Trader Makers Review

Trader Makers
  • Honest
    (5)
  • Quality
    (5)
  • Cost
    (1)
  • Verifiable Trades
    (5)
  • User Experience
    (5)
4.2

Trader Makers

A true scalping room. Moderator is a very good trader. All trading is real and verifiable. DOM always present. Clear entries and exits given. A beginner can easily copy all trades. Trading takes place usually less than one hour per day. No free trial period. Expensive at $400 per month and $3300 for the mentorship, with indicators and course.

Sending
User Review
2.22 (51 votes)
Comments Rating 1 (1 review)
Pros: Verified trading. Consistently profitable. Very clear entries and exits given. Multiple years of positive track record. No BS limit order trading. Excellent for beginners. Excellent for anyone wanting to learn how to scalp for small profits and small losses.
Cons: Expensive at $400 per month and $3300 for the course. No free trial period. You will be spending a large amount on trading commissions.

The following review is for Trader Makers. A futures day trading room that primarily specializes in trading the emini russell futures and the emini crude oil futures contracts. This day trading room is owned, operated, and moderated by Gerard P. Reynaud. This day trading room typically trades the first 90 minutes of the trading session, the daily goal is $300 in profit, and daily loss limit was $300. This was based upon a single contract.

During the month of November 2014, I attended a full thirty day period. Gerard does not offer any free trials. However, I was able to negotiate a reduced rate to attend the room. Normally, the room costs $400 each month or $100 per week. I was very hesitant in spending a monthly fee to review the room, the vast majority of trading rooms are a complete waste of time but after watching several of Gerard’s videos, I decided to take a chance.

Throughout the month of November I was able to collect 32 hours of video recordings from the live trading room. On several mornings, the trading was finished within the first 15 minutes, we had hit our profit target and the day was done. Several other sessions lasted longer and the trading was choppy. Some days were extremely cooperative, some days we got whipsawed for losses.

During Week One, I assigned my assistant to trade on a simulator. She works from her desktop computer, on a simulator from the Philippines. If a non native english speaker from the Phillipines could replicate on a simulator, then there is a pretty good chance that anyone can replicate. Anyway, during week number one she finished with a gross profit of $800 and a total of 32 trades. All of the orders were entered on stop orders, no limit orders were used at any time. In addition to no limit orders, Gerald had his trade profits and targets preprogrammed with stop orders. The typical stop was five ticks per contract, and since we were able to preprogram the entries and exits, this made for very simple execution for my assistant. Our final results on a simulator were quite impressive. What I also found impressive was that Gerard, at the end of each day, would post his live results from both his DOM and from the control panel within Ninja Trader. These results were also promptly posted onto his blog for everyone to see.

Another thing that I found really impressive was that Gerard presents a very clean trading screen, and a trading DOM that also clearly shows exactly what he is doing. He also talks though the entire trade, from beginning to ending. After reviewing the video from week one, I was so impressed that I felt secure enough to jump in and trade my real money account.

Week Number Two…Real Money Trading

On November 10, 2014, I decided that I would attempt to recoup my monthly membership fee and trade my live money account. Of course, the trading gods did not smile on me. I took the trades and lost $200 on day number one. We took a total of 10 trades in the emini russell, gold, and oil. Kind of a bummer way to start my real trading with Gerard. But things started picking up.

On the 2nd day of live trading, I finished with $0 in profit on six trades.

On the 3rd day of live trading, I finished with $220 in profit from 10 trades.

On the 4th day of live trading, I finished with $160 in profit from 18 trades.

On the 5th day of live trading, I finished with $300 in profits from 8 trades.

For the entire week, I took a total of 52 trades and grossed $480 in profits. After commissions, I finished up $250 for the week. My trades matched perfectly with Gerard’s posted trades. For the entire week, I logged four hours of live trading. Some days, we traded for only a few minutes and were done.

Weeks 3 and 4, LIVE TRADING RESULTS

There were only four trading days on Week 3. I grossed $240 in profit on 32 trades. Net profit after commissions was $90.

On the fourth and final week of the month of November, there were only two trading days. I grossed a total of -$120 on 22 trades. Net after commissions was -$220.

At the end of November, my total results for live trading, after commissions and trading room fee’s was a grand total of -$220.

Conclusion Of Live Trading For November 2014.

After commissions and trading room costs I ended up losing $220 for the entire month. But this does not tell the whole story. Why? Because during week number one, all of the trades were taken with a simulator and these trades could of been real and verifiable trades with a net profit of $650. Theoretically, if all trades were taken for the entire month, then the net profit should of been $430.

The Bottom Line

Gerard Reynaud really does trade. Everything that happened in the room, the good and the bad was recorded. All trades could of been copied. He was very clear and concise with this trading. He was very open and honest about the results. No limit order nonsense or fake results. The guy puts it on the line everyday. And my impression is that he really cares about his students. With this being said, I really wanted to spend more time trading with Gerard and so I scheduled another trading week for the first week of January 2015.

Continued Live Trading With Trader Makers

On the week of January 5th through January 9th I paid for an additional week of Gerards trading room. My live, real money results were as follows:

January 5th: +$230 10 trades

January 6th +$200 8 trades

January 7th +$220 10 trades

January 8th +$120 12 trades

January 9th +$320 8 trades

Gross profit of $1070 for the week. After commissions I netted out $750 in profits.

What I Can Confirm

Without a doubt, this guy is the real deal. The posted trades are real and Gerard really does trade. No limit order bullshit fake trades that we see so much of. All of his trades, I was able to replicate. Though I have not spend a great deal of time reviewing his trades going back several years, I can definitely confirm that that time I attended and recorded the trades, I was able to replicate everything and there wasn’t the slightest hint of chicanery.

What You Can Expect

This is a scalping type system. Trades happen quickly. You will win quickly and lost quickly. Which is actually pretty nice. Nobody likes to be stuck in trades with a wide stop for hour after hour. The trading style is fun and lively. Gerard wants the trading to be fun and lively. All in all I have to say that I really liked the experience and I would definitely recommend that you spend a week in his room and attempt to replicate Gerard’s trades on a simulator, if you can show a profit, then attempt real money on weeks two through four. At the end of the month, if you liked the experience, then I would recommend taking the plunge and purchasing his mentoring and indicator package.

The Downside

It is actually pretty difficult to put together a list of things that I do not like. But here it goes…the biggest downer is no trial period. As much as I tried, I could not get any free time from Gerard. If you can get it, then good for you, I could not. The next downside is the number of trades and the amount of commissions that you will be paying to your broker. Gerard is an active trader. Make sure that your commission rate is capped at $1 each side or you will be spending a lot of your profits on commissions.

Well that’s it for now. Thanks for reading and don’t forget to leave your comments below.

139
Leave a Reply

avatar
  
smilegrinwinkmrgreenneutraltwistedarrowshockunamusedcooleviloopsrazzrollcryeeklolmadsadexclamationquestionideahmmbegwhewchucklesillyenvyshutmouth
Photo and Image Files
 
 
 
Audio and Video Files
 
 
 
Other File Types
 
 
 
41 Comment threads
49 Thread replies
2 Followers
 
Most reacted comment
Hottest comment thread
34 Comment authors
Nadina SSteveCarlNanotrader Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of
mpwizard
Guest
mpwizard

Hi, you should update your review, as the room only option is now not available. You have to buy the course at $3300 then you have access to the trading room

Javi
Guest
Javi

@RV: If you are interested in joining Trading Mission you should contact them as they have a 2 day free ticket to join the room. I took it and it was a good experience. Give me your e-mail and I send you the contact info.

RV
Guest
RV

Hi Javi,
Great. Thanks. brewddude@gmail.com
Andrei, shoot me an email if you read this. I have some info for you.

-RV

Javi
Guest
Javi

@RV: There is only a 100 UDS trial for a week not refundable- I did not take it (yet) because you need to take his course in order to understand his scalping system. I talked to Gerard the owner of Trading Mission and he was open to all my questions. However, I joined Trading Mission with Carlos for 2 days so far. He has a U$ 300 4 week trial which is refundable. He day trade CL futures. He gives you an entry stop and targets but is up to you how to manage your trades. I would need more… Read more »

RV
Guest
RV

Javi and Chis,
Thank you very much for your responses. I very much appreciate it. Javi, ironically, I got confused and was actually referring to Tading Mission so good to hear your thoughts. I think it may be my next trial if you review it favorably. Chis, thanks for your input as well. Very interesting and glad to hear you find it worthy to potentially pursue it further.
Good weekend to all.
-RV

Good Trading,

=RV

Chis
Guest
Chis

@RV: I took 5 days trial for 100 USD. It is not a room to copy without knowing the system because things can go pretty wild and may not have the time to shadow the master If you buy the system I assume you have to practice a lot but this should not be a problem since the method support market replay(from what I could saw) What is very appealing and rarely found is the fact that being a scalping system the risk is low, I mean lower than this cant be found and if you can not cope with… Read more »

RV
Guest
RV

Chis or Javi,,
Did you ever take the 1 month trial if so how did it go? thanks.
Larry, how are holding up over at Trading mission. Hopefully well?

-RV

trackback

[…] more about this here Trader Makers Review – Trading Schools.Org […]

Chis
Guest
Chis

@Larry Smith: Larry, since you are with this system for an year mow, I want to ask you a question: Can you tell me please, in the last 6 months how close are you to duplicate the Gerry trades taken in the trading room, I mean you were able to take 90% or 75 % or what ever % of the trades he did take in this 6 months period of time and this involved how many hours of practice a day (beside the time spent in the trading room)?

Larry smith
Guest
Larry smith

I took Gerrys course a year ago and learned his system. I have been in a dozen rooms , stocks, futures, and forex he by far is the absolute real deal without any doubt at all he is the most consistent reliable and open trader I have met its not a get rich quick system but you will see consistent results .he had 3 setups and 3 only and follows then to a tee. I am currently in the room and enjoy it 100 percent

Chak Espino
Guest
Chak Espino

Hi Larry since you have been in Trader Markers room for a while, can you please share how much are you earning per month. I am looking for a room to join.
Thanks

Fred
Guest
Fred

Larry,
How long did it take until you reached break-even? This includes course fee, all your monthly fees, live streaming quotes fees, commissions, everything.

Ron
Guest
Ron

Hello Larry. Who is Gerry? What trade room does he have? I haven’t traded stock or futures but want to learn and I am trying to find a decent one and not a scammer and one at a decent price. Any other info you have would be greatly appreciated. Thanks Ron

Chis
Guest
Chis

Javi, because I am trading a system that keeps me full time occupied from 10:30 to 17:30 (ET) I am looking for something that can be traded before 10:30. This offers me only very limited options: Trader Makers,Trading Star Pro and Trading Mission. The trial on TMakers will be finished on next Tuesday since the guy is on trip now. At this time I am 90% convinced this will NOT be my choice. From the guy from Star Pro I could not get any kind of trial (free or paid) but only regular monthly payment. I even ask him to… Read more »

Javi
Guest
Javi

Chis, I am in a similar situation as I also want to trade the US open for 1 or 2 hrs. I think that I will try first Trading Mission as he is the only one giving a full month trial refundable. I will take a look at his trades on you tube on the weekend. I have an account with interactive broker and I think that with their charts it will be good enough to follow him although I only have experience trading stocks. Any thoughts are welcome.

Chis
Guest
Chis

@Javi If you like this kind of fast paced trading you may want to try eminivolumetrader.com
I guess you can easily find a way to get a few weeks of free trial beside the default first one. You don’t have to pay such a big upfront fee since the training is included i\with the monthly fee.
If you want smth more relaxed, you may want to try tradershark.com but here free trials are rare and only for 1 day.

Javi
Guest
Javi

@Chris Thanks for both suggestions. I just looked at the web of eminivolumetrader.com and it shows monthly summary of the results ( 2 different results ) but not each trade results and is missing results from November and December 2014. On tradershark.com I canĀ“t find any results. Have you traded with any of them or know someone who is trading and doing well ?

Chis
Guest
Chis

Javi, you can trade for free 1 week on eminivolume.
Shark has results in About Us\Performance.
More about them here
http://media.wix.com/ugd/cc5378_2e7998f8250b4f60bba81f975e8dca4b.pdf
and here:
http://media.wix.com/ugd/cc5378_7cbe169f2533453c8b39b57847f3dc0f.pdf

Javi
Guest
Javi

Chris, Thanks fot the links on both magazines. Let me know your final thoughts on Trader Makers after your trial period.

Chis
Guest
Chis

@Javi : I paid 100$ for 5 days. Today I realize one more thing I do not like: he is watching 3 instruments: TF, CL and NG. For scalping such short time frame like 3 RNG and watching 3 instruments you gonna need very long practice to duplicate his results. @Robert: I can think on many brokers with orders reside on your platform not on their side and FYI I’ll mention one here: Infinity Futures. Dorman also will keep your orders with Continuum but will not with Rithmic. For the rest of your question/affirmations you may find the answers to… Read more »

Chis
Guest
Chis

I am on trial period with this guy. My only concern is about not letting people to speak each other in the trading room. As a prospect I would like to find out the opinion about the course of actual students. Anyway if you trade with them you may like this piece of software instead of paying for static DOM: http://ninza.co/product/superfast-ordering This way you keep focusing only on charts avoiding switching the focus to the DOM back and forth. One other point is: latency can be a problem but you may find a broker where pending orders reside on his… Read more »

robert
Guest
robert

This is for Chis. You are saying that the indicators you link to are the ones sold by geraud, or you thinknthese indicators approximate his trades?
Or , and I hope not, you are simply putting in a link to a website that you own or are paid to post for?
Almost very platform, in fact I cant think of any that don’t , transmit the ordrrs to the broker to reside. Unless programmed not to.

Javi
Guest
Javi

Hi Chris, thanks for your suggestion on Ninza and Dorman. I have to check this issue regarding latency. What type of trial did you get ? How is your experience so far ?

Javi
Guest
Javi

Hi Emmett,

Good review. I have a few questions for you- How were you able to replicate his trades if you did not take his course ? Did you finally decide to take his course ? What was your experience ? What is the content of the course ? Are you currently trading in histrading room ? Thanks

Chis
Guest
Chis

It looks to me he has two contracts per entry not only one.

Mark
Guest
Mark

Thanks, Chris.

Mark
Guest
Mark

Hello,
When you traded with Gerry am I understand correctly that you traded one contract to achieve your results? If so, what was you stop and profit target?
Thanks for your help!

1 2 3 6