Quote:
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Originally Posted by SIMBA
As he states,he takes both sides of a trade,so he only has to allocate the winning side to some and the losing side to the others..he pockets the commission on the winnings,and obviously doesn`t pay a dime to the losers
Basically he is transferring money from some accounts to others,for a very hefty commission..to do so,first he must create believability..and he achieves this by the "first 200 pips on me....",obviously at a cost,since he has to absorb the losses that mirror his fake winnings..and this is the reason why he only does mini accounts..And why he needs to prey on Forums to gain new unsuspecting customers..and why he got so angry.. 
At a more advanced level you have to ask yourself to whose accounts he might want to transfer the wins(tip:friends,fake identities..his pockets) and to whose the losses..
Regards
Simba |
errmmm... I still dont get it. How is he going to allocate the winner to the client's account currently. All these days I've been trying to prove myself with low drawdown, try to eleminate the losser's to account the winner because I deal with martingale, therefor the drawdown seems not pretty beutiful when I print report 1 shot. I've been consulting with multiple MT4 brokers, and they said its not possible to take off those lossing trade from my statement and deduct from the winners. I red a lot of your post, basically I know you're a very cheerful and smart person. If you be so kind to explain more, I'll be very appreciate it. This is my thought according to what you explain to me, please correct me.
Account holder:
18000
18001
Transactions:
18000 account
buy 118.03
sell 118.00
18001 account - Manager's account
buy 118.04
sell 118.01
Close transactions:
18000
sell 118.57 +57pips
buy back 118.60 -60pips
18001 account - Manager's account
sell 118.58 +57pips
buy back 118.61 -60pips
After manipulation:
18000
sell 118.57 +57pips
sell 118.58 +57pips
total : +114pips for 2 transactions
18001 account - Manager's account
buy back 118.60 -60pips
buy back 118.61 -60pips
total : -120pips for 2 transactions
Is this what you mean? Because from my observation, there is a lot of overlapping profit on the positions on the statement he showed me. I thought it was progressive scale in and scale out based on high frequency hedging technique. According to my experience, banker's treasury department canot hedge, unless they hedge between client's account and the interbank market, they become the middle man, eg. Client sell EUR against USD, they'll have to buy back the EURO and release to the wholesale market, meanwhile they'll have to hedge a certain amount of dollar to protect their margin from being eat up by their clients. Again, no mean of any offence, and I dont have any financial education before, all my assumption is based on my previous experience, I could be wrong. Just wanto know more.
Quote:
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Originally Posted by aleccoh
LOL
Just Stress on the THERAPY
LOL
Bad Bad Loooooooooooooooooooser
aleccoh |
Mate, better dont do this. You're making yourself like a clown, you dont have to bother Simba if he is not saying the truth. People will see by themself. Anyway, I'm glad you can keep the performance. I seriously hope you're having your tremendous trading system to prove everybody is wrong, and help the less effective trading group of people (or my be some lazy mofo like me
)to make their fortune in forex, I wish you good luck. Godspeed.
Regards
David