OnlineTradingTricks.com Review

3.993 • 14 REVIEWS
Out of business Doug Kyle Brendan Duff
Updated: Apr 13, 2022

Formerly at usaforextrader.com

Formerly at 4XGoldKeys.com

Website is down.  Company seems to be out of business, unless they changed domains again.

OnlineTradingTricks.com
Out of business
3.993 • 14 REVIEWS

Recent User Reviews of OnlineTradingTricks.com

F
FxGirl
San Diego,
Sep 28, 2009,
Guest

I have been trading with 4xGoldKeys for almost 4 years and it would be hard for me to tell you all the good things about Doug and Brendan in this short review, suffice to say that they are truly dedicated to the success of their traders. About 18 months ago, 4xGoldKeys started providing automated signals. The signals tell you when to enter a trade; then you just follow their trading rules to manage the trade. The 4xGoldKeys Signals are based on price action, not indicators, so they work well in both trending and channeling/range-bound markets. Trades are short term, lasting anywhere from a few minutes to a couple of hours. When you log into the 4xGoldKeys trading room, you can see the signals displayed on their proprietary charts, or you can get the signals in a text format.

The 4xGoldKeys system is designed for traders who already have a basic understanding for Forex. And, of course, it
K
King pip
San Diego,
Aug 20, 2009,
Guest

Ive traded with Doug for years and every month he's just around the corner from a break though. I know of no one that has been successful for any lenth of time. I've lost almost everything I own thinking that if I just learn his system. All his long term traders have quit. Don't be fooled by the smooth talk.
E
Edgar
San Diego,
Jul 7, 2009,
Guest

Doug and Kyle are very responsive and will answer any questions. However their trading signals consist of drawing blue (go-long) and red (go-short) horizontal lines AFTER prices have passed those levels. If prices return to the blue or red lines, there seems to be 50-50 chance (sometimes less) that prices will do as expected based on the signals. I tried the service for a couple of weeks and end up with a small loss.
A
AdB
Washington,
May 15, 2009,
Guest

Jo Trader sounds like a bitter dude. I've been with Dougs Group for 3 years. Doug is constantly evolving with the market. Each of the strategies he has developed has been succesful if executed properly. The signals absolutly work. BUT as any serious trader knows it is up to the individual trader to keep his/her head.
J
Jo Trader
USA,
Apr 2, 2009,
Guest

I understand Phil's emotion and loyalty to Doug. However, the fact remains that his "signals" do not work for 98% of the people. It seems as though the only people successful with Dougs system are the ones he has in his inner group (and even some of those have left). I would ask Phil if he trades just the signals or does he trade with the other tools Doug does NOT teach anymore (Dynamics, rhythm lines, DK21...)? My guess is that he uses the things Doug used to teach. There are too many traders that were with Doug for 2 years or more and tried his signals for months that left due to loss of $$ when using his "signals". Bottom line is Doug no longer teaches how to trade the forex and I would be interested in anyone that is successful trading JUST his signals. I agree with Phil that the $50 or $100 Doug used to charge was an extremely great deal BUT how can you say going from $100/mo for great coaching to $350/mo for signals proven NOT to work for MOST people (again, my guess is 98%) isn't a scam?
P
Phil
Clearwater,
Jan 26, 2009,
Guest

I have been studying FX trading under Doug and trading with him in the room for over 2 years now. And I can confirm all the many positives said below and I have experienced neither of the two negatives personally. He did move the price up, but come on $50 a month for this service was stealing it. He has signals now that he is teaching us to use, that net 100 - 200 pips a day over multiple trades always protecting your account equity. Many in the room are targeting 2% account growth per day, and making that goal daily week after week. I just made my goal for the day while writing this. Doug is honest and real, and he delivers day after day. His price is still half what others charge for much less result. If you want someone to tell you how to trade, with the full intent of empowering you so you can make a living trading, Doug is your man.
T
trader Jo
USA,
Aug 14, 2008,
Guest

Doug no longer teaches how to trade but has instead has gone to selling his signals. His prices went from 100 per month teaching people to trade to 250 per month (now 350 per month) to get his signals. After talking to a number of people I found out that the people that have actually tried to use the signals have made $0 and in many cases lost $. He is obviously a good salesperson to convince people to pay 2.5 times more for something they already tried and lost with. Also, he has changed the name to 4X Gold Keys instead of USA Forex Trader.
A
Anthony
San Francisco,
Aug 26, 2007,
Guest

Combine a superb trader with an excellent teacher who can effectively convey his knowledge and wisdom to novice traders, and you get Doug Kyle. I have been trading and learning with Doug for a year and a half now and I can attest to his skill and integrity.

Doug had developed his own highly effective trading system and indicators which are proven to work day in and day out on the live trading calls he hosts every morning Monday through Friday. Traders on the call are polled daily and are normally at least 80 to 90% profitable.

Doug is a very patient and caring mentor who is committed to seeing that every member of the community becomes successful in currency trading. He is very open to answering questions and clarifying concepts for traders. The price for access to all this instruction is a very reasonable $50 per month. Doug also holds very informative weekend seminars several times a year that are also priced very low by industry standards. After attending one of these seminars, one has the opportunity to participate in an intensive 13-week mentoring program in which mentees receive very detailed instruction and individualized attention.

As a part of USA Forex Trader you are also part of a close-knit community of traders who support each other in becoming their best. Doug has two friends who also provide valuable insights on the trading call. Brendan adds to Doug's analysis of the technical picture while Andy provides an astute summary of the important fundamental factors that are driving the market.

In sum, I highly recommend Doug Kyle and USA Forex Trader. I believe that if you try it out for a month, you will understand what I am talking about. This group is truly a hidden gem amongst the multitude of forex education providers.
T
transplanted hawaiigirl
somewhere in the midwest,
Aug 9, 2007,
Guest

What can I say about Doug's group that hasn't already been said more eloquently? Ditto to all the other comments except Fibo's. It sounds as though he was looking for something different. As a group we are learning to become self sufficient traders. We are all at different levels and skill sets, yet I can say that I learn something each and every time I am on a call. I can only add that Doug is one of the good guys and I personally feel grateful to be a member of this group.
A
aaatrader
San Francisco, CA,
Aug 1, 2007,
Guest

This is a fabulous room to be in. I have a great deal of experience in trading, which began long before I ever started trading in FX. I have looked at many systems and trading rooms, and none of them even come close to what USA ForexTrader (Doug and his team) offers. Over many years of professional trading, Doug Kyle has developed a set of proprietary trade-indicators that are phenomenal in their accuracy.

On a daily basis, Doug takes us though trade entries and exits in real-time. Although Doug doesn’t exactly say “buy here” or “exit here”, he makes it very plain to group members where the good entries and exits are. He also puts his money where his mouth is, as he is trading the same price-levels as we are.

Possibly the most important benefit of Doug’s room is the way he teaches us to be able to trade on our own. Every day he takes time to explain the various trades that have recently occurred, reviewing where and why we got in and out of trading positions. He spends a great deal of time mapping out trends, price-levels, projections and much more!

Doug’s trading room is simply the best value on the market today. At $50 per month, he is practically paying us to be there. Seriously! We have access to great signals, insightful commentary, and precision timing for about $1 an hour.

This is truly a wonderful community to trade with. And that is one of the great value-added aspects of this group. It acts as more than just a trading room. There really is a “support community” behind what Doug is offering. His team offers comprehensive learning tools to the novice through advanced trader. They have programs that help with the mental “edge” that one needs to overcome the emotional trading obstacles that every experienced trader encounters. They also have a great guy who does economic “fundamentals” every morning in the room. He even makes an “overnight fundamentals” audio recording (posted on the UFT website) for those people who want to trade the overnight economic reports on currencies like the GBP. And for the icing on the cake, they have another professional trader, Brendan, who gives tremendous insight into the technical aspects of trading.

If you are looking for a home, a place to share with people who will support your efforts in a positive way, then give this room a try. It just doesn’t get better than this!