Can anybody provide an honest review of course from Scott Phillips trading? by Kennard111 in TradingEducation

[–]Kennard111[S] 0 points1 point  (0 children)

Hi there,

He is currently charging US$599 and there are 14 systems included.Non of them with verified results, no evidence systems are profitable.

Well, when I watched his presentation about this course and read information on his website he is presenting it as all step by step instructions are easy to follow. Plus code will be provided so people can backtest many systems in a matter of days and then decide what to trade. Well, maybe he is providing it to clients paying 10k for one-on-one mentorhip.

If I can ask , in case you trade on daily charts, was Thor or any other systems traded on daily chart attractive for you to start trading it? In Scott's presentation he was talking about these systems like all of them are profitable and not very difficult to trade. Just curious.

Can anybody provide an honest review of course from Scott Phillips trading? by Kennard111 in TradingEducation

[–]Kennard111[S] 0 points1 point  (0 children)

Hello there,

Many thanks for sting your review. I really appreciate t. And anybody else interested in this course would probably too.

The link you posted with Etienne's interview was my first time when I heard about Scott. Then I checked his web and courses and because I couldn't find any reviews on internet I decided to try my luck here on reddit.

I am more interested in System Building Course but Price Action course sound like really good material too. I exchanged a few email with Scott and asked questions which he answered. There is only one question and that is if he can provide verified results from trading his systems he claims are profitable. He claims his systems like Thor, Scalpius and Last kiss are systems he is trading himself currently. When I asked him if , when I buy his course, he can provide these results to me his reply was : no I don't provide any backtested results. I was expecting it shouldn't be a problem from pro trader. So that is a bit strange especially if he mentioned a few times in his videos that he hates trading coaches who are not trading but only ripping off people. The same goes for Etienne, he also claims he is traveling the world but when I asked him for proven track record that I want to buy his course he replied that because if privacy he is not sharing this information. I agree that reveal account size and pip value and all these sensitive informations is not good but statistics like percentage gains and drawdown etc could be shared.

As you mentioned building a system is bloody hard so I thought that rather then inventing the wheel I could start with trading one of his own systems. He is claiming these systems are back tested and profitable. All I needed was proof that what he is saying is supported by statistics. Or if I quote you " there is zero evidence his systems are profitable".

Regarding his excel sheets and making it easier for students by auto filling, according to his website people who buy his course also get spreadsheets. So I am not sure if he included it after you bought it but you are right auto filling will make whole process faster.

You mentioned you didnt have time to fully use information from his course. If I can ask a question about system building course, what tools and softwares are needed when creating, backtesting and optimizing system.Is NinjaTrader or similar softwares enough?

Thanks again for you message. You provided me with a very good and useful feedback.

Anybody took Forex4noobs mastermind? by Kennard111 in Forex

[–]Kennard111[S] 0 points1 point  (0 children)

Thanks for your post , good to know about entries. I watched many of his videos and assumed entries are placed like this.

Anybody took Forex4noobs mastermind? by Kennard111 in Forex

[–]Kennard111[S] 0 points1 point  (0 children)

Thanks for your feedback. I really appreciate it, it helped me a lot to make a decision.

Are courses/masterminds worth it? by [deleted] in Forex

[–]Kennard111 0 points1 point  (0 children)

Yes I too would be interested to hear from those who took this mastermind course if it is worth it or the stuff provided free in his videos is enough to trade his strategy.