Jump to content

How to trade the Dow using Reflex Trader?


Guest JohnWoottonUK

Recommended Posts

Guest JohnWoottonUK

Hello

Does anyone use Reflex Trader, (Eoin Treacy) which uses the USA pensions dates to predict rise in the Dow? I looked at it but didn’t have sufficient detail to make a decision. Thanks in advance...

John

Link to comment
Guest PandaFace

When you say that are you referring to individuals being paid out from their pensions and all the mom and pop people bidding, or you talking about institutional dates for large bids on particular stocks? 

Link to comment
Guest JohnWoottonUK

When the pensions contributions of Americans are used to buy stocks on the Dow. I am new to this.  Thank you for replying.

Link to comment

Hi @JohnWoottonUK & @PandaFace,  Don't know too much about him or this Dow strategy. He does get a hat tip from Bill Bonner who I have followed for years. I was wondering where you found the strategy John and if you have done his 4 day course in the first link below?

Panda, Eoin Treacy's book Crowd Money could be a contender for your tread on books (2nd link).

http://www.tradingtriggers.co.uk/

http://systemsfortraders.com/forums/topic/crowd-money-review-eoin-treacy/

Link to comment
Guest PandaFace

I feel that in theory this makes sense but I’m not entirely convinced that this always happens at the same time, and therefore could be difficult to spot. Also, I think there’s a post on Community about institutional investing and how to gauge it to see when to get involved. A very easy to follow set of criteria. 

Link to comment
Guest JohnWoottonUK

Reflex trader says the next trade should begin on 26th July so it will be interesting to follow that. Last one was on 12th July and that panned our successfully. 

Link to comment
Guest JohnWoottonUK

Yes, I wanted to keep an eye on it as it’s an interesting idea. But I think I was right not to buy in to Reflex Trader just yet. Thanks to you all for your thoughts.

Link to comment
  • 1 month later...
Guest John Threadgold

I asked a lot of questions re the how well the strategy worked, the year on year results ( there were two years it failed ) and the number of consecutive losses they are had ( it was 4 trades ) and capital management etc. I was surprised that they  answered all my questions in detail. I have bought into it for a one year subscription. I am happy to let you know how it goes, for good or ill. 

Link to comment
Guest JohnWoottonUK
On 8/25/2018 at 12:53 PM, Guest John Threadgold said:

I asked a lot of questions re the how well the strategy worked, the year on year results ( there were two years it failed ) and the number of consecutive losses they are had ( it was 4 trades ) and capital management etc. I was surprised that they  answered all my questions in detail. I have bought into it for a one year subscription. I am happy to let you know how it goes, for good or ill. 

Link to comment
Guest JohnWoottonUK

Thanks John. The guy I spoke to wouldn’t give me any detail so well done to you for that. Updates would be good as my concern was the amount of capital I could possibly lose before I accumulated enough not to worry about losses. Cheers; John Wootton.

Link to comment
On 7/22/2018 at 9:13 AM, Caseynotes said:

Hi @JohnWoottonUK & @PandaFace,  Don't know too much about him or this Dow strategy. He does get a hat tip from Bill Bonner who I have followed for years. I was wondering where you found the strategy John and if you have done his 4 day course in the first link below?

Panda, Eoin Treacy's book Crowd Money could be a contender for your tread on books (2nd link).

http://www.tradingtriggers.co.uk/

http://systemsfortraders.com/forums/topic/crowd-money-review-eoin-treacy/

Thanks, I should update too, I mentioned above the free 4 day course which I did signed up for out of interest. Of course there were regular plugs for the subscription service but on the whole it was interesting. It is only 4 half hour lectures where he sets out his general strategy which is quite simple and sound with no tricks and does at least give a few ideas so it was worth the time. Screening for setups was a major factor and this is where the subscription service would do a lot of the 'leg work'.

(trading triggers link above)

Link to comment
  • 1 month later...
Guest Jack Harper
On 25/08/2018 at 12:53, Guest John Threadgold said:

I asked a lot of questions re the how well the strategy worked, the year on year results ( there were two years it failed ) and the number of consecutive losses they are had ( it was 4 trades ) and capital management etc. I was surprised that they  answered all my questions in detail. I have bought into it for a one year subscription. I am happy to let you know how it goes, for good or ill. 

Hi there John, I have come across this strategy since your post and wanted to know how the subscription is going? Have the trades been working or is it a bit overhyped?

Link to comment
  • 3 weeks later...
Guest Moonshiner

Anybody had any more experience of this? Am tempted to sign up. Though some of the examples seem to show a risk/reward of 1:1 which as a newb reading things like the Van Tharpe Book on Trading doesn’t seem a like great ‘system’ going by his criteria. They seem to be indicating you should be looking for at least 1:3 to stand a chance once slippage, trading costs and other factors are considered. 

Grateful for any thoughts from someone thats trying it given it’s £1500. Cheers! 

Link to comment
  • 7 months later...

Hi, I am looking at the Eoins strategy and wondering how your trades went over the past year? If anyone is still out there I'd be interested in any feedback please? Many thanks.

Link to comment
Guest JohnWoottonUK
On 27/08/2018 at 09:02, JohnWoottonUK said:
On 25/08/2018 at 12:53, Guest John Threadgold said:

I asked a lot of questions re the how well the strategy worked, the year on year results ( there were two years it failed ) and the number of consecutive losses they are had ( it was 4 trades ) and capital management etc. I was surprised that they  answered all my questions in detail. I have bought into it for a one year subscription. I am happy to let you know how it goes, for good or ill. 

Hi John... how is your prescription to Reflex Trader going? John 👍

Link to comment
Guest Johnwoottonuk
15 hours ago, Guest Jane said:

Hi, I am looking at the Eoins strategy and wondering how your trades went over the past year? If anyone is still out there I'd be interested in any feedback please? Many thanks.

I've just asked a John Threadgold how it's going for him. I didn't buy in as I need a the data such as: let me say I start with £5000 and go with £5 a point and have a couple of losers; will I have enough money to get through the bad trades? A twelve month data trail of that scenario would be good 😊 

Link to comment
  • 1 month later...
On 21/07/2018 at 17:12, JohnWoottonUK said:

Hello

Does anyone use Reflex Trader, (Eoin Treacy) which uses the USA pensions dates to predict rise in the Dow? I looked at it but didn’t have sufficient detail to make a decision. Thanks in advance...

John

Hi

Do not join please it is a beginner rip off! Lucky i got my mony back. The problem is that they give you a calender date to follow with opening and closing trades. The opening dates are ok but then the closing dates are three days later or worse a week later. This gives great exposure to loses. A guy last week lost £3500 in two days I lost 300. They give you the impression that you can open a trade and go on a holiday in the meantime and when you come back just close it!!! Am sure expert traders are laughing now! I realised I was a fool when I lost the money. When I opened the trade I was making money I could have closed the deal but as they give you a closing date i decided to follow their strategy as i paid for it and that s when i lost my money! I was really angry and requested my money back. There is no need to pay £1700 to join such a stupid strategy. Am still upset with myself...for 20hours I was making money and did not close the trade as i set the stupid closing date in my mind and was waiting and then lost everything. There are no one in their team to give proper advice (on purpose). Do not join , try just practicing with your demo account until you understand points level and stop loss.

Edited by Dona
Link to comment
18 minutes ago, Dona said:

Hi

Do not join please it is a beginner rip off! Lucky i got my mony back. The problem is that they give you a calender date to follow with opening and closing trades. The opening dates are ok but then the closing dates are three days later or worse a week later. This gives great exposure to loses. A guy last week lost £3500 in two days I lost 300. They give you the impression that you can open a trade and go on a holiday in the meantime and when you come back just close it!!! Am sure expert traders are laughing now! I realised I was a fool when I lost the money. When I opened the trade I was making money I could have closed the deal but as they give you a closing date i decided to follow their strategy as i paid for it and that s when i lost my money! I was really angry and requested my money back. There is no need to pay £1700 to join such a stupid strategy. Am still upset with myself...for 20hours I was making money and did not close the trade as i set the stupid closing date in my mind and was waiting and then lost everything. There are no one in their team to give proper advice (on purpose). Do not join , try just practicing with your demo account until you understand points level and stop loss.

Interesting, thanks for the info, do you know if they publish the aggregated account history of their recommended trades? 

Link to comment
  • 9 months later...
  • 8 months later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Crypto trading is a bit complicated when it comes to understanding the dynamics in profit making. Some people are more inclined to technical analysis which of course has been the widely used trading tool but some are more inclined to fundamentals but sticking to fundamentals alone could be highly risky in my own opinion even though crypto is also financial instrument that often respond to news updates.  A blend of the two could provide a safety net for traders in minimizing losses compared to potential profit. The above case scenario is largely attributed to perp futures trading and other derivatives. TA and FA could also be very useful for spot trading but I feel timely listing of projects could largely determine one's profit from investing in a project. These may not be for all projects cos some are **** coins. This could be a personal perspective but I have noticed listing speed is also another important factor to consider along with project fundamentals when trading and if we are to include listing speed as a factor for choosing trade then it will affect our choice of trading platform cos some are more inclined to top cap projects while others are more inclined low cap gems.   My experience with ORDI has proven this trading skill rewarding. ORDI was first listed on Bitget before other exchange joined the listing party after it saw rapid adoption reflecting in it significant MCap growth. This chart should give us a glimpse of my experience with this strategy.
    • In a stunning display of market momentum, the PANDORA token, the first of its kind, has skyrocketed an astonishing 4872% from its introduction on February 2nd to February 7th. This remarkable performance has not only caught the attention of cryptocurrency enthusiasts but has also solidified PANDORA’s position as a groundbreaking asset in the digital currency landscape. Pandora's ERC-404 protocol revolutionizes the token landscape by seamlessly blending the qualities of ERC20 and ERC721 standards. This experimental mixed implementation enables persistent liquidity and non-fungibility for NFTs, unlocking a realm of possibilities previously unexplored. Adding to the excitement, Bitget Wallet is gearing up to introduce a specialized section dedicated to ERC-404 token market listings. This feature creates a hub for tokens that blend the best of both worlds—the liquidity of ERC-20s and the uniqueness of ERC-721 NFTs. I have come to believe that, the electrifying surge of PANDORA token and the innovative ERC-404 standard is not just a fleeting trend but a window into the future of cryptocurrency.
    • A significant turning point in the #PORTALxBitget collaboration is the listing of $PORTAL on Bitget through the Candybomb event, which opens up benefits and synergistic prospects like 1. Diversified Trading choices: Users now have access to a wide range of trading choices thanks to $PORTAL's listing on the exchange, including cutting-edge leveraged trading capabilities and spot trading. This gives customers the freedom to interact with $PORTAL in a way that suits their preferred level of risk and trading techniques. 2. Community Synergy: By uniting the exchange users and the pre-existing $PORTAL community, the Candybomb event stimulates community engagement. Through this synergy, a positive environment surrounding #PORTALxBitget may be developed, encouraging cooperation, information exchange, and sustained interest in the project. Could this recent collab stimulate the  stage for a fruitful and mutually beneficial relationship between #PORTAL and exchange.
×
×
  • Create New...
us