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emini trading school (www.eminitradingschool.com) review
Started:June 23rd, 2011 (07:20 PM) by drdam1 Views / Replies:7,561 / 27
Last Reply:February 21st, 2013 (02:16 PM) Attachments:0

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emini trading school (www.eminitradingschool.com) review

Old January 12th, 2012, 04:13 AM   #21 (permalink)
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I don't think Blitzkreig works for the vendor or is affiliated with them. Blitzkreig, do you work for them or are affiliated with them?

I think instead it is probably just lack of experience. No offense to Blitzkreig as many (in fact, most) traders bounce around from one system to the other, and they really never truly understand trading for themselves.



Why would you spend your time in this way? I mean most vendor stuff is pure garbage, cherry picked charts, get rich quick, 2 points a day, let me show you how much money I made crap. Why would you purposely spend time in this way?

Mike

Hi Mike,

Great Question! I am single, no kids & have so much free time. Trading for me is not an occupation; it is what I do. I'm on the internet quite a bit of each day (like most traders) and the free trials and small purchases here and there help kill the boredom from my swingtrading and short-term trading.

Every once in a great while I learn a new technique or 'nugget' of knowledge. I go in phases where I couldn't care less about new methods/techniques, etc... Then I feel like checking out a few more. It's pretty much a useless hobby; but so is golf.

I'm 45 years old and in a few years I'll probably stop checking out the vendors when I find something better to do during my downtime, eh?

I guess I shouldn't have said anything specific about Blitzkreig, so I apologize for that.

I get craploads of email invitations for 'garbage' vendors--I enjoy the 'pitches'--had an old boss who was a pitchman. Checking email and surfing the web during my intraday daytrading is better than watching CNBC. When a setup appears; I then concentrate on my trading.

In the last several years I never ever spend more than $200 or so on anything and it HAS to be guaranteed money-back on my credit card. Have done some group purchases back in the day that cut out my outlay (pre 2005).

Again, that is a good question. I spend about 2.5 hours a day intraday trading and my swingtrading takes about a total of 45 minutes per day. 15 hours a week of 'real' work a week.

I guess I could be spending all my free time volunteering or finding that special woman to make babies with and make the world a better place; nope, I am not that kind of guy.

You figured out an AWESOME way to take your trading profession and expand it (to keep you sharp and assist others) by creating this cool website.

Finally, I have an outlet for trading--which is my trading partner that I work with everyday. He gets a total kick out of our stupid little hobby of checking out vendors and just constantly harassing them. There is a reason why the vendor section of your website is so popular.

It helps me to get the 'poison out' without being a menace in my local neighborhood.

: )

peace

Hedvig


Last edited by researcher247; January 12th, 2012 at 07:36 AM. Reason: Clarification...
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Old January 13th, 2012, 12:52 PM   #22 (permalink)
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I don't think Blitzkreig works for the vendor or is affiliated with them. Blitzkreig, do you work for them or are affiliated with them?

Hi Mike, I am not a vendor nor do I work for Greg or have any affiliations with the Emini Trading School in any form. I am however a current user of their software package on a daily basis as I'd previously mentioned.

The original topic of this thread was 'Does anyone have any experience with the Emini Trading School'. I can see that my positive comments have started a back lash of negative critism directed towards me. My experiences with the Emini Trading School have been different then the previous posters and I feel fortunate although I have never spent much time in the live trading room as I prefer to make my own decisions when it comes to executing a trade. Thanks Mike for allowing us all to post our personal experiences whether they be popular or not.

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Old January 13th, 2012, 02:29 PM   #23 (permalink)
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Hola Blitzkreig,

Guess what? You are probably doing it right by being self reliant.

Trading rooms are fun to hang out and stuff but very very few educators can teach and trade at the same time.

Personally, a model I would like to see developed is a trader with his dom and charts up--NO Comments. Head trader only trading for 90 minutes to 2 hours at a maximum. No live trading on Friday.

His assistant answering questions from trial members in another chat panel.

Finally, a 3rd guy explaining why the head trader is doing what he is doing and calling out the before/during/after particulars.

Then after a few months everyone gravitates to trading on their own. No huge upfront fees--completely free 2+ week trial that can be repeated and unconditional guarantee and email support staff.

Nominal $per hour consulting fee for AFTER hours teaching.

That's how I would do it and I am sure that is not cheap nor easy to assemble.

peace

Hedvig

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Old January 13th, 2012, 02:45 PM   #24 (permalink)
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Blitzkrieg View Post
Hi Mike, I am not a vendor nor do I work for Greg or have any affiliations with the Emini Trading School in any form. I am however a current user of their software package on a daily basis as I'd previously mentioned.

The original topic of this thread was 'Does anyone have any experience with the Emini Trading School'. I can see that my positive comments have started a back lash of negative critism directed towards me. My experiences with the Emini Trading School have been different then the previous posters and I feel fortunate although I have never spent much time in the live trading room as I prefer to make my own decisions when it comes to executing a trade. Thanks Mike for allowing us all to post our personal experiences whether they be popular or not.

Sorry, but they were not directed at you. Just @ the two who switch from method to method to teach new budding students...

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Old January 15th, 2012, 01:08 AM   #25 (permalink)
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'emini-trading' and the 'ACD' method


Blitzkrieg View Post
Approximately one year ago I stumbled across the Emini Trading School while searching on YouTube. Being new to Emini trading I had a few questions about their charts and methodology. I called Greg on the phone and he answered all the questions that I had. Trading at the time for me was a hobby and I realized that some investment capital was neccessary in training and software costs to hopefully speed up my learning curve. After buying and reading the book Mind Over Markets by Peter Steidlmayer that Greg recommended we read before taking his course I decided to sign up for his 6 day online live trading seminar and purchased the software package. I fully realized the risk of not receiving anything of value but after the course was over I had a completely different view and approach towards the markets as a whole. Without getting into a debate about Market Profile as many traders see it as redundant it is not a trading methodology but was designed by the CBOT as a means of getting daily trading information faster to the floor traders in the pre-electronic instant information age we now live in. Greg has created a software package that helps to portray this information as well as highlight areas of extreme or unfair highs and lows giving the trader a better likelihood of success with order placement outside of the mean. Without going into all the nuances of Auction Market theory the software for me really lays out a solid foundation of how the markets facilitate trade on a daily basis. It has however taken me quite some time and commitment to study and learn how to use the software. Of course I haven't studied or tried every other vendors software who makes similar claims but to my personal knowledge so far I haven't seen anyone else who offers a similar trading plan along with the Market Profile framework.

I haven't attended the Emini Trading School live trading room that often as to my rotating work schedule and because I prefer to trade the overnight session but from the outset of my trading I've wanted to teach myself how to trade the Emini's on my own. I realize there are hundreds of trading rooms that make claims of incredible profits as I've tried out a number of them, all you have to do is give them $300 a month to trade their winning system. Upon closer inspection their claims are usually inflated if not fabricated with the trading room really only making money on the continual memberships of perspective traders. On the flip side there are also thousands of would be traders who really have very little market experience who join these trading rooms with absolutely no interest in studying or taking any time to learn any trading rules or strategies fully expecting to quit their day job listening to someone tell them when to place their trades. With the recent surge of online trading rooms I think it isn't prudent of anyone allowing someone else to trade your money. You should make your own adult decisions whenever you make a trade. No trading room is going to make you wealthy. Only you can do that, but it requires commitment and a lot of trial and error at least this has been my personal experience. With the number of get rich quick trading websites online today you would think there would be countless numbers of traders especially at this site with their success stories. Unfortunately online trading simply is not for everyone. Greg doesn't call live trades nor does he advertise that he does. I have no way of knowing how many trading days he has in a row that are profitable. Showing proof to this claim would certainly bring credibility with it. I have been in his trading room when he has made some very accurate predictions and there have been other times when the market has gone the other way. I enjoy his commentary and market insight but prefer to choose my own entry and exit points. I don't believe rolling the dice with your hard earned money on someone else's say so is a wise thing to do.

With the original purchase of the software it was scripted to run on the Ninja 6.5 platform. A few months later Ninja 7 was released and the software templates weren't transferable to the newer version. It took a month or two during the transition but Greg had all the templates rewritten so they would function properly in the newer version. As with the original software purchase there were dozens of downloadable videos on how to set up and use the Emini Trading School software as well as pdf ready trading plans. There were also promises of future updates in video form as well as pdf format which I have received. The software updates were included free of charge but there were some additional indicators that were added at a cost of $100 to $200 dollars which came with lifetime licenses. If you choose not to purchase these indicators it wouldn't effect the way the original software package worked so you weren't forced to upgrade for fear that your original software wasn't going to function. There was one indicator upgrade that was more expensive due to scripting for the Ninja 7 platform. I purchased it and am enthusiastic about it. A one hour explanation and setup video was produced by Greg to aid in the use of this indicator. The software has performed flawlessly with Ninja 7. It never locks up or is erratic as I'm connected to the markets whenever they're open. I spent almost a full year on a part time basis due to work schedules before I started trading with live funds. I still use and execute my trading strategies using the same Emini Trading School software that I bought a year ago. To date my account has grown with the winners and losers. I have stayed in contact with Greg a few times a month over the last year just to report my progress and to stay on top of any software updates. I have always found Greg to be polite and I can't thank Greg enough for the encouragement, support and software package that he has put together to allow me to trade the way I do today.

To wrap it all up I am simply a trader of the markets who is on a journey to be the best that I can be. There are no guarantees when you trade. As a consumer who paid for a package of software and related trading tools I have received what I paid for. I have no affiliations with the Emini Trading School. Hopefully my testimonial and personal experiences will bring some balance to this thread.

***
Hi Blitz,
Thanks for your report on 'eminitrading' room. I too have varying work schedules, they
happen to be on the Rigs, northwest
of you. I wish to trade when off work and even when it's quiet on my shift.
I've attended only 1 day on the emini-trading site- and Greg and his assistant did make several good trades-
can't remember the number of trades that day-approx 12, with 9 good trades. Quite a demonstration.
I may sign up still on the fence right now.
But I would like to continue hearing of your trading adventures.
I am interested in a good trading room, but I really like the ACD method to trade by.
Cheers,
G.

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Old April 9th, 2012, 10:16 AM   #26 (permalink)
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Emini Trading School - My Experience

I joined this forum yesterday. My reasons? I want to learn how to trade. Period.

In my trading journey I have stumbled across them all; Emini Trading School, Shadow Traders, Puretick...you name it I have been there and spent money on that. Lots of money.

Was I successful? No. Not at all.

I wish I had found this forum 18 months ago to help me steer myself in the right direction. I expect I will be relying heavily on this community in the near future.

So moving on to the discussion about Emini Trading School - I bought their software and paid for their room. I spent 3 months with them.

Greg talks a good game I will give him that. And he talks, a lot. In my experience with them, his style was extremely erratic, especially his trade 'announcements' - I say announcements because he claims he isn't a trade caller and just 'hates' when people think of him that way. But when he declares a winner he will say "I hope you all got that..." or "..is anyone still holding from my last call?" - Really Greg, come on.

He has no trading focus whatsoever and is constantly (or conveniently) away from the screen when a winner is announced with a retrospetive call, sorry, 'announcement' "...didn't you guys see that? My software told you it was a time to get in because of the divergence showing here in the chart...but I was on the phone at the time." - Really? Yes, really. It is quite the show.

He refuses to show his DOM. Why? He refuses to show a track record of his so called 'xx' winners in a row. Why? I have my own track record of his calls, sorry announcements. They are nearly all losers.

The indicator build he had 'specially' programmed (for $40,000...or so he told me) looks flashy with all the dots and lines. In reality they don't really do anything more or less than other indicators I have come across and also paid for. Ouch.

The only thing I got out of them was Market Profile. Well, an introduction into doing my own research on the subject.

My advice is, please stay away from Emini Trading School. Please.

JonnyBoy

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Old February 20th, 2013, 12:44 PM   #27 (permalink)
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Grateful for your trading experiences

I have been receiving emails from eminitrading school almost daily inviting me to take there 3 day free trial. After I reviewed the products and pricing, I wanted to get other traders opinions. Thanks to the trading gods we have bigmike. i can't believe how many scam artists are preying on beginning traders. I have benn on my quest for over 2 years and have bought systems
that were bogus. Nothing can compare to do the hard work to understand price action and hundreds of hours watching charts and journaling your observations. Stay away from these jive salesmen. Remember their is a sucker born every minute.

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Old February 21st, 2013, 02:16 PM   #28 (permalink)
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@rumbero

I agree. The charlatans at eminitradingschool know how to play the game and know how to sucker newbies in.

They know that with each 'newbie' they only have a a small window of opportunity to squeeze them, until the game is up and the 'newbie' realises the $3,000 they spent was, well a waste of money. Which of course by then it is too late.

I wish I had found BigMike's forum before it happened to me, but alas, I didn't.

Good luck out there.

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- You can't cheat an honest man -
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