Fox signals - finally someone said it
- Thread starter TELAVIV1
- Start date
- Aug 12, 2024
- 1,251
- 396
Everytime such app or scheme comes and does frauds, we have posts highlighring this. But later again many such new schemes comes and again people fall for fraud. The real reason is greed of people.
rodmarb2b
BANNED
- Sep 30, 2015
- 883
- 253
I bought this app, I'm observing, but I haven't checked the authenticity of the signals by actively trading.
What I find strange about this review (I repeat that I haven't checked the signals by trading), is that it says that many signals reach TP1, TP2 and then end at the stop loss and they count them as winners, and that's because they use trailing stop loss on all signals, so it's normal that reaching TP1, TP2 are counted as winners, since your entry goes up to at least break even and you have partially closed at TP1 and TP2 (they use 5 TPs) and the rest is closed at break even or TP1 if the price cross TP2 (I think this is the setup of the trailing stop).
What I find strange about this review (I repeat that I haven't checked the signals by trading), is that it says that many signals reach TP1, TP2 and then end at the stop loss and they count them as winners, and that's because they use trailing stop loss on all signals, so it's normal that reaching TP1, TP2 are counted as winners, since your entry goes up to at least break even and you have partially closed at TP1 and TP2 (they use 5 TPs) and the rest is closed at break even or TP1 if the price cross TP2 (I think this is the setup of the trailing stop).
what i found weird is that every bad review on this app is deleted. i don't know why and how. and as you can see, the user also mention it in the end of the review. i also tried it, and the support just talk trash, and look how the founder reply to people, its a clear scam sponsored by appsumo. i also got a message on telegram from one of the people in the group, with racist content, after I called out the founder (coincidence? i don't think so)
I also sent the screenshot to appsumo but they don't do shit. they don't care - only to make money.
and the founder is winner here.