Let me start by saying that no one should subscribe to a system that is not exposed by a Trade Explorer.
The website shows only winning trades. Is the win rate really 100%?
There are several copy trade services that have their own version of a Trade Explorer.
Anyone can see all live trades and the metrics on the account.
You've made a crucial observation. The service formerly at myforexmagicwave.com (which now returns an error) is currently operating under two identical websites: creativetradingsystems.com and `elliottwavemaster.com**. A quick comparison shows they have the exact same layout, sales pitch, and promises of "making 100s of pips a week."
This isn't just a rebrand; it's a pattern consistent with services that cannot provide verifiable proof of success. Here's what a detailed analysis of their previous materials reveals:
Fake Performance Proof: The operator has shared trade statements containing impossible dates (June 31st, 32nd), non-sequential ticket numbers, and lot sizes representing $300M+ positions—an obvious fabrication. Crucially, neither service has ever provided a Myfxbook, FXBlue, or Trade Explorer, which is the absolute minimum for legitimacy.
Dangerous, Mathematically Flawed Advice: Analysis of their promoted strategy shows trades risking 90% of a $10,000 account on a single trade. Professional risk management is 1-2%. This creates a 99.9% Risk of Ruin, mathematically guaranteeing account blow-up during normal market volatility. It's gambling, not trading.
The point about them jumping between Forex, Gold, Indices, and Bitcoin is key. It fits the "magic system" sales pitch on their sites, claiming one unique method works on everything. In reality, this often masks a lack of edge and is used to always show "winning" charts somewhere, while ignoring losses elsewhere.
The "lifetime subscription & no refund policy" is the final red flag. It's a business model designed to lock in revenue upfront because the product's long-term value (and the trader's account) likely won't last. They profit from the sale, not from your trading success.
Bottom line for other traders: This is a textbook example of an operation to avoid. Always demand independent, verifiable track records. If a seller can't provide a simple Myfxbook link, walk away. Don't let the domain name changes fool you; the unsustainable strategy remains the same.
{quote} You've made a crucial observation. The service formerly at myforexmagicwave.com (which now returns an error) is currently operating under two identical websites: creativetradingsystems.com and `elliottwavemaster.com**. A quick comparison shows they have the exact same layout, sales pitch, and promises of "making 100s of pips a week." This isn't just a rebrand; it's a pattern consistent with services that cannot provide verifiable proof of success.
{quote} Why was the following comment deleted from this video?
"I honestly tried this system in 2021 it just fire off false signals and the renko candles aren't timed based which causes the false signals and losses the method works just use a 3 EMA with Henikin Ashi candles you'll be fine"
Ignored
To the user who shared the deleted comment—thank you for preserving this.
This single comment tells you everything you need to know:
1. First-hand confirmation: Someone actually tried the system back in 2021, and it failed in live trading. This isn't speculation,it's real experience from someone who paid and tested it themselves.
2. The "Renko candle" flaw: The commenter points out that "Renko candles aren't time-based." This is technically accurate, Renko charts filter by price movement, not time. And while that can be useful in the right hands, in this system it's used as marketing "smoke and mirrors" to make charts look cleaner than they really are, generating false signals that lead to losses.
3. The comment was deleted: Why delete an honest review from 2021? Because it threatens the business model. On Telegram and YouTube, negative comments are routinely deleted and critics blocked whenever anyone asks for real proof of trading. This is how the echo chamber is maintained,only "positive" comments remain visible, giving new traders a false sense that the system is working.
4. The "80% loss rate" has been documented elsewhere: On ForexFactory, other members have reported that a MetaTrader EA copying Samdani's trades live achieved "around about an 80% loss rate." A Zulutrade account linked to him also showed a "several hundred percent draw down" before being removed from public view. The 2021 comment fits this exact pattern.
Bottom line: The system didn't work in 2021. The comment was deleted to protect sales. And the same issues persist today,no Myfxbook, no verifiable track record, just marketing hype and deleted criticism.
This is the kind of evidence new traders need to see before they hand over their money. Thanks again for sharing it.
