With all the hype about this, I was curious. What experience do you have with the products/indicators? At what point in your trading career did you make the purchase, and are you still using the products?
I would like to add, I am not in need of any indicators, but more curious about what else we can discover about the products, good and bad.
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I'm being sarcastic. I have nothing to report other than the At the open method I purchased. The ebook for the method was 50 pages long or so , and could have fit on 2 pages. The stop was large compared to the profit targets, so that did not sit well with me. I'd rather not give details to the stop size etc at risk of being sued.
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I downloaded the first 4 chapters of the ebook which were offered for free. Those 4 chapters were all fluff. Mostly filler that would be on any traders website. If I remember right, very large margins, double spacing, etc....lots of pages, little content.
I've figured out how to spot the potential scams. Things that cost just enough to scare you a bit but not enough you can't afford it. Like $595 and a monthly fee. Affordable but still pricey. My experience is that the good stuff is either free or really expensive.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
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The Day Trade To Win and Trade Losers websites have an identical CFTC 4.41 discloser paragraph. Nothing out of the ordinary there, that same discloser is found word for word on many sites. But the other 2 disclaimer paragraphs that follow are identical with the exception site and or url names. I haven't been able to find those exact paragraphs on any other site. Also, the 3rd paragraph has a grammar error in the first sentence reading, " ...... for educational purposed only." Shouldn't that be "......for educational purposes only?" Interesting, yes?? I am curious to know if anyone else has seen the other 2 paragraphs anywhere? Maybe I have checked enough websites? Are the other 2 paragraph standards too like the CFTC paragraph or were they created and copied and pasted by perhaps the same individual or just a coincidence?
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I've used the Atlas Line for most of the year. I find it intriguing as price often bounces off it. I have been curious as to how it is programmed and sorry I missed the removed post. I don't trade based on his guide as there are too many false signals. Overall I believe it has helped my trading as a confirmation for price action taught by Al Brooks. ATO requires too big of s/l to be profitable per his trading guidelines even when using a 10min. chart taking a conservative signal. He also sells a scalping method which is breakeven at best. The Trading Loosers forum is curious. I don't see any other posts besides the one ripping this forum. I'm sure JP makes good money selling his indicators. He always brushes off questions about the Atlas Line saying it is a proprietary indicator and I'm sure he'd like to keep it that way. With just 8 months of experience with it I'm able to make a fairly close guess to where it will start and its direction before it begins to plot, so it is not a surprise to me that someone more sophisticated than I could re-create the script. While JP undoubtedly wants to protect is profit center I'm sure he is aware he has no chance in defending it from duplication. If anyone has a copy of the removed duplication please PM me. He has already made his money from me. I just want to test my theories of its composition.
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Intriguing yes , magical - no . Ive been tracking down all the youtube and recorded info by jonpaul the past few days and the Aline method isnt anything more than a logical concept based on closing prices and dicipline . Pull up youtube and Aline and study whats going on there . A CLOSE below a bullish pinbar is pretty bearish and a CLOSE above a bearish pinbar is pretty bullish . Put a " line " above a bearish bar or a line below a bullish bar and keep your $1800 in your pocket . JP is a scalper and his demonstrations show him ( or her , dont like to discriminate ) clipping a few ticks at a time - typical " educator " fodder .
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