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Re: Anyone had experience using "The edge Strategy"
I registered on MoneyTec just to reply to this thread. I was doing a search to see how many people are actually making a killing using this and was stunned to see these remarks. Keep in mind I dont want people using the same methods as myself but I definitely felt like something need to be said.
I purchased the edge a month ago and have been trading it very successfully since then. PERIOD.
1. I agree that the ebook is vague. I studied all the charts and comments given on the website though, and learned a lot that way. These charts are only accessable to those who bought the system.
2. I trade the 1 min Russell 2000 emini only.
3. My charts are set up EXACTLY as outlined and I use the same trading platform as she does.
4. I have never talked to Bette on the phone or email. I just do as instructed. When I lose a trade, I go back to the text and the posted charts on the website and see if I did something against what has been said. If it is a mistake, I learn from it and don't make that same mistake again. If it is just a loss then I take it as that and feel good about trading it correctly.
5. My trading experience is minimal. I have taken a course at Pristine (TPM 1) and I traded with 2 experienced Pristine coaches online for 3 months. Although I learned a lot of good charting principles, Pristine's actual plays have nothing to do with The Edge strategy. I have been trading for less than 2 years.
I think the key to the edge is to go with the flow of things and not buck the trend. I stay out of plays that buck the major trends. Maybe this is where my Pristine training comes in in recognizing trends??? If the market is just volitile and whippy, I take all trades. I am very happy with my purchase. I spent thousands of dollars at Pristine and only 300 bucks on this and it paid for itself the first day I actually traded it. Like anything in life it does take practice. I learn something new each and every day because I make a mistake each and every day. Persistance is key. I have yet to perfect the the edge but I am only a month in. It is possible!
With all this said. The Edge is no holy grail. But what is?? Properly applied it works real well. Do any of the people in this thread actually make money using ANY technique? Maybe its not your technique itself but the way in which you apply it. How persistant were you to learn from the losing trades? It could be a lot of other things too ie. FOREX vs. eMinis. But then again she says it works on FOREX too. I dont doubt it.
Good luck.
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