Wednesday, June 14, 2006

Review submitted to: ProgramCritique.com

ProgramCritique.com is asking for customers to review various programs and after finding a rather inaccurate and unscrupulous "Critical Review" of TeachMeToTrade.com, I felt the need to pipe up with what I know of EduTrades, Inc./Teach Me To Trade's programs. Below is the review I submitted to them just a moment ago:

Review Title: Expensive But Valuable
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I've only recently begun with Teach Me To Trade (EduTrades, Inc.). The statements made in the critical review are not entirely accurate. You do pay a considerable amount for the courses and individual coaching/mentoring, and there is no guarantee of ROI, and you certainly can lose all your money without recourse (isn't that true of any investment system if you take it to it's theoretical limits?), however the courses are well organized, and contain thorough information about what it takes to become a successful professional trader. I think it's a gross inaccuracy to state:
"The truth behind TeachMeToTrade.com is that you only pay money for different programs and in the end receive nothing."
The instructors, courses, coaches and materials they provide are top notch. There may be cheaper ways to acquire the knowledge they present, but they have done a very good job making the concepts accessible and digestible. I realize stock and option trading is not suitable for all investors due to the inherent risk, but the Teach Me To Trade methods are all geared towards limiting your risk exposure in the market. Limiting your exposure is key to consistently getting returns in stock and options trading (you keep the money you make, rather than giving it all back).

For a really in-depth look at exactly what they're teaching, how much I've spent and what I'm getting, please visit my blog. It's a first-hand account of my experience with EduTrades/TMTT:
http://taott.blogspot.com/.

2 comments:

PiaLP said...

I have also recently signed up for several TMTT courses and am excited to get started. I'm doing the face-to-face training, so I have to wait a few weeks for the next one. I am really glad that you are doing this blog on your experiences. I will check back regularly to see how you are doing.

Trader Taocode said...

Thanks for stopping by and leaving a comment. It's good to hear from another TMTT student. Best of luck to you in your training and trading. Please do come back often, as I'll be keeping the content as fresh and updated as possible with frequent postings and status updates.