"The Machine" -- www.tradingmarkets.com

Discussion in 'Strategy Building' started by Patient Trader, Feb 3, 2011.

  1. cloudy

    cloudy

    I tried powerratings and lost money with it. Sometimes a stock would be a 9 or 10 then the next day change to a 4 because the stock plummeted. In no way did powerratings predict the stock would plummet and I felt someone's hand quickly changed it to a 4.

    It looks all bs to me. Just produce a bunch of statistics and "research" yet the method and system itself has a low success rate. Especially the "machine" which I continue to get spam email about constantly. black box and too expensive. One can do better setting up a scan on their own platform like TOS or stockfetcher.
     
    #11     Jul 16, 2011
  2. RobtF

    RobtF

    Agreed, you can find TM systems in Connors' books for far less money.
     
    #12     Jul 16, 2011
  3. True with most methods and signal services.

    How much is it by the way? I paid $1,495 for price action lab for all features. I can control R:R and select target win rate, profit factor and such. Plus the system code is fully disclosed. Ony the p-indicator is not disclosed but I don't care as long as I can control R:R and it keeps giving me all those winning signals.

    My suggestion is never buy a black-box
     
    #13     Jul 17, 2011