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how is eotpro's ncep working
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how is eotpro's ncep working

  #31 (permalink)
Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
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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)
Trading Apprentice
Folsom, CA
 
Futures Experience: Beginner
Platform: e-futures
Broker/Data: TransAct
Favorite Futures: ES
 
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)
Elite Member
Washington, DC
 
Futures Experience: Intermediate
Platform: Ninja and TOS
Broker/Data: Ninja
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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)
Trading Apprentice
Folsom, CA
 
Futures Experience: Beginner
Platform: e-futures
Broker/Data: TransAct
Favorite Futures: ES
 
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)
Membership Revoked
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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)
Elite Member
redding, CA
 
Futures Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
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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)
Elite Member
SoFla
 
Futures Experience: Intermediate
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Broker/Data: Amp Futures/CQG
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EOTPRO indicators

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)
Elite Member
Los Angeles, CA
 
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EOT pro

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)
Elite Member
Sydney / Australia
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: AMP
Favorite Futures: Oil
 
Posts: 116 since Jun 2009
Thanks: 125 given, 103 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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The following 3 users say Thank You to jthom for this post:
 
  #40 (permalink)
Elite Member
Denver, Colorado
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
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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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