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  • #561
  • Sep 23, 2019 2:47pm Sep 23, 2019 2:47pm
Quoting MXT
{quote} the TE seems legit , he traded with big risk and big lots the broker 's poor reputation does not not mean some traders can 't be an exception and make money , that said we should ask him whether he withdrew any of that money
Yeah I know that brokers poor reputation doesn't necessary mean the TE is fake but someone mentioned fake TEs possible...
But regarding your withdrawal point.. If TE is shown correctly, it doesn't seem he made any withdrawals at this TE!
Can you afford to take that chance?
  • #562
  • Sep 23, 2019 2:53pm Sep 23, 2019 2:53pm
A bunch of red flags, imo:

1) No posts on FF - literally zero
2) Profile pic shows the guy is at FX Expo - do you know any pro traders that visit FX Expos? Really?
3) A pro trader trusts his money with a scam broker
4) Located/trading from Cyprus - known location that hosts a bunch of scam brokers, con artists, etc etc
5) No withdrawals. Really? Made 100K (supposedly) and didn't even draw out his initial investment?

Something is dodgy in here. just my 2 cents anyway.
  • #563
  • Sep 23, 2019 2:54pm Sep 23, 2019 2:54pm
Quoting auricforecas
{quote} Yeah I know that brokers poor reputation doesn't necessary mean the TE is fake but someone mentioned fake TEs possible... But regarding your withdrawal point.. If TE is shown correctly, it doesn't seem he made any withdrawals at this TE!
it does not look fake to me , and he does not look like to have made any withdrawals either
  • #564
  • Sep 23, 2019 2:56pm Sep 23, 2019 2:56pm
For me success Trading forex, means I have traded at a profit for the previous 12 month, also my current YTD numbers are in line with my Goal.

Success for me is making my daily goal work consistently and achieving my monthly goal or close to it every month. This gives me a positive YTD number.
  • #565
  • Sep 23, 2019 3:03pm Sep 23, 2019 3:03pm
Quoting asgcorp
A bunch of red flags, imo: 1) No posts on FF - literally zero 2) Profile pic shows the guy is at FX Expo - do you know any pro traders that visit FX Expos? Really? 3) A pro trader trusts his money with a scam broker 4) Located/trading from Cyprus - known location that hosts a bunch of scam brokers, con artists, etc etc 5) No withdrawals. Really? Made 100K (supposedly) and didn't even draw out his initial investment? Something is dodgy in here. just my 2 cents anyway.
Good points but the guy seems to have a website https://www.fxhunterwealth.com/blog/ and (linked) youtube channel https://www.youtube.com/channel/UC5B...DebFn0Q6hem7VQ so it would seem logical to leave as much (balance) as possible, so to attract more people..
Btw if one withdraws an re-deposits the same amount, the stat gets screwed (at least here on FF, profits are divided to all-deposits; transfers are treated as deposits).. Happened to me...

Also, good/funny point or conclusion about EXPO It reminds me on some marketing cases when they explained that many real "target" audiences are completely opposite of what the official target audience.. For example... things (published) as "for millionaire" or "for billionaires" or even "for financial people" are for wannabes mostly or for broke people pretending to be rich

Ok anyway, do not know what to conclude but I would sure as hell pull out that amount of money from the shady broker asap Unless he is (expecting to) make/ing much more money somewhere/how else...
Can you afford to take that chance?
  • #566
  • Sep 23, 2019 3:07pm Sep 23, 2019 3:07pm
and there you have it. From his website (HunterWealth whatever).
Would you be selling trading signals, if you are netting 100K+ a year?

Aye guys, case closed now!
Attached Image (click to enlarge)
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  • #567
  • Sep 23, 2019 3:11pm Sep 23, 2019 3:11pm
Quoting asgcorp
and there you have it. From his website (HunterWealth whatever). Would you be selling trading signals, if you are netting 100K+ a year? Aye guys, case closed now! {image}
Heh I agree, that would be one of the biggest flag to me.. But still not sure...
The only (logical) reason people would be selling this, in situation like this, is to either have a back-up in case the profitability stops or some additional money...
200USD/month is not that little, imagine if you can get 1000 people, specially et EXPO... I wonder how many he could get there.. Putting on a suit, having some nice hostesses... Showing 5k->100k+... I imagine many would go nuts Like this:
Attached Image


But to sum up, it got my attention with the stat, but now that I see the website and all, am a little less enthusiastic... Shady broker does not help...
But still not sure what to think of it, honestly.. Still seem anything possible atm.
Can you afford to take that chance?
  • #568
  • Sep 23, 2019 3:17pm Sep 23, 2019 3:17pm
granted , on that website he looks like an online marketer , but that picture is not from a trading expo , that picture is from a real trading floor

if he made 100 K on that account in 1 yr , it doesn ' t mean he will always make 100 K

if you check his other account , he 's down 40 % there
  • #569
  • Sep 23, 2019 4:05pm Sep 23, 2019 4:05pm
Quoting auricforecas
{quote} Heh I agree, that would be one of the biggest flag to me.. But still not sure... The only (logical) reason people would be selling this, in situation like this, is to either have a back-up in case the profitability stops or some additional money... 200USD/month is not that little, imagine if you can get 1000 people, specially et EXPO... I wonder how many he could get there.. Putting on a suit, having some nice hostesses... Showing 5k->100k+... I imagine many would go nuts Like this: {image} But to sum up, it got my attention with...
200 USD a month for "trade signals" sounds like a snip. With a 5k account you are only risking 4% of the account balance each month. It's only just under 50% per year but the account definitely rises in perpetuity so that's a bargain. I'll maybe get a bloomberg terminal installed in the house too. Matter of time before I'm rinsing that shady broker dry and running my own signal service.

Fingers crossed. Head in noose.
Hypocrite lecteur, mon semblable, mon frere!
  • #570
  • Sep 23, 2019 4:14pm Sep 23, 2019 4:14pm
the lot sizes on that TE don 't look quite right , but maybe i ' m wrong

with a lot size of 0.0015 he made $ 17 , 131 , but maybe the TE reads the format in the wrong way
  • #571
  • Sep 24, 2019 1:11am Sep 24, 2019 1:11am
Quoting auricforecas
Well since thread title is somewhat provocative, I do not mind for some drama in it also I just like the spices you people bring... When people start to argue you can see their character quickly Keep up the good work... https://giphy.com/gifs/mrw-post-something-gYIvV2rlFpwzu Good entertainment... {image} But back on topic.. I have seen one guy that seems interesting to me.. What do you think? He seemed to made 100k+ out of 5k deposit. And climbing! https://www.forexfactory.com/daperk#acct.06 I mean this is the...
The performance is real, but he uses some kind of martingale, just look at the trade list...
  • #572
  • Sep 24, 2019 1:15am Sep 24, 2019 1:15am
Quoting Rennaissance
I don't know your experience, but successful traders are very hard to find. A lot of guys who seem successful will fail over the long because they use negatively skewed strategies. What's your experience guys?
Hi, i just want to ask you, what do you want to do with that trader when you find it?
  • #573
  • Sep 24, 2019 1:23am Sep 24, 2019 1:23am
This guy made 70000% or something like that lol

https://www.forexfactory.com/showthr...1#post11882251

and he's just 23 years old.

HOPEFULLY he made a withdrawal.
  • #574
  • Sep 24, 2019 2:28am Sep 24, 2019 2:28am
Quoting HeyYou
This guy made 70000% or something like that lol https://www.forexfactory.com/showthr...1#post11882251 and he's just 23 years old. HOPEFULLY he made a withdrawal.
Saw that guy briefly open a TE about a week or two ago.

Something like 3000% on a week old account
  • #575
  • Sep 24, 2019 2:38am Sep 24, 2019 2:38am
Quoting HeyYou
This guy made 70000% or something like that lol...
Quoting HeyYou
{quote} If you can manage to make 10% over a year period, which is the average return of the SP500, you have all my respect.
Maadik Hugiis. IQ 69.
  • #576
  • Sep 24, 2019 2:43am Sep 24, 2019 2:43am
Quoting MoneyZilla
{quote} {quote}
10%/year consistently !

apparently is very hard to just buy and hold the SP500
  • #577
  • Sep 24, 2019 2:50am Sep 24, 2019 2:50am
Hey all, WTF, just take a look at this TE, what's the trick here, guys ?
I mean this gurangax guy proved he could made over 2M%... it was his TE on FF, apparently no BS!
Ok, that stinks like martingale lucky robot, ...plus maybe broker accomplice...
What you think guys? How can we fkn explain this, because it can't be for real !
Attached Image
Member
  • #578
  • Sep 24, 2019 2:52am Sep 24, 2019 2:52am
Quoting TudorIoan
Hey all, WTF, just take a look at this TE, what's the trick here, guys ? I mean this gurangax guy proved he could made over 2M%... it was his TE on FF, apparently no BS! Ok, that stinks like martingale lucky robot, ...plus maybe broker accomplice... What you think guys? How can we fkn explain this, because it can't be for real ! {image}
Crooked broker. Same as IronFX TE. I figure this guy actually works/used to work for IronFX, but that's my take anyway.
  • #579
  • Sep 24, 2019 2:52am Sep 24, 2019 2:52am
Quoting asgcorp
{quote} Crooked broker. Same as IronFX TE. I figure this guy actually works/used to work for IronFX, but that's my take anyway.
Yeap, I thought so, most probabily broker sort of scam...
Member
  • #580
  • Sep 24, 2019 3:13am Sep 24, 2019 3:13am
Quoting HeyYou
{quote} 10%/year consistently ! apparently is very hard to just buy and hold the SP500
No, it is not hard. I will show you in 2020 s&p trend. 20% of all batches are making it from 30:1 to nearly 100:1 in return. 20% got flushed away (100% loss on each of these losing batches), the rest 60% of the batches do survive, too, but deliver not so impressive returns...

on a 3k pips delta, 26k (52 weeks) are making it to anything in between 300k and 500k. Whatever the heart can handle. In 2020 i will probably close it all at 250k or around...
Maadik Hugiis. IQ 69.
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