In the 2005 January issue of ACTIVE TRADER MAG. there is an interview with a trader called Dina Takemoto who is trading the TRADER'S INTERNATIONAL way! Read it! It is a very good interview!
Have you finally purchased the course? If yes what is your opinion about it? Are you trading it? I cannot decide between this course and TODD MITCHELL'S course and COILLEDMARKETS. Any information opinion would be really appreciated!
Traders International is not a good place to start. I have been wit them for about 6 months and it is not worth your money. They sell you the system which does not work. They will tell, you need about a year or more to learn how to trade. And the results! Look at pre market live trading results Traders International - Latest Live Signal Results - at the bottom of each day. These are the true results. If you would trade these you loose money. The so called “24/5 trading room” results are “inaccurate”. I can not comment on “Pro Trading Room” I have been there only couple of times and I do not like it. For half of this money you can buy Esignal Advance Get and be much better off..
10 years of Traders International.
Yeep, as you mention they have been around for 10 years however there are only about 300 people login to the trading rooms each night (I am from Down Under). And most of them are new members. I did not come across someone who is longer than 6 months with TI and still an actve member. In January they gave away free access to both trading rooms for two weeks and a very discounted price if you want to rejoin after that, to lure the “old members” back but I am positive mot many actually got back. I am positive because I myself have not seen any changes since I left TI. Besides, did you noticed that on every webinar they have room in “privatised mode” so nobody is able to see other people’s comment or questions. Don’t you ask yourself a question “WHY?” They suppose to have TI Traders forum so the traders can contact each others and exchange opinions ideas and so on. It supposed to start in November last year. It didn’t – WHY? And so on … - go and join them if you have 10 grands to give away, can not sleep at night and can not find anybody to talk to you whole night for less. Anyhow, good luck and good trading
I decided to follow a subscribers advice and undertook a scan of the internet for Divergence Trading. Located the following sites which seem quite promising.
Divergence Trading Patterns
Divergence Trading: Using Divergence System to Trade Forex Currency
Incredible Charts: Trading - Systems: Divergence trading
Trading The MACD Divergence
Using the above I should be able start using the Divergence Trading method. Rather than payout the $5000 spend a month teaching myself.
I still have not rulled out Traders International as a source of income but it's expensive.
I get the private bit, its how they promo their organization too - lots of keep away. However, did you make money? They claim major wins every day and did their system work for you??
No, I did not make money. I wanted to find TI member who was consistently making money but I was not able to. It was not able to find members who were with TI longer than 6 months. I am curious if there is one who is following moderator’s calls in the trading room and makes money day in and day out as it is recorded in live trading results on their web site. The problem with following the calls is that: entry is very well defined but exit is not and it is not based on trailing stops but discretion of the moderator. The moderator, especially Reach Malcolm can not decide himself whether to exit or say with the trade. His calls are chaotic, more or less like: “you may exit the trade if so desire” or “exit, exit, no say in, say in”.
As you know entry is the least important part of the trading system. The money management and exit makes you money but TI practice in the trading rooms are completely different to the theory they try to teach in the trading course.
The fact that I didn’t make money is not relevant but it would be nice to know, percentage wise, how many TI members are making money following calls in the trading rooms. I have heard TI is setting traders support group so hopefully I will find out.
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