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I like EOT all of them are nice and honest. That said what is the point of spend so much money building NCEP just to constantly override signals? Bill constantly uses discretion. Have you seen they show 70% on a long right into the HOD when its a ranging day? Doesn't make logical sense.
Jthom iam thinking of getting it to trade the ES with seems to work good.just have a question for you what type of stops do you use for the ES.do you use their price chanels or do you have a hard fixed stop you use on all trades.they suggested to use their price chanels indicator if so how big the stop isaproximatly
thank you for your help
I only use low risk signals which are the green ones. I do not use any price channels etc. I only aim for 1 point, with a 1.5 point stop. I know this is small, but remember the NCEP indicator only plots on a 4 Range bar. ES is extremely volatile so I just aim small. I use a second contract to trail. So once 1 point is reached, my stop on my 2nd contract moves to break even. Are you using an ATM Template?
Bills ATM template is extremely risky to use if your account size is small, so be careful there.
Let me know how you go.
I am using an automated strategy, so all my trades are not entered in by myself.
I typically get 2 - 3 trades during US market hours. Still testing at the moment, but will post pics soon.
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Here is Zoe's first rule of purchasing things of this nature. The product has to generate 10X the monthly fee each month to justify the cost. Now that's for something that cranks out order signals without discretion on your part.
If discretion is involved then stay away from anything that is more than $100 a month. Remember, pay for performance, not for a fun place to hang out with an entertaining moderator. Trading costs are high enough without additional bells and whistles that don't increase your bottom line.
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