trendie
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tonym,
how long have you had it, and how long have you been trading the matrix for ?
have you recouped the original cost of MM through your trading ?
do you have access to any private chat-rooms / on-going help / training as a purchaser of MM ?
( and could this aspect, if available, be transferred to the new purchaser ? )
Is being able to solve Delta for the markets a pre-requisite for using MM ?
Is the price negotiable ? ( Tom Hougaard offers 10% discount through his tradertom website, at £1,799 )
thanks
how long have you had it, and how long have you been trading the matrix for ?
have you recouped the original cost of MM through your trading ?
do you have access to any private chat-rooms / on-going help / training as a purchaser of MM ?
( and could this aspect, if available, be transferred to the new purchaser ? )
Is being able to solve Delta for the markets a pre-requisite for using MM ?
Is the price negotiable ? ( Tom Hougaard offers 10% discount through his tradertom website, at £1,799 )
thanks
trendie said:
Trendie....
The Delta people them selfs don't know if their "orders" are right its just standard devation.
For example the old MTD on the SPX had 10 points....then 12 points and some are saying otherwise... so make of that what you will :!:
Delta = Elliott , so in order to "solve" delta.... look to the Elliott rules.
eg:..5 waves up/down on an impulse gives 3 highs in a row before we get a "correction"...... unless theirs an extension or "some" would call it an inversion.
Then its just standard time and price calcs of Elliott to get pressure points based on fib numbers to project into the future like 34 bars or days or weeks ect..ect Joules MM1 gives good examples.... & time always works better with co-influence.
Pay your money and take your chance... as the saying goes :cheesy: ....Some love it , others don't...... its just that simple
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I have had it for 6 months. It is in perfect condition and is very interesting. There is a forum in which there is lots of charts and information from other subscribers. There is no ongoing training but everything you need is on the 3 discs. It is a combination of delta, eliot and fibonacci but once you start doing your charts it all becomes clear. If you are prepared to put the time in it is an excellent tool.
trendie
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thanks for helpful replies.
tonym: I must apologise for asking about "negotiable price". Your price is the price.
Bez: yes, JoulesMM has been quite helpful to me with pointers to recommended reading. Perhaps I need to need to revisit Elliott. But to be honest, EW is a bit of a blind-spot for me.
tonym: I must apologise for asking about "negotiable price". Your price is the price.
Bez: yes, JoulesMM has been quite helpful to me with pointers to recommended reading. Perhaps I need to need to revisit Elliott. But to be honest, EW is a bit of a blind-spot for me.
Bigbusiness
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tonym said:
Is it very popular? I posted this earlier
http://www.trade2win.com/boards/showthread.php?p=224202#post224202
Using EW Fib time and Delta would probably drive me crazy. I don't like subjectivity. Having seen some of the calls from people using the MM, I am not sure they have more of an edge than I do. At least with a break of a previous high/low, I know 100% when it has happened. Having seen some EW experts who have spent years studying EW and spend hours each day working out counts, they still seem to get it wrong too often for my liking.
I agree Bigbusiness in a way, if Elloitt is not clear then bin the counts and use more tradional price patterns ect..ect.
The useful area of elliott is the price targets / depth of corrections & simple 5 & 3 waves.... which give an idea of possible RR targets ect..ect
But at the end of the day, do people really need to chase how to "Know" or "predict" what the market is going to do next?? Its just a form of psychological crutch!!
Traders trade what they see & forecasters predict what they think they see.....as the old saying goes
The useful area of elliott is the price targets / depth of corrections & simple 5 & 3 waves.... which give an idea of possible RR targets ect..ect
But at the end of the day, do people really need to chase how to "Know" or "predict" what the market is going to do next?? Its just a form of psychological crutch!!
Traders trade what they see & forecasters predict what they think they see.....as the old saying goes
trendie
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Just saw one of T2Ws adds for matrix via Frequent Trader. £2999 + £15 shipping !!
http://www.frequenttrader.net/marketmatrix.php
Just to warn potential buyers. Its cheaper here or from Tom Houugard ( tradertom )
( not judging MM. just ensuring you get the better price )
http://www.frequenttrader.net/marketmatrix.php
Just to warn potential buyers. Its cheaper here or from Tom Houugard ( tradertom )
( not judging MM. just ensuring you get the better price )
timsk
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Trendie,trendie said:
I'm with you 100% on that! For me, it's like wading through treakle. My loss, no doubt!
For the sake of clarity, Tom Hougaard's T2W username is 'SUNSEEKER' and his website is:
www.tradertom.com
He does endorse MM but, at the same time, he is careful to point out that it requires a lot of work to use it effectively. In an e-mail to me some time ago now, he wrote: "I certainly would never tell anyone that it was easy and the path to millions. What it does offer is unique, but requires work".
Tim.
Why limit a good thing?
I was offered this programme by Agora Lifestyles PFC magazine (Personal & Finance Confidential) from . It was around the 2k mark too and very enticing but what put me off was when they said it was limited to 100 copies and only 43 were left. I couldn't see a valid reason for limiting it and I felt it was just a sales push. If it is good then they lost out - I always think a good product should sell itself, it shouldn't need the hard sell, people start to smell a rat or get suspicious. They've got another interesting one which is currently advertised on Moneyweek.co.uk "Rob banks legally" using a supposed whistleblower insider signal to trade forex. It's about 2300 pounds but also limited for fear of the establishment finding out. Again, not sure I buy the sales pitch, but that's not to say it is or isn't a good product...
Cheers!
I was offered this programme by Agora Lifestyles PFC magazine (Personal & Finance Confidential) from . It was around the 2k mark too and very enticing but what put me off was when they said it was limited to 100 copies and only 43 were left. I couldn't see a valid reason for limiting it and I felt it was just a sales push. If it is good then they lost out - I always think a good product should sell itself, it shouldn't need the hard sell, people start to smell a rat or get suspicious. They've got another interesting one which is currently advertised on Moneyweek.co.uk "Rob banks legally" using a supposed whistleblower insider signal to trade forex. It's about 2300 pounds but also limited for fear of the establishment finding out. Again, not sure I buy the sales pitch, but that's not to say it is or isn't a good product...
Cheers!
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timsk
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trendie said:
I am not being critical of Steve Copan or The Market Matrix when I say that this interview must rank as one of the worst published by the magazine since its launch! In fact, it wasn't really an interview at all; more like an fishing expedition to try, unsuccessfully, to find out how the Matrix works. Mr. Copan was never likely to reveal that, with good reason. The only really noteworthy part of it (and probably the best ad' for the Matrix) is where the writer states that Steve C' made 15 trades during the duration of the interview in one afternoon, all of which were profitable. If The Matrix really is that good, then the author of this thread should have no problems finding a punter.
Tim.
How similar is this product to the system/book, why market turn. It sounds too good to be true 100% guarantee to predict the next market move successfully. Reading between the line it seems to be a sort of pivot system with bells. But why do they forbid clients to resell or talk about the product on any internet forum.
Do you know of anyone trading this system, how successful is it?
Do you know of anyone trading this system, how successful is it?
alan5616
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Insider Signal
Hi Uparung et al,
As I am a fairly new member, this is my first posting, Therefore, I am catching up on some of the threads that have been posted.
Uparung; don't waste your money on "Insider Signal". I bought it and returned it for a refund, which I did, in fact, receive very promptly. It covers nothing more than basic trading on the forex markets. It's very well presented and explained but, there is nothing new contained in the CDs. If you are seeking an insight into trading, which is unique, then you will be disappointed.
At a cost of around £2,300 (inc VAT), it is very expensive.
Hi Uparung et al,
As I am a fairly new member, this is my first posting, Therefore, I am catching up on some of the threads that have been posted.
Uparung; don't waste your money on "Insider Signal". I bought it and returned it for a refund, which I did, in fact, receive very promptly. It covers nothing more than basic trading on the forex markets. It's very well presented and explained but, there is nothing new contained in the CDs. If you are seeking an insight into trading, which is unique, then you will be disappointed.
At a cost of around £2,300 (inc VAT), it is very expensive.
jamesmilnes
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thatbloke
Hi alan5616. Interested as I was seriously considering trying the Inisder Signal and seeing whether it was any good within the 30 day moneyback period. When you say it doesn't provide anything new, as a complete newcomer to trading I'll be 100% honest and say that all I was interested in were the projected returns - average of £200 a day was what my marketing blurb said. From your experience (and perhaps to save me the wasted postage) does that look like garbage? Did you put any of it into practice and if so how did you go?
Cheers
Hi alan5616. Interested as I was seriously considering trying the Inisder Signal and seeing whether it was any good within the 30 day moneyback period. When you say it doesn't provide anything new, as a complete newcomer to trading I'll be 100% honest and say that all I was interested in were the projected returns - average of £200 a day was what my marketing blurb said. From your experience (and perhaps to save me the wasted postage) does that look like garbage? Did you put any of it into practice and if so how did you go?
Cheers
alan5616
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Hi James,
If you are a beginner, then "Insider Signal" is a good introduction to trading forex. There is a strategy to follow and it, also, goes into setting up a spread betting account. The support is very good and, every evening, Andy posts a video, plus commentary, of that particular day's action.
However, Andy is a very conservative trader, as is his strategy. The videos, for five consecutive days, were accompanied by his comment that he did not take a trade that day!!! That is not exactly conducive to earning £200 per day from trading.
I did not use his strategy as it is too conservative for my type of trading. Incidentally, I have had a fairly long break from trading and am just getting my feet wet, again, now.
I hope this has been of help.
If you are a beginner, then "Insider Signal" is a good introduction to trading forex. There is a strategy to follow and it, also, goes into setting up a spread betting account. The support is very good and, every evening, Andy posts a video, plus commentary, of that particular day's action.
However, Andy is a very conservative trader, as is his strategy. The videos, for five consecutive days, were accompanied by his comment that he did not take a trade that day!!! That is not exactly conducive to earning £200 per day from trading.
I did not use his strategy as it is too conservative for my type of trading. Incidentally, I have had a fairly long break from trading and am just getting my feet wet, again, now.
I hope this has been of help.