JPJ Trading Review Market Profile (www.jpjtrading.com) - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


JPJ Trading Review Market Profile (www.jpjtrading.com)
Updated: Views / Replies:47,032 / 136
Created: by Big Mike Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 1  
 
Thread Tools Search this Thread
 

JPJ Trading Review Market Profile (www.jpjtrading.com)

  #111 (permalink)
Elite Member
Detroit, Michigan, USA
 
Futures Experience: Intermediate
Platform: NT7 w/EW and MG
Favorite Futures: CL and ES (sometimes)
 
t0030tr's Avatar
 
Posts: 59 since Jun 2013
Thanks: 14 given, 38 received


fminus View Post
profitable today? yes. profitable every day, no. positive profit factor, yes. do i mirror JP trades? no (but I take them into consideration).



What you're looking for isn't realistic. There's a wide array of experience levels that come through the room or any room for that matter. Let's just make a simple analogy, if you were learning golf and you somehow got some golf pro to teach you, and let's say in your class there are 10 students, if the majority didn't make pro is the golf instructor a bad teacher? Perhaps, but your job isn't to be a clone, your job is to exact nuggets of experience and wisdom so you can better your own game.

You seem to be putting an emphasis of the hopes and dreams on the back of someone else to carry you to the promised land rather than looking to fine tune your own ability. If that's what you're looking for then good luck on your search. Trading is a performance endeavor so let's treat it like one.

Have to agree here. JP will not make you profitable, he will only teach you how MP works and that he is good at. You will have to become profitable on your own. I think JP can call some great trades and I have seen him do so. That being said, JP is a MP educator and not a room that calls trades on a regular basis. If your looking for that, you should look elsewhere. Hope this helps in your endeavors.

Reply With Quote
 
  #112 (permalink)
Elite Member
Detroit, Michigan, USA
 
Futures Experience: Intermediate
Platform: NT7 w/EW and MG
Favorite Futures: CL and ES (sometimes)
 
t0030tr's Avatar
 
Posts: 59 since Jun 2013
Thanks: 14 given, 38 received


xylem View Post
Whats the difference between a good educator and a bad one if neither educators students makes money.

Lol.

Michael Jordan couldnt teach me to slam dunk and that is why I wouldnt pay him $1200 for basketball training.
Same goes for an educator who cant teach me to be profitable.

im only asking as Im about to go on one of his free trials and it wouldve been nice if a few of his loyal students turned up and said "yea I make money, im profitable, it took a while but now im earning big money"

Anything along them lines not some guy telling me to rethink my belief systems, im not an idiot and thats also funnily enough why I wouldnt pay someone to teach me to trade if he has no track record of teaching people to become profitable.

Lewis J. Borsellino just said this a couple of days ago. He said "if you had a method that made money all day long, would you share it? HELL NO, you would sit in a room all day and make money" I think there is not a truer statement.

Reply With Quote
 
  #113 (permalink)
Elite Member
Bangkok thailand
 
Futures Experience: Advanced
Platform: Multicharts, ninjatrader, tradestation, fxcm
Favorite Futures: Es forex
 
Posts: 116 since Jan 2015
Thanks: 128 given, 58 received



t0030tr View Post
Lewis J. Borsellino just said this a couple of days ago. He said "if you had a method that made money all day long, would you share it? HELL NO, you would sit in a room all day and make money" I think there is not a truer statement.

This is largely true as we see from the number of shady rooms. Howver I am willing to believe there are a few rooms that call out genuine and clear trades that members can follow and that are profitable more or less month by month. I think in these cases the vendor is simply adding to his income stream which is not an unreasonable thing to do.

Why not simply increase the number of contracts rather than deal with running a room? Well that comes with more risk...

Reply With Quote
 
  #114 (permalink)
Elite Member
Detroit, Michigan, USA
 
Futures Experience: Intermediate
Platform: NT7 w/EW and MG
Favorite Futures: CL and ES (sometimes)
 
t0030tr's Avatar
 
Posts: 59 since Jun 2013
Thanks: 14 given, 38 received


Forexoil View Post
This is largely true as we see from the number of shady rooms. Howver I am willing to believe there are a few rooms that call out genuine and clear trades that members can follow and that are profitable more or less month by month. I think in these cases the vendor is simply adding to his income stream which is not an unreasonable thing to do.

Why not simply increase the number of contracts rather than deal with running a room? Well that comes with more risk...

I agree, there are definitely rooms out there that are profitable. There are several traders over at Briefings (SCALP, BLUE, MOMOX and CHART that call live trades all day long and they make a lot of money. The rest, heed at your own risk. That being said, I have never made money trading someone else's ideas and trust me I have tried it several times. Maybe it works for some, but I definitely figured out, I am going to have to do it the hard way (on my own). I think that is just the way day trading works. No easy money.

Reply With Quote
The following user says Thank You to t0030tr for this post:
 
  #115 (permalink)
Elite Member
san diego
 
Futures Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker/Data: FXCM, Interactive Brokers
Favorite Futures: FOREX, IWM, SPY, XLE, NQ
 
Posts: 219 since Apr 2010
Thanks: 69 given, 122 received

I listened to the free trial trading room for a few hours and couldn't take anymore. He was just rambling on like a salesman and didn't give any thoughtful market analysis or make any trades. So far the only trading room I have been impressed by is Al Brooks. He has a three day trial. He starts out at the first minute showing charts and giving his analysis of the market and has zero hype to get new members to join.

Reply With Quote
 
  #116 (permalink)
Trading for Fun
LONDON UK
 
Futures Experience: Intermediate
Platform: IB XTRADER Jigsaw
Favorite Futures: CL YM BUND NQ
 
Posts: 60 since Nov 2014
Thanks: 20 given, 13 received

Yea so far this guys saying
"i wont show monthly profit reviews as no one would believe it.
I wont show Pnl As its on a different screen and your not meant to look at it anyway.
I wont tell you how much I expect to make a month as I just dont know and
I dont care if you dont believe me blah blah."

Im not saying hes a fraud but he has done nothing to differentiate himself from one so far.

And he has an army of loyal grandfathers willing to back him up at every criticism or comment lol.

This may or may not be in support of JPJ. A strange phenomena happens in chat rooms where the members feel real loyalty to their "leader" regardless of how profitable they are.

Reply With Quote
The following 3 users say Thank You to xylem for this post:
 
  #117 (permalink)
Elite Member
Vancouver Canada
 
Futures Experience: Beginner
Platform: Investor RT & Ninja
Broker/Data: IB & IQ DTN
Favorite Futures: ES
 
Posts: 1,098 since Nov 2014
Thanks: 2,127 given, 1,612 received

Brief experience from trial period

JP is definitely entertaining. I think he has genuine setups and a good understanding of Market Profile. He clearly spells out what his game plan is before he takes the trade. I can easily picture him as my teacher of MP. Similar to FT71 in style but more brash and flamboyant.

Though he rambles at times, I think it's partly because of varying levels of experience of participants and I don't blame him when he gets frustrated.

Yes, he keeps the cards close to his chest and doesn't reveal a lot to the trial members. I don't find that wrong because his setups are pretty basic & common sense from the MP point of view (I am ofcourse guessing, from the last 2 days of listening to him).

I am considering becoming a member but only after a cooling off period of atleast 2 weeks after the end of this trial period. This strategy helped me save a lot of money over the years (not just in trading, but also in the malls!)

Reply With Quote
 
  #118 (permalink)
Elite Member
san diego
 
Futures Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker/Data: FXCM, Interactive Brokers
Favorite Futures: FOREX, IWM, SPY, XLE, NQ
 
Posts: 219 since Apr 2010
Thanks: 69 given, 122 received


Narcissus View Post
JP is definitely entertaining. I think he has genuine setups and a good understanding of Market Profile. He clearly spells out what his game plan is before he takes the trade. I can easily picture him as my teacher of MP. Similar to FT71 in style but more brash and flamboyant.

Though he rambles at times, I think it's partly because of varying levels of experience of participants and I don't blame him when he gets frustrated.

Yes, he keeps the cards close to his chest and doesn't reveal a lot to the trial members. I don't find that wrong because his setups are pretty basic & common sense from the MP point of view (I am ofcourse guessing, from the last 2 days of listening to him).

I am considering becoming a member but only after a cooling off period of atleast 2 weeks after the end of this trial period. This strategy helped me save a lot of money over the years (not just in trading, but also in the malls!)

Did he give any evidence that he knows what he is doing? Did he give any clear trades in advance that worked?

For today( March 25, 2015), did he give any hint that it would be a strong downtrend day? Or how long did it take him to figure it out that it was a strong downtrend day? Did he talk about the market at all? Or was he just entertaining?

The purpose of the trial is to find evidence that there is value in something that you are going to spend a lot of money on.

These guys talk for a reason. There are always a group of people who will join with zero proof if they get the feeling that someone knows what they are talking about - which is actually a feeling induced by the gift for gab. If there is no evidence then the talking is just salesmanship. These rooms hide their trades for a reason.

Reply With Quote
The following user says Thank You to jodistrict for this post:
 
  #119 (permalink)
Elite, not Elitist :)
San Diego
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP / CQG
Favorite Futures: CL, ES, NQ
 
BeachTrader's Avatar
 
Posts: 339 since Nov 2011
Thanks: 153 given, 401 received


jodistrict View Post
Did he give any evidence that he knows what he is doing? Did he give any clear trades in advance that worked?

For today( March 25, 2015), did he give any hint that it would be a strong downtrend day? Or how long did it take him to figure it out that it was a strong downtrend day? Did he talk about the market at all? Or was he just entertaining?

The purpose of the trial is to find evidence that there is value in something that you are going to spend a lot of money on.

These guys talk for a reason. There are always a group of people who will join with zero proof if they get the feeling that someone knows what they are talking about - which is actually a feeling induced by the gift for gab. If there is no evidence then the talking is just salesmanship. These rooms hide their trades for a reason.


@jodistrict - You should check out the ES SP500 Spoo-nalysis thread if you are looking for transparency. Very informative and the guys often post their ladders or trade logs so you know you are not getting any BS.

Reply With Quote
 
  #120 (permalink)
Elite Member
Vancouver Canada
 
Futures Experience: Beginner
Platform: Investor RT & Ninja
Broker/Data: IB & IQ DTN
Favorite Futures: ES
 
Posts: 1,098 since Nov 2014
Thanks: 2,127 given, 1,612 received



jodistrict View Post
Did he give any evidence that he knows what he is doing? Did he give any clear trades in advance that worked?

This review is from a less experienced trader but I have decent experience in distinguishing real from bogus. HE IS REAL AND HAS A SOUND UNDERSTANDING OF MARKET PROFILE BUT TOO PROUD TO ADMIT THAT HE WAS NOT HAVING A GOOD DAY. He is more like a trading buddy rather than a teacher but his style is not for everyone. It could work for me though.

It was NOT a good day for JP. He was stopped out once, scratched a trade and let a small winner slip back.

What I liked - he pre defined his entry points, explained the logic (some of it), his stop loss and the target. He didn't fake entries or exits. His risk reward ratio seemed good, more than 3 to 1. His analysis is similar to the guy I respect - FT71 who I believe was his student. The best part for me was he realised within seconds that the price action was NOT going in his favour. Though he went quite whilst on trade, he did his best to give a live commentary about foot print action. He also patiently sat on a losing trade for a little bit, only 2 - 3 pts and eventually scratched the trade when he realised market has changed.

What I didn't like - his reaction after a losing trade. Instead of going back on the trade setup and doing a mini post mortem for educational purposes, he ranted for a bit about how he never said that he was better than others etc.

His analysis and prediction of price movement was generally right i.e Down Move but just like a regular trader (like me) he kept looking for a long trade, became bit defensive, then funny again but with less confidence. Worse, an hour later he said he was looking for a short trade whilst he was sitting on a long trade- DIDN'T LIKE THAT FLIP FLOP AT ALL. If you are real trader, you know that win/loss ratio often means very little. It's all about risk reward. Even with 40% win rate, you could make a living if you let runners run (which is definitely not my strength). Infact, that's the reason why I was considering joining his trading room due to his apparent ability to hang on to winning trades.

Overall, I think he is a genuine trader with good understanding about Market Profile. His analysis and prediction was spot on but NOT his execution. I don't believe when he says he doesn't care if you sign up or not. Ofcourse he cares - It's predictable income compared to unpredictable trading income. I think that's his marketing style and by repeating that people are signing up, it encourages more to do the same. I don't think there is anything wrong or shady about that though. However I am not paying 1500 dollars for something which can be learnt free here or from a book. I will continue to learn for free from FT71's daily analysis and NOT signing up for JPJ for now. I may change my mind after a day or two of watching him or after 2 weeks if I think FT71's free material is not enough. Please note that I am not prepared to pay for FT71's paid material as well. Not yet anyways.

Reply With Quote
The following 4 users say Thank You to Narcissus for this post:

Reply



futures io > > > JPJ Trading Review Market Profile (www.jpjtrading.com)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
about profiletraders - market profile boot camp (www.profiletraders.com) trendisyourfriend Trading Reviews and Vendors 34 December 1st, 2016 03:38 AM
emini trading school (www.eminitradingschool.com) review drdam1 Trading Reviews and Vendors 29 October 28th, 2015 02:32 PM
Market balance indicator review (www.fin-alg.com) traderjcf Trading Reviews and Vendors 7 May 5th, 2014 10:57 PM
Building a Trading Strategy with Market Profile - Robin Mesch BCNTrader Traders Hideout 6 February 20th, 2012 04:09 PM
would like 3 good market profile trading rooms to choose fro anniebee321 Trading Reviews and Vendors 23 July 10th, 2011 10:35 AM


All times are GMT -4. The time now is 02:21 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-09-23 in 0.15 seconds with 20 queries on phoenix via your IP 54.80.140.5