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Trading Reviews and Vendors


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Viper AT

  #39 (permalink)

Palm City, Fl
 
Trading Experience: Beginner
Platform: Ninja
Broker/Data: NinjaTrader Brokerage
Favorite Futures: Futures
 
Posts: 23 since Mar 2010
Thanks: 5 given, 5 received

A Debt of Gratitude

Thank you Zoe for you fine review of Viper Trading Systems. I too was a subscriber to their Viper and then autotrading software. Although I did well in the initial two months after release of TF it soon fell apart in Dec and has been downhill ever since. The other products are crap also. Thankfully I was in sim on everything except TF in the beginning.

What angers me the most was no guidance as to when these ATer's should be used, other then big news days. Do we look at pre-market, last 5, 10 or 30 days, etc. Paying $299 + $99 should garner more guidance then just don't trade on certain days. I can do better playing craps.

Their latest products, Scalper and AutoassistCrap, are doomed also. Take a close look at the spreadsheet they sent out for Scalper and you will find the risk/reward ratio is very poor.

The initial Viper System I find somewhat useful. For me. it makes sense visually and can be downloaded for free at MyPivots.com (another great site!). I am playing with other indicators and will report back if there is anything worthwhile.

Attached Files
Register to download File Type: xlsx ScalperGuidanceSheet(1).xlsx (13.5 KB, 53 views)
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