I was with EOT for awhile,mostly before NCEP. I agree at $322 a month,its a rip off.
Even after NCEP, their indicators wouldnt even pick up a 8 pt ES trade,I was in there once as a guest.
Not sure how they are doing right now, probably polishing the chrome with Bill's DJ skills.
Cannot agree with you more!!! I had EOT for three months could not make software to work for me. But as I would say it is not tools that are bad it is trader who is using it. I just could not make it work for me.
lol...don't get me wrong it seems to work for some. I remember Gordo(a member here ) was there for awhile maybe he can opini. Most of these trading rooms are just that, and room rate generating machine. ALot of the clients come in not funded enough,bad MM, delusions of grandeurs,bad trading psychology etc etc. Might have good indicators/calls but we have to pull the trigger on our own PC and manage the trade....looks easy...but takes alot of time and effort to be proficient.
Liked Shelley's volume based on larger time frame. They used Murray math(version there of) and cycle( i think myself it was a double stoc or schaff smoothed). Glen,the originator of EOT obviously never divulged,not even the M math lines on TS forums. Cant kill the cash cow!
Last edited by neilzep; January 28th, 2011 at 03:54 PM.
I was in EOTPRO for a year and lost over a thousand dollars by taking the exact same trades as the moderator. Now that I know a lot more about trading, I can see that the trades the moderator took were obviously bad trades in chop with no trend in sight. The neural network puts arrows in places that just make no sense, and a human with a few indicators can do better. Also when I was there they were changing their system every week even though it was suppose to be the best. I now am studying with Shadowtraders and I am very happy. Unlike EOTPRO - they teach you to trade, it works, and they care. When I listen to the Shadowtraders chatroom, I only get insightful information on the markets and not corny jokes delivered by the annoying smartalick voice of a wannabee comedian.
Last edited by jodistrict; August 1st, 2012 at 08:08 PM.
The following user says Thank You to jodistrict for this post:
I have been watching daily and EOT's NCEP with COP seems much better than a year ago, they are focused heavily on exits using Glen's cycle indicator. I do agree though their arrows appear in areas that make no sense, keeps short into heavy uptrend strong opening.
I came back with interest because I don't think I can not handle the emotions of discretionary trading and Bill being automated appealed to me. Over the last month with volume dropping their profitability has dropped off but they are still making money. I do think they are a great group of people, much more honest than the rest. And I miss Richard from when I was a regular member 3 years ago.