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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)

  #71 (permalink)
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Linds View Post
thks Jeff
Well my BS detector is a lot better than it was a couple ago! But I have seen some very elaborate and clever efforts. Not saying Roger isnt legit just curious how he has won everyone over so quickly.

some maybe but def not everyone.

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  #72 (permalink)
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Jeff Castille View Post
Oh.......I also spent more than two hours after RTH with Roger......he is a wealth of information. You can doubt all you want. If you are interested see for yourself.

Personally.......I think Roger is a good trader with a gift for teaching. He has succeeded at turning these talents into two businesses........the trading part and the teaching part.


You had a 2 hour consultation, and determined he is a good teacher, I can accept that. I actually took is free trial many years ago, and agree he is a good teacher and seems to be a general good guy. But, you spent 2 days in his trading room, how many actual trades did you actually see him take live or even sim for you to determine he is a good trader?

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  #73 (permalink)
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cory View Post
some maybe but def not everyone.

are you everyone ? I ask this as i have been searching this person for so long and never found him.

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  #74 (permalink)
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Roger's style of trading is not for everyone.........

If you are going to trade divergence you have to have an indicator or two for price to be divergent from. In Roger's case he uses a tweaked up stochastic indicator D line set to 6/5/2 AND a MACD trigger set to 5/12/9 as confirmation.

Personally, I am more of a trend trader.......and as you know the market trends less than 40 % of the time.......so it pays to be able to employ a strategy on days when the market is NOT trending.

Jeff

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  #75 (permalink)
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Jeff Castille View Post
Roger's style of trading is not for everyone.........

If you are going to trade divergence you have to have an indicator or two for price to be divergent from. In Roger's case he uses a tweaked up stochastic indicator D line set to 6/5/2 AND a MACD trigger set to 5/12/9 as confirmation.

Personally, I am more of a trend trader.......and as you know the market trends less than 40 % of the time.......so it pays to be able to employ a strategy on days when the market is NOT trending.

Jeff

Jeff,

Like Roger, you did not have to do this. This shows your willingness to help others! That is greatly appreciated and helpful to many. You save many people a lot of effort through all your assistance, so a big shout out of thanks to you! I have enjoyed reading many posts.

I have reviewed so many rooms that I too feel that within a couple of minutes can detect a bullshit artist. A good skill to have prior to starting training.

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  #76 (permalink)
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bluemele View Post
Jeff,

Like Roger, you did not have to do this. This shows your willingness to help others! That is greatly appreciated and helpful to many. You save many people a lot of effort through all your assistance, so a big shout out of thanks to you! I have enjoyed reading many posts.

I have reviewed so many rooms that I too feel that within a couple of minutes can detect a bullshit artist. A good skill to have prior to starting training.

LOL.......yes......this detection ability is the first skill a trader must develop!!!! LOL

Bottomline is......not every "trading educator " is a jerk. I know that when I first started trading I couldn't understand why a successful trader would bother with teaching if they could make a great living off of trading. Then I came to understand that everyone needs some kind of mentorship and the trading lifestyle affords plenty of time for a successful trader to mentor other traders. It's a good income diversification for those who have teaching skills.

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  #77 (permalink)
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Jeff Castille View Post
Roger's style of trading is not for everyone.........

If you are going to trade divergence you have to have an indicator or two for price to be divergent from. In Roger's case he uses a tweaked up stochastic indicator D line set to 6/5/2 AND a MACD trigger set to 5/12/9 as confirmation.

Personally, I am more of a trend trader.......and as you know the market trends less than 40 % of the time.......so it pays to be able to employ a strategy on days when the market is NOT trending.

Jeff

Did you get permission from Roger to share the indicators he uses and their parameters? As I understand it from some of his more recent free webinars, he is now using 'proprietary' indicators called something like cycle indicator and some other proprietary indicator, which looks interestingly like a MACD and Stochastics I am a pure divergence trader myself, and for a good while used the MACD and Stochastics exactly like Roger, and the Trader's International guys, but I've replaced them with 2 different indicators that I find work better for me in filtering out a lot of the bad divergences the MACD will give you in certain market conditions.

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  #78 (permalink)
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monpere View Post
Did you get permission from Roger to share the indicators he uses and their parameters? As I understand it from some of his more recent free webinars, he is now using 'proprietary' indicators called something like cycle indicator and some other proprietary indicator, which looks interestingly like a MACD and Stochastics I am a pure divergence trader myself, and for a good while used the MACD and Stochastics exactly like Roger, and the Trader's International guys, but I've replaced them with 2 different indicators that I find work better for me in filtering out a lot of the bad divergences the MACD will give you in certain market conditions.

I don't think Roger is worried about me giving his indicator settings away as there is much more to his system than a secret setting on the MACD or Stoch. His integration of these indicators into his "Divergence Pro" indicator is his master piece. It has taken him many years with the help of a very talented programmer to accomplish this task.

In my conversation with Roger he spoke of the possibility of posting some of his indicators in the elite section........I know we won't get the "Divergence Pro".... but...........some of the others indicators that he uses are very interesting and I would certainly like to take a look at them......particuliarly the the stoch that is overlayed in panel one and the price channel. So how about it Roger..........perhaps a few indicators in the elite section?

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  #79 (permalink)
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Jeff Castille View Post
I don't think Roger is worried about me giving his indicator settings away as there is much more to his system than a secret setting on the MACD or Stoch. His integration of these indicators into his "Divergence Pro" indicator is his master piece. It has taken him many years with the help of a very talented programmer to accomplish this task.

In my conversation with Roger he spoke of the possibility of posting some of his indicators in the elite section........I know we won't get the "Divergence Pro".... but...........some of the others indicators that he uses are very interesting and I would certainly like to take a look at them......particuliarly the the stoch that is overlayed in panel one and the price channel. So how about it Roger..........perhaps a few indicators in the elite section?

What did you find so spectacular about the Divergence Pro indicator?

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  #80 (permalink)
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monpere View Post
What did you find so spectacular about the Divergence Pro indicator?

Well.......Divergence Pro identifies three types of divergence with multi time frame confirmation in real time and paints it on the chart........have you ever seen any other divergence indicator do that? I haven't.........I am not a divergence trader BUT even I was impressed.

Also, I believe that you mentioned that you did Roger's 5 day trial before.....as did I........BUT.......what I saw this time was a bit different than years ago. In the past there was all this talk about a "black box" system he was developing....now that is not the case. Personally, I much prefer the current emphasis.

Also.....Divergence Pro spots two with the trend trades.......

Jeff

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