Thank you Oldun - you know where I'm coming from, and you speak with obvious knowledge.
metworth - please heed the warnings about copyright, conspiracy and incitement - I doubt that Mr Bennett's legal team will have been 'watching too many compensation adds on the telly.' Have you read the disclaimer on his website? You should do, because it is enlightening. Another interesting point is that one cannot copy and paste from his website - not many people shell out the dosh to do that, so perhaps Mr Bennett has been round the block a few times and knows a thing or two.
Now, back to what you were saying about the freebie offer - get $200 back when you place 20 trades through the affiliated broker. Let's do some sums here. Profittrader execute through Speedtrader, so Profittrader are just an introducing broker, also known as an IB. They charge $12.95 plus ECN fees ($1 per trade), so that makes $13.95 per trade, or $27.90 per round trip. I deduce from your initial post where you baulked at paying £123 ($197) for Mr Bennett's manual, and baulked at paying to be taught by a professional trader (Naz), that you are 'careful' with your money.
If you are trading 100 shares of any US stock through Interactive Brokers, it will cost you $1 per side. Therefore you will be saving yourself $25.90 per round trip.
So therefore, I have just saved you the equivalent of $259 by pointing this out - which means you can now afford to buy your own copy of Mr Bennett's manual for $197, and still have $62 left over.
If you've ever heard of the 80% 20% rule, you'll surmise that it also applies to the profittrader offer - ie, 80% of people who buy the manual won't survive the markets long enough to place 20 trades. Of the 20% who do, they get their refund (assuming that there are no further provisos attached to the offer, such as within a certain time period). That makes it a very cheap marketing enticement for Profittrader.
If you're after strategies, the Internet is stuffed full of them - free, and for sale. Be very wary of the ones for sale - if they worked, they wouldn't be for sale, would they?
