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psudan
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Personal Information
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First Name
TradersLaboratory.com
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Last Name
User
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City
Cape Town
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Country
South Africa
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Gender
Male
Trading Information
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Vendor
No
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psudan started following Market Profile Trading Room?, Cisco-futures SC2 Course or Alexander Trading and Channel-Trading.com
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Hi, I have been trading MP and AMT for a year and although I have basic knowledge acquired through JD's books MOM &MIP, webinars and hours of screening. I would like to build a strong foundation in order to fully understand the business and develop my own setup ( no prior trading experience, went straight to MP) and Cisco-futures SC2 course seems a good place to do so. I like: The structured course over 8 months, exercise, follow up, etc... Don Jones was there right at the start Price I don't like Use of their tools, I am use to MarketDelta don't really want to change! The overall feeling that everything is out dated, website, tools, probably the course support which I have not seen, not talking so much about the content but the way it is presented. Not very appealing. No use of Foot Print At the moment the CONS are taking over the PROS and I am looking for recent, honest review/feedback. As an alternative I have been looking at Alexander Trading, in this case the concept is the usual DVD,video courses and live trading room. Here as well the recent reviews are basically none existent. I would love to hear from you, if you have any recent experience with any of the above 2. Thanks, Phil
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Hi Grande, I still follow Huddy from time to time but after a while I realised that spending all day in front of a screen is not my idea of fun. Nothing wrong with Huddy's method and tradingroom. It has been a month that I am running some automated strategies (Strategy Runner) and only need few minutes per day to check that everything is OK and P/L for the previous day. Profit may not be as good, you leave quiet a bit on the table and obviously it cost a more. But that's fine with me, I guess it is the price for more freedom!
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Emini Junkie Channel-Trading
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Hi Marker, After 3 days with Reza, it is not easy to make a thorough decision. Day 2 (Wednesday) was really bad, you could feel/hear Reza loosing it a bit, taking trade after trade in order to recover previous loss and ended the day with -7.5pts/C, ended the week with +2.5pts/C. He keeps going on about the economy/president and how the world is going down the drain. It is purely MP and looking for major/resistance support, very knowledgeable he is domain. I also had few issues with the communication software he uses: cuts, bad audio and so on, while Huddy's GoToMeeting was perfect. I have now joined Huddy's room permanently, I believe he will cover my need better. I am a real newbie tradder and need more a mentor and somebody to help me go up the ladder. I hope/think he is the right person for that. Certainly like he is way to get safe really quickly. He might miss some but at least you are safe, on Wednesday we stayed in for a 10 pts runner which was nice. So will see in few months time if my choice was right. Cheers,
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It is still early since only one day, did about 2-3 trades. He only use MP on IRT, he has another indicator based on 100 ticks but don't know what it is, will ask and also a small candle chart. But it is mainly MP. Yesterday he said to it would be an UP day and bought the open,no stop to start, got out after 2.5 pts but he said we should have stay in the trade since during C period it often takes the high or low of the B period, if we would we would have made more then 10pts. He uses MKT orders! Other stops were 2pts and 1 pts, he is very quick to get out if he does not like it, move in his direction. Did not like the way market behave yesterday. Will decide at the end of the week but for the moment I prefer Huddy!
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Marker, I do agree with you, have been in the room for 3 days now and I like the way he trades and tries to get safe as quickly as possible. Sometimes he get stop out early and then the trade develops so an extra 2-3 ticks stop would have been better and kept him in the trade, but you can say that for many trade and end-up losing few points. I am also following at the same time Reza ProfileTraders, first day yesterday, for the moment mixed feeling. I like the way that he challenges the room with his questions and you can really feel that he wants you to learn and be able to trade on your own! Also like the fact that he shows the execution of the orders! Reza trial period is only 3 days so will see, maybe a bit short to really have a good idea. Keep us posted!
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Laguna, I second that and would like to know more about your experience with Reza at Profile Traders? Thks