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feed back on daytradetowin products

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  #1 (permalink)
 rromero 
freeport, ny
 
Experience: Intermediate
Platform: ninja trader
Broker: zen-fire
Trading: es
 
Posts: 1 since Apr 2010
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need feed back on DAY TRADE TO WIN PRODUCTS

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Can you help answer these questions
from other members on futures io?
NT8 - Footprint Chart adding on code
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  #3 (permalink)
 sinisa 
Melbourne, Australia
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IG Markets
Trading: EUR?USD,AU/USD
 
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Posts: 38 since Apr 2011
Thanks: 10 given, 42 received


I have been trading for a little while FOREX SPOT and looking just at the results that they are posting, i would personally stay away from their solution. The reason for that is that their loosing trades are higher than their winning trades. There quite a few 18 pip losses in forex results and lot's of wins under 10. This means that method whatever it is requires extreamlly high accuracy to keep you a float.

So in short i did not used their products but judging from result sheet they will hit a cycle when their system will be cleaned by market.

Regs

Markets are logical and
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  #4 (permalink)
 jrs659 
paige tx
 
Experience: Beginner
Platform: ninja
Broker: used to be PFG
Trading: futures
 
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Posts: 53 since Sep 2010
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rromero View Post
need feed back on DAY TRADE TO WIN PRODUCTS

I got on with JP's stuff about 7 months ago(was just getting started),,,,and I do not want to be negitive,,,but it is not worth the money,a few good points,,,for a lots of money,,please look for FREE or almost free TRIALS,,you will learn alot more and save tons of money
I know i am late but maybe it will help someone in the future
I give JP a D- on method,a D+ on instructional material,,and a A+ on salesmen,, hope this helps someone,,,,,JRS
There is so much you can learn for FREE,,,here ,and on the the web''

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  #5 (permalink)
 Leafcutter 
Munich, Germany
 
Experience: Advanced
Platform: Ninjatrader 8
Broker: IB, NT Brokerage
Trading: Futures, Stocks
 
Posts: 4 since Apr 2021
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Hi, I have to admit I haven't read through all of the posts on this thread at this point, I discovered it here by accident. This is my first post on this super cool forum. The 100 bucks that I invested here at the beginning were really more than worth it!aumen:

In any case, I can only warn you: These overpriced signals are an absolute scam and do not work.

Why do i know? Because I also fell for the smart videos by John Paul - if his name is really that - and bought the entire course and the associated NT add-ons for several thousand euros and really dealt with it extremely intensively. SHAME on ME - it would have been better to invest this money for a cool holiday or so.

Believe me or let it be: NOT ONE of the DDTW strategies is profitable, it just doesn't work. I back-tested the signals several times, which was quite time-consuming, as the indicators cannot be easily integrated into a NT strategy because the code is not accessible. The fact that the strategies are bullshit can simply be seen from the fact that the stops are often five times the targets.

For example, the targets for the Tradescalper are 4 ticks and the stop is 20 ticks. This looks optically on the chart as if there are so many more winning trades than losing trades that it works. But logically it doesn't. The RR is laughable because the risk is 5 times higher than the potential profit and even higher if you take the fees into account. The decisive factor, however, is that with fast movements with market orders you often don't get the fills that you need and the market often does not come back to the trigger with limit orders. The tradescalper works in such a way that a signal is triggered every 15 minutes if a swing high or low is broken. Trading takes place on the 2-range chart or on the 1-minute chart.

The biggest joke is the draft horse of DDTW, their so-called "ATLAS line". It is marketed as the Holy Grail, so to speak. In truth, it works even worse. I've figured out roughly how it is calculated, but that's a little too complicated to describe here. In short, it is formed from the range that the market has moved in the last 6 hours, if that's still right in my head. But you could just as easily draw an arbitrary diagonal in the chart - it wouldn't work any better or worse.

The ATO2, about which there is quite a stir at DDTW, is also the cheapest rip-off. Anyone can really program it themselves with the simplest means and the Strategy Builder. Here simply the break of the opening range of the first 15 minutes is traded. Not more not less...

The remaining strategies that you buy on the side are also nonsense and so unspectacular that you don't have to mention them here.

The training program, which lasts - I donīt quite remeber - 14 lessons or so, at first view seems to be very competent. They explain to you in great detail how to trade the strategies, so that you get the feeling that it is money well invested. However, what is not explained to you even after asking several times is how the signals came about. They make a big, big secret out of it and even the teacher pretends not to know how exactly they work as they are the secret creation of godlike Tradig genious John Paul ;-)

So to get to the point: "DaytradeToWin" is nothing more than clever marketing for those who are looking for the holy grail willing to spend a lot of money instead of learning to understand how markets move. They sell you shit for money - in other words cheapest indicators that bring a huge bottom line loss, mostly on a daily basis.

In summary I can only say: Folks, please save your money, DDTW is a brazen rip-off! Like most signals that can be bought, by the way...

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