Chance are hzha0067 (win by odds) is Urai and will get your money lost

Created at 12 Nov 2022, 15:39
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quantumtrading

Joined 29.12.2019

Chance are hzha0067 (win by odds) is Urai and will get your money lost
12 Nov 2022, 15:39


So, having harbored suspicions for a long time, this week another piece was placed to complete the puzzle: hzha0067, in fact, completely blew up one of his accounts "QQQ", sponsored as the x4 version of "win by odds", burning just like Urai hundreds of thousands of dollars in minutes.
The trading style adopted is the same simple style of Urai, a martingale on small retracements after a substantial upward or downward movement.

The martingale is evident by the way he increases the trading volume each time one of his trades goes against him in order to recover with the next one:

Last 10th of November he did not even have the courtesy not to trade during a deriming event like the US CPI which literally made the price of EUR / USD skyrocket by around 200 pips and shatter its martingale (together with his copied funds, your money) as always happens with this system sooner or later.

The large amount of funds deposited at the beginning by hzha0067 has always made me think that Urai, after a brief pause due to having burnt more than a million dollars in copied funds, has simply returned to the market under another name, with basically the same strategy with small corrections to mask it and with a large amount of funds (all previously earned with copy trading) to be put on the table in trust of its copiers.
However, even these large starting capitals he's using are not that much for someone who, thanks to the 30% commission, generates revenues well above his equity and who will never therefore have at heart the preservation of capital from risks (such as trading with a martingale during crucial economic events such as the US CPI).
Worst case scenario, he will burn a few million more and come back under a new name, a new martingale and other funds to use as a decoy.
Better safe than sorry.

 


@quantumtrading
Replies

hitcola
13 Nov 2022, 15:29

I was copying this QQQ account lost 50%

Do you have any idea how can QQQ lose while the min "win by odds" made profit? since QQQ is copying "win by odds"


@hitcola

quantumtrading
13 Nov 2022, 16:39

RE: I was copying this QQQ account lost 50%

hitcola said:

Do you have any idea how can QQQ lose while the min "win by odds" made profit? since QQQ is copying "win by odds"

He's using Duplikium and he's copying his master account on slaves.

The way you copy the trades, though, it's totally customisable, he can increase the volume (that's why it's supposed to be x4) and other parameters so that the final performance between the master and the slaves can consistently differ.

The main point is that he's using a martingale and sooner or later he's going to blow any account he has together with the ones that are following, just like it happened for "relax" by Urai and for "qqq" sake days ago.

It's just sad to see people burning money in such a senseless way, do yourself a favour, stop following and find an healthier way to make money.


@quantumtrading

PanagiotisChar
14 Nov 2022, 09:21

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@PanagiotisChar