Well if some descent members here start yelling for months that this system is like 9/10 profitable, and everybody in the room 'takes the trades' why should I as not a newbie trader don't take the trades ?
How lame is that system ? Oh right, I should have first took sim trades and then wine about how bad the system is.
Sim trading on my trading activity is testing a software program, not trading.
But I get it, first you dig up an old post to tell me to go south, and now you're telling me it's my fault.
Then I guess that would explain why you keep blowing your trading accounts...if you can't make money yourself in sim then you can't make money live...no one trades a system exactly the same so just because others are making money does not mean you will ...if trading was as simple as just taking every trade according to a systems set of rules we would all be rich...not picking on you but maybe you should sim trade it and see if it will be profitable for you after a month or two
Why isn't eminisniper stepping up here, and defending their product? They did it before on this thread when someone was trying to reverse engineer their method. Is it not worth defending anymore?
I like those guys, they seem like genuinely nice guys, but did not strike me as seasoned traders. I think the product has potential, they just need to fine tune and adjust it. I think that may take more experience then they have, perhaps.
I think they are just struggling right now with an unproven system, and a new business. Their website is not up to par, the technology they use for their trade room is not up to par, they may just have bitten more then they can chew. They can hire me as a consultant, I'll be glad to help
The following 2 users say Thank You to monpere for this post:
Who said I wasn't profitable ? I trade 3 systems according to market conditions. See my other posts.
So you are saying that trading according the system wasn't supposed to be profitable ? Do u have any idea how this sounds ? Apperently I'm the one with a problem on this system, please tell me what I need to change.
How would you define valid? Is a valid trade as described by what's in their ebook? Or do you use what moderator #1 uses in the room? Or do you use what moderator #2 uses in the room? Or do you use what the little group of "2 a.m. to 4 a.m. EST" group uses? Or do you use the myriad of user-presented ideas that bounce around in the chat room each day? Or, are you using your own private approach like Monpere, that just has some "similarities" to their method? The reason I ask is because the one thing these approaches have in common is that they are ALL different. Or, are you looking at a historical chart and fooling yourself into thinking there were profitable trades because if you used one of the aforementioned approaches, a trade would have worked out? Most important point here, how would you define "valid" when the system developers don't even trade their rules? Maybe in your world, a valid trade is one that pays - I don't know. But if that's your criteria, don't visit the chat room - you'll see one losing trade after another.
You don't know why Metal has blown accounts so why the insult? Trading in sim is a joke unless you're learning a new platform. It's a joke. Can I make that more clear? Trading in sim and trading is like painting and chewing bubble gum - utterly un-related. You trade it in sim for a month or two and waste your time if you want. Then come back here and report the truth. In the meantime, thank goodness there are people who see it and tell it like it is.
The following user says Thank You to timefreedom for this post:
I disagree...If you trade your sim account as if it was real money then i dont believe its a joke...if he would have taken those trades in sim he would have alot more money in his account...i was in no way trying to insult metaltrade but the smart thing to do when u enter a new room is to watch and see how things go first before throwing money at it and if he is making money trading 3 other systems why in the world would you purchase another system?
Last edited by fireman912; January 17th, 2011 at 02:48 PM.
The following user says Thank You to fireman912 for this post: