This is why it wouldn't be possible to follow his trades. Based on his blog, looks like he uses very tight stops (a point or less). TF frequently jumps 1-2 points in less than a minute, so by the time he's posted his trade and you enter the trade, he's probably already out of the trade and going in the opposite direction!
Exptrader I dont know if youve taken time to go to his site and to listen to his webinars.. He clearly states he posts his trades well ahead of time with the codes that his members will understand. He explains this in detail on these. Having spoken to a few of his students they all say its quite easy to follow his methodology if you know what he' s looking at- hence the training to recognize the upcoming trades. There is nothing complicated about a stop and reverse trade as long as its executed ahead of time with proper parameters.
The following user says Thank You to ironman07 for this post:
If you look at his first 2 TF trades on Mon Oct 20, 2014 it seems like it would of been difficult to get the 2pts on his first TF trade (1086.7 and 1086.5) and then still pull off the next TF trade (1087.2 and 1086.5) on that next higher high fade. Can anyone see what I am talking about? The first trade doesn't look like it went down to 1084.7 or 1084.5 to get that 2 pts. At least not with the data on my chart. (Ninja).
I don't know what is wrong with this guy from Valhalla, you may judge yourself upon my story:
I contacted him by his site and after an email we talk on Skype for about 1 hour.
After that call we agree to continue the collaboration and he send me an excerpt from his book and ask me about my opinion about what he wrote there. Meanwhile I was reading his book I ask him if he can provide something more accurate than his blog writings about the trade he takes. Since I understood from him he is using Ninja I ask him if he can provide imagine from his Ninja Control Center as those available on Jaguar Trading blog.
After this email he answer he can not provide such a thing and then never answer on any further emails nor Skype messages nor call tentatives from my side.
So, my advice is go find yourself a mentor that can provide a certified trade log statistics since there are more these days than used to be a few years ago and do not pay up front huge amount of money based on trades logged on a blog. Don't invest in someone who can't prove he deliver at least for himself what promised to teach you.
There are mentors who can provide Ninja Account performance posted during the trading day , mentors with verifiable trading log during trials even mentors who will charge you based upon your trading results.
Maybe he is a genuine trader and his only problem is a big ego (how could a future student to ask for performance proof ?) but big egos are usually poor teachers.
Last edited by Cristian; October 25th, 2014 at 07:27 PM.
The following 2 users say Thank You to Cristian for this post:
Will actually trades on IB. He uses Ninja for charting. I don't know that many mentors that will show you their personal statements. Besides they can be altered. For example you point to the Jaguar Trading Blog site. In reading that futures.io (formerly BMT) review recently, it sounds like something fishy may have been going on there. So I hope you do your own due diligence and don't just rely on published results in determining what is right for you.
I don't know if statement in Ninja can be altered or not , as they are published during the day the trades occur, but at least at Jaguar you can pay 50 bucks per month to see Edwin trading before paying him 3k upfront.
Or, you can go to TheTradingClan and pay them 199 per month (or wait till they have the free week) to see if their long trade log is true or not.
Beside this, a trading log can tell you more than if a system is profitable or not: since you may have access to see DD and MAE so you can see if the system fits you since you may make a lot of money but big losses can be hard to swallow.