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@matevisky, Is totally understand where you are coming from, but most the ones posting in this thread have paid money to Ed to look over his shoulder, to watch him trade, to have an honest trainer, to be trained how he trades, that has never and I repeat NEVER happened.
1. If you see the time stamp on his trade....how many are taken at the time the room is open?, 2-4 maybe (after 20 plus trades again outside the room), yet no one see's ED trade. Please tell me why? This is his main thrust to training a new trader. Yet, this does not happen.
2. You can see by the logs that I have posted (in an earlier post) something is amiss with his post, why are they doctored? Only explanation is that he’s a liar. He has to cheat the trading world to spoof his numbers, if anyone has a shred of honesty, and ANY character this would not be questioned. I do not see this in your thread, but I see it with ED.
I implore anyone who gives this guy money is giving money to a trading blood sucker.
I am not the only one saying this, look at the others that have posted; they have stated the same thing. Again they have paid money to be treated like a fool, and now are speaking out. So now he is a liar and a cheat, what more must be proved? NOTHING.
If Ed was honest why would he go behind the scenes to get new targets? He has stopped posting on his open blog, he doesn't trade in the room, and he doesn't call out every trades targets, stop and entry. Do most people need this, no, but he states it in his front page. Tell me why lie, only reason is because he has too. If he wanted to prove that we are wrong, all he would have to do is show his brokerage statements, why would he say, he’s not taking anymore new people?, why would he change his course of business, because he cannot refute what we are saying.
If Ed was honest, which he isn’t? He would have to trade with a video real time, showing all his trading, while doing an acid test. He would have to post a brokerage statement for me to believe anything that is posted after the so called fact. If fact I would only believe Big Mike to review his trades to call them correctly.
Ed has traded capital of others, and as far as I know he has never made money doing so. I would like to see proof that I am wrong, but again only brokerage statements, from the person who's $$ was traded.
So, if anyone would give this so-called after the fact trade money, then you deserves to take it as a 100% lost and not complain about it you have been forewarned.
What’s my issue here, well its simple, I am tired of trainers outright lying, and deceiving people to make the money he has. These people make money 3K in my case, they when you get their so-called system, it’s some videos, pictures, and come into the room and we’ll trade, well, that watching over my should never happened, he wanted to watch over my should, and get mad when I didn’t take the right trades, after the fact according to him. We never got to watch him trade as he states, look over my shoulder, see my entries, stop management, and targets. When Ed has 4-5 successful traders, and none are using his method as he teaches, why, because Ed cannot trade in front of his room. He has about 70-100 people who have given money. Shouldn’t a trader who knows how to trade, be able to have a better average then the trading industry’s failure rate. Ed’s rate is the same, no better. Again why is this the case, and this comes from his own page. He’s almost proud of this fact. Sad really.
If I'm wrong, someone show proof that this is not correct. Please save your 3K and find someone honest, who is transparent, who doesn’t have to lie. Good trading.
@tradermark2009 . Let me be clear. I am not defending Ed. He can defend himself, I am just simply saying the example what has been shown is totally legit for me. He was going short, and he grabed the win. I was checking only your logs, and pointed that out that seems fair for me.
All the other things what you are saying is not my right to decied.
Having entered the trading room, I can understand why the members are disappointed and angry. The website posts amazing results but most of the winning trades are taken before or after the trade room is open. I was far from impressed by the trading I saw in the room and the fact that members are complaining of trades appearing and disappearing from the posted performance figures is making total sense to me.
After seeing Jaguar on BM i decided to give it a trial. I paid for 1 month because any other form of evaluation is useless. i soon found that Ed was not actually trading but commenting on moves long gone. after a few days i asked if he could actually call trades ahead of time with targets and stops. He would do nothing but change the subject to act as if he was helping a club member. i even reminded him that i would need to see actual trades in real time and didnt care about his diversions but he would just run away. when I would ask why his blog reports didnt include all the losing trades he had discussed he suggested that his style wasnt for me. Your f%%cking right i insisted. I didnt ask for a refund and just figured it was a good learning experience as i didnt expect him to be able to replicate his results going in. In conclusion his system is just a bunch of ideas and fragments that are readibly available and he is the artful dodger throughout the trading day trying to pass his class off the the lost souls that have paid him $3000.
I noticed that he believes that price does not trend? So does this mean he doesn't trade pullbacks? In one of his webinars he mentions BT/CT and trend re-entry which sounds like he does trade trends.
He has in the past, have a setup using a 3 range bar on a 3TR that when price pulls back to the ATR and touches in and can go thru the the atr by 1 tick ia a trade entry. If price action is still bar over bar and you have room to a previous high or keltner channel high. Now he has changed it up since the beginning of the summer so I am not sure what he is pushing now. BTW, the entry chart has to be based on a trend of renko spectrum trend, and trend bias on 15, 30 minute charts. Using a 50 cci to see if divergence or trend is showing.
Hi Paul, thanks for the heads up on that. If you see one of his charts at the top one does say sim. He sure doesn’t want to show the sim tag on his summary page. My issue is that newbie’s will interpret that as trading live. They also assume that he can trade sim that way that he could trade live the same. We both know neither one of those are correct. I know he is doing something, but no one will say anything in the thread who is in the room. That also is strange in itself. Going 71 and 2 in 1 day is GS status. Yet he is hidden in a blog, go figure.
Using this link, see the market profile chart, and go to the right (7 pages which he shows he added as he went for the same day 11/06, then the last is where he finished. All I can say from having been a memberis for 4 years is this ?
I have a chart that he sent out in the summer and said these are my charts now, and the ones posted are only a fraction of what is shown. Maybe I will post it at a later date.
Hi @matevisky, if you traded the CL what would you use as an entry and HTF (higher time frame) charts. Since you like the TF, would you trade the CL the same?
Maybe this is not the best place to discuess my view on this. Here is 2 simple idea. None of them has been tested or validated, just selected randomly:
Same target zone, different reading (my target zone is calculated from presession range + fib extension...) You did the same math with your own analysis... I believe it makes sense:)
Just for a sake of fun, and to my hungarian buddy : daddy . I made a quick configuration to Crude oil. Once again, no analysis behind at all, just fun to see, how it is played out
(Globex period end : 9:00 - I KNOW there is no globex on crude I KNOW) …
As always:
- You need good place to look for trade
- You need good price action to take trade
- And you need good understanding what is happening on the market
Yeah, I think it was 71 and 2 for last week. This guy is the greatest trader on the planet right now... And every month this year. I doubt that GS would take the other side of his trades.. LOL