Bill Poulos of Profits Run is running a virtual smorgasbord of “get-rich-quick” trading programs. There is something for everyone. How to get rich quick scalping Forex, how to get even richer buying and selling stock options, hot to become fabulously wealthy using a super-secret trading indicator to trade Exchange Traded Funds.
A true carnival barker with over 17 years of experience hustling the naive and the desperate. The young, the elderly, and everyone in-between. Equipped with a boiler room and hyper-aggressive salesman that recommend that purchasers take out 2nd mortgages and borrow against credit cards. Promising that educational costs can be quickly recouped with a ‘copy and paste’ trading software that supposedly delivers a near-constant stream of easy cash.
Pure nonsense from a pathetic liar. No track record of ever trading successfully. A charlatan, a con-man, a carnival barker lacking even the most minimal amount of decency and integrity.
Thanks for reading today’s review of Profits Run
What is Profits Run? The company is a trading educational business owned by Bill Poulos, operating in Wixom, Michigan. According to Archive.Org, Profits Run appeared on the trading educational scene in 2001. Profits Run is offering a virtual smorgasbord of different trading products and services. Currently, the company is selling the following:
Profits Run is offering a virtual smorgasbord of different trading products and services. There is something for everyone. Currently, the company is selling the following products and services:
- $1997 Market Mastery 2.0 Course: how to use technical analysis to win nearly all trades.
- $1997 Portfolio Prophet Course: a method that predicts the future in only 10 minutes.
- $1997 ETF Income Engine: earn 457.5% with this copy and paste trading system.
- $1997 Options Income Engine: earn 5% per month with this copy and paste options picking system.
- $1997 Options Profit Master 2.0: earn 200%-300% daily without having to learn anything.
- $1997 Instant Options Income: easily earn $2000 per week with weekly options, only 10 minutes of effort required.
- $1997 Forex Profit Accelerator 2.0: skyrocket your Forex profits with this copy and paste Forex picker.
- $1997 Forex Income Engine 3.0: Forex scalping software, nearly 80% accurate 5-10 bars into the future.
- $1997 Forex Profit Caster: A visual Forex revolution that delivers massive daily profits. Guaranteed.
- $1997 Forex Profit Multiplier: A system is 100% accurate at predicting Forex prices-eight hours into the future.
- $1997 Gold and Silver Trend Trader: A gold trading formula that easily earns 245.1% every year.
- $16,000 Profits Run Coaching: Learn the ultra secrets of Bill Poulos, never be alone again.
Profits Run occupies the following social media channels:
Profits Run Marketing
To define Profits Run as a trading educational business is like describing a McDonald’s restaurant, as a simple hamburger shop. Profits Run is a massive sales franchise.
Profits Run is first and foremost an internet marketing company. That happens to be selling trading educational products. How many different products and services? According to Archive.Org, the company first appeared on the trading educational scene back in 2001. TradingSchools.Org spent several days attempting to curate a complete list of trading products, the truth is that so many products have existed and then disappeared, that we could not fully account.
However, we were able to build a database of websites and web addresses that have been used over the past 17 years of operation. The following is not a complete list, but our best effort:
As you can see, we are talking about a massive amount of websites.
Profits Run executes their marketing strategy through various unique marketing channels:
- Traders Expo/Money Show seminar circuit.
- Google ads that focus on keywords related to trading and make money from home schemes.
- Email list purchasing, list sharing, and co-promotion with others selling similar products
Profits Run Aggressive Boiler Room Salesman
Profits Run also operates a boiler room. Where sales agents aggressively call customers and attempt to sell a product that fits the demographic of the person on the telephone.
During 2016, as well 2017, TradingSchools.Org used various alias personalities with varying email addresses and geographically independent phone numbers in an attempt flush out the size and the scope of the sales operation.
In one conversation, we depicted ourselves as an elderly person on a very limited income. The salesman recommended a $9,000 purchase that included software, and daily options picks. We explained that our income was limited to a modest social security check, the salesman suggested that we take out a 2nd mortgage, borrow against our credit cards, or take a loan from a friend. That most people pay off their educational costs quickly with trading profits. That money worries would soon be a thing of the past.
In yet another conversation, we depicted ourselves as a young person looking to earn money as fast as possible. The salesman recommended a $16,000 purchase with the primary focus on scalp trading the Forex markets. We mentioned that our only resource was our college investment fund. The salesman implied that the trading courses would far outweigh the benefits of obtaining a college education.
Essentially, the Profits Run buffet of products has been created so that the salesman can quickly and easily match a product with the demographic of the person on the telephone. The sales technique is similar to sales operation of Vantage Point trading software, or Market Traders Institute.
Profits Run: where is the verified performance?
Profits Run is making some very bold promises and assumptions that traders will earn massive profits from the use of their investment products. In one recorded seminar, the owner of the company, Bill Poulos claims that he has helped 17,000 people become full-time professional traders. And countless others earn thousands of extra dollars each month, by simply copying and pasting the trading signals from the software.
But does Bill Poulos have a verifiable track record of ever trading successfully? Nope. In our multiple requests to the company, we attempted to verify his many claims of amazing trading profits. He ignored all probing questions and simply quipped, “this information is for educational purposes only.”
We asked the various salespersons on the telephone if they were using the trading products that they were aggressively selling? They all replied, “Absolutely, I am making BIG BANK.” However, when asked to verify these supposed profits, they simply could not.
Complaints about Profits Run
In the past two years, TradingSchools.Org has received and reviewed dozens of complaints regarding Profits Run. The most common complaint is that the trading software was useless, and nothing more than off-the-shelf trading indicators displayed on market data.
The second most common complaint is that the company does not honor their promise of a money back guarantee. Essentially, the company will attempt to stall, manipulate, or parlay with the victim in hopes that the victim simply gives up and goes away.
The following are a few excerpts of complaints that we have received and reviewed:
ProfitCaster is a COMPLETE SCAM. I quickly realized that Bill Poulos knew less about trading than myself. -A
RUN FAST FROM BILL POULOS. He scammed me for $2000. His course is complete garbage. -B
I purchased Wealth Income Generator hoping it would change my life. It didn’t. And they refused a full refund. -C
Avoid this con man. Every month, a new twist on an old product. The Taco Bell of trading educators. -D
I purchased Forex Income Engine and promptly lost $10k. -E
Buyer Beware! This guy, and his son are con artists looking to steal from newbies. -F
Wrapping Things Up
There is absolutely nothing wrong with purchasing a trading product. But you need to make sure that the trading vendor or trading educator has a verifiable track record of prior success. If the vendor balks or makes excuses or pleads some sort of lame argument that “the regulators say it’s illegal” or “my attorney say’s it illegal” or “I am a private person, and I don’t want anyone to steal my identity” is just stroking your candy cane. Hoping to sweet talk your credit card out of your pocket.
Thanks for reading. Would love to know if you have ever had any experience with Bill Poulos.