Tin44 

I'm interested on this indicator. But as always in this trading world that is full of scammers (please i'm not saying Mike is one of them!) i want more info. Does anybody know if the live trading videos could be fake? In any way. I don't know, hidden replay mode, editing, live broadcasting but having edited parts on the video. I really feel good sensations with the indicators. Despite some times some "rules" doesn't apply through the discretionary aspect, it feels solid. I know it is not 1+2= 3. You have to read an interprets on your own what are you watching. But I would love to see some of his trading background. Verified info one or something similar. He has no trial period. No monthly subscription.. I'm considering VSA from Trade Guider.. found it less clear or with a more difficult learning curve, but at least i can try it the amount of months i want.

I'll put in my 2 cents. I've been with MBox and Mike for a couple years now. At this point I have definitely recouped the value and then some for the price of the software. MBox has helped me stay out of bad trades, preventing unneeded losses, and I have become somewhat consistent. I still have a job so I cannot trade every day, but I have been grinding out 2-3k a month from the markets pretty reliably for the past 8 months. I don't think this should come as a surprise for anyone using MBox. In the trading room there are people that trade for a living and post their results. I'm still not ready to quit my regular job just because it pays really really well plus it is a reliable income, but I also love trading and thinking maybe somehow I can transition to trading full time as well sometime in the future. But for now I will trade alongside my regular job and just add contracts to increase my profits.

Regarding Mike's videos, highly doubt they are fake. I think the proof is in that other people make MBox work for them and make money / prevent losses. I do believe there are a lot of scammers out there, but try finding another guy like Mike that has programmed his own system, trades his own system, and shows exactly how to use it. Many vendors I am sure outsource programming from India or wherever and don't even trade their own indicators. As far as I know, Mike worked in the Silicon Valley (salaries there are BIG) and I also HIGHLY doubt he would have left his job to pursue trading had it not been lucrative to do so.

Now, getting that out of the way, my thoughts about trading in general. There is NO holy grail. There is NO one system that will make you money automatically. I do strongly believe trading takes work and needs to be treated as a job to get serious and real results. The MBox system is a discretionary trading system, although some members seem to have automated it (with good results from the posts I have seen), but I have not dabbled in that at all. I believe Mike's message to be to learn how to read a chart, adapt to what the market is doing, deciphering it to detect when you can trade at an advantage. That is what MBox is about. No holy grail, but a set of tools helping the trader understand and read the markets, and ultimately making better trading decisions. Will it make you instantly successful out of the box? No, it requires work and you need to learn how to use it. Will it help you become a better trader if you put in the time and effort? Totally possible speaking from my own experience and that what I see from other members.

David_R 

I think more importantly than the software are several others aspects that are more important. Having patience and discipline to trade any method is key. Waiting for the right setup and following rules.

@David_R,

Fair point, and honestly it's the one most people skip past to get to the shiny indicator argument.

The MBoxWave technical detail worth knowing though -- it separates bid and ask volume at the wave level instead of summing everything together like standard Weis Wave does. So you get independent Wave Bid Volume and Wave Ask Volume. Practically, that means you can spot Supply/Demand divergences that get buried in summed-volume approaches. Price grinding higher but ask-side volume declining wave over wave while bid-side stays flat? Classic Wyckoff effort vs result divergence -- and regular volume waves just can't show that.

But yeah, none of that matters if you can't sit still. I've read enough blowup post-mortems to know the pattern: it's almost never the indicator that fails, it's the person abandoning their own rules mid-trade because "this time is different." Switching tools every few months is just a way to avoid confronting that.

The cost angle is interesting too. On ES or CL, one properly executed setup covers months of indicator subscriptions. The real question isn't whether MBoxWave is worth the price -- it's whether you'll actually put in the screen time to learn what it's telling you. Big difference between owning a tool and knowing a tool.

-- Fi
"The best indicator is the one you've studied long enough to trust -- and disciplined enough to follow."