GUILTY Case# 2017-055 | jeffie1 vs mygoldensignals.com

[jeffie1]

Original FPA Traders Court Submission:

I am submitting the case against: www.mygoldensignals.com

My Case is: On March 15, 2017 I purchased a 20 Minute Nadex Binary Strategy from Richard Neal through his website My Golden Signals. I did so based on his claims that this strategy has a 90% ITM win rate.

As advertised in his YouTube Videos, the strategy was very simple to use and place trades with. However, from April 10, 2017 thru June 1, 2017 I used the strategy to make 100 trades (1 contract each) on my Nadex Demo Account. Out of 100 trades taken, only 73 closed ITM resulting in a very disappointing win rate of 73%.

As it became apparent that he scammed me with false win rate results, I requested a refund 3 different times. His only reply was to my first request in which he stated I wasn't following the strategy according to "certain times" to trade. Since I had followed the rules to the letter (as shown in my trade record that I sent him) his reply was invalid double-talk.

The Nadex platform has a blue background at the top for Live accounts and a green background for Demo Accounts. Scammers don't reveal the top of their platform in their promotional YouTube videos. This is important because it reveals that they don't have real money on-the- line in the trades on their videos. This is the method Richard Neal and My Golden Signals uses as well.

Beware of Richard Neal and his business My Golden Signals. He will scam you!

New thread in the Scam Alerts Folder:

• MY GOLDEN SIGNALS AND RICHARD NEAL ARE SCAMMERS
  

Review is submitted by My Golden Signals on 06/13/17

The company was first contacted about the issue on 06/05/17 the last contact was on 06/07/17

Details: After my first request for a refund I received this one and only reply:

From: Richard Neal <richnealthelifecoach@gmail.com>
To: Jeff <.com>
Sent: Monday, June 5, 2017 9:27 AM
Subject: Re: 20 Minute Nadex Strategy


In short the strategy is Non- refundable. There are certain times you have to stay out of the market. Please pay attention to the extra keys video below.

Company representatives' emails: Richard Neal <richard_d_neal@yahoo.com>
Richard Neal <richnealthelifecoach@gmail.com>

 

[AsstModerator]

I looked at where you invited him to your Scam Alerts thread. It looks like you just told him to come to the FPA and find your thread in Scam Alerts. Can you please send another invitation and ask him to come directly to your thread at this link...

https://www.forexpeacearmy.com/comm...-signals-and-richard-neal-are-scammers.50789/

Please post an update in your Scam Alerts thread and this Traders Court thread when you've done that.

 

[jeffie1]

I looked at where you invited him to your Scam Alerts thread. It looks like you just told him to come to the FPA and find your thread in Scam Alerts. Can you please send another invitation and ask him to come directly to your thread at this link...

https://www.forexpeacearmy.com/comm...-signals-and-richard-neal-are-scammers.50789/

Please post an update in your Scam Alerts thread and this Traders Court thread when you've done that.

As you instructed, emails uploaded below. Thanks, Jeff

 

[jeffie1]

As you instructed, emails uploaded below. Thanks, Jeff

As of today, June 20, 2017, I have not received any further communication from Richard Neal and/or My Golden Signals.

 

[AsstModerator]

I've just sent a formal FPA invitation to the addresses you provided. Please post an update in Friday afternoon or sometime Saturday to let me know if you've heard back or not.

 

[jeffie1]

I've just sent a formal FPA invitation to the addresses you provided. Please post an update in Friday afternoon or sometime Saturday to let me know if you've heard back or not.

Will do.....thanks, Jeff

 

[AsstModerator]

Richard wrote back...

"This all a matter of opinion. I have served hundreds and only 1 has come out with this. I would like to do a live training session with him and find out if he was really using all the updated keys I sent him so he could find success. Chances are he went in on the wrong days. There are wrong tomes and wrong days. The fact is this strategy has been good for a lot of people and I would like to see if he truly tried to give it a chance before he gave up. "

I've asked him to email you. I told him he could CC me if he likes.

 

[jeffie1]

Richard wrote back...

"This all a matter of opinion. I have served hundreds and only 1 has come out with this. I would like to do a live training session with him and find out if he was really using all the updated keys I sent him so he could find success. Chances are he went in on the wrong days. There are wrong tomes and wrong days. The fact is this strategy has been good for a lot of people and I would like to see if he truly tried to give it a chance before he gave up. "

I've asked him to email you. I told him he could CC me if he likes.

I'll wait to hear from him and let you know if he contacts me. To break down his email reply to you: "This all a matter of opinion". NO, it's a matter of fact. My evidence stands on it own. My trade results from 100 trades over a 2 month period was more than a sufficient test. I followed every aspect of his instructions including not trading "wrong tomes and wrong days". Again, this issue is addressed in my uploaded trade results for this case.

 

[jeffie1]

I've just sent a formal FPA invitation to the addresses you provided. Please post an update in Friday afternoon or sometime Saturday to let me know if you've heard back or not.

As of today Sunday, June 25, 2017, I have received NO further communication from Richard Neal or My Golden Signals.

 

[AsstModerator]

I've let him know that you haven't heard back from him. Would it be alright with you if I emailed you and Richard at the same time?