The trades they have are scalp, counter trend trades whenever a reversal happens, with five tick target and seven tick stop, but you can manage it to make them small stops.
Compared to late 2016-17, number of trades they take these days (winners and losers both) have increased significantly. Back then, it was a bore fest.
It is a scalp, counter trend system. So do not expect like almost all the 'regular' systems / strategies we learn to trade, like trade in the trend, get the runners, huge targets, etc.
Their indicators are very powerful, which can potentially show if the trend is about to come to end for an imminent reversal. The indicators can be tuned according to your set of rules to take trades. And, there are a lot of different ways you can take the trades, based on your risk taking style - anywhere from extremely conservative to plain risky trades.
The downside for this is, if you are a trend trader with big targets, this cannot guarantee a living, because you will have to trade large lots to make a decent return. Example: If you make five ticks on NQ on one lot (they have most trades on NQ everyday usually), you made $25. Now times it ten, you made something good imo. But if your stop does gets hit before you can even manage, you are down seven ticks. So, this can take you a long time to reach there where you want to do it easily for a living. Apart from NQ, they also trade RTY, ES, YM, CL and GC.
My best opinion is to join a free webinar when they have to learn about their system. I can keep on writing paragraphs, but a picture speaks a thousand words.
Maybe you can have a look at their most recent webinar.
Here:
P.S. I think they do allow visitors / prospective subscribers to join their trade room for a week for free. Maybe email them to ask.
Thanks Lightsun47 for your review. I've been to their trade room recently when they had a free trial and I've seen their webinars. Their system looks like it would suit my style of trading. I have a day job and typically can only trade about 1.5 to 2 hours at market open before going to work. I would be fine just taking 3 quick winners (adding on contracts as I gain confidence) and walking away each trading day or go on sim like Tony does.
Are you on the VIP/einstein package and would you recommend that or start with one of the smaller packages?
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My best guess as to why they changed their name and website is maybe because they have migrated to NT8 with a lot of other addons. Kinda like redesigning yourself but with more products. Maybe makes sense too?
The system / concept is still the same of trading at the pullbacks from ever since they have evolved though.
So can you just join the trade room and watch and learn or you have to buy the indicator for $5000.00 to join the trader room?
I am reading generally good reviews about the indicator and support but does it justify the cost you are paying if you are not a millionaire. What will it take in terms of account size + trade size to recover the indicator cost and then make enough profit to justify..
if you could make money in his trade room, every time he called out a trade the volume would crash the servers at the exchange . look how long he has been selling the grail indicator package . his retail order flow indicator coded 10 years ago will out trade a modern order flow blot from the largest institutional traders in the world .. i do not believe that BS
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the owner of the grail software could stop this debate very easy all he would need to do is post 3 years of verifiable brokerage statements and show the world how much money he has made using the grail the last 3 years. now he is not going to do so. the reason is very simple . like 99% of trading vendors , he can not trade. he makes money selling traders stuff . until he can prove it, there is know reason not to believe its 100 % pure BS .
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