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Is School of Trade legitimate? (www.schooloftrade.com)

  #11 (permalink)

USA
 
Trading Experience: Intermediate
Platform: Infinity
Broker/Data: Infinity
Favorite Futures: ES, Euro
 
tickvix's Avatar
 
Posts: 232 since Feb 2010
Thanks: 137 given, 155 received

The only point I wish to make is I do not care if I see bad information on the web about trading room. Trading is about people and our way to see market.
What I care about is how room is operated, can moderator follow rules, can I can see what he/she is trading and how and where they are going into and out of the trade. The most important to me is how much risk they would take on any trade and if I can take the same risk with my account size. If my account is not big enough to trade the same set ups, or take the same risk I would not continue with the room.
I took 30 days of free time in the room. I traded just about every trade moderator took in the room and I could not make it work for me.
I think moderator was doing OK job in educationg people in the room but I do not think he could follow his own rules and I did not like it.
After my 30 days I was offered very high one time price that I did not feel I could recover any time soon.

I would recomnd to you to review some posts at BMF I think was written by Jaguar. He made some great points about how to evaluate room/sIn fact I used points from his post to evaluate SOT room.
I hope this would help

TickVix/Gregory
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