Trading Concepts Inc 

Category: Forex Education Reviews
http://tradingconceptsinc.com/
Average user rating from: 3 user(s)

Education Rating SCAM 0.3
 

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User reviews
SCAM
Saturday, 23 January 2010

Written by Peter from USA

COMPLETE SCAM. Todd Mitchell never returned my support calls and this "Jared Putnam" guy is a joke trader. I signed up (regretfully) for their "superb day trading room". What a complete fraud. Thank the lord I have the wisdom to paper trade these idiots before doing actual trading. Would have lost a fortune. Yet the market "updates" they give only give "profitable" trades... complete BS.. stay away
SCAM
Tuesday, 15 September 2009

Written by RY from USA

A real waste of money. The system is subjective, not clear, the rules are contradictory and he does not even trade the system! He claims to prepare you to be a "professional" but it is difficult to see how this system prepares anyone to be a professional at anything. What really irks me is that he essentially sells this system, answers questions, and he does not place the trades he sees in hindsight. If you read the disclaimer on his materials, he even says that he does not place the trades. He offers to be helpful and supportive and when you call him up he is in a rush and becomes irritated that you contacted him, as if you are bothering him.
Move on. Don't waste your money.
Monday, 23 February 2009

Written by Ronin from USA

This is an excellent course, the trading method is mostly applicable to the E-mini S&P.
Customer service is excellent, but if your questions is about trading the forex market you will not get them answered. You will be referred back to the course material and told to apply the method as instructed, which will not help.
Remember, the author of this course by his own admission, has only traded the S&P for 20 years and has never traded forex. He told me the method will work on forex but adds he has never looked on a forex chart. So, he does not know how currency pairs behave.

Bottom line, this course works for the S&P. As one of this student that trades forex with this method told me. Quote “ If you do not mind being stopped out a few times before making a profit on your trade or waiting a few days or a week for a setup, you can use this course to trade forex.”

Using this course to trade forex and following it exactly, especially on its entry and exit strategies, a typical trading day would look like this.
Stopped out 2-3 times minus 30-45 pips, market continues in your direction the 4th time plus 20 or 30 pips. So you are usually at a loss, using this method to day trade the forex.
You will never catch a 60 to 100 pip move using this method for the forex.

I gave this course to a friend that only trades the E-mini S&P, they told me its just great on the S&P and their profits are phenomenal!

Buy it if you trade the E mini S&P only, its not for the forex.


 

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