Trading Tigers

[waimate01]

I saw Jody present at the AIA conference last week. A very entertaining presentation, and very seductive. He showed how you can make 40% by exploiting a pattern that occurs every Melbourne Cup day. Pretty much guaranteed. You find yourself thinking, "well, yes, maybe this could really work".

It's all too seductive, which is why I didn't go along to the free 3hr session.

If the system really worked, sharing it would reduce its effectiveness. And if it really worked, Jody wouldn't be selling training for a living.

 

[SIFIIK]

Hello,

Has anyone heard of 'Trading Tigers'? Jodie Ellis of Trading Tigers claims that their SPI trading strategy returns 1000%/year (or even more)?
Their course costs $5000.

Has anyone done any of their courses?

I'd like to hear from the current Trading Tigers members.

Thanks

Just saw this and as a paid up Trading Tiger I would like to offer the following. Each year is different in the market. 2009 was an especially good (and difficult one for the TTs)

Jody's coure involves introducing members to a particular type of analysis of the market -- quite different to Fundamental and technical.

The trading tigers make the same trades on the same day each year regardless of market conditions and the only thing that prevents some people from enjoying spectacular results is their succumbing to greed, fear and the inclination to not follow a very clear set of rules.

Al trades are advised in advance a day or two ahead of the entry time by Jody with a number of targets and the various probabilities of those targets being reached. There are other strategies that he teaches to protect one's positions and limit losses to a pre-determined amount, without an overnight position being subjected to wild and volatile movements that otherwise would not be seen during the trading day.

If the rules are followed to precision then historical probability says that a Trading tiger can generate very good returns.

He makes all the trades himself and this trading account is audited by a large internationally known firm of accountants at the end of each year.

Last year (2012) was a difficult year by usual standards and this account generated somewhere in the vicinity of 200-250% return.

I didn't achieve this because I broke a few rules and succumbed to my fears, greed and my higher and better knowledge of the moment - which of course failed to be the case.

One thing I can say about Jody (p.s. I do not work for or with and never have anything to do with TT or Investor Centre), is that he is genuinely & passionately interested in each individual Trading Tiger doing well. I from observation - see him frustrated by those that venture from the rules and suffering accordingly.

It is money well invested to do his course - it may seem simple but the real challenge is to follow the rules.

Hope this helps.

He also runs a Platinum Tigers course which ventures into discretionary trading in the Aust SPI future and the S&P500.

 

[SIFIIK]

I saw Jody present at the AIA conference last week. A very entertaining presentation, and very seductive. He showed how you can make 40% by exploiting a pattern that occurs every Melbourne Cup day. Pretty much guaranteed. You find yourself thinking, "well, yes, maybe this could really work".

It's all too seductive, which is why I didn't go along to the free 3hr session.

If the system really worked, sharing it would reduce its effectiveness. And if it really worked, Jody wouldn't be selling training for a living.

Actually sharing it strengthens it - see my reply post to Ice_28 - the trades are done same time every year regardless of market direction at the time. The trading tigers members number about 400 at any one time and with a broker arrangement in place, everyone's entry trades can be implemented simultaneously. Exit trades trades will depend on the targets selected by individual members from a list provided prior to the entry of targets along with a probability % of that target being achieved. He states what target he will aim for and places that trade in a special TT trading account which is audited for authenticity at the end of the trading year by a reputable (international & located in Australia) accountancy firm. Trading year runs from mid-January to mid-January

The Melbourne cup trades (there are two actually) have been successful every year for the last 30 years except one - I can't remember whether it was 2011 or 2012. Not a bad return in anyone's books.

 

[SIFIIK]

It's all too seductive, which is why I didn't go along to the free 3hr session.

On a personal note and absolutely nothing to with being a Trading Tiger myself, the above comment is tantamount to someone not seeing a film or reading a book because someone else said it was crap. Ridiculous! and usually made by the type of person that is vulnerable to their own emotions of Greed & Fear.

Better you (and the other naysayers) stay out of the market altogether me thinks - or better still consult an Australian bank employed financial adviser; they're great

 

[tech/a]

Last year (2012) was a difficult year by usual standards and this account generated somewhere in the vicinity of 200-250% return

.

is there a privately audited varification of the account returning these figures
OR
are they simulated figures.

Is the method traded live Like a few others are
(obviously only available to members who join and recieve the info).

I often see figures bandied about which are only here say with no way of varification.

 

[prawn_86]

If this system is so good we would love to see the trades posted live and give members here a chance to follow it.

Or as Tech says, audited broker statments to prove the return claims

Why anyone would pay 5k for any form of financial course is well beyond me

 

[SIFIIK]

.

is there a privately audited varification of the account returning these figures
OR
are they simulated figures.

Is the method traded live Like a few others are
(obviously only available to members who join and recieve the info).

I often see figures bandied about which are only here say with no way of varification.

Try reading my post and you will see that he opens an account each mid January with $10,000 and places every trade exactly as he advises the members to do so, These are real trades not simulated and they are verified at the end of the 12 months (mid January) by an auditor along with the broker's records of the trades having been placed.

So to answer your question succinctly: They are live trades and after each trade is completed and finalised, a progressive report is provided and then the International (located in Australia) Auditors verify them to be true and accurate.

Hope this helps

 

[SIFIIK]

If this system is so good we would love to see the trades posted live and give members here a chance to follow it.

Or as Tech says, audited broker statements to prove the return claims

Why anyone would pay 5k for any form of financial course is well beyond me

Contact Jody Elliss at Investor Centre Brisbane - you can speak to Trish if he is unavailable; 07 3390 5130.

There will always be naysayers but if you are serious - follow up on this or stick to chewing your cud

 

[SIFIIK]

If this system is so good we would love to see the trades posted live and give members here a chance to follow it.

Or as Tech says, audited broker statments to prove the return claims

Why anyone would pay 5k for any form of financial course is well beyond me

There is one currently in play starting at Close of Trade today (Thursday 14th Feb) - ending Tuesday 19th. Short Mar 200 SPI - no stops in the night market (you will need to be a member to know the protection strategies available to those that wish to employ them), looking for targets ranging between 28 points and 42, although historically this particular trade has shown movements of in the vicinity of 70 points and greater. 5040 is a significant number in the March SPI as is 4900

There is a stop for the day market (members know it) and this trade is related to the Presidents Day Holiday in the US that falls next Monday.

Check it out and see what you think.

 

[prawn_86]

ASF is a trading community so feel free to post the trades live in this thread as many others here do when they buy or sell somehting and then we will see how great it is.

A quick search reveals 3 links saying that this is just another money making machine for the owners, leaving those purchasing high and dry. If it really was so easy they wouldnt be selling it:

http://tremblinghandtrader.typepad.com/trembling_hand_trader/2008/01/black-box-full.html

http://trishjenkins.com.au/wp-conte...ous-Wealth-as-eBook-by-Trish-Jenkins-2011.pdf

https://www.aussiestockforums.com/forums/showthread.php?t=8252 (already a previous thread here on ASF)

 

[SIFIIK]

ASF is a trading community so feel free to post the trades live in this thread as many others here do when they buy or sell somehting and then we will see how great it is.

A quick search reveals 3 links saying that this is just another money making machine for the owners, leaving those purchasing high and dry. If it really was so easy they wouldnt be selling it:

http://tremblinghandtrader.typepad.com/trembling_hand_trader/2008/01/black-box-full.html

http://trishjenkins.com.au/wp-conte...ous-Wealth-as-eBook-by-Trish-Jenkins-2011.pdf

https://www.aussiestockforums.com/forums/showthread.php?t=8252 (already a previous thread here on ASF)

I've provided you with the current trade details and it seems I have wasted my time on a skeptic. Why bother - go dig a hole and hibernate. Give it till Tuesday Close to decide - you asked for details of a trade - you've got it live

Last night took 28 points and looking for re-entry - this continues throughout the weekend to EOD Tuesday

 

[rnr]

ASF is a trading community so feel free to post the trades live in this thread as many others here do when they buy or sell somehting and then we will see how great it is.

A quick search reveals 3 links saying that this is just another money making machine for the owners, leaving those purchasing high and dry. If it really was so easy they wouldnt be selling it:

http://tremblinghandtrader.typepad.com/trembling_hand_trader/2008/01/black-box-full.html

http://trishjenkins.com.au/wp-conte...ous-Wealth-as-eBook-by-Trish-Jenkins-2011.pdf

https://www.aussiestockforums.com/forums/showthread.php?t=8252 (already a previous thread here on ASF)

The above post would seem to be somewhat misleading.

" A quick search reveals 3 links saying that this (implied Trading Tigers) is just another money making machine for the owners, leaving those purchasing high and dry. If it really was so easy they wouldnt be selling it:"

The first link only refers to "Aussie Rob's Lifestyle Trader software" and hopefully are you inferring that there is some link between them.

A quick skim of the ebook in the second link reveals a quote by the author, Trish Jenkins, (refer page 18) which hardly meets the search criteria.

"According to Mr. Jody Elliss, best-selling author, futures trader and one of my most respected finance mentors, the number one rule of trading is:"

Whilst the third link, to a previous ASF thread which ended up off topic, involves one disgruntled poster who had attended the Trading Tigers course and wouldn't recommend it to others.
My take on this post is that they failed because they didn't follow the trades as specified.

 

[prawn_86]

Last night took 28 points and looking for re-entry - this continues throughout the weekend to EOD Tuesday

So you have already closed the trade? Or is it still open? Will you advise us if these 'secret' stops are hit?

 

[SIFIIK]

So you have already closed the trade? Or is it still open? Will you advise us if these 'secret' stops are hit?

The trade is currently waiting for a re-entry (that more than likely will be hit any moment - only 6 points away approx) - as mentioned this trade allows targets to be hit and then re-entry made right through to Tuesday. So hang on to your britches Mr Cynic - I know you are looking for a "told you so" outcome but there is no point seeking cracks until they appear - I promise to keep you up-dated - HONESTLY. Who knows it could fall over. No-one claims to be right 100% of the time. Jody's historical data shows these annual trades have success rates ranging from 66% to 100%.

even 66% is pretty damn good

 

[prawn_86]

The trade is currently waiting for a re-entry (that more than likely will be hit any moment - only 6 points away approx) - as mentioned this trade allows targets to be hit and then re-entry made right through to Tuesday. So hang on to your britches Mr Cynic - I know you are looking for a "told you so" outcome but there is no point seeking cracks until they appear - I promise to keep you up-dated - HONESTLY. Who knows it could fall over. No-one claims to be right 100% of the time. Jody's historical data shows these annual trades have success rates ranging from 66% to 100%.

even 66% is pretty damn good

So what rate are you targeting for re-entry? It would be nice if you could set out the entire entry/exit/re-entry rates when you take the trade so then members can monitor it themselves also, otherwise it looks as though you are just hindisght trading (which i am not saying you are but it may create that impression)

Alternatively feel free to send through the broker statements to one of the Mods and they will verify that all these trades were taken and are 100% correct

 

[SIFIIK]

The above post would seem to be somewhat misleading.

" A quick search reveals 3 links saying that this (implied Trading Tigers) is just another money making machine for the owners, leaving those purchasing high and dry. If it really was so easy they wouldnt be selling it:"

The first link only refers to "Aussie Rob's Lifestyle Trader software" and hopefully are you inferring that there is some link between them.

A quick skim of the ebook in the second link reveals a quote by the author, Trish Jenkins, (refer page 18) which hardly meets the search criteria.

"According to Mr. Jody Elliss, best-selling author, futures trader and one of my most respected finance mentors, the number one rule of trading is:"

Whilst the third link, to a previous ASF thread which ended up off topic, involves one disgruntled poster who had attended the Trading Tigers course and wouldn't recommend it to others.
My take on this post is that they failed because they didn't follow the trades as specified.

Spot on! - Fear & greed leads to panic and breaking the rules. I've done it and lost. I've observed and made good returns

 

[SIFIIK]

So what rate are you targeting for re-entry? It would be nice if you could set out the entire entry/exit/re-entry rates when you take the trade so then members can monitor it themselves also, otherwise it looks as though you are just hindisght trading (which i am not saying you are but it may create that impression)

Alternatively feel free to send through the broker statements to one of the Mods and they will verify that all these trades were taken and are 100% correct

Targeting the same as my original entry point - I think you can appreciate you are just fishing for specific details in advance i.e. the easy way - just track what I am telling you and you will see the honest outcome come Tuesday pm - as far as the "hindsight" cynics - history shows that unless an individual overtly attempts to change their repeating patterns they will continue to make the same decisions/judgements

We sign confidentiality agreements, I am an honest person and have no invested interest in you subscribing to anything to do with TTs. But I also respect that we have are registered group receiving privileged information. just a few of points away from re-entry now

 

[prawn_86]

We sign confidentiality agreements, I am an honest person and have no invested interest in you subscribing to anything to do with TTs. But I also respect that we have are registered group receiving privileged information. just a few of points away from re-entry now

So its a few points away but you cant tell me what you are targeting?

Are you an employee of Trading Tigers or any other company associated with Jody Elliss? Or do you gain any form or financial incentive from promoting his products?

 

[SIFIIK]

So its a few points away but you cant tell me what you are targeting?

Are you an employee of Trading Tigers or any other company associated with Jody Elliss? Or do you gain any form or financial incentive from promoting his products?

Goodness gracious! - perhaps you could read my posts in their entirety _ i have already stated that I have no vested interest in TT whatsoever (and no related companies) except that I am a continuing paying member. I receive no recompense, financial or any other form from "promoting" as you put it. Just look at your use of that word. Yet denigraters are authentic by implication, but not bitter losers

I saw these posts and saw that a lot of cynics (Read can't follow the rules) had posted negative comments. I thought that in the interest of a balanced view and coming from someone that has made all the mistakes, you might be interested to hear another side. To date all your posts to me have implied "ulterior motive", financial benefit, cynical comments (that by the way paint an interesting picture of you).

I repeat I am an honest being with no ties to Trading Tigers or Investor Centre other than being a persistent member despite MY mistakes, that sees that if an individual can put away their emotions and follow these simple rules - then you should be able to generate significant returns. The greatest difficulty is enjoying a successful trade and then having the patience to wait for the next one to come along.

Phew!

p.s. still waiting for re-entry - market hovering at the moment. Only a few point away as previously mentioned

 

[prawn_86]

Goodness gracious! - perhaps you could read my posts in their entirety _ i have already stated that I have no vested interest in TT whatsoever (and no related companies) except that I am a continuing paying member. I receive no recompense, financial or any other form from "promoting" as you put it. Just look at your use of that word. Yet denigraters are authentic by implication, but not bitter losers

Thanks for your answer, i just need to check as it is ASF policy for company workers to disclose their connections.

Are there audited results? If so who audits them? Are they available to the public? If not, why not? Can I obtain a copy in order to verify them?

I must admit i am still struggling to get my head around why someone would pay so much for a course, and if the course is so succesful then why those selling the course dont just trade for themselves or start their own hedge fund and take on investors. And then why those who do pay have to sign non disclose agreements and cant say what levels they are targeting or where their stops are set