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bill logs each trade meeting his setup. he is a screenshot used for yesterday free 4 hour webinar.
there is a webinar each and every saturday
trendisyourfriend
Quebec Canada
Market Wizard
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,178
Thanks Received: 6,022
I have attended a couple of his webinars as well as his saterday sessions. I like his trading philosophy, no prediction, just price dynamics, so forget Fibonacci projections, risk:reward concept which are based on prediction etc.. He is a living example we can trade from price action alone a bit a la Brooks but trying to do what he does must take quit a bit of practice and you'd need to enter into his head. He speaks too much to my taste (this is a characteristic of many vendors). But apart from that i think his basic message has some merits. You don't need to follow his training to benefit from him. A couple of sessions was enough to retrieve the quintessence of his message. After that, it's your own journey.
This guy might be great but after listening about 15 minutes of him talking drove me crazy....It's probably just me but there is no way I'd pay anything to listen to this guy talk for 3 months
Zoethecus
United States of America
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009
Truly remarkable and utterly impossible to believe in the absence of a certified audit from a reputable accounting firm.
If this is true, there should be a 15 foot statue of Bill in front of the CME building. Moreover, why isn't Bill trading millions of OPM and taking a 2/20 rake instead of dealing with retail traders for a lousy $3K fee?
trendisyourfriend
Quebec Canada
Market Wizard
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,178
Thanks Received: 6,022
Marketing is marketing and it costs nothing to exagerate a little bit to gain one more pupil ;-)
P.S. Sceptics too doubt that Noah could have caught all the animals and got them into the ark.
Zoethecus
United States of America
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009
What you call exaggerating, I call lying. Guess I'm just old fashioned.
Given the choice between these two, I'd go with Noah. He was interested in saving the sheep; McDowell wants to fleece them.
instead of building a statue, i think it would be correct if retail traders vote with their subscriptions, and that bill has a long followong in his room. of course, there r few successfull traders with a huge gap between teacher and pupil. on days when bill takes 60 trades on cl with 90% win rate, his best pupil puts in 10 % of that.
of course he talks too much. when i started with peter bain, i was told to repeat the dvd sessions and to repeat over and over until i understand certain concepts. bill saturday webinars r four hours long. try to repeat that. his mentoring sessions are hours. how long would u repeat if u r dump to get a point
yes definitely the issue of why somebody this successful has to do any mentoring possible has philantropic underpinnings. cer4tainly i wont sit the whole day with a bunch of students for five hundred if thats what i make in two or three trades. of course individuals want to have some proof of helping and doing community work. this man trradess 16 contracts on cl and dont really need sudents, left alone saturday informercials