Colibri
07 Mar 2021, 19:51

RE: RE: RE:

quantumtrading said:

Leloup said:

adriankosyra said:

I noticed a huge correlation in the Relax and Crazy trading systems. Urai blew up the accounts when the EURUSD rate fell by just 1%, which is completely crazy with such a leverage. The Crazy strategy from "aliza" uses the same trading method, only it has a little less leverage, so that's why it survived the downward trend on the EURUSD rate. But be careful with his system!

Trading with leverage over 20 or 30 is either a joke or a scam.
Even at this level, it is an extremely dangerous game. And since the copied "trader" has an amount
derisory on his account, he does not master the psychological dimension of trading which is essential.
If his own money is not at risk with each transaction, be sure your mentor will do anything.
the ruin of those who copy is only a matter of days. Choose regular traders who have ROIs
 reasonable and who invest their own money in their account. This is the only chance to succeed in this path.

 Leloup

Absolutely do not agree on consideration about leverage, if you use proper sizing the leverage can still be much higher than 30.

The problem is when you open 27 positions using a martingale system, if you have leverage 30 you can still blow up accounts.

------------

I agree about martingale in the strict sense: doubling on each losing position. But martingale is not pyramidage. It would be a shame not to increase the exposure of a winning position with a trailing stop for each position.

Colibri
06 Mar 2021, 18:41

RE: RE: RE:

theFXlonglunch said:

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.

URAI was not a trader, but a gambler ! 

. And one of the worst kind since he didn't bet his money but that of others !

How many bankruptcies of these ridiculously high ROI fake traders will it take for people to understand ?

Yes, you can make 10,000% by turning $ 10 into $ 1,000 in one month. But making 10,000% by turning $ 1000 into $ 101,000 is not quite the same ...!!!

Do you know only one person able to do this on Ctrader? 

   Leloup

Colibri
06 Mar 2021, 18:30

RE:

adriankosyra said:

I noticed a huge correlation in the Relax and Crazy trading systems. Urai blew up the accounts when the EURUSD rate fell by just 1%, which is completely crazy with such a leverage. The Crazy strategy from "aliza" uses the same trading method, only it has a little less leverage, so that's why it survived the downward trend on the EURUSD rate. But be careful with his system!

Trading with leverage over 20 or 30 is either a joke or a scam.
Even at this level, it is an extremely dangerous game. And since the copied "trader" has an amount
derisory on his account, he does not master the psychological dimension of trading which is essential.
If his own money is not at risk with each transaction, be sure your mentor will do anything.
the ruin of those who copy is only a matter of days. Choose regular traders who have ROIs
 reasonable and who invest their own money in their account. This is the only chance to succeed in this path.

 Leloup