Meritt Black SMB Capital Futures - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Meritt Black SMB Capital Futures
Updated: Views / Replies:4,714 / 14
Created: by tpredictor Attachments:0

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 100,000 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
 
Thread Tools Search this Thread
 

Meritt Black SMB Capital Futures

  #11 (permalink)
Albany, New York, USA & sometimes Central Florida
 
Trading Experience: Intermediate
Platform: Tradovate+Jigsaw, TOS
Broker/Data: Tradovate/CQG, TOS/Pony Express
Favorite Futures: Energies, Indexes, Grains
 
Posts: 153 since Mar 2016
Thanks: 471 given, 328 received

Any new thoughts or insights

I have been following a lot of the videos posted by SMB and SMB Futures and see a lot of value in their presentations. I am in need of a new chat room that is not populated with a ton of noise and distraction. Has anyone else joined their slack room or does anyone else have another perspective they could share,

Thanks,
Mighty

Reply With Quote
 
  #12 (permalink)
Legendary Market Wizard
Columbus OHIO
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES,
 
MiniP's Avatar
 
Posts: 858 since May 2017
Thanks: 845 given, 1,960 received


Mightynorsman View Post
I have been following a lot of the videos posted by SMB and SMB Futures and see a lot of value in their presentations. I am in need of a new chat room that is not populated with a ton of noise and distraction. Has anyone else joined their slack room or does anyone else have another perspective they could share,

Thanks,
Mighty

chat 2 on fio is where all the kool cats hangout


-P

"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
Reply With Quote
The following user says Thank You to MiniP for this post:
 
  #13 (permalink)
Legendary Elite Member
Wiltshire, United Kingdom
 
Trading Experience: Beginner
Platform: Jigsaw daytradr
Favorite Futures: US Equity Index Futures
 
matthew28's Avatar
 
Posts: 666 since Sep 2013
Thanks: 1,264 given, 1,075 received



Mightynorsman View Post
I have been following a lot of the videos posted by SMB and SMB Futures and see a lot of value in their presentations. I am in need of a new chat room that is not populated with a ton of noise and distraction. Has anyone else joined their slack room or does anyone else have another perspective they could share,

I joined out of curiosity after seeing a webinar of his. He trades predominantly Crude Oil as do most of the people there, plus a few NQ or ES traders.
Merritt plus a lot of others post their premarket hypotheses, mostly based on Market Profile levels. It is usually fairly busy for the first couple of hours then dies off.
There are badges for Trusted people, SMB students/mentees. I have never been in a chatroom before and some people sound very competent but there is also a fair few new people shouting out their trades and asking really basic questions. There are multiple rooms though, one just for live market talk analysis then the other more general one. Merritt recently mentioned he has thought about banning trade calls, where people simple type in where they just goy long or short without any reasoning or analysis, which would be good. He is also strict and kicks people out at the drop of a hat if they are disrespectful or just repeatedly annoying.
Personally I am going to cancel after three months simply because I don't look at in real time, I usually read it the following day and found his recap videos interesting to watch but otherwise don't really use it.
Having said that though I think it is worth a look, especially if you trade Crude.
At the end of the day though, it will only cost you $7 a month so just try it and see.

Trading, ideally structured, is a vehicle for expanding consciousness, not damaging it. - Brett Steenbarger
Reply With Quote
The following 3 users say Thank You to matthew28 for this post:
 
  #14 (permalink)
Albany, New York, USA & sometimes Central Florida
 
Trading Experience: Intermediate
Platform: Tradovate+Jigsaw, TOS
Broker/Data: Tradovate/CQG, TOS/Pony Express
Favorite Futures: Energies, Indexes, Grains
 
Posts: 153 since Mar 2016
Thanks: 471 given, 328 received


matthew28 View Post
I joined out of curiosity after seeing a webinar of his. He trades predominantly Crude Oil as do most of the people there, plus a few NQ or ES traders.
Merritt plus a lot of others post their premarket hypotheses, mostly based on Market Profile levels. It is usually fairly busy for the first couple of hours then dies off.
There are badges for Trusted people, SMB students/mentees. I have never been in a chatroom before and some people sound very competent but there is also a fair few new people shouting out their trades and asking really basic questions. There are multiple rooms though, one just for live market talk analysis then the other more general one. Merritt recently mentioned he has thought about banning trade calls, where people simple type in where they just goy long or short without any reasoning or analysis, which would be good. He is also strict and kicks people out at the drop of a hat if they are disrespectful or just repeatedly annoying.
Personally I am going to cancel after three months simply because I don't look at in real time, I usually read it the following day and found his recap videos interesting to watch but otherwise don't really use it.
Having said that though I think it is worth a look, especially if you trade Crude.
At the end of the day though, it will only cost you $7 a month so just try it and see.


Hey Matthew,
thanks for the response. I have ended up joing and have found some positive take-aways from being in the SMB Futures Room. There more I can see how others do it and the more tricks of the trade (work ethic, accountability ect . . .) hopefully the better I will become.

I have only been in the SMB chat for a short time, so time may adjust my thoughts but it hasn't been a place for lively conversation. For the most part it is a repository for morning prep sheets and daily report cards with the occasional market discussion. I am glad I joined and will stay for a while longer hoping to glean more insight and contribute what I can.

Reply With Quote
The following user says Thank You to Mightynorsman for this post:
 
  #15 (permalink)
San Francisco USA
 
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES, NQ, 6E, CL
 
Posts: 11 since May 2018
Thanks: 4 given, 12 received

Blind leading the Blind much of the time.

Iíve been a subscriber to the SMB Futures slack room for almost a year, at $7 per month there is definitely plenty of value there. As a member of the room itís up to each individual to get the most out of the room. Ask questions and seek answers.

From my experience in the room there is minimal input from senior traders and much of the time the room feels like itís the blind leading the blind. While Merritt does show his preps and trade ideaís from time to time there is no consistent format within the room as there is in other rooms. When I joined the room about a year ago, he was doing regular live streams and reviews, he no longer does this. At the start of 2019 he started doing regular end of day reviews, outlining trade ideaís and potential ways the day could be traded, this has also ceased. Sometimes he is very active in the room with reviews and trade ideaís and at other times he is almost totally absent and his contributions are minimal.

I also felt the room was continuously being used as a sales marketing tool for the SMB courses on offer. I consistently see quotes like: my students are killing it today or Iím proud of my current mentee class as they nailed it today.
When I asked simple questions on where a level came from I was often told it was a market profile level using various time-frames and that there was no easy way of explaining it, and all is explained in the MP and Mentee courses.

While these sort of comments are great too see, I feel itís all a sales pitch. I recently spoke to one of the menteeís who has completed the profile course and the mentee program and he tells me (at time of writing this) that non of the traineeís or menteeís are yet to consistently trade the firms capital. Most struggle to pass the tryout. This is worrying as my understanding is that more than 90 people have completed the mentoring group classes as offered by SMB Futures yet the two traders who are trading the firms capital did not come through the educational arm of SMB. This is a worry.
I certainly will not be paying the big money for these courses with that sort of strike rate.

For $7 per month itís certainly worth a look. Just be careful of the up-selling.

Reply With Quote
The following 6 users say Thank You to GinTrader for this post:

Reply



futures io > > > Meritt Black SMB Capital Futures

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Nova-Futures with MES Capital diableman Trading Journals 37 May 12th, 2016 02:02 PM
SMB Capital trading NYC, has anyone done this in house training ? anthony667 Trading Reviews and Vendors 9 March 13th, 2016 01:09 PM
Webinar: Mike Bellafiore (SMB Capital) - The Future of Trading Big Mike Traders Hideout 39 March 20th, 2015 11:27 PM
Percentage of Capital Allocated to Futures dgresens Psychology and Money Management 2 February 3rd, 2011 12:53 PM
Great interview with Mike Ballafiore, founder SMB Capital, author of "One Good Trade" shodson Psychology and Money Management 3 October 24th, 2010 09:05 AM


Tags
algos, brett steenbarger, buy, chat, chat room, courses, crude, crude oil, dom, dow, feedback, futures, futures trading, information, market profile, nq, options, people, price action, pro trader, profit target, profitable, quotes, real time, review, reviews, sample, scaling, short, sim, sim_trading, size, smb capital, standing, steenbarger, systems, tapatalk, top, trade live, trade management, trade setups, traded, trading, trading room, training, type, volatility, volume, volume profile, warning, webinar

All times are GMT -4. The time now is 08:59 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, 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 2019-06-18 in 0.18 seconds with 13 queries on phoenix