Who is Rob Booker?

[nloquecido]

Hotorocle, sorry, one more question. If for someone like me, I can't afford to take his training yet, would you suggest to subscribe to his signals? They seem cheap compared to many others. Essentially what I am asking is if you think after paying the monthly fee I will come out way on top if I subscribe to his signals?

In your experience when and how often did the signals come, and how many pips would they produce monthly? Thanks a bunch.

[michlou]

Originally Posted by nloquecido

Hotorocle, sorry, one more question. If for someone like me, I can't afford to take his training yet, would you suggest to subscribe to his signals? They seem cheap compared to many others. Essentially what I am asking is if you think after paying the monthly fee I will come out way on top if I subscribe to his signals?

In your experience when and how often did the signals come, and how many pips would they produce monthly? Thanks a bunch.

Might I suggest you ponder on the following before subscribing to signals. Someone legendary and great supposedly said this so here goes:

"If you give a man a fish he will eat tonight, but if you teach him how to fish he can eat every night."

So apply this to your situation and decide what is best for you.

[michlou]

Originally Posted by The_Future

I definitely agree with Your friends. It's quite evident that he's very knowledgeable, especially by the way that he writes all of His enlightening e-books. Also,He is not an aggressive/reckless trader;He is a very cautious/conservative trader.

It demonstrates that he's very concerned with defending capital rather than blowing it.

I hope this helps.

I know for a fact he is a long lost cousin to John Galt. And I am sure that John and Anne both would agree with his philosphy.

[nloquecido]

Good point. I guess I just want signals so that maybe I can make some money (on the side) as I am trying to learn and put together my own system, seeing as making my own system and trading could be disastrous. But thanks for the input.

[mebejason]

Rob Booker is awesome!

I have been taking his course during the month of March. The course gets a grade of about a C+ in my book, but the access to a competent, professional FX trader has been PRICELESS. He has made himself available to me via email (and sometimes by telephone) continuosly for four weeks. He has straightened out of few of my bad habits, and taught me a few cool strategies. Although, know upfront that he is a VERY conservative, "defensive" trader.

I am well on my way to trading full-time for a living -- all thanks to him.
I made back the money spent on training, within the first week!

I HIGHLY RECOMMEND HIM!
-mebejason

[robbooker]

I don't want to intrude on a discussion here. But I do want to state some things very clearly.

1. If you can't defend your profits, it makes no difference how much money you can make in your account at any point. Earning pips is SO much easier than keeping pips. What trader does not have a story about being up X pips for the month/week/day and then blowing it all on one or two bad trades? Knowing when to stop is VERY important.

2. Most traders think that they need a system (entry and exit rules). There are a zillion systems. Many of them work. The system is not the important thing.

3. The important thing is time and experience with a system and a proven track record of ending the day/week/month profitable. Keeping your pips. Nothing is more important.

4. Defend your gains. Defend your gains. Defend your gains. Do it by reducing your trade size, do it by stopping your trading. Do it any way you can. But defend your profits.

5. How much profit do you need before you start to defend it? Set a weekly goal and stick to it. When you reach your weekly pip goal, stop trading, or trade much smaller lot sizes.

6. I am not immune to mistakes. I get cocky too. I entered the fxstreet demo platform trading contest in March and was up 7% or so, and then I entered a bad trade and blew the account into pieces. I would never do that in a live account. So why did I do it in a contest account? Greed. It's the forex trader assassin. Greed kills profit.

7. I try my hardest, but I make mistakes too. I try to reduce my own mistakes by trading in a team, by having a goal and then sticking to it, by defending my profits, and by constantly learning.

Rob Booker

[foreveru]

I never dared to write in an english forum fearing of my "not good english"
But, after I have read some of Mr. Rob's books that fear have vanished.

I'm not an expert in the market but I believe that:

English: A bird in the hand is worth two in the bush.
Italian: “E meglio aver oggi un novo, che dimani una gallina.”
French: “Il vaut mieux avoir l’œuf aujourd’hui, que la poule demain”
German: “Ein vogel in der hand ist besser als zehen uber land,”
My Language.: "Yak Konjeshk ba dasta behtare az du balaye sar d'rakhta"
FOREX: “A pip in the account is worth two in the market”
Math: " +1 > 0> -infinity".. Got it..?

Hard to believe, Isn't it..?!

Let me rephrase it for you "A bird in the hand makes a tasty meal"
It looks more digestable now..

I have learnt it the very hardway
Now I admit that "Chasing alot of birds in the bush...HURTS!"

I had a dream of being "A Highly profitable trader" ...and the dream became true...into a tragedy.

I have realized (a little bit more late but never too late) that all I needed, is to be just "A successful trader" with much less greed and much more dicipline.
This should remind you about "Cut your losses and let your profit run"

I had all the tools & Dicipline to be successful, but never utilized it becuase I was excited by this new FX thing to me and so busy in searching for better & best system(s), books, and ways.

Most of us if not all have tons of files about trading strategies, technical analysis, macroeconomics, fundamentals...Etc and it keeps building up.
Just have a look in your favorites..those links are getting rotten there

Do anybody understand this "The market moves in systematic randomness"
Sort of randomly organized harmonics..! contradicting, isn't it..?
Sorry, I don't know how to express it in English correctly, but I'm sure you are smart enough to understand what I mean.
And it is where elloiticians get trapped, at the random part of human being system.

So, don't you believe by at least 1% that you need a safety, a good defense system for this market more than hightech attacking weapon?
BTW, Do you play chess..?

Get your defenses first, then plan for attacks, high attacks, otherwise you will be attacked......the heart related one.

If any of the aboves applies to you..or you apply to the aboves in anyway
Then I recommend Mr. Rob

This man is really honest and "A feather of honesty is much better than the big bold birds"

"Sky has no limits..Don't try to reach it"...that automatically will happen when you die.

Abdulla,
UAE

[Pip Trip]

http://www.robbooker.com/