Today we are taking a look at a Forex trading school called Traders Help Desk. The trading school is operated by Gail Mercer. Gail promises to teach traders time tested trading strategy beginning with how to limit risks. Besides her online video courses, Gail also promises personal coaching, trading indicators, and packages for learners on different budgets who want to learn her techniques of approaching the Forex market place.
Gail Mercer claims that she has 15 years of experience in trading and claims to have developed several trading indicators in the past. She is based in North Carolina and claims that she is published books on binary options trading to mastering counter trend trading. She says that her strategy is to remain focused and responsive to price, money management and risk reward ratio. She has provided a phone number and an email address through which individuals who are interested in her services can contact her. If you have come across this website and are wondering whether it is the right trading school to get involved with, this review will help you make up your mind once and for all. But if it feels like a website you do not want to get involved with, there are options which you can still consider. You can check out this page to find out what we have in store for you. These are Forex trading tools that all traders should use if they are serious about making money as part time or full time traders.
Traders Help Desk provides trading guides and coaching and the owner hopes that by the end of the training, learners should be able to identify price patterns, use risk reward ratios, manage their risks well and develop proven habits that successful Forex traders have. In the video course, learners will get familiar with topics like “like double tops, double bottoms, higher highs, and lower lows.” She claims that these patterns are prevalent in the Forex market place every day and if traders can learn to identify them, they can be successful right away because they will win most of the trades.
Gail also wants traders or learners to develop the right mindset. Her training covers the psychological part of trading. To cover all these parts, Gail offers video training, Forex indicators, personal coaching, and trading packages. There are 8 different training packages available on the Traders Help Desk website. The price of these packages ranges between $49 to $149. The highlights of these courses can be summarized as follows: Trading Nadex Binary Options & Spreads Using Candlestick Patterns $149.95, Trading Psychology Course Trading Psychology Course for Traders $149.95, Overcoming Negative Core Beliefs in Trading Unlocking the Power Within – Guide for Overcoming Negative Core Beliefs for Traders $59.95, Trading Price Bars Trading Price Bars – A Guide to Understanding $49.95, Volume Price Analysis – Guide to Divergence Volume Price Analysis – A Guide to Identifying Divergence $149.95 and many more.
Each of the sections of this course will brief traders on what they shall learn and why it is important to have those lessons. Now, Gail’s most expensive product is her mentoring where she will mentor a learner for a minimum of 9 hours. In this mentoring course, she charges $200 for 3 hours but the minimum duration of coaching is 9 hours. This means that a student who wants one on one coaching will always folk out $600 in order to be coached by Gail. The mentoring session can be done either in person or in her place where she lives in Califonia.
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We said earlier that Traders Help Desk sells Forex indicators too. These custom indicators are build for Trade station, Ninja trader and multi charts.We have found out that all of these indicators are based on volume analysis, divergence or momentum strategies. The price of these indicators ranges between $75-$395. We have also analyzed these indicators in detail to try finding their suitability for the public and according to our observation, we believe that they are overpriced and yet very basic. Most if not all of these indicators can be utilized on the internet for free if you use a trading platform like MT4 or cTrader. Therefore, we see that there is no need to even put a price tag on them because they are things that we can utilize for free with our respective brokers.
ail also offers trading packages. There is a silver daytrading package sold at $1495, and a diamond day trading package sold at $2495. Now, you have to get this quite clear. Traders Help Desk seems to be using this section of their page to make quick bucks and yet Gail is really selling nothing other than a combination of all trading indicators with one product. The problem that we have with these products is that they are over priced. They are not worth what they are being sold for.
Trading school was able to rate Traders Help Desk with one star. They claimed that Gail was only being a good sales person but not a professional trader whose income is generated from trading. This review claims that Gail is always making recordings of trades when the market closes and then claims that these are real trades. While these claims have never been approved or verified as the gospel truth, the fact of the matter is that Gail never came out to defend herself of those accusations.
Gail is certainly a marketer but she also has some unique insights about Forex trading. However, we also believe that she is not a real trader since she was not able to prove her words with actual trading performance. We would love to see her trading performance in order to believe that what she teaches at Traders Help Desk is the real deal. The reason she has ignored all her critics is because she is a marketer with no real trading performance. Just stick to our trusted and recommended products.
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