GUILTY Case# 2017-055 | jeffie1 vs mygoldensignals.com

[Blessed4Trading]

Link to YouTube video where seller represents win rate at 90%:

90% win rate at @ 14 min 10 seconds

Anyone else want to subscribe to any unknown experts take note-If the so called expert's YouTube account has his or her comment section is DISABLED then it is more likely to be a SCAM>>>>>>>>>>>>>>>>>>>>>SCAM.

 

[snapped2002]

However a failure to communicate meaningfully and argue your corner or demonstrate the system really works with verifiable trading records, points toward scam activity! In Traders Court a failure to communicate and ignoring repeated requests for a response is a classic sign that "There is no defence", so I must vote Guilty!

While I find the topic confusing I do agree with @Tryingtrader.
If your business is legit then you would make some sort of effort to get a resolution and if nothing else step up and protect your brand.
Guilty.

 

[Pharaoh]

I was under the impression that a 73% win-rate admirable for a beginner.

Welcome to Pharaoh's Casino for those who don't understand risk and reward!

All you have to do is bet $10. If you win, you get $3 in profit. If you lose, you lose your $10. For beginners, there's a special plan with an admirable win rate of 73%. This means if you place 100 trades, on average, you'll win 73 of them and lose 27 of them. Ready to sign up? I hope so, because I own the casino. Your 73 winning trades will pay you $3 x 73 = $219. Your 27 losing trades will pay me $10 x 27 = $270.

In other words, percent of wins means NOTHING if you don't know the amount risked vs the amount of reward for each trade.

Oh, and GUILTY!

 

[snapped2002]

Welcome to Pharaoh's Casino for those who don't understand risk and reward!

All you have to do is bet $10. If you win, you get $3 in profit. If you lose, you lose your $10. For beginners, there's a special plan with an admirable win rate of 73%. This means if you place 100 trades, on average, you'll win 73 of them and lose 27 of them. Ready to sign up? I hope so, because I own the casino. Your 73 winning trades will pay you $3 x 73 = $219. Your 27 losing trades will pay me $10 x 27 = $270.

In other words, percent of wins means NOTHING if you don't know the amount risked vs the amount of reward for each trade.

Oh, and GUILTY!

Bravo

I could not have said this any better or clearer myself.

 

[snapped2002]

77 X 3 = 231
23 X 10 = 230

You have to maintain a win ratio of 77% or higher for this to work LMAO

WOW and good luck to that

 

[danielsoy]

I did so based on his claims that this strategy has a 90% ITM win rate.

So he dont need to sell any signals.

 

[John Naluswa]

I am unable to make a decision here because I dont know how this thing works. We were only told of winning percentages, but no risk - reward part. So I don't know if 73% winning rate gives overall loss or win

 

[mparama]

Nobody can guarantee a 90% win rate in Binary Option, as well in other trading field.
GUILTY as they take advantage in scamming newby in trading and this companies should be banned for ever.

GUILTY as well to the trader as he cannot invest his money blindly and naively without considering the risk, expecially in binary option, much better to spend his money in a regulated casino where at least if it happens to win money he can withdraw them.
He should consider that in trading there is no way to easily gain expecially following stategies seller promising shortly huge gain.

 

[Feisal Rahimtoola]

If there has been no response from Rchard after June 27, I suspect they are guity.

 

[Dragonslipper]

Although 70% is a good win ratio according to any analyst I have listened to they promised and sold their system on a 90% ratio which is unheard of. However, based on this "sales gimmick" the system was bought with this ratio being promised as a proven, consistent record. This is false advertising and therefore a false trap to lure investors in. How long before the "system" produced only 40% or 20% and the investor ends up losing everything? This is a scam due to the false advertising. The proof is the inability or unwillingness of the broker to engage in the dialogue and prove his case, because he knows he cannot defend the false advertising - the lure - in the first place.