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EMINITUTOR.COM

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  #1 (permalink)
EMiniTrading
Chicago, IL
 
 
Posts: 16 since Jun 2014
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Hello

I read the old journal made by Horst with EMINITUTOR. It started off nicely but then took a different direction. That was many years ago but I ran across his videos and Googled his site for more info/feedback. That's how I ended up finding out about this site.

Basically... I just wanted to see if anyone had any updates on his tutoring? If anyone took it since then? Any info would be greatly appreciated as I am considering it. He does have a lot of videos that obviously shows he knows what he is doing plus a lot of great testimonials on his site from students.

I know many say all this could be faked and what not. It doesn't mean it is. And then that would mean all the traders on YouTube can be fake too.

But that's not my point here... More to find out if anyone has taken his class since then? Or knows any other info that may be beneficial. I would hate to drop that kind of money to get nothing from it. But if it's all that it's claimed to be, then the amount asking is beyond reasonable. To learn his knowledge that was passed down to him in a simpler form. Very nice.

I have zero relation to him or the site just am looking to take his class and want feedback because it's not a couple hundred dollars.

Thank you!

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  #3 (permalink)
EMiniTrading
Chicago, IL
 
 
Posts: 16 since Jun 2014
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Anyone?

Someone has to know something.

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  #4 (permalink)
 Big Mike 
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EMiniTrading View Post
Anyone?

Someone has to know something.

Here is what I know.

You start an account yesterday and proceed to make 10 posts in random threads so that you can accomplish your mission, which was to start a thread in the Vendor Review section about this vendor.

Once that mission was accomplished, you log off.

According to profile information, you are located in the same city as Horst, the person you are "reviewing".

It is highly suspicious activity, generally (based on 5 years experience dealing with this) when someone does what you have done, they are trying to promote something, their own site, a friends site, were asked to do it, etc. All of which we do not allow here on futures.io (formerly BMT), and will lead to a permanent ban without warning.

Giving you the benefit of the doubt, you would be well advised to stop pursuing any vendor. It has been discussed a thousand times over by experienced traders. You have to be willing to do the work, not try to copy someone who is selling something and who's goal is to sell that product.

Mike

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  #5 (permalink)
EMiniTrading
Chicago, IL
 
 
Posts: 16 since Jun 2014
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While I respect your investigating, it could not be any further than the truth. What I said was all real and honest. It makes me think that all the others that were thought of as fakes were probably not.

Regardless. I don't see anything wrong with having a successful trader teach someone how to trade.

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  #6 (permalink)
 tflanner 
Chicago, IL
 
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@EMiniTrading

You asked me via private message if I trained traders. I said no. You never replied to me with a thanks, after i replied.

If you want to get help on this forum, I would suggest a different route.

You do seem suspicious.

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  #7 (permalink)
 Big Mike 
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EMiniTrading View Post
While I respect your investigating, it could not be any further than the truth. What I said was all real and honest. It makes me think that all the others that were thought of as fakes were probably not.

Regardless. I don't see anything wrong with having a successful trader teach someone how to trade.

Others have flat out lied before, and then been caught in lies. Unfortunately, you cannot simply trust someone when they are promoting something for sale.

Mike

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  #8 (permalink)
EMiniTrading
Chicago, IL
 
 
Posts: 16 since Jun 2014
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Yes. I completely understand and I don't fault you for being skeptical. I get it. Did I come on here mainly to get advice on EminiTutor.com? Yes I did. But I have no affiliation with him.

Again, I get it but that's what boards were created for. You won't hear me say good things about the training or site because I have no idea. I'm only curious on those who have taken it. That's it.

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  #9 (permalink)
EMiniTrading
Chicago, IL
 
 
Posts: 16 since Jun 2014
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tflanner View Post
@EMiniTrading

You asked me via private message if I trained traders. I said no. You never replied to me with a thanks, after i replied.

If you want to get help on this forum, I would suggest a different route.

You do seem suspicious.

I have not had a chance to reply yet, my man.

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  #10 (permalink)
 kbit 
Aurora, Il USA
 
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You don't need to pay him or anyone else anything...what you saw posted in that thread will show you the methodology.

I don't remember the whole thing exactly but the fact that no one picked up where he left off should tell you something.

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  #11 (permalink)
 RMorgan 
Denver, CO USA
 
Experience: Intermediate
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Posts: 15 since Aug 2011
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I have a friend that is trading his method.

He's currently trading only 1 contract on the TF. He's only recently gone live after about 18 months of historical analysis, replay trading, etc. He's been live for about 2 months. His first 3 weeks were rocky as he let some of his emotions get to him, but lately (over the last 4 weeks) he's been trading well. He's still having an issue cutting some of his trades off too early, but he's only had 2 red days in the last 4 weeks, and he's averaging $120/day (before commissions) on that one contract.

The method Horst shows is legit - but I don't think it's ground breaking or a big secret. He shows you how to use Fibonacci levels and MACD bb's over several time frames to determine the probability of pivots occurring. When the MACD BB's indicate that a move is coming AND it coincides with an established fib level you enter the trade. The mechanical part of the trades isn't what is going to really help you all that much. That knowledge is fairly well known and can be researched and confirmed with historical study of the market you're wishing to trade. If you're struggling then more than likely your mental makeup needs to be improved.

I have ZERO affiliation with Horst. I've never given him a dime, I've never taken a dime from him. I have been subscribed to his email list and I know 2 former students. One student that trades well because he's taken the time to master himself and another that can't trade this (or any) system because they have too many psychological issues.

I hope that helps.

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  #12 (permalink)
EMiniTrading
Chicago, IL
 
 
Posts: 16 since Jun 2014
Thanks: 1 given, 0 received

Anyone else?

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  #13 (permalink)
 tturner86 
Portland, Oregon
 
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I believe the lack of response speaks volumes.

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  #14 (permalink)
 matevisky 
Budapest, Hungary
 
Experience: Intermediate
Platform: Ninjatrader
Broker: TopstepTrader
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Posts: 469 since May 2013
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I am using Horst method 70 percent. Based on my own research and because I am trading the YM not the Russel it is a bit different. What you should know about this it is more subjective than objective. Meaning you can always justified the market move with it
But. Just like your friend I have been started it one year back. This is not a shortcut it will not you make you reach it is what everything else. A method what you have to master your own! So I agree with @RMorgan. Only thing what I can say I loved my session with Horst, he is a funny guy, but I have choosen him based my own research and after I have checked his video blog.
And again the road and the journey is there no shortcut no holy grail, only you can make it at the end

Máté
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  #15 (permalink)
 jays 
new york
 
Experience: Intermediate
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Posts: 1 since Jun 2014
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i have taken the course and for me i have nothing but praise for the program . I have been consistently positive and i do know from others who have taken the course have the same perspective. you're right , its not just a few hundred dollars but after taking the course and have a new incite 'under the hood' on how things work i cant imagine NOT taking the course and trading the emini's
thast my personal take
J

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  #16 (permalink)
 loopcap 
columbus, OH
 
Experience: Intermediate
Platform: ninjatrader
Trading: Futures
 
Posts: 3 since Mar 2015
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I was trading the TF and built my system around Horsts... I think it's ridiculous that ICE wants to bleed traders for data so I switched to the mini-nasdaq and I gotta tell you I love this market more than the TF.

for this original post and anyone who reads the thread... I just think it's all about research, studying, looking for correlations, managing risk and patience. Personally, If I was making $10k or more a week trading the market, I certainly wouldn't need $5k from students.

The BB's are a great indicator, but really - it's about seeking out areas of confluence and using the only 'real time' indicator that's available which is price action. Horst from what I have studied is very consistent, but that consistency is really developing patience and not pushing for huge targets. He manages risk very well.

Again, I implore anyone who's seeking to plop down $5k on a tutor to really give it a go on there own. Mike has done an AMAZING job creating this awesome place for day traders of all shapes and sizes and all the indicators you need are all here for free. Thanks to Mike i've been able to pick up some great additional tools on here that I didn't have access to. I believe this is my first post on here and I'll try to get better at posting. But seriously, put the time in. Don't be in a hurry to quit your day job and jump into this full time. If you put the work in, meaning that you'll read and research and study charts, you'll figure it out. I spent 5 to 10 hours a day at night after work reading anything I could and studying the market. I was obsessed and passionate about learning it. To me it wasn't a job, it wasn't a get rich quick scheme, it was a career move that I eventually want to jump to. As they say, if you love what you do you'll never work a day in your life and trading is certainly a love that I have found.

That's just my 2 cents.

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  #17 (permalink)
Pedro40
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 377 received

The last 2 posters praising the website had 1-1 posts for more than a year...

Eminitutor has been up for almost 5 years, yet no real live trading performance is posted. Not even a Collective2 account, to show the possibilities...

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  #18 (permalink)
 loopcap 
columbus, OH
 
Experience: Intermediate
Platform: ninjatrader
Trading: Futures
 
Posts: 3 since Mar 2015
Thanks: 0 given, 6 received


Pedro40 View Post
The last 2 posters praising the website had 1-1 posts for more than a year...

Eminitutor has been up for almost 5 years, yet no real live trading performance is posted. Not even a Collective2 account, to show the possibilities...

Did you read my entire post? I never took Horst's course. I'm not praising his site, but I will praise his trading, whether it's real or not, on youtube. He's consistent and I have to respect that.

I don't know his system, just the indicators he's using. I've been able to take those indicators and by using them I've found something that's working for me. They are all available on this site.

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  #19 (permalink)
 Vincent Vega 
Beer Sheva,Israel
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ampfutures/CQG
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loopcap View Post
Did you read my entire post? I never took Horst's course. I'm not praising his site, but I will praise his trading, whether it's real or not, on youtube. He's consistent and I have to respect that.

I don't know his system, just the indicators he's using. I've been able to take those indicators and by using them I've found something that's working for me. They are all available on this site.

loopcap can you share with us your experience with the tools and how you managed to make them work for you?
Namely Please elaborate on your system...

“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
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  #20 (permalink)
 yaseen 
Pembroke Pines
 
Experience: Intermediate
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Trading: TF
 
Posts: 21 since Dec 2011
Thanks: 0 given, 29 received


EMiniTrading View Post
Hello

I read the old journal made by Horst with EMINITUTOR. It started off nicely but then took a different direction. That was many years ago but I ran across his videos and Googled his site for more info/feedback. That's how I ended up finding out about this site.

Basically... I just wanted to see if anyone had any updates on his tutoring? If anyone took it since then? Any info would be greatly appreciated as I am considering it. He does have a lot of videos that obviously shows he knows what he is doing plus a lot of great testimonials on his site from students.

I know many say all this could be faked and what not. It doesn't mean it is. And then that would mean all the traders on YouTube can be fake too.

But that's not my point here... More to find out if anyone has taken his class since then? Or knows any other info that may be beneficial. I would hate to drop that kind of money to get nothing from it. But if it's all that it's claimed to be, then the amount asking is beyond reasonable. To learn his knowledge that was passed down to him in a simpler form. Very nice.

I have zero relation to him or the site just am looking to take his class and want feedback because it's not a couple hundred dollars.

Thank you!


EminiTrading, these types of questions are so contentious on these types of forums and its sometimes seems like a waste of time, but I will try and answer the question as straight forward as possible.

1. I first was introduced to trading in 2010, came across Emini Tutor on YouTube and took his class in 2012.
2. I tried my first live account in 2011 and quickly blew that out and in hindsight I didn't have a strategy.
3. I have no affiliation with Horst/Emini Tutor, I am not paid by him, enrolled in any of his classes or aspiring to be his employee.


Now to the question at hand. I learnt from Horst how to trade his system and a few other trading principles I didn't know about (remember I was a newbie). Therefore, at my level of experience his class was good. His advice on how to get my trading started i.e. transition form sim to cash etc was sound.

Personally, I use a modified method what he taught me and different bar types and that's what i'm comfortable trading. So I would say if you don't have a system, and you find his method or any other trader/educator method suits your style investigate the system, but don't think that you have to follow it blindly. I would say be wary of looking for the holy grail because there is none! It will take perseverance to make it in this business.

The system he uses does not rely on proprietary indicators, and to be frank when I watch his videos I can see that he does not follow his indicators blindly but relies on a lot of experience.

In regards to the fake videos, if he's using a sim account, etc all i can say is it standard operating procedure for every vendor to be suspect. At some point I will post live videos/screenshots and I know the next question will be show me your DOM. Then let me see the daily statement, let me see the monthly statement, let me see your tax returns, how about a bank statement, how about giving me your online bank login. But that is the way it is.

If you have any questions ask them and I will try my best to answer them.

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  #21 (permalink)
 loopcap 
columbus, OH
 
Experience: Intermediate
Platform: ninjatrader
Trading: Futures
 
Posts: 3 since Mar 2015
Thanks: 0 given, 6 received


Vincent Vega View Post
loopcap can you share with us your experience with the tools and how you managed to make them work for you?
Namely Please elaborate on your system...

Personally - I'm still working on my system. I can tell you the only real indicator that I've found that has any merit is the price being quoted on the screen in front of you. I think the BB's resonate for me because I'm a visual learner. So on a longer term time frame it can help you identify trends if the bb's are riding the rail. It can help you find areas of support and resistance as the bb's pull away (separate) from the rail.

They work good and they also work bad! Being newer to the game (only 2 years in) I took for granted that separation at a particular area, say a measured move at a 61 has to be gospel and it needs to move up/down depending on the direction. So I'd take some more risk wouldn't have an appropriate target identified, didn't have much of a clue what was going on inside the price action taking place... back to the drawing board. Personally, I'd love to trade without indicators all together like Al Brooks.

As I do more research into this, I continue to find that managing risk is your life preserver in this game. Not assuming things is another. Not being extremely bias is another. And lastly figuring out what price is telling you. I don't think the indicators are wrong, they are smoothing out price action for you. A perfect example is when I was watching the GC. Nice impulse move up and it started trending down with the 6765 bb on the rail pushing up. I wanted to see a measured move at the 50/61 with separation on a 377 bb. I got it and got take out. I then re-entered and got taken out as it pushed much further down before finding support and then it shot back up.

I can tell you that I've done TopStep quite a few times, found some success but failed each time. Mostly due to me relying indicators hoping they'd tell me where to get in and being frustrated and not managing my risk or understanding what price is telling me. I haven't succeeded yet in finding consistency and my only plan is to not quit. Every time I fail, I know I'm that much closer to finding success. So I continue to read and watch videos and try to pick up anything I can that can clue me in on why certain things are happening in the market. I've been tempted to pay someone to teach me how to trade, but I don't want to know how, I want to know why things happen. I'm not saying having a mentor is a bad thing, I would love to have one, and have yet to find one. But I always had to ask the question, why would someone need to make $5k off someone if they are consistently pulling $10 to $50k a month out of the market. Why wouldn't they want everyone trading their system, but then if everyone did would price even move, lol!

So, is the system working for me yet, no. Do I find the indicator to be helpful, sure, any clue you can get is helpful but after two years of trying to rely on them and not find consistency, I have moved on, I'm working on a system that incorporates on a longer term time frame, the 6765 and look at something shorter like a 377. I'm looking at market structure and more importantly I'm going to focus on what price is telling me and focus more on my risk and managing that then just looking at an indicator. I still think an indicator can help provide some insight, but certainly not gospel. Also, TopStep is great because you only have to pay a fee and not blow out of a live account. I have no problem paying a hundred some bucks a few times while I'm trying to find a system that works for me rather than blowing out of an account!

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  #22 (permalink)
 Vincent Vega 
Beer Sheva,Israel
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ampfutures/CQG
Trading: TF,6E,CL,YM,NQ
 
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Posts: 177 since Sep 2011
Thanks: 49 given, 54 received

Thank you my friend.
I wish you success as soon as possible.

“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
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