2nd Skies Forex Guide, Covering Meaning, Use Cases, Evaluation, and Risks
A comprehensive look at 2nd Skies Forex—what it is, how its price-action trading approach works,
where it fits in a trader’s toolkit, and the critical risks every user should weigh before
committing time or capital.
📚 What Is 2nd Skies Forex?
2nd Skies Forex is a trading-education platform founded in 2007 by Chris Capre,
a former Wall Street broker and hedge-fund trader[reference:0][reference:1].
The brand operates primarily through 2ndskiestrading.com
and is known for its focus on price action trading, institutional order flow,
and trader psychology[reference:2].
According to its public profile, 2nd Skies Forex teaches students to read market structure through
what it calls the “PFP” framework—Positioning, Flows, and Price Action—
rather than relying on lagging indicators[reference:3]. The curriculum covers spot FX, stocks, options,
and futures, with an emphasis on day trading, swing trading, and positional trading[reference:4].
ⓘ Source context: The BIS Triennial Central Bank Survey reported that global
OTC foreign-exchange turnover reached $9.6 trillion per day in April 2025, up 28%
from 2022[reference:5]. This underscores the scale of the market in which 2nd Skies strategies are
designed to operate. Always verify current market data with the Bank for International Settlements.
⚙ How 2nd Skies Forex Works
The educational model of 2nd Skies Forex is built around three core pillars:
1. Price Action & Order Flow
Students learn to read raw price movement—candlestick patterns, support/resistance,
false breaks, and role-reversal levels—without relying on indicators[reference:6].
The approach emphasises understanding why price moves, not just how it moves.
2. Institutional Positioning
The PFP framework teaches traders to consider where large institutional players are positioned.
This includes options flow and order-flow analysis, aiming to align retail trades with
“smart money” rather than against it[reference:7].
3. Trading Psychology & Risk Management
Courses incorporate neuroscience-based mindset training, meditation techniques, and
structured risk-of-ruin analysis[reference:8]. The goal is to build discipline, reduce emotional
trading, and develop consistent habits[reference:9].
4. Mentoring & Community
Beyond self-paced video lessons, 2nd Skies offers group mentoring (8-week diagnostic/repair
programs) and private one-on-one mentoring[reference:10][reference:11]. These include live
webinars, trade-data analysis, and cohort-based accountability.
The flagship offering is the Trading Masterclass (TTM), described as a
“complete trading course” covering price action, order flow, and mindset[reference:12].
Supplementary materials include free blog articles, trading videos, and market commentary[reference:13].
📈 Practical Use Cases
2nd Skies Forex materials are used in several real-world scenarios:
Self-directed retail traders seeking a structured price-action methodology
without the clutter of traditional indicators.
Swing and position traders who hold positions for days or weeks and need
frameworks for identifying trend continuations and reversals[reference:14].
Day traders looking for intraday setups based on false breaks, breakout-pullbacks,
and role-reversal levels[reference:15].
Traders transitioning from discretionary to rules-based systems, using the
course’s diagnostic tools to identify performance leaks[reference:16].
Investors in other asset classes—the methods are also applied to stocks,
options, and futures, not only forex[reference:17].
📌 Example scenario: A swing trader notices a currency pair consolidating
near a major resistance level. Using the 2nd Skies false-break strategy, they wait for price to
briefly break above resistance, then reverse back inside the range—entering a short position
with a stop-loss just above the false high and a take-profit at the next support level[reference:18].
This approach is taught through video lessons and live trade walkthroughs.
Users often pair the educational content with a live broker account, though the courses themselves
are educational and do not execute trades on behalf of students.
🔎 Evaluation & Decision Criteria
Before committing to any 2nd Skies Forex product, prospective users should evaluate several
dimensions. The table below summarises key criteria:
Criteria
What to Check
Why It Matters
Instructor Credentials
Chris Capre’s trading history, regulatory background, and public track record
Verifies real-world experience; however, past performance does not guarantee future results[reference:19]
User Reviews
Trustpilot (4.8/5), Forex Peace Army (4.75/5), Scamadviser (high trust score)[reference:20][reference:21][reference:22]
Mixed feedback exists—some praise the material, others report significant losses[reference:23]
Cost & Value
Course pricing, group mentoring ($750), private mentoring (~$6,500)[reference:24]
Higher cost does not equate to higher probability of trading success
Refund Policy
Current terms on the official website; policies may change
Protects against buyer’s remorse if the material does not meet expectations
Broker Integration
2nd Skies does not operate a broker; students choose their own
Always verify that your broker is CFTC-registered and check disciplinary history via NFA BASIC[reference:25]
ⓘ Due diligence reminder: The CFTC advises investors to thoroughly research
any forex dealer before depositing funds, including verifying registration and checking
disciplinary history[reference:26]. For educational providers like 2nd Skies, similar diligence
applies—check public records, read both positive and negative reviews, and never invest
money you cannot afford to lose[reference:27].
📊 Comparison: 2nd Skies vs. Other Forex Education Approaches
The following table contrasts 2nd Skies Forex with other common educational models.
Aspect
2nd Skies Forex
Indicator-Based Courses
Signal-Provider Services
Core Methodology
Price action, order flow, positioning
Moving averages, RSI, MACD, etc.
Buy/sell alerts from third parties
Learning Style
Self-paced video + live mentoring
Often pre-recorded, less interactive
Passive following of signals
Psychology Component
Strong (neuroscience, meditation, mindset)
Usually minimal or absent
None
Cost Range
$399–$6,500+
$100–$1,000
Monthly subscription ($50–$500+)
Risk of Strategy Failure
Strategies may underperform in certain market conditions[reference:28]
Indicators lag; prone to whipsaws
No guarantee; often unregulated
No single approach is universally superior. The choice depends on your learning preferences,
time commitment, and risk tolerance.
✅ Practical Checklist Before Using 2nd Skies Forex
Research the founder—review Chris Capre’s public interviews, articles, and any regulatory disclosures.
Read multiple reviews—check Trustpilot, Forex Peace Army, and other independent forums[reference:29].
Verify broker registration—if you plan to trade live, ensure your broker is registered with the CFTC and NFA[reference:30].
Understand the refund policy—read the terms carefully before purchasing any course or mentoring package.
Start with free resources—explore the blog and YouTube content before paying for premium material[reference:31].
Paper-trade first—test any strategy in a demo account for at least 2–3 months before risking real capital.
Assess your risk capital—only trade with money you can afford to lose entirely[reference:32].
Set realistic expectations—recognise that consistent profitability is rare; the CFTC notes that about two out of three retail forex traders lose money each quarter[reference:33].
⚠ Common Misconceptions
⚠ Frequent misunderstandings about 2nd Skies Forex
“The course guarantees profitability.” No educational course can guarantee trading profits. Market conditions change, and strategies that work in one environment may fail in another[reference:34].
“Price action works in all markets at all times.” Even robust price-action frameworks can experience prolonged drawdown periods. Backtests show that some strategies may produce flat or negative returns for years[reference:35].
“Mentoring ensures success.” Mentoring provides accountability and feedback, but success ultimately depends on the trader’s execution, discipline, and risk management.
“2nd Skies is a broker.” 2nd Skies is an educational provider, not a broker. It does not hold client funds or execute trades[reference:36].
“All reviews are positive.” While the platform has many positive reviews, some users report significant financial losses and dissatisfaction[reference:37][reference:38].
⚠ Risk Controls & Warnings
⚠ CRITICAL RISK WARNING
High probability of loss: The CFTC warns that two out of three retail forex traders lose money each quarter[reference:39]. Do not trade with funds you cannot afford to lose.
No guaranteed returns: Past performance of any strategy—including those taught by 2nd Skies—does not guarantee future results[reference:40].
Strategy decay: Market regimes change. A strategy that works in a trending market may fail in a range-bound or low-volatility environment[reference:41].
Leverage amplifies losses: Forex trading typically involves high leverage, which can magnify losses as well as gains. The CFTC limits leverage for major currency pairs to 2% margin (50:1) for regulated dealers[reference:42].
Unregulated actors: Be cautious of any entity that solicits you on social media, accepts only crypto payments, or lacks a verifiable physical address[reference:43].
Withdrawal difficulties: Some user reports describe being unable to withdraw funds after depositing with unregulated brokers[reference:44]. Always use CFTC-registered dealers.
Risk-control measures that traders can implement include:
Using stop-loss orders on every trade.
Risking no more than 1–2% of account capital per trade[reference:48].
Keeping a trading journal to review performance objectively.
Avoiding revenge trading after losses.
Periodically reviewing and adjusting strategies based on market conditions.
This content is for educational purposes only and does not constitute financial, legal, or tax advice.
Always consult a qualified professional for personalised guidance.
❓ Frequently Asked Questions
Q: What is 2nd Skies Forex?
2nd Skies Forex is a trading education platform founded in 2007 by Chris Capre, focusing on price action, institutional positioning, and order flow trading strategies for forex and other asset classes[reference:49].
Q: Who is behind 2nd Skies Forex?
2nd Skies Forex was founded by Chris Capre, a former Wall Street broker and hedge fund trader with over two decades of trading experience[reference:50].
Q: What does 2nd Skies Forex teach?
2nd Skies teaches price action trading, order flow analysis, institutional positioning, trading psychology, and risk management through courses like the Trading Masterclass (TTM) and group mentoring programs[reference:51][reference:52].
Q: Is 2nd Skies Forex a scam?
2nd Skies Forex receives mixed reviews. Scamadviser rates it as likely legitimate[reference:53], while some user reports on Forex Peace Army and Trustpilot describe significant financial losses[reference:54]. Always verify credentials and practice rigorous due diligence.
Q: What are the main risks of using 2nd Skies Forex courses?
Risks include potential financial loss from live trading, strategies that may not work in all market conditions[reference:55], no guarantee of profitability, and the general risk that most retail forex traders lose money[reference:56].
Q: How do I evaluate 2nd Skies Forex before buying?
Research the instructor’s background, check user reviews across multiple platforms, verify CFTC/NFA registration status of any associated brokers, review refund policies, and test the material through free resources before committing[reference:57].
Q: Does 2nd Skies Forex offer a money-back guarantee?
Users should check the current terms on the official 2nd Skies website, as policies may change. Independent review platforms sometimes mention refund experiences, but terms are subject to change.
Q: Can I make a living trading forex with 2nd Skies strategies?
The CFTC warns that two out of three retail forex traders lose money each quarter[reference:58]. No strategy or course—including 2nd Skies—can guarantee consistent profitability, and claims of “trading for a living” should be treated with extreme caution[reference:59].