These guys always shoot for at least 2:1 RR but more often are targeting 3 or 4:1 RR.
You can review these past videos to see how Awais prepares for the day. http://bitly.com/bundles/eminiplayer/2
Watch the videos and then pull up a chart and see how each day went and how well his levels performed. He also tweets quite often what is happening.
For example: When there is a trend day in progress he will post that he will not be buying/selling against the trend.
I've been with opentrader for almost a year and have been helped a great deal...it took a while for the concepts to sink in but it's now paying off for me.
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64K on a 200K account is trading well beyond industry risk/reward per trade. I guess everyone can strike oil the thier backyard 1 time. That is irresponsible to say the least. Good luck...you'll need it.
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opentrader methodology, as jos pointed out earlier, isnt much different from ft71 volume at price work. he charges 6k now for his course. i saw update where a new trader make 1000k in one month, trading 20-30 contracts. i think opentrader lacks transparency. they run the emini tradingroom that doesnt provide any proof of performance. my verdict: snakeoil.
My experience with OpenTrader is just outstanding. I can recommend it to every developing trader. For me it was eye-opener. Everything has changed since that for me.
Training reflects the style which Ziad and Awais both trade. It is based on reading market contextually using principles of market auction (price action & volume profiles), using internals such as TICK and Advance/Decline lines, doing top-down analysis, using ability to read market day-by-day and always put everything into context. It takes time and work to embrace this style, to integrate that principles and to learn trading it properly. Nor Ziad or Awais claim that it is easy or you can do nothing and make money immediately. No, this requires hard work and dedication. But it is approach that makes a lot of sense to you, that gives you freedom in trading. To see what is content of their training take a tour on their website, there is brief descripiton of every section and of each lesson.
Together with Awais' EminiPlayer website, where he shares his trade plan with S/R zones + daily recap video/review, you can really boost your learning curve. Awais is super precise in his levels (which you will shortly learn to spot yourself after taking lessons from ProTraining) and also he is excellent in his trade plan based on context reading. That is area I still have to work on. Learning all of this gives you the edge to trade almost every day profitably and to take advantage of every market condition.
I am aware of many good traders out there, which won't find value in it, because they learn it themselves. But in my case I would never make it without Ziad and Awais. No matter what someone, who doesn't know them and who don't follow/speak to them on daily basis, says, these guys are amazing traders, fully transparent to me, they are very generous in answering all questions and most of all they are great people.
Fully Transparent. How do you know they are amazing traders? Do you just take their word on it. When I tried their trading room awhile back they did not take live trades and they never showed their trades. Sure they show a great winner now and then as every other salesperson selling trade training software. But a single winner proves nothing. they may have had 10 stop outs before that winner. It is the overall results that count. I do not understand why anyone would invest money with someone that does not show their trades and actual proof they can trade profitable. Yea , I know in this business that is taboo to ask for. But until buyers of these products demand transparency and proof they can trade profitable; well what can I say except a fool and his money are soon departed.
O come on guys... Eminiplayer posts each evening his entries and exits for the day. They are always prefect trades at the highs and lows of the trading range.... His trading should be netting him millions a year or his revenue from eminiplayer/opentrader.com 300-400k a year... You decide.
I wrote my personal experience with them, my own opinion on these guys, based on more than year watching and listening to them every day. My post is not here to bring proofs or to convince you or others here in forum. I accept your opinion, if you don't trust them, why you even bother with them? They are useless to you. But they are not to me and they can help many others, who can read my post and your post and make their own decision about them.
I don't need too see Awais or Ziad statements, how would that help me? I can see that their level of expertise is based on real-time successful trading and they don't need to persuade anyone, they help those who want and that is it.
Eminiplayer highlights all possible setups for the day for educational purpose while he trades only some of them. He mentions this quite often, also admits loosing trades. However, those recap/review posts aren't there to show his trading, but to go over what happened, why and what lessons are there. If you can take advantage of it and make money, why you have a need to see his results?
Instead of being doubtful and hateful think about what you are doing for others to help them? So far it seems you do nothing, probably you have nothing to help with. While I am helping those who need it by giving them good reference on guys who are truly helper to trading community. Adios.
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