₦airaland Forum

Shevychen2:
^^I don't give a toss about those calculations. If forex was that easy, you won't be getting the insults from people you crashed their accounts.

"Ordinary 200 pips.." How many people can make it consistently monthly while maintaining the risk limits etc the Bluefx or whatever has set? If you are honestly saying that you don't see how it is attractive for a company to relax and swipe subscription fees in an industry where 90% WILL FAIL GUARANTEED after all these years... Man.

Optimisticgondy:
@meshpips.
I came here so that others won't fall for your stupid marketing that you're a professional, especially when 2 other people in an fxgroup I belong 2 claimed you burnt their accounts within few days too.
You burn people hard-earned money with no remorse, and so, you won't go scot-free

Blackeuropean:
But as long as I'm watching on here at the moment, anyone that tried to mislead persons on here, I will imput my two cent to it.

And yeah I Trade with Saxo and Duka SA and VIP accounts and above, unless i want to help out investor or trader with moving forward, it's what it is.

Shevychen2:
Email them and ask them sir.

Shevychen2:
Please let's keep the limits. I am not promoting anyone. Have you seen me share an affiliate link here or what? I haven't even shared any strategy and asked people to follow..I know it is too much expecting some of you to measure your words, but please.. Try.

I pay very small wire transfer fees when I withdraw/deposit money with them. It is their business model and I don't have any issues whatsoever with it.

They also offer max 1:30 leverage (1:200 if you can be bothered to provide more lengthy documentation) and I still don't care. BTW, I have since found other options that are equally as good so they are not my only broker.

To each his own.

Shevychen2:
Excellent analysis by BlackEuropean. I was discussing this with someone recently. Any supposed funding platform where you have to pay to get in or even worse, pay a monthly fee is nonsense that any sensible trader should avoid. Not even talking about all the technical aspect.. Just the fact that they are charging fees to give supposed opportunities is enough to know they are just feasting on the fact that many people will never recover the fees based on the stringent rules.

Some of the rules from these companies are usually so useless and will in many cases require changing your trading style (recipe for disaster).

If you trust your skills, go on the numerous platforms that don't have such barriers and make a name for yourself. You don't need any fanciful qualifications and nobody needs to know your real name. Just make profits while taking responsible risks.

Blackeuropean:
And my Verdicts about BluFx:

:
Trick ; BluFx preys on greed of aspiring traders and offer them acvount of 25000 for a monthly fee.
The leveraged of the accounts is ridiculously 1:1 to 1:2, even me will not even dare to touch that talk less of [/b]sweating on it, because there is no way you can meet the condition target of 5% before they allow you withdraw the so called 50%
They offer a prop. platform and no way you can verify if you are actually trading real or demo account

As far as I'm concern, you are being made to trade a demo account, because no one will offer you account with real money of $25,000 for a fee of 50,00 naira to Nigerian clients, and 199 pounds for UK based clients, [b]when you can easily lose the Real money and they become actually the loser here, so you are trading a demo, which they can easily manipulate to make sure no matter the way you sweat it, you do not meet the monthly target to qualify for the withdrawal, and one of the perfect legal ticklish way they did that is to offer you with a very ridiculous leverage, this is done to keep you as long as possible to keep paying the monthly subscription.

They are only interested on your monthly subscriptions, and will do whatever it takes to keep you paying for that monthly, while you keep hoping to meet the target, its just a simple trick and I commend them for their smartness.

NO PROFFESDIONAL TRADER WILL FALL FOR THIS TRICK, AND IT'S EASIER TO MAKE 10,000 NAIRA MONTHLY FROM YOU 50,000 NAIRA FROM TRADING WITH IT IN REGULAR BROKER THAN BLUEFX.
GOOD DAY.

Blackeuropean:
Listen as in below:

Let's look at the 50k starters. If all trade conservatively (not likely), it make take 4 months for the losers to drop out and 4 months for the winners to make enough to get a payment. That's 10 traders x 4 months x 199/month. They've taken in almost 8000 GBP. Unless those 2 successful traders made more than 16 k between them, this whole thing could be running on demo accounts and they'll still be in profit.

They also have a proprietary trading platform - that means their clients have no simple way to tell if the prices are real or not (and if the accounts are live or demo). It would be very simple to shave a little off the profitable traders to slow them down in reaching the payout level and to reduce the losses of the bad traders to keep them motivated to remain enrolled longer. In this scenario, all they want is to keep people paying that monthly fee as long as possible.
I'll wager that these are all really demo accounts and the few "profits" ever paid all come out of trading fees. If any AMAZING traders are ever located, there might be some small possibility of live accounts being provided.

If the company would care to come in, show where the money comes from, show what broker their platform connects to, and have the broker verify that all accounts are live, then I may reconsider my opinion. For now, this looks like a very fast way to waste 199 pounds per

wiconse:
@meshpips, where is your fx book link

wiconse:
@meshpips, where is your fx book link

Blackeuropean:
Ok, I can't verify this claims as it's Nigeria based, I thought it's European or U.S. based that could be verified right from my Terminal with few clicks.

ejosh4:
And u still beg for scraps.... This man u funny gann ...

Blackeuropean:
You are kidding about getting his account to N50,000 ( less than $200) and you will direct him to prop firm that will offer him $25,000 right?

I have to chip in here, unless he has a sound track records of like some years, 3 years will do, no Firm will look his way, and when I say firm I mean private with private funds, if its to be public firms, then 5 years with license, Please don't mislead people here aspiring to be a trader, and Retail FX is not a get reach quick scheme, Take this from a Pro.Trader.

meshpips:
2014/15 there about.

Platform: Dukascopy (the contest used to be on their jf.rex platform) if I remember. Some.of the winnings were from binary options contest while some others came from the signal provision contest.

The prop firm I spoke about is

blufx.com.ng

Blackeuropean:
Ok I'm on Trading break now, many years ago was when and what platform? And link to the firm you said, where is it to verify the $25000 claim.

Optimisticgondy:
did I discuss anything with you on Whatsapp? Why are you as cunning as this?

I was taking screenshots of our chats and my finger mistakenly tapped call icon, then I told you it was a mistake.

Did I read any of your subsequent messages after my reply?

Blackeuropean:
I trade with Saxo and Dukascopy S.A , You can just put the firm website on here, it will not take me 5 minutes to verify this claim if true or not, Just like i told you, without track records, NO DEAL.

meshpips:
Buy until 110.15 - 110.4X region before attempting a sell

VAP is over extended to the down side.

Blackeuropean:
I trade with Saxo and Dukascopy S.A , You can just put the firm website on here, it will not take me 5 minutes to verify this claim if true or not, Just like i told you, without track records, NO DEAL.

It took me 3+5 years to get both track records and work with UBS in Switzerland to get Promoted from Analyst to Delta One Desk, Before I was licensed as HedgeFunder.

meshpips:
Let me make you a deal . . .

You will get N50,000 (fifty thousand Naira) in the first week of April and another fifty thousand in the first week of May.

This makes a total of N100,000 and covers half of the amount lost under my management. You will bear the remaining part of the loss.

Deal?

Blackeuropean:
You are kidding about getting his account to N50,000 ( less than $200) and you will direct him to prop firm that will offer him $25,000 right?

I have to chip in here, unless he has a sound track records of like some years, 3 years will do, no Firm will look his way, and when I say firm I mean private with private funds, if its to be public firms, then 5 years with license, Please don't mislead people here aspiring to be a trader, and Retail FX is not a get reach quick scheme, Take this from a Pro.Trader.

AK284:
You and who , abeg go pay all your numerous gbese, after that I will attend to you.
If going from one debt to another is your definition of experienced,I don't want that kind of mumu experience.

AK284:
That's exactly the problem, being a successful trader in deed is different from having all professional certificate and all you're successful in is burning account like burning a stick of cigarettes,Charles Dow once said pride of opinion had lead to failures of traders than any other thing on wall street.
Some well groomed primary six holder may actually trade better than you.
The prop firm you talking about ,what there requirement to give $25000, No certificate,no experience, nothing, inasmuch you can give results you are good to go with #50k registration fee.you claim to be experienced and you always give a newbie advice.

Donvic4u:
90% of profitable traders have a trading account that they trade beastly...

That doesn't mean they don't have other where they trade conventionally...

Even redsox here does it..does it mean he is a gambler ??

I guess not

signalsmedia:
are you truly a professional trader?

Remember repeated actions forms an habit and habits are extremely difficult to break.

There's no guarantee that he won't trade a $25000 account just the same way he's trading his small account.

No wonder you blew up the other guys 200k in just two days.

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