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Author Topic: 4xtradingcoach  (Read 6535 times)

Offline dstillman

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Re: 4xtradingcoach
« Reply #15 on: February 28, 2013, 04:35:24 PM »
I'm up around 50 pips for the month. I ran him for all of February.

+140 best, - 82 worst.

Win rate: approx. 50%.

Max 2 trades, different pairs. About 25 trades for the month.

Reponse to emails: not all of them - just a few and then he stopped. Although he makes a few videos weekly discussing trades and what he's looking for. He told me February was the first month he released the trade copier. I just sent him a question about the other website with the bad review - doubt I'll get a response.

Overall: didnt blow my account yet, I got his ebook for free with the copier and I glanced through it. The +50 pips pays for the subscription.. so I'll let him run a bit longer.

Offline odysseus11

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Re: 4xtradingcoach
« Reply #16 on: February 28, 2013, 05:17:07 PM »
thanks for the review - sounds exactly like what I expected - in truth, a copier that consistently provides anything over +100 pips/month in a stable manner with low DD should be worth checking out, and +200 or better is gold IMO, but +50 is a little weak to be worth the trouble tho, but might just be an exceptionally poor month - please let us know how it goes next month..
http://www.forexfusion.com
stop gambling. start trading.

Offline mcy

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Re: 4xtradingcoach
« Reply #17 on: February 28, 2013, 09:10:09 PM »
I'm up around 50 pips for the month. I ran him for all of February.

+140 best, - 82 worst.

Win rate: approx. 50%.

Max 2 trades, different pairs. About 25 trades for the month.

Reponse to emails: not all of them - just a few and then he stopped. Although he makes a few videos weekly discussing trades and what he's looking for. He told me February was the first month he released the trade copier. I just sent him a question about the other website with the bad review - doubt I'll get a response.

Overall: didnt blow my account yet, I got his ebook for free with the copier and I glanced through it. The +50 pips pays for the subscription.. so I'll let him run a bit longer.

Thank you very much for the information. We hope you'll inform us on the next month. I'll be very grateful for that.

Offline dstillman

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Re: 4xtradingcoach
« Reply #18 on: March 04, 2013, 02:35:06 PM »
Today concludes a full month testing him. Final outcome is breakeven. I'm up from reducing lot size, but pip count is negative.

I'm going to call Joseph a scam, not because of his trading ability - maybe he's actually good, but the way he treats his customers and runs his service.

Here are the reasons:

1) "No you do not have to pay the 4xSolutions monthly fee" - 4xsolutions billed me a separate fee anyway

2) No responses to multiple emails for over 2 weeks. I paid $200, at least spend a few seconds to answer a few simple questions.

3) < 50% win rate, versus the 87.4% win rate claimed on the sales copy for 2012. I sent you an email requesting why, and what should be expected, however you didn't respond.

4) He gets stopped out so frequently.

5) He told me this was the first time he's ever launched this service to the public. The forexpeacearmy review says differently.

6) Ridiculous claims - like someone said, just blowing smoke

7) Video comments on USD/CAD, said he wont re-enter the trade and will just watch for a while, next day he enters that pair and blows 50 pips.

8) On 4xsolutions, you can see previous history a few weeks ago. Previous history went way back, with a few trades (like 2 - 5 trades) each month. The total sum of the pips all was negative for previous months. Then it got deleted so I no longer can see it now.

Joseph Fibonacci is a scam for significantly hyping his product and never responding to simple email requests. Keep things honest and stop deceiving your subscribers.

As for his trading ebook, looks like it's going in my trash bin. All hype, smoke and mirrors.
« Last Edit: March 04, 2013, 02:40:43 PM by dstillman »

Offline odysseus11

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Re: 4xtradingcoach
« Reply #19 on: March 04, 2013, 03:20:09 PM »
sorry to hear that but thanks for the report
http://www.forexfusion.com
stop gambling. start trading.

Offline adele

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Re: 4xtradingcoach
« Reply #20 on: March 07, 2013, 03:24:02 AM »
I wish this guy would spend more time improving his trading skills instead of preparing videos. LOL!

He's a slick marketer, I grant you that. I advise anyone considering this service to STAY AWAY until he provides at least 3 months' verified account statement.

Offline adele

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Re: 4xtradingcoach
« Reply #21 on: March 08, 2013, 03:24:37 AM »
He just sent another email with a video showing how he earned 140 pips today. I know someone who is subscribed to the signal service and he tells me there is no 140-pip trade. His pip tally for this month is a grand total of 4.7 pips!  :o
 
What a scammer!

Offline dstillman

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Re: 4xtradingcoach
« Reply #22 on: March 08, 2013, 05:27:17 AM »
You'd imagine at least I would get that email since I subscribed and it still says my subscription is active.

I bet he's already read this thread.

I don't doubt the +140 pips, just expect 140 pips was blown before he made the +140, or expect him to blow 140 pips right after.

He won 120 - 140 pips twice for me on two separate days.

In terms of strategy, he appears to stick to the plan. If you don't want your account to blow up, I'd say he may still be a safer bet than 90% (guess where I pulled that # from..) of the SPs discussed here.

Edit 3/28/2013:

Joseph is a crook. Do not trust him, do not send money to him, don't bother communicating with him. He sounds authentic and legitimate, but he's a liar.

I resubscribed because he started replying again and he apologized (with a good reason), and he made me enough from my first month to cover the fee. However he did not activate my subscription. He kept telling me 24 hours, 24 hours, and that he'll send 4xservices a notification to activate me. I contacted 4xservices and they tell me his service isn't even active with them. Now he disappeared (once again).

Lesson learned.. once a liar always a liar. I actually believed people can change. Apologies mean absolutely nothing these days.

Joseph is a scammer - stay away. I'm filing a paypal dispute and then a chargeback. 
« Last Edit: March 29, 2013, 06:48:27 AM by dstillman »

Offline odysseus11

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Re: 4xtradingcoach
« Reply #23 on: March 12, 2013, 01:41:28 AM »
same ole same ole - thats why we ALWAYS require a verified myfxbook
http://www.forexfusion.com
stop gambling. start trading.

 

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