FX Dark History?【Beginner?Recommended】
Do you still believe it?
Absolutely profitable automated trading EA?
Entry signal tool indicator?
People who blame others should quit FX.
It's not such a sweet world.
In the world of FX, 90% exit.
Why? Isn’t it a two-option choice?
At first, I didn’t understand what this means.
FX debut is recklessly gambling on gold (lol)
There are daily profit reports on X, I wondered if I could do it too?
Influencers claimed to target indicators trading, so I went long 10,000 yen ⇒ to unexpectedly 300,000 yen?
I thought it was easy, but of course I had no knowledge or basis, so it couldn’t continue…
Losses kept piling up?
From here, a negative spiral began?
Not just studying, but the journey to find skilled people on X
Darkness 1. Copy Trading
① Momentary heaven
At first, it truly seemed to increase.
“I too could become a person on the other side.”
Greed grows here, and you add more of your principal
② Countdown to ruin
The fear unique to copy trading:The frustration of not being able to close trades with your own judgment.
Unrealized losses swell, but the parent account never cuts losses.
In the end, it’s wiped out in an instant.
③ The shocking truth
When it collapses, a mysterious message says “I couldn’t operate.”
Actually realizing it was a reckless trade for IB rewards (fees).
Some people disappear by deleting their accounts.
I believed it twice more…
Lack of learning ability
Darkness 2. Auto trading “Gold EA”
① Momentary heaven (same as before)
Start with 150k principal, once you recover it, you won’t lose
It reached up to 300k, I think
“I too could become a person on the other side.”
② Countdown to ruin
First loss cut → still winning, so it’s okay
Unexpected two consecutive days of losses
Different EA ⇒ immediate loss cut
“Namping (averaging down) and martingale”: The biggest cause of EA collapse. The fear of positions doubling with every loss.
※There are also excellent EAs, so no misinterpretation?♂️
Darkness 3. Front-loading, Holy Grail hunt
Front-loading on X ⇒ not possible to win, right
Seeking the Holy Grail ⇒ there isn’t one, right
Finally woke up
Learned Dow Theory, waves, basics, started demo trading
In month 3, positive, so started real trading
After about half a year, I finally saw my own method!
Real verification is important
Daily routine is important
Don’t overlook the charts
Having fun is the most important
FX influencer circles are seriously bad, beware: Note: 1 in 10 are wonderful
① Mysterious front-loading (especially gold) What’s the basis?
② Mysterious OC and Discord Mostly solicitation
I think many people have experience. Me too?
At first glance, they boast a glamorous lifestyle and promise “earn freely,” but behind the scenes lie risks and structural issues that beginners can’t easily see.
1. Revenue source is not from “trading”
The true purpose of many influencers is not to win in the market, but tomonetize followers.
IB rewards (opening overseas accounts):Have followers open accounts via their link, and every trade they make earns the influencer a fee. Regardless of wins or losses, followers who deposit repeatedly to trade make them money.
High-priced salons and products:They lure with unrealistic figures like “90% win rate” or “monthly 100%,” directing you to tools or schools costing tens of thousands of yen.
Front-loading distribution tricks:Using multiple accounts to post opposite predictions and only the successful ones are celebrated as “hits.”
2. Faked track records (the dark side of screenshots)
Posts claiming “tens of millions in profit” or luxury cars/watches should not be taken at face value.
Misuse of demo accounts:Trade results in a demo (virtual money) account can be made to look like real accounts.
Image editing:MT4/MT5 history screens can be easily edited with tools.
Using rental items for show:High-end cars or luxury apartments are often rented for shoots, or only used for filming.
3. “Survivorship bias” and “irresponsible hype”
Their suggested methods often happened to match certain market conditions.
Lack of risk management:Recommend full leverage without capital management, making beginners expect a one-shot turnaround. As a result, followers lose their entire assets in days while influencers bear no responsibility.
Few loss reports:When they lose, they stay silent; when they win, they make a big fuss, leading beginners to think “FX is easy.”