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ForexTrendLineStrategy.com (Kelvin Lee)

Discussion in 'Trading Systems' started by Administrator, Sep 6, 2011.

  1. Administrator

    Administrator Just Administrator :-)

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  2. mfr04

    mfr04 Recruit

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    Wished I'd found this site earlier. Signed up to his Binary Options course (as he offers a very compelling back-story and a $0 entry option - which he gets US$250 as an affiliate when you sign up using his recommended broker - this fact isn't disclosed in any of his marketing material - I asked in an email and that was his reply to me).

    Kelvin was communicating with me (answering my questions) until I started to conduct some due diligence on his trading history and his 5 strategies and pointed out issues I discovered - then he stopped responding to my emails.

    I was hopeful his strategies would pay off in the longer term - but after spending countless hours backtesting (2 years worth of data) and forward testing over a few weeks using a live account, I discovered his strategies cannot sustain a profitable position (even if you 'double-down' in a Martingale fashion as he does suggest in one or 2 older videos I found), and the (almost) daily reports that arrived via email (and are available on his website) only reflected cherry picked trades. Yes, he shows a few losing trades here and there to give you the sense that what he says is truthful, but I discovered with my testing he doesn't show all the losing trades, which would put his account into an unsustainable losing position.

    Suggest you avoid his Binary Options course/system (and Forex course judging by the comments in this blog - I never went on to do his forex course so cannot comment first hand).

    His websites are:

    Binary Options Mastery Course
    binaryoptiontraining.org
    binaryoptiontraining.org/why-i-trade-for-a-living/
    binaryoptionclassroom.com/binaryoptionmasteryspecial.html
    binaryoptiontraining.org/category/profit-loss-report/
    binaryoptiontraining.org/category/daily-live-trade/

    His strategies include KB5, KB1, Overlapping, 200 EB,
    Forex Street University Course
    currencytradinguniversity.com/best-forex-course
    currencytradinguniversity.com/currencyuniversitynewsletter
    currencytradinguniversity.com/400-discount-program
    forextrainingclassroom.com

    His strategies include Break the Bands, Forex Piggyback, Forex Scalping, Forex Strategy Pro.

    YouTube Channel ("Currency K")
    youtube.com/user/forexindicator
    If you've had a poor experience with Kelvin Lee aka ) then I suggest you down-vote his channel and videos so we can try and get rid of this clown.

    * I've mentioned his strategies by name so the search engines can (hopefully) find and index this post.


    This is the information I have from his website/emails/youtube info:

    Kun Hui (Kelvin Lee)
    kelvinlee@forexindicator.org
    Woodlands Post Office, PO Box 104
    Singapore 00 917307
    SINGAPORE
    also kl@forextrainingclassroom.com


    I hope this post helps out others.
     

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