Hello everyone in the NexusFi community,

I purchased the Fiboncci Institute system with private mentoring for the NT8 software in Nov 2019. I did so after seeing the multiple positive student reflections here on NexusFi as well as forex peace army and the FTI website itself. Additionally, I spoke over the phone with three people who were trading with the FTI system and found them all to be very happy with the method. At this point, I have become somewhat proficient at the system and software and wanted to reflect my thoughts to the community. I must say that if you are a lazy trader and want to buy on red and sell on blue then DON’T buy this program. It is definitely hard work that takes time to wrap your arms around completely. It may have taken me longer to learn because I am stubborn and had to unlearn many things that were effecting my trading decisions in a negative way. What struck me right away was the depth of her teaching. The subtleties regarding market structure, price action and reading bar charts were truly enlightening and a new level of discovery for me in predicting immediate price movement. It is definitely hard work to re-wire your mind and learn to read the market like Alla…but when you do…..you are truly set. Forget stupid indicators, dots that color up your screen and lines that cross. You will now know how to READ the market and take high percentage trades based on the knowledge she has imparted to you. Every day I sit in the trading room and trade with Alla and the trading friends I have made. The camaraderie is very positive and she even lets the members see each others posts. (Many trading rooms do not allow the students to communicate with each other) Most days, by 11:00 Alla will ask the class how their trading went for the day….and who is crazy enough to do that unless you are confident in your system. The majority of those present in the class will reflect a winning day. Some days a few points and some days many points. Let me be clear about this, Alla Peters is passionate about making you a profitable trader. We have had multiple private sessions where she will quiz me endlessly until I get it. She will answer any questions I ask and will keep discussing a point if I don’t understand something. Pat is her programmer and also a prior graduate who provides updates multiple times a year to the fib software. Now to be clear, as I said, you can trade the FTI system without software and Alla taught it this way for years, but WITH the software you can monitor multiple markets and time periods simultaneously. There is NOTHING about the software or system that is a black box.

OK…I know what you are thinking…I could have been paid to write this or be lying my butt off. Also, If Allas system is SO good why is she selling it. Being someone who bought so many trading systems that were garbage from charlatans who just wanted my money, I will admit that these are valid questions. So instead of believing me or not, how about signing up to be a guest in her trading room and you will see for yourself. She is truly genuine when she says that she wants to help others. She feels that a life spent on this world living only to benefit yourself is selfish and a waste. After working with her for many months, she has never wavered on in this philosophy that she holds so dear. You can sign up for her for her room for a few days for free or 77 dollars for a month. Honestly, I thank God regularly that I had a buddy who was nice enough to introduce me to the Fib Institute with Alla Peters. There is no smoke and mirrors with the Fib Institute. Just a method of interpreting price action that provides high percentage trades by predicting the immediate movement of price. Check her room out as a guest and you will thank yourself later.

After looking for and buying multiple trading systems and programs since 2010…my journey is over.

Hope this helps,

Steven

Moderator Notice All posts from @kimyew have been deleted, as a shill for this vendor. Please beware of tactics like this from vendors!

Big Mike 

Moderator Notice All posts from @kimyew have been deleted, as a shill for this vendor. Please beware of tactics like this from vendors!

They are getting quite sneaky these days. An example in the thread below had dormant accounts with zero posts that were obviously setup by the vendor many moons ago, ready to pounce the moment bad reviews started coming in.

One post in particular was interesting. An Elite member since 2012 with zero posts came to the defence of the vendor. Okay, fair enough, but apart from stating NexusFi is of very little value, they went to the end of the earth (quite literally) to defend the vendor and deflect all bad press that had been raining down on them. We are supposed to believe this was just a subscriber of the vendors room, but quite frankly the amount of effort that took to formulate, write and link to older posts was extremely suspect. Of course, the thread since inception has been peppered with shills for the vendor and this is probably just another one. Either way, they are getting more sneaky these days...

MBOXX ( similar to Weis Wave )/Wyckoff I have been a member of this forum for a number of years. I have never posted anything because I consider 90% of the stuff here is of little value. This thread is an excellent example of misinformation. However, since there are blatant lies being posted …

JonnyBoy 

They are getting quite sneaky these days. An example in the thread below had dormant accounts with zero posts that were obviously setup by the vendor many moons ago, ready to pounce the moment bad reviews started coming in. One post in particular was interesting. An Elite member since 2012 with zero posts came to the defence of the vendor. Okay, fair enough, but apart from stating NexusFi is of very little value, they went to the end of the earth (quite literally) to defend the vendor and deflect all bad press that had been raining down on them. We are supposed to believe this was just a subscriber of the vendors room, but quite frankly the amount of effort that took to formulate, write and link to older posts was extremely suspect. Of course, the thread since inception has been peppered with shills for the vendor and this is probably just another one. Either way, they are getting more sneaky these days... MBOXX ( similar to Weis Wave )/Wyckoff I have been a member of this forum for a number of years. I have never posted anything because I consider 90% of the stuff here is of little value. This thread is an excellent example of misinformation. However, since there are blatant lies being posted …

Sometimes a user is just a rookie/noob and sucked into the whole blackmagic area of vendors selling indicator and system packages. I think its natural that traders gravitate towards that in the beginning, but it is my hope and desire that we open their eyes on NexusFi and at least teach them how to be objective when evaluating third party products.

A user being naive is one thing, a stealth vendor is, of course, another.

Mike

Moderator Notice The last multiple posts by @Emmanuel Erskine have been deleted for vendor self-promotion, and the user banned.

Mike

researcher247 

--------------- Discipline & rule-based issues? Check out this blog post. I commented in there as 'hedvig' as well. How Often Do You Break the Rules? | PopDoc Trader Work on your old habit issues every day for 20 minutes (meditate on it--seriously); you'll come out the other side an AWESOMELY consistent trader. Trading is boring to me {though I appreciate it more each year}. Treat it like a very high-paying job & then concentrate on at least 2 other passions outside of trading; you'll be a better trader and a better man for it. peace hedvig

Outstanding advice here and on Andrew Menaker's forum!

peterg 

Let state that my review was based on a video Alpha made 5 YEARS AGO! Maybe she swapped the video with another and the levels dont match...I dont Know & frankly dont care...because I gave details and analysis of the "secret" Alpha methodology, if you did not read or comprehend my post; then, I'm sorry you don't have a understanding of basic Elliott Wave & Fibonacci extentions, theory, calculation and implementation My review of the tools and techniques Alpha employed, AT THAT TIME, revealed a RUDIMENTARY, at best, level of involvement. As far as checking out her youtube channel and what Alpha is employing or sell selling now does not interest me one bit; there are those who trade and those who sell to traders. Great, but if one is selling basic Elliott Wave info by renaming it Alpha Wave< well that, my friend, is truly THE FACT of THE FICTION! #suckah punch

After checking out the ninjatrader ecosystem pages after many years, out of curiosity on what they're up to these days, I still saw plenty of the same grifters selling 'trading shovels' from years back with the latest and archive webinars. And oh yes, Alla and her alpha wave fib institute. Still the most attractive female guru vendor of the entire bunch. I had attended her room for a month I think back in 2018 or so. Really wasn't impressed with the room material which although I enjoyed her pleasant voice personality, and her story-telling about hedge funds or whatever in the relatively sparse attended trading room it felt like.

Now looking at the improved and updated site over this past weekend. Are you kidding me?? After supposedly thousands of dollars in 'savings' on special deals of packages of the software or group or private mentoring sessions ranging literally from $4k to $10k? And I thought the warrior trading grifter 'deals' advertised year long on savings of his course and room were hilarious. After one has read through some fib and elliot wave books (such as Miner and Prechter or free to read guides and articles on some sites) and material (which doesn't have to be expensive at all) there's no real secret or costly software fib tools of trading that one has to spend a relative fortune to learn about or apply to one's trading. I guess her site and business may have an appeal to more wealthier newcomers to trading who have little or next to no experience with fibbonacci and maybe imagine they want some kind of catered intro trip into Fibonacci for the fees. But really, in ninjatrader or any other platform with features, there's often fib extension, projection and retracement tools often or usually included.