I used his secret news weapon, it was good software, obviously he didn't make it, but of course news spike trading itself is very risky, I did make a small amount after some losses but then decided its no way to trade even for just another system to add to the portfolio, so I asked him for a refund and he gave it.
Without a question.
The rest of his crap I wouldn't touch its easy to see its just a way for him to make money without risk, like the 500 other so called experts selling crap and collecting paypal.
Saying Rob Grespi aka Claude aka probably Felix used to work for Deutsch bank and has found some way through his contacts to have bank order trading in his house LOL that is on a closed secure commercial network you cant have it in your house
Wouldn't that ring alarm bells for even a newbie?
I would urge all newbie traders to stay away from him or anything associated with him as the hundreds of reports about his bad conduct cant be ignored.
At the end of the day if its too good to be true then it most probably is.
Stay away from sellers of trading crap if it worked they would be sailing on there yacht not sitting here collecting paypal.
Quote:
Originally Posted by PIPmaker
There is a good book about this kind of upcoming behaviour, that "everybody now is an expert" in forex trading (yeah, right!) I highly recommend to ANYONE trading for less that 2 years and loosing money not knowing why.
Over the past 2 years I methodically tested 50 forex broker firms, 300 bots and about 1200 claims of 'working trading strategies'. Boy - that'll be a much bigger book to uncover all the junk that's floating around (Felix for one).
For example, "highly recognized expert" (by whom?) that I bought the first strategy from, not knowing anything about trading, reversals, retracements, waves, cycles etc. came out - 2 years later with an incredible discovery: Fibonacci levels! Wow - what an expert not even aware of fib levels that are common tools since over 20 years.
Before I get too excited: Agreed. at first I thougth Felix was a good guy somce years ago, especially since I got burned on the very first life trading account (Refco, remember?), and there is nothing worse than gambling with other people's money besides loosing it.
Forex.com, (FXCM), Oanda, GFT, STF, Crown, FXSol, InterbankFX, etc.
From ALL brokers (well, market makers) the Number One is clearly InterbankFX for a lot of good reasons, especially if you mix manual with automated trading. To be bold: Anyone who says something else is just wrong. Who is with me?
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I too got burned by the so called segregated accounts at refco. OTC fx has no regulation or enforcement as commodity brokers do.It merely has registration to stop outright theft.IBFX although you can beat them they shade there data more than say FXDD and make tech systems do silly things in order to cut your profits.Then FXDD freeze prices sometimes and stop hunt also known to close people trades when in profit and heading for more profit.
Really FX pairs although margin less and lots less etc are harder to trade than fx futures because your up against these other man made factors and no regulation when it comes to them ripping you off.