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I think Norden overhypes how different his techniques are because his take is that most retail traders have not been exposed to dom scalping. i also don't think he is hyper selective. I've only talked to one person who attempted to take lessons with him who was gently turned down based on a qualifier Ive heard no other Norden student use. Likely using that excuse to turn away a newest of newby noobs who would probably not take well to the technique.
I had to strangle information out of some of his students, and when we've gotten into the meat of things, they've paid almost $5000 for what I figured out on my own studying the DOM using the small granules of information Norden has shared. I also showed them things Norden didn't show them. He only makes it sound hyper difficult because most retailers have limited exposure to dom, scalping, not using charts and they resist what he says.
I've lost interest in Norden once I hit near the numbers he has said you are supposed to reach as a scalper... My only interest now would be to dig and see what else he isn't sharing that could create edge.
However I did take your advice and I should have read the thread more closely.
For those interested he aims for 1 to 3 ticks profit per trade with an 80% win rate, trading 10 to 50 times per session.
So I suppose depending on how many contracts you trade with your daily haul should be about 1k to 10k.
There is someone on this site (probably on this thread) claiming to be a student of Gary's who is offering to sell Gary's material. Don't get scammed - someone has already been scammed out of $$$.
I got that one too.
For completeness, the above quoted email by ALC77 was sent out from Gary Norden on January 2nd to people who have either requested updates via email on his website (me), or are a client of Organic Financial Group.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
I got that email too. The only Norden student on FIO, or at least someone who has identified themselves as a Norden student is Meadows... I doubt he would still be around if he has scammed people, or perhaps scammed ppl might be too ashamed to admit they were scammed on the forum?
