Learn from your mistakes and march on.
1
- #11,921
- Apr 2, 2020 8:46pm Apr 2, 2020 8:46pm
- Joined Dec 2019 | Status: Trader | 5,597 Posts
Learn from your mistakes and march on.
- #11,922
- Apr 10, 2020 6:48am Apr 10, 2020 6:48am
- Joined Mar 2013 | Status: Trader | 6,512 Posts
FIDELCREST SCAMMER: https://challenge.fidelcrest.com/#account-type
FIDELCREST SCAM
I would like to add Fidelcrest to this SCAMMERS LIST. They claim if you pass their challenge for a fee you can trade their company's capital. Here is the catch for $499 for low risk funded account profit target is 2.5% a month. But the problem is: For $25,000 account you are limited to 2% margin limit meaning the $25,000 account is actually the same as how much you paid Fidelcrest. So you just funded your own account plus you are giving Fidelcrest 60% commission the first month
At least there is now a link on Fidelcrest where they tell you about the margin limit but separated from the challenge program when you click on the buy challenge. So most will only know about the margin limit after you pay up. Before I heard it is much worst they only tell you after you sign up and they will email it to you on a PDF file.
Here are the links to my other posts.
https://www.forexfactory.com/showthr...7#post12868067
https://www.forexfactory.com/showthr...8#post12869648
FIDELCREST SCAM
I would like to add Fidelcrest to this SCAMMERS LIST. They claim if you pass their challenge for a fee you can trade their company's capital. Here is the catch for $499 for low risk funded account profit target is 2.5% a month. But the problem is: For $25,000 account you are limited to 2% margin limit meaning the $25,000 account is actually the same as how much you paid Fidelcrest. So you just funded your own account plus you are giving Fidelcrest 60% commission the first month
At least there is now a link on Fidelcrest where they tell you about the margin limit but separated from the challenge program when you click on the buy challenge. So most will only know about the margin limit after you pay up. Before I heard it is much worst they only tell you after you sign up and they will email it to you on a PDF file.
Here are the links to my other posts.
https://www.forexfactory.com/showthr...7#post12868067
https://www.forexfactory.com/showthr...8#post12869648
- #11,923
- Apr 21, 2020 4:43pm Apr 21, 2020 4:43pm
- Joined Sep 2019 | Status: Trader | 1,979 Posts
{quote} Yes i have seen Aussi and diggers trading statements, there are so many scammers, liers, bullshitters, braggers, ego centric people not only this forum, it never ceases to amaze me, i do my best to call them out. Why do people like FractalFreak (prolific chart poster of his system but never reveals it) GeorgeAus ( claims to have re invented technical analysis mostly crazy ramblings, teamed up with fractalfreak) Aussi (prolific statements posters claiming no loses, bragging constantly) Digger1 (teamed up with aussi to create a double bragging...
I've read the statements from digger1 and Aussi .. of course the results are very "positive" ..
I don't want to say that these results are impossible ... I know scalpers with a win rate of over 90% !!
I wouldn't call this fraud ..
Maybe we 4 ( digger1, Aussi, you and me) can just start a (live!) trade explorer .... then we'll see if these guys and you and me are just "air pumps" ( in German:Luftpumpen!!
- #11,924
- Apr 21, 2020 6:36pm Apr 21, 2020 6:36pm
- Joined Sep 2013 | Status: Trader | 25,154 Posts
{quote} hi pip, I've read the statements from digger1 and Aussi .. of course the results are very "positive" .. I don't want to say that these results are impossible ... I know scalpers with a win rate of over 90% !! I wouldn't call this fraud .. Maybe we 4 ( digger1, Aussi, you and me) can just start a (live!) trade explorer .... then we'll see if these guys and you and me are just "air pumps" ( in German:Luftpumpen!!
people leave, but this thread will go on for ever
- #11,925
- Apr 21, 2020 11:49pm Apr 21, 2020 11:49pm
- Joined Jan 2016 | Status: I am not a trader | 1,238 Posts
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- Hidden for breach of Trader Code of Conduct
- #11,928
- May 14, 2020 7:32am May 14, 2020 7:32am
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
- #11,929
- May 18, 2020 5:32pm May 18, 2020 5:32pm
- Joined Mar 2012 | Status: Trader | 14,351 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
oing same ting over expecting different results..Einstein- #11,931
- May 18, 2020 5:49pm May 18, 2020 5:49pm
- Joined Mar 2012 | Status: Trader | 14,351 Posts
{quote} lol....that was an old post....Happy trading Too Slow
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Here to add am_trading (forex twitch streamer) to the list of scammers.
He decided to take on pupils and mentor individuals claiming his one month track record was conclusive evidence of his profitability as a trader (90% of traders lose 90% of their capital in 90 days... so 1 month doesn't mean shit). At this time he was also providing signals.
He charmed investors into putting money with him and he completely blew his account and the investors alongside him. He no longer has any active investors for this reason.
Has a huge ego and still acts like he's the best trader in the world.
Still acts like he's an incredible trader but he's been trading on a 100k prop account (BLUFX) since October 2019 and has made no progress. May 2020 and still on 100k BLUFX account.
I've included his FXBLUE (not to be confused with BLUFX which is a prop firm) track record of his 5k account to which he linked his investors and clients (this is a blown account he stopped updating and had forgotten to remove the track record... for the moment this webpage is live)
Included the picture of the MYFXBOOK of the same account completely blown out. (He has removed this track record)
Included an Instragam post of him from October 2019 proving he was trading 100k BLUFX then and still is now. No progress has been made.
Included a picture of him boasting about how he "trades for clients"
https://www.fxblue.com/users/bazza
He decided to take on pupils and mentor individuals claiming his one month track record was conclusive evidence of his profitability as a trader (90% of traders lose 90% of their capital in 90 days... so 1 month doesn't mean shit). At this time he was also providing signals.
He charmed investors into putting money with him and he completely blew his account and the investors alongside him. He no longer has any active investors for this reason.
Has a huge ego and still acts like he's the best trader in the world.
Still acts like he's an incredible trader but he's been trading on a 100k prop account (BLUFX) since October 2019 and has made no progress. May 2020 and still on 100k BLUFX account.
I've included his FXBLUE (not to be confused with BLUFX which is a prop firm) track record of his 5k account to which he linked his investors and clients (this is a blown account he stopped updating and had forgotten to remove the track record... for the moment this webpage is live)
Included the picture of the MYFXBOOK of the same account completely blown out. (He has removed this track record)
Included an Instragam post of him from October 2019 proving he was trading 100k BLUFX then and still is now. No progress has been made.
Included a picture of him boasting about how he "trades for clients"
https://www.fxblue.com/users/bazza
What do you guys think? 
$500 a month for a "forecasting service"
www.scorpionfx.com
Extracted from his website:
"We have been managing client funds (profitably) since 2006. And we hold the Guinness World Record for the most consecutive winning trades in a row."
https://www.myfxbook.com/members/jar...pionfx/2547870
$500 a month for a "forecasting service"
www.scorpionfx.com
Extracted from his website:
"We have been managing client funds (profitably) since 2006. And we hold the Guinness World Record for the most consecutive winning trades in a row."
https://www.myfxbook.com/members/jar...pionfx/2547870
"This was a very complex, high-end EA that we created for an institutional-level client back in the first
half of 2018 (a $200,000 project). And the main reason for showing these stats on myfxbook.com,
is to give our clients an idea of our level of experience in the market. As well as to show
our clients what is possible with a highly specialized, finely detailed trading strategy.
These stats were gathered during the development period of this EA. During which time
our client was live-testing various aspects of the strategy. And once the EA reached
a certain level of performance and stability, the client decided it was time
to move the EA to their primary trading account.
At that point, our client stopped using the EA on that particular Metatrader account.
And this is why there are no further updates to this Myfxbook page since 2018.
Since then, this EA has been running in a family office in Singapore.
On an account with capital in excess of $25 million."
- #11,936
- Jun 17, 2020 4:09pm Jun 17, 2020 4:09pm
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #11,937
- Jun 17, 2020 4:55pm Jun 17, 2020 4:55pm
- Joined May 2017 | Status: Trader | 3,885 Posts
Truth is like poetry. And most people f*cking hate poetry.
- #11,938
- Jul 8, 2020 12:16pm Jul 8, 2020 12:16pm
{quote} I have had my "CycleTrader" i.e. common ZigZag running side by side with his (see screenshot in on of my previous post). The rectangles on his CycleTrader were drawn and got repainted "exactly" on the same tick as mine ZigZag with default settings. Like Swiss watches. Actually when I saw this for the first time I realized that all that "institutional" bait is lie
i love that now when you do a google search for Nick Vendetti Forex my post about him being a scam is the first thing that show up. I know he spends a lot of time in forexfactory. Its odd for someone supposedly so successful. Dont ask me how, i just know... so
Nick!
- #11,939
- Jul 9, 2020 7:24am Jul 9, 2020 7:24am
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
{quote} the guy is full of bs. All you need to do is put his flow trader on renko or range bars to see they are not based on volume. They are based on price and price alone. They are lagging Indicators but the parameters are set very short. i love that now when you do a google search for Nick Vendetti Forex my post about him being a scam is the first thing that show up. I know he spends a lot of time in forexfactory. Its odd for someone supposedly so successful. Dont ask me how, i just know... so
- #11,940
- Jul 9, 2020 7:30am Jul 9, 2020 7:30am
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
