Precision Trading Systems is a stock trading education company run by Mel Raiman. The company offers stock selections and educational seminars on trading equities. This report focuses on the seminars offered by Mr. Raiman. I attended the last PTS seminar held in February in Atlanta, GA. The vast majority of the information Mr. Raiman covers in the seminar is completely worthless. Ignored are crucial subjects such as stock selection, trading entry and exit techniques, trading setups and trade and money management.
Instead, participants are provided with a pathetically thin course manual that lacks any useful information, and are then forced to listen to hours of stories about one of Mel's former students who is supposedly very successful. The "state of the art" trading platform that Mr. Raiman talks about is not anything special, nor is the mix of common technical indicators that are used in his approach.
Everyone I talked with was highly disappointed with the PTS Seminar, and I personally felt completely ripped off. My requests for a refund from Mr. Raiman have gone unanswered.
I highly recommend that anyone who is considering taking the PTS seminar call Mr. Raiman and ask him some very hard questions, including whether or not he, himself, is a successful equity trader.
Tj
West Palm Beach, Florida
U.S.A.
0 comments