Hi,
i knew here are a few german traders as well. Does anyone have experience with this broker?
I'm worried a little bit about that they are scam brokers. I have booked a webinar for their 
with that good looking promises
for 997 
The first 2 hours silly talking about casinogames to teach you about edge (wow the speaker like to poker). Then 2 hours talking about old indicators (from that threads http://www.forexfactory.com/showthread.php?p=2815079 http://www.forexfactory.com/showthread.php?t=373747 and that source http://www.pointzero-trading.com/Fre...wnloads/view/8) combining them to a "great new system".
At this point i feared that i was ripped hard by this guys. The chart is full of colored indicators to distract and on top the price action will be decepted by heiken ashi candles so you can't see the real price. No clear target rules, so you can't calculate a risk reward ratio either. And second class trailing stop with donchian channels (linked to the turtle traders and used as argument for the superior exit strategy). But we all know that the turtle strategy is not working since a few years.
The last to parts of the webinar where about the "trade rules" of that superior system (the best the guys ever made, bla bla bla) and determining risk using equity and range to your stop loss.
All that bullshit is not worth the time for watching even a grand, in my eyes.
So does anyone has made the same experience? For all the lucky ones who booked munich in january. It's still time to cancel and safe the money (you can donate me, maybe i get some back an we have a win win situation
).
If someone argumenting that's this system works, i can proof that it not works regarding their traderules. Everytime, everywhere. The only symbol who gives decent gains is german DAX on M1 charts. But then you must be lucky to find a broker who let you trade after close of dax because most of the gains are generated in that times. But when you dig deeper and take into account the higher spread during these periods the gains turn into looses.
i knew here are a few german traders as well. Does anyone have experience with this broker?
I'm worried a little bit about that they are scam brokers. I have booked a webinar for their
The first 2 hours silly talking about casinogames to teach you about edge (wow the speaker like to poker). Then 2 hours talking about old indicators (from that threads http://www.forexfactory.com/showthread.php?p=2815079 http://www.forexfactory.com/showthread.php?t=373747 and that source http://www.pointzero-trading.com/Fre...wnloads/view/8) combining them to a "great new system".
At this point i feared that i was ripped hard by this guys. The chart is full of colored indicators to distract and on top the price action will be decepted by heiken ashi candles so you can't see the real price. No clear target rules, so you can't calculate a risk reward ratio either. And second class trailing stop with donchian channels (linked to the turtle traders and used as argument for the superior exit strategy). But we all know that the turtle strategy is not working since a few years.
The last to parts of the webinar where about the "trade rules" of that superior system (the best the guys ever made, bla bla bla) and determining risk using equity and range to your stop loss.
All that bullshit is not worth the time for watching even a grand, in my eyes.
So does anyone has made the same experience? For all the lucky ones who booked munich in january. It's still time to cancel and safe the money (you can donate me, maybe i get some back an we have a win win situation
).If someone argumenting that's this system works, i can proof that it not works regarding their traderules. Everytime, everywhere. The only symbol who gives decent gains is german DAX on M1 charts. But then you must be lucky to find a broker who let you trade after close of dax because most of the gains are generated in that times. But when you dig deeper and take into account the higher spread during these periods the gains turn into looses.
