NexusFi: Find Your Edge


Home Menu

 





Has anyone tried eminiacademy.com?


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one vovan348 with 13 posts (19 thanks)
    2. looks_two Fat Tails with 12 posts (22 thanks)
    3. looks_3 JS12 with 9 posts (6 thanks)
    4. looks_4 omaha786 with 7 posts (1 thanks)
      Best Posters
    1. looks_one jitasb with 9 thanks per post
    2. looks_two trendisyourfriend with 4 thanks per post
    3. looks_3 Fat Tails with 1.8 thanks per post
    4. looks_4 vovan348 with 1.5 thanks per post
    1. trending_up 71,011 views
    2. thumb_up 118 thanks given
    3. group 33 followers
    1. forum 96 posts
    2. attach_file 12 attachments




 
Search this Thread

Has anyone tried eminiacademy.com?

  #71 (permalink)
skyfe
cincinnati united states
 
Posts: 7 since Apr 2011
Thanks Given: 4
Thanks Received: 1


vovan348 View Post
Here is my new video. I'm trying to combine e-mini academy with reversal entries and this is what I've got.
YouTube - 4-27-2011 recap. Day Trading ES

awesome videos man, they help me a lot haha. I am basically trying to do the same thing as you. keep making the videos man.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Are there any eval firms that allow you to sink to your …
Traders Hideout
Deepmoney LLM
Elite Quantitative GenAI/LLM
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
Battlestations: Show us your trading desks!
26 thanks
The Program
18 thanks
  #72 (permalink)
 JS12 
NY
 
Experience: Intermediate
Platform: Ninja
Trading: ES, 6E
Posts: 63 since Dec 2010
Thanks Given: 39
Thanks Received: 38

Well, good luck to you guys trying to make this work.

I have a feeling the vendor from Emin Academy doesn't even use the method he is selling.

He is making $5k a pop selling it to other people so why should he use it? And from what I understand it is a re-make of NexGen (which didn't work too well either from what I hear).

It's easy to sit there and look at a chart of yesterday's action and tell traders where the trades were. Anyone can do that. But let's see him do it in real time. On his blog when he puts up these videos he always points out these magical exit points, and they always seem to be exactly where the market turned. His entry technique seems valid though, but I don't understand how he always seems to get out of the trade at the best possible location. In real time, I would bet a lot of money on the fact that he can't do it the way he shows in his videos.

If you are going to make it work, I suspect you would have to revise the method from the way it is sold, as I have heard from many that they cannot make it work due to the subjectivity of the exits.

But I wish you guys good luck in trying. At least Vovan is honest with his videos, I just wonder how much money he will make.

Just my opinion.

Reply With Quote
Thanked by:
  #73 (permalink)
 
jinhar's Avatar
 jinhar 
mumbai maharashtra/india
 
Experience: Beginner
Platform: Ninja
Trading: Crue/Tf
Posts: 287 since Jun 2009
Thanks Given: 23
Thanks Received: 764


I read in an interview of Chris Dunn that he is making around 1.5 mil a year selling Emini academy courses so i dont think he needs to trade his system the only thing he needs to do is make it more attractive for new customers and increase the prices. ... and btw the subject of the interview was how to make an online business selling trading courses

Visit my NexusFi Trade Journal Reply With Quote
  #74 (permalink)
 JS12 
NY
 
Experience: Intermediate
Platform: Ninja
Trading: ES, 6E
Posts: 63 since Dec 2010
Thanks Given: 39
Thanks Received: 38


jinhar View Post
I read in an interview of Chris Dunn that he is making around 1.5 mil a year selling Emini academy courses so i dont think he needs to trade his system the only thing he needs to do is make it more attractive for new customers and increase the prices. ... and btw the subject of the interview was how to make an online business selling trading courses


Sounds accurate to me. No way is he trading the method. If anyone is interested in signing up with him, they should ask to see his trading account statement first.

Somehow I don't think that would happen.

Reply With Quote
  #75 (permalink)
 
vovan348's Avatar
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
Posts: 460 since Mar 2011
Thanks Given: 612
Thanks Received: 406

I'm not sure if he's trading, or not. The only thing I know that we have to trade something because we've got nothing to sell. I see my future in trading and I don't really care if he trade his system or not. All I know I have to practice a lot and get profitable.

Thank you guys for positive feedback on my videos!!!

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #76 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
Thanks Given: 289
Thanks Received: 773

Vovan,

Good work on doing your online 'video.'

I do them everyday as well, with annotations.

Very helpful and keeps you focused.

Learn everything you can from the method you are testing and trading and make it your own.

See if you can 'quantify' your edge and always strive for consistency.

peace

r247

p.s. always did those authentic russian accents!!

Reply With Quote
Thanked by:
  #77 (permalink)
 
vovan348's Avatar
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
Posts: 460 since Mar 2011
Thanks Given: 612
Thanks Received: 406


researcher247 View Post
Vovan,

Good work on doing your online 'video.'

I do them everyday as well, with annotations.

Very helpful and keeps you focused.

Learn everything you can from the method you are testing and trading and make it your own.

See if you can 'quantify' your edge and always strive for consistency.

peace

r247

p.s. always did those authentic russian accents!!


Thanks a lot. I'm trying. It really helps when you call all your trades out loud (even if it's a mistake). I'm not ashamed of my mistakes and I hope that other traders can learn from my losses. I just made today's video. I'm gonna add link when it's done uploading.

Thanks again!!!

Here is the link:


and here is friday's video:

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #78 (permalink)
 JS12 
NY
 
Experience: Intermediate
Platform: Ninja
Trading: ES, 6E
Posts: 63 since Dec 2010
Thanks Given: 39
Thanks Received: 38


vovan348 View Post
Thanks a lot. I'm trying. It really helps when you call all your trades out loud (even if it's a mistake). I'm not ashamed of my mistakes and I hope that other traders can learn from my losses. I just made today's video. I'm gonna add link when it's done uploading.

Thanks again!!!

Here is the link: YouTube - 4-28-2011 recap. Day Trading ES

and here is friday's video: YouTube - 4-29-2011 recap. Day Trading ES




Vovan, although I do think the EA method has flaws, you are doing a good job with your videos and trying to interpret the MACD.

If this is the method you are going to stick to, then my advice would be to look at 6E.

ES is like watching paint dry. Or at least have them both up so you can monitor them both at the same time.

It might make your day a little more exciting at least.

One thing I will say is that no matter what I think about the EA method, if you spend enough time with it, I guess like anything else, you will start to improve. I don't know that for sure, but what I do know is that any method takes a lot of practice to get good at.

The one problem I have found is that in a choppy market you can take a few losses before you realize that the market is choppy. But this will take time to notice with any method I guess.

Keep up the good work, I like the videos.

Maybe you should start your own thread though for doing the videos. Like your own journal perhaps. Just a suggestion.

Reply With Quote
Thanked by:
  #79 (permalink)
 
vovan348's Avatar
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
Posts: 460 since Mar 2011
Thanks Given: 612
Thanks Received: 406


JS12 View Post
Vovan, although I do think the EA method has flaws, you are doing a good job with your videos and trying to interpret the MACD.

If this is the method you are going to stick to, then my advice would be to look at 6E.

ES is like watching paint dry. Or at least have them both up so you can monitor them both at the same time.

It might make your day a little more exciting at least.

One thing I will say is that no matter what I think about the EA method, if you spend enough time with it, I guess like anything else, you will start to improve. I don't know that for sure, but what I do know is that any method takes a lot of practice to get good at.

The one problem I have found is that in a choppy market you can take a few losses before you realize that the market is choppy. But this will take time to notice with any method I guess.

Keep up the good work, I like the videos.

Maybe you should start your own thread though for doing the videos. Like your own journal perhaps. Just a suggestion.

That is the method I want to stick with. I tried another system earlier but I didn't feel comfortable with their stop losses. The system I'm using right now feels really good without huge losses. I gave the last system about a year and I think that is enough to move on and try something different.

What about ES moves, it's been pretty slow for last couple weeks, but the week before wasn't so bad. I know that CL moves much more but I want to try make money with a choppy market then it will be much easier with big moves.

I'm probably gonna start looking at 6e next week and see how it goes. I traded four markets earlier (ES, 6E, ZB, YM) but that was with old system and one single loosing trade at 6E could put me to -$200.00 and then I needed to get 4-5 wins just to get my money back or get one big move to BE. Now I feel more confident with what I'm doing and my losses should not be that big.

What about choppy market, I think I'm getting better. I use 30 and -30 lines on the MACD to see if trend is strong enough for me to get in or stay out.

I just don't think I'm good enough to start my own thread. May be in a month or so!!!

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #80 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
Thanks Given: 289
Thanks Received: 773


Vovan,

Yea; you really have to be comfortable with the size of your stop loss--I agree.

There is no need to trade a method with a high inverted reward:risk ratio.

Small losses, scratches, moderate losses will not break you.

When you factor in large wins, moderate wins and small wins (without a BIG loser) you ensure you'll never get hurt too much in terms of $$$ and equally important your psychology won't take large hits either.

Large losses and poor reward:risk are very powerful negative reinforcements in trading.

Reply With Quote




Last Updated on October 9, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts