Royal Trading LoungeReviews of royaltradinglounge.com

Response from Royal Trading LoungeNov 8, 2024

Hi Fernando, Our approach is not limited to retracement strategies. While we do take advantage of retracements when they occur, this is just one aspect of our overall trading strategy. On November 6th, we sent out a Gold sell trade at 1:54 AM EST in the price range of 2711.50–2714, which successfully ran 70 pips, hitting TP2. Later, at 8:04 AM EST, we sent a Gold buy in the 2686.71–2683 zone, which ran 50 pips but reversed just before hitting TP1. We acknowledged that this particular trade was a loss. At 8:17 AM EST, we sent a re-entry for the Gold buy which ran 50 pips and hit TP1. In total, we had one complete loss on Gold, but four wins—including two Gold trades (50 pips and 70 pips respectively), one US30 (running 3,000 pips), and one NAS100 (running 4,400 pips). It’s important to note that being an expert trader doesn’t mean winning every single trade. We always acknowledge our losses, and despite this, we have consistently delivered profits, including multiple indices trades that have hit all targets. I’d appreciate further clarification on your comment about us not being “experts.” Expertise in trading is demonstrated not by an unbroken streak of wins, but by the ability to analyze, adapt, and acknowledge both successes and losses. We remain committed to providing valuable insights, as we've consistently shown through our track record. Thanks, Royal Trading Lounge

Response from Royal Trading LoungeAug 7, 2024

Thank you for your feedback. We’d like to address a few points: Broker Differences: As previously mentioned, the variations in pricing between different brokers, such as IC MARKETS and others, can lead to discrepancies in execution. This is a common issue in trading and unfortunately, is beyond our control. Member Concerns: You mentioned that "everyone" is experiencing the same issue. Please keep in mind that we have over 4,000 VIP members, and while we strive to support all members, individual experiences may vary. We cannot speculate on reasons for member departures, as they are private and not discussed openly. Trade Management: It's important to remember that managing trades, including moving stop losses to breakeven or deciding on re-entries, is ultimately your responsibility. While we provide guidance, the execution and management of trades are up to you. We appreciate your understanding and continued support. If you have further questions or need assistance, please feel free to reach out. Best regards, Royal Trading Lounge

Response from Royal Trading LoungeMay 23, 2024

Dear Filip, Thank you for taking the time to share your feedback with us. We regret any frustration you may have experienced regarding our service and our policy on refunds. We consistently provide updates on our wins and losses in both our free and VIP channels. It's important to note that while we offer signals, we do not manage trades; it remains the responsibility of our members to oversee their own trades. Last week, for instance, we achieved 13 wins and 2 losses, and we duly communicated both outcomes across our platforms. Regarding the fluctuation in our membership, this is a common occurrence in any service. We want to assure you that we did respond to your inquiry about a refund by reiterating our strict policy on refunds. However, we were more than willing to assist you in transferring your membership to another individual. Our track record speaks volumes, evident in our ability to sustain a VIP membership base of over 6,000 individuals for the past year. We understand that our service may not be suited to everyone's needs, and we respect your decision if it's not the right fit for you. We have proof of us responding to you! Please provide proof of fabricated results ([email protected]). Additionally, as stated earlier, our subscribers fluctuate as with any other service. Have a blessed day. We wish you all the best going forward. Kind Regards, Royal Trading Lounge