Software, Charts, Signals, Indicators, Etc.

[JPx2 10]

Ladies and Gentlemen,

I've been trading equities, options, and futures for near 20 years now. I've earned enough to raise my family in a nice atmosphere, sent them to college on those earnings, and still earn a few dollars each week for supplementing my retirement when I want.

 

I have purchase almost every software package, 'guaranteed' indicators, charting programs etc., that I could get my hands on to become the "expert" trader.

 

All that insane work and nothing to show for it except a lighter wallet.

 

If you really want to make money, get yourself over to http://www.briefing.com and watch the news.....especially the 'up-coming' earnings and analyst forecasts. The go buy yourself some options 'At-The-Money' and sell them just before the actual earnings report is published.

 

I guarantee you will make money no matter if your a novice or "expert".

 

If the analyst forecast is below expected earnings, buy some 'Puts'.....vice versa from the above statement.

 

I no longer have ANY TA software, charting software, etc...on my computer because it's all BS. Just check your actual earnings against the time you spent on the software and see how much you have really paid yourself..........

[sevensa 10]

Ladies and Gentlemen,

I've been trading equities, options, and futures for near 20 years now. I've earned enough to raise my family in a nice atmosphere, sent them to college on those earnings, and still earn a few dollars each week for supplementing my retirement when I want.

 

I have purchase almost every software package, 'guaranteed' indicators, charting programs etc., that I could get my hands on to become the "expert" trader.

 

All that insane work and nothing to show for it except a lighter wallet.

 

If you really want to make money, get yourself over to http://www.briefing.com and watch the news.....especially the 'up-coming' earnings and analyst forecasts. The go buy yourself some options 'At-The-Money' and sell them just before the actual earnings report is published.

 

I guarantee you will make money no matter if your a novice or "expert".

 

If the analyst forecast is below expected earnings, buy some 'Puts'.....vice versa from the above statement.

 

I no longer have ANY TA software, charting software, etc...on my computer because it's all BS. Just check your actual earnings against the time you spent on the software and see how much you have really paid yourself..........

 

You guarantee it? Does this mean if I try it and don't make money, I can expect that you will reimburse me for the losses?

[JPx2 10]

....ohhhh.... I struck a nerve

 

Have you checked your trading account..........???????? The truth does seem to hurt. But isn't that what all these "experts" are in business for.....to market their product and make a buck? How many of them, I wonder, ever even use their own software? Instead, their funds are in managed accounts. I don't see them here trying to help any of us with research, development, etc.....instead, we have been their guinea pigs.

[sevensa 10]

....ohhhh.... I struck a nerve

 

Have you checked your trading account..........???????? The truth does seem to hurt. But isn't that what all these "experts" are in business for.....to market their product and make a buck? How many of them, I wonder, ever even use their own software? Instead, their funds are in managed accounts. I don't see them here trying to help any of us with research, development, etc.....instead, we have been their guinea pigs.

 

A nerve? Hardly. I just find it amusing that someone with all these years of trading experience fell for buying systems which were clearly rip-offs and post about it just the other day and now guarantee profits if we follow your advice.

 

Auto Forex

 

FAP

 

What does checking my trading account have to do with the guarantee you provide? Either way, I would be happy to try your advice since it is guaranteed by you. Please send a private message with your contact information where I can contact you in case things doesn't work out as guaranteed.

[JPx2 10]

FAPTurbo is my wife's quest...not mine. Although I tried to tell her, she barged in and purchased the software anyway. I do know that with the help of some of my friends on the trading floor, she has learned to turn that package into an advantage.

 

Nevertheless, I should have known better than to post such a thing as I did. I knew there would be disambiguations. Everyone is looking for money in all the wrong places......

 

As far as I'm concerned, it's your money, your life, and your faculty.....

 

Have a great life and a beer on me. :beer:

 

James Posey, (Retired) CFT

Columbus, Indiana

jposeyx2009@yahoo.com

[Tams 20]

Lol ..................................

 

someone needs to take a sales and marketing course

[brownsfan019 17]

Interesting premise JP. I haven't traded options in a very, very long time but I would play earnings quite a bit.

 

If you want to share more & keep the thread going, start a journal or join the p/l thread. One thing that seems to be lacking from many that post here - new or old - is any proof of actually trading. That alone is an incredible verification since so many refuse to do so.

 

While you give an idea to play with, an immediate question that comes to mind is how do you narrow down your plays? For example, if you see 5, 10 or more plays on a day, do you play them all or focus on 1-2? How far out are you looking for your plays - a few days, the next day? What subscription plan on briefing.com can accomplish what you are doing here?

 

Maybe that can get the ball rolling in the right direction.

[JPx2 10]

Actually, when I started trading in this manner, I was simply looking for a way to make my plays first thing in the morning, or late in the evening and never mess with those again.

 

I just happened upon a free copy of his seminar at earningstrader.com. After listing to the seminar, I immediately realized exactly what he was doing...and I tried it on my own and darn if it wasn't exactly what I was looking for.

 

I never bought his service or his seminar as a partial seminar was made available to me.

 

This method of trading fit my needs, my character, and my life style....no more, no less.

 

If there are for instance 5 firms to report earnings on April 22, 2009, I simply do an analyst review of recommendations of buy/hold/sell. I choose the one with the highest buy or sell, make the trade, and set an automatic transaction to get out of the trade no closer than 10 days before the actual release of earnings.....if you wait too long, the options will go haywire.

 

It's a quick and easy way to make a buck. If you just want a 25% return, the set your exit as such and move on.

 

I would like to see someone actually papertrade this method on TL...the proof is in the pudding so to speak.

Very Best Regards,

JPx2

[Tams 20]

Actually, when I started trading in this manner, I was simply looking for a way to make my plays first thing in the morning, or late in the evening and never mess with those again.

 

I just happened upon a free copy of his seminar at earningstrader.com. After listing to the seminar, I immediately realized exactly what he was doing...and I tried it on my own and darn if it wasn't exactly what I was looking for.

 

I never bought his service or his seminar as a partial seminar was made available to me.

 

This method of trading fit my needs, my character, and my life style....no more, no less.

 

If there are for instance 5 firms to report earnings on April 22, 2009, I simply do an analyst review of recommendations of buy/hold/sell. I choose the one with the highest buy or sell, make the trade, and set an automatic transaction to get out of the trade no closer than 10 days before the actual release of earnings.....if you wait too long, the options will go haywire.

 

It's a quick and easy way to make a buck. If you just want a 25% return, the set your exit as such and move on.

 

I would like to see someone actually papertrade this method on TL...the proof is in the pudding so to speak.

Very Best Regards,

JPx2

 

 

 

That's pretty standard textbook bait and switch technique. LOL

I knew it's coming since post#1.

 

ROTFLMAO

[JPx2 10]

What ???

 

Too many critics and experts on this site...no more posts from me! Some people wouldn't recognize sincere help if it bit their nose off.... :thumbs down:

[brownsfan019 17]

JP - so what I still don't understand is WHEN you look to enter the trade. You said you get out before the earnings are released, which is easy enough to know, but when do you start hunting for your candidates?

 

For example, today is April 7th. If one were to follow your plan tonight after they are done trading, home from work, etc. what are good candidates for trades to be placed Wed, April 8th?

 

I'm just not following how far out in advance to be looking. If you can show some trade examples for Wed, then we can see easily what earnings date(s) to be looking at in comparison to today's date.

[JPx2 10]

I always look one month ahead.

I'll see if I can relocate that short seminar and pass it on.

One of my latest trades was AT&T (T: NYSE) I bought the Apr 26 Call.

It took a shot down today but analyst are reported earnings as expected.

I'll be out of it next week.

[Swyper 10]

"No PROBLEM MAN",SWYPER here from Jamaica,

JPX2 i know you mean well,remember other people have their own opinion about things, do not let it BUG you.

I trade FOREX any tip for a newbie:cool:

[JPx2 10]

My wife is NOW making some money with that FAPTurbo system.

She's running it on Metatrader-4 through Forex.com

 

...I still hate it.....but it's her money so who am I to say.....Forex is just too high in their spreads for me.

[bakrob99 11]

...I no longer have ANY TA software, charting software, etc...on my computer because it's all BS. Just check your actual earnings against the time you spent on the software and see how much you have really paid yourself..........

 

Why oh why, just because you have been unable to put together a winning strategy with the discipline to trade it, do you then leap to the conclusion that no one can? Please explain that bit of (il)logic to me.

[brownsfan019 17]

I always look one month ahead.

I'll see if I can relocate that short seminar and pass it on.

One of my latest trades was AT&T (T: NYSE) I bought the Apr 26 Call.

It took a shot down today but analyst are reported earnings as expected.

I'll be out of it next week.

 

Got it - one month out, find the highest buy/sell recommendations via briefing.com and then buy the at the money put or call. Easy enough to follow, would be interesting to watch someone trade it in real-time.

 

What do you think about using yahoo's free service and using the EPS estimates? Would it vary much from briefing's service?

 

In case anyone is interested, I haven't traded options in a long time but find it refreshing to see a discussion on options since most here trade futures.

[JPx2 10]

There are several out there: even MSN. com has news and earnings estimates on their site.

[JPx2 10]

I also monitor the Positve and Negative Pre-Announcement on http://www.RTTnews.com

 

It too is free just for signing up.

JPx2

[JPx2 10]

I'm pulling the trigger on the following Positive news:

 

Stock: Aerospostale (ARO)

 

BUYING FIVE (5) May 30.00 AROEF.X 2.35 CALLS

SELLING FIVE (5) May 35.00 AROEG.X 0.40 CALLS

 

Total purchase RISK is: 1.95 or $975.00

 

I'm setting my exit trigger to close this spread at 25% profit. If it goes into a very good trend, then I will sell two and hold the others for a better profit.

Remember Money Management.....

JPx2

[Anton 10]

That has been really helpful and an insight into the way of doing options. Thanks for your input on this JPx2,

 

What happened next with the two lots of five you did,

 

BUYING FIVE (5) May 30.00 AROEF.X 2.35 CALLS

SELLING FIVE (5) May 35.00 AROEG.X 0.40 CALLS

 

since it is now mid May?

[Anton 10]

As I understand it, the key to using FAPTurbo effectively is down to the way the configuring is done. Your wife needs to input some key parameters, which are not published with the software. There is a handbook which contains these that has been produced, if you are interested, and they may make some noticable differences, certainly she can test them or back test them first, and then compare the results with the parameters she is using now. Let me know if you want and I can give you the details. You can contact me here - anton at perso.be (changed the format to stop spammers so just reset it without the spaces and use the at symbol).

 

 

 

My wife is NOW making some money with that FAPTurbo system.

She's running it on Metatrader-4 through Forex.com

 

...I still hate it.....but it's her money so who am I to say.....Forex is just too high in their spreads for me.

[JPx2 10]

Anton,

 

She seemed to make money with the FapTurbo system only during certain hours of the day. (Using the EUR/USD pair).

 

It became such a joke she ask for a refund through 'Click-Bank' and got it. Now she trades using a manual system she got from a site called 'Forex Nirvana'. It's a free download called "Drain The Bank" and she is making good money.

 

My congrates go to those guys who spend their time and resources to build systems that actually work......and don't charge for it. However, my wife did donate to the guy as it was well worth it.

JPx2

[JPx2 10]

Anton,

 

I sold that about 24 hours after I bought them......only made 5% on them but some bad news popped up after I purchased them.

JPx2

[BlowFish 10]

Anton,

 

 

It became such a joke she ask for a refund through 'Click-Bank' and got it.

 

JPx2

 

Good for her! (Though i though it had a 60 day money back guarantee anyway?). There is something distinctly fishy about Fap you just have to look at all the 'independent' reviews. What is remarkable is if you search for 'FapTurbo scam' you find that there are a whole bunch of sites that are promoting it as the only system that is not a scam! There are even 'independent review' sites set up solely to promote it.

 

Those guys must spend an enormous amount of time on underhand promotion.

[JPx2 10]

Actually, Click-Bank has a good record it seems in refunding. They did inquire to my wife's issues with the program before refunding. I'm impressed.

 

You know, I've been looking at all those Forex systems websites and for some reason, they all look the same and have, for the most part, the same verbage and website design.........hummmmmmmmmmmm