A long period of time has passed since my first question.....during that period,I've made my research,I've studied some of their material I found on the internet,and I've been quite a few times in their trading rooms,especially the futures room.
Well,what they teach is not garbage,definitely.Sure,you can find most parts for free on the internet,but they put them togethet and they teach you the logic behind the patterns.
Of course,Pristine is a commercial company,and it's best interest is to sell products and services....I can understand that....it's also obvious that in their free stuff they are not going to give you their full courses....
What I like in them is that they have structure in their trading.They have rules and they obey them.Now,the question is,can you implement their systems and be disciplined enough to follow them,even during the periods you get losing trades?
They claim that if you take their courses,they will teach you some very specific setups and that afterwards you have to retake the courses (for free) and be in the room,so that you can ask questions and practice the material with them...
I find this approach fair enough...I haven't taken the futures course till now,simply because I can't afford it....I will probably take it,when I can....
I've asked them once ,in the room,a very crucial question...crucial for me,and I believe for everyone with a small account...:
"Can I be profitable with your method trading only 1 lot at every trade?can I be profitable without having the possibility of scaling out,so that I can benefit from a big move?" the answer was yes....Other educating firms have answered the same question with a big no,because they believe that with 1 lot you must have 1 target and respect it,throwing away the possibility of capturing big gains...
Anyway,trading is much more than setups and trading platforms....I believe that trade management is the key to success,and I find it very difficult to apply any trade management with 1 lot....
So,I'll continue studying their methods,they are not "snake oil" and of course they are not the "holy grail"....what I have to say is that the trades they are taking in the futures room are very very selective and they have a good record of winning....don't ask me if they take these trades with real money,I don't know....
Well,what they teach is not garbage,definitely.Sure,you can find most parts for free on the internet,but they put them togethet and they teach you the logic behind the patterns.
Of course,Pristine is a commercial company,and it's best interest is to sell products and services....I can understand that....it's also obvious that in their free stuff they are not going to give you their full courses....
What I like in them is that they have structure in their trading.They have rules and they obey them.Now,the question is,can you implement their systems and be disciplined enough to follow them,even during the periods you get losing trades?
They claim that if you take their courses,they will teach you some very specific setups and that afterwards you have to retake the courses (for free) and be in the room,so that you can ask questions and practice the material with them...
I find this approach fair enough...I haven't taken the futures course till now,simply because I can't afford it....I will probably take it,when I can....
I've asked them once ,in the room,a very crucial question...crucial for me,and I believe for everyone with a small account...:
"Can I be profitable with your method trading only 1 lot at every trade?can I be profitable without having the possibility of scaling out,so that I can benefit from a big move?" the answer was yes....Other educating firms have answered the same question with a big no,because they believe that with 1 lot you must have 1 target and respect it,throwing away the possibility of capturing big gains...
Anyway,trading is much more than setups and trading platforms....I believe that trade management is the key to success,and I find it very difficult to apply any trade management with 1 lot....
So,I'll continue studying their methods,they are not "snake oil" and of course they are not the "holy grail"....what I have to say is that the trades they are taking in the futures room are very very selective and they have a good record of winning....don't ask me if they take these trades with real money,I don't know....