Hi Pamela, The feedback i received about SOT are the posted here, so you've probably read them too. I enjoyed my 3-week trial and did learn a lot from Joseph James. For one, I took away a new approach to my targets and stops, which I've successfully incorporated into my trading. The guy knows his stuff and does a good job of expressing/teaching it. I just do not understand why the seemingly exaggerated claims. I have a fast data feed and broker connection, and it certainly appeared to me that he would decide "pass" on a trade (due to "no big buyers", or "no pace of the tape") well-after the trade had already triggered. Everyone else had been stopped out. It happened many times. He would often announce he's in a trade only after several ticks of profit and his first target had been reached. It seemed from his comments that many people in the room were posting their frustration ( but you cannot see those posts). They didn't take the winner that he took, or the did take the looser that he passed on. He would often dismiss those frustrations as being due to that person's slow internet connection or would imply that the proprietary indicators would solve that problem. I just cannot see how that is possible, nor I have found any review that supports that to be the case. If you want a high energy, informative chat room moderator to trade with each day, then maybe SOT is worth the money for you. Trading can otherwise be a lonesome business. But I think you'll have to temper your expectations of huge profits. In many years I have yet to find a chat room, paid or free, that makes you a profitable trader. "If it works, why don't they just do it?"
It took me a long time to learn that I am the only person looking out for me, not any seller of trading success. I'm modestly profitable and still learning the mental discipline necessary to let my winning trades run, and accept my stops. Blaming someone else, like Mr. James, for one's own lack of success is not only futile, it prevents one from addressing the real roadblocks to their success. I hope this helps.
It took me a long time to learn that I am the only person looking out for me, not any seller of trading success. I'm modestly profitable and still learning the mental discipline necessary to let my winning trades run, and accept my stops. Blaming someone else, like Mr. James, for one's own lack of success is not only futile, it prevents one from addressing the real roadblocks to their success. I hope this helps.
Hi John,
We are looking at School of Trade as well - just wondering if you received any replies or have gained any knowledge on Joseph James?
Many thanks
Pamela Cherry