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Viper Trading Systems Indicator

  #92 (permalink)

Capitol City,NC
Posts: 7 since Jan 2010
Thanks: 1 given, 0 received

Zoethecus View Post
This excerpt from Jane's superb analysis is all you need to know to stay away from Viper's Russell AT unless you enjoy losing money. Allow me to net it out for you.

From 9/09 thu 12/09, AT gained 368 points @$10/point = +$3,680.
900 contracts commission @$4.50 = -$4,050
Viper fee, $299/month x 4 = -$1,196

NET LOSS: $1,566.

Well, Charles, Rich, Gary, and the subscriber's broker made money; and four out of five ain't bad.

If I'm not mistaken, the russell emini is $100/point. But the analysis is based on reloaded charts so it's far from accurate.

When I was a subscriber, I studied the reloaded charts as far back as I could and it looked great, but live charts are very different from sim or reloaded charts.

It is a nice advertisement for the autotrader though.

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