About Bill Poulos
Bill Poulos of ProfitsRun.com is an experienced trader and investment educator. As a retired automotive executive, who holds a bachelor’s degree in Industrial Engineering and a Master’s degree in Business Administration with a major in Finance, he’s relied on his background to help build his own company and help thousands of traders.
What separates Bill Poulos from most other 'how-to gurus' is that he began as a trader and has learned the hard lessons himself, developing the discipline necessary to be profitable on a sustained basis. In his 30+ years of trading experience, Bill has developed dozens of trading systems and methods. He prides himself on providing honest and realistic trading education, and is known for the continuous support and follow-up he offers his students.
The first advice Bill provides is that anyone who's not well educated concerning stocks, options, or Forex should not even think about trading them. It all begins with education. One of the best things that Bill does for his students is offer a slew of free trading materials to build their educational foundation.
35 ‘Bill Poulos’ Reviews
Honest and does what he says
My experience with Bill Poulos and Profits Run has been nothing but positive.
I've tried most of Bill's programs and only asked for a refund on one because I didn't have time to use it. He honored my refund request promptly.
I like Bill because he is honest in his teachings. Sure, his marketing is strong but he always tells the truth and says upfront you will not win every trade. He also tries to discourage you from trading if you don't have the money. That's important.
Trading is risky and I like that Bill focuses on limiting risk with all his programs.
That was long & boring
I clicked a link to his website to view his video. Predictably it has no fastforward, pause, or pictures. It's just the words streaming by as he reads -- which he could simply put into a document, you could skip in a few seconds!
So finally he gives 5 secrets of why people lose money. To make money trading (not investing):
1) Use precision pinpoint trades, not trades over weeks or months.
2) You can short the market too. It's not riskier than being long. (Which isn't true -- since over long time periods the market goes up, though a particular company made go to zero. But shorting isn't as risky as people think.)
3) Ignore the gurus.
4) Spend 20 mins a day placing your trades. No need to sit and watch the ticks go by.
That's it. Well, maybe I missed something because I kept muting it and doing other things. I'd unmute every few seconds to see if he'd stop talking about all the irrelevant sales pitches about spending time with family, and how disappointing it is to lose when trading...along enough to say something useful.
So if you were wondering... now you know and don't have to watch the video. I'm certainly not buying something from someone who at the onset has a product so weak he has to waste tons of my time selling to me, instead of getting to the point and having the valuable product do the selling for him.
Glad I read reviewopedia
I found a lot of plugs for Bill Poulos MarketMastery program, however they were thinly veiled as objective reviews. I finally happened to surf into Reviewpedia and was confronted with scores of negative reviews. I was about to get sucked into one of his deadline offers but have decided against it --knowing that even if he did give a refund which he clearly does not, that I would still get tons of scamail. I recommend that anyone interested in the Bill Poulos program read the reviews here and then subscribe at your own peril. FTR I am not a plugger for reviewpedia-- read the reviews for yourself.
I bought the system and was not happy with it's performance. The big red flag was when Bill started sending me all kinds of other offers. If this one was so good, why would he send me others?
I do not recommend buying anything from Bill Poulos. He makes his money selling programs instead of being a serious trader.
Total scam and good luck getting money back
I tried the instant option course; it’s intended to profit from vertical spreads using the expiration of weekly options. However the cases he shows are usually not tradable, often they will show a trade that will supposedly net a certain credit, but in fact the real trades are not even close to this amount. An example they showed a call spreads for GMCR with a credit of .25 the actual trade shows a credit of .05, the same week they had a credit spread on BMY to net .08, the actual trade was .02. So I decided to cancel and ask for my money back. Supposedly if you cancel within 30 days you receive a full refund. Good luck with that. I first tried cancelling my course and asking for a refund via e-mail. After several attempts I was received an e-mail to call they director of client relations at 248-397-4204. When I called that number it says you have reached Dave … the voice mail then says the mail box is full and hangs up. After trying the phone several times, I sent some threatening emails, finally I received an e-mail saying I had to complete and RMA see attached link, but there was no attached link. Since then I have been unable to get this supposed link, or find a person to talk too, and course now I am past the 30 days.
So RUN, do not sign up for these courses