Panda Trading (www.pandastockpics.com)

October 2nd, 2010, 01:08 AM

Can anybody provide any feedback on their Panda Bamboo Trader (non-automated) & their "Heat" scalper methods? The website is Pick your Day Trading System. Emini Futures or Stock Trading with AAPL and RIMM

Seems to be a relatively easy to follow price action method complemented with some MA's and other indicators.

Thanks!

October 30th, 2010, 04:28 AM

I do not think it is a holy grail. They use usual retraces to moving averages and macd. I think you can make such setup using indicators available on this forum. Their trading room with those fork lines looks more attractive but I am not sure if they tell their setup in full without need to buy anything. It is interesting if they draw all lines manually or have some indicator doing this.

November 1st, 2010, 12:51 PM

I paid $25 for a one week trial to their ATS. Peformance was fair but not good enough to justify the price. My rule of thumb is to not pay more than 10% a month of the generated profits after commission and if there are losing months, then no fee should be paid.

November 1st, 2010, 08:45 PM

I also want to try their Panda Bamboo Trading
Automated Strategy . any more review ?

November 2nd, 2010, 09:14 AM

Chipmunk

I do not think it is a holy grail. They use usual retraces to moving averages and macd. I think you can make such setup using indicators available on this forum. Their trading room with those fork lines looks more attractive but I am not sure if they tell their setup in full without need to buy anything. It is interesting if they draw all lines manually or have some indicator doing this.

The Pitchforks are all manually drawn based on multiple time frames - I was in the room for a trial run and realized that the moderator will only trade his method using Andrews' Pitchfork and the fee to attend the room will allow to learn as well. They have said that they will probably have another trading room for trading the Bamboo and the Heat methods. Anyhow, thanks for your feedback.

Panda Trading (www.pandastockpics.com)

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Panda Trading (www.pandastockpics.com)