Murray Ruggiero Pattern Trader on sale for a limited time

Discussion in 'Announcements' started by Murray Ruggiero, Jan 12, 2017.

  1. Gino_V

    Gino_V

    Back in 2003, I had an account with Lind-Waldock, they recommended your daytrading program for me to trade. So I traded your signals for ES and NQ with their system trading department. The round-turn commission was a whopping $50. The DD was so much I had to stop. Is the program you are selling now an improvement, Mr. Ruggiero?
     
    #11     Feb 12, 2017
    southall likes this.
  2. Gotcha

    Gotcha

    So much of what is posted on ET is bullshit. The only thing I respect and pay attention to is a list of trades. Initially it doesn't even have to be posted in real time, but obviously, if the claims are outrageous, then real time calls would be necessary. But initially, I just want to see where you get in, where your initial stop is, where you initial profit target is, how you adjust these during the trade, or even don't adjust them at all, and of course the distribution of wins and losses. When you can plot several dozen trades on a chart, it becomes apparent if the trading is real or not. There is no need to evaluate a system, there is no need to learn a method, there is no need to listen to anyone's wise advise, until you can see how the trades stack up.
     
    #12     Feb 12, 2017
  3. southall

    southall


    This.

    Anyone thinking about buying any trading system, from any vendor, not just from the OP: The buyer will always abandon it on the first major drawdown.
    And real world drawdowns will always be much worse than what the hypothetical testing suggests. Commission + Slippage, mistakes and changing market conditions will ensure that.

    No one ever made money in the long run from these systems. Instead you are likely to lose $1000s. You are already down $800 from just buying this garbage in the first place.

    Has there ever been a single person on ET who has ever posted how they made $100K, or even $10K from trading a system they bought from a Vendor?

    I don't ever remember seeing even a single post and i have been reading ET and Trade2win for 13 years.
     
    Last edited: Feb 12, 2017
    #13     Feb 12, 2017
    lawrence-lugar likes this.