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.
Last edited by researcher247; January 12th, 2012 at 07:36 AM.
The following 3 users say Thank You to researcher247 for this 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.
The following user says Thank You to Blitzkrieg for this post:
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.
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.
The following 6 users say Thank You to JonnyBoy for this post:
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.
The following user says Thank You to rumbero for this post:
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.
- You can't cheat an honest man -
The following user says Thank You to JonnyBoy for this post:
Broker/Data: Multiple broker + Multiple feed (for access to specific exchanges)
Favorite Instrument: European Indices, Precious Metals, Energy
Posts: 407 since Dec 2013
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I think the MP indicator looks ok other than that these guys have way too much stuff on screen for it to be digestible. I very much believe that simplicity through refining techniques is a great path forward in my trading at least.
I don't see any good explanation of their tools online anywhere nor are their videos at all explanatory of what either their process is to read the market nor how specifically they trade it, instead a lot of buzzwords and hype in my opinion, instead of consumable specifics. In balance to that point I could say that perhaps the guy is just a bad sales person in translating his method to the market, but even in that case I'd be dissuaded from investing in such a program myself.
I'd advise anyone to put more due diligence into there investments as in reality there are plenty of dodgy vendors in the market that will happily take our money trying to convince us how invested they are in our success they are when really for them it's anything but a charity and it's quite predatory sometimes on new people to the industry. I don't like to see consumers taken advantage of and personally I know I've got a lot from threads like this, long may we keep exposing bad service providers generally and push our consumer rights so vendors keep clean.