O ye, of little faith ...
Institutional Equivalent Education?
- #262
- Feb 13, 2017 4:24am Feb 13, 2017 4:24am
- | Commercial User | Joined Jan 2007 | 1,486 Posts
If any of this were true (instead of obvious codswallop), shouldn't you feel a tad miffed that 'Ronaldo' has achieved more with 15 minutes scalping tuition than you and the rest of the Compass crew have been able to accomplish in three YEARS of constant, full time study? Also, why would he consider - even for a moment - in taking the pathetic German bank offer for a measly mill. a year when he's capable of regularly making $100k a day?If I were you, I'd band together with the rest of the Compass devotees and tell Ray to shove that long list...
1. Back in October, Ray showed us what he showed 'Ronaldo' it isn't like he is keeping that education a secret.
2. Ronaldo has the advantage that since he is working for the Prop Firm he has access to their resources, information and the current market opinions of Ray. This gives him an advantage over even those in the Compass room who are scalpers. I mentioned this when I talked about 'the big book' and also said that 'Ronaldo' would have to rely on the German Bank's strategist if he accepted the job.
3. The majority of us in the Compass room either can't or don't scalp. Scalping isn't easy: it requires courage, patience (waiting for the right time to scalp - not patience when in a trade) , a fast trading platform with fast internet, fast reactions, decisiveness and either a Futures account with low commissions or a Forex account with very low spreads and commissions. Certainly the closest I can get to scalping is 'news trading'. Even then I find I am much slower/less decisive since my triple coronary artery bypass.
You also suggest in your more recent post that 'Ronaldo' would be much better off trading his own money - i.e. without any strategist. Of course he is currently trading a relatively small account for the Prop Firm - NOT his own money and this makes a big difference. I am sure that most retail traders will say that it is extremely difficult to be both strategist and trader. Plus you have to be your own Risk Manager. The number of people who get good results in a Demo account only to burn through several live accounts show how difficult it is to trade your own money. Heck, even Ray doesn't know if he himself would be any good as an independent trader.
- #264
- Edited 4:33pm Feb 13, 2017 4:21pm | Edited 4:33pm
Don't mistake sarcastic cynicism for lack of sincerity. While I'm genuinely sorry for what you've had to go through in terms of your heart troubles, I am still nonetheless extremely sceptical about all your trading related claims and think my basic objection still stands; i.e. (you contend) a virtual layman learned a strategy within ***F.I.F.T.E.E.N M.I.N.U.T.E.S***, which has not only given him a hit rate superior to 99% of the trading public, but also superior to people like yourself, who have been spending literally countless hours, day after day, for years... with the very same teacher!
It's all very well claiming that the reason for his monumental success is down to the mystically empowered Mr de Medici being in his midst, but unless Ray was doing absolutely nothing else than sitting over Ronaldo's shoulder and calling out, "buy" and "sell", every 10 seconds (in which case Ronnie can't really claim any credit and Ray should have lost his bet with the other members of the prop desk), then something is rotten in the state of Denmark. No?
If you're still adamant that this is all really true then please enlighten us (the audience to whom you are touting your Compassfx wares) how Ronaldo managed to fit 361 winning scalps into his day... while still doing his job as a salesman?
Godlike as Ray (allegedly) may be, presumably he is not in charge of the company and can't just take it upon himself to redeploy other members of staff on a whim? So did Ronaldo do these 361 trades before or after his regular eight hour marketing shift?
You did say in your last post after all that scalping requires patience, so by that token he couldn't have just rattled the trades off willy-nilly, right? I'm very interested then in hearing how this feat was accomplished in a 24 hour time period. Intravenous Red Bull? Electrodes to the testicles? Or wait, did 'otherworldly' Raymondo fly Ronaldo in his spaceship to Uranus in order to make use of the longer days?
Yep, I know I've been a cheeky bugger once more. It is a failing for sure. Nevertheless, there is something decidedly fishy about all of your stories and while I know it will never happen (Samidy was right
), I'm happy to submit myself as the new Ronaldo and have Ray open my eyes... and shut my trap. 
Unlike Ronaldo, I already have a fair amount of capital behind me, as well as institutional accounts (plural) with tiny spreads. The strategy I've relied on for years has stopped working and I'm in a total slump. I'd love nothing more than to have an enlightened being 'show me the way' and I honestly WOULD sign over 75% of my profits and become Ray's unpaid marketing man for life (could you stand the competition?) IF any of this is truly valid.
What are you still doing here reading this reply? Off you go and tell Ray about my offer/challenge. Chop chop!!!
It's all very well claiming that the reason for his monumental success is down to the mystically empowered Mr de Medici being in his midst, but unless Ray was doing absolutely nothing else than sitting over Ronaldo's shoulder and calling out, "buy" and "sell", every 10 seconds (in which case Ronnie can't really claim any credit and Ray should have lost his bet with the other members of the prop desk), then something is rotten in the state of Denmark. No?
If you're still adamant that this is all really true then please enlighten us (the audience to whom you are touting your Compassfx wares) how Ronaldo managed to fit 361 winning scalps into his day... while still doing his job as a salesman?
Godlike as Ray (allegedly) may be, presumably he is not in charge of the company and can't just take it upon himself to redeploy other members of staff on a whim? So did Ronaldo do these 361 trades before or after his regular eight hour marketing shift? You did say in your last post after all that scalping requires patience, so by that token he couldn't have just rattled the trades off willy-nilly, right? I'm very interested then in hearing how this feat was accomplished in a 24 hour time period. Intravenous Red Bull? Electrodes to the testicles? Or wait, did 'otherworldly' Raymondo fly Ronaldo in his spaceship to Uranus in order to make use of the longer days?Yep, I know I've been a cheeky bugger once more. It is a failing for sure. Nevertheless, there is something decidedly fishy about all of your stories and while I know it will never happen (Samidy was right
), I'm happy to submit myself as the new Ronaldo and have Ray open my eyes... and shut my trap. Unlike Ronaldo, I already have a fair amount of capital behind me, as well as institutional accounts (plural) with tiny spreads. The strategy I've relied on for years has stopped working and I'm in a total slump. I'd love nothing more than to have an enlightened being 'show me the way' and I honestly WOULD sign over 75% of my profits and become Ray's unpaid marketing man for life (could you stand the competition?) IF any of this is truly valid.What are you still doing here reading this reply? Off you go and tell Ray about my offer/challenge. Chop chop!!!
- #265
- Edited Feb 14, 2017 12:18am Feb 13, 2017 5:45pm | Edited Feb 14, 2017 12:18am
Don't mistake sarcastic cynicism for lack of sincerity. While I'm genuinely sorry for what you've had to go through in terms of your heart troubles, I am still nonetheless extremely sceptical about all your trading related claims and think my basic objection still stands; i.e...
However I have been a member of the group now for about a year and I can guarantee you this, you will not find this information presented anywhere else.
For the quality and quantity of information the course is literally for free. I joined because another respected member on this site introduced me and it has been by far the most important step I have taken in my trading career.
The style of trading is called Statistical Arbitrage where a traders finds opportunities once price diverges from its value. Ray teaches you how to build these models to value an asset and then how to identify areas where and when to deal. There is a ton of other things he teaches but that is essentially the basis of the course.
Why Ronaldo does better than the students on the course is he has access to Ray directly but also the firms models which are far more accurate than the far more simplistic models we are able construct in the retail space. However there are traders in our group that have 30% days risking 1-2%.
Below is one of the models we use. The red and green lines represent value and you can see the opportunities highlighted by the arrows where Compass students have been taught to take trades (and I have only highlighted the main ones). What technical trader would have gone short where price starts making higher highs and lower lows and gone long at the bottom in a strong downtrend?
How much would you pay to learn how to build these models for just about any market you are interested in? I think the price charged is far far too low.
Now I dont hold out much hope of changing your mind and I am not sure if I really want to but I felt that this thread needed some balance to your posts and hopefully some other traders who are thinking about joining will recognise the value of the graph below.
Boxing clever since 76.
{quote} Ian, something in your posts makes me think you are only slightly sceptical about Ray and I believe you should be considering all the nonsense that goes on in this business. If I had read through this thread I would have also thought it was suspect. However I have been a member of the group now for about a year and I can guarantee you this, you will not find this information presented anywhere else. For the quality and quantity of information the course is literally for free. I joined because another respected member on this site introduced...
This is the first step. Btw I'm an outsider, but still kept few recordings and from time to time indulge with Ray way of explaining... During time I found some of his info also on some other places, but what I keep acknowledge over and over again, and Ray is so right it all come to puting the pieces of the jigsaw in the right places, and this takes time, lot of time, determination, strong will...Btw IanF, u say a few posts above that if I want to watch some of the recordings... I really like to watch some of them, how can I get them?! can u arrange for something.
Thx.
- #271
- Feb 20, 2017 11:58am Feb 20, 2017 11:58am
- | Commercial User | Joined Jan 2007 | 1,486 Posts
Forthcoming education from Ray - even he thinks this will take several Tuesday class session. He will be starting tomorrow and says he will also cover Theta Trend trading for those students who also trade Options . 
For those who know some of his trade types, the 'Ali Shuffle' or 'Rope a Dope' is a counter trend variation on the normal 'C' Liquidity trade.
For those who know some of his trade types, the 'Ali Shuffle' or 'Rope a Dope' is a counter trend variation on the normal 'C' Liquidity trade.
Ok, you've convinced me and I'll stop with the snarkiness from this point on.
There's no way so many of you would be singing Ray's praises if he wasn't something special. I've therefore decided to bite the bullet and am going to sign up with Compass. My only real concern though is that Ray has been teaching this course for three years and, like Copi88 said, covered a bazillion topics in that time.
Ian, in post 247 you listed a whole bunch of recordings from just the past couple of months alone. With this in mind, is there any way you could list the titles of the videos you consider to be the most important ones of all from the entire three year back catalogue? This question goes to Copi88 and Samidy as well. I don't want to join the course and be totally overwhelmed - like a toddler at university.
It would be good to know what videos are the best examples to go to in order to gain a good foundation. Thanks in advance.
Ian K
There's no way so many of you would be singing Ray's praises if he wasn't something special. I've therefore decided to bite the bullet and am going to sign up with Compass. My only real concern though is that Ray has been teaching this course for three years and, like Copi88 said, covered a bazillion topics in that time.Ian, in post 247 you listed a whole bunch of recordings from just the past couple of months alone. With this in mind, is there any way you could list the titles of the videos you consider to be the most important ones of all from the entire three year back catalogue? This question goes to Copi88 and Samidy as well. I don't want to join the course and be totally overwhelmed - like a toddler at university.
It would be good to know what videos are the best examples to go to in order to gain a good foundation. Thanks in advance.Ian K
- #273
- Feb 24, 2017 7:38am Feb 24, 2017 7:38am
Ok, you've convinced me and I'll stop with the snarkiness from this point on.
When you sign up you get access to the trading room and all the recorded videos going back to 2015 of class sessions and market briefings.
There is however a structured training course you can go through to get an understanding of the core concepts. The amount of work is daunting at first and you will need to dedicate a significant amount of time to this. This is not a red / green arrow type of trading method and no indicators are used but you will truly understand why price has moved from one point to another, who is dealing in those areas and where price is likely to go next.
Ray mentioned today that he is looking to do a bootcamp going over all the various concepts, so try join up before that happens.
Boxing clever since 76.
Thank you Copi88 and Nhen for your answers.
From having read many accounts of people like yourselves who are part of the team I understand the amount of work and study involved. The only real complaints I've heard raised again and again are the lack of structure in the teaching, as well as the sheer amount of videos to go through. I am not trying to avoid this; rather, I want to approach the problem sensibly.
Ian F listed a number of videos in post 247 and I noticed that there are multiple videos for each and every day. If this is the standard then it means there are literally thousands to go through over the years that Ray has been teaching! Presumably they're all hours long in duration as well and probably require repeated viewing in order to digest the concepts imparted. As dedicated as a person may be, it is still a gargantuan undertaking for any potential student. With this in mind I was hoping you 'in the know' guys would list some of the specific titles of the videos you think are particularly instructive/relevant/helpful, i.e. Ian F listed them like this:
So is it possible for you to each list a handful of your own favourite videos in a similar manner, so that I can immediately navigate to them when I sign up? I'm very motivated, but admit to being daunted at the prospect of so so many recordings.
From having read many accounts of people like yourselves who are part of the team I understand the amount of work and study involved. The only real complaints I've heard raised again and again are the lack of structure in the teaching, as well as the sheer amount of videos to go through. I am not trying to avoid this; rather, I want to approach the problem sensibly.
Ian F listed a number of videos in post 247 and I noticed that there are multiple videos for each and every day. If this is the standard then it means there are literally thousands to go through over the years that Ray has been teaching! Presumably they're all hours long in duration as well and probably require repeated viewing in order to digest the concepts imparted. As dedicated as a person may be, it is still a gargantuan undertaking for any potential student. With this in mind I was hoping you 'in the know' guys would list some of the specific titles of the videos you think are particularly instructive/relevant/helpful, i.e. Ian F listed them like this:
12-11-16 Market Briefing - Big Picture - AUD - CRB Inflation - Supply-Demand/Flattener-Steepener - AUDJPY
12-12-16 Market Briefing - Session Close Technical Trade - Bond Market Steepening - Flattening - Direction for Predicting Gold & Currencies - Curve - Constructing a View
12-13-16 Steepeners - Flatteners & Equities - Jigsaw Puzzle: Term Structure & Full-Scope Analysis Elements 1/3
12-13-16 Flight to Quality Trade 2/3
12-13-16 Steepeners - Flatteners & Spreads - Review & Summary Matrix 3/3 Predatory prop...
So is it possible for you to each list a handful of your own favourite videos in a similar manner, so that I can immediately navigate to them when I sign up? I'm very motivated, but admit to being daunted at the prospect of so so many recordings.
Some of the tools from Investing are based on tradingview. I'm not so "lucky", I would like to join...but just can't from a lot of reasons (@samidy)... I have to use the free stuff, and pick some scraps here and there...
... I have to use the free stuff, and pick some scraps here and there...
- #279
- Feb 27, 2017 6:26am Feb 27, 2017 6:26am
- | Commercial User | Joined Jan 2007 | 1,486 Posts
Some of the tools from Investing are based on tradingview. I'm not so "lucky", I would like to join...but just can't from a lot of reasons (@samidy)