1. I have completed the opentrader course.
2. I've done plenty of other courses too, some of which were BS and some of which were valuable
3. I think the information provided overall is excellent but remember there is no holy grail in trading. At the end of the day if you can master the person in the mirror it does not matter what methodology you use, you will have a good chance.
4. The best parts I got out of this course were the self development aspects and on what areas you should be focussing on to improve your bottom line. The fact that some posters here have been talking about lack of specific details on exact setups seems to miss the point entirely and I won't expand on that further.
5. I personally trade a mix of price action, market profile and order flow. My trading has evolved over time and I hope it will continue to evolve. I am currently using the eminplayer.net monthly service as more of a learning tool and a check of my levels than anything else. I am aware of the randomness of lines as I have done Adam Grimes' course but if you have done the opentrader course you'll be aware Ziad and Awais know about that randomness just as well and do talk about it.
I will not be contributing further to this thread and I will not answer any pings on this topic. I just wanted to state my opinion.
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For those that have taken the course and have said they have benefited, it would be useful to know by how much their trading has improved. I can easily say today I feel much better than yesterday, but it is a vague sentiment, and no real meaning can be attached to it.
If you have taken a course and feel it aided your trading, then that should be measurable in the bottom line, some average percentage increase in your earnings should have occurred in the subsequent months (all other things being equal).
Else this thread (and I have read it all) is pretty uninformative to anyone wishing to make a decision on whether to take the course or not. Concepts are fine, but I would imagine no one reading this board is studying to obtain a Masters in trading theory, it is only the $$$ that count in the end.
you have to ask this question...if the person in the room can trade...why would he bother with pain in the ass students ( the answer is simple ... he just teaches trading... he can not trade ... to day trade every day you have to under stand current market conditions... like a air plane pilot....they may be able to fly under clear conditions...but they can not fly on instruments .. it takes 10 years or more with a lot of help to do that. }
For the folks who've taken Ziad's course, how effective is it in teaching how to determine the support and resistance zones to the same level of accuracy as Emini Player's daily levels? That's the primary reason I'm considering this course. I find Awais' levels to be quite accurate, and I'd like to learn to compute them for other markets such as CL and ZB. My understanding is they include about 60 or so exercises; how effective are those in providing the practical training?
What are the prime components of this methodology? Is it a mix of supply and demand zones as taught by Sam Seiden, volume profile levels, daily pivots, confluence of all of the above from multiple time frames, etc?
Are you talking about the course or the mentorship? The course goes into some detail on finding the sup/dem levels but the mentorship goes into more depth into finding them...However, there is still no guarantee yours will exactly match those of Awais's but they will be close though.
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I wasn't aware there's a course vs. mentorship; to be honest I haven't looked at the options that deeply yet. Looks like there's higher probability of getting there with the mentorship. I realize there's an element of art to this and it's not likely that any two people will get the same levels, but to get within a reasonably small delta is good enough. Thanks for your feedback.
The training programme will teach you how to derive support and resistance zones based on key principles. If you follow Awais long enough you know he also takes some small stuff into account to adjust the zones. That can be learnt with practice only. At this point of time I am able to create similar zones as Awais, let say in 90%. Some days exactly the same, most days very minor distinctions, rarely completely different (yet effective though).
Prime components are not zone composing, but getting the whole picture, just go through sections of the programme which are public and you will see what is the exact content.
Exercises are very effective, training is practical, but as I said it is the whole spectrum of trading, regarding the zones it is just few videos/exercises. And yes to your last questions, plus more. (don't know Sam Seiden, and daily pivots not included)
Training is very good investment overall
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I felt he didn't teach how he comes up with his levels at all. I found what he taught about levels to be very vague. If you think about it, he sells his ES levels for a monthly subscription so he's not going to teach everyone how to do it in his course and put himself out of business!
I also think the EMP zones are so wide they're not easy to trade because it would take a 4+ pt stop which makes it hard to get a good R:R. If you look at them it looks so obvious how price turns on his levels but look closer. Often price stops short of the zone but he'll still count that as the zone working. or price will poke through it a point and it'll still count as price having reversed there, etc. And of course sometimes it just busts through.
My personal opinion is that if you want to learn to make your own levels, start by studying Dalton's books and his free webinars and FT71's paid (donation) webinars. I think those cover it well. I think once you learn how to view the market as an auction, supply & demand, rejection and acceptance, etc. then it is less about drawing a line and waiting for price to reverse on it and more about understanding what the market is doing and what is more likely to happen next. Then you just look for good R:R opportunities and put on the trade. If you have some criteria to help with a more mechanical entry and stop placement that helps too.
Also be aware of any course where they hold back things and you have to take another course or mentorship to learn the rest. That's the Tony Robbins approach that ends up with $25,000 master seminars in Fiji!!! At least with Tony we know he is really a successful guy (even if it's just selling his classes and seminars). With trading classes, most of the traders haven't even demonstrated they make money trading. That's one reason I learned a lot from FT71. He wasn't selling me training classes and mentorship and he was consistently demonstrating he was trading. Well that was a while ago, now he's selling trading software and broker fees but I digress (and I still think he's a great trader and a great teacher!).
Buyer beware. Everyone wants a shortcut. Do the work. Study and practice (on sim!).
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