theFXlonglunch
24 Mar 2021, 12:54

RE:

urai said:

This is not me, he is a scammer got my name

OldRelax is true

So you are the one that lost 10 million in 1 trade ?

theFXlonglunch
06 Mar 2021, 12:48

RE: RE:

bnlf said:

theFXlonglunch said:

Proof copy trader is a game of roulette at best.

 

The biggest guy with the biggest account blows his entire 11 million USD accounts in effectively 1 trade.

hahhaha what an idiot he is, he will be back i'm sure so watch out!!!

is he the idiot? he's rich by now and will come back to make another easy million. Just look at how many copy cats are there now with the name "relax" and you will find several people already copying these guys. He's the smart one, idiots are the followers. 

the biggest trader on copy trader with over 2 years of wins with massive returns blowing his account in one trade and a troll comes out from under his rock to call his followers the idiots, i suspect he is a trolling idiot himself.

theFXlonglunch
06 Mar 2021, 02:18 ( Updated at: 06 Mar 2021, 02:21 )

Proof copy trader is a game of roulette at best.

The biggest guy with the biggest account blows his entire 11 million USD accounts in effectively 1 trade.

hahhaha what an idiot he is, he will be back i'm sure so watch out!!!

theFXlonglunch
03 Dec 2020, 15:26

RE:

ace6670 said:

It's really frustrating because as a copier you sometimes putting in 1000s & the provider understandbly keeps a smaller balance but you take the biggest hit when it goes wrong(which I'm always prepared for)  whilst they may lose a few 100s after making 10,000s.

I lost 90% of my account in 5 minutes due to cServer stop out & had to manually stop copying otherwise I would have nothing at all left. What's strange is that their profile says they 'use very low risk-low return.', which until yesterday was somewhat accurate if you look at the trading history & I looked at their past ROI & position history which it all looked ok for the past few months.

Why they suddenly decided to be so overexposed boggles the mind as they had a pretty stable, profitable copier base & funds & they just now threw all that out the window though I can't say for what reason.

It's a shame because they were one of the very few stable strategy providers & now will be relegated to a 'stay away' list.

Sorry for all those like me who had so much blown away in so little time :(

Account totally blown, sad. But again, no one is to blame, just the silly people like you and me who invest in these people. 

theFXlonglunch
03 Dec 2020, 15:13

RE:

PanagiotisCharalampous said:

Dear theFXlonglunch,

We are platform providers and we provide a tool for people to offer strategies and investors to invest in them. We also provide you with all the information to make sensible decisions. It is not in our plans to apply any censorship on how does each strategy provider trade or who should each investor follow. Strategy providers and investors are solely responsible for their own decisions. If you need somebody else to be responsible for your own decisions, maybe this type of investment is not for you.

Having said that, you have still provided no evidence that the platform is flawed or manipulated in any way. If cannot understand that investing in an account which started with $4 and become $100 is a risky decision, then we cannot help you more than that. We provide you all the information and tools to make an informed decision.

Dear ctid2151927

The fact that you are not happy with the reply you got, it does not mean we did not reply.

Best Regards,

Panagiotis 

Join us on Telegram

Ok thank you very much for your reply. 

 

theFXlonglunch
03 Dec 2020, 13:15 ( Updated at: 03 Dec 2020, 13:16 )

RE:

PanagiotisCharalampous said:

Dear theFXlonglunch,

Yes it is. The formula for the ROI is documented and the strategy deals are publicly available. You can make the calculations yourself. If you think that the calculations are wrong, please provide the necessary evidence e.g. an Excel sheet that proves our calculations wrong.

Best Regards,

Panagiotis 

Join us on Telegram 

So you are happy with the way it is all going? Accounts blowing up all over the place with no responsibility for anyone? This is a brilliant product, but why would i invest again? I've had one account blown and another was in 50 per cent draw down before i closed it, and that's just in 2 days. These were 2 of the biggest accounts on your copytrader. 

I ask you a question, show me proof of someone that has made 7000% in a year let alone 4 days.

I feel this is a pointless exercise but you must have it all documented in an excel sheet?

theFXlonglunch
03 Dec 2020, 12:59

RE:

PanagiotisCharalampous said:

Dear theFXlonglunch,

Your accusations about cTrader Copy are very serious. Therefore, please provide evidence why cTrader Copy is flawed and manipulated else I will have to remove this discussion from the forum. Unjustified defaming is not tolerated in this forum.

Best Regards,

Panagiotis 

Join us on Telegram 

 

If ctrader would like to make this copytrader a serious place for traders it needs a complete overhaul, surely you can see this? 

I expect this post to be deleted, which is a shame. Maybe ctrader could look long term with the way it functions. At the moment you should have so many more people investing, trading and copying, but the reason you don't is because it is manipulated by the traders to trick people into thinking they will get amazing returns. Stable 1's account fell apart today. Another 500k of peoples money lost. 

theFXlonglunch
03 Dec 2020, 12:50

RE:

PanagiotisCharalampous said:

Dear theFXlonglunch,

Your accusations about cTrader Copy are very serious. Therefore, please provide evidence why cTrader Copy is flawed and manipulated else I will have to remove this discussion from the forum. Unjustified defaming is not tolerated in this forum.

Best Regards,

Panagiotis 

Join us on Telegram 

 

Hi,

If i click strategies, the first one on the list is called fish. It states it has made over 7000 % return since the 30th November. 

Do you feel this is an accurate representation ?

Mate, i want this concept to work as much as the next person, but the returns are totally misleading. Do you agree? 

Or should i expect a 7000% return on my funds in 4 days?

Kind Regards.

theFXlonglunch
03 Dec 2020, 10:58

It's a shame that a big company like ctrader can create such a flawed system and pump it out like a legitimate product. It is so open to manipulation you couldn't suggest it is legit. This is a flagship product they promote.

I'd love to know the percentage of copytrader accounts that have been blown. 

theFXlonglunch
02 Dec 2020, 02:10

RE:

PanagiotisCharalampous said:

Hi theFXlonglunch,

Thanks for your posting your feedback regarding the new release. It has been forwarded to the product team. Releasing the new version on Spotware Beta before releasing to brokers is what you are actually proposing, testing the new version with traders.

Best Regards,

Panagiotis 

Join us on Telegram

Hi, Thanks for your reply. 

Hopefully they at least change back to having the timeframe selector in each chart box, it just makes no sense at all the changes they have made and slows the process right down, which is meant to be the great thing about ctrader.

Thanks again, cheers.

theFXlonglunch
02 Dec 2020, 01:59

RE: RE: RE:

bnlf said:

vcfr99 said:

I have my equity stoploss set at 30% and yesterday was almost hit. Today same story again... I think he should really take a week off to cool his head. December is a very dangerous month to trade, I just wish he won't blow the account till tomorrow so I can stop copying until calmer waters..

 

theFXlonglunch said:

 

The real Relax who now trades with the account Relax1 is currently in a trade with a 15-20 per cent draw down. Thats 2 million dollars worth of followers cash in 20 per cent draw down! Man i thought this guy traded responsibly but clearly not. If it goes another 20 pips up for euro he is looking at a 1 million dollar loss!!!! Total craziness

 

My SL was 25% so I took the loss. Basically, I lost all the profit of several months. I will keep the balance to a minimum from now on since he changed his strategy to higher risk/reward ratio recently. I posted on another thread that this guy is the same guy who used to run a signal on Mt4 and then moved to a MAM. Fortunately, I was able to see the tragedy and stopped following him before that. He's an amazing EU trader with the highest returns you can find, but that comes with a price and last time he blew the account of thousands of ppl including his very large (€$2.5mi) one which he was running successfully for a couple of years. Now he's not even trading with his own money anymore, since he keeps the balance to $1k only, which makes me even more cautions. Just be careful when copying ppl. Don't put your savings money on this. You can see that none of these providers have a long history of trading on Ctrader. That is because every time they blew accounts, they just create a new signal. There are also many providers that are simply copying other providers like "Relax". 

Wow, good to know. This copy trader should come with a warning and an explanation, because the average person who is sucked in by the Forex trading 'easy money' con will lose a lot sadly. 

theFXlonglunch
02 Dec 2020, 01:31 ( Updated at: 02 Dec 2020, 01:33 )

RE: RE:

vcfr99 said:

I have my equity stoploss set at 30% and yesterday was almost hit. Today same story again... I think he should really take a week off to cool his head. December is a very dangerous month to trade, I just wish he won't blow the account till tomorrow so I can stop copying until calmer waters..

 

theFXlonglunch said:

 

The real Relax who now trades with the account Relax1 is currently in a trade with a 15-20 per cent draw down. Thats 2 million dollars worth of followers cash in 20 per cent draw down! Man i thought this guy traded responsibly but clearly not. If it goes another 20 pips up for euro he is looking at a 1 million dollar loss!!!! Total craziness

 

Yep, looks like he has loaded up again, i thought he had a proper system but clearly he  just tries to average down and down. It will eventually blow the account up when it doesn't retrace. Copy trader seems quite a dangerous thing to use. All the percentages are manipulated, you have someone trying to copy the Relax name which should be monitored and stopped. Fingers crossed it drops the 20 pips needed then we can jump out. Another one of the people i follow is also down 50 per cent over night. These are people with millions of dollars at stake! Craziness.

theFXlonglunch
30 Nov 2020, 13:32 ( Updated at: 30 Nov 2020, 13:33 )

RELAX having a bad day

The real Relax who now trades with the account Relax1 is currently in a trade with a 15-20 per cent draw down. Thats 2 million dollars worth of followers in 20 per cent draw down! Man i thought this guy traded responsibly but clearly not. If it goes another 20 pips up for euro he is looking at a 1 million dollar loss!!!! Total craziness