TradeTheMarkets(Hubert)trading room ?
- Thread starter aspenboy
- Start date
Here is the Squeeze indicator and links to the EL code (within the post).Quote from lilduckling:
their squeeze indicator is mint! Made lots of $$$ using it. Thing is if you trade just off that indicator you will be toast. John and Hubert will say so themselves. Indicator must be used with mkt direction and internals. You must know when to ignore the indicator, and when to jump on a signal. That is the key. Must use VIX TRIN TICK to make it work in your favor. Hubert stated in the chat room that a back test was done on the indicator.... and it lost money. But used in conjunction with the other things...I.E... ability to read mkt internals and direction, and it can be a cash cow. It will give alot of false signals... ex: ... NEVER ever go with the indicator call if the TICK is at an extreme level in the same direction. I Love their indicators.... gives me that extra step and ability to see things others may not. But as i explained in an older post.... never never never trade based on just one indicator or service. Put them all together and be a manager .... asses.
Netted almost 13 ES pts this week...... thanks in part to John and Hubert!
(Sshhhhhhh ..... their indicator is a component of my monster "Frankenindicator"
https://www.tradestation.com/discussions/Topic_Archive.aspx?Topic_ID=25031
Why pay $300 when it was copied from TS world!
Enjoy...
[Edit] I believe you need a valid TSWorld login to view.
i'm mixed on these two.
i've met both in person a few times. overall, they are good guys. i don't agree with many of their concepts, but that's just life.
to a new trader i would endorse them over anyone else.
to high-level investors i would not endorse them. just because i don't like the risk parameters they use per se. but again, that's just a difference in style.
Obviously John is very successful as a trader and as a speaker/writer. Hubert is also very good as an individual trader overall.
still mixed on them though.
i've met both in person a few times. overall, they are good guys. i don't agree with many of their concepts, but that's just life.
to a new trader i would endorse them over anyone else.
to high-level investors i would not endorse them. just because i don't like the risk parameters they use per se. but again, that's just a difference in style.
Obviously John is very successful as a trader and as a speaker/writer. Hubert is also very good as an individual trader overall.
still mixed on them though.