RobotMan

That is the EXACT same thing I said when I first received it! It doesn't make any sense. That is the point I am making. The file I posted is an abbreviated portion of the entire document, but it is word for word and includes the examples. If you would like I could send you the entire pdf file and you can judge for yourself. I have attached the title page and the table of contents as a .jpg if that is any help. Since last winter I have not pursued anything to do with this methodology and the author might have changed it since then. At the time I ordered, the price was $397.

Hi I was just browsing through the forum and noticed this post. I am not a frequent contributor here although I lurk and search for things I am interested in. Often times I find very insightful contributions that help with my trading development. Many times I have read and learned about things that do not work or are just plain naive. I am very appreciative to those that question the veracity of some who post here and would like to offer my view of "DayTradToWin.com". I trade the open. I am constantly seeking to understand the personality (if you will) of the market open so as to be able to trade it with any edge I might gleam. I heard about DaytradeToWin.com, I think, when doing a YouTube search for "order flow" or some such idea. In January - April 2009, I watched a few of his videos, listened to him (John Paul) in an hour long online webinar and went to his website and ordered his "system" along with a trial of the NinjaTrader indicator. I was curious and figured that $400 was not that big of deal to find out. I studied the pdf "system" and tried to make sense of it. It seemed random and arbitrary. Poorly explained at best. However the indicator gave signals that were accurately reflected on his results page of his website. Seeing that I have not signed any non-disclosure, nor am I profiting from posting it and have given proper credit to the author, I have attached a relevant section of the text that explains the methodology. I wish you luck in trying to figure it out and how it relates to his otherwise fine indicator. My conclusions are that, while the posted indicator does what it says it does, in my opinion, it is a dubious "black box" and some of the fills would be almost impossible to obtain as they were at the extreme tick of the entry bar. Therefore, if you are still interested, forgo buying the written system and try the indicator for a trial period and sim trade it to see if it fits you. His results on his webpage are impressive (but aren't they all), however, I have found that I am a momentum trader with my own fully developed method and DayTradeToWin does not remotely fit with my trading style. Like I said before, I am continually curious about how the market moves on the open and paid a $400 tuition fee to audit a class. Even though i am several months late to this party, hope that helps.

Gee Pimind, I don't normally give away stuff I've worked years to develop, but here goes. I hope you appreciate how much effort I put into this. First, you take the code I previously posted, then, take this code that I developed over years of intense study: {******************************************************************* Description : This Function returns TRIX - Triple Exponential Average Provided By : Omega Research, Inc. (c) Copyright 1999 ********************************************************************} Inputs : Price(NumericSeries),Length(NumericSimple); Variables : TripleXAvg(0); If Length <> 0 Then Begin TripleXAvg = XAverage(XAverage(XAverage(Log(Price), Length) , Length) , Length); Trix = (TripleXAvg - TripleXAvg[1]) * 10000; End Else Trix = 0; and use the output of the first as the input to the second. Hope that helps.

Hi guys, I am a regular poster over at the TSSupport (MultiCharts) Forum. I used TS3.5 and TS2Ki for many years and once I started using Multicharts, I dumped TS like a hot potato. Anyway, I get the "TL! Community Newsletter" every once in a while I have received a lot of value from this (Traders Laboratory) forum but never have really posted. I remember watching Soultraders' videos on tape reading and thought "I wonder if I could do that with an indicator?". I have always used "Cumulative = Cumulative + Upticks - DownTicks" as an indicator and still prefer it today over the intra-bar persist method. However, I received issue #4 and clicked on the "Volume splitter" out of curiosity, as I had just posted to a thread that the author of EOTPRO writes in TSSupport forum. I chuckled when I saw that some are struggling with "IntraBarPersist" so I thought I would post a code snippet that will help. All of the ancillary statistical analysis coding has been pared away and so you can just cut and paste this into an indicator in Multicharts and it should work. You might have to change "LastBarOnChart_s" in Tradestation as it might not recognize it. //Bob Fulks 8/07, Bob Perry 09/07, 12/07, 05/09 Inputs: MinLotSize(1), MaxLotSize(9999) ; Var: intrabarpersist LTicks(0); Var: intrabarpersist TSize(0); Var: intrabarpersist UpSum(0); Var: intrabarpersist DnSum(0); Var: intrabarpersist CumSum(0); if LastBarOnChart_s then begin TSize = Ticks - LTicks; If TSize >= MinLotSize and TSize <= MaxLotSize then Begin if Close = CurrentBid then DnSum = DnSum + TSize; if Close = CurrentAsk then UpSum = UpSum + TSize; End; LTicks = Ticks; if BarStatus(1) = 2 then begin CumSum = CumSum + UpSum - DnSum ; Plot1(CumSum, "CumSum"); LTicks = 0; UpSum = 0; DnSum = 0; end; End; Now you will need to take this raw output and use it in some kind of oscillator, like MACD, CCI, TrueStrengthIndex, Ergodic, CMO or my preference: TRIX. Then you can begin to see how predictive or confirmative the method is. Hope that helps, Bob Perry

I just wanted to stop by and thank James for this website. I have lurked and learned so much here from so many of the regular posters. I have tried to trade full time on three other occasions over the past 14 years, each time only managing to break even and eventually having to go back to the 9-5 arena of working for others. I have tried researching and applying every technique I could read about. Man, there is so much absolute CRAP out there! It's just like religion and politics, so many people believe so ardently in false principles and then begin to teach preach and prophesy and establish websites and chat-rooms in the name of their false God. Sometimes there *are* unselfish speakers of truth that try and freely give (ie; "The Rumpled One" for one) and get censored and banned because hypocritical conflicts of interest of others. Yet, there *is* truth out there. And no one man (or vendor) has it all. I have learned "Correct Principles" and now I "Govern myself". After researching and rejecting mumbo jumbo like Gann, Fibonacci (which only works because lots of people believe it works), Elliot Wave, AstroCycles, etc; I have settled on statistical regressive analysis on an intraday time frame using momentum to "scalp". I now have great indicators and analysis techniques, but, actual trading in real time was still missing "something". I was dissatisfied with the risk:reward ratio of many of the trades I was taking in the limited time I have to trade in the morning prior to my 9-5 "job". I have finally made a breakthrough after hearing about VSA from some webinar somewhere and started doing research. That's how I found this site. It was like finding a treasure that I had always believed existed, but thought it was hidden by some complicated magic and secrecy that you always hear about in some vendor's spiel. I bought a few of the recommended books on the TL review list dealing with tape reading and watched the videos by James. Wow. It was like someone turned the lights on in a dim room!! I have so many ideas that I have researched and implemented that WORK! I now know when NOT to take a trade because I can see the underlying up/down volume is not confirming. I only take FAT obvious trades in the limited time I have. I would say that, if I had the cash funds to cover the bills for 6 months (recent divorce settlements really puts a damper on things, eh?), I could trade for a living right now. However, being the prudent man that I have become (this isn't the first time I've tried this), I will probably go full time in the next 6 months as my trading account slowly grows to allow placing a large sum in a savings account. To James (for contributing and controlling this website) and SO MANY OF YOU that unselfishly share yourselves here so often to help others like me. Thank you, Thank you, Thank you! Bob Perry, Los Altos, CA