Who got ripped off by Simon at TW50

[Julian Edwards]

Simon is the guy who runs this service and has enticed many people to his premium signals room and "autotrade service" via Tallinex brokers.

He has now disappeared and everyones accounts are diminishing rapidly.

Over 200 members have open trades in managed accounts with TW50, have no stop losses and are all losing money with their equity disminishing rapidly.

Trades opened both ways and new trades being opened every day still.

Has anyone else had a bad experience with this guy?

 

[Pharaoh]

Before anything else, get in touch with Tallinex and ask for help dealing with the open trades.

 

[Julian Edwards]

Most of the autotrade members have now done this, but because it was a managed account, Tallinex offered to detach the account from the management of Simon/TW50.

To do this, Tallinex explained that all open trades needed to be closed resulting in massive losses for all involved, so no real help other than Simon no longer has control of the money.

All Autotrade members have lost a serious bulk of their initial investment.

Thank You Pharaoh for your comments.

 

[Pharaoh]

You can take the massive loss now, or you can wait around and see what happens. Maybe the open positions will improve. Maybe you will lose everything.

 

[Julian Edwards]

You can take the massive loss now, or you can wait around and see what happens. Maybe the open positions will improve. Maybe you will lose everything.

Yes, that is what all members have done, taken the losses. Couldn't afford to have Simon controlling the money any longer.

What's even more annoying is that he will not respond or give any explanation or reasons as to why he has disappeared.

 

[Ryan Wollacott]

Really thought I had found a genuine guy here who had a good service going on. How I was wrong! Put in $7200 in the autotrade and came out withdrawing $3700 which is a massive loss. To make things worse there was no reason to why it had gone all downhill as Simon had vanished.