urbanforex.com

Basic Techniques Were Made Extremely Confusing

I've been trading FOREX for several years now, I've taken several courses, read a TON, studied other PA techniques in other markets, back-tested strategies, kept copious notes on trades (and reviewed them), put in countless hours of the screen time, and eventually tailored what I learned into my own system. And yes, I now pay taxes on my trading.The concepts that UF teaches are honestly very simplistic, but they're presented it in a very confusing and convoluted manner. To a newbie, you're not going to realize it until much, much further down the road after you've already spent thousands. It begs the question if it's done on purpose to keep money rolling in? If he was truly successful and rolling in dough why bother charging so much - if anything at all? The bar to become profitable is so high that he could give everything away and still less than 1% of people would come out successful simply because FOREX (and trading in general) is hard.I went back not long ago to review the info to see if it's any clearer knowing what I know now and, while I know at this point what they're trying to convey, it still leaves me scratching my head as to why it was presented in the manner that it was.One of the more infuriating things, that also raised major red flags, was how bothered they would get when you asked questions that were beyond something simple. They either wouldn't answer it by citing some nonsense like 'oh that's in a higher level course and we can't tell you' or would just flat out tell you they're done answering your questions.At this point and in the grand scheme of things, I don't think that the course was all that helpful in and of itself. However, what it did do was confuse me enough to seek more knowledge and clarification elsewhere. So for that I'll give it an extra star.

Date of experience: May 11, 2022