TheSwede 

noushina gave a pretty good explanation on how Tom trades, post 111 in this thread. Further more if you know what to look for you can scan for the best videos on youtube to get some ideas, no need to watch them all. There are lots of free info on his site tradertom.com with guides on how to trade etc. You need to make some efforts on your own, don't think Tom wants to spoon feed people.

By the way, thank you for directing me to post #111. But the fact that he scalps is self evident.

Don't get me wrong here, I do really like Tom despite him being cranky and his jokes are pretty good! I just wish he would open up a little more about his trades. Of course, as his points out, you get what you pay for! He is completely free and doesn't sell a thing. I recommend him.

Anyone heard of Eddie Small of Eddie Trades? He has a         room and a few YouTube videos, and has an interesting indicator, but I would like to learn more.
Thank you

noushina 

Looks like everybody ran out of steam. I have paid on and off for Al Brooks. Think I am done with paying the fee, or buying old month recordings. I listen to Trader Tom sometimes, and sometimes trade along with him. He plays for BO scalps; and so trading ranges tend to F him up. Over all he clearly kicks my butt, and I don't plan to look at any other trading rooms beyond his. Well, I might check out the free NT8 analysis again - but it just seemed like so much after the fact analysis to me when I did check it out. Summary comments Free Trader Tom: free, live trades scalping Footsie and Dax for about an hour or 90 minutes on London open. Then Dow and Nasdaq for 60 or 90 min on US open Often jumps on the first bar or two Looks at support resistance, bar closing above or below previous BAR high or low, and filling gaps or looking at gaps as S/R He briefly explains some of his trades with a chart and a few words Cusses people out for stupid questions that they could answer themselves - but with at least 2000 people live when he is trading you know that is going to happen. He refers people to Al Brooks, and shows where free Al Brooks stuff is easily found. Al Brooks: $100/month live analysis, but no live trades spoken about; $50 for to buy previous months I think SEC has requirements that Al Brooks does not want to deal with if calling out live trades while charging a fee. 9 or 930 to noon, with some trading and analysis by Brad in the late afternoon There are no live trades being called, but are often implied i.e. "if bar closes here it will probably continue" " if this bar closes on or near its high then ..." Rose does 80% of the shows, and never stops talking, it seems like. Very distracting. Al does about 4 shows per month now. Tom did a couple but I think doesn't like all the people complaining that he is not following Al's teachings. Both Al and Rose will tell you many of the trades they took, and WHY, either during the next bar, or end of session.

Hello noushina,

Thank you for the write-up. I appreciate your thoughts and quick summary.

Question please:

1. When Tom scalp trades, is he using All in and All Out Approach to trade management. For example, is he stating his fixed profit target and fixed stop loss price as well?
2. When Tom scalp trades, does he scale in (or average in) to a losing position when the trade goes against him?
3. When Tom scalp trades, does he show the chart and the actual trades for all to see? Or is he just calling out entry and exit prices?

@Joseph Connors you may charm in if you know this answers, I really appreciate it.

Thank you so much.

goodoboy 

Hello noushina, Thank you for the write-up. I appreciate your thoughts and quick summary. Question please: 1. When Tom scalp trades, is he using All in and All Out Approach to trade management. For example, is he stating his fixed profit target and fixed stop loss price as well? 2. When Tom scalp trades, does he scale in (or average in) to a losing position when the trade goes against him? 3. When Tom scalp trades, does he show the chart and the actual trades for all to see? Or is he just calling out entry and exit prices? @Joseph Connors you may charm in if you know this answers, I really appreciate it. Thank you so much.

His site is free, just join and watch a session and all your questions are answered.

1) He calls the stop and the entre but not the target. The numbers don't match futures because he is trading CFD
2) He never adds to a losing trade, as far as I know. He only adds to winners. It is a rule that I think he is very strict about.
3) He does not show the chart at the same time, last I knew (I havent been to the site to trade for a couple of months now). Problem with lag. So he does audio and then pops un a chart sometimes to show why he took the trade.

noushina 

His site is free, just join and watch a session and all your questions are answered. 1) He calls the stop and the entre but not the target. The numbers don't match futures because he is trading CFD 2) He never adds to a losing trade, as far as I know. He only adds to winners. It is a rule that I think he is very strict about. 3) He does not show the chart at the same time, last I knew (I havent been to the site to trade for a couple of months now). Problem with lag. So he does audio and then pops un a chart sometimes to show why he took the trade.

Thank you so much noushina.

It is very nice of Tom to actually have something for free and actual trade lives for all to see.

lol, it better than the other trading stuff I paid for, where I had no clue they trading live or not.

FYI, I was apart of Brooks for awhile as well.

Liberty Trading Club - I have been a member for a little over 4 months now, I can honestly say that overall it's been a 'game changer' for me. The room is primarily all about 'education' (yes they do call trades) - but the best value I've received is from the education.

The primary coach (Alex Wasilewski) is an extremely good YM trader (they also have an ES trade room, but I am in the YM room). They provide a significant amount of training videos covering the main setups that the room uses to open/manage/exit trades (if you select the "pro" level membership) - I started out with the pro level (to gain access to the training videos) but just recently moved to their "standard" level now that I've completed all of their video training. You do get a lot of benefits with the pro level (pro level provides Liberty Trading Zones which you can access via ninjatrader as well as daily live training between 12:30 - 1:00 pm). The biggest benefit is that throughout the trading day Alex is providing training to the room members - he can definitely get a bit cranky at times and yell at some of us when we don't follow the rules, but the bottom line is the guy really seems to care about mentoring people into becoming great traders. Although I don't keep stats on the trades that get called, i can easily that MOST of them are winners.....if you follow their trade management guidelines, you SHOULD make money (but more importantly, you will learn how to trade effectively on your own).

The ES room coach is Brian Parton - I've attended a lot of his live training classes in the beginning (and he's also made a lot of the video training you'd have access to) - also a very good trader (but most of my experience is with Alex in the YM room). I've had a couple of coaching calls (one with Alex and one with Brian) - I think they still provide one (free) coaching call when you join for the trial.

When I was doing my own due diligence on the room (prior to joining) I did come across some negative info about Alex online (found here at NexusFi, most from some other futures industry guy dean handley) while I can't speak for other's experiences, I can easily say that I haven't seen or experienced anything that bothers me (I don't even mind too much when I'm getting yelled at, it makes an impression and I've learned from it) - so if you're looking to learn how to trade futures effectively, I would recommend giving the room a try (I'm pretty sure they still offer a free trial). Definitely worth checking out imo (especially if you're new or still struggling).

Dinvest1982 

Liberty Trading Club - I have been a member for a little over 4 months now, I can honestly say that overall it's been a 'game changer' for me. The room is primarily all about 'education' (yes they do call trades) - but the best value I've received is from the education. The primary coach (Alex Wasilewski) is an extremely good YM trader (they also have an ES trade room, but I am in the YM room). They provide a significant amount of training videos covering the main setups that the room uses to open/manage/exit trades (if you select the "pro" level membership) - I started out with the pro level (to gain access to the training videos) but just recently moved to their "standard" level now that I've completed all of their video training. You do get a lot of benefits with the pro level (pro level provides Liberty Trading Zones which you can access via ninjatrader as well as daily live training between 12:30 - 1:00 pm). The biggest benefit is that throughout the trading day Alex is providing training to the room members - he can definitely get a bit cranky at times and yell at some of us when we don't follow the rules, but the bottom line is the guy really seems to care about mentoring people into becoming great traders. Although I don't keep stats on the trades that get called, i can easily that MOST of them are winners.....if you follow their trade management guidelines, you SHOULD make money (but more importantly, you will learn how to trade effectively on your own). The ES room coach is Brian Parton - I've attended a lot of his live training classes in the beginning (and he's also made a lot of the video training you'd have access to) - also a very good trader (but most of my experience is with Alex in the YM room). I've had a couple of coaching calls (one with Alex and one with Brian) - I think they still provide one (free) coaching call when you join for the trial. When I was doing my own due diligence on the room (prior to joining) I did come across some negative info about Alex online (found here at NexusFi, most from some other futures industry guy dean handley) while I can't speak for other's experiences, I can easily say that I haven't seen or experienced anything that bothers me (I don't even mind too much when I'm getting yelled at, it makes an impression and I've learned from it) - so if you're looking to learn how to trade futures effectively, I would recommend giving the room a try (I'm pretty sure they still offer a free trial). Definitely worth checking out imo (especially if you're new or still struggling).

Do they use indicators for signals or discretionary trading, price action?


Sent using the NexusFi mobile app

58LesPaul 

Do they use indicators for signals or discretionary trading, price action? Sent using the NexusFi mobile app

they primarily trade in the direction of current trend and momentum using various indicator/MA's as a guide for execution. They will do some counter-trend trades, but HIGHLY encourage the newbies to sit those out. (I double-checked this morning, they DO still offer a free trial - that's the best way to check them out)

DO THEY USE PRICE ACTION TRADING METHODS??

DO they have a price action trading room?

Dinvest1982 

Liberty Trading Club - I have been a member for a little over 4 months now, I can honestly say that overall it's been a 'game changer' for me. The room is primarily all about 'education' (yes they do call trades) - but the best value I've received is from the education. The primary coach (Alex Wasilewski) is an extremely good YM trader (they also have an ES trade room, but I am in the YM room). They provide a significant amount of training videos covering the main setups that the room uses to open/manage/exit trades (if you select the "pro" level membership) - I started out with the pro level (to gain access to the training videos) but just recently moved to their "standard" level now that I've completed all of their video training. You do get a lot of benefits with the pro level (pro level provides Liberty Trading Zones which you can access via ninjatrader as well as daily live training between 12:30 - 1:00 pm). The biggest benefit is that throughout the trading day Alex is providing training to the room members - he can definitely get a bit cranky at times and yell at some of us when we don't follow the rules, but the bottom line is the guy really seems to care about mentoring people into becoming great traders. Although I don't keep stats on the trades that get called, i can easily that MOST of them are winners.....if you follow their trade management guidelines, you SHOULD make money (but more importantly, you will learn how to trade effectively on your own). The ES room coach is Brian Parton - I've attended a lot of his live training classes in the beginning (and he's also made a lot of the video training you'd have access to) - also a very good trader (but most of my experience is with Alex in the YM room). I've had a couple of coaching calls (one with Alex and one with Brian) - I think they still provide one (free) coaching call when you join for the trial. When I was doing my own due diligence on the room (prior to joining) I did come across some negative info about Alex online (found here at nexusfi.com, most from some other futures industry guy dean handley) while I can't speak for other's experiences, I can easily say that I haven't seen or experienced anything that bothers me (I don't even mind too much when I'm getting yelled at, it makes an impression and I've learned from it) - so if you're looking to learn how to trade futures effectively, I would recommend giving the room a try (I'm pretty sure they still offer a free trial). Definitely worth checking out imo (especially if you're new or still struggling).

Ah yes, another 2 post member touting a trading room. Here's some info on Alex Wasilewski:
https://www.elitetrader.com/et/threads/alex-wasilewski-article-in-futures-truth.322303/

Puretick (puretick.com now puretick.co also Market Dancer marketdancer.com) I see that Pure Tick has a track record of over 89% winning trades, according to their website. If anyone who has been, or currently with pure tick please give a review. Questions I would like to know: Are entry prices called in advance? Are stop …