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let me clear this up for all you want to be traders there is no holy grail every body get lucky sometime . i am a ace member have been for eight months now i have learn the system have all of the training videos and everything and i know first hand what i am talking about ace only shows when the trades that he calls are winning in the videos that he shows he do not show the stop out that you have to take to make the winning trade . every day he do hit a big home run but how many stop outs did it take to get to that trade so like i said before if you have a big account this may be good for you for this system to work you will need aleast 5000 per contract , because you will be trading with 3 contract min, and if you are stoped out you willl lose 150 off the bat and hope that you are stopped out just one time only .i have seen people stoped out for 4 to 5 times on a trade before that is at least a 600 loss of the bat i do not trade no more because i have loss over 150000 trying to find the holy grail because there is none for us retail traders let me explain how the market works and i dare anyone to prove me wrong because no one can Goldman sachs and their affiliates control the stock market , goldman sachs job everyday is to make 100 million that is everyday that use what is called program trading clocks and every day these clocks are programed for different time to go long or short the market and when it is time to to go long on the clock goldman and the other hedge funds that control the market will pump millions or shares of stock in the market to move the market where they want it and then everybody else i mean the retail trader will pile on that move and then goldman will take profits and do it again at the sell time on the clock so basicly you are trying to conplete with the institutions which you can not win i tryed to order the program trading clocks but you can only get them if you are a hedge funds so there you have it folks if any body need any more information pm me . thank you
Can you help answer these questions from other members on NexusFi?
How many hours you spend each day on the ACE trade room? Can you trade without the help of the moderator?
I spend maybe 3 hours a day there. I use the room to stay in focus only. I have distraction as a trading problem. Once I learned the system, there was \ is no need to wait for the moderator to do anything. I do not need his help but it is nice to cross-check myself from time to time.
Jerry Time is a factor and the big players do changeup time. However though the times may change, the methods they use do not for the most part. The ways they enter/exit the MK are noticeable if you know how to look. The Ace method provides how to look. Jerry do not give up working on time either, you can better master it, keep looking. For example they set up nearly every CL inventory report in advance. You just have to know what to look for then wait for the real direction. The Ace system can help with that.
"The Ace Trades trading room offers three items for sale. A “Gold” package that costs $3,500, a Platinum package that costs $5,500, and a Diamond package that costs $9,800. All three packages include the same set of special Ace Indicators."
Just joined Ace Trades and would like to hear from successful Ace Trades members.
The reason I'm asking is that I'm getting killed and am using his methodology "extremely well" according to Ace himself.
I've even sent …
and placed below for your convenience.
What is lacking here is a fundamental understanding of this business in general and probability in specific. Any market edge (assuming there even is an edge with this AceTrades) is subject to the whims of probability. Meaning (many things...but just to take a few....) sample size the probability is generated from. The winning and losing streaks with in the probability that is completely normal and must be able to be weathered by appropriate position sizing, account size as well as ones choice of markets. Basically, tick size vs. swing size or daily range etc.
Below please find an example of what I am talking about:
We all know the probability of a coin flip is 50/50. 50% heads. 50% tails.....BUT this is ONLY over an infinite sample size.
Here we have a screen shot from my phone of the Random.org app as well as a shot from the app store.
Here we see a 37 coin flip sample size. 15 heads 22 tails. This equals a probability of heads of 40.5%.
Point here is you can, as you say, get killed and there really isn't anything wrong.... except either your account size is too small or your position size is too big or poor market choice or all three or all three plus others I have not yet thought of etc.
Also I'm sure this AceTrades is for the birds anyway..... sorry.
Good luck to you.
Ron
...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Wondering if someone can share their first-hand experience that has actually joined Ace Trades, thanks so much! It seems odd that there is really nothing showing what the system actually is or anything anywhere as well.
TDRscalper,
You won't find any info showing what the system actually is because there is a nondisclosure agreement. There is a trial you can sign up for and he refers to the Keys. I did write a review, which you can find on this site. I have several cornerstones for my trading, which includes one of the Keys. The most important things I will tell you is that you should NOT try to learn all the Keys until you have mastered the one that makes sense to you the most first, study hard and observe for awhile so you understand the rules and context, which only happens over time, and you should be making trade decisions based on that alone because if you wait for the trading calls, you will be too late in fast markets and if you don't have a full grasp of the method and its limitations, you will be frustrated. With that said, I only use one Key, and it has made a substantial difference in my trading.
Thank you so much for taking the time to write me . I totally understand and would not ask specifics on the system, its only a general idea as to what it is id be interested in, And thank you for explaining how it's working for you.
Is it something unique? And do completely learn to do it on your own without the need to have Ace call it out?