Smith 1000Pips Gold Telegram Channel Review. Verified Trading Statistics & Results in 2024-2025
- Best Forex Signals Analyst & Expert
- Oct 29
- 3 min read
Updated: 4 days ago
Free Signals Channel Review
Channel Name: Smith 1000Pips Gold Channel
Full Years of Operation: 1
Number of Subscribers: 15882
Trading Style: day trading, scalping
Trading Sessions: New York
Free Signals: 1914
Win Rate: 29%
Period: 28.10.2024 - 28.10.2025
Pips of Profit: -16,524
Free Signals Analysis & Reviews
Average Profit per Signal: 45 pips
Markets: Gold
Average Holding Time: 8 hours
Average Profit a Week: -318 pips
Number of Signals a Day: 5-7
Signals Statistics
Trading Instrument | Win Rate (%) | # of Signals | Avg Profit (Pips) | Total Profit (Pips) |
XAU/USD | ||||
Oct 2025 | 31% | 165 | 46 | -1,210 |
Sep 2025 | 27% | 155 | 44 | -1,890 |
Aug 2025 | 33% | 142 | 45 | -570 |
Jul 2025 | 28% | 168 | 46 | -1,680 |
Jun 2025 | 30% | 162 | 44 | |
May 2025 | 25% | 178 | 45 | -2,450 |
Apr 2025 | 32% | 151 | 47 | -710 |
Mar 2025 | 29% | 186 | 45 | -1,674 |
Feb 2025 | 31% | 149 | 46 | -905 |
Jan 2025 | 26% | 165 | 44 | -1,980 |
Dec 2024 | 28% | 134 | 45 | -1,340 |
Nov 2024 | 30% | 159 | 47 | -1,035 |
GRAND TOTAL | 29.2% | 1,914 | 45.1 | -16,524 |
Best Free Signals
XAU/USD | XAU/USD | XAU/USD | XAU/USD |
+108 pips | +95 pips | +87 pips | +82 pips |
Worst Free Signals
XAU/USD | XAU/USD | XAU/USD | XAU/USD |
-124 pips | -115 pips | -108 pips | -98 pips |
Key Statistics Insights:
1. The Mathematical Guarantee of Loss
Although the name of the channel promises "1000Pips," the underlying statistics ensure that profitability simply cannot be achieved. The system boasts a 29% chance of success and an RR of 0.9. This mathematically shows that it's very much negative.
Calculation: (0.29 * 45) + (0.71 * –50) = ~-23 Pips per
Insight: The average cost of every traded signal is 23 pips for a follower. The negative expectancy fuels the system's monthly and annual losses. This validates that the channel's trademarking is false.
2. The High Volume of Signals Multiplies the Loss
The channel offers a high frequency of 5-7 signals daily. The high-level activity here neither helps in profit accumulation, but rather functions as a compounder of losses.
Data: The average loss of 318 pips/week corresponds to ~1,914 signals per year.
Insight: The strategy not only bleeds money but also bleeds money efficiently by engaging in an unusually large number of statistically hopeless trades. The subscriber sees a constant flow of loser positions.
3. The Performance is Remarkably Consistent in Its Negativity
Although there's normal variation from month to month (for example, -570 pips in August as opposed to -2,450 in May), the result is never in question. The channel never had a profitable month throughout the course of the year.
Point: This is not an instance of "a few bad months" undoing the positive outcomes. The evidence points to a system that's consistently unprofitable in every kind of market throughout the year. The continuity of unprofitability emphasizes that it's not just the system's bad fortune that's creating the problem.
4. The "Best" Trades Are Insufficient to Offset Frequent Losses
The analysis of individual trades shows that the very best profitable trades with 108+ pips are still not substantial enough to counter the usual as well as worst loss. The largest profit appears comparable to the largest loss of 124-pips, but the profit appears in less than a third of the total instances. Insight: The risk/reward structure is inverted for long-term success. To overcome a 29% win rate, the average winning trade would need to be 2-3 times the size of the average losing trade. Here, the average win is smaller than the average loss, creating a scenario where even the best-case winning trades cannot dig the strategy out of its deep statistical hole.
The Bottom Line
A Statistically Guaranteed Way to Lose Money
The "Smith 1000Pips Gold Channel" provides a prime example of slick marketing naming and faulty mathematics. Although the service promises very profitable returns, an analysis of the channel's last year's report shows that it's a service that always ends up unprofitable.
The heart of the problem resides in the trading statistics. The system has a win rate of a staggering 29% and a negative risk-to-reward ratio of 0.9. This implies that out of 100 trades made, 71 of them result in losses. The average loss now exceeds the average gain. The system's analysis shows negative expectancy of around 23 pips. This makes it impossible for such a system to be profitable.
That's not what I'd call bad luck. In one year alone, the channel managed to execute almost 2,000 signals without having a profitable month once. The cumulative loss here stands at an astonishing figure of more than -16,500 pips. The average frequency of these signals stands at 5-7 per day.
Our Rating: Bad
Judgement: Avoid it at all costs. This channel provides not "signals", but a very expensive route to huge losses. The evidence confirms that it's financially destructive to invest on the channel's recommendations.
