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Master Forecaster course (www.masterforecastercourse.com)
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Master Forecaster course (www.masterforecastercourse.com)

  #1 (permalink)
Elite Member
Augusta, GA
 
Futures Experience: Advanced
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Posts: 91 since Feb 2011
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Master Forecaster course (www.masterforecastercourse.com)

Has anyone had any experience with the hyped up masterforecaster course by David Williams, Reflective Wave. www.masterforecaster.com. He claims by focusing on time instead of price you can forecast within 1 time unit key reversal points in the markets. Does the Vegas circuit with his methodology and charges 7k for the course. He also runs the pagetrader service. j

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  #2 (permalink)
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  #3 (permalink)
Site Administrator
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Your URL is wrong, I believe the correct one is

Reflected Wave - Master Forecaster Course

Mike

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  #4 (permalink)
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Iam sorry you are correct. Are you familiar with it at all Mike?

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  #5 (permalink)
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booker777 View Post
Iam sorry you are correct. Are you familiar with it at all Mike?

No, and I would recommend:

https://futures.io/vendors-product-reviews/12929-what-programs-have-you-bought-confess.html

https://futures.io/vendors-product-reviews/11700-have-you-heard-about-xyz.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #6 (permalink)
Elite Member
Augusta, GA
 
Futures Experience: Advanced
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Posts: 91 since Feb 2011
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Reflective Wave

Sorry for the duplicate thread on it Mike. to be honest i forgot i started it. I am in no way affiliated with the vendor but attended his seminar yesterday and was just curious if anyone had any first hand knowledge or feedback on it. tks

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  #7 (permalink)
Elite Member
Chicago, Illinois
 
Futures Experience: Beginner
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Posts: 120 since Apr 2012
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Checked out the website.

Looks too flashy, too slick, and of course, I absolutely hate when vendors talk about how this is a "secret" indicator that they have only just now decided to release to the public.

For those you of reading, this particular website is a great example of some things to look for to determine if something is suspicious.
Of course, it goes without saying, if something is too good to be true......

1. Basic, simple, one page website with 90% of the content constituting a very hard sales pitch.
2. No "About Us" section on the site.
3. No explanations on their setup
4. No examples of recent trading (for example, all their charts are from 4 or 5 years ago)
5. Use of the word "secret" or "secretive"

For me, number 5 is my favorite.....as soon as its mentioned.....I'm done.

Like anything else, there will always be one or two or ten fools that sign up anyway, looking for that "Perfect Indicator"

Booker, you'd be better off browsing the free stuff for Elite Member, trust me......take it from someone who has attended every vendor webinar presentation under the sun!!!

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.

Last edited by SpyderTrader; June 11th, 2012 at 01:22 AM.
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  #8 (permalink)
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booker777 View Post
Has anyone had any experience with the hyped up masterforecaster course by David Williams, Reflective Wave. www.masterforecaster.com. He claims by focusing on time instead of price you can forecast within 1 time unit key reversal points in the markets. Does the Vegas circuit with his methodology and charges 7k for the course. He also runs the pagetrader service. j

STAY AWAY, TOP SALES PITCH. JUST TRADES LARGE TIME FRAMES TO SMALLER, CAN NOT WORK ON ANY TIME FRAME (ALONE).
WASTED MONEY.

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  #9 (permalink)
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estrade View Post
STAY AWAY, TOP SALES PITCH. JUST TRADES LARGE TIME FRAMES TO SMALLER, CAN NOT WORK ON ANY TIME FRAME (ALONE).
WASTED MONEY.

Are you saying you wasted your money? Or it's a waste of money? In other words, have you actually taken it?
It indeed sounds as though it's hyperbole - along with some gray areas of every call being give-or-take 1 bar, which on a monthly basis could be a 3-month range - but I don't see people talking it down who've taken it, so...

Have you taken it? Thanks.

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  #10 (permalink)
Elite Member
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Platform: NT
Favorite Futures: ES, TF
 
Posts: 25 since Jun 2010
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JackJ View Post
Are you saying you wasted your money? Or it's a waste of money? In other words, have you actually taken it?
It indeed sounds as though it's hyperbole - along with some gray areas of every call being give-or-take 1 bar, which on a monthly basis could be a 3-month range - but I don't see people talking it down who've taken it, so...

Have you taken it? Thanks.

Yes, it's a bunch of crap. The bottom line is why he can't open a live room and show trades off the turns? Why would Page trader be any different?

It's the big sales pitch (false) and just stay away. + or - one bar and the larger bars are important,, and then you go to smaller... (after the fact) that it works, if not you have to go to the larger bar.

Not as advertised at all. You will be very disappointed and embarrassed at the seminar when you have to agree to your life not to tell anyone the common indicator that he uses.

It's worth about 10 bucks to know, just so you know that you don't need to ever use it or know about it.

Where are the raving testimonials, shouldn't a majority of his clients be millionaires by now?

I lost my money here! Stay away from David Williams sales tactics.

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