Hi guys,
Vlad is attaching Anil Margin’s scathing confession that his trading method doesnt work and that he is a freaking noob and a charlatan.
I feel sorry for all those who fell for him; including myself. Also dont believe the poll numbers; majority of the people have left the group. Attendance is down from 130 to 70 since Vlad started posting setups and the poll numbers are heavily tilted due the presence of his fellow scammers/ mentors in the poll (who get 500 / 2500 to perpetuate the scam) still they got only 33% who got breakeven lol
Audio Proof 1:
https://vocaroo.com/i/s1mbCe4L8d5d
Audio Proof 2:
Lol Anil Margin saying he will become an investor rather than trader lol – some wise man said long ago when your short term trades go wrong you become long term investor lol
https://vocaroo.com/i/s041g9ZNb9Fm
Audio Proof 3:
Anil Margin deciding to close USDCHF trade; taking a huge loss – after stealing setups from Vlad’s group (he spent long time observing the page) Remember this is the trade Anil Margin said on his live trading gimmick that USDCHF WILL GO DOWN lol. Because he knows lol tsk tsk
https://vocaroo.com/i/s1lQl8j6VeHM
So this scammer has been charging USD 2500 from everyone claiming he has edge over market; but he himself doesnt have a clue how to do trades and manage them; and he has some nerve to call out on trolls.
He is hiding for 2 weeks straight now from doing weekly outlooks; and now he has again said that this sunday his friends from Russia are coming (LOL LOL) and he wont be doing weekly outlook LOL
His own traders are leaving him for Vlad; the attendance to his daily webinar is all time low and he and his group of scammers have been badly exposed and Anil himself has turned into a joke.
And the dude is clueless this week was the easiest to trade and he ends up having the worst week.
LOL
Enjoy.
Vlad.
The russian mafia is coming to get him therefore he won’t be able to do the weekly webinar again.
In the 1st audio… his investor has pulled out $300,000.00 from the account… lol,hahahaha
Looks like Anil Margin has been Marginalised by his service provider and has been wiped out 300k from his trading account.
Saxo cut his wings before NFP. Noob’s stuff sigh!!! and he has fooled an investor to shell 500K!! Sooo sad!
Last time I watched a London webinar, he proposed a challenge to the group to find a place in the chart where price doesn’t retrace too. He was trying to ease the nerves of people long in USDCHF I believe, by saying, “I don’t know why you guys are so nervous, what’s the big deal” type attitude.
He said, “look at this impulse, price came back” and showed a few examples. So if this is the case then why did he close his positions?
Dam, after listening to the audios I actually feel for the guy. Doesn’t matter who you are, it would suck to lose that kind of money and potentially lose an investor. I also feel for the investor.
For the people in the group and those following him, hopefully this will be a wake up call to not blindly follow him and always use a stop, trading without a stop is plain stupid, especially if you’re new and trading short term. If you can’t accept having a loss on your account because you’re too superior and good at trading for that, then you’re not fit for trading. Losses are part of the game, accept them and move on.
Oldmate. He made $2.5 mil selling how to put trendlines. I have no compassion for him. He is an extra mediocre trader and bilks noobs and investors of their money. He should go to jail. let alone lose 300K. He will lose $2.5mil, mark my words. If not to the market, well it will be to the Russian tax authorities.
It only takes a couple of bad trades to get out of hand when there’s no Risk Management in place and such things will inevitably happen – it’s Risk & Money Management 101…
Newer traders should take the most and learn from this expensive (for him) but free (for you) lesson, so lets use the basic Elliot Wave structure (impulse-correction-impulse) to illustrate:
1) Impulse – imagine the Drawdown (DD) in your account as an impulse (wave A/W/1) to the downside in the making – even if you haven’t realised the loss yet, if the structure changes (which inevitably happens, as the markets are random) you will have to take a loss at some point. So hey, presto, there’s your “Phantom” first wave down.
2) Correction – without proper Risk and Money management (these are two separate things btw), the impulse/DD gets larger and ties your hands margin-wise. This means that if you’re over-leveraged you won’t be able to take big trades, even if the best opportunity presents itself. So, you start taking small trades (lets assume more wins than losses), which you profit from and create a sideways move/correction (wave B/X/2).
3) Impulse – simply put, the DD increases over time and you are allowed to take smaller and smaller trades until the point where you can’t take any. Finally, you either get administered the medicine by your broker and get margin called, or take the bitter pill yourself and click the trade(s) out for some large losses. This is the infamous strongest “Real” wave C/Y/3.
If you keep on repeating the above 3 steps in succession, your account equity will have waves X2/4 and Z/5 too, and the following look when you put it in chart perspective:
https://www.thebalance.com/thmb/yEJUdcj_mbH8lrXAOeRDwNw6Npk=/400×250/filters:no_upscale():max_bytes(150000):strip_icc()/EURUSD-4-hour-chart-56a22ddb3df78cf77272e828.jpg
By the looks of it, Anil got a Margin Call (didn’t close the positions manually), as he was regularly trading at 80-90% capacity in the Weekly Outlooks before the rest of the trades went sour (only GBPCAD was deep underwater at the time).
On the opposite side we’ve got his statement that “the investor needed some money and took out €300k out of the account”, leaving Mr Mangal with about €220k to trade with. This is either a lie (Anil was margin called and got charged the €300k by his broker), or the investor chickened out big time. I wonder what story will be told during the Weekly Outlook. I recall Anil saying in a previous webinar that his investor had many more millions waiting to be put into action and this was simply a test account for him. Why would you then need some pocket change in this case?
If Anil shows his trading history during the WO it would be nice to find out which of the two took place.
Thanks VLAD for exposing this FX Charlatan
This what i was writing in his youtube account that his strategy is more looks like a ‘diversified investment strategy’ and the guy got angry with me and deleted me and banned me from postings
Now he is admitting it . I myself invest in FX by using tiny margins to keep positions. i build up positions and maximum 1% of margin available is used to buy a pr. i often have 10 uncorrelated pr running at any time. i do not sit around watching every ticks. also i do not buy correlated pairs. eg there is no point in buying usd/sek and usd/nok at the same time.
But for this Anil guy this investment strategy is not going to work because
1) he doesn’t believe in fundamental analysis
2) he think he is a trader not a investor
3) HE CLOSES WINING TRADES ASAP AND LET THE LOOSERS RUN wild: in the audio he says if he kept some trades he would have triple his account what an infantile thing to say and an embarrassment to entire fx traders
4) he doesn’t believe in correlation
So this guy is a sitting duck in the market. I’m surprised he only lost 300 k
btw what with this guy and Silver? he uses to ward off some evil voodoo? the leverage that he uses to buy silver : silver do not need to go to zero to blow his account.
its outrageous what was going on;
thanks for your feedback; you can speak your heart out here.