Has anybody looked at eminijunkie.com? I heard the founder in an interview and he seems pretty reasonable and has some sound trading principles. He sells his trading plan/setups in a PDF for $67 and he has a chat room for $69/mo. I get his daily videos which review the day and he seems to usually get about 20-30 ticks a day on the ES, usually scalping 4-8 ticks at a time.
If you're interested and looking for a trading mentor to follow you might want to check it out.
Platform: Sierra Charts, Investor RT, Ninja Trader
Favorite Futures: NQ
Posts: 527 since Sep 2009
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I guess my question about his results has to do with him using a simulator DOM in his videos and the disclaimer on his website that he uses certain filters in the trade room that cause his real results to be different than what he posts in his video and on his website. I am a former user of the TransAct AT platform and recognize what he is videotaping to be the simulator DOM.
Overall, were you profitable while a member of his room?
Does anyone knows someone who has been profitable in one of these rooms ?
We can read sometimes things were people found the room XX useful, learn a lot in it, etc, so they are maybe not all too bad, but someone writing "I've been a member of this room, and I'm now profitable for the last months." ?
(someone which is not working for the room itself, because we also had these examples here ).
Usually in trading, those who know don't talk, and those who talk don't know. (Al Brooks)
success requires no deodorant! (Sun Tzu)
I think if people learn how to trade a certain way by following a chat room they eventually stop paying for the chat room because they don't need it anymore because they've learned how to personalize it to the way they want to trade, or else it just didn't work for them.
I used to be in the MasterTheGap.com chat room every day until I figured out how I like to trade gaps for myself and now I don't go to the chat room, unless I want to hang out there (I'm paid through November) and see what's going on.
I bought the trading plan and did the chat room for a few weeks. It speed up the learning curve. The ones on the daily video are cross over trades. Most of the trades are profitable in the morning than the afternoon. The only problem with this trading plan it uses limit orders so sometimes the good trades just touch the entry but don't get filled or sometimes they happen so fast. Overall is not a bad place to start off trading. He trades under strict rules and doesn't go chasing trades or moving targets.
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