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He claims to trade price action and has some pretty comical videos trading on NT market replay where his targets aren't filled but tells everyone they got filled anyway. I am always interested to see what indicators and systems these guys use. I have …
Hi, I have to admit I haven't read through all of the posts on this thread at this point, I discovered it here by accident. This is my first post on this super cool forum. The 100 bucks that I invested here at the beginning were really more than worth it!aumen:
In any case, I can only warn you: These overpriced signals are an absolute scam and do not work.
Why do i know? Because I also fell for the smart videos by John Paul - if his name is really that - and bought the entire course and the associated NT add-ons for several thousand euros and really dealt with it extremely intensively. SHAME on ME - it would have been better to invest this money for a cool holiday or so.
Believe me or let it be: NOT ONE of the DDTW strategies is profitable, it just doesn't work. I back-tested the signals several times, which was quite time-consuming, as the indicators cannot be easily integrated into a NT strategy because the code is not accessible. The fact that the strategies are bullshit can simply be seen from the fact that the stops are often five times the targets.
For example, the targets for the Tradescalper are 4 ticks and the stop is 20 ticks. This looks optically on the chart as if there are so many more winning trades than losing trades that it works. But logically it doesn't. The RR is laughable because the risk is 5 times higher than the potential profit and even higher if you take the fees into account. The decisive factor, however, is that with fast movements with market orders you often don't get the fills that you need and the market often does not come back to the trigger with limit orders. The tradescalper works in such a way that a signal is triggered every 15 minutes if a swing high or low is broken. Trading takes place on the 2-range chart or on the 1-minute chart.
The biggest joke is the draft horse of DDTW, their so-called "ATLAS line". It is marketed as the Holy Grail, so to speak. In truth, it works even worse. I've figured out roughly how it is calculated, but that's a little too complicated to describe here. In short, it is formed from the range that the market has moved in the last 6 hours, if that's still right in my head. But you could just as easily draw an arbitrary diagonal in the chart - it wouldn't work any better or worse.
The ATO2, about which there is quite a stir at DDTW, is also the cheapest rip-off. Anyone can really program it themselves with the simplest means and the Strategy Builder. Here simply the break of the opening range of the first 15 minutes is traded. Not more not less...
The remaining strategies that you buy on the side are also nonsense and so unspectacular that you don't have to mention them here.
The training program, which lasts - I don´t quite remeber - 14 lessons or so, at first view seems to be very competent. They explain to you in great detail how to trade the strategies, so that you get the feeling that it is money well invested. However, what is not explained to you even after asking several times is how the signals came about. They make a big, big secret out of it and even the teacher pretends not to know how exactly they work as they are the secret creation of godlike Tradig genious John Paul ;-)
So to get to the point: "DaytradeToWin" is nothing more than clever marketing for those who are looking for the holy grail willing to spend a lot of money instead of learning to understand how markets move. They sell you shit for money - in other words cheapest indicators that bring a huge bottom line loss, mostly on a daily basis.
In summary I can only say: Folks, please save your money, DDTW is a brazen rip-off! Like most signals that can be bought, by the way...
Are you freaking kidding me? They are claiming the sunglasses in the member avatar "Dragon" are their copyrighted material? I performed a reverse image search, and there are zero matches.
I would like for them to go ahead and provide me all of the legal details regarding their ownership of this image.
In the meantime, it is a crime to submit a knowingly false/fake DMCA and you subject yourself to a reverse lawsuit due to fraud. It is fraud to attempt to remove content you dislike under false pretenses, and unfortunately the DMCA clause is abused like this on occasion by very shady vendors trying to hide negative reviews.
So, you want my advice? AVOID DAY TRADE TO WIN at all costs. I think they even tried to sue us once in the past? I can't recall but it sure sounds pretty familiar.
I'll be filing a counter-DMCA as soon as I have some time to do so.
In my opinion, the scam vendors know when Emmett of tradingschools comes calling, they're going to be caught, so some of them fess up quickly, hoping Emmett will at least put a sentence saying "at least" they confessed to being "educational only". So hey, 'educational only' as a token carrot stick for retail newbies not yet realizing the sordid prevaricating scammy depths of the overall trading "education" scam vendor plague over the past decades:
And, recommended to read the rest of the article. Emmett had at least 20 (out of so many more no doubt over the years as is typical) victimized customers of DTTW contact him about it which motivated his review from his plethora of next trading vendor scams to expose waiting queue "list".