Gayan Lakshantha from Srilanka owner of fxalg.com and YouTube channel Forex Automated Trading Tools is a SCAMMER. I transferred him $190 through Skrill. He scammed me. He use different accounts to scam innocent people online. I saw his results on myfxbook and got impressed and purchased HFT BOT from him. After purchasing I got to know it was all a scam. He’s a fraud. Don’t fall for his real accounts. His HFT & BOT are not worth buying. Once you pay him he will install a dummy bot. If you complaint he will simply block and abuse you.
Gayan Lakshantha is a SCAM
- Thread starter sadia
- Start date
Attachments
Are there any profitable bot out there? If it is profitable, why even sell it? Just made no sense. Even if it works, it may work for a small time frame in the past and only made sense to the creator. Without understanding how it works and changing the strategy parameters, 1-2 losses will increase doubts and make it worthless.
With this mindset you would question funded accounts too. It doesn’t make sense. The point is if somebody’s selling something it should be legit or else they’re labelled as cyber thief's/scammers.
I am saying even if it is legit, it probably only works for the creator and you need to have the power to finetune it to your strategy. You cannot just use it as it is. Funded accounts are different. They borrow the money to get a higher return and share the profit. It is reasonable risk.
Attachments
I know you are probably stressed out and this guy is probably a scam (just like most bots out there). Maybe you can try to do trial next time to research on better systems.
It can be a blessing in disguise. What if you purchased the bot and then it proceeds to lose even more money (faulty algorithms).
It can be a blessing in disguise. What if you purchased the bot and then it proceeds to lose even more money (faulty algorithms).
Learn from this and be smarter next time. $190 sucks but it's not the end of the world. Report to him to whatever cyber crime unit seems most applicable given his location, but your money is most likely irrecoverable.
There's never any point for paying for "bots", "algos", etc. until you've accumulated enough knowledge by attempting to build these things yourself to know how to identify scams and worthless stuff (which is 99.999%, there's simply no incentive to sell alpha in this manner). At best you get something which trades but has negative expectancy, potentially in a catastrophic way (e.g. Martingale).
There's never any point for paying for "bots", "algos", etc. until you've accumulated enough knowledge by attempting to build these things yourself to know how to identify scams and worthless stuff (which is 99.999%, there's simply no incentive to sell alpha in this manner). At best you get something which trades but has negative expectancy, potentially in a catastrophic way (e.g. Martingale).
$190, you really think anyone would give you a viable system ? Solid trading plans can take a year plus to develop, backtest, forward test and program. I would never consider selling them. You most likely lack experience of developing and unaware of few thousand of hours it takes, plus years of knowledge just to develop.
I would never consider day trading Bitcoin, slippage be the norm and can't do size like the ES futures.
I would never consider day trading Bitcoin, slippage be the norm and can't do size like the ES futures.