Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Look on YT and you will see. I decided to take the course after watching many hours on their channel and i decided for myself they are good, coz they sound like they know what they are talking about. And btw, the 'audited trading records', as far as I know, it's a myth. Nobody gives you that and even if they did, you'd be like 'Well... I can print that myself...'. They give you enough free material to make your own mind up to decide if you wanted to take the course, or stick with the free stuff.
Not +100 trades -- I can see on the videos (that were recorded at the time, so no, not live), the orders in the book, as they are placed, because often they're 100 lots or more. No doubt you are aware how this works, and that it can't be faked. There are plenty of shysters out there, and they can easily fool people who don't know better (trading sim, trading live but recording two offsetting hedged accounts, the list goes on). This is not the case here.
The last time I cared if anyone was "legit" in a trading video was about 10 years ago when I was new to futures. I was mesmerized by a video of a "profitable" trader. But I don't watch videos of people trading now because I am a trader, and it's a waste of time. Except for the above, because he/they actually know how to execute, and it's informational.
Whether something being sold is useful depends in part on the information, and in part on the purchaser. If the purchaser is like 90% of traders looking for a way around their own laziness, then nothing will work for them, period. If a recipient is more like a rock than a sponge, they won't soak up much.
Of course, this is very simple to fake, which is why it's useless, and why only grail chasers care about it. Trade two accounts, hedged against each other, audit them both. On the daily statement, blur out the account number, and post the one for the day that is profitable. It's not rocket science is it? But most traders are so gullible because they're locked into a grail search that they will fall for this. They'd rather chase rainbows than work on their methodology and themselves. Nothing wrong with getting inspiration from successful people, but always seeking proof because you want to believe that someone has the silver bullet is a dead end.
Formulate a model for how the market works, and how to find some edge in your model. For example, identify when a market is trending, buy/sell pullbacks. When it's ranging, buy/sell the edges. Define risk. Execute. It really can be this simple. I'm not advocating quite such a "dumb" strategy, but it's better than what most people come up with, and it's better than any indicator you will pay big money for, because the secret indicator and secret training strokes your laziness muscle, and helps you feel entitled to make money because you spent money, instead of the reality which is that the key to success is mostly between your ears.
I kinda of agree with you. I day trade on 3 minute charts for about 2 years now. I can say this, I pretty much know if trading trainer is faking or not.
