Forex Mentor Course - My Full Story
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Bailey Blair
Mar 23, 2010, 10:17:18 PM3/23/10
to Forex Trading
I began my first forex trade three years ago, at this time,
information sources of trading available were very limited, I could
not get the the suitable information on online forex course for free
trading to allow me to begin a live forex trading successfully, all my
sources of information and trading strategies were obtained from forex
forums posts and the trial and errors of former forex traders and
their trading strategies, which were evolved to suit their needs and
their potential financial capabilities.
I had a long time with a forex demo account for several months, I did
not dare to enter into a real live forex trading, because my capital
was very limited, and there were no free online forex courses which I
can get to help me in my trading. But one day I landed on a website
which sell a forex training course package, this website claimed that
the its strategy results in a profit rate around 80% in all cases, I
read more on this course enough to to be motivated to buy it,
especially its price was very suitable to me ($99 total for the 5
ebooks). Once I got the ebooks, I began reading every single word in
them with voracity, and - for honesty - it was the first time for me
to read in details about forex money management and risk management
and their vital rule in forex trading, but this was all I had gotten
from this course, nothing otherwise.
I tried to contact the author of the forex course to query him about
several points regarding his training program, and guess what? I did
not get any response from him, I contacted him up to 10 times, however
I did not hear one word.
This was the lesson #1 I learned: It is not about the training
program, it's about the AUTHOR of this program, is he alive man? is he
a real forex trader OR: he's just a teacher of theoretical lectures in
forex trading!
The lesson #2 I learnt was: What is degree of the technical support
provided after purchasing his forex training program? shall I find him
when I need him?
After a whole year, I would have left almost forex trading and
preoccupied by other businesses, but one day while surfing on the
internet, I found by accident the Forex Mentor website, and once
landed on the main page, at the first sight I cynically laughed and
said to myself: "Another Scam!!"
However, I started reading all the information on his training program
and the main idea behind it: Pivot Points. I began once again thinking
seriously to return to forex trading, and decided to purchase this
program of Peter Bain, but for the first glance, I was disappointed
for its high price ($495 for a hard copy on CDs, or $349 of the
digital copy). After a short time of deep thinking and trying to
decide whether I'll buy or not, I said to myself, I lost in the forex
trading in the past several thousand of dollars, let them be several
thousand PLUS $495!!
I read every word on the Forex Mentor Website, I collected every
information available about the Author (Peter Bain) and his history in
the forex and stocks market, I read many indpendent reviews about this
course. Despite of that, The most important factores encouraged me to
buy forex mentor course were as the follows:
The Concept of Forex Mentor Trading System
1- The Program Author: Peter Bain, I read a lot more about him on the
internet and on his long experience in the area of trading in stocks,
currencies, and the large number of successful traders who trained by
him who achieved good trading results with the favor of his forex
trading advises.
Peater Bain has developed a very successful trading strategy based on
Pivot Points, which depends primarily on the concept of support and
resistance: When you see price violate a pivot point convincingly,
there are automated trading systems out there that automatically kick
in and buy or sell, depending upon where price is going. So, in
essence, these two factors alone account for why other indicators are
left breathing dust. Bar patterns, MACD divergence, different time
frame readings, and trendlines are definite precursors to price
changing direction but, in the final analysis, where price is in
relation to its nearest pivot point, is the big clue. Tie all these
indications together, and you are sure to out-fox price's next move.
2- This coach always exists whenever you need him, he provides One-on-
one feedback, he believes that every forex trader trainee has
different needs and requires special attention, this feature adds high
value to his forex training program.
3- Members only forum, where members can talk just about everything
related to the Forex market and the Forex training program. This is
the most important characteristic of this program, getting in touch
with other forex traders add to your learning experiences.
4- Free membership for 6 months ($ 199 value) membership alone equal
times the value of this course, after the period of six months, you
will be deducting $100 for renewal, through this membership you will
receive on a daily basis the following material:
information sources of trading available were very limited, I could
not get the the suitable information on online forex course for free
trading to allow me to begin a live forex trading successfully, all my
sources of information and trading strategies were obtained from forex
forums posts and the trial and errors of former forex traders and
their trading strategies, which were evolved to suit their needs and
their potential financial capabilities.
I had a long time with a forex demo account for several months, I did
not dare to enter into a real live forex trading, because my capital
was very limited, and there were no free online forex courses which I
can get to help me in my trading. But one day I landed on a website
which sell a forex training course package, this website claimed that
the its strategy results in a profit rate around 80% in all cases, I
read more on this course enough to to be motivated to buy it,
especially its price was very suitable to me ($99 total for the 5
ebooks). Once I got the ebooks, I began reading every single word in
them with voracity, and - for honesty - it was the first time for me
to read in details about forex money management and risk management
and their vital rule in forex trading, but this was all I had gotten
from this course, nothing otherwise.
I tried to contact the author of the forex course to query him about
several points regarding his training program, and guess what? I did
not get any response from him, I contacted him up to 10 times, however
I did not hear one word.
This was the lesson #1 I learned: It is not about the training
program, it's about the AUTHOR of this program, is he alive man? is he
a real forex trader OR: he's just a teacher of theoretical lectures in
forex trading!
The lesson #2 I learnt was: What is degree of the technical support
provided after purchasing his forex training program? shall I find him
when I need him?
After a whole year, I would have left almost forex trading and
preoccupied by other businesses, but one day while surfing on the
internet, I found by accident the Forex Mentor website, and once
landed on the main page, at the first sight I cynically laughed and
said to myself: "Another Scam!!"
However, I started reading all the information on his training program
and the main idea behind it: Pivot Points. I began once again thinking
seriously to return to forex trading, and decided to purchase this
program of Peter Bain, but for the first glance, I was disappointed
for its high price ($495 for a hard copy on CDs, or $349 of the
digital copy). After a short time of deep thinking and trying to
decide whether I'll buy or not, I said to myself, I lost in the forex
trading in the past several thousand of dollars, let them be several
thousand PLUS $495!!
I read every word on the Forex Mentor Website, I collected every
information available about the Author (Peter Bain) and his history in
the forex and stocks market, I read many indpendent reviews about this
course. Despite of that, The most important factores encouraged me to
buy forex mentor course were as the follows:
The Concept of Forex Mentor Trading System
1- The Program Author: Peter Bain, I read a lot more about him on the
internet and on his long experience in the area of trading in stocks,
currencies, and the large number of successful traders who trained by
him who achieved good trading results with the favor of his forex
trading advises.
Peater Bain has developed a very successful trading strategy based on
Pivot Points, which depends primarily on the concept of support and
resistance: When you see price violate a pivot point convincingly,
there are automated trading systems out there that automatically kick
in and buy or sell, depending upon where price is going. So, in
essence, these two factors alone account for why other indicators are
left breathing dust. Bar patterns, MACD divergence, different time
frame readings, and trendlines are definite precursors to price
changing direction but, in the final analysis, where price is in
relation to its nearest pivot point, is the big clue. Tie all these
indications together, and you are sure to out-fox price's next move.
2- This coach always exists whenever you need him, he provides One-on-
one feedback, he believes that every forex trader trainee has
different needs and requires special attention, this feature adds high
value to his forex training program.
3- Members only forum, where members can talk just about everything
related to the Forex market and the Forex training program. This is
the most important characteristic of this program, getting in touch
with other forex traders add to your learning experiences.
4- Free membership for 6 months ($ 199 value) membership alone equal
times the value of this course, after the period of six months, you
will be deducting $100 for renewal, through this membership you will
receive on a daily basis the following material:
Daily Video Questions and Answers - That's right! I will personally
answer your email trading questions via live streaming video. You
probably think we've gone off the deep end! But again, we are fully
committed to your success!
Daily Trading Examples and Reviews - Success by repetition! Everyday,
I will illustrate successful forex trading techniques using the most
recent trading markets. These videos streamed to your PC put you right
in front of the action! No more reading static charts and text. You
can watch these videos any time for as many times as you like.
Daily Pivot Data for the 6 Major Pairs - We calculate the daily pivots
for all the major currency pairs & make them available to you. So
you don't have to do the work!
Forex Online Pivot Calculator - Fine-tune your forex trading by
calculating your own pivot points. Trade other markets using these
same pivot point principles.
Meet Local forex traders in your area through one of our dozens of
local user groups all over the world.
Member Discussion Forum - Discuss forex trading strategies and tips
with thousands of other like-minded traders from around the world in
our member discussion forex forum.
Fore more Details on the Forex Mentor Course Components: http://www.4x-course.com
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