Some Interesting posts regarding Forex121.
I knew of the link with regard to FXClub before I joined Forex121. I looked at the videos, historical blog, did the free trial and spoke with Dan before joining.
I cant comment on FX500 as I was not a member but it must be difficult to run such a service, and keep everybody happy all the time as they will have different needs and wants.
All I can do is judge Forex121 as I experience it and for me it is delivering on what is has set out to do and long may that continue.
As for peoples motivation, not everyone has the capacity to be profitable trader, so such services will appeal for a number of reasons, for example;
1. I am working fulltime in a busy job and need extra income (as many do in current climate) and cant watch the PC all day.
2. I am a stay at home mum, I cant get a job due to kids and cost of child care, can trade some but not all the day, around the kids.
3. I have been made redundant, I do not have good prospects of finding employment quickly, I would benefit from FX education, but the idea of signals at the same time appeals, so I can earn while I learn.
4. Ive been trading/learning FX for a couple of years, self taught and would benefit from a mentor, also the idea of signals means i earn while learn, and use small stakes on my own trades
5. I trade the M5 but hate being at the PC all day, the idea of trading longer t/fs appeals and 2/3 trades per week sounds ideal
The point is everyone is different, and people will learn something about themselves, ie they will discover whether such a service will work for them.
I actually think the Forex121 is the real deal but like any business i have realistic expectations so its a long term plan
ST
I knew of the link with regard to FXClub before I joined Forex121. I looked at the videos, historical blog, did the free trial and spoke with Dan before joining.
I cant comment on FX500 as I was not a member but it must be difficult to run such a service, and keep everybody happy all the time as they will have different needs and wants.
All I can do is judge Forex121 as I experience it and for me it is delivering on what is has set out to do and long may that continue.
As for peoples motivation, not everyone has the capacity to be profitable trader, so such services will appeal for a number of reasons, for example;
1. I am working fulltime in a busy job and need extra income (as many do in current climate) and cant watch the PC all day.
2. I am a stay at home mum, I cant get a job due to kids and cost of child care, can trade some but not all the day, around the kids.
3. I have been made redundant, I do not have good prospects of finding employment quickly, I would benefit from FX education, but the idea of signals at the same time appeals, so I can earn while I learn.
4. Ive been trading/learning FX for a couple of years, self taught and would benefit from a mentor, also the idea of signals means i earn while learn, and use small stakes on my own trades
5. I trade the M5 but hate being at the PC all day, the idea of trading longer t/fs appeals and 2/3 trades per week sounds ideal
The point is everyone is different, and people will learn something about themselves, ie they will discover whether such a service will work for them.
I actually think the Forex121 is the real deal but like any business i have realistic expectations so its a long term plan
ST
