Hi, I first came across Phil Newton and his live forex trading room at www.trading-strategies.info about 5 years ago. I had started to become profitable but I felt I needed to spend some time with a professional forex trader who was actually walking the walk. Phil Newton is brilliant, he is a genuine guy, unlike fx bootcamp who sit there and talk about what you should have done, Phil shows you in advance his trading plan for the day and then he trades it in front of your eyes.
He trades the London session, takes a break for lunch and then comes back to trade early New York. So if you are available around those times you can get over 6 hours a day looking over the shoulder of a professional, successful, forex trader for about $10 a day! You can see in "real time" how he goes about his daily routine, learn how Phil Newton, a professional full time trader, scans the market for forex trading opportunities. You get to see his screen and charts in real time, Learn how Phil selects his trades and follows them to the end.
I need to point out here that if you are currently learning or trading any of the forexmentorpro strategies, Phils is completely different. He does use the basics as we all do, but you will need to study his methods before trying out his room.
I run my own forex mentor program but I dont have the time to do a live trading room, and I need to concentrate and not be interrupted! this is what Brian, a member has to say about his experience:
Date – 09th November 2011
"I have been a member of Phil Newtons Live trading room & website for the past 3 months since Mid August 2011 . I had Previously been a member of the site for a period of 6 month s about 3 years ago – However, due to other commitments I put my forex
trading exploits on the back burner for a few years at that time. I am delighted that I have made the decision to return.
The Live training room is (in my personal opinion )the most valuable + useful learning tool of all as one sees Phil execute his current Furquad strategy in real time- live in the market , In that Forum - It is by watching Phil trading live and by the repetition of
those trades that I personally find I learn best.
The most valuable lessons in order to trade successfully in my opinion are those of price action and this is an area in which Phil particularly excels , I now believe that price action is the back bone of all technical analysis . I like many had previously spent many wasted year s seeking the “Magic system” that would yield consistent results, the reality Is that a good method incorporating a sound strategy based on price action fundamentals and sound money management are the only system that is truly consistent
These are the practical applications that Phil teaches, Phils teaching method is in my experience excellent and despite the fact that he himself is trading - he always takes time to explain any issues that are raised , he has a unique ability to de mystify and
simplify the concept s necessary for success in the simplest & most comprehensible terms, , One can learn at their own pace in the knowledge that he is very much always available to answer questions at all times ,
Although he does trade live in the room ,, it is not a signalling service and the
distinction is important – His Room and websites teaches and nurtures self proficient traders – the trades that are called are not called in order to hand people a trade without knowing why that trade is taken or the methodology and thinking behind it .. the old parable about teaching a man to fish rather than feeding him are in this case
particularly relevant .
Furthermore -the cost is certainly more than reasonable – particularly when compared to the financial cost of a few losing trades never mind years of in adequate results and the psychological damage that these can have on any aspiring trader , On a slightly separate note - I have also gotten to know quite a few of the other members/students who are a nice and friendly bunch, all information is freely and openly shared between all students for the common good including useful programming information and tools
for charting ( a few of the full time traders are quite handy at the programming)in relation to the Furquad strategy being traded,( Some of the members have been with Phil for quite a number of years and are them selves full time traders )
I would recommend that any body who is considering Phils website and live training room as an educational option considers it very strongly,"
As I said earlier, if you are currently trading any of the mentorpro strategies, this is completely different, but if you are struggling or are new to forex and want to sit in with an experienced forex trader then I 100% recommend you talk to Phil Newton, here is the link to his free trial: Phil Newtons Trading-Strategies.info