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Ten-thousand in Education and still not profitable!


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Ten-thousand in Education and still not profitable!

  #231 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
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SawDr View Post
I noticed CJBooth's website has been taken down - wonder if he still has a room.

I heard back from him. He's not keeping his website up anymore at this time. One could still contact him by email about his trading room which is still on I would think. If not, his basic method is detailed on his thread, along with downloadable .pdf manual and screenshots.

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  #232 (permalink)
farmer55
Minneapolis+ MN / USA
 
Posts: 32 since Jan 2011
Thanks Given: 1
Thanks Received: 57

A yr later and still getting posts. I could show people how I do it in less than 5 min. I could also sell it. But I'm afraid someone might actually buy it. First thing they would say " That's it? That's all you do? "

It most likely will stop with me. I haven't come across anyone that I would trust with the knowledge.

Remember: No one gives the directions to their buried treasure.

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  #233 (permalink)
 
Lornz's Avatar
 Lornz 
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
Posts: 1,193 since Apr 2010



farmer55 View Post
A yr later and still getting posts. I could show people how I do it in less than 5 min. I could also sell it. But I'm afraid someone might actually buy it. First thing they would say " That's it? That's all you do? "

It most likely will stop with me. I haven't come across anyone that I would trust with the knowledge.

Remember: No one gives the directions to their buried treasure.

Pick me, pick me!? Pretty, pretty please with sugar on top!

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  #234 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
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Cloudy View Post
I heard back from him. He's not keeping his website up anymore at this time. One could still contact him by email about his trading room which is still on I would think. If not, his basic method is detailed on his thread, along with downloadable .pdf manual and screenshots.

His and Perry's are very similar. Of course, there is always 'discretion' and what happens is that as soon as there is 'any' discretion, there is a new 'rule', then it starts to change, indicators get added and it is like watching a dog chasing his tail...

All the brand new people have their first taste of how trading is an imperfect science... I was there not long ago....

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  #235 (permalink)
 roztom 
Chicago, IL. USA
 
Experience: Advanced
Platform: IRT, Bookmap
Broker: Rithmic MBO Data
Trading: ES/NQ/Volume Profile
Posts: 42 since Oct 2011
Thanks Given: 24
Thanks Received: 96

Since there are some who are consistently successful, may I suggest that someone wanting to succeed at this business build it as a business.

One of the most difficult things I believe is finding a setup(s) that fit you the individual.. It is like finding the perfect glove. No matter how nice a glove may look on someone else if it doesn't fit you, you can't wear it... (Sorry for the anology).

You really only need one setup to make it.. just one. OF course it must be tested so you have the confidence to execute it consistently and also you need to know how to manage risk, stops, etc. You need to do the work.

If you know what works and you have the Stat's to back it up..then you are on your way..

I don't want to make this sound simple but many, including me, thought that complex was better..the "secret sauce." The special indicator nobody else has... just not the way it has to be..

It does take time.. today, with Sim there is no need to blow out your account. If you blow out your account either you haven't done the number crunching or, IMHO, you have a discipline/impulse issue.

I don't want to make this sound simple but simple, relatively speaking is better.

In this forum, there really are the keys to the kingdom..just make sure the glove you wear really fits...

Tom

Regards,

Tom

Trading Is A Journey of Self-Discovery, Not A Destination.
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  #236 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,171
Thanks Received: 6,018


bluemele View Post
His and Perry's are very similar. Of course, there is always 'discretion' and what happens is that as soon as there is 'any' discretion, there is a new 'rule', then it starts to change, indicators get added and it is like watching a dog chasing his tail...

All the brand new people have their first taste of how trading is an imperfect science... I was there not long ago....

The difference with Perry's method is that Charles insists more on the context than Perry does. For some, it can make a difference. The basic trending system as proposed in his thread here on futures.io (formerly BMT) is complete in my opinion. No need to add the kwikpop or JSServices's levels.

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  #237 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
Thanks Given: 289
Thanks Received: 773


roztom View Post
Since there are some who are consistently successful, may I suggest that someone wanting to succeed at this business build it as a business.

One of the most difficult things I believe is finding a setup(s) that fit you the individual.. It is like finding the perfect glove. No matter how nice a glove may look on someone else if it doesn't fit you, you can't wear it... (Sorry for the anology).

You really only need one setup to make it.. just one. OF course it must be tested so you have the confidence to execute it consistently and also you need to know how to manage risk, stops, etc. You need to do the work.

If you know what works and you have the Stat's to back it up..then you are on your way..

I don't want to make this sound simple but many, including me, thought that complex was better..the "secret sauce." The special indicator nobody else has... just not the way it has to be..

It does take time.. today, with Sim there is no need to blow out your account. If you blow out your account either you haven't done the number crunching or, IMHO, you have a discipline/impulse issue.

I don't want to make this sound simple but simple, relatively speaking is better.

In this forum, there really are the keys to the kingdom..just make sure the glove you wear really fits...

Tom

Yep! Old school website but NQOOS agrees. Me too! I use 2 setups everyday, day in and day out for my fast-timeframe intraday volume-based charts with 4 different timeframes.

Trade Setups This is his 'setups' page, some are more robust and timeless than others.

NQoos -TradingNaked " master your setup, master your self" Profitable Trading Techniques for emini futures His main page.

Finally, someone on Panda Warrior Journal page referenced the 'floor trader setup' (very closely related to my main trading method efuturevision); all good stuff.

I like established trends and then trading the 1st pullback (on a particular timeframe) within that trend.

Rinse repeat 2-3 times for the day and particular instrument and then be done with intraday fast volume chart trading and then look at my other short-term & medium-term swingtrading methods and go to the gym for lunch and relax in the afternoon.

peace

Hedvig

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  #238 (permalink)
 roztom 
Chicago, IL. USA
 
Experience: Advanced
Platform: IRT, Bookmap
Broker: Rithmic MBO Data
Trading: ES/NQ/Volume Profile
Posts: 42 since Oct 2011
Thanks Given: 24
Thanks Received: 96


researcher247 View Post
Yep! Old school website but NQOOS agrees. Me too! I use 2 setups everyday, day in and day out for my fast-timeframe intraday volume-based charts with 4 different timeframes.

Trade Setups This is his 'setups' page, some are more robust and timeless than others.

NQoos -TradingNaked " master your setup, master your self" Profitable Trading Techniques for emini futures His main page.

Finally, someone on Panda Warrior Journal page referenced the 'floor trader setup' (very closely related to my main trading method efuturevision); all good stuff.

I like established trends and then trading the 1st pullback (on a particular timeframe) within that trend.

Rinse repeat 2-3 times for the day and particular instrument and then be done with intraday fast volume chart trading and then look at my other short-term & medium-term swingtrading methods and go to the gym for lunch and relax in the afternoon.

peace

Hedvig


Thanks! I didn't know Jim had a website... and that he was doing a room, etc.. I'll have to drop him a line.

Tx,

Tom

Regards,

Tom

Trading Is A Journey of Self-Discovery, Not A Destination.
Follow me on Twitter Reply With Quote
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  #239 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748

Bobby's back. But his new thread was closed. Bobby how about posting here? or your other ten-thousand and profitable thread?

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  #240 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748



trendisyourfriend View Post
The difference with Perry's method is that Charles insists more on the context than Perry does. For some, it can make a difference. The basic trending system as proposed in his thread here on futures.io (formerly BMT) is complete in my opinion. No need to add the kwikpop or JSServices's levels.

Just to add to this. Charles had been using kpjs during his original thread. He couldn't post screenshots with it due to vendor policy. He still prefers to use kpjs in his live trading troom. the JS lines help with targets, R:R ratios, and s/r. I suppose one could still use the basic method successfully and in combo with other methods. Personally I'm sold on JS, not as much on KP though I've gotten used it (and that KP also has their own room daily and there a few KP specific setups that Charles also uses in his room). I think most of us who continued in his room signed on kpjs mainly to be able to continue to attend and trade with and to be mentored by him.

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