I haven't done it but I would say it's legit. I watch their Youtube videos all the time. They have a similar style of trading as that of John Grady (NoBSdaytrading) if anything it will probably be a bit overpriced at a guess. Trading Courses is also a good course by Guy Bower, he use to run the training program for an Aussie Prop shop.
I've done John Grady's Webinar, twice. In general, the principals are similar, but there are some differences as well. I won't repeat the pros and cons as you can go read that up in his own thread. Safe to say, I find what the trainers at Futex are teaching to be more 'current' with market conditions. Although both are very much focused on reading order flow, I think the guys are Futex seem to have gone above and beyond the standard fade and breakout trades. I cannot confirm this as I have not done the course yet, but this is what I'm seeing based on their YouTube videos and also having done a trial of their FutexLive room.
Also, John only focuses on US treasury markets (he does have the ES up, but that's only for correlation purposes), this course should be more focused on Bund, Stoxx50 and Euro. Which I think is good even if you don't trade these markets because the liquidity of these markets are similar to that of crude and the ES/NQ etc... So I feel learning how they interpret the order flow in these markets will be more applicable. The US treasuries are really in a class of their own, and make no illusions about it, learning that market is learning that market, no other market has volume so thick that you can afford to wait and see if a level has participation or not.
Also, one important thing which I think is worth mentioning is, these guys are Futex are still very much active trading in a Prop firm. While John, has been out of the prop firm environment for several years now (probably more than 5). It's like taking the lion out of the jungle and putting him in the zoo..... what do you think will happen over time?
LoL. I make it sound like I already attended the course. But these are all just my thoughts that I'm considering. If anyone has other input, please share. Thanks!
Last edited by KelvinKing; March 19th, 2016 at 12:07 PM.
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Oops. I guess I wasn't very clear. I meant he's not been in a prop firm for several years now. As far as I know, he still trades on his own. Edited my original post for the benefit of other readers. But really, if you want to know more, I suggest you post in his NoBS thread.
Last edited by KelvinKing; March 19th, 2016 at 12:09 PM.
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Ive never done a review before so bear with me.
The Price ladder training course for me personally was a game changer. The course itself is structured very well. You are given specific modules to complete from the very basic at the beginning to more advanced towards the end. Each of the modules show you different price ladder patterns which you must learn and are extremely in depth.
After a number of modules you are assigned drills to complete, one each day. At first you think to yourself why the hell am I doing this? But towards the end of the course everything comes together.
As well as the drills you are given a chance to practice what you have learned each day in a recorded simulated environment.
I have done many courses in my time, namely two of John Gradys Webinars, Joel Parkers price action course and I have trawled through the information on the Jigsaw site. But although these courses are great, the light bulb turned on after the Price Ladder Training course. Why?? STRUCTURED LEARNING and PERFECT PRACTICE.
Initially it was hard for me to let go of the Jigsaw DOM but in my personal opinion after this course I just don't need it any more. The ladder Futex uses is on a par with Xtrader if not better.
I cannot speak more highly of the PLT course. It has been the icing on the cake for me.
The mentors are on hand to answer any questions and students can talk to each other live via a chat window which I highly recommend doing, people see order flow differently and its good to see a second opinion.
Any one wanting to take the PLT course you will not be disappointed.
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