Exactly, I agree
I think the credibility issue here is very, very simple. It's not technical or complicated.
This forum is similar to the ebay feedback system, if a person gets scammed here there will be bad press on the scammer immediately if not sooner for everyone to see. It's the only recourse the scammed will have, and i can assure you they will use it. So far we have no negative posts from his customers, only positive.

I follow this thread for a while and wondering many things.

If this is a scam, it must be a very advanced scammer. I don't want to think it's a scam. Just want to show what I am wondering:

We all know we should not release our password to any one, even to the service provider. Does professional people ever ask for password?

Create a website is very easy so clients can compare their results with the website. Why a great trading team does not have a website?

Making 200 pips in one week is not easy. It seams so easy for the trader. It can be a lot of money for the trading team by just showing few banks what they can do (it seams that the trader is from a bank and should have some connections with banks). Why he dose not go for the big money, instead, coming here for smaller traders?

Why nobody show a statement with trade details so other investors can compare their results?

If this is a scam and hedging 50/50. There must be 50% winners and 50% lossers. why nobody complain about losing? Is it possible that the trader pays these lossers so they can not tell here? (trader did say he will pay if loose.)

I really hope it's not a scam and get some responses from other people.

Hi,
I see some personal attacks from you on Aleccoh. As a public forum, you have the right to express your opinion, but to have any validity on what you are saying, you must restrain from using foul language. Aleccoh producing results is a very clear fact. To do what you are saying, you must control both ends of the trade which only a market maker can do. On top of it, it is traded on IBFX. I dont think you can manipulate IBFX. To disprove any fact, you must come up with a stronger fact to override the belief (remember earth is flat?). As of right now, Al is up 1st round. You dont win by throwing below the belt punches. You win by punching at the right places and must be a better punch. Lets hear it and be decent and clear with that you have to say. Dont get angry, get even. If you dont have anything factual to say, just keep quiet and leave us alone!

Thanks

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.

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

if Simba said what he said that’s because he is trying to protect the interest of the traders in forex-tsd.com.
I don't think he is jealous; he is a very active member who always tries to help other traders.

I hope aleccoh continue success in his work and prove that what said was wrong

However, till now we have seen so many traders thanking aleccoh for trading their accounts and for the first free 200 pips which is really great, but none of those traders posted his statement as a defense for the man who did 200 pips for them for free, I would do that if I had my account traded with aleccoh at least for those who got 2000$ for free last week? That would be the least thing to do as a thank you for aleccoh !!

__________________

Thank you Simba for yesterday , you made my night

It was my Tour of duty on the screens and the Asian session was so DULL , so you really made my night , remembered highschool.

Now Seriously

Listen little simba , alecco is my real name and i wouldn't use it if i am scamming anyone

I personaly contacted many people here on this forum by phone and been trading very old member's accounts since before you learned ASK from BID

For your Ufo theory to succeed i must own and control IBFX CROWNFX FXDD LITEFX SBFX in order to erase loosing orders from there servers

Go and play with your toys and let the Traders do there work

This is the last time i will answer you or any other idiot that talks nonsense on this thread , (Davidke20 is right) and i will appreciate all traders to not bother answer such idiots or defend me

For those of you who did defend me , i am very touched by the gesture , thank you

Good day

Mate, I guess I'm going to charge you loyalty fee on that quote...

Regards

David

Alecco,

You are resorting to foul language again..therapy,which you are so kind to,didn`t work this time..?Your mouth is in gear but your brain is in neutral?

1-No one defended you,since nobody posted a complete attachment of trades showing your profit and the evolution of every single trade you used to generate that profit,and I am referring specifically to the opening and closing of both sides of the hedge..This is extremely suspicious by itself,since,as several members pointed out,it would be the least you could expect from the masses of people that have been favored by your "magic allocation"

2-the fact that several people with 1 to 5 posts in this forum,most of them in your thread,tried to support you with vague and non specific statements doesn`t mean anything,since this is the usual pattern you can see in all commercial sections of Forums when a scammer is finger pointed to by a long term member..which,jointly with my previous point makes you even more suspicious

3-The fact that you imply first, that you can make 200 pips per week with a certain ease and,second,that you work for a bank should make everybody with a working brain wonder why you need to prey on Forums looking for financial means to apply your marvellous science to,since it is obvious that even the dumbest bank CEO will be glad to fund you and even provide you with your own trading department and related perks to retain your extraordinary capabilities and profit from them

4-Alecco,regarding your "little simba".."idiots",etc..have you ever thought that your statements might perhaps show an arrested intellectual development?You have set very low personal standards..and consistently failed to achieve them..keep up with your delusions of adequacy,and try to post some fact,ie several statements showing proof of your claims,for a change

Enjoy your next tour of duty

Simba

I am quite new to this forum and quite new to forex, so definitely I am not taking sides, and definitely I am not able to tell is there any "tricks" in the trading done.

Regarding posting of statement, I thought someone said that aleccoh does not allow us to post details of the trades, I think if aleccoh gives his agreement then there will be people posting statements.

What I can say is that I am happy to see my account growing with more and more winning trades. It looks good. The profit gained however is very small.

At this point, the only concern I have is that aleccoh is aiming to gain only
200 pips = $2 profit
(0.01 lot of a mini lot = $0.01 per pip)

Now I don't know much details about forex, I'm not sure if such a small $2 profit is enough indication of good profit when we go for the actual managed account. Perhaps the other participants could give their comments.

You will notice that on our second testing tour we are faced with a high striking news wich is the NFP , and for obvious security reasons i would try to stop all trading during that period for all accounts unless there are floating positions.

For those of you who will notice that the EUR/USD positions is not trading , its perfectly normal since i'd rather pass a good deal then make a bad deal

I advise you not to trade on news due to Spread widening and Server Freeze problems.

Concerning the info concerning the NFP outcome for those of you who are stubborn enough to trade it , the results are so far (unless a reestimate at the last minute) against the dollar so be carefull for those of you who are in a short GBP or EURO positions

Good Day