fxtss.com Review

This is Auto Trading software with Sam Walters (not his real name - he is an Arab from Dubai, UAE with an impossible name). His software just loses money consistently as it enters too many trades and gets stopped out too easily. Also, it doesn't take profits readily, and the profits disappear, and turn into losses. I bought a two month subscription, and Sam turned off my system after 6 weeks, probably because I kept emailing him about making more changes to his software. In the 6 weeks I used it, there were three versions. Instead of making improvements, the changes just accelerated the losses. Don't even think about using this system. It is a loser.

This service started out in April 2006, for 185usd for two months. He has been increasing his subscription monthly at exponential rate, in july it is at 800usd for 2 months. The loss in pips which he displays in the performance page does not include the spread, due to his high frequency of trade, 321 trades for june mostly losses, 502 trades so far for july. He operates another website, which was started earlier maybe beginning of 2006. the signals are the same and sent by email as forex signals. Please do not subscribe to him, it is a waste of your precious time.

This Auto-Trading is also known as trading with Sam Walters, his English name. His location is Dubai, UAE. Six people I know subscribed to his system, and everybody lost money. I asked Sam for a refund for the unused months. Of course, I never heard back from him again. Well, working out of Dubai has its advantages.

Auto Trading with Sam: A "friend" sent me a link to this site along with some statements showing good gains using Auto Trading (AT) software. Unfortunately, he only sent the good news, and never the bad news. AT loses money by the bucket load in choppy, oscillating markets. The person who rents the software is Sleiman Wajdi Aboul Hosn, out of Dubai, UAE. His site claims an amazing amount of pips gained (too good to be true?) To add insult to injury, Sam has increased his prices for the software, doubling his price in one month! This tells me he needs to continue the illusion of success and is attempting to suck the market dry before his SCAM comes crashing down. The AT software often enters trades in the wrong direction, buying at the top, selling at the bottom. Also, it will close trades that retrace, then reopen the trade immediately. That cost 2-5 pips which adds up when the AT does 30-50 trades/day. I have seen the software lose in excess of 400 pips/day for several days in a row. That hurts even when I was running it at a penny/pip! Imagine losing 1200 - 1300 pips/week.... Knowing that, do you feel like renting the software for $800 for two months? Sam has revised the software 3 times in the month that I used it. Even the 3rd revision continues to lose 400 pips/day. Guess what happened when I emailed Sam every day for a week asking for a refund for the second month. Well, to give him the benefit of the doubt, he may have died. That is about the only excuse I will accept for not hearing back from him.