Norman Hallett www.thedisciplinedtrader.com
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Norman Hallett www.thedisciplinedtrader.com


Trading Reviews and Vendors

Created July 26th 2011 by Big Mike
Updated May 15th 2012 by hadamkov
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Norman Hallett www.thedisciplinedtrader.com

  #1 (permalink)
Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: SPX, Emini Futures
 
Big Mike's Avatar
 
Posts: 48,192 since Jun 2009
Thanks: 30,781 given, 92,122 received

Norman Hallett www.thedisciplinedtrader.com

Wanted to gather feedback from you guys about this vendor.

His site:
The Disciplined Trader

His blog:
http://www.thedisciplinedtraderblog.com/

Mike

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

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
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)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member (see why)

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Quick Summary
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Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
San Diego, CA USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
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Big Mike View Post
Wanted to gather feedback from you guys about this vendor.

His site:
The Disciplined Trader

His blog:
http://www.thedisciplinedtraderblog.com/

Mike

Was recommended to me by a Dow Pit trader , that's how I came across him, I haven't followed him but when my friend sends e mails I click the links - this morning was the one with journals

that's the extent of my knowledge , but all of the e mails I recieved had something good from "the disciplined Trader"

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter

Last edited by GridKing; July 26th, 2011 at 07:22 AM.
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  #4 (permalink)
Lagos, Nigeria
 
Trading Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
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Posts: 2,472 since Jun 2009
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Big Mike View Post
Wanted to gather feedback from you guys about this vendor.

His site:
The Disciplined Trader

His blog:
http://www.thedisciplinedtraderblog.com/

Mike

I can't remember when I subscribed to his Emails. Meanwhile, I now treat and tag his mails as Junk Mails but it seems the guy has a way of making his Emails "junk-resistant" 'cos, every day, they kept coming into my Inbox instead of my Junkbox, and I don't like that. Other Emails I've tagged as Junk mails obey the Junk destination rule but his own mails don't obey the rule.

Lolu

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  #5 (permalink)
Keller, TX USA
 
Trading Experience: Intermediate
Platform: Tradestation, NinjaTrader
Favorite Futures: YM, ES, CL
 
Posts: 42 since Sep 2010
Thanks: 1 given, 36 received

Sounds promising, but it's pricey, around $2000.

So every few months he starts a new class of 250: 250 x $2000 = $500,000. Nice gig...

I'd have to have some positive feedback before I committed that kind of money. Here is a link to the latest sign up site:


Last edited by Big Mike; July 26th, 2011 at 08:54 PM. Reason: affiliate link removed
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  #6 (permalink)
Coloado
 
Trading Experience: Beginner
Platform: Ninja Trader
Broker/Data: AMP, OEC, CQG
Favorite Futures: NQ
 
Posts: 129 since Sep 2010

I looked into it awhile back when it was $1500; I was leaning towards doing the program but it was all online and did not appear to offer much in the lines of one-on-one coaching so I passed. The other thing was the # of students, I just didn't feel that it would fit my needs.

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  #7 (permalink)
Site Administrator
Manta, Ecuador
 
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Big Mike's Avatar
 
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@aircal, your link was removed as it is an affiliate link (someone gets paid a big commission). The links are in the first post for direct non-affiliate to the site.

Mike

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

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
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)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member (see why)

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
 
  #8 (permalink)
Prague Czech Republic
 
Trading Experience: Beginner
Platform: Sierra Chart, daytradr
Broker/Data: Rithmic
Favorite Futures: Eurex Futures
 
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Posts: 509 since Nov 2011
Thanks: 1,164 given, 439 received

Master kit

I supposedly won their master kit by participating in some comments.

I will let you know if it arrives as well as any thoughts on the kit as soon as I review it.

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  #9 (permalink)
Prague Czech Republic
 
Trading Experience: Beginner
Platform: Sierra Chart, daytradr
Broker/Data: Rithmic
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 509 since Nov 2011
Thanks: 1,164 given, 439 received

Mastery Kit

I received the Mastery Kit as promised, all beautifully wrapped up.

The package consists of three sets of CDs and a leather bound journal.

I have finished the first set - the Basics series - that is about trading plan, journaling, risk and money management and "trading as a business".

I have been interested in the markets since 2008 (not actively trading), I have read a lot, found a lot on internet so I dare say I have some theoretical foundation. The CDs do not tell anything new. I cannot say that the information is irrelevant. On the contrary, there are a few wonderful tips and recommendations, however I would say that the Basic set is designed for complete newbies who know "something" about the markets, started trading excited, had their first big loss and found out that there were much more to trading than just "trading" .

The second set is about subconscious and conscious training. I have gone through the first CD (out of six) and I find it really, really helpful. The reason why it is helpful FOR ME is that it guides me through meditation. Something I have been looking for. I could do my own meditation all right but I find guidance as getting part of the job off my shoulders. I am glad for that.

The third set are two bonus CD with pdf files. Have not gone through them yet.

Another bonus is a leather bound journal. Nice looking.

All in all, FOR ME, the Basics series is useful partially, the Core Modules (second set) is very useful, the third set probably not very useful.

All in all, I would have never bought it myself because of its price. But that applies to any program sold for similar price simply because our currency cannot measure up to USD regardless of quality of such program. I will suggest to the vendor to include in the Basics series some templates for printing with regards to the trading and business plan.

To sum it up, during those four years of theory building, I found out that no matter what one buys and for whatever price, if one does not act on it, it is money thrown out the window. Learning trading is completely different from what we are used to from schools. First, you have to be your own master before becoming a master of trading, no matter what you buy... So, if you ever plan to buy any program, you first must get yourself committed to really following it.


Last edited by hadamkov; May 15th, 2012 at 03:26 AM.
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