The best place for a new trader to begin
I purchased both the Fous 4 and 4X2 training as well as subscribed to Fous TV a little over a year ago. I started with $100,000 and was able to increase my account by 84% my 1st year thanks to Cameron's training and Fous TV. If you are a new trader starting with a small account I would very strongly recommend learning how to trade the long sided, microcap breakout patterns that Cameron Fous teaches to build up your account.
If you are just getting started trading Fous 4 and 4X2 is essential training to learn long, triangle breakout strategies. Fous 4 covers the basics that someone very new to trading and investing would need to know such as float, market cap, earnings per share, PE ratio and forward PE ratios, as well as the 13 ema (the backbone of trading). The majority of Fous 4 covers four breakout chart patterns that Cameron likes to trade. He shows how the patterns form up so you can identify them and enter the trade and well as what to look for in timing you exit to the trade. Fous 4 does a great job explaining daily chart patterns and focuses on swing trading the four breakout patterns.
I made the mistake of only watching Fous 4 and not 4X2 until the latter part of the year. I highly recommend that you purchase both Fous 4 and 4X2, and watch them both, prior to beginning to trade. 4X2 covers intraday trading and even though I have chosen to focus my trades on longer term swing trades vs. day trades it's essential to learn the intraday patterns to help you pick better entries and exit quicker if the stock does fail to beak out for the longer term swing trade. 4X2 covers how to identify "F1" breakouts in the 1st two hours of the trading day and what to look for when entering those positions as well as indicators that tell you to exit that position quickly. It also covers how 3 point triangle break out patterns will form up on an intraday basis so you can identify the stocks that could break out later in the day and potential entry points for these patterns. He even shows you where he goes each day to look for stocks that have the potential to breakout the next trading day. This really shocked me because people pay him for Fous Alerts which are the same stocks that he'll teach you how to find on your own. I really do feel like he wants to teach people to become traders and not just rely on him for picks. If you spend some time in his chat room you will see how everyone is looking for breakouts on their own and alerting them to other members when they are potentially forming up on an intraday basis. It's a great community of traders. Most of my successful swing trades I've learned of the stock first from Cameron in a previous session or his watch list, but I entered on my own accord without an actual alert from Cameron. I was able to do this because Cameron taught me how to trade and still teaches me something new almost everyday watching Fous TV.
Fous TV is awesome! If you're new to trading, purchase Fous 4 and 4X2 and watch them both first. Then subscribe to Fous TV and you will be able to watch as Cameron scans through stocks that could be potentially breaking out that day and see when he enters and exits positions live. To be able to watch this him trade live is priceless if you really are serious about becoming a full time day trader, or serious part time trader. You will see first hand how disciplined of a trader Cameron is while you watch him pass up stocks if he can't get the entry that he wanted. I think this is essential for new traders because its too easy to chase stocks when you're learning. When you chase stocks you usually will lose money. Cameron is also very good about cutting his losses short and explaining why he made the decision to cut live so you can learn to trade successfully like him. He's wrong about 50% of the time and most traders are wrong 50% of the time. The key to becoming successful is taking small losses and letting your winners ride.
Becoming a student of Cameron's was one of the best decisions I've made and owe him exponentially more then I've paid him and will continue to pay for Fous TV. I want to be very candid about my review of his products and services as well so readers can know what to expect before they make a decision to purchase his products. I have read other reviews that say he focuses too much on intraday scalps (taking a quick initial profit off a short term spike) on his trades and I would tend to agree with that. This should not deter you from learning his strategies and following him on Fous TV. It's your choice if you choose to take a longer term swing trade strategy like myself and I've been very profitable in doing so. Cameron will be the first person to tell you that he probably should hold some of his trades longer, but after years of trading his strategy he's very comfortable taking the shorter term scalps over the longer swings because it's been very profitable for him. I myself, at this time, focus on longer swings and even some of my swings will become even longer term position plays if I feel the company is truly headed on the right path to profitability. He'll teach you the strategy and it's up to you to determine how long you wish to hold your positions.
One other thing to be prepared for when subscribing to Fous TV is that it's not guaranteed every trading day. Cameron will miss some days (Monday's are more common). It's also for the first two hours of the trading day because that is when most trades are made and there usually are not good entries after the first two hours until the last hour of the day. Recently he ahs also been offering Fous TV for free on Thursday so even if you are a paid subscriber you need to sign up early to make sure that you get a spot. That being said, it's worth every penny and he probably could charge more and would still keep his subscribers. It really is a great service to watch a successful trader trade live.
I would also like to state for anyone considering purchasing Cameron's products is that after learning and following him for a year; I do think he's a very genuine person who truly wants to make his students successful traders who will continue to trade with him in his chat room community. He wants you to know how to trade and not just follow his entries and exits. The more successful of a trader you are, independent of his entries, just makes his chart room a better place to be a member. I have to give him a commendation for understanding when you are a real teacher, not just another promoter who makes their gains on the momentum of his students entering a trade, is a much better long term strategy if you want to keep successful traders/students as subscribers to his services.
My last point is that when you are wanting to learn something, and are looking for a great teacher, don't let your predispositions get in the way of what you should be looking for in a teacher. I see too many people who put more importance in relating to the person who they want to learn from instead of looking for the best teacher. When I first viewed Cameron's website I didn't really relate to him driving around in a Massarati or the lifestyle depicted in the video. I'm 39 and I wanted to become a trader so I can provide for my family and be financially secure. That being said, I truly believe that Cameron is a honest, outstanding teacher who really wants anyone who buys his materials and subscriptions to learn and succeed. If you want to become successful as a trader, Cameron's training material and subscriptions are worth every penny.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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