Survivalist bias fraud by MT4 forex brokers on myfxbook.com

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An almost certain give-away that a high gain MT4 trading result listed on https://www.myfxbook.com is survivalist-bias fiction fabricated by the forex broker's very own MT4 server. is if 

it is marked as 'automated'. 

Exploiting the survivalist bias the forex brokers themselves uploads *millions* of fake account statements marked as real by themselves to myfxbook.com. There is very little

myfxbook can do to prevent this, since the forex brokers are not audited. Out of the millions of such fake accounts, there will be a few reaching 2000%+ gain, there is no real actual independent person behind the account. Usually the person goes by an alias and does not specify his full name or country of origin. The forex broker then cashes in by selling this EA, only to have the random walk

of the market kick in and the EA fails after a few weeks or months. 

Any person claiming trading proficiency must do so from a  real www.oanda.co.uk account. They have forex and CFD instruments and don't allow anybody more than 20 accounts thus 

minimizing the person presenting only his winning accounts and not the losing accounts distorting his trading ability. It is fine to have losing accounts as the trader went through a learning curve.

Oanda domiciled in the UK and regulated by the FSA, is a reputable broker and because they do not upload fiction to myfxbook.com themselves, it really raises the question as to why all these 2000% + accounts are always from Kazakhstan, Russia or some other financial banana republic. 

Searching www.myfxbook.com for Oanda , Real marked accounts delivers *zero* accounts with significant capital risk generating anything above 100% return over any period. This is a strong

indication that virtually no retail forex trader is making money. Any such trader wishing to present his trading credentials should list all 20 of his oanda accounts.  

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http://www.forexfactory.com/showthread.php?t=378566

On 5 Nov.2012 I made the following prediction:

"....I therefore predict that given one more year

http://www.myfxbook.com/members/fxgr...owth-bot/71611 from ThinkForex cloud cluster

and

http://www.myfxbook.com/community/tr...=2&p=1&o=71149 from http://tulipfx.com/ 

will blow-up, never to make new highs above their high-water mark.

Then another account held by a broker firm will surface and the same farce is repeated to the same investors. Why would anybody sell

a system that actually works for $500? You would rather manage their funds in a PAMM. ..."

http://www.myfxbook.com/members/fxgr...owth-bot/71611 This one finally tanked. That the system was heading for the rocks could be determined by a low adverse excursion ratio. There is no need to follow a system for months to see if it will work. All you have to do is drill down on the Adverse excursion ratio, if it is not at least One, then the system will eventually fail, even if it takes years.

http://www.myfxbook.com/community/tr...=2&p=6&o=71149 This one seems to be going strong run by http://tulipfx.com/ .  Who are the individuals behind this firm? Many forex management firms are actually controlled by the same individuals , taking commissions from the winning firms. 

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http://www.fxstat.com/en/performances/view/Iamlengend-14133   this is another fake real account opened by a forex broker themselves from Russia , posting in broken English(engrish) 

www.fxstat.com  must provide a filter on broker button so we can see how many  real Oanda accounts are making at least 50% after six months trading history. I