GregsSuccessSignals.com Review

No really, Greg is not honest.
I also have used many EA's but this is the first time I post a review. I have to. The service is really too bad. By the way I also do affiliate, but I can't recommend this.
I started GSS2 in March 2012. I have no trades since 2 months (but still paying monthly fees), and a non realised loss of about 40% of my balance for also about 2 months.
I say this guy is not honest as he lied. Answers he gives for the same question is different from people to people. When I asked if this was an EA trading it, he replied no. But I also know he answered yes to another one who demonstrated trades could only have be done by machines. So, he is not honest.
I'm still running the progam but I have error 401 since few days. I have sent email to support without any reply. No really, this is very bad service.
I saw his video explaining how much time and money he lost before finding the answer to make money. I think his answer was to "take others money". Actually, it is quite obvious. It's business. I also think comments with good rating here are 70% scams, 30% really lucky people who will soon loose (if not yet).

I normally don't place reviews but i am concerned that Greg is delivering a new round of slick marketing videos trying to entice newbies into his fold!!!!!!. I have tried Gregs Success signals , and used the recommended low leverage with a $5000 live account. It was completely blown, even after emailing them, several times for guidance ? I was told to leave it as is because "we know what we are doing" --- obviously they dont!! I am not new to Forex having traded for 4 years. Please beware and if you go for this, trade on demo for at least whatever money back period he is offering. On that note, i did get a refund when i asked for it after sending a copy of my trades in to them. Regards Martin (Aus)

Interesting to read the comments below. I am a reasonably experienced trader and I bought Gregs EA with the thought that I can afford to put the cash out there, I will monitor it well and see what they get up to. Trading against the trend is extremely difficult and you have to have serious algo skills to do this. I put 5000 GPB on the account and let it run. At one stage I was down 2500, but sure enough the account came back and I was in the money. However, I had 3 key trades without any TP levels (strange). I emailed them and they said I should have had a TP at least at 100 pips. I was over 100 pips in the money on all of them and 'manually' closed out the trades. The last trade entry from Gregs EA was on June 15th. Its now July 7th. There have been some great trading opportunities and his EA has done absolutely nothing. The EA has basically been long GBPUSD at crazy levels and when the sentiment turned around, normally it should have put in some sell orders, but it didn't.

So here I am today, with a balance of 6150, but the GBPUSD trades are 620 out of the money just sitting there. Funny thing about it is that 3 of the key trades making up 80% of my present loss were at one stage all at least 30 pips in the money. Again, I am not worried about the losing position at this stage unless GBPUSD hits 1.53 in which case, I break even. But, I find their support extremely poor and the more I stay with them the more I get the feeling that this is a complete waste of my time and money. Look at this way, the guy is a great marketeer and if he has 1000 followers all paying 40 a month, no wonder he can afford to travel like he does.

By the way, I put my EA on an FXCM VPS server which has micro second latency to the FXCM server. He has no excuse for an technical issues. This is after all 2012!

I am in same position as Linda but my $1000 account would have been blown up in about one week but I foolishly put more money in and it was eventually blown out at $4,500 when the Euro and GBP was dropping and they just kept buying it with compunding microlot trades. This is even after I confirmed my settings on the EA with them and was told my $1000 was safe on default microlot settings.

The drawdown was always a concern to me and I was constantly assured that everything is fine in writing several times. Obviously drawdown consumed all my equity and margin even on mimimalist settings.

I got standard emails from them saying 'Your lot size must be too big for your account' - but hang on, I had default smallest micro lots set!

Then ' You should have had 1:50 leverage' - what and who does this I don't know and I feel my account would have been blown even quicker had this been the case. GSS recommends FXCM, Alpari etc etc - all at 1:200 and more!

Then to top it all they tried to blame my internet connection for lost stop losses - Until I told themn we logged their trades from their ISP and no stop losses were in use on any trades and had this backed up by my broker.

So it appears those who come up with the page script of reasons why it is the subscribers fault obviously have no idea of how the trades are issued.

It has become very clear that this service is badly run, not a mirror trader as offered, uses a Martingale method of compounding bad trades and by those who have no concept of risk or account manangement or trading generally.

All I was offered meaningless "Sorry - nothing to do with us".

I note this has been proved as a scam and GSS has been found GUILTY as charged.

Stay well away form anything that has Greg Stefaniak the travelling trader attached to it - as he nothing but a Marketeer and travels with your fees.

Seems like people are having really mixed experiences.
I'm happy with my subscription. Will continue being a member

Been with Greg for 4 weeks and i have 22% increase on my account

Greg should be in Hustler magazine. -50% in one week with no stop loss. Oy.

:-p

Doubled my account in the first 6 weeks. Thought I had finally found something that really worked. The last week before I shut this down my account was stopped out 4 times by the broker due to LARGE drawdowns wipeing out all the profits I had made plus a few hundred more. BEWARE!!!

It seems that people who lost money were either trading with too big leverage or messed up settings.

I'm making money with GSS on a daily basis.

I love this service!

My $1000 account was blown up in one day, when the Euro decided to drop like a stone. The first month was outstanding in terms of the GSS results however the drawdown was always a concern to me even though I was constantly assured that everything is fine. What I've learnt from this experience is things could be all good for a while but when all hell break lose many accounts will go down the drain. I wish I took some of the advice of people who's account were blown and ran while I could but its too late now. All I was offered was my refund and a "Sorry".
Best advice. RUN WHILE YOU CAN