simon jousef's GTR trading room | Trading Reviews and Vendors


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simon jousef's GTR trading room

  #54 (permalink)

Elite Member
London
 
Futures Experience: Advanced
Platform: cqg integrated,ninjatrade
Favorite Futures: Futures and forex
 
Posts: 31 since Apr 2015
Thanks: 6 given, 32 received

Analyzing charts and calling out area's isn't very difficult after spending many day's, months, years in front of your screens.
I believe most people could get a good idea of where the markets are going just by using basic support and resistance lines and plenty of time spent studying charts.

But, the very very difficult bit is profiting from the area's that you 'Think' the market might react to.
Most times my area's get hit and I could give you area's where the CL, 6E get hit all day long but that wont make me money unless I have a solid plan, money management and a sound mind for trading.

I know great analysts that cant make money and great traders that are not fantastic analysts but know how to make money.

Hope this helps and good luck.


Greg4hvn View Post
I understand what you are saying, but they are making some good calls, somehow their system seems to work pretty well for them, even if I don't understand why their system works, which I agree with you, the price magnets don't make sense to me either. I was able to follow some of the trades today, but some calls are too fast to catch. I don't believe front running is really how they are succeeding, it would seem you need more than that to really move the markets, but I am not an expert on this. They are the most consistent trading room I have seen that uses market profile, I wish I could find a cheaper and more understandable alternative, have not found that yet. Maybe someone has a better suggestion?


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