Anonymous
I don't usually like to leave reviews, but I felt I had to in this case because of the way Price Action Ltd runs its business and how bad the trading strategy is. To start with: I funded my trading account $1,150 and within 4 weeks I lost $334, using Price Action Ltd signals. That is a 28% loss in a month; do you know how bad that is? Let me tell you! It is EXTREMELY bad!! If you are having a bad month as a trader, you should be at a loss of 1% to 2% maximum, so having a loss of 28% in a month, is CRAZY!! Please, please do not let this company trick you into using their signals. This company lies to you in their FREE GROUP, and let me explain how it's done. 1) All the wording and glossy pictures you see in the group are not true. When you see wording like this: 460+ PIPS CLOSED THIS WEEK SO FAR and USDCAD RUNNING WITH 50+ PIPS. This is not true at all. When I saw these posts in the free groups, the trades were running 50 pips, but all other trades that were running were down 300 pips and sometimes 400 pips. So when you see those posts in the free group, do not believe it. It's all a lie! 2) I am writing this on December 2nd, 2023. There is a post in the group now that says "85% win rate for November". Let me tell you, that is a COMPLETE lie. The win rate for November was around 24%. Their strategy has no rules or edge over the market. It's a 50/50 gamble, and it doesn't work at all. 3) You can also see they rush the signals and they are always making mistakes. But I never understood this because every time we used their signals, the price went against us immediately. You should never rush into a trade and the way these people were trading, it just didn't make sense to rush.  4) They move the stop loss from its original price, which is another really bad thing to do. So if the price is going against you (as it did with pretty much every trade), they move the stop loss even further, so the loss then becomes greater. Absolutely crazy this is, and it's actually mindblowing when you think of it.  5) What really shocked me, is they go against the trend on every trade, and they go against strong trends on the higher time frames, which is a big no-no! Anyone with a little bit of experience knows that trading against the trend is not a good thing to do.   6) They trade big news events, which is also a really bad thing to do. In one day I lost 12% of my account because they opened 6 trades in one day when the FOMC news was coming out. I couldn't believe it!  Just to sum his review up... I honestly believe Price Action Ltd is a scam. They still make money even if you lose, so if they keep getting people to use their signals, they make money off the commission they get from the brokers you use. As I mentioned above with their strategy, it seems to me, they don't know what they're doing, and they just buy and sell anywhere in the market and hope for the best. I have never come across such a bad strategy in my 3 years of trading. The strategy has no structure-based rules, no entry rules, and they have no edge over the market with this strategy at all. One last thing: don't be fooled by the nice support either. They have canned responses and if you ask them a question about the strategy, you just get ignored, or they send you a canned response that makes no sense! AVOID AT ALL COSTS!!! 
5 months ago
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PriceAction Ltd. has a 3.9 average rating from 113 reviews

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