Has anybody got some experience with them by now ?
They currently offer a 'Scholar Apprenticeship" for whoppy $7.500, discounted by about $2.500 and give away two of them for free if you sign up for their room until April 30th, which will be $297 / Month including the indicators.
@cory: As I already own RJay's Bars and use them, I would need to know WHAT kind of Fat Tails stuff to apply and how to determine the settings....any ideas are highly appreciated.
His results have been amazing to say the least, but we don't know about the other days (in which a performance is not posted). Anybody can give an honest feedback?
Here are some of the room summary videos: FuturesWizards's channel - YouTube
I did their trial for a week. It is unofficially live calls. It seems like the host is trading sim. Those good results are the combination of the room , which is only 2 hours and after room trades. So trades posted after 10am or so are not seen in the live room. It felt like it was always the same one or two people making comments which the host would respond to, which could not be seen as they always had the chat software closed so it didn't show the number of members nor chat text. They seem to have a programmer working on improving their indicators or something new coming up. The method itself seemed very similar to CJBooth's 6E trading strategy in particular the big trigger line and small trigger line pairs. Which in turn CJBooth said he learned from NexGen. They use fib extensions to gauge targets. And they have some proprietary generated s/r levels which seem pretty good for the most part. There was pressure to join the apprenticeship program. The whole method is seemingly explained only if one joins the apprenticeship. Again, why need to charge for costly mentorships when one is supposedly making big money trading? I still get daily result emails from them , but I'm too jaded to take seriously the almost always positive trade results posted anymore. The host trades better than average, but it still felt like sim. And I did not like the after session trade markups to bolster the daily report.
Last edited by Cloudy; July 22nd, 2012 at 07:51 AM.
oddly enough, I had the occasion to speak with an ex-apprentice. To say he was disappointed, would be the understatement of the year. I can't coment on the system as my information is second hand, but after talking with this individual, my advise would to be very very VERY careful about this group. He even gave up trading after his experience.
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They have a new site "www.futuresgenius.com" ; . If you see the sample video on futuresgenius.com , it's the same host using the same "trigger-lines" envelope indicator. Before there was a proprietary histogram oscillator (only available if you signed up for the apprenticeship, otherwise it was $300/month for the live webinar room). Now it looks like the MACD-BB at the bottom.
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