ok so i had to hunt back a load of pages to even remember my login for this thread.. i was amazed it was still going.
Ok so i have been in the live room since early this year, and also joined tony big pipper service about 2 weeks after it started.
so with big pipper the experience so far has been mixed.. I decided from the start to take every trade he put an alert for, and followed his alerts suggestions to the 't' ( no pun intended) it kinda went ok. the pip count is there but with the constant 50% taking profits, you end up with lots of pips very little profit, last week I decided to take the alerts but move and take profit when I felt it needed to, the results were a lot better, until one trade spikes and retraced thru the stop so it ended up being a 178 pip loss at full stake was wasn't too good, but this week has the GBR trade running at 100 pip approx so far, but unlike the advice from the site i didn't remove 50% profit, i left it running at a full stake , we wil see what happens today.
So my feeling on big pipper - it works to a point.. i don't agree with the way the pips are calculated for winning trades as it appears( and i might be wrong) they are taken at prime levels, not the alerts level.. e.g prime would be 100 pips in front...by the time the alerts is issued it might be 60 pips in front, I say this only because this is billed as a check your charts twice a day service, but if I got this wrong then I am happy to remove that comment.
Ok collins room
Here is the long and short of it... when there is volume and direction in the room its is a good room, when there is not... it of course doesn't work as it working on a short 5 min time frame for trades.
But and this is a big but... the room really should be used to train you to make his 'pip raider' system work for you outside of the room. The results page i recently found out includes ANY trade even mentioned to be taken in the room.. so if a trade on te JPY is mentioned for today, and that trade happens outside the room, it is classed as a room trade, now the issue with that as I see it is this... Colin will hang onto a trade longer outside of the room, and i understand why ..when ur in the room.. i think your dammed if you do and dammed if you dont.
So here is my overview of it
Colins Live trade room
Pros:
1. teaches you a good system for trading on your own
2. Take part in trades that win and lose
3. Learn you bad habits and how to get rid
Cons:
1. Trading just live room trades will NOT give you near the results shown on the results page
2. There appears to be no way of seeing if losing trades were taken out side of the room that would class against the room results
3. in low volume markets or lack of direction times, the live room is NOT the place to place trades...
Tony Big Pipper ( I have only used the service for 4 weeks)
Pro:
1.does enable you to spend very little time each day and be able to trade.
2.The trades can and do make good pips counts
3. It is very easy to use
4. Would suit people with full time jobs who want to get their toes wet
Cons:
1. With profit taking as the system says.. you make pips, but can easily kill the profit
2. losses can be heavy with a full stake trade going against you. ( although this as only happened once in 4weeks at 178 pips) all other trades I believe have been winners
3. You need a size able bank to take all the trades which I believe is needed as picking one or 2 trades could means them not triggering and then the losing one only triggering.let talk stright number here, with stops of 200+ pips and upto 6 trades possible triggering and only risking 10% total bank,, that is a pretty big account
Overall opinion:
I don't know many traders, and still resist calling myself a trader as I am still learning, however, collins club has taken me from not knowing what a candle stick is to being able to place my own trades with a reasonable degree of success, the big pipper has been good in my experience..but look
Making a wad on the forex isn't going to happen over night.. I personally don't like the results page with at $10 per pip you could make XXXX, but then I also know marketing hype when i see it, a lot of people don't But when a novice arrives at collins page.. they are not there to start a long slow learning curve, they are there because they think forex is the fast lane to riches, and a fool and his money are quickly parted, however , Colins room wil teach a totally noob (i.e me) how to trade, my current goal now is to reduce the % i trade at of my account, aagin all of this has happened with nothing more than colin and tony advice, and my view is a years worth of their fees, is still less then these forex conferences i have seen, so for me its money well spent.
So I would and do advise people wanting to learn forex to join it, nothing better than looking over someone elses shoulder, and colins method is very simply, the non trading time in the room you learn about discipline, their own experiences etc..that has helped me a lot.
Now asking people to apprently post this trade aco**** as proof is bang out of line..I dont care who you are..that falls under non of your business..but if you want a simple trade buy and sell time copy from my account with out the money aspect from it, then sure why not.. my only comment if remeber it contains my own trades as well as room trades, it iwl also include scale out trades etc, So i really don't see the point in it, but if that is floats your boat then i wil post mine. it wil be a simply jpeg,,with the $$ amount cut out.
I think most people who have talked about colins room in this thread havnt done him any favors, however.. I am happy with the way it has worked for me... I dont get paid for anyone i recommend, I stand to gain nothing from posting this, other than setting a few viewpoints straight...Colin is not for everyone, if you think you know it all then stay away, as he wont stand for anyone crap ( just his style) but if you want to learn like I did from the ground up and learn a system that wil allow you to make money, then go for it, but this is NOT a get rich quick scheme.
my offer last time was to even talk to people on the phone who want to ask me questions, that was never taken up by anyone including those caling fake on this service, (although a felow brit did pm me, but i didnt see it until weeks afterwards)
so the offer stil standing, I am just a nobody in the room, i doubt colin or tony even know my name i just sit quiatly in there learning, and taking the wins and the losses with the room, and trying to apply the method outside of the room.