What happened:
I've known MasterTrader777 for over 3 months now, on the basis of him convincing me into trying out his trading group in which he gives out trading calls, for .77 a week.
I have agreed to join but under terms that if I do NOT make my money back from his calls within the week membership, he will provide me a refund, so I do not come out on a loss, he has agreed to the terms. I have paid him on the 10th of Sept.
Firstly, he told me to long the top of XMR at 0.01935, which fell down to 0.015 after a week+. But Throughout the week he told me to cost average down, which is what I was doing, I was telling him how much and at what prices i was cost averaging down, which he agreed at, I did buy 20-30xmr by mistake, since he told me XMR has good bullish signs.
At the end of the first week I was down by -.5, since if fell down by so much.. However, he told me to baghold and cost average as it will go back up, i did as instructed and sold back at .0185 for a small profit..

Since I didnt make my money back, I wanted him to give me a refund but i gave it another chance.  He then told me to to rebuy into XMR at 0.0174, I have followed his instructions to cost average down, we did that till 0.013, at which point I have given up and sold everything, since I was on a .5 loss once again, only thing this time the price had no chance of going back up so I am stuck with the loss.

However, what makes it a even worse situation is that he is even refusing to give me a refund, for a very peculiar reason, unlike what we have agreed before going through with the deal.
The reasons are that apparently It was my fault because i made the mistake buy due to not listening to his instructions, firstly that was one small occurrence which didn't happen again, you kept telling me the price will go up at that time when i made that buy, and I have sold the XMR which I have bought at that price. Anyhow, it wouldn't have changed the outcome or the terms which we've agreed to, since, based on the calls he gave me i lost money.

I had to close the XMR trade at 0.0125-0.013 since i had notice it barely had any support and take a loss of -0.5. Total loss at almost -1.3BTC including the membership fee.
All I ask is that he acts according to our agreement and compensates me.

Scammers Profile Link:
https://bitcointalk.org/index.php?action=profile;u=423115
Payment Method: Bitcoin
Total loss: BTC1.3
Proof of Payment:
https://blockchain.info/tx/b46fd351a3e84a2d59f229edc483d1db8db43c75cf20ca632ae02928e0a25b1f
https://i.imgur.com/q0J23PM.png
PM/Chat Logs:
https://i.imgur.com/xi5HXID.png
https://i.imgur.com/Zge0XVk.png
https://i.imgur.com/GYyAcvz.png
https://i.imgur.com/TcubpNF.png
https://i.imgur.com/lS97JGy.png
https://i.imgur.com/NgyFwCe.png
https://i.imgur.com/YknyznR.png
https://i.imgur.com/RsKXAOA.png
https://i.imgur.com/k2hvO83.png
Raw: http://pastebin.com/BbYwfgkc
His skype: https://i.imgur.com/nGAZrCI.png
Additional Notes: Chat records are legally binding agreements, you cannot change them how you like, that's like saying it makes sense for a shop to charge you extra money for a previous purchase you've already agreed to the terms of. I hope we can cooperate and solve this issue.  

Mastertrader does have a lot of capital; but I think he went too bullish on XMR following the assumption it would mimic btc after DNM addition - Fairly certain he bought a few hundred btc worth at .022 honestly and no one on polo has really seen him since and he did proclaim in the trollbox he would return at .0246 or something.  Which is more than possible to get to over the course of a year, but no one has strong hands on xmr at these prices.
(I bought 20 btc worth of xmr at 80k-90k level when everyone said I was stupid for doing so and then the price went up 2500% within the 2 month period -- even that huge surge had me sell out at 2200%)

@ op, realistically you shouldn't pay for trading advice; its even unrealistic to read graphs when trading crypto - its all based around community sentiment and can be influenced relatively easy.  So heres the best advice anyone can give you that will eventually prove to work - buy 1 btc in every coin, place the price for twice your purchase price and hold (don't buy already peaked/pumped coins *cough* c2 and pot)

Yes, it was my mistake for paying for trading advice, but you can find some real gems sometimes... You're definitely right about the graphs, that mostly applies to low / medium cap coins though...
The main reason XMR fell in price is because Oasis Market exit scammed...
Thankh you for coming in

Interesting reading. Looks to me like you were clearly scammed. He said he would refund the difference if you made a loss. So he doesn't just owe you the 0.777 that you paid but also the losses you made.

Does the other party have anything to say about this accusation? Refusing to refund because you made a trade that you weren't explicitly told to, while at the same time complaining that you didn't make the CLAM sell when you weren't explicitly told to is just priceless:

Yes, that's right, I've been completely scammed..
We have not agreed that he wont have to provide a refund if i make a trade without letting him know, its an invalid argument. Reality is, even if i did not make that thread, it wouldn't have impacted the outcome, i would still be here with a open thread, he'd just have some other invalid excuse..
He's got a bit of double think going on, he was also pretending like he expected the dump, when he explicitly said otherwise previously..
I really hope we can solve this issue, im fucked if its not solved.. Can't just let this kind of money slide..



Thankh you for looking into this issue.

I left him some feedback on his profile. It links to this thread, so maybe that will help him find it.

Agreed and the OP admitted he bought XMR by mistake so he was not following the instructions properly.

You panic bought XMR at .0185 and I never told you to do such a thing.

I have all the screen shots of the conversation where he admitted that he didn't follow directions.

Its funny to me that after this guy admitted he didn't follow directions hes going to still cry about a loss.

The guy panic bought my 180's pump like an idiot, when I told him to be selling during the pump.

I haven't scammed you at all!

I have kept open communication with you, and respected you to the fullest extent.

You DIDN'T follow instructions.

You bought when I told you to SELL.

You just are so out of line starting a thread like this.

Its sort of funny to be honest.

Please delete the undeserved feedback.

Thanks.

It's funny when you have to resort to name calling, notice I've not insulted you on this thread at all, I have made my points respectfully.

I don't need to sugar coat my arguments.

YOU are going to reimburse me for the 0.78BTC which I have paid you for the trading advice, AND for the 0.5BTC which I have lost in the process of your bad calls, minus the loss of the mistake trade which i made, considering that I sold that XMR at 0.018.
Which is fair, here is the proof that you have provided me with a guarantee.

[9/10/2016 5:21:53 PM] Wolfgang: Okay, before i send the .777, the terms of the trade is that if i dont make a total of .777 or more than that for the week, you will pay back the difference, so itll be all covered.
[9/10/2016 5:22:08 PM] Rich Trader: That's correct.
[9/10/2016 5:22:12 PM] Wolfgang: Ok
[9/10/2016 5:22:13 PM] Wolfgang: will send now
That's a written agreement.

If you think that 2 weeks of "Advice" has helped me any bit, in fact made matters worse as i lost even more money, then you've got the wrong person to fool.

We didn't agree to no free advice, no such thing as that.

You had a month and 10+ days to provide me with some good calls, the only ok call you've given me is CLAMS, was only a small rise and i didn't make much, since i followed your instructions, even then you didn't even bother providing instructions at what price you sell.

Oh I was scammed,  you're playing dirty. I understand you dont always, but we came to agreement that if it were to happen you'd re-compensate me.

Hey, I'm not crying, I'm trying to solve this issue, protecting my money, anyone would be doing the same thing as me, and showing people who they're investing in.