3/30/2012 Bad Friday
Well, this Friday wasn’t good for Greg’s Success Signals. We closed out of a few losing trades, but we’re still hanging on to some pretty hefty losses in GBPUSD. I guess Greg has hopes that they will turn profitable.
Right now there’s a floating loss of about $60 in my live-money account which puts me almost back to where I started.
Update: 4/03/2012
It looks like Greg has taken a loss on some of the losing positions and some of them have turned profitable. In floating profits, I’m back up near where I was before the down-turn last week. 
I still haven’t gotten around to funding my FinFX account yet, so I’m not taking advantage of any hedge trading.
I’m actually working with a programmer to create an EA of my own that might turn out to be something good. It’s based on a simple system I’ve been using for the past 3 months that’s been profitable. I’m hoping that automating it will make it just as profitable, but less time-consuming to trade. It’s really not a hard system, but I tend to skip a few days and that means that I miss some trades.
My motto is: “If it’s simple enough for a computer to do it, a computer should be doing it for you!”
If only I had better programming skills.
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Greg Stefaniak and his signal service GregsSuccessSignals has been officially found guilty by the Traders Court at Forex Peace Army. 57 members out of 84 voted guilty which is 67.86% I have now alerted people through this blog and the FPA scam review site to what Greg Stefaniak is doing. If I have saved others from the same fate I am happy. I hope he gets shut down completely or that someone in Poland reports him to the authorities. That would be justice served for his greed. I can’t really do any more now so I can put it to rest and get on with better pursuits. Thanks to everyone for your help and support.
It is now October 12th 2012 and I can update the situation with Greg Stefaniak. Today I received a letter from ASIC (Australian Securities and Investments Commission) asking for my permission to release details of my complaint to ASIC regarding my trading losses by Greg’s Success Signals Service, to the CFTC (US Commodity Futures Trading Commission). So it seems that the CFTC in the United States is now investigating Greg Stefaniak which is very good news. I visited his sales page which says his service is sold out at the moment. Perhaps we have succeeded in shutting this person down. Now it remains for him to answer for the fraud that he is and for the misery he has caused. If I receive any further news I will update you all.
Cheers and happy trading.