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  • #1,061
  • Jan 9, 2013 2:54am Jan 9, 2013 2:54am
Quoting WannaBePro
Not many people are able to pay monthly bills and survive consistently. 95% of the traders fail sooner or later. Reese seemed to be one of the 5%.
Really? (Again.)

How in the world do you know that Reese pays her/his bills through trading? Which bill?--all of them?--a cell phone bill? And how in the world does anybody know that they are one of the 5%? Profitable traders are worth their weight in gold.

Listen, I'm not a basher...I'm not looking for a fight...the only reason I say this is for the unsuspecting folks who will come around and read this thread whether today, or years in the future. This thread has been used for many a reason and with many a motive. There are too many ways in the world of Forex to lose your money. If people disagree with my views on using MYFXBook to back up their trading claims (and notice that I have only asked people that actually show screenshots of their trades to show that they can do it)...then fine. But it's not a high order...and it's certainly not meant to scare anyone away.

If anyone here is interested in watching a trader in my Skype room take a MYFXBook challenge of taking a $100 account to $100,000 in less than a year (live account with all trades made public, including drawdown, leverage, etc, with no way to fake anything), feel free to contact me.

Kind Regards,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #1,062
  • Jan 9, 2013 9:16am Jan 9, 2013 9:16am
Contact you? Excuse me... Lol.

Who are you? Why do you think, people should prove it to you? How do you know, that he is not paying his bills, can you prove that to me now? Why one should prove to you? I believe, it's none of anyone's business here in FF to ask for statement. Are you really going to look around for screenshot in the whole FF and tell them to prove? lol. People are really going insanely out of topic. Well, it is very clear that you are trying to pick on people. If people just stop posting, then they are scared?

I was trying to learn from Reese and people got so jealous of him and couldn't watch him digging the money from the market. It is such a shame!
  • #1,063
  • Jan 9, 2013 9:45am Jan 9, 2013 9:45am
Quoting WannaBePro
Contact you? Excuse me... Lol.

Who are you? Why do you think, people should prove it to you? How do you know, that he is not paying his bills, can you prove that to me now? ....
live trade explorer or it didn't happen...
  • #1,064
  • Jan 11, 2013 6:32pm Jan 11, 2013 6:32pm
can somebody direct me to where I can download the TDI indicator

thanx
  • #1,065
  • Jan 11, 2013 6:37pm Jan 11, 2013 6:37pm
Quoting Noname
can somebody direct me to where I can download the TDI indicator

thanx
See the 397 attachments in the upper right corner with a paper clip? Hit that and then hit hide images. You'll see experts for TDI real easy.

Enjoy!
  • #1,066
  • Jan 12, 2013 6:11am Jan 12, 2013 6:11am
Quoting WannaBePro
Contact you? Excuse me... Lol.

Who are you? Why do you think, people should prove it to you? How do you know, that he is not paying his bills, can you prove that to me now? Why one should prove to you? I believe, it's none of anyone's business here in FF to ask for statement. Are you really going to look around for screenshot in the whole FF and tell them to prove? lol. People are really going insanely out of topic. Well, it is very clear that you are trying to pick on people. If people just stop posting, then they are scared?

I was trying to...
  • #1,067
  • Jan 12, 2013 7:32am Jan 12, 2013 7:32am
Quoting WannaBePro
Not many people are able to pay monthly bills and survive consistently. 95% of the traders fail sooner or later. Reese seemed to be one of the 5%.
That's an industry cliche used by vendors to sell their "secret" courses. There are thousands if not millions of traders - as defined by anyone who opened an account with any brokerage in any markets. How do we know for sure that 95% of traders fail?
  • #1,068
  • Jan 14, 2013 12:38pm Jan 14, 2013 12:38pm
I signed up for Steve's course back in November of 2012 based on a recommendation from a friend from my church who took the same course from Steve 5 years ago and has been a full-time forex trader. Before I pulled the trigger and spent the 5k+ for the course I was able to trade live with my friend and see when and why he would place trades. I was more of a mechanical trader before I was introduced to Steve's method of trading. I had one mechanical strategy I used on the NZD/JPY for 6 months before it completely quit and killed my account and back to the drawing board. After listening to all the webinars that Steve offers and then reviewing the charts I can see why a mechanical trading system wouldn't consistently work all the time. By no means am I a pro at Steve's method at this time but I feel comfortable and confident enough to trade live again. Steve even says that you shouldn't trade live until you can double your demo account. I get how easy it is to knock some strategy especially when it costs 5k. I know I wouldn't have signed up if it hadn't of been for a recommendation and the fact that I was able to do some live trading beforehand. If something is working for you then run with it. His method may not be for everybody but I'm a fan.
  • #1,069
  • Jan 14, 2013 1:07pm Jan 14, 2013 1:07pm
Quoting Joe12s
I signed up for Steve's course back in November of 2012 based on a recommendation from a friend from my church who took the same course from Steve 5 years ago and has been a full-time forex trader. Before I pulled the trigger and spent the 5k+ for the course I was able to trade live with my friend and see when and why he would place trades. I was more of a mechanical trader before I was introduced to Steve's method of trading. I had one mechanical strategy I used on the NZD/JPY for 6 months before it completely quit and killed my account and back...
Yes, we have noticed how Steve Mauro been subtly backtracking his credentials to "2007" as seen on his latest course slides (Copyright@2007). He spent a year with OTA and then partnered with Zen and Clint in 2009 to start teaching ..... when his Bank of India mentor passed away, so it was really a revelation that you found a friend who studied with Steve 5 years ago. The story must have changed and he forgot to update his 2010-2012 batch of students.
Attached Image
No longer trading forex. Looking for full time job.
  • #1,070
  • Jan 14, 2013 2:48pm Jan 14, 2013 2:48pm
I do believe that 5 years ago Steve was still with Online Trading Academy (OTA). That is where I first met him. What he was teaching then was VERY different than his BTMM course. He was trading on the M5 timeframe. Incidentally, I found the OTA course to be a waste of time. The course is merely an introduction to Forex with emphasis on the many technical indicators available an some discussions on fundamentals. I found that course to be primarily a venue to upsell their XLT course that costs $10,000. I did not take that course. I suspect that Steve had issues with OTA because he wanted to teach students how to actually trade (OTA does not teach that unless it is in the XLT course). Also, I for one do not believe that Steve was trained by a market maker from India. That "story" sounds too much like all the other scams out there where some clown claims that "a wealthy trader took him under his wing and now he wants to share/sell the knowledge". I see this story way too often in marketing videos & webinars. I am somewhat jaded.

That said, I did find value from taking Steve's course. In the end I am glad I took it. I for one could not make his methodolgy work for me, but his course materials provided elements that faciliated my becoming a profitable trader.
Chance favors the prepared
  • #1,071
  • Jan 14, 2013 3:03pm Jan 14, 2013 3:03pm
Quoting JohnW
I do believe that 5 years ago Steve was still with Online Trading Academy (OTA). That is where I first met him. What he was teaching then was VERY different than his BTMM course. He was trading on the M5 timeframe. Incidentally, I found the OTA course to be a waste of time. The course is merely an introduction to Forex with emphasis on the many technical indicators available an some discussions on fundamentals. I found that course to be primarily a venue to upsell their XLT course that costs $10,000. I did not take that course. I suspect that Steve...
He did get fired from OTA after less than a year, when he threw their course binder into waste basket in front of class saying it was all crap. The "story" he told to 4XLA.org was he paid $25K to the mentor and signed a non-disclosure which ceased when the guy passed away.
No longer trading forex. Looking for full time job.
  • #1,072
  • Jan 14, 2013 5:34pm Jan 14, 2013 5:34pm
Like I said, I am jaded.

The OTA course binder really was crap, so he was correct there (I will be selling mine on eBay - want to buy it?)

And there is value in what he teaches. But like all others I have tried, it did not work straight out of the box for me.

I am just tired of these "stories". They all are the same with the same intended objective - "I know how to do this because a rich pro trader taught me."

And yet, when you ask for proof...........
Chance favors the prepared
  • #1,073
  • Jan 15, 2013 8:36am Jan 15, 2013 8:36am
I have taken the course and I found it useful and it makes sense however its not that easy imo. This strategy is only good for ranging environments and when market is correcting nothing about trend trading in the course. I would suggest to anyone taking on the course not to expect to become a profitable trader but more of adding things to your toolbox in your overall market knowledge.
Find your Favourite Pattern
  • #1,074
  • Edited 9:45am Jan 15, 2013 9:06am | Edited 9:45am
Quoting Pipanator
I have taken the course and I found it useful and it makes sense however its not that easy imo. This strategy is only good for ranging environments and when market is correcting nothing about trend trading in the course. I would suggest to anyone taking on the course not to expect to become a profitable trader but more of adding things to your toolbox in your overall market knowledge.
I have downloaded the course too, and to be fair, it did have trend trading strategies such as 50/50 Trade, StraightAway Trade, Safety Trade, and After-The-Peak Trade. The M-A-A-W and W-V-V-M structure are also trend trading, if you can get in the A1, A2 or V1, V2 entries as the trend develops after the false move week beginning. The classic peak formation high (or low) entry on second leg of M pattern (or W pattern) after 3 levels of rise (or fall) at mid-week reversal day is actually the START of the new trend, and you get in at the best price not after the trend has developed and you trade pullbacks or breakouts like other trend-following strategies.
  • #1,075
  • Jan 16, 2013 8:14am Jan 16, 2013 8:14am
could I please have some verification these are "safe trades" please? I missed them when they formed and don't want to again:
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  • #1,076
  • Jan 16, 2013 8:13pm Jan 16, 2013 8:13pm
Or how about this EU 1hr? Is this a level 1 Hit Stops High Drop?
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  • #1,077
  • Jan 19, 2013 12:44am Jan 19, 2013 12:44am
Quoting JohnW
I liked the few Sunday sessions that had Kim K as a guest speaker. It was clear that she did trade live, and she was one of the very few that showed losing trades and not just cherry picked wins. That alone raised my opinion of her. As for the SM course in general, I found some of it quite valuable. I, for one, think that Kim's absence from the DMR will be a loss. I am not a member of the DMR.
Kim K has started her own service.

[quote=pipette4x;260497]hey guys
kim krompass was a moderator for steve and has left his group and started her own group. she's having a free week next week for anyone to try. the first video was done yesterday but she said she was going to post it to the website. you can still register. her information is below. her website is

http://priceactiontradersinstitute.com/

New York Session Forex Market Preview

Join us for a webinar beginning on Jan 17, 2013 at 8:30 AM EST.

Register now!

https://attendee.gotowebinar.com/reg...04803152458240

Join my New York Pre Market Review as I help get you prepared to trade the NY session. This is educational in nature...no trade recommendations will be given.

This is a Free Trial Period for all attendees.

After registering, you will receive a confirmation email containing information about joining the webinar.[/QUOTE
No longer trading forex. Looking for full time job.
  • #1,078
  • Jan 19, 2013 5:37pm Jan 19, 2013 5:37pm
it appears that Kim has learned well from Steve Mauro and Zen Aldridge. The fast easy money to be made in this business is from selling training/education memberships to traders. From the descriptions on her website it looks like she is providing the exact same service as Zen's Market Checkdown and Mauro's DMR, but for a higher cost. I do believe that ANYONE with a year of trading (successful or not) could provide this service. Think that there will be any proof of profitability to support claims made? If Kim follows the examples set by Zen and Steve, think again.
Chance favors the prepared
  • #1,079
  • Jan 20, 2013 1:08am Jan 20, 2013 1:08am
  • #1,080
  • Edited 8:45am Jan 20, 2013 4:04am | Edited 8:45am
[quote=mmaker;6378421]Kim K has started her own service.

Quoting pipette4x
hey guys
kim krompass was a moderator for steve and has left his group and started her own group. she's having a free week next week for anyone to try. the first video was done yesterday but she said she was going to post it to the website. you can still register. her information is below. her website is

http://priceactiontradersinstitute.com/

New York Session Forex Market Preview

Join us for a webinar beginning on Jan 17, 2013 at 8:30 AM EST.

Register...
Please Kim do add the recorded webinars to the ones you did before thanks
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