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First, I don't begrudge any one earning the fruits of their labor, and secondly, I agree a lot of stuff sold isn't as good as what's been shared here. That being said....
On one of the threads a lot of fun was made of Viper. Someone divulged what the Viper line was with the comment there you don't need spend $100 a month on Viper. Well I am into my second month with Viper, and I like it. Their price model is not one based on greed as many are, and no commitment. Aside from the indicators, I've learned a lot from the principals, some about trading, some about Ninja
I didn't realize you could run two data feeds simultaneously on Ninja, and that alone is worth the price of admission.
Thus it doesn't bother me that the guys who have put long hours into their dots want to earn something, but the moral is don't be so quick to say it's not worth spending a buck on someone elses stuff, and then do the same thing. (Note I am not pointing specific fingers, as I don't remember who the posters were, but making a generalization)
Pete
Can you help answer these questions from other members on NexusFi?
I told sharky that if it works as well as it's being led to believe, that I'd pay for it. However, I also want to add that before I tried to have my secrets and pretty much kept to myself. Since I started participating here and telling everyone how I trade and laying everything out on the table, I have learned a lot myself and have gotten better. I get thought-provoking questions and great feedback. And just knowing I'm posting here makes me think twice about putting on a risky trade. I made the volume patterns indicator and gave it away for free and I post setups every day. And I continue getting better due to the discussion & feedback. So for me the more I share the more I get back. It's a pretty common theme and I definitely believe it.
That said, if this system is as good as it appears, it'd be better if everyone in the world wasn't trading it. Cause then it would surely stop working. Think about it, 10 people each trading 20+ contracts, it's going to have an impact on the market. 100 people 50+ contracts.. you get the idea. Also if it works now it may not work in the future, so it's best that people learn to trade based on price & volume and not based on an indicator. An indicator is either a crutch or a time-saver. I think they should fall into the latter and not the former.
At this point we're all just speculating so I think it's best to stop talking about this here and wait for some kind of release. I do agree with an earlier poster that the Sharky Dots indicator deserves its own thread and that this thread should be about trading with the minimum of indicators. I'm glad to see Jeff stop posting dots so that others can follow his trades on their own charts.
ok thanks everyone for your vauable post i have read everything and thought long ans hard and i agree with you guys the dots are gone never to be talked about again nor released please done send me any private messages about the dots i will not respond to any of them...sharky
I deleted my old one and tried this one and it worked fine. I was
wondering if it is like the HeikenAshi indicator. Looking back at a
chart it looks great but trying to trade in real time is hard.
It will place three bars at once instead of one at a time. I will try
it out and see if I like it.
I don't know if he was using stops. I know he was just letting the computer do
all the work while he was off fishing, golfing and enjoying life. Only to come back
and find he was down 40 grand.
