July 26, 2013

FTS Roadshow

The FTS Roadshow

14/15 July Holiday Inn Taunton

 

Graham asked that I attend and review one of these seminars.  The only introduction I had was the webpage for the seminars (here).  I have read the prospectus for many such seminars but had never attended any before.  These seminars are produced and run by Ian Erskine who explains in the webpage how he wants to help you be more successful with your betting.  A claim made by many such seminar producers, a claim I have always taken with a large pinch of salt!

On arrival Ian took me to one side and explained that he would be nothing different to normal just because I was there and that he did not support ‘review’ sites because they promote the thing that he feels is wrong with most people’s betting … buying systems!  I thanked Ian for touching base with me and said I was there to learn like any other delegate.

Day 1

Ian took stage for the whole of the first day.  He explained the seminars were not cheap by design, he didn’t want people to come simply because they could afford it, he only wanted a small number of serious delegates for each seminar.  There were 9 at the one I attended (including me) and about 20 each at the others held so far.  I think 20 would be about the limit for the working group atmosphere Ian develops through the day.  Ian also confirms that after the seminar delegates would have direct full contact with him by phone and email.  It’s effectively a passive mentoring service, a facility not mentioned in the seminar webpage.

The first morning mainly covered the structure and mindset of a professional bettor.   Ian starts by outlining his working and financial past, why he started betting and how he approached it, as a job, and how he ‘went public’ by telling his family and friends what he was doing.  The content in this session is well published on the Internet and there can be no doubt that those who make their living from placing bets operate in such a structured fashion but although you have read/heard it many times do you follow it?  Ian asks delegates to note how they intend to change their betting ways.  I think he should have gone one further and asked delegates to do as he did, to own their changes and commit to them by going public with them.

In the afternoon Ian give an insight what and how he bets.  The statistics behind his bet selection is very interesting and I’m sure all delegates would recover the cost of the seminar soon after adopting his selection methods (mainly football).  They are statistically based and spot value … people tend to think a 1.25 bet is not worth it but Ian’s point is, if the true odds are 1.10 then you have good value with a high degree of certainty and he shows how to find these opportunities.  Although not a tipping service Ian offers to send delegates information on the bets he will be placing over the next 3 months in a timely manner so that delegates can benefit from following him.  There is a ‘sale’ at the end for the Noir service at a small discount for seminar delegates.  The cost of this service is very reasonable at £495 p.a. (full price) when compared to other tipster services in the market.

Day 2

3 delegates left the seminar overnight leaving just 6 for the second day and so it became even more of a workgroup.  The morning session was devoted to horse racing, led by Will Lattimore and the afternoon to forex trading led by Chris Jones.

Personally I do not study horse form but found Will’s presentation very interesting.  It was easy to follow and made lots of sense as to how he spots (non favorite) winners at good odds.  Will gives delegates the websites he uses to help his selection process.  Like Ian, betting is a fulltime job for Will and anybody looking to copy Will’s approach (and success) must be prepared to devote a lot of time to studying form and races … it’s a full time job!  Will tells delegates how they can review every race run in the day on video and make notes about some of the runners.  The examples he gives are very convincing but the time required to watch and notate every race run in a day would not be available to all so the key here is to use Will’s approach on a filtered (niche) selection of races.  I certainly intend to look for ways to explore Will’s approach but using my database to try and pre-identify possible candidates.

Chris did his forex session after lunch and went through his selection criteria in great detail.  Delegates interested in trying forex will have left the seminar knowing exactly what to look for in the markets and how to open and manage the positions.  It is very difficult to go into more without explaining the selection criteria in too much detail.  Chris again emphasized the need to be structured, disciplined and have the right mental attitude.

Conclusion

Would I have attended this seminar if I was not reviewing it?  Unlikely.  Would I attend other seminars produced by Ian?  Yes, if the subject complimented my activities.  The most important thing is to follow through what you learn.  There is no point in attending a seminar like this if you are not prepared to tell yourself you could do things better.  My guess is that half those attending this seminar will not change significantly even though at the start they admitted they were not making a profit.  There is no point in attending this (or any other seminar) if you leave saying “that was interesting and it works for him but it wouldn’t work for me”!  You might as well put the seminar attendance fee into your betting bank and just carry on.   Also, I would say you should be playing a minimum of £50 stakes so that you can quickly cover the cost of the course.

You can sign up for FTS Roadshow here:

http://www.cash-master.com/FTSRoadshow.phpApproved

Filed under Forex,Horse Racing Systems by David Caple

2 comments

{ 2 comments }

george August 1, 2013 at 6:39 am

Chris Jone Forex. I paid a monthly subscription for his ‘teachings’ and was bitterly dissapointed. He spend the whole month umming and arrrrghing over the change of format for the members website and even over his trading technique. Although he took trades he was getting out too early most of the time.

The BIGGEST issue I have with him however is that he is using the supply/demand trading technique as taught for FREE by Sam Seiden (the original ‘creater’ of the technique on FXstreet.

A complete waste of my money and time to be honest. Avoid!

Graham August 2, 2013 at 4:19 am

Thanks for your comments George. My understanding is that he teaches the method for free anyway and that the membership is there for anyone wanting to look over his shoulder, so to speak, to see what he trades. We will be testing out this service here very soon, for a full three months, to see how he gets on.

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