Steve Dewitt runs this. I was a member with other friends and I noticed he has an army of workers who work for him and claim they are his clients to draw in new members. So called family atmosphere. Trust me, I only joined to check them out until I met a professinal forex trader. He was gobsmacked by how Steve Dewitt is so unprofessional with his trading. Doesnt give a good picture of where his trades are placed and claims to have made so many pips when in theory no can remember what he has done. It would be nice for him to give clear and concise entries that are written rather than blabbering.
I never learnt anything from Steve.
You cannot go around claiming to have made 100pips when there are losses that he hides.
I would suggest everyone avoids. Especially from England. Steve is no guru. He has a past. He is a marketing specialist and realised how profitable forex can be by enticing new clients into his web of deceit.
He is not a seasoned professional.
Stay away
I never learnt anything from Steve.
You cannot go around claiming to have made 100pips when there are losses that he hides.
I would suggest everyone avoids. Especially from England. Steve is no guru. He has a past. He is a marketing specialist and realised how profitable forex can be by enticing new clients into his web of deceit.
He is not a seasoned professional.
Stay away
paul walton
Junior member
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Keep away!!!!!!!!
I have finally decided I have been suckered, took me six months.
It’s difficult not to get emotional when you have lost money month after month especially when you believed all the hype and comments. I have lost money with Forex Confidential for over six months – we are talking a considerable amount. I will be, no doubt ,one of the people - to quote Steve’s recent e-mail to me ‘’As for Forex Peace Army – that site is for disgruntled people who can’t take responsibility for their own trading and blame others’’
Yes I am disgruntled, and have taken responsibility – it’s my fault for believing in FC. So I have cancelled my subscription – and hope others do not fall foul of FC empty promises.
My observations.
• Steve is a salesman not a trader, he is very very plausible
• His background in MLM no surprise there! He has offered EA’s, vitamin sprays, MLM search engines, sleep aides, VPS via an associate – the list goes on and on.
• Only trades a small account - live ask yourself why??
• The EA ‘Thunderstorm’ was withdrawn after he promoted it. That blew $1000 of mine
• He is reckless in his approach (as you can be with a small account!) he make money from subscriptions not trading.
• This month alone my account is down around 20%, the other months mostly losers
• Managed to achieve approximately 10 loosing trades in a row – the 3 small wins then nine looser!!
• The method of reporting each months gains or losses has been changed to ‘pips’ prior to this it was % loss or gains I suspect this is to mask the horrendous six months
• As for being a ‘man of god’ what religion encourages this sort of set up - beggars belief maybe he gives it all away to charity? Let’s hope so.
I was sucked into this well and truly, but after many re assurances things were getting better it’s time to call it a day and move on. I am sure Steve will have some cleaver words in reply to this; he may have had a lucky run previously – but in six months I have lost a lot of money. If you are wondering Steve its Paul from England – we have exchanged e-mails.
I have finally decided I have been suckered, took me six months.
It’s difficult not to get emotional when you have lost money month after month especially when you believed all the hype and comments. I have lost money with Forex Confidential for over six months – we are talking a considerable amount. I will be, no doubt ,one of the people - to quote Steve’s recent e-mail to me ‘’As for Forex Peace Army – that site is for disgruntled people who can’t take responsibility for their own trading and blame others’’
Yes I am disgruntled, and have taken responsibility – it’s my fault for believing in FC. So I have cancelled my subscription – and hope others do not fall foul of FC empty promises.
My observations.
• Steve is a salesman not a trader, he is very very plausible
• His background in MLM no surprise there! He has offered EA’s, vitamin sprays, MLM search engines, sleep aides, VPS via an associate – the list goes on and on.
• Only trades a small account - live ask yourself why??
• The EA ‘Thunderstorm’ was withdrawn after he promoted it. That blew $1000 of mine
• He is reckless in his approach (as you can be with a small account!) he make money from subscriptions not trading.
• This month alone my account is down around 20%, the other months mostly losers
• Managed to achieve approximately 10 loosing trades in a row – the 3 small wins then nine looser!!
• The method of reporting each months gains or losses has been changed to ‘pips’ prior to this it was % loss or gains I suspect this is to mask the horrendous six months
• As for being a ‘man of god’ what religion encourages this sort of set up - beggars belief maybe he gives it all away to charity? Let’s hope so.
I was sucked into this well and truly, but after many re assurances things were getting better it’s time to call it a day and move on. I am sure Steve will have some cleaver words in reply to this; he may have had a lucky run previously – but in six months I have lost a lot of money. If you are wondering Steve its Paul from England – we have exchanged e-mails.
paul walton
Junior member
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An update on De Witt at Forex confidential.
I would be better if you looked at the full story on Forex Peace Army http://www.forexpeacearmy.com/public/review/www.forexconfidential.com
But in summary he has had TEN consecutive months loosing!! Even though the history was 'cleared' because he has trying a all new trading system ( since its start in January 2010) has lost at the time of writing 10% of the account.......
Just keep away - there is no good reason to use this man and his so called system
Paul Walton
I would be better if you looked at the full story on Forex Peace Army http://www.forexpeacearmy.com/public/review/www.forexconfidential.com
But in summary he has had TEN consecutive months loosing!! Even though the history was 'cleared' because he has trying a all new trading system ( since its start in January 2010) has lost at the time of writing 10% of the account.......
Just keep away - there is no good reason to use this man and his so called system
Paul Walton
Quickdraw2
Newbie
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I am a former member of Forex Confidential and I continue to recieve his emails for the purpose of amusement. I follow along and like to watch his "flavor of the month" trading system crash and burn as it always does.
Even though I am making jokes about Steve Dewitt and his "trading methods", it really is not funny at all to those of us (including myself) that have lost money with this clown. Why can't Steve realize that whatever he is doing is just not working -- no matter what system he trades with? And, therefore, why doesn't he just pack it in and stop hurting others through draining their bank accounts? There are people out there who are financially desperate and will try anything to make money to survive on. Steve Dewitt is taking advantage of these desperate people. If he truly is a "man of God" as he portrays himself, and if he cares about others as he claims he does, then he should immediately get out of the forex business of providing false hope and stop bilking people out of their money. If he is such a great trader as he has often claimed, then he should just trade by himself and only for himself.
It is not a stretch to say that Steve Dewitt cannot make sufficient money through his own trading. Therefore, the only way he can substain his lifestyle is through people subscribing to his "trading services". About a year or so ago, in an email he sent out, he happened to mention he had 500 members. At the time he was charging $129 per month. Let's do the math: 500 members x $129/month = $64,500 PER MONTH!
He is a master marketer and knows how to sell himself (do a internet search and you will see he was a major MLM'er and into other businesses as well). And at one time several years ago he had some trading credibility. Combine those things and that is how he gained so many subscribers. However, I seriously doubt if he has anywhere near 500 subscribers today (assuming that he ever did have that many). I think it is obvious that as long as people are duped into believing he can make them money, they will, instead, continue to make HIM money.
Even though I am making jokes about Steve Dewitt and his "trading methods", it really is not funny at all to those of us (including myself) that have lost money with this clown. Why can't Steve realize that whatever he is doing is just not working -- no matter what system he trades with? And, therefore, why doesn't he just pack it in and stop hurting others through draining their bank accounts? There are people out there who are financially desperate and will try anything to make money to survive on. Steve Dewitt is taking advantage of these desperate people. If he truly is a "man of God" as he portrays himself, and if he cares about others as he claims he does, then he should immediately get out of the forex business of providing false hope and stop bilking people out of their money. If he is such a great trader as he has often claimed, then he should just trade by himself and only for himself.
It is not a stretch to say that Steve Dewitt cannot make sufficient money through his own trading. Therefore, the only way he can substain his lifestyle is through people subscribing to his "trading services". About a year or so ago, in an email he sent out, he happened to mention he had 500 members. At the time he was charging $129 per month. Let's do the math: 500 members x $129/month = $64,500 PER MONTH!
He is a master marketer and knows how to sell himself (do a internet search and you will see he was a major MLM'er and into other businesses as well). And at one time several years ago he had some trading credibility. Combine those things and that is how he gained so many subscribers. However, I seriously doubt if he has anywhere near 500 subscribers today (assuming that he ever did have that many). I think it is obvious that as long as people are duped into believing he can make them money, they will, instead, continue to make HIM money.
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paul walton
Junior member
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I have been keeping my eye on DE Twitt and he has now managed a full consecutive twelve months of loosing trades!!!!!! - the man is a 100% idiot.
check out the full story on Forex Peace army.
Also have a look at his trading history - unless it's 're-set' ....... again!!
Forex Confidential, -5.3% 17 trades, 7 winners, -269 pips
http://www.metatrader247.com/sp_forexconfidential.html
check out the full story on Forex Peace army.
Also have a look at his trading history - unless it's 're-set' ....... again!!
Forex Confidential, -5.3% 17 trades, 7 winners, -269 pips
http://www.metatrader247.com/sp_forexconfidential.html
paul walton
Junior member
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Just keep away or if you want to give money away give it to charity not this scam merchant.
HE HAS LOST EACH MONTH FOR...... FOURTEEN!!!! NOT ONE SINGLE WINNING MONTH.
please look at
http://www.forexpeacearmy.com/public/review/www.forexconfidential.com
the guy is a joke
HE HAS LOST EACH MONTH FOR...... FOURTEEN!!!! NOT ONE SINGLE WINNING MONTH.
please look at
http://www.forexpeacearmy.com/public/review/www.forexconfidential.com
the guy is a joke
B
Black Swan
sshhhh.....d'ya know who is really responsible for your loss? YOU...unlucky eh...now lick your wounds, move on, move up and see if you've got the minerals to make your own way in this industry without relying on someone else...
paul walton
Junior member
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Black Swan;1169910]sshhhh.....d'ya know who is really responsible for your loss? YOU...unlucky eh...now lick your wounds, move on, move up and see if you've got the minerals to make your own way in this industry without relying on someone else...
I have done that, but the reason for my post was to stop others from signing up to this guy.
When i can give an honest review over the past 12 months of what this guy's trading is like.
I have done that, but the reason for my post was to stop others from signing up to this guy.
When i can give an honest review over the past 12 months of what this guy's trading is like.
