Traders International - Trading S&P500 Eminis + FX

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

Hi everyone,iam new to this forum and also to trading.Is it really all its made out to be,or just clever marketing?

I will answer your question with another,

Whats the probability that a novice will make money in any zero sum game from professionals?

Stats are about 1 in 1000.

see here

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

Here is another Question.

If you had a business and went to purchase a new piece of equipment and didn't know if it would help make you biz more profitable what would that say?

You have know idea what you are doing?

Save your money and do some research on day trading after you have become a little more educated you will be able to asses if the $7000 is worth it. The fact that you don't know if it is or not would suggest any purchase is VERY risky.

 

[szandor]

Re: Traders International - Trading S&P500 Eminis

thanks for the input trembling hand,however do you think that by undergoing the Traders International trading course in eminis,i will have sufficient skills to at least be able to do simulated trading with the aim of eventually going live after a few months,and the attraction to traders international for me is access to their live trading room and their pro traders who give buy or sell signals,is it unreasonable to expect that if i follow these traders buy/sell signals i will be profitable,or am i being optomistic?

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

do you think that by undergoing the ****** ******* trading course in eminis

Why in the hell would anyone want to trade US Fut Mr spamster?

Currently the US market opens @ 1:30 AM!!

As a former Bakery owner I can tell you the idea that you are trading the NIGHT SHIFT is ridiculous. There are stacks of Futures markets to trade during Asian day hours.

Could you please give me one other profession where you can do a part time course and beat seasoned professions. One where for you to make money you must take it from someone else.

 

[szandor]

Re: Traders International - Trading S&P500 Eminis

thats why iam asking traders with experience about TI,and i know that when something sounds too good to be true it usually is,but they're website seems to be convincing.Have you seen their live trading results?Couldnt i follow they're pro traders indicators and make a profit?I'am genuine,and not a spamster,just trying to work out if this course is worth the pricetag,the hours dont bother me,ive recently sold a business and i would really like to get into day trading,any help or tips would be appreciated,thanks

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

thats why iam asking traders with experience about TI,and i know that when something sounds too good to be true it usually is,but they're website seems to be convincing.Have you seen their live trading results?Couldnt i follow they're pro traders indicators and make a profit?I'am genuine,and not a spamster,just trying to work out if this course is worth the pricetag,the hours dont bother me,ive recently sold a business and i would really like to get into day trading,any help or tips would be appreciated,thanks

OK. I don't see any long term results on their web site. I also painfully went through the first 12 testimonials from them and not 1 said they are live and making money.

If you are deadly serious about day trading please read this blog back to front. This guy coaches newbies through to the Biggest of the big. He knows exactly what it takes to make money. (He even wrote about one of my blog articles recently )

http://traderfeed.blogspot.com/

Three things from him that are a prerequisite of profitable day trading.

1. Find your niche. That's market as well as approach. Highly unlikely that the 'system' will gel with your head. as well as the instrument.

2. Account size. It will take a lot more to survive than you think. probably $50,000 grade would be minimum. I would say much more.

3. And to reach expertise in any field you require 10 years of specific deliberative practice.

Spend a couple of $100 on some books, open a small account for practice then see if they are of interest to you.
Feel free to PM me if you want any more info.

 

[szandor]

Re: Traders International - Trading S&P500 Eminis

thanks alot trembling hand,i appreciate your help

 

[Rockhoundnz]

Re: Traders International - Trading S&P500 Eminis

Hi szandor,

I suggest you have a read of my first post (#18).

Going into day trading is just like choosing to go to law school or med school. Don't expect to get a murder trial or brain surgery after week 1, or even after year 1. In other words, if you really want to make a living out of it, it is a serious commitment of time and resources (financial and personal).

As I mentioned in my first post, if you want to know the reality of trading, you may want to have a look at this video: http://puretick.com/video/thetruth/

From what I see of their advertising and cost I think you could do a lot better than TI, if you are really serious about day trading. Feel free to email me if you'd like to know more about the Puretick guys - I've been with them for a month and am very happy with how they teach, their realistic view of what it takes to become a successful day trader, and their trading calls.

I hope that helps you make your decision.

PS - Ignore the comment someone made about having to get up at 1:30am - if you are serious about it, you will do it. I live in NZ and I jump out of bed at 3am every day, and love every moment of it.

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

PS - Ignore the comment someone made about having to get up at 1:30am - if you are serious about it, you will do it. I live in NZ and I jump out of bed at 3am every day, and love every moment of it.

It has to be asked why don't you trade Asian hours??. I always luv these responses.

 

[julius]

Re: Traders International - Trading S&P500 Eminis

well I have heard the $7k doesn't buy you alot...as far as I know they scalp a moving average system

the live trade room is supposed to be good though, profitable entries if you take them

 

[Timmy]

Re: Traders International - Trading S&P500 Eminis

I have nothing new to add but will only repeat some of the better responses ... they seem to have been missed ???

Could you please give me one other profession where you can do a part time course and beat seasoned professions. One where for you to make money you must take it from someone else.

Anyone interested in TI come up with one yet?

OK. I don't see any long term results on their web site. I also painfully went through the first 12 testimonials from them and not 1 said they are live and making money.

Anyone interested in TI find some long-term results? Anyone verified there are people making money from this ... <cough>... System ?

If you are deadly serious about day trading please read this blog back to front. This guy coaches newbies through to the Biggest of the big. He knows exactly what it takes to make money. (He even wrote about one of my blog articles recently )

http://traderfeed.blogspot.com/

Any feedback on this blog?

 

[peter2]

Re: Traders International - Trading S&P500 Eminis

I think that people's concerns regarding highly publicised trading systems are valid. A forum of this type is a reasonable place to ask questions. I am curious to know why only people ignorant of the trading system post their comments? Is it simply a matter of knocking what you don't understand?

Why is it that there are no comments from people that have actually paid for the course?

I see this pattern of responses to these types of questions on most forums.

 

[peter2]

Re: Traders International - Trading S&P500 Eminis

Reading some old threads I have noticed that a few customers have posted their comments on several high profile trading education retailers in ASF. These few informed posts get buried with time so that when someone asks about one of these companies, a new thread is started.

Perhaps the moderators should move new queries to the end of these older threads so that the few informed posts are more easily accessed.

 

[IFocus]

Re: Traders International - Trading S&P500 Eminis

I think that people's concerns regarding highly publicised trading systems are valid. A forum of this type is a reasonable place to ask questions. I am curious to know why only people ignorant of the trading system post their comments? Is it simply a matter of knocking what you don't understand?

I am afraid the sales formula sounds all to familiar the final nail is the price.

Why is it that there are no comments from people that have actually paid for the course?

Good question why isnt there?

I see this pattern of responses to these types of questions on most forums.

With out some clear indication of performance record assumed or real then yes you will see the same responses

 

[Rockhoundnz]

Re: Traders International - Trading S&P500 Eminis

It has to be asked why don't you trade Asian hours??. I always luv these responses.

Simple: Volume, and the fact my trading mentor trades the Dow eminis, so I do as well. If you can find a good teacher for the Asian markets and the market has sufficient volume then go for it.

 

[Rockhoundnz]

Re: Traders International - Trading S&P500 Eminis

In all fairness, I have heard of some satisfied TI clients. The thing I didn't like was their marketing - claiming people can earn $500 to $1000 a day, but not pointing out that realistically you won't do that in the first few years of trading, and then having one of their own staff in their online testimonial video - to me that just makes them look bad, whether they are or not.

 

[Trembling Hand]

Re: Traders International - Trading S&P500 Eminis

Simple: Volume, and the fact my trading mentor trades the Dow eminis, so I do as well. If you can find a good teacher for the Asian markets and the market has sufficient volume then go for it.

That's what I thought you would say and I am sorry but when does a Newbie need 600 contracts on the Bid and Ask to learn to trade(ES). It is just a ridiculous reason told to newbies as a selling point that is false. Their is more than enough volume in all the Asian index Futures to trade. Even the Aussie SPI has a constant 5 - 20 on the bid ask with no gaps.

What is it about that volume that you need to get up @ 3am

Really how many contracts(round trips) do you do in a day? 1 to 5 or 500 to 5000?

 

[Rockhoundnz]

Re: Traders International - Trading S&P500 Eminis

That's what I thought you would say and I am sorry but when does a Newbie need 600 contracts on the Bid and Ask to learn to trade(ES). It is just a ridiculous reason told to newbies as a selling point that is false. Their is more than enough volume in all the Asian index Futures to trade. Even the Aussie SPI has a constant 5 - 20 on the bid ask with no gaps.

What is it about that volume that you need to get up @ 3am

Really how many contracts(round trips) do you do in a day? 1 to 5 or 500 to 5000?

600 contracts is huge on bid and ask even for the Dow eminis, 50 either side would be more normal. The volume of that market provides less choppiness, which is good if you're scalping. For me the really important factor is where my chosen mentor is located and what he trades - it just happens that is the states. I don't really see what the issue is about getting up at 3am. If people really want to learn how to trade then work hours will mean little - it's the sort of thing that weeds out the losers who think trading should be like sitting back and watching TV as opposed to going to law school. If you can find a great mentor that will teach you to trade the Asian markets then go for it - and then the work hours are a little bonus. I'd love to trade the Australian markets in the future... if someone would bother to provide a Tradestation feed for the ASX... it astonishes me that this isn't available - probably the single most popular charting software around and you can't use it for the ASX...

 

[Rockhoundnz]

Re: Traders International - Trading S&P500 Eminis

Getting back to the point of this thread - finding the right teacher takes precedence over anything else. If TI can provide great teaching then nothing else matters. I spent a LONG time checking out various trading rooms etc before I settled on Puretick, and I'm pleased I did. So, the real message is do your homework on your mentor, just as you would if you were choosing a good law school. Learn from the best.

 

[Nick Radge]

Re: Traders International - Trading S&P500 Eminis

if someone would bother to provide a Tradestation feed for the ASX

Esignal plugs straight into TradeStation. Works fine.