Hall of Forex Terrorists-Fight Back, Every Forex Trader!

http://assets.forexfactory.net/nfs/c...ar113542_2.gif posted his opinions that I should unblock those FX Terrorists to allow them debating with me.
I don't know why I have to debate with those lawless guys who attack people with no reasons like mad dogs.
Would anyone talk to mad dogs?

The best weapon to fight FX Terrorists is making green pips and leaving them to bite the dust.
Most FXT cannot trade well. One of them made 2 pips a day only.
When they are the losers, we will be the winners.

I used to be angered at commercial members selling systems/methods/strategies without any record of past performance. After all an investor interested in a mutual fund or hedge fund or any investment can request a prospectus and obtain this information to make an informed decision. Even if one wants to invest in a single stock he can look at that particular stock's performance. But here at FF you will find little to no record of performance of commercial member's products. Despite this it is obvious many unsuspecting "traders" are making purchases from these members as the commercial section is flourishing. It's interesting that the vast majority of systems at FF on any forum section are not profitable but the members in commercial section are profitable. Not from their systems but from the fees they collect from "traders" joining their website to get access to the "real" trading method. Or just from outright purchases of unproven systems.

For me it is really very clear and simple. Do not purchase any investment product without a record of proven performance. If you do you are not speculating but gambling. Perhaps gambling is even being generous. Throwing your money in the trash is more accurate.

Not necessarily in defense of commercial members but why would some be upset by them? Did they buy a system and were unable to make it work?

Finally commercial members selling products without some sort of record of performance are really just asking to be taken to task. If you are unwilling to provide some sort of documentation either in the form of live trades posted on your thread or linking to a verification service of some sort then you really deserve all the criticism you get.

WR, thanks for your comments.

Unlike some people who can only label others scamming but give no strong argument or any proofs, you provided sound rationales to back up your statement. I appreciate your civilized discussion. I understand your points fully. You want assurances before purchasing any systems or services from FF commercial members. It's fair to ask what you mentioned.

The example of buying stocks may not be appropriate. Because stocks are assets not a trading tools. The value of a stock is based on the performance of the company and the market conditions. Buying or subscribing to a system or service is another story. The success of using a system is hinged on the system design and how users use it. I would think using cars buying or leasing makes more sense.

Also, a designer of a racing car usually is not the driver who races the car at high speed. This is not an issue to 99 out of 100 people at all.
Now, most traders ask the system owners to prove that their performances are up to the potential buyers' expectations. Would you think this is reasonable?
An architect can design a nice high-rise building even if he has acrophobia. Can his client ask him to stand on the top of a high-rise building before the design agreement can be signed by the client?

Most FX traders cannot distinguish such a subtle difference. The owner of a good working system may not be a good trader. In case he is a good trader as well then good for him. The ownership of a system is not equivalent to an excellent FX trading capacity.

My DBX is a working trading system. I offer two-week free trial of DBX to potential clients to test it. If they like it, the leasing fee is only $69 per year. If not, there is no obligation at all. To demonstrate how to use DBX, I set up TE with a demo account. So far the performance is not bad. Will my clients make the same pips I made. May be or may not be because trading involves the fear and the greed. Overcoming emotional stresses is beyond my system's capacity.

Like car buying or leasing, I offer "demo cars' for potential clients to test. After they lease the system, I provide online support at DBX thread or via emails.
There is no scamming or deceiving at all.

Now those FX Terrorists ask me to set up real account to meet their unspecified expectations. Currently only 9 out of 4,229 commercial threads have set up TE. All of them use demo accounts including my DBX thread. Those FXT have no problem with those commercial threads without TE setup. One of them even praised Claudia 1 for not setting up TE. What a double standard is this?

Nobody should think like a frog in a dry well. Think beyond the well to see a world beyond one's own mindset.

Some people are very good in coding MT4 EA or indicators to make good systems.
Are they all good FX traders? Ask yourself this question a few times then you may have a balanced answer.

When a system is offered at FF commercial section, it does not mean it is a working system let alone the system is good or bad.
Now the issue is most traders link the system quality to system owner's trading performances.
Is this link making any sense at all?
Next issue, why must TE be linked to a live account not a demo?
Is it true that trading on a demo has a better performance than trading on a live account?
I really don't think so. Usually it's the opposite.

A buddy of FXT posted a message at HALL of SHAME thread that demo trading means nothing at all.
I made 1,000 pips last Friday but he thought it's useless.
When asking him to make 1,000 pis in one day on a demo, he did not want to.
Why? Because he knew he wouldn't be able to make it in one day or in one week or in one month.....or even in one year.
Easier said than done.

BTW, HALL of SHAME thread is the biggest HALL of SHAME in FF IMO.

When no new FXT are reported, it does not mean that they are not destructing the FX community.
Any FXT reports with proofs are welcome and I will update the list as needed.

The Forex Terrorists -Shame on them!

http://www.forexfactory.com/attachme...1&d=1417297017

I will post FX Terrorists with their no-proof attacking messages. This list will continue to grow.

Indrek
Quoting Indrek (http://www.forexfactory.com/showthread.php?p=7907892#post7907892)
Ignored
Very inadequate comparison. But I will not continue this discussion any more. Good luck in scamming, I will stick to trading

swingtrade65
Quoting swingtrade65 (http://www.forexfactory.com/showthread.php?p=7906837#post7906837)
Ignored
Do you actually believe this or do you just make this shit up as you go along ? Have you ever even heard of a correlation matrix..... Let alone looked at one .... Correlation between these pairs is 9% over the last 52 weeks.... Furthermore, they have been negatively correlated over the last 50 days at a rate of -70%...... Snake oil sales at its finest here folks

Unabletrader
Quoting Unabletrader (http://www.forexfactory.com/showthread.php?p=7907833#post7907833)
Ignored
The probleme here is we suspect people to be scammers because they don't show any TE. If a commercial member is a professionnal and honest businessman he'll show sth AS SOON AS he want to sell sth. Consequently, this thread could only deal with scammers because if you're not a scammer, you just shut your mouth and you show a proven track record. On the other hand commercial members would show a proven track record wouldn't be attacked because numbers don't lie (less than words at least).

swingtrade65
Quoting swingtrade65 (http://www.forexfactory.com/showthread.php?p=7906975#post7906975)
Ignored
I would like to add daddybear snake oil sales to this thread...., when called out he asks me to see a TE.... So I show him my real money TE with a 96% return and he blocks me and starts asking to see it like I am hiding it..... All this from a snake oil salesman with a BS demo TE and website selling a system of kindergarten crayon lines.

FXT Hideout
Hall of Shame

There is a hot debate going on at the biggest Hall of Shame now.

A commercial member http://assets.forexfactory.net/nfs/c...r184259_10.gif is trying to defend his case but hit by some FXT.
In that biggest Hall of Shame, what can that poor C member do about his case?
Just post the Forex Terrorists with proofs here.
This is a fair and balanced thread for C members.

When C members do not stand up to defend themselves, they are going to get hit very hard.

Defending at that biggest Hall of Shame is a waste of time.
Launching a counterattack at this thread is the best defense.

I made the same mistake by entering that FXT hideout to defend myself last week.
No justice exists in that biggest Hall of Shame.
That C member http://assets.forexfactory.net/nfs/c...r184259_10.gif went to a wrong place for his case.

The problem is that http://assets.forexfactory.net/nfs/c...ar113542_2.gif x4 is too weak to deal with those FXT who provided no proofs at all.

I started this thread to defend myself and to offer a levered ground for c members defending themselves.

http://assets.forexfactory.net/nfs/c...r184259_10.gif should come over here and posts his case with proofs instead of going to that FXT hideout to be slaughtered so bad.

Over there, nobody would come to rescue a C member who is trying to defend himself.
But not here. I have a list of those FX Terrorists with proofs.

Now, http://assets.forexfactory.net/nfs/c...r184259_10.gif left that FXT hideout and left more questions about his system and business.
He got nothing from his defense at all.

I would fight back very hard with solid proofs at this thread.

http://assets.forexfactory.net/nfs/c...r184259_10.gif, please come to this thread to present your case.
Let this thread be the court house to try those FX Terrorists and their sponsors!

My experience obtained last week at the biggest Hall of Shame is that no justice over there at all.
http://assets.forexfactory.net/nfs/c...ar113542_2.gif is a sponsor of those FXT. Although he mentioned that hard proofs are required to call someone scammer but he had no intention to enforce his rule at all. He blocked me from posting my defense right after I expressed my concern about his weakness.