Base Camp TradingReviews of basecamptrading.com

After purchasing one service, indicator or subscription, I don’t like the up-selling for more expensive stuff, making it seem like you should buy more and more to be successful.

I don't trade options, I trade futures on the indexes. Much of the dialogue is not in my interest. Occasionally Thomas mentions the NQ. I have difficulty understanding him when he talks fast. Trying to learn how to trade, the chat room not much help. If I was an experiences trader using options the room would be invaluable. That's where I am.

In two (2) occasions,I was asking support for the link of the webinars (last one was Oct.8) but I never received it. I finally got it only yesterday,monday,Oct.10 from Mr.B.Coleman reagarding the replay.

It’s obvious Thomas doesn’t like his job at the “Chatroom “!! John Osborn would probably be the better fit.

I afraid I have been disappointed in the Basecamp Trading training. I was initially very excited for the EGOS education but disappointed with the actual class itself, it was very basic information at a very high cost. The ads for Basecamp classes tend to promise big but deliver small. One of the things that the instructors should make clear for both Thomas and Dave's classes is that the ability to trade intraday in these setups is critical if it goes against you. Having an account that was below the allowable PDT rule necessitated my holding many of the EGOS trades overnight and I lost more of those trades than I won overall, drawing down my account and I abandoned EGOS trading. It would be good to advise new traders with small accounts to set up a Tier 2 cash account to begin with. That way they could set up more than three trades per week and feel like they could get out of them if need be even if they are limited in how big a position they could take. I have also taken all of Dave's SPX trading courses, 11 hour, advanced 11 hour, Matrix and advanced Matrix and the MIST intensive. The implication Dave puts out, especially with the MIST intensive is that the class will pay for itself in no time, even possibly during the intensive and in my case that was not true. One of the intensives was during the FOMC announcement and that during that particular announcement price didn't go anywhere. I asked in the following MIST intensive if alums could join in the room during the next FOMC announcement and Dave politely declined. During that FOMC announcement, the class did have an opportunity to earn the money to pay for the intensive and to be honest, I felt a little ripped off having been denied the opportunity to participate, (I did not trade the FOMC on my own as I felt unequipped to do so). After huge success trading in sim I quickly learned that real trading is quite a bit different and I fell below the $25,000 level for day trading and foundered. Not blaming Basecamp, that was on me. Having significant losses has pushed me to go back into paper trading in order to understand better how this works and I have actually been using the PATs system with Mack (a competitor) and have a bit better understanding of price action at a FAR lower cost with better education. I am currently paper trading the Matrix spreads and placing the occasional one contract real trade as I have funded my account again and I want to be more disciplined about risk management. The reason I only gave three stars is that while I think Basecamp is an okay resource, it's very expensive and for me at least, has yet to pay for itself as was suggested by both of the main educators after belonging as a member for nearly two years . I work full time and cannot participate in the trading rooms save for occasionally but I am currently going back and reviewing the 11 hour and Matrix courses and only focusing on those strategies for now. Hopefully next time you ask I will have a more positive outlook on your product. Also, John Osborne is a bright light in your world. Bob Warner

So I joined the trade room several times, but they were using strategies I didn't know. They never explain the strategy, they say look at XYZ it looks great. Im going to trade it and they put in a trade and I get an alert. Because I couldnt follow I stopped joining the room. I wish their was a room for beginners. I had a similar experience in Algebra. one teacher skipped steps when showing you the solution and I would get lost. Later I switched teachers and this guys showed every single step to the solution. My D grade changed to an A. imply because the teacher explained exactly what they were doing, every single step.