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www.leadingedgetrading.com trading review
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www.leadingedgetrading.com trading review

  #51 (permalink)
Elite Member
Long Island, New York, USA
 
Futures Experience: Advanced
Platform: Sierra Chart, NinJaTrader, MT4
Broker/Data: Interactive Brokers, DTN IQFeed
Favorite Futures: Futures, equity and index options, forex
 
Posts: 5 since Aug 2010
Thanks: 1 given, 3 received

If you enjoy geting pumelled...

As an update to this thread, for anyone interested, I just sat through 3 [free trial room] days of this HT's insults, arrogance and general holier than thou attitude. I wouldn't mind it if it seemed like he was actually capable of helping me make money.
His "calls" are on the order of.. "1629.50/.25 is pullback level, but it may make it down to 1623/.25." Now when he reviews his calls later on and the next morning, even though there was no way to know which of those levels we should be rebuying at, he always chooses the one that got tapped as the one he called and thus made money on.
If you should have the temerity to ask a question in the room when something he says might be unclear to you, be prepared for a barrage of insults and a tirade on how you are a no-nothing retail trader and never actually get an answer to your question, since that would make him need to "stick" to that later on when he reviews things.
My advice, take the free trial room if you want to, but I cannot see any way a person could make any money with his non-call calls.
Just MHO of course, but Caveat Emptor.

Ken

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  #52 (permalink)
Elite Member
Augusta, GA
 
Futures Experience: Advanced
Platform: NT
Favorite Futures: ES, TF
 
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Leadingedge

I thought they were getting a new moderator for the regular chat room to interpret HT's calls. Was he not in there during your trial?

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  #53 (permalink)
Elite Member
Long Island, New York, USA
 
Futures Experience: Advanced
Platform: Sierra Chart, NinJaTrader, MT4
Broker/Data: Interactive Brokers, DTN IQFeed
Favorite Futures: Futures, equity and index options, forex
 
Posts: 5 since Aug 2010
Thanks: 1 given, 3 received

LeadingEdge



booker777 View Post
I thought they were getting a new moderator for the regular chat room to interpret HT's calls. Was he not in there during your trial?

Moderator B was in the room with us, and the extent of his involvement was to correct typos that HT had made.

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  #54 (permalink)
Elite Member
Augusta, GA
 
Futures Experience: Advanced
Platform: NT
Favorite Futures: ES, TF
 
Posts: 91 since Feb 2011
Thanks: 33 given, 20 received

Leadingedge

lol, ok tks for the update. I think I found his identity. Hes had a previous site before but I guess I will respect his right to privacy although he didnt respect mine. He blared my name out in the chat room during his weekly Q&A session one time. There is a reason we sign up with nicknames in the room.

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  #55 (permalink)
Elite Member
Magog, Québec, Canada
 
Futures Experience: Intermediate
Platform: Ninja, Meta Trader 4
Favorite Futures: ES,CL,6E
 
Posts: 6 since May 2013
Thanks: 0 given, 3 received

Is it thev real deal?

I took the free trial and based on what I have seen I bought the silver room. I don't care about the HT's behaviors if he can bring an edge to my trading and help me to make money.

It is a very different type of approach with the objective to be in sync with the market. At the beginning of the day he sets levels to watch as possible targets, breakouts and breakdowns and scenarios. What kind of day we can expect trending of range bound. And depending of how the market behave you have to be ready to change your mind to adjust to the current conditions. All day long HT is posting, when he judges relevant, what you should anticipate as the market direction and strength.

How he does that? I don't know and this is not important at this stage. The focus is does it works and How can i use his posts in my trading.

Some of the participants in the trading room are in awe with his calls. He doesn't accept other's comments on the market pretending that can be confusing and misleading. He doesn't rely on indicators and technical analysis because of the lag you are always too late in your trades.

Is it the real deal? I don't know but I have been impressed enough to give it a try with an open mind. After a month or 2, I think I will have my answer.

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  #56 (permalink)
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Leadingedge

Good. If you would post your experience here. At the end of the day I think his behavior is secondary as well and I am willing to give them the benefit of the doubt. I just haven't been able to find anyone who has confirmed that they are making money with his approach. There have been a couple on here supporting him early in their experiences with him but have not come back to update us later. Every other testimony I see is negative. IF you would let us know your progress, it would be much appreciated.

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  #57 (permalink)
Elite Member
Magog, Québec, Canada
 
Futures Experience: Intermediate
Platform: Ninja, Meta Trader 4
Favorite Futures: ES,CL,6E
 
Posts: 6 since May 2013
Thanks: 0 given, 3 received


booker777 View Post
Good. If you would post your experience here. At the end of the day I think his behavior is secondary as well and I am willing to give them the benefit of the doubt. I just haven't been able to find anyone who has confirmed that they are making money with his approach. There have been a couple on here supporting him early in their experiences with him but have not come back to update us later. Every other testimony I see is negative. IF you would let us know your progress, it would be much appreciated.

It is my intention to share my experience. It is sad that early supporters did not comment later on. This thing said, in general, peoples are more inclined to report when they are not satisfied and any method has to fit your trader's personnality. I'm still working to find the best fit and I'm attracted by the capacity to see the market as it is because I believe that it is risquier to try to predict.

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  #58 (permalink)
Elite Member
Long Island, New York, USA
 
Futures Experience: Advanced
Platform: Sierra Chart, NinJaTrader, MT4
Broker/Data: Interactive Brokers, DTN IQFeed
Favorite Futures: Futures, equity and index options, forex
 
Posts: 5 since Aug 2010
Thanks: 1 given, 3 received

Just wondering

I am glad that you seem to have found value in HT's room. As I mentioned, his "calls", at least for me, were difficult at best to feel that I understood what he was attempting to tell us. The if, could, maybe levels he puts out, although in reality probably the best anyone could truly hope for since the market does what the market does, did not seem to allow me to find any level of an "edge" in figuring out what the market could give me.

One more specific question for you though. You state in your review that he does not use any technical analysis or indicators to do whatever it is that he does. How do you know that to be the case? Simply because he says so? Being a text only chat room, he never shares his charts, and simply states over and over again that he somehow deciphers what is happening through other means. Again, how do you know that to be the case?

Good luck in the Silver Room, and you are correct in stating that if it works that is all that matters, until HT either gets on a bus, gets hit by a bus, or the Feds put him out of business. [Not that I am claiming I have any knowledge of wrongdoing on his part].

Best,

ken



entregens View Post
I took the free trial and based on what I have seen I bought the silver room. I don't care about the HT's behaviors if he can bring an edge to my trading and help me to make money.

It is a very different type of approach with the objective to be in sync with the market. At the beginning of the day he sets levels to watch as possible targets, breakouts and breakdowns and scenarios. What kind of day we can expect trending of range bound. And depending of how the market behave you have to be ready to change your mind to adjust to the current conditions. All day long HT is posting, when he judges relevant, what you should anticipate as the market direction and strength.

How he does that? I don't know and this is not important at this stage. The focus is does it works and How can i use his posts in my trading.

Some of the participants in the trading room are in awe with his calls. He doesn't accept other's comments on the market pretending that can be confusing and misleading. He doesn't rely on indicators and technical analysis because of the lag you are always too late in your trades.

Is it the real deal? I don't know but I have been impressed enough to give it a try with an open mind. After a month or 2, I think I will have my answer.


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  #59 (permalink)
Elite Member
Magog, Québec, Canada
 
Futures Experience: Intermediate
Platform: Ninja, Meta Trader 4
Favorite Futures: ES,CL,6E
 
Posts: 6 since May 2013
Thanks: 0 given, 3 received


kginsberg View Post
I am glad that you seem to have found value in HT's room. As I mentioned, his "calls", at least for me, were difficult at best to feel that I understood what he was attempting to tell us. The if, could, maybe levels he puts out, although in reality probably the best anyone could truly hope for since the market does what the market does, did not seem to allow me to find any level of an "edge" in figuring out what the market could give me.

One more specific question for you though. You state in your review that he does not use any technical analysis or indicators to do whatever it is that he does. How do you know that to be the case? Simply because he says so? Being a text only chat room, he never shares his charts, and simply states over and over again that he somehow deciphers what is happening through other means. Again, how do you know that to be the case?

Good luck in the Silver Room, and you are correct in stating that if it works that is all that matters, until HT either gets on a bus, gets hit by a bus, or the Feds put him out of business. [Not that I am claiming I have any knowledge of wrongdoing on his part].

Best,

ken


Hello,

To answer your question, yes I have no certainty, it is what he was telling and again at this stage it doesn't matter for me. I think his method (posts) needs to be complemented by the different tactics defined on the web site (entry and exits aggressive vs conservative,etc) and the weekly voice chats. I have been impressed by the accuracy of the predicted levels reached. He is not always right and when he is not, you close the trade near to break even most of the time.

Will I be able to make money with his market information, I don't know yet. I'm used to trade with inndicators and he is trading with a plain 5 minutes chart and as you know as long as you are not confident enough to trade with discipline you are better to stay out. Is it the real deal? will see.

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  #60 (permalink)
Elite Member
Long Island, New York, USA
 
Futures Experience: Advanced
Platform: Sierra Chart, NinJaTrader, MT4
Broker/Data: Interactive Brokers, DTN IQFeed
Favorite Futures: Futures, equity and index options, forex
 
Posts: 5 since Aug 2010
Thanks: 1 given, 3 received



entregens View Post
Hello,

To answer your question, yes I have no certainty, it is what he was telling and again at this stage it doesn't matter for me. I think his method (posts) needs to be complemented by the different tactics defined on the web site (entry and exits aggressive vs conservative,etc) and the weekly voice chats. I have been impressed by the accuracy of the predicted levels reached. He is not always right and when he is not, you close the trade near to break even most of the time.

Will I be able to make money with his market information, I don't know yet. I'm used to trade with inndicators and he is trading with a plain 5 minutes chart and as you know as long as you are not confident enough to trade with discipline you are better to stay out. Is it the real deal? will see.

I wish you the best of luck. My negative feelings in no way mean I hope for anyones failure in his room. To the contrary, I would hope you come back here in a month or 2 and confirm for us how you are doing with HT. I would love to hear of your success, which in turn might give me an incentive to try with HT once again.

Once again, best of trading to you, and please come back with updates as you have more time and experience with this.

Ken

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