Did Sandy give any proof that his system actually works, for instance by showing his trading records? Without this sort of evidence anything he says could be hot air. There are loads of people out there selling courses who are not even profitable traders. He must make alot of money out of teaching people these courses.
markjeppo said:I attended Sandy's course at the end of July. Knowing this is my first post (and the possible hostile reception this might attract) I decided to wait a few weeks before posting because I wanted to give Sandy's methods a quick spin first. I must add I'm relatively new to trading and was only drawn to the fib method because I have seen much evidence of its validity. Believe me i'm a total sceptic, but money in the bank makes all the difference.
The results? In a month of using this system I'm actually in profit (almost 10%, but I'm realistic enough to know this will undoubtedly be shaved at some point). Beginner's luck, perhaps, but for me this method has helped me a great deal. It stops me from 'impulse trading', makes my entry & exit points much clearer. It gets me to be patient because I have to wait for the right moment to put the trade on...and it also teaches me that I have to put in the work.
I have looked at many potential trades & waited for the right opportunity only to back down because the risk/reward was not good enough. I've got other situations i'm simply watching to develop my way. This alone is helping me select the best opportunities. NOT having to be in the markets gives me an edge, however silly that may sound.
I like Sandy's honesty too. He said his first aim was to stop us from losing money. If you can get to break even you're going in the right direction. And the emphasis was on preparation & patience. For me, Sandy's course was definitely worth it.