⭐ dukeaugustus Posted February 5, 2012 Report Share Posted February 5, 2012 This guy claims his system cannot lose, and will sell to only 10 people: http://www.youtube.c0m/watch?v=gB801EhazZg&feature=youtu.be He is the same guy from @siaForexMentor. Which generally has a positive rep. But I always worry when I hear the "not possible to lose" claim. Although I doubt we will ever see this one shared. But decided to post this here anyway, just for everyone's reference. Quote Link to comment Share on other sites More sharing options...
⭐ capsmart Posted February 5, 2012 Report Share Posted February 5, 2012 I posted under AFM as well. The first video had a terrible recording and he had to redo it. To "convince" his future members he includes a 3 day demo account with a 32% profit. I could easily open 10 demo accounts, trade insane amounts (like 14k on a 39k account as he did) and then select the winning one and pretend I am profitable. He did not spend the time for creating a proper video and a more convincing proof of his system. To follow him you will have to sign a non disclosure agreement and there is not such thing as a refund. alansim 1 Quote Link to comment Share on other sites More sharing options...
scratch Posted February 5, 2012 Report Share Posted February 5, 2012 Scam alert Quote Link to comment Share on other sites More sharing options...
Colt Posted February 5, 2012 Report Share Posted February 5, 2012 Yep, looks like a scam to me. Quote Link to comment Share on other sites More sharing options...
hankt80 Posted February 5, 2012 Report Share Posted February 5, 2012 100% scam, that dude says ''good traders make 1-5% per month'' LMAO maybe he makes that ;))) What a cheap arse scammer lol Stay away from that. Quote Link to comment Share on other sites More sharing options...
⭐ dukeaugustus Posted February 6, 2012 Author Report Share Posted February 6, 2012 Yeah, this does smell very fishy: Why use a demo account to prove his method? Why shows only 3 days? It will be far more convincing if he shows his live account, over a much longer period of trading. Also, if he is making +5% per day, over just a year or two, by compounding he must be multimillionaire by now. Then why sell to only 10 people for $8,777? That is only $87,770 total. Surely a tiny drop for a multimillionaire. For example, if his account is over $1.7 million dollars, then he can make more than $87,770 every "day" if he makes 5% or more per day (as he claims). And if he is sharing the method out of the goodness of his heart, then why stop at only 10 people? Why not share to more people at a more affordable price? Anyway, as I said in my first post, I doubt we will see this method shared. But it will be interesting to know what method he is trying to sell though. Quote Link to comment Share on other sites More sharing options...
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