Quote from TradePilotPro1:
Quote from Affecto:
Thanks Fast_Trader for sharing
It seems that www.tradepilotpro.com website is not working! Do you know any thing about them, or they went bankrupt?
http://www.eminiaddict.com does seems to be a nice guy, but he said in his website:
Iâd like to remind you that the purpose of this trading room is education. This is not an alert or trade signal service. I will not be making any trade recommendations during the course of the day. What I will do is conduct real time technical analysis on the Emini futures to help identify key areas. I will also help put together a profitable trading plan throughout the day.
Still dont know about http://www.coiledmarkets.com AustinP although he seems to use a kind of indicators (you know how those indicators things works!!) Does any one have real life experiance about him to share?
Thanks for all of you guys for keeping it simple and clean
First and foremost TradePilot did not go under .......LOL
I Have had a really hard time with my current WEB COMPANY
BIZATOMIC .......... STAY AWAY FROM THEM
Talk about stealing money they are the experts !
I have hired a consultant to work with us to rebuild our entire site
so that we can have videos for traders to watch regarding our setups and indicators to better understand them, as well as many other features for traders
I will give my advise on trading rooms in general.....if I may
If you are looking to get spoon-fed trades you will LOOSE!!!!
now letâs ask why?
In my experience you cannot take a trade if you have no idea why you are getting in to the trade in the first place
If you have no idea why you are in, then when do you get out?
exits are what you get paid with not entry's
Now letâs say your capital to trade with is lower than the trader running the room, can you truly follow him ?
can you trade with confidence ? can you handle the drawdownâs
if he calls out a bad trade?
We all trade with different size and risk levels so trying to
( QUOTE) "FOLLOW" a trader in a room is very difficult !
So why does TradePilotPro have a room ?
We take a different approach to trading, at least we try to
and I really mean we try very hard, no secrets, no lies, no bull
we show what we are looking at, where the entry ZONE is and
where the market is likely to run to.
We Educate traders on what to look for, times of day to trade
why price is moving in the first place and what makes it move
we give targets of the market every day both static and dynamic
levels.
My point is if we educate you on what to look for and you see it play out time and again you will have confidence in yourself and know why you are entering and why you are getting out as well
as being able to see us taking the same trade and being able to ask questions about the trade itself, while it is playing out in real time.
There is a saying I use allot in our room
When you know, and you know you know, confidence replaces fear!
If you are serious about trading you will understand it takes hard work and long hours of training to really understand the markets,
I feel most people get into trading for the wrong reasons, it has to be a passion and you must treat it like a business not a hobby
and if you treat it like a business you must know how to run a business !
If any of you ever read Jessie Livermoreâs book do you remember what he said he did when he LOST BIG
Hint! it involved other traders
So I hope this helps, trading can be easy however you will first
have to understand what makes price move and always and I do mean always ( Know your levels ) you could be selling into a concrete foundation or buying into a brick ceiling.
I have always been sincere here at ET and hope you will be as well, I like to keep the riffraff to a minimum, if you have a question I will be happy to answer it, as long as it is about trading
I did keep a thread going some time ago you can go and look it up
see if it may be helpful, however I got very busy with trying to work with BIZATOMIC on my web site that was a waste of time
then went to another web company and after 6 weeks they said they could not do what I needed GRRRRRRRRR
So we hopefully will finally have it in about 10 days or so! yeaaaaa
We do send out twitters all day, I did get a few warnings here
from the moderators to cool it ,,,,,,,, so I did
Take care all,
Joe Baker
Remember:
The journey of a million miles always begins with the first step
I ain't getting a kickback and I an no shill. Joe and Dave are one of the few I recommend. A few too many indicators for me, but quality content above most.
Which real live future trading room I should choose?
- Thread starter Affecto
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David Halsey at www.eminiaddict.com is the best trading education site I have found anywhere, by far. No bs, no crappy indicators, nothing to sell you.
He trades primarily off fibs, pivots, support and resistance, gap fills, strictly the simple stuff that works.
He provides pure technical analysis and educational content, no BS trade calls that work/don't work. He TEACHES you how to trade on your own so you are not stuck following some loser's calls.
He provides constant real live market analysis before the open, during the entire trading day, and a recap after the close of the setups that worked and failed.
For all this, he charges only $29.99 a month, his service is worth easily 10 TIMES that. There is a 7 day trial and you can join the room for free for your first week, and SEE that the trade setups really work. I have been a member there for the past 9 months and can highly recommend it. I am not affiliated in any other way, and do not benefit or get any kickbacks from new members. You can find me there under the name n00btrader, along with hundreds of other real traders who participate in the trading room and chat everyday.
-n00btrader
He trades primarily off fibs, pivots, support and resistance, gap fills, strictly the simple stuff that works.
He provides pure technical analysis and educational content, no BS trade calls that work/don't work. He TEACHES you how to trade on your own so you are not stuck following some loser's calls.
He provides constant real live market analysis before the open, during the entire trading day, and a recap after the close of the setups that worked and failed.
For all this, he charges only $29.99 a month, his service is worth easily 10 TIMES that. There is a 7 day trial and you can join the room for free for your first week, and SEE that the trade setups really work. I have been a member there for the past 9 months and can highly recommend it. I am not affiliated in any other way, and do not benefit or get any kickbacks from new members. You can find me there under the name n00btrader, along with hundreds of other real traders who participate in the trading room and chat everyday.
-n00btrader
For $30 a month, highly doubt this is anything other than spam
My trading has improved immeasurably, going from having no idea on what I was really doing in the markets, to having a proper trading plan, excellent rules, understanding risk/reward, market internals, breadth, the trend, price action, etc, everything you need to know to be successful. I have learned more here than I have ever learned from anywhere else, by far.
You can "highly doubt" it all you want without even taking a look, anyone who assumes so is losing out. He periodically uploads his market analysis videos on youtube, here is one from a couple weeks ago: http://www.youtube.com/watch?v=xO4HTnN6c8M
You can see him describe a swing trade long entry on the ES at 1014.50 on 9/01/09 with a target of 1050.25, which was hit on 9/15/09 for a gain of 35 ES points. You can see him describe similar setups such as this all day long, which regularly work out and hit their targets.
The other rooms charge expensive rates and make more income from selling subscriptions than actually trading, this one is different. He doesn't care about the money from subscriptions, or he could easily raise the price and rake in 10x more, I would pay it.
He teaches to give back, and benefit himself as well, as you can learn from yourself and others while you teach and improve your own trading. To anyone interested in improving their trading, I HIGHLY recommend they try it. It's FREE to watch/listen/participate for a week, you have nothing to lose.
that little part, not true at all. if he didnt care, price would be zero. if he raises to $100, many who see value as $29 right now would quit
Perhaps you are right on loss of some subscriptions due to higher price, but it would be their loss, as the quality education is truly worth much more than that. To me and most other subscribers, I would pay as much as I could afford to continue learning at this level, and honestly, that would be much more than $100. If you even make ONE good trade a month, the service has paid for itself and then some, many times over.
How much are people willing to pay for a quality education at good schools? If you can afford it, and understand the level of quality you are getting, this is no different. To those who understand it, they would pay more, and the current price is a GIFT.
To counter your point, there are direct benefits to the quality of the site in charging a small membership fee over making it free. Considering your username, ironically, you may understand this point well. Doing this keeps away the flood of "low quality" participants, trolls, haters, idiots, losers with too much time on their hands, random racists, spam, etc.
After the site became popular this was a common problem, and making it paid subscription only fixed it. The fee is negligible for traders, yet enough to keep trolls out. I don't think he cares for amount of the fee, but honestly it doesn't matter, the point is the education you receive here is priceless, yet in this rare case, everyone has the opportunity to gain access to it.
I do agree with what you said that being in a live trading room is not the path to success for most people. The problem is that even if you find a good one, what happens if something happens to the moderator? Or he just decides (like I did) he isn't going to do it anymore? If your "system" is just to follow his trades, well, your pretty much screwed.
That all said, the best off the floor day traders I know average something between $500K and $2million per year. Now, maybe I'm just not hanging out with enough of them anymore, but I can name about 9 of those off the top of my head right now.
The most profitable trading website guys I personally know are banging down 9 figures +, I can name 6 of those, and I can name dozens making over $500K. I know one guy with a trading service who made nearly $200million last year with it, not very many big time hedge fund managers even come close to making that. So, the argument that if your edge is so good you would never sell it does not hold water.
That all said, the best off the floor day traders I know average something between $500K and $2million per year. Now, maybe I'm just not hanging out with enough of them anymore, but I can name about 9 of those off the top of my head right now.
The most profitable trading website guys I personally know are banging down 9 figures +, I can name 6 of those, and I can name dozens making over $500K. I know one guy with a trading service who made nearly $200million last year with it, not very many big time hedge fund managers even come close to making that. So, the argument that if your edge is so good you would never sell it does not hold water.
To add an important point in order to not disappoint those looking to be spoon fed, YOU WILL NOT get trade calls from www.eminiaddict.com . He will not call out his entry/exit before he takes it.
It is an education site only, he TEACHES you how to do that on your own. Which in my opinion, is MUCH more valuable than a trade call service.
Depending and relying on someone else to make you profit and putting your money at risk based on their opinion, is stupid. The whole âGive a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetimeâ makes a lot of sense to me. But, to each their own.
It is an education site only, he TEACHES you how to do that on your own. Which in my opinion, is MUCH more valuable than a trade call service.
Depending and relying on someone else to make you profit and putting your money at risk based on their opinion, is stupid. The whole âGive a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetimeâ makes a lot of sense to me. But, to each their own.
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