Peter Bain trading course!

[RickFX]

Hello, i am new to forex. I bought the new Peter Bain trading course. I am looking for a trading partner. Who wants? PM me.

[Foreverold]

you wasted your money

[RickFX]

No if you ask me. With the system i got +50 on the GBP,USD and 80+ on the GBP,YEN yesterday.
Plus i get direct calls with the man himself and they are very helpfull so far.
Tell me something, did you take the course? You know that's a little bit different then to download PDF'S from Emule...

[cja]

Originally Posted by RickFX

No if you ask me. With the system i got +50 on the GBP,USD and 80+ on the GBP,YEN yesterday.
Plus i get direct calls with the man himself and they are very helpfull so far.
Tell me something, did you take the course? You know that's a little bit different then to download PDF'S from Emule...

I took a years course with Peter a couple of years ago, it works and you get a no nonsense approach to trading with practicle lessons you can actually apply to trading, good basic stuff, stick with it and ignore these nay sayers who probably never took the course and are relying on someone elses opinion who probably never took the course either. Most of the people on this site could do alot worse than take Peter Bains course instead of chasing the Holy Grail of indicators, Knowledge and experience not indicators make a good trader

cja

[european]

Originally Posted by cja

I took a years course with Peter a couple of years ago, it works and you get a no nonsense approach to trading with practicle lessons you can actually apply to trading, good basic stuff, stick with it and ignore these nay sayers who probably never took the course and are relying on someone elses opinion who probably never took the course either. Most of the people on this site could do alot worse than take Peter Bains course instead of chasing the Holy Grail of indicators, Knowledge and experience not indicators make a good trader

cja

I agree with you, cja. It takes time and experience to understand and 'feel' the market. If one is new to Forex I recommend to use Demo account for at least 6 months and record your losses. Self-control & discipline is the key. And stick to your strategy.


By the way, I am looking for an experienced trading partner , get in touch/pvm!


cheers

euro

[talktome]

What do you mean by trading partner? Are you trading together or exchange trading ideas or something else?

[european]

Mostly trade together + discuss possible trades, etc

[RickFX]

I bought the course. I have the system. I am willing to share it with someone that takes trading seriously. I am kind of old to trade so i can't watch charts everyday, but if i have a "partner" he can trade and tell me when a good setup is there. Is that simple folks!

[Foreverold]

I bought his course in 2003 and again in 2004 thinking that in his new course there would be something I had missed. Bain will make calls but only posts his trades that went well.

I found that yes you can make money using his system, but in the long run it will clear out your account, simply because of his shaky rules and useing the MACD as an entry signal. Is he still saying to use the 15m chart?

compare the signals from the 15m and the 5 m, where would you ente/exit?
Now apply some more rules such as Fibonacci, do you see any ptterns that could get you in trouble? Gartleys, Butterflys, the MACD says buy, the gartley says exit go short.

Look at the chart with some Ewave analysis what does the Ewave say compared to Bains system.

In the long run I think you will find you wasted your money.

Bu the way if anyone would like to buy either the 2003 or 2004 course PM me I would be happy to get rid of them from my book shelf

[RickFX]

Time will tell. For now i am offering a free system. I am still looking for a partner, to watch mainly the US session. I can't trade until very late. Doctor recomendations for this granpa...