Forex Reviews and Recommendations

Avoid this overpriced course

for Forex Training Works

5/8/2010

10 of 10 customers found this helpful (100%)

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.