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stressless trading - Jam's StrategicDaytrading.com


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stressless trading - Jam's StrategicDaytrading.com

  #41 (permalink)
 
JamTheTrader's Avatar
 JamTheTrader 
Juno Beach
 
Experience: Advanced
Platform: Ninja and TS
Broker: Optimus Futures / Matt
Trading: multiple
Posts: 135 since Sep 2009


Tiger45 View Post
As a former participant in Jam's room, I thought I'd throw my two cents in. Overall, I liked it. Jam focuses on trading with very few distractions (politics, religion, etc). He emphasizes market structure and patience. He makes no claims about getting rich quick.

Here's what I didn't like about it: He doesn't trade during the session, but instead calls out the trades. Almost all trades are called out before hand (sometimes he's distracted answering a question and misses a call), so you do get a warning on upcoming setups. He will mark up the chart with arrows showing the trade. Here's where the slight of hand comes in. He will utilize his discretion and very often say that he wouldn't take a particular trade because of something (market structure, S/R near by, etc). If that trade happens to work, he will add that winner into the recap to show how many ticks it was possible to make that day. If it doesn't work, well, there you go. He didn't recommend it. He also slightly exaggerates the tick count at times (I don't know if this is deliberate, or just the result of trying to count bars quickly). These issues could be completely eliminated if he actually traded during the session (even in sim).

Occasionally he will briefly show "statistics" on some trade setups. These are a summary of how many ticks a particular setup ran for, for example he'd say setup X ran for over 20 ticks 30 times, over 10 ticks 40 times, etc. He doesn't show the losses, nor how the trades would have done using the money management rules he proposes. Also the data sample is small, typically only a month's worth of data.

I took his recent webinar with the hopes of being able to write a trading plan, since he advertised that he would be spending a lot of time on that. It was the worst part of the webinar, and overall, I was very disappointed with it.

I think if you spent a month or two in his room, you'd walk away with some valuable info. I'm not sure if you can just pay the room fees or if you have to buy the black belt program.

Tiger,

We don't do recaps!!

We teach patience and how to keep your money when you are up! You are welcome to come back in for a few weeks free and see if this makes more sense to you. I will spend personal one on one time with you so you can understand how our room works, analyze your trades, and do everything in my power to have you in a better position very quickly after you work with me! No promises as you will have work to do as well and I expect you to do it!

Please don't let this sit as an empty offer, take me up on this as it is a one time offer! I want every customer happy and while some will never be due to the complexities of trading and the inability for some to maintain discipline and trade with a plan, I do believe anyone can make it if they truly want this and it is their passion.

Again, spend a few weeks, month or whatever you need at no charge and lets get you in a better place, you have nothing to lose

JAM

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  #42 (permalink)
 
JamTheTrader's Avatar
 JamTheTrader 
Juno Beach
 
Experience: Advanced
Platform: Ninja and TS
Broker: Optimus Futures / Matt
Trading: multiple
Posts: 135 since Sep 2009


dandxg View Post
F*cking classic. Maybe he should rename himself to Creflow Dollar? I mean no offense but don't believe in religion and my experience has been people that point out that they are Christian are the biggest hypocrites and scam artists alive.

You are welcome to our morning prayer room and never any obligation, we have some great people in the room and some non members as well.

JAM

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  #43 (permalink)
 
JamTheTrader's Avatar
 JamTheTrader 
Juno Beach
 
Experience: Advanced
Platform: Ninja and TS
Broker: Optimus Futures / Matt
Trading: multiple
Posts: 135 since Sep 2009



BeachTrader View Post
Yeah, I was disappointed with it to be honest as I don't like to mix my trading guru with my priest. I do like Jam though. Looking forward to seeing what he offers next.


BeachTrader,

We made it very clear that we respect everyone's right to freedom of religion and we do not push anything in our room! This is for anyone prior to the trading day that would like to come in for prayer. No obligation to the room to me just to the one upstairs

I certainly did not mean to offend.

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  #44 (permalink)
 dandxg 
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
Posts: 178 since Nov 2009
Thanks Given: 164
Thanks Received: 77


JamTheTrader View Post
BeachTrader,

We made it very clear that we respect everyone's right to freedom of religion and we do not push anything in our room! This is for anyone prior to the trading day that would like to come in for prayer. No obligation to the room to me just to the one upstairs

I certainly did not mean to offend.


Hey maybe you aren't so bad after all, J/K. I live around some many religious ppl and that's fine as long as they don't preach to me it's all good. Whatever works for you.

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  #45 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,539

The "are you joking" comment was not aimed at Jam. It was in response to considering a $3,500 auto-trader but only if it can make 80k in 6 months.

Mike

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  #46 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
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Jam

Will you open this offer to others or just to Tiger.

Love what you do and is hard to get Honest rooms now days and Good on you.

Sharmas


JamTheTrader View Post
Tiger,

We don't do recaps!!

We teach patience and how to keep your money when you are up! You are welcome to come back in for a few weeks free and see if this makes more sense to you. I will spend personal one on one time with you so you can understand how our room works, analyze your trades, and do everything in my power to have you in a better position very quickly after you work with me! No promises as you will have work to do as well and I expect you to do it!

Please don't let this sit as an empty offer, take me up on this as it is a one time offer! I want every customer happy and while some will never be due to the complexities of trading and the inability for some to maintain discipline and trade with a plan, I do believe anyone can make it if they truly want this and it is their passion.

Again, spend a few weeks, month or whatever you need at no charge and lets get you in a better place, you have nothing to lose

JAM


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  #47 (permalink)
 joaobucks   is a Vendor
 
Posts: 38 since Jan 2010
Thanks Given: 11
Thanks Received: 16

Tiger describes what can best be defined as "recap," even if JAM doesn't think they do recaps.

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  #48 (permalink)
 joaobucks   is a Vendor
 
Posts: 38 since Jan 2010
Thanks Given: 11
Thanks Received: 16

BigMike, this assumption of 80K autotrader was first brought up by Lornz:
"So let me get this straight... He has an automated system that nets > $80 000 in 4 months trading 1 contract, and a max drawdown of <$2500...." But now we can't verify the veracity of Lornz`version because the origin of said claim has been deleted from this link <JAMAutoProTraderSales - jamthetrader's library>. You know the differences in what one says and what another perceives.

Nevertheless, I was in the webinar today when JAM clearly stated several times that this autotrader has nothing to do with what we are accustomed to see as autotrader, and that stand-alone profitable autotrader doesn't exist. Thus, my junkie mood for a quick fix from trading systems is slowing and painfully dissipating after years pursuing this route.

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  #49 (permalink)
 
JamTheTrader's Avatar
 JamTheTrader 
Juno Beach
 
Experience: Advanced
Platform: Ninja and TS
Broker: Optimus Futures / Matt
Trading: multiple
Posts: 135 since Sep 2009


Big Mike View Post
The "are you joking" comment was not aimed at Jam. It was in response to considering a $3,500 auto-trader but only if it can make 80k in 6 months.

Mike

Thanks Mike, I appreciate that. We dont make any claims and in fact are very open about "not having a holy grail" but a set of tools that are not for everyone!


JAM

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  #50 (permalink)
 
JamTheTrader's Avatar
 JamTheTrader 
Juno Beach
 
Experience: Advanced
Platform: Ninja and TS
Broker: Optimus Futures / Matt
Trading: multiple
Posts: 135 since Sep 2009



dandxg View Post
Hey maybe you aren't so bad after all, J/K. I live around some many religious ppl and that's fine as long as they don't preach to me it's all good. Whatever works for you.

Thanks,

Please feel free to come in and spend a couple weeks with us, no obligation at all I just want you to see what we do then you will be better informed to comment! We are not for everyone for sure, but we are transparent and very open and we have helped many, and I just really wish I could help everyone, but that would never be possible!

JAM

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