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This is a discussion on TrendSignal within the Trading Systems forums, part of the Methods category; The only way to trade the main Trendsignal dailies is if you could turn it into an algo. You have ...

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Old Dec 1, 2017, 10:59pm   #281
Joined May 2016
The only way to trade the main Trendsignal dailies is if you could turn it into an algo. You have to be there at 10pm every trading day to follow the strategy, problems with this are not necessarily the strategy, but:

10pm spreads widen ridiculously, what a stupid time to trade.
Miss a day, miss a whole bunch of trades making strategy impossible to follow long term.
Everything is calculated manually, takes ages to work out (you can get slick at it), but prone to error and missing entry prices (also see first point).
Monthly subscription to Ensign on top of extortionate entry price (justified of course)!

Based on TA, using custom Bollinger bands with some bells and whistles in the software and yet their main indicator can disappear from the charts on occasion - really, what century are we in?
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Old Dec 2, 2017, 6:39pm   #282
Joined Sep 2003
@Signalcalc
couldn't agree more
i think you've pointed out all the flaws in the "system"
can i ask are you a user/ex user ?
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Old Dec 3, 2017, 12:30am   #283
Joined May 2016
I went to Trendsignallers anonymous, came out the other side with brain restored.
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Old Dec 3, 2017, 4:19pm   #284
Joined Sep 2003
Quote:
Originally Posted by Signalcalc View Post
I went to Trendsignallers anonymous, came out the other side with brain restored.
umm, right ok
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Old Jan 3, 2018, 5:12pm   #285
 
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Joined Jan 2006
Joined Trendsignal in November 2015, trades are executed before 10 pm every evening, did maybe two nights per week - wrong, it was Sod's law the nights I traded they were the twenty percent that reversed! You have to be consistent if you want consistent results, I'm not saying you have to do every single trade but if you can do four out of five nights you can do pretty well. Also people forget the markets work in cycles, the last quarter I think has been pretty challenging, so someone who joined in Sep/Oct 2017 could think that the system is not very good. Trading is not a sprint it's a marathon, everyone thinks that in a few months Rodney we'll be millionaires - it's not like that, I did my research before I joined and think that Trendsignal is one of the most genuine trading Company's (as most of the staff don't just sell they trade themselves) if anyone needs any more info just ask away, my feeling is if you don't make money with Trendsignal you'll never make money trading, but it's no get Rick quick scheme, it's the long haul.
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