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  • #21
  • Aug 25, 2019 2:58am Aug 25, 2019 2:58am
Quoting mntiwana
Sounds interesting,especially to newbies but astonished how and why peoples trust and pay for things that they do not know the logic and or strategy behind
Totally.
Being new to this business one actually needs some good mentorship and guidance, not so much overpriced products that won't do the work properly or even cause you losses.
  • #22
  • Aug 25, 2019 3:32am Aug 25, 2019 3:32am
The big problem with the EAs on mql5 is the following:

a) Most products are totally new. You may see a couple of reviews, but they are mostly a few weeks old.
You cannot rely on them.

b) A signal is also just a week old, or let it be a little more.

c) Seller starts to increase the price of his product, so you consider: If I am about to buy, then now.

d) More and more buyers are joining the track. First low star reviews are being published.

d) Product sells another couple of times, then begins to decline in the list of most sold products and disappeares from the first site of the marketplace.

e) Signal is being removed, as it doesn't perform that well.

- There are only very few EAs, that do not share this history.
However, each and any of them vanishes from the marketplace first page one day, and doesn't find any new buyers.

A new EA must be released. And this is how it goes on and on.
  • #23
  • Aug 25, 2019 7:50am Aug 25, 2019 7:50am
Quoting Fx-Gamer
The big problem with the EAs on mql5 is the following: a) Most products are totally new. You may see a couple of reviews, but they are mostly a few weeks old. You cannot rely on them. b) A signal is also just a week old, or let it be a little more. c) Seller starts to increase the price of his product, so you consider: If I am about to buy, then now. d) More and more buyers are joining the track. First low star reviews are being published. d) Product sells another couple of times, then begins to decline in the list of most sold products and disappeares...
IMHO, Market of mql5.com is a place to scam newbies and less experienced traders. Execpt for a few good indicators, panels and semi-automated expert advisors, all other products are BS!
Trading is the hardest way to make easy money...
  • #24
  • Aug 25, 2019 7:53am Aug 25, 2019 7:53am
Quoting MathTrader7
{quote} IMHO, Market of mql5.com is a place to scam newbies and less experienced traders. Execpt for a few good indicators, panels and semi-automated expert advisors, all other products are BS!
Do you know of any other marketplace?!
I searched, but couldn't find any...
  • #25
  • Aug 25, 2019 8:02am Aug 25, 2019 8:02am
Quoting Fx-Gamer
{quote} Do you know of any other marketplace?! I searched, but couldn't find any...
To my knowledge, not like mql5 organized, but there are bunch of such scam websites selling a scalping indi/EA out there on the net.
Trading is the hardest way to make easy money...
  • #26
  • Oct 6, 2019 7:01am Oct 6, 2019 7:01am
Mt4 real server scam now exposed:
https://d.tube/#!/c/mt4-gets69d

That way you can fake your trading history.

This is what has happened with the signal 'Style of profitable Trader' (Look at 2nd post of this thread).

More than 100 subscribers were scammed at that time and lost most of their account balance.

Thanks to user lemur6666 for making this hack public.
  • #27
  • Oct 7, 2019 2:22am Oct 7, 2019 2:22am
https://youtu.be/jN0p96puPcI
  • #28
  • Last Post: Oct 10, 2019 6:08am Oct 10, 2019 6:08am
Check also this:
https://twitter.com/realdollarfire/status/1180052089327804421
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