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simon jousef's GTR trading room


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simon jousef's GTR trading room

  #21 (permalink)
 rdtw 
Des Moines Iowa United States
 
Experience: Intermediate
Platform: NT Ensign MT4
Trading: drums
Posts: 120 since Sep 2010
Thanks Given: 14,996
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rocksolid68 View Post
I have attended the GTR rooms free Tuesday trials on several occasions.

While I have been in the room they generally do quite well. I got used to their conversational style after awhile.

Question: Does anyone have an idea how they are deriving their "Magnet Lines" that the market "is drawn back to"?

The price for the room is steep but they seem to make money consistently from the sample of time I have watched.

@rocksolid68, I believe it is what they term as unfinished business ... I think

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  #22 (permalink)
 leledc 
Rome
 
Experience: Advanced
Platform: Ninjatrader/Metatrader
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Trading: 6E/EURUSD
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rdtw View Post
@rocksolid68, I believe it is what they term as unfinished business ... I think

No...the so called magnet is a level in the footprint where ask=bid.
10x10
20x20
32x32 etc

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  #23 (permalink)
 jas12 
toronto canada
 
Experience: Intermediate
Platform: ib
Trading: option
Posts: 29 since Sep 2014
Thanks Given: 5
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Anybody can share the tutorial videos of gtr please help

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  #24 (permalink)
 mediaboy 
Durham, NC
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: ES
Posts: 34 since Nov 2009
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jas12 View Post
Anybody can share the tutorial videos of gtr please help

Google is your friend?
[yt]https://www.youtube.com/user/GTRFuturesLiveRoom/videos[/yt]

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  #25 (permalink)
 mediaboy 
Durham, NC
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: ES
Posts: 34 since Nov 2009
Thanks Given: 8
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Is this true? Our beloved Gomi is a member and partner for this GTR room?

I was shocked when i saw this ->

contact-us - Global Trade Room

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  #26 (permalink)
 fourtiwinks 
Singapore
 
Experience: Beginner
Posts: 206 since Jun 2011
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Thanks for posting the link, mediaboy. Wow, what a surprise indeed!

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  #27 (permalink)
 
rocksolid68's Avatar
 rocksolid68 
Duluth MN
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker: AMP
Trading: ES
Posts: 1,027 since Jan 2015
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GTR introduced Gomi as a "partner" on their site a couple of weeks ago.

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  #28 (permalink)
 Eclipse247 
Bath/Somerset/UK
 
Experience: Beginner
Platform: Infinity, IB
Trading: GC,SI, Currency futures
Posts: 8 since Apr 2015
Thanks Given: 2
Thanks Received: 1

I have been attending some of their free trials for a while and Gomi has attended a couple of times while I was there. Market profile interests me.
GTR is a little hard to follow at times. I wonder if the other times of the week when its members only that it may be a little easier. I find the London session to be easier to follow.
Perhaps there are some GTR members here who have more info?
These guys seem to have a good trade plan and do seem to bring home the goods. They are friendly and helpful. Pricey to join. though!

This video explains in a bit more detail some of the indicators and strategy used. Jay does not appear in any of the free trials I have attended.


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  #29 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 641 since Apr 2015
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Eubie View Post
Cons:
- trades are done in multiples of 3 contracts with the same stop (e.g. 6 ticks), with targets being 5 ticks on two contracts and the last is left as a runner. As soon as the smaller targets are reached, the room operator will have made enough money for a "risk-free" trade where he goes for bigger profits. My problems with this is that the first two contracts have risk:reward < 1 which goes against all I feel is right.

That would make me uncomfortable, too, Daniel.

Still, it's a fairly time-honoured method: trade 3 lots with the first target set at half the SL or a little higher, the idea being to close those quickly, covering both dealing costs and the cost of the third lot which can then have a "free run". Joe Ross was teaching this over 30 years ago.

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  #30 (permalink)
 jas12 
toronto canada
 
Experience: Intermediate
Platform: ib
Trading: option
Posts: 29 since Sep 2014
Thanks Given: 5
Thanks Received: 4


anybody
r u member of gtr if yes please let me know about more I am thinking to join but they asking too much I donot know is it worth or not
thanks

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