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smd-trading.de looks great on paper


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smd-trading.de looks great on paper

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  #1 (permalink)
 tellytub 
london uk
 
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I was looking at this site here

SMD Trading - Futures Trading Systems and Autotrader for Investors and Daytraders

The profits look great, if the profits are for real, what questions should I ask the vendor? If I say is this using real money, Im pretty sure there going to say "Yes".

thanks

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 Chipmunk 
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To me seems that their support/resistance indicator is very similar to Darvas indicator.

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  #4 (permalink)
 sunny135 
Mississauga,Ontario,Canada
 
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has anybody used these smd breakout indicators.

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  #5 (permalink)
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
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From their site disclaimer


Quoting 
The results listed at this website are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated trades do not represent actual trading. Also, since the trades have not actually been executed, the results may have over or under compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

None of the sites selling magic indicators actually has a product worth buying.

Any site that proclaims to have programmatically figured out a 'green light/red light' buy/sell signal is simply being dishonest.

Still - they do offer a trial for $50 - so why not run it & report back. Just don't run it live.

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  #6 (permalink)
Tundi
Fullerton, CA
 
 
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DionysusToast View Post
From their site disclaimer



None of the sites selling magic indicators actually has a product worth buying.

Any site that proclaims to have programmatically figured out a 'green light/red light' buy/sell signal is simply being dishonest.

Still - they do offer a trial for $50 - so why not run it & report back. Just don't run it live.

I took a trial when it was free, and the fact it now isn't free tells me more about the system (and the developers' need for income), most of which I already surmised before running it in SIM.

Suffice it to say, the results posted on the website are purely hypothetical based on NT backtest results. I couldn't get close replicating them historically, let alone in realtime. Please note they are based on Range bars, which are not accurate on NT's backtest engine.

The latest marketing email claims a 2011 YTD profit of $27,129.50 profit. Fantastic by any measure, right? Why, then, are they asking $50 for a trial and a measly $249/month for this ATM?

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 sunny135 
Mississauga,Ontario,Canada
 
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I tried their demo. It is dynamcSR with their own indicator called smd fast.

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  #8 (permalink)
 sunny135 
Mississauga,Ontario,Canada
 
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Hi does anybody have similar to that SMD fast.

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  #9 (permalink)
 ostadler 
Munich, Germany
 
Experience: Intermediate
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Posts: 20 since Mar 2010
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Hello all,

I too was/am very interested in their Breakout autotraders. So yesterday I took the chance and got the trial.
First, I ran into a problem: Their indicators and strategies are already for the new NinjaTrader .3 beta version, and as I own other stuff I had to create a virtual machine (on my Mac), with the newest NinjaTrader on it. Then importing the package was no problem. Support of SMD was very friendly, they also gave me their Skype-ID, so if I run into problems I am welcome to chat with them via Skype: Nice! At least one of the SMD-guys also sit here in Germany, so if I really run into problems, that would help too!

Then today is the first day I run the strategies. There are 4 strategies available: For 6E, EMD, CL and FDAX. I setup four charts with the strategies in their standard settings. Important is that you ready the instructions about settup up the charts carefully, this is mandatory (as I have seen with backtesting). Then in the morning (CET, Germany) I let the strategies loose :-) Again: I use the standard setting, also for trading times, no change is applied, I simply attached them to the charts and turned them active.
I was away for the last 5 hours, but I wished I had run them with my live account :-) :-)
The FDAX-strategy is up $212.50, and the 6E is up $1,025.00.... :-) Nice start for a first day!

So lets see how the EMD and the CL will perform later!

I really have to say that I am VERY impressed, ok, I know, its the first day, but anyway: It looks EXTREMELY promising :-)

I will post the remaining results for today and Fridays results tomorrow then.

Many greetings from Germany,
Oliver

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  #10 (permalink)
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
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Posts: 2,983 since Nov 2010
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It is rather sad that people believe this kind of thing.

The people selling this system don't even trade it themselves.

The fact somebody can run a system for one day and then feel happy about it is also quite sad.

This is what keeps the industry alive though.

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