Forex Mentor Reviews

May 19, 2006 by Trader Rich

I stumbled upon yet another useful website if you're looking for a mentor or just want to know which were reviewed well or poorly. Reviews are provided by users who post comments and a rating of SCAM, 1, 2, 3, 4 or 5.

Scam sites that I've seen in the past either via advertisement or Google Search:

WinningTradersAssociation.com - The one thing I can say about this site is that if you look like this guy, don't post your picture all over your website
4xmadeeasy.com

Reputable mentors?

Take user comments with a grain of salt. Some of the comments are really good though. They range from really ANGRY users who had their accounts blown up in a matter of days to users that are extremely grateful.

My mentor, Rob Booker was reviewed so-so. Here are some comments about Rob that I found interesting:

THIS ONE I CAN RELATE TO.

"He was busy with too many
clients, with his own trading, and with some
side projects."

"Apparently Rob also
started a managed accounts service, which is a
nice proof that he actually trades himself.
His results from January 2006 to March 2006,
haven't been too impressive at only 3% gain for
three months, but what's encouraging is that Rob
is honest about it."

"…This is a very
expensive program for offering not much more
than rehashed information from so many trading
texts."

You can check out the reviews and comments for yourself. If anything, it opens your eyes even wider to the fact that you have to be responsible for your own account and analysis. If you have had enough experience and have learned what works for you, it's much more beneficial working on your own or with friends than ever signing up with a mentor. Would you be more angry if someone else told you to make a trade and you lost big money or if you told yourself to make a trade and lost big money?

Personally, I'd be a lot more steamed if I listened to someone else and lost.

http://www.forexbastards.com/education_reviews.shtml

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