franklinread
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Has anyone tried this software ?
Seems too good to be true, but im thinking of buying it.!!
Cycle Trends.Issy Bacher.
- Thread starter franklinread
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Has anyone tried this software ?
Seems too good to be true, but im thinking of buying it.!!
Slorm
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If it seems to good to be true than it is.
I had some junkmail from this guy a few months back, it's the usual get rich quick scheme as far as I can see. Look at it this way, if I invented a foolproof way of beating the markets I'd be trading it, not wasting my time selling it to you.
Save your money, get a good book on Technical Analysis, some charting software and do it yourself. No one can sell you a magic bullet to make you rich.
He refuses to provide the trading metrics of his software ie. R/R,W/L, expectancy, R distribution etc.etc. All these guys want to sell systems but are unable to back up their words. Another recent one I invetigated were some premade systems being sold by StrataSearch. Same thing. No proof offered. All **** and wind. The only one that I have encountered that does it right by offering all the proof one needs is MTPredictor. Nothing is perfect but go to that site to see how things are done correctly by a seller confidant it their product.
Cycle Trends by Issy Bacher
Could you let me know if you bought this software and if so, what is your opinion of it?
Could you let me know if you bought this software and if so, what is your opinion of it?
Actually, Stratasearch does not have any pre-built systems, nor is its purpose to offer any. It is a tool designed to help people develop their own systems, primarily using brute force searches.
I bought it. My advice to all - don't buy it.
Its uses composite cycles and the thing is that the projection changes as new data comes in. So hindsight, all looks real good but the projection forecast is bad.
Ask Issy Bacher, why doesn't he take a market, trade it using the software and then show live results? At the website, only selected 'good' trades are shown, no trading statistics are shown.
Even Techsignal from Foundation for the Study of Cycles, which it claimed is the origin for the algorithm found in CycleTrends, admitted that composite cycles are not used for their trading. For their Techsignal Elite program, they only use 1 dominant cycle and then use the standard Technical Analysis to make decisions.
BSD
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They never do, they never do.
Which is why they sell, insetad of getting rich trading.
What they promise to lure in gullible newbies are unsubstantiated pipe dreams:
Greed shouldn't kill brain, didn't the takers listen to their mummies that they shouldn't buy anything from snakeoil salespeople.
But if you forget that it takes two to tango this is how you'll end up:
Alastair10
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Seems Agora are now launching this in the UK with the usual 50 beta testers and trial period at a discount but a high price about £2000 plus VAT.
No published track record and looks like something you would have to sit and watch all day, I would be interested to see some real trading records...
These systems just keep coming....
No published track record and looks like something you would have to sit and watch all day, I would be interested to see some real trading records...
These systems just keep coming....
Saw the Agora advert too and decided to do a little research and looked here first - glad I did. The first post here was written in 2007 then...nothing else mentioned about this system until now - some 3 years later. Makes me think that if it was that successful then surely more people would have tried it and posted something?! Without seeing some real evidence of the success of this - it's an expensive 'test' to be a part of.
Alastair10
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Saw the Agora advert too and decided to do a little research and looked here first - glad I did. The first post here was written in 2007 then...nothing else mentioned about this system until now - some 3 years later. Makes me think that if it was that successful then surely more people would have tried it and posted something?! Without seeing some real evidence of the success of this - it's an expensive 'test' to be a part of.
Agreed, seems to be part of a South African group at least that seems to be the case. However it does not seem to be all that new although Agora are now marketing it ib the UK. Also it does not appear to generate signals like Autofocus FX which can be set up to give email and audio alerts.