Boomerang indicator system at | Trading Reviews and Vendors - futures trading strategies, market news, trading charts and platforms

Trading Reviews and Vendors

Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons


Boomerang indicator system at

  #154 (permalink)

Dallas, TX
Trading Experience: Intermediate
Platform: NinjaTrader, IB
Favorite Futures: GC, CL, ZS
Posts: 13 since May 2013
Thanks: 5 given, 41 received

Mohan Update

Greek tragedy style? Well, that's exactly what it is! Talk about hubris.

Here's a guy touting an 80% accurate system, who "promises" to get 75% returns per month.

Instead, he loses 100% in 6 weeks.

Don't you think people would want to know about that, to not get sucked into this morass?

Hey, I lost $4000 or so of real money, between the shitty Boomerang trades (80% accurate), and the
subscription fees.

Thank god I stopped it before he went on the drunken bender, losing $8000-10,000 in 11 trading days.

You're certainly welcome to praise his trading room, or his autotrading accounts (which, by the way, have apparently been suspended until he gets his act together), but everything I've written has been the ABSOLUTE
truth, based on Mohan's end of day wrapups, and observations of his trading style in real time.

Hey, I wish he was successful. I would love to see him make 20 points a day. But he's obviously incapable of that.
Instead, he makes 9-11 points 2 days a week, and then loses 26-29 points the other 2 days of the week.

Is that what you expect of a "professional trader"? Especially using a "system" that is supposed to have 80% accuracy? I think not.

I think this guy has never traded live before February 2014.

The emperor has no clothes.

Reply With Quote
The following user says Thank You to prisoner6 for this post: