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Please open cfile for this great indicator limits your stop loss great money mgmt.


misalto

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While I'm not commenting on the indicator that seems to "stop" you from trading after losing $x amount of money (you really shouldn't be trading live anyway, if you can't control this, because you're far too emotional and clearly lacking trading discipline) but the page also allows for connecting to his "real" account and replicating his results.

 

The screenshot records start off rather nicely on the page, but stop as of May 23, which is when things likely went bad, and quite badly. He wants people to sign up to his system, for which there is a fee. Yet, once you start with the recommended $30K, within 4 months, you're down to $19.5K. And that doesn't include his $375 monthly charge. Oh, and the screenshot of the utopian trades from this insurance/mortgage-agent-turned-trader are clearly on a Sim101 account.

 

Amazing what 1) people will throw up on the web and attempt to charge others $$$ for and 2) what poor results they can deliver, 3 months in a row, clearly indicating they cannot trade.

 

For the record, here's the performance. Thankfully, it appears there is no more trading in September - any subscribers must have realized that they could probably lose this amount of money on their own, without the help of an 'expert full time trader' And before you think these are long term trades, the web page records them as an average of 53 minutes in length. Amazing.

 

Oh, and here's the performance report (in Chrome, right click, select 'Open image in new tab'):

http://i.imgur.com/NrNiuLC.png

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