Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I had joined eot back in March of 2008. I was just starting out, it was a struggle. I would check back in every once in a while to see what was new.
Fast forward to now, and Mark H's 'Zero Risk Profile' looks good. I'm no longer a member, but receive emails sometimes.
This Mark H. guy trades 1 contract on the ES and claims to make some serious coin.
He uses the NCEP arrows and also the EOT Plot cycle I think. Looks for it to be below 20 and rising then once it goes above 80 he looks for it to dip to exit. Anyway, there's a video link in their forum I found.
He reports that he's profitable but when I was there most of the members had no idea how he made money on days when the signals were clearly losing. Even the moderater asked what he was doing because following the signals would not give you near the results he was reporting. It was obvious that he uses a great deal of discretion.
I believe Richard left because he wanted to spend more time on his trading instead of developing EOT indicators. Perhaps the money he made from EOT gave him enough freedom to actually trade--instead of market--for a living.
I have enjoyed the recent free access to their trade room and Bil the moderator calls and places trades in front of you and also provides his earnings when asked on daily, wkly mo, yearly etc. The company continues to improve on their indicators and the information on their forums and blogs are very clear. I see them making money. I will give them a try.
Well it put it bluntly, I wouldnt be using their product, even though I am still a subscriber. Their main product, NCEP (blackbox arrows) I think is not worth the time studying. I have spent ample time studying it, and automating it. It is simple not profitable overall. However, some of their other indicators like the End of Trend and the Volume Splitter are invaluable to me.
The methods on this forum are invaluable, and give you an idea on how to trade 'properly', as opposed to 'waiting for an arrow' to plot.
I have give some constructive feedback on EOT and NCEP before and here's a follow up.
I am impressed with NCEP 3. The addition of the bid/ask histogram and the trade speed indicator are solid. Its not the trade speed indicator I seen reproduced here before.