|
PureBytes Links
Trading Reference Links
|
-- [ From: Wayne E. Peterson * EMC.Ver #2.5.3 ] --
I would like to add a note of caution to expectations with CycleTrader.
I have had it for over a year. I went through the demo in detail, I
have tried virtually every combination of the indicators etc. and have
spoken a number of times with the Bressert people.
The program is pretty and interesting and the Bressert people are
friendly. I have not been able to make money with the program. It has
some good calls, but sooo many poor ones. Of course, the discretion is
the traders, not to take the bad trades. I have not taken the seminar.
My caution is do not buy the program expecting to make money soon.
I am a system trader and have had success with systems. From my point
of view, using CT involves a lot of discretion and makes it difficult to
stay disciplined compared to a system.
Wayne Peterson
|