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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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  #1 (permalink)
 Aragorn 
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Does anyone have any experience or feedback on the authenticity of Joseph James' School of Trade (SofT)?

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Aragorn View Post
Does anyone have any experience or feedback on the authenticity of Joseph James' School of Trade (SofT)?

Here is a video from a former member.


I have only had one interaction with him, and came away with a slimy system.

One of the few systems that does not get promoted by Ninja. Think about that.

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 Aragorn 
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Thanks Traderwerks. Good observation concerning Ninja. He sounded like a mix between a used car salesman and an auctioneer. In all fairness he seemed to be a good educator in that he spoke alot about following rules to attain consistency. And he spoke about the importance of the psychological aspect of trading- Discipline; Patience; Confidence. That's kind of rare. His trading methodology is another matter. There seems to be something suspicious or "off" with it. While I want to be objective, perhaps I need to listen to that "little something" that's telling me something's not right.

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 cory 
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that "little something" is SIM vs LIVE result as the vid poster found out the hard way.

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 eensor 
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RUN from these guys

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 tellytub 
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I think this says it all

schooloftrade & James Wave - Page 6 | Trade2Win Forums

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 Aragorn 
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Excellent link tellytub! Thanks!

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  #9 (permalink)
 tellytub 
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Googles intellisense when you enter "schooloftrade" gives you this ....


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  #10 (permalink)
PiCoTrader
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I am a SOT member since January 2010.

I am very satisfied with my membership and all the help JJ gave me.
I wanted his PaceOfTape, autoLineFiles, chat room access and his mentoring support.
That's what I bought, that's what I got.

I 'd like to bring to your attention that the video Lloyd made is based on bad knowledge as I wrote back to Lloyd.


"
I watched your YouTube video Lloyd and just can't believe how newbie you are with the Time/Sell window.

Only a Newbie trader would expect the Time/Sell to display the 4 contract order used by JJ.
Come on Lloyd, you should know that orders are sent to the broker 'Mirus' and Mirus order book is sent to the market then Zenfire gets the market data back to our time/Sell window.
No individual is connected to the CBOT.
"

So the turning point for Lloyd as said in pic1, is not valid to me .

Lloyd may have some good points though, yet to prove, since I just can't trade JJ's way with the time/Sell window use for last confirmation...way too stressful.

Lloyd also pinpoints some concerns we have about how strangely quick JJ is at entering or exiting the market.

I love SOT and don't want to lose my membership but I subscribed when JJ was saying "start making money now" and this never happened, not because he may trade live or sim , I don't care, but because I have a big psychological issue from my stock trading experience.

Trading is about you, no one else can do it for you and subscribing to SOT helped me a lot.

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