NexusFi: Find Your Edge


Home Menu

 





L2ST experiences? (www.l2st.co.uk)


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Bankrobber with 4 posts (4 thanks)
    2. looks_two wwwingman with 3 posts (10 thanks)
    3. looks_3 hawkvt1 with 2 posts (0 thanks)
    4. looks_4 Trafford with 2 posts (8 thanks)
      Best Posters
    1. looks_one KumoAssasin with 14 thanks per post
    2. looks_two Jigsaw Trading with 8 thanks per post
    3. looks_3 Trafford with 4 thanks per post
    4. looks_4 wwwingman with 3.3 thanks per post
    1. trending_up 35,228 views
    2. thumb_up 67 thanks given
    3. group 29 followers
    1. forum 38 posts
    2. attach_file 0 attachments




 
Search this Thread
  #21 (permalink)
 Bankrobber 
manchester
 
Experience: Intermediate
Platform: tradestation
Trading: oil
Posts: 59 since Mar 2010
Thanks Given: 16
Thanks Received: 25

Hi

I thought i would but my two pence in.... I was in the room for 4 months while Kam was live trading and at best he was neutral on the P&L.

Kam did trade the DAX in the mornings, however never with the room (which was open)? He would go though the trades after the fact which is very easy to do if you want to appear profitable.

I did come across a video on youtube a few months ago, and the method was different however still based on MP.

Having said that, Kam was very good presenter

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
What a Cool Draw/Markup Tool!
Traders Hideout
How to: Multi Time-Frame Volume Profile?
NinjaTrader
Need help updating setting in RSqueeze indicator for Nin …
Platforms and Indicators
DOM in QTrader vs Bookmap
Platforms and Indicators
Server CPUs and Multicharts 14 or 15 limits
MultiCharts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Fighting Addiction and Stops
17 thanks
Big Mike in Ecuador
6 thanks
Just another trading journal: PA, Wyckoff & Trends
6 thanks
Crossing the Abyss: An Adventure Guide by Snax
4 thanks
Want your NinjaTrader indicator created, free?
4 thanks
  #22 (permalink)
 justtradeit84 
Singapore
 
Experience: Beginner
Platform: Dont know yet
Trading: ES
Posts: 63 since May 2012
Thanks Given: 23
Thanks Received: 26

so,Kam copied the volume profile concepts from FT71 without referencing the original source? I think this is likely coz I watched some of his presentation earlier on and he didnt use Vp.He used traditional MP and Vwap but alter some of FT71 stuff was circulated on internet,this guy started talking about VP,HVN,LVN.Or FT71 copied from Kam? anyone got any ideas? Is Kam really profitable? He charges big money for his trading room using the concept copied from someone else and doesnt offfer trial,which is rediculous to me.Is he is so good why afraid of giving people 2,3 day trial!

Reply With Quote
Thanked by:
  #23 (permalink)
 wwwingman 
Paris, France
 
Experience: Intermediate
Platform: SC, NT, ToS
Trading: CME & Eurex Futures
Posts: 116 since Apr 2011
Thanks Given: 339
Thanks Received: 194



justtradeit84 View Post
so,Kam copied the volume profile concepts from FT71 without referencing the original source? I think this is likely coz I watched some of his presentation earlier on and he didnt use Vp.He used traditional MP and Vwap but alter some of FT71 stuff was circulated on internet,this guy started talking about VP,HVN,LVN.Or FT71 copied from Kam? anyone got any ideas? Is Kam really profitable? He charges big money for his trading room using the concept copied from someone else and doesnt offfer trial,which is rediculous to me.Is he is so good why afraid of giving people 2,3 day trial!

I spent ~7 months in Kam room. And learned a lot about trading, volume profile, auction process, footprints, psychology.
I saw all FT71 videos and subscribed to his website and learned the concepts of volume composite and some very basic money management.

I don't know who copied and if someone copied and believe it is not important. Focus on yourself and what those traders can do for you.
FT71 shares ideas but does not tell you how to trade. This is ok, because he gives ideas that you can take and after a lot of work maybe able to do something.
Kam teaches you to trade. Or at least the way he does his trading. And he charges what you consider to be a lot of money. That is your perception and it is legit.
So with FT71 it is cheap and you will spend years to make your research. With Kam it is what you call expensive but will take shorter time. Choose what's best for you.

I believe Kam is very profitable but more involved and more focused on European sessions.

Concerning the trial, I actually agree with him. He gives a lof of material free (videos etc..). So his ideas and approach can be seen easily on his youtube videos or free webinars. If you want to learn volume profile, then commit yourself to his package and the room for at least 6 months. Again, the question is not about Kam. It is about you. DO YOU WANT TO LEARN Volume profile trading. If yes, Kam is probably one of the best.

My 2 cents... and obviously just a perception of things...

W.

-- The rest is silence
Reply With Quote
  #24 (permalink)
 Bankrobber 
manchester
 
Experience: Intermediate
Platform: tradestation
Trading: oil
Posts: 59 since Mar 2010
Thanks Given: 16
Thanks Received: 25


wwwingman View Post
I spent ~7 months in Kam room. And learned a lot about trading, volume profile, auction process, footprints, psychology.
I saw all FT71 videos and subscribed to his website and learned the concepts of volume composite and some very basic money management.

I don't know who copied and if someone copied and believe it is not important. Focus on yourself and what those traders can do for you.
FT71 shares ideas but does not tell you how to trade. This is ok, because he gives ideas that you can take and after a lot of work maybe able to do something.
Kam teaches you to trade. Or at least the way he does his trading. And he charges what you consider to be a lot of money. That is your perception and it is legit.
So with FT71 it is cheap and you will spend years to make your research. With Kam it is what you call expensive but will take shorter time. Choose what's best for you.

I believe Kam is very profitable but more involved and more focused on European sessions.

Concerning the trial, I actually agree with him. He gives a lof of material free (videos etc..). So his ideas and approach can be seen easily on his youtube videos or free webinars. If you want to learn volume profile, then commit yourself to his package and the room for at least 6 months. Again, the question is not about Kam. It is about you. DO YOU WANT TO LEARN Volume profile trading. If yes, Kam is probably one of the best.

My 2 cents... and obviously just a perception of things...

W.

U believe kam is profitable? What is this based on? I was in the trading
Room for months but he never did 1 trade live or show accounts?
I've seen his recent method and its different from what was taught even
1year back? I personally don't think he's makes money trading but makes via
Expensive subscriptions......

Reply With Quote
Thanked by:
  #25 (permalink)
 wwwingman 
Paris, France
 
Experience: Intermediate
Platform: SC, NT, ToS
Trading: CME & Eurex Futures
Posts: 116 since Apr 2011
Thanks Given: 339
Thanks Received: 194


Bankrobber View Post
U believe kam is profitable? What is this based on? I was in the trading
Room for months but he never did 1 trade live or show accounts?
I've seen his recent method and its different from what was taught even
1year back? I personally don't think he's makes money trading but makes via
Expensive subscriptions......

Yes, I believe Kam is profitable based on the time I spent there, and the many live trades I saw (ES/NQ).
Maybe something changed in the room, or maybe he preferred teaching during august, a historically slower and choppier market period.

More important, if you believe a mentor is useful and worthy (you spent a month there, so I suppose the answer is yes, and I share this opinion), you still need to be in FULL CONFIDENCE with him. This does not seem to be your case with Kam, so stop immediately and start looking for someone else.

-- The rest is silence
Reply With Quote
Thanked by:
  #26 (permalink)
 
xiaosi's Avatar
 xiaosi 
Brisbane, Queensland, Australia
Market Wizard
 
Experience: Advanced
Platform: JIGSAW/SIERRA CHART
Broker: MacQuarie Futures/AMP Clearing/CQG
Trading: HHI, HSI, FDAX
Posts: 500 since Feb 2012
Thanks Given: 448
Thanks Received: 535

FWIW, Kams room is listed as a training room, not a trading room...

It's laughable to think anyone can copy MP and VP concepts isn't it?

Follow me on Twitter Reply With Quote
  #27 (permalink)
 
Trafford's Avatar
 Trafford 
London, England
 
Experience: Intermediate
Platform: Ninja
Broker: Mirus Futures/Zen-Fire
Trading: EUR
Posts: 337 since Sep 2010
Thanks Given: 378
Thanks Received: 229

I know Kam and Brian from L2ST quite well. I think they are straight up guys but they run their organisation like a business. A friend of mine is interviewing a list of trading celebrities to which he is hoping to market very soon. And it was interesting to note that very few, if any, are actual traders, most are educators.
I just think people who trade just focus on how to trade. Teaching people hope to trade has become a business all in itself so I would not worry about whether the guy you are learning off of is profitable but more importantly is the information that is being taught to you meaningful to you and if you applied it does it make you profitable. I mean how many college lecturers who teach business studies actually have run a successful business? You can get 10 people trading the exact same system and only one of them are actually profitable, why is that you may ask. Well, there are many reasons why that is, the same as there are many dieting fads; every time a new one emerges we follow it in the hope that we do not have to do anything to achieve our goal.

If you can find a successful trader to learn form then that is the best way for sure, but if not rooms such as L2ST are a beginning. Remember this not every day is there really good opportunities in the market and the less you trade the more profitable you will become but if you want to trade everyday then there are rooms that will encourage you to do so.

Be diligent, do your homework and seek the right people for you. Know when a guy is making more from trading education rather than actual trading. IT is not difficult to establish that.

Reply With Quote
  #28 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 871 since Mar 2012
Thanks Given: 289
Thanks Received: 587


longboat View Post
Mike asked us to separate comments into a new thread so.... Please share your experiences about L2ST. I am thinking of joining but trying to decide between L2ST and 2 other market profile rooms.


good basic training at a fair price....

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #29 (permalink)
 matthoffman 
wichita,ks, united states
 
Experience: Advanced
Platform: NinjaTrader
Broker: AMP
Trading: ES,TF,NQ,CL,
Posts: 19 since Jan 2014
Thanks Given: 427
Thanks Received: 16

I debated joining Kam's room for several months before I finally just gave in and joined it. After 2 months spent in the room I think the negative posts come from traders looking for a trade calling service. Kam teaches a method that if your new to order flow, market profile, or trading, you can use this method to create a trading plan. Kam is very responsive during the season and does an excellent job answering questions and working with the traders. The primary focus during the trading hours is the ES. I've experienced a lot of poor customer service in the "trading help" business, and I feel that Kam is worth the price.

"When new money is created on a grand scale, it must go somewhere and have some major consequences. One of these will be greatly increased volatility and instability in the economy and financial system."
J. Anthony Boeckh
Follow me on Twitter Reply With Quote
  #30 (permalink)
 Pipo1980 
Zürich / Switzerland
 
Experience: Intermediate
Platform: NinjaTrader + Market Delta
Broker: Mirus + DTN_IQFeed
Trading: Futures
Posts: 5 since Jan 2012
Thanks Given: 19
Thanks Received: 1


Hi to all!


I was one full year in his room. I learned a lot. I can highly recommend it!
Yes this room should no be used to trade. It's more for education.

You will learn a lot about market structure and volume Profile.
How to make a daily plan. How to be Patience and wait until the Price get to your Level.
How to execute by orderflow. And how to scale out an manage your trade.

But after one year you will see, that not the technics allone makes you a good Trader.
No. It's more the control of your Emotion. The discipline and Patience.

He is a very good educator and a smart men.

Is Kam profitable? Yes he is!

Peace to all!!

Reply With Quote




Last Updated on November 1, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Sitemap - Downloads - Top
no new posts