EminiJunkie.Com

Thought I start a thread on EminiJunkie.com.

I am a Trading Plan owner, EJ Boot Camp DVD owner and member of the live trade room. I have been burned by other useless trade rooms that use their "secret" indicators. With eminiJunkie, I feel that I am in a real helpful learning environment, due to the fact that they use fibs, support/resistance, various market internals, intra day & long tern charting, and time & sales.

I welcome any thoughts on this to point me in the right direction.

Originally posted by MassiveCashTeam

Thought I start a thread on EminiJunkie.com.

I am a Trading Plan owner, EJ Boot Camp DVD owner and member of the live trade room. I have been burned by other useless trade rooms that use their "secret" indicators. With eminiJunkie, I feel that I am in a real helpful learning environment, due to the fact that they use fibs, support/resistance, various market internals, intra day & long tern charting, and time & sales.

I welcome any thoughts on this to point me in the right direction.

MassiveCashTeam:

Just curious to know if you have you personally gained anything out of the EminiJunkie's Trading Plan and Boot Camp DVD that you mentioned, which one may have come across elsewhere without purchasing these.

It seems to be a scalping system; if so, do you get all your fills? Is the moderator making live calls and trading alongside everyone in the trading room all the time or is he only a "teacher"?

Thanks in advance.

Good Question stocksster,

welp, I am sure you can gain this type of info elsewhere instead of purchasing the Trading Plan or DVD. But since I am 1.5 years into trading the ES, I am still a newbee and prior eminijunkie, I haven't myself come across this type of info. I have come across similiar styles such as eminiaddict, but they are really general and they dont call the trades out and they are $29.99/mt.

But since joining eminijunkie, I have become aware and alot tentative to whats out there on the net. I was not a forum reader prior to eminijunkie.

But I do have to tell you that fills happen to the excat tic that the calls are called out, but IMHO, the trade room is 80% teaching, and 20% live calls.

Thats is why I made this thread, just wanted to know from the experienced ES traders, on their thoughts......

Originally posted by stocksster

Originally posted by MassiveCashTeam

Thought I start a thread on EminiJunkie.com.

I am a Trading Plan owner, EJ Boot Camp DVD owner and member of the live trade room. I have been burned by other useless trade rooms that use their "secret" indicators. With eminiJunkie, I feel that I am in a real helpful learning environment, due to the fact that they use fibs, support/resistance, various market internals, intra day & long tern charting, and time & sales.

I welcome any thoughts on this to point me in the right direction.

MassiveCashTeam:

Just curious to know if you have you personally gained anything out of the EminiJunkie's Trading Plan and Boot Camp DVD that you mentioned, which one may have come across elsewhere without purchasing these.

It seems to be a scalping system; if so, do you get all your fills? Is the moderator making live calls and trading alongside everyone in the trading room all the time or is he only a "teacher"?

Thanks in advance.

Thanks for the info, I'm also looking for an ES program that WORKS...

I've been with EJ since late last year, off and on. Here are my thoughts so far:

Pros-
He has a set of rules in his trading plan, no if's and or buts. Those are his rules to follow by when you are just starting his trading plan progression. In his progression plan, he suggest you learn his system day by day by adding each of his indicators one by one and learning how to use them week by week. Should take you about 8 weeks to get through the first go around. Once you are more experienced, he will teach you how to better filter these rule based trades to be more profitable. In his live room, he is a teacher, meaning he will not stroke you and make you feel good if not warranted. He will come down hard on you if he feels you made a dumb mistake. You need thick skin if you are shooting from the hip. His rule sets are based on trading 50% fibs pullback after some MA's crosses. In the past I didnt really believe in fibs (read my other thread on fib's), cause you can make argument that there is a fib level on every bar on the chart, which is true. But I do believe EJ, use several filters and support/resistance levels to take the most high probability fib set-up. He has many training video's in the members forum, and the other members truely help each other out. There are no bashing on the EJ method in the forum, which is amazing. Usually you will get a few members bash a system in the members forum. He also has DVD for purchase if you want to speed up your learning curve. He also only trades in the morning session only. He posts and reviews each system trade set-up at the end of the day for a final net tick(s) on the day if you had traded every single trade entry for the entire day. This will lead into my cons now.

Cons-
His end of day results videos will show net tic(s) on the day, which 99.5%, the day will end net positive. Here is my issue, he preaches to trade only morning session, but yet posts net results for entire day. I dont agree with this, most likely a sales technique, cause these videos go out to non members who subscribe to his feeds on his site. Also he has 2 basic entries using fib drawings. The first and main is the 50% pullback using the high/low of the previous swing before his moving avg's cross. This is good, but if the move is fast and doesnt pull back far enough and just runs away, he will say it was a fib extension trade. I dont agree with this him adding this trade winner to his results video, because this type of trade is usually too fast to take an entry and most of us will miss it. So I do believe he adds these trades to his results video as sales technique for his memberships, oh well....That is my only gripe.

Hope this helps, because it helps me as well in evaluating these live rooms when I put in down in writing as well.....

Originally posted by MassiveCashTeam

I've been with EJ since late last year, off and on. Here are my thoughts so far:

Pros-
He has a set of rules in his trading plan, no if's and or buts. Those are his rules to follow by when you are just starting his trading plan progression. In his progression plan, he suggest you learn his system day by day by adding each of his indicators one by one and learning how to use them week by week. Should take you about 8 weeks to get through the first go around. Once you are more experienced, he will teach you how to better filter these rule based trades to be more profitable. In his live room, he is a teacher, meaning he will not stroke you and make you feel good if not warranted. He will come down hard on you if he feels you made a dumb mistake. You need thick skin if you are shooting from the hip. His rule sets are based on trading 50% fibs pullback after some MA's crosses. In the past I didnt really believe in fibs (read my other thread on fib's), cause you can make argument that there is a fib level on every bar on the chart, which is true. But I do believe EJ, use several filters and support/resistance levels to take the most high probability fib set-up. He has many training video's in the members forum, and the other members truely help each other out. There are no bashing on the EJ method in the forum, which is amazing. Usually you will get a few members bash a system in the members forum. He also has DVD for purchase if you want to speed up your learning curve. He also only trades in the morning session only. He posts and reviews each system trade set-up at the end of the day for a final net tick(s) on the day if you had traded every single trade entry for the entire day. This will lead into my cons now.

Cons-
His end of day results videos will show net tic(s) on the day, which 99.5%, the day will end net positive. Here is my issue, he preaches to trade only morning session, but yet posts net results for entire day. I dont agree with this, most likely a sales technique, cause these videos go out to non members who subscribe to his feeds on his site. Also he has 2 basic entries using fib drawings. The first and main is the 50% pullback using the high/low of the previous swing before his moving avg's cross. This is good, but if the move is fast and doesnt pull back far enough and just runs away, he will say it was a fib extension trade. I dont agree with this him adding this trade winner to his results video, because this type of trade is usually too fast to take an entry and most of us will miss it. So I do believe he adds these trades to his results video as sales technique for his memberships, oh well....That is my only gripe.

Hope this helps, because it helps me as well in evaluating these live rooms when I put in down in writing as well.....

MCT, good points. The cons that you mentioned outweigh the pros, I think.

On a lighter note, it seems he has rightly embedded an apt word for the name of his service - xxxxxJUNKxx. :-) This is not meant to ridicule anyone!

Originally posted by MassiveCashTeam

I've been with EJ since late last year, off and on. Here are my thoughts so far:

Pros-
He has a set of rules in his trading plan, no if's and or buts. Those are his rules to follow by when you are just starting his trading plan progression. In his progression plan, he suggest you learn his system day by day by adding each of his indicators one by one and learning how to use them week by week. Should take you about 8 weeks to get through the first go around. Once you are more experienced, he will teach you how to better filter these rule based trades to be more profitable. In his live room, he is a teacher, meaning he will not stroke you and make you feel good if not warranted. He will come down hard on you if he feels you made a dumb mistake. You need thick skin if you are shooting from the hip. His rule sets are based on trading 50% fibs pullback after some MA's crosses. In the past I didnt really believe in fibs (read my other thread on fib's), cause you can make argument that there is a fib level on every bar on the chart, which is true. But I do believe EJ, use several filters and support/resistance levels to take the most high probability fib set-up. He has many training video's in the members forum, and the other members truely help each other out. There are no bashing on the EJ method in the forum, which is amazing. Usually you will get a few members bash a system in the members forum. He also has DVD for purchase if you want to speed up your learning curve. He also only trades in the morning session only. He posts and reviews each system trade set-up at the end of the day for a final net tick(s) on the day if you had traded every single trade entry for the entire day. This will lead into my cons now.

Cons-
His end of day results videos will show net tic(s) on the day, which 99.5%, the day will end net positive. Here is my issue, he preaches to trade only morning session, but yet posts net results for entire day. I dont agree with this, most likely a sales technique, cause these videos go out to non members who subscribe to his feeds on his site. Also he has 2 basic entries using fib drawings. The first and main is the 50% pullback using the high/low of the previous swing before his moving avg's cross. This is good, but if the move is fast and doesnt pull back far enough and just runs away, he will say it was a fib extension trade. I dont agree with this him adding this trade winner to his results video, because this type of trade is usually too fast to take an entry and most of us will miss it. So I do believe he adds these trades to his results video as sales technique for his memberships, oh well....That is my only gripe.

Hope this helps, because it helps me as well in evaluating these live rooms when I put in down in writing as well.....

Massive,

Thanks much for your hard work. I have see your work on other forums in this site.
I had been with Viper Trading but that did not work out
Just got Easy Emini Trading and will read her ebook and bring up the charts and evaluate.
Next try EminiJunkie and then weigh both before making my decision. Issue with EJ is es is the only instrument he trades.
Thanks again,
Jack

stocksster - i wouldnt call eminijunkies "junk," but do understand your reasoning.

jack greene - easyeminitrader is some good stuff too, just as well as eminijunkie. since i have 90% decided channel-trading is not a fit for me, i think the most learning that one can get is from eminijunkies. he does teaches you to learn to take fib trades based on filters, longer time frame, areas of support/resistance, etc.....but i do understand your thoughts on EJ only looking at the ES market only. i can see the argument for looking/trading more than one market. but for EJ methodology in fib retracements, i strongly believe you need to look at only one market to learn how that particular market lives and breathes. if you look at other markets at the same time, such as 4-6 markets at a time, how are you going to get intimate with all these markets at the same time? wouldnt this bring you back to vipertrading?

Being an MP person I was kinda hoping Channeltrading would have worked out..what happened?

I agree that you need to immerse yourself in a market

Originally posted by MassiveCashTeam

stocksster - i wouldnt call eminijunkies "junk," but do understand your reasoning.

jack greene - easyeminitrader is some good stuff too, just as well as eminijunkie. since i have 90% decided channel-trading is not a fit for me, i think the most learning that one can get is from eminijunkies. he does teaches you to learn to take fib trades based on filters, longer time frame, areas of support/resistance, etc.....but i do understand your thoughts on EJ only looking at the ES market only. i can see the argument for looking/trading more than one market. but for EJ methodology in fib retracements, i strongly believe you need to look at only one market to learn how that particular market lives and breathes. if you look at other markets at the same time, such as 4-6 markets at a time, how are you going to get intimate with all these markets at the same time? wouldnt this bring you back to vipertrading?

Thanks for your quick response. I have been looking at the DX and it's reverse effect on 6B and 6E.
I have heard master one market, one setup and it will serve you well. Will keep you posted.
Jack

You are 100% right. I was a member too for a few months and I learned a lot from him but the daily videos are not telling the whole truth. The video results are based on the first touch of the entry or provit price. In real live trading that almost never happens. The price has to go thru. that's why the video results are not correct. But for the amount of money you pay for his service, it is absolutly worth it. I didn't buy the DVD.

Originally posted by MassiveCashTeam

I've been with EJ since late last year, off and on. Here are my thoughts so far:

Pros-
He has a set of rules in his trading plan, no if's and or buts. Those are his rules to follow by when you are just starting his trading plan progression. In his progression plan, he suggest you learn his system day by day by adding each of his indicators one by one and learning how to use them week by week. Should take you about 8 weeks to get through the first go around. Once you are more experienced, he will teach you how to better filter these rule based trades to be more profitable. In his live room, he is a teacher, meaning he will not stroke you and make you feel good if not warranted. He will come down hard on you if he feels you made a dumb mistake. You need thick skin if you are shooting from the hip. His rule sets are based on trading 50% fibs pullback after some MA's crosses. In the past I didnt really believe in fibs (read my other thread on fib's), cause you can make argument that there is a fib level on every bar on the chart, which is true. But I do believe EJ, use several filters and support/resistance levels to take the most high probability fib set-up. He has many training video's in the members forum, and the other members truely help each other out. There are no bashing on the EJ method in the forum, which is amazing. Usually you will get a few members bash a system in the members forum. He also has DVD for purchase if you want to speed up your learning curve. He also only trades in the morning session only. He posts and reviews each system trade set-up at the end of the day for a final net tick(s) on the day if you had traded every single trade entry for the entire day. This will lead into my cons now.

Cons-
His end of day results videos will show net tic(s) on the day, which 99.5%, the day will end net positive. Here is my issue, he preaches to trade only morning session, but yet posts net results for entire day. I dont agree with this, most likely a sales technique, cause these videos go out to non members who subscribe to his feeds on his site. Also he has 2 basic entries using fib drawings. The first and main is the 50% pullback using the high/low of the previous swing before his moving avg's cross. This is good, but if the move is fast and doesnt pull back far enough and just runs away, he will say it was a fib extension trade. I dont agree with this him adding this trade winner to his results video, because this type of trade is usually too fast to take an entry and most of us will miss it. So I do believe he adds these trades to his results video as sales technique for his memberships, oh well....That is my only gripe.

Hope this helps, because it helps me as well in evaluating these live rooms when I put in down in writing as well.....