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how is eotpro's ncep working


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how is eotpro's ncep working

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


sam028 View Post
[offtopic]
Few years ago I went in a trading room, their results looks pretty good, many happy customers, etc.
That was free, a 1 week demo account, why not test it.
So I what in the chatroom, looking at the calls made, comparing to what I'll made myself, reading other people comments on the call, etc.
That was during lunch time, all was quiet, when customer "A" starts to chat with customer "B", about the last trade taken by "B", etc. After some times, "B" wrote he was in the chatroom for 1 year, every days, and was not (already) profitable...
Then, I left the room, and never came back.
[/offtopic]

It's good to be the owner of a chatroom, but not a customer.

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  #32 (permalink)
Folsom, CA
 
 
Posts: 6 since Jan 2010
Thanks: 0 given, 1 received

I had joined eot back in March of 2008. I was just starting out, it was a struggle. I would check back in every once in a while to see what was new.

Fast forward to now, and Mark H's 'Zero Risk Profile' looks good. I'm no longer a member, but receive emails sometimes.

This Mark H. guy trades 1 contract on the ES and claims to make some serious coin.

He uses the NCEP arrows and also the EOT Plot cycle I think. Looks for it to be below 20 and rising then once it goes above 80 he looks for it to dip to exit. Anyway, there's a video link in their forum I found.

No idea if he's profitable.

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  #33 (permalink)
Washington, DC
 
Experience: Intermediate
Platform: Ninja and TOS
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Trading: CL, ES
 
Posts: 93 since Dec 2009
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TheCEO View Post
I had joined eot back in March of 2008. I was just starting out, it was a struggle. I would check back in every once in a while to see what was new.

Fast forward to now, and Mark H's 'Zero Risk Profile' looks good. I'm no longer a member, but receive emails sometimes.

This Mark H. guy trades 1 contract on the ES and claims to make some serious coin.

He uses the NCEP arrows and also the EOT Plot cycle I think. Looks for it to be below 20 and rising then once it goes above 80 he looks for it to dip to exit. Anyway, there's a video link in their forum I found.

No idea if he's profitable.

He reports that he's profitable but when I was there most of the members had no idea how he made money on days when the signals were clearly losing. Even the moderater asked what he was doing because following the signals would not give you near the results he was reporting. It was obvious that he uses a great deal of discretion.

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  #34 (permalink)
Folsom, CA
 
 
Posts: 6 since Jan 2010
Thanks: 0 given, 1 received

Another thing that intrigued me was why would Richard leave eotpro if they're making money hand over fist?

Did he feel bad for being part of eot? Did andyone ever really make any money in the chat room?

If may have been discussed on here before, but why did he leave?

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


TheCEO View Post
Another thing that intrigued me was why would Richard leave eotpro if they're making money hand over fist?

Did he feel bad for being part of eot? Did andyone ever really make any money in the chat room?

If may have been discussed on here before, but why did he leave?

I believe Richard left because he wanted to spend more time on his trading instead of developing EOT indicators. Perhaps the money he made from EOT gave him enough freedom to actually trade--instead of market--for a living.

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  #36 (permalink)
redding, CA
 
Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
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Posts: 66 since May 2010
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here is the link to the guy trading eot over at forexfactory:
Eme's Futures Journal - Page 2 @ Forex Factory

interested to still hear of peoples use of eot

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  #37 (permalink)
SoFla
 
Experience: Intermediate
Platform: NT
Broker: Amp Futures/CQG
Trading: e-mini equities
 
lynmark1's Avatar
 
Posts: 17 since Jun 2009
Thanks: 13 given, 5 received

I have enjoyed the recent free access to their trade room and Bil the moderator calls and places trades in front of you and also provides his earnings when asked on daily, wkly mo, yearly etc. The company continues to improve on their indicators and the information on their forums and blogs are very clear. I see them making money. I will give them a try.

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  #38 (permalink)
Los Angeles, CA
 
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Platform: Xtrader, NT & MarketDelta
Trading: ES, Estox, Bunds & 10 Y US + 6J & 6E
 
mattguin's Avatar
 
Posts: 129 since Nov 2010
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Hi all,

Has anyone looked into EOTPro's indicators, is it worth the time to have a look at them or waste of time?

Cheers

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  #39 (permalink)
Sydney / Australia
 
Experience: Intermediate
Platform: NT
Broker: AMP
Trading: Oil
 
Posts: 118 since Jun 2009
Thanks: 128 given, 105 received

Well it put it bluntly, I wouldnt be using their product, even though I am still a subscriber. Their main product, NCEP (blackbox arrows) I think is not worth the time studying. I have spent ample time studying it, and automating it. It is simple not profitable overall. However, some of their other indicators like the End of Trend and the Volume Splitter are invaluable to me.

The methods on this forum are invaluable, and give you an idea on how to trade 'properly', as opposed to 'waiting for an arrow' to plot.

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  #40 (permalink)
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
Thanks: 157 given, 75 received


I have give some constructive feedback on EOT and NCEP before and here's a follow up.

I am impressed with NCEP 3. The addition of the bid/ask histogram and the trade speed indicator are solid. Its not the trade speed indicator I seen reproduced here before.

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