(Please note my date of experience was…
(Please note my date of experience was Jan 2024-Jun 2024) In January 2024 Steven launched a program called Financial Freedom Automation. In this failed experiment, one of Steven's "coaches" would place futures trades in her account and the people that subscribed to this service would link their personal or prop firm accounts to the "coach's" account and "reap" the benefits of this "expert's" success. Prior to launch, Steven claimed that he was able to make over $4,000 in one week with a 100%-win rate with this program.
Well, shortly after signing up for this $1,500/month program in Jan. 2024, I knew it was going to be a complete disaster. First off, there were all kinds of systems issues with linking the accounts together which resulted in orders being closed on the "coach's" side, but remained open on the subscriber's side, resulting in substantial losses. These issues would have been discovered if Steven would have thoroughly tested these systems before going live with the program.
The second issue was that the "coach" wasn't consistent with her order management approach. Several times she could have locked in profit but let the trades slip back into a loss instead. It was quite amazing that Steven was able to get a $4,000+ return in one week with a 100%-win rate with this "coach", but when the program went live, the "coach" came nowhere close to these kinds of returns. How did the "coach" do from Jan-Jun 2024 you might be wondering. The net loss was -$3,400 when all was said and done, not including the cost of the monthly subscription and prop firm fees. Thankfully I did not to link my real money accounts to the "coach" but did blast through several prop accounts thanks to the "coach".
The third issue was that the prop firm that Steven recommended does not allow copy trading from one person to another. Doing so can result in your accounts being terminated. Steven claims that when the program launched in Jan 2024, the prop firm made no mention of this in their terms and conditions. When I contacted the prop firm after this program went to hell, the prop firm said that they have consistently prohibited the use of unauthorized third-party trading services, including copy trading or allowing a person to place trades into another person's account.
When I was finally able to get in contact with Steven directly via e-mail and asked for a refund of the $4,500 I paid in subscription fees for this failed program, he ignored me. I asked him to show me proof that the prop firm he recommended gave him permission to launch a program that involved copy trading from one person to another and he ignored me. I have made several attempts to get a response from him or his support staff to show me where the $4,500 in value was from this program and they have ignored me. Steven will be your best buddy when you're shoveling cash into his programs, but when you call out the BS, he is totally silent and will ignore you.
In closing, buyer beware when it comes to any of these trading "experts". In many cases, you can learn the same techniques and ideas online for free. I will never sign up for another program that does automatic bank withdrawals to pay for the subscription like I did for Steven's Financial Freedom Automation program. When you do this, you are locked in with these "experts" for the duration of the signed agreement whether you're making money or losing money with their program. Lastly, anybody that thinks they have been scammed by any trading "expert" should file a complaint with the FTC. It's quick and easy and could help stop these "experts" from taking people's hard-earned money going forward. Be safe and protect your cash.
8 juli 2024
Review zonder uitnodiging