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In a message dated 97-12-10 10:58:36 EST, martz@xxxxxxxxxxxxxxx writes:
> Frustrated newby has been drawn to the above mentioned site like a moth to
> a
> light bulb.
> http://www.TradeTutor.com
>
> Sounds reasonable and the charts even make sense, however I understand that
> he sends his proposed "recommendations" at the end of the day which
> presumably confirm / enhance your own days trading.
>
> I am very sceptical about a tutor who "tutes" in retrospect! I can ask the
> tea lady for a dose of Day after wisdom......
>
> Interested in other's experiences in this particular offer. It appeals to
me
> as the signals appear to be stock standard (KISS) RSI/LRS/MACD.... all the
> stuff I feel marginally confident in.....
> thoughts/first hand experiences appreciated
>
Mike
I to am fortunate enought to be a student of Arthur Ullrich. First
let me state categorically he makes absolutely no recommendations. What he
simply does is put out a commentary showing the trades he took that day. Do I
believe he takes them.. absolutely. First when he doesn't trade he spells
out very plainly that what he is showing is what he thinks he might have done.
Secondly as you gain understanding of what he is doing you will begin to be
able to recognize where he acts with a high percentage of accuracy. Makes for
a high level of believablity.
Yes there is application of RSI/MACD etc, but it is far from that
simple. Is this a quickie, learn in a day approach. Nope. Its going to
take you some time and some hard work. BUT it works. The rest is up to you.
You risk is less then the risk in a trade and you can depend that
when Arthur says there is a money back guarantee, he will back it up. You
won't want it though.
Pete
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