Dean saunders lmt forex trading system

So all the above reviews have one thing in common. Want to get rich quick Stop looking for the holly grail and spend some time learning and studying. This is system is good, but it is better, much better if you understand resistance, support cci and other indicators. I have personally met dean saunders been to his house and shaken his hand and he ripped me off totally.

He is a liar and a con artist. He does not live on on island, his office faces a concrete wall and he will tread on anyone for his own financial gain. DO NOT get involovedin his web of lies as i did I almost lost my life savings. I found this system very dissapointing when I bought it mid last year. I didn't request a refund but should have.

I never even look at this system anymore as it did not make profits for me when I demo traded it. Although the system used to make fantastic profits in April-Julythis time is over now.

Since mid July it's so erratic it's hard to get a trade. The LMT stands for Low Maintenance Trading meaning you don't have to spend much time on it.

Unfortunately it is not true. Not only you have to be around when trade signal; comes but also you have to qualify the trade and then manage manually.

The qualification is not for newbies - you have to know how to read price action and MACD shapes.

It's not common the trade fires during fast market move so you simply have no time to think. The manual says about conservative trading meaning taking First Profit only. I run forward test for about 7 months on four different brokers. All of them are far bellow opening. And the equity curve goes down and down. I collected about trade signals per broker on H4 and daily signals.

But still you have to manage every trade. And most of the trades did not make much more than the first profit. If you were not there to close a trade, it could hit the target and go back bellow the opening. And the last but not least - these are signals collected round the clock.

dean saunders | Forex Formula

You could get the rates if you traded 24 hours a day. If not, you could colled most of bad bets! LMT is a trending system 4 moths of the year it says in the manual don't take trades into support or resistance, descretion is required always, look at what the charts are showing you and also understand some of dean saunders lmt forex trading system basic candle patterns, with this system you can win. The site also offers a mentoring group at a small cost it comes with tutorials videos and a blog that is updated daily all PRICELESS!!!

Guys if you want to be successful take a look at the site Forexmentorpro. I have nothing to do with this site, I am a trader who has studied for 3 years traded most days, wiped out some live accounts overcooked the demos you name it I screwed it up at some point.

These guys can put you on the road to success. Although Dean seems like a really nice guy, and actually answers emails, I have to be honest with this review. Part of the problem with my unsuccessful results may be that I just didn't give it enough of a chance, but after 5 or 6 martha stewart stock trader I gave up with this system. The main problem I see with it is it seems to completely ignore support and resistance levels, which are crucial.

Sydney morning herald stock market would often signal a finpari binary options trading at or near a major resistance level, or a sell near a major support level, than get stopped out a day or two later.

I have to give this one a mitts stock market unfortunately.

Just last week i made a killing 4, dollars trading just 0. Dean is coming out with an update soon Already made a whopping pips in the 1st week: I requested and got my money back via ClickBank. Perhaps I didn't set something up right but the thing hardly ever triggered over a four week period. I need something a bit more active. I have since purchased two other software packages and they are filling my needs better.

I'm surprised dean saunders lmt forex trading system the reviews so far as I share the same sentiments and similar experience as Bob, USA. Well, I hate to be about the only dissenting voice among all of these glowing 5 star reviews, but I requested a refund on this product. Let me first say that Dean Saunders seems like a nice guy, ie proxy automatically detect settings registry in that sense I hate to leave a negative review, but I have to just tell it like it is at least in my experience.

I found this system to provide no real edge, meaning it lost as many or more trades as it won, and I don't need a system for that, I can just flip a coin. I read the review of the guy talking about making hundreds of pips in his first day. Well good for him but that sure didn't happen with me.

Systems For Traders | LMT Forex Formula Review – Dean Saunders

I read the manual, and took trades per the rules, but found it often did things like sold into support and bought into resistance. I traded on the 4 hour charts, and even though those are supposed to be a longer term trades, I found several trades going straight to stop loss in less than 90 minutes.

Maybe I just didn't stick with it long enough, who knows. Although I'm sure Dean is trying to provide a good system, I get the feeling that his new life on whatever island he lives on is financed as much by selling these ebooks as it is from trading.

And I hate the website. It's filled with all those tired marketing ploys you see on almost every forex website that's selling something. Anyway, I certainly don't begrudge the folks that like the system and are making money with it; you may like it to. I'm just sharing honest feedback from my experience, which unfortunately was not what I hoped it would be.

Unbiased Forex Broker Experts. Review and Ratings Forex Trading Strategies LMT-Forex-Formula. Live Discussion Video 0 Court 13 Widgets More Live discussion Join live discussion of LMT-Forex-Formula. Video Your company video here? Court cases File a case Open 0 Resolved 0 Not guilty 0 Guilty 0.

Let other traders know if this service is worth checking or should be avoided. Page 1 of 3. Home Contact Us Help Terms Privacy Advertise. Forex Reviews and Ratings All Forex Reviews Forex Brokers Reviews Forex Software Reviews Trading Systems Reviews Forex Signals Reviews Managed Accounts Reviews Forex Education Reviews Forex Forums Reviews Forex Scams.

Forex Performance Tests All Forex Tests Metatrader Expert Advisors Tests Forex Signals Services Tests Managed Forex Accounts Tests Forex Traders Court Forex Scam Alerts Folder Forex Traders Court - View and File Cases. Forex Trading Education and Community Forums Complete Forex Education Course by Pro Banker Journey From Dairy Farmer to Forex Traders Sive Morten - Currency and Gold Market Videos Jarratt Davis - Trading Markets Like the Banks Andrew Mitchem - Currency Strength and Weakness Trading Fundamentals - Daily Trading Signals Market Sharks - Exclusive Analysis by Forex Experts Forex Peace Army Community Forums.

All rights reserved under US and international law.