Copytradeprofitfx Reviews

SAVE YOUR MONEY AND DO NOT BUY THIS

SAVE YOUR MONEY AND DO NOT BUY THIS SIGNAL PROVIDER Let me start by advising that my friend F recommended CTP to myself This was after seeing his Instagram videos blow up with a 500k LIVE account Bear in mind my daily job is a financial crime analyst so I am skeptical whenever I hear or read things initially F advised he had been using CTP for around 2 weeks using really small lot sizes but he had been winning F also advised that CTP had a ridiculous advertisement tool that he had been on his 12th week of back to back wins which I couldn t believe I asked F if he could send me CTP s signals for 2 days I used them and I hate to deny the initial outcome but he actually did hit his TPs I was dumbfounded and joined the sheep in the pursuit to get rich quick I quickly purchased the VIP package for 75 and made an instagram to watch his Instagram analysis It wasn t till the third day that I realised CRAP Let me enlighten you I lost virtually the majority of my account and my lot size was only 0 05 on a 1500 account The reason being is that CTP sends signals using 3 TP targets and the same SL for each CTP tries to find an active trend and then jumps in on the bandwagon What happens is as many of you know the trend is your friend Roughly 75 of the time His TPs are so lame it is unbelievable I m not even going to use pips but points for this For example his TP1 is around 75 points TP2 125 points and TP3 is 250 points They are such short bursts that the win rate is highER considering the trend is going that way and the TPs aren t exactly that far away HOWEVER his SL is around 1000 points away which for the most part acts as a huge buffer in case there is a RETRACEMENT for it to then swing back down Nevertheless that occasion when it is a TRUE REVERSAL means you ve just lost 3000 points by hitting your SL So imagine you mess up one signal with CTP you are 3000 points down in negative It means it ll take 7 winning 3TPs just to about break even This is what happened to F and I on 3 notable trades the past month which are USD CAD SELL 4 weeks ago GBP NZD SELL 4 weeks ago and EUR JPY BUY 1-2 weeks ago These all hit our SLs and in fact if we didn t have the SL they came back down especially on GN The point I m trying to make is that this guy is a fraud He finds trends to make sure term gains with get rich quick kids using 0 3-1 5 lots on a 500 account then show off He ll post them all over his instagram and snapchat etc However when he hits that loss he never admits it and neither do you find those get rich quick kids again because their account is BLOWN Watch his Instagram LIVE videos and you will see those who have blown their account because of him or lost a significant amount due to his ridiculous signals Again you may argue these kids are using stupid lot sizes for small accounts I agree with you but his RISK to REWARD ratio is non-existent At minimum you want a 1 1 RR His RR isn t 2 1 or 3 1 On the contrary it s the reverse more like 1 4 or 1 5 because of how low his TPs and how large far away his SL is I ve watched this guy enough the past few months to realise his marketing is on point The reason he has such a huge account to play around with is because he has so many sign ups He must be on at least 30 000 a month with his signal service You are probably thinking I ve over-exaggerating However think about the lowest membership which is 50 a month That s 600 a year If you don t believe he has 600 paying members minimum per month paying then fool you because it is clear That s why he has had so much to play around with Bear in mind this guy William Jones has been around the block for years It doesn t take a genius that he s on over 300k a year because of the sign ups so him using a 500k account isn t that impressiveto me when you look into the details Finally the customer service is absolutely terrible You can whatsapp them and they either reply sarcastically or negatively to anything you ask Arrogant just like William Funnily enough the best amount of conversation I got from CTP was when I cancelled and he was querying why that was I can t hate that he is making money but he is just making money of suckers buying into a strategy that is terrible Keep your hard earned cash Go read any free online manual on trading forex Learn about RR ratios because you aren t going to learn that here and it s the fastest way to blow your account Oh and back to the initial claim about successive winning weeks That was all BS considering I had 3 losers from him