so,Kam copied the volume profile concepts from FT71 without referencing the original source? I think this is likely coz I watched some of his presentation earlier on and he didnt use Vp.He used traditional MP and Vwap but alter some of FT71 stuff was circulated on internet,this guy started talking about VP,HVN,LVN.Or FT71 copied from Kam? anyone got any ideas? Is Kam really profitable? He charges big money for his trading room using the concept copied from someone else and doesnt offfer trial,which is rediculous to me.Is he is so good why afraid of giving people 2,3 day trial!
The following user says Thank You to justtradeit84 for this post:
I spent ~7 months in Kam room. And learned a lot about trading, volume profile, auction process, footprints, psychology.
I saw all FT71 videos and subscribed to his website and learned the concepts of volume composite and some very basic money management.
I don't know who copied and if someone copied and believe it is not important. Focus on yourself and what those traders can do for you.
FT71 shares ideas but does not tell you how to trade. This is ok, because he gives ideas that you can take and after a lot of work maybe able to do something.
Kam teaches you to trade. Or at least the way he does his trading. And he charges what you consider to be a lot of money. That is your perception and it is legit.
So with FT71 it is cheap and you will spend years to make your research. With Kam it is what you call expensive but will take shorter time. Choose what's best for you.
I believe Kam is very profitable but more involved and more focused on European sessions.
Concerning the trial, I actually agree with him. He gives a lof of material free (videos etc..). So his ideas and approach can be seen easily on his youtube videos or free webinars. If you want to learn volume profile, then commit yourself to his package and the room for at least 6 months. Again, the question is not about Kam. It is about you. DO YOU WANT TO LEARN Volume profile trading. If yes, Kam is probably one of the best.
My 2 cents... and obviously just a perception of things...
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The following 2 users say Thank You to wwwingman for this post:
U believe kam is profitable? What is this based on? I was in the trading
Room for months but he never did 1 trade live or show accounts?
I've seen his recent method and its different from what was taught even
1year back? I personally don't think he's makes money trading but makes via
The following 2 users say Thank You to Bankrobber for this post:
Yes, I believe Kam is profitable based on the time I spent there, and the many live trades I saw (ES/NQ).
Maybe something changed in the room, or maybe he preferred teaching during august, a historically slower and choppier market period.
More important, if you believe a mentor is useful and worthy (you spent a month there, so I suppose the answer is yes, and I share this opinion), you still need to be in FULL CONFIDENCE with him. This does not seem to be your case with Kam, so stop immediately and start looking for someone else.
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The following user says Thank You to wwwingman for this post:
I know Kam and Brian from L2ST quite well. I think they are straight up guys but they run their organisation like a business. A friend of mine is interviewing a list of trading celebrities to which he is hoping to market very soon. And it was interesting to note that very few, if any, are actual traders, most are educators.
I just think people who trade just focus on how to trade. Teaching people hope to trade has become a business all in itself so I would not worry about whether the guy you are learning off of is profitable but more importantly is the information that is being taught to you meaningful to you and if you applied it does it make you profitable. I mean how many college lecturers who teach business studies actually have run a successful business? You can get 10 people trading the exact same system and only one of them are actually profitable, why is that you may ask. Well, there are many reasons why that is, the same as there are many dieting fads; every time a new one emerges we follow it in the hope that we do not have to do anything to achieve our goal.
If you can find a successful trader to learn form then that is the best way for sure, but if not rooms such as L2ST are a beginning. Remember this not every day is there really good opportunities in the market and the less you trade the more profitable you will become but if you want to trade everyday then there are rooms that will encourage you to do so.
Be diligent, do your homework and seek the right people for you. Know when a guy is making more from trading education rather than actual trading. IT is not difficult to establish that.
The following 7 users say Thank You to Trafford for this post:
I debated joining Kam's room for several months before I finally just gave in and joined it. After 2 months spent in the room I think the negative posts come from traders looking for a trade calling service. Kam teaches a method that if your new to order flow, market profile, or trading, you can use this method to create a trading plan. Kam is very responsive during the season and does an excellent job answering questions and working with the traders. The primary focus during the trading hours is the ES. I've experienced a lot of poor customer service in the "trading help" business, and I feel that Kam is worth the price.
"When new money is created on a grand scale, it must go somewhere and have some major consequences. One of these will be greatly increased volatility and instability in the economy and financial system."
J. Anthony Boeckh
The following 4 users say Thank You to matthoffman for this post:
I was one full year in his room. I learned a lot. I can highly recommend it!
Yes this room should no be used to trade. It's more for education.
You will learn a lot about market structure and volume Profile.
How to make a daily plan. How to be Patience and wait until the Price get to your Level.
How to execute by orderflow. And how to scale out an manage your trade.
But after one year you will see, that not the technics allone makes you a good Trader.
No. It's more the control of your Emotion. The discipline and Patience.
He is a very good educator and a smart men.
Is Kam profitable? Yes he is!
Peace to all!!
The following 4 users say Thank You to Pipo1980 for this post: