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eminiscalp.com

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  #1 (permalink)
Japan/Germany
 
 
Posts: 17 since Nov 2010
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I saw this ad in Futures magazine. Not the most professional looking website, for sure. $825, no free trial, and an ambiguous guarantee.

I'm skeptical. How about you?

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  #3 (permalink)
 
 
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Julie View Post
I saw this ad in Futures magazine. Not the most professional looking website, for sure. $825, no free trial, and an ambiguous guarantee.

I'm skeptical. How about you?

Healthy skepticism is always good, but I think the best thing is to really contact the person behind any site, and inquire as to their offer.

Better yet, ask anyone one this forum if they had experience with him and if it helped their trading.
Some sites are not very aesthetically pleasing, yet have some real traders behind them.
Personally, I always come across sites with free blog hosting but offer a wealth of information.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
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  #4 (permalink)
New York, United States
 
Experience: Beginner
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Julie View Post
I saw this ad in Futures magazine. Not the most professional looking website, for sure. $825, no free trial, and an ambiguous guarantee.

I'm skeptical. How about you?

Hi Julie,
I bought the EminiScalp Method a few months ago.

Some points on EminiScalp website (with the pages listed) that I found misleading are the following:

On the Home Page it has:
ďEminiscalp is NOT indicators, market profile, market delta, fibonacci, head and shoulders, etc.

THE EMINISCALP ENTRIES

Discipline, focus, patience and a determination to succeed. You must be able to follow rules. The problem as I see it is that many of these "indicator" methods are not reliable enough to put you in a consistent profitable mode. Like they say" if you continue to do what you are doing, you will continue to get the same results".
&
"What else do you need to become a successful EMINISCALP trader? You need a reliable charting package and reliable data. I use Sierracharts with Transact. Why? because I know it works. I pay a total of $260.00 per year for charts and data. There is an "item" that Sierracharts has that we use. As crazy as it sounds, there are charting packages available that cost over $100 per month that does not have this item."


"The EMINISCALP Method is NOT Market Profile, Market Delta, breakout trading, indicator trading or anything to do with crossing lines such as MACD's, RSI's, Bollingers, moving averages, etc. It is something so simple but absolutely effective. It would probably take someone years of searching to discover, assuming they knew what to look for. The setups are exact, simple and highly successful."


ABOUT EMINISCALP



EMINISCALP INFORMATION


What You Can Expect


WHAT IS EMINISCALP?

One chart, no indicators, with specific, high probability successful setups for the entries. Visual, no guesswork.
13. Indicators: Don't need them and don't use them


On the Method Page it has:
ďNO INDICATORS - Although some indicators may have a purpose, and I will talk about their use if you purchase the eminiscalp method, in most cases they are a distraction.Ē


I wonít give away the setups but what is used are the following, 17 EMA, Intraday pivots, on an 89 tick chart. The 17 exponential moving average I found in the indicator part of my trading platform, and the Intraday pivots ("item" above) once I loaded it was also found with my other indicators.
I wonder how Al defines indicator(s)?
I would also consider his method a breakout method, but in the quote above, from the website it is not considered as such.
I hope this helps in the evaluation of EminiScalp.

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  #5 (permalink)
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thanks for the information you gave, Ben.

if you have traded (or even papertraded) it can you put up some details of the results you got - if you had a trade log, however brief, you might post it
- how many trades a day did you take (trading it for how long each day)?
- what was entry, initial stop loss and exit for each trade?

aside from the problems with the description on the website you pointed out above, how did you find the guy who sells it - is he as good a teacher as he claims to be?

I understand there is a yahoo voiceroom - how did you find it

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  #6 (permalink)
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svuhmed View Post
thanks for the information you gave, Ben.

if you have traded (or even papertraded) it can you put up some details of the results you got - if you had a trade log, however brief, you might post it
- how many trades a day did you take (trading it for how long each day)?
- what was entry, initial stop loss and exit for each trade?

aside from the problems with the description on the website you pointed out above, how did you find the guy who sells it - is he as good a teacher as he claims to be?

I understand there is a yahoo voiceroom - how did you find it


Once I learned what the method was and how ambiguous it is I did not bother trading it.

How is it ambiguous?

1) The EminiScalp Method starts out with a 5 tick Stop Loss and a 3 tick Profit Target, and if you wish to trial your Stop use a 3 tick trail, once it goes 3 ticks in your favor. When the trade sets up and you are in the trade, you can get another setup in the opposite direction before the profit target is filled. One of the things that I requested Al to do was to post his trades with the entry price and the time of day so the group could compare and ask questions the following day. This was never done while I was in the chat room.

2) The Method seems to require your 89 tick chart to look exactly like Al’s with “x” number of bars to have equal highs, then the high to break before going long, or to have "x” number of bars to have equal lows, then the low to break before going short. One of the things that happened while I was in the yahoo chat room, is that there was a fellow from the U.K. who also was using Sierra Charts, this it what Al recommends, and he had a setup that turned out to be a loss. He pointed out the entry price and the time of day to Al, but Al did not have a setup on his chart and did not recognize the loss.

3) The voice room I found inadequate, many times myself and others would lose sound, not realizing it till many minutes later. What I feel is needed is for Al to have a room where you can see his live chart, so anybody can ask questions using his chart for a reference.

I hope this helps.

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  #7 (permalink)
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the intraday pivots are set at 60 minutes or else?
& is this for ES or else?

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  #8 (permalink)
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rajafx1 View Post
the intraday pivots are set at 60 minutes or else?
& is this for ES or else?

The intraday pivots are set at 30 minutes.

And the ES is the primary instrument that is talked about in the chat room.
But this brings up another point sometimes the pivots would match what Al has and sometimes they would be off by a little. And if Al does not see a valid setup and you do, Al might not use it to get his quoted 80 - 90% win rate. How he gets the win rate that high was still a mystery to me, since he does not show his trades with the entry price and time of day.

Since having seen for myself, what this method is about, I would say it is at best a break even method, then subtract your commissions. This is of course using the 89 tick charts that is available to me. For my Ninja Trader I have Rithmic Data, I also have TradeStation.

With this information, including the post I have above, even if you had Sierra Charts your 89 tick chart may not be exactly as Al's 89 tick chart, so results will vary from trader to trader.

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  #9 (permalink)
Bellingham, WA
 
 
Posts: 1 since Aug 2010
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Thanks for the evaluation. I talked to him at length, and he made claims about 15 -25 trade set ups per day and high win percentages. Are you saying that after purchasing the system, you did not see or experience that? Are you saying that the setups he uses are not clear as he insists? Are you saying you would not purchase it, if you had to do over? He claims that Sierra Charts has a "tool" that is not on the other platforms that makes the set up very clear, and gives you plenty of time to set up the entry and calculate the target. My concern was the high commissions that one would incur in scalping 2-3 ticks. I really appreciate your feedback. I was real close to buying in.
Thanks

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  #10 (permalink)
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sungod21 View Post
Thanks for the evaluation. I talked to him at length, and he made claims about 15 -25 trade set ups per day and high win percentages. Are you saying that after purchasing the system, you did not see or experience that? Are you saying that the setups he uses are not clear as he insists? Are you saying you would not purchase it, if you had to do over? He claims that Sierra Charts has a "tool" that is not on the other platforms that makes the set up very clear, and gives you plenty of time to set up the entry and calculate the target. My concern was the high commissions that one would incur in scalping 2-3 ticks. I really appreciate your feedback. I was real close to buying in.



"Thanks for the evaluation. I talked to him at length, and he made claims about 15 -25 trade set ups per day and high win percentages. Are you saying that after purchasing the system, you did not see or experience that? Are you saying that the setups he uses are not clear as he insists?"

You can have 15-25 trade set ups per day, but as I stated above you can get a set up in the reverse direction before the profit target is hit.
About the high win percentage: Since I have seen many times for myself, that you can get a valid setup in the opposite direction, while you are already in a valid trade, you have to figure out before hand which one is going to be the winning trade and go with that. Al is pretty good at showing the winning trades after they had already happened, and avoiding the losers. But the trick is how do you stick with the winning trades and avoid most of the losing trades looking at the hard right edge. I would like to see Al teach this, not looking back at old data, but under live market conditions with his chart showing so everybody can see it, using his chart as a reference.
Anyone who is tempted at all in purchasing this method ask Al for a few things first.
1) When are you going to have a room with live charts to teach your method?
2) Are you going to post and keep track of your trades, with time and entry price, for later review with those folks interested in the course?
3) The folks that are using your course, that are claiming 20 ES points a day, could they share there trade information (entry & exit price, how they trial there stop, and time of day the trade took place)?
I found on many of the setups you would get reverse signals before the 3 tick profit target was hit
One time when I was in the chat room somebody else pointed out a losing trade that had happened a few minutes earlier, BUT WAIT there was a setup in the reverse direction, while the original trade was still on, that was a winning trade, “You should of taken that trade”. To bad that most of us don’t know when the trade sets up, if it will be a winner or a loser before hand.

"Are you saying you would not purchase it, if you had to do over? "
Out of all the (methods, systems) I have purchased; this by far was the biggest waste of money I have ever spent for trading.


One of the many reasons why I joined Big Mike's was to see how traders, like myself, found the various systems and methods, hearing both the Pro's and Con's, then deciding to try it or not. I would love to see someone else give another write up on this. But knowing what I do now I would never have bought it.

From the description on the website I thought this was something that I had never come across before. So I had to find out what this method was. I was going to learn something new. Well I did learn something, and I am more careful now when deciding to purchase anything because of my experience with EminiScalp.

A couple points I want to make are these.

If you would like to look at a type of breakout method that is far superior in my opinion, and it will not cost you a dime to get an idea how to use it, check out Eminiwatch.com.

I hope this helps.

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  #11 (permalink)
New York, United States
 
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Here is a quote from the EminiScalp website on the page labeled ABOUT EMINISCALP:


WHAT IS EMINISCALP?

One chart, no indicators, with specific, high probability successful setups for the entries. Visual, no guesswork.

I really don't think there is any method similar to what I have. The method is simple, and yet, exact. If your trading method signals entries when lines cross, such as RSI, MACD, etc., or when a line crosses "0", or when moving averages cross, no matter what the time period, or if you are viewing multiple charts and waiting until 2 or 3 signals line up from each chart, THEN I believe you are at a distinct disadvantage.Or, if you are waiting until price breaks a level for an entry, then I believe you may be gambling. ……

Now here is a quote from the first of the six pages that you would get from Al if you decide to go ahead and purchase his method.
“5. If the bars keep lining up even tops or bottoms, and they exceed “#” bars, prepare to enter on the bar that breaks the level. …..”

The red high lights I added for emphasis.

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  #12 (permalink)
Fullerton, CA
 
 
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Ben, good job on bringing forth the reality from the marketing hype. It's clear this is a very deceptive scheme and once your money is in this man's account, a penny won't be refunded if you're dissatisfied or mislead.


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  #13 (permalink)
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I would like to respond to the negative information about the Eminiscalp product and website. I purchased the Eminiscalp Method July/2010 and have had nothing but great results with it.

This product does take some time to learn, but after you spend a fair amount of time, (3-4 weeks) doing what the creator of the product tells you to do then the real results will show themselves. If you've never traded futures and specifically the ES emini then you need to put in the time to learn how the trading dome works, and get enough screen time in so you are familiar with how the market reacts, such as ranges, volatility, etc.

I was a little frustrated for the 1st couple of weeks since I didn't have any prior experience trading the ES emini or using the trading dome. This is only natural since it was foriegn to me. If you are a beginner to this type of trading then you need to put in the time to learn the method that is being presented. I personally sim traded for about a month after receiving the Eminiscalp method. Once I was profitable on a daily basis with the sim trading I slowly moved to live trading with one contract. I can't overstate the need for the screen time, as this is the key to mastering this method.

The main thing with this method is to give it some time and follow all the rules exactly as they are laid out. Sure there are going to be a few trades that don't work out, but most will turn into profitable trades. You are not going to get 80%+ winners when you firrst start trading because you are still learning how to recognize the signals and perfecting your entry and exit strategies. When I first started trading with this method, most of the losing trades I had were because of operator error. In other words, I didn't follow all the rules exactly as the creator of the Eminiscalp laid them out.

In the past month I have not had a losing day and have averaged well over 10 ES points/day using one contract and my win/loss ratio has been over 85%.

The creator of this product has been nothing but helpful and always answers any questions I have within 24 hours and usually within a 2 hour period.

The Eminiscalp method works if you are diligent enough to put in the time to learn it. If you don't want to put the time in to learn it and give it a few weeks, then don't waste your money. I'm sure some people can learn it in less time, but I'm just telling you my experience.

I believe that the price for the Eminiscalp method is a steal if you are going to put in the effort to learn it since it will give you the potential for income for as long as you decide to trade the markets.

Once again, I am a very satisfied customer of the Eminiscalp method and would recommend it to all who are serious about becoming a profitable trader trading the ES emini.

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  #14 (permalink)
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Wow Twindad congrats I have never seen anyone average 10 or more points a day on 1 contract trading the ES
. The win rate is unbelievable and not having a losing day for the month. I will have to check Eminiscalp out.



Mark

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  #15 (permalink)
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@twindad123, this seems really an amazing system, amazing results, especially if the only time to invest for one who know nothing about trading is 3-4 weeks on screen!!! Have you ever heard about the 10000 hours theory?

Take your Pips, go out and Live.
Luke.
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  #16 (permalink)
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twindad123 View Post
I would like to respond to the negative information about the Eminiscalp product and website. I purchased the Eminiscalp Method July/2010 and have had nothing but great results with it.

This product does take some time to learn, but after you spend a fair amount of time, (3-4 weeks) doing what the creator of the product tells you to do then the real results will show themselves. If you've never traded futures and specifically the ES emini then you need to put in the time to learn how the trading dome works, and get enough screen time in so you are familiar with how the market reacts, such as ranges, volatility, etc.

I was a little frustrated for the 1st couple of weeks since I didn't have any prior experience trading the ES emini or using the trading dome. This is only natural since it was foriegn to me. If you are a beginner to this type of trading then you need to put in the time to learn the method that is being presented. I personally sim traded for about a month after receiving the Eminiscalp method. Once I was profitable on a daily basis with the sim trading I slowly moved to live trading with one contract. I can't overstate the need for the screen time, as this is the key to mastering this method.

The main thing with this method is to give it some time and follow all the rules exactly as they are laid out. Sure there are going to be a few trades that don't work out, but most will turn into profitable trades. You are not going to get 80%+ winners when you firrst start trading because you are still learning how to recognize the signals and perfecting your entry and exit strategies. When I first started trading with this method, most of the losing trades I had were because of operator error. In other words, I didn't follow all the rules exactly as the creator of the Eminiscalp laid them out.

In the past month I have not had a losing day and have averaged well over 10 ES points/day using one contract and my win/loss ratio has been over 85%.

The creator of this product has been nothing but helpful and always answers any questions I have within 24 hours and usually within a 2 hour period.

The Eminiscalp method works if you are diligent enough to put in the time to learn it. If you don't want to put the time in to learn it and give it a few weeks, then don't waste your money. I'm sure some people can learn it in less time, but I'm just telling you my experience.

I believe that the price for the Eminiscalp method is a steal if you are going to put in the effort to learn it since it will give you the potential for income for as long as you decide to trade the markets.

Once again, I am a very satisfied customer of the Eminiscalp method and would recommend it to all who are serious about becoming a profitable trader trading the ES emini.

------------------------
I am going to raise the bullsh*t flag. I bought this as well and have looked at the NQ rather than ES (due to NQ going 'through' price more than ES). I have traded for over 25 years. No one is averaging 10 pts on the ES per day. This is an unsubstantiated statement.

My goal with eminiscalp is +5-8ticks per day net net on the NQ. I have taken concepts from this method and made them my own. Made the times to trade my own (up to 2 sessions per day outside of the fastest trading times). Yes, I have had days where I make +20ticks per session.

Most people after they buy something that costs money will convince themselves and others they are doing better than they really are.

I really hesitate to get involved here; but no one is making 10 pts per contract on the ES per day--no one.

That written, I have never called or emailed for additional support with this product. I read it all and then made it my own method based on my psychology/r:r/etc...

I took the parts of the method that offered up the best possible reward:risk profiles and then came up with my own trade management rules to keep losers to a minimum.

Do you realize how fast the ES moves (if you use good tick data) on an 89 tick chart from 9:30-10:15am est under normal trading conditions? I don't begin looking at the NQ until 10:30am and that is on the 55tick chart.

This guy has 1 post and is defending the vendor. I don't care that I paid my money for this method; that was my decision--but you can't come on here with 1 post and write this fairy-tale bullsh*t.

I don't believe it. I don't think anyone can trade off of an ES 89 tick chart for more than a few hours a day before their brain fries either.

Whatever; no one on earth will average 10pts on the ES over time nor with any size.

I risk 2% on my trades and am thrilled when I earn net net 15-20% per month on that trading up to 2 sessions per day up to 75 minutes per session.

Again, I don't have anything against eminiscalp. The vendor basically writes out alot of stuff on his website and then relays emails from people that are unsubstantiated testimonials of some guy making 20pts ES per day. HaHa.

I use it (among other stuff), I bought it and like trading S/R when the r:r is good enough.

Remember, trading on the internet with anonymous posts is easy--you can't go 'see' the mountains of profit in real life like a real business.

Whatever; you can tell that I really don't care what others experiences are but when I see this outrageous profit claims--it makes me angry as a long-time trader.

The fantasy still sells.

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researcher247 View Post
No one is averaging 10 pts on the ES per day. .

LOL .... It is rather easy to average 10pts on the ES... I mean super easy... (joke) ... depends what they mean, if 10pts one single trade, or 10pts over tons of trades capturing ticks here and there..

I know someone that used to claim the same on a chat and basically he was just trading large contract numbers, I want to say 50 but I am not sure since it was a long time ago, and he was going for as many ticks as he could get on a breakout... kinda similar to how sharky used to trade a while back if I am not mistaken..

anyhow, just saying... lots of vendors will claim something that can be interpreted many ways... it all comes down to how they count their ticks .. or how they earned their pts..

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  #18 (permalink)
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twindad123 View Post
In the past month I have not had a losing day and have averaged well over 10 ES points/day using one contract and my win/loss ratio has been over 85%.

LMAO !

Sometimes, it's better if you don't try too hard to impress.

I agree with those calling BS.

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  #19 (permalink)
 
 
Posts: 1,081 since May 2010

10 points on the ES a day ?

Hahahahahahahahaha

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  #20 (permalink)
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I am an Eminiscalp trader, joining up in February of this year. I agree with the comments by Twin Dad in regard to the method. I have been through a few other methods over the past years and Alís method is by far the best I have used. Maybe I see things differently than those who are complaining, but it works fine for me although it does take screen time. This I knew before I purchased. Apparently we all donít see the same thing but to say Eminiscalp is a waste of money is not true at all. I have spent way more than what he charges and got nothing out of it. I got to the point where I was just tired of searching out methods. This method works, it is consistently profitable. Maybe Al sent these guys something different, but what I received is just fine. I guess you canít please everyone.

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  #21 (permalink)
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No, you can't please anyone here with that weak reply, honestly!

By the way; why would someone come on here with 1 post and NOT go into detail about this method (pros and cons)?

So you went to all the trouble of posting your experience on this and big mike forum and all we get is the usual generic, 'I really like it post.'

At least my replies give some meat and I am not afraid of putting some real thought into my post.
Your post is lazy and useless; so why did you bother? Is it a way to make yourself feel better by typing some generic purchaser 'speak?'

You give no specifics so your post is useless. How did you find out about this thread, eh?

Thanks for adding nothing to the forum.

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  #22 (permalink)
California
 
Experience: Intermediate
Platform: ninja,md
Broker: zen,dtn
Trading: CL
 
Posts: 28 since Aug 2009
Thanks: 56 given, 16 received

HI Scalping are you averaging close to 10 points($500) per contract each day like Twindad.



Mark

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  #23 (permalink)
AZ
 
 
Posts: 1 since Dec 2010
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To me the EMINISCALP method was a TOTAL waste of $825.


His trades and my trades both follow the rules, but are not the same at all.
I have tried the system over and over and have never had ONE day with a profit.
One loss wipes out two winning trades.
The method you recieve is very poorly written.
His system method writing jumps all over.
The system he sends is not clear and set out in straight rule fomat at all.
And even missing impotant parts of the trade setups.
The information is not clear at all. He claims to give AT LEAST 9 hours of help.
I think I got a total of 1 hour.
Then he just blew me off.
I can never find him on Yahoo Msgr to get any more help.
If Al is a teacher as he claims, I would hate to be in his class.
The last I knew he was trading the YM. And not the ES. Said it gave better results.
I am disabled and this $825 was a BIG chunk of WASTED money for me.
Of course he gives NO refunds under any circumstances.
I hope karma pays him a visit.
He posts every day about the great results. I would love to see prove.
I am thinking about contacting the state
attorney general to report him for fraud.


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  #24 (permalink)
New York
 
 
Posts: 6 since Dec 2010
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I am not getting 10 points daily. But i am usually breaking 7. I do not consider myself to be a seasoned trader, but this has worked for me. I sure that some people are eager to blame their short comings on other people, which i find very sad.

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  #25 (permalink)
California
 
Experience: Intermediate
Platform: ninja,md
Broker: zen,dtn
Trading: CL
 
Posts: 28 since Aug 2009
Thanks: 56 given, 16 received

Taking the average winners and losers my goal is to average 2 points per contract a day on the ES. Scalping if you and Twindad are averaging 7 and 10 per contract on the ES you guys are on a different level from anything I have seen. Adding 10 contracts to Twindads 10 points is a million dollars a year.




Mark

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  #26 (permalink)
Fullerton, CA
 
 
Posts: 201 since Dec 2010
Thanks: 33 given, 98 received


Scalping View Post
I am not getting 10 points daily. But i am usually breaking 7. I do not consider myself to be a seasoned trader, but this has worked for me. I sure that some people are eager to blame their short comings on other people, which i find very sad.

No offense, but I don't believe you. I never believe first time posters who come to the rescue of a vendor (with claims of Holy Grailesque results) under sharp criticism by a credible user (@Ben16JP2) who painstakingly took the time to show the vendor used false copy to market his goods.

I'd ask you to back up your extraordinary claims by posting daily blotters or realtime entires and exits but you probably wouldn't do it. Most vendors won't either. Could you and the vendor be one in the same?

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  #27 (permalink)
New York
 
 
Posts: 6 since Dec 2010
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Hey i Understand that skepticism, and I can assure you that i am not the vender. When discussing with my uncle a couple of years ago that i needed to start making extra income he told me to check this site out. Since he highly recommended it i decided to take a chance. I still consider myself small-time and am only trading one contract.

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  #28 (permalink)
 
 
Posts: 1,081 since May 2010


Scalping View Post
Hey i Understand that skepticism, and I can assure you that i am not the vender. When discussing with my uncle a couple of years ago that i needed to start making extra income he told me to check this site out. Since he highly recommended it i decided to take a chance. I still consider myself small-time and am only trading one contract.

This is pure commercial bullshit, there should be a rule that people need at least 100 posts or more before they can promote a vendor. There are too many people coming in on BT with 15 posts saying: What do you think about this, I think it's great but is it great ? (that is just a marketing trick to get people interested in a product)

On Elitetrader you also need at least 50 posts before you can posts remark about a broker or software package in their 'rate your broker/software' section.

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  #29 (permalink)
Chicago, IL
 
Experience: Advanced
 
Posts: 425 since Oct 2009
Thanks: 254 given, 751 received

I don't believe him either. Our exchange over on mypivots.com discussion forum was even more comical.

I am done trying to engage in any intelligent discussion with 'scalper.' He just won't have it.

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  #30 (permalink)
houston tx
 
Experience: Intermediate
Platform: infinity
Trading: 6E
 
fireman912's Avatar
 
Posts: 37 since Jan 2010
Thanks: 55 given, 24 received


MetalTrade View Post
This is pure commercial bullshit, there should be a rule that people need at least 100 posts or more before they can promote a vendor. There are too many people coming in on BT with 15 posts saying: What do you think about this, I think it's great but is it great ? (that is just a marketing trick to get people interested in a product)

On Elitetrader you also need at least 50 posts before you can posts remark about a broker or software package in their 'rate your broker/software' section.



+1

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  #31 (permalink)
USA
 
 
Posts: 16 since Jul 2010
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MetalTrade View Post
This is pure commercial bullshit, there should be a rule that people need at least 100 posts or more before they can promote a vendor. There are too many people coming in on BT with 15 posts saying: What do you think about this, I think it's great but is it great ? (that is just a marketing trick to get people interested in a product)

On Elitetrader you also need at least 50 posts before you can posts remark about a broker or software package in their 'rate your broker/software' section.

Yes. I can't stand the "what do you think about this, I think it's great....." posts. It is a marketing tactic that you see on vrious forums. I recall a ton of those kind of posts popping up in the search engines to promote a forex robot.

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  #32 (permalink)
New York
 
 
Posts: 6 since Dec 2010
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All i am telling you guys is it worked for me. As far as specifics go by buy purchasing the method, i sign a nondisclosure aggreement and i am not about to go a start blabering about how it works. Al has continued to provide support, and helped me to refine this method. Why would i come on here and piss him off? I don't want to call people names and tell them then don't know what there talking about, because in the end i am very happy with how this has worked out. The thread was original started by someone else and i am simply answering that person.

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  #33 (permalink)
Fullerton, CA
 
 
Posts: 201 since Dec 2010
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Scalping View Post
All i am telling you guys is it worked for me. As far as specifics go by buy purchasing the method, i sign a nondisclosure aggreement and i am not about to go a start blabering about how it works. Al has continued to provide support, and helped me to refine this method. Why would i come on here and piss him off? I don't want to call people names and tell them then don't know what there talking about, because in the end i am very happy with how this has worked out. The thread was original started by someone else and i am simply answering that person.

As far as I'm concerned, you are not credible and won't ever be credible until you post realtime trades that you take. within a minute of the trade. It should be easy to do that in about 15-30 seconds actually.

For example, after you take a trade, leave a tab open with this thread (or start another one) and simply post something like this:

BTO 1 ES @ XXXX.XX
STC 1 ES @ XXXX.XX

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  #34 (permalink)
New York
 
 
Posts: 6 since Dec 2010
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I do not care if you believe me. You have made up you mind anyway. I am replying to the original thread creator.

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  #35 (permalink)
Fullerton, CA
 
 
Posts: 201 since Dec 2010
Thanks: 33 given, 98 received


Scalping View Post
I do not care if you believe me. You have made up you mind anyway. I am replying to the original thread creator.

I doubt anyone here believes you, but you can definately make some converts, even me, if you post realtime trades.

Any reason why you can't do that?

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  #36 (permalink)
Chicago, IL
 
Experience: Advanced
 
Posts: 425 since Oct 2009
Thanks: 254 given, 751 received

There is absolutely no non-disclosure agreement.

I bought it and have refined it down to 1 type of setup.

It is uniquely my own trading method (one of a few I use) at this point.

peace ya'll

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  #37 (permalink)
New York
 
 
Posts: 6 since Dec 2010
Thanks: 0 given, 4 received

Yes there is a non- disclosure agreement. I Talk to Al on a regular basis. I cannot post trades because some one can back track and try to interpret the method. If your are curious call or email Al, he always seems to available.

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  #38 (permalink)
Fullerton, CA
 
 
Posts: 201 since Dec 2010
Thanks: 33 given, 98 received


Scalping View Post
Yes there is a non- disclosure agreement. I Talk to Al on a regular basis. I cannot post trades because some one can back track and try to interpret the method. If your are curious call or email Al, he always seems to available.

I think you can't post trades because there aren't trades to post--at least not the winners you claim to take every day. Your excuse for not doing so is inane. It would be next to impossible to interpret the method behind a trade in the absence of any other data.

I suggest you look for more fertile ground to promote this thing. The people here are way too sophisticated to get taken by a new poster making pie in the sky claims of success from a vendor's trading method that has nothing but detracters from long term and honest forum contributors.

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  #39 (permalink)
Los Angeles
 
 
Posts: 7 since Jan 2011
Thanks: 4 given, 0 received

Does Eminiscalp allow you to contact his current students for feedback.



Steve

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  #40 (permalink)
Chicago, IL
 
Experience: Advanced
 
Posts: 425 since Oct 2009
Thanks: 254 given, 751 received

You know,

I would gladly Skype with a few people and give my opinion on eminiscalp.

However, all these douchey litigious so-called men who sell information with no satisfaction-guaranteed or money back policy would probably tell one of their 'students' to pose as a regular inquirer; then secretly tape the call and then sue me.

What a joke this is sometimes.

I'm tired of the legal 'shtick' that these game players resort to.

Frankly, most trading information should be exchanged (like on this great forum) freely so we can gain a deeper understanding of ourselves and the methods we test and trade.

That written; I took aspects of eminiscalp and created a methodology that fits my psychology and reward/risk needs and tested it over and over again on real data in real time and now I have a few setups that are the tits!

Sound familiar? Yep. Big Mike's signature is very wise.

peace

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  #41 (permalink)
Fullerton, CA
 
 
Posts: 201 since Dec 2010
Thanks: 33 given, 98 received


researcher247 View Post
You know,

I would gladly Skype with a few people and give my opinion on eminiscalp.

However, all these douchey litigious so-called men who sell information with no satisfaction-guaranteed or money back policy would probably tell one of their 'students' to pose as a regular inquirer; then secretly tape the call and then sue me.

What a joke this is sometimes.

I'm tired of the legal 'shtick' that these game players resort to.

Frankly, most trading information should be exchanged (like on this great forum) freely so we can gain a deeper understanding of ourselves and the methods we test and trade.

That written; I took aspects of eminiscalp and created a methodology that fits my psychology and reward/risk needs and tested it over and over again on real data in real time and now I have a few setups that are the tits!

Sound familiar? Yep. Big Mike's signature is very wise.

peace

It's not likely you'll get sued for voicing your opinion. Your fear is overblown.

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  #42 (permalink)
Spain
 
 
Posts: 10 since Dec 2010
Thanks: 0 given, 11 received


Scalping View Post
Yes there is a non- disclosure agreement. I Talk to Al on a regular basis. I cannot post trades because some one can back track and try to interpret the method. If your are curious call or email Al, he always seems to available.


I purchased this course and I never signed a NDA.

This was back in the days when I was a sucker for these vendors but glad to say I learned my lesson very fast and do not buy of vendors I donít know or have not heard good reports about from people I know and trust..
I must say i never trade ,as when i sim traded it i lost way more than i made.

IMHO spend the money on time watching price action and volume, you will learn way more.

Stacey

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  #43 (permalink)
Houston, Texas USA
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts, TradeStation, NeuroShell, AmiBroker
Broker: Interactive Brokers, TradeStation, DTN/IQ
Trading: TF, EMD, NQ, CL
 
harvester's Avatar
 
Posts: 30 since Mar 2011
Thanks: 12 given, 89 received

I am glad to have found this thread, so I can warn others about this fraudster.

I suppose we're all entitled to a few embarrasing mistakes in life, and buying eminiscalp was one of those events for me. I would have had more fun lighting my $825 on fire than wire transfering money to this character in New Jersey.

After this supposed "college teacher" gets my money, he sends me one of the most poorly written, scatterbrained Word documents I've read in quite a while. I spent four hours completely re-writing Northeastern street talk and bad grammar into something I could understand. I then tried to relate this information to the included 15 jpeg screenshot files taken from Sierra Charts, that were so fuzzy that I almost couldn't make them out.

In any case, I spent the next two days in disbelief that I actually spent $825 on a system that looks at 89 tick charts of the ES, rolling pivots (from SC), and a 17EMA. We did a one hour session on a group Yahoo chat, where two others were asking cynical questions. One of them did a private PM sharing the same ripped-off feeling that I had.

So does this system work? Absolutely not!
Can you gleen any information that will help you in your overall trading approach? You gotta be kidding!
What are your chances for success? You'd be better off flipping a coin on each trade decision.

Thanks everyone for letting me vent - I feel much better now.

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  #44 (permalink)
Chicago, IL
 
Experience: Advanced
 
Posts: 425 since Oct 2009
Thanks: 254 given, 751 received

Good summary.

I worked the 89tick chart for NQ; and as you did--reworked nearly everything.

Too fast and my filters I created began to hurt my brain.

Gleaned it down to one type of setup--the rest were 50/50.

He needs to go back to grammar class and learn to use paragraphs.

Live and learn.

peace

r247

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  #45 (permalink)
new york city
 
Experience: Intermediate
Platform: nt
Trading: es
 
SarahKrantz's Avatar
 
Posts: 42 since Apr 2013

The vendor is now selling this system as an auto traded strategy. Free trials are available on the website. Instructions on how to best use this are also published on the website.

However, anyone who wishes to have a free open source copy with a few input enhancements should email me. In return, all I ask is if you find a way to make this profitable, please share it with the community.

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  #46 (permalink)
new york city
 
Experience: Intermediate
Platform: nt
Trading: es
 
SarahKrantz's Avatar
 
Posts: 42 since Apr 2013

I've been asked why I made this available. Well, why not?

Part of the reason was Al McWhirr, the vendor, emphatically claimed he wasn't using any indicators in the code even after I mentioned LinReg. I simply lied straight faced. At the time I asked him, I knew LinReg was in there because the dll he sent me had a hole in it and the code was easily converted to open source.

I don't like dishonest vendors; why should they profit from gross misrepresentations of their expensive products, especially one like this, which doesn't appear profitable using the vendors published guidelines. I now understand why he got such poor reviews from traders who bought his merchandise.

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  #47 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,753 since Jun 2009
Thanks: 32,299 given, 97,507 received


SarahKrantz View Post
I've been asked why I made this available. Well, why not?

Part of the reason was Al McWhirr, the vendor, emphatically claimed he wasn't using any indicators in the code even after I mentioned LinReg. I simply lied straight faced. At the time I asked him, I knew LinReg was in there because the dll he sent me had a hole in it and the code was easily converted to open source.

I don't like dishonest vendors; why should they profit from gross misrepresentations of their expensive products, especially one like this, which doesn't appear profitable using the vendors published guidelines. I now understand why he got such poor reviews from traders who bought his merchandise.

If you took a commercial product and then redistributed the code, whether it was obfuscated or not, that is not open source. That is piracy, and it is unwelcome here. If you are caught pirating you will be banned without warning or exception, I don't care how good or bad the vendor is.

If you created your own version of the tool without the benefit of viewing ANY of the source material, that is not piracy and you are of course free to distribute it as you see fit, so long as you do not use the vendors name when doing so.

Assuming the non-piracy path above, I generally strongly dislike people who won't attach their creations to posts and instead will only give them away when people contact them via email or skype. Experience has taught me there is usually some sort of agenda here, or something not quite right, which is why the person did not post it in the forum.

Please take all of the above into consideration before continuing with your next post.

Mike

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  #48 (permalink)
new york city
 
Experience: Intermediate
Platform: nt
Trading: es
 
SarahKrantz's Avatar
 
Posts: 42 since Apr 2013


Big Mike View Post
If you took a commercial product and then redistributed the code, whether it was obfuscated or not, that is not open source. That is piracy, and it is unwelcome here. If you are caught pirating you will be banned without warning or exception, I don't care how good or bad the vendor is.

If you created your own version of the tool without the benefit of viewing ANY of the source material, that is not piracy and you are of course free to distribute it as you see fit, so long as you do not use the vendors name when doing so.

Assuming the non-piracy path above, I generally strongly dislike people who won't attach their creations to posts and instead will only give them away when people contact them via email or skype. Experience has taught me there is usually some sort of agenda here, or something not quite right, which is why the person did not post it in the forum.

Please take all of the above into consideration before continuing with your next post.

Mike

I created my own version of the code. The vendor did not provide any open source code to me. Does that satisfy your issues? If not, feel free to take down the thread. I have done nothing to get banned here.

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  #49 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,753 since Jun 2009
Thanks: 32,299 given, 97,507 received


SarahKrantz View Post
I created my own version of the code. The vendor did not provide any open source code to me. Does that satisfy your issues? If not, feel free to take down the thread. I have done nothing to get banned here.


Quoting 
because the dll he sent me had a hole in it and the code was easily converted to open source

So you didn't use the DLL? Taking code from the vendors DLL does not make it open source.

To be clear, I am not defending this vendor. But no matter how terrible a vendor is, we don't allow piracy.

Mike

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  #50 (permalink)
new york city
 
Experience: Intermediate
Platform: nt
Trading: es
 
SarahKrantz's Avatar
 
Posts: 42 since Apr 2013


Big Mike View Post
So you didn't use the DLL? Taking code from the vendors DLL does not make it open source.

To be clear, I am not defending this vendor. But no matter how terrible a vendor is, we don't allow piracy.

Mike

As I said, I created the code that I'm making available which is cs. file. I'm not an expert in these matters and I don't appreciate being condemned as a lawbreaker either. Moreover, I have no secret agenda either.

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  #51 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,753 since Jun 2009
Thanks: 32,299 given, 97,507 received


SarahKrantz View Post
As I said, I created the code that I'm making available which is cs. file. I'm not an expert in these matters and I don't appreciate being condemned as a lawbreaker either. Moreover, I have no secret agenda either.

No one is condemning you. Did you use the DLL to create your own code? If yes, you need to remove your post (withdraw your "offer") and not distribute it to anyone, as that would be viewed as piracy which we do not allow. There is no need for further exchange of posts on this subject.

Mike

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