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Trading Tigers

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ice_28

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Hello,

Has anyone heard of 'Trading Tigers'? Jodie Ellis of Trading Tigers claims that their SPI trading strategy returns 1000%/year (or even more)?
Their course costs $5000.

Has anyone done any of their courses?

I'd like to hear from the current Trading Tigers members.

Thanks
 
Looks like they claim to have caught the bounce from February. Introducing (luring?) more traders into the SPI is a good thing I suppose. Something to be learned every day whether you pay someone to learn or not.

Besides, all the testimonials made a packet. :p:
 
Let's see now.

Trade with $10,000

Year 1 - 1000% return

$10,000 -> $110,000

Year 2 - 1000% return

$110,000 -> $1,210,000

Year 3 - 1000% return

$1,210,000 -> $13,310,000


And all that for ONLY $5000.
Would YOU sell a strategy that could turn $10,000 into 13 million dollars in 3 years for $5000?

I didn't think so.
 
I know 10,000% was possible in a year a year ago on the SPI, but that was the best day trading environment in history.

Of course though, I would like to see the trading tigers return that. Only the best SPI traders in the country could return 1000% pa.

But you cannot compound it as MichaelD stated, as the liquidity is not there. Once you step into doing double digit lots (10+), your strategy has to be altered. If your trying to trade 60-100 lots, you have to build a position, very different to scalping as most day traders do, and so the same % returns are then not possible.
 
I came across them at the Trading Expo stand.

The Tigers were actually much longer term trading strategy. They supposedly have win rates around 80%. Everything was compounded between trades.

Their trading was supposedly able to capture a lot of the movement in the SPI in 2008.. in fact a lot more than the bottom to peak range. They do have some risk management via position sizing in place, can't remember the details but it I remember thinking it doesn't take much of a negative move to wipe out the starting capital, especially compared to the profit (in terms of points) they were able to capture per trade.

I didn't have a spare $5K in my pocket to find out the details however.
 
this topic is full of win. :banghead:

pretty obvious if they SAY they can get 1000% then it MUST be true! Whats not to believe, the train in leaving, im ON BOARD.

TOOT TOOT this one is BIG BIG BIG.

:D
 
Started by a single poster who joined the same day and we havent heard from them since. I cant beleive this is still around.
 
Ardyne said:
Started by a single poster who joined the same day and we havent heard from them since. I cant beleive this is still around.
Click to expand...

How can you tell that poster was single? He might be married with a few kids. Are you a psychic?
 
skc said:
How can you tell that poster was single? He might be married with a few kids. Are you a psychic?
Click to expand...

lol skc... the original thread starter has only ever contributed one (single) post at ASF to date and never returned... :D

IMHO - more likely to be spam than not.
 
I did it and also did the day trading course. Lost around $15,000 so including course fees around $25,000 down the drain.

This sounded like a great opportunity but turned out to be just another seminar trap selling course after course. There are multiple courses and the methods he uses to get the results he gets are not fully disclosed in the first course. I was a member for more than 1 year and I have no idea how he turns $8000 into $84,000+. He doesnt disclose every trade he does so it's hard to learn exactly how he does it.

On top of the course fee there is an ongoing annual fee. If you stop paying they uninstall the tigers part of your software and you cant even see your old data/trades.

I have no doubt he is a great trader but he wasnt able to teach me how to do it.
 
Hi Beach,
Sorry to hear you went for the full package, but after being burnt it will hopefully teach you to be a better trader.... alll the best :)
 
With the SPI you're attempting to trade the future value of 200 stocks that make up the XJO index. That's during the day market. If that's not difficult enough ... how about the night market ... when XJO is not even trading?

Jody highlights at the start of his courses that SPI/index trading is difficult and is a risky business. Fair enough. It's not for everybody. FEAR factor. However, he implies... independent reviewers put him as one of the top 10 "gun" traders in the country and his portfolio is returning a truck load of money YTD. In other words ... do what I say and there's a high probablity you'll make lots of money too. GREED factor.

Who/where are these independent reviewers?

Do the maths ... course costs $4,000 (deduct $400 GST).

10 people in a year that's 40 grand. Train 100 people and that's 400 grand etc. Plus there's annual subs to keep your membership current ... that's another 2 grand per annum per member. Nice earner in a rising/falling/sideways market ... for a few days work and 20 or so group e-mails.

After 12 months, I found the methodolgy/results to be dissappointing. Consequently I didn't bother to renew my membership for a 2nd year.
 
ice_28 said:
Hello,

Has anyone heard of 'Trading Tigers'? Jodie Ellis of Trading Tigers claims that their SPI trading strategy returns 1000%/year (or even more)?
Their course costs $5000.

Has anyone done any of their courses?

I'd like to hear from the current Trading Tigers members.

Thanks
Click to expand...

I can tell you now if it made a consistent 1000% per year they would not be selling it.

It would be just way to valuable!!!!!!

tell them to f#%k off and stop selling snake oil.
 
>Apocalypto< said:
I can tell you now if it made a consistent 1000% per year they would not be selling it.

It would be just way to valuable!!!!!!

tell them to f#%k off and stop selling snake oil.
Click to expand...

The Trading Tigers Methods do work made 25% Jusst last week on my account. Futures are high risk and high reward. Unfortuneatly a lot of people dont follow the rules and get greedy then lose a lot of money. I say go for it if you are level headed with a high amount of disipline
 
ABCD said:
The Trading Tigers Methods do work made 25% Jusst last week on my account. Futures are high risk and high reward. Unfortuneatly a lot of people dont follow the rules and get greedy then lose a lot of money. I say go for it if you are level headed with a high amount of disipline
Click to expand...

I am attending one of the Trading Tigers 3 hour SPI Futures workshops. Are you still trading with their methodology, and is it working out for you?
 

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