I own the "ultimate trading machine", and i also own the "futures trading secrets" program, and have worked with both of them quite extensively in Ensign over the past months. I would be happy to answer any questions you guys have about this, I noticed several people were "looking" for a UTM owner. I can tell you what signals and rule set they use if you like, etc. I have worked a lot more with the FTS program, I also found it did not work for me "out of the box", however there is some value there in terms of some of his indicators, I have been developing my own charts basically playing with his indicators in different ways, it's been very educational, but I'm still not trading live so that should tell you something... as they say "to know, and not do, is to not yet know". - GaryD
The UTM, never to be heard from again. That's until we need a liitle more cash! Just like printing money!!! LB Fellow Trader, This may be the last time you will hear from us, as the Ultimate Trading Machine (UTM) is just about sold out. We wanted to try to keep the site up till the end of tomorrow but it looks as though it isn't going to be possible, as the 100 copies are nearly gone. Yesterday we blew through 57 of them, and another 22 have already gone today. The site will be coming down tomorrow night at the latest, but it could well be sooner than that. If you haven't secured your copy of the Ultimate Trading Machine, you should today, as it will no longer be an option for much longer. If you miss this chance to get your copy, you will have to wait up to several months from now when it becomes available again. And mark my words, the price is going up several hundred dollars from what it is priced at this week.
Unlike Aimless, when I backtested the UTM basic setups it lost loads of money long term. It did remarkably well the 3 months preceding the release, but over a year or 2 failed miserably.
Isn't that how most programs turn out when backtested, the reality of curve fitting comes to the surface.
The UTM system is on sale again for 1,295 bucks and for the last time. After these 200 copies it won't be on the market anymore... Any more people who bought and tried it in the meanwhile can add any more comments?
They had an auto-trade program set up through a broker using UTM, I was on it for 2 weeks with 2 contracts on ES in March 07 and lost $1,300, thereafter I closed my account and licked my wounds. It may be better for Forex, but then again my own system I created myself using Ensign works way better in both markets, and it costs me a mere year of studying and back testing (free??!!) I may be wrong, but I think you have to study some books/systems, lose some money, and develop your own style and charts, to have success. - G
I feel sorry for you guys who have bought into this marketed heap of crap. Its damn slick advertising tho. You gotta admit! Personally I wouldnt buy it but I have to admit that I did come close a few times when they first released it. Luckily good sense prevailed! I did listen to the latest webcast out of interest. In it the guy does mention that the indicator used is a standard indicator but the settings are proprietary. He also gives out http://www.netpicks.com/getultimate.html as a link for past performance which is essentially the same link as the last release batch. I couldnt see any updated results. Sorry to be a sceptic but I bet the month or so of results that they have shown on the above page is prob the 'good month' (yes! optimized sh*t)! I have a couple of questions for people who have bought the system: 1) I wondered whether the settings on the indicators change regularly'. Can someone confirm this or not? 2) I understand there is a moneyback guarantee. Why cant you guys who have bought and cant get it to work use that? Regards, Splat