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s&p emini trading

  1. is anyone using dr. ned gandevanis winning edge s&p trading methodology for their emini trading ? if so ,what are your feelings on this system and how successful and consistent have your trading results been ?
     
  2. make him prove how good his system is. if he wont show you his actual trading records using that system forget it. backtested systems are mostly useless.
     
  3. his monthly results are posted on his website and they are quite good
     
  4. if they are complete and true.i dont trust any of these guys. of course they wouldnt put results on the website that showed them in a bad light.i dont know this guy but just going by past experience.
     
  5. I remember alot of bickering about this guy back about 4-5 years ago on some of the other web forums. Looks as though he has a different web site now and much higher prices.

    I have no comments one way or the other, I just ignore this kind of bs, and let others duke it out about what the true value of this stuff is...
     
  6. vulture do you remember if the bickering was positive or negative about him ?
     
  7. If it's more than 50% positive, it's usually called "support' rather than bickering.
     
  8. what's the website?
     
  9. ?
     
  10. if you want a free service that is done in real time so you can watch every trade as it happens check this one out. http://innercircletrader.com/
    i dont have any relationship with him other that im in his room on mirc and watch him trade every day. he started a $10000 model portfolio on jan 1 and is now up over 100%.i know its legit because i watched every trade being made.

    PRICE PRICE DATE POINT $ LOSS/ NET ACCUM
    TICKER BUY DATE TIME STRATEGY QTY SOLD BOUGHT CLOSED loss/gain GAIN COMM TOTAL TOTAL



    es 3-Mar 9:58 long 2 849.75 848.75 dt 2 100.00 10 90 $15,125.00
    es 10:07 short 2 850.00 850.25 dt -0.5 -25.00 10 -35 $15,090.00
    es 10:25 short 2 846.25 846.50 dt -0.5 -25.00 10 -35 $15,055.00
    es 12:57 short 2 842.50 840.50 dt 4 200.00 10 190 $15,245.00
    es 4-Mar 9:39 short 2 832.00 830.50 dt 3 150.00 10 140 $15,385.00
    es 5-Mar 10:10 long 2 823.00 824.50 dt -3 -150.00 10 -160 $15,225.00
    es 10:22 long 2 824.50 824.50 dt 0 0.00 10 -10 $15,215.00
    es 6-Mar 9:40 long 2 824.00 823.50 dt 1 50.00 10 40 $15,255.00
    es 9:50 short 2 822.50 821.00 dt 3 150.00 10 140 $15,395.00
    es 10:21 long 2 826.75 827.25 dt -1 -50.00 10 -60 $15,335.00
    es 2:46 short 2 819.75 821.00 dt -2.5 -125.00 10 -135 $15,200.00
    es 7-Mar 9:54 short 2 816.75 816.00 dt 1.5 75.00 10 65 $15,265.00
    es 10:04 short 2 818.00 817.50 dt 1 50.00 10 40 $15,305.00
    es 10-Mar 9:42 short 2 821.25 823.00 dt -3.5 -175.00 10 -185 $15,120.00
    es 9:46 short 2 821.25 817.00 dt 8.5 425.00 10 415 $15,535.00
    es 2:00 short 2 812.00 810.50 dt 3 150.00 10 140 $15,675.00
    es 11-Mar 10:06 long 2 813.50 811.25 dt 4.5 225.00 10 215 $15,890.00
    es 13-Mar 9:42 short 2 817.00 813.75 dt 6.5 325.00 10 315 $16,205.00
    ESM03 14-Mar 9:52 short 3 828.50 829.50 dt -3 -150.00 15 -165 $16,040.00
    es 10:01 long 3 834.00 828.75 dt 15.75 787.50 15 772.5 $16,812.50
    es 17-Mar 9:45 long 3 830.75 826.75 dt 12 600.00 15 585 $17,397.50
    es 18-Mar 9:46 short 3 860.50 860.50 dt 0 0.00 15 -15 $17,382.50
    es 9:55 long 3 857.25 858.75 dt -4.5 -225.00 15 -240 $17,142.50
    es 10:04 short 3 857.00 858.25 dt -3.75 -187.50 15 -202.5 $16,940.00
    es 10:16 long 3 864.50 859.75 dt 14.25 712.50 15 697.5 $17,637.50
    es 19-Mar 9:36 short 3 867.00 865.50 dt 4.5 225.00 15 210 $17,847.50
    es 10:00 long 3 866.75 867.25 dt -1.5 -75.00 15 -90 $17,757.50
    es 20-Mar 9:38 short 3 867.25 868.00 dt -2.25 -112.50 15 -127.5 $17,630.00
    es 9:56 short 3 865.50 863.50 dt 6 300.00 15 285 $17,915.00
    es 21-Mar 9:35 short 3 883.00 882.50 dt 1.5 75.00 15 60 $17,975.00
    es 9:52 short 3 881.00 880.50 dt 1.5 75.00 15 60 $18,035.00
    es 10:07 long 3 882.00 881.75 dt 0.75 37.50 15 22.5 $18,057.50
    es 2:10 long 3 886.25 888.00 dt -5.25 -262.50 15 -277.5 $17,780.00
    es 2:24 short 3 885.25 887.25 dt -6 -300.00 15 -315 $17,465.00
    es 25-Mar 9:42 short 3 862.50 863.50 dt -3 -150.00 15 -165 $17,300.00
    es 9:51 long 3 865.75 865.75 dt 0 0.00 15 -15 $17,285.00
    es 2:27 long 3 877.00 878.00 dt -3 -150.00 15 -165 $17,120.00
    es 2:39 short 3 874.75 872.75 dt 6 300.00 15 285 $17,405.00
    es 26-Feb 9:41 short 3 869.00 870.25 dt -3.75 -187.50 15 -202.5 $17,202.50
    es 9:52 long 3 871.75 871.50 dt 0.75 37.50 15 22.5 $17,225.00
    es 10:18 short 3 872.25 873.50 dt -3.75 -187.50 15 -202.5 $17,022.50
    es 10:43 long 3 869.50 871.50 dt -6 -300.00 15 -315 $16,707.50
    es 27-Mar 9:46 long 2 861.00 861.50 dt -1 -50.00 10 -60 $16,647.50
    es 9:50 short 2 860.75 857.75 dt 6 300.00 10 290 $16,937.50
    es 28-Mar 9:41 long 2 863.75 861.25 dt 5 250.00 10 240 $17,177.50
    es 2:10 long 2 863.75 864.50 dt -1.5 -75.00 10 -85 $17,092.50
    es 1-Apr 9:41 short 2 849.75 848.00 dt 3.5 175.00 10 165 $17,257.50
    es 10:02 long 2 851.00 847.75 dt 6.5 325.00 10 315 $17,572.50
    es 2-Apr 9:40 short 2 873.50 874.25 dt -1.5 -75.00 10 -85 $17,487.50
    es 9:43 short 2 873.75 874.25 dt -1 -50.00 10 -60 $17,427.50
    es 9:49 short 2 874.25 875.25 dt -2 -100.00 10 -110 $17,317.50
    es 10:22 short 2 876.75 877.25 dt -1 -50.00 10 -60 $17,257.50
    es 3-Apr 9:41 short 2 881.50 878.00 dt 7 350.00 10 340 $17,597.50
    es 4-Apr 10:19 long 2 880.00 879.75 dt 0.5 25.00 10 15 $17,612.50
    es 10:01 short 2 877.00 874.75 dt 4.5 225.00 10 215 $17,827.50
    es 7-Apr 9:35 short 2 899.25 898.25 dt 2 100.00 10 90 $17,917.50
    es 9:52 short 2 902.75 901.00 dt 3.5 175.00 10 165 $18,082.50
    es 10:13 long 2 903.75 902.75 dt 2 100.00 10 90 $18,172.50
    es 8-Apr 9:43 long 3 878.75 879.75 dt -3 -150.00 15 -165 $18,007.50
    es 10:01 long 3 875.50 875.75 dt -0.75 -37.50 15 -52.5 $17,955.00
    es 10:13 long 3 876.50 877.00 dt -1.5 -75.00 15 -90 $17,865.00
    es 9-Apr 9:38 short 3 878.00 876.25 dt 5.25 262.50 15 247.5 $18,112.50
    cad 9:47 long 5 0.6843 0.6787 10-Apr 0.028 2800.00 25 2775 $20,887.50
    es 11-Apr 9:34 short 3 879.25 880.50 dt -3.75 -187.50 15 -202.5 $20,685.00
    es 9:47 short 3 882.25 882.75 dt -1.5 -75.00 15 -90 $20,595.00
    es 9:54 short 3 881.00 875.00 dt 18 900.00 15 885 $21,480.00
     
  11. what do you mean weird charts ? also he doesnt say that he has never lost money. he shows that he has never had any losing months.
     
  12. If you develope a winning system you trade it , you don't sell it.
     
  13. You can correct your posts within 60 minutes by clicking "Edit" from the bottom right corner of the post.
     
  14. Do you really believe that! :(
     
  15. as far as "losing money", i should have said that its unusual for any good trader to say that they have never had a losing month. even the best traders have months where their methodology , systems, trading style or executions are not conducive to making profits across every market.

    that's all...
     
  16. mwinik, i have a suggestion that you will almost undoubtedly decline:) i offer it to anyone who comes here with "is this vendor good?" question. try him and tell us. (especially if he has some kind of money back). so far noone has taken me up on this offer:) either they dont wanna try. or they try and dont wanna tell us results because either they were A) good (don't want others to know), or B) bad (embarrasing). humans are such scums!:)
     
  17. Geesh Traderkay, how do you really feel...
     
  18. Hey that's a step up traderkay - nice effort - now putting smiles behind your scums. I like that. :)
     
  19. The S&P's are so hard to trade it's no wonder so many "gurus" are out there pitching their loser system. If I could never be successful trading, my next occupation would be selling an overoptimized system to unwary trading novices.

    After all hindsight is 20/20
     
  20. Notice the wording:

    "Sell 861.60/862.60 with an initial profit target to 856.00 Place your protective stop two points above your entry"

    Initial profit target TO 856.00, prob the same as that guy on Millenium Trader's that records the max possible $ on each trade
    but never tells u where he actually covers. Then posts highest $ exit for results.
     
  21. Well, is anyone using his services? How good are they?

    Any ideas how true his posted record is?

    A friend of mine told me last month that although the method sounds objective, it is very subjective - therefore you have to pay a lot more for his training if you want to be successful.

    Also, that Gandevani posts prices per month but actually charges the monthly amount every 4 weeks, thereby getting a few $$ extra - isn't that something?

    I would appreciate any feedback here. :)
     
  22. Probably half and half, otherwise it wouldn't be "bickering"!
     
  23. You know, you have a point. I've seen dozens of these threads and I can't remember one where someone came back and gave a good summary of the service. At best, there were a couple of posters who updated their results for a week or so.
     
  24. Any positive threads after someone has taken Don Bright's course? I am about to enroll for July 14.
     
  25. do a search you will find someones diary and review after taking the course.