Price Action and Income Review: Is Richard K Legit?
Welcome to the priceactionandincome.com review. We are looking at Richard K and his Price Action and Income website. He offers a free price action trading guide, daily trade forecasts and also claims to offer premium Forex trading education.
Richard K of Price Action and Income claims that his strategy delivers, no gimmicks, just results. He wants traders to know that Price Action and Income website offers the Propulsion Method, the Exponential Profit System and EPS Trade forecasts.
Priceactionandincome.com is quite popular on the internet as many searchers are using words like priceactionandincome.com review, Price Action and Income Richard K and so on. This means that the site has a lot of daily visits and definitely a significant portion of this audience is making purchases.
Before you buy trading education products offered by Richard K, you need to know whether the products are worth the price tag for which they are selling at and whether you’ll find value for money.
At the end of the day, you want to spend money when you’re quite sure that there will be returns at the end of the day.
Note: Price action trading is a valid method of trading. There are many Forex trading educational websites that offer price action trading. A good example is Price Action Ltd but in this review, we have not endorsed that website.
Most of these sites won’t help you make any money if the mentors are not professional traders. There’s a difference between a marketer and a trader. We want you to get the difference before you can spend any money on a site like priceactionandincome.com.
Price Action and Income review
The site is aesthetically-beautiful and professional of course. The content appears educative and any wannabee Forex trader would really be curious to know more as soon as they land on a site like priceactionandincome.com.
However, Richard K is not known in the Forex trading circles. His website has posted trading performance which could be used to evaluate his trading prowess.
The question is, how do we know whether he is a Forex trader or an internet marketer trying to make money by promoting Forex trading products?
It’s easy. The answer is in the quality of the content he proclaims to teach students as well as performance record.
What is offered at Price Action and Income website
The first product offered here is the usual daily trade forecast. The alleged win rate is 80%. Of course there needs to be some proof to support this assertion. Otherwise it comes across as mere marketing gimmick.
Richard’s Exponential Profit System course allegedly teaches trading techniques as well as indicators that can be useful in helping traders succeed.
The propulsion method teaches market geometry. This is a 3-part video series which has been designed for beginners and experienced traders who have not yet achieved consistency.
The EPS trading system is for teaching how to trade within market structure for high profits and high probability trades. The Exponential profit system teaches entries, exits and money management.
Finally, the EPS trade forecast is the signals which Richard K sends to your email. He claims that traders can make 3 digit returns when they follow his trades.
The cost of Exponential profit system trading course is $297. Trade forecast and trade alerts costs a whooping $1497. The cheapest product costs $47. This is the 3 part video series called the propulsion method.
Richard K has a dedicated page on his website where he is allegedly posting real trades from an account whose initial deposit is $10,000.
According to the stats on the page, the total number of trades won is 1163 while lost trades total 569. If this data is anything to go by, we can say this is nowhere near the 80% win rate which Richard K is advertising on his Price Action and income website.
Also, I was not able to verify the accuracy of those numbers. I hope to do so in the coming days before I update this price action and income review.
Reviews and testimonials
There’s no feedback from the public at all, which makes us wonder whether there are real students purchasing any of these products.
The question is why a popular site like this one is not receiving any feedback despite many people actively using words such as Price action and income reviews on Google to learn about the service.
In as much as priceactionandincome.com seems to be a quality site with quality learning material, our confidence is shuttered by the fact that nobody is telling us whether the courses and trading signals are as good as Richard K is putting it.
The trading performance has not been verified yet, and this will definitely be a concern. At the moment, we are not endorsing this trading school until further notice. Don’t be afraid to add something to this review if you are a student and have received value out of the money you spent on this trading school.