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The first looks rather cheesy with no statistics but only promises, while the latter shows a reasonable basis for profits. Does anyone have any insight on these?
Can you help answer these questions from other members on NexusFi?
on the other hand, the cost for the oil room is inexpensive and does have a 30 day money back deal. i might try it out and will post my experiences with it.
The "SX3 Protocol" is just Scott bracketing CL with buy and sell stops then hitting the close button almost immediately after getting filled to make 1-10 ticks. He also trades in simulation mode so he lets losers run until they get profitable for screenshots.
He also has some new strategy where he waits for the first minute after 9am est and whichever way that bar goes, he fades the market and goes the opposite way. For instance, the 9:00 EST bar is an up bar, he shorts at 9:01... if it's a down bar, he goes long.
Also, has some guy named Greg that is slightly more advanced and does the same thing, brackets Oil on news events and has an ATM strategy to trail by 5 ticks.
Oh, and also there is some marketing scheme where you do affiliate marketing and get commission. Here's an excerpt from an email:
So in summary... all he does is bracket the market and scalp 1-10 ticks. Don't waste your money. Nothing special here.
I hate get rich quick trading schemes, It takes the art out of trading. Someone trying to sell you a system is ludicrous considering if they really made a lot of money with it why need to sell it. Good systems should be kept private and only told to the deserving. but hey, if it adds more liquidity to the market so be it.
Since they were offering 1 month for 5 dollars, I couldn't help but register just to see what it was all about... Well people are going to get poor fast. Although bracketing seems like a good idea when you don't want to make a responsible choice about the market going up or down...
Got this email from the Oil Money Trading for JOBB(Joe Bracket Breakout)trading the news. I guess this guy is one of there students. What surprised me was that he showed his p&l and broker statement for Q1.