I ended up losing €2,750 with the trading service, and the overall experience has been mixed. It began quite positively. I joined in early December and started trading with an automated system after depositing €2,000. To my astonishment, within two weeks, my account soared to €4,500. At that moment, I truly believed I had found a reliable service. However, during the third week of December, something strange occurred. My account plummeted to about €50 due to one trader taking excessive risks and over-leveraging. It wasn't just me; numerous accounts in the community suffered similar fates. Shortly thereafter, the trader attempted to scalp during the Asia session, leading to further losses for many. This situation raised serious concerns about risk management and trading psychology. Whether it was emotional trading, revenge trading, or a lack of discipline, it certainly didn't represent professional behavior. They did apologize for the over-leveraging, attributing the December losses to unpredictable market movements, but an apology doesn't restore lost funds, leaving a bitter taste despite my initial hope. Entering January, I wanted to give them another chance and deposited an additional €700. As of today, my account has been wiped out again, this time by both traders. One trader has been particularly underperforming this year; I can't recall him winning more than four trades so far, and his win rate seems closer to 5–10%, which is clearly not sustainable. The other trader understands gold trading well and often wins, but he appears to struggle with trading psychology. After a losing day, he tends to over-leverage to recover losses, reflecting classic revenge trading behavior. He often claims he’s “done for the day” after losses only to resume trading shortly after, breaking his own rules. Each time this happens, the trades result in losses. Anyone knowledgeable about trading understands that emotional trading leads to poor outcomes. In summary, I believe these individuals possess significant trading knowledge, and I’ve learned from them. However, knowledge without discipline and sound psychology is ineffective in the long run. Their risk management is unreliable, and it’s likely your account will suffer over time. Ultimately, I lost €2,750, and I won’t be depositing with them again.
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Archie’s Trading Club is a private trading education group accessible for free. Inside, you’ll find signals from multiple traders, each with at least 5 years of experience, as well as software that can take these trades automatically if you don’t have the time. To help you grow your trading skills, you’ll get access to three complete training programs: one for beginners, one for intermediates, and one for advanced traders. And to follow along in real time, the traders in the group host live market analysis sessions as well as educational live streams, so you can learn and improve under real market conditions.See more
