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Scammers - Hall of Shame

  • #3,461
  • Nov 13, 2017 5:24am Nov 13, 2017 5:24am
Quoting ricki72
one less {image}
+ he cant come back with the same signal and/or demo acct, so, maybe we dont have to see for a while!!
there is always, always another trade!!
  • #3,462
  • Nov 13, 2017 5:45am Nov 13, 2017 5:45am
Quoting ricki72
one less {image}
Yes Ricki , still one less...
https://www.forexfactory.com/showthr...3#post10487393
  • #3,463
  • Nov 13, 2017 5:50am Nov 13, 2017 5:50am
Who´s next?

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  • #3,464
  • Edited 6:07am Nov 13, 2017 5:57am | Edited 6:07am
Quoting ricki72
Who´s next?
I already have a couple of ideas...
hahaha , beautiful picture
  • #3,465
  • Nov 13, 2017 6:10am Nov 13, 2017 6:10am
Quoting redoktober
{quote} I already have a couple of ideas... hahaha , beautiful picture
maybe this?
https://www.forexfactory.com/showthread.php?t=713953
copy trade for weekly 10-30% profit promise....
based on a backtest equity curve screenshot.

but sure there is one a day new candidate popping up.
there is always, always another trade!!
  • #3,466
  • Nov 13, 2017 12:53pm Nov 13, 2017 12:53pm
Quoting fxtyrant
{quote} Actual it would also be great if the regular members would also show their trade performance. then we'll know for sure who here actually knows what they're talking about....
Quoting profitfarmer
{quote} a sensible suggestion
Quoting profitfarmer
{quote} true, true... but wouldnt it be a nice and instant way to filter out lots of BS from regular members too, who talk about the i think, and i know perspective without having their thinking or knowing based on some solid results. that is all.
Here you go. One of my smaller accounts.

Yes, it's completely automated with my own custom ea.
No, it's not for sale.
No, I won't trade your money.
No, I won't let you trade my money.

And finally...

No, I won't show any more because I have NO COMMERCIAL MOTIVATION to do so.
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  • #3,467
  • Nov 13, 2017 1:09pm Nov 13, 2017 1:09pm
That is fantastic consistency the exact goal of my current EA. Well done @kenshin
  • #3,468
  • Nov 13, 2017 1:43pm Nov 13, 2017 1:43pm
Quoting Tradingwithw
That is fantastic consistency the exact goal of my current EA. Well done @kenshin
Thanks. You'll get there.

What I did was start with a simple but profitable plan, and then used ea functionality to improve the execution of that plan in any way possible. Some of the programming was insane though, and probably drove me a bit crazy. I'm happy just to sit back and watch now.
  • #3,469
  • Nov 13, 2017 1:45pm Nov 13, 2017 1:45pm
Quoting kenshin
{quote} {quote} {quote} Here you go. One of my smaller accounts. Yes, it's completely automated with my own custom ea. No, it's not for sale. No, I won't trade your money. No, I won't let you trade my money. And finally... No, I won't show any more because I have NO COMMERCIAL MOTIVATION to do so. {image}{image}{image}{image}{image}
do you wanna be my friend? hahaha just kidding man.
keep on that same way
Take what you can, give nothing back
  • #3,470
  • Nov 13, 2017 2:57pm Nov 13, 2017 2:57pm
Quoting Husky77
{quote} do you wanna be my friend? hahaha just kidding man. keep on that same way
Don't worry, I will. I'm a creature of habit.
  • #3,471
  • Nov 13, 2017 3:38pm Nov 13, 2017 3:38pm
Quoting kenshin
{quote} {quote} {quote} Here you go. One of my smaller accounts. Yes, it's completely automated with my own custom ea. No, it's not for sale. No, I won't trade your money. No, I won't let you trade my money. And finally... No, I won't show any more because I have NO COMMERCIAL MOTIVATION to do so. {image}{image}{image}{image}{image}
Looks good! Keep up the good work

finally someone who walks the walk
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #3,472
  • Nov 13, 2017 6:03pm Nov 13, 2017 6:03pm
What kind of joke is this? : https://www.forexfactory.com/showthread.php?t=714501

90% win rate!!!

Scammers are getting "smarter", they are not selling their garbage indicators directly, now they show them for free and earn money through making newbies click URL shorterner websites.
  • #3,473
  • Nov 13, 2017 6:48pm Nov 13, 2017 6:48pm
Quoting Black
What kind of joke is this? : https://www.forexfactory.com/showthread.php?t=714501 90% win rate!!! Scammers are getting "smarter", they are not selling their garbage indicators directly, now they show them for free and earn money through making newbies click URL shorterner websites.
Samer1970 is known as a big troll in this forum. i remember some month ago, he was not even possible to know how leverage and margin work in a broker. with a high chance he will also count pips in statistics or use balance and not equity.
extrem crazy person. extrem low knowledge.
  • #3,474
  • Nov 13, 2017 11:36pm Nov 13, 2017 11:36pm
@kenshin

You better close your PM inbox after showing your live results because this

Quote
No, it's not for sale.
No, I won't trade your money.
No, I won't let you trade my money.

won't stop it from being flooded with messages from people "who lost everything on forex", "going to get evicted from their home", "have a whole family depending on them" or "can not feed their kids anymore".

The request that members show their live (positive) results was probably made by someone that never showed positive live results him/herself and has never received dozens if not hundreds of this kind of messages.
I think it's not a smart thing to do.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,475
  • Nov 14, 2017 12:33am Nov 14, 2017 12:33am
Thankyou for your concern. I did think for a long time before making those account details public, however I will have no problem blocking PM's or even disappearing completely from FF for extended times if any problem arises here.

The main reason why I have posted this info is to address any concerns about me (being classed as a regular member) not being able to trade properly.

Secondary to that, I have also posted this info hoping that it will provide a good demonstration for any Commercial Members who have been labelled as scammers here about what level of transparency they need to show and what type of evidence we are looking for to back up their claims of being able to trade properly. i.e. live account of more than 10K, properly regulated broker, at least six months, full disclosure, but we don't need to see your trades so your method is safe. Any takers???
  • #3,476
  • Nov 14, 2017 12:52am Nov 14, 2017 12:52am
Quoting FxMadness
@kenshin You better close your PM inbox after showing your live results because this {quote} won't stop it from being flooded with messages from people "who lost everything on forex", "going to get evicted from their home", "have a whole family depending on them" or "can not feed their kids anymore". The request that members show their live (positive) results was probably made by someone that never showed positive live results him/herself and has never received dozens if not hundreds of this kind of messages. I think it's not a smart thing to do....
Actually im showing positive results on my myfxbook page, and yes i do receive spams.... but i just dont care, and i think i already blocked whoever is not a buddy from sending me a PM....

Honestly i dont think posting your trade journals is a problem, in fact if it shows a great track record, it should be a value add to the individual talking in here....
there far too many people who seems to talk like a pro but are too afraid to show their results, because all they can do is talk the talk but not walk the walk.

Besides Kenshin has my respect, being able to show his good results trumps people who talk like a pro but nothing to show for in here....
Kenshin has a great track record and Im going to pay respects to him for as long as he doesnt put a price tag or sell his product/services in here.

Showing results to validate yourself that you know how to make a dime DOES NOT mean you are selling the idea of helping others gain the same results.

And every butt hurt folks on FF with their jealousy is going to say they dont want to show their results because of privacy yet pretend to know a lot is just full of shit
if you want privacy then... probably best not to use social sites like this where the admin can identify your IP address and be able to identify the Computer and username you are using at home. How do you think the guys at ForexFactory could identify duplicate users? they know your computer's identifiers buddies....

IP Address
MAC Address
Computer ID, Username Logged in, Browser information etc etc.

so dont talk about privacy when you're here on forexfactory, ultimately it doesnt exist....

Quoting kenshin
Thankyou for your concern. I did think for a long time before making those account details public, however I will have no problem blocking PM's or even disappearing completely from FF for extended times if any problem arises here. The main reason why I have posted this info is to address any concerns about me (being classed as a regular member) not being able to trade properly. Secondary to that, I have also posted this info hoping that it will provide a good demonstration for any Commercial Members who have been labelled as scammers here...
Taker here. dont have 6 months but atleast im building to it.
check the myfxbook link on my profile.

dont want to use ForexFactory's Trade Explorer, it exposes the open trades which i dont like at all.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #3,477
  • Nov 14, 2017 1:31am Nov 14, 2017 1:31am
Quoting fxtyrant
{quote} Besides Kenshin has my respect, being able to show his good results trumps people who talk like a pro but nothing to show for in here.... Kenshin has a great track record and Im going to pay respects to him for as long as he doesnt put a price tag or sell his product/services in here.
Thankyou for your kind words, although I don't think that my performance is very good, just steady and reliable. You can be assured that there is no ulterior motive with what I've posted. I merely wanted to set the record straight regarding my own abilities.
Quoting fxtyrant
{quote} Taker here. dont have 6 months but atleast im building to it. check the myfxbook link on my profile. dont want to use ForexFactory's Trade Explorer, it exposes the open trades which i dont like at all.
I have looked at your myfxbook, but as you would understand it's much too early to judge anything. I also didn't use a Trade Explorer for exactly the same reason as you.
  • #3,478
  • Nov 14, 2017 3:36am Nov 14, 2017 3:36am
Quoting kenshin
{quote} Thankyou for your kind words, although I don't think that my performance is very good, just steady and reliable. You can be assured that there is no ulterior motive with what I've posted. I merely wanted to set the record straight regarding my own abilities. {quote} I have looked at your myfxbook, but as you would understand it's much too early to judge anything. I also didn't use a Trade Explorer for exactly the same reason as you.
is this your main account or you already test it in some million accounts? when i started i had until 2 millionen also like this results, not exactly your total stable line (by the way very good sharpe ratio and standard deviation). very short term trades are very good for get stable results, but after account grows the spread and slippage and volume problems come in place and reduce result extrem (of course only results in percent) by having to trade much higher trading amounts, so from 200% per year is only 50% left later. looks like you trade quite same like i do a little bit, because of quite same qeuity line, so maybe you will have many short trades too and get this problems too later.
  • #3,479
  • Nov 14, 2017 3:43am Nov 14, 2017 3:43am
Quoting fxtyrant
{quote} Actually im showing positive results on my myfxbook page, and yes i do receive spams.... but i just dont care, and i think i already blocked whoever is not a buddy from sending me a PM.... Honestly i dont think posting your trade journals is a problem, in fact if it shows a great track record, it should be a value add to the individual talking in here.... there far too many people who seems to talk like a pro but are too afraid to show their results, because all they can do is talk the talk but not walk the walk. Besides Kenshin has my respect,...
most people do most of their work over servers or stations remoted. i am so much on the road and trips, i only do all over my remote connections, to have all in one place and all informations collected. so you have a ip, but whats the problem with this ip? when you dont give out private informations all is fine, when you want hide ip you can also do easy by using some networks/programs.

but really, people wrote to you with your really very bad performmace? much higher drawdown then win in even only 2 months trading? and this is your best survived account, many of your accounts are killed already over the years. and maybe there is only very small money in this account. who will write to this, i cant understand. but you did often spoke about things before that was not true, so maybe thats again the reason.
  • #3,480
  • Nov 14, 2017 4:25am Nov 14, 2017 4:25am
Quoting dukas_trader
{quote} is this your main account or you already test it in some million accounts? when i started i had until 2 millionen also like this results, not exactly your total stable line (by the way very good sharpe ratio and standard deviation). very short term trades are very good for get stable results, but after account grows the spread and slippage and volume problems come in place and reduce result extrem (of course only results in percent) by having to trade much higher trading amounts, so from 200% per year is only 50% left later. looks like you...
Thankyou for the feedback!!

It's not my main account. I never have any accounts over 200K though, as I will either withdraw or open more accounts at other brokers or in other persons name such as wife. I never like the idea of too many $$$ in one account or broker.

My trades are almost never short term and will normally run for at least a few hours. Individual trade sizes are small in relation to the account size. My effective leverage is never over 10:1, and most times it's below 3:1. When news hits my ea will not open or close trades until after the price has settled, so this helps minimize slippage.

I have routines designed to handle spread. Basically I'm trying to intelligently open/close trades when the spread is more likely to be low. I do this by monitoring the average spread over the last 60 seconds, and also making sure that it is stable for at least 10 seconds before any trade operations are performed. My ea also logs and monitors everything in extreme detail, and I have very tight thresholds on everything. My ea knows exactly what to expect, and if anything plays out different then it will notify me. If broker plays any games, or slippage/spread become a concern, my ea will log this event and alert me immediately via email/audio/log file. I can and do monitor slippage/spread costs along with a billion other things, and up till now I haven't had any problems. If I did notice a drop in performance outside of my expected variation, then I would flatten my position and investigate.
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