Just thought I would add my input here but before i do
1)I'm impartial and have only experienced the services supplied by them
2)I'm a current member but will be leaving soon as I feel I have run my course with it however, I feel it has defitnatley added a string to my bow, and dont consider the subscription expensive (personally)
3) Not ineterested in anyone who wants to ppull my grammer apart or tell me i work at FTSEDay ( I don't) ppull was intended lol
My story,
I joined at the inception of FTSEDay trading room, I liked the simplicity of the set ups and the simple fact is they do give you an edge (I believe) in that i believe if you trade enough of the setups consistently you will come out on top. For sure there will be loosers but as long as theres more winners then thats a good enough edge for me. (I think many misunderstand this) House edge is what makes the roulette a wheel a winner for casinos, slightly tip the odds in you favour and you have a possitive outcome on the balance of probability, simples!! I personally did well although I adapted the set ups to suit me a little more, but isnt that why we do these things to develop as individuals. I did as was guided and started with a small pot £200 (which is one of the benefits of trading like this) walking into this room after having a bit of bad run this was a breath of fresh air having blown a nice size pot into tiny pieces previously, and based on the setups and entry points I got the pot to £3000 not to shabby I think. Most of all the money management and discipline turned me once again into consistently winning. I found Mike to be a helpful chap, I like him. He doesnt pretend to be the most technical trader , but somtimes I dont think thats a bad thing either.
Now for the negatives:
The setups sometimes can be few and far between requiring discipline to wait and where I belive many fail. This means waiting around for trades rather than going out and attacking the market on a minute by minute basis, and a little too slow for me to be honest. Also I think Mike should be a bit more open about his trades realtime, and also come clean on losses as this I think would give it all more credit, NO ONES so good that they dont take losses as in all the time I was there I dont remember many lossing trades placed by Mike (sorry Mike) Also Mike seemed to be around alot at night when the action was less and not enough when he was needed but maybe that has changed now as I havent been in the room for a few weeks, and I also personally found the room a bit of a pain with often too many opinions around that would undermine trades once entered not Mike I might add.
Overall though a positive experience for which I'm happy with what it cost me and what I learned. But now time for me to spread my wings. Just felt it necessary to post my comments and balance the argument a little. As ever each to there own. But i think you could do far worse than to spend a bit of time there, and if you've been loosing hand over fist, go and learn something about money management, although in my case not with such tight stops as Mike employs, but again thats personall choice.
Any way be lucky all.
