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Has anyone ever heard of eminisniper.com?
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Has anyone ever heard of eminisniper.com?

  #221 (permalink)
Elite Member
Honolulu, Hawaii
 
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bluemele's Avatar
 
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MetalTrade View Post
I took 100% EXACT trades as described and took them TOGETHER with the masters of the room, they all end up being losers except 1 I took on my own.

What's there to learn ?

That no system is perfect?

That for 99.00 and no real intense effort this is what you get?

That you can have several good months and then lose all that and more later?

That being a vendor is more profitable then being a beginning or intermediate trader?

That what is good for one person will not work at all for you because they interpret it differently?

etc...

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  #222 (permalink)
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fireman912 View Post
The difference is you don't lose real money when you are trying to learn a new system



I agree. I disagree that SIM means nothing. Putting arrows and placements on the chart is important. No fills and other issues will rarely move a system to unprofitable in my opinion if it is well traded and others are getting filled that you can confirm.

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  #223 (permalink)
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Live trading update


After 10 live trading days, I am up 244 pips. I had 1 losing day of 21 pips.

I can't say that I follow the system strictly, but I have assimilated the rules into a system that is profitable for me. I am finding that having two profit targets is best. The first target to reduce the risk and the second to ride the trend.

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  #224 (permalink)
Elite Member
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They probably took it from here:

Advanced strategy#12 (Heikin-Ashi-two-Bar-Strategy) | Forex Strategies & Systems Revealed

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  #225 (permalink)
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bobbyacim View Post
Bought the system a month ago, the reverse engineerer...

I bought this system too, but I don't trade it. Good or bad, it is for each person to decide. Although there is nothing new or radical about the concept, the authors have probably put in a lot of work and effort in formulating and packaging their implementation of the method, and attempting to build a business on that concept.

I actually have no problem with someone trying to reverse engineer their method from watching the youtube videos, because the authors made the charts available on that public medium. But, for someone to buy the system, and then revealing the actual official method and parameters publicly on this, a public forum, is not fair to the authors, and does not seem right to me. I think what is presented in your post can be considered a violation of their intellectual property.

There has been plenty of debate on this system, but everyone so far, whether for or against it, has never revealed the details of the system. I think your post should be edited or removed by the forum administrator.


Last edited by monpere; January 20th, 2011 at 07:57 PM.
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  #226 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
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I asked my money back today, since every time I go into that room and trade with them I LOOSE MONEY.

They refused.

I wasn't expecting it but they could refund me for the months I already payed and didn't used yet. Oh well, I was getting to excited by all those raving reviews about how good this system was by some BM members. Mea culpa!

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  #227 (permalink)
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MetalTrade View Post
I asked my money back today, since every time I go into that room and trade with them I LOOSE MONEY.

They refused.

I wasn't expecting it but they could refund me for the months I already payed and didn't used yet. Oh well, I was getting to excited by all those raving reviews about how good this system was by some BM members. Mea culpa!

Metaltrade,

I highly suggest you spend more time on the psychology of trading and improving your mental self. Please don't take that as negativity, but you COULD CHOOSE NOT TO trade cash. I know where you are at mentally and emotionally and in my opinion you have a long way to go before you would be trading cash.

Save your money or you will surely be left by the roadside. We don't want to see that.


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  #228 (permalink)
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bluemele View Post
Metaltrade,

I highly suggest you spend more time on the psychology of trading and improving your mental self. Please don't take that as negativity, but you COULD CHOOSE NOT TO trade cash. I know where you are at mentally and emotionally and in my opinion you have a long way to go before you would be trading cash.

Save your money or you will surely be left by the roadside. We don't want to see that.


I am not sure how you made the jump from someone, buying a product and not being happy with it, to him being or not being ready to trade psychologically. I don't see the thread that connects those two thoughts together. If a person feels they did not get the value promised in a product, it is absolutely their right to ask for their money back.

If you read some of Metaltrade's other posts elsewhere on this forum, he is profitable trading 3 other systems based on marked conditions. I think he just feels cheated with this particular product. I bought this system too, but I was skeptical about it before I bought it, so it doesn't bother me as much. But I fully understand if people are not happy with that purchase.

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  #229 (permalink)
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Sure John, remember that you will have more losing days than winning days with this system.

There are customers from this trading room who made an automated strategy who takes the trades 100% according to the book, and they proved the system is not profitable.

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  #230 (permalink)
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Sorry, that is not true, I have done the same without success. They even agreed to me that it were perfect conservative trade but losers.

The system is not good. You could learn from it but there are profitable systems here on BM that are free and working. This is a commercial system that will loose your money, sure you will have a winning day once in a while, but at the end you will lose.

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