Anyone have any experience with ordering his cd-roms and whether they are worthwhile? Looks like it's 4 cd's that are 90 minutes each that include video from his 2 day live seminar. http://www.stocktradingschool.com/dvd.htm
Tony Oz is a quality guy. You don't have to adopt his trading strategy but you gotta adopt his market perspective. His course is well worth the money.
I went to his free seminar at the Online Trading Expo in NYC last winter. He was quite good. You can attend his seminar at the at the Online Trading Expo in Chicago this month. It seems like he is a regular, so he may do the same seminar in Las Vegas in November and in NYC next winter. www.onlinetradingexpo.com -- look under RealTick Educational Tutorials
Tony oz trading method is not for biggners, even he mentioned it is his book that you need to have experiance to apply his methods. He is not scalp and intra daytrader. It serves best for swing trader. I do not think begginers have to try his method. because he do not give you much details for what he does and skip many market timing tools, try to make it looks very simple based on what price action and few indicators only Why he do that? because he thinks everyone should already know everything on basics and that is why he jumps to conclusion.
good, a beginner uses it successfully, the secret; 15m time frame or higher only. ------------------------------------------------------------------------ He talks about 15Min time frame in his trading CDs on segments that explain about his six multimonitor screen setup. But he does not explain it why? begginers want to know why 5 or 15 minutes? and he does not even mentioned anything about timeframs in his book " how to make money from wall street".
I have all three of his books. He really seems like a real helpful and very nice guy, and he IS a great trader. Nevertheless his methods are very hard to duplicate, at least they were for me. He uses a few rules he explains, but trading only with those rules will not make you profitable. In my opinion great traders like Tony, learn to read the markets, but without actually being able to tell the rules they -more or less- subconsciously apply. Brett Steinbarger (I believe that is his name) has an interesting article on this phenomenon, but I lost the link. I learned a lot of his books, and probably his course is very good to, but it will not make you a profitable trader, without A LOT of practice.
Well said opw... I have often come to realize that the "edge" is in this unspoken market experience guys like Tony have. They think its so easy... they explain it in simple terms... ... but then you lose money using THEIR rules. Why? It's those little unspoken "obvious" things which only Tony knows, forgets to vocalize, and has learned through very tough personal experience. peace axeman