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Has anyone ever heard of Felton Trading? (www.feltontrading.com)
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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

  #151 (permalink)
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No, you won't see the trade "names" in any of the free indicators that Roger puts up here in Big Mike's. Those are proprietary and you will have to become a Felton student to enjoy those -- and I do mean "enjoy." Becoming a Felton student is a "great trade" in my opinion.

H

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  #152 (permalink)
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would this trading school help me to become profitable consistently?


Hapster View Post
No, you won't see the trade "names" in any of the free indicators that Roger puts up here in Big Mike's. Those are proprietary and you will have to become a Felton student to enjoy those -- and I do mean "enjoy." Becoming a Felton student is a "great trade" in my opinion.

H

hi there

1--incidentally, how long have you been with 'roger', pls? and

2--what are some of the benefits of becoming a paid member of felton school, pls?

3--would a paid member be able to trade profitably and consistently by following 'roger' classroom, and 'enjoy' as you put it, the fruits of their labor in real money.... pls?

just becoming curious.

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  #153 (permalink)
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nakachalet View Post
generally speaking, those who are in the money, won't have time nor desire to talk with others about their dollars amount profitability. and those who have time to quack quack about how much they made a day, are also generally in the hope mode.

I totally disagree with you on this. There's some "providers" that show copies of their live statements. But in the FOREX crowd, sites like mt4stats, fxstat and myfxbook are very common. I have seen stats for some people who have made 50% for the last 6 months manually trading. They aren't afraid to show off.
It's a way to show how many pips someone made without having to disclose account numbers. True, someone may not want to TELL YOU how they did it though...

Best of Luck!

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  #154 (permalink)
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your references are dead end. activate them, pls.


acbrasil View Post
I totally disagree with you on this. There's some "providers" that show copies of their live statements. But in the FOREX crowd, sites like mt4stats, fxstat and myfxbook are very common. I have seen stats for some people who have made 50% for the last 6 months manually trading. They aren't afraid to show off.
It's a way to show how many pips someone made without having to disclose account numbers. True, someone may not want to TELL YOU how they did it though...

Best of Luck!

hi acbrasil

your references are dead ended. mind activate them, pls.

....There's some "providers" that show copies of their live statements. LOVE TO READ MORE

....But in the FOREX crowd, sites like mt4stats, fxstat and myfxbook are very common. I have seen stats for some people who have made 50% for the last 6 months manually trading. They aren't afraid to show off. LOVE TO READ, WATCH AND LEARN MORE FROM THEM

....It's a way to show how many pips someone made without having to disclose account numbers. True, someone may not want to TELL YOU how they did it though... LOVE TO LEARN HOW TO DISCLOSE VERIFIABLE PROFIT WITHOUT DISCLOSURE

by the way, am not questioning you nor doubting you, OK, acbrasil. apparently you know lots more than i.... but am a willing learner, K? and like to experience many enjoyable things in life myself. and thx much.

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  #155 (permalink)
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nak take a look at Mt4

First, providers that show statements:
1) Larry Levin (futures)
2) Virtue of Selfish Investing (ETFs and stocks)

I don't pay for their services, but I have seen photocopies of their trading statements online. You can probably do a google search and find trading statements on their websites. I don't trust photocopies too much though, but at least it's a step in what I see as the right direction.

Nak..., you really need to get familiar with MT4.
MT4 has a publisher that FTPs all account data to the statistics-server. There is also an "investor" password that can interface your MT4 client with the stats server. You can basically choose what people can and can't see, like deposit and withdrawal amounts, and account numbers. You don't have to show them that stuff. But history and PIPs, you can show, no problem.

Maybe it's my lack of inexperience, but I really don't know why Roger does this. I know that people like to say "We love to teach.. " yeah yeah. I am also a teacher (in a different area) and I got so sick of teaching lazy people who didn't really care so I ended up PAYING someone else to teach them for me. If I were him, I'd trade a large number of contracts per day and just go live on the beach somewhere.

In another forum, people were trying to give the same argument about TI. But if you do the calculation on just 2 or 3 new people per day x $5000, their calculation showed $750,000 per year just to talk to people for a couple of hours 5 days a week for a few months. I gotta say, then I think it's easier to be a teacher! I don't know how much Roger charges, but if he REALLY likes being a teacher, the amount would be a fraction of this.

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  #156 (permalink)
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acbrasil, your quoted reference is really a sham, imho


acbrasil View Post
First, providers that show statements:
1) Larry Levin (futures)
2) Virtue of Selfish Investing (ETFs and stocks)

I don't pay for their services, but I have seen photocopies of their trading statements online. You can probably do a google search and find trading statements on their websites. I don't trust photocopies too much though, but at least it's a step in what I see as the right direction.

Nak..., you really need to get familiar with MT4.
MT4 has a publisher that FTPs all account data to the statistics-server. There is also an "investor" password that can interface your MT4 client with the stats server. You can basically choose what people can and can't see, like deposit and withdrawal amounts, and account numbers. You don't have to show them that stuff. But history and PIPs, you can show, no problem.

Maybe it's my lack of inexperience, but I really don't know why Roger does this. I know that people like to say "We love to teach.. " yeah yeah. I am also a teacher (in a different area) and I got so sick of teaching lazy people who didn't really care so I ended up PAYING someone else to teach them for me. If I were him, I'd trade a large number of contracts per day and just go live on the beach somewhere.

In another forum, people were trying to give the same argument about TI. But if you do the calculation on just 2 or 3 new people per day x $5000, their calculation showed $750,000 per year just to talk to people for a couple of hours 5 days a week for a few months. I gotta say, then I think it's easier to be a teacher! I don't know how much Roger charges, but if he REALLY likes being a teacher, the amount would be a fraction of this.

hi acbrasil

i did go to the site.

the attached is self-explanatory.

it is not really a reliable nor dependable or verifiable disclosure at all.

IT IS MORE LIKE A SHAM concocted by some bunch of greedy traders, imho. sorry.

again it is not you ok, it is the doing of those wannabe rather.

and may i restate my point, there are ample winning traders on board here but they are not quacking....

and i sure hope after this, you would be able to find some other more reliable sources of reading, K? happy and profitable trading, my trading friend.

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  #157 (permalink)
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Nak

Nak, like I said ""I don't pay for their services,""
Amazing though.. If I had a dime for every trading education provider...

Nobody wants to dig for gold; they only want to sell the shovels.

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  #158 (permalink)
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nakachalet View Post
hi there

1--incidentally, how long have you been with 'roger', pls? and

2--what are some of the benefits of becoming a paid member of felton school, pls?

3--would a paid member be able to trade profitably and consistently by following 'roger' classroom, and 'enjoy' as you put it, the fruits of their labor in real money.... pls?

just becoming curious.

1) I've only been with Felton for about two months -- with a South Pacific vacation in the middle there for three weeks, but I've been trading for several years on an off -- not as successfully as I have been recently of late since trading the Felton system.

2) The main benefits are trading with a group of successful traders and watching their styles. I have a regular career as a freelance court reporter that takes up a lot of my time so I find the Felton training concise. Being as a past life of mine was as a computer programmer, I'm picking up very quickly how to best use the Divergence Pro along with NinjaTrader to find my own personal "style" to trade the markets with more success than I have in the past.

3) I think a "paid" member definitely can get a lot of benefit from the Felton system. Sure, Roger's been trading for many years and has a helluva lot more candles under his belt than the average trader does, but by following his rules and using his system, I think much success can be achieved. Why don't you sign up and come into the trading room for awhile and check things out.

H

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  #159 (permalink)
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acbrasil View Post
Espolrare: Me too-- few trades as possible AND dollar profit target per day work best for me. Before I realized that I had been doing that in demo, I was overtrading way too much.

So everybody, realizing that getting the FT indicators on MT4 was about like winning the lottery, I downloaded Ninjatrader and installed the indicators. But they don't look like Roger's screen in the webinars? Do the indicators really paint the trade names on the screen? I didn't see trade name abbreviations on the screen.

I'm here because I'm a fan of divergence.I'm not so good at recognizing the extended and hidden divergences, and a program that spots those could really come in handy. Does anybody know if that indicator is free or part of the proprietary package?

Felton Trading has a special friendship with all futures.io (formerly BMT) Elite members and we freely share many of the techniques and indicators that we use. Even better, we allow Elite members unlimited free access to our Live Trading Room so they can ask all the questions they wish and get straight answers with live market examples.

We do this because we have nothing to hide and a heck of a lot of things to share. I think a relative handfull of futures.io (formerly BMT)'ers have taken advantage of this generous offer and, as far as I know, nobody was disappointed judging by the kudos.

Our coders have invested 8 to 16 hour days for over two years in the development of our DivPro software and we're just not able to give that away. DivPro is what puts the signal labels with warnings on the chart for you. But it does so much more than just put up signal entries. It's performs a long list of functions including signal anticipation and identification, signal filtering, visual and audio alerts, and a very sophisticated backtesting capability that produces very realistic results. If I listed all that DivPro does, it would take up the next 3 pages. I think that, just by observing the software, you guys might get some ideas to improve your own trading system...ya neverr know.

We invite all futures.io (formerly BMT) Elite members to stop in and check us out. No one at Felton Trading will contact you for anything except to answer your questions.

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  #160 (permalink)
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the killer is $$$


The killer though is the $$$. Sure, I would love to have to have the indicators, but it's not cheap. Moreover, on top of that, one has to buy Ninja, which increases the cost even more.

I wish someone here could really say how their results have been-- if they are like Roger's in the trading room. But it seems like all his members are tight-lipped about it.

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