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He does have 2 other methods that are much less expensive.
Quote (description of one system):
"Instead of taking all the trades, about 100 a year, you may want to settle for the simplified version of the system that selects very special trades with a high probability of success. Trades like that can happen only a few times a year, but their combined profit is very likely to pay for the system many times over. I always look for trades like that. They took place when the market jumps over the entry level in the morning, before the daily session open at 9:30 EST, and does not return to it during the first hour of trading. If the market then breaks out of the first hour range in the direction called by the system, you take that trade. Use the same size of the stop-loss as for regular trades, although cutting it down to 2.5 pt for ER2 and 4 pts for ES should work well too. No matter the size of the stop-loss, employ a re-entry if shaken out of your position. "
I was following this for a while, but it had periods of extensive draw downs. I'd do some good due diligence before attempting to trade with real money.
King sucks!
Bought it 2 years ago. Basically nothing more than a bunch of moving averages that converge at some point to gice you a trend signal. Real waste of time that I tossed the manual away in the trash can. Looks a little like a system out there called the 5EMA system.
It's not a system, so you cannot talk about drawdowns in any objective manner. I have never had a serious drawdown, but that's just me. If you follow it as a system which it never meant to be you are doing something wrong.
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