HappyTradersFx.net Review

4.679 • 151 REVIEWS
Out of business
Updated: Apr 13, 2022

Other websites of this company inlude HappyTradersFx.com

Website has not been update for a very long time.  Company appears to be out of business.

Feb. 2016:  Websites are down.

HappyTradersFx.net
Out of business
4.679 • 151 REVIEWS

Recent User Reviews of HappyTradersFx.net

Y
Yogie
Indonesia, Indonesia,
Feb 26, 2016,
Guest

Questioned happy before and he reacted in a bad manner. I had followed his EURJPY with a 200pips floating. And now, I just checked on the website http://www.happytradersfx.net/, is no longer available. Really a professional con.
R
Ron
, USA,
Dec 12, 2013,
Guest

Last year I posted a 1 star rating of this service. That review has mysteriously disappeared.

Review Moderation Team Note: On 2012-08-24, you posted a 2 star review for HappyTradersFx.net. On 2013-12-04, you tried to post a second 2 star review under a different name. Both of your reviews for HappyTradersFx.net have been deleted because of your attempt to spam the reviews.
F
Felix
Sydney, Australia,
May 25, 2013,
Guest

I'm surprise Happy review still on the top of signal service list.

Joined his room 2 years ago, I thought this guy is definitely a crook. He earns his monthly income from subscriptions, NOT from trading low leverage, no stop-loss BS.

I didn't say anything 2 years ago, because I thought I leave it to the community to take him down. However I thought to myself, if everyone who joins him and disappointed and doesn't say anything like me, then that's exactly what happen until now. After 2 years he is still on top with mostly 5 star reviews.

A lot of newbies who start in forex will most probably come to this FPA website and check the review of most signals, just like me 2 years ago. Soon they will try Happy and soon they will realised after 1 month or so, that they are not making money.

Just like what some of the REAL reviewers mentioned. Happy will call trades based on news most of the time. Disregarding price action or to wait for a better entry or setup. At 1 point I asked him, when GBP/JPY was going down, and it reached daily S2 (pivot support), the moved was news based reaction and it was already exhausted, he simply shorted again at the very bottom and soon enough the price retraced back 100 pips after that.

I asked him why would he do that instead of waiting for a better entry. I was a noob myself back then, even then I KNEW that shorting at the very bottom of a support S2 is a very bad idea. But no, just like everyone who questions him, he reacted in a very bad mannered. He shouted and said that He is trading his own account, bla bla bla. YEAH RIGHT, he was angry because he knew I was right, and that was his only explanation.

I tell you what, this guy is a professional CON MAN. Sure once in a while he wins 30 - 70 pips, which he then updated his NO LOSS BS result. There's NO update on loss open trades, which he held for who knows how long. WHO knows if he's ever taken these trades on a LIVE account.

I dare anyone who joins his live trading or HAPPY himself to bring up a trading statement, or better yet attached his trading result to my fx book or similar.

All those who just started to trade fx, please give yourself a favour learn PRICE ACTION, instead of joining this crook.

Cheers
J
JarekM
Gdynia, Poland,
May 6, 2013,
Guest

Well.what can i say,i'm trading with happy for 2 months now and have to tell you that if you're looking for professional trading room with excellent analysis and explanation of every trade before it's even taken and great performance than it's place for you.I've tried many rooms for over 7 years of my trading career and never meet person so helpful and professional like Happy. Performance results are 100% real,as all positions are opened and closed while we all trade with Happy.If someone would really like to trade with professionals and learn about trading, than it's the best solution for you.
J
Jesse
Colorado, USA,
Apr 2, 2012,
Guest

I have been with HappyTradersFX for 4 months now and it is exactly what I was looking for. Happy provides great information and insight into the market that has been very profitable for me. In addition to Happy there are other full time professional traders in the room that have good advice and are very helpful. All the members are very supportive and eager to help you learn and make money. Happy actually teaches you what he looks for when entering a trade and why. When trading is quiet Happy is always available to ask questions and is very thorough in his answers. I have been trading off and on for 3 years now with moderate financial gains. I have been more consistently profitable these past 4 months than the past 3 years. Happy has a unique money management system that is great for the volatility of Forex. I have high hopes for my trading future and Happy is a key element to that success. I would highly recommend Happy’s trading service for anyone who wants to take their trading to the next level.
E
Eric Wong
Melbourne, Australia,
Nov 6, 2011,
Guest

It's been a pleasure to be able to trade with Happy - his professionalism and care is second to none.
I find his advice very understandable and certainly appreciated by a part time trader like Me. Happy adds a whole new dimension to news trading; his analysis is thorough, accurate, defiantly money makeable. Performance wise it has been stellar and I was able to replicate his result without much problem.
Happy defiantly deserves a 5 star for his effort.
E
Egert
Estonia,
Sep 20, 2011,
Guest

Still a proud member of the service after 2 years. I have learned a lot during the years and based on my long experience can suggest Happy-s service to anyone who is interested in knowing how markets work.

The biggest win of using his service is that you can develop a sound strategy that will make you money in all the different market conditions. One side of the coin are trades the other side is money management - I think the latter one is of the utmost importance. Thanks to happy-s money management I havent lost a single dime I put into FX trading at the first place. Instead I've been growing it month-by month.

So if you are in it for the long haul, then Happy's service is surely a thing not to miss.

2011-08-04 5Star I am posting this review, because i think the previous one, by Rahul, is more than a little unfair.

I have been with Happy for two years now, trading with him I have
doubled my account. Yes, Happy keeps many loosing trades open for a long time, but he is able to do this for two reasons 1) all the individual trades are small (IF you follow his money management system) and 2) the trades he takes are always in line with the long term fundamentals.

Trading with Happy my maximum drawdown has been 30%. This was negligible for me in 2009 and 2010, since i made around 8% per month on average. This year has been a different story, as the closed trades have netted for me around +15% for the year, while the maximum drawdown has been 30%. On the face of it this sounds dismal, but one has to keep in mind, that all Happys trades are very well in line with fundamentals, which I value very highly. I would not feel safe trading with someone, who thinks that the market bubble will not burst and AUD and other "risk" currencies will rise indefinitely.

I like this trading style, because it gives me a piece of mind. It can
be slow for periods, but if one reads the interviews of the most
successful and enduring traders who make more than 50% a year on average, they usually admit they have had losing years or very slow years, but the most important thing is not to loose too much. Ever. Having down periods is part of the course.

Happys room is a place where you learn to understand the world economy and to stick to the big picture. He takes care and works hard to explain all the ins and outs and will help the dreamers, who want to double their money every month, land their feet on solid ground (if they do listen...).

2010-09-22 Yet another update by me.

I've now enjoyed the service for over a year now. As a result I've learned so much about forex and trading that finally Im feeling confident about myself and taking my own trades as well. My account is up 144.9% (that is cumulatively). Floating minus is at 8.2%.

I'll just try to give you some points that would summarize the service:

- you'll learn to trade profitably
- the key is to trade small (I trade 0,3% per 100 pips which means i make 0.3% on my account on every 100 pips i bag)
- proper money management will protect you from blowing up your account
- we trade with a drawdown
- and you'll find out that trading small is stress free
- finally dont expect to make 100% over night

Happy's service is ideal if you want to learn about the different correlations on the markets and become a serious trader. You'll also be able to make constant profits and enjoy trading.

Hope to see you in the room!

2010-04-27 5 Stars Hi,

this is another update to my previous posts about this room.

I joined in august 2009. Im up about 85% on my account since October 2009 (started off with demo account since i was new to forex). I have learned Happy's money management system and follow it almost 100% and im truly happy - I trade small dont worry about drawdown and make constant pips. If you are in it for the long term, Happy's trade room is the place to come.

Pips made in April - 1410 and counting.

Today was a very good day for us since we knew what was going on (Greece's and Portugal's credit rating cut) and I earned 265 pips thanks to Happy.

Look forward to seeing you in the room.

2010-01-29 5 Stars This is a follow up to my last reviews.

So in a nutshell I've been trading with happy from late August 2009. At first I was trading with a demo account to get a feel for the room and to forex since I was a newbie in this world. I was successful, then I had to lick my wounds, because I didn't listen to what Happy was saying. Then I started again - much more conservative and starting from the middle of October until now I have grown my account 48%.

What I would like to emphasise is that its been a pleasure trading in his room, since I have learned so much and I have grown a lot of respect towards him. If you are new or if you have suffered losses before, I guarantee you that if you listen to Happy's advice and trade like he does, you will start earning some serious pips.

The key to success for most of us in his room is money management! And I'd say its rather innovative.

Over and out with 180 pips in my pocket today!

2009-12-17 5 Stars Following up on my previous reviews.

First of all Happy has been calling for USD strenght for over a month now. That has been paying off for all the room members big time - we have been making hundreds of pips in the last two weeks.

Second of all I'm up 30% on my account and the key to that is Happy's money management.

Finally, I can't help to stress the most important and most valuable part of the room, which is learning. We can constantly monitor latest news and the correlation of those to price action. I've been learning so much and I value the knowledge much more than the 30%.

If you are looking for a trade room where you will be able to start thinking independently and take weighted decisions based on valuable information given by Happy then the room is definitely for you. Monthly fee can be easily earned back fast by implementing Happy's suggestions.

Joining the room has been probably the best decision I've done this year!

Will keep my posts updated!

2009-11-25 5 Stars Posting another review to let you know how I'm doing with the service - 3 months now.

The service is truly great. I was amazed at the beginning and now after trading for a few months I can tell that Happy is doing a great job. The room is entirely concentrated on trading thus giving you an awesome opportunity to learn forex.

If you follow Happy's suggestions then it is relatively easy to grow your account fast - Im up 10% this month.

2009-10-02 5 Stars As I am new to forex, the last month and and a half have been very educative and interesting for me. The best thing is that you get deep analysis and you can ask for opinion on anything related to forex. Great news coverage is another advantage.

Very happy with happy's service - fast information, great analysis and lots of pips.
B
Ben
Auckland, New Zealand,
Aug 7, 2011,
Guest

I trade for a living. I have been trading full-time since 2004. The technical and fundamental analysis provided by Happy is world class. This does mean Happy will win every trade, but overtime it does give those that take the trades on there own account an edge, there are no certainties in the Forex market. I have been with Happy for over two years and Happy is consistently profitable. Moreover Happy's money management style which is taught in the room is ultra-conservative allowing a peaceful sleep at night. When it comes to news, Happy's setting up, execution and exiting is also world class. If you are a new or experienced please remember only you are fully responsible for the accounts you trade, no one is making you trade. In this room Happy will provide you with world class education on both a technical and fundamental basis, all the latest news as it happens and before the masses get it, a great money management option so you can live a Happy, peaceful life and sleep at night if you decide yourself to use it. Happy is intelligent, educated and relaxed. To be honest Rahul all the nonsense you were typing in the room became a massive impact on the trading of those around you when really you should be thinking about the contribution you could be making to others. Most traders are wrong and invariably more often than not you were. I can say for Happy and a few others taught by Happy in the room (who developed their own style overtime) often a modification of Happy's style are more often right.
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Elliforex
Australia,
Aug 5, 2011,
Guest

Happy continues to run a top rate, professional service with his trading room. He is always helpful with new and old members, and takes the time during quiet market sessions to answer any questions or analyse any chart you wish to look at for technical information, from large to small timeframes to determine the overall direction of the pair and the possible moves it may make within those timeframes. He also takes into account fundamentals of the pair. He has a fantastic knowledge of the fundamentals of the market, and when major news is to be released, will spend quite some time prior, during and after the news telling all in the room what possible outcomes may occur and the after effects.

Happy offers his trading method to all new members, and ensures you know his money management method before you take his trades. This stops you blowing your account sky high, as you are trading small amounts, which you are able to hold on to for some time until they come back to being positive and are closed out. You don’t have to trade this style in the room! You just need to be aware that this is how Happy trades, and believe me, following his method I have been able to make 604 pips this week alone! When I target 700 pips per month (and obtain over that continuously using Happy’s method) this is a good feeling – especially when the markets are in turmoil and difficult to trade during this time of uncertainty in the US and Eurozone.

As I mentioned in a previous review, Happy ensures his room is a positive, friendly environment, and will not tolerate inappropriate behaviour by members. Unfortunately a previous negative review has been made against Happy by Rahul who was restricted from typing (after being adequately warned) due to his behaviour, not because he was (as he claims) “very correct” in his predictions. He was posting conspiracy theories, political and racial views, talking about smoking weed and taking drugs to help his trading every day and even went so far as to suggest the NZ Christchurch Earthquake was deliberate as they needed a crash! These constant outbursts made me very uncomfortable, and I feel Happy did the right thing by banning Rahul from the room.

As you can see for yourself from mine and others’ reviews, Happy runs a first class room, and certainly isn’t a “fluke” at what he does. No-one can call the market perfectly every time. None of us would be able to continue trading if Happy had a narrow-minded approach to trading. Try it out for a month and see for yourself. If you like it, come back for another, and another…! :)

Once again, Thank-You Happy – Keep up the fantastic room! Absolutely wonderful! You have a dedicated member here.

2011-05-15 5 Stars After having my baby, I have returned to Happy's trading room, (having only been there for one month prior to the birth) and am still very impressed with his service. Trading with Happy, using his money management method, has meant I have turned my first month;s trading into a profit of 700 pips (and this was trading conservatively). Never have I been able to do this before. Happy is fantastic he is extremely informative both with news and analysing charts, and is very approachable for help. His trading room is always helpful and everyone is very supportive. Happy will not tolerate anything other, and expertly manages his trading room with a positive environment.

What stands out to me the most about Happy, is his analysis of news and charts. Prior to any major news release, Happy spends around half an hour before the release talking about possible outcomes on various currency pairs, explains what the news is and why it may affect currencies in certain ways, and analyses the charts with technical analysis to back up any predictions he makes regarding the news and the reaction in the nominated pairs. This means that even if you do not use Happy's trading method of trading small sizes and holding, his news information and technical analysis can be used by anyone, regardless of your trading style.

Happy makes sure everyone in his room is aware of his trading style and ensures you study his method before taking any of his trades. He is not a signal service, and will not email each trade out, as there are various reasons for Happy entering each trade, and he wants to be sure you know the trade prior to taking it. In this way he is also teaching you to think for yourself, which I also find very valuable.

During periods of a lull between news times, Happy will often look in depth at technical analysis on a pair. He will go through all timeframes, using indicators and explaining various aspects regarding the indicators, levels, trends etc. It is all shown on the whiteboard of the chat room, where you see his monitor. This is fabulous for learning about technical analysis as Happy has occasionally spent over an hour talking about a particular indicator, or a pair, and the information I have received has been invaluable. The best part is all you have to do is ask!

I cannot thank Happy enough for providing the information he does in his trading room for us. I think it is absolutely brilliant.

Thank you Happy.

2010-07-20 5 Stars I have been with Happy for a month now, and have been thoroughly impressed with his dedication to his service and his community. He makes the time to teach new traders about the market in any way possible, and often shows how to analyse charts, guiding you through his thoughts on what the market may do. He is fantastic with news information, and will often talk for half an hour or more before major news in order to allow you to understand exactly what may happen, and the ways you can trade that news and on which pairs to go long/short on based on the actual result. He gives you a full understanding of what's occurring behind the scenes.

Happy will take the time to help new traders when the market is at a lull to answer any queries you have. His trading style is different to those I've come across, as he trades by percentage and will often hold trades for some time as they may go against him. He will hedge against these drawdowns to manage his account and keep it at a definite level, and stipulates that you must read his forum regarding his trading style, as he does not want you falling into the trap of following every call he makes if you are not there when he makes the call, because you will not know the reasons behind the call.

He works to generate a helpful, educated community within his Trade Room, and everyone I've come across there has been wonderful. I have learnt so much with Happy just in one month, and I have been studying courses and attending seminars for some time. I'm even studying a Grad Dip in Applied Finance to improve my knowledge but just being in Happy's room for a month has given me more of an insight into how the market works than any of the study/seminars I have attended.

Unfortunately as I am about to have another baby I have had to let my subscription lapse for obvious reasons, but when I am back on my feet, I'll definitely be back in Happy's room! Regardless of the fact that I am only trading with a very very small account, and the money I make with Happy does not even come close to covering his subscription, I feel it is well and truly worth it for the information and knowledge acquired from Happy.

If you're looking, as I was, to gain information and a better understanding of how the markets operate, I would definitely recommend you sign up with Happy. This is no ordinary - follow the leader'trade room! It's fantastic realistic and fun at the same time as being extremely informative and valuable, regardless of your account size.

Absolutely fantastic Happy well deserves his five stars!
S
Sam
Dallas, TX,
Aug 4, 2011,
Guest

I have been with Happy since 2010 and I took a break when I relocated. I joined him again recently and I have to say that I have always been and continue to be very happy with Happy's service . Happy does a great job of analyzing the news (before, during and after release). I like it that he uses the news as a trigger for trades. Happy does explain the technical as well and some times does execute trades based on technical, great place to pick few trading skills.
Happy is very committed, teaches how to manage risk well, Happy's money management and technical analysis is impressive. He is careful about newbies, and provides an excellent trading room. Happy is a good guy.

I have been on other trading boards before and I think Rahul (who posted a negative review about happy) has the wrong idea if he expects Happy or any trader for that matter to be spot on all the time. Market can and will go against u at times. I have definitely made money with Happy never taking losses, so I don't know what the problem is. I have been in the same room with Rahul on many occasions and do remember him offering some trading advice although I had no clue which way he was going, I remember Rahul's obsession with AUD/USD hitting 1.13 before 1.03 and going on and on....although again I don't remember him acting on his own advice, I think Rahul (who talks about being stoned a lot) has been smoking one too many....

2010-04-25 5 Stars I have only been with happy for a month but I have to say he is one of the best traders around. He is informative, entertaining and right on the dollar. I definitely recommend his service.