- #Forex trading courses in cape town for free#
- #Forex trading courses in cape town software#
- #Forex trading courses in cape town free#
Money is the goal for everyone who trades on the stock market. Market is the most desirable in the world Sign up for a forex trading course Why the forex Pairs are also traded in and they one major currency paired with an emergingĬurrency such as the USD/ZAR or Euro/Turkish Lira. Get a variety of crosses such as the Yen above, the GBP Pound and the Euro. A cross will always have the same currency in each pairing. Minor currencyĬurrency pairs or crosses as they are known are pairs that do not have theĭollar on one side. With major currencies, when paired they all contain the US dollar and they are the most frequently traded ones. The course is slick, entertaining but, put simply, the strategies do not produce the results promised over and over and over again throughout the course and its lead up.Currency pairs all have the USD on one side like this… I have been trading commodities for several years, turning an original $10,000 outlay into several hundred thousand dollars by sticking to a dozen strictly objective trading system rules (at only a 75% success rate, but with average wins significantly higher than average losses). Please note that I am not a gullible newbie sucker believing the claims. I had 3 different coaches who all suggested differing approaches and all differed from Greg Secker's "follow the rules for easy instant profit" seminar lessons.
#Forex trading courses in cape town free#
And the free coaching sessions are not consistent with Greg's course content. The backtested results do not stack up (success rates below 50% across all recommended currency pairs). The problem is that the strategies just don't work. Greg and the team are very hard sellers and, under the guise of supporting all delegates, offer all sorts of add-ons to an already expensive course (I don't mind the cost of the course if it can be justified by subsequent trading results) The strategies are only revealed in the last 10% of the course, leaving no time for testing or investigation. Greg continually repeats the same mantras - the 3 strategies taught have an 85%-95% success rate and that the objective rules must be followed precisely. UNFORTUNATELY, IT IS BASED ON FALSE AND MISLEADING REPRESENTATIONS THROUGHOUT. His style is impressive and the course is great. Greg Secker's "Ultimate Forex Profits" 2 day seminar (and also his 3 hour 'teaser' intro night, is very professionally presented and crisply run. Save your money and the stress of feeling duped by going elsewhere. There are much better training companies out there that are much cheaper and run by actual traders rather than marketers - it saddens me that many inexperienced traders will inevitably be ripped off by this marketing machine where you learn very little about effective trading. Most were newbies and simply drifted away with much less money in their pockets after a few months. I stayed in touch with many of my fellow attendees and virtually everyone felt they had been duped by a sales machine selling the financial 'dream'. This is 'sold' to you in the three free half-hour coaching sessions that are included in the Course! The sales pitch in the £2500 course is engineered so that you'll up-grade to the next levels of coaching (or beyond) where they will try and relieve you of at least another £1500 in coaching fees.
#Forex trading courses in cape town for free#
It was a shock to hear some of the 'performance' claims made in the 2-day training course, which were certainly misleading, and subsequent back-testing proved that the methods taught simply don't work, and can be learnt for free on many internet sites. I too have traded the financial markets for many years but decided to do the Forex course as a refresher after a 3-year break. This outfit manages to evade most of the review sites by using 'Knowledge to Action' (to sell its Forex course) and 'Traders University' (to sell its Stocks course). I must echo Robert comments below, which are very accurate. Sometimes i refer to them email they had sent to me so i can have a laugh! i said 'No - i asked you for real results and you sent me fake artwork!' instead of sending to me REAL results.he sent me artwork with lines and arrows with no REAL RESULTS.
#Forex trading courses in cape town software#
I got in contact with a representative of the company asking me to come.i said to them 'sir, if you truly think you are that good then kindly send me some results of the performance of the software with REAL results!'. I got a call from Greg Secker's marketing company promoting their courses in which I replied ' how much' is the course?' they said 'sorry we do not know, kindly attend the seminar' i responded saying 'if i am living hundred's of miles away then how can you expect me to run to the seminar!' 'so, tell me price?' they said 'Sorry we do not know'. From my initial email and phone contact with this company.my first impressions to probably STAY AWAY!