who is this Andrew Mitchem? In conclusion, we find it hard to fault the coaching/software package, ongoing webinar training/education, daily trade recommendations and customer support. Fine print fine print, reading the terms conditions we can quickly realize the sleight of hand Mitchem uses with his 20 guarantee: what he practically does is to send out daily trading recommendations. M (Andrew Mitchem) profile provided by Andrew Mitchem, Sep 1, 2015. Your money also buys you, a one day coaching session with Andrew Mitchem, either one on one, a small group (up to 6 people) or by webinar.
This person wanted to buy his forex course but was of two minds about it on one hand, with it being priced at 2,500 he thought that it must be valuable, on the other hand, he wasnt quite. We think that this is a trading system suitable for the raw beginner who knows zip about Forex and the experienced trader looking for that edge. Although he supposedly offers a low-risk trading strategy that provides consistent and profitable results, there is no third-party verified performance track-record on the website. In the FAQ, he says that hes making 5 per month trading h4 and h1 charts (of course theres no proof of that). From the 6 month period of 22 February 2010 to the date of this review there have been 313 daily trade recommendations received.
For starters, it is not run by a big institution or a group of traders. The mastermind behind the website is Andrew Mitchem, known by his students as The Forex. The Forex, trading, coach course provides everything one needs to know in order to be a successful trader.
Ea forex Roboter Bewertungen
Fxcc forex Bewertungen
But as far as Im concerned, hes just a snake-oil giant. Secondly, you cant call yourself a trader anymore (let alone professional) if you talk about guaranteed results. This update catalogues which trades have hit their profit target, trades that have been stopped out or trades that are still active, either out of the money or in profit and why they are still valid trades. If he keeps compounding that 3-4 daily return I guess well find him in Forbes 100 in a few years. Negative or positive divergence alerts using the slow stochastic setup daily support and resistance levels (automatically updated prior to the Asian session open) OCO (one cancels other) entry, stop and exit application for news trading Fibonacci retracements and extensions round number levels. We had nebenbei geld verdienen erfahrungen an exceptional week from 14 where we placed 36 trades, were stopped out on 9 and had 27 winning trades for a nett total of 1,198 pips. In his own words, he is a full-time currency trader, investor, private funds manager and trading coach. But heres the bait and switch: the company doesnt do any trading! On the homepage, the latest video is called One trade makes more money than keeping your savings at the bank for a year. Im going to repeat myself: dont be deceived by the shiny website or the smiling face of this scumbag. 117 of these trades were stopped out for a total loss of 8,585 pips and 196 trades were profitable for a potential total gain of 21,630 pips.
One of my favorite things about Andrew is that he is extremely patient, and he answers emails in lightning speed! Trading, coach, is one of the good guys I have been involved in Forex trading for the last 12 months. In that time I have come across a number of scams, get rich quick schemes and systems which promise everything but deliver very little. However, Andrew the Forex.