worldtradesignals.com Review

Do not use this guy. He makes his money off of your subscriptions and recommendations. I'm also embarrased to say I had a managed account with him and he lost over 4500. Please believe me stay away from this guy. I tried to email him and get an answer out of him and you guest it. No answer. Look, there are some good traders out there but he isn't one of them. Stay away from him. Remember when you have a managed account, an professional,successful trader will only charge you a commission of 20% of the profits. Thats why you see the majority of managed accounts starting between 20k to 100k. They want their 20% profits to be high. Amatuers start at 1k to 3k. To make a profit they have to charge 30 to 50% commission off of your profits. Stay away from Pedro. I'm just a traveling man traveling from the west to the east.

I am almost embarrased to admit that I had a "managed account" with GFSignals with Pedro who is now here running his own signals here with this new company.
I got spanked.
Had a very high percentage loss, I think $10K became somewhere between $5 or $6 in record time, a week I think, although this was 10 months ago, so my memory isn't perfect.
When I asked GFSignals what had happened, they mentioned something about "loosing control of the account" but "regained control". The brokers were www.forex.com
I closed the account, but it took them about 2 days after my instruction to close the account and I was further spanked. This really shit me because they were telling me they had to wait to place a trade to offset my positions. How difficult is that, see what's open and cover, it but I was raped.
The results didn't match up with Pedro's published results.
I still don't know who f....d me, but I was definately f....d when I subscribed to a managed account with Pedro when he was at GF.
Was Pedro, GFSignals or forex.com to blame? I don't know. May have been a combination of any of the above. I never did get any satisfactory answers.

Pedro is an honest signal provider. Since last year Pedro has been posting his signals with gfsignals.com. I subscribed for only 5 weeks back in the Spring through gfsignals, and his wins/losses are honest. I feel that he cared about his subscribers' success via email he would send. Back then though I didn't like how he traded the GPY/JPY--sometimes he traded using a 100 pip stop, other times 20 pips, and with GPY/JPY a 20 pip stop is an almost guaranteed loser. He started trading a new system, and it looks like he's doing well with it. I think a real advantage to subscribing through his own site is that he holds chat sessions, where you can recieve signals immediatly and ask questions. I would recommend signing up not through gfsignals, but through Pedro's own site.

I went over the web site and it looked pretty good. I figured i would apply for the free trial picks with the intention of most likely not hearing from them. 15 minutes later i got an email saying I would be getting free picks for a certain number of days. I give them 4 stars for honesty and I will update when I see how picks perform

I signed up for a 1 month trial and all of the results are correct. I'm positive for the month. This guy's strategy is correct about 65% of the time. I really like his trading strategy because it has a real good money management system. Most of the stop loss are 20-30 pips with profit targets of 40-80 pips. The Risk to rewar ratio is 1:2-1:3 very good.
5 starts due to the good money managedment.

I got a free trial and the signals I got and the results posted on the website are the same. I just signed for a month and I'll update you after the month is finish. When you log in to this website, there is nothing to see, only the open positions. I'll give a 3 stars for now.

2007-07-12 update Hey Felix, I finished the month with +270 pips and this guy created a his strategy and he is doing real good with his new strategy. Take a look at his results and they are real good. Sign up for his trial and you'll see. I really recommend this website if you want ot make some pips. I might open a managed account with this guy and I'll give you an update on about a month. I'll send an update after July. I'll give it a 4 stars.