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


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Has anyone ever heard of eminisniper.com?

  #261 (permalink)

Elite Member
Springfield,Missouri, USA
 
Futures Experience: Advanced
Platform: NinjaTrader (It's a love/hate relationship)
Favorite Futures: CL, TF, 6E
 
Slipknot511's Avatar
 
Posts: 176 since May 2010
Thanks: 60 given, 312 received

I bought the system out of sheer curiosity.
IMO the exit rules and money management are weak. Like most things presented as "systems", it is really mostly an entry method. Frankly, entries are the least important part of a system, and this one like most, focuses mostly on the entry.

It's incredibly easy to look at a chart in hindsight and pick entries and say, "This one was worth 20 ticks... this one made 40 ticks.. etc." In realtime, knowing when to exit is crucial. In real life, you will often give back those 20 ticks whenever you try to make 40.

I felt this system was very weak on the exit strategy. I never visited the room, so I can't comment. I can say that the customer support is exceptional and the seller seems like a very nice honest guy. But I'm here to make money, not friends.

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