Recent content by traderon

So no one has had lots of experience with ES and ACD? I read the book once, does seem very 'logical', but slippage seems high at times. Maybe I haven't absorbed the system yet, but the breakout values he talks about often seem to reverse quite substantially in volatile markets, so unless you're...

exactly. And to those who mentioned his 'after-hours' results, yea, he would often claim a trade was filled after the market just touched his limit order but of course, the market will not generally fill you on the bid. Bottom line is, anybody can post robust after market results; but how's...

I had a similar experience as those complaining about high risk vs. reward. True, you are supposed to move stops up as the trade progresses. However, unless the market is widely ranging or trending, you're basically only snagging a few ticks here and there; an average of 3 or 4 trades a day...

I agree with the above comments. In the course, I found a typical risk/reward scenario as follows: 1-1.25 point profit target/2.25 point stop. Now do the math. The course promises a 75% win ratio---which is far more easier said than done. But let's assume you can achieve that ratio all...

It doesn't work. I lost tons paper trading it. TR

if $900 bucks is about 100 times too much, why would anyone want to pay $179.00?? (LOL). I do know a few traders who tried to ask questions and see actual income statements, but the vendor blew them off. Oh, what a surprise. Can't the Commodity Futures Traders Association investigate or...

One thing you've got to be careful about when reading the "trade results" of many of the vendors out there; many of them will give you examples of trades "that failed" to show they're stand up guys, but they'll always bias the 'failed' trade in their favor by saying something like "if you got...

hi MiniDowTrader, Email and all: I haven't really looked at the 9 contract claim, but common sense tells me that trading 9 contracts via a system that could potentially lose 4 or 5 points on one trade could be potentially devastating. Let's assume you take a 4 point loss; 9x200 on the ES...

That's about right based on what I've been told, though it wasn't 3 ticks but a minimum of half a point before a signal is given. I looked really hard at this type of one hour breakout system; for what it's worth, here's what I have found: There is no definitive market bias based on...

<This guy does an opening range breakout using a 3 minute opening range. He waits for the first three minute bar on ER2 to complete then goes with whichever way it breaks from there. He seems to do pretty well with it> There are so many variations on that theme (Fisher's AC up, down, etc...

sorry - I'm a little late to this party, but I'm getting the impression that the ORB discussion was more about mechanical entries and then backtesting the results? No mention made of using a one hour break out strategy? As per my own ongoing trading/testing, I demaracte the high and low of...

There's nothing complicated or sophisticated about entering a position on a pullback to a moving average. Traders have been doing that since the beginning of time. Todd Mitchell uses Keltner bands; Jean Yu uses 20 period moving averages; BlackJack Trader uses opening range and moving average...

thanks for the reply. It was fair enough. But let me see if I'm understanding this. In 2003 when 'Trading E-Minis for A Living' was released, Don was primarily advocating an MA crossover system, but now 4 years later, with the release of his newest and biggest version, he's a "pullback...

Sir, if you read my words carefully as per my earlier remarks and not taken liberties to skewer my intent, you would plainly see that I am not "badmouthing" anyone. In fact, I stated that I thought Mr. Miller was a decent fellow and tried hard to put together a good course. I have heard good...

well spoken. If only it were that easy!