I paid 3K for a currency trading system, 6K for TCI course so I am more caution now, we can sign a non-disclose agreement and if I satisfy with your method after some trial period then I will pay the said price. As a matter of fact I am testing Onmitrade real time signal right now, no significant improvement since the last time I tested it, sigh!
you haven't a clue after 10 years of trading? c'mon...my gawd man... ps dark has no such system to sell. just a note in passing -- very good day trading today. increased my p&l over monday by a factor of 2 1/2. suffice it to say i am a very happy man i believe i have the posting problem solved. at least i hope so. stay tuned. Faster
if you took me seriously that is very frightening. Magna I know this is off topic, but faster seems to be off in la la land and this guy really needs help. Nkhoi, for your benefit I am posting the below essay written by Jonathan Matte from defendercapital.com (I didn't ask his permission, but I don't think he would mind a free plug). =========== 1200% IN ONE TRADE! WOW!!! Does that look familiar? I bought a lot of systems, books, indicators and advice during my initial years as a trader, but in comparison to the sum of whatâs out there and available for purchase, I own nothing. I am constantly bumping into new indicators, new systems, and most of all⦠new advisors who have great and amazing insight that will make you rich. Everybodyâs got an angle, and everybody seems to also have a contract with direct marketing firms to help them get more subscribers or purchasers. I get two to ten things in my U.S. Mail box every single week of the year. I get a lot of things in my email box, too, but those are usually woefully off-target for my interest; since the slope-headed parasites who do bulk email advertising donât have to pay for it, they donât bother with demographics⦠Anyway, I get a fair amount of email from real and nice people who ask me, "Do you know about this system," or "Have you seen this ad?" It occurred to me that I may as well post my default answer here, since if I havenât actually seen it, I tend to say the same thing in response. Stuff for sale typically comes in three categories: books that contain ideas, insights or reminiscences; indicators and systems that are Powerful and Amazing; and newsletters, advisory faxes or web sites that contain commentary or information. Sometimes there are hybrids, but itâs all pretty much the same idea. I tend to find the greatest value per dollar in books. Generally, someone who writes a book is attempting to convey an idea rather than a sure-fire system. Also in general, books tend not to be vastly overpriced, and they donât have the recurring costs associated with a subscription to something. Itâs up to you to decide whether a book contains something useful to help you in your development of a system or method. The rest of it⦠well, I apply the "Sticks Test of Reasonability" and see what I get. Here are the parameters for that test. Everybody go get that ad youâre looking at and compare. If you had a Great Trading Idea to Make You Rich, and it really was a good idea that could be demonstrated, would you rather trade it with your funds and/or in a management capacity⦠or⦠pound the pavement, write pamphlets, engage in hard sell, pay a marketing firm to direct mail people, pay a phone center to accept orders for your product, produce the package, distribute it, and fight fires caused by disgruntled customers, all for less money than you would have gotten by just managing funds? If youâre a big success already, why not just get a web site and publish the method for free? Youâd get all the fame that way, with none of the hassles. In the marketing literature for a system or signal generator (trade recommendations by fax, that kind of thing), how prominent is the track record, either simulated or real-money? No, I donât mean that horky nonsense about "an amazing 320% percent gain in one coffee trade" or "our method is up to 85% accurate!", both of which are ludicrous and deceptive statements. What do you mean, thereâs no track record? If the system performed well in either simulations or real-time, wouldnât they be screaming about those results in contrast to S&P500 index funds? I sure would. Any signal or system provider that refuses to (or canât) produce documented, explainable results for that system is in my opinion asking you to buy something that cannot be demonstrated as anything but worthless. Beware of testimonials. Who is "Mrs. R.H., Ohio", anyway? Do you know her? Is she real? How extensive was her use of the product? How comparable was her use of the product to how you are likely to use it? When you look at it that way, exactly what verifiable new information do you have after having read the testimonials? Nada. Testimonials are sock puppets. Beware of testimonials. Look through them. Do you see, "I just love your product. Iâm so excited! I canât wait to get started!"? Wait a sec⦠this is a testimonial from a sock puppet who hasnât even tried the method out!!! What the heck is that doing in there? Look through them again. Do you see, "In my first trade, I made $11,000 with ONE Eurodollar option!"? Wait a sec⦠this is a testimonial from a sock puppet who wrote it after having made one, single trade. The reputation of the system is safe, now, because one person made one successful trade. Look through them again. Do you see, "I canât believe it. I have used your system day in and day out for five years, now, and it performs just like you said it would. Five more years like this and Iâll retire. Thanks!"? Uh, you didnât see that? Go back and look again. No? Hmmm⦠but thatâs the kind of thing Iâd want to see in a testimonial, since Iâd be planning on using this system for a good, long while. Actually, Iâd rather see dozens of those types of comments. In the absence of those, I must conclude that the vendor is trying to fool me. Be extremely wary of anybody who appears to promise you triple digit percentage returns or more. Consider that the excellent advisors on Wall Street tend to hit the 20-40% return rate as years go by. If the risk goes higher by using futures, you can do better year to year. Iâve seen real-money results hit three digits from time to time in different systems, but 500% every year? "Double your money every six weeks?" Folks, think about this. Do some quick arithmetic. If you can apply their percentages or promises and end up with all the money in the world in eight years, you are being fooled. Lied to. Deceived. Actually⦠be extremely wary of anybody who appears to promise you anything other than to try real hard to give you a good product or good advice. Only a fool, a liar or somebody new to the business will promise any kind of returns or results. Nothing in the marketplace is certain⦠beyond the certainty that a good financial frying pan in the face is always just around the corner somewhere. If the product you are evaluating is an advisory service of some kind, and the service provides exact and specific trades to take, then go see #2. No track record, and something is wrong. If the service does not provide you with entry and exit signals⦠exactly what are you paying for? Youâll be paying for information that is supposed to make you a better trader. If you have some reason to believe that the information will cause you to (essentially spontaneously) begin making good trading decisions, fine. If you canât quite make the connection between a discussion of recent market activity and a specific decision to go long Sugar at 7.70 tomorrow morning, then you need to consider how much youâd be spending and whether it would bother you to discover that you may have wasted your money. Most of the time, general information doesnât lead directly to a trading decision, which means youâre still using the same process as before for getting in and out of the market (which means your performance probably wonât change all that much). If it looks like itâs worth a try, and if you can sign up for a short trial and the money isnât excessive for you, go for it and evaluate the information very, very carefully. If itâs interesting but not something that will produce better trading from you, then continue the subscription as if it were a fun magazine. If youâre hoping itâll really make a difference but you canât see how, then just take a deep breath and move on. Donât become a useless info junkie. Most people arenât losing because they donât have access to enough information; most people are losing because their methodology for getting in and out of trades⦠well⦠sucks. If anything, weâre already overloaded with market info. If the product is an advisory service that purports to give you great opportunities for entering and exiting markets, be extremely wary if it is anything other than a daily fax or email service. Weekly or monthly option newsletters are nothing short of useless, in my opinion. In a week or a month, who knows what might have happened to the market theyâre discussing? If you follow these rules, with a little practice youâll get to where you just shake your head and toss the Amazing Secret ads without much hesitation. Your pocketbook will thank you, and you probably wonât be missing much. Good trading systems come from your own head, not from the mailbox. Good traders are developed, not purchased (unless you buy the services of a good CTA). A good trader is more than someone who follows directions from afar. Happy recycling. ===========================
darkhorse, you usually are more wordy than this, out of practice? I am puzzle, do you mean you want me to treat you like a clown? anyway, people must be bore to death with you and I, so on to next topic.
LOL is that supposed to be some kind of insult? i suspect it is but can't exactly tell was trying to help you dude- but whatever (shrug) you know, your choppy grammer sounds a looot like some fruit loop italian guy we had fun with a ways back...Max something or other....