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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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Joel Parker's www.priceactionroom.com review

If you have any experiences about Joel Parker's Welcome to the Price Action Room, please share them. I'm considering asking Joel to do an educational webinar on futures.io (formerly BMT) about trading price action and always like to do my due diligence before inviting a vendor to participate.

Mike

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  #3 (permalink)
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Here is a video snippet of his methodology. Again let me know your thoughts if you know of this guy or if you are a customer past/present.

Excerpt from tape reading mini-mentorship - PriceActionRoom's library

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
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Hi Mike - I took Joel's tape reading course and can vouch for his methodology and trading style. It is the only course i have taken so far and feel it was worth the cost.

A lot of traders out there have the skill and experience but are sorely lacking in their ability to communicate this. Joel can def. communicate effectively with very professional videos and is always available to chat if you have any direct questions.

From a tape reading perspective i was blindly going nowhere and his course put me on the right path, i cant say that i am 100% efficient but i have improved immensely with many more years to go to get to Joel's level (if ever).

Biggest thing i took away was the fact the most venders / sellers allude to the holy grail or dangle the dream of riches but Joel did not do this, he said it will take hard work, many months or years for some and some might not even make it as tape readers, a nice reality check.

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Yea; um--still seems 'ephemeral' for most of us slobs.

I suspect that this 'tape reading' (HUGE FEES) works on a level for those with a math-orientated/objective mindset.

Not sure if after all the 'stuff' do you really have an edge--or is it just gut/feel/experience/intuition?

Not that there is anything wrong with that.

After all; in huge liquidity markets you are constantly trying to 'game' the other side; if not with order flow--with laggin indicators?

I notice futures.io (formerly BMT) forum members really like divergence and range bars--have not been able to get into that yet.

peace

r247

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tape reading

As a newbie,I am trying too find something that really will help me see the markets,so for the last few months,I have signed up for a lots of free webinars and free trials,or almost free trials(which a few yrs ago hardly anyone offered)
The more expensive rooms,seems to be getting cheaper and cheaper,but some of them are, buy this and then you need this.. etc...hmm

I know the free webinar I took from Joel,that he is a legit trader and teacher,but he is not giving anything away,,,his room and cd's(not cheap)...but saying that I have learned something from every webinar on futures.io (formerly BMT),and it seems like you get these guys to give out good info, and not just advertizing

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Looks interesting.

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I purchased the November workshop and believe it was well worth it. Joel is a very effective communicator. He is of course knowledgeable on tape reading but offers great commentary on different markets. I'm still going over his material because it was a lot of information to digest. Just my 0.02.

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Big Mike View Post
Here is a video snippet of his methodology. Again let me know your thoughts if you know of this guy or if you are a customer past/present.

Excerpt from tape reading mini-mentorship - PriceActionRoom's library

Mike

@Big Mike


I do not personally subscribe to his methodology, but I really enjoyed the snippet.

Shakespeare said, " ...tis indeed a sick cook that will not lick her own fingers". I am always suspicious of anyone who teaches "the worlds greatest trading system ", but doesn't trade it himself. He says he trades every day and sounds believable.

Many people who have a trading room ,come off somewhere between Used Car Salesman and Strip Club DJ. He has good communication skills and sounds legit. It appears in the snippet that it was a live trade. That is a "+" in my book.

So, unless someone has derogatory information regarding him, I would say it would be a worthwhile webinar. IMHO

Regards,
TMFT

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

My daddy always said, "Every day above ground is a good day!"
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A key thing I have not heard is " I purchased the course, practiced what I learnt and made money from my investment."

I wonder why I have not heard that, is it that we are seeking the holy grail and attending courses attempts to fill that void that exits for most if not all traders. Also I am keen to know what specifically people learnt from a course they attended and how it helped their trading as comments received so far have been vague and lack real content about their experiences and how it has helped them in their trading. Am I alone in this?

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