'Bill Poulos Reviews - Legit or Scam?
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Bill Poulos Reviews

Legit or Scam?

 

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.  All too many times people get suckered in by smooth talking gurus who've never even had a live trading account.

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.

However, it's important to understand that there's no one investor out there with all the answers.  It's up to you to learn as much as you can through a variety of resources in order to understand the big picture of trading.

 

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Customer Responses, Reviews, or Complaints for 'Bill Poulos'

 

Average Rating is 3.32 out of 5 based on 21 reviews.

barf   germany

6:42pm on November 30th, 2011 

bs nothing more

marketing by exaggeration and honoring himself as honest

systems are nothing special. repackaged in thousand forms. available everywhere. very limited use.

you will not learn to trade with that one

but you can help him get rich quick so go ahead and give him your money you don't need it anyway

Chris P   Vancouver BC

12:46am on October 7th, 2011 

I think Poulos is a big scam. There is no support, one never gets any replies to emails. Using his Forex Profit Accelerator I lost money. Very few positive trades. I even paid for one on one tuition which was useless. This was provided via Poulos by the Beacon Learning Group, "Learning" what a joke. This also provided access to their resource Centre. When I contacted them for some advice the person I spoke to didn't have a clue on the FPA and couldn't help me much on Forex.

The only thing I get from Poulos is continuous emails, which clog up my inbox, trying to sell products even though I have unsubscribed from their mailing list. Whats even worse is that other Forex Traders also try and sell you Poulos' junk. My advice stay away from him or throw your money down the drain.
Tom I hope this helps you decide.

P.S I unfortunately paid more for the course than he is now selling it for. When I asked for a refund as it was useless I was told they don't give refunds!!! So much for money back guarantee.
There are a lot of free indicators out there which I have foung much more helfull.


John   US

4:29am on August 2nd, 2011 

I bought the FIE Trade Alert software. I have more loosing trade almost 80 % when I use this software. I have sent back the course material and ask for the refund, no response from profits run. Please Stay away. It is a well planned scam.

Dave P Jackson   UK

3:16pm on June 16th, 2011 

Re the FIE. Traded it solidly for 24 hours to see if the claims were true. Frankly, I personally would not use this product. I used only a demo account but the losses were heavy even sticking to the 2% rule. Over 75% of trades in that period were losses. The guarantee is to trade the FIE for 2 weeks in the 60 day period. However, It would not make any difference to how the software worked. It is probably fine in a trending market but put a little volatility in and wham.....loss after loss after loss! I am an experienced trader but wanted a more automated system so I did not have to be chained to a screen all day and using the forex (of which I am NOT that experienced). This one certainly is not it. The 'free trade' is a farce. In the UK we use trailing stops but even this did not stop the losses mounting.

Maybe ok for the real novice but anyone experienced...stay away.

Robert D   San Francisco

10:01pm on March 18th, 2011 

I have to give a fair rating because the training is good. Additionally he gives your email out. I got thousands of UNWANTED emails. After asking his folks to take me off the list they disavow any collusion. I coded my name so I would know who gave it out. He uses SNAKE OIL"" marketing practices. His current offering Portfolio Profit: he is tell folks to get on a list to get it right away before he closes the offer. He is still analyzing the price!! Hell no he trying to see how many are listening to his BS and will set the price according to demand. That is why he is not tell you what the price is,,, it is all about HYPE. That diminishes his credibility in my eyes.
And LAST -even if you get a money back guarantee, he has your money in his bank making money and how many people actually take the time to get their money back.

Brian Woodward   Toronto

7:49pm on March 10th, 2011

If this program really works then the day will come that no one will make money on the stock market.No more losses, no more depressions.

brian woodward   toronto

7:44pm on March 10th, 2011 

I personally had reached a dead end in my pursuit of effective education involving stock trading as I have some education at university.As a course all by itself (Swing Trading) it has provided structure and for forty dollars you can't go wrong, but I did not appreciate the hard sell product immediately after the purchase of a second product. I immediately put a stop order on that but it still could be a good purchase, at least, I am intrigued. Note: I am still beginning the program.

Mitchell Hiller   NJ

3:08pm on January 2nd, 2011 

One thing's for sure: Mr Poulos makes ridiculously dishonest claims. Does that mean his methods don't work? Can't say for sure, but when he claims to teach a 0% risk strategy he is outright lieing. The truth is, if you MAKE MONEY right out of the gate THEN the remainder of the trade sells are in a 'can't lose money' zone. Is this 0% risk free, or the words of a hukster, or a misleading exaggerator? Could be any of the above. But dishonesty from word one does not bode well.

Tom C   Texas

10:35am on December 15th, 2010 

DO NOT GET INTO THIS SCAM!!

Doug   Nebraska

12:09pm on August 3rd, 2010 

Investor Beware! Its an unintelligible collection of random thoughts by a father and son team that are trying to get rich quick on the internet. Go ahead and give them your credit card and see what happens.

michael   NY, NY

1:23am on June 5th, 2010 

I bought Bill's Forex income engine, and Forex profit accelerator, Although it's used but in mint condition. I must say both this program did help me gain profit on Forex market as advertise by Bill. Techniques taught was very useful.

Angela   NY NY

2:50am on August 9th, 2009 

Just bought Forex Income Engine from Bill Poulos. His teaching style does assume a basic knowledge of trading, of which I have none, so I have had to supplement his material with homework of my own (not difficult, given the internet). I would like to report again in a few months with my results

Guy Woodward   Austin, Texas

3:47pm on August 16th, 2008 

I purchased the Forex Profit Accelerator End of July 2008. I first thought it was a bit expensive, but Bill gives a 45 day money back guarantee and an easy payment plan. I didn't have alot of money to start trading with ($1500.00) but 1 week after I received the FPA system I made 3 successful trades using (.10) lot size. My first 5 trades were profitable (74 pips, 134 pips, 470 pips, 19 pips). My sixth trade was successful as well although it was a loosing trade (-58 pips). I say successful because I had an entry plan and exit plan prior to going into the trade. I got stopped out for a small loss. In my second week of trading I had 3 trades that were all positive ( 119 pips, 68 pips, 188 pips). How I am in my 3rd week of trading and I'll keep you posted. Prior to this I have not traded the FOREX Markets other than DEMO accounts. These trades were made with a live account. Using the training material I back tested several pairs and win/loss ratio if excellent. So far I am very happy with the customer service as they have responded usually with 24 hours. I would highly recommend.

Guy Woodward

Pierre Pienaar   Namibia

8:24am on May 29th, 2008 

All I can say, that with Bill Poulos' Trading methods you cannot go wrong. It really teaches you how to trade, when to trade, even for a guy from Namibia. I especially uses his Forex Preofit Accelerator with really great profits.

Pierre Pienaar

Andrew   Singapore

11:44pm on April 10th, 2008 

I have both The Forex Profit Accelerator and Quantum Swing Trader.

IMHO, the quality and clarity of the information provided makes them leading products in stock/forex education.

Customer Support: I have ony had one query and got a response within 24 hours.

Cost: Again, IMHO, this is relative to the person buying the course. For me, I plan to be trading for the next 30 years (at a minimum!) and hopefully the cost of the courses, but more importantly what I have learnt from the courses, will prove their worth.

Courses: What you learn in these courses are methods for "how" to trade - give a man a fish and feed him for a day; teach a man to fish and feed him for life.

Finally, I included both courses in my "Best Buys" for trading eduction.

David   NY

7:33pm on March 31st, 2008 

I just started the program. I hope it works for me. I'll keep you posted.

Roger Kenly   New York

4:07pm on December 12th, 2007 

I had been trying the trading game for a while now with very limited success. I was considering leaving this career path for good for a while but decided to stick with it. Along the way I discovered Bill Poulos and has been a great help. His tutorials are always concise and very simple to understand and implement. And his methods actually work!

R.W.E   San Francisco

11:36am on October 13th, 2007 

His new FOREX trading course is awesome and I started making money within a week of learning the material. He explains it well and makes it easy to understand!

Rob Stelinger   Location unknown

3:58pm on September 18th, 2007 

I was blown away by the forex profit accelerator. The amount of information you receive is mind boggling. Bill Poulos has shown me things I've never even thought of and I've been trading for almost 15 years. I would recommend this to anyone who's looking to get into trading quickly and easily, I've already recommended it to a few of my friends actually. A bit expensive but definitely worth it. Great Product.

Tom   Location unknown

6:52pm on September 14th, 2007

Can't decide on the Forex profit accelerator. It seems like a really good deal but it's a lot of money to pay for me. I wonder can someone who actually bought the Forex profit accelerator write a review and let me know what they think. I've bought Bills quantum swing trader in the past and was very happy with what I learned from it. I am looking forward to learning more from him but just need to be sure.


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