If you are decent trader, you can take $1500 account to start and build on that instead of dealing with OPM, buyer beware.
Yes, I am convinced he is not for real. This will not end with me losing money, because he is not getting one dime from me.
You keep saying this but I don't see any attachments to statements in this thread? Are you going to show us or no?
Only accept 3rd party verification, like C2. Even with those sometimes there is a glitch that can be exploited. But anyway, if something is too good to be true, blah-blah-blah. If he is that good he could just use a CC for trading and pay back the interest in no time, no need to ask for private money...
There are a ton of red flags here. Why is this guy not just trading his own money? Why does he need others to trade for him? Demo accounts are in my opinion useless. Sorry, but their is a WORLD of difference trading real money vs trading on the sim. From a psychological point you can't even compare the 2. There are plenty of way to game a simulator as well. A lot of the sim software out there let you add manual fills. TT used to back in the day. At one of my old firms new guys would go on the sim and 99% of them made money. Probably because there is a lot less pressure psychologically, and some of course just added manual fills. But I have rarely met traders who have lost on a simulator. Again...if this guy is so good why isn't he trading a real account ? I won't even go into much detail about the 50k to 161k in a week thing. That's borderline hilarious. Again....on demo it might as well been 500k to 10 million. Means squat. He would be better off opening up a tiny retail account and going from 1500 real dollars to 4500 in a week. Another problem is some demos are delayed, so he could easily again be gaming the software vs a live quote. Especially around economic releases. If he had a delayed quote after the fed meeting then he should have been able to turn 50k in monopoly money to 400-500k. My advice:
I'm not even sure I understand the complexity of your problem. All you are doing is posting a statement from a demo account. If there is actual personal info on here, like a name and address, then block this out. But since everyone seems to doubt everything about this guy, even you, then I'm not sure what the problem will be. The fact that you say you logged in to verify this account and trades multiple times should actually give YOU some proof, but this isn't any of us can verify since some people in here doubt that you are being honest about this. If I were, if I saw him put on trades in the account, if I saw that something was bought at a certain price, and I could see that this was in real time, and I saw when it was sold, in real time, and I saw this for 10-20 trades, then I would have to strongly think he knows what he is doing. But for us, none of this will be in real time, but at least a statement will be one step.