PureTick Live Trading Room - - FREE open house

Pekelo · Jul 3, 2007

jsmooth, thanks for the detailed review. Looks like we here in the ET chatroom did much better...

Stealth Trader · Jul 3, 2007

Quote from Bearbelly:

I dont know if things have changed but when I did the trial a few months ago they were using tick, trin, a/d for market strength which quite of few people use. The only other thing I remember them using otherwise were pivot points and Alex seemed to be trading off those most of the time.

That's actually a viable method if you are referring to swing pivots rather than floor pivots, although A/D and trin can be a bit redundant.

"Most of the time" is the red flag.

Quote from Bearbelly:

I think they could have picked a much better day to have an open house than so close to a holiday.

I chuckled when I read how many in this thread were scratching their head as to the price action yesterday and the response from the "guru" was "today was definitely strange." Well, duh!!! And that type of wisdom comes for a mere $300 a month!!! :eek:

st

Moderate · Jul 3, 2007

yea $300 /month is to much , and max span is pretty bad/risky

insider trading · Jul 3, 2007

Quote from notouch:

When are you finally going to admit that MaxSpan is a failure? It lost almost $7000 last month yet you continue to use it. You're acting like the classical losing trader, clinging on to false hope that your system will be proved right even though it continues to bleed dollars. What's wrong, can't you stand the loss of face in front of all your customers? You just can't admit you're wrong and that will be your undoing.

I wonder if Spectra will comment on this

Bogan7 · Jul 3, 2007

There are better markets to trade that sort of breakout/momentum system than equity indexes.

marketsurfer · Jul 3, 2007

Quote from jsmooth:

well i stopped in the room for a good 3-4 hours - from about 11:30 till the close (CT) - just out of pure curiosity. I've never listened to a broadcast like that, all i listen too is the tradersaudio squawk daily. And it really seemed like the room was just filled with novice traders that were just fighting all day long to squeeze a few ticks out of the market. It didnt seem like it .............

thanks for the great synopsis, smooth.

sounds like a confused mess, with cherry picked trades being hyped in there. quite interesting!

surf

Bogan7 · Jul 3, 2007

"it really seemed like the room was just filled with novice traders that were just fighting all day long to squeeze a few ticks out of the market. It didnt seem like it ............. "

To be honest who did you might have been in there Paul Tudor Jones or maybe Soros? Back to reality please it was a free open house designed for new traders dont you remember being a new trader?

From what I have seen on this site and the amount of bullshitting that goes on I wouldnt be surprized if some of the people dissing the site dont even trade and just like to feel important, secure in their anonymity.

Pekelo · Jul 4, 2007

Quote from Stealth Trader:

I chuckled when I read how many in this thread were scratching their head as to the price action yesterday and the response from the "guru" was "today was definitely strange."

I thought that day's pattern was pretty easy to recognize and I had 3-4 pretty decent predictions in the ET chatroom.

If Puretick's gurus can't recognize a day like this, they should close shop....

version77 · Jul 4, 2007

Quote from insider trading:

I wonder if Spectra will comment on this

This thread will be deleted if PureTick still advertises here at ET.

This thread is bad for business!...:eek:

Surdo · Jul 4, 2007

Quote from version77:

This thread will be deleted if PureTick still advertises here at ET.

This thread is bad for business!...:eek:

It only states the truth about the PI$$ POOR track record of Maxspan.

surdo