Archive for 'Review'
Holiday in Spain
Posted on 03. Jul, 2010 by Jakob.
Just a short note here, to let you all know that I am in Spain for the upcoming week (actually already here, enjoying the sun) so TradeProfits will be a bit more quiet in the next couple of days. I might write a couple of posts, but my main priority right now, is to relax and enjoy. But stay tuned as I have several things in the pipeline including a contest, a review of Winners Edge Trading´s Premium service, and much more.
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ForexMentorPro – Review
Posted on 09. Jun, 2010 by Jakob.
Some time ago I wrote a preview of Dean Saunders and Marc Walton´s new service ForexMentorPro (Read it here). As most of you probably know, I have tried pretty much all of Dean Saunders trading systems and strategies. There is pretty much only one thing which I dislike and that is his use of hyped landing pages. Besides from that I think Dean has some pretty good trading systems and I like his way of simplifying things. ForexMentorPro is different from his earlier releases, in that this is more of a service where you get more education rather than a specific trading strategy. However, this is not a signal service as you do not get exact recommendations on where to enter and exit, but more a guidance to profitable trades with a rather specific explanation of how to approach the trade. Let’s take a look on the details of ForexMentorPro and what you actually get, from being a member. When you log in, you are basically taken to a blog where you have access to the following sections:
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Binge Trading by Seth Freedman – Review
Posted on 17. May, 2010 by Jakob.
As I have spent this weekend relaxing in Sweden I have finally had some time to finish Binge Trading, a book written by Seth Freedman – Binge Trading – The Real Inside Story of Cash, Cocaine and Corruption in the City. The book is partially about Freedman´s own life and experiences through various positions in the city in the square mile – London´s financial center. Freedman was living this life for some six years, and sadly enough, this is only a small part of the book (the first chapter more or less). The rest of the book is a combination of interviews and Freedman´s own insights. In these interviews Freedman tries to demonstrate some of the psychological elements and personal traits of a typical city insider; what attracted them to the market, why they entered the profession, how they adapted to the high-octane environment, etc. He also tries to demystify the job of a trader, shows us the reasons for a very high use of alcohol and illicit drugs amongst traders, etc. Seth Freedman is very open about the lifestyle as well as his own addiction both to drugs as well as trading itself. However, I think the title of the book is somehow a bit misleading. The extreme lifestyle is a only a very small part of the book. The interviews have some interesting aspects, but somehow it does not give a very clear picture of a typical trader, as most of the individuals interviewed are talking mostly about their own misfortune due to a change in laymen´s perception of a trader.
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Forex Powerband Dominator Review
Posted on 22. Apr, 2010 by Jakob.
Some time ago I wrote a short preview of Dean Saunders new trading system called Forex Powerband Dominator. As I promised back then, I would write a review of this sometime in the future. Well now I have been playing around with this system for some time, and I think it is about time that I post my honest review of Forex Powerband Dominator. Back when I posted my preview I also send an email to Dean Saunders asking if I could get a free copy of his system in return of a review here at TradeProfits. A few minutes later I got an email back from Dean and he was kind enough to provide me with a free copy. So here goes:
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Tom Strignano´s FxSignals Update
Posted on 08. Mar, 2010 by Jakob.
A couple of days ago, I wrote about Tom Strignano´s Fx Signal service. The service is rather expensive, but it certainly also is among the better ones. Two days ago, I got an email with some updates to Toms Fx Signal service. Check it out:
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Review of Tom Strignano´s FX Signals
Posted on 02. Mar, 2010 by Jakob.
Some time ago I contacted Tom to hear if he would be willing to give me a free trial to his service in return of an objective review here at TradeProfits. He was kind enough to give me 14 days access to his service, and here is my take on it.
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ForexFactory Market Data is Live
Posted on 24. Feb, 2010 by Jakob.
ForexFactory has made another addition to their popular forex portal. On the main page, they have added a new market tab, which will take you to a site where you can see currency pair quotes. First of all, you can see all the major currency pairs, and in different time frames, but the innovative element here is that the quotes are aggregated from multiple brokers. This should give you a more reliable quote, so if the quotes on your trading platform highly diverge from the ones shown on ForexFactory, this should make a bell ring. There are many options on ForexFactory’s new market data site, and I suggest you check it out. You can also read more about it here on their blog, or you can go through the user guide here.
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mt4pips.com – A new Site from the BabyPips family
Posted on 21. Feb, 2010 by Jakob.
mt4pips.com is a new site created by the owners of Babypips (and FreshPips, MeetPips, AskPips, ReviewPips). It was launched just a couple of days ago, and it is pretty cool. I have been beta testing the site for a month now, and it runs pretty smoothly. mt4pips.com is a site similar to MyFxBook; a site where you connect your profile to your MetaTrader platform and the information of your trades are then shown on the site, for you to analyze and share with everyone. I enjoy using MyFxBook because it has a high level of features and ways in which you can track and analyze your trades. mt4pips on the other hand, has made everything very simple and clean; a different style but still good choice and my guess is that they will be adding more features in the future. Getting started with mt4pips will probably be a lot easier for many new traders, than jumping into MyFxBook. Check out mt4pips here. Signing up is free and will take you 60 seconds. Tell us what you think about mt4pips.com below.
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14 Cool Forex Freebies you should Know About
Posted on 24. Jan, 2010 by Jakob.
I have posted about most of these before, but I thought I would sum it all up in one post. These are great resources for forex traders, and they are free. Check it out and throw a comment. Do you have any additional ones we should know about? Feel free to share your thoughts.
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Profit Mongers – Review
Posted on 30. Dec, 2009 by Jakob.
A while ago, I wrote a preview of a new service called Profit Mongers. I got an email about it in the end of September, when the service was launched. Now, I get a bunch of emails daily about new services, products, eBooks, requests of reviews, etc. However, when I learned about Profit Mongers, it caught my interest right away. The reason is that the email I received was from the guy who has been running the Forex Diamond Room for a long period, AKA Sir Pipsalot. I was a member of the Forex Diamond Room for a short period, and I really enjoyed it (see the review here). So with a launch of this new service, which is cheaper than Forex Diamonds, I thought I would check it out. I replied to the email, and they were kind enough to give me a free membership, in return of an honest review of their service. So here goes:
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Ranko: I prefer FxStat. I use to use myfxbook. However, n...
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Kerry Kormos: Oh and in addition to my last comment....my wife h...
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sree: www.forexpeacearmy.com website is scam site, no he...
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Joel: Hi, i started out great with Million Dollar Pips o...
