Jim Brown of JAGfx
James Brown of JAGfx is certainly an interesting character in the Forex trading world. His whole advertising scheme is centered on selling novels on Amazon.
These trading novels are really bad. Little over pamphlets. However, Jim Brown is a good guy. And an honest individual.
TradingSchools.club audited his trading functionality and found it fairly laughable, but entirely fair.
Jim Brown is an excellent illustration of how to run an ethical and honest business, and earn a nice living in the trading educational niche. A function model and working template for those that promote trading services and products to the general public.
Thanks for reading today’s review of JAGfx
JAGfx is a Forex trading educational business owned and operated by Jim Brown.
Refreshingly, JAGfx doesn’t have’traditional’ educational classes, mentorships, index bundles, advisory services, or any other’magical’ trading solutions.
The business is quite simple. Jim Brown of JAGfx is selling inexpensive investment books on Amazon. The JAGfx website runs in conjunction with the Amazon author store located on the Amazon bookstore page.
Jim Brown, of JAGfx is selling the following books on Amazon:
All of Jim’s books are reasonably priced and ranges from $9.99 for Kindle versions to $23.99 for paperback versions.
What makes Jim Brown’s advertising strategy interesting is that he relies solely on the marketing campaigns of Amazon. For those of you reading this, and you also sell these kinds of products and services–JAGfx is a superb template about how to sell a fundamental product (publication ) then push this traffic to a page or Facebook marketing webpage.
How many books does Jim Brown sell on the Amazon platform? To answer this question, TradingSchools.club utilized two distinct estimating services. The first estimating service is named AMZ Scout and they estimate that Jim Brown is currently selling an average of 562 books each month. They also estimate the total gross sales at about $11k monthly.
The second estimating service was actually recommended by world champion trader, Mr. Kevin Davey, whom also sells a very popular book on Amazon. The name of the company is TCK Publishing, and they estimate a monthly sales volume of 259 JAGfx/James Brown books sold on Amazon.
Since I know for a fact that Kevin is a lot smarter than myself, I will go with TCK @ 259 monthly units. This should put the estimated gross monthly sales at about $5k per month.
Are the JAGfx books any good?
Jim Brown is not a prolific writer. In fact, each book is little more than a pamphlet. The shortest book is 40 pages and the longest is about 60 pages. Much of the content is a chart, with a MACD indicator.
The books are easy to read. Too easy. In fact, everything within these books is tailored to the extreme neophyte. No, you will not find any cutting edge information here. There are no clearly defined trading systems with accompanying statistics.
I would describe these books as ‘LOOK AT THE CHART WITH THE MACD INDICATOR!!! IT WORKS!!!’
As many of the TradingSchools.club readers are probably already too aware…simply staring at a chart with an indicator is a fools’ errand. The human mind is uniquely wired to believe that it is seeing something that isn’t really real. The fancy term is Patternicity.
The term I like to use is ‘Jesus Toaster.’ Where you think you are seeing the face of Jesus in your toast. But it isn’t really the face of Jesus. Or is it?
In my opinion, the real ‘magic’ of these books is that James is very folksy and non-threatening. The books convey the personality of a person that rescues abandoned kittens or has a pet rabbit. Jim looks like the guy that drives an ice cream truck or the Uncle that never forgets to send you a birthday card. And always includes a five dollar bill.
Jim Brown Actual Trading Performance
On the Amazon website as well as the JAGfx website, Jim Brown proclaims to the audience that “I am a full-time Forex Trader.”
When I read this, I assume that James is earning a full-time income from his Forex Trading. I am sure that most readers also assume the same. However, TradingSchools.club is painfully aware that people lie. And they lie a lot. Especially when they are selling something.
During the month of April 2018, we reached out to Jim Brown in hopes of securing a review. In our email, we explained that the very core of the review is verifying performance metrics of the trading vendor.
Jim responded with a very cordial email. As a matter of fact, he sent a spreadsheet of all of his supposed trades. He uses a spreadsheet as part of his marketing and sales scheme. When persons look at the spreadsheet, they will be tempted into purchasing the comparatively inexpensive book. You can access the marketing spreadsheet by following this link.
As you can see, there are thousands of trades listed. And Jim also keeps a detailed balance and result for each of his trades. In total, it would appear that Jim has made about $2k in profits for his entire trading career.
I am not kidding you. About $2k.
If you are like me, you are probably laughing right about now. This guy has earned about $2k in total profits for his entire trading career.
I always verify trading performance with copies of actual brokerage statements. And so, I really wondered if I should even verify the stated performance. Who really needs to see $2k? But still, I pressed forward.
Jim responded, “Well, I don’t really have a live account. But nobody really seems to mind.”
If I could give Jim Brown 6 stars for Honesty…I would! His honesty was both humorous, goofy, and totally unexpected.
About Jim Brown
Obviously, Jim Brown is an interesting character in the trading world. And so I pressed further and asked a few more questions.
It turns out that Jim is a retired police officer from Australia and sort of stumbled upon Forex trading. He needed to earn some extra money. Just like you and me, he was marched through the promotional conga line of so-called guru’s selling magical trading methods, mentorships, and all manner of trading snake oil.
Jim was living on a small pension and decided that if he really wanted to be a full-time trader, he needed to move someplace cheap. And so James moved to Danang Vietnam. A place where you can live like a king on $1k per month.
Poor Jim quickly discovered that earning a full-time income trading Forex is easier said than done. And so he had to think quick. How could he supplement his small pension? Why not whip up a book and sell it on Amazon? And so he did.
James published his first book in October 2015. And to his complete and total surprise, he has now sold thousands of copies of his original trading pamphlet (oops I mean book).
Wrapping things up
I have to give Jim Brown a lot of credit. The guy is honest. And he has built this corny trading business by being brutally honest. Sure, his trading sucks. And his books are worse. But the guy is making $5k each month selling these super-simple trading books.
James explains, “I am a full-time Forex trader.” But he never said he is earning a full-time income from his Forex trading. Instead, James has carved out his own little niche in the trading world. By selling his corny books.
Good for him.
Thanks for reading. And don’t forget to comment.