I spent over a 1.5 years with EJ spending over $1000 attending his room. After my 1.5 years with him, I lost 60% of my account. Over this period, I believed in EJ and I believed in myself. After continued losses, I finally asked him why I wasn't making money. He would always say that it just takes time and I would eventually get it. So, I kept paying the monthly fee with faith in his trading room.
One day, I finally realized how he is mostly “successful/right”, and why I couldn't get there. It's because he instructs in a way that ensures he is never wrong. Before the trades occur, he will provide both a bullish and bearish scenario (which isn’t a bad thing because every trader has to be ready for both). However, after the trades are over, he will go back and justify why they did or didn't work. This makes it appear that he was right. When his mechanical system fails and a trade results in a loss, he will tell members they have to be traders, and not to take every trade. But he will stand by his system in the exact same situation when and if the trade works out. That was extremely frustrating to me and caused a lot of self disappointment.
When someone never goes back and says what he did wrong, it does not create a good learning environment. All it does is create a better sales environment for him. Members that aren't making money believe they are doing something wrong or just not getting it. But if they keep paying EJ a monthly fee, maybe they will eventually get it.
As far as his system being successful, I have backtested it along with 2 others that I know. All of three of us were unable to produce positive results after 3 independent tests. As others have pointed out in their reviews, his video results are not truly reflective of his system (mechanical or what’s taught in the room).
It’s also important to point out that over my time with him, he has modified or completely changed his "successful" system at least 3 times. He used to focus on a 34/68 plan, then he focused on a KIS plan, then a pivot or junkie band, and then a combination of all of them. I lost track.
Over this time he has also nearly doubled the price of his room. And now sells a signal tool to make it easier for novice traders to follow his mechanical system. But you’ll have to pay more for that. Just another way to make money for himself.
If you decide to join, just don’t beat yourself up if you never get it as good as EJ does. You’ll never be as good as someone who is trying to sell/justify his trading plan.
One final question for you to think about:
1.If EJ had a trading system that worked so well, why does he work so hard to make money selling it to other people?
Best of luck to you and your trading!
This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.