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Scammers - Hall of Shame

  • #8,001
  • Oct 27, 2018 6:42am Oct 27, 2018 6:42am
Quoting dukas_trader
{quote} contest is really so useless. when someone is good, they compare by lawyer the history results, finished and fast. same like applaying for a job in banks... with good statement you dont need forward trading with them..... when history trackrecord is fine... contest is for people who say, wow i learned now something, lets see if it work, until now i have nothing.... no real trader have to lose so much time with such useless contest.
Disagreed as it is not completely useless. Real time trading is always better than history. Fair rules + trade explorer/myfxbook/screenshot of TP,SL,Entry in place works well.
Necessity knows no law except to conquer
  • #8,002
  • Oct 27, 2018 6:44am Oct 27, 2018 6:44am
Quoting 3ndlessHope
{quote} Disagreed as it is not completely useless. Real time trading is always better than history. Fair rules + trade explorer/myfxbook/screenshot of TP,SL,Entry in place works well.
but we speak here about showing that someone can trade and dont have faked all his trades and results. so his mentioned big wins trades (from his thread) should by inside his account .... and history should look ok, with win and drawdown.......nothing more, nothing less....

contest would need go 6 months until 1 year and better 5 years to show someone can trade!!

showing history real account is doing same and immediately! so i dont see the positive about contest in this case.
  • #8,003
  • Oct 27, 2018 6:50am Oct 27, 2018 6:50am
Quoting 3ndlessHope
{quote} I agree in general. My only problem with the guy is his huge ego and lies. If he started with "hey guys here is something that works but its not free" i would gladly consider paying for his service. Anyways 10 days is almost nothing especially when you do only 1 trade per day. The "contest" is optimised for him so as long as others dont join, its ok but if you guys want a real trading contest, you need fair rules for both/all parties.

I agree too....but if everybody keeps claiming his videos are NOT live trades and IF we don't allow to proof different....this will just be an ongoing story.....

And....it is not soooo easy to show consistent results......that's why 10 days would give a better indication......

I understand that 200 trades (or so...) would be a better point of judgement....but then we will be almost in the year 2020.....

I don't think it is about a trading contest.......but more if FF set-up and claims are valid.......

Lets find out....
  • #8,004
  • Oct 27, 2018 6:52am Oct 27, 2018 6:52am
Quoting AndresSR
{quote} I agree too....but if everybody keeps claiming his videos are NOT live trades and IF we don't allow to proof different....this will just be an ongoing story..... And....it is not soooo easy to show consistent results......that's why 10 days would give a better indication...... I understand that 200 trades (or so...) would be a better point of judgement....but then we will be almost in the year 2020..... I don't think it is about a trading contest.......but more if FF set-up and claims are valid....... Lets find out....
all your arguments say also, trackrecord is best way! because we dont have time many years, but many years are needed to see if this is fake (until now looks 100% fake) or not.

i have seen so many people coming and going in trading, staying maybe 1 or 2 of thousand. and people speaking like fractalfreak you did see each week inside a bank applying for a job, and noone ever was a winner. reality is so easy.
  • #8,005
  • Oct 27, 2018 6:54am Oct 27, 2018 6:54am
Quoting AndresSR
{quote} Hi Dukas, As you know, being consistent in trading is not easy......so 10 days of profitable trading would give a better insight....... Trackrecord /Real Account Statements.....Why would anybody post those on a forum? Sofar NO money has been asked by FF.......so why not give FF a chance?....... If after that it requires a 2000 Euro for 2 years investment (Tarmo story...),which equals 80 euro's a month ....it would possibly be the best investment somebody ever made..... Anyway, I am just a messenger, but I believe people deserve the possibility...
there is where a little problem may, and that likely resulted the "commercial status".
a few points that were pretty much clearly established.

fact:
FractalFreak isnt selling directly anything here.
fact:
FractalFreak uses a bunch of indicators.
fact:
Tarmo Mitt is selling the indicators for 2000 euro
fact:
Tarmo Mitt stated that FractalFreak and him are business partners
fact:
Forexfactory posted all over the screenshots of a paid indicator package, that seemingly unable to lose ( yet to see those losing trades posted)
fact:
all the above equal indirect marketing or advertising of a paid service, one way or another, really.

now, beyond that, there can be plenty debate about how good the system is, what merits it hold, if the price is right or wrong, why there is no track record, which side of the equation a fund manager is, how a business partnership factor in to marketing effort, etc. etc.

i believe the indi package has value.
i have no problem with commercial intentions, nor selling something that gives value.
such can be presented here on the forum, not a crime.
there is always, always another trade!!
  • #8,006
  • Oct 27, 2018 7:04am Oct 27, 2018 7:04am
Quoting profitfarmer
{quote} there is where a little problem may, and that likely resulted the "commercial status". a few points that were pretty much clearly established. fact: FractalFreak isnt selling directly anything here. fact: FractalFreak uses a bunch of indicators. fact: Tarmo Mitt is selling the indicators for 2000 euro fact: Tarmo Mitt stated that FractalFreak and him are business partners fact: Forexfactory posted all over the screenshots of a paid indicator package, that seemingly unable to lose ( yet to see those losing trades posted) fact: all the above...
Excellent post.....

So lets try to find out how well this whole FF setup performs...... Only this time with entries, sl and tp......not just Horrido's after the trade.....

Many people would like to know....critics as well as followers......
  • #8,007
  • Oct 27, 2018 7:05am Oct 27, 2018 7:05am
Quoting profitfarmer
{quote} there is where a little problem may, and that likely resulted the "commercial status". a few points that were pretty much clearly established. fact: FractalFreak isnt selling directly anything here. fact: FractalFreak uses a bunch of indicators. fact: Tarmo Mitt is selling the indicators for 2000 euro fact: Tarmo Mitt stated that FractalFreak and him are business partners fact: Forexfactory posted all over the screenshots of a paid indicator package, that seemingly unable to lose ( yet to see those losing trades posted) fact: all the above...
of course its possible to do.

but fractalfreak use passiv marketing and is a liar about all. he fakes story about all people exposed his commercial parts....

and most... he use a indicator created as a typical orderbook fraud....he tells this are the stop orders of all people trading in forex... total bullshit, its simple from one broker most parts...... and he is total faking the reality that you can get same usless informations different way.... noone use this informtions because in forex its total useless because not true. even in futures its not true, because people set order to let other often see what they like other have to see, not what they want to trade (and thats biggest joke, this is a kind of big manupulation, and this fractalfreak dont know, what a joke and did make me bigh laugh from his starting of his thread - he use one of biggest manipulated informations someone can have and sells as system against manipulation, and really someone believe this... unbelieveable how many dont learn bascis)..... but useless topics, most will never understand this part because never learned the basics...
so many tried this orderbook fraud already, you see this from year to year.... and even now people fall into this shit.....how ever, any day a new idiot wake up...

but lets say he is a scammer and fraud starter and has the right to sell his fraud indicator , with wrong promises and no trackrecord, because he is a loser by trading over last years....... fine, thats ok and i would not say anything when he would write exactly this to the persons! of course idiots have the right to buy it, of course fractalfreak has the right to get his lost money back from trading with fraud starting, but people have also the right to warn other, because this fake and fraud was done so often and so easy to see when you trade so long.
  • #8,008
  • Edited 7:24am Oct 27, 2018 7:13am | Edited 7:24am
Quoting AndresSR
{quote} Excellent post..... So lets try to find out how well this whole FF setup performs...... Only this time with entries, sl and tp......not just Horrido's after the trade..... Many people would like to know....critics as well as followers......
dont count me to this, 10 trades says nothing, lets do it 1 year, ok, then i would say at least very little information you have.
you really need to learn the basics of statistic and chances of reality from this numbers........ with 10 you have nothing, maybe even the most wrong informations possible, because any result can come. and this in both directions, i would not someone say he is bad trader because lost 10 trades in a row and not say someone is good trader by win 10 trades..... only when he lost more then 10-20% (depends how much money is traded all together over all accounts, and wealth with real estates and so on...) with this 10 trades, then its not a good trader.

and dont get me wrong, even when fractalfreak only presents loss its not such a problem. a problem for me is how he presents all, any wins he shows faked, any....... any loser can say after a trade, horrido i am out with tp here and there, of course when you know the past you have always the best trade exit to say.... and this is what he did always! he presents all like only faker, cheater and scammer present the results.... exatly same way... and he know this,many did tell him, and because he did not change this over 6 months you know for 100% sure he fakes all and cant trade in real (and his system is total garbage) and has to do in this style to look at least for his 5 followers as a good trader.... who believe more in fake stories then reality.
  • #8,009
  • Oct 27, 2018 7:22am Oct 27, 2018 7:22am
Quoting dukas_trader
{quote} dont count me to this, 10 trades says nothing, lets do it 1 year, ok, then i would say at least very little information you have. you really need to learn the basics of statistic and chances of reality from this numbers........ with 10 you have nothing, maybe even the most wrong informations possible, because any result can come. and this in both directions, i would not someone say he is bad trader because lost 10 trades in a row and not say someone is good trader by win 10 trades..... only when he lost more then 10-20% (depends how much...
Hi Dukas,

I understand you points.......but to continue this story for another year.....mmhhhhhh....

Lets see some live results for 10 days first.......

Keep in mind however......this all was just an idea from me....and not confirmed yet by FF........

I would also be disappointed if he does not agree.....because that would tell me a lot about his trading system setup......

Take care
Andres
  • #8,010
  • Oct 27, 2018 7:25am Oct 27, 2018 7:25am
Quoting AndresSR
{quote} Hi Dukas, I understand you points.......but to continue this story for another year.....mmhhhhhh.... Lets see some live results for 10 days first....... Keep in mind however......this all was just an idea from me....and not confirmed yet by FF........ I would also be disappointed if he does not agree.....because that would tell me a lot about his trading system setup...... Take care Andres
exactly. thatswhy compare trackrecord of verified real account, finsihed, problem solved. easy, secure, fast.....

all what a faker dont want who cant trade!
  • #8,011
  • Oct 27, 2018 7:27am Oct 27, 2018 7:27am
Actually the problem could be solved very easily. He posts 156 pictures/nonsense every 15 minutes so i guess putting 3 little lines on his "live calls" should not be a problem. He does not even have to use TE/myfxbook for this. 3 simple lines for TP, SL, entry and thats it.
Necessity knows no law except to conquer
  • #8,012
  • Oct 27, 2018 7:29am Oct 27, 2018 7:29am
Quoting 3ndlessHope
Actually the problem could be solved very easily. He posts 156 pictures/nonsense every 15 minutes so i guess putting 3 little lines on his "live calls" should not be a problem. He does not even have to use TE/myfxbook for this. 3 simple lines for TP, SL, entry and thats it.
Exactly....

That's why just 1 pair... new chart window....entry/tp/sl can all be seen
  • #8,013
  • Oct 27, 2018 7:47am Oct 27, 2018 7:47am
Quoting AndresSR
{quote} Exactly.... That's why just 1 pair... new chart window....entry/tp/sl can all be seen
but then he can also tell any time, he sold before, when fix move is coming in wrong direction. exactly he was doing all the time in his faked live calls.
  • #8,014
  • Oct 27, 2018 7:48am Oct 27, 2018 7:48am
Quoting 3ndlessHope
Actually the problem could be solved very easily. He posts 156 pictures/nonsense every 15 minutes so i guess putting 3 little lines on his "live calls" should not be a problem. He does not even have to use TE/myfxbook for this. 3 simple lines for TP, SL, entry and thats it.
most easy is trackrecord, rest is only just for dont show proof and try your best.
  • #8,015
  • Oct 27, 2018 7:52am Oct 27, 2018 7:52am
Quoting dukas_trader
{quote} most easy is trackrecord, rest is only just for dont show proof and try your best.
Please teach me the basics
Necessity knows no law except to conquer
  • #8,016
  • Oct 27, 2018 8:01am Oct 27, 2018 8:01am
Quoting dukas_trader
{quote} but then he can also tell any time, he sold before, when fix move is coming in wrong direction. exactly he was doing all the time in his faked live calls.
This I don't understand.....

If FF enters a trade with sl and tp there is nothing to change anymore....after posting a screenshot ....

Trade should hit TP......closing before that does not count......
  • #8,017
  • Oct 27, 2018 8:13am Oct 27, 2018 8:13am
Quoting AndresSR
{quote} This I don't understand..... If FF enters a trade with sl and tp there is nothing to change anymore....after posting a screenshot .... Trade should hit TP......closing before that does not count......
that sounds inexperience. sorry.
of course a trade doesnt have to run to a fixed TP or fixed SL.
it is only beginner's trading book that make you set 2:1 R:R and sit back and wait for either to happen.
with news happening 24 hours, a trade setup just changing from minute to minute, and what may seemed good idea to be in an hour ago, suddenly best to be out.
out as right now, not when a SL hit, not when a TP hit.

it is not a game of roulette with black or red, and set payouts.
one can change his bets, or his "payout" even after the ball is rolling ( the trade is on).

that is when track record/trade history will show things correctly, whereas a line on the chart and hearsay wont.
for example: "yes, it went to SL, but i closed way before"; " i get out with small profit"; "at my real broker it hit TP"...etc.

screenshot, without a corresponding track record are also very very easy to fake.
how?
like this
Attached Image (click to enlarge)
Click to Enlarge Name: funny.png Size: 47 KB


but an open TE is less difficult to fake, since everyone sees the orders as they are.
some other tracking sites even better, with VAR%, and measure of real open drawdown/real max drawdown, intraday.
there is always, always another trade!!
  • #8,018
  • Oct 27, 2018 8:19am Oct 27, 2018 8:19am
Quoting profitfarmer
{quote} that sounds inexperience. sorry. of course a trade doesnt have to run to a fixed TP or fixed SL. it is only beginner's trading book that make you set 2:1 R:R and sit back and wait for either to happen. with news happening 24 hours, a trade setup just changing from minute to minute, and what may seemed good idea to be in an hour ago, suddenly best to be out. out as right now, not when a SL hit, not when a TP hit. it is not a game of roulette with black or red, and set payouts. one can change his bets, or his "payout" even after the ball is...
The only problem is that fraktal has clearly stated he wont put up TE/myfxbook because of privacy bullsh1t so currently simple lines are our best bet meh
Necessity knows no law except to conquer
  • #8,019
  • Oct 27, 2018 8:24am Oct 27, 2018 8:24am
Quoting profitfarmer
{quote} that sounds inexperience. sorry. of course a trade doesnt have to run to a fixed TP or fixed SL. it is only beginner's trading book that make you set 2:1 R:R and sit back and wait for either to happen. with news happening 24 hours, a trade setup just changing from minute to minute, and what may seemed good idea to be in an hour ago, suddenly best to be out. out as right now, not when a SL hit, not when a TP hit. it is not a game of roulette with black or red, and set payouts. one can change his bets, or his "payout" even after the ball is rolling ( the trade is on). that is when track record/trade history will show things correctly, whereas a line on the chart and hearsay wont. for example: "yes, it went to SL, but i closed way before"; " i get out with small profit"; "at my real broker it hit TP"...etc. screenshot, without a corresponding track record are also very very easy to fake. how? like this {image} but an open TE is less difficult to fake, since everyone sees the orders as they are. some other tracking sites even better, with VAR%, and measure of real open drawdown/real max drawdown, intraday.

WOW Profitfarmer.......Some really impressive results....What are you doing here?......

Then again on a more serious note...

Do you really watch FF's videos and read his posts?

He is talking about stops and stop runs....Right?

So then you also know where you can set your TP......I guess.....

Probably my lack of experience if I am wrong.......
  • #8,020
  • Oct 27, 2018 8:42am Oct 27, 2018 8:42am
Quoting profitfarmer
{quote} that sounds inexperience. sorry. of course a trade doesnt have to run to a fixed TP or fixed SL. it is only beginner's trading book that make you set 2:1 R:R and sit back and wait for either to happen. with news happening 24 hours, a trade setup just changing from minute to minute, and what may seemed good idea to be in an hour ago, suddenly best to be out. out as right now, not when a SL hit, not when a TP hit. it is not a game of roulette with black or red, and set payouts. one can change his bets, or his "payout" even after the ball is...
Can you doo the same with myfxbook i have been told that is impossible but with "Photoshop"ore whatever i guess everyting is possible,but as you say with the TE open soo you can follow trades its safe too say its for real....The one ting i miss in TE is drawdown is not recorded the way its in myfxbook if your equity has taken a dive its registered in myfxbook but not on the TE trades have too be closed in loss for drawdown too be registered...Dont shoot me if wrong,buts thats the way i have experienced it...
You win some you loose some do both with peace of mind
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