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www.thetradingclan.com review

  #1 (permalink)
 
Ben16JP2's Avatar
 Ben16JP2 
New York, United States
 
Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker: Optimus/Rithmic
Trading: ES
Posts: 75 since Oct 2010
Thanks Given: 179
Thanks Received: 33

The Trading Clan gives a free week trial about every 3 weeks, and trades primarily CL, they also trade TF, and GC. The one thing that I like is that there is no sales pressure and you can come to their free trials as often as you want.
I just wanted to pass this along.

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  #3 (permalink)
 
Sunil P's Avatar
 Sunil P 
los angeles
 
Experience: Intermediate
Platform: nt
Trading: cl
Posts: 290 since Jan 2012


I am just looking for free money.... is this the discount window of the FEd?

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  #4 (permalink)
 Keithh 
AKL
 
Experience: Intermediate
Platform: MultiCharts
Broker: IQ Feed
Trading: Currency Futures
Posts: 17 since Apr 2011
Thanks Given: 4
Thanks Received: 11

Checked out there room on trial. I think they're traders first, educators second. They use a breakout strategy which can work some of the time... but it needs discretion to be profitable IMO. Trading pullbacks suits me more so didn't continue with them.

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  #5 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,525 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,316

I've been with The Trading Clan for a few months, and since market conditions have changed a bit against their breakout methodology, they currently develop some new strategies on the breakout method to be more profitable again.

The room is ran by Ken and his son Brent and I must say that they are very honest guys, and there's absolutely no selling pressure in the room.
As Keithh already stated above, they really are a lot more traders than educators.

Current and historical results are shown on their website and I really can witness that all the trades in the room are called out well in advance.
They also offer a free trial week so you can make up your mind if membership is worth $199 / month or not.

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  #6 (permalink)
 jake1102 
Panama
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Es
Posts: 10 since Jul 2011
Thanks Given: 1
Thanks Received: 2

I did take their free trial and here is my opinion.

1. They are Traders first then educators.
2. Honest no selling pressure and really understand day trading
3. Dont know if their method works however I suggest back test it yourself before reaching a final decision. They did show a positive equity curve. However there are drawdowns.
4. Day trading is tough and requires a stong mind ( specially if there are losses. ) They do preach that which is correct.

Maybe I will try out a month with them.

They plough on from day to day taking the trades their system indicates and that is real day trading.


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  #7 (permalink)
 bellair 
Montville, New Jersey
 
Experience: Beginner
Platform: NT
Trading: CL, TF, NQ
Posts: 18 since Jul 2011
Thanks Given: 4
Thanks Received: 1


Daytrader999 View Post
I've been with The Trading Clan for a few months, and since market conditions have changed a bit against their breakout methodology, they currently develop some new strategies on the breakout method to be more profitable again.

The room is ran by Ken and his son Brent and I must say that they are very honest guys, and there's absolutely no selling pressure in the room.
As Keithh already stated above, they really are a lot more traders than educators.

Current and historical results are shown on their website and I really can witness that all the trades in the room are called out well in advance.
They also offer a free trial week so you can make up your mind if membership is worth $199 / month or not.


Daytrader;

Are you still in the Trading Clan Room? What was your overall impression of the room?

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  #8 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,525 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,316


bellair View Post
Daytrader;

Are you still in the Trading Clan Room? What was your overall impression of the room?

No, I haven't been in their room again since my last post above, so I really can't tell anything new about them.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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Last Updated on December 31, 2013


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