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Drew,
I don't know about Natures Pulse but I have had Cycle Trader for Super Charts
for a few years now.
It is a good program because it is not a system but a method.
It takes effort to fully understand the concepts behind the method to fully
utilize it's capabilities.
I have found that it is great for identifying good entry/exit points, but
weak in filtering what markets to trade. Other programs such as Advanced Get
do a much better job in that respect.
It is easy to overtrade a market using cycle trader if you do not properly
set up the right screening methods to determine when to take action on a
signal. Some of these screening methods are contained within the program,
others I have developed through personal effort.
If you are new at trading, cycletrader can, over time, help make you an above
average trader, because it is not a black box system. It will force you to
develop a disciplined systematic approach, and from that perspective, the
initial cost is a small price to pay. .
I have also attached a recent posting from another realtrader on the subject.
Good trading
:)
Terry
<HTML><PRE>Subj: Re: CYCLE TRADER 4.0
Date: 97-08-22 11:59:04 EDT
From: nathanjs@xxxxxxxxxxxxxx (Nathan Schneider)
Sender: owner-realtraders@xxxxxxxxxxxxxx
Reply-to: nathanjs@xxxxxxxxxxxxxx
To: realtraders@xxxxxxxxxxxxxx (RealTraders Discussion Group)
bagreg wrote:
>
> I,m deciding between buying Nature's Pulse and Walter Bressert's Cycle
> Trader 4.0 software. Any comments from users of either one or both of
> these programs will be gratefully accepted.
>
> I have no doubt that the maturity of this forum's participants will
> ensure an unbiased view.
>
> Many Thanks.
>
> Adrian
I do not think this is a fair question. They both are top notch
programs. I depends on how you trade. CycleTrader is tool box of some
very inovative tools. I have not looked a Natures Pulse in awhile but I
know it is a different way of looking at the markets. Which is best?
Get their demos and try them out.
Nathan
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