Sunday 1 January 2017

Terraseeds onineforexmaster (OFM Course) Review


If you visit www.onlineforexmaster.com, you can see lot of positive promises/remarks on Alien room performance.

Let see what they are showing on their website first, then we will come to real performance

1) Sample account with 100% return in 4 weeks (Jan-2015)

2) Set and Forget levels- No more staring at screen



3) Lot of winning tweets and less loosing tweets


Based on above screenshot from onlineforexmaster.com, They shown all big winning tweets and one stop loss with -40pips and one with Breakeven.

4) Average pip win per month is 998pips

5) Almost 5 star rating at Terraseeds Facebook page.

Personally, I was impressed by these winning results posted on their website and twitter so I took their course and 6 month Alien room access.

I will rate their learning materials 5/10 most of the materials can be easily can be obtained from Forex websites & Books.

Here is my journey and based on my personal experience,
1st trade, stopped out with 100 pips loss

2nd Trade, Stopped out with 60 points loss
 3rd trade, Won 100 pips
 4th Trade,Stopped out with 100 pip loss

5th trade stopped out with 80 pips loss



After that, I was really disappointed with my decision to signup this cource and tried to analyze what's happening instead of taking trades.

Lets go through every points on what they are advertising,

1) Sample account with 100% return in 4 weeks (Jan-2015)

I am puzzled, why they are posting Jan-2015 statement instead year 2016. For example Dec-2016 maybe because that is their best return in their history.

You can see only 60% of the trades are won and they are positive in the end by using different lot sizes. Meaning winning trade lot size bigger than loosing trades.

I think for beginners, its very hard to trade with different lot sizes. If bigger lot size fails, It will have very big impact to your account.

2) Set and Forget levels- No more staring at screen

Practically there is no way to achieve set and forget level for anyone. It may appear once in a blue noon. Its clearly marketing quotes to attract part timers so that they will think I just need to Enter and sleep peacefully. Based on my experience they will change Entry prices, Take profit, Break even, Stop losses level many times even may happen at your sleeping time or working time.

You may be at deep negative compare to others  due to your work,sleep, holiday etc..
 

3) Lot of winning tweets and less loosing tweets


If you look closely most of the tweets done by less than 10 of them. If you look at individually on their past records, you will see only winning tweets about terraseeds.


I noticed, they only tweets and put public posts only for winning trades and hide their losses. 
Example from recent 30-Dec-16 EUR/USD Spike, It was clearly losser for all members, See how they tweet and coincidentally all their favorite students did not tweet as well.

See the tweet after loss ,



Losses only visible to members and winning visible to public and their favorite student mostly tweets winners.


As a public, You will see only winners :)


 4) Average pip win per month is 998pips

They will share only spreadsheet with no of pips winning not their account statement. Nobody knows whether they are executing the trades on live account. Normally I see they like to downsize the lossing pips and increase the winning pips by doing averaging :)

Can you earn monthly 998 pips ?
Not really, Unless trades are executed by themself becuase you may not fill all the trades. If you are unlucky you will fill up with all loosing trades in the end you will be negative.

Positively, If you are lucky you may fillup on winning trades then you will be winner and may get higher than 998 pips !!

5) Almost 5 star rating at Terraseeds Facebook page.


Are you not amazed by 5* rating 60+ peoples ?
If yes, Lets look at the fact, 60 plus 4 to5 stars rating done with in last 2 months, Is it something fishy, Yes,

Everybody wrote good review to get autobox indicator for free,
http://onlineforexmaster.com/tflow-forex-trading-tool-autobox/


Only Qualified reviews get autobox indicator for free so everybody wrote good review.It is similar daily box indicator.



Conclusion,

1) It is not super successful as projected to public. If you can trade full time and if you followed all trades it will be successful based on last month trades.
2) If you are part time trader and if you are unable to check mobile at all time then most likely you will not be profittable.
3) Dont mislead by all winning tweets, It either done by their staff or by long term favourite students
4) Dont mislead by terraseeds facebook review, These are all written to get freebies

I think you can get better understanding and can be successful by following Rayner on youtube and Forexlive Greig on Youtube instead of risking your hard earned money.

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