Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Anyone trading live with MAX-FX? 28 replies

Separating Count of Max Pending Orders and Max Open Trades 2 replies

Max's Simple Ride the Wave System 188 replies

HYBRID: trading system within a trading system 30 replies

Attachments: MAX Trading System
Exit Attachments

MAX Trading System

I invite anyone who is interested in taking the MAX course to read this:

http://www.forexfactory.com/showpost...97&postcount=2

Then I invite you to sign-up for the Free MAX Webinar here:

http://www.maxtradingsystem.com/

Jerry aka BB
Quoting BeachBum
Hello Porkpie,

It certainly is your right to disagree with the way that The MAX Trading System is currently being marketed and taught; but I think it is inappropriate for you to think or say that any of us who are currently involved with MAX Training are acting like "vultures", using the death of Jim Pruitt to exploit others. Those who received The MAX as Jim's legacy would, I believe, be insulted by that accusation.

And you only have some of the facts. Yes, Jim did have his "helpers", who for the most part were either not paid for their...
Yes you are right of course. It's non of my business. The bottom line is whether its a good investment and for some it will be an expensive way to find out that it isn't for them. But that's life. Maybe you could have taster sessions for a smaller price for those who need to know a little bit more about the methods and the time frames involved so that they understand how the method could fit in with their lifestyle etc.
Hello Porkpie,

Your idea is excellent!

In fact we are planning to begin a MAX "Lite" course very soon that will do exactly what you have suggested. Those people interested in becoming MAX traders will be able to take a simplified three session course that will introduce them to MAX trading concepts in their simplest form. Those who like what they learn and have greater interest will then be able to take the Standard Course and eventually the Advanced Course. The price of the "Lite" course will be very reasonable.

The best way to learn more about this is to sign-up for the free webinar on October 31 at 4 PM New York time. Those who can't attend will be able to download a free video recording of the webinar.

Sign-up here:

http://www.maxtradingsystem.com/

Regards.................Jerry



Quoting Porkpie
Maybe you could have taster sessions for a smaller price for those who need to know a little bit more about the methods and the time frames involved so that they understand how the method could fit in with their lifestyle etc.
  • Post #64
  • Quote
  • Edited at 9:23pm Nov 5, 2009 9:10pm | Edited at 9:23pm
Way too much$$$$$$ for so little.
You sure Bill Polus is affiliated with this?
Potentially just short of $180,000.oo for 8 hours and some CDs of BS.
And some kind of forum for follow up....... just doesn't seem up and up to me.
Same Whore .... Different Dress
johndoe...

The MAX Trading System has nothing to do with Bill Polus (did you mean Bill Poulus?) and vice-versa.

$180,000.oo.....really? That's a lot of money for any course......lol!

There are no CDs with the MAX course but there is a lot of forex trading training and support including a forum for MAX graduates.

Up and up? Have you taken the course?

If not, then perhaps it would be better to hear from someone who has. If anyone has taken the course and is dissatisfied, now is the time for them to speak up.


Quoting johnedoe
Way too much$$$$$$ for so little.
You sure Bill Polus is affiliated with this?
Potentially just short of $180,000.oo for 8 hours and some CDs of BS.
And some kind of forum for follow up....... just doesn't seem up and up to me.
  • Post #66
  • Quote
  • Edited at 9:05pm Nov 7, 2009 8:11pm | Edited at 9:05pm
we are limiting enrollment to 60 new students.
MAX Standard Training.... $2995.00 per person.
2995 times 60 = $179,700
Training.... ooooo extensive.
Session 1 --- Nov. 15 --- 10 PM EST (2 hour training)
Session 2 --- Nov. 18 --- 2 PM EST (1 hour training)
Session 3 --- Nov. 22 --- 10 PM EST (1 hour training)
Session 4 --- Nov. 25 --- 2 PM EST (1 hour training)
Session 5 --- Nov. 29 --- 10 PM EST (1 hour training)
Session 6 --- Dec. 2 --- 2 PM EST (1 hour training)
Session 7 --- Dec. 6 --- 10 PM EST (1 hour training)

Have I missed something here?

And no I have not taken the course, Nor will I.

As David Hannum said....... there's a sucker born every minute.


Neal T. Weintraub had a great line:
“You will run out of money before a guru runs out of indicators…”
Meaning, don’t get caught up looking for the perfect entry or the magic entry indicator.
It is a waste of time and money.
Same Whore .... Different Dress
johndoe...

For the record: the current price for the Standard Course is $1995 not $2995.

And thus far we do not have any graduates who have complained about the cost or asked for their money back. The conclusion: the course is very good value. Especially when it helps a trader not only become successful and profitable but also increase their profit potential three fold or more.

And yes, we limit the number of students to 60 per course. So theoretically a full course could generate $119,700 in gross revenue. In a perfect scenario that is. When we reach that level of training, I will be sure to let everyone know about it.

Your recent posts in this thread got me to wondering about what your agenda might be; so I looked at some of your posts. IMO it appears that you like to "stir the pot" so to speak.

But your position on this topic reminds me of a child who refuses to eat their broccoli because they "hate broccoli", even though they have never tasted broccoli. Attempting to appear authoritative on a subject that a person knows very little about provides a glimpse into that person's real character. I'll leave it at that.

There are a few FF members who have taken the MAX course(s); and at least one has posted that he is glad he did. Are these people "suckers"? Perhaps by your definition. But as long as traders are helped by what they learn from taking MAX based training, we shall continue to move forward and leave the "pot-stirrers" behind.

Regards...................Jerry
Quoting johnedoe



Neal T. Weintraub had a great line:
“You will run out of money before a guru runs out of indicators…”
Meaning, don’t get caught up looking for the perfect entry or the magic entry indicator.
It is a waste of time and money.
johndoe,

It is unfortunate that you have not taken the course. They do not provide a magic entry indicator, they do not look for the perfect entry.

The concept behind MAX is to jump aboard the momentum of a pair at that moment in time. Nothing outstanding in concept. No secret sauce.

What is outstanding is their process. It is the process that they ingrain in a person as you go through the course. The homework that is required can be extensive. The grading of the homework is outstanding. They provide continual feedback to you. this is all done on a private forum where other students get to see your work and their corrections or suggestions to your work.

They teach patience and discipline. They ingrain patience and discipline through their process.

The entry triggers make sense. The ideas behind the entries and exits make sense. Are there other entries/exits. Sure there are. There are tons of successful entry/exit techniques that exist. They show you one with three different modifications. It works.

Who is the course for? The course is for any trader that wants to bring a consistent, disciplined approach to their trading. It is not for someone looking for an EA. It is not for someone looking for a get rich quick scheme. It is not for someone who is not open to learning patience and discipline.
A class act is right.

Quoting mbqb11
i am not qualified to speak about the method b/c of course i don't know what it is.

But i can speak nothing but great things for beachbum, he is a class act and always has been

best godfather

mike
...........and speechless (most unusual for me!)

Quoting james16
A class act is right.
I was very busy lately with not FX related business and that was the only reason that I didn't participate in the Max course yet.

But one of my THV Team members testified me that it's worth the money.

Today he trades THV to scalp some pips here and there but the main system he uses is the MAX for daytrading.

Many traders could save money and time if a good mentor like Jerry (ak BB) would have shown them the way.

As I understand it's not just the hours of the training course you pay, it's a constant support of the Max mentors and that takes time which needs to be honored.

I took several times in my life Motivation and Marketing seminars which had the cost of 5000 and more bucks for just two days but the only thing I can tell is that they where worth every cent I have paid as the trainers have been simply the best and the reward was just great.

I will rate this thread for the personallity of my friend Jerry, I know that he is a great person who don't get involved in something that wouldn't give a good reward when doing the homework.
Cobra......I greatly appreciate your kind words!

The team member you refer to has done very well using The MAX System just as you describe. And there a few more FF members who have taken the course and benefited.

My invitation stands: if you have questions about the MAX system and the course, send me a PM and I'll do my best to answer promptly.

Jerry


Quoting cobraforex
I was very busy lately with not FX related business and that was the only reason that I didn't participate in the Max course yet.

But one of my THV Team members testified me that it's worth the money.

Today he trades THV to scalp some pips here and there but the main system he uses is the MAX for daytrading.

Many traders could save money and time if a good mentor like Jerry (ak BB) would have shown them the way.

As I understand it's not just the hours of the training course you pay, it's a constant support of the Max mentors and that takes time...
A FF member has sent me a PM with numerous questions about The MAX Trading System and the new MAX Lite course scheduled to begin on December 6, 2009. The questions are relevant to the trading system and might well be of interest to others who are contemplating taking one of the courses.

So I've decided to post the questions and my answers.

* Looking at the thread at one point you had 10 completed max trades. Probably you have much more now, is it possible to share win/loss ratio?

Qualified and experienced MAX traders average an 80% win rate regardless of the time frame or the pairs traded.

* Does the MAX lite provides a full system, (i.e. when to enter if conditions are met, where to put the SL and how to manage the subsequent trades, new entries, stops, TPs, et)

MAX Lite is just that; a very basic trading system which will provide the student the tools needed to identify a basic MAX trade. How to identify an entry, chose a stop loss and when to exit the trade. After the trader realizes how powerful the MAX Trading System is, the next step would be the Standard course which provides training making it possible to substantially increase the profitability of each trade as well as identify potentially winning trades in difficult market conditions. (Analogy: learn to crawl, learn to walk, learn to run, become a marathon runner.)

* Can we start making money with MAX lite in a consistent way, assuming I put the relevant focus and work on the system? My intention would be to enroll on the standard course once I had paid for the fees from market profit using the Lite system, does it seems reasonable?

Very reasonable! We have students in the Advanced Course who earned their tuition by using what they learned MAX trading after taking the Standard Course.

* I see that the times for webminars are EST, which in Europe seem a bit inconvenient. Not particularly an issue, I can make the effort of being awake at 03h00/04h00 am to attend the sessions, however not sure if I will absorb everything at these times. Are the MAX lite sessions also recorded and sent after they are taught?

Yes, all MAX courses are video recorded and the videos are available to all students for future reference and review.

* Also for the December MAX lite course I can't attend two of the sessions due to traveling. Is it better to wait for another session in the future?

Not really, you will have the video to use to finish your training.

* Are they also homework and exercises to be done in the MAX lite session? I find this very useful because it will force me to focus and do a work on the MAX which will be great to ensure focus on the technique.

Home work will not be a part of the MAX Lite course; it is an integral part of the Standard and Advanced courses. However, all MAX Lite students will benefit more fully from the course by spending time after each lesson practicing the concepts that are taught.

* Can I use MAX Lite even for time-frames such as Daily? If I have very little time for being on the computer? Also what is the best time to trade MAX Lite, in times of high liquidity?

MAX Lite concepts will work on all time frames including Daily. MAX trading can be successful during any time of the day. But like any trend trading system, the results will be greater when the markets are strongly trending. Personally I monitor almost 20 pairs because when several pairs are not trending, others most likely are. On any given day it is possible to find three or more profitable MAX trades on any pair on the M5 time-frame.

* Is the risk taken very high? Is this method having a lot of DD on open positions?

No high risk trades! No high DD! Traders are taught to carefully manage trades and only accept small losers while allowing the winners to run.

If you have more questions about MAX trading or the upcoming MAX Lite course, please send me a PM. I'll answer all inquiries promptly.

Here's a link for the MAX Lite course:

Sign-UP Here

HTH................Jerry
Free webinar scheduled for Sunday December 27 at 4PM EST:

http://www.forexfactory.com/showthread.php?t=202198
I remember taking the course before Dr. Pruitt passed. It is indeed a very good course and based on a book I read by another very successful trader. When I took the course, in a lot of ways it was still advancing, in terms of trying to determine when to make the first entry. Though, I believe it was much cheaper back then. One hurdle Jim and I had was that he wanted me to only do black charts, and I can't read black charts. I don't think we ever got around that. Though I did still learn a lot by what he taught.

Many people did see amazing results using the Max Method, and it is still something I try to incorporate everyday when I trade.

Good luck to you Max traders and graduates.
"Keep your eyes on the helpers" - Mr. Rogers
http://www.forexfactory.com/showpost...48&postcount=8
Another free webinar has been scheduled:

Click on this!!!
Hmm, if someone can trade and make money why sell a "system"? The only system that I have seen that does okay is Bill Williams but he has made a few million over the 40 years he has been doing this.
Keep taking CT trades, I need more money :)
Interesting comment.........let's discuss this.

If you had a "system" to trade Forex that was profitable, what would you do?

1. Keep it to yourself?

2. Share it only with friends and close associates?

3. Give it away?

4. Sell it?

5. None of the above

Consider too that options 1 through 4 will require time and effort on your part to make that "system" available to others. How would you balance that effort with your own trading schedule and regimen?



Quoting Ryanmcd
Hmm, if someone can trade and make money why sell a "system"? The only system that I have seen that does okay is Bill Williams but he has made a few million over the 40 years he has been doing this.
Quoting BeachBum
Interesting comment.........let's discuss this.

If you had a "system" to trade Forex that was profitable, what would you do?

1. Keep it to yourself?

2. Share it only with friends and close associates?

3. Give it away?

4. Sell it?

5. None of the above

[color=navy]Consider too that options 1 through 4 will require time and effort on your part to make that "system" available to others....

1. Nope, I posted what I do here a few years ago. Now they have a thread with 200+ pages of others trying to do it.

2. Tried to help friends but they did not want to put in the effort so I just keep quiet about it now.

3. If someone helps me I will be glad to show them what I know to try to help them. You have no closed system that will work over and over for long term. If it did and you could make any amount of money why would you sell it? At least when I talked with Bill Williams he does this now because he enjoys it and it's not about the money he has that it's just something he enjoys. It's his daughter doing it now though.


4. I don't need the money, even if someone offered me $1,000 a hour I still would not teach someone to trade, it's too much work and if they want to learn it they can just takes time.

5. n/a
Keep taking CT trades, I need more money :)
0 traders viewing now