Report: #604858

Complaint Review: RatioTrading.com - Internet

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Ripoff Report is Xcentric Ventures

Submitted: Wed, May 19, 2010
Updated: Mon, May 24, 2010
Reported By: StevenS — LA California United States of America

Author Not Confirmed

Why?

RatioTrading.com Internet United States of America

Phone:
Web: www.RatioTrading.com
Category: Financial Services

RatioTrading.com Abdel Ibrahim Fibonacci Trading Internet

*Author of original report: We have fixed out disputed

*Author of original report: RatioTrading.com and I have fixed out disputed

*REBUTTAL Owner of company: Old Employee

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Abdel Ibrahim doesn't trade the system that he teaches. He lies to people about trading a "hedge fund." He makes sense in his "selling" of his services, but don't let him fool you, he doesn't make any money from trading, he only makes money from selling his "services" and his system. It is not worth the money!

He claims that his "setups" are 60-70 % accurate, i have done the backtesting and they ARE NOT even close to that, it is a LOOSING SYSTEM!

Not to mention that when you have a loosing trade, he will come up with an "after the fact" reason (that he NEVER talked about before) for why you shouldn't have taken that trade...

I would NEVER recommend this website to anyone!!

This report was posted on Ripoff Report on 05/19/2010 10:08 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ratiotradingcom/internet/ratiotradingcom-abdel-ibrahim-fibonacci-trading-internet-604858. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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Updates & Rebuttals

REBUTTALS & REPLIES:

1Author

1Consumer

1Employee/Owner

#3 Author of original report

We have fixed out disputed

AUTHOR: StevenS - (United States of America)

SUBMITTED: Monday, May 24, 2010

POSTED: Monday, May 24, 2010

This is a respectable company that should be given the positive recognition it deserves.

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#2 Author of original report

RatioTrading.com and I have fixed out disputed

AUTHOR: ToshibaJohn - (United States of America)

SUBMITTED: Sunday, May 23, 2010

POSTED: Sunday, May 23, 2010

This is a respectable company that should be given the positive recognition it deserves.

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#1 REBUTTAL Owner of company

Old Employee

AUTHOR: Abdel - (Virgin Islands (US))

SUBMITTED: Wednesday, May 19, 2010

POSTED: Wednesday, May 19, 2010

Unfortunately "StevenS" who's name I will keep under wraps is really a former coder for our company. Things did not work out and we decided to part ways. He clearly was upset enough to make this post because he feels that the only way to damage our reputation is by using this site. It's too bad. We wish him the best on his endeavors.

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