I joined to this scammer on March 10 when I saw at FPA his performance from February and money back guarantee. On the last day of the March result on my account was +151 pips on closed trades and -532 pips on 2 open trades.
Since his equity is deeply negative and he doesn’t use SL I asked for refund. 'Peter' answered that his account is positive and he refused refund. From this we can see how is scamming his subscribers:
- Not to have negative results his trading strategy is to hold negative positions and hope market will turn some day in his way and he will recover big DD.
- Consequence of that way of trading is – he don’t use SL. At this moment on April 2nd he has 2 sell gbp/usd with DD of -341 and -247 pips. He didn’t write on his web site he doesn’t use SL and subscribers can expect big DD too. And he added one more sell on eur/usd even which is negative too -42 pips.
Conclusion: PFS aka Peter is just another scamming signal provider trying to collect some money and run away obviously.