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Forex Mentor
My Grade: 3


A very good course that has been around for a while now, and several updates have been made. No specific trades are taught (or live training) but if you follow the pivot point system you should do ok. Peter also seems to NEVER have a losing day according to his daily analysis and that seems a little strange. Hopefully he will open a managed account so I can see if that is true or not.

-Here is the link to his site-

From: James Scott, CA
Grade: 4
Date: July 06

Comment: Peter is a good guy and puts out a decent course. With all the crap that is out on the net it is nice to see one so well put together. I believe it will give you half the trading puzzle to become successful. I'm not going to give you the other half, it took me over a year to figure it out.

From: Shelly V, KS
Grade: 2
Date: July 06

Comment: I find it disturbing to never be able to do what he does in his daily analysis. I understand all the MACD Divergence and M1, M3 days but still can't put it all together. I have been trading it and following him faithfully for over a year now and still no consistent results. I do notice that after the fact it is easier to see everything!

From: Ralph P
Grade: 3
Date: July 06

Comment: Great course, similar to Currency Trading Made Easy but missing a few key ingredients (see my other review about Aden' course.). I like the pivot points and MACD teachings. The DVD's are of very bad quality and there is an information overload in the members area. Peter, if you read this you should drop all the extra non sense and noise in the member’s area. But if you shuffle through it all you can find a few nuggets.

From: Rich Stein
Grade: 2
Date: Jan 07


Peter is a good people and his course a fair investment value (was? prices are going up..) for newbe traders wanting to enter the Forex markets--hey, it got me
out of my trading diapers! Beyond that, and especially if you want to advance your trading to more sophisticated methods and reliability, income, you will stall with
Forexmentor. However, additional training is upsold (who doesn't...). The courses are taught by his affiliate trainers. Seminars are also offered. This training option I found to be good but incongruent with learning's of his original DVD course. Daily AM reviews/q&a are a bonus and can be reinforcing but, he injects a lot of random discussion from other members who he endorses as content experts which I find only serves to confuse. Peter offers a lot of good coaching and encouragement. I more less agree with Ralph P., "...there are a number of "very" good nuggets if you comb through it all."

From: Rich Stein
Grade: 2
Date: Jan 07


Cindy, I’m shocked to see grades of 3-4 for Peter Bain. They must all be begineer traders because that is all he teaches, pure elementary trading. You can get it all for free at babypips.com If you want advanced teaching try Cecil Robles or Zacharius Diametrius, and no I am not an affiliate of either one of them. Peter acts like he never losses on any of his daily analysis, it makes me sick, I almost gave him a 0 rating, but since he helps the newbie’s I gave him a 1. But don’t waste your money.

 

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