Anyone ever buy a REAL trading system???

Quote from austinp:

<i>"I don't know ... "</i>

I don't know either, jj. Have never sold a system in my life... on record here for years saying that mechanical systems aren't scalable to the public.

While you were over in P&L 2008 thread pulling that tidbit, did you happen to tally up my two-week ER2 points tally? Please count it for us and let me know what you come up with.

If you want to go one step further, point us toward your own blotter posts in that P&L thread.

Thanks for the effort :p
Hey wait-a-minute man.

I wasn't the one trumpting your system, he was (are we clear on that?) ... and then he says, "hey guys, could ya, could ya help a little bit here?

Maybe he can fill in the blanks and clear-up the situation.

Hmm, maybe I'll ask him. :D

P.S. Done, he can let us know what his experiences are, or not, as he wants to.
 
<i>"I wasn't the one trumpting your system, he was (are we clear on that?) ... "</i>

No we aren't clear, jimmy. I do not sell systems. Never have. Go ahead and ask anyone whatever you wish... with more posts in here since Jan 08 than I have since April 06, it appears you have plenty of time on your hands for that.

<i><b>http://www.elitetrader.com/vb/showthread.php?s=&postid=1915110#post1915110
All the other tools, Level screens, MP volume studies, etc are merely derivatives of price bar action.</b> They are one step removed. Price bar action alone is what you should focus on first. Everything else branches away from that.</i>

Looks like all of your diligent combing of this website missed that post of mine before you began a similar thread title later on.
 
Quote from MandelbrotSet:

Hey wait-a-minute man.

I wasn't the one trumpting your system, he was (are we clear on that?) ... and then he says, "hey guys, could ya, could ya help a little bit here?

Maybe he can fill in the blanks and clear-up the situation.

Hmm, maybe I'll ask him. :D

P.S. Done, he can let us know what his experiences are, or not, as he wants to.
OK, I got my reply from baggerlord.

I'm satisfied with what he told me ..., the question was asked and answered :)
 
Quote from MandelbrotSet:

Check-in with baggerlord.

He was going around talking about how he had purchased austinp's trading system ... then I just "saw" him over at the PnL Journal looking for handouts. :eek:

I don't know ... :confused:

You guys are crazy I think I should just stop posting on here. I was just asking for these guys that make 5k a day for a two word description of their style, out of curiousity, no more!

As far as Austin, I know he doesn't want to be promoted on here but since you brought him up with me in the post, let me say that his program is amazing. He doesn't teach a mechanical system so I am not sure if it is technically what this thread is talking about.

He teaches a solid framework for analzying the market, and an ever more solid style of entry and position management. Furthermore, he makes live calls every day, and makes money the vast majority of days. When he loses it is peanuts. He makes himself available via the chat room, email, and phone to make sure that we learn everything we need to know to trade like him over a 3 month period.

I had the pleasure of watching him make mincemeat of the FOMC event a few weeks ago trading the ER.

My struggles have been due to my own issues and trying to improve on his style rather than just learn it as it is. I've finally gotten over this stupidity and fully expect to be profitable as soon as I learn to stick to what he teaches.

I consider the 1k that I paid him to be the best investment I've made in my life so far, and expect it to pay off many times in the near future.

There are plenty of traders in the chat room that have learned his method and are also calling live trades on a variety of instruments and timeframes, and making money more days than not.

There, now you know how I really feel. :)
 
Quote from austinp:

<i>"I wasn't the one trumpting your system, he was (are we clear on that?) ... "</i>

No we aren't clear, jimmy. I do not sell systems. Never have. Go ahead and ask anyone whatever you wish...
Seriously, I asked the question and I got my answer, and then some ... :eek:

I have nothing more to say on the subject, except for, well, everyone have a niiiiice trading week. :D
 
Quote from cashmoney69:

Does anyone here trade with a system they bought from another

trader or trading company or have done so in the past?


I know MOST of them are scams, but are there any legit ones on

the market that work? just wondering.

cm69
Nice thread cashmoney69.

I'll have to archive it in triplicate ... LOL :p
 
Quote from Worldcrusher:

There are some systems that are capital intensive. The developers of those systems may need to sell the system to generate capital to trade it because there aren't a lot of options for seed capital if you don't have a pedigree or millions currently under management. A system that generates 30, 40, even 100% annually isn't going to pay the bills if the trading account is only $25k. So maybe there is a C category...

Sincerely,
Daryl

27444937_5c82cc736e.jpg
 
Quote from steve0617:

I'll second the Watts Trading suggestion. The damn thing works. And it's $47. Yea, $47. Indicators and downloadable files are included in that whopping $47 price. Plus there's lots of info from other traders on the private Yahoo message board subscription that comes with your purchase.

Attached is the Watts Trading system today on NQ. Yellow boxes on the bottom two indicators are the triggers. Yellow box on the price action is NQ just before 9:00am CT.

Would you like about 8 points in NQ and pay $47 for it?

I do! :D

BTW - I make nothing off this suggestion. I'm just a happy customer.
Your chart doesn't have enough indicators.

Hey, where'd he go? :confused:
 
I too am very satisfied with the Watts Trading system. Totally worth the $47. Comes with free indicators for specific charts (Tradestation, E Signal etc.). TOTALLY worth it.
 
Quote from MandelbrotSet:

Your chart doesn't have enough indicators.

Hey, where'd he go? :confused:

Sorry. Changed my mind about posting a chart. For $47, I want Ryan Watts to get the bread, not have some ET people potentiality try to steal it. Ryan's a damn good guy - it's worth spending some money to find out about the system on your own.
 
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