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Is School of Trade legitimate? (www.schooloftrade.com)


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Is School of Trade legitimate? (www.schooloftrade.com)

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  #91 (permalink)
Houston,Tx
 
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benrock View Post



And if my words are inconsistent cause I'm on my iPhone driving with 4 kids in the backround , lol

@benrock

Are You are texting while driving with 4 kids in the car...

I'm just a simple man trading a simple plan.

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  #92 (permalink)
hampton bays
 
Experience: Master
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thanks fibee ., you are right , im looking for something that probably dosent exist , cause if it did who would sell it .

they offered me advanced membership for $1800 so i figured it was good deal , but maybe i should rethink my plan , i did however make money with him on the demo ill give him that and i use his range trend line trading now and its pretty good . i dont know , i just wanted to let people know that i had a good experience with SOT and made money .

anyway happy easter fellow traders , sorry if i was rude to anyone

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  #93 (permalink)
Las Vegas, NV
 
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From reading these last posts, and viewing the YouTube video BM just posted here about live rooms, I wanted to give my 2-cents here, since I "used" to have a live room.

Here is the link to my post (confession):

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  #94 (permalink)
Boston, MA. United States
 
Experience: Intermediate
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Posts: 144 since Sep 2011
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@benrock,

If you want to find companies that specialize in automation I would take a look at some of the Ninjatrader partner presentations on their youtube page, or some of the webinars here.

A couple that I have bookmarked for future reference and consideration are EnigmaTrend, Zero-effort Trading, and EOTPro. All of these companies seem to specialize more in the automated field. I am not affiliated with any of these companies or have any experience using their software. They may all suck for all I know, but they seemed very interesting to me at first glance.

Another thing I want to point out about the SOT's automation:

I did not make money with his system. That includes his most current version the "JJ Flex Strategy" or the previous versions. His newest version seems to be an automated entry with a discretionary exit. Without going into too much detail I find this problematic for a bunch of reasons, and personally I kind of feel like it is a way for him to put the responsibility of the results you yield from the strategy, on your own discretionary exiting vs the accuracy of the strategy itself. I am not an expert in automation or programming so anyone who is reading this, by all means prove me wrong but I feel like any kind of discretion on your part essentially contradicts the very point of automation. This is very similar to the way that he avoids responsibility of loosing trade calls in the room. A losing trade becomes a good "learning experience".

Anyways, Happy Easter.

Fibbee

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  #95 (permalink)
hampton bays
 
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fibee what site are you looking at cause the sidewaysmarkets .com is updated every day from SOT and its very detailed ,

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  #96 (permalink)
Boston, MA. United States
 
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benrock View Post
fibee what site are you looking at cause the sidewaysmarkets .com is updated every day from SOT and its very detailed ,

Automated Trading Systems: Proven & Profitable Automated Trading Strategies

this is the blog for all the sot automated strategies.

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  #97 (permalink)
hampton bays
 
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when ur right ur right ,

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  #98 (permalink)
Manchester
 
 
Posts: 31 since Feb 2010
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Take a look at this post on my BLOG from benrock back in January, apparently he had just completed a 2 week trial then and his post says that he just paid for an advanced membership. www.schooloftrade.com & James Wave Review: LEGAL ACTION PENDING : SCHOOLOFTRADE.COM.



benrock View Post
I don't want to start a fight in hear but do you people understand what your saying ?

Why would it matter if he trades live , imagine how hard it is to run a chat room and explain every trade and trade live at the same time ,

I did 2 free sesions and he made over $1000 every day so finally the last week I shadow traded him and I made the same but I only uses 2 contracts so I made half but he's calls we're clear and legit.

All he's tring to do is teach you how to trade I mean he even gives health advise and life advise . He's live every day , yes he talks alot but he is also a yOung guy , I like it gets u pumped for trading .

As with any product there will be people like Lloyd that don't like it and cause a problem so I wouldn't let him steer u away , just like Toyota with throttle sticking but they make a great car stilll.

Take a free coarse and look at his profit , he makes money for you that is all he works for is you .

I called global futures and spoke to his broker and he does trade live most of the time and that's all they could tell me on the phone . The fact if he trades live or sim dosent matter cause he trades for you

Just sick of all these people hating on someone tring to help us , yea his fee is a little high but it's negotiable and the auto trader makes that back in a month anyway , look at other sites , some guys charge thousands just for a strategy that might it work .

Anyway check it out for yourself but go into it with a positive head and see if it's right for you. I'm going to join this week and I'll keep u informed


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  #99 (permalink)
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@benrock,

Can you confirm you are not associated with this vendor in any way? Are you affiliated with his room? Do you know this vendor personally?

Mike

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  #100 (permalink)
hampton bays
 
Experience: Master
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no mike i have no contact or conection with school of trade , ill forward you my emails to them asking questions about service if needed . all i did was take a demo ,

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