TR Profit System?
A lot of you might have been getting a lot of information about the TR Profit System from Toshko Raychev lately. And some people have asked me why I have not been talking about it.
Firstly, I have no personal experience with the trading strategy. I don’t like to talk about trading strategies without having person experience. Yes, the video proof looks impressive. But I don’t have any proof to share.
Secondly, this is not really my style of trading. This system seems to be more for intraday trading off the smaller time frames. So, that conflicts with a lot of the characteristics I’ve identified as necessary for consistently profitable trading.
Lower time frames are not as reliable as higher time frames and susceptible to a lot of random moves and market noise.
They seem to be using a 1:1 Risk to Reward ratio. One of my cornerstones for success is trying to trade in a manner that gets into trades with a MUCH higher risk to reward ratio than 1:1. I don’t like the stress of having to be right all the time, and would much rather trade in a way that allows me to be profitable only winning 1/2 of my trades.
If you want to learn more about how I like to trade, check out my Forex SOS Course.
One of the other reasons I did not talk about the TR Profit System is because I think there are excellent Forex trading strategies out there for a lot less. The one I am really impressed with right now is Vladimir Ribakov’s sRs Trend Rider 2.0 strategy.
You see, it takes more than just a winning trading strategy to make a consistently profitable trader. The trader needs to be able to trade the strategy perfectly under live market conditions when real money is on the line. This is the real struggle.
Vladimir has provided trading tools that help at home traders overcome this problem. For that reason, I think a lot more traders are going to be successful with his sRs Trend Rider 2.0 strategy than a lot of others out there. You can read more about this here: http://tradetheforexmarket.com/forex/srs-trend-rider-2-0-why-higher-success-rate-than-other-forex-strategies/
Or, you can read my full review here: http://tradetheforexmarket.com/srs-trend-rider-2-0-review-real-info/
So, here is the deal…
- If you are looking for a lower time frame Forex trading strategy, you can check out TR Profit System and see what you think.
- If you are looking for a trading strategy on the Daily Time Frame, check out my Forex SOS Course + Uboat FX Strategy (and get a HUGE discount of 91%).
- If you are looking for a proven trading strategy that can be used on ANY time frame and comes with advanced trading tools to help you trade the strategy perfectly from trade 1, check out sRs Trend Rider 2.0.