Is School of Trade legitimate? (www.schooloftrade.com) - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Is School of Trade legitimate? (www.schooloftrade.com)
Updated: Views / Replies:105,451 / 259
Created: by Aragorn Attachments:24

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 90,000 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
 24  
 
Thread Tools Search this Thread
 

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

  #21 (permalink)
Elite Member
Wodonga Australia
 
Futures Experience: Intermediate
Platform: NT, MT4
Broker/Data: tba
Favorite Futures: tba
 
Linds's Avatar
 
Posts: 288 since Jul 2010
Thanks: 335 given, 273 received

I watched the 11-05-2010 video from the blog and don't see what is too good to be true earning 320 ticks on 4 contract trades. I know many people earning over 500 ticks daily and I made myself 101 ticks on 1 contract scalps this Friday. I only traded the Russell2000.

His teaching is great so I don't see why he would fake it....but I may still be a naive newbie.


Hey Pico trader
You could probably buy SOT if you make 100 ticks per day easily on 1 contract on one instrument.
You and your friends should open your own school with results like that.
Any chance of explaining your methodology?
thks

Reply With Quote
 
  #22 (permalink)
Trading Apprentice
Montreal
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CannonTrading /
Favorite Futures: Crude, TF
 
PiCoTrader's Avatar
 
Posts: 40 since Mar 2010
Thanks: 148 given, 47 received

Hi Lloyd,

As I told you, every trading system works in some point but what about our executions?

1. JJ's entries based on the Time/Sell window as last confirmation signal is absolutely not working for me.

2. JJ taught me all I know about Futures Trading and I wanted to buy the PaceOfTape indicator.
The most important aspects of trading that I've learned from JJ is "to stop over trading" and "Discipline".

To me it all was worth it!
though it never was profitable to pay for the course. We also have to take our share of responsibility.

Today, I don't attend the SOT room often because JJ just repeats himself over and over so I don't need to be there anymore.

I took all I could from JJ and moved on to become a pro trader!

Since you brought our attention at "who made it using the SOT system"
JJ did indeed change his disclaimer and stopped pretending to trade a live account.
Disappointing! Does not smell good!


You actually may be a whistle blower Lloyd


Last edited by PiCoTrader; January 17th, 2011 at 10:08 AM.
Reply With Quote
 
  #23 (permalink)
Trading Apprentice
Montreal
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CannonTrading /
Favorite Futures: Crude, TF
 
PiCoTrader's Avatar
 
Posts: 40 since Mar 2010
Thanks: 148 given, 47 received



Linds View Post
Hey Pico trader
You could probably buy SOT if you make 100 ticks per day easily on 1 contract on one instrument.
You and your friends should open your own school with results like that.
Any chance of explaining your methodology?
thks


Hi Linds,

Your remark is not helping anybody here.
You assume I do this every day regardless of the market conditions.

I trade every day but I don't take trades every day.
It could be 2 weeks before I take a trade mostly because I don't trust the market speed. That's the main reason that come out from my Live trading journal.

I often see many entries but don't take them, though I should ( they end up being winning trades.)
It is a lack of discipline but also a lack of knowledge about the instrument personality.
The market conditions ( speed, volatility ) is what concerns me.
Dealing with stalling price (a portfolio killer) and preserving capital is essential. Not taking trades at all cost.

About my trading strategy, it is based on Jeff's "All you need" template and using the TsSupertrend + Adxvma indicators. You add up thousands of hours watching the market behavior and get a feel about the real job we do = risk manager!



Come join us in the Skype Trading room if you trade Live


Last edited by PiCoTrader; January 17th, 2011 at 11:41 AM.
Reply With Quote
 
  #24 (permalink)
Trading Apprentice
Manchester
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: zen
 
Posts: 31 since Feb 2010
Thanks: 0 given, 13 received

Pico Trader

You should look at post #115 on the trade2win thread regarding SOT, again I cannot link yet as I am a new member. However, you did not need to pay JJ for the pace of tape indicator, it is not even his code. The original author of the pace of tape indicator made it available to others for free. I understand that JJ has just taken his code and modified it to look different. The author also offers advice as to when he feels this indicator works and when it does not, probably worth talking to him if you plan to use this tool in your future trading.



PiCoTrader View Post
Hi Lloyd,

As I told you, every trading system works in some point but what about our executions?

1. JJ's entries based on the Time/Sell window as last confirmation signal is absolutely not working for me.

2. JJ taught me all I know about Futures Trading and I wanted to buy the PaceOfTape indicator.
The most important aspects of trading that I've learned from JJ is "to stop over trading" and "Discipline".

To me it all was worth it!
though it never was profitable to pay for the course. We also have to take our share of responsibility.

Today, I don't attend the SOT room often because JJ just repeats himself over and over so I don't need to be there anymore.

I took all I could from JJ and moved on to become a pro trader!

Since you brought our attention at "who made it using the SOT system"
JJ did indeed change his disclaimer and stopped pretending to trade a live account.
Disappointing! Does not smell good!


You actually may be a whistle blower Lloyd


Reply With Quote
The following user says Thank You to LloydH for this post:
 
  #25 (permalink)
Trading Apprentice
Montreal
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CannonTrading /
Favorite Futures: Crude, TF
 
PiCoTrader's Avatar
 
Posts: 40 since Mar 2010
Thanks: 148 given, 47 received

Lloyd,

I have read the 115 post a long time ago at t2w. Thank you.
As you are a new member here and haven't read many thread yet,
you have no way of knowing and jump too fast on conclusions.
here are some facts:

Cunparis uploaded his latest version of a PaceOfTape_Paris in the download section here on March 15 2010.
Merci Cunparis

Unfortunately it is not working the same way.
I tried both live on the same chart and the Cunparis one acted more like a volume histogram to me.

I didn't look at the Cunparis coding yet because within minutes I knew I couldn't get the POT results.
I would have love it to work the same way, but it was just using the same name PaceOfTape.
It was also only working on tick charts.

I've been following SOT and his PaceOfTape since August 2009.

@cunparis could tell us more about the exact time he created his indicator and has a video at
Pace of Tape Indicator Trade With The Flow

Hope it helps to clarify.

Reply With Quote
 
  #26 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received

Cunparis's version is different from the SOT Pace Of The Tape indicator. Not the same algo.

Reply With Quote
 
  #27 (permalink)
Trading Apprentice
Manchester
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: zen
 
Posts: 31 since Feb 2010
Thanks: 0 given, 13 received

Pace of Tape

Pico Trader

Fair enough, with cunparis leaving comments on the SOT thread at T2W saying he was the original author I think it was reasonable to accept that he was establishing a link between his PaceOfTape indicator and the one JJ uses. Perhaps cunparis himself was assuming that the SOT indicator was based on his own code? I guess if they are not the same code then they are based on the same idea?

Given the SOT pace of tape is different code do you know if it is their own code? If so I know that SOT has the following disclaimer relating to limited user license which I assume will apply to their PaceOfTape indicator...

"No subscriber or other user is allowed to copy, sell, license, modify, distribute, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit, create any of the materials or Site Content on our site or any derivative works from or use the Site Content, in whole or in part, except as is expressly authorized by this license."

regards
Lloyd

Reply With Quote
 
  #28 (permalink)
Elite Member
Netherlands
 
Futures Experience: Advanced
Platform: none
Favorite Futures: Stocks
 
Ryanb's Avatar
 
Posts: 196 since Sep 2010
Thanks: 117 given, 353 received

when i was stuck with trading for a while i have followed him for the full trial. i liked the positive energy but felt that it was too good to be true, and so i it is.

Reply With Quote
 
  #29 (permalink)
Trading Apprentice
Manchester
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: zen
 
Posts: 31 since Feb 2010
Thanks: 0 given, 13 received

Pico Trader

I was looking through my SOT advanced course material as I wanted to compare these two POT indicators to see what the differences are. I noticed the PaceOfTape indicator is one of 3 indicators which JJ ships out as compiled code with a setup.

Were you able to get the original POT indicator source code supplied to you from SOT?


LloydH View Post
Pico Trader

Fair enough, with cunparis leaving comments on the SOT thread at T2W saying he was the original author I think it was reasonable to accept that he was establishing a link between his PaceOfTape indicator and the one JJ uses. Perhaps cunparis himself was assuming that the SOT indicator was based on his own code? I guess if they are not the same code then they are based on the same idea?

Given the SOT pace of tape is different code do you know if it is their own code? If so I know that SOT has the following disclaimer relating to limited user license which I assume will apply to their PaceOfTape indicator...

"No subscriber or other user is allowed to copy, sell, license, modify, distribute, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit, create any of the materials or Site Content on our site or any derivative works from or use the Site Content, in whole or in part, except as is expressly authorized by this license."

regards
Lloyd


Reply With Quote
 
  #30 (permalink)
Trading Apprentice
Manchester
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: zen
 
Posts: 31 since Feb 2010
Thanks: 0 given, 13 received


Pico Trader, I know you usually respond quickly to emails and forum posts so its a little out of character for you to leave this one for a few days.

Unfortunately I am still trying to clarify this situation with the PaceOfTape indicator. I remember you mentioned to me that you had reprogrammed the POT indicator to add audio alerts. Given your last comments I take it this was not the cunparis code you modified? So I guess you must have obtained POT source code from JJ after all? I think it is interesting that SOT let you take their indicator source given you are now setting up your own Skype Trading Room.


PiCoTrader View Post
Lloyd,

I have read the 115 post a long time ago at t2w. Thank you.
As you are a new member here and haven't read many thread yet,
you have no way of knowing and jump too fast on conclusions.
here are some facts:

Cunparis uploaded his latest version of a PaceOfTape_Paris in the download section here on March 15 2010.
Merci Cunparis

Unfortunately it is not working the same way.
I tried both live on the same chart and the Cunparis one acted more like a volume histogram to me.

I didn't look at the Cunparis coding yet because within minutes I knew I couldn't get the POT results.
I would have love it to work the same way, but it was just using the same name PaceOfTape.
It was also only working on tick charts.

I've been following SOT and his PaceOfTape since August 2009.

cunparis could tell us more about the exact time he created his indicator and has a video Pace of Tape Indicator Trade With The Flow

Hope it helps to clarify.


Reply With Quote

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Anybody use Jake Bernstein DSI (www.trade-futures.com)? supermht Trading Reviews and Vendors 8 March 17th, 2016 08:03 AM
Trade 2 Live (www.trade2live.com) review gg80108 Trading Reviews and Vendors 20 December 23rd, 2015 02:47 PM
emini trading school (www.eminitradingschool.com) review drdam1 Trading Reviews and Vendors 29 October 28th, 2015 02:32 PM
Trading School Recommendation Request plethora Trading Reviews and Vendors 37 September 4th, 2012 12:02 PM
Thoughts on Back To School Zondor Off-Topic 0 August 14th, 2011 02:01 PM


All times are GMT -4. The time now is 05:21 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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 2017-09-24 in 0.17 seconds with 40 queries on phoenix via your IP 54.158.248.167