I have a broker that shows me trades for the last 3 months and they claim they only loose 20% of the time and win 80% the profit are about 50% to 70% per month trading 3 times a week for about 15 minutes. Is the achievable ? i have some screen shots of trades or see below Buy/Sell price and dates
Euro/usd 1.17287 sell 1.7181 5th August
GBP/USD 1.31083 Buy 1.31186 7th August
NZD/USD 0.66013 BUY 0.66117 10TH August
Hi Sophie. I don’t understand the trades that you’ve listed. Please clarify.
Hi thank you for your reply.
These were trades done date and price that I was told to do but I am not sure if they are correct or if the are manipulated by broker who is unregulated
Yes, this is achievable. However, looking at the screen shot, it seems like they are scalping and risking about 10% per trade, judging from the loss trade and account balance. This is risky, even with an 80% win ratio, IMO.
Note that brokers are not interested in making you profit. They are in the business to take your money, not to make you money. To have your broker trade on your behalf represents a conflict of interest.
My suggestion to you is that you learn how to trade and achieve these results for yourself rather than putting your hard earned money on the line by having someone else trade it for you.
My worry is this is manipulated to look good and get more people to invest or me to invest more and then they go. Can you tell if the trades are true ? Or manipulated ?
It’s difficult to say. I could check their trades on my charts but even if that pans out there is no guarantee that this ledger has not been fabricated. In either case it is not in your interest to have a broker trade for you. Also, make sure that you engage with a regulated broker.
Did this person contact you via social chat? And show you photos of expensive lifestyle. Being from Hong Kong I think I smell a rat.
Hi
No it’s was through a friend who introduced me. I think they might be getting people to invest and make the profits look good them when a lot of people smell a rat or want money out they will vanish. My concern is does the data I added look correct and did the markets move like they said. I am plugged into them through mt4 and watch when they trade but I believe you can as a broker alter these trades
Why they show closed trade ,not their equity
If u wanna invest at them at least must see their trade explorer.
They use very high leverage, not recomended
Example if i wanna scam people
Whats im shown to people
What im hiding
Quite likely a scam. Make a thorough check before selecting a broker.
