G7FX NV Nirav Neerav Vadera Exposed as a Scammer Fake Guru

Antwan64og

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I’m hoping its not, but have yet to see live account shots of futures and commodities.
The margins and drawdown can be huge but so are the profits.
I bought lots of oil in the dip last year, I had to bail out of the trade in the end and lost plenty in a spike down. That’s the reality of trading, holding that would of bought me a house for cash now.
 

Primedtraders

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Jeez man, you got issues. I wanted to stop reading at "I don't know this NV guy".

Its Nirvan himself replying to you...

Just earlier today I saw him use the word "Santa Clause" (check his IG story)...

Also the extensive writing is clearly him... he likes to talk a lot thats how people try to come of as smart, by talking lots.

Also a random dude defending against all of this CLEAR AS DAY LIGHT evidence isn't normal.
 

ManzilFX

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Yes. Either a paid actor or its the scammer himself. But doesn't matter, I am happy to take them all down. I am glad to see the last few replies that it's clear as daylight to most of you.
 

Antwan64og

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This raises some questions.
March 2021

massively over leveraged?
Average win 8 pips!
Total lots traded 168!

Then the choice of using GBPJPY!
Major FX pairs follow futures somewhat closely so they make some sense to trade if you are inferring data from futures which allows you to trade small Lots on FX instead of the minimum 1 lot on futures. This grid scalping is something different
 

Antwan64og

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Having gone through his trading course its not bad content and it mostly makes sense but yeah obviously his “history” is alot of BS to try give himself more credibility.
It’s mostly solid stuff but it’s not really tied into a solid strategy at the end. It’s almost like he knows the stuff and seems to understand it from reading it but doesn’t know fully how to apply it, trading the breakout contrary to absorbed orders via delta isn’t really a strategy? It’s still retail trader BS.
Key areas are easy to identify, even easier to pin point with VP and TPO charts BUT without a solid sentiment direction its flakey at best
 

AlGreen

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He deposited 10000 pounds and made 6057 pounds profit. What's fake about it? Could anyone explain it to me, please?
I think this is the first time he's shown amounts on the account, normally he doesn't show the amounts and uploads a new account every month to his Myfxbook because he funds lots of accounts with very small amounts and trades quite risky strategies and then uploads the account that made a good profit. Occasionally none of them make a profit and he says he didn't trade that month (which has been proved as a lie). This has been proven beyond reasonable doubt and there really are zero reasons to be going to the trouble of uploading new accounts every month.
I think his main account made a good profit for once which is why he's showing the amounts and making a massive deal about it recently.
There are so many holes in his back story as well - it's clearly all made up.
It's all smoke and mirrors it's no surprise that all he does is go on about his institutional past and Myfxbook because his lies and stolen content are all he has - just listening to him to me it's so obvious he's lying, he's like a cartoon scam artist.
If he traded one account on Myfxbook for 6 months and made the same profits I'll eat my words and buy his course (he'd also be very rich from compounding), but he won't ever do that - he will carry on creating extra work by uploading a new account every month and fooling people into parting with their money.
 

JorensZ

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There is nothing "professional" about his trading. As far as I can tell, he's using GRID strategy (google it). Like for example on 03/15/21 on 19:15 he closed 20 trades, so that means his exposure at one time was 20 lots on 10K account!!!
The thing about MyFxBook is that it calculates drawdown only when the trades are closed, therefore, he has managed to keep his "drawdown" (DD) small.
However, by looking at his trade placement and huge exposure to the market, I can bet that his FLOATING DD/LOSS at one moment may have been close to margin call. Luckily he had enough leverage to put on enough trades to pull his "basket" in to the profit zone.
Theoretically, if your money management is sound and you open grid trades in the direction of the trend you can be quite profitable, but you can stay profitable only if you withdraw you profits every week or month (this is why you don't see him compounding), because eventually you WILL burn your account. The math is simple - amount that you withdraw must exceed the amount in accounts you burn in the long run.
 

FXSALESGURU

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Yes. Either a paid actor or its the scammer himself. But doesn't matter, I am happy to take them all down. I am glad to see the last few replies that it's clear as daylight to most of you.
Hello

I’m new here and was directed this way by an old colleague of mine at Barcap to have a read and a giggle about he terrible mess NV has made of his life.

I do feel I owe you all my tuppence worth as I worked with him for the very short time he was at Barcap. I worked in the RSG team (structured options sales) and was a VP then. NV was a grad who was assigned to my team. He was desperately incapable and complained (directly to HR) about everything. I would like to share his first experience with FX trading if I may.

NV was instructed to introduce himself to the FX spot and short dates forward traders and set up times to sit with them to learn a little about what they did. He approached Danny Wise, head of FX spot and a very long in the tooth trader, and said “I’m neerav, I need to spend some time with you and learn what you do”. Danny said “I’m a bit busy mate, come back after US open”. NV responded with “do you like golf? I love golf too”. In that moment he lost all credibility with trading and never spent another moment with an FX trader at Barclays Capital.

His very limited time at Barclays Capital was spent putting together presentations and charts for sales people to sell derivatives to mid cap corporates. He was also sent to the morning trading meeting to take notes, summarise and send to the team to see if he understood what was going on, he didn’t

He complained to HR about having to get coffee.

NV never worked in FX trading at Barcap.
 

zekechyo

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Messages
2
Hello

I’m new here and was directed this way by an old colleague of mine at Barcap to have a read and a giggle about he terrible mess NV has made of his life.

I do feel I owe you all my tuppence worth as I worked with him for the very short time he was at Barcap. I worked in the RSG team (structured options sales) and was a VP then. NV was a grad who was assigned to my team. He was desperately incapable and complained (directly to HR) about everything. I would like to share his first experience with FX trading if I may.

NV was instructed to introduce himself to the FX spot and short dates forward traders and set up times to sit with them to learn a little about what they did. He approached Danny Wise, head of FX spot and a very long in the tooth trader, and said “I’m neerav, I need to spend some time with you and learn what you do”. Danny said “I’m a bit busy mate, come back after US open”. NV responded with “do you like golf? I love golf too”. In that moment he lost all credibility with trading and never spent another moment with an FX trader at Barclays Capital.

His very limited time at Barclays Capital was spent putting together presentations and charts for sales people to sell derivatives to mid cap corporates. He was also sent to the morning trading meeting to take notes, summarise and send to the team to see if he understood what was going on, he didn’t

He complained to HR about having to get coffee.

NV never worked in FX trading at Barcap.

You drop a huge bomb to his believers. Ha.
Waiting for someone from the same prop shop as he did comes here to clarify his days at prop shop.
 
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