My advice, run a mile and avoid this company like the plague.

The speaker showed us a clip of one of their trader making £19,000 in 4 mins and 1 clever person asked how much did he invest and it was £2,000,000 thats £2m. so if you do the math that would be £19 on £2000 does not sound as attractive as £19,000.

Anyways right at the end we were told again that only 5 places left and we must book now because they won’t accept us.. we were given the dates for the course which was weekday and being a full time employee I asked if weekend courses were going to be available too.. and the speaker quickly started filling ina form saying yes we will e able to give you weekend courses please have a seat and complete this form, when i politely said that I am not ready to register today the rude response was well pay £13K for it later then.

I would say plenty of demo accounts are available.. plenty of sites like babypips and plenty of books are available to spend as much time on it as possible so dont rush and gain your own knowledge, I am currently researching and inspite of making £16K profit on demo account in 10days I am not rushing… gos i know it was pure guesswork and luck but I want to be confident when i use real money.

Happy trading and good luck.

I too was at the seminar i believe you are talking about from Newcastle, on Monday night?

Too be honest, i didn’t really listen to the older guy talk that much, he kind of rambled on and seemed a bit unprepared, but i did sign up for the course which i took on Thursday and Friday. (i wanted quick turn around as i have 2 weeks off!)

It wasn’t the old guy who convinced me to do the course, (i was already half wanting an education before i attended), it was the younger Australian who sat outside (his name was James if i remember correct). He did no sales spill to me whatsoever, i sat with him for about 15 minutes when i ducked out for a toilet break and he just spoke one on one to me about trading.

I found that to be absolutely fantastic, he showed me charts, placed a trade (not sure how it went as i went back in the room). As he said too me himself, “try not to listen to the sales crap, just try to filter out the information, there are a few people who need an extra push to take action.” He didn’t seem a fan of the ‘pitch’ side of things but i could tell he was well into trading. Said he was over from the Australian trading floor as they are learning a new course on Futures this year to teach back in Sydney, and as the speaker for the night is a newer speaker, he would come for backup incase anyone has technical questions. There seemed no lie in that guy at all so i took action myself.

Its a shame that you didn’t do the course, i honestly really enjoyed the course, the teacher was really enthusiastic, and i walked away learning a fair bit. I stayed in London last night, placed my first 2 trades, 1 win 1 loss.

Even if it doesn’t do everything it promised to me, i gained some valuable knowledge. It’s a shame that the older guy on the night wasn’t very good, i kind of had a little laugh at him to myself, thought he was going to fall over at one stage lol.

I think with everything in life you get into it what you take out of it.

Just my thoughts.

The speaker told us he only did 2 hours trading a day, earned over 40K and had only been doing this for eighteen months and a 10 year old could do it. In the next breath he said he travels ‘all over the place’ doing these seminars so immediately I was suspicious.

Would a guy like this be trusted to go ‘all over the place’ on the back of eighteen months experience? No matter, give the guy a chance I thought and sat there listening to a load of BS for nearly 2 hours only to be told at the end that the 2 day training would cost us over 5K.

He sensed the disappointment in the room and then said that this was the total ‘value’ and it was actually being offered at £2,997. My ears pricked up a little but he then said the only way we would get that lower price was if we signed up that night, left a £500 deposit to reserve a place and accepted that when we get to London, we may have to give testimonials and /or be videoed.

No reputable company would try to blackmail people like this with these sort of take it now or pay double tactics never mind expecting people to carry £500 or bring a credit card with them when they attend what is advertised as a free introductory seminar.

But the big kicker was when we were told we should act immediately because there were only around 17 more people being taken on and we may not be accepted if we didn’t sign up. Now, I am normally suspicious about anything like this but felt a bit sorry for some of the young guys there as they seemed to be fooled by it all.

If the guy had been honest up front and said this course will cost you £2,997 + V.A.T and you will have to pay a deposit if you decide to sign up later, he may have received a much better response. If he hadn’t tried to blackmail me at the end then I might well have considered it. Anyone considering this should think long and hard about it.

just my thoughts.

Alex.

Just to address a few points in comments:

Someone has spoken about volatility being a reason for making a loss. Forex has such a small level of volatilty and hence why it is incredibly difficult to make any real profits over a significant length of time especially when you are investing 5-10k. When you are limited exposure to 1% you have very small movement that can result in misreading trends (bad times)

I think k2a are a company trying to make a quick buck. Do your own research for free before you invest anything. Like you would before you trade!

Good luck