As you read this review, trading Cryptocurrency in 2018: The Definitive Guide where your own investment are. Do you have Certificates of Deposit or money sitting in a savings account earning a tiny amount of interest annually? And this is one of the things you might want to consider.
Just for sake of context, I have traded my own portfolio before. In 2008, I took a year off of my internet marketing business to learn the art of investing in stocks. So I have experience in buying and selling stocks, and shorting stocks. I’d be happy to answer any specific questions you have that are related to trading or your own portfolio.
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I love talking about this stuff! I’ll lay out the changes as clearly as I can. 340-2920, and I’ll get back to your personally. NOTE: I am not one of those big hype people. This is a straightforward review and if you have questions, I’ll answer them directly and honestly.
So if you see negative reviews, typically this is because you have uninformed people coming into the market without the proper pre-education. They are in over 120 countries currently, and are reportedly working on a deal with China. FOREX has the added distinction of being a leveraged instrument. NOTE: In regards to the crypto, you can use leveraged or non-leveraged ways to trade crypto. Since Crypto is so volatile, I recommend using un-leveraged accounts in crypto. Christopher Terry has the friendly bark of somebody who has spent years in the financial industry in New York and Chicago. What I like about Christopher Terry is that he is so committed to the IML community.
From the Q&A
Based on my impression of Christopher Terry, he seems like a jovial workaholic who loves trading and loves sharing his love of trading. You can tell he feeds off the success people are having and he loves that. He has been a featured speaker at NYC and Las Vegas Traders Expo’s. He has been a weekly contributor to Moneyshow. And he has been published in various books and periodicals in the trading industry. To delve more into Christopher Terry, you can read his interview here. But Christopher Terry is not perfect.
What I don’t like about Christopher Terry is that he does not think like a business owner. So what do I mean by that? Well, he doesn’t think strategically as much as he could. Nader basically refused to enter a stoploss and let the market move against him, drawing down everyone’s account significantly that was attached to him. After he was fired and removed from the mirror trading options, Christopher Terry added a couple things.
Harmonic Scanner is going offline for maintenance without warning. That being said, the opportunity for average people to leverage the trading minds of experienced traders is an incredible opportunity. You just have to understand proper risk management first. I will take some time discussing all of them. The cool thing about it there is a variety of hands on and hands off products. Meaning, if you want to look at charts and learn the art of FOREX trading, you’re in luck.
Keep in mind that since you’re probably in one camp or the other, some of the products will have less interest for you. The one that commanded my attention at first was the mirror trader. Each with a different style and risk tolerance. And amazingly you can see the documented results of EVERY trade at FXSIGNALSLIVE. Now, currently, all of the traders except for Steady Freddie have lost at least one trade.
As you can see, all are profitable and have a graph that points to increased profits. You can see ALL closed trades from any of the master traders on the FX Signals Live website. So you can see past history and how they perform over time. This is very important in terms of being able to prove that these traders are very, very profitable. Disclaimer: Past performance is no guarantee of future results. Your own results may vary, and you are responsible for making your own financial decisions.
You can actually go to the site and see ALL of their trades and a huge number of statistics. There is also an income projection calculator. Now this mirror trader thing needs a bit of explanation. A note about broker accounts: You set up your own FOREX account at your FOREX broker.
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There is no connection between IML and your broker. You are in charge of your own FOREX account. IML does not endorse or recommend any specific broker and they do not get kickbacks. However, some brokers are better than others.
There are A book and B book brokers. A book brokers provide liquidity and don’t bet against their clients. B Book brokers take the opposing side of a trade against their client. As you can imagine, this creates a serious conflict of interest. I’m happy to provide recommendations of what I use personally.
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Personally, I have multiple broker accounts open, as I like to keep my trades separate so I can easily know the performance of each trader and service I am using. UPDATE: I also opened an account with JAFX because they also trade cryptocurrencies, which I have started to put a lot of my portfolio into. If you’re interested in what I’m picking up, reach out to me on my blog and ask. I closed my account at Capital City Markets as this was my smallest account and I wanted to centralize my portfolio more. There are several other brokers you can use, and I’m happy to discuss these with you if you have questions. However, you can increase the ratio and risk in your trading account if you want to.
So now, every time Steady Freddie makes a trade, you take one with him. This gets even better with full automation. There is no involvement of time. No need to check signals and log in and take the trade too.
This is revolutionary on a number of levels. First, I believe that people that are the best-in-class at what they do far outperform the competition. So I believe that people that are awesome traders can consistently outperform the market by a wide margin. To me, this is like getting one of the top forex traders in the world to trade your account for virtually nothing. I’ll get to costs after explaining the other products. Thirdly, I believe that patterns and reversal patterns can lead to increased gains in the market. So count me in as a fan.
I actually would have bought even if there were no referral system attached to it. 2: Harmonic Scanner The Harmonic Scanner scans for patterns and reversal patterns. It can do scans for multiple time periods, which is critical for a tool like this. You have to go in and take the trade. You can start with less when you are doing your own trading. Be careful not to over-leverage yourself. This is a good product for those investors looking at honing their own skills and getting hands-on knowledge.
This is where Christopher Terry comes back into the story. You can actually jump in a live trading room with him, and he calls out trades as he sees the markets move. He does this live for the US open and the London open session which is about 2am EST, so it works great for international members. The camaraderie of the group is apparent and tangible. You can see a chat box so you can ask questions live.
You can participate in a demo account also. At first, I thought this was quite strange, as the mirror trader could command a several thousand dollar price tag along easily. But Christopher Terry wants to make this achievable for everybody. He’s kind of like the Robin Hood of the FOREX market.
UPDATE: The IML TV has expanded significantly and there are a series of trainers that are live and show you good setups and trading opportunities on the calls. Some of these are highly profitable because you can get in at market execution. Christopher Terry has been doing less of these live training on IML TV, which is a good thing so he can focus on the big picture of running the company as it expands. I really like Chris Derrick, Justin Adams and Adaeze Duncan. Obviously, this is a product for people that want to learn and master FOREX trading. Learn to trade cryptocurrencies from real traders in a 24-7 non-stop crypto boom marketplace.
Android Store with an app that gives real-time notifications about trades. All the detail to take the trade is available in the signal. To familiarize yourself with how this works, download this PDF that walks you through how to set this up. Of course, this only works if you are a customer. You can become a customer here if you are not already. We do have some bonuses exclusively for customers on our team that you won’t get anywhere else. How well are members doing on these trades?
There is also a brand new setup guide. So if you take all the trades, you can expect to profit from some consistent pips. This is the one product that is the bridge between passive and active. And honestly, I wish I had started using this one when it first came out.
If you are interested in the details, please let me know. Product 5: Daily Swing Trading Signals It’s essentially signals that are manually selected by our professional traders like Justin Adams or more often, the man Christopher Terry himself. They select each trading day, the ONE strongest signal and explain in a short video why they chose that signals and what they are looking for in terms of places to take profit, where to place your stop loss, and a secondary profit target. FOREX you wish you had taken in high school. It will lead you from absolute beginner to FOREX mastery over a series of videos. Some of the early ones I found a bit dry.
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But stick with it, because the way they teach the information has a habit of sticking in your head so you get it. I would highly recommend ANY customer of mine to go though the IML Academy and understand the basics. They also have some of the training in Spanish. This is huge boom opportunity, particularly if you want toleverage the crypto markets which are prime for swing trading. The mirror traders only take trades that are profitable. If they don’t have a significant chance of earning a profit, they don’t take the trade.
It makes sense, but some customers wanted to see more transactions per day. Often in the mirror trader, you could go a day or two with no open trades. Fusion Traders are more geared towards taking multiple smaller, shorter term trades per day. This product essentially parallels the Mirror Traders.
Compensation plans are hard to explain and hard to understand. Every company says they have the best one. But I want to highlight the key things about it. It’s good for the little guy.
First: One you have 2 people, your income covers your own membership fees. This means that all of your trading profits can now grow and compound. I think this should be the goal for anyone joining my team in the next 72 hours. It’s easy because everyone out there wants to make more money easier. I highly recommend joining as a customer first.
Second: Once you have 3 personal recruits and 12 total in your organization, you hit Platinum 600. 600 of any network marketing company I know of. 600 is a level that can literally change people’s lives. There are 2 price points to get started at.
This gives you access to the Harmonic Scanner, IML Academy, IML TV, and Daily Swing Trades. This used to be the only level you could join at. 15 if you want to pay the additional IBO fee. Independent Business Owner is an important legal distinction to have different pricing for customers and business owners.
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That is the lowest spread that I think I have ever seen. You can add the IBO on at any time. I should mention that these bonuses you are welcome to give your customers as long as they are part of my group. I want you to understand how this can benefit you for the long-term. 1: Custom Webinar As you may or may not know, I’m one of the best in the world at creating compelling webinars. I have created a presentation webinar that appeals to people who are NOT in the MLM industry. Habits of the Wealthy, which I encourage all members to carefully go through.
It explains some of the counter-intuitive things that wealthy people do. This is my own personal investment plan for investing in Dividend paying stocks. Now you won’t have the same kind of capital return, but nevertheless, I believe in diversification and owning some individual dividend stocks. This training video will show you how to pick ones that outperform the market. 4: Big Picture Financial Overview This video explains some key elements of a fantastic chart that goes over the most important markers in modern monetary history.
But seriously, this is a short video that will give you some ah-ha moments as you look at your own personal finances. These bonuses are ONLY available if you are in my group. 6: Additional Training Resources You will also get access to our complete training website with training, tutorials, presentation tools, graphics, and so much more available at IMLTrain that walks you through everything you could possibly need to know. Lastly, I am a master of paid traffic and know that this can sell in cold market traffic.
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I have also recently achieved the Bing Adcenter Certification as a top Bing Adcenter marketer. I can help you get extremely targeted cold market leads. This is completely optional, and I love working with customers also. I give you my own crypto trading formula that has produced incredible results. And my upline, who has been close to Brandon for years, is a professional options trader. These are great people to have for 3-ways in addition to myself.