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Has anyone tried the services of cycletraderpro (DOT)com?
Note: I have zero affiliation with them and have not bought anything.
Watched a few Utube videos on his site.
The complexity of his many idies, o the one chart is staggering. I prefer symplicity, so I'd probably ditch 80% of his indies in the package and use just 2 - 3 indies (if I proceed)
Just wondering:
Has anyone used it and what is your impression?
How is his trading course which comes with the indy pack?
thank you
Can you help answer these questions from other members on NexusFi?
Firstly he`s offering a 14 day trial so give it a go. Personally you probably need the 14 days just to install it let alone understand what the heck he`s on about.
Secondly don't get caught up in all the bling. Seems to dazzle you with BS.
Thirdly if you are still going to purchase why not utilize everything he`s offering, that's what you`re paying for.
Most importantly first learn market structure price action supply and demand (volume) before using any indicators. No indicator is worth what they are selling for, if they were any good they wouldn't be up for sale. In other words save your money.
Hi has anybody tried his indicators and day trade room? Does anybody know if he trades a real money account in the trade room or just paper trading? On Friday he lost about -299K on 560 contracts ES. On Monday he was intraday 156K down on 360 contracts ES, but the trade turned then in a profit about 119K. On Tuesday his profit was about 198 K. On wednsday he was about -320K down 10 minutes before closing bell, but reduced the loss to -53K. He says, he created the trading room not because of monthly fees. Interesting point is, last week monthly fee was $169, now $295. The price for indicators was last week $399, now $495. About 50 indicators. Seems to be a lot of BS. Does anybody know him? He is Walter Bressert' son, who created double smoothed stochastic indicator. Here is his trade room results.
I do not post much on sites. I was on my site and saw a referral from this site which I suppose I am a member of. I have been trading since 1988. There is nothing to prove. The beginner above this quote said I lost 299k. He did not say we were up 2.1mm in 3 months. But he did leave a link to see this. What we do is we create math around trading using Cycles, Indicators and Chart Patterns. They all have to work together to put the odds in your favor. No one can tell where the market will be in 15 minutes, but you can start to build a story for this. We day trade long term charts and enter and exit on short term charts. It is difficult to see the big picture with 1, 3, 5 10 min charts. When you start to look at long term charts, then it become more clear for us.
I see this a lot by the way where others try to bring people doing well down. We have done nothing wrong. The indicators we sell are cheap for all 50 of them. But you cannot just rely on indicators to trade in any market. What our indicators show us is when the market is likely to turn. Then we trade in the direction of long term charts on these turns. Then we apply up to 15 entry and 13 exit models a long the way. I will provide 6 things for our success. 1. Day Trade in the direciton of long term charts, 60, 120, 180, 240, 360, 480, 720 and 1440. 2. ONLY buy Red bars to enter and sell green bars. You need and price entry advantage. 3. Once in, GoFIsh (on the site) to get better fills. 4. Take 1/2 off as soon as you can to create a free trade. 5. Start to exit more and more as the 4 to 9 bar cycle moves up. 6. Hit your goals and stop traing.
I am a cycle trader, I have made my own indicators and have shared some here at Futures.io in the elite section. These on the cycletrader website look really good, I like them. And I think the one year lease is a good deal. Maybe I will sign up. Thanks for sharing.
