mbhsi

Just started looking at them as well in live trading. Seems to have some real validity and trade-ability when used with other indicators.

I took his trial to his trading room. What was very intriguing to me was his goal of making $1000 trading two contracts. From the little I have been in the room, he appears to hit that target, which I find pretty extraordinary compared to other rooms I have visited or briefly joined. Without taking his course, I did not understand the trade signals he was following but left pretty impressed that he and his partner moderator could get the kind of profits that they did. Felton is easy to listen to and pretty entertaining with his Texas mannerisms and colloquialism. Felton appears to have developed a winning system, at least from the little I have observed.

I appreciate this thread being started. I struggle (probably because of psychological issues) to place and honor my stops and end up managing my trades, which I can usually do fairly well. Example, last week I went long on commodities when everything crashed. It took a lot of work but I ended up flat for the week. But I realize that managing losing trades, is counter productive for me because of opportunity cost lost as well as potential damage to the downside. Also it can wreck havoc on your pysche. In a heavily rotational market, managing trades vs. stop losses works fine but in powerful trends, ie. silver crashing last week, it can be murder. At least my perspective.

Yes, I feel happy with my purchase. Having been in other rooms and paid way more money per month, I have to say that it is disappointing what others are offering at more cost and much less value. Just today, I took one of his trades, using a 5 tick stop and scales off at +4,+10,+18 ticks. That is pretty typical of his trades-low risk and high reward. He actually called out that the target would have been +20 but I got out a couple of ticks early. Compared to the type of trading I have seen in other rooms, I remain impressed with his trade calls.

Actually the lifetime can be recouped in less than a year (cost of month by month plus the webinars), so I would not say it is that big a leap of faith. No one has to sign up for the lifetime, it is just something offered occasionally. There are rooms charging $200 a month, so the cost would be recouped at 6 months in comparison to some other rooms.

I signed up for the lifetime, which is only offered at rare intervals (or so I am told). Huddy is the only one who talks but members can send in questions, which he answers out loud. You can also email he but he gets around 200+emails a day, so responses may be quite short. Quite frankly, he is perhaps the only trade room moderator that I am impressed with. I have tried a number of others and have largely not been impressed. His risk to reward ratios are better than I have seen around-he likes to risk 5 ticks on the 6E to shoot for targets that may be 40-50 ticks away. He scales 3-4 times along the way, so risk is minimized. Plus his prices are really good in comparison to other rooms.

Incase this helps anyone, I recently joined Channel Trading. I have not taken many of his set ups since I am usually working on my own trades but I have to say that I am very impressed with Kevin's analysis of the market and his disciplined trade entries and trade management. I wish I had found out about the room in the beginning of my trading career-it would have saved me a ton of money and quickened my learning curve. I have been in a few other trade rooms and would rate Channel Trading as the top one. Actually a very good price value as well.