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Scammers - Hall of Shame

  • #9,701
  • Jan 30, 2019 4:16am Jan 30, 2019 4:16am
Quoting pooh123
{quote} Taking profits on non-existent trades is much safer.
Buying at the top of a range, dear oh dear oh dear.
  • #9,702
  • Jan 30, 2019 4:22am Jan 30, 2019 4:22am
Quoting Bushy
{quote} Buying at the top of a range, dear oh dear oh dear.
He saw net stop cloud above and perhaps with confluence of retail sentiment. Hence the long trade. However, as I said, Market Makers are subject to constraints in making stop run. They only hunt the stop 40% of times when there is one nearby.
  • #9,703
  • Jan 30, 2019 4:47am Jan 30, 2019 4:47am
Quoting pooh123
{quote} He saw net stop cloud above and perhaps with confluence of retail sentiment. Hence the long trade. However, as I said, Market Makers are subject to constraints in making stop run. They only hunt the stop 40% of times when there is one nearby.
Yes, if that, most of the time it will only take out the previous high's by a few pips, then back into range, more accumulation, 'Time and Range' as he says, we all know this, he says all this stuff is New revelation, it's accumumulation/distribution, as explained by Richard Wyckoff, and he died in 1934, so NOT that new.

The thing is, FF was only introduced to forex a couple of years ago, we know that from his postings on MQL forum, he's picked up the theories like we all have, got really excited about it, happened upon a fancy indicator that 'displays' this, and gone for it, started trading, started a thread thinking he knows how to trade, BUT we've all been there, how many times have we all seen stuff that we understand, know it works, but implementing it and profiting from it, is a different ball game alltogether, and no matter what he will not accept or admit this, the sooner he does, the sooner he will have the slimest of chances to succeed, but from what I've seen, I don;t think it's going to happen.
  • #9,704
  • Jan 30, 2019 4:48am Jan 30, 2019 4:48am
Quoting pooh123
{quote} He saw net stop cloud above and perhaps with confluence of retail sentiment. Hence the long trade. However, as I said, Market Makers are subject to constraints in making stop run. They only hunt the stop 40% of times when there is one nearby.
Precisely. I made some back test with Oanda's open data via their API and came to the same conclusion.. It'good to know where retail sells and buys but it's not enough for claiming the cluster will be consumed by MM.
Some time ago I tried to explain to FF that liquidity provided by MM's is what drives price changes and not liquidity provided by small amount of retailers. He rejected this "idea" as not proved and not right
  • #9,705
  • Jan 30, 2019 4:51am Jan 30, 2019 4:51am
Quoting 3ndlessHope
Im seriously considering taking the opposite direction of his calls. Either that or i start crying by the missed opportunities lol.
Better option at post 9694.
  • #9,706
  • Jan 30, 2019 5:12am Jan 30, 2019 5:12am
Quoting mcquak
{quote} Precisely. I made some back test with Oanda's open data via their API and came to the same conclusion.. It'good to know where retail sells and buys but it's not enough for claiming the cluster will be consumed by MM. Some time ago I tried to explain to FF that liquidity provided by MM's is what drives price changes and not liquidity provided by small amount of retailers. He rejected this "idea" as not proved and not right
Yes, in a $5.4trillion daily market, what amount of liquidity will retailers produce?????????
  • #9,707
  • Jan 30, 2019 5:24am Jan 30, 2019 5:24am
Quoting Bushy
{quote} Yes, in a $5.4trillion daily market, what amount of liquidity will retailers produce?????????
Just tiny.

IMO FF is confused by thinking he sees order book and so sees whole "market" hence the theory about smart money, dumb money blablabla which he thinks as his "invention"...
  • #9,708
  • Jan 30, 2019 5:44am Jan 30, 2019 5:44am
Quoting mcquak
{quote} Just tiny. IMO FF is confused by thinking he sees order book and so sees whole "market" hence the theory about smart money, dumb money blablabla which he thinks as his "invention"...
So, it wasn't him that invented forex? OMG, my whole world has fallen apart
  • #9,709
  • Jan 30, 2019 6:21am Jan 30, 2019 6:21am
FF's latest youtube video as of that post was about the flash crash. It only talked in general term about the move of several currencies during the flash crash , against DM sentiment. Obviously Fractal didn't predict the flash crash. Otherwise he would have made screenshots of orderbooks before the crash and shown them in the video. The video was of mediocre to low quality, even at Fractal's own standard, worse than most of his videos. There's no one in the world could make "awesome pips" based on that video. If any of Fractal's videos helped any trader make "awesome pips", definitely it is not "the latest video". The link for the video is here. You can judge for yourself: -https://www.youtube.com/watch?v=hz1A4O_Eypc

I don't think Vale had watched that video when he wrote that ass licking post. Otherwise he would've chosen some other video to flatter on.

An advice for Vale, next time you lick Fractal' ass, do watch the video. Can someone post this in Fractal's thread for Vale to read ?
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  • #9,710
  • Jan 30, 2019 6:42am Jan 30, 2019 6:42am
Quoting mah.sarah
{quote} even you get this free signal service on some brokers, the signals are not consistent. they change their trades so very often. I won't recommend it.
Yes, I would rather go with yours..
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  • #9,711
  • Jan 30, 2019 6:43am Jan 30, 2019 6:43am
Quoting mah.sarah
{quote} BTW I'm thinking of bigger deposit
Why do you find the money tho?
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  • #9,712
  • Jan 30, 2019 7:10am Jan 30, 2019 7:10am
Quoting Bushy
{quote} Yes, in a $5.4trillion daily market, what amount of liquidity will retailers produce?????????
a FAQ
on one hand, maybe not that tiny, if consider that large players has usually no leverage at all, or maybe very modest.
the same time retailers frequently trade 1:500 to 1:3000, and i believe some broker like Exness introduced 'unlimited' leverage a while back on smaller accounts.

add to this the frequency, bcos larger players for many reasons not tend to trade that frequently.
on the other hand, a huge %age of retail brokers at best using a hybrid model, if not outright bucket shop, so, is that really count toward the daily turnover, or not, as never really appear anywhere in real market.

just looked up, this month i made something of 645 lot volume, that equals to 64 million USD.
of course a scalper makes relative frequent and relative higher volume trades.
in comparison this account is a 5 digit one.
now, think a 500-million hedge fund decide to enter EurAud, with their 10% net worth size....that is 50 million, at 1:1 leverage.

how crazy to think that Profitfarmer with funds 1000 times smaller trades more volume that the position a medium size hedge fund takes?
i would say very.
again, more than likely most of my trades never really left my broker.

i know there may have been 1000s of funds, but the same notion, there is probably millions of Profitfarmers out there, too.
conclusion: the number is still a debate, and i am not sure what to believe, but nor it really have an immediate impact on me this point.
should i lose sleep about it? dont think so!

happy trading!

PS. sorry for the short essay, the market is real slow this week!
i think after gym it will be reading the Darkstar book tonight
there is always, always another trade!!
  • #9,713
  • Jan 30, 2019 8:03am Jan 30, 2019 8:03am
Quoting profitfarmer
{quote} a FAQ on one hand, maybe not that tiny, if consider that large players has usually no leverage at all, or maybe very modest. ... PS. sorry for the short essay, the market is real slow this week! i think after gym it will be reading the Darkstar book tonight
I have the Darkstar ebook too. I find it helpful. Darkstar, James 16 and Mr Special Case have something in common. There is value in what they preach. Yet none of them is a profitable trader.
  • #9,714
  • Jan 30, 2019 8:16am Jan 30, 2019 8:16am
Quoting pooh123
{quote} I have the Darkstar ebook too. I find it helpful. Darkstar, James 16 and Mr Special Case have something in common. There is value in what they preach. Yet none of them is a profitable trader.
Darkstar is so full of shit!!!
  • #9,715
  • Jan 30, 2019 8:33am Jan 30, 2019 8:33am
Quoting ThePit
{quote} Darkstar is so full of shit!!!
sometimes knowing what you dont want to do is nearly equal to know what you want to do...
there is always, always another trade!!
  • #9,716
  • Jan 30, 2019 8:37am Jan 30, 2019 8:37am
Quoting billytt
He is back.....
Yes Billy , FailedFreak goes, come back, go, come back...
Occasionally he posts an useless and repetitive chart ...
Occasionally he post a pathetic " horrido " ...
Almost all his followers left him ...
Evidently the brain of the famous Hedge Fund Manager from Gibraltar is in a dazed and confusional state.
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  • #9,717
  • Jan 30, 2019 8:49am Jan 30, 2019 8:49am
Quoting pooh123
{quote} I have the Darkstar ebook too. I find it helpful. Darkstar, James 16 and Mr Special Case have something in common. There is value in what they preach. Yet none of them is a profitable trader.
it's not hard to regurgitate shit you read online or heard from someone.

a noob comes to forexfactory will sound like an expert in couple of months with all the stupid trading cliches.

at this point, can we agree that unless the teacher can demonstrate trading abilities live is a requirement?..(instead of posting after the fact charts)
  • #9,718
  • Jan 30, 2019 9:21am Jan 30, 2019 9:21am
PATHETIC.
No1 buy,, No 2 buy and get wiped out
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,719
  • Jan 30, 2019 9:30am Jan 30, 2019 9:30am
Quoting pooh123
FF's latest youtube video as of that post was about the flash crash. It only talked in general term about the move of several currencies during the flash crash , against DM sentiment. Obviously Fractal didn't predict the flash crash. Otherwise he would have made screenshots of orderbooks before the crash and shown them in the video. The video was of mediocre to low quality, even at Fractal's own standard, worse than most of his videos. There's no one in the world could make "awesome pips" based on that video. If any of Fractal's videos helped any...
Done.
  • #9,720
  • Edited Jan 31, 2019 3:49am Jan 30, 2019 9:33am | Edited Jan 31, 2019 3:49am
Quoting [COLOR=Black
hilmy83[/color];11943862]{quote} It's not hard to regurgitate shit you read online or heard from someone.
A noob comes to Forexfactory will sound like an expert in couple of months with all the stupid trading cliches.
At this point, can we agree that unless the teacher can demonstrate trading abilities live is a requirement?...(instead of posting after the fact charts)
Agree Hilmy.

This is the perfect portrait of FractalFreak.

He arrived here regurgitating the shit he read online or heard from someone.

And he came on ForexFactory as a noob because all we remember the noob questions posted by Fractal on Mql5 site ( "How do I install an indicator ? ").

And yes , the teacher must demonstrate trading abilities Live as a requirement , instead of posting after the fact charts.

But FractalFreak has never shown his LIVE account.

With his only two LIVE trades he lost many hundreds of pips .

He never posted his TE or myFxbook.

He never posted his certified results.

Someone says that Fractal is not even a trader ...
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