S.T.A.R (SuperTradeSystem) Trading System Trade setups

[Tseko]

I saw a lot people criticizing S.T.A.R which some shared as a result and have downloaded the system, I'm not a S.T.A.R member though but I've gone through their manual several times since last week and did some bit of 'back-testing'....I'm currently testing it on a live account. It's unfair to talk without having gone through it. Most of us traders we want quick profits that we don't even wan't to work to achieve. Unfortunately a lot of successful 'technical' traders I've read about, Robert Prechter, Ghann and Constance Brown to name a few all have done thorough research of their indicators or methods that they use to trade. I mean they at least know what they dealing with, the strengths and weaknesses inherent in their methods or systems. These people never got 10/10 in their trades, even though they may be profitable losses also resulted in their trades one way or another. The point is I found S.T.A.R to be a bit confusing when I started reading their manual but through persistence (without anybody instructing me) I was able to grasp the concept which actually came to make sense in my head hence I'm testing it. Therefore if you seriously want to trade using this manual system, my advice to you will be to carefully read the manual over and over again, some day when you do understand it you'll be able to say "we wait patiently for our target to be hit before entering the trade". However, if you're not interested in learning the system leave it alone. It's not 100% anyway, why? because it needs you to function even though most of the work is in it, so better be willing to apply yourself. I only aim to achieve a wins of 6 or more out of 10 trades and with proper money management there will be profit in the long run.

Stay positive and wait patiently for your next home run

Tseko

[turtle]

maybe you can post some of your trade setups here... that can be very helpful for us that are learning since this is the 'STAR trade setup' thread...

[retry99]

maybe you can post some of your trade setups here... that can be very helpful for us that are learning since this is the 'STAR trade setup' thread...

That is a good request turtle. Only thing is my own setups are not using anything like you are familiar with if you have the old stuff from on here. The idea is the same but you would not be able to see the same traits. This is because of the 3 place decimal Speed Multiplier that is used in place of switching templates. More setups than are possible at 1/2x or 1x or 2x and the speeds are now adjusted at the pullback evaluation using a very precise histogram Force Index.