I heard a rumour that Blue is getting ready to launch a cheaper version of his teachings for $3000--sort of a FTD Light. More BS, less filling. Can anyone confirm?
Sounds like he is going back to the old "Club 3000." He wants to make more members of the Club! Or perhaps he needs to lower the price after he got blown out of the water by The Great Humiliator on Oct. 1!
The truth about blue falcon trading method. You judge if its worth the money or not. Blue teaches the basics os several different methods. He is the jeet Kune Do of trading . By that i mean he tries to teach what he thinks is usefull from many different trading methods. He does not provide a set methods for entering trades. He derives his yellow and blue numbers etc from these different methods. He teaches to fade these numbers to trade. i.e if market profile poc is 1550 he tells you to try to take a trade a point or so in front of the number then set your stop about 2 points on the otherside of the number hence big losses are easy to come by. Even though he talks about market context and trend his method is almost always counter trend. another great way to lose money. The backbone of what he teaches is market profile,elliot wave, moving averages, previous days high low,overnight high low,weekly pivot etc. through in some fibs, some joe Ross some brice gilmour etc and you get the blue method. Most of his method is available publicaly or you can buy the books in most book stores. If you prefer someone to sift the material for you then maybe its worth $7000 your call
Showyouthemoney I hope you did not pay him like i did. 6k for him to tell me what i should be thankful for. What a joke all i hear how good everybody is doing but still no proof. The trading room is doing so well but still no proof. I hope you were much smarter then me and a lot of others. 6k is a lot of cash for someone to tell me you do this in this area. When he is done my head is just spinning and still have no idea what the hell he is saying. Still not one shread of proof. Good Luck to you
No Yogi. I have never taken the course. I have no need. A friend did. I feel sorry for him but to each his own. I had tried to teach him market profile edge trading and a few other things I use but he wasnt interested at the time. Then when he started asking for my MP program I learned that blue was teaching it alone with the other stuff. I think folks are far better off reading some MP books. Problem most folks get married to blue after they have shelled out the cash. People dont like to admit they've been taken advantage of. I did the free week once to see what it was about and talked to some folks in the room. I had an advantage as I am already a money making trader. You can tell when someone isn't. Blue is not a trader. I wish you well. it isnt that hard to make money trading once you learn to read the markets and have a method that works and you believe in it. Trick is to accept losing trades and not try to cherry pick. Take all trades your method gives you and you make money. just dont think about it. secret of course is a method that works. Market profile is a good place to start.
rcanfile. i dont know how you can say I was shilling for a thief. I told the truth as i know it and let people make their own way. I would never pay for his course. You can learn the same stuff for free online and at a library. In fact I dont think you have any business trading or taking a course from any mentor until you have read several books on different trading methods and watched the markets yourself for several months. The one thing all guru's have in common is they promise a short cut to trading riches. They are all get rich quick. Listen to me and you will make buckets of money types. The only thing woth paying for would be a room where a real trader calls trades in real time. This would help those that cant pull the trigger or think to much. You can always think your way out of a trade If you think yourself into one its usually a bad one. learning to see a set up and pull the trigger has huge value from my pov. Nothing else does.
I Cant disagree with you show, glad you did not shell any cash out like the rest of us jerks. We stay hoping something will come of this but it wont. Most of us here are staying for friends we have made. We tell him how good we are doing but no one can show it. People do things just on hope, this will never work. I know it and so do all the rest but know one wants to say it. There are people that can trade but blue is not one. If he has a good day you never hear the end of it when he has a bad day he could not see it clear that day. It starts to get funny after a while, if not for the money. I like the people i deal with everyday so i guess that is why I stay. We get a kick out of him when he comes in after the fact and " Hope everyone saw that trade" LOL. He will give so many different thing that something has got to come in to play. Maybe the 6k was worth it for the fun and the friends. Take care show good luck to you, you were smarter then the rest of us.
If you FTD victims want to see a real master trader do it day-in, day-out, side by side with his students, visit trading zoo.
I'd like to ask Trader 100, how long have you been a member of FDT? How many times have you taken the class, and are you now profitable trading what Blue teach us?