Murray Ruggiero Pattern Trader on sale for a limited time

[Gino_V]

See, people can't follow rules, the first time there is a drawdown most customers would stop trading it. If I sell 100 of them at 799 each that $79,900, my bet is no more than 20 people will trade it religiously so it will have not effect on trade system in terms of slippage, so if someone offer you 80K for without risk and no effect on what you want to do , why would you not sell it , you would have to be stupid not to. Also on a basket system 20K drawdown is remarkably low. The portfolio includes a big Natural gas and Crude. You really can't trade the full basket with less than 70K, you can trade individual patterns for as little as 20-25.

Back in 2003, I had an account with Lind-Waldock, they recommended your daytrading program for me to trade. So I traded your signals for ES and NQ with their system trading department. The round-turn commission was a whopping $50. The DD was so much I had to stop. Is the program you are selling now an improvement, Mr. Ruggiero?

 

[Gotcha]

So much of what is posted on ET is bullshit. The only thing I respect and pay attention to is a list of trades. Initially it doesn't even have to be posted in real time, but obviously, if the claims are outrageous, then real time calls would be necessary. But initially, I just want to see where you get in, where your initial stop is, where you initial profit target is, how you adjust these during the trade, or even don't adjust them at all, and of course the distribution of wins and losses. When you can plot several dozen trades on a chart, it becomes apparent if the trading is real or not. There is no need to evaluate a system, there is no need to learn a method, there is no need to listen to anyone's wise advise, until you can see how the trades stack up.

 

[southall]

The DD was so much I had to stop.

This.

Anyone thinking about buying any trading system, from any vendor, not just from the OP: The buyer will always abandon it on the first major drawdown.
And real world drawdowns will always be much worse than what the hypothetical testing suggests. Commission + Slippage, mistakes and changing market conditions will ensure that.

No one ever made money in the long run from these systems. Instead you are likely to lose $1000s. You are already down $800 from just buying this garbage in the first place.

Has there ever been a single person on ET who has ever posted how they made $100K, or even $10K from trading a system they bought from a Vendor?

I don't ever remember seeing even a single post and i have been reading ET and Trade2win for 13 years.