Can you guys confirm that most market profilers as discussed here, jpj, tradergirl etc. focus mainly on the ES with conventional MP setups like the opening range, the 1pm trade setup, if price opens up outside Yesterday's value area you bet price will return to it, price makes range extention then you can trade a bounce off the POC or the opposite Value Area High or Low accordingly etc. i could go on. But if you try to apply these concepts or setups to other instruments they usually do not work as well, could you confirm this ? is it just a wrong perception on my part. The ES seems to be a better fit for MP analysis than other symbols. That's one of the reason why i am slowly putting MP aside.
I don't see why anyone would have a problem with matching JPs entries, as he's not scalping. The ones I heard were called in advance. He scales in so there's plenty of time to get a fill. He's not averaging down... his first position is small, then he adds more size at a better price that is defined by his entry zone. So far I find his approach very professional.
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I like the way JP has things setup for trying out his room.
You have one free week to check things out.
If you want to go further with him it is $400.00/month for 3 months max. After $1200.00 you are grandfathered in for the life of the room.
He is definitely not a hard sell, and discourages traders who like to scalp from joining. He likes to hold trades till the end of the day if he gets enough scales off & the market does not come back to his entry.
He is not for everyone as was mentioned in a previous post but he comes across as honest and experience trader.
Last edited by Ben16JP2; September 30th, 2011 at 02:07 PM.
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JP has his shortcomings and his style is not for everyone but one thing you can be sure of is that he is very honest and would not rip you off. To imply otherwise without evidence is simply malicious. Granted, he has angered some people, and it sounds like you may be one of them, but I am sure you cannot give any example of where he cheated or ripped off financially anyone who attended his trading room.
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JP is far from being a sales person , proof , he offers one trial a year , he is never pushing people to take his course , he never sends you newsletters full of great trades and great looking charts .
I think it's one of the most honest traders/teachers out there , plus you have access to very unique set-ups if you are a serious Market profiler .
that's my 2 cents..
"Risk more than others think safe.
Dream more than others think practical.
Expect more than others think possible.
Care more than others think wise"
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He is never a salesman - good trader and a fully enjoyable room, his style of trading just didn't mine and after a while it just became a place to hang out and that was never my objective. JP is honest and will do right by people that want to learn and does not let people in his room to sell their services. The only person he allows in his room that sells any type of services is Chad. I wsa in his room when he chucked TraderGirl out for that very same thing.
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