NQ Trader and Jordan Schleider

NQ Trader
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1.0

Summary

Jordan Schleider of NqTrader.US claims to be a full time professional trader. Yet can provide absolutely zero proof of any trading success whatsoever. The trading room is a complete joke. No trading DOM present on the screen, no live trading from the charts. Claims to win on 85% of trades. Claims to profitably execute an average of 650 day trades each month, which equals about $2,600 a month in trading commissions. Yet another Ninja Trader Ecosystem certified educational provider that is proclaiming wild success and yet has zero verifiable track record. A complete and total waste of time.

Sending
User Rating 1.8 (5 votes)
Comments Rating 0 (0 reviews)
Pros: Nothing to recommend.
Cons: Live day trading room is a complete joke. No live trading from the charts, no live trading DOM on display. Trades are mumbled into microphone, "I'm in" or "I got out awhile ago". Outrageous performance claims, zero verifiable track record. When owner of company is asked about providing proof of performance, he becomes highly agitated, argumentative, and dodgy.

Thanks for reading today’s review of NQTrader.US

What is NQ Trader? NQTrader.us is a day trading educational website that specializes in day trading the Nasdaq 100 Futures Contract. The website is listed as a Ninja Trader Ecosystem official trading educator. The  business is a one person company that is owned by a person named Jordan Schleider. The Google+ profile page for Jordan Schleider can be found here.

A Facebook profile page for NQTrader.US can be found on the following page.

A quick review of Archive.Org revealed that the website came online in early 2014.

Several YouTube videos of NQ Trader can be found here.

A Twitter profile for NQ Trade can be found here.

What is NQ Trader offering?

The following is a complete list of offerings for NQ Trader.

  • Price Action Private Mentorships $6999
  • 4 month complete day or evening course $1499
  • Video course complete with documentation $649
  • Add Morning traderoom monthly subscription $299
    (Requires video course purchase above)
  • Add Evening class monthly subscription $299
    (Requires video course purchase above)
  • Combo monthly subscription morning and evening $598
    (Requires video course purchase above)
  • One month trial of morning traderoom access $399
  • Additional months traderoom access $99
    (Requires complete 4 month course purchased at $1499)

The Live Trading Room

During the month of May, 2016, TradingSchools.Org signed up for several sessions of the live trading room. Since the moderator, Jordan Schleider only allows a one day free trial of the live trading room, we were forced into using several different email addresses and proxy addresses to avoid detection.

NQ Trader Jordan SchleiderThe live trading room typically lasts two hours each day. At no time during the evaluation period of the trading room did we see a live trading DOM on the screen. Also, at no time during the evaluation period did we see any trading from the charts.

All trades are given in a quick verbal expression. Typically, Jordan would mumble into the microphone…”OK, I’m long”.

No stops were posted on the screen. No targets were posted on the screen. Instead, if the trade moved in Jordan’s favor, he would typically mumble into the microphone, “+8 ticks profit”.

On losing trades, Jordan would also typically mumble into the microphone, “that’s a loser, I got out awhile ago”.
My question to Jordan is how in the heck is this of any value? Mumbling into a microphone, drawing some trend lines on a chart, and having little dots appear provides nearly zero value to the user. And how do we even track something that is expressed in such ambiguity? In addition, there is absolutely no verifiable daily track record of trades taken inside of the live trading room. Its just a series of useless mumbling and commentary from a person that claims to be a professional day trader.

Claims of Trading Success

Jordan Schleider claims to be a professional day trader. However, the reporting of his results in incredibly ambiguous. The following are the reported results for the month of May 2016.

2016-06-14_9-37-10

Looks impressive right? An 82% win rate! However, there is absolutely no mention of how much each trade was worth. What was the daily profit and loss? What is the average trade profit and loss? The only thing we know for sure is that Jordan is claiming that he executed 693 trades for the month of May 2016.

693 trades during only a single month? Ok, sure Jordan. Lets now consider the commission costs. Assuming an average commission of $4 per trade. Then executing this strategy means that a person is going to be spending an amazing $2,772 in trading commissions each month. This means that just to break even, a person need to be profitable over $2,700.

A review of Jordan’s prior monthly trading results are much the same. Never a losing month! Averaging between 500-800 total trades per month. By using these statistics, we can then assume that Jordan executes an average of 650 trades each month. A futures broker’s wet dream of $2,600 each month in trading commissions.

Imaging attempting to replicate these trades over the course of one year. You would have to spend $31,200 in trading commission…JUST TO BREAK EVEN. Talk about financial suicide.

Contacting Jordan Schleider of NqTrader.US

Of course, since Jordan does not display a trading DOM, nor does he trade live from a chart, mumbles his trades into a microphone after the fact, and he claims to earn $150,000 per year trading Nasdaq futures. The only responsible thing would be Jordan Schleider to contact him directly and ask for some sort of proof that he is actually a profitable futures trader. Unfortunately, the very moment that you question him, or ask for any sort of proof that he is actually making any money from trading…he get’s REALLY NASTY.

Try and question Jordan’s integrity and he responds with something similar too, “Who do you think you are?” and “Why should I waste my time with such a ridiculous request”?

Is asking for proof of success really such an outrageous request? He is asking the consumer to fork over $7,000 in educational costs, and potentially spend over $30,000 a year in trading commissions, and yet cannot grant even the most minuscule request to prove that he is even trading? Outrageous stuff folks.

Whom in the world would be so stupid to whip out there credit card based upon such a flimsy story?

NQ Trader ReviewJordan, you claim that these are your trading records for the week? OK, then prove it. Lets see an account statement. Lets see something. Anything. Or, are you just going to continue to lambast and verbally abuse anyone that questions these results?

Jordan, you claim to be a full time professional day trader, with proven results trading from a live trading account. Are you even aware that marketing such results as “with a live trading account” and proclaiming these to be live is an actionable offense. Sure sounds like fraud to me.

Wrapping Things Up

Another day, and yet another wannabe trading educator proclaiming to teach “Trading Secrets” at $7,000 a sucker. Yet another trading room where the results are highly ambiguous and unsubstantiated. Yet another “official trading trading track” record that appears to be a mishmash of nonsense and hyped up trading chicanery.

Thanks for reading. And don’t forget to leave your comments below. Even the haters and trolls will find that their voices are heard.

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99 Comments on "NQ Trader and Jordan Schleider"

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majormongo
Guest
AQQ
Guest

Just in case anyone is wondering David Adams has lost 2500$ today in his trading room. At one point when he was in a trade that was down 1000$, he decided to go eat and left everyone hanging. He didn’t turn on his mic till he decided to reverse his trade which also went negative without a stop loss…. David Adams manage to lose over 3000$ in his trading room while trading a live 5k account.

Rob B
Guest

A $3000 drawdown on a $5K account. Man that sounds like a sound financial plan to me. Where do I sign up??

Osikani
Guest
His method must be the opposite of the one described in the fictional trading room of Rob and I that is described on this page on this site: https://www.tradingschools.org/reviews/trading-price-action-futures Here is the quoted comment: ‘Rob B, if you and I started a trading room, we would have no clients. LOL. 1. What do you mean that I cannot trade commodities with $5k? 2. My broker gives me $500 day-trading margin. What do you mean that I cannot trade 10 cars with my $5,000? 3. How can you ever use a stop like that when the target is not 3 times… Read more »
Osikani
Guest

Hm. It sounds like he does not have any rules to quit when the market is not cooperating with him.

And that demonstrates the dangers of leverage in a small account whose owner’s ego is so big that rather than admit that he is wrong, he would rather go up in flames if the market will not allow him to be right.

It certainly looks to me that he is a bit more interested in being right, than in showing a sound trading methodology, or making money.

Osikani
Guest

How many contracts were being held in that trade?

rtchoke
Guest
Ok, so like I said in my earlier post (further down this thread) — if you’re still trading like this with no stop loss, now you lose the house and the car, the wife and the mistress and when nothing is left, we expect a picture of you in your underwear. And to Osikani’s point below, how many contracts and what is the average profit on a trade. Figure out how many profitable trades you now have to make to get back the $3000. C’mon folks, realize that you can take small losses (without any ego so you admit you… Read more »
CMMM
Guest
I’ve been taking a trial in David Adam’s room. I have to say, I’m disappointed. Most of the time David’s trades go way against him by $600-1200 with 3 contracts. But he’ll hold on to them no matter what, in hopes that it eventually comes back. You might say that taking a $1000 drawdown is normal, but the problem is that his targets are very small, exiting after only $30-50 profit per contract. If you’re willing to hold through $1,000 losses, you need to be aiming for $1000 profit targets. This kind of trading is doomed for disaster for smaller… Read more »
Henry
Guest
I just started taking the trial as well and yes, David did lose around 900$ yesterday and at one point I believe he was down ~1300$. He will regulary take off his stop loss and let the trade run against him but it definitely seems like he knows when to and when to not do it. To be fair he DID warn people to get out of that trade almost as soon as it went against him, which I did and only lost 50$ on my SIM account. We all have our bad days and given the current uncertainty of… Read more »
Rob B
Guest
One of the problems as I have mentioned numerous times is David does not keep any type of “Real” track record on his site, which is very suspicious to me. And he is trading highly leverage highly risky futures. You can be up $10,000 over 2 months and then lose it all in a day. This is high risk stakes, which few survive. So short term performance tells you very little. And again he shows no real track record and Emmett does not keep up with the Robot results. So who knows what the truth is. But I have to… Read more »
Henry
Guest
I just started taking the trial as well and yes, David did lose around 900$ yesterday and at one point I believe he was down ~1300$. He will regulary take off his stop loss and let the trade run against him but it definitely seems like he knows when to and when to not do it. To be fair he DID warn people to get out of that trade almost as soon as it went against him, which I did and only lost 50$ on my SIM account. We all have our bad days and given the current uncertainty of… Read more »
rtchoke
Guest

Hey Henry, let us know when he takes off the stop loss and that $1300 drawdown becomes $2300, then $3300, then $8000, then your house, your car, your wife and mistress, then a picture of you in your underwear, having sold everything else. Stops have a purpose, they keep you in the game.

Osikani
Guest

Bitter experience has taught me to never move my stop backwards, (unless, of course, I am transitioning the trade into a “hold to EOD” trade, and even then …), let alone remove the stop.

The purpose of a stop loss is to tell me that my analysis was shitty, and if that is the case, the purpose of the stop is to take me out because I am wrong. Removing a stop means that one is more interested in being right than in making money. That kind of ego, then compounds it by averaging down. The result is often accounticide.

George
Guest

Agreed – I got out before today’s total disaster and most days I went my own way after getting the usual $600 in the hole and left to figure out how to get out myself.

sam
Guest
Looks like ironically the David’s room may be good at forcing members to quickly develop their own trade management when it seems there are no brakes. I can understand the 74 yr old leaving. This kind freefall/coaster ride-like trading can be dangerous to the heart and blood pressure. Maybe thrilling but dangerous for all involved including the host. Kind of reminds me in the old “Space Mountain” ride at Disneyland with those repeated warning signs for those with heart problems and multiple early exit doors along he waiting area. As a kid it scared the crap out of me just… Read more »
hinally77
Guest

Anyone who’s a paid member of David Adams trading room/course and would be willing to answer some questions please email me [email protected]

William Vysniauskas
Member
4 weeks in David Adam’s trading room, wasn’t all days shining giving easy money (was it for anyone else?), but after today, it’s $1,337 in profits (real cash account, after broker fees paid). Strictly following David’s calls, playing conservatively on my side (fewer contracts), while carefully studying David’s trading ways and learning how whole room operates, along the way. Adapting myself (my current account size, ability to trade, etc) to what I see in front of me. Made mistakes on my side (profits would have been higher). But just acting, instead of thinking-to-think-about-thinking. Or worrying. Or complaining. Simply performing to… Read more »
Ken
Guest
Will, I completely agree with you there and I have been a paid member in David’s room since mid March. I recorded all his entries and exits everyday since April, I did came up with only “2 or 3 questionable dates” on the results that he reported in his end of day email due to David shut down his room while the trades was still in negative but his end of date email show both trades managed to get back in green for a profit at a later time after room was closed. I choose to believe David and continue… Read more »
Rob B
Guest
I do not thing any of the questions asked of Dave were unreasonable even mine asking why so many different websites and alias. He could pleasantly explain. My biggest issue with Dave was that he was trading SIM and does not show a track record, so all you have to go on is a short term Robot Track record. And Emmett does not seem to be keeping that record up to date. He did show some Cherry picked time frame, but that does not tell you much. Dave may well be a profitable trader, I would just encourage him to… Read more »
George
Guest
I have been with Dave a couple of weeks now and my experience is the same as William. I am up $1800. and have limited myself to morning trading only. I am just out of beginner status – say low intermediate. I have had two blown accounts the past two years and NEVER should have been trading on my own, Arguing makes me uncomfortable – always has. Dave is trading live now and I follow his action very closely and I even carry the laptop to the bathroom. Wish Emmett would stop reviewing 17 year old children and also establish… Read more »
BigLou
Guest

Congrats on your profits but does it not bother you a little while you were risking real Money Davy boy was sim trading.

George
Guest
David is trading live now and have managed to go through my profits sitting watching tick tock while giving me a headache. I have been left an average of $600 in the hole at 11:30 5 times this month – I had to sweat out the recovery getting more nervous each time. i am done playing and will venture into full retirement mode. Thankfully my 2003 Jag runs good and we can make it each month by a whisker and have need of nothing more. I am 74 years old and don’t need this stress. Or any stress. I am… Read more »
Rob B
Guest

I am confused 2 days ago you posted he made you $1,800 in 2 weeks. Maybe you can share more of your experience, especially being Emmett has no actual review of him, just in his robot thread.

George
Guest

My $1800 is gone along just a tad more I can trade well enough as an average say c plus Thought this would help steady me, bur all I did was stress out filling all the holes I was in first thing Also no trades were given any chance to run either. That made me curious after a while, Good experience – no more TR noise so I can play some relaxing music and make my own holes to climb out of..

Osikani
Guest

“I have been left an average of $600 in the hole at 11:30 5 times this month – I had to sweat out the recovery getting more nervous each time.”

Do you have a plan?
Are you learning the system?
Can you call the trades from the system yourself?

If you are merely treating it as a trade calling service, this is what usually happens when the drawdown starts.

kenneth
Guest

Good choice.. don’t waste your time with these trading rooms, I doubt you will find a room that is able to deliver on their promise – don’t believe these room operators, don’t believe their advertising and don’t believe reviews you find on the internet.

Rob B
Guest

The part that amazes me is 2 days earlier he was posting what I viewed as a glowing review. Maybe people should be in a room for a few months and experience different market conditions before posting a review of a TR site. Just a suggestion.

sam
Guest

I’m not surprised. Especially after we found out that McDonalds salary profit of a few months was only sim even on the robot. Past multiple complaints of refunds not returned were flaky enough warning signs.

CCaeg
Guest

The problem, I think, is that the SEC should establish an accounting system for all of these so-called “day trading room”. Establish some type of rule that if you are operating as a day trading room, then you have to put your own skin in the game. I wonder how many rooms will disappear as a result? Or is the SEC just willing to turn their back so a regular investor is essentially transferring their wealth to the market.

Rob B
Guest
For me to answer that would take an entire thread, because in my humble opinion every single day trading room would be forced to close. But to understand why you have to understand why this industry is nothing but swindlers and the difference in the fantasy world of trading and the real world of trading. The bottom line is day trading rooms are full of con artist because their selling the exact product that 95% of losing traders want. It really is that sad and that simple. I have talked about this in other post, but I will give a… Read more »
David Adams
Guest
+$375 for the day, +$510 for the week, +$27,069 for the year‏ Now, when are you going to say that all TR are a farce? C’mon Rob, there are trade rooms that make money, but there are a disappointing and disproportionate number of rooms that have resorted to tricks, dirty tricks, and outright deception. It really stings the group of real live traders every time I see another one-star review. All sessions video recorded (entire session including winners and losers, yes I lose trades and have losing days), also still reporting results via the bot, and each trade recorded on… Read more »
Osikani
Guest

What?!

No 90% win rate?

Actual losing trades?

Only 27k in one year?

You are not allowed to call yourself a TR operator. Not when we can go to Jason Bond and make oodles of money every day, or Minor Mongo can consistently call 100 tick trades with only 2 ticks stop loss.

Stop posting results which reflect the reality of trading. We the sheeple want to see the scammy results.

Rob B
Guest
I have given you your dues because you are using the Robot, but if you do a search you will see some say you had a $10K loser and even Lying Dr. Dean rated you badly. I know you said you had cancer, but should you have been given trading advice if you were not healthy to do such. The robot results are way too soon to make any predictions on so far and for Goodness sake I wish Emmett would do a review on your site and not part of the Robot thread and keep the robot results continually… Read more »
sam
Guest
The couple of TR that Emmett reviewed positive are good to show their results or verify through the Robot. However, their profits are measly or just break even. Not much hope of trading for a living, or considered worth it as an extra part time revenue stream and it only shows most of the profits of the TR operator come from the subs and product sales rather than the trading. Maybe an exercise in futility finding a profitable TR because a “dream” trader as have been discussed endlessly probably since electronic retail trading began in endless threads and posts would… Read more »
David Adams
Guest
Pretty simple math on how many contracts to trade. Don’t risk more than 3% on a given scalp. You can do all the math, but it basically comes down to 1 contract/$5000 of equity. These results are just from the DOM, not the two blocks of family and friends I am allowed to trade under CFTC regulations. (I keep it under 12 clients just to be safe and stay away from the 15 family and friends mark) I wanted to prove to traders that you can make $75000 just trading the basic equivalent of 1 ES. I am a bit… Read more »
Rob B
Guest

Emmett seriously needs to do a better job with Robot reporting if he wants people to take it seriously. First the results need to be downloadable. Also I was not sure it the PNL includes commissions or not. Does anyone know.

Anyway looking what he has posted, I saw 45 entries covering 3 months from Feb – April with a total PNL of $9,510, which if it includes commissions is Pretty Darn Good.

Ken
Guest
Hi Rob, those PNL results posted does not includes commissions, but it shouldn’t made too much of an impact on the actual results since David only averages 3 to 4 trades a day with 3 contracts per trades, commission is around $12 for a 3 contracts round trip per trade.For this month (June) so far he is sitting at +$3835 with around 51 trades taken. That should give him a $3K net profit for month to date. However he has double down to 6 contracts in 3 of those 51 trades, 2 ends up positive and 1 shows a $15… Read more »
Rob B
Guest

His averaging down is the part that would concern me the most. And the robot does not show that. His trade might end in a profit, but had a large drawdown in the process.

I wish the Robot showed all those stats, but it looks like the Robot is in its infancy and Emmett is not really doing much with it. My guess would be no or virtually no TR wants their real performance known.

David Adams
Guest

Rob, so I added to a position less than 6% of the time and you are worried. Really? Really? c’mon man, have you spent any time with non self-taught traders? Averaging into trades or out of trades is pretty common practice among professional trades and as Ken has pointed out…I seem to have a knack for winning those trades,

Rob B
Guest
My concern is whether or not people are properly funded and if they will end up having to sell during a draw down in a panic. If they are too mimic your trading then they have to be prepared to double down, maybe more, by adding to a trade that is currently under water. I am sure the professionals you talk about are well funded and prepared for such. If you are telling people $5K per contract are they thinking 6 Cars or more and prepared for such. Personally I think to trade futures with $5K of funding per contract… Read more »
Paul
Guest

Hi David, You are so full of it. Was cancer the reason you refused to refund me?? LOL.

Winter Is Coming
Guest
Winter Is Coming

WTF?

Emmett, please remove this disgusting comment.

Rob B
Guest

Actually as unbelievable as it is I am going to defend Paul here. I can see the hate post now.

But David Adams has stated the reason for some of his loss in the past where due to Cancer so I think that makes it fair game for Paul to ask is that the reason for him not getting a refund.

BTW, I have no idea what happened and who did or who did not get a refund.

sam
Guest

RobB, you may have missed it. (Yeah I still dislike this new setup on postings. The old way was much easier to navigate.) There was a review on Eminiprofessor maybe more than a year ago , but Emmett took it down later. I’m not sure why. https://www.tradingschools.org/warning/#comment-1768
There’s also thread on trade2win:
http://www.trade2win.com/boards/futures-options/149498-david-adams-eminiprofessor-extreme-caution-3.html#post1886430

Goagal
Guest

I could make $27,069/year flipping burgers at McDonalds. Thanks for the reality check.

David Adams
Guest

Well, I still have the rest of the year to go…but no one is saying you wouldn’t be a hamburger flipper. Since most of your comments toward myself and others have been negative, I suspect hamburger flipping might be right up your alley. Can’t be negative and trade.

Goagal
Guest
Was that an attempt on your part to insult me? If yes, then you failed miserably. For one, because I don’t consider being a burger flipper to be an insult; it’s an honest job, albeit low skilled. And second, because I’m a professional with a well paying day job (about 4-5 times your trading income, if we’re to believe the Robot). My point, which you totally missed, is that one needs to make more from trading than from a regular day job in order to make trading worthwhile and to warrant paying guys like you big bucks for “training”. But… Read more »
Rob B
Guest
Goagal, The best I can tell from the Robot results and that is all I have to go on, Dave made $9,510 over a 3 month period, but then Ken says that does not include commissions. So the best I can tell from the stats Emmett provides commissions would have been around $2,270 leaving $7,240 of profit over 3 months, which annualizes to a yearly profit of $28,960. But that stat means very little being only 3 months of performance is known. Only time will tell, assuming Emmett even keeps up the robot stats. Of course Dave could provide Emmett… Read more »
Osikani
Guest

I am not being facetious, but some people just love to teach.

Speaking from experience, trying to help traders for free is useless. One must charge for any kind of mentorship, or the students never use the knowledge, making it a waste of the teacher’s time.

Unfortunately, most of the teaching would appear to be of questionable use in the first place.

David Adams
Guest
You know, I am tired of defending myself on this forum. I have serious doubts about the trading ability of most of you…and frankly, I don’t need the hassle. I’m doing fine. It takes too much energy to combat haters. I just want out of this cesspool, you guys win. I can see nothing positive about being a keyboard warrior. You don’t need me, and I sure as hell don’t y’all. Picking up the southern thing pretty good, eh, Rob. I’ll stick to what I do best. Trade. I’m outta here. Best of luck in your future trading ventures, I’ll… Read more »
Rob B
Guest
What haters? I have on numerous time complemented you on using the robot, but also stated 3 months of results is too soon to make any judgement. Interesting how upset you get over one presenting the results of the robot. If those results are in error you could point them out. If this site is too tough for you how can you fight the world of trading. If you do not want to hear or answer hard questions then this is not the site for you, instead you can do what most the vendors do and post a bunch of… Read more »
BigLou
Guest

You see that is exactly what I am talking about. Dave making Mcdonald burger flippper salary trading the minute you ask for more data than 3 months..He goes off the deep end. WHAT IS SO DAMN HARD TO PROVIDE 1 YEAR OF BROKER STATEMENT ? Shut us down with proof albiet the low end of fast food industry annual income but blurting out your frustrations in the forum kinda tells the tape( no pun intended)

sam
Guest

So that McDonald’s salary for the year was all sim on the robot? So the live trading just started now? Making money from credit default swaps sounds interesting. Maybe the course should be about that instead of trading.

Johnny
Guest

Oh dear me. David is playing the feel sorry for me card. Poor David. and more poor Santosh.

Paul
Guest

Oh dear me. David is playing the feel sorry for me card. Poor David. and more poor Santosh.

kenneth
Guest

So don’t do things that make people hate you, if
you dislike fighting haters..

By all means, leave, you wont be missed.

Rob B
Guest
Ken, Even when I took the gloves off I was still way to kind to Dave. When I do the most simple of simple searches I just find dirt after dirt. This is just another reason I posted I was skeptical. Here is a person that over the last several years ran multiple trading rooms by different aliases and different email including going by the name of “Jim Bounakes”. What honest business man does this? A business’s name is everything to a reputable business. Do you see Google or Apple changing their names every day? He seemed to run or… Read more »
sam
Guest
I agree it’s very stinky RobB. All those reports about refund problems, different websites. There might be some live results mixed with some sim. I’ve seen it before on other sites. If the results were so good in the past, why not leverage up more? Why just 2 to 5 car and not 20 or more? Because the methods aren’t super. It begs the question a great trader would not be teaching but rather be trading alone or running their own fund. Similar to the young guy of “watchmetrade”. He needs the subs to keep afloat. It seems overall like… Read more »
sam
Guest

I think it’s the same guy “trader7757” posting same results as learn-trade-and-invest here on “the fractals futures trader”.
http://www.emini-maven.com/wordpress/2016/06/375-for-the-day-2290-for-the-week-26934-for-the-year%E2%80%8F/

Osikani
Guest

He most absolutely is trader7757. He even explicitly says that he is the only one using the tradingschools.org robot.

Now I am getting leery. Why so many identities?

Rob B
Guest

I know different aliases different websites. This kind of circus just screams con man.

David Adams
Guest
Okay this is the last post. Learn-to-trade-and-invest is my business site. Emini maven is my blog. The blog title is the “Fractal Futures Trader.” You should read it. DTS came up with the E-mini Professor moniker and I thought it a bit pretentious so when I left them I changed it to something more suited to my personality. I liked Unique Thinking Trading Room. I am trader7757 at just about all the email services google, yahoo and outlook. Honest Forex Signals is a site owned and operated by an affiliate of DTS. I am relatively sure they aren’t promoting me… Read more »
David Adams
Guest
oh, and my live results today were consistent with the robot sim. Perhaps you haven’t traded long enough but in the end trading just becomes a battle between you and hopefully less skilled traders. I don’t pay attention to the money, just try to pick up ticks like it’s the greatest video game in the world. You win trades and the money comes, sim or live. For new traders sim to live is a big deal, if trading has been the majority of your lifes work, it really doesn’t matter…you win because you take pride in what you do and… Read more »
Rob B
Guest
I trade live and do not consider sim and live the same at all. Of course it depends on the sim engine. I have seen some con artist use Sim Engines that only give them positive slippage. But even with a more honest sim engine will it really estimate slippage accurately during a news story or a big move. But also there is the psychological effect of losing real money as opposed to sim money. But I do agree with you about I need to get a life. The robot idea is interesting. But I know someone that said they… Read more »
Rob B
Guest
Not sure why you have to drop the robot to trade live. But congratulations on committing to trading a live account. But if you want to shut me up it is easy. You say you are recording your sessions everyday. Stop making people ask for a recording and cherry picking which one they get. Every single day, post the dailey recording up on you website, along with an accurate track record along with brokerage statements (being you will be trading live) proving your entries and exits. This is the only way for one to truly see your track record. Cherry… Read more »
sam
Guest

So he was sim trading with the robot after all. Doesn’t even have the confidence to trade live with it, lol. what bs.

sam
Guest

Alright, at least you explained about all those extra old sites and links even though there are no direct links from the current site. If newbs want to learn from for 1k-2k to get their feet wet then perhaps it’s good starting point where it seems it seem you’re at least a breakeven-plus trader which is scores better than most bmt journal fakes and their after the fact chart circles or paying fees to TST.

kenneth
Guest

I thought you left this cesspool of hate …. a trading room operator not true to his word :O

Osikani
Guest

Now you know how REAL trading works, as opposed to fantasy TR trading.

Goagal
Guest

Exactly. And, believe it or not, I was actually thanking David Adams in my post above, for opening up his trading results to the scrutiny of the Robot and helping noobs distinguish fantasy from reality based on some hard data.

Rob B
Guest
The funny thing is I thought I was rather nice to David being he was doing the robot. But if he is walking away from any criticism and afraid to answer questions, then I think I will take the gloves off and state my real opinion. I am skeptical of David Adams performance, not just for the reasons I stated in my post, but from everything I have seen including, but not limited to the online reviews and his trading Sim. In fact I do not even think the Robot should be used on a Sim trader. Until I find… Read more »
Rob B
Guest

Someone asked me about Sim trading.

So I must add the following to my previous post.

David Adams averages down. It is easy to do that when SIM trading. You just keep averaging and averaging down until things turn around. Martingaling so wonderful in Sim. A lot harder with a real account that can be blown, especially when you are telling people they can trade futures with a $5,000 account. Just another reason I am in that dubious category

sam
Guest

That’s what the other hosts of WT do , average down with seemingly unlimited “big pockets” with a sim account (or no sim at all, pretend trading talk), often to report a “good day” at the end of the session if Ross’ day falls far short of the email claims. The main goal of the unrealistic sim show by the other hosts is to keep members subscribed by month until they can’t take it anymore and the questions about the room in the back of their minds can’t be ignored anymore not to mention trading losses.

BigLou
Guest

Rob by far the best response or realistic response to date. I think your post should be plastered as splash page for All the trading rooms out there.

Rob B
Guest
Here is Barron’s Top 100 Hedge Funds list. You can see what the “Actual Proven” traders & investors returns are from the best of the best. http://www.barrons.com/articles/best-100-hedge-funds-1466223924?tesla=y If you are still living in the fantasy world that Trading Room operators present of pipe dreams and unicorns, I sadly cannot help you. I will tell you a true story that will explain why 95% fail and cannot be helped by anyone. When I started to day trader I was looking for diversification. I was already investing in real estate and long term stock holdings. I knew nothing about Day trading, but… Read more »
toto
Guest

This sounds like this guy copying the Al Brooks scam.
Claims to be successful for 25+ years, writes books, holds seminars to suck in more newbies.
His chat room charges $99 yet no Dom, No proof of being profitible and announcing Limit trade entries after the fact.

sam
Guest
I hope Emmett reviews Al Brook’s room and material someday. His operation is intriguing. He journals like a real trader. And he dogmatically runs his room consistently for the whole session from opening until closing bell like a real job most every day in his room. His books, although hard to slog through have decent beginner ideas about price action although some claim it’s derivative of older works. Yet, he refuses to show proof or entries or exits real time. Trades are never called out. Only a few after the facts comments. The screen is just the slow 5min ES… Read more »
Osikani
Guest

Real trading IS boring. One spends most of the time just waiting for the trade to setup, then sometimes have to scratch it because the order does not fill quickly enough, and start waiting all over again.

sam
Guest

I’m aware there are boring aspects of trading. My point was to show that Brooks’ has a very long session without entries or exits throughout the whole session and to ask if he could be reviewed to have the TS oinion if he was actually trading or not or just putting on a long slow show to make it seem legit.

Paul
Guest

You aren’t paid to trade, you are paid for your patience. If you don’t have that go flip burgers with Goagal.

sam
Guest

wow, talking to me like I was a newb. You would be bored out of your mind too if you were in Brooks room, not showing any trades, and muttering commentary that often didn’t come from his books along with his droning single tone voice for the whole NYSE session.. But I guess GZT with his 7k room and colors for a few hours is entertaining enough and must be “worth it”.

John J
Guest

Thanks Emmett! what really supirses me is some of these rooms I’ve never heard of and they keep popping up..

sam
Guest
Looking at the site and skimming the Ninja ecocesspool video with NQTrader.us on May 16th, he mentioned they trade mainly for 8 ticks, mornings and evening where there could be trades from 3am to 4pm (est) yet says early on in the video not many trades are needed like three or four. Yet Emmett’s numbers in the review shows about 30 trades a day average. Assuming 80% winners and losers are roughly 8 ticks each at 2 contracts it could be $2880 profit a day with $300 in commissions which is decent enough but of course no real proof. About… Read more »
BigLou
Guest
WHY WHY WHY is it so hard to just show us that Someone Anyone can make 50 bucks a day not asking for much here. Hey I want to spend 7k on your trading products but first can you please pretty please with sugar on top show me that you can actually make money and be consistant ..”HOW DARE YOU” why is that such a common remark? I would love to see a trader say “I am going short at this X price ” watch it occur in time and sales when it hits the announced price and no hindsite… Read more »
Winter Is Coming
Guest
Winter Is Coming
I think the big thing here is that whilst trading is simple, it isn’t easy. A big, big difference. Not many people can do it, and those that can and are successful at it are unlikely to give a shit about providing a service that others can follow on the back of them. The majority of day trading rooms are scams. This is usually because the “educators/day traders” are failed traders themselves, but know enough about the markets to sound convincing. Combine that with fancy looking charts and indicators they stole and repackaged from Futures.io and voila, ching ching. I… Read more »
BigLou
Guest

Thanks Winter for the comment. Looking at your post I guess it makes sense for any trader who makes money consistantly Not to bother with a service. It appears that its just sweat and years of pain to get to that level. I was hoping for a mentor type to kinda steer right direction and cut the learning curve some and learn to do it myself.

Winter Is Coming
Guest
Winter Is Coming
@BigLou Whilst having a mentor could potentially smooth out your learning curve, I am not sure many new traders would want to sit on their hands for 12 to 18 months without trading a dime. I don’t know what market you trade or want to trade but I am assuming ES. Most people gravitate to that because it is a very liquid market and has some nice moves. It can also bite you hard. Each instrument has its own nuances that you just need to learn on your own and it takes a long time to do so. Computers control… Read more »
Osikani
Guest
” I would love to see a trader say “I am going short at this X price ” watch it occur in time and sales when it hits the announced price and no hindsite crap..then say “Iam covering at X price” not some wide range aloof comment. ” I remember when I used to do that in the “Traders Lounge” at TOS. Told them the entry price beforehand, then gave exits after I got filled. When the target was hit, I would type in: “BAM! In your face.” Eventually, the moderators got so overbearing that I left the room completely.… Read more »
BigLou
Guest

Thank you for responding. Are you the mystery trader that Emmet now and then refers to about ” real trader that pays his bills trading” but may or may not have a service?

Osikani
Guest

No. I am not that person. Emmett has not bothered to vet me yet, because I do not run a trading room or advertise for mentees.

I was led to believe that the TOS moderators got on me because they were beginning to think that I was calling trades for clients who were also in the room. Kind of like we were using them as a TR. I was NOT. I just liked helping those who wanted to understand what I was doing.

Anyhow, eventually I left the TOS Trader’s Lounge.

BigLou
Guest

Ok I can understand that. Since you dont have a room or mentor anyone I hate to put you on the spot but are you that 10% of traders who can make a living from this craft?

Osikani
Guest
I do not advertise for mentees: I do mentor, and I do not do it for free, for reasons which are easily explained, if you care to know. All my mentees come to me by word of mouth, or reference by someone who knows me or about me. You are not putting me on the spot. I do live off my trading. No, I do not have a win/loss ratio of 90%, and I do not live by a dogma that the target must be placed at least 3 times as far as the stop or any specified ratio. My… Read more »
rtchoke
Guest
Hello Osikani, Your points are well taken. In particular: (1) you do not have to be a 99% profitable trader not even 80% or 70%, it’s a matter of bigger profitable trades than losing trades; (2) there can be losing days, as long as you have good risk management and clearly defined stops (which you adhere to), then you will live to trade again; (3) I still keep a journal, even after more than 15 years trading, it reminds me of mistakes that I’ve repeated or tried not to repeat and positive moves that I can add to my ability… Read more »
Osikani
Guest
Thanks for the reinforcement. “(2) there can be losing days, as long as you have good risk management and clearly defined stops (which you adhere to), then you will live to trade again; (3) I still keep a journal, even after more than 15 years trading, it reminds me of mistakes that I’ve repeated or tried not to repeat and positive moves that I can add to my ability to trade profitably; (4) yeah, even with clear rules, trades can be wrong, it’s just important to remember that and get out at your stop — your system was wrong and… Read more »
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