No matter what trading style suits you, make sure you use a decent take profit-stop loss ratio. This way, you can play with it for as long as possible without risking real money. Master the fundamentals of trading from websites like Udemy or YouTube, and test out your newfound skills on a Forex demo account. There are far better options to learn trading online, with some being free. If you’re interested in joining this platform just for the sake of learning to trade, you need to reconsider. You need to have a certain number of people under you, and have a few of them buy the starter pack.
There are 11 levels that you can climb depending on your performance as an IBO. You have to recruit people under you and build a team. The website does offer trading courses, but for the most part, they are all about recruiting people onto the platform. The foreign exchange markets are closed on the weekends. Learn trading from their courses and trade on the markets in real-time from Monday to Friday (Forex market hours).If you’re not a huge fan of MLM business, you certainly won’t enjoy this. Promote their products as an independent distributor and refer people to the platform.There are two ways to make money with the system: Liberty – This tool will find binary options trading ideas ($21.95).Pivots – Many traders use reversal points to identify entry-exit points this tool will do just that and draw pivot points.Bounceback – Identifies the best entry points on a chart ($21.95).Goldcup – Uses a lot of strategies to come up with high-probability trade ideas, the ones that are very likely to yield a favorable result ($21.95).Steady – If you’re looking for long-term trading ideas and don’t want to watch markets all day long, this tool is for you ($21.95).Dolorean – This tool will find various market opportunities and strategies better to fit your trading style ($21.95).Levels – Used to identify the best entry/exit points, and a stop loss ($21.95).Vibrata – This is a tool used to find quick trade ideas ($9.95).You can also sell the following products as add-ons: You can resell the above-mentioned plans as a distributor, more specifically as an IBO. This is not true with all network marketers, of course, but most of them.Ĭlick Here for Our #1 Recommendation The Product Line Unfortunately, most network marketers resort to unethical practices to sign people up, and the referred people have wrong expectations. The company uses an MLM structure, and it can be a bit tricky at times to get referrals. They use the term Independent Business Owner (IBO) as a fancy term to address their affiliates. There’s also an option to partner up with the company and become a distributor. With the platform, there’s also a Prime pack with which you can buy a subscription for multiple months and save money: You can get started with any plan and upgrade/downgrade as required. Here’s a quick overview of the four packages: High-Frequency Pack ($179.95 per month).IM Mastery Academy offers four subscription plans:
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In case you’re interested, here’s a quick video that shows how to spot pyramid schemes. The founder probably changed his strategy to ensure his product’s longevity. It focused solely on recruiting, and behind the scenes, there was no actual product. However, its predecessor, iMarketsLive sure was one. No, IM Mastery Academy is not a pyramid scheme. The program previously shared characteristics of a scam since there was no actual product. They introduced a few Forex trading courses that a member can re-sell to make money.Īs a distributor, you can sell their courses and get 50% commissions on all sales you bring. To avoid a lawsuit, the company was (probably) re-branded as IM Mastery Academy.
Courses to help develop your own unique trading strategies.Access to tools and training to help you become a better trader.After becoming a full-time trader, he launched the company iMarketsLive, which was all about recruiting people. Terry used to work in the construction business, and then realized it was not from him and got started in Forex instead. Even with a 50% success rate, you’ll make more than what you lose if you use a proper stop-loss strategy. In Forex or Foreign exchange markets, you will watch the relative value of two different currencies and enter a trade with a higher probability of profit.
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