ffsforex.com Review

There is no relation to the PIPS claimed to have been made and your account. Thankfully I only lost 800 dollars as he did not trade all that much in over 6 months time. He is still doing the 2 Lot 2-step and reporting positive PIPS when he has actually lost money. He is very quick to reply to all emails but he simply can't trade very well...AVOID

Holy Scam Batman..!!! Like Felix I fell for the suckers trap. I bought some of his "snake oil" and lost money. This guy is just like so many others. 2 quick warning signs about his "results": first he has about a 10 pip entry range for each trade( he will always post the best possible price from that range and I/you will probably never get) and second the has 2 exits on each trade. ( again which he will always post the best target reached for each trade, but I/you probably won't get). Bottom line: because of the way that he posts his alerts, I/you could loose over 400 pips! and he can still report a "positive" month!!! Do the math folks, stay away..!!

I had a managed account, started out with a couple of wins, then a string of big losses with a couple of small wins thrown in. He continued to lose money so after about 3 weeks & $800 in losses I cancelled the service. Most of the trades kept getting stopped out by just a few pips. The results he posted on the profiting pips site look nothing like the real results.........

SCAM!!! SCAM!!! SCAM!!! I've dealt with this guy before. The guy claims to be very knowledgeable about the forex market -- he says he's an economist. However, he didn't make me any money in his managed account. in fact, my account lost money under his management. The results on his website are definitely bogus!!! Beware, he has a new associate that goes by name of Todd. He's also a phony. I wish scam artists like these guys would go away!!! There has to be a more honorable way of making a living than scamming people out of their hard-earned money

ProfitingPips alert has miraculously stopped for a week now as of 5/2/2006. I have an account with this site and I don't know when this is going to come back. From my experience, I have lost $2000 in couple of months. I am thinking of closing my account. The pattern I observed is if you follow his alerts about 40-50 pips above or below his advice, you can make money. It is almost sure his alerts can't be followed at the range he prescribes. Hence, I find it very painful to watch most trades ends up in a loss. I don't think it is his intention to make everybody loose money, but very unlucky or something.

Scott can't get a hold of himself can he... He just keeps making up websites... Here is another one to add to the list! www.peakforex.com Same stupid false starting line in the FAQ. "Well, let's start with the fact that we're honest" Same setup on the website... Same 10 day trial... Same Utah address, but again with a different city! SAME SCAM!

I partially concur with the review of ffsforex, but probably only deserve a lower rating, not a scam. On the plus side, Scott did call me personally and answered my questions. I was willing to cut them some slack when he personally told me that +100 pips should equal 4-4.5% profit. During March, weeks 2 and 3 were +117 and -45 respectively for a net of 72 pips. On that basis an account should have grown about 2.5-3%. However, my account was about -2% for that period. That was enough of a red flag for me to pull the plug and get out with a minimal loss. The profit potential of the service according to them is ultimately 40-50% per year-unproven of course and since I have something better decided not to wait around to find out after the red flags.

Checked out www.ffsforex.com & suddenly realized it was the same site under a different name-www.profitingpips.com. Isn't that a coincidence!! One site guarantees 100 pips and the other 150 pips. Who do you trust with your money (other than yourself?)

I am not doing so good with them...I have not been impressed.... I am thinking of terminating my account as well....I dont know why they are doing so bad with such a good track record....