next big thing

November 10th, 2012, 08:46 PM

Ill start by sayingI also posted this on the TL site.
I was contacted by a friend who wanted my advice about a vendor soliciting his $ for an indicator service. I did a small amount of research and found that they are connected to the "Traders Edge Network" and there is a master mind mathmatician who figured out how to read what the new trading computers of the "Big Guys" are dooing whos name if Jeff Augden. I personally have been trading indicator free for several years so I can not give an objective opinion. below are the links please look at it and give your opinions.
https://www.swingtheaxe.com/final-trading-session-replay
Live Trading Session with Jeff Augen and Karson Keith
https://www.swingtheaxe.com/additiona...ic_Paterns.pdf

enjoy and plaese respond not enough vendors are held accountable.

November 10th, 2012, 11:01 PM

sounds like Alarm Bells

November 11th, 2012, 03:44 AM

ckait

Ill start by sayingI also posted this on the TL site.
I was contacted by a friend who wanted my advice about a vendor soliciting his $ for an indicator service. I did a small amount of research and found that they are connected to the "Traders Edge Network" and there is a master mind mathmatician who figured out how to read what the new trading computers of the "Big Guys" are dooing whos name if Jeff Augden. I personally have been trading indicator free for several years so I can not give an objective opinion. below are the links please look at it and give your opinions.
https://www.swingtheaxe.com/final-trading-session-replay
Live Trading Session with Jeff Augen and Karson Keith
https://www.swingtheaxe.com/additiona...ic_Paterns.pdf

enjoy and plaese respond not enough vendors are held accountable.

In 25 years of trading I can count on one hand the number of vendors that have offered anything but a worthless 'service'. Generally the vendors are long term trading failures who have no other means of generating income but to come up with gimmicks that separate newer traders from their hard earned trading accounts. Some think because they were on the trading floor 20 years ago (and show pictures on the floor in their dated ties) trading with pen and paper they are qualified to offer trading services/training in the modern day trading environment.

The only money I've ever spent on trading education is the $50 for membership to this website which represents excellent value. All of the material to challenge your thinking and consistently improve your trading is right here at your fingertips. There is no need to look anywhere else.

This is a gold mine, the nuggets are there but must be mined....

November 16th, 2012, 12:58 PM

Hi ckait,

I came across Jeff and his team in October (via Norman Hallett). Did some digging and their name popped up every 6 months or so on forums and the information about them was sparse (which immediately raised suspicions). The reported performance figures of their phase indicator strategy got me interested but after weeks and weeks of pulling teeth and ducking sales pitches they eventually give me a straight answer and the strategy code they proudly displayed in the webinar did not come with membership. As for the rest of their services offered (webinars and alerts etc), I wouldn't touch em.

Here’s the screengrab from the webinar:

And

Best advice I can give your friend, pay $50 to join nexusfi.com (formerly BMT), ask questions and find your own method.

@djkiwi - Stumbled across this looking for your scalping/swing analysis spreadsheet you mentioned here

Who makes more money. Scalpers or Point Traders

Ok dont want to over complicate this question, assume trader is profitable and manages Risk to Reward etc, we all know a scalper is usually 1to1 or 2to1, guys trading bigger time frames are 1to3 or 1to4. Only referring to day traders not holding for days, …

- could you post it up at some point pls?

Thanks

next big thing

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next big thing