Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
"STRESSLESS"
does this word exist in english? I didnīt find it in my dictionary. But in the company Iīm in we work with high precision machines to make very exact holes with machines named "stressless" that couldnīt be done manually same way.
Iīm happy! Because Iīm in a room where I learned trading, to understand whats goin on, with indicators and with price-action and with psychology and with money-management. I can trade with patience and consistency now, this is not goin in one week, but I learnt it. And I can do my trading STRESSLESS - and this is important to avoid my losers - I can work stressless because I can trade with a strategy-manager and I have control over my trades.
I have been in many rooms last 2 years, in Germany, in UK, in Australia and of course in the US. Iīm in business and I recognized who wants to make a fast business with me (beside the understanding of the trading in the meantime of course too). I was looking for a serious trading room and Iīm happy to have one. I can - no, I have to! - recommend Jams StrategicDaytrading.com for education and for daily live-trading room. This I have to say here on this site where are discussed or questioned about rooms. I see here comments about many rooms I know and I have been with, I donīt want to comment, I donīt refer to one to blame maybe someone, there are a lot of guys doing this. I can just honestly say take a trial with strategicdaytrading.com.
Everyone wants some extrinsic agent to make the decisions for them, to remove stress.
If you're paying for a room and you're A) successful and B) Actually learning how to replicate the results so you can eventually do it on your own (in intimate detail), then that's great. It's a good bridge.
My experience with the one trading group I was in, was that the moderator used different charts than me, had different platform and there was no video feed, only skype, and so even though the group was profitable, I felt like if the moderator was runover by a bus tomorrow, took an oathe of silence at a temple, moved to Antarctica,....whatever, I'd be left high and dry.
So I set out to learn and discover on my own.
I think groups and seminars and training are great when you're just starting out, but I also feel that eventually, if there is such a thing as intrinsic reward (job satisfaction, pride, sense of accomplishment, etc) with trading, it's only found when you blaze your own path.
Is it more stressful making your own trading decisions? Surely. Is it more rewarding? Possibly. Is it less "risky" in terms of discovering the group or the leader left, died, was sued and shutdown, etc, tomorrow? I'd say absolutely.
Furthermore, you may discover that the trading room you're using is holding you back from profits you never realized you could attain.
"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
So let me get this straight... He has an automated system that nets > $80 000 in 4 months trading 1 contract, and a max drawdown of <$2500. By trading 10 contracts, he would make $3.2 mil a year. But still he takes time to have a trading room, offer seminars and, on top of all, sell this magical system to anyone who wants to get rich?
In fairness, it's $80k but you'd have to fund all those instruments in order to have them all in play at the same time, so the overall return is diminished by a factor nearabout 5 or so. But still.....
I'm with you. If something seems too good to be true...it usually is. And if he's truly trading "live" he'd be 100x better off focusing on trading instead of powerpoint presentations and running a business trying to sell the golden goose to others.
Ask yourself this.....if you could make $4k/month with a drawdown half that, trading 1 car, would YOU sell the system to someone else?
"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
I honestly don't know why I keep opening these threads. It just bothers me that beginning traders give these people money....
@Big Mike Would it be possible to add a feature that allows one to hide the "Vendors" forum and posts related to it. When I log-in and scroll through the new posts and see something called "stressless trading", I am not strong enough to resist the temptation to read it...