Mark McRae has a great reputation in the Forex industry - one of the few people who seems to genuinely care about improving people's trading skills. His premium product, the Surefire Trading Challenge is one of the best educational resources out there. Indeed, myself and many other successful traders I know cut our teeth using Mark's excellent resource.
Mark has an excellent approach to education. By running a competition of normal, average-joe traders like you and me, he creates a leaderboard and then takes the best traders and reveals their systems.
In addition to these systems, there is an archive of previous challengers and their systems, together with a vibrant and established Forum. The Forum discusses Sure Fire Trading Challenge Forex systems, new systems, trading psychology, money management and also has a section dedicated to automating winning systems by creating MetaTrader 4 Expert Advisors.
This mix means you get just about everything you could need to become a Forex trader - education, winning systems, how to approach the Forex markets and focus your trading approach. You also get the automated trading that so many people are interested in at the moment.
My only criticism of the Forex Sure Fire Trading Challenge is that some of the systems may have done well in the trading challenge due to:
1) Luck - The system isn't great but did well during that particular period.
2) Going all out - Higher than acceptable risks were taken to get results.
3) Overtrading - Traders traded day and night to win - doing so for long periods would result in burnout and losses overall.
I must say that these are minor gripes - many of the winning systems on this occasion were from very experienced traders who used their primary trading methods and did very well.
This may be a cliché, but when I first joined Mark McRae's Forex Traders Secret Library, I regarded it as an investment. Considering that a University Degree will cost tens of thousands of pounds/dollars, this is a small investment to learn a skill that will last you the rest of your life and is a pittance, relatively speaking.
Recent members of Marc's Forex Mentor Pro may find that they will be taking in too much information all at once so are probably better off staying where they are. However, if you are looking for alternative/additional methods of Forex trading, then this is definitely the place to get what you need.
I would strongly recommend this product to anyone. If you wish to give it a try, it comes with a full 60 day no-quibble refund policy, so there is no risk at all of trying the product.
As usual, if you are interested in buying this product, we would ask that you do so through our link. All proceeds go back into running the Forex-FXTrader website, Forum and Blog.
The link is here - Surefire Trading Challenge
Please leave your feedback here for other members if you do decide to join this service.
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Hi, You are likely to be bombarded with emails about this in the next few days. I never understand why they feel the need to hammer this as it is simply the best educational forex site on the internet in my opinion. I nearly didn't join the first time around as it is so "salesy" and they really don't need to promote so hard. In the end quality shines through, no matter which market you are in.
Surefire Challenge/Traders Secret Library Review
Back in march when I started writing the lessons on the main site, I mentioned the best forex product I ever bought (including some over $3000) cost less than $70!
Unfortunately at the time Mark Mc Raes website was closed to new members as they had been swamped with applicants.
The doors re-open (thursday 3rd September)
So what is it and why is it so good ?
The Sure Fire Challenge was a competition open to traders from all over the world to see who could grow their forex trading account the most in a month.
The first winner grew his account over 2900% in a month!
Initial Deposit: $3,000 Net profit: $69,233*
*audited account
Normally if a trader has an awesome system he will either
- keep it to himself for fear of diluting its potential or
- Sell it for a huge amount of money.
The great thing for us mere mortals was that the competition rules stated that the winners (top 6) had to release their system to the rest of us.
Since then the competition has been repeated 3 more times & there are now twenty five of the best trading systems in the world with complete explanations and diagrams of the indicators, entry and exit signals, the works. For $67 would be a steal on its own.
They have now automated some of these systems (ea's that you attach to your chart).
What makes this promotion so awesome is that you also get the first months free membership to their educational website, The Traders Secret Library. This website is, in my opinion, the BEST value for money educational forex site I have ever seen. I have been a member since February.
If I had the time it is what I would like to achieve with this blog (I wish). What is so special about the site ?
- There is no where else on the Internet where traders can get detailed information on the best trading systems in the world directly from the traders who trade them.
- The membership site is one of the largest stores of knowledge for trading in the world, collected over years and years by professional traders.
- There are 100’s of training videos taking you through from complete beginner to advanced trader. Free trading books.
- Courses – A collection of some of the best courses on trading anywhere.
- Videos – Examples of trading techniques. Learn unique trading methods.
- Weekly webcast where you can watch and ask questions as a professional trader plies his trade.
- Articles – Learn some of the best trading methods from professional traders.
- Interviews – with some of the best traders around.
- The forum in the members area (which is very active) is one of the few places traders regardless of their experience can talk with other professional traders who will take the time to help.
- If you want to be a successful trader, can you think of anything more appealing than being able to copy, listen to and see how a champion trader made 1000’s of percent each month?
If you are struggling to find a complete forex system that you feel comfortable with then there are approximately 25 of the best in the world for you to choose from ! (previous winners systems are available on the site)
No forex system works 100% of the time, so even if you have a system that you like it is best to have a fall back.
Personally I take bits from various systems that they offer and add to my own. You might be best to just learn one and trade it out of the box.
With the LMT forex formula that I am currently using, my own 4 hour system, the asian break out method we used here in april and 1 of these new sure fire winners systems I will be able to trade 12 months of the year, whatever the market.
The last time the Surefire challenge/Traders secret Library opened the doors to new members they closed them for 5 months. They offer full email support, live webinars, live help and skype support for all of their members, so they limit the number of people who can join at any one time.
I suspect it will not be available for long as it has been heavily promoted by some of the top internet marketers, to see if it is still available,
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