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AlphaWave Trading Review (www.alphawavetrader.com)
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AlphaWave Trading Review (www.alphawavetrader.com)

  #101 (permalink)
Elite Member
Philadelphia, Pa
 
Futures Experience: Advanced
Platform: Ninja 7
Broker/Data: Amp/CQG
Favorite Futures: CL, ES
 
longboat's Avatar
 
Posts: 136 since Jun 2009
Thanks: 887 given, 188 received


SawDr View Post
He said that he didn't have a losing week, he never said not a losing TRADE...there are plenty of losing trades called in the room - several yesterday.

Yea and see how many of those losing trades actually show up in the track record on the website!


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  #102 (permalink)
Elite, not Elitist :)
San Diego
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP / CQG
Favorite Futures: CL, ES, NQ
 
BeachTrader's Avatar
 
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trendfriendpa View Post
I met Scott about 8 years ago. He is one trader who really wanted people to learn to trade and not lose money. I took at least 4 of his classes offered through marketgauge.com. The owners invited him to present the classes at the urging of other traders whom he had helped.

He is clear in his teachings, very knowledgeable about the markets, technical guy and a good person.

If you want to contact him directly - S_lander@bellsouth.net

Is that Scott Landers? I know him from Mel Raiman's Precision Trading system. He is a good guy.

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  #103 (permalink)
Elite Member
philadelphia USA
 
Futures Experience: Intermediate
Platform: TOS, Sierra Chart
Broker/Data: TD Ameritrade, Infinity Futures
Favorite Futures: options, Russell emini futures
 
Posts: 74 since May 2011
Thanks: 50 given, 50 received

A Traders Road


Yes, it is Scott Landers. Met him at one of Mel's classes. Have taken classes developed and presented by Scott through Marketgauge.com Unfortunately, since the strategies were proprietary to Scott, they are no longer offered/available through Marketgauge. The website was a long-term goal of Scott's.

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  #104 (permalink)
Elite Member
philadelphia USA
 
Futures Experience: Intermediate
Platform: TOS, Sierra Chart
Broker/Data: TD Ameritrade, Infinity Futures
Favorite Futures: options, Russell emini futures
 
Posts: 74 since May 2011
Thanks: 50 given, 50 received

AWT - Track Record


SawDr View Post
He said that he didn't have a losing week, he never said not a losing TRADE...there are plenty of losing trades called in the room - several yesterday.

Thanks for the clarification.

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  #105 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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Moderator Note


I made an error with my last post made a minute ago - and have deleted it. My apologies.




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  #106 (permalink)
Elite Member
Thailand
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: Oil
 
Posts: 5 since Jun 2012
Thanks: 0 given, 5 received

AWT

Just my 2 cents.... I signed up (and paid) for the trial and as I forgot about the recurring payment I'm in for another month. Am I impressed? No. A trade room that does not place live trades in front of your eyes leaves room for evasive arguments. I have seen her calling 2 NQ long trades at the end of a ralley into supply zone which both lost and I wonder why somebody would do that and on the other hand ignore the very profitable ralley prior to that. At another time I missed a short trade she did not call but suddenly showed up. I asked and she said bluntly I should pay attention as she had mentioned earlier that she "might consider" such trade. Well, without stop order placed in advance there would have been no chance to get into that trade as it was a fast moving break out. And the constant propaganda that she can't tell why she took a trade because those secrets you will all learn in the trading course is not appropriate for a trading room people pay for. And "this is a risky trade our course members would not take", so why does she initiate that in the trading room?. Again...there is no live trading at her end...so I will be gone after the month I paid for.

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The following 4 users say Thank You to rplust for this post:
 
  #107 (permalink)
Elite Member
Concord, CA
 
Futures Experience: Intermediate
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Posts: 224 since Oct 2009
Thanks: 915 given, 271 received

She's an excuse CLOWN

I paid for a week then she offered a free week. The last 3 days she had as rp stated 5 losing trades. She explained 3 away, by saying that in her course she "DOES NOT TEACH THOSE ENTRIES SINCE THEY ARE AGGRESSIVE STYLE, SHE ONLY TEACHES CONSERVATIVE TRADES" She states she only calls them to give more trades to her paying trading room clients. Ok, that makes since to me...NOT......she calls trades that are first wave trades that have a low rate of break-out or follow through (Notes: she does not say that her aggressive trades are first wave trades, but my wave counting software from BBT has matched her on all trades but 1. Her so-called conservative trades I think are 3rd wave trades, which have a higher rate of success-near 70-80%. I really do not care about losses, as long as they are to plan. The issue I have is ....do not make excusses for loses, and take ownership of them in the room on those trades she didn't do that....by saying that I only call aggressive trades so the trading room has trades.....that to me is just stupid, then just explain them away that she does not call them in the training room. It just lacks the usual trading room crediability that most rooms do not have...I will add her to my list. Now for those you you have no problem with that then good for you.....but I want to spend my money on a trading rooms transparency, and thruthfulness.....like I said losses are a true reality....just don't make excuses....I really like honesty....and that is where I will spend my hard earned money....not excuses.



rplust View Post
Just my 2 cents.... I signed up (and paid) for the trial and as I forgot about the recurring payment I'm in for another month. Am I impressed? No. A trade room that does not place live trades in front of your eyes leaves room for evasive arguments. I have seen her calling 2 NQ long trades at the end of a ralley into supply zone which both lost and I wonder why somebody would do that and on the other hand ignore the very profitable ralley prior to that. At another time I missed a short trade she did not call but suddenly showed up. I asked and she said bluntly I should pay attention as she had mentioned earlier that she "might consider" such trade. Well, without stop order placed in advance there would have been no chance to get into that trade as it was a fast moving break out. And the constant propaganda that she can't tell why she took a trade because those secrets you will all learn in the trading course is not appropriate for a trading room people pay for. And "this is a risky trade our course members would not take", so why does she initiate that in the trading room?. Again...there is no live trading at her end...so I will be gone after the month I paid for.


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The following 2 users say Thank You to tradermark2009 for this post:
 
  #108 (permalink)
Membership Temporarily Revoked
toronto, ontario/canada
 
Futures Experience: Beginner
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Favorite Futures: TF, Currencies, ZS
 
Posts: 133 since Oct 2011
Thanks: 100 given, 57 received

do you have the URL for BBT? Would like to check it out. Thanks

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  #109 (permalink)
Elite Member
Philadelphia, Pa
 
Futures Experience: Advanced
Platform: Ninja 7
Broker/Data: Amp/CQG
Favorite Futures: CL, ES
 
longboat's Avatar
 
Posts: 136 since Jun 2009
Thanks: 887 given, 188 received

Yea and I bet the losers don't appear on the monthly track record. Most don't.

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  #110 (permalink)
Elite Member
london uk
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: Stocks
 
tellytub's Avatar
 
Posts: 409 since Jun 2009
Thanks: 333 given, 118 received


what I dont understand is in the performance menu it all looks amazing, but are they all the "aggressive" trades that people are NOT supposed to take ... as you're supposed to take the conservative trades.

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