Stay away from those wannabe traders!!!
Lost so much money with those scammers!
The signals are bad, and hard to follow. Adding layers to losing trades, and when it hits stoploss he will say "Small loss, use risk management". If you didn't profit because you didn't layer, he will say "Use layering and full martingale and you will have profit". If he losses (Which he often does), he will increase his own lot size a lot, which can gain him a quick recovery. He is talking a lot about risk management, but he down own it himself.
I bought the first Expert Advisor from him. It was profitable for a couple of weeks, until it blew my account. Then a new bot was launched, which quickly breached another, he said just said "Get latest settings", so i got some other settings which also blew up my account. "Get latest settings", was all the he could say. That was 2000$ loss.
He also had a PUPrime copytrading profile, which i followed. He seemed to be profitable (I guess his account is a fake "live account", sponsored by his brokers) But he blew this account also. What does this say about his own risk management? That was 1000$ again
He blew up an entire "Dubai setup", where he should double your account in a given time.
He was also kicked out off "PAMM setup" due to losses and poor risk management.
And still - All they care about is you to have money on your account so they can earn from it.
It all seemed promising in the start. A nice commercial about them being just normal people, riding their bicycles to work and having a good hit rate. That was what caught me back in time. Now they're just some wannabe traders in Dubai, making their money from their customers deposits.
Believe me - Stay away from those scammers - They don't care about you at all, all they care about is you depositing a lot of money to the account so they can benefit on it.
29 May 2024
Unprompted review