I have to keep repeating myself because people are still not getting this.
- This is totally abnormal.
I have never seen this in a Myfxbook and it is total bullshit.
2. The recoveries are totally abnormal.
This is a classic signature of a Martingale
The Drawdown on the 27th March is here – note how it recovers so quickly above?
That is a 19.41% loss in DAY!!!
That is a Martingale.
3. But what about all the pips???!!!
Well looky here – I have set up a demo test using a martingale trying to mirror Edward Elford… Look at my results…
This myfxbook is one commercial MT4 Expert Advisor (Shitty static low level program – some will call it a robot or an algorithm) that I am testing.
Its really for easy for me to make these pretty Myfxbook accounts – do you get it yet?
20 year olds create pretty Myfxbook’s to suck you in to invest with them because they earn $500-1000 per sign up – that is you, you are worth $500-1000 to them.
They earn further commission on a traded round lot – this scam is huge business.
Stop funding criminals.