At the end of day..Roger Felton's ATS "signals on charts" tool he has been building was up 18.00 points per contract for the Russell....simply amazing to have seen. I want to be in line to beta test this....sheesh.
System was up 10 points per contract here yesterday during the afternoon..I am still fascinated by this ATS systems performance.
I checked out is free webinar last week. A 5 day trial and then 4k, no thanks, no way, over priced IMO. For that kind of money he should give at least 2 weeks. Sure you will see plenty of signals, but he contradicts himself in that he says his method his clear and concise, with let or no subjectivity. Then a few minutes later he says he doesn't take all of the signals, huh? How is that clear and concise? Obviously he is filtering signals so there is subjectivity once again. He may be the real deal, but that smacked of hypocrisy to me.
I know people who have taken 15 day trials...you can take several 5 day trials if you need...he does not care. Any smart trader knows high probability set-ups from low probability set-ups, so of course he is not going to take EVERY signal. If a 3 minute and a 15 minute chart are giving sell signals, would you take your long signal off your primary 1 minute chart...heck no! This would make sense to anyone that takes a week long trial....but if you did take ALL the signals like yesterday (the automated system did) you finished the day with WELL OVER 10 points per contract. I would call that a damn good day....this method is very strong imo! Also, Roger is trading WHILE conducting the chatroom, so of course he is not going to take every trade realtime. Wow..the things people miss when they don't yet know the context of ALL the information that is present if evaluated properly.
TradeESstar - what is your name in the Felton chatroom? I assume you are in the room in order to get those screen shots of the ATS. Does anyone use Felton to trade the ES?
Yes, a lot of people use this method on various contracts (ES, NQ, YM, DAX, etc). You will see me as Kyle or TStar when I am in the room some days. Roger does show his signals and the ATS on other products at times too.
Fair enough, as stated he may be the real deal, I don't know. What I did was give me objective feedback based on the info presented. Obviously you have inside know because you are in the room on a daily basis. Good for you, if it makes you money.
I checked out the room and while the ATS looked good the way he "calls " out his trades was anything but live. By the time they have checked for divergence and then the confirming time frame the trade would have been missed. This is why I think they have only a hypothetical trade list because there is no way thy could do it with real money. 4K I think there are much better out there for the price or much cheaper. Cheers
What??? I trade the signals every day and we are anticipating most signals before they even happen..heck Roger with his trade platform is usually well over $1,000 a day while trading and calling out trades. Most traders can't even trade live let alone teach and call out signals while trading..I do not know what you are talking about. You never have to get dual confirmation to enter a trade..that only increases probability. Some 8, 10, and 12 lot traders from the room only use the 89pc chart for the most part and they are all over the signals (they don't need Roger to call trades out for themselves as they already learned how to use this simple system). This system was easy for me to learn and not be dependent on someone else to call out trades for me. The system is to learn and be independent..not dependent on Roger to perfectly call out every signal to the "second" while he is at the same time teaching newer students. I can really see the desire for Roger to have the signals on charts capability though..then every single trade will be called out to the exact second for the "non-trader" types who can't learn to be independent..LOL!
BTW, name the better ones....LOL! I have never found anything that was this easy to learn and put into practice.