One more quick question about this room. Do they only trade the first 2 hours of the day? And do you need to open a futures account with them to have access to the room after the trial period is complete?
The following user says Thank You to rptrader for this post:
I started trading futures 2 years ago just trading stocks before that end of day. I read a few books and joined
PureTick. Well I was a newbee but I did get some education from Dr. Parnassus at a great cost. I have been in Linda Raschke's room but I still found them missing trades that I would have made because of their style.
I find the best thing to do is to watch my charts. I now use a charting program that is letting me see good times to be in the trade.
Best of trading,
The following user says Thank You to soveral for this post:
Big Mike and I had a text/chat about me not posting enough. I told him that when I really felt I had something worth sharing, I would share. During the time since our conversation I have been studying Market Profile. Some time ago I mentioned after reading Al Brook's book, that I thought is was a good book and hopefully it helped some of you.
As most of you know, trading is a lot more than setups and indicators. Price levels intrigued me
and that has been my journey over the last year. My consistency came through really learning
Market Profile. I was not able to do this on my own, so I joined a trading room.
Although, I have learned a lot from many different services/trading rooms, my true success has come
from studying Market Profile with TheTradingZone.com. This is not a pitch for their product, I was
not trying to pitch Al's book either, it is only to help those, who like me, could not count on making
money day in and day out.
They offer a 7-day trial for $1, the membership is not cheap, but has paid for itself over and over.
We did a Market Profile short trade this morning, + 9 points on the ES. Hope this offers some
help to those that really want to have consistent profits.
The following user says Thank You to GarryM for this post:
They trade all day long. As far as I can tell you can open an accnt with them and pay $119 per mo. or pay $299 monthly w/out the account.
I'm sharing my logs only for the purpose of sharing. To join the Cannon trading live room or not is totally up to you. I suggest you take their trial and make your own decision.
Attached are my trial logs as promiced - please review if interested. I was following my stop rules which are a bit different from theirs. All totals are per contract and DO NOT includeslippage and commisions. Also, the viewer of my trilal logs must be aware that some days/weeks are better then others. The week one of my trial was mostly loosing but they recovered by Fri and made profits. The week two was an very trending and profitable one.
Last edited by Al2010; November 1st, 2010 at 03:34 PM.
The following 3 users say Thank You to Al2010 for this post:
Sorry I could not reply to personal messages. It is bcs only on this forum it requires Elite membership to reply and publish links..., which is total BS to me. We should really demand to lift all these "smart" restrictions from admins.
Go to Cannontrading website -> Education -> Live webinars. Or Google for - cannon trading live webinars
Thank you all.
The following user says Thank You to Al2010 for this post:
I did some resarch on the trader that makes the calls in the Cannon room. He is a CTA and here is a link to his DDOC. The past performance results are so bad I have no idea why Cannon would use this guy:
remind of VectorVest they gave me top recomm from their chief strategist, I can't remember his name but it was one bad call after another. To this day I can't look at anything from VectorVest. Cater used to have a service that if it was a win mark that day green, loss marked red, after red week after red week he just closed it. Recently another service deleted his 'road to million' link after showing a bold red statement 'loss -1,440' for awhile new comer to his website wont know any better.