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Tradingmarkets
- Thread starter clarodina
- Start date
i'm going to do you a huge favor and give you the super duper secret methodology for FREE. it's all based on the rsi w/ lower settings (2 period instead of traditional 14). here's an example - buy when spx rsi2 is below 10 and short when above 90. wash, rinse, repeat. i just saved you from WASTING thousands of dollars on a system that is out there for free on the interwebs.
Quote from FrankSlaughtery:
i'm going to do you a huge favor and give you the super duper secret methodology for FREE. it's all based on the rsi w/ lower settings (2 period instead of traditional 14). here's an example - buy when spx rsi2 is below 10 and short when above 90. wash, rinse, repeat. i just saved you from WASTING thousands of dollars on a system that is out there for free on the interwebs.
what time frame? any stops?
Here is an old ET thread about the scam they call TradingMarkets
http://www.elitetrader.com/vb/showthread.php?threadid=186058
http://www.elitetrader.com/vb/showthread.php?threadid=186058
To whomever removed my original post believing that I revealed proprietary methods of Trading Markets (200 day SMA, 2 period RSI, 5 period SMA, etc.), please refer to Trading Markets own website to discover all this information is posted free on their blogs. No information I posted is not already disclosed to the public domain from their own website; most from Larry Connors' own blog. See the small sample of links below for free and public references and compare with the table of contents of their book(s) and systems.
It is no secret Trading Markets entire product catalog is based on a few simple concepts; they disclose this on their own website over and over again (i.e. TM 10 Trading Rules ).
Posting public information to help new traders is not an offense. Only trying to help the large number of suckers who pay $5000 of their hard earned money for a course already found in the public domain. If only people learned to read and do some research they could discover the truth about these strategies.
The Improved R2 Strategy: 84% Correct with Just 6 Rules
http://www.tradingmarkets.com/.site/stocks/commentary/editorial/The-Improved-R2-Strategy.cfm
TM 10 Trading Rules
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/
TradingMarkets Rule 1 - Buy New Lows, Not New Highs!
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44478.cfm
TradingMarkets Rule 2 - Buy The Market After It's Dropped; Not After It's Risen
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44479.cfm
TradingMarkets Rule 3 - Buy Stocks Above Their 200-day MA
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44480.cfm
TradingMarkets Rule 4 - Short Stocks Below Their 200-day MA
http://www.tradingmarkets.com/.site...e-4---Short-Stocks-Below-Their-200-day-MA.cfm
TradingMarkets Rule 5 - Use The VIX...It Works
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44482.cfm
TradingMarkets Rule 6 - Reduce Overnight Risk; Buy Indices And Sectors Instead Of Individual Stocks
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44483.cfm
TradingMarkets Rule 7 - Reduce Overnight Risk (More); If You Buy Stocks, Buy Better Established Companies
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44484.cfm
TradingMarkets Rule 8 - Learn how to properly use RSI. It may be the best indicator available to traders
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44485.cfm
TradingMarkets Rule 9 - Avoid being churned; stay out of markets which have low ADX readings
The narrow trading ranges that have held stocks throughout the session continued during the past half hour, preserving the major averages' mixed performance.
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44486.cfm
TradingMarkets Rule 10 - Trade news...but not like everyone else
http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44487.cfm
Dynamic Exits: How to Properly Exit a Trade
http://www.tradingmarkets.com/.site...-Exits-How-to-Properly-Exit-a-Trade-81929.cfm