FOREX GURU DONVO BLOWN CLIENTS ACCOUNT -97%

This has to be the biggest loss EVER in forex copy trading industry!

So how did this forex guru lose all his clients money and who is he in the first place?

For those who watch live stream forex videos you may have chanced upon him. He has been a long term streamer ever since 2019. I used to follow him on streams, learn how he trades, but couldn’t catch what he teaches because he changes strategies fast.

From taking 10 pips and setting stop loss at 30 pips back in 2019, he “developed” his strategy to have higher win rate and larger stop loss. That’s when I strayed away from his stream because that’s ridiculous! Catching 5 pips on stream and drawdown 200 pips 😳

I wasnt too involved in his stream but he had his signals going on in discord and that’s not enough. He recently opened a MAM account. For those who don’t know MAM = Multi-Account Manager. Basically allows investors to copy his trades under the same broker.

Rumours have shared that he may have colluded with the broker to gain commissions from each lot he opened. Knowing that most of his followers thinks he is legit and willing to put at least 50k!! (See pic 2) Into copying his trades, he decided to BLOW it all.

From trading 1-2 trades a day for years, he opened 300 trades in less than 3 days 👏🏻👏🏻👏🏻 Hence, many had claimed that he destroyed all his clients account to gain 7-figure commission.

But question is, why would he do that? Why would he ruin his reputation (mind you, he live streamed from 2019), destroyed his youtube channel, just over a 7-figure commission? Plus he showed that he was trading on a million dollar account. (But even that can be fabricated by the broker)

All his clients & followers are still waiting for him to go public on this matter.

Oh well, lesson learnt?

Trader Nick (see pic 3) who has been livestreaming long before him, said the only credible source to review someone’s portfolio is through a third party (myfxbook) and LIVE & trusted broker login (that means login as investor in the trading account)

Never put what you can’t lose in investments! No matter how good the stocks/trader raked profits everyday

Just trust yourself. Trust the process, be disciplined in your own trading & I hope you succeed 😊