Profits Run
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Honesty
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Quality
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Cost
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Support
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Verified Trades
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User Experience
Summary
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.
Avoid.
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:
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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.
Yes, I want an extra $2k every week.
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.
Thank you for informing me about this I’ll-reputed company and the con-man, BullPoulos running it. I knew from the get go his product sounded too good to be true.
due diligence??? Lot of complaints, some probably just talk, but as mentioned, If its too good to be true, usually it is.
Even though it is a small amount, i will call for a refund.
Useless video. Available better videos on YouTube free. Do not pay $7.00(even a penny) for turning $5000 to $60000.00 video.
Thank you for Info, I just bought the $7 training but it went next product & next product & I didn’t want the $279 product just the &7 . Now I have to wait until Monday to call because they are closed weekends, hope I get refund,
I paid $400.00 to join trading but then I had stroke and paralyzed. When I ask for returning my money and i did not do anything with this company, they refuse to pay me back. it tell you what kind of people they are.
Saved by the Moore again! Jeez Emmett these guys sound so genuine! LOL
How can this company not be “found out” and seriously investigated as the scam that it is… praying on naive peoples’ hopes and dreams.
I have no less than five different “cloaked” marketing emails from different Profit Run/Bill Poulos related persons. Serious Red Flag of a scam!
With the recent extreme spike in volatility, how can any reputable trading education firm try to sell weekly income plays on weekly options. This act alone is an example of a scam, considering current (Feb ‘18) market conditions. Currently, there aren’t many smooth “deliberate” trading days that he refers to in his way outdated (2013/14 examples) and pre-recorded webinars. Currently, there are violent swings in volatility and not wise or recommended strategy.
I will be blocking this scam artist company from my email inbox.
I just try to get rid of his persistent garbage emails cluttering up my screen. This alone tells me he is a scammer and I stay away.
This guy is the king of marketing scams.
Bill Poulos Profits Run/Instant Options Income
This is my personal experience with the weekly options trading platform only.
I am an inexperienced options trader that purchased the program after listening to Mr. Poulos explain the program. He told me exactly what I wanted to hear, and I was very excited to purchase the program and begin using it. I am profoundly disappointed to report that it does not work as Mr. Poulos presents it.
The time frame is August 10th through December 22nd, (4 ½ months). I funded my account with TD Ameritrade with $8000 and followed his directions explicitly. The guarantee is that you may get a refund for any reason within 60 days. You can also get a refund after trading for one year if you send him all of your trading confirmations and your Welcome Packet. First off, 60 days isn’t long enough to know if the program works so I ignored that deadline. Secondly, I did not open my welcome packet for almost a month, and when I did open it the box was empty.
He does not do any business on the phone. Everything is done on email. There are a lot of different trading platforms and you must figure it out for yourself how to translate his recommendations into actual trades.
So what happens when you follow his recommendations? Mostly frustration. Your trades will not fill. He may very well have a track record of winning trades that is over 70% but you don’t make any money if your trade doesn’t fill. He occasionally addresses this online by telling you to be patient. He says that about half of your orders will fill over a period of a year. This week there were four options recommended and I had two of the four options fill, both lost money and to date I am over $4000 down. Add that to the $2500 I have given to Mr. Poulson and I have a $6500 deficit after only 4 1/2 months.
What he tells you in his sales pitch is not an outright lie. He is guilty of omission. He doesn’t give you all the facts.
What you get on a regular basis are more sales pitches to buy more of his other programs. He uses the same sales pitch to sell more programs. He tells you how tired you must be of using the same old program that just doesn’t work. He is correct. But the problem is that it’s the program I purchased from him that doesn’t work.
Being an incurable optimist, I still think there may be a way to make money with the weekly options by buying spreads. I wanted what he was selling, simplicity and very little time expense. Not happening.
I too joined the weekly option program for a year but stopped to follow his trades after the first month. Doing spreads for less than a week is lot more difficult than doing month spread which I later found out by trial and error
I did do the Profits Run and made enough to payoff my cost */- $900. I still use some of the “Filters” to search today. I also did the Instant Options Income but got out quickly. I was and still not impressed with this method.