"there is a sucker born every minute" and the sad truth is nobody can do anything much about it. this is the rule of life.
As Above, So Below
- #1,041
- Dec 7, 2014 8:52pm Dec 7, 2014 8:52pm
- Joined Oct 2011 | Status: quo | 4,193 Posts
As Above, So Below
- #1,042
- Dec 8, 2014 5:12am Dec 8, 2014 5:12am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
{quote} YES!! A TE, or Myfxbook history can be faked if you own a white label brokerage. 1:42 in to this video. https://www.youtube.com/watch?v=XQTx1DYSy8Q Ok, $5k can be a large outlay for the white label privilege ...but, in the hypothetical case of Eitan, he earned nearly $20k from his subscribers.... If it were me, I would invest the $5k in order to make more from those willing enough to pay for my "system." As for Him, I'm still not sure if he is scamming in the true sense. But at the very least he is dishonest. His commercial intentions...
Every week " updating " was the solution for excuses.
I watched the thread from the sideline a few weeeks in the beginning .. but until today I miss a profitable result .
All I saw was in the beginning some really good profites by his explorer ..
But a view on the closed trades showed , he covers losses with a larger positionsize in the next trades.. , after some weeks " rollercoaster" he deleted it .
And I haven t seen any stable results .
In the end of the day, week or month inn trading it´s only important green pips or red .. and martingale
.. ,yes martingale will not be the answer for a long account living .
It´s only the answer to a quick account blown off.
I´m sure during the next weeks or months , there will be many people with quickly blown off accounts who asks ; what should I do now ..
But I know .. Eitan has another totally holy holy system answer, may be with a new nick ??
happened this before ?? I´m not sure , but what is your suggestion about this nick ?? :: http://www.forexfactory.com/eitan
Keep on running traders , and I mean really traders.
Guido
Risiko birgt immer auch die Chance.
- #1,043
- Dec 8, 2014 6:21am Dec 8, 2014 6:21am
{quote} Scam or not .. I haven ´t seen any stable working system of Eitan . Every week " updating " was the solution for excuses. I watched the thread from the sideline a few weeeks in the beginning .. but until today I miss a profitable result . All I saw was in the beginning some really good profites by his explorer .. But a view on the closed trades showed , he covers losses with a larger positionsize in the next trades.. , after some weeks " rollercoaster" he deleted it . And I haven t seen any stable results .
After being given such a gift, the many members there have yet failed to have a consistently profitable application. Moreover, they are still tweaking bits here and there to get the BT results to be worthwhile.
Not surprising though. One look at a screenshot of the setup shows you why. But, for whatever reason, the "true believers" seem to think they've been given some sort of golden goose.
Yet 150 pages, and 3000+ posts in, he still has given nothing solid... http://www.forexfactory.com/showthre...00#post7777300
And to cap off the hypocrisy, how many times in that thread did the master criticize commercial members?!
Quoting eitan1010
another comericcial MF to ignore list check this post out http://www.forexfactory.com/showthre...701#post775170 1 feel free guys to answer him (if u want )
Here he incites the followers to go after commercial members..or competition I guess...yet was not so happy when it was reversed! And then:
http://www.forexfactory.com/showthre...76#post7780376
Yeah...just think of all those poor people paying for "bullshits!"And in the end of it all, as a final f#*k you to anyone who ever had sincere interest in the SMRI method...the master turns commercial, leaving the other poor suckers to fish in an empty pond.
Coincidentally, it was around this time that the other senior thread contributors seemed to drift away, some with really world changing things to take care of.....apparently.
This sort of thing pisses me off, and is why I believe the definition of scam in this business should extend to this type...confidence tricksters. It's a simple, yet repeating pattern.
Start a thread, have a system with enough flashy indis to make it look professional, but in reality it means there will never be any continually profitable application for them due to their very nature.
String people along, "helping" them, and modifying the system to fit the last losing trade.
Increase the interest and traffic on the thread until....bang "sorry my dear friends, I have given you all so much for free, but this one I cannot allow, so this is my remarkably generic fee, for which I will give you the only system you need to retire on."
The problem is, until forums change their policies regarding commercial members, this will continue. As you, and others have already said, most likely the gang is already back, lining up their next thread. If not already active on it.
The solution is simple...If you are commercial, selling even an indi...then show a practical application.
For system, a live TE of no less than 12 months. Major broker, no white label shit.
If it's an indi..prove it has a use in a specific manner...again, with live TE. There are enough dashboards and multimeter indis out there for free...no need to dupe new traders into a jazzy version of existing free indis.
If you are on these forums, promoting, or directly selling paid products...then either comply with the TE rules, or banned. Every time.
I won't hold my breath...but we can only hope.
I'm still waiting to see the official reasons for the last culling.
Wealth comes from what you keep, not what you earn
- #1,044
- Dec 8, 2014 11:19am Dec 8, 2014 11:19am
- Joined Jul 2011 | Status: Winning | 1,859 Posts
Please check out my blog at https://from-zero-to-hero . net
- #1,046
- Dec 8, 2014 12:13pm Dec 8, 2014 12:13pm
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Wow. I just noticed that Eitan was banned from the site. I am surprised to see this. Can somebody give me the lowdown of what happened?
There is a market full of customers that believe in non working , unproven and grid systems ..
I won´t stop them .. let them run .. , I don´t care .
I just say : New.. fancy.. secret systems need to get proven before they are worth it for buying!!
I know a german forum , where they tried to sell an EA for 5000Euro .. also unproven ..
....... what the f..k .. the world is crazy and here in FF are also very good traders who share their knowledge for free.
It depends on the type of humantype if you give money for flashy lights or make money with trading .
Some so , some so . I prefer the money making .
Guido
Risiko birgt immer auch die Chance.
- #1,047
- Dec 8, 2014 3:38pm Dec 8, 2014 3:38pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
MikiMax, i understand your point of view. Eitan simply chose to ignore you because you did not raise this issue in our skype group. by the way he published his trading result with this system and you can see the risk and reward ratio in his trading history looking at SL and his TP. So I have decided to end this matter Just PM me let us talk of how i will give you the ammount you paid him. I would rather do that than to see you here killing the reputation of my Mentor. Respect to Eitan, Long live Eitan.
- #1,048
- Dec 8, 2014 3:39pm Dec 8, 2014 3:39pm
- Joined Nov 2013 | Status: Trader | 1,391 Posts
SPC * Swollen PocketZ Crew!
- #1,049
- Dec 8, 2014 4:26pm Dec 8, 2014 4:26pm
- | Joined Oct 2008 | Status: Learning | 1,057 Posts
What you do is a reflection of you....what I do is a reflection of me.
- #1,051
- Dec 8, 2014 4:52pm Dec 8, 2014 4:52pm
- | Joined Oct 2008 | Status: Learning | 1,057 Posts
What you do is a reflection of you....what I do is a reflection of me.
- #1,057
- Dec 8, 2014 8:48pm Dec 8, 2014 8:48pm
- Joined Oct 2012 | Status: private | 2,606 Posts
just do it
