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Traders' opinion about PageTrader ES trading services (www.pagetrader.com)


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Traders' opinion about PageTrader ES trading services (www.pagetrader.com)

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  #21 (permalink)
 GreatDane 
Tampa, FL
 
Experience: Advanced
Platform: NT, SC
 
Posts: 54 since Jun 2010
Thanks: 37 given, 34 received

Thanks, ES. So you took the course? I'd be suspicious, too - have been - but then I see his broker statements and... I don't know how he can be so profitable unless he's basing it on something else. We all who've been around awhile are rightfully suspicious - doubtful - of a simple indicator that is the grail. And your point about +/- a bar has always concerned me, too. But, he seems to be able to trade it?!

Just confirming, you did take the course?

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  #22 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
 
Posts: 430 since Oct 2009
Thanks: 267 given, 769 received

People around the internet have said Reflected Wave is a PSAR indicator and he 'fades' it - works in non-trending smaller-move conditions.

However, the +1/-1 bar is a long-time scam of vendors and also, other timeframes always take precedent (higher).

David is just a smooth talker - even in his premium monthly subscriptions along w/his trading room guy you can't document his reco's 100% objectively 'cause he goes over so many markets and conveniently has all kinds of ways to qualify his entry or non-entry.

A million ways to distract and then take 100% credit for every single move.

I documented him for 2 months in fall of '17 without paying him one single shekel for every single service he offered at his website (except paying for his Vegas seminars).

The Squares Principle Seminar is probably a variation on another theme he is now constantly advertising for.

David Williams works very hard and rarely takes time off - it's just I don't believe he can teach others how to analyze the market for profits.

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  #23 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
 
Posts: 430 since Oct 2009
Thanks: 267 given, 769 received


I was paid for my time to properly documented David Williams services last fall by a wealthy investor.

I put in over 60 hours per week for 2 months and documented every single facet of his subscriptions.

After about 1 month one begins to see everything that he is doing and all the ways it is not objective, nor can you follow what he is doing without much subjectivity (oh - and alot of his swingtrades don't have hard stops) - nice, huh?

I could go on and on but please save your shekels on this one everyone.

peace...

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  #24 (permalink)
 GreatDane 
Tampa, FL
 
Experience: Advanced
Platform: NT, SC
 
Posts: 54 since Jun 2010
Thanks: 37 given, 34 received

Thanks for the feedback! Particularly the point about the lack of stops. Obviously, you've had a thorough look at it, so I should simply accept that and move along. I previously also read another who noted that it was a PSAR, but the PSAR isn't based on a future time factor, which I believe is what Reflected Wave does, so that didn't make sense. And his new one, Square Principle, is a price based one with targets (not where to get in), so that seems to be different (Measured Moves?)

Those testimonials for the intraday calls throw me, too; curious if there were those when you were trialing and documenting all of the trades?

But again, there are other ways to trade, and I don't know why I still wonder about this. What with the caveats of the one bar either way, and whichever timeframe called a trade successfully, that he shows, were other trades that would have caused one to either lose or to not take the trade, but we don't see?

At one point I did a trial to the room, and intraday it was a mess. No clear signals given, and very disorganized. Maybe it's gotten better; again, he shows testimonials from current customers indicating that they were successful...

Anyway, thanks again for the feedback Hedvig, and I still would be curious of ES actually took the course. But regardless, I guess it doesn't matter since he wasn't satisfied. Though I did contact someone who took the Reflected Wave course and a couple years later he said he did still use it. Neverthless, time to move on.

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