Forex Signals, to Follow or Not (Pipsnipers) ...

Everyone should search "saintjay" on Forex Factory. Read his postings from late last year, just prior to him opening the Pip Snipers free months. He is asking questions of Auslanco and other experienced traders that clearly show his lack of knowledge and experience. Also, noticed when he joined FF, not so long ago, another interesting fact for such a supposedly big time, successful, and experienced trader. And when he blatantly violated FF rules for commercial gain by posting about Pip Snipers on Auslanco's thread, he used Hakuna Matatta as his selling point because he had nothing to use to sell himself. Jay used him and then banned him, just like he does anyone who challenges him. I was conned by him but my goal is now to save others from the same fate.

If this guy isn't in prison this time next year or sooner I'll be shocked. Like I've said before.......there's people sitting in prision that did far less!

Remember the guy that stole a 50 cent donut? The spammer that was just sentenced to 25 years, I could go on and on?

The PipSnipers Announcement: Dictator Jason changed the rules again. PipSnipers will trade the start of the London session for 2-3 hours and the NY start for 2-3 hours. Asia will be hit and miss (meaning "never" but you can sit there and stare at the screen and wait if you want). Does anybody remember that being the deal you signed on for and paid $325 for? No it isn't. That's called breach of contract. That's why Jason legally owes everyone a refund. But at least Jason will have plenty of time for his massages, and lunches, and relaxing while he pockets your money. Oh, but he has promised to work at least 4 hours a day for you. Plus, he's promised to try to get you 60-100 pips during those four hours. This would be downright funny if it wasn't so sad. People, are you still standing behind this con man?

Looks like Jason is using every trick in the scammers handbook to milk people's cash as much as he can. The sad thing is, many unsuspecting people will get caught up in this mess.

Yeah, don't you like how he is offering a free month, but only if you pay in full for April. What is the chance that PipSnipers will still exist in May? And of course by reducing his obligation to just 4 hours per day, Jason will not even need other moderators so he can pocket all of the money. And even with a greatly reduced number of subscribers, he will be getting a pretty good hourly rate for working just 20 hours a week. Oh, but I almost forgot the teaser--"Any extra time spent trading and teaching will be a bonus... ." Holy crap, Batman. Better put on your waders. It's getting deep in here.

http://pipsnipers.com/trades/index.php?content=mar08

After Kinn left, the calls made dropped significantly.

There was no calls made on Mar20 even. It was perhaps one of the easiest day to make money:
EURUSD, AUDUSD, USDCAD, GBPJPY where all trending strongly with good retraces every so often. Any pullback traders made money. I know I did. I made $900 without Jason's help. I even accidentally traded the wrong currency pair (USDCHF instead of USDCAD) and still made money.

Afraid of losing, Jason decided not to trade. PipSniper has now turned from a signal service into an education service. I paid for a signal service. I am not satisfied as of late: to renew or not to renew, that should be an easy question to answer.

I am very patient not to whine and keep a very positive attitude. I didnot complain about the big losses made recently hoping these are just speed bumps.

Who were making the pips? Kinn or Jason? When Kinn was in Kenya for 2 weeks, Jason did made pips. Kinn however claims that he was sending these recommendations via skype to Jason.

Who to believe?

The day Kinn left there, the road forked to pip disaster at PipSniper; this seems to support that without Kinn, Jason is left with no capable scalpers to make the calls. The theme at PipSniper room lately is asking the other members for trade recommendations. Thats laughable.

How do I file a charge back with Paypal? This isnt what we paid for.

Just go to paypal, find the transaction, click on it and create a dispute.
Type a description and include a link to this thread plus the previous thread, so paypal can see that other members were also scammed.

it's not what any of us paid for. i paid for signals from a professional trader. Jason has proven himself to not be that even though he claims to be one. Is jason preventing the mods from making calls? i can't believe that between the 4 of them, they couldn't come up with 1 trade today. i have to believe that jason is tying their hands. There can be no other reasonable explanation

Asking peopel in the room how they made their pips is ridiculous. we're paying HIM to tell us how to make pips, not the other way around. Then he gets argumentative and challenging because he thinks they're just sharing their wins, not their losses. THEY ARE HIS PAYING CUSTOMERS and this is how he treats them, by ridiculing them and being condescending.

they are sending out emails for half off for april and may. they must not be getting many subscribers. and let's face it, being an ib is a joke. most of us only have 1-2k to trade with so what kind of money are we going to get back? but don't forget, you'll get charged additional money for phone texts telling you that they MIGHT be taking a trade. well it sounds that's all they called last night in london, was possible trades that never came to be.

I for one am not renewing, although it'd be fun to see the train wreck continue. it has been entertaining

Ya know ....back in da day we would just send guido over to have a little chat with the scammin scumbag........ you know about his health insurance....

Something sure does smell there.

here's an idea. why doesn't jason show us his trading records from january for all of his accts. that will prove how good a trader he is. how much you want to bet that he was probably taking trades while the rest of us were sitting there waiting and waiting for a call to be made.

seeing his trading records would show us his money management and his trading abilities and his ethics. i for one would be VERY angry if he was taking trades behind our backs. there's only one way for him to get his honor back and that's show us your records Jason and give back the subscription money to those who have requested it and you banned. that's the honorable thing to do

What makes you think his even got a trade record? I have a feeling he hasn't even got a live account but trades on a demo. I mean he got more this month through the subscriptions then he'll ever get trading.

good point zpiders.

i was in the trade room this morning observing the train wreck. and sure enough, jason never seems to disappoint us. there's lively debate going on about the room, nothing harsh at all. one guy says STFU, so jason bans him. Chuck the tech guy comes on and says that it wasn't against jason or the team. So it's ok to swear if it's in defense of jason but if it's about the room your banned.

a few suggested that the room be free in april since this isn't what we signed up for. they kept clearing the chat. then they finally closed down the chat for the weekend. there were 4-5 of them just having a discussion about it. nothing harsh, just their opinions. of couse Jason pipes in right away with his ego.

so now i'm sure all of them will be banned because they questioned his methods. one guy felt that charging half price for 2 months was just another sales pitch, another thought it'd get rid of the complainers if he charges for april. and a few thought april should be free.

i don't comment in the room, i'm just enjoying watching others do it and get banned one by one for even QUESTIONING his decisions. anyone's a fool who signs up for april.

They had their chance to prove to us what they were made of. March was pathetic. he can blame kinn all he wants but now what's his excuse for this week? stop feeling sorry for this guy. this is a business. you signed up for a service that you are not getting. don't make excuses for him or tell him it's ok, he should be consoling us, not the other way around.

What's going to be different in april? how sad if they change their trading methods. i signed up for experience. changing your method isn't experience. i can do that on my own.

Jason, if you are man of integrity which you brag so much about being, give people their money back or let those that paid for march get april free if they want to stay

I didn't wanted my money back.

I wanted the trades paied for.

I am banned for complaining about trade calls not made and for bashing a chat spammer whos calling names about pipsnipers.

Whatever you seed turns back to you "gentleman"

You seed storms ,you will collect tyfoons.

Now go have a nice massage with my money.

I have made a claim in pp but i dont think it will come out something since they are like Pontious Pilatous in services issues.
Cheers

B

i was of course banned from the room immediately after requesting the refund fo March...that is what they really should do! - Return people their money! Instead, they are asking for more! Bastards! And they kicked me out of the room immediately! I contacted paypal to raise a red flag...They said i can only request a refund directly from PS.com, which i am going to do...but the more of us contact paypal, the more red flags will be raised against this scam and the more people will keep their money safe!

it's ridiculous to get banned for this request. he needs to address it. instead he either bans you or belittles you for the request. Why can't he have a mature response to all of this, whether we like his response or not.

let people vent, get it all out, then let them know why you've decided what you did. Have the dialogue. don't just shut the chat down for the weekend, which is what he did. it's not going to stop until he has a discussion. people are going to continue to rebel if he just cuts them off or bans them

shouldn't we put some money together and pay for one account with PS, just to know how many people are there after April 1?... I am sooo curious..

O-o--- have I just tripled Jason's paranoia?.. sorry
(but really.. kicking people who defend his room.. how do you call that? )

Could you guys believe the nerve this guy has?...I just sent the paypal request for march refund and got an Easter card from Jason in my email! Those who feel the services promised were not only undelivered, but in fact produced an emotional and financial distress to the people who TRUSTED Jason and the gang, would be a good time to request refund for March!

THIS IS A PETITION for a REFUND of the Pipsnipers subcripsion fee from March.

We are declaring services not renderd, due to lack of access to the paid area of Pipsnipers.com. We can present it to paypal and use it for our ongoing efforts to bring justice to this situation..

1. P. Saved
2. S. Serrano
*copy and paste this in a new post and add your name

Hilarious. I just got Jason's Easter card, which has everything to do with marketing and nothing to do with Easter, emailed to me despite the fact that I am permanently banned. He says his new trader Jen made 300 pips this week on her calls and his "mystery trader" gave him 4 trade calls for 230 pips. Wonder why they could make winning trade calls this week but Dictator Jason was too scared to even call trades? Could it be because he has never traded forex on his own? He followed other traders in Forex Factory as is clear in his posts but has never shown any track record of his own trading. Read his posts. It is so clear he can talk the talk, but he has now demonstrated that he can't walk the walk. I cannot believe that reputable people are continuing to work with him. But he did say that he is learning from Jen and the mystery trader so maybe he will become a good trader someday. But why does he need to, he's getting rich off his subscribers. I also noticed that his Easter Card says that the room will be manned by mods for more hours while his update yesterday said fewer hours. He can't get his stories straight. People, what is the true story and why do you continue supporting this guy?