I’ve just noticed that Investools have started running their infomercials again in my area for their 5 step trading system, as a past student I thought I’d post my comments on my personel experiance with them.
I’ve done the whole system, the 5 steps and also what they call the PH.D course, and overall I have to say it was pretty average but very expensive education, and here is why:
A lot of the Investools seminars I attended, including the advanced technical analysis and advanced options, were very packed, sometimes 300-400 people in 1 giant room with 1 presenter and 1 big screen. If you did not get there at 7 am to get a “good seat” you would be on the edge or at the back with a poor view
At many of the seminars that I paid for the presenters wasted a LOT of time on trival stuff like telling jokes, showing funny pictures or videos and other rubbish like making you stand up and down and saying silly affirmations
Most of the Investools material seems to be aimed to the complete beginner or noob, even what they called “advanced seminars” always wasted the 1st 1/2 to 3/4 of the 1st day on complete beginner stuff, to call them advanced seminars was a joke
I was very disappointed when I attended a seminar on advanced techincal analysis to find that the presented did not stick to the published agenda and decided to talk his own verson of trading so I never got the full training
Every seminar that I attended, even though I’d already paid a lot of money, contained a heavy sales pitch for more training, seminars, coaching or whatever they were pitching at the time, I think people in the sales industry call this a pitch fest!
In summary the I think the Investools trading training is very average to poor, is aimed at the complete beginner to advanced beginner, I don’t even think it reach’s tue intermediate level, and is VERY expensive.
Since then I’ve found that I could have learnt just about everything I got from Investools for vitually free, or for a few hundreds dollars on some well choosen online video courses.
Here is one of the courses that I bought after Investools for less that 1/10 the cost of one Investools seminar which has taught me more than just about everything at Investools, enjoy, it’s FREE
FREE Five Day Video Trading Course
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