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@jaygroupfx Jamie Rogers fx trading scam
As of October 2025, Jamie Rogers has a Telegram group called @jaygroupfx where he posts his own successes (often from his Ferrari) and continually posts client success stories and is full of all the positivities you could possible imagine! He uses a broker called t4trade and he makes commission if you stay with them for…
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Is Manyways LLC (Trading) a scam? – yes; absolutely!
UPDATE: Looks like they’ve finally been shut down / stopped scamming – hopefully it stays this way! In a nutshell, Manyways LLC (Trading) requires you to commit to an investment amount (minimum $1,000) for a period of 7 days. Over this week, you can’t withdraw or anything and they say that there will always be…
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Budget 2024 – Capital Gains Tax
An increase in CGT was inevitable with Labour’s first Budget since 2010; however, the increase from 20% to 24% (10% to 18% for the lower rate) is smaller than a lot of people seemed to expect, which is a bit of a relief. As a small investor this won’t be a huge impact although still…
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Alchemist Summary October 2024
As a very brief summary; started well (back over a year ago), proceeded to be excellent, went downhill and then was essentially disastrous! In the current form it is not a viable EA as simply cannot handle a currency having continued strength and in October 2024 has had massive drawdowns and triggered the 40% stop-out…
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Alchemist: Open positions finally closed
The USDCAD positions have finally closed. Although with a loss which does go against what Alchemist claim. Looking at the details, it looks like it’s the swap which has added up and not been taken into account for closing the positions. However, just glad to see the massive drawdown and all the positions closed is…
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Alchemist: Significant drawdown
Some pretty big figures on drawdown. Really tests resilience and confidence in their strategy. Hopefully all the positions will be settled positively, although it’s definitely getting a lot worse than usual. It can definitely start to pray on minds, but historically positions have been resolved although it’s definitely becoming more and more frequent.
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How it all started
Over some Christmas drinks with some friends the idea came about to start publishing my experiences with trading and investing having spent the last few years with stocks and shares (which won’t be the primary focus of this) and then more recently over the last months experimenting with forex, copy trading and the use of…