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Joel Parker's www.priceactionroom.com review


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Joel Parker's www.priceactionroom.com review

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  #41 (permalink)
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DionysusToast View Post
Just a quick update.

As suspected - no request for a refund was made. Mostly because 777n hadn't taken the recent course/purchased the software in the first place, as claimed.

Welcome to the internet....

I'm just a simple man trading a simple plan.

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  #42 (permalink)
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Posts: 10 since Jun 2011
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Well, i would have kept my mouth shut. But, since you wouldn't let it go, I have to respond. You are only promoting your indicator thru Joel. I told you the indicator was decent. I can't ask for a refund from Joel Parker and still expect to keep the indicator for free. Can I ? Look, I was the idiot that trusted Joel Parker and I was the one that paid him his ridiculous training fee. His training is worthless. He claims to be a big lot trader. He's not. That's for certain. There was no value in his training whatsoever. If anyone wants to hear more, they can PM me.

You are promoting Joel Parkers room on your website:

"Joel Parker is closer to most aspiring retail traders than FuturesTrader71. Joel was never in the industry, Joel was a part time trader until he sold his business to daytrade full time, which he has been doing for 8 years. If you are specifically looking for training on Tape Reading and/or Price Action trading, then Joel is the only person we have ever found that provides such in depth training on the subject. This is information that does not exist in any trading books or trading sites. This is information earned the hard way - through study and application. Joel daytrades futures every day, he does this based on price action and tape reading. If you are interested in tape reading/order flow analysis and want to use this as part of your trading method, then Joel is someone you should talk to.There will be no hard sell with Joel. If you tell him what you are looking for and what your expectations are, then he'll tell you if this is something he can help you with. Click Here to go to the site. "

Keep in mind, for every training package that Joel sells, he pays you back the fee for the indicator. You stated on here that you don't make any money off the indicator. You were being misleading again because I know for certain Joel pays you a fee for each license.

You indicated you were the one that recommended Joel's room to Big Mike. Hmm, did you tell him you have an interest in everything Joel sells ? I wonder, did you also recommend "FuturesTrader71" to Big Mike ? I see Big Mike started a thread the same day he started this one. I see on your website you state regarding futurestrader71, "This is a blog with mostly free information on trading.The blog is run by a professional index futures trader, trading out of the Chicago Board of Trade building. He trades for a living and has no other profession. He has his own proprietary trading firm and trains traders at his firm, people that have no prior trading experience. There are a number of free webinars available and there are some that you have to pay a small fee for. The proceeds for the paid webinars go to charity. We have watched them all and they are all well worth the small fee. You could pay thousands of dollars for training from a commercial trainer and still not have anything close the richness and value of information on this site. Click Here to go to the site". I have checked out his blog. There is no free information like you state. Just another vendor out there selling his stuff. And for you to state his fees goes to charity is downright misleading. We all know this not true.

I have a challenge. Find one person, just one person that will post he or she feels like his training was worth the fees he or she paid and he or she learned anything he didn't already know. Find one person that isn't connected to you and Joel. I also challenge you to find anyone that benefited or, felt like what they paid FuturesTrader71 was of any value.

I bet you won't find anyone.

It's a shame there is so much of this B.S. out there. If these guys were so good, then they would be traders and not promoting this crap.

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  #43 (permalink)
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Posts: 10 since Jun 2011
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Oh, and you are absolutely wrong. I did buy his course and this will prove it. This is one of his emails.

joel@Priceactionroom.com has sent you the following via YouSendIt
Some of you may have already received this download, others haven't. It is being sent to each individual who purchased the bundle which included live training. Since you missed the live training week that just ended, these recording of the sessions will at least tide you over until the next live training week starting July 11.

You will have to log in to the free YouSendIt account you created to access this video - the password is one you created when you downloaded the original Workshop videos. Please download the file, saving it to a location you can easily find. When it is complete, please click on the file to run the extraction program - this will create a new folder in the location you assign it, and will then unpack the video into it.

Once the extraction is complete, please open the folder and use the Click To Play html document to run the video - this will allow it to play with a table of contents. If everything is playing correctly, you can now delete the original installation file (Live Week Day One.exe) , as it no longer necessary.

If you have audio but no video or other playback problems, please see this Screencast recording for assistance: Instructions for workshop recording - PriceActionRoom's library

Thanks,

Joel

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  #44 (permalink)
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lol - gotta love your efforts here.

Just to recap...

Your claim is that you did a 1 week course and decided it wasn't worthwhile.
You haven't complained to the person who gave the course but complained here instead.
You started complaining within 2 weeks of taking the course, despite the course being in Tape Reading which takes a lot of effort to go from theory to practice with a lot more than 2 weeks screen time.
You wouldn't take me up on the offer of a refund (requiring proof of purchase) because it was too much effort (although a lot less effort than you have spend on this thread so far)

My claim is that you are bogus.
Still - I am willing to accept that you may well just be looking for a quick fix and be upset that no such thing exists.

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  #45 (permalink)
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777n View Post
Keep in mind, for every training package that Joel sells, he pays you back the fee for the indicator. You stated on here that you don't make any money off the indicator. You were being misleading again because I know for certain Joel pays you a fee for each license.

Breathe deeply. Let the anger go & start reading what is written. Joel doesn't make money from selling my software, he passes the full amount to me. I never claimed I don't make money from the software. Go back, re-read & digest it.


777n View Post
You indicated you were the one that recommended Joel's room to Big Mike. Hmm, did you tell him you have an interest in everything Joel sells ? I wonder, did you also recommend "FuturesTrader71" to Big Mike ? I see Big Mike started a thread the same day he started this one. I see on your website you state regarding futurestrader71, "This is a blog with mostly free information on trading.The blog is run by a professional index futures trader, trading out of the Chicago Board of Trade building. He trades for a living and has no other profession. He has his own proprietary trading firm and trains traders at his firm, people that have no prior trading experience. There are a number of free webinars available and there are some that you have to pay a small fee for. The proceeds for the paid webinars go to charity. We have watched them all and they are all well worth the small fee. You could pay thousands of dollars for training from a commercial trainer and still not have anything close the richness and value of information on this site. Click Here to go to the site". I have checked out his blog. There is no free information like you state. Just another vendor out there selling his stuff. And for you to state his fees goes to charity is downright misleading. We all know this not true.

I have a challenge. Find one person, just one person that will post he or she feels like his training was worth the fees he or she paid and he or she learned anything he didn't already know. Find one person that isn't connected to you and Joel. I also challenge you to find anyone that benefited or, felt like what they paid FuturesTrader71 was of any value.

I bet you won't find anyone.

It's a shame there is so much of this B.S. out there. If these guys were so good, then they would be traders and not promoting this crap.

OK - so both Joel & FuturesTradrer71/FT71 are of no value?

No value to anyone or no value to you perhaps?

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  #46 (permalink)
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Posts: 10 since Jun 2011
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Jigsawtrading. You have no credibility here. Any vendor who uses the tactics you use to promote his or her wares/s has no credibility and quite frankly, borders on breaking the forum rules.

The only thing I see from you is boasting how good Joel's room is. Nobody else has made such a claim. The thread has been here long enough for anyone that had any good experience to have posted it. Additionally, you have bashed other vendors on futures.io (formerly BMT). Hmm ? I wonder what your motivation is ? Selling your indicator, maybe ?.

My I suggest if you want to build credibility you refrain from bashing other vendors and be more honest in you motivation and your posts. The mere fact that you are so adamant in attempting to discredit me, rings volumes.

You can have the last post. I have to get to sleep because I am a trader. Not a education/indicator seller.

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  #47 (permalink)
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Posts: 10 since Jun 2011
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Trader's interested in hearing what the facts are about Joel, PM me.

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  #48 (permalink)
 
 
Posts: 1,176 since Nov 2009

interesting thread... I will add my 2 cents... I have spoken to Joel, and I have purchased his course material for tape reading... I believe a part of trading is being able to look at the T&S and use it as supporting information for when one approaches price levels to determine if they will hold or fold, and as such I wanted to see some action and make sure that I had the idea correctly in my mind...

one of the thread commenters is correct, tape reading isnt really something that can be taught, it is acquired over time.. I was looking for a shortcut .. ... and there isnt such a thing..

as to his tape reading course... yes, he rambles on for a while (I mean, a lot of the time) which makes it difficult at times to follow... I basically watched the whole thing and then captured the pieces that I cared about and repeated those... I do not think any of the trades on the video were done with real money.. then again, I have only seen John Netto trade with real money, everyone else says they do when in fact they dont, so I was not surprised.

did I learned something that I could use from the videos... that is tough to say... I did find the material of use and I was able to apply it as it refined the ideas that I had... would I have gotten the same experience if I had no clue? I think not...

I should say that at first I went with the 10 days mini-mentor thing... that was a complete waste of time.. but I was able to apply the $500 agains the video course, which managed to cover more of what I was looking for, actual practice and videos of actual tape reading..

I did find some of his other material of use.. but mainly because again, it allowed me to refine some of my own thoughts.. so if you have an idea and want to "validate" it... and I am using that word very loosely.. then go for his videos... if you are brand new 100%.. maybe not so much, read up first books and then decide..

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  #49 (permalink)
 
 
Posts: 1,176 since Nov 2009

as an FYI... for those who want to actually read the tape, it is best to use MarketDelta aka InvestorRT for it... why? simple.. it has the ability to aggregate ticks on the same side, live!.. no delays... and it can handle the data without hiccups... no need to pay $250 to have the T&S reconstructed...

check it out... 132 contracts sold... the T&S on the left is aggregating ticks live... while the one is the right is not.. and btw, that is a standard feature on IRT/MD... so you dont need the Pro for it..

forgive my scribbles on the pic, not really an artist

A disclaimer... I am not taking a shot at DT, I think he is a great programmer and had a good idea by ensuring that NinjaTrader had functionality they should've had in the first place.. I just dont believe in re-inventing the wheel.. MD/IRT does an excellent job with the T&S.. and it is a lot more stable than NinjaTrader (still)... not to mention it consumes no resources

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  #50 (permalink)
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sysot1t View Post
as an FYI... for those who want to actually read the tape, it is best to use MarketDelta aka InvestorRT for it... why? simple.. it has the ability to aggregate ticks on the same side, live!.. no delays... and it can handle the data without hiccups... no need to pay $250 to have the T&S reconstructed...

check it out... 132 contracts sold... the T&S on the left is aggregating ticks live... while the one is the right is not.. and btw, that is a standard feature on IRT/MD... so you dont need the Pro for it..

forgive my scribbles on the pic, not really an artist

A disclaimer... I am not taking a shot at DT, I think he is a great programmer and had a good idea by ensuring that NinjaTrader had functionality they should've had in the first place.. I just dont believe in re-inventing the wheel.. MD/IRT does an excellent job with the T&S.. and it is a lot more stable than NinjaTrader (still)... not to mention it consumes no resources

No worries - there is a slight issue with what IRT does - they do not actually reconstruct trades - just accumulate at a level.

So for the 132 contracts there, you have no idea how many trades that was. If you get a Ninja Trial, you can run the 2 side by side - you'll see the difference immediately.

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