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Beginners Forum Think you might want to try trading? Want to ask a question but worried about saying something silly on the main boards? This is the place where you can take the first few steps in safety.

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Old 08-09-07, 01:01 AM
BeenTrader's Avatar BeenTrader BeenTrader is offline
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Great system or fake?

I have found small site, selling great trading system – in the opinion of the owner?! What do you think about it: www.advantage.online.pl? Anyone tried it? Please, help me, if anyone heard anything about this system.
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Old 08-16-07, 07:59 PM
daytripper's Avatar daytripper daytripper is offline
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Re: Great system or fake?

I don't know about that system but if you create your own at least you'll know how it works and what it's true performance is as you'll be the one testing it. Also, most systems work best for a single type of market behavior, in other words a trending up, trending down, or sideways market.

You can make profits in any type of market if you have a plan (system) ready for it and can determine the current market behavior.

Back to trading systems - I've used MetaStock in the past and liked it, you can create you own indicators and if you're good with mathematics try including derivatives (1st and 2nd), as they will tell you the past and present 'speed' and 'acceleration' of the price action for the underlying security as well as being good at showing inflection points.

If you want to check out a pretty cool site to practice trading futures go to http://www.planetitrade.com/ you can practice trading futures on sports events, politics and other stuff.

Keep in mind with any trading system you'll need to exercise good money management and order control (as well as emotional).

Be good - Jim

Last edited by daytripper; 08-18-07 at 04:17 PM.
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Old 09-25-09, 03:03 AM
Lhar_moneytec's Avatar Lhar_moneytec Lhar_moneytec is offline
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Quote:
Originally Posted by BeenTrader View Post
I have found small site, selling great trading system – in the opinion of the owner?! What do you think about it: www.advantage.online.pl? Anyone tried it? Please, help me, if anyone heard anything about this system.

I haven't heard this site yet, but I visited it. Its meta stock professional tradng system. It's better for us to study this first.
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