90% Profitable Setup

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i gotta agree with beebers. the thing about a cynic knowing the price of everything, and the value of nothing applies here.

puretick supplies free videos, they PAY to advertise here, and they provide a trial (for $10 for pete's sake) for anybody to test it out.

but according to some of these "master traders" (lol), they are evil incarnate.

it's ridiculous.

the more people do this baseless bashing of puretick, the better puretick looks.
 
Quote from whitster:

i gotta agree with beebers. the thing about a cynic knowing the price of everything, and the value of nothing applies here.

puretick supplies free videos, they PAY to advertise here, and they provide a trial (for $10 for pete's sake) for anybody to test it out.

but according to some of these "master traders" (lol), they are evil incarnate.

it's ridiculous.

the more people do this baseless bashing of puretick, the better puretick looks.
More...

i gotta agree with whistler.

i'm sure this guy would agree with'em too.

Puretick Sucker

Jimmy Jam
 
You want a 90% Profitable System?

Here ya go:
***
Appendix 1. A system giving over 90% profitable trades.
{************************************************* ********
Random System ¹1.
Copyright (c)2001 DT
Parameter values by default: mmstp =1,pflim =4,maxhold =10
************************************************** ********}
Inputs: Bias(.025), {Random entry parameter}
mmstp(100), {Stop loss parameter}
pflim(.1), {Profit target limit}
maxhold(50); {maximum holding period};
Var:Trigger(0),Signal(0),ATR(0),num(1);
trigger =random(1);
if trigger < bias then signal = -1;
if trigger >1 - bias then signal =1;
ATR =XAverage(TrueRange,50);
{ Random Entry}
If signal =1 then Buy("Random_Mkt.LE")num contracts next bar at open;
If signal =1 then Sell("Random_Mkt.SE")num contracts next bar at open;
{ Standartized Exits}
if marketposition >0 then begin
ExitLong ("MM.LX")Next Bar at EntryPrice - mmstp*ATR stop;
ExitLong ("Pt.LX")Next Bar at EntryPrice +pflim*ATR limit;
if barssinceentry >=maxhold then
ExitLong ("Hold.LX")at close;
end;
if marketposition <0 then begin
ExitShort ("MM.SX")Next Bar at EntryPrice +mmstp*ATR stop;
ExitShort ("Pt.SX")Next Bar at EntryPrice - pflim*ATR limit;
if barssinceentry >=maxhold then
ExitShort ("Hold.SX")at close;
end;
***
It's a math game.

JJ

90% Profitable System
 
This thread is not here for you guys to fight belittle each other. I'll have the moderator close it if you have nothing meaningful to add.

On a side night. I've spent the last few months working some additional parameters that almost have doubled the profit on the infamous 90% Max Span. I will be releasing them soon. All you skeptics need not worry about it though. With 3 contracts on the YM you'd of net over $10,000 in profits in the last 5 months using the setup.

Of course I'll be trading the modified system in cash for atleast 3 months before adding it to our official alert system.

CajunSniper / Puretick.com Administrator-Trader
 
Quote from Spectra:

This thread is not here for you guys to fight belittle each other. I'll have the moderator close it if you have nothing meaningful to add.
CajunSniper / Puretick.com Administrator-Trader
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I suggest closing the thread since the MaxSpan is not a 90% profitable setup
in the first place. In fact, take it off ET permanently.

Once in every 10 trades you have a loss that wipes out the last 3 or 4 trades.

So it is not 90% profitable.

It might be a 90% winner, but not a 90% profitable setup.

Maybe you can start over with a new, more truthful titled thread.
 
Yes your right, that would be a more appropriate title. Actually I sent the admin a message about changing the title of this topic various times with no luck.

Main problem with the setup is most newer traders cant stick with the trial. What makes you those huge gains is staying with the trail on trend days. Not just getting all out.

Quote from version77:
It might be a 90% winner, but not a 90% profitable setup.

[/B]
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Quote from Spectra:

Yes your right, that would be a more appropriate title. Actually I sent the admin a message about changing the title of this topic various times with no luck.

Main problem with the setup is most newer traders cant stick with the trial. What makes you those huge gains is staying with the trail on trend days. Not just getting all out.
More...

The main problem with the setup is that you're the only one who trades it, and that's because that's your job as your company frontman.

Everyone else who has been associated with your organization (ans has even remotely known what they were doing) has come on this forum and publicly stated that they don't trade it, because they have something better.

Probably something like Setups that win 60%-80% of the time (some weeks are moste definitely better than others), but have a Risk:Reward that's more like 1:2 or greater in the favor of the Reward side ... now those setups' xx% of profitability goes up over-time, as compared to the setup that you're talking about here which goes down.

Jimmy Jam

P.S. Seeing as how the title was just another flim-flam presentation to begin with shutting down the thread is most definitely a good idea ... I'm not sure why you would mention such a thing to us as if it were a threat.
 
I have enough confidence to trade it. Its like what Linda Radske says. She can give away her million dollar setups and no one will trade them. People need to experience pain and loss and learn to develop their own strategies. We're just there to help them along. We have about 10 people out of the 100 active users who trade it. Thats fine with me.

Caj

P.S. Jimmy--Your famous. Check out some of the chat logs on the site. The users love to talk about your good deeds. http://www.puretick.com/chat_logs

Quote from JimmyJam:
The main problem with the setup is that you're the only one who trades it, and that's because that's your job as your company frontman.
More...
 
Quote from Spectra:

I have enough confidence to trade it. Its like what Linda Radske says. She can give away her million dollar setups and no one will trade them. People need to experience pain and loss and learn to develop their own strategies. We're just there to help them along. We have about 10 people out of the 100 active users who trade it. Thats fine with me.

Caj

P.S. Jimmy--Your famous. Check out some of the chat logs on the site. The users love to talk about your good deeds. http://www.puretick.com/chat_logs
More...

LOL, I wouldn't waste my time with your chat logs.

Once Neet the Machine aka Anekdoten delivered the coup de grâce (to himself and your room) with his scaling out of a non-existent trade (which was pointed out by a room nOOb, BTW) it was a done deal.

As far as those who want to continue with you, well "everybody needs somebody", and it seems like a lot of non-traders need you.

Good work. :D

Jimmy Jam
 
You see the uptrend? ... now THAT'S a 90% Profitable Setup! :)

If you've got a room with 100 guys/girls waiting around to be told what to do in a situation like this, it's pretty sad.

JJ
 

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