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  #1 (permalink)
 
Ben16JP2's Avatar
 Ben16JP2 
New York, United States
 
Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker: Optimus/Rithmic
Trading: ES
Posts: 75 since Oct 2010
Thanks Given: 179
Thanks Received: 33

How is the Market Profile course at BalanceTrader?
Do they offer a trade room?

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  #3 (permalink)
 
TheSeeker's Avatar
 TheSeeker 
Germany
 
Experience: Intermediate
Platform: MT4, StrategyRunner
Trading: ES,EUR/USD,Oil
Posts: 127 since Dec 2010
Thanks Given: 81
Thanks Received: 73



Ben16JP2 View Post
How is the Market Profile course at BalanceTrader?
Do they offer a trade room?

I purchased the course a couple of years ago and put it aside after a few weeks as I had hoped for more specific (green/red light) setups back then.

I also attended the chat room in which he discussed market profile and setups as they were unfolding during the trading day. The room was for educational purposes and not meant as a signal service although he did share his trades. To my knowledge, he doesn't run the room anymore.

I'm very sure that Frank is a good trader, his basic approach to MP makes a lot of sense and can be very profitable.

It' all about using MP as a structure by merging profiles, nothing spectacular really, but it works. It takes lots of practice and screen time, though (in my case, a couple of years).

Just do yourself a favor and don't get lost in the traditional MP à la Dalton. Interesting but way too complex for applying it to trading.

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  #4 (permalink)
 ghoti 
Daytona Beach
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus/Zen-Fire
Trading: ES
Posts: 54 since May 2010
Thanks Given: 7
Thanks Received: 100

Frank's was offered an opportunity to start a new project that takes up most of his time. His room is still open and a few of us still hang out there, but Frank's not there.

I believe his website is still available with all his videos.

ghoti

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  #5 (permalink)
 
Ben16JP2's Avatar
 Ben16JP2 
New York, United States
 
Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker: Optimus/Rithmic
Trading: ES
Posts: 75 since Oct 2010
Thanks Given: 179
Thanks Received: 33

In the course are there specific setups taught?
If so,
How many setups?
Are there things to look for as a trade sets up to take it or pass on it? I realize nothing is 100%.
Does Frank teach where it would be logical to place a stop? & Profit Target areas?

Thank you @ [COLOR=#26478c]TheSeeker and @ [COLOR=#26478c]ghoti[/COLOR] for your posts above, it is very much appreciated.
[/COLOR]

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  #6 (permalink)
 
Ben16JP2's Avatar
 Ben16JP2 
New York, United States
 
Experience: Beginner
Platform: NinjaTrader,TradeStation
Broker: Optimus/Rithmic
Trading: ES
Posts: 75 since Oct 2010
Thanks Given: 179
Thanks Received: 33


ghoti View Post
Frank's was offered an opportunity to start a new project that takes up most of his time. His room is still open and a few of us still hang out there, but Frank's not there.

I believe his website is still available with all his videos.

ghoti

Yes, Frank is very busy but he was able to answer my e-mail.


Ben16JP2 View Post
In the course are there specific setups taught?
If so,
How many setups?
Are there things to look for as a trade sets up to take it or pass on it? I realize nothing is 100%.
Does Frank teach where it would be logical to place a stop? & Profit Target areas?

[COLOR=#26478c]TheSeekerThank you @ and @ [COLOR=#26478c]ghoti[/COLOR] for your posts above, it is very much appreciated. [/COLOR]

In his e-mail he mentioned that he has " 3 main setups, although their frequencies vary. One setup occurs most frequently. The next one occurs less frequently but is quite accurate. The last rarely occurs, but is extremely accurate."

Plus he was able to answer my other questions.

Checking out his website it looks like he is offering something that can help me in my trading, and it is not expensive.

Next week I plan on trying out his course.

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  #7 (permalink)
 
Devil Man's Avatar
 Devil Man 
Fort Lauderdale
Legendary / Stochastic Calculus is not your friend
 
Experience: None
Platform: Ninjatrader, Python API
Broker: CQG
Trading: ES,NQ,CL
Posts: 849 since Oct 2009
Thanks Given: 3,392
Thanks Received: 1,534

I am doing the Balance Trader course right now and I am very happy with it - lot's of material and well worth the money IMHO.

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  #8 (permalink)
 51smoker 
Ontario, Canada
 
Experience: Intermediate
Platform: NinjaTrader
Broker: GFF, IB
Trading: ES, NQ, GC, CL
Posts: 11 since Feb 2016
Thanks Given: 1
Thanks Received: 1


Devil Man View Post
I am doing the Balance Trader course right now and I am very happy with it - lot's of material and well worth the money IMHO.

Is Frank still trading or teaching? I cannot view his website.

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  #9 (permalink)
 john5 
Los Angeles, California, United States
 
Experience: Advanced
Platform: ThinkOrSwim, Ninja Trader
Trading: Futures
Posts: 116 since Aug 2013
Thanks Given: 5
Thanks Received: 80

Would be interesting to see his course...

Is he still around? I could not find anything other than one random video and some scattered posts.

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