Shy bos, me small fish. Which performance indicator you want to see / gauge?

Hmmm Any myfxbook performance will do. May be the one you said you did over thousand dollar withdrawal weekly.

The positives are credit from broker and negatives I spend a bit la. 14th May withdrawal not credited yet, and 17th may withdrawal already requested.

This post has been edited by waghyu: May 16 2021, 03:53 AM

Hi waghyu,

Withdrawal cant prove anything. I think many here would like to see your outstanding performance. Like how long have you been trading the account, which broker are you trading with and how much you generated every month. Come on.

True, maybe I just get lucky. Can’t be trusted eventhough free money free flowing.

You are just pulling people's legs. Not even the best and richest traders in the world bragged about easy and risk free money from Forex. And here we have a trading GOD suddenly appears on Lowyat forum. LOL...

Hi DrFX,

Honestly im quite new in FX and im not professional trader. Im more like part time self trade but more into using mam or copytrade service provided by brokers.

The myfxbook u shared i think its belong to individual entity and has nothing to do with the broker ? i do a dive dig into this fin 888, they created a robot and run on a broker platform , not sure they are scam or not. this is about them https://www.youtube.com/watch?v=T0PyOGp6448

they are not regulated ? Samtrade FX is incorporated in Saint Vincent and the Grenadines under registered number 25290 IBC 2019, an appointed representative registered with the FCA, with FSR Number 929921, and registered and regulated by FINTRAC under MSB M19977589

Can please point out which part is scam ?

Thanks

Wow i have a account with them for sometime and didnt know they are bad ? how bad is bad may i ask ?

Mr terry seems everyone others than yours is bad i assume ? its either scam or bad mind to tell which is good ?

The performance chart at the bottom is after performance fees ?

All vesbolt run on robot ?

After so many post of saying they are scam finally dig out some news, these are not paid write up i think ?

https://www.bloomberg.com/press-releases/20...wolverhampton-w

The fxbook belongs to a trader that provide copytrade service for investor , it is not samtrade. we need to use common sense i think

In malaysia stock exchange broker like cimb hlb maybank provide a platform, many sifu recommend which stockbroking firm to register and subscribe for thier buy sell call causing people to lose money but that does not make the broker a scammer , the scammers is those that give buy sell call, Correct ? If u are in stock market u get buy sell call also from thier fund manager report or daily potential stocks and most of the time it did not happen does this make them a scammer or cheater ?

U can put a red flag on a broker for some reason but not scammer, havent scam u already accuse they are scammers. u not worry of the company drag u to court ?

This post has been edited by natman: May 16 2021, 08:52 AM

I am quite new in FX and seek for u guys input..

If the MT4 trades can be fake, does this meaning to say that most of the FOREX companies are actually high risks?

As each of the broker MT4 could be different from each other..

This post has been edited by smartinvestor01: May 16 2021, 09:01 AM

Yes true, just need few k USD for food monthly. Holy grail cash cow is for real. You never seen one you doesnt mean it does not exist.

Each broker run own MT4 / MT5 servers where the define all pricing parameters. No scam, just most traders not lucky enough. Try and work on is, money is there and withdraw your profits.

This phrase reminded me of an almost same sales pitch of a money game scheme told by my relative few years ago...
Not to say yours are,.....

No, I’m running any sales pitch here. But forex is money game, buy and sell and make money, game rule are simple and money are free from market. As long can win and withdraw back to Malaysia bank account, happy.

Yeah,.. I liked the word, "if you can win and withdraw back.....
Even though it is free money... Not sure how you definite free money...
Anyone can just take without risk,
Can take at anytime?, how long can that free money be available for the taking?
As you mention, forex is money game.
.... Sort of like a musical chair games where in the end only got 1 winner?

Not mean to say forex as a whole is a scam... But More to some of it's intermediaries... Like some forex companies.

This post has been edited by yklooi: May 16 2021, 10:50 AM

You like easy money or not? Like small/huge capital and keep getting gain from it?

The game is press buy or sell button, enter and exit. Most trader fail on this 3 elements, decision + entry + exit.

Money is free, due to the of easiness to profit from it, and to loss from it as well I dont deny this, I gain from other people losses in open trade markets.

Forex market is huge river, just need to grab few buckets for my own personal interest. Make money, withdraw and repeat.

Life is a gamble, and risk are necessary. Just have to manage this, and ensure consistent profits.

Bottom line I like money from forex, and I hope you will do well as well in your trading / investments endevours.

Yes... That is a fair acessment.... Which I think can be summarized as...
Money is there... Just like stock mkt
There is risk... Just like stock mkt
There can be gains... Just like stock mkt
There can be losses too... Just like stock mkt
Forex is like gambling,.. Just like stock mkt

But some forex trading companies are scam.... Not sure are there any local stock trading companies are scam?

Hahaha, bursa high risk, possibly easily manipulated. I have no luck there unless trading with investor mindset.