In our German local section, mr.relax committed already an offence recently:
mr.relax luring readers into risky trades (and therefore losing Sats)After his previous offence, it didnt take long for him to commit a new one, where he once again made misleading claims about his technical analysis (TA) trading strategy - and then sent me a negative trust after I criticized him...
In addition to his unproven and bold claims, which he made already previously such like, that his technical analysis strategy would be
"4-7 times more profitable than HODL" (
archived)
"outstandingly better than HODL" (
archived)
he created a new topic called
"Trendtrading" (trend trading), where he claimed to "prove" his strategy.
So far, theres nothing wrong about creating such a topic and documenting his technical analysis strategy. Quite the opposite: Im in favor of new and interesting topics.
But the problem of mr.relax and his topic: it has been intransparent from the beginning and just to be there to "prove" that his recent bold claims about TA have been right by using misleading strategies.
To "prove" his strategy, mr.relax resorted to a number of clumsy manipulations to make his strategy look better:
- his entry time for his first trade in his topic was misleading: while mr.relax started his topic on February 07, 2023, he dated his trade back to January 14, 2023 while Bitcoins price had already risen massively making his trade look better. And if his trade from January 14, 2023 wouldnt have worked out, we would have never heard from it. But now, he presented it as "successful". It's always easy to point out, that a trade has been successful after it happened. His fraudulent tactics have been covered in mr.relax luring readers into risky trades (and therefore losing Sats) already.
- After I asked him to post a trading chart to prove that his indicators were indeed showing a change in trend at that time, he refused to do so because he claimed he doesnt want to reveal his strategy and if he does, it would result in endangering his strategy because "everyone would use it". Sure, if everyone on Bitcointalk had such a power to move markets and decides to use his unproven strategy...

- He didn't make realistic considerations to add trading fees and taxes into his trades refusing to include fees and taxes would benefit his trading strategy even more but to have a realistic review of strategy, he need to include trading fees and taxes so far, he didn't make proper considerations.
- mr.relax repeated his misleading claims of "4-7x more profitable than HODL" several times.
After I criticized his intransparent approach and misleading claims (because his calculations are massively sugarcoated) and I suggested to be more transparent and less misleading, he childishly demanded from mole0815 to close his topic (because I exposed him) and mr.relax left me a negative trust feedback - LOL.

Its outright abuse of negative trust from mr.relax.
tl;drIn our German section, mr.relax abused negative Trust, which he left on my account, just because I criticized his misleading claims and intransparent Technical Analysis (TA trading) strategy topic.
Since mr.relax is DT2 currently (nowadays many clueless and / or fraudulent accounts are in DT2, he should be distrusted for abusing negative trust feedback.
Conclusion: ~mr.relax