Not that great as i thought
-chat: very clean, no spam, but too many traders are alerting with different styles (and most of them are losing), even moderators have different styles. You can use the chat as your source for news and ideas what's moving, but definitely not for alerts most of the time
-Nate: he's really helpful and you can pm him and he will always answer, also mods too
-alerts: If you want follow his alerts you will be losing money, when he alerts something it looks like this: AAL watch dips for long or short small FB risk on .30, from now shortng pops TWTR etc., which is a little bit shady alerting because you don't know his EXACT position size, his EXACT risk and his EXACT entry, he scale in and out a lot. Everytime something from these three is missing, it's very shady, it's not true alerting and it's basically means nothing, When his alrerts is going his way he can tell you how big he banked, when its not he can tell you he was only small this time and he had good morning so he's up on a day big, or he can tell he was scaling in and out, or you should cover washes(after move already happened). You basically can alert whatever you want and make it profitable trade everytime...
-3:1 RRR: i have no idea how he can get 3:1 RRR, in the morning he scalps, paras is scalping mostly and he's doing a lot of scaling in and out and there is no way he can get RRR high as that, he's sitting in large loss a lot for a small profit.
-education: the DVD is good, webinars too, but it won't turn you into profitable trader imo. There are losts of higher lows, paras, faders out there and you have to gain the feel for when to take it or not, i would say his trading style feels a little bit random and by feel(espacially in the morning). Nate is profitable and he's good at his style, but for a begginer it wont be easy to learn this style of trading, There are more begnner friendly styles out there
-overall: a litte bit overhyped chatroom, especially on twitter where Nate is retweeting tweets of begginers who got lucky and made some $$ and it looks like everybody is banking there but it's not true, most of the chatroom is losing money and they don't know what to do, but they're some very good traders in the chat too, but they're taking care of their own shit and they have their own styles of trading
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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