Has anyone ever heard of eminisniper.com? | Trading Reviews and Vendors

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Has anyone ever heard of eminisniper.com?

  #257 (permalink)

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monpere View Post
I'll say one thing, it does not do well when auto traded. It will have a good day or so with around a 50% win rate, which makes it profitable using 1:2 reward/risk, but the next 3 or 4 days it will have either like 10% win rate, or it will take no trades at all. I think the method needs a very specific type of market to do well. I know for sure it does not do well in very strong trends. It seems not to do well it tight ranges either. So, I think what's left is large range days, or weak trends with deep pullbacks. This may be why the youtube videos made it look like they were doing well before November, and the system just tanked in December. Now, if the authors come up with a way to identify the current market mood, and only use it then in that specific market environment, maybe it might be pretty good over all.

What it needs in order to do well is gullible traders who will buy the system, then subscribe to the room, then lease the indicators, and literally spend months before figuring out exactly what we have explained right here in this thread. The mods are super nice guys. Buyer Beware.

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