Did anyone make a lot of money this year? This trader said he made over a million from 50k...

VEGASDESERT said:
you guys do get that this is virtually mathematically impossible trading fx pairs.

It would be equivalent to flipping 30 heads in a row. Possible but get real.
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I would say it is but since I saw the real log, it is not :) The problem is he had so big positions on such leverage, but they worked.
 
Grantx said:
He could be legit but then why sell a course? That's the part that always gets me. If you are that successful you would be sitting there printing money day in and day out.
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I couldn't find anything about takeprofitsalways selling a course. I think he genuinely wants to help new traders

 
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smallfil said:
Took a good look at both. You are right. Alwaystakeprofits has a different Twitter account. So, probably, a different person.
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Idk cam seems like he is selling something. Takeprofitsalways is just giving free value from what I see
 
guru said:
It's possible, but if you didn't follow him every day to witness this, then you won't be able to tell.
I'm following one guy on Twitter who turned $1K into $1M in the last 6 months, and I believe he is legit. Thousands of people see his trades and videos every day, and no one's complaining.
I'd also believe it simply because recently there are millions of new traders with a portion of the $2 trillion stimulus to spend, and lots of money is being made (and lost).
I mean, if this wasn't even possible then all of the history of trading would've been false, no one would care for trading, and this forum wouldn't exist. No one would be here if they never heard and believed that any successful traders ever existed. While if they did in the past then there is nothing stopping anyone to be very successful today.

Basically I think it must be possible for exceptional traders to exist, and I can believe some. But I'm not sure whether there is a reason to verify any specific claim. Maybe this guy did it, maybe another one. The odds are one in a million, so you don't stand a chance of repeating this. But you can follow any traders that are consistent and still learn.
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I worked out he was probably lying in the first 15 seconds of his video. When he says he turned $1,000 into $1M he looks down so you can't see his eyes for long enough. That's to stop you being able to do a lie detector test. He's conveniently wearing specs also.

Eye Movements When Lying: Reality or Myth?
https://www.learning-mind.com/wp-content/uploads/2018/01/eye-movements-when-lying.jpg

It takes at least 10 years to crack technical analysis even for a genuis and if he made it discretionary trading stocks or whatever, he may have got lucky but it's just a matter of time before the market bites him on the bum.
 
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I watched the video, the guy says he was a trader for 7 years in the comments. I'd say with that much experience it's possible he had the skills to take advantage of the volitility of the last few months.
 
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