Ken Roberts
Ken Roberts course is designed to give new traders a basic understanding of the commodities market, known for its high risk. He refers to the course he has developed as "The World's Most Powerful Money Manual Course." I strongly disagree with the title.
I first became acquainted with this course after watching an infomercial. Ken was dressed up like a rancher and I remember thinking he didn't look much like a commodities expert at all. That was part of the allure, though. After all, if he could do it, so could I.
The course comes in a huge binder. The pages explain common chart-reading techniques, including how to understand technical indicators and how to pick tops and bottoms. Ken gives these techniques his own name, referring to them as the 1-2-3 system.
As you read through the binder you'll realize that in order to get fully detailed information you'll have to subscribe to Robert's Charting Services. The cost for this service is a whopping $175 per month. The binder also introduces readers to the K. Roberts Brokering Company.
I used the information in the binder to practice paper trading for a full two months. After those two months had passed I decided to try Ken's methods in real time. It's very easy to lose money in the highly leveraged commodities market, but I felt confident in the practice I had done. I was wrong and over the course of the next two months I lost over $47,000. Ouch!
The course Ken Roberts offers is not a safe money making method and I do not recommend it at all. There is no single person or manual on earth that can teach you how to trade on any market. Education and research are paramount, and I do not recommend including Ken Robert's course as a part of your commodities education.
After examining and testing hundreds of money-making opportunities and work at home programs, ONLY ONE brought in a paycheck that covered all my monthly expenses.
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