Had a look at arbmaker, it looks like an amazing tool. Thank you for sharing, With me as i may play around with it..
having taken "the course" i can speak to this. it is simply a mechanical technical entry system with discretionary exit based on the most common rules. there is no consideration given to market-specific fundamentals. bone has acknowledged lack of expertness in markets other than energy and interest rates. i have emails from before i executed my contract, from bone, that are all specific to intraday energy spreads. one specific fly he called his "bread and butter trade". i ask bone: want to deny that before i post them? that issue represents the last leg on which you've been standing with regards to my supposed laziness and self-will. caveat emptor. lot of money to listen to a condescending failure tell you to work harder. please.
Stereo70, it's not surprising that only one of bone's customers has made money. It looks like bone is the "Wolf of ET." Slap together some fancy jargon and dated technical analysis, mix in a slick sales pitch and voila...
I spend a great deal more time and effort with clients on spread construction than the actual trade entry or the exit. And the system has evolved over the past five years, and the amount of materials distributed to clients has increased dramatically, and the program price and the contract term length has increased as well.
Let me welcome another new client to the program today - and I am pleased that he took the time to interact with existing clients, perform due diligence, and make a truly informed decision.
really? you're a joke. your new knee-jerk response is to proclaim a new client. now that your "technical indicator package" has proven to be a pos, time to wax hyperbolic about "spread construction." your verbiage is gross.
So let's do the math...... course costs 7k, and 125 ET members have taken it = $875,000 and that's just from ET members, not counting other clients not from ET. Hmmmm.... anyone else thinking of getting into the education business???
The best part is you can now state that your methodology may not even work for 90 percent of traders!