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Originally Posted by David S.
Myself, I have yet to meet someone that has made money in the kingforexsignals room but I sure know several that have lost a bunch.
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Well you can add me to the list!
I've kept quiet about it up until now, but seeing that I'm not the only victim, has given me the courage to speak-out against this scam.
I started out trading with Rob Grespinet when Felix first brought him onboard and, for the month of June at least, I can verify everything that has been said by David S.:
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Originally Posted by David S.
Rob's initial performance (first 4-5 months) was just absolutely horrible. He would buy at tops and sell at bottoms with amazing accuracy!
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I thought I would never touch KingForexSignals again after that brutal performance, but like David S., I too fell for the hype and rejoined at the end of January.
I have to admit, I just cancelled my KingForexSignals subscription a few weeks ago. Unfortunately, this second time go around didn't go any better than the first. Once again I consistantly lost money trading with Rob.
I'm not saying I lost money every day, but when your losing days outnumber the winning days 2 to 1 and the average pip P&L on the losing days is double that of the winning days, I'd say that's pretty much a consistant losing track record.
To "add insult to injury" they have the nerve to refer to anyone that leaves the room as "unloyal" and "a low quality trader". This just goes to show that there are some major problems at KFS. Rob has even written a letter to the subscribers threatening to disallow them from comming back for 6 months if they leave, in order to stop the "revolving door". I think Rob will be the one out the door soon. I can't believe Felix has this bum around ruining his good reputation. They must be VERY good friends.
I'm not going to blame Rob for the fact that I lost money again. That I take full responsibility for. I can't believe I was stupid enough to go ahead and trade real money with Rob without even testing-out his service on demo first. That's why I was too embarrassed to talk about it until now.
Like they say "
Fool me once, shame on you. Fool me twice, shame on me".
News Pipper