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RC systems


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RC systems

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  #1 (permalink)
Punjab
 
Experience: None
Platform: Esignal,NinjaTrader
Broker: IB,Esignal
Trading: FTSE
 
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Posts: 42 since Nov 2009
Thanks: 10 given, 8 received

Greetings,

I have heard alot about Ricky Cheung and his RC systems (https://www.rc3200.com/en/rc_seminar.php) ,but never seen even any kind of snapshot of his system.

Can someone throw any light on the matter?

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  #2 (permalink)
Studio City CA
 
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Bespoke View Post
Greetings,

I have heard alot about Ricky Cheung and his RC systems (RC - S&P500 Trading System & Winning Edge Seminar -) ,but never seen even any kind of snapshot of his system.

Can someone throw any light on the matter?

RC Systems (not available to Hong Kong Residents)

Guess that lives me out....

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  #3 (permalink)
United States of America
 
Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009


Your best option is to ask FuturesTruth for a report on his systems.

As far as I know, they are coded in EasyLanguage.

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  #4 (permalink)
India
 
 
Posts: 8 since Dec 2009
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Real trade results of RC systems are available at striker.com and attaincapital.com
They failed miserably. It is more like a scam

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  #5 (permalink)
Studio City CA
 
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That perfectly explains why he wouldn't sell that system to his next door neighbors...they might stop by knocking on his door...

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  #6 (permalink)
Punjab
 
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He charges between $100k to $200k for seminars WOOOOOHAAA!

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  #7 (permalink)
Studio City CA
 
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Bespoke View Post
He charges between $100k to $200k for seminars WOOOOOHAAA!

Count me in!

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  #8 (permalink)
Punjab
 
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Sure thing!

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  #9 (permalink)
India
 
 
Posts: 8 since Dec 2009
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RC systems are based on inter market analysis

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  #10 (permalink)
Taiwan
 
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Posts: 47 since Jun 2010
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I've met a few people who claim to be making money after taking his seminar, but I am very skeptical also...

inter-market analysis ? relative strength to the Dow ?

"When Sliter was asked about his trading strategy, he replied that it was a matter of understanding strength and weakness. Asked to elaborate, he said, I scalp to the short side if we are trading weak to the Dow. I scalp to the long side if were trading strong to the Dow. The authors were a bit incredulous that one of the biggest traders in the S&P pit used such a simple strategy.

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