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Futures Training Program "OpenTrader" www.opentrader.com review


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Futures Training Program "OpenTrader" www.opentrader.com review

  #101 (permalink)
 
bd92154's Avatar
 bd92154 
San Diego
 
Experience: Intermediate
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jeffmum View Post
I am going to sign up for their training. Here's what I like:

1) They have a $397.00 per month (total six months) option.

2) A 60 day money back gaurentee.

3) Both Awais and Ziad are traders.

4) I emailed them and asked for references. Despite the fact they have their 60 day money back gaurentee, they provided me with two references from two traders who took their training.

many other education/trading program charge in the $3,000 range upfront with no money back guarantee.

I will report back in a few months.

@jeffmum Any follow-up on this post? Inquiring mind wants to know. Thanks in advance.

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  #102 (permalink)
 swimmer1200 
Vienna, Virginia, USA
 
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These guys completely turned my trading around! I still have the notebook with the materials in it and if you'd like to buy it, just message me. Its totally a "used textbook" with notes written in the margins but it contains all the lessons from the program.

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  #103 (permalink)
 
BeachTrader's Avatar
 BeachTrader 
Phoenix AZ
 
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I see from their site that they now charge $6,000 for their course. From reading this thread, sounds like they were less than half this price not too long ago. Talk about inflation!

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  #104 (permalink)
 RickW00716 
Richmond Virginia
 
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BeachTrader View Post
I see from their site that they now charge $6,000 for their course. From reading this thread, sounds like they were less than half this price not too long ago. Talk about inflation!

If you attend their webinar(which lately they and their affiliates have been advertising heavily) the price will be around 1/2 off probably.

When I checked them out the training was 5000 but i only paid 2000 for the training.

I have mixed feelings about it

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  #105 (permalink)
 EverydayTrader 
Corvallis, OR
 
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jeffmum View Post
I am going to sign up for their training.

I will report back in a few months.

Jeff,

Did you go through with this? How was it?

Thanks,
Todd

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  #106 (permalink)
 EverydayTrader 
Corvallis, OR
 
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RickW00716 View Post
I have mixed feelings about it

Rick,

Can you be more specific about your "mixed feeling?" How deep did you go, what do you like/dislike?

Thanks,
Todd

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  #107 (permalink)
 RickW00716 
Richmond Virginia
 
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EverydayTrader View Post
Rick,

Can you be more specific about your "mixed feeling?" How deep did you go, what do you like/dislike?

Thanks,
Todd

Course not detailed enough when it comes to entries in my opinion

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  #108 (permalink)
 
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 cunparis 
Paris, France
 
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RickW00716 View Post
Course not detailed enough when it comes to entries in my opinion

That is the key because in hindsight the EMP zones always work. Sometimes it requires getting in early ahead of the zones, sometimes it requires waiting to enter in the middle of the zone, sometimes it requires a > 4 pt stop. And that is all discretionary, so that in hindsight there is always a simple explanation that would have resulted in catching the high or low of the day and getting a big winning trade.

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  #109 (permalink)
 Itsjustamarket 
Richmond,UK
 
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cunparis View Post
That is the key because in hindsight the EMP zones always work. Sometimes it requires getting in early ahead of the zones, sometimes it requires waiting to enter in the middle of the zone, sometimes it requires a > 4 pt stop. And that is all discretionary, so that in hindsight there is always a simple explanation that would have resulted in catching the high or low of the day and getting a big winning trade.

Ah someone who has actually spent sometime in the mkt ! Well said cunparis.

drawing lines, "special" volume nodes it's all predictive BS ....It's how the average "think"

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  #110 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
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Itsjustamarket View Post
Ah someone who has actually spent sometime in the mkt ! Well said cunparis.

drawing lines, "special" volume nodes it's all predictive BS ....It's how the average "think"

Sorry but I have to disagree with this part. Finding potential areas of support and resistance is very important to my trading. The problem is that it's not enough. And that's why FT71 & EMP can disclose this info and keep secret the rest.

FT71 uses "order flow" to time entries and have low risk. He does this by reading the DOM and making really quick decisions real time. I don't know how EMP does this because he never tells. But just entering your order at the EMP zones is not enough to make money IMHO. One needs something else.

In my case I use order flow to time my entries and get low risk. I have developed my own indicators to track the order flow and find areas of support or resistance real time. When those line up with the big picture context and the potential S/R zones identified during my daily homework (similar to EMP's zones or FT71's composite levels) then I take the trade. IMHO timing the entry to have a very low risk is the key to the whole thing and that's the very part that no one, including myself, is willing to share. And for this reason I don't recommend any training programs (except FT71's inexpensive webinars which are excellent). The training will only take you so far and then leave you hanging. And with FT71's webinars being very affordable (and profits go to charity) there is no reason to spend thousands of dollars on essentially the same thing.

Think about it if a trader can make unlimited money in the markets, it would be stupid to share his entire method to everyone else, because it would increase the chances that it wouldn't work any more. So the best is to keep quiet about it and trade away. This is why all the training programs either teach you something that don't work, something that used to work but no longer does, or they teach you just a small part of the method and keep the crucial part secret.

I hope all that makes sense. Everyone may not agree but that's my experience. I've been duped so I like to warn others.

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Last Updated on December 4, 2022


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