A friend asked me to send him few bucks because he discovered a glitch who may can generate unlimited funds with trading etc
Scam ? I don’t want to send him $$$ but curious to see if anyone know this already
Few extract from a pdf guide ;
I’ve sended the pdf to chat , analyzing how they can potential scam etc and he said that :
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RULES TO FOLLOW!!
This method is only feasible between the two brokers we recommend, thanks to the bonuses and privileged conditions we guarantee. Using other brokers could completely invalidate the strategy and result in severe capital losses!
Trades must be opened simultaneously!
We recommend using a PC for trading and MT5 on mobile, or vice versa, to ensure greater convenience and responsiveness. Even a few seconds’ delay in execution can lead to significant capital losses! Precision and timing are crucial for the success of this strategy.
We strongly advise against trading during high volatility hours or near major economic events, as sudden price movements could invalidate the strategy, especially for the XAUUSD pair. Under such conditions, rapid price fluctuations can compromise trade outcomes and result in unexpected losses. It is essential to choose stable market hours to maximize success rates.
Trading Risks
Human error is always a factor. Even though the method is mathematical and well-structured, always invest only what you can afford to lose. Extreme market conditions or external factors beyond the strategy’s control could impact results. Caution is crucial—don’t risk more than you can handle.
Follow the lot sizes and rules strictly, without improvising. Don’t act on your own. If you have doubts or uncertainties, it’s better to refrain from trading and always consult your leader or the person who introduced you to this method. Discipline is essential for success and capital protection!
Don’t be greedy. Avoid trading late at night and don’t leave positions open overnight. Always aim to close trades within the day to avoid high swaps and minimize the risk of unexpected costs. Caution and careful risk management are fundamental to protecting your profits!
Since we trade the XAUUSD pair, accounts with both brokers must be in USD. Ensure that all calculations and transactions are executed correctly in US dollars to avoid errors in results and maintain consistency.
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TRADING DISCLAIMER
The information provided in this document is based on our experience and mathematical analysis applied to trading. We share our mathematical strategy and calculations, which, based on our experience, have proven effective. However, we assume no responsibility for errors, misinterpretations, or independent decisions made by users.
Our calculations are purely mathematical and work for us and those who follow them strictly. However, they must be applied with extreme care and precision, as even the smallest distraction can compromise the outcome.
Although this strategy significantly reduces risk, trading remains inherently risky and can result in the total loss of invested capital.
We encourage everyone to proceed with caution, think before acting, and seek clarification if anything is unclear. Our methodology is the result of time, study, and invested resources to refine what works and discard what doesn’t. Consider yourselves lucky to have access to a tested and working strategy.
Happy mathematical trading! Use your head and always ask before acting if you have doubts.
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Method Explanation
The document outlines a trading strategy based on hedging between two brokers (Avantgarde FX and BitVay Pro), taking advantage of bonus funds from one of the brokers to mitigate potential losses.
Key Aspects of the Strategy:
• Opening simultaneous opposite positions on two different brokers (one Buy, one Sell).
• Using a bonus from BitVay Pro to absorb potential losses.
• Adjusting Stop Loss (SL) and Take Profit (TP) based on calculated pip values for each broker.
• Different lot sizes to ensure a net profit regardless of which trade wins.
Potential Red Flags:
1. Reliance on Bonuses:
• Many brokers restrict or revoke bonuses, making this method unreliable in the long term.
2. Little-known Brokers (Avantgarde FX & BitVay Pro):
• Not widely recognized or regulated brokers could manipulate trades or prevent withdrawals.
3. Misleading Claims of Guaranteed Profit:
• The document suggests that even if one trade hits Stop Loss, a profit is still made. In reality, market conditions can disrupt this balance, leading to losses.
4. Pressure to Follow the System Rigidly:
• The document discourages independent thinking, telling traders to always consult their “leader.” This is a common tactic in high-risk financial schemes.
Conclusion: Is This a Scam?
While the method is not necessarily an outright scam, it carries significant risks and relies on factors outside your control, particularly broker conditions.
There’s a high chance that the broker providing the bonus (BitVay Pro) could refuse withdrawals, change conditions, or manipulate execution, leading to losses for traders while benefiting those promoting the system.
Final Rating (Risk Level): 9/10 – Very Risky / Potential Scam
Recommendation: Avoid using unregulated brokers, especially those offering “bonus-based” strategies. If something seems too good to be true, it usually is.
In my opinion, anyone in trading who guarantees you profits is a scam. Why? If they could predict the market with 100% accuracy, they wouldn’t be asking for a few USDs, they’d be making millions in just a few days.
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Just facts, even if you start with 100$ you would be able to make millons in weeks.
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Gotta be careful Scammers create fake trading platforms or apps that promise high returns, but never allow withdrawals, or manipulate trade data to generate losses.
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Even I have been scammed in this trading net 
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