RC Miracles & RC Success systems

Discussion in 'Technical Analysis' started by scott55tt, Nov 19, 2005.

  1. Would anybody using RC Miracles or RC Success trading system please give your experience as to the actual trading results with real money ?

  2. Hi scott55tt,

    A professional trader using the RC Miracles system (logic, methodology, proprietary indicator(s), money management) calling himself "RC Trader" had a forum here called "The Winning Edge 2".

    If you go to the elitetrader search engine and type "rc trader" you'll hit it. Also, his website is www.rc-traders.com.

    The elite trader forum and the website give quite a bit of information on how he has done for the past year (it's live interpretation of the signals, not the autotrade version).

    His chat room is currently $600 per month, but he raises it and lowers it based on how his calls have been going, so don't quote me on that price.

    I suggest you read the entire thread to see how it evolved over time. After knocking it and being criticized by the moderator, I decided to sit down and perform an extensive analysis of the system based on the results he posted (spreadsheets are included in the thread), and found that If you follow the methodology consistently you can do quite well over time.

    As with any system, you just have to use good money management, have sufficient equity, take the trades consistently, etc. - but the system definitely has positive expectation.

    Hope this helps.

    Good Luck and Good Trading,

  3. Thank you jimmy.