Uncertain, but the market summaries are emailed and posted daily in the forum section.The YTR rep informed me that although the SMSs were free to guests, their more regular email market summaries were not included for guests. Strange. Emails can be sent at no cost - whereas SMSs would actually cost them money. Why would they do this?
Curious, the YTR membership is lifetime, access to the live trading room is not. After 12 months trading room access incurs a monthly fee so only a certain percentage of members will pay this ongoing fee since they will have already traded YTR strategies for 12 months. The mods trade only published YTR strategies so many experienced members would likely choose not to pay the room fee ongoing unless they saw some value in doing so.The rep quoted me that they had 'educated' 3000 members since inception. When later I asked how many were current members he said 800. That's only a 26.6% retention rate. So my next question was; "Why would anyone walk away if the system is making them money?" His explanation was that the 800 only represented the ones who login regularly (ie active members) and the other 2200 are out there presumably making squillions from their education in the YTR live trading rooms and don't need to login. Sorry, but if any person or system has given me that sort of financial freedom - I'd support them to the end of the earth and would keep logging in forever more.
YTR does not teach reliance (quite the opposite), they are an education provider establishing a reputation for developing successful Forex traders and not a pump and dump shop. YTR is more "transparent" in their dealings with members than any organization I have ever dealt with.I don't like being totally reliant on anyone or anything. To sign up for YTR requires a lot of trust in everyone at YTR. While the pro traders like Willie certainly seem genuine - I don't believe the whole system is transparent to all members. My gaps in SMS alerts is the key driver for that belief.
Go for it and good luck, but keep in mind that only about 12% of Forex traders make money. YTR's program is a good one, and I looked at many before joining. Be careful about choosing who you place your confidence in.Long story short. They nearly had me by the short and curlies! But I've backed out and decided it's back to the hard slog of trying to find my own trading system.
Yes, there are many trading coaches/mentors out there who will be happy to take your money and in many cases it will be more than $5000, some less, for a time limited program. If you want 1 on 1 coaching then be prepared to pay big money for it.I tell you this... if anyone here can help/coach me to develop a good FX trading system that they can prove returns consistent profits - I'll gladly pay you what I was going to pay YTR.