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Opinions about trading123.net


chesstrading39

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Hello fellas

 

since several weeks ago i am thinking about this web page http://trading123.net/

 

 

 

can u tell me any experiences with them?

 

are they profitable using their auto trader system? http://trading123.net/signup.htm

 

http://screencast.com/t/nq4zia1o6P

 

they say they make money all days using it

 

and what do you think about market cycle indicator? http://trading123.net/marketcycle.htm

 

http://screencast.com/t/L5DH4ij1

 

they say that indicator plots the Price and the arrow before the bar candle closes, i really think that is imposible!!! we all would be millonaires, but i dont have one real experiences with them

 

i would appreciate if you can give your honest opinión about this web page

 

thanks to all you

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Opinions are like a**holes- everyone has one .... lol.

I did look into trading123 and it seems to me the same as all other lagging sets of indicators.

I thought that this magic cycle indicator will save the day but ... as you could guess it seems to me just a longer term indicator that prints a vertical line after it sensed a big move in one direction.

You can make money with it the same as you can with a simple moving average in some cases but then on a day with shorter moves that fluctuate up and down you will lose it all because by the time

you go long the market will kick you out and cause many loses and same for the short of course.

Instead- just watch a 2-1 renko spectrum and just go with the trend- meaning:

AS LONG AS WE DID NOT BREAK ANY PIVOT DOWN- THEN KEEP GOING LONG ( same for shorts )

You will faint if you see how many es points you can make every single day with this simple method and no indicators needed.

Traderbeauty-Jane

 

http://i.imgur.com/E26YNAN.jpg

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