Trading Strategies
(4.8 stars)
Live Training Room with Phil Newton. Full personal access to Phil Newton as he trades. You will see live market action together with his commentary and ask questions directly of Phil as he trades. ...
Avoid this overpriced course
5/8/2010
- Pros:
- None
- Cons:
- None
- Bottom Line:
- No, I would not recommend this to a friend
- Quote:
- this course is way overpriced.most of its content can be learned for free over the internet. after you learn the basics, the system trades the London open when GBP & EUR correlate with the CHF. then the system gets you to scalp 1-2 pips profit, and get out. yep thats ii folks ! 1-2 pips profit only. why.? to minimise risk to the mkt ! this method is flawed. to make money, you need to have multpile lots on. thereby increasing your risk to the mkt. and the spread usually kills you- mkts natural flow moves prices quickly and you can easily lose 15 pips. 3-4 of those trades, and you need 30 x 2 pip winners to recoup it. yeah great Sid. do the math.risk/ reward ration of about -4. forget this system and save your money. look on the internet for free stuff thats better. there are 1000's of systems out there for free or less than $99. dont pay $1,000+ plus for this course. i did, and i am sorry. its not even well structered or put together. ! pass on it.
