Comments on: Greg’s Success Signals Rating

By: Jonny

Jonny — Sun, 10 Mar 2013 21:21:39 +0000

He is back as Pip Cloner. He shut it down already saying “sold out” as before. He’ll be back again as something else in 6 months.

By: Phil

Phil — Wed, 30 May 2012 15:13:20 +0000

Had it running on a demo account with $5000 for 4 days and was clearly making money. Decided to run the EA on my MT4 FXCM account with 5000 GBP. After 1 week, I am down around 750 GBP. The EA is long both cable and EURUSD. The trend for both these pairs is still bearish and the EA fights the trend. Sure, if the market turns around, then it should make a profit, but I am going to have to see cable return to the 1.58 level just to break even. So far not impressed.

By: Rich

Rich — Mon, 28 May 2012 04:39:27 +0000

I ran it according to his statements and at very cautious settings for about 6 weeks. The drawdown eventually ate up my account with about 20 open trades running at the time. Several with dd of 300 to 400 pips. I highly recommend stay away from it.

By: Weston

Weston — Wed, 16 May 2012 20:56:05 +0000

I’ve been using it live for about 6 weeks. It is pitched as a hand-selected eyes-on service in which Greg selectively enters trades. It is not that. This is a robot that enters trades using a specific algorithm and copies these trades to my account. The formula is a martingale strategy in which the EA enters .01, .01, .01, .03, 06, .09, .12, etc. I can’t say it’s a bad system, although I’m in a good-sized drawdown presently, but it is NOT what is pitched. I already own several similar robots and I don’t need to pay $47 every month for this. I’m asking for a refund.

By: Xander

Xander — Tue, 03 Apr 2012 14:41:14 +0000

Sounds more like Greg’s suck-egg signals

By: ted

ted — Sat, 31 Mar 2012 21:56:29 +0000

Tried Greg and not happy with style of trading one bit.
He has plugged a maniac EA that leaves you to massive risk.. 10 open trades with no stops. I was down 500 pips at one stage and guess what he doesn’t even ask what size acct you have hooked into the system.. Trades like a robot using a form of grid .. Good long term luck with this.

By: Mark

Mark — Thu, 29 Mar 2012 12:13:45 +0000

Not sure about this one either Rosco. Have had it running on a $5000 demo account about for 9 days now and it has made a profit of $479.31 on many 0.1 trades using both GBP/USD and EUR/USD which seems all well and good. However there are too many open trades at the moment (12) which at one point on Tuesday were running at a greater loss than all my gains.

It’s almost as if no one is at the wheel driving this. Certainly seems to point to a signal system connected to some EA or other especially since Greg’s website says he only trades 7-10 mins per day. Excellent! Then who’s trades are we getting exactly.

I have seen an EA that performs just like this but can’t recall which one. The lack of stop-loss and the huge sums needed to keep yourself on track make this a little undesirable. That on top of the fact there only seem to be a tiny amount of independent reviews on the web, the rest are all affiliate copied repetitive rubbish.

Anyway, will see what happens

By: rosco

rosco — Tue, 27 Mar 2012 14:07:31 +0000

I dont know, got the basic signal, put it on a demo account where it instantly opened 8 positions.. 6 short and 2 long (eurusd and gbpusd) @ market open yesterday.
Little strange for a signal service to have 8 signals @ market open i guess?
If you’d like i can open a mt4i account just let me know..
I’ll keep you posted during the 60day moneyback period anyway 🙂