies work when not many trade it, point.
  • #2,499
  • Sep 8, 2017 1:20pm Sep 8, 2017 1:20pm
Quoting horvat
{quote} dude what language are you speaking. It sounds like bullshit. I am sure you are trading a demo or a cent account. Just posting some results to prove your claims.
Nope. I can show my trading account statements but not in an open forum of course
I live entirely from the growth of my personal trading account
  • #2,500
  • Sep 8, 2017 3:00pm Sep 8, 2017 3:00pm
Quoting dukas_trader
{quote} the rule "you learn what you teach" is true. because after you teach something, people ask questions about and correct you and you learn deeper and get new thoughts. only one think neccesary: you need to be open minded and accept that other are smarter and can know some math and market structure better and have ore experience. then its possible to talk with argument against argument and the result will be great. thats why you gained more maybe , because you are open to improvements and arguments from others. then problem is: many are not...
You hit a nerve there buddy. totally true. OPEN MIND

I gotta tell you , Lots of good traders here on FF, and Lots of Confusers that confuse others to slow learning curve. OPEN MINDED can see thru all that and excel
Frank Fadi
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