I have almost finished the course. I agree it is a lot of money, but I guess I decided to pay for the motivation and one on one training. They set up the software for trading and get the student to do homework to make sure the principles are understood. So far there are no hidden costs and I can see a good demonstration of how the methodology works as well as the cost and risk involved in placing a trade. I think I am about three months into it now and I am currently practicing the principles. I plan to do live trading soon once I can see that I have applied the rules consistently therefore getting a majority of wins.
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Glad to hear you felt it was a wise investment.
$14,000 is quite a bit of money. If you have the personal motivation there are places like babypips.com which will teach you the ropes for free.
From there, start with a $1,000 live account. Demo accounts are nice, but once you have done the basics nothing beats the pressure of using real money. Trading is as much about the pressure and psychology as the methodology.
You will probably lose 2 or 3 live accounts. You will however learn so much more.
End cost $2-3,000 and dare I suggest you will know just as much, if not more then you would through a course, provided you have the motivation and discipline.
$14,000 is quite a bit of money. If you have the personal motivation there are places like babypips.com which will teach you the ropes for free.
From there, start with a $1,000 live account. Demo accounts are nice, but once you have done the basics nothing beats the pressure of using real money. Trading is as much about the pressure and psychology as the methodology.
You will probably lose 2 or 3 live accounts. You will however learn so much more.
End cost $2-3,000 and dare I suggest you will know just as much, if not more then you would through a course, provided you have the motivation and discipline.
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First you got to ask yourself. If this trading system is so good, why are they trying to sell it to me.
I know if I had the perfect money making machine, I wouldn't bother trying to sell it to someone else. Why would you.
I know if I had the perfect money making machine, I wouldn't bother trying to sell it to someone else. Why would you.
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First you got to ask yourself. If this trading system is so good, why are they trying to sell it to me.
I know if I had the perfect money making machine, I wouldn't bother trying to sell it to someone else. Why would you.
That is a very good question.
Firstly, if I had the perfect money making machine I would not be letting it out either!
However, if I had a solid money making system, and it could be protected, I would. It is an additional revenue source for you.The forex market is worth 4 trillion dollars a day. Unless the system is trading the less liquid pre-Asian/post-US session you are not going to crowd out the market with your system.
It comes back to demanding a high level of evidence and treating everything with skepticism.
As an example of a system I like: http://forex-combo.com/
Doesn't promise the world (ie get rich by next Christmas!!!), provides full historical testing and live forward results from the vendor plus many independent customers.
I have no affiliation with that site, I just wanted to point out an example of a system which I would investigate further because it provides open evidence of its performance.
