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hermanhess

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Posts posted by hermanhess

  1. As per Emmett of tradingschool.org OTA was a `massice scam, neither did the system work nor was the head trainer Sam Seiden profitable, it seems the cftc has filed a lawsuit against the founders of OTA for perpetuating a massive scam and defrauding their customers for over $370 million dollars,

     

    https://www.tradingschools.org/online-trading-academy-lawsuit-update-2020/[/Code]
    
    [code]https://www.tradingschools.org/the-seiden-strategies/

     

    Have a look and decide for your self

  2. for what it's worth, although hard to implement, the system works. I've seen John Grady's tax returns, he put it up on elite trader couple of years ago when he first started his course, there was just one ebook at the time and no webinar or video's, his tax returns for the year showed an income of 650k, i saw it myself, it could be 650k form other sources of income but I'm inclined not to think so, I've interacted with John in the past and as far as I can tell he's legit ...... which is vert rare in today world.

     

    The above is just my opinion, you have yo form your own

  3. Here's a MACD system I found that apparently has positive expectancy, over a 100 trades the stats are 62% wins with a 1.5:1 reward to risk ratio (no commission & slippage)

     

    https://www.youtube.com/watch?v=nmffSjdZbWQ

     

    Is a sample size of a 100 trades enough to draw a realistic conclusion if the strategy has positive expectancy?

     

    https://www.youtube.com/watch?v=G7C2mKg8W60

  4. Thanks ... I checked the broker list but could only find IB & TD Ameritrade as listed brokers for equities, both are subject to the PDT rule, do you know of any other broker I could use with Ninja trader for equity day trading which is not subject to the PDT rule
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