Stop Looking at Profit Screenshots! Professional Investors Only Trust "Myfxbook Verified"
There is a famous saying in the trading world: "If you don't have a third-party verified track record, everything you say is nonsense."
When you see those tempting "blue profit screenshots" or "100% win rate reports" on Telegram, please calm down and ask yourself one question: Is this data real? In an era where image editing software and demo accounts are rampant, the cost of a screenshot is almost zero.
As a responsible quantitative team, we will teach you how to use Myfxbook to identify the truth, just like institutional investors do.
When you see those tempting "blue profit screenshots" or "100% win rate reports" on Telegram, please calm down and ask yourself one question: Is this data real? In an era where image editing software and demo accounts are rampant, the cost of a screenshot is almost zero.
As a responsible quantitative team, we will teach you how to use Myfxbook to identify the truth, just like institutional investors do.
1. Why MT4 / MT5 Screenshots Are Untrustworthy?
Screenshots only present static results and fail to reflect the true source of funds and overall risk management.- Demo Accounts Treated as Live:
Scammers can use demo accounts with unlimited credit to place "suicidal" heavy positions at will. If they get lucky and profit once, they take a screenshot to show off; if they lose, they simply delete the account and open a new one, incurring zero real capital cost. - Modified History Records:
There are many "modification plugins" or web source code editing tools developed for MT4/MT5 on the market. Scammers can arbitrarily change entry prices, closing prices, lot sizes, and even final profit amounts to create a screenshot of a seemingly perfect "god-tier trade." - Partial Display and Survivor Bias:
They only show you positions that have already been closed for a profit. Those "Floating Losses" on the books—which are massive and could lead to an account blow-up at any time—completely disappear from the history screenshots.
Warning: An increase in account Balance does not mean the account is safe; you must check the Equity to know the real situation.
2. Myfxbook: The "Only Truth" in the Forex World
Myfxbook is an independent third-party auditing platform. It directly connects to the underlying data of the trading account and cannot be tampered with manually. When you view an account, be sure to look for those two "green checkmarks":
✅ Track Record Verified:
This means the data is read directly from the broker's server, leaving no possibility for modification.
✅ Trading Privileges Verified:
This means the publisher actually has control over this account, rather than just stealing someone else's screenshot.
If a "guru" or teacher refuses to provide a Myfxbook link, or if the link lacks these two checkmarks, block them immediately.
This means the data is read directly from the broker's server, leaving no possibility for modification.
✅ Trading Privileges Verified:
This means the publisher actually has control over this account, rather than just stealing someone else's screenshot.
If a "guru" or teacher refuses to provide a Myfxbook link, or if the link lacks these two checkmarks, block them immediately.
3. Don't Look at "How Much Earned," Look at "How Much Dropped" (Drawdown)
Novices look at profit; veterans look at drawdown (Drawdown, abbreviated as DD).If an account has earned 100% but experienced a maximum drawdown of 80% in the process, it means it could blow up at any time. This isn't trading; it's gambling with your life.
Professional Standard: We pursue a smooth upward-sloping curve. A system that can control the maximum drawdown within 10%~20% and consistently remain profitable is a truly trustworthy quantitative model.
4. Balance vs. Equity: Exposing the Floating Loss Trap
Many "scammer gurus" show a constantly rising "Balance," but their "Equity curve" is plunging into an abyss. This means they refuse to use stop-losses and are holding massive floating losses in the account. Once the market fails to reverse, the account hits zero instantly.On Myfxbook: You can see if the red equity line is closely following the yellow balance line. If the two diverge too far, run away!