never trade their live account while being distracted...
Roger I hope you have never traded on the floor as I am sure you would have been distracted.
I am not posting here to give Roger a hard time however I want new traders to know that success from trading is in the mirror and not in purchasing some indicators or system. I can make money trading a 2 MA cross and I thought the whole purpose of a place like this was that traders could help traders for FREE teaching and learning without vendors trying to lure people to there website or trading room.
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Broker/Data: Mirus Futrues, Zen-Fire, IQFeed, Kinetick
Favorite Futures: 6E, CL, GC
Posts: 132 since Apr 2010
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Final post here...
I now have most of my core indicators pulled from DivPro and will be uploading them to the Elite area as I begin a new thread there. I hope we can then finally end all this banter back and forth about how I'm just trying to lure people to my trading room to try to sell them something. People who believe that are the ones who haven't read my posts in this thread. They're also the ones who think Floor Trading and Electronic Trading are no different. Ask any floor trader if they mentored a group of newbies every day while they had big bucks riding on their live trades...I work with several of them in the room.
futures.io (formerly BMT) is all about traders freely helping other traders. They are eager to learn but only if it has real value and truely helps them become better traders. I'm hoping that moving this to the Elite section will attract traders who want and appreciate what I can do for them.
This is a terrific group of dedicated traders. Many have worked very hard for several years with little to show for it. I believe I can help. My only request is that everyone continues to post their true feelings based on your actual experience with me...and let's all have fun in the process.
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You know one of the nice features about Big Mikes forum is that it has an "ignore" button........if you don't like this thread or Roger then I suggest you don't read his threads or use your "ignore" button........have a great day.
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I appreciate you being upfront, but like Roger said this has all been discussed before. Roger here always has to deal w/ the harm of other not-so-good training guys and I think if you listened in on the group (for free no less) then you would be able to understand better what he is trying to do.
I honestly believe that Roger Felton is not of the "I have to make a lot of money to feed my EGO" club. He sounds like a good ol' boy from Texas who has discovered that he can help other people and that gives him a good feeling and inspires him to get up in the morning. Just a guess, but I doubt he has always been like that, but he definitely seems to be that way now.
I wish Roger all the good fortune anyone deserves with decent motives. But, Danny you are right in that there are too many snakes!
Also, you do not need a CTA license (I can get one but don't have one) to call trades unless you are recommending the trades to your students to take. Roger seems to take the approach, this is what I am taking, this is what my indicators say to me, but he does not say, "Get in here, get out here..." Then, I believe he would be required to be registered w/ NFA and have CTA license.
Thanks for sharing Roger, you give me hope in thinking that not all vendors are snakes. Keep it up!
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That is not true an educator should be taking live trades. Jimmy at JPJ does. Kam at L2ST does. SIM is not the same thing people may tell you it is but it AIN'T. Do not let anyone tell you SIM trading is the same as real trading as they are lying. If someone is charging you 3k+ for a system/training that is where their core earnings are made - and its no risk. Remember the people that sold the shovels during in the Gold rush made more money than the people digging for gold - uhm what does that tell you.
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It might be no risk (he does have an investment in infrastructure and employees), but listening in on his room for a week, it's sure a lot of work. He makes himself very available to his students, it's not like he sells you an indicator and he's done with you. It's more work than I'd be willing to undertake.