I've been in rooms were the moderators were trading live,sim and or not trading at all. The difference is in the live rooms I been in the moderator was trading more then a couple contracts the situation could turn your stomach when trading was bad but joy when good because it was REAL. The live room moderators made more mistakes and broke there rules more then you would think but still managed to make money. To me a live room is the moderator showing a live dom or live trader plaform that you can see most if not all the time. If you only want to learn the method then live is not important.I am not in Simon's room everyday because I get distracted and want to focus on my trading. IMO when you learn a method (when learning try to copy the method as close as possible) thoroughly then you can break it down and make it your own. I don't trade the same way as Simon but use parts of his method for my own style of trading.I went back in the room last week and Simon has the Ninjatrader chart trader up and showing his account number everyday I was there.
The following 2 users say Thank You to markw for this post:
People all have different opinions on Simons room. Some people like his style of trading and some people like his method. Some people don't. Hey everyone is different. U will not know until u take his course. I have taken many courses as well besides Simon's and I have learned something from everyone of them. And now have a style of trading that works for me. This is journey I do believe every trader takes. It takes a long time becoming a good trader does not happen over night. If u are willing to take the time to develope ur trading style and stick to it I will say the odds of u becoming a successful trader is very high. If u take Simon's course u will develope a good trading foundation to build ur trading style. But if u want it to be quick and easy then I would suggest you should find something else to do for a living.
The following user says Thank You to mik65 for this post:
Hi all My first post here and was wondering if anyone is considering purchasing the L2ST 3 day video course, if so would love to chat to you as I am really looking to purchase it but would like views from others, I know this thread is about futuresfx and I am sorry for going off topic, so to stop this thread being about L2ST please private IM me if its something you are looking at as I am still not sure about it and the cost is high.
Please start a new thread to discuss L2ST as needed.
-- Big Mike
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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I couldn't quite tell if you are still discussing futuresfx on this thread or not. But if so, nqcruiser is right. Futuresfx (Simon's) room is the real thing. He trades live every day in front of students. He carefully explains what he is doing and answers all questions from students. No secret indicators to buy or any other nonsense.
Simon is a talented trader and watching him is very helpful. I have been a member of his for over a year and I think it is the single best move I made to keep me in the game (in addition to Big Mikes of course). Simon is very patient and members of his live trading room are a great group of traders that trade at all levels; beginners to advanced. The live trading room is relaxed and friendly. There are also many members that visit the room occasionally that have been members for many years, which says alot.
I highly recommend futuresfx. I also found it to be a great compliment to the FT71 and DiscoveryTradingGroup series of webinars.
Hope that helps.
The following user says Thank You to billr for this post:
I totally agree with you. He's educating while trading in front of a live audience and with live money. That is really all you can ask from someone. Even if someone calls out a trade, the outcome will be different for everyone who hears the call. You'll never trade like him because each person has their own hangups, account size etc... What's important is you take the educators basics and apply to your own skill-set in hopes to better your own trading. If you can't learn from that over time, you probably won't ever be a successful trader.
I saw he only offers life-time membership now on his site (futuresfx.ca) for the fees of over $7000 , which is damn expensive in my opinion? anyone joined his program recently? Can you guys give reviews here please?