Phil Newtons Trading Strategies Website Review

| April 20, 2010 | 1 Reply

Product Name: Trading Strategies

Author: Phil Newton

Headline:

Trading Strategies. A Forex Education Community

Trading Strategies is dedicated to developing your skills as a trader over the long term

Price:

Live Trading Room and Website Access
* Pay Monthly – FREE for 2 days – followed by £145 per month thereafter.
* Pay Quarterly – FREE for 2 days – followed by £360 per quarter thereafter SAVE £75 over the pay monthly option.

OR

Website-Only Access
* Pay Monthly – FREE for 7 days – followed by £30 per month thereafter.
* Pay Quarterly – FREE for 7 days – followed by £75 per quarter there after SAVE £15 over the pay monthly option

Money Back Guarantee:

There is no mention of a money back guarantee as they offer you a 2 days free trial with the Live Trading Room and website access option and a 7 days free trial with the website only option.

What Do You Get?

Live Trading Room and Website Access Option:

* See in “real time” how Phil goes about his daily routine
* Learn how Phil, a professional full time trader, scans the market for trading opportunities
* See Phil’s screen and charts in real time
* Learn how Phil selects his trades and follows them to the end
* Get Phil’s thoughts on the current market environment
* Continuing ongoing support as your trading skills develop

Plus all of the benefits of the website access listed below.

Website Only Access Option:

* Complete access to the Trading Strategies website
* Dozens of trading and video tutorials showing past trades based on Phil’s active strategies
* Learn how YOU can apply these same successful strategies to FOREX and other markets
* Learn new strategies as Phil develops them, which have been tried and tested
* Understand price action on any market and time frame (this tutorial alone could be worth £1000’s and hundreds of hours of screen time)
* Continuing ongoing support as your trading skills develop

Where To Buy:  http://www.trading-strategies.info/

Brief Summary:

With the help and guidance of Phil Newton and other traders on the Trading Strategies website you can develop yourself into a highly successful trader.  This is not a tipping service, but a service that allows you an insight into the process of trading every day.

What’s It All About?

Phil Newton has a website which he dedicates to how you can learn and profit from his skills and trades within the Forex Markets.

Phil will provide you with the information and trading strategies, and mental ability you need to make better, well informed trading decisions maximising your business potential.

He actually shows you what he’s doing and how he put the dry theory into practice.

The difference between the 2 subscriptions is:

Website only access – Access only to the website contents and videos.

Live Trading room and website access – Access to Live Training Room and website content and videos.

In the trading room you will see live market action together with his commentary and you can ask questions directly as he trades.

Do I Need Experience To Make This Work?

You don’t need to have any experience to do this as the website will give you a lot of information on how to trade and is very educational. However as this type of trading can be a little confusing for some I would recommend that you have some experience of doing this to make sure its definitely something that you want to continue with.

You will be given video presentations that you can watch as many times as you like showing how Phil trades and how he executes his trades.

How Much Money Do I Need To Get Started?

I would recommend that you start with a trading account of at least £2,000 preferably £5,000.

Good money management techniques will ensure that you never risk more than 2-5% of your trading account per trade.

How Much Money Can I Make?

This is more for educational purposes as already mentioned it’s not a tipping service so it will be up to you to implement what you have learnt from the website and live trading room into your own strategies when trading.

How Much Time Will I Need To Make This Work?

Phil is teaching you a complete overview of trading strategies so you have to be prepared to put the time and effort into making your initial investment back.

Does It Live Up To Claims In Promotion?

There aren’t any claims on the website of making you lots of money as Phil mentions that it’s more educational and that you will become a more experienced trader so that you can maximise your trades if you follow his guidance.

There are plenty of testimonials on the website that give peoples success stories.

Will I Need Any Equipment To Do This?

An active spread betting account and a Trading Account-with at least a minimum of £2,000.

Review

My research into this course and Phil Newton are in general pretty good.  Most people have said how good and patient Phil is especially if you’re a newbie to this.

Also that he responds to email queries quickly, which is great! The great thing about this is that you can ask Phil questions when he trades.

On the downside of this he only offers you a 2 day trial with the live room trades option and a 7 day trial with the website access, which to be honest isn’t great- especially the 2 day trial as you don’t really have enough time to get a feel for it.

One thing you should be aware of is Phil isn’t authorised as an investment advisor, to do so you need to be regulated by the Financial Services Authority. This means that if you act on something Phil says and it goes wrong – i.e. a trade goes down and you lose money, then you have no comeback.

This is sold for educational purposed only but you do get access to live trading.  It’s risky and you should be aware of this fact.

This service is expensive for the overall package considering you can get Forex tips to trade for around a third of the cost.

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Category: Forex Trading Systems, Trading & Investing, Website

Comments (1)

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  1. Zorba says:

    Has anyone taken this ‘next step’ on trading? It sounds potentially rewarding but I personally am worried that I would just be wasting money on something for which I’m not yet ready. How do you judge what is the right level?

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