A monthly fee of $30 makes it more affordable. It is better than a package fee for a few hundred or thousand. Monthly fees means u can cancell if the style of trading doesn't suit u. There is a 1 cent 7 day trial from what I heard at Infinity webinar. I am not crazy about any room that doesn't show its DOM ( I like to know how often the method works and how often it fails!). But given the low price, this room is where a newbie can learn some basics cheap.
There is only one reason it is a subscription room and not-one time fee, he wants to bind people to his room. So the supposed education he wants to teach you is not in your best interest, he doesn't want you to learn trading yourself. He himself gives the set-ups (not realtime ofcourse) and learning trading yourself depends on how good you can translate his style to yourself. Not everybody can do that, so for alot of people this "education room" will actually harm them. Also he doesn't have a track record, he "educates". No risk at all for himself. Even at $30 a month he can have a nice steady income stream teaching methods that may or may not work.
Man o man the markets are going insane (Fri. 10/30 12:45pm est.) - i believe and learned that speed (of the markets and of turning over positions) makes things easier & offers an edge to those who are willing to wait. I've never been in a live room but am not surprised what I'm hearing about them. Same old story about promoters who want to make a fast buck, but never but put in the time to do it right. It only takes a decade, maybe two, to get a handle on this trading thing. The ES - are you kidding me -- no hack is going to survive that market w/ some bs TA and half witted set ups. Ex: a punk like jake bernstein who never learned to trade. Oh sure he tried and blew out a bunch of accounts but he never had the internal fortitude to hang in there and learn to do it properly. He always wanted to make a fast buck selling his snake oil to "no nothings". That's why he has no respect and his name is associated w/ sewage.
You have a point here. However, he did seem to want students to get the method right and graduate, so to speak. His method may not suit everyone. You are also right there is no way to tell if the method works. It may be a wast of time to learn something that works rarely. Without the DOM display, there is no way to know how well the method works - when used as taught. The problem with a one-time fee is that after collecting the big fee, the mentor doesn't deliver!
I think a one time fee, is not in the interest of the subscriber!! What, pay 10k to a place that may shut their doors tomorrow? No way in hell!! I think anyone that would truly prefer a one time fee once they really think about, needs to talk to their financial adviser!! I can pretty much guarantee you not one would advise a large upfront charge/fee!! Do you really think there would be a over 3 hour wait at some rides at places like great America & disneyworld if you paid per ride, & not all upfront!! Definitely to the vendors advantage, not the customer!!
I'm not a schill, but leela if you're just going to say something so untrue and dumb, I have to respond. Are you okay? You either have motives on here, or are truly hopeless. On Monday and Tuesday we caught the beginning of the major move, both days in a row, and no more than a 1 point stop loss was required. Also Monday morning we had three good trades in a row before catching the major move. On Wednesday we caught it, and on Thursday we all caught it. Friday we made no trades because of the volatility. I mean what world are you living on? If you can't make money with calls that catch the move of the day with as little as a 1 point stop, you should quit trading.
Hey joe4422, I think you are plugging that room just a little too much! I was in Norrin's room last week for a few days too!! Leela's version of the story seems considerably closer to what happened than yours. BUT! I have to say that when those trades were taken Norrin was going on for a couple of minutes about taking the trades & no exact price was given, so in that time frame the ES moved 3 or 4 points!! so from the listening end, it was impossible to tell how big of a stop was needed! Without exact prices given, just how do you confirm a winner or loser? If he says, I'm shorting the ES, I'm shorting the ES, Why not just say the fill price too? Seems deceptive to me, but that's just my opinion. But I definitely think much more than a 1 point stop was needed.
Do u deny your norrin screaming WOO WOO WAH WAH BEAR BEAR BEAR, BULL BEAR, etc. ? There was no teaching in the room. Norrin usually avoid give any entry price ( not even a range). All he said was to go long or go short. You (norrin) probably had 5 point moves but claim winning when the market finally turns. You had a losing week if u took the same calls as u gave the room. How is your $500 room doing? Blowing out accounts yet? 8 contracts per trade for 10k accounts. Great money management indeed! It is not hard to recognize a PLANT: joe4422. Here is more evidence of him pumping the room: http://www.trade2win.com/boards/web...ding-rooms.html I can tell u my motive: I am doing my service warning newbies against bad rooms. Most rooms are terrible. Not worth the time or money.
leela, have you tried the Trade Pilot Pro room? I was in there last week and I honestly think it provides some great setups in real-time. They don't call each trade, but they provide areas where trades should be taken. They also spend a lot of time on education.
Does Trade Pilot Pro have a free trial? If so, I may check it out. I am not in search of live rooms any more, though am still open to learning from a good mentor. Thanks.